Tesla will sharply increase spending to fund AI, robotaxis and robotics, with higher costs expected to hit cash flow. It reported a surprise cash surplus in the first quarter, but investor sentiment weakened after the outlook.
WeatherlyRussia has passed the first reading of a bill to regulate crypto under strict state control, allowing trading only through licensed platforms and banning everyday use. It sets tight limits for retail investors and approved tokens, with criminal penalties still under review.
AnaisPornhub has replaced USDT with USDC for creator payouts, asking users to update payment details by June 2026. The platform says the change is to improve reliability and meet stricter regulatory requirements, as USDC is seen as more compliant than USDT.
AnaisA US soldier is accused of using classified information about a secret mission to bet on a prediction market, making over $400,000 from about $33,000. He now faces multiple criminal charges, as authorities say insider trading laws apply even to crypto betting platforms.
AnaisMeta is cutting about 8,000 jobs and closing thousands of open roles as it shifts spending heavily into AI. Microsoft is offering voluntary buyouts to thousands of US staff while both companies cut costs amid rising AI investment.
AnaisYouTube is giving celebrities access to a tool that detects and flags AI deepfake videos using their likeness, allowing them to request removal. The move comes as realistic AI videos spread quickly online, raising concerns over misuse, misinformation, and damage to reputations.
AnaisRobinhood has received in-principle approval from Singapore’s MAS to move closer to offering brokerage services, including trading, custody and investment products. It still needs to meet regulatory conditions before it can officially launch in the country.
WeatherlyKuCoin has launched its KuCard in Australia, letting users spend crypto directly at Mastercard merchants with automatic conversion to fiat at checkout. The service, built with Immersve, supports USDC and 37 trading pairs and works with Apple Pay and Google Pay for everyday payments.
AnaisScallop lost about 150,000 SUI after an attacker exploited an old rewards contract, while the main protocol and user funds were not affected. The bug let the attacker inflate rewards and drain the pool, showing risks from unused code still active on-chain.
WeatherlyEvan Tangeman was jailed for 70 months for helping launder money from a $263 million crypto theft ring. He worked with a group linked to Singapore figure Malone Lam, turning stolen crypto into cash and luxury goods.
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