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Mamdani has imposed a one-year moratorium on generative AI in New York City schools, affecting nearly 600,000 students. Five named vendors will continue metered pilot programs in high schools, according to Decrypt.
A TrueUSD defendant in a $456 million court case must submit an affidavit identifying sources of legal funding within days. Any sanctions would require a separate application from Techteryx.
Pencil Finance completed a $1 million onchain lending cycle serving 6,600 students in Southeast Asia. Cointelegraph reported that the first-of-its-kind program targeted borrowers underserved by traditional lenders.
Memecoin pairs involving Robinhood’s tokenized stocks recorded $217 million in volume on Robinhood Chain on Sept. 2, exceeding the $127 million traded in direct stock-token markets, according to data compiled by Adam Tehc.
Standard Chartered has launched institutional spot trading for Bitcoin and Ether in the UAE, Cointelegraph reports. The bank said it is the first major global bank to provide this access in the region.
A Michigan judge barred Kalshi from offering sports bets in the state and threatened a $500,000 daily fine. The order called the platform’s operation sports betting “masquerading as an investment opportunity,” Decrypt reported.
Ontology requires nodes to upgrade to version 3.1.5 after malicious activity hit the chain following a restart. The attack path and wider service-recovery details remain undisclosed, according to CryptoSlate.
Thailand will require licensed crypto operators to add recipient data, collect extra details for transfers above 30,000 baht and verify some self-hosted wallets, while also increasing scrutiny of offshore crypto transfers.
Hyperscale Data has ended Bitcoin mining in Michigan and is redirecting capital to its AI data center. Its Bitcoin holdings have fallen about 79% since late July to 215 BTC, Cointelegraph reported.
Primavera is reportedly negotiating for three Venezuelan oil fields under a new US-backed framework, CryptoSlate reported. No agreement has been signed and no transfer of the assets has been announced.
Nearly $10 million could be stranded on an Ethereum layer 2 after deposits were halted and the network announced plans to shut down. CryptoSlate said users must follow differing exit procedures before New Year’s Eve to avoid possible loss.
SEC Chair Paul Atkins expects the Clarity Act to pass this month, Bitcoin Magazine reports. The projection comes despite a delayed vote as the SEC continues advancing its cryptocurrency regulatory agenda.
Federal authorities and private-sector partners, including CrowdStrike, worked to disrupt malware that allegedly redirected about $150,000 in cryptocurrency over eight years, Cointelegraph reported.
Cornell University surveyed 25,880 people about Bitcoin use. Bitcoin Magazine reports that, despite limited technical understanding among many users, the asset is proving useful for some when traditional banking services fail.
