Pennsylvania just drew a line in the sand for AI companies playing doctor. The state’s Department of State filed a lawsuit on May 5 against Character Technologies Inc., the company behind Character.AI, alleging its chatbots impersonated licensed medical professionals and handed out mental health advice without any credentials to back it up. The case represents…
Over six years ago, BTC plummeted by 50% within a few days as COVID spread like wildfire. It’s like a few wars, rising inflation, and global uncertainty are not enough these days. Now, the world needs to pay attention to another health hazard that made the news in the past few weeks: the Hantavirus,…
Executives from MoonPay, Ripple, and Paxos said at Consensus Miami 2026 that stablecoin regulation has accelerated institutional adoption but that major infrastructure and privacy gaps still block mainstream use. Summary MoonPay VP Richard Harrison said the GENIUS Act gave firms a regulatory permission slip, accelerating traditional finance entry into stablecoins. Ripple SVP Jack McDonald argued…
The United Arab Emirates is leaving OPEC. After nearly six decades of membership, the Gulf state announced its departure from the oil cartel, effective May 1, 2026. The UAE was OPEC’s third-largest producer, sitting on spare capacity estimated at 3 to 3.5 million barrels per day. A feud decades in the making The tension between…
Here’s how XRP can skyrocket by at least 1,000%. Although most of the market saw notable gains over the past few weeks, with BTC surging to a multi-month peak at almost $83,000, Ripple’s cross-border token couldn’t really mimic the rally and was rejected at $1.45. Since then, the bears have resumed control, pushing it…
The Pentagon released 162 UAP files on May 8, including NASA Apollo moon photos and 1965 astronaut audio Summary The Department of War posted 162 UAP files on May 8 at war.gov/ufo, covering sightings from 1942 to 2025, with 108 of the files containing some redactions. The most notable documents include NASA transcripts and photographs…
ByteDance is boosting its 2026 artificial intelligence budget to ¥200 billion, roughly $30 billion. That’s a 25% jump from its previous spending plans, and it puts the TikTok parent company squarely in the ring with the biggest AI spenders on the planet. The increased allocation is aimed at AI models and chips, the two ingredients…
Morgan Stanley has launched E*Trade crypto trading at 0.5%, undercutting Coinbase, Schwab, and Robinhood in a pilot set to reach 8.6 million users. Summary Morgan Stanley launched an E*Trade crypto pilot on May 6, charging 50 basis points per trade for Bitcoin, Ether, and Solana via infrastructure partner Zerohash. The 0.5% fee undercuts Charles Schwab…
Secretary of State Marco Rubio announced that Washington has imposed sanctions on Chinese entities accused of providing Iran with satellite imagery, intelligence that reportedly supported attacks against US forces stationed in the Middle East. The move represents a significant escalation in the US strategy to sever the technological lifelines feeding Tehran’s military operations. Beyond the…
Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy Summary Meta launched Muse Spark on April 8, the first product from its Meta Superintelligence Labs unit, built from scratch by Alexandr Wang’s team after a $14.3bn Scale AI deal. The model is fully proprietary with no…
