Google’s AI Mode risks Reddit’s traffic by delivering direct answers from Reddit content without clicks, contributing to a 15% stock drop and user volatility. Reddit’s “Reddit Answers” aims to boost on-site search and retain users amidst rising AI competition.
CatherineCoinbase is being sued by investors for not telling them sooner about a major data breach and a fine from UK regulators. The breach exposed personal user data, causing the company’s shares to drop and leading to multiple legal actions.
AnaisFlorida has proposed a law to remove capital gains tax on Bitcoin and other assets, aiming to attract more investors and boost cryptocurrency use. If passed, this could lead other US states to follow suit and encourage clearer national rules on crypto taxes.
AnaisElon Musk says X Money will launch soon in a “very limited access” beta, adding a digital wallet for storing funds and peer-to-peer payments. While it moves X closer to becoming an “everything app,” the lack of crypto—despite Musk’s support—raises questions about its broader appeal.
CatherineSBF’s release is now set four years earlier than his original 25-year sentence. FTX executives Ryan Salame and Caroline Ellison also received sentence reductions for good behaviour.
KikyoDubai has launched its first government-backed platform, Prypco Mint, allowing people to buy small shares in property using blockchain. The system links directly to official land records and aims to make real estate investment easier and more secure.
WeatherlyOpenAI is opening its first Seoul office to meet rising demand for ChatGPT in South Korea, hiring local talent and strengthening strategic partnerships — most notably, a collaboration with Korean tech giant Kakao.
CatherineCriminals are increasingly using kidnapping and violence to steal cryptocurrency, targeting people instead of systems. As cyber defences improve, attackers are turning to physical threats—including torture—to force victims to give up access to their funds.
AnaisAir Arabia now accepts AE Coin, a UAE-regulated stablecoin pegged to the dirham, for flight bookings, reflecting its push for innovation and alignment with the UAE’s digital finance evolution.
KikyoCircle has denied rumours it is being sold to Ripple or Coinbase, saying it is not for sale. The company is continuing with its IPO plans and wants to grow on its own.
Weatherly