Meta Invests $14 Billion in Scale AI to ‘Deepen’ its Work on Superintelligence
The deal values data-labeling startup Scale AI at $29 billion, as Meta aims to catch up with rivals such as OpenAI and Google. Source link
DeFi
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GameStop shares tank 22% after boosting raise to $2.25B for Bitcoin strategy
GameStop boosts its convertible note offering to $2.25 billion, fueling its Bitcoin treasury strategy and raising speculation about future crypto investments. Video game and consumer...
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KuCoin expands into Thailand with SEC-approved exchange
KuCoin enters the Thai market with a fully licensed exchange after acquiring ERX, Thailand’s first SEC-supervised digital token platform. Cryptocurrency exchange KuCoin has launched a...
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Shopify launches early access to USDC stablecoin payments on Base
Shopify is rolling out USDC payments via Coinbase’s Base network, offering cashback perks and expanding crypto checkout options through Shopify Payments. Global e-commerce giant Shopify...
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Huione darknet humming at ‘full capacity’ despite shutdown
Despite repeated attempts to stamp out the crypto-crime-linked Huione, Chainalysis says there’s been no meaningful decline in transactions. Major darknet marketplace Huione is reportedly still...
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Thai Police Arrest Chinese Suspect in $6.1 Million Bitcoin Fraud Case
Two Chinese victims lost their Bitcoin after a business meeting in Mae Sai district, transferring funds in two separate transactions. Source link
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My Big Coin execs to pay nearly $26M in fines to CTFC
The CFTC said that My Big Coin investors might not get their money back as the alleged operators “may not have sufficient funds or assets.”...
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Coinbase Launches Bitcoin Rewards Card to Drive Subscriber Growth
Coinbase has launched a Bitcoin rewards credit card, with possible plans to support multiple tokens over time, Decrypt was told. Source link
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Bitcoin slides to $103K as Israel launches airstrikes on Iran
Jan3 founder Samson Mow tells GameStop CEO, “This is where you buy” as Bitcoin’s price tumbled after Israel launched a series of airstrikes on Iran....
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Barbie, Hot Wheels Toy Maker to Use OpenAI Tech to Boost Productivity
Mattel will retain full control of its brands while using AI to develop new products, with the first launch expected later this year. Source link
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Czech government hit with no-confidence vote over $45M Bitcoin scandal
Czech Justice Minister Pavel Blazek resigned last month after the Justice Ministry auctioned off nearly 500 Bitcoin it received from a convicted online drug trafficker....
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SEC axes Biden-era proposed crypto rules in flurry of repeals
The SEC has withdrawn over a dozen rules the agency proposed under Joe Biden, including two crypto-related rules targeting DeFi and digital asset custody. The...
