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Time to Move Forward With 'Sensible' AI Regulation, Says Rep. Liccardo

6 days 21 hours ago
Democrat Representative from California Sam Liccardo said that congress has 'issued a lot of press releases' on issues surrounding technology, but haven't managed to push meaningful legislation over the finish line. Liccardo, whose district includes parts of Silicon Valley, said it is critical lawmakers act on AI concerns and that it is time to move forward with 'sensible' regulation. (Source: Bloomberg)

Power On: How Private Is an Always-Listening Apple Watch?

6 days 21 hours ago
Apple is bringing some its most ambitious AI capabilities to its products. As AI becomes increasingly woven into daily life, questions over privacy are likely to follow. On this episode of the Power On podcast, Mark Gurman and Vlad Savov discuss privacy implications of new always-listening Apple Watch features. (Source: Bloomberg)

Crypto Market Update: Bitcoin Touches August Low Amid Nvidia Probe

6 days 21 hours ago
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Here's a quick recap of the crypto landscape for Monday (November 9) as of 10 a.m. UTC.Bitcoin price updateBitcoin price chartEther and altcoin price updateToday's crypto news to know Bitcoin price update Bitcoin (BTC) was priced at US$74,484.86, trading two percent lower over the past 24 hours. Chart via the Investing News NetworkBitcoin price performance, November 9, 2026. Ether and altcoin price update Bitcoin price performance, August 19, 2026.Ethereum (ETH) was priced at US$2,121.43, trading 5.2 percent lower over the last 24 hours.XRP (XRP) was priced at US$1.10, trading 5.6 percent lower over the past 24 hours.Solana (SOL) was trading at US$86.96, trading 2.9 percent lower over the past 24 hours. Today's crypto news to know Bitcoin falls to August low as markets weigh Nvidia CEO scandalBitcoin fell to about US$73,761 late Sunday (November 8), its lowest level since August, after NVIDIA (NASDAQ:NVDA) CEO Jensen Huang admitted to an affair with a woman US officials believe was spying for China. The token rebounded above US$75,000 before the bounce stalled, and it traded near US$74,500 on Monday (November 9).Nvidia’s board opened an independent investigation after reports that Huang had a relationship with Alice Huang, a business executive whom US intelligence agencies believe was passing information to Beijing. Jensen Huang acknowledged the affair in a message to employees, writing that he had been unfaithful to his wife and apologizing for the harm caused. Nvidia said it had no reason to believe anyone had compromised national security or company secrets, but that its inquiry would examine all available information. The board is overseeing the review with outside independent counsel.Nvidia is the largest stock by market cap and sits at the center of the AI boom, which has fueled risk-taking across markets, including crypto, in recent years. It also sits at the center of US-China tech competition. Washington restricts exports of Nvidia’s most advanced AI chips to China, and Megaspeed, the company linked to Alice Huang, faces accusations that it helped restricted Chinese firms obtain Nvidia chips.Bitcoin now sits between support at its 200-day average near US$73,150 and resistance at its 100-day average of US$77,430.Buterin defends anti-data center movementEthereum co-founder Vitalik Buterin defended the anti-data center movement in an X post on Sunday (November 8), arguing that slower compute growth would give the world more time to prepare for AI-driven cyber and bio risks.Buterin said he disagrees with the strong emotional reaction to anti-data center groups. He based his case on algorithmic progress: by his estimate, whatever bigger data centers could do in two years, today’s will manage in four, or sooner. Even extreme success for the movement would therefore cause nothing close to a disaster, he argued.Cybersecurity problems are already visible and bio risks may follow soon, Buterin said, so the world needs every bit of time to prepare. He added that science faces many bottlenecks besides AI, so delaying AI by a year would slow research by far less. He said his view does not rely on doomer claims about recursive self-improvement, in which AI systems upgrade themselves. At Devcon 8, he warned that AI could crack crypto by finding shortcuts through its cryptography.BlackRock CEO Larry Fink has taken the opposite view, warning that halting data center construction would push the US into recession. FinCEN order targets MEXC over alleged Russia, Iran linksThe US Treasury’s Financial Crimes Enforcement Network (FinCEN) moved on Friday (November 6) to cut crypto exchange MEXC off from the US financial system. FinCEN alleges that MEXC handled at least US$16 billion tied to Iranian, North Korean and Russian sanctions evasion, cybercrime and other illicit activity over five years.FinCEN issued the order under Section 9714 of the Combating Russian Money Laundering Act. Once it takes effect, 30 days after publication in the Federal Register, it will bar US financial institutions from sending funds to or receiving funds from MEXC, including crypto transfers.FinCEN alleges that MEXC processed nearly US$1.5 billion linked to Russian sanctions evasion between May 2021 and May 2026. That total includes transactions involving sanctioned exchange Garantex and its successor Grinex as recently as June. The agency also identified about US$1 billion in alleged direct transfers to more than 40 Iranian crypto exchanges, plus US$22 million linked to Iran’s central bank and the Islamic Revolutionary Guard Corps.MEXC is the largest crypto exchange FinCEN has targeted under the provision. Treasury said MEXC ranked among the world’s 20 largest crypto exchanges as of September, processing more than US$1 billion in daily trades and holding about US$5 billion in reserves.MEXC said last month it would stop serving users in Russia and Belarus, further adding that it is reviewing the order, continues to operate normally, and has launched an independent review of its anti-money laundering and sanctions controls. Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Crypto Market Update: Midterm Rally Fades After Tech Stocks Plummet

6 days 21 hours ago
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.Here's a quick recap of the crypto landscape for Friday (November 6) as of 10:00 p.m. UTC.Bitcoin price updateBitcoin price chartEther and altcoin price update Bitcoin price update Bitcoin (BTC) was priced at US$75,850, trading 0.55 percent lower over the past 24 hours. Chart via the Investing News Network. Bitcoin price performance, November 6, 2026.The cryptocurrency gave back some gains that followed this week’s US midterm elections, dropping below US$76,000 overnight on Wednesday (November 4) as tech stocks had one of their worst days in years.On Friday, crypto markets were flat, even as stocks recovered some of Thursday's (November 5) losses. XS.com's Simon-Peter Massabni said fund managers have been selling crypto to cover losses on stocks. He thinks money could flow back into Bitcoin and Ether once that forced selling ends, but warned that high energy costs could keep the US Federal Reserve from cutting interest rates.For its part, 10x Research said that historically post-election selloffs have tended to mark the end of a selling wave rather than a lasting shift. Ether and altcoin price update Bitcoin price performance, August 19, 2026.Ethereum (ETH) was priced at US$2,233.76, trading 0.95 percent lower over the last 24 hours.XRP (XRP) was priced at US$1.18, trading 4.55 percent lower over the past 24 hours.Solana (SOL) was trading at US$90.26, trading 0.27 percent higher over the past 24 hours. Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.