Trump signs bill criminalizing nonsensenual AI deepfake porn
US President Donald Trump has signed a bill criminalizing nonconsensual artificial intelligence-generated deepfake porn, which also requires websites to take down any illicit images within 48 hours.Trump signed the bill into law on May 19, known as the TAKE IT DOWN Act, an acronym for Tools to Address Known Exploitation by Immobilizing Technological Deepfakes on Websites and Networks.The bill, backed by first lady Melania Trump, makes it a federal crime to publish, or threaten to publish, nonconsensual intimate images, including deepfakes, of adults or minors with the intent to harm or harass them. Penalties range from fines to prison.Source: Melania TrumpWebsites, online services, or apps must remove illegal content within 48 hours and establish a takedown process.Trump said in remarks given at the White House Rose Garden and posted to the social media platform Truth Social that the bill also covers “forgeries generated by an artificial intelligence,” commonly referred to as deepfakes.Melania Trump had directly lobbied lawmakers to support the bill, and said in a statement that the law is a “national victory.”“Artificial Intelligence and social media are the digital candy of the next generation — sweet, addictive, and engineered to have an impact on the cognitive development of our children,” she said.“But unlike sugar, these new technologies can be weaponized, shape beliefs, and sadly, affect emotions and even be deadly,” she added.Senator Ted Cruz and Amy Klobuchar introduced the bill in June 2024, and it passed both houses in April of this year. US the latest to ban explicit deepfakesThere has been a growing number of cases where deepfakes are used for harmful purposes. One of the more high-profile instances saw deepfake-generated illicit images of pop star Taylor Swift rapidly spread through X in January 2024. X temporarily banned searches using Taylor Swift’s name in response, while lawmakers pushed for legislation criminalizing the production of deepfake images.Related: AI scammers are now impersonating US government bigwigs, says FBIOther countries, such as the UK, have already made sharing deepfake pornography illegal as part of the country’s Online Safety Act in 2023. A 2023 report from security startup Security Hero revealed that the majority of deepfakes posted online are pornographic, and 99% of individuals targeted by such content are women.Magazine: Deepfake AI ‘gang’ drains $11M OKX account, Zipmex zapped by SEC: Asia Express
Spanish bank BBVA suggests clients make 7% crypto allocation
BBVA is advising affluent clients to allocate up to 7% of their portfolios to crypto just months after it received permission to offer crypto trading.
Ethereum: Here's why ETH could be set for a bullish move soon
Whales grabbed about $2.5B in ETH last weekend, which is the largest daily scoop since 2018. ETH inflows explode along financial services and fintechs building on Ethereum blockchain. EthereThe post Ethereum: Here's why ETH could be set for a bullish move soon appeared first on AMBCrypto.
Senate Passes Historic Crypto Bill: Sacks Hails Dollar Dominance, Bessent Sees $3.7T Boom
With Senate approval of the GENIUS Act, praised by White House Crypto Czar David Sacks and Treasury Secretary Scott Bessent, stablecoins could unlock trillion-dollar markets and position the U.S. for dominant leadership in digital finance. Senate Clears First Major Crypto Bill: ‘A Truly Historic Moment’ The U.S. Senate has approved the bipartisan Guiding and Establishing […]
Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years
Popular chart analysis service TradingView contains a bug in the Fibonacci retracement technical analysis tool.
From OpenAI to blockchain: Joey Bertschler builds crypto wage access platform
Joey Bertschler, a former OpenAI employee, is building a crypto wage distribution system, Volante Chain, motivated in part by disillusionment with OpenAI’s culture.
Gemini accuses CFTC enforcers of ‘trophy-hunting lawfare’ in 2022
Gemini has accused the CFTC’s enforcement division of using a false whistleblower report to form its 2022 lawsuit against the crypto exchange.
Thailand approves five-year crypto tax exemption
Thailand’s crypto income tax waiver applies to crypto sales made through licensed crypto asset service providers from 2025 to late 2029.
RWA backing: How do issuers ensure 1:1 peg with tokenized assets?
The question of RWA backing is not primarily a technology question but is subject to other considerations, industry executives say.
Watch these Bitcoin price levels ahead of Fed Chair Powell's speech
Bitcoin price remains stuck below $110,000 ahead of the FOMC, with big overhead resistance at $112,000 in place and several key support levels below.
