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BeInCrypto

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BeInCrypto

Why an Anthropic Exit Has Congress Talking About Pausing AI

US lawmakers answered an Anthropic researcher’s resignation with a fresh push to halt advanced artificial intelligence (AI) development, including a Senate bill that would ban superintelligence outright. Jacob Coxon quit on September 9 and said Anthropic and OpenAI are both…

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DOJ Restrains $52 Million in Crypto Tied to Chinese Scam Marketplace Xinbi

US authorities have restrained roughly $52 million in scam-linked crypto in a single day and seized the Telegram channels of Xinbi Guarantee, a Chinese-language illicit marketplace. Elliptic says its multi-year tracking of Xinbi’s wallets enabled the Secret Service to act.…

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Barclays Sees 4% Upside for the S&P 500 on Tech Earnings Strength

Barclays raised its year-end S&P 500 target to 7,950 from 7,800 on Wednesday, leaving roughly 4% upside from the index’s latest close. The bank pointed to durable demand for artificial intelligence (AI) and repeated beat-and-raise results from Big Tech, which…