Shein hit with consumer protection action in EU as bloc unboxes strategy to tackle low-cost ecommerce risks

Chinese ecommerce and fast fashion giant Shein is facing fresh scrutiny in the European Union in relation to consumer protection rules following the launch of a coordinated action by the bloc’s Consumer Protection Cooperation Network (CPCN). The action is being conducted with reference to the EU’s Unfair Commercial Practices Directive, Consumer Rights Directive, Unfair Contracts … Read more

Bitcoin Drops Below Key 2025 Realized Price Level, Raising Risk of Further Downside: Van Straten

The average withdrawal price of bitcoin (BTC) from exchanges in 2025 currently stands at $100,356. At present, bitcoin is trading just below this level, hovering around $98,000. The concern arises when bitcoin falls below the average withdrawal price for a sustained period of time, as this can often trigger continued selling and more downward price … Read more

DJI explains why it won’t stop drones from flying over the White House — and what happens in a US ban

Time is not on DJI’s side.  The world’s largest drone maker has less than a year to convince the Trump administration to save its products from an automatic US ban — at a time when drone fears have been stoked more than ever.  Some of those fears were exacerbated by DJI’s own bad timing: days … Read more

Ransomware Payments Fell 35% in 2024 as More Victims Refuse to Pay: Chainalysis

The ransomware business took a hit in 2024, with payments falling 35% year-over-year, according to a new report from Chainalysis. Though the number of ransomware attacks increased in 2024, ransomware gangs made less money, pulling in $814 million compared to 2023’s record-high sum of $1.25 billion. The blockchain analytics firm attributes the decline to a … Read more

Google scraps promise not to develop AI weapons

Can’t break promises if you riscind them entirely. Google updated its artificial intelligence principles on Tuesday to remove commitments around not using the technology in ways “that cause or are likely to cause overall harm.” A scrubbed section of the revised AI ethics guidelines previously committed Google to not designing or deploying AI for use … Read more

Crypto Daybook Americas: Somber Crypto Market Eyes Slow Progress on U.S. Bitcoin Reserve

By Omkar Godbole (All times ET unless indicated otherwise) The crypto market has turned somber, with major cryptocurrencies such as bitcoin (BTC), ether (ETH), solana (SOL), Binance coin (BNB) and chainlink (LINK) trading as much as 3% lower, amid frustration over the slow progress on the creation of a U.S. strategic BTC reserve and signs … Read more