China removed around 14,000 AI products and tightened rules on AI safety and compliance. The crackdown brings stricter oversight as China steps up regulation of the AI industry.
WeatherlyA woman lost a year's savings after scammers used an AI deepfake to impersonate Dubai Crown Prince Sheikh Hamdan and convince her they were in a romantic relationship. The fraud used live video calls and fake royal documents to gain her trust before asking for money, showing how AI is making romance scams more convincing.
AnaisNearly one million investors lost $3.81 billion on President Donald Trump's $TRUMP memecoin, while Trump earned about $636 million from the project. Most losses fell on retail investors, while early buyers made around $4 billion in profits.
WeatherlyHackers are hijacking real Discord accounts to spread fake MrBeast giveaways and cryptocurrency scams. The same tactic is spreading on Threads, using fake MrBeast posts to lure victims to scam websites.
WeatherlyYield Guild Games is shutting down YGG Play and cutting 35 jobs after weak crypto and gaming markets made the business unsustainable. The company will close its games and platform by 1 August as it shifts its focus to AI training data.
AnaisAnthropic removed a hidden tracking feature from Claude Code after a researcher found it was quietly identifying some users through hidden system prompts. The company said it was an experiment to stop misuse and model copying, but the discovery sparked concerns over privacy and trust.
AnaisGemini has launched 0% commission stock trading for users in most US states, adding equities to its crypto app as it expands into broader financial services. The company says the move supports its goal of becoming an all-in-one financial platform, with Apex handling trade clearing and Nasdaq providing market data.
WeatherlyMicrosoft has started using more of its own MAI AI models in Excel and Outlook instead of relying as heavily on OpenAI and Anthropic to reduce rising AI costs. The move is part of a wider effort to lower spending while continuing to expand its own AI technology.
AnaisAustralian crypto exchange Swyftx has secured an Australian Financial Services Licence, allowing it to offer crypto derivatives and payment services under financial regulations.
WeatherlyKraken is seeking a full European banking licence in Lithuania, which would make it the first crypto exchange to hold one if approved. The move would allow the company to expand beyond crypto trading into banking services across Europe.
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