ByteDance and Alibaba to Pull Agent Features as China Cracks Down on Humanlike AI
Beijing’s first rules targeting emotional AI are forcing the country’s biggest apps to shut down custom agents. Source: decrypt.co Read Full Story
Bitcoin
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UK Foreign Secretary Warns of ‘AI Hiroshima’ if Policymakers Don’t Act
Yvette Cooper said governments must agree on AI safeguards before frontier systems transform warfare, crime, and society. Source: decrypt.co Read Full Story
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Bitcoin nears $63.5K into weekly close as trader warns of ‘terrible’ Monday
Bitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an “absolutely terrible” Monday track record. Source: cointelegraph.com Read Full Story
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Funds are buying crypto stocks. Are they exposed to less risk — or more?
Cathie Wood’s ARK Invest bought roughly $77 million of crypto stocks in June, adding $44 million of Coinbase (COIN), $25.25 million of Circle (CRCL), and $8.2 million of Bullish (BLSH) during Bitcoin’s worst month in four years, according to ARK’s daily trade disclosures. The purchases extend a thesis both Wood and other funds have held…
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Tokenization’s next use case is personalized portfolios, NYLIM executive says
Thomas Sy, head of multi-asset solutions at the $800-million asset manager, says blockchain can enable complex portfolio construction that’s not yet possible in traditional finance. Source: www.coindesk.com Read Full Story
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The World Cup sends prediction market volumes soaring to record highs
Trading volumes on Kalshi and Polymarket both hit record highs in June. Rothera, a new prediction market platform, was also able to manage $2 billion in volume. Source: www.cnbc.com Read Full Story
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Claude Fable 5 Isn’t Nerfed. The Router Is Just Paranoid
Did Claude Fable 5 get dumber? Two benchmarks, two wildly different conclusions—and one routing layer that explains the whole mess. Source: decrypt.co Read Full Story
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Trump Could Pardon Diddy: Is There a Chance for Sam Bankman-Fried?
President Donald Trump is privately weighing clemency for Sean “Diddy” Combs while Sam Bankman-Fried (SBF) remains shut out. The SBF pardon application sits untouched even as Trump signed six emissions-related pardons on Friday. Sources say a Friday White House meeting focused on Clean Air Act cases only. High-profile requests remain under private discussion. Diddy Clemency…
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OpenAI Offers US Government a $42 Billion Slice of Itself: Report
Sam Altman is pitching a 5% equity stake in OpenAI for the U.S. government—and reportedly wants every major AI company to do the same. Source: decrypt.co Read Full Story
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How tokenized stocks fail as collateral even when the stock price does not move
DeFi lending protocol Edel disclosed a $403,000 exploit that hit the layer where tokenized stocks are trying to become DeFi collateral. Edel said no depositor would bear losses, and the team would absorb the bad debt, restore affected balances one-to-one, and rebuild the protocol’s oracle architecture for a version two release. The attack manipulated the…