Will Tron’s Wall Street hopes implode with TRX as collateral?
Tron’s reverse merger will test whether a company can treat its own crypto as collateral without collapsing under the risk.
This crypto trader just lost $100M, but he’s still not done
James Wynn’s $100-million Bitcoin liquidation shocked the crypto world. The way he used leverage is astounding, though his later losses also exposed associated market risks.
Staked Ethereum hits 35M ETH high as liquid supply declines
Over 28% of the total Ether supply is now staked, signaling that many investors are gearing up to hold their assets for the long term.
Flare Network bridges XRP to DeFi to unlock dormant liquidity
Flare Network’s bridging technology and FAssets are bringing institutional and retail XRP holders into DeFi, tapping a massive pool of idle liquidity.
Ubyx raises $10M to standardize stablecoin redemption and drive adoption
Ubyx, a startup aiming to standardize stablecoin redemption at face value, raised $10 million in seed funding led by Galaxy Ventures to launch in Q4 2025.
The crypto fund domicile decision: EU or the UK?
As the EU’s MiCA regulation and the UK’s evolving crypto laws diverge, fund managers face a key choice: to opt for the EU’s legal certainty and passporting or the UK’s flexible, innovation-driven approach.
How Michael Saylor’s Strategy became the largest Bitcoin holder
Michael Saylor turned a software company into a Bitcoin powerhouse by converting corporate reserves into digital gold.
The secret map whales use to liquidate you (learn how to read it)
Bitcoin liquidation maps help track whale moves, predict price swings and stay safe from forced liquidations in volatile crypto markets.
Bitcoin threatens $104K 'rug pull' as trader says major move yet to come
Bitcoin order book liquidity spoofing is back as analysis says that a key BTC price event is still "brewing." Can bulls protect $104,000?
Solana Foundation, Bitget Wallet join Ondo Finance’s ‘market alliance’
Eight crypto exchanges, custodians and wallets have joined a group formed to accelerate the adoption of tokenized assets.
Bitcoin price stabilizes and rallies amid regional conflicts, data shows
Throughout the last 10 years, Bitcoin’s price has remained resilient to war and armed conflict.
Coinbase seeks SEC approval for ‘tokenized equities’ — Report
If approved by the US regulator, the investment offering could have Coinbase competing against other stock trading platforms.
Cycles eyes sustainable crypto credit after 2022 liquidity crisis
“The panic of ‘22 showed that much like in TradFi, liquidity and solvency are intimately bound up with each other,” said Cycles’ Ethan Buckman.
Regulatory uncertainty looms as CFTC struggles with vacancies
New legislation in Washington would have the CFTC regulate crypto, but is it currently able to provide effective rulemaking?
GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
After clearing a key procedural vote, the GENIUS Act faces a final decision in the Senate before moving to the House of Representatives.
JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
Once the pilot phase ends, Coinbase’s institutional clients can begin using JPMD for transactions.
Ether price stable near $2.4K as crypto investors bet on long-term growth
Ethereum layer-2 growth and $830 million in spot ETH ETF inflows show investors’ true feelings even as the wider crypto market crumbles.
SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
The Tuesday notices will push the SEC's deadline to approve or disapprove of the ETFs to late July, though it could be delayed further at that time.
US Senate passes GENIUS stablecoin bill in 68-30 vote
The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for.
25% Bitcoin price rally set to follow today’s correction if history repeats
A Bitcoin price drop below $102,000 could be followed by a swift 25% rally to new all-time highs.
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
JPMorgan, SEC meet to discuss capital markets moving onchain
Three JPMorgan executives met with the SEC’s Crypto Task Force to discuss which capital markets instruments could move onchain and how to best navigate the change.
How to legally stake crypto in 2025: What is now allowed after the SEC’s latest move
The SEC’s 2025 guideline clarifies the regulatory stance regarding crypto staking. It states what is and isn’t allowed and how you can stake lawfully.
Meta Pool hit with $27M exploit, but attacker flees with only $132K
Meta Pool says an early detection system discovered the exploit, allowing it to pause the affected smart contract and prevent further losses.
Bitcoin downside risk lingers, upside hinges on holding above $102K
Bitfinex analysts say Bitcoin’s current market conditions signal the asset “reversing course shortly after aggressive selling.”
