Cryptocurrency

In brief Aave’s token surged 20% as Congress advanced the GENIUS Act, a bill that could bring regulatory clarity to stablecoins. The protocol, which supports lending and borrowing of major stablecoins, recently surpassed $25B in Total Value Locked. AAVE is up over 90% in 30 days, outperforming major altcoins and the broader crypto market. The […]

In brief Kevin O’Leary criticized Senator Elizabeth Warren for tying the GENIUS Act to President Donald Trump’s crypto ties, calling her stance “un-American.” The GENIUS Act, which would regulate stablecoins, advanced in the Senate on Monday after key Democrats backed a revised draft. Warren warned the bill could enable the President to profit from USD1,

In brief Bitcoin ETFs saw their best day of trading since May 2 on Monday. Fidelity’s Wise Origin Bitcoin Fund and the ARK 21Shares Bitcoin ETF accounted for more than half of inflows into BTC ETFs. BlackRock’s iShares Bitcoin Trust continues to dominate as the single biggest player in the market, pulling in $305.9 million

In brief Binance has asked a Delaware bankruptcy judge to dismiss FTX’s $1.76B clawback lawsuit, calling it legally flawed and unsupported by facts. The exchange contends that FTX’s downfall was the result of massive fraud orchestrated by its own leadership, not Binance’s actions. Binance also says the court lacks jurisdiction over its foreign entities and

In brief South Korean actor Hwang Jung-eum admitted in court to embezzling $3.1M (₩4.34B) from her agency to invest in crypto. SBS Plus channel removed her segments from the final episode of Because I’m Single following backlash. Advertisers like Daesang Wellife Nucare have pulled her campaign content after the scandal broke. South Korean actor Hwang

In brief The U.S. Screen Actors Guild has urged the U.S. National Labor Relations Board to act after Epic replaced Fortnite voice actors with AI without bargaining. The charge come days after an AI Darth Vader was at the center of controversy over racial slurs and profanity in Fortnite. The complaint highlights the guild’s ongoing

In brief Genesis has filed two lawsuits accusing DCG and key executives of orchestrating fraudulent transfers and misleading creditors as it neared collapse. The complaints accuse DCG of using Genesis as a corporate “alter ego” to enrich affiliates and conceal mounting losses from creditors. The lawsuits seek over $3.1B, including a $1.1B promissory note and

In brief The law mandates a 48-hour takedown of explicit images by tech platforms. First Lady Melania Trump called the law a “national victory” in the fight to protect children. Deepfake and revenge porn victims will now be federally protected under U.S. law. President Donald Trump on Monday signed into law the bipartisan Take It

Against all odds, the Senate’s stablecoin bill has regained political momentum, passing a key procedural vote Monday evening that has set the legislation on track for passage within days.  Less than two weeks ago, the bill, dubbed the GENIUS Act, failed to pass the same procedural cloture vote—which ends debate on a measure and advances

In brief Spain is embracing AI in filmmaking, debuting its first fully AI-generated feature, The Great Reset, at the 2025 Berlin Film Festival. New legislation aligns with the EU AI Act, mandating clear labelling of AI-generated content and imposing fines for misuse. Spanish-developed tools like Magnific are already in use in Hollywood, signaling broader adoption