EU lawmakers agree provisional deal on simplified AI rules
European lawmakers have agreed to revise the AI Act with delayed rollout timelines, lighter business obligations, and stronger child protections.
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Poland's PM revives crypto reform after Zondacrypto fallout
Poland is eyeing a stricter crypto bill after the Zondacrypto exchange fraud and money laundering allegations sparked user withdrawal concerns nationwide
Crypto might be dead
The 2024-25 crypto landscape reveals a shift towards practical utility, as speculation fades and real value emerges in the blockchain space.
Google supports India's Aadhaar; KPMG backs farmers' digital ID
Google Wallet now supports Aadhaar Verifiable Credentials, enhancing ID verification in India, while KPMG enhances digital payments for Indian farmers.
Apple to pay $250M to US iPhone buyers over AI lawsuit
Apple agrees to pay $250M to settle a class-action lawsuit over misleading AI features in the iPhone 15 and 16, affecting millions of U.S. buyers.
South Korea shifts from crypto to stocks and stablecoins
South Koreans cut crypto holdings by half as investors shift to stocks and dollar-backed stablecoins amid market uncertainty.
Coinbase loses $400 million, 1.5 million customers and 14% of staff
Coinbase faces a $394M loss as memecoin traders exit, AI-driven layoffs grow, and USDC revenue faces mounting pressure.
Japan firms back AI as China guards workers' rights
A recent survey shows AI is becoming essential for Japanese businesses, while China pushes AI growth alongside protections for workers in its transition.
BTC mining metrics improve, but not enough to halt the AI pivot
BTC mining profits remain under pressure as major miners pivot to AI data centers, dump token reserves, and scale back mining operations.
Academy Awards bans AI performances from Oscars eligibility
The Academy restricts AI-generated performances and screenplays from Oscar eligibility, emphasizing human creativity in filmmaking.