Sen. Lummis has been appointed Chair of the Senate Banking Subcommittee on Digital Assets and is pushing for bipartisan legislation to establish a legal framework for digital assets and strengthen the...
Sen. Lummis has been appointed Chair of the Senate Banking Subcommittee on Digital Assets and is pushing for bipartisan legislation to establish a legal framework for digital assets and strengthen the U.S. dollar with a strategic Bitcoin reserve.
@SenLummis is calling for the U.S. to secure Bitcoin as a strategic asset, warning: “If you’re not first, you’re last.” She argues that leading in Bitcoin adoption is essential for America’s dominance in the 21st-century financial system.
Is the U.S. finally ready to embrace BTC at a national level?
The Senator stated in her X account: “Digital assets are the future, and if the United States wants to remain a global leader in financial innovation, Congress needs to urgently pass bipartisan legislation establishing a comprehensive legal framework for digital assets and that strengthens the U.S. dollar with a strategic bitcoin reserve. I am humbled my colleagues have placed their trust in me to chair this historic subcommittee and I look forward to shepherding bipartisan legislation to President Trump’s desk this year that secures our financial future.”
Microsoft and OpenAI are probing whether DeepSeek, a Chinese AI startup, accessed OpenAI’s data through its API without authorization. In late 2023, Microsoft’s security team flagged a large-scale data extraction, suggesting...
Microsoft and OpenAI are probing whether DeepSeek, a Chinese AI startup, accessed OpenAI’s data through its API without authorization.
In late 2023, Microsoft’s security team flagged a large-scale data extraction, suggesting DeepSeek may have circumvented restrictions to collect more data than it was allowed.
Coincidentally, DeepSeek recently unveiled “R1,” an AI model claiming to rival offerings from OpenAI, Google, and Meta—at a significantly lower cost.
This revelation triggered a massive selloff in tech stocks, wiping out nearly $1 trillion from major companies like Microsoft, Nvidia, Oracle, and Google.
Investors are wary of a potential shift in AI dominance. David Sacks, Trump’s AI czar, commented: “There’s substantial evidence that DeepSeek distilled knowledge from OpenAI models, and I don’t think OpenAI is pleased about this.”
While OpenAI has not named DeepSeek, it has warned that China is actively attempting to siphon U.S. AI technology and is working with the U.S. government to secure the sector.
