Author: ZAC

The cryptocurrency exchange Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), accusing the regulator of overstepping its legal authority in regulating the crypto industry. The decision to sue the SEC came after Crypto.com received a Wells Notice from the agency, as stated on the company’s website on Tuesday. The exchange claims the lawsuit is aimed at safeguarding the future of the cryptocurrency industry. A Wells Notice is a formal alert indicating that the regulator plans to recommend enforcement action. Other companies in the digital asset space, including Robinhood’s crypto division, Coinbase, and the NFT platform…

Ukraine has decided not to proceed with a second peace conference aimed at resolving the conflict with Russia, a senior aide to President Vladimir Zelensky confirmed. The meeting had initially been planned for November. Zelensky previously hosted a ‘peace summit’ in June at the Swiss resort of Luzerne, hoping to gather international support for his proposed ‘peace formula,’ a ten-point plan that Russia dismissed as unrealistic. The summit, which excluded Russia, was widely regarded as unsuccessful. “The Second Peace Summit will not be held in November,” senior presidential aide Darya Zarivna announced on Tuesday. Despite this, Zarivna stated that efforts…

John Hopfield and Geoffrey Hinton have been awarded the 2024 Nobel Prize in Physics for their pioneering contributions to the development of machine learning, particularly in the realm of artificial neural networks. The Royal Swedish Academy of Sciences recognized their work as a foundational step in advancing this technology, which is now integral to many aspects of daily life. John J. Hopfield, a professor at Princeton University, was honored for creating an associative memory model, commonly known as the “Hopfield network.” This neural network is capable of storing and reconstructing patterns from incomplete data, simulating certain brain functions. His innovation…