TikTok to automatically label AI-generated content
TikTok takes a proactive step in assuring AI authenticity on its platform by automatically labeling AI-generated content (AIGC) using new Content Credentials technology.
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Teenage Crypto Hacker Allegedly Threatened Life of 16yo Accomplice
Ellis Pinksy, the hacker who allegedly masterminded the theft of $23.8 million worth of crypto from pioneering investor, Michael Terpin, planned on retiring after the heist at the age of 15.However, after turning 18, Pinsky became the subject of a $71.4 million civil suit from Michael Terpin, who is seeking damages equal to triple the…

Axie Infinity (AXS) rallies 80% following migration to Ronin sidechain
Nonfungible tokens were one of the hottest sectors of the cryptocurrency market from the start of the year until March but as is the nature of the crypto sector, NFTs cooled off significantly in April as the hype died down and high fees on the Ethereum (ETH) network hampered the ability of buyers and sellers…

Crypto Biz: Goldman Sachs stacks ETH, BTC
This week’s business newsletter explores Goldman Sachs’ U-turn on digital assets after the investment bank purchased Bitcoin and Ether ETFs.

US senator introduces bill that could criminalize downloading DeepSeek AI
The bill could lead to up to 20 years of jail time and fines of $1 million for individuals and $100 million for companies.

SEC sues Elon Musk claiming disclosure failures with Twitter stock
The SEC sued Elon Musk alleging he violated US securities laws by failing to timely disclose that he owned over 5% of Twitter’s stock in early 2022.

Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst
Real Vision CEO Raoul Pal says the next phase of the Banana Zone will be an altcoin season “when everything goes up" followed by a bigger consolidation.

Bitcoin Futures: Volatility ‘Coming’ as BitMEX Hits $1B Open Interest
Bitcoin (BTC) futures are fast becoming the darling of institutional investors as open interest spikes 60% since the start of 2020. Data from monitoring resource Skew Markets shows that open interest across major futures offerings from exchanges now stands at more than $4 billion. BitMEX, OKEx futures open interest passes $1BOver half of that stems from two…

Bitcoin Price: Bears Eye $7.7K to Capitalize on Lukewarm Bakkt Debut
With Bakkt launching just a few hours ago, crypto Twitter exploded with somewhat anticipated disappointment at the news of the first Bitcoin trade on ICE Futures US taking place at 8:02 ET.Twitter users were quick to point out that early orders had a meager value of around 3 BTC, which sluggishly grew to over 18…