Valentino faced criticism after releasing an AI-generated advert for its DeVain handbag, with many calling the visuals unsettling and poorly made. The backlash highlights concerns that using AI in luxury campaigns may reduce human creativity and the brand’s artistic appeal.
AnaisIreland’s media regulator has opened investigations into TikTok and LinkedIn over possible breaches of EU rules on reporting illegal content. The probes focus on whether the platforms make it too hard for users to flag illegal material and meet the Digital Services Act requirements.
AnaisTen major European banks have joined forces to create a euro-backed stablecoin called Qivalis, aiming to launch in the second half of 2026. The token will offer faster, cheaper digital payments and settlements, providing a European alternative to US dollar-backed stablecoins.
WeatherlyTaiwan has charged Tokyo Electron’s local subsidiary over the alleged theft of TSMC’s 2nm chip secrets. Three former and current TSMC engineers are also facing jail terms, while the company could be fined NT$120 million.
AnaisThe US Justice Department has seized a Myanmar-based crypto scam website linked to the Tai Chang compound. The operation targeted investors with fake trading platforms and is part of wider efforts to disrupt international crypto fraud.
WeatherlyThe UK has passed a law recognising cryptocurrencies and digital assets as full property under the law. This gives holders legal rights, allowing easier recovery of stolen assets and inclusion in wills, bankruptcy, and inheritance.
AnaisBinance has introduced Binance Junior, a controlled crypto savings account for children as young as six. Parents manage the accounts, but the launch has raised concerns about exposing minors to digital assets.
WeatherlyTwo former Citadel engineers have launched Fin, a stablecoin-based app for fast and low-cost high-value cross-border payments. The startup has raised 17 million dollars and plans to pilot the service for businesses that regularly transfer large sums internationally.
AnaisA flaw in a MediaTek chip used in many Android phones lets attackers take full control of the device, and it cannot be fixed because it sits in the chip’s hardware. Ledger says this makes storing crypto keys on affected phones unsafe, as the weakness allows attackers to bypass security during startup.
WeatherlyA 21-year-old Ukrainian student in Vienna was tortured and set on fire after attackers forced him to give passwords to his cryptocurrency wallets, which they emptied before his death. Two suspects fled to Ukraine with the stolen crypto and were arrested three days later, highlighting the rising risk of violent attacks on crypto holders.
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