Movement Labs has filed for Chapter 11 bankruptcy in the US after its MOVE token launch controversy and recovery efforts failed to restore confidence. The MOVE token has fallen about 99% from its peak, while the company continues restructuring under court supervision.
AnaisMeta is facing a lawsuit from 26 employees who claim its AI-assisted systems unfairly selected workers on medical, parental and disability leave for layoffs. A US judge allowed the layoffs to continue while the legal case moves forward, as Meta denies AI made the final employment decisions.
WeatherlyElon Musk says Grok Imagine will create a full-length AI version of *The Odyssey* before the end of 2026 after criticising Christopher Nolan's adaptation. Christopher Nolan's film has already become a box office hit, earning US$264 million worldwide in its opening weekend.
AnaisTelegram will launch a native non-custodial Gram wallet across its app, giving more than one billion users instant, zero-fee crypto transfers while keeping full control of their own funds.
WeatherlyPakistan's Federal Investigation Agency has created a dedicated cryptocurrency investigation unit to investigate money laundering, terrorism financing and other crimes involving digital assets. The unit operates under the National Command and Control Centre, while the Pakistan Virtual Assets Regulatory Authority remains responsible for regulating the crypto sector.
AnaisCoinbase plans to bring its Everything Exchange to Canada, giving users one app to trade crypto, stocks, ETFs and prediction markets. The company is working with regulators, while tokenized stocks are expected first and a Canadian dollar stablecoin will depend on rules expected in 2027.
AnaisPolymarket will challenge France in court after the country blocked access to its website despite the platform saying it stopped serving French traders in November 2024.
WeatherlyThe SEC agreed to pay Coinbase $150,000 to settle a lawsuit over internal records. The case followed the deletion of former SEC Chair Gary Gensler's official text messages and prompted changes to record-retention policies.
AnaisBitMEX will shut down on 23 September 2026 after its owner decided to close the exchange following a strategic review. Users have until the closure to withdraw funds, while trading restrictions will begin on 26 August before the platform winds down.
WeatherlyCircle signed separate partnerships with Kakao Group and Toss Bank to explore stablecoin payments, cross-border transfers and blockchain-based financial services in South Korea.
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