Internet Computer (ICP) Beats ETH, ADA To Claim Top Spot In Key Metric
Data shows Internet Computer has become the number one ranked coin in this metric, ahead of the likes of Ethereum (ETH) and Cardano (ADA). Internet Computer Is Number One Ranked On Dev Activity List In a new post on X, the analytics firm Santiment has shared how the top cryptocurrencies in the sector have ranked […]
Bitcoin downside risk lingers, upside hinges on holding above $102K
Bitfinex analysts say Bitcoin’s current market conditions signal the asset “reversing course shortly after aggressive selling.”
Will Chainlink bulls fall as selling pressure rises? Examining...
Chainlink tested a crucial support level at the time of writing. On-chain and price action clues suggested that the bears might force further losses. Chainlink [LINK] rose 2% on the 16th of The post Will Chainlink bulls fall as selling pressure rises? Examining... appeared first on AMBCrypto.
Meta Pool hit with $27M exploit, but attacker flees with only $132K
Meta Pool says an early detection system discovered the exploit, allowing it to pause the affected smart contract and prevent further losses.
XRP ETFs Set to Trigger Wave of Capital as Canada Opens the Crypto Gates
Two XRP ETFs are storming the Toronto Stock Exchange, signaling a powerful leap for crypto in traditional finance as investor access and market momentum skyrocket. XRP ETFs Coming to TSX—Two Issuers, One Date, Massive Market Shift Ahead Evolve Funds Group Inc., a Canadian firm managing $7 billion in assets, announced on June 16 that it […]
Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years
Popular chart analysis service TradingView contains a bug in the Fibonacci retracement technical analysis tool.
Why is Solana (SOL) price down today?
Pump.fun ban and increasing geopolitical risks in the Middle East are helping drive down Solana price today.
Malaysia launches Digital Asset Hub to test stablecoin, programmable money
Malaysia unveils a regulatory sandbox for programmable payments and ringgit-backed stablecoins, aiming to position itself as a regional fintech hub.
From OpenAI to blockchain: Joey Bertschler builds crypto wage access platform
Joey Bertschler, a former OpenAI employee, is building a crypto wage distribution system, Volante Chain, motivated in part by disillusionment with OpenAI’s culture.
Gemini accuses CFTC enforcers of ‘trophy-hunting lawfare’ in 2022
Gemini has accused the CFTC’s enforcement division of using a false whistleblower report to form its 2022 lawsuit against the crypto exchange.
Thailand approves five-year crypto tax exemption
Thailand’s crypto income tax waiver applies to crypto sales made through licensed crypto asset service providers from 2025 to late 2029.
RWA backing: How do issuers ensure 1:1 peg with tokenized assets?
The question of RWA backing is not primarily a technology question but is subject to other considerations, industry executives say.
Watch these Bitcoin price levels ahead of Fed Chair Powell's speech
Bitcoin price remains stuck below $110,000 ahead of the FOMC, with big overhead resistance at $112,000 in place and several key support levels below.
Will Tron’s Wall Street hopes implode with TRX as collateral?
Tron’s reverse merger will test whether a company can treat its own crypto as collateral without collapsing under the risk.
This crypto trader just lost $100M, but he’s still not done
James Wynn’s $100-million Bitcoin liquidation shocked the crypto world. The way he used leverage is astounding, though his later losses also exposed associated market risks.
Staked Ethereum hits 35M ETH high as liquid supply declines
Over 28% of the total Ether supply is now staked, signaling that many investors are gearing up to hold their assets for the long term.
Flare Network bridges XRP to DeFi to unlock dormant liquidity
Flare Network’s bridging technology and FAssets are bringing institutional and retail XRP holders into DeFi, tapping a massive pool of idle liquidity.
Ubyx raises $10M to standardize stablecoin redemption and drive adoption
Ubyx, a startup aiming to standardize stablecoin redemption at face value, raised $10 million in seed funding led by Galaxy Ventures to launch in Q4 2025.
The crypto fund domicile decision: EU or the UK?
As the EU’s MiCA regulation and the UK’s evolving crypto laws diverge, fund managers face a key choice: to opt for the EU’s legal certainty and passporting or the UK’s flexible, innovation-driven approach.
