Musician Jonathan Mann sold 3,700 songs as NFTs and earned around $3 million in crypto, but its value crashed soon after. He ended up owing over $1 million in taxes and sold a rare NFT to pay the bill, yet he keeps creating new songs daily.
AnaisCEO Brian Armstrong credited a machine learning overhaul for sharply reducing unnecessary account restrictions by better distinguishing legitimate activity from threats.
KikyoGetty Images is suing Stability AI in London for using millions of copyrighted photos without permission to train its image-generation system. The court’s decision could change rules on how AI companies use creative content and affect copyright laws worldwide.
WeatherlyAI is swiftly replacing white-collar jobs, with tens of thousands cut in 2025 alone. Up to 80% of tasks may soon be automated, and experts warn AGI could trigger mass unemployment across all sectors.
CatherineChinese tech companies disabled AI image recognition features during the gaokao exam from 7 to 10 June to stop cheating. Platforms like Qwen, Yuanbao, Kimi, and Doubao paused services to follow rules and protect exam fairness.
WeatherlyRipple has partnered with Web3 Salon to support Japanese startups building on the XRP Ledger. The programme offers up to $200,000 in funding, mentoring, and events to boost XRPL use in Japan.
AnaisFollowing an 18-month probe, Australian authorities charged four people in a suspected $123 million laundering scheme that used a Gold Coast security firm to funnel funds into crypto. Police seized $13 million in assets, including property and vehicles, across two states.
CatherineFrom 2020 to 2024, Malaysia lost over $100 million in power due to unauthorised crypto mining. This illegal activity, combined with weak regulations, has hindered the country from benefiting fully from the crypto mining industry.
KikyoParaguay’s president’s X account was hacked, and a fake post falsely claimed the country had made Bitcoin legal tender. The government quickly denied the claim, launched an investigation, and is working with X to restore security.
AnaisKenya’s proposed 1.5% crypto tax risks undermining its fintech leadership, potentially driving startups and talent abroad and slowing Africa’s digital integration.
Catherine