According to ShibDaily, entertainment giants Disney and Universal have filed a lawsuit against artificial intelligence company Midjourney, accusing it of copyright infringement through its image-generating software. The legal action, initiated in Los Angeles, claims that Midjourney has used copyrighted character works from Disney and Universal to train its large language model (LLM) and subsequently distributed images featuring these protected characters. The complaint highlights that Midjourney's service acts as a virtual vending machine, generating unauthorized copies of Disney's and Universal's copyrighted works. The lawsuit details the alleged unauthorized copying of iconic characters from franchises such as Star Wars, The Lion King, The Simpsons, Marvel, Boss Baby, and Shrek. It asserts that Midjourney's subscribers can instruct its image generation service to create visual content based on copyrighted material, which is then available for download and use. Disney's filing accuses Midjourney of leveraging these protected works to generate and disseminate images that closely replicate famous characters, without any original investment in their creation. The studios argue that Midjourney is unfairly profiting from existing intellectual property, effectively operating as a source of unauthorized duplication. The legal complaint further emphasizes that Midjourney's actions misappropriate Disney's and Universal's intellectual property, posing a threat to the foundational incentives of U.S. copyright law that drive American leadership in creative arts. Prior to the lawsuit, Disney and Universal reportedly attempted to resolve the issue directly with Midjourney, requesting the AI firm to cease infringing on their copyrighted properties and implement technological safeguards similar to those used by other AI services. However, Midjourney allegedly ignored these requests and continued to release and promote newer versions of its Image Service, along with plans for a commercial AI video service. Disney and Universal are seeking a preliminary injunction from the court to prevent Midjourney from offering its image and video-generation services unless effective safeguards are implemented to stop users from creating visuals based on copyrighted materials. The legal action underscores the ongoing tension between traditional media companies and emerging AI technologies, as they navigate the complexities of intellectual property rights in the digital age.

Odaily Planet Daily News: Believe founder Ben Pasternak said on the X platform that the new anti-sniping mechanism of the Believe platform is now online. Just like releasing a game, this mechanism also needs continuous iteration to be perfectly adapted. In addition, Pasternak revealed that Believe is currently developed by a team of only four people, and is studying the structure and mechanism of LAUNCHCOIN, and will share more relevant information soon.

Odaily Planet Daily News According to the official announcement, Smarter Web Company, a British listed company, added 74.27 BTC to its fund. After this increase, the company's total BTC holdings reached 242.34.

According to ShibDaily, French authorities have apprehended several individuals in connection with a recent kidnapping case involving the father of a cryptocurrency entrepreneur. The incident occurred in May when the victim was abducted in broad daylight in Paris's southern 14th arrondissement. Witnesses reported that four masked assailants forced the victim into a delivery van. During his captivity, the kidnappers demanded a ransom of up to 7 million euros (approximately $8 million) and resorted to severing one of his fingers to emphasize their demands. A police tactical unit later rescued the victim from a house in a Paris suburb. While the exact number of arrests and their locations have not been disclosed, French law allows suspects in such cases to be held for up to 96 hours before formal charges are filed. This incident is part of a growing trend of crypto-related kidnappings in France, with a notable increase in such cases in recent weeks. The case bears similarities to a previous incident involving Ledger co-founder David Balland and his wife, who were also held for ransom. In that case, the kidnappers sent Balland's severed finger as proof of their seriousness. A 24-year-old suspect, Badiss Mohamed Amide Bajjou, believed to be the mastermind behind Balland's kidnapping and other similar attacks, was recently arrested in Tangier, Morocco. The rise in physical threats and kidnappings targeting cryptocurrency investors is prompting insurance providers to reevaluate their risk management strategies. As a result, more specialized firms are developing tailored kidnap and ransom (K&R) policies to enhance clients' physical security in response to these growing concerns. This article is intended for informational purposes only and should not be considered financial advice. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

According to PANews, BlackRock's U.S. Dollar Institutional Digital Liquidity Fund (BUIDL) expanded by approximately $1 billion between March 26 and June 11, 2025, accounting for half of the $2 billion growth in the tokenized U.S. Treasury market during the same period. Data from rwa.xyz indicates that BUIDL's current size has reached $2.89 billion, making it the largest tokenized money market fund, representing 40% of the $7.34 billion market. March 26 marked a significant date as Ethena Labs ceased increasing its stablecoin USDtb fund shares. The majority of BUIDL's growth in 2025 was driven by USDtb, with 90% of its reserves, totaling $1.3 billion, injected into the fund. Despite the absence of Ethena's influence, BUIDL achieved a notable 35% growth in less than three months, highlighting the strong demand for regulated high-yield cash instruments on public blockchains. Since reaching $1 billion on March 13, the fund's size has nearly tripled in under 90 days, reflecting a surge in interest in the tokenization of real-world assets (RWA), particularly tokenized U.S. Treasuries.

