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Briefing
crypto

Regulators Tell Paxos to Stop Issuing Binance Stablecoin

By
Aidan Ryan
· · Source: The Information

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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How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
By Chris Stokel-Walker · May 27, 2023 6:00 AM PDT
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When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core. The founder and CEO of Logikcull, a San Francisco–based legal technology company, Wilson “had the exact same reaction to ChatGPT as I had to the internet browser in the early ’90s,” he said. “But this time I knew it would be even bigger than...
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