Crypto News Digest - Quick-read versions of cryptocurrency updates
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Microsoft values its OpenAI stake at $135 billion amid legal scrutiny over Azure’s alleged monopolization. The partnership allows OpenAI to work with third-party developers and pursue AGI independently. #Update #Legal
1X launches NEO, a humanoid robot for home chores and assistance, amid rising competition in the robotics industry. Available via subscription or purchase. #Update #Tech
Hacker News users criticize forced AI integrations disrupting workflows, highlighting user burnout as a potential brake on the AI gold rush. #Update #Tech
Microsoft AI Chief Mustafa Suleyman confirms Microsoft will not develop sex robots, contrasting with rivals like OpenAI exploring adult AI. #Update #Tech
Trump Media partners with @CryptoCom to launch Truth Predict, a prediction market platform. This follows Crypto.com’s regulatory setback in Nevada. #Update #Crypto
Bitcoin’s open interest nears $40B as traders anticipate a Fed rate cut, with Myriad predicting a 92.6% chance of a quarter-point reduction this week. #Update #Crypto $BTC
Kalshi sues New York regulators after receiving a cease-and-desist letter, challenging the state’s classification of sports prediction markets as illegal gambling. #Breaking #Legal
Gate transitions to a full Web3 operating system, launching Gate Vault, Perp DEX, tokenized stocks, and Gate Travel for 42 million users. #Update #Crypto
Ohio’s House Bill 469 seeks to outlaw human-AI marriages, denying legal personhood to AI systems and holding companies accountable for AI-related harm. #Update #Legal
ETHZilla shares surged 14% after Dimitri Semenikhin’s investment and a $40M ETH sale to repurchase shares, boosting value amid a buyback program. Finance