NY’s denial of our BitLicense application contained ‘factual inaccuracies’

Seattle-based cryptocurrency exchange Bittrex is “saddened and disappointed” by the New York Department of Financial Services’ (NYDFS) rejection of its BitLicense application. In its official statement, Bittrex said it fully disputed the findings of the NYDFS decision. “First, and foremost, we adamantly disagree with NYDFS’ claims and allegations in regard to our anti-money laundering (AML) and compliance practices.…

The creation of the algorithm that made the first black hole image possible was led by MIT grad student Katie Bouman – TechCrunch

The development of the algorithm that made it possible to create the first image ever of a black hole was led by computer scientist Katie Bouman while she was still a graduate student at MIT. Bouman shared a photo on Facebook of herself reacting as the historical picture was processing. The algorithm, which Bouman named…

Democrats draw up bill that would require tech platforms to assess algorithmic bias – TechCrunch

Democratic lawmakers have proposed a bill to address the algorithmic biases lurking under the surface of tech’s biggest platforms. The bill, known as the Algorithmic Accountability Act, was introduced by Senators Ron Wyden (D-OR), Cory Booker (D-NJ) and Representative Yvette Clarke (D-NY) will sponsor parallel legislation in the House. The bill is well timed. Over…