Altitude launches public collateral-optimized lending platform

Altitude, a DeFi lending platform, has opened its collateral-optimized lending service to the public following an eight-month private beta phase, based on information disclosed to Finbold on Friday, June 13. The platform enables automated strategies for efficient collateral management in lending and borrowing activities. During the beta testing period, Altitude attracted over $5 million in…

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Cynthia Lummis Proposes Artificial Intelligence Bill, Requiring AI Firms to Disclose Technicals

Senator Cynthia Lummis (R-WY) has introduced the Responsible Innovation and Safe Expertise (RISE) Act of 2025, a legislative proposal designed to clarify liability frameworks for artificial intelligence (AI) used by professionals. The bill could bring transparency from AI developers – stoping short of requiring models to be open source. In a press release, Lummis said…

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