Elon Musks X suspends data collection for AI training, EU watchdog says

After proceedings in an Irish court, the local Data Protection Commission said X agreed to suspend processing the personal data of EU users to train its AI system.

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EU watchdog sues Elon Musks X over alleged AI data violations

As recently as July 25, the DPC seemed to believe the matter would be resolved without court actions.

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EU AI rules stifle innovation, Meta and Spotify CEOs warn

Zuckerberg and Eks concerns highlight the need for balanced regulation of emerging technologies.

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Worldcoin spreads across Europe with Austria digital ID launch

Worldcoin expands its digital ID verification technology to Austria, offering residents in Vienna access to the World ID system with multiple locations throughout the city.

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3 reasons why Bitcoin (BTC) price is down today

Strong macroeconomic data, fear of an artificial intelligence bubble and an ongoing court case could be factors in Bitcoins multiday correction.

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Spot Ethereum ETFs are coming, but ETH derivatives markets are flat

Ether futures show little confidence in the chance of ETH breaking above $4,000 in the near term.

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Worldcoin (WLD)'s Return to Spain Supported by 90% of World ID Holders

Nearly 90% of World ID holders in Spain support the return of Worldcoin (WLD), according to a recent survey. (Read More)

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Meta faces backlash in EU for AI data usage without user consent

The complaints claimed that Metas recent privacy policy changes would allow the company to utilize years of personal posts, private images and online tracking data for its AI technology.

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Cathie Woods Forecast: El Salvadors Bitcoin and AI Infusion to Propel GDP 10x

El Salvador is charting an ambitious path to economic transformation by adopting Bitcoin and artificial inte­lligence (AI). Cathie Wood, CEO of ARK Inve­st, recently projecte­d that El Salvador’s initiatives to embrace Bitcoin and Artificial Inte­lligence (AI) could increase­ the country’s GDP tenfold by 2029. Wood’s optimistic forecast was share­d on X, where she­ praised President […]

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Microsoft pours $2.2B into Malaysia for cloud, AI expansion

In a statement, Microsoft said it will collaborate with the Malaysian government to establish a national AI Center of Excellence and improve cybersecurity capabilities.

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Solana Chain GDP Surges 20% in Q1 as DeFi and Stablecoin Markets Expand

Solana had a solid first quarter of 2025, as its Chain GDP grew by 20% from the previous quarter (QoQ) and reached $1.2 billion. January generated the highest income, adding up to $698.6 million from mobile app sales.  The increase was partly due to increased trading especially from renewed interest in memecoins, such as the […]

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Worldcoin beefs up security by open-sourcing biometric data system

Worldcoin Foundation open sources a secure multi-party computation (SMPC) system to enhance biometric data protection and confirmed that users can now securely delete old iris codes.

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Bitcoin price holds steady amid spot BTC ETF outflows and uptick in unfriendly regulation

Bitcoin price holds above $63,000 even as regulatory enforcement ramps up and spot BTC ETF outflows raise concern.

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Bitcoin price risks 1-week lows as US GDP sparks stagflation woes

Bitcoin traders remain unfazed as BTC price action follows stocks downward on the back of surprise U.S. macro data.

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Turkey tops the world in stablecoin buying share vs. GDP

Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis.

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Study: Generative AI Could Add Trillions to Global Economy

A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study, titled “The Economic Potential of Generative AI” and published June 14, 2023, analyzes the impact AI tools like Chatgpt could have across sectors. McKinsey & Company Study: ‘Generative AI Is [...]

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New Nigerian President Slates Central Bank’s Interest Rate and Currency Demonetization Policy

The new Nigerian president Bola Ahmed Tinubu has deplored the Central Bank of Nigeria (CBN)’s aggressive interest policy which he has reportedly labeled “anti-people” and “anti-business.” Tinubu also announced the scrapping of a fuel subsidy which has been in existence since the 1970s. Tinubu: Nigeria Needs Lower Interest Rates to Increase Investment and Consumer Spending

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BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the G7 provides 30.7%. BRICS Countries [...]

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ChatGPT Ban Lifted in Italy

Italy's data protection agency banned OpenAI's ChatGPT chatbot in March 2023 for allegedly violating GDPR. The ban was lifted in April after the company complied with the regulator's transparency demands and implemented age-gating measures. (Read More)

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Atlanta Fed Model Predicts Sharp 2.8% GDP Contraction in First Quarter: Trumpcession Ahead

The Atlanta Fed has a model that predicts a contraction in US GDP for the first quarter of the year. This means that the Gross Domestic Product of the country is expected to decrease during this period. The model used by the Atlanta Fed takes into account various economic indicators to make this prediction. This [...]

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