Daily Crypto & AI News

🤖 AI

• Lovable signs multiyear deal with Google Cloud to up usage 5x, source says
  TechCrunch AI
  Lovable and Google signed an expanded multiyear deal that involves a 5x expansion of Lovable's footprint on Google Cloud, and expanded access to Anthropic Claude.
• Can't make sense of Dashlane's vault theft notification? You're not alone.
  Ars Technica AI
  Security advisory leaves out key details. Dashlane maintains complete silence.
• Alphabet’s record-breaking $85B raise for Google’s AI business is a helluva good signal
  TechCrunch AI
  If Alphabet's record-breaking $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow.
• Google’s Dreambeans, its weirdest-named AI tool to date, will turn your life into a cartoon
  TechCrunch AI
  Dreambeans is a curated list of AI-illustrated "stories" culled from the personal data in your Google account.
• As AI gets better, it reveals an empty promise
  The Verge AI
  This week we've got tandem hands-ons with Google's new Gemini AI agent - Spark - from my colleagues David Pierce and Jay Peters. Their takeaways are similar: It's so effective that it's scary. Spark knew that David's dog is named Frida and knew the first name of Jay's wife, ev...
• How virtual power plants could provide energy for data centers
  MIT Tech Review AI
  Would you take a payment to ramp down your electricity use? Would it change anything if you were doing so to help power a local data center? Google just signed a new deal to help pay for a virtual power plant (VPP) in the largest power grid in the US. The agreement is with Vol...
• Amazon’s search bar will invent AI-generated products you can’t buy
  The Verge AI
  Amazon's updated search bar will now show you AI-generated images of products as you describe them. For now, the in-app feature only surfaces AI images of clothing and home goods, allowing you to tap on the image that best matches what you're looking for and search for similar...
• Amazon will show AI product images when you search for some reason
  TechCrunch AI
  Amazon will use visual search and AI to show AI-generated product images that match your search queries. The retailer says it will help guide users to products.
• These two founders left Goldman and Meta to build voice AI for markets everyone else overlooked
  TechCrunch AI
  The startup's own stack for Africa and Middle East is now handling more than 17,000 calls per day.
• Publishers will be able to opt out of AI Search, thanks to new regulation
  TechCrunch AI
  U.K. regulators are requiring Google offer a tool allowing website publishers to opt-out of generative AI search features. The option will be tested in the U.K. then rolled out globally.

💰 Crypto

• Israel’s tax authority ‘disappointed’ in voluntary crypto disclosures: Report
  Cointelegraph
  After expecting billions of dollars worth of crypto holdings to be reported during a voluntary disclosