App apologizes for offensive AI summary

Fable Book Tracking App will remove its popular AI features after the platform generated offensive reader summaries on race, gender, sexuality and disability. Fable’s annual reading summaries – similar in style to Spotify Wrapped – are intended to be a “playful and fun way” to celebrate readers’ “uniqueness,” said Chris Gallello, product manager, in a…

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When you can install the new iPhone update

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Senate financing committee to examine the taxation of digital assets in October 1 audience

The Senate financing committee said on September 24 that it would hold an audience next week on how digital assets should be taxed while industry leaders continue to pressure for clear federal rules. Committee president Mike Crapo announced that the session, entitled “Examination of the taxation of digital assets”, will be held on October 1….

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What AML Looks Like in the Crypto Landscape

Traditional compliance methods face an uphill battle in the world of cryptocurrencies. It turns out that pseudonymity, code-based transactions, and borderless systems don’t naturally mesh with laws designed for a world of centralized banks and paper trails. But as crypto companies become more public, with an exchange and wallet provider Blockchain.comas well as new digital…

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