Bitwise Asset Management has made a groundbreaking move in the cryptocurrency space by becoming the first Bitcoin ETF provider in the United States to publicly disclose the on-chain address of its spot Bitcoin ETF holdings. This initiative marks a significant step towards enhancing transparency within the cryptocurrency industry and sets a new standard for other ETF providers. By making its
The Paris AI Action summit gained considerable attention as an advocate for an “inclusive” and “open” approach towards artificial intelligence (AI), endorsed by over 60 signatories from around the world. However, eyes were on the notable absences of the United States and the United Kingdom among the signatories. This unveiling sparked conversations about the need for inclusive multistakeholder dialogues and
The European Union has recently passed a groundbreaking Artificial Intelligence (AI) Act that imposes significant restrictions on the use of emotion recognition systems within workplaces. These advanced AI systems are designed to infer emotions through various forms of biometric data, including keystrokes, body posture, or voice. However, the new regulations prohibit such systems in multiple contexts, particularly when it comes
The U.N. Cybercrime Convention, formally titled “Countering the Use of Information and Communications Technologies for Criminal Purposes,” represents the United Nations’ first international criminal justice treaty of the 21st century. Adopted by the U.N. General Assembly on December 24, 2024, this landmark treaty emerged primarily to address the growing threat of cybercrime in an increasingly digital world. The development of
In a significant move, Google has revised its AI principles, notably removing earlier prohibitions against developing AI-powered weapons and surveillance technologies. This update marks a departure from the company’s previous ethical stance, which explicitly banned AI applications intended to cause harm or facilitate invasive surveillance practices. The new principles now emphasize ‘bold innovation,’ ‘responsible development and deployment,’ and ‘collaborative progress,’
A shocking legal scenario is unfolding involving an Israeli hacker who has already served his full sentence in Israel, yet now faces unprecedented extradition demands from the United States. Legal Controversies and U.S. Extradition Demands Agreement and Legal Basis Initially, there had been an understanding between the U.S. and Israel that the hacker, who has since reached the age of
The article discusses the beginning of a new regulatory era brought on by the EU AI Act, which starts to take effect next week. The EU AI Act is a comprehensive set of new regulations aimed at governing the use of AI technologies within the European Union and has significant implications for businesses worldwide that utilize AI in their operations
In a pivotal moment for international digital security, the UN General Assembly has adopted a groundbreaking cybercrime treaty following a five-year effort that included inputs from diverse stakeholders such as civil society, information security experts, academia, and the private sector. This collaborative achievement was lauded by UN Secretary-General António Guterres, who emphasized it as a milestone for multilateralism and international
The advent of artificial intelligence (AI) in combat tactics has undoubtedly ushered in a new era of military operations, with Israel’s transformation of its intelligence strategies serving as a prime example. Through the integration of advanced AI tools, particularly in the ongoing Gaza conflict, Israel has taken significant steps toward modernizing its approach to warfare. This groundbreaking development, often referred
Imagine a world where artificial intelligence (AI) pervades our entire criminal justice system, with algorithms deciding who gets arrested and who gets acquitted. That idea may seem unsettling, evoking visions of a dystopia where human judgment is obsolete and justice is determined by faceless machines. However, Pramod Kunju stands as a powerful advocate for an alternative, more hopeful vision. Kunju
In a significant stride towards promoting safer work environments, the International Labour Organization (ILO) has launched an innovative training manual designed to assist employers in preventing and managing violence and harassment at the workplace. This initiative is particularly timely, as recent statistics reveal that one in five individuals faced such issues at work in 2022 despite commitments from ILO member
In an increasingly competitive and fast-paced corporate world, organizations are constantly seeking new ways to enhance their financial performance and drive employee satisfaction. One of the most compelling strategies emerging from recent research is the promotion of diversity within executive teams. McKinsey’s latest report indicates that companies excelling in ethnic and gender diversity are significantly more profitable than their less
