Crypto
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TikTok could soon be flooded with AI avatars in ads
TikTok’s new tools include AI-powered digital avatars that brands can dub over and use to sell their products in multiple languages. Source link
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Trump token dumps 31% despite doubts he’s behind the DJT token
Trump hasn’t confirmed or denied ties to the DJT token but a blockchain analytics firm and industry leaders raised doubt that it was launched by Trump’s team. Source link
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Signal boss slams EU’s latest ‘upload moderation’ surveillance ploy
The Chat Control law is aimed at combating child exploitation material, but Meredith Whittaker said it’s just the latest proposed tactic to undermine encryption. Source link
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Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded
Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain. Source link
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Digital asset funds see biggest weekly outflow since March
According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14. Source link
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Crypto Super PAC spends $2M on attack ad targeting NY lawmaker
Democratic Representative Jamaal Bowman in New York’s 16th Congressional District has voted against three pro-crypto bills in the last 30 days. Source link
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Ethiopia takes first step toward CBDC in economic reform
The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.” Source link
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Crypto trading firm Cumberland secures New York BitLicense
The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services. Source link
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Tether launches gold-backed, US dollar stablecoin Alloy
The new synthetic dollar is the first step in the rollout of a real-world asset tokenization platform, said Tether. Source link
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Former SEC official David Hirsch says he is not joining pump.fun
Rumors have been circulating that the recently retired SEC veteran was taking on a private role in the digital asset sector. Source link
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