Instagram And Facebook Must Remove ‘Addictive’ Features Like Infinite Scrolling —Or Face Heavy Fines, EU Tells Meta

The post Binance Co-CEO Questions MiCA After EU User Withdrawals appeared on BitcoinEthereumNews.com. Most European users who withdrew assets from Binance after its EU service suspension chose self-custody instead of regulated exchanges. Binance co-CEO Richard Teng said roughly 70% of withdrawals moved into private wallets, while only 30% reached MiCA-licensed trading platforms.  The trend suggests many users prioritized direct control over their digital assets despite the European Union’s push for stronger oversight under its Markets in Crypto-Assets framework. Consequently, the migration has renewed debate about whether tighter regulations can achieve their intended consumer protection goals. Teng Questions MiCA’s Practical Impact Teng argued that funds held in self-custodied wallets no longer remain within regulated compliance systems. Consequently, authorities lose visibility through anti-money laundering and know-your-customer monitoring that licensed exchanges provide.  Binance h

The post Meta’s In-House AI Chip Sparks Rally in Chip Equipment Stocks appeared on BitcoinEthereumNews.com. Key Highlights Meta is set to launch production of its proprietary AI chip, dubbed “Iris,” this September Semiconductor equipment manufacturers Applied Materials, Lam Research, and KLA each climbed more than 4% following the announcement Lumentum dominated S&P 500 gains with a 12% surge Wall Street analysts boosted price targets for Applied Materials and Lam Research in response Industry forecasts predict the wafer fabrication equipment sector will expand from $145 billion in 2025 to $250 billion by 2028 Meta Platforms revealed its intention to commence production of “Iris,” a custom-designed AI processor, beginning in September. The disclosure triggered a substantial rally in semiconductor equipment manufacturers on Thursday. Applied Materials, Lam Research, and KLA—all major suppliers of wafer fabrication equipment used to transform silicon wafers into functional microchips—exp

Meta's AI tool raises privacy concerns, potentially prompting regulatory scrutiny and user backlash, impacting Instagram's user engagement. The post Meta launches AI image generator that automatically opts in every public Instagram account appeared first on Crypto Briefing.

Meta's AI strategy could redefine digital advertising, impacting tech investments and supply chains, but hinges on successful automation by 2026. The post Traders renew interest in Meta amid AI strategy and advertising growth appeared first on Crypto Briefing.

The post AscendEX shuts down after MiCA miss and warns some withdrawals may not be processed appeared on BitcoinEthereumNews.com. AscendEX shut down on July 1, leaving some customers unsure whether they will recover their funds. The exchange said in a July 6 notice that it does not hold authorization under the European Union’s Markets in Crypto-Assets framework. It also cited financial and operational pressures, including a failed strategic transaction expected to provide liquidity. Customers can no longer use AscendEX to open accounts, deposit funds, trade, swap, stake or lend. They should retain access only to withdraw assets and complete other exit steps, provided the platform remains available, and no legal or insolvency restrictions intervene. Related Reading Millions of EU crypto users face exchange cutoff as MiCA deadline hits in days Around three in four of the crypto companies registered across Europe are expected to lose their license this summer in the most aggressive thinni

The post 10 Top Stock Picks from HSBC Analyst Ahead of Q2 Earnings: Microsoft (MSFT), Meta (META), Amazon (AMZN) and More appeared on BitcoinEthereumNews.com. Key Takeaways Nicole Inui from HSBC has identified ten Buy-rated equities to monitor as second-quarter reporting season launches next week Selected companies represent technology, banking, consumer goods, and industrial manufacturing sectors Azure AI at Microsoft is experiencing 40% annual revenue expansion, with momentum expected to continue Meta’s advertising revenue surged 33% in the first quarter, fueled by artificial intelligence-enhanced recommendation engines Wells Fargo’s valuation sits at merely 10.8x forward 2027 earnings, bolstered by robust share repurchases and lending expansion As the second-quarter earnings cycle prepares to launch next week, HSBC has unveiled its premier stock selections. Led by analyst Nicole Inui, the research team compiled a roster of Buy-rated companies positioned for strong performance across

The post European Blockchain Convention Returns to Barcelona for Europe’s First Post-MiCA Gathering appeared on BitcoinEthereumNews.com. Barcelona, Spain,  July,  2026 — Eleven weeks after the European Union’s MiCA deadline, the 12th edition of the European Blockchain Convention (EBC12) returns to Barcelona at a pivotal moment for the industry. It is the region’s first major institutional gathering since the world’s first comprehensive cross-border digital asset regulation became fully law, and the event where European deal flow happens. MiCA is now fully in force. For European markets, the focus shifts to what comes next: CASP licensing, stablecoin issuance, and the role of CBDCs in cross-border settlement. EBC12 is where that conversation takes place. Rather than chasing mandates city by city across London, Paris, Frankfurt, Zurich, and Barcelona, EBC12 compresses the European digital asset market into a single two-day commercial arena. It takes place on 16–17 September 2026 at the P

Meta is on track to begin production of its latest AI chips in September as part of an effort to reduce GPU costs amid ongoing component shortages, Reuters reported, citing an internal memo. The chips, developed under Meta’s Meta Training and Inference Accelerator program with Broadcom and manufactured by TSMC, are intended to support training […]