Reddit Moons Experience 130% Surge Amidst Community Plans for Token

Reddit administrators are taking a step towards decentralisation by "renouncing the Moons contract" and concurrently initiating a token burn to reduce the overall supply.

Reddit Discontinues Blockchain-Based Community Points

The prices of related tokens like MOON, BRICK, and DONUT have taken a hit.

Reddit's 'Community Points' to be Phased Out in November

Reddit to phase out Community Points — The blockchain-based program that was designed to reward creators and developers on the platform.

Reddit Discontinues Community Points Due to Scaling Challenges and High Ethereum Fees

Reddit has announced the discontinuation of its blockchain-based rewards initiative, Community Points. The decision, outlined by Tim Rathschmidt, Reddit's director of consumer and product communications, comes as a response to the escalating challenges in scaling the program, exacerbated by evolving regulatory conditions.

South Korea’s Parliament to Greenlight Tokenised Securities Bill, Giving Domestic Firms Legal Path to Launch Tokens

As President Lee Jae-myung takes office, South Korea is moving toward legalising tokenised securities, with bipartisan support behind legislation that could soon enable STOs tied to real estate, art, and other assets.

Uber May Soon Accept Crypto for Rides and Deliveries as CEO Calls Stablecoins “Quite Promising”

Uber’s CEO Dara Khosrowshahi said the company is exploring stablecoins to make international money transfers cheaper and easier. Although still in early research with no set plans, Uber sees stablecoins as a practical option for its global payments.

Meta Oversight Board Blasts Company’s Failures in Addressing Viral Deepfake of Retired Brazilian Footballer Ronaldo Nazário

Meta’s Oversight Board criticised the company for not removing a deepfake ad of Brazilian footballer Ronaldo Nazário, highlighting weak enforcement of anti-fraud rules. The ad promoted a misleading online game, raising concerns about Meta’s inconsistent handling of AI-generated fraud.

India Chosen as First Global Launchpad for OpenAI Academy to Bring AI Education to Millions With Free Courses, Workshops and Developer Grants

OpenAI has launched its first international AI learning platform in India in partnership with the government’s IndiaAI Mission. The programme offers free training, events, and resources to help students, teachers, developers, and public servants learn to use AI.

Deleted Chats No Longer Private? OpenAI Fights Back as Court Demands to Retain All User Chats in Legal Clash With The New York Times

A US court has ordered OpenAI to keep all user chats, including deleted ones, for a legal case brought by The New York Times. OpenAI is fighting the order, saying it breaks user privacy rules and could damage public trust.

AB Anywhere: $AB now Live on Binance, Ushering in a New Era of Cross-Chain Asset Mobility

On June 7, 2025 at 14:00 (UTC+8), AB DAO announced that its native token $AB is now officially trading on Binance Alpha—Binance’s early-access, exclusive listing platform.

AB 无处不在：$AB 上线币安，开启全链资产全球流通新纪元

AB Anywhere: Why List on Binance Alpha?

On June 7, 2025, AB DAO announced that its native token $AB officially began trading on Binance Alpha—Binance’s early-access, exclusive listing platform.

AB无处不在：为什么上线币安 Alpha？

2025年6月7日，AB DAO 宣布其原生代币 $AB 在全球顶级加密资产交易平台币安 Alpha（币安早期接入与独家挂牌平台）正式上线交易。详见币安官方公告： https://x.com/binance/status/1931229650543583317

Future of DeFi Takes Center Stage at SEC's 9 June Crypto Roundtable, Broadcast Live on the Internet to the Public

On 9 June, the SEC will host a roundtable to explore how DeFi aligns with current regulations, focusing on tokenisation, custody, and market integrity. The event aims to balance innovation with compliance, with input from the public and industry leaders like SegMint and BlackRock.