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Cryptocurrency markets experienced significant losses during the first half of 2022 as the market’s capitalization declined from $2.9 trillion at the end of 2021 to less than $900 billion at the beginning of June 2022. The most popular cryptocurrency, Bitcoin, was trading at about $21,493, down 54% from the start of the year. Ethereum, the second-biggest crypto by market cap, was down about 56% year-to-date, trading at $1,651.
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AI Needs Its ‘Come the Jesus’ Moment
By Steve Salkin and Brett Burney
It’s time to stop the hype, stop talking up AI as if it’s the next best thing since sliced bread and prove that it’s a useful tool and technology that can actually be used in the actual practice of law.
U.S. Regulators Lift the Curtain on Data Practices with Assessment, Reporting and Audit Requirements
By Alan Friel, David Manek, Sasha Kiosse, David Farber and Colleen M. Yushchak
The assessment and audit requirements of the new generation of state data protection laws will force U.S. companies to move beyond mere window dressing and instead require them to develop fulsome data protection programs.
Artificial Intelligence Redefines Our Defense Against Cyber Threats
By Roy Hadley
The cybersecurity landscape is on the brink of a transformative shift, with predictive analytics and behavioral analysis leading the charge for more resilient and adaptive defenses.
Deep Fake of CFO on Videocall Used to Defraud Company of $25M
By Scott Warren
It appears that hackers are using AI to sift large digital data to identify more convincing approaches for their scams as well as weaknesses in weaknesses in software coding or network security.