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In a move that feels like it’s straight out of a crypto-thriller, the UK government proposed a new legislation aimed at clarifying the legal status of digital assets such as cryptocurrencies, NFTs, and others. Known as the Property (Digital Assets etc.) Bill, this marks a significant milestone in providing legal recognition for all digital assets, classifying them as personal property.

According to some investors, many tech companies are facing a crisis that’s being overshadowed by the AI hype. Problem areas include software development, IT consulting, and even traditional sectors like the auto industry.

NaNoWriMo, the nonprofit known for its annual novel-writing contest, recently lost four board members and a key financial sponsor after it stated that rejecting artificial intelligence amounted to class inequality and discrimination against people with disabilities.

Three authors (Andrea Bartz, Charles Graeber and Kirk Wallace Johnson) filed a lawsuit against the AI company Anthropic. They accuse it of illegally using their literary works, along with those of many other authors, to train its AI-powered chatbot Claude.

August 14th marks the second anniversary of WhiteBIT Coin. It’s been two years since the IEO of the token (now a coin) from Europe’s leading exchange, WhiteBIT, and much has changed since then.

“It was a big waste of time,” one participant told journalist Eleanor Terrett after an online meeting between representatives of the crypto industry and Democratic Party leaders on Thursday (8th of August).

The new stablecoin USDS, poised to replace DAI, might feature a decentralized process for appealing frozen assets if such measures are implemented in the future. Currently, there is no mechanism for freezing funds, but it could be added through an update to the smart contract.

YouTube launched an AI-based chatbot aimed at assisting content creators in regaining control of their accounts if they’ve been compromised. For now, it’s available to a select group of users, but the developers intend to make it accessible to everyone.

The developers behind Procreate, an iPad application designed for digital graphics, have declared their opposition to generative artificial intelligence. They have made it clear that this technology will never be integrated into their platform, citing ideological differences. However, they acknowledge the positive aspects of machine learning.