This case could set a precedent for AI accountability, influencing global 
legal standards on privacy and data protection in AI-generated content.
The post UK MP sues xAI over deepfake bikini image created by Grok chatbot 
appeared first on Crypto Briefing.

This case could set a precedent for AI accountability, influencing global legal standards on privacy and data protection in AI-generated content. The post UK MP sues xAI over deepfake bikini image created by Grok chatbot appeared first on Crypto Briefing.

UK MP sues xAI over deepfake bikini image created by Grok chatbot

FG Nexus has transferred another 10,000 Ether worth about $17.8 million, 
extending a series of treasury sales that have reduced its Ethereum holdings 
as the asset trades more than 50% below the company&#8217;s average purchase price. 
According to onchain data…

FG Nexus has transferred another 10,000 Ether worth about $17.8 million, extending a series of treasury sales that have reduced its Ethereum holdings as the asset trades more than 50% below the company&#8217;s average purchase price. According to onchain data…

FG Nexus offloads 10,000 Ethereum as treasury losses exceed $100M

Bankless co-founder David Hoffman has disclosed how he redeployed capital 
after selling ETH, revealing a new portfolio tilted toward VVV, NEAR, ZEC, 
HYPE and LIT. The move marks a notable shift for one of Ethereum’s most 
recognizable public advocates and has triggered debate over whether Hoffman is 
rotating into a new long-term thesis or chasing a different segment of the 
market. In a post on X, Hoffman said he “immediately took ~50% of the capital 
to VVV, NEAR, ZEC, HYPE” after selling ETH. The other half, he said, was held 
back for dollar-cost averaging into an asset that had not already moved 
sharply higher. “I left the rest as capital to DCA into something not already 
up multiples,” Hoffman wrote, adding that NEAR was an exception because it was 
“~1.40 at the time.” He then said he had completed that second leg of the 
rotation: “I’ve finished buying LIT with that remaining 50%.” Why Hoffman 
Chose LIT As Next Major Crypto Bet The disclosure quickly shifted into a 
broader discussion about Hoffman’s investment thesis around LIT and Lighter, 
particularly after Multicoin Capital’s Kyle Samani asked why a user would 
choose Lighter over Robinhood. Hoffman framed the answer around product 
specialization, market structure and auditability rather than simply token 
speculation. Related Reading: ‘Coldest Crypto Winter Ever’: Bloomberg’s 
Weisenthal Lists 12 Reasons “The easy answer is that Robinhood is an 
everything platform, and Lighter is highly optimized for perps specifically,” 
Hoffman wrote. “Lighter has more assets, including more pre-IPO markets. 
Lighter doesn’t require KYC sign up, and Robinhood Perps are for only a closed 
group of users in the EU.” He acknowledged one important constraint: “By 
contrast, Lighter is VPN blocked in the US.” But Hoffman argued that the 
deeper distinction is transparency. He pointed to zkLighter, Lighter’s zero- 
knowledge system, which he said allows end users to verify the exchange’s rule 
enforcement without permission. “zkLighter is fully auditable by end users, so 
anyone can permissionlessly verify the exchange is following its own rules,” 
he wrote. “Order matching, funding, risk checks, liquidations etc are defined 
in zk circuits, so Ethereum verifies that they followed Lighter’s rules before 
accepting state updates. Bullish crypto ethos!” For Hoffman, the auditability 
claim is not merely technical branding. He argued that it goes directly to 
trader and market-maker trust, because participants can verify that “there is 
no privileged party trading against users,” invoking the FTX and Alameda 
collapse as the relevant failure mode. Hoffman also emphasized latency and 
execution cost. He claimed Lighter has “the best latency of any perp exchange” 
and “the best fee structure,” while pointing to third-party comparisons 
against Hyperliquid. On Robinhood, however, he was more cautious, saying he 
could not judge Robinhood perps directly because he cannot access them and 
would not be able to audit them in the same way. Related Reading: Crypto Is A 
‘Failed’ Asset Class, Says Renowned Economist “Maybe Robinhood, when it 
eventually rolls out perps, also has a 0-fee structure too,” he wrote. “But 
that means a tie between RH and Lighter, not a RH win.” The debate also 
exposed pushback from parts of the Ethereum community. One user accused 
Hoffman of going “from eth maxi to the other extreme,” while another suggested 
he had become more of a short-term trader. Hoffman rejected both 
characterizations. “The technology under all of these assets is pretty 
interesting too,” he replied to one critic. To another who joked about him 
having an investment thesis and sticking to it, Hoffman responded: “My last 
investment thesis I had for eight years. God forbid I get a new one!” Asked 
directly about LIT versus HYPE, Hoffman said he views the position as both 
“beta and alpha” to HYPE. His reasoning centered on relative buybacks, product 
quality and regulatory positioning, citing “LIT buybacks” as moving at “2x the 
relative speed of HYPE Buybacks,” alongside what he described as a technically 
superior product, better fees, stronger latency and US domicile. At press time 
LIT traded at $1.50. Featured image created with DALL.E, chart from 
TradingView.com

Bankless co-founder David Hoffman has disclosed how he redeployed capital after selling ETH, revealing a new portfolio tilted toward VVV, NEAR, ZEC, HYPE and LIT. The move marks a notable shift for one of Ethereum’s most recognizable public advocates and has triggered debate over whether Hoffman is rotating into a new long-term thesis or chasing &#8230;

Bankless Co-Founder Reveals New Crypto Portfolio After Ethereum Sale

Li&#8217;s framework for world models could revolutionize AI&#8217;s spatial intelligence, 
enhancing robotics&#8217; ability to interact with real environments.
The post Fei-Fei Li explains world models&#8217; roles in robotics and gaming 
appeared first on Crypto Briefing.

Li&#8217;s framework for world models could revolutionize AI&#8217;s spatial intelligence, enhancing robotics&#8217; ability to interact with real environments. The post Fei-Fei Li explains world models&#8217; roles in robotics and gaming appeared first on Crypto Briefing.

Fei-Fei Li explains world models’ roles in robotics and gaming

Investor anxiety over Broadcom&#8217;s guidance and competitive pressures highlights 
potential volatility in AI semiconductor market valuations.
The post Broadcom misses Q2 revenue estimates, shares drop over 13% appeared 
first on Crypto Briefing.

Investor anxiety over Broadcom&#8217;s guidance and competitive pressures highlights potential volatility in AI semiconductor market valuations. The post Broadcom misses Q2 revenue estimates, shares drop over 13% appeared first on Crypto Briefing.

Broadcom misses Q2 revenue estimates, shares drop over 13%

Visa has launched a proof-of-concept initiative with stablecoin infrastructure 
provider Brale to evaluate private, blockchain-based settlement for 
institutional payment flows using the SBC stablecoin on the Canton Network. 
Visa Expands Stablecoin Strategy The collaboration centers on SBC, a U.S. 
dollar-backed stablecoin issued by Brale, and will examine whether privacy- 
enabled blockchain infrastructure can support faster and […]

Visa has launched a proof-of-concept initiative with stablecoin infrastructure provider Brale to evaluate private, blockchain-based settlement for institutional payment flows using the SBC stablecoin on the Canton Network. Visa Expands Stablecoin Strategy The collaboration centers on SBC, a U.S. dollar-backed stablecoin issued by Brale, and will examine whether privacy- enabled blockchain infrastructure can support faster &#8230;

UK MP sues xAI over deepfake bikini image created by Grok chatbot

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