Another $42 Million Leaves Ark Invest Bitcoin ETF

The Take It Down Act, signed into law by President Donald Trump, criminalizes non-consensual online publication of intimate images, including deepfakes, and requires tech platforms to remove such content within 48 hours. First Lady Melania Trump praised the law as a victory for protecting children.

The Screen Actors Guild has filed a labor complaint against Epic Games' subsidiary for replacing voice actors with AI in Fortnite without union consent. The complaint alleges a violation of labor agreements due to the use of AI-generated characters like Darth Vader.

Hwang Jung-eum has been removed from the final episode of 'Because I'm Single' after admitting to embezzling $3.1 million to invest in crypto. Her VCR segments were cut, and her MC comments minimized due to the scandal.

Genesis Global has filed two lawsuits against Digital Currency Group, accusing them of orchestrating fraudulent transfers and misleading creditors as the company neared collapse. The lawsuits seek over $3.1 billion, including improper transfers made in crypto assets valued at up to $2.1 billion.

The Senate's stablecoin bill, known as the GENIUS Act, has regained momentum after a failed vote. Key Democrats have now supported the bill, which is expected to pass soon. The bill aims to establish a legal framework for issuing stablecoins in the US.

A proposal to rebrand Bitcoin's base unit, supported by Jack Dorsey, suggests shifting from satoshis to Bitcoin itself. The Bitcoin Improvement Proposal aims to simplify quantities by removing decimal points and leading zeroes, potentially making Bitcoin more user-friendly and appealing for spending.

The U.S. Securities and Exchange Commission has delayed its decision on ETF proposals for tracking Solana's price from 21Shares, Bitwise, VanEck, and Canary Capital. The SEC cited the need to further review legal and policy issues, emphasizing that the delays do not indicate approval or rejection likelihood.

Coinbase, the largest crypto exchange in the U.S., is collaborating with law enforcement to investigate a recent hack where customer data was stolen, with attackers demanding $20 million in Bitcoin for its return. The U.S. Department of Justice has initiated an investigation into the attack, following Coinbase's disclosure last week.

Jamie Dimon announced during JP Morgan's investor day that the bank will soon allow customers to buy Bitcoin but will not provide custody services. This marks a shift in the bank's stance on cryptocurrencies, as Dimon has previously criticized Bitcoin as a "fraud" and "pet rock."

The U.S. Justice Department is investigating a breach at Coinbase Global Inc., where hackers bribed employees in India to obtain client data, a source familiar with the matter told Bloomberg. Coinbase disclosed the incident, estimating potential costs of up to $400 million to remedy the situation.