The Business & Technology Network
Helping Business Interpret and Use Technology
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Feed Items

A new study by AI safety firm Palisade Research has revealed that OpenAI’s o3 model actively defied explicit shutdown instructions. The research, published on May 24, found that o3 was the only artificial intelligence model tested that repeatedly sabotaged its shutdown mechanism. The firm stated: “OpenAI’s o3 model sabotaged a shutdown mechanism to prevent itself from being turned off. It did...
Ethereum co-founder Vitalik Buterin believes that if decentralized networks become more robust and private, they can support national efforts to reduce reliance on cash. In a May 25 post on X, Buterin commented on recent developments in Sweden and Norway, where authorities are rethinking their near-total shift toward digital payments. Both countries have led the global trend in phasing out...
The following is a guest post and opinion of Sveinn Valfells, Co-founder of Monerium. Mario Draghi is right. Europe hobbles itself with substantial tariffs, including regulations on “the most innovative part of the service sector – digital”. The European Union has done just that by creating tariffs on stablecoins, a practical form of digital money could provide a significant positive impact on...
The following is a guest post and analysis from Vincent Maliepaard, Marketing Director at Sentora. The Bitcoin market cap recently surpassed $2 trillion, and with over 50 million bitcoin addresses with a balance, the value of the asset is becoming undeniable. However, where traditional currencies like dollars or euros typically pay interest on holdings, Bitcoin provides no such rewards for simply...
Tether CEO Paolo Ardoino told Bloomberg on Friday that the company is “open to” creating a separate domestic stablecoin to meet the needs of the U.S. market. The news comes amid the U.S. trying to push through a stablecoin legislation—the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act). The international issuer of the largest stablecoin, USDT, is “getting...
It’s not too often that an interview at a crypto conference feels more like meeting a mate for a few beers at a bar. Yet that’s exactly what speaking with Max Rabinovitch, the Chief Strategy Officer of Chiliz, is like. Unhurried and unpretentious, after the high-octane pace of TOKEN2049 week, it feels good to take a breath and bring the tempo back down to earth. From our meeting today, you’d have...
American economist Kenneth Rogoff believes that the rise of crypto poses a threat to the hegemony of the U.S. dollar. Rogoff previously served as the chief economist at the International Monetary Fund (IMF) and on the Federal Reserve Board. He is a published author and an economics professor at Harvard University. In an interview with Bloomberg, Rogoff said that while the U.S. dollar is still the...
U.S. President Donald Trump’s private dinner gala with the top 220 holders of his memecoin, which generated controversy from its announcement, took place on May 22. But what was touted as “the most exclusive invitation in the world” elicited mixed and wide-ranging responses from its attendees. While some complained about the quality of the food and the lack of interaction with Trump, others...
The following is a guest post and opinion of Arthur Iinuma, Principal consultant and Founder of Iinuma.io. While good tokenomics cannot save unsound projects, even the most promising network launches can fail from poor token design. Spectacular flameouts like Terra LUNA and Celsius expose the dangers of financial sleight-of-hand—algorithmic stablecoins and yield schemes masquerading as innovation...
The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. With Bitcoin dominance climbing to a 4-year high of 63%, it is clear that the altcoin market is not doing so well. Many a memecoin has sullied the crypto experience, alongside constant generation of new tokens that dilute the market. Nonetheless, it remains the case that the underlying promise of...