A Delaware proposal to let companies be operated by AI agents would help the firms' human owners evade legal responsibility for reckless and harmful actions taken by the AI, US Rep. James Comer (R-Ky.) told Delaware Governor Matt Meyer in a letter yesterday.
Comer, chairman of the House Committee on Oversight and Government Reform, told Meyer that the committee "seeks assistance obtaining documents related to your state administrationβs efforts to establish a new form of corporate entity to be known as an Artificial Intelligence Company (AIC)."
Comer said the proposal is ripe for abuse. "We are concerned that Delawareβs AIC proposal could be used to protect powerful AI companies and their investors from responsibility for reckless harmful actions, while also protecting non-transparent forces seeking anticompetitive regulatory capture behind state AI initiatives," Comer's letter said.
TL;DR: Hyperscale Data says Ault Markets is now providing invite-only access to a decentralized exchange running in beta on the Ault Blockchain. The publicly listed company plans to expand the platform with additional assets, including tokenized precious metals.
A publicly traded data-center company now has a decentralized exchange running in beta on its own blockchain ecosystem.
Hyperscale Data announced Thursday that Ault Markets has opened invite-only access to the DEX operating on the Ault Blockchain.
Users can request an invitation through the Ault Markets site while the platform remains in beta.
The company says the exchange follows a decentralized model in which listing decisions and trading are not controlled by a single centralized operator.
Ault Markets provides the software interface used to reach the exchange.
For Hyperscale Data, the launch is part of a broader attempt to build blockchain-based financial products alongside its existing AI, data-center and Bitcoin exposure.
The company trades on NYSE American under the ticker GPUS.
Its crypto strategy has already included Bitcoin holdings and the development of the Ault Blockchain.
The DEX gives that network a user-facing financial application rather than leaving it as infrastructure without a market attached.
Hyperscale says it plans to expand the range of assets available through Ault Markets over time.
Among the planned additions are tokenized silver, gold and platinum products.
Those assets are not live simply because they have been mentioned, and the company says further announcements will be required as they move toward launch.
Still, the roadmap shows where Ault Markets is trying to position itself.
The product is not being framed only as another venue for swapping crypto tokens.
It is also being built around the idea that real-world assets can trade through blockchain rails.
That puts Hyperscale into a crowded field.
Major exchanges, fintechs and specialized tokenization companies are all working on versions of tokenized stocks, funds, commodities and other traditional assets.
Ault Markets will have to prove that its own chain and distribution model offer something those larger competitors do not.
Invite-only beta access is a very early stage.
Liquidity is particularly important for any decentralized exchange. A technically functional market is not necessarily useful if users cannot execute meaningful trades without large price impact.
The platform will therefore need assets, market makers or liquidity providers and enough user activity to turn the software into an actual market.
Hyperscaleβs public-company status makes the experiment more unusual.
Crypto-native teams launch DEXs constantly.
A listed US company doing it as part of a broader corporate strategy is still far less common.
For now, Ault Markets is small, gated and unfinished.
But it is live enough for invited users to start finding out whether the companyβs blockchain ambitions extend beyond press releases.
Strategy just spent six times more buying back Stretch than buying Bitcoin. Is that the right move for MSTR shareholders? StoneX Senior Equity Research Analyst Mark Palmer explains why STRC is foundational to Strategyβs fundraising, and how the $4.9B USD Reserve is pushing the preferred stock back toward par. He also explains why Strategy wonβt simply raise the dividend rate.
Chapters: 00:00 StoneX Analyst Mark Palmer on Strategy (MSTR) 00:12 Stretch Buybacks vs. Buying Bitcoin: $176M vs. $29M 01:00 The $4.9B USD Reserve and Stretchβs Path Back to Par 01:56 Why Strategy Wonβt Raise the Stretch Dividend Rate 04:17 Daily Dividends and Ex-Dividend Date Volatility 06:53 Juneβs Stretch Sell-Off and Institutional Investors 07:21 Where Bitcoin Treasury Balance Sheet Stress Shows Up First 09:21 Perpetual Preferreds vs. Convertible Notes: Striveβs Approach 11:54 USD Cash, Convert Paydowns, and Metaplanetβs U.S. Push 13:09 Why StoneX Cut Its MSTR Price Target to $435
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Cybercriminals used to hacking home routers and security cameras have found another Internet-connected device to add to their botnets: your car, according to research published by Kaspersky Lab.