Author: MNK News
Topline Former President Jimmy Carter’s state funeral—including a eulogy by President Joe Biden—will take place on Jan. 9 in Washington, D.C., less than two weeks before President-elect Donald Trump takes office, with other arrangements set to take place in Washington and his home state of Georgia. Former President Jimmy Carter died Sunday at age 100. (Photo by Paul Hennessy/NurPhoto via Getty … [+] Images)NurPhoto via Getty Images Key Facts Atlanta’s Carter Presidential Center will hold a service for the former president—who died Sunday at age 100 in Plains, Georgia—on the afternoon of Saturday, Jan. 4, and Carter will lie in…
Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are suing the Internal Revenue Service to block new regulations that require decentralized finance (DeFi) entities to report customer information. The IRS has been finalizing crypto tax regulations as part of the Biden administration’s Infrastructure Investment and Jobs Act. The IRS says these new rules should help “close the information gap with respect to digital assets.” The lawsuit, on the other hand, claims that this approach would unduly burden “DeFi trading front-ends,” — basically, online platforms that allow users to access crypto…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Examining why Lightchain AI could be the ultimate presale investment. Lightchain AI is emerging as the top investment choice during its presale stage thanks to its approach to blockchain and artificial intelligence integration. Unlike speculative tokens, Lightchain AI seeks to offer real-world utility through its advanced ecosystem, which will prioritize privacy, scalability, and decentralized governance. With a clear roadmap and robust tokenomics designed for long-term sustainability, the platform aims to transform decentralized AI. Investors are joining the Lightchain AI…
Encode, the nonprofit organization that co-sponsored California’s ill-fated SB 1047 AI safety legislation, has requested permission to file an amicus brief in support of Elon Musk’s injunction to halt OpenAI’s transition to a for-profit company. In a proposed brief submitted to the U.S. District Court for the Northern District of California Friday afternoon, counsel for Encode said that OpenAI’s conversion to a for-profit would “undermine” the firm’s mission to “develop and deploy … transformative technology in a way that is safe and beneficial to the public.” “OpenAI and its CEO, Sam Altman, claim to be developing society-transforming technology, and those claims…
WASHINGTON (AP) — Chinese hackers remotely accessed several U.S. Treasury Department workstations and unclassified documents after compromising a third-party software service provider, the agency said Monday. The department did not provide details on how many workstations had been accessed or what sort of documents the hackers may have obtained, but it said in a letter to lawmakers revealing the breach that “at this time there is no evidence indicating the threat actor has continued access to Treasury information.” “Treasury takes very seriously all threats against our systems, and the data it holds,” the department said. “Over the last four years,…
Health insurers’ profit margins are well below those of the average S&P 500 company.Getty Images In the aftermath of the senseless murder of the CEO of UnitedHealthcare, responsible commentators were quick to condemn the act. “Murder is bad, and so are murderers,” wrote the liberal economist Paul Krugman. “Neither should be celebrated.” But then Krugman went on to offer an admittedly “somewhat … caricatured” view of U.S. health care: “It’s a system in which taxpayers bear the cost of major medical care, but this taxpayer money flows through private companies that take a cut, spend a lot on administration, and…
Owner-operators wanted broker rule enforcement to start next month. (Photo: Jim Allen/FreightWaves) WASHINGTON — The deadline for complying with major provisions of a rule aimed at protecting trucking companies against unpaid claims from brokers will be pushed back a year despite strong opposition from owner-operators. In a notice posted Monday, the Federal Motor Carrier Safety Administration confirmed it will extend the deadlines for three provisions in its Broker and Freight Forwarder Financial Responsibility rule. It gave the public 26 days to respond to the planned extension, which it proposed on Nov. 4. The broker rule, which took effect in January…
Sonic Labs, the team behind the Ethereum Virtual Machine (EVM) layer-1 blockchain Sonic, has partnered with Immunefi, a leading bug bounty platform, to launch a $2 million bug bounty program. In its announcement on X, Sonic Labs said it had partnered with Immunefi to offer a $2 million bug bounty program. The projects’ collaboration comes a few weeks after the Sonic mainnet launch. Several exchanges, including Binance, are supporting the 1:1 Fantom (FTM) to Sonic (S) migration. According to Sonic Labs, the bug bounties program is key to the security of both the L1 protocol Sonic and the Gateway bridge.…
Documents and workstations at the US Treasury Department were accessed during a cyberattack, The New York Times reports. The attack was linked to a “China state-sponsored Advanced Persistent Threat actor” and has been characterized as “a major cybersecurity incident.”According to a letter the Treasury Department shared with lawmakers (via TechCrunch), US officials were made aware of the issue on December 8, when BeyondTrust, a third-party software company, shared that a security key used to provide technical support was used to access workstations and unclassified documents.The Treasury Department said that it has worked with the Cybersecurity and Infrastructure Security Agency (CISA) and…
The incoming Trump administration and 119th Congress are poised to hammer out resolutions of disapproval aimed at rescinding costly Biden regulations issued within the final 60 legislative days of the 118th Congress. Donald Trump, White House, July 16, 2020Photo by the author — Clyde Wayne Crews Jr. The Congressional Review Act (or CRA) of 1996 is the shiny tool making that possible. The CRA lay rusting for nearly two decades before springing to life during Trump’s first term, eliminating over a dozen Obama-era rules. Although this article lays out the targets, we require a sense of proportion with respect culling…