A British MP, Jess Asato, has sued @xAI over unauthorized sexualized deepfakes, potentially establishing AI developers’ liability for generated content. The case emphasizes the need for stronger protective measures in AI. #Breaking #Legal $XRP
Polymarket’s contract on @MicroStrategy selling Bitcoin by May 31 resolved to “No,” despite a later disclosure of 32 BTC sold, raising concerns over the token-weighted voting system. #Update #Crypto $BTC
@FGNexus has sold an additional 10,000 $ETH, raising total losses to over $100 million as the firm continues to reduce its exposure. #Update #Crypto $ETH
@Moomoo partners with @Kalshi to offer CFTC-regulated event contracts for trading on economic, political, and cultural outcomes, expanding access to prediction markets. #Update #Crypto
Arthur Hayes, co-founder of @BitMEX, exits positions in Hyperliquid’s HYPE and $NEAR, citing macro factors affecting risk assets until Q3 2026. #Update #Crypto $NEAR
The DOJ, @Meta, and partners disrupted 1.4M scam accounts and froze $3.8M in stolen crypto during operations targeting Southeast Asia fraud networks. #Breaking #Legal @Meta
Coinbase launches a perpetual futures product for pre-IPO companies, starting with SpaceX, allowing 24/7 USDC-settled trading outside the U.S. #Update #Crypto
@JPMorgan warns that the U.S. Clarity Act faces limited passage chances before midterms, with unresolved stablecoin yield debates hindering progress on crypto market structure reform. #Update #Crypto $USDT
U.S. Treasury Secretary Scott Bessent supports the CLARITY Act, aiming for Senate approval by summer’s end, and updates on the strategic Bitcoin reserve integrating confiscated assets. #Update #Crypto $BTC
BitMine aims to raise $300M via preferred shares for its ETH treasury, offering a 9.50% annual dividend; ETH staking is the primary revenue source. Crypto $ETH
Arthur Hayes forecasts $WLD could rise to $5 by August amid AI IPO wave, citing short-heavy setup and Eightco’s potential balance-sheet bid. #Update #Crypto $WLD
@Midnite becomes Wolves’ front-of-shirt sponsor for 2026/27, replacing DEBET, as Premier League gambling ban looms. Relegation allowed the deal; ends if Wolves return to top flight. #Update #Sports
@Revolut plans to launch a U.S. bank offering FDIC-insured accounts and stablecoin trading, as the Bank of England predicts declining stablecoin popularity amid regulatory developments like the GENIUS Act. #Update #Crypto $USDC
XRP experiences further decline as Bitcoin weakness impacts the broader crypto market. $XRP #Update #Crypto
