Decrypt

US Senators Probe Stablecoin Plans by Facebook Parent Meta

Senators Warren and Blumenthal are demanding answers from Meta over renewed stablecoin plans, warning of risks to competition and privacy.Source link

Australian Woman Hit With Ten-Year Ban Over $9.6 Million Crypto Scheme

ASIC has banned Glenda Rogan for misleading conduct after she allegedly transfered client funds into blacklisted crypto platform.Source link

Startup DIMO Launches DePIN Venture in Japan to Help Automakers Monetize Vehicle Data

The decentralized physical infrastructure platform wants to scale and improve data infrastructure for vehicles in Japan.Source link

Disney, Universal, DreamWorks Sue Midjourney, Call It a ‘Bottomless Pit of Plagiarism’

Hollywood studios are accusing Midjourney of rampant copyright infringement, citing unauthorized use of iconic characters.Source link

Bitcoin Miner Bitdeer Boosts BTC Production as Mining Industry Rebounds

Bitcoin miner Bitdeer reported an increase in BTC mined in May, an 18% jump from April, as the industry recovers from a tough spell.Source link