China

Minors Sue xAI in California Over Alleged Grok Deepfake Images

A group of minors has filed a lawsuit against xAI in California, alleging that the company used deepfake images of them without consent in its Grok AI chatbot. The lawsuit claims that these images were generated and utilized in a way that violated the minors' rights and privacy. The plaintiffs are seeking damages and an injunction to prevent further use of their likenesses. This case highlights ongoing concerns about the ethical implications of AI technology and the protection of individual rights in the digital age.

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Vietnam pushes local crypto exchanges as Hanoi moves to block offshore trading: Reuters

Vietnam is promoting local cryptocurrency exchanges while taking measures to block offshore trading platforms. The government aims to enhance regulatory oversight and protect investors by encouraging the use of domestic exchanges. This initiative comes amid growing concerns over the risks associated with unregulated offshore trading. Authorities are also looking to

Theo Taps Gold Futures for Yield-Bearing Stablecoin Amid $100 Million Raise

Theo has launched a yield-bearing stablecoin that leverages gold futures to generate returns. The initiative is part of a broader fundraising effort, having successfully raised $100 million in its latest funding round. The stablecoin aims to provide a stable investment option while capitalizing on the volatility of gold markets. This

Robinhood’s new venture fund just snapped up stakes in Stripe and ElevenLabs

Robinhood's new venture fund has acquired stakes in Stripe, a leading payment processing platform, and ElevenLabs, a company specializing in AI-generated speech. This move marks Robinhood's expansion beyond its traditional trading platform, aiming to diversify its investment portfolio. The fund's strategy focuses on innovative

Mastercard to Acquire Stablecoin Tech Firm BVNK for Up to $1.8 Billion

Mastercard is set to acquire the stablecoin technology firm BVNK for up to $1.8 billion. This acquisition aims to enhance Mastercard's capabilities in the digital asset space, particularly in facilitating cryptocurrency transactions. BVNK specializes in providing banking and payment solutions for digital currencies. The deal underscores Mastercard&

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Vietnam pushes local crypto exchanges as Hanoi moves to block offshore trading: Reuters

Theo Taps Gold Futures for Yield-Bearing Stablecoin Amid $100 Million Raise

Robinhood’s new venture fund just snapped up stakes in Stripe and ElevenLabs

Mastercard to Acquire Stablecoin Tech Firm BVNK for Up to $1.8 Billion