Paxos announced Monday that the New York State Department of Financial Services had ordered it to stop issuing Binance-branded stablecoins known as BUSD. Paxos said it would halt issuing new BUSD tokens starting next week, and the customers holding BUSD could redeem the tokens until February 2024. BUSD, which is pegged to the value of the U.S. dollar, is one of the world’s biggest...
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The Weekend culture ai
Fear and Longing in the AI Wars
Hi, welcome to your Weekend! This is Abe filling in for Jon, who returns as Weekender-in-Chief next Saturday.If the cars, brain implants and spaceships don’t pan out, Elon Musk has a promising future as a fear-monger. His was the leading name attached to a widely discussed open letter published this week that urged a halt in artificial intelligence research, warning that AI poses “profound...
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