China opened a digital yuan operations hub in Shanghai to oversee cross-border payments and blockchain platforms. The centre launched new systems for cross-border transactions, blockchain services, and digital assets.
WeatherlyHwang Jung-eum was given a suspended two-year prison sentence after embezzling 4.34 billion won from her own company to invest in cryptocurrency. She has fully repaid the money, and the court considered her a first-time offender when handing down the sentence.
AnaisCloudflare announced a US dollar-backed stablecoin called NET Dollar to enable instant payments for AI-driven services and global online transactions. The company plans to use it for automated micro-payments and cross-border settlements, but has not given a launch date.
AnaisElon Musk’s company xAI has sued OpenAI, claiming it stole trade secrets by poaching engineers and taking confidential code and techniques. xAI is seeking damages and orders to remove the stolen materials, while the case highlights a legal battle over employee recruitment and intellectual property.
WeatherlyCanada’s regulator FINTRAC has fined crypto exchange KuCoin \$14 million for failing to register properly and not reporting nearly 3,000 large transactions between 2021 and 2024. KuCoin disputes the fine and has appealed, while continuing to expand internationally, including a new partnership in Thailand for a blockchain-based bond program.
WeatherlyThe company will change its name to Bitcoin Japan Corporation on 11 November 2025. It is launching a Bitcoin treasury business and plans to expand into related financial services.
WeatherlyTwo brothers held a Minnesota family hostage for nine hours, forcing the father to transfer $8 million in cryptocurrency to the attackers. They were later arrested in Texas and now face federal and state charges, but the stolen crypto has not been recovered.
AnaisOpenAI has launched its biggest ChatGPT campaign, showing how people use the chatbot in daily life across TV, streaming, outdoor and social media in the US, UK and Ireland. The ads feature real-life moments like cooking, fitness and trip planning, aiming to make ChatGPT feel personal and relatable.
AnaisSingapore Police have introduced an AI chatbot, R-COP, to help the public file reports more accurately and reduce follow-up calls. The system guides users through questions, creates a draft report in formal language, and will be available at kiosks across seven police divisions.
WeatherlyMeta has launched a paid option in the UK allowing users to remove ads from Facebook and Instagram. The subscription is available on web and mobile, giving users a choice between ad-free access or the free, ad-supported version.
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