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Share link:In this post: Italy’s antitrust watchdog (AGCM) is investigating Meta for integrating its AI assistant into WhatsApp without user consent. The regulator suspects the tech firm abused its dominant position by forcing users toward its AI, potentially harming competitors. AGCM warns that this integration may limit consumer choice and distort market competition under EU law.
Share link:In this post: Telegram banned Huione Guarantee and Xinbi Guarantee after a $35B scam crackdown, but operations quickly shifted to Tudou Guarantee. TRM Labs and Elliptic revealed Huione vendors migrated to alternate platforms, with Tudou seeing a 70x surge in daily transactions. Despite US sanctions and enforcement, Huione Pay, USDH stablecoin, and affiliated services continue operating under new Telegram identities.
Share link:In this post: The Federal Reserve kept interest rates steady at 4.25% to 4.5%, delaying any cuts until at least September. Trump criticized the Fed’s decision, blaming tariffs for rising costs and demanding lower rates. Borrowers face high rates on credit cards, mortgages, car loans, and student loans, with no relief in sight.
Share link:In this post: Polygon Labs confirmed its network remained active despite Polygonscan showing no new blocks for over an hour. The issue was caused by a display glitch during a backend update on Polygonscan, not an actual network outage. The incident sparked renewed concerns about overreliance on third-party tools like explorers and RPC providers.
Share link:In this post: Powell said the Fed has made no decision on a September rate cut. Stocks dropped after his comment signaled no immediate policy shift. Bowman and Waller opposed holding rates, marking rare dissent.
- 00:48The European Central Bank selects AI startups to prevent digital euro fraud.Jinse Finance reported that the European Central Bank announced on Thursday that it has selected a Portuguese AI-focused startup to help prevent fraud in its planned digital euro. The contract with Feedzai is valued at up to 237.3 million euros (approximately 278.7 million US dollars), and is one of several contracts announced by the European Central Bank on Thursday, aimed at advancing what it considers a key project to ensure the eurozone's financial autonomy and reduce dependence on the United States.
- 00:47Nasdaq-listed company Bitcoin Depot acquires National Bitcoin ATMChainCatcher news, according to Globenewswire, Bitcoin Depot announced the acquisition of Westcliff Technologies (operating under the National Bitcoin ATM brand name). The specific acquisition amount has not been disclosed. After the transaction is completed, the Bitcoin Depot network will add 500 Bitcoin self-service terminal devices, expanding its Bitcoin ATM business coverage to 27 states in the United States.
- 00:32Lisk launches $15 million Web3 venture capital fund Lisk EMpower FundChainCatcher reported that Ethereum Layer2 network Lisk has announced the launch of the Lisk EMpower Fund, a venture capital fund with a scale of 15 million USD. The fund will focus on investing in Web3 startups, with an emphasis on infrastructure and applications that address real-world issues in payments, remittances, identity, and supply chains in emerging markets.