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Share link:In this post: Italy’s antitrust watchdog (AGCM) is investigating Meta for integrating its AI assistant into WhatsApp without user consent. The regulator suspects the tech firm abused its dominant position by forcing users toward its AI, potentially harming competitors. AGCM warns that this integration may limit consumer choice and distort market competition under EU law.
Share link:In this post: Telegram banned Huione Guarantee and Xinbi Guarantee after a $35B scam crackdown, but operations quickly shifted to Tudou Guarantee. TRM Labs and Elliptic revealed Huione vendors migrated to alternate platforms, with Tudou seeing a 70x surge in daily transactions. Despite US sanctions and enforcement, Huione Pay, USDH stablecoin, and affiliated services continue operating under new Telegram identities.
Share link:In this post: The Federal Reserve kept interest rates steady at 4.25% to 4.5%, delaying any cuts until at least September. Trump criticized the Fed’s decision, blaming tariffs for rising costs and demanding lower rates. Borrowers face high rates on credit cards, mortgages, car loans, and student loans, with no relief in sight.
Share link:In this post: Polygon Labs confirmed its network remained active despite Polygonscan showing no new blocks for over an hour. The issue was caused by a display glitch during a backend update on Polygonscan, not an actual network outage. The incident sparked renewed concerns about overreliance on third-party tools like explorers and RPC providers.
Share link:In this post: Powell said the Fed has made no decision on a September rate cut. Stocks dropped after his comment signaled no immediate policy shift. Bowman and Waller opposed holding rates, marking rare dissent.
Share link:In this post: US senators introduce the “Keep Call Centers in America Act of 2025” to curb AI use and offshoring in customer service. The bill mandates disclosure of AI use, requires US-based call center options, and penalizes companies that move jobs abroad. Backed by labor unions, the legislation responds to growing fears over AI-related job losses and consumer data privacy.
Share link:In this post: Data centers in Russia are to report on miners using their services. Mining infrastructure operators to share tax details with authorities. Russia’s tax service sets out to learn everything about crypto miners’ activities.
- 06:17US SEC Chair: Resolution of SEC vs. Ripple Case Advances the Development of a Clear Regulatory FrameworkAccording to a report by Jinse Finance, @Cointelegraph published an article stating that U.S. Securities and Exchange Commission (SEC) Chairman Atkins said the conclusion of the SEC’s case against Ripple has created an opportunity to “shift focus from the courtroom to the policy-making table,” promoting the development of a clear regulatory framework that fosters innovation while protecting investors.
- 06:11US July CPI to Be Released Tonight, May Influence September Rate Cut DecisionAccording to ChainCatcher, citing Jinshi News, at 8:30 PM tonight (GMT+8), the US July CPI data will be released, drawing significant attention. The market expects core inflation to rebound moderately, while a “hawk-dove standoff” is currently unfolding within the Federal Reserve. If the data confirms the effects of tariff transmission and economic uncertainty, the Fed may adopt a more cautious approach to rate cuts. Market volatility may occur at that time, so please stay tuned.
- 06:10HSBC: Interpreting the Fed’s Political Leanings May Determine the Direction of the US DollarAccording to a report by Jinse Finance, Paul Mackel, Global Head of FX Research at HSBC, stated that the trajectory of the US dollar may depend on how the market interprets the Federal Reserve’s political leanings. There is uncertainty surrounding the Fed’s next monetary policy move as well as the selection of the next Fed Chair. If the Fed is able to cut rates gradually, this would support HSBC’s core view that the dollar will gradually weaken against a basket of currencies. However, if the market begins to worry about political interference with the Fed, the dollar’s movement could differ, depending on changes in cross-asset volatility and the performance of long-term US bond yields. In adverse scenarios, the dollar may initially weaken against major currencies such as the euro, yen, Swiss franc, and renminbi.