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Meta faces antitrust probe in Italy over AI integration in WhatsApp
Meta faces antitrust probe in Italy over AI integration in WhatsApp

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.

Cryptopolitan·2025/07/30 21:00
Telegram-banned $35B scam marketplaces find life away from US regulators
Telegram-banned $35B scam marketplaces find life away from US regulators

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.

Cryptopolitan·2025/07/30 21:00
Federal Reserve keeps interest rates unchanged again, as expected
Federal Reserve keeps interest rates unchanged again, as expected

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.

Cryptopolitan·2025/07/30 21:00
Polygon Labs calms fears about reports that its network went down for hours
Polygon Labs calms fears about reports that its network went down for hours

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.

Cryptopolitan·2025/07/30 21:00
Fed chair Jerome Powell says he sees no need to cut interest rates in September
Fed chair Jerome Powell says he sees no need to cut interest rates in September

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.

Cryptopolitan·2025/07/30 21:00
Senators propose US law to limit AI and offshore call centers to protect American jobs and consumers
Senators propose US law to limit AI and offshore call centers to protect American jobs and consumers

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.

Cryptopolitan·2025/07/30 21:00
Russia orders data centers to report crypto miners’ tax info to the state
Russia orders data centers to report crypto miners’ tax info to the state

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.

Cryptopolitan·2025/07/30 21:00
Flash
13:06
The meme coin sector's share in the total market value of altcoins has dropped to 3.7%.
The proportion of the Meme coin sector in the total altcoin market capitalization has dropped to 3.7%, the lowest level since February 2024, and below the peak of over 10% during the Meme coin boom in November 2024. (CoinDesk)
13:05
Oil Prices Drop as U.S. Treasury Yields Fluctuate and Dollar Strengthens
On July 6, as the U.S. market reopened after the holiday, the Middle East peace agreement remains unachieved, and last week's labor indicators were disappointing. U.S. Treasury yields showed mixed movements while the dollar rose slightly. Meanwhile, OPEC+ agreed to increase production, leading to a decline in oil prices. The Federal Reserve's meeting minutes will be released on Wednesday, and this week is relatively quiet in terms of data. The dollar index is up 0.2%. The yield on the 10-year U.S. Treasury bond is at 4.459%, higher than last Thursday's closing rate of 4.447%. The yield on the two-year U.S. Treasury bond fell from 4.130% to 4.108%. (Jin Shi)
13:05
Broadcom Shares Rise Over 4% Pre-Market Following New Long-Term Agreement with Apple
On July 6, according to filings with the U.S. Securities and Exchange Commission, Broadcom (AVGO.O) has extended its technology collaboration with Apple (AAPL.O) through a new multi-year agreement until 2031. Broadcom will develop and supply a range of custom ASIC silicon products for the manufacturing of multiple generations of Apple products. Following this positive news, the shares of a company rose over 4% in pre-market trading.
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