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President Lee Jae-myung’s rise to South Korea’s highest office marks the return of a left-leaning populist with deep working-class roots and bold plans for institutional crypto integration. Though crypto was not directly mentioned in Lee’s inauguration speech on June 4 after the impeachment of his predecessor, Yoon Suk Yeol, Lee now leads the country with a list of crypto promises made during his campaign.His administration is expected to accelerate the integration of digital assets into Korea’s regulatory and financial systems on the back of the Democratic Party’s Digital Asset Committee.Lee’s rise from a teenage factory worker to a human rights lawyer…
Tonight’s your last shot: Take on the TechCrunch Sessions: AI Trivia Countdown and walk away with two tickets for just $200. The window closes tonight at midnight — go! Think you know AI? Can you name the company that created the AI assistant known as Siri before Apple acquired it? Or the name of Google’s large language model family released in 2023? If so, now’s your time to shine. Ready to compete? Prove your AI smarts and win your spot at TC Sessions: AI Tackle a short round of AI trivia before tonight ends, and you could earn a special…
French AI startup Mistral is releasing its own “vibe coding” client, Mistral Code, to compete with incumbents like Windsurf, Anysphere’s Cursor, and GitHub Copilot. Mistral Code, a fork of the open source project Continue, is an AI-powered coding assistant that bundles Mistral’s models, an “in-IDE” assistant, local deployment options, and enterprise tools into a single package. A private beta is available as of Wednesday for JetBrains development platforms and Microsoft’s VS Code. “Our goal with Mistral Code is simple: deliver best-in-class coding models to enterprise developers, enabling everything from instant completions to multi-step refactoring through an integrated platform deployable in…
Japan’s House of Representatives has recently passed a bill that would ban the operation and promotion of online casinos within the country. This move is part of the government’s ongoing efforts to tackle the growing issue of gambling addiction. The bill has garnered substantial backing from the Liberal Democratic Party, while the Constitutional Democratic Party of Japan has opposed the legislation.This bill now heads to the House of Councillors for further deliberation. If it passes, the new law will likely take effect soon, marking a significant shift in the country’s approach to gambling regulation.Impact on Gambling in JapanAccording to a…
The Responsible Online Gaming Association (ROGA), representing around 90% of legal sports betting handle in the U.S., has unveiled a comprehensive set of responsible gaming guidelines targeting VIP programs within sportsbooks. These recommendations aim to safeguard player well-being while maintaining rewarding loyalty initiatives for high-value customers.Dr. Jennifer Shatley, ROGA’s Executive Director, highlighted the importance of aligning VIP incentives with responsible gaming. “Sportsbook VIP programs aim to reward and retain loyal players, and it is essential that these programs are operated with a strong commitment to responsible gaming,” she said. “These programs should support a shared understanding between hosts and players…
In a massive vote of confidence for a new bitcoin-focused company, Tether and Bitfinex have moved over 37,000 BTC—worth $3.9 billion—to digital treasury firm Twenty One Capital. This is one of the largest Bitcoin transactions in recent history. The announcement came from Paolo Ardoino, CEO of Tether and CTO of Bitfinex, through multiple posts on X. According to Ardoino, the transfers were part of a pre-funding round for the launch of Twenty One Capital, a new company that will lead the bitcoin treasury space. Ardoino announced several transfers on X — Sources 1, 2, 3, 4, and 5 “Tether Group…
Summary Battlefield 6 may introduce submarines for warfare on water, potentially changing the large-scale gunplay dynamic. EA CEO hints at a pivotal change for the franchise, signaling significant pre-launch hype for the forthcoming game. Submarines offer tactical advantages, such as launching missiles, and could enhance gameplay with potential enemy submarine encounters. The Battlefield franchise may have long lost its former glory with the onset of earlier installments, but that doesn’t mean fans are not excited about what EA has in store for the series next. Battlefield 6 is now on the watchlist of many FPS players, and there’s one potential…
Pakistan’s minister of state for crypto and blockchain, Bilal Bin Saqib, met with Robert “Bo” Hines, executive director of US President Donald Trump’s Council on Digital Assets, during a visit to the White House.The meeting focused on boosting cooperation between Pakistan and the United States in the digital assets space. Discussions covered a broad range of topics, including Bitcoin (BTC), potential partnerships and the future of decentralized finance, according to a report by 24NewsHD TV.One key area of dialogue was Pakistan’s newly announced Strategic Bitcoin Reserve. “It is my mission to position Pakistan as a global leader in digital assets,”…
Mexico City AP — A fire in a drug rehabilitation center in the violence-plagued Mexican state of Guanajuato killed 12 people and injured at least three others, authorities said Sunday. The fire broke out early Sunday in the town of San Jose Iturbe, where the municipal government said it was still investigating what caused the deadly blaze. “We express our solidarity with the families of those who have been killed while they tried to overcome addictions,” the municipal government said in a statement, adding that it will help to pay for the funeral expenses of those killed. Mexican media outlets…
Food fraud siphons up to $50 billion from the global food industry every year and endangers public health. When deployed rigorously and realistically, blockchain could prevent this shadowy crime.The problem? It comes with a high price tag. Scalability, cost, interoperability and integration pose significant barriers. Not to mention the privacy concerns, regulatory uncertainty and long path to stakeholder adoption.But food fraud isn’t going anywhere. As David Carvalho, CEO of Naoris Protocol, observed: “Most people would be surprised to hear that food fraud is an issue, but it’s a major one, costing the global food industry between $30 billion and $50 billion…