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South Korean tech behemoth Samsung Electronics is setting its sights on surpassing Taiwanese chip titan TSMC and becoming the first to manufacture chips using 2-nanometer technology in the US. In pursuit of this goal, Samsung is channeling approximately $40 billion into research and the modernization of its Texas facility, projecting to outpace its rival by two years.
Web traffic analysis reveals that the United States, the United Kingdom, and Turkey are at the forefront of countries showing keen interest in the integration of artificial intelligence with cryptocurrencies, with the United States alone contributing to 18.9% of this fascination. These findings were highlighted in the latest report by CoinGecko, which identified the top fifteen countries engaging with this trend.
JPMorgan bank analysts suggest that the US Department of Treasury's Office of Foreign Assets Control (OFAC) may wield certain influence over Tether, the issuer of the USDT stablecoin. For example, it could enforce compliance with sanctions and restrictions regarding various projects, individuals, and nations. AI Apps for Mental Health: Tested and Reviewed
In a future scenario, could friendly chatbots step into the shoes of seasoned psychotherapists? Or might artificial intelligence become a new kind of nightmare, swapping human therapists for pesky algorithms? Are AI applications capable of helping us handle anxiety, stress, and even existential crises? Stand With Crypto and US Politicians' Views on Digital Assets
Stand With Crypto is a US-based non-profit organization. It was launched in August 2023 by the crypto exchange Coinbase with a mission to unite the crypto community to voice their opinions on crypto regulations, communicate with policymakers, and influence legal decisions.
Tether, the issuer of the USDT stablecoin, has again provided assistance to US law enforcement by helping to recover about 1.4 million USDT stolen by fraudsters masquerading as technical support. Tether has announced that all recovered funds will be returned to the victims and that the company will maintain its voluntary cooperation with government authorities.
A US court has declared that trading certain cryptocurrencies on the secondary market amounts to dealing in securities, thereby falling under the purview of the Securities and Exchange Commission (SEC). Judge Tana Lin delivered this verdict while presiding over an insider trading case involving acquaintances of employees at the crypto exchange Coinbase.
The US Internal Revenue Service (IRS) has brought on board two former cryptocurrency company employees as consultants to aid in crafting the definitive tax regulations for digital assets. This move will impact all crypto businesses, including exchanges and brokers, requiring them to report all transactions per client.
The Financial Supervisory Service of South Korea (FSS) intends to meet with business representatives and the US Securities and Exchange Commission (SEC) to gather detailed information about Bitcoin ETFs. These plans were announced by the FSS Governor, Lee Bok-hyun, during a presentation in Seoul outlining his action plan for the near future.
JCapital Research analysts have issued a warning about the potential for a significant drop in Hut 8 Mining Corp (HUT) shares, citing possible involvement in fraudulent schemes like Pump & Dump. This alert is primarily based on the company's recent acquisition of US Bitcoin (USBTC) and the ensuing merger. 








