Meta, TikTok and X are challenging Ofcom in court over detailed data requests made under the UK’s Online Safety Act. The companies say the requests are too broad and burdensome, while Ofcom says the data is needed to check whether the rules are protecting users, especially children.
AnaisFormer Anthropic researcher Jacob Coxon warned New York City lawmakers that AI companies are moving too quickly and may not be able to keep advanced systems under control. The hearing also examined 10 proposed AI safety laws, including mandatory third-party checks, human “kill switches” and rewards for whistleblowers.
WeatherlyStrive Holdings bought 2,000 Bitcoin for about $169 million between 28 September and 2 October, taking its total holdings to 29,462 BTC. The purchase was funded mainly through SATA preferred stock and warrant exercises, as Strive continues to build its Bitcoin treasury.
AnaisZachXBT says he used $349,700 to infiltrate a Chinese network allegedly laundering over $1 billion for North Korea’s Lazarus Group. His investigation traced over $12 million in Bybit-linked funds, with Tether freezing $442,000 in USDT.
WeatherlyThe US Treasury has withdrawn two proposed rules covering self-custody wallets and crypto mixers. FinCEN said the move supports the Trump administration’s deregulatory agenda.
AnaisAbstract, the Ethereum layer-2 backed by Pudgy Penguins parent Igloo Inc., will shut down on 15 December 2026 after struggling to sustain growth despite attracting more than 400,000 users and major brands. Users must move their funds before the deadline, as Abstract says assets left on the network will become inaccessible.
AnaisHM Treasury has appointed Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital Markets to help launch the UK’s first digitally native government bond, DIGIT. The pilot is expected in Q1 2027 and will test whether blockchain can support the bond’s issuance, settlement and lifecycle.
WeatherlyConduit has sued Tether over $2.76 million in USDT that it says was frozen without explanation in September 2025. The payments firm claims Brazilian police did not flag its wallet and says the freeze has hurt its business, while seeking the return of the funds and damages.
AnaisMichael Smith was sentenced to 18 months in prison for using thousands of bots and hundreds of thousands of AI-generated songs to create billions of fake streams from 2017 to 2024. The scheme earned him more than $8 million in royalties, with the US Department of Justice calling it the first criminal case involving “super-intelligence-assisted music streaming fraud”.
WeatherlySui has partnered with Alibaba Cloud to let AI agents pay for cloud services per use with USDC settled on the Sui network. Users can set spending limits for agents, while the integration uses x402 to handle automated payments before each service is delivered.
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