According to PANews, Allianz Research analysts anticipate that the Federal Reserve will likely keep its policy interest rates steady at 4.25%-4.50% until December, delaying any rate cuts initially expected in October. This adjustment is based on the revised forecast that U.S. inflation will peak at the beginning of the fourth quarter, rather than the third. Analysts suggest that the Federal Reserve is unlikely to ease monetary policy during the inflation peak. This expectation aligns with the current pricing in the money markets, indicating that the interest rates will remain unchanged at next week's FOMC meeting.

About 81% of Tether's USDT reserves are in U. S. Treasury bills. source: https://ambcrypto.com/stablecoins-can-grow-8x-cross-2t-by-2028-u-s-treasury-sec-scott-bessent/

Odaily Planet Daily News According to analysts at Allianz Research, the Federal Reserve may remain on hold until the December rate cut, keeping the policy rate in the range of 4.25%-4.50%. The agency has postponed its expectations for the Fed's rate cut from October to December. The reason for the adjustment is that they now believe that US inflation will peak in the early fourth quarter, not the third quarter. Analysts said the Fed is unlikely to ease monetary policy during the peak of inflation. Allianz Research's expectations also mean that the interest rate at next week's FOMC meeting will remain unchanged, which is consistent with money market pricing. (Jinshi)

Odaily Planet Daily News BlackRock's US Institutional Digital Liquidity Fund (BUIDL) expanded by about $1 billion between March 26 and June 11, accounting for about half of the $2 billion growth in the tokenized U.S. Treasury market during the same period. As of now, according to rwa.xyz data, BUIDL is currently worth $2.89 billion, making it the largest tokenized money fund, accounting for 40% of the $7.34 billion market. March 26 is an important time node, when Ethena Labs stopped increasing its fund share of its stablecoin USDtb. Most of BUIDL's growth in 2025 came from USDtb, with 90% of its reserves totaling $1.3 billion injected into the fund. Even without Ethena's push, BUIDL still achieved a significant 35% growth in less than three months, highlighting the strong demand for regulated high-yield cash instruments on public blockchains. Furthermore, the fund has nearly tripled in size since it reached $1 billion on March 13. However, the fact that the fund tripled in size in less than 90 days demonstrates the surge in market interest in tokenizing real-world assets (RWAs), especially tokenizing U.S. Treasuries. (Cryptoslate)

Odaily Planet Daily News According to the analysis of Coinbase research report, the crypto market has a positive outlook in the second half of 2025, mainly benefiting from better-than-expected economic growth, corporate adoption of cryptocurrencies, and a clearer regulatory environment. The report pointed out that the risk of a recession in the United States has weakened, showing signs of stronger economic growth. About 228 listed companies hold a total of 820,000 BTC worldwide, and the use of cryptocurrencies in corporate treasuries has become an important source of demand. Although there are potential systemic risks, they are controllable in the short term. In terms of regulation, the United States has made progress in stablecoin legislation. The "STABLE Act" and the "GENIUS Act" are being promoted, and it is expected that a unified bill may be reached as early as before the congressional recess on August 4. At the same time, the U.S. Securities and Exchange Commission is reviewing about 80 cryptocurrency ETF applications, including physical creation/redemption, pledge functions, index funds, and single-token ETFs. The report believes that despite risks such as the steepening of the U.S. Treasury yield curve, the upward trend of BTC is expected to continue, while the prospects of altcoins may be more dependent on their specific factors.

Ripple and the SEC have jointly asked a US court to lift a ban on XRP sales to institutions and cut Ripple’s fine from $125 million to $50 million. They hope this will end the long-running legal case before a key 16 June deadline.

Hong Kong Customs and Excise Department has partnered with the University of Hong Kong to develop a crypto tracking tool amidst rising money laundering cases involving digital assets, aiming to strengthen detection and investigation of illicit transactions.

Between 13 to 30 May, 49 people in Singapore were arrested for allegedly helping launder scam proceeds by sharing personal data and account credentials. Authorities warn such crimes carry heavy fines and jail time.

Shopify has teamed up with Coinbase and Stripe to let merchants in 34 countries accept USDC payments through its platform. The system uses Coinbase’s Base network and allows payouts in either USDC or local currency, with no cross-border fees.

Binance now offers full access to Syrian users after the US lifted sanctions, removing Syria from its Prohibited Countries list. Syrians can trade over 300 tokens, joining 270 million users globally—a major shift for a region long cut off from global finance. Could this be a breakthrough for financial inclusion?

Golden Finance launches the 2723rd issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

This public split essentially touches on the dilemma of Ethereum’s current governance structure.

Stablecoins do not challenge the credit essence of the U.S. dollar, but they are quietly rewriting the circulation path of the U.S. dollar, the choice of where funds land, and the pricing method of global capital - this is a revolution about "path" rather than "currency".

Artificial Intelligence, AI makes people more valuable? PwC's latest report reveals 6 major misunderstandings about AI Golden Finance, ‍‍‍‍AI is creating job opportunities.