How Michael Saylor’s Strategy became the largest Bitcoin holder
Michael Saylor turned a software company into a Bitcoin powerhouse by converting corporate reserves into digital gold.
The secret map whales use to liquidate you (learn how to read it)
Bitcoin liquidation maps help track whale moves, predict price swings and stay safe from forced liquidations in volatile crypto markets.
Bitcoin threatens $104K 'rug pull' as trader says major move yet to come
Bitcoin order book liquidity spoofing is back as analysis says that a key BTC price event is still "brewing." Can bulls protect $104,000?
Solana Foundation, Bitget Wallet join Ondo Finance’s ‘market alliance’
Eight crypto exchanges, custodians and wallets have joined a group formed to accelerate the adoption of tokenized assets.
Bitcoin price stabilizes and rallies amid regional conflicts, data shows
Throughout the last 10 years, Bitcoin’s price has remained resilient to war and armed conflict.
Coinbase seeks SEC approval for ‘tokenized equities’ — Report
If approved by the US regulator, the investment offering could have Coinbase competing against other stock trading platforms.
Cycles eyes sustainable crypto credit after 2022 liquidity crisis
“The panic of ‘22 showed that much like in TradFi, liquidity and solvency are intimately bound up with each other,” said Cycles’ Ethan Buckman.
Regulatory uncertainty looms as CFTC struggles with vacancies
New legislation in Washington would have the CFTC regulate crypto, but is it currently able to provide effective rulemaking?
GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
After clearing a key procedural vote, the GENIUS Act faces a final decision in the Senate before moving to the House of Representatives.
JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
Once the pilot phase ends, Coinbase’s institutional clients can begin using JPMD for transactions.
Ether price stable near $2.4K as crypto investors bet on long-term growth
Ethereum layer-2 growth and $830 million in spot ETH ETF inflows show investors’ true feelings even as the wider crypto market crumbles.
SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
The Tuesday notices will push the SEC's deadline to approve or disapprove of the ETFs to late July, though it could be delayed further at that time.
US Senate passes GENIUS stablecoin bill in 68-30 vote
The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for.
25% Bitcoin price rally set to follow today’s correction if history repeats
A Bitcoin price drop below $102,000 could be followed by a swift 25% rally to new all-time highs.
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
JPMorgan, SEC meet to discuss capital markets moving onchain
Three JPMorgan executives met with the SEC’s Crypto Task Force to discuss which capital markets instruments could move onchain and how to best navigate the change.
How to legally stake crypto in 2025: What is now allowed after the SEC’s latest move
The SEC’s 2025 guideline clarifies the regulatory stance regarding crypto staking. It states what is and isn’t allowed and how you can stake lawfully.
France Taps Bitcoin Mining To Harness €80 Million In Excess Renewable Energy
France faces a familiar problem: it often makes more electricity than it can sell. According to energy researcher Raphaël Bloch, the country wasted about € 80 million worth of power in 2024. Now, a group of lawmakers wants to put that extra juice to work. They’ve filed Amendment No. 547 with the National Assembly to fold Bitcoin […]
Texas Bitcoin Reserve Law Triggers Sunday—Silence Means Yes
Texas is now within a single, silent procedural heartbeat of creating the nation’s largest government-run stash of bitcoin. Senate Bill 21, the Texas Strategic Bitcoin Reserve and Investment Act, was dispatched to Gov. Greg Abbott on June 1 after clearing both chambers by wide margins. Texas Bitcoin Reserve Set To Become Law Under Article IV, […]
Bitcoin faces $904M profit-driven pullback - Can BTC's rally survive?
Bitcoin investors who have held BTC for 6>12 months sell BTC worth $904 million. Newer coins cause selling pressure, resulting in a BTC pullback. Over the past month, Bitcoin [BTCThe post Bitcoin faces $904M profit-driven pullback - Can BTC's rally survive? appeared first on AMBCrypto.
Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years
Popular chart analysis service TradingView contains a bug in the Fibonacci retracement technical analysis tool.
Why is Solana (SOL) price down today?
Pump.fun ban and increasing geopolitical risks in the Middle East are helping drive down Solana price today.
Malaysia launches Digital Asset Hub to test stablecoin, programmable money
Malaysia unveils a regulatory sandbox for programmable payments and ringgit-backed stablecoins, aiming to position itself as a regional fintech hub.
From OpenAI to blockchain: Joey Bertschler builds crypto wage access platform
Joey Bertschler, a former OpenAI employee, is building a crypto wage distribution system, Volante Chain, motivated in part by disillusionment with OpenAI’s culture.
Gemini accuses CFTC enforcers of ‘trophy-hunting lawfare’ in 2022
Gemini has accused the CFTC’s enforcement division of using a false whistleblower report to form its 2022 lawsuit against the crypto exchange.
Thailand approves five-year crypto tax exemption
Thailand’s crypto income tax waiver applies to crypto sales made through licensed crypto asset service providers from 2025 to late 2029.
RWA backing: How do issuers ensure 1:1 peg with tokenized assets?
The question of RWA backing is not primarily a technology question but is subject to other considerations, industry executives say.
Watch these Bitcoin price levels ahead of Fed Chair Powell's speech
Bitcoin price remains stuck below $110,000 ahead of the FOMC, with big overhead resistance at $112,000 in place and several key support levels below.
Will Tron’s Wall Street hopes implode with TRX as collateral?
Tron’s reverse merger will test whether a company can treat its own crypto as collateral without collapsing under the risk.
This crypto trader just lost $100M, but he’s still not done
James Wynn’s $100-million Bitcoin liquidation shocked the crypto world. The way he used leverage is astounding, though his later losses also exposed associated market risks.
Staked Ethereum hits 35M ETH high as liquid supply declines
Over 28% of the total Ether supply is now staked, signaling that many investors are gearing up to hold their assets for the long term.
Flare Network bridges XRP to DeFi to unlock dormant liquidity
Flare Network’s bridging technology and FAssets are bringing institutional and retail XRP holders into DeFi, tapping a massive pool of idle liquidity.
Ubyx raises $10M to standardize stablecoin redemption and drive adoption
Ubyx, a startup aiming to standardize stablecoin redemption at face value, raised $10 million in seed funding led by Galaxy Ventures to launch in Q4 2025.
The crypto fund domicile decision: EU or the UK?
As the EU’s MiCA regulation and the UK’s evolving crypto laws diverge, fund managers face a key choice: to opt for the EU’s legal certainty and passporting or the UK’s flexible, innovation-driven approach.
How Michael Saylor’s Strategy became the largest Bitcoin holder
Michael Saylor turned a software company into a Bitcoin powerhouse by converting corporate reserves into digital gold.
The secret map whales use to liquidate you (learn how to read it)
Bitcoin liquidation maps help track whale moves, predict price swings and stay safe from forced liquidations in volatile crypto markets.
Bitcoin threatens $104K 'rug pull' as trader says major move yet to come
Bitcoin order book liquidity spoofing is back as analysis says that a key BTC price event is still "brewing." Can bulls protect $104,000?
Solana Foundation, Bitget Wallet join Ondo Finance’s ‘market alliance’
Eight crypto exchanges, custodians and wallets have joined a group formed to accelerate the adoption of tokenized assets.
Bitcoin price stabilizes and rallies amid regional conflicts, data shows
Throughout the last 10 years, Bitcoin’s price has remained resilient to war and armed conflict.
Coinbase seeks SEC approval for ‘tokenized equities’ — Report
If approved by the US regulator, the investment offering could have Coinbase competing against other stock trading platforms.
Cycles eyes sustainable crypto credit after 2022 liquidity crisis
“The panic of ‘22 showed that much like in TradFi, liquidity and solvency are intimately bound up with each other,” said Cycles’ Ethan Buckman.
Regulatory uncertainty looms as CFTC struggles with vacancies
New legislation in Washington would have the CFTC regulate crypto, but is it currently able to provide effective rulemaking?
GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
After clearing a key procedural vote, the GENIUS Act faces a final decision in the Senate before moving to the House of Representatives.
JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
Once the pilot phase ends, Coinbase’s institutional clients can begin using JPMD for transactions.
Ether price stable near $2.4K as crypto investors bet on long-term growth
Ethereum layer-2 growth and $830 million in spot ETH ETF inflows show investors’ true feelings even as the wider crypto market crumbles.
SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
The Tuesday notices will push the SEC's deadline to approve or disapprove of the ETFs to late July, though it could be delayed further at that time.
US Senate passes GENIUS stablecoin bill in 68-30 vote
The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for.