Who Is Behind the Letter? Court Probes Mystery Filing in FTX’s Sam Bankman-Fried Retrial Fight
Prosecutors doubt the authenticity of Sam Bankman-Fried’s prison letter. A judge has ordered him to clarify who prepared his filings.
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Explosions have been heard in southern Iran; the exact cause is still unclear.
08/05 03:17
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US Senator Questions MrBeast Over Teen Crypto Risks After Step Banking App Acquisition
Senator Warren questioned MrBeast over Step’s acquisition and possible teen crypto exposure. She asked how the company will protect young users from financial risks.
WeatherlyCircle Urges Regulators to Ease Rules and Fast-Track Stablecoin Reforms to Keep Europe Competitive With U.S.
Circle has asked the European Commission to lower barriers for crypto firms and make euro stablecoins like EURC easier to use in financial markets. The company wants rules on e-money tokens and blockchain settlement updated so more institutions can participate and liquidity can grow.
AnaisKalshi and Polymarket Take Action Against Insider Trading as Senators Push for Stricter Prediction Market Laws
Kalshi and Polymarket have introduced new rules and monitoring tools to stop insider trading and market manipulation on their platforms. These changes come as lawmakers and regulators increase scrutiny, especially around political and sports-related markets.
WeatherlyEurope Meets US Tech CEOs Including Google, Meta, OpenAI and Amazon to Review AI Power and Fair Competition
EU antitrust chief Teresa Ribera is meeting major tech CEOs to examine how Big Tech controls AI tools and infrastructure. EU lawmakers are also rejecting US pressure to weaken their digital rules.
AnaisOpenAI Closes Sora After Viral Launch, Cancels $1 Billion Disney Character Licensing Deal
OpenAI is shutting down its AI video platform Sora, ending its social app and API while keeping AI image generation in ChatGPT. The move also cancels a planned $1 billion Disney partnership that would have allowed users to make videos with licensed characters.
WeatherlyUS CFTC Sets Up Innovation Task Force to Guide Crypto, AI and Prediction Markets Regulation and Reduce Legal Risks
The U.S. Commodity Futures Trading Commission has launched an Innovation Task Force to create clearer rules for crypto, AI, and prediction markets. The move, aligned with efforts by the U.S. Securities and Exchange Commission, aims to reduce uncertainty and help firms operate more easily in the US.
AnaisRipple Tests RLUSD Stablecoin in Singapore Sandbox to Automate Cross-Border Trade Payments
Ripple is testing its RLUSD stablecoin in Singapore’s MAS BLOOM sandbox to automate cross-border trade payments. The pilot with Unloq aims to replace slow manual processes with programmable payments on the XRP Ledger.
AnaisElon Musk Pauses X New Payment System After Warnings It Could Cut Earnings for Non-US Creators
Elon Musk paused X’s creator payment changes after global creators warned it would cut earnings for English-language accounts. The current payment system will stay while X reconsiders the update.
AnaisPump.fun Moves to Curb Fee Manipulation With New Rule as Trading Losses Dominate Meme Coin Activity
Pump.fun now allows only one post-launch fee change to reduce manipulation. Most users are still losing money, as trading activity and revenue decline.
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