OpenAI CEO Sam Altman, IBM’s VP of trust and privacy Christina Montgomery, and NYU emeritus professor Gary Marcus will testify before Congress on May 16 to discuss AI regulation in the United States. The hearing, titled “Oversight of A.I.: Rules for Artificial Intelligence,” will likely focus on safety and privacy concerns. While Altman and Montgomery oppose a community-driven “pause” on AI development, Marcus has been a vocal supporter of the idea. The outcome of the hearing could have disruptive ramifications for the industry and potentially impact sectors such as fintech.
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OpenAI CEO Sam Altman to Testify Before Congress on AI Regulation alongside IBM and NYU Experts
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Cointime August 4 News Express
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According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches. -
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