A U.S. court dismissed Michael Lewellen’s lawsuit seeking legal protection for his non-custodial crypto software, Pharos, from money transmitter laws. The judge said Lewellen had not shown a real threat of prosecution, leaving the case open to be filed again in the future.
WeatherlyOpenAI has paused its plans for an adult “erotic” mode in ChatGPT, citing safety concerns and technical challenges with age verification. The company is now focusing on its main products and cutting less critical projects amid growing competition and financial pressure.
AnaisThe UK has sanctioned the operator of Cambodia’s largest scam compound, #8 Park, and a major crypto marketplace, Xinbi, for their role in human trafficking and online fraud. These measures freeze linked assets and aim to disrupt the networks that steal personal data and defraud people in the UK and globally.
WeatherlyBrazil has passed a law allowing authorities to seize cryptocurrency and other digital assets from organised crime and use them to fund public security. Judges can freeze accounts, block wallets, and redirect funds without waiting for a conviction.
AnaisCoinbase and Better Home are launching a mortgage that lets buyers use Bitcoin or USDC as collateral for their down payment without selling their crypto. The mortgage is backed by Fannie Mae, keeps standard terms, and only risks the crypto if payments are missed for 60 days.
WeatherlyElon Musk’s X has hired Benji Taylor, a designer with extensive crypto experience, as its new head of design. Taylor previously led product and design at Aave Labs and Coinbase’s Base, bringing deep expertise in crypto and financial products to X.
AnaisOnePay, backed by Walmart, has added over a dozen crypto tokens including Bitcoin, Ethereum, Solana, Polygon, Arbitrum, Cardano, Bitcoin Cash, and PAX Gold to its app, aiming to make digital assets easy for everyday customers.
WeatherlyMac users are being targeted by fake Cloudflare CAPTCHA pages that trick them into running commands which install the Infiniti Stealer malware. The malware quietly steals crypto wallets, browser passwords, and other sensitive data without any visible signs.
AnaisVietnam police arrested several people, including Vuong Le Vinh Nhan, over a crypto scam linked to the ONUS platform. They are accused of using fake tokens and price manipulation to take billions of dollars from investors.
WeatherlyThe White House released a new app that collects users’ location, personal data, and device information. Security experts warn the app could track phones every few minutes and may have weak protections, raising privacy concerns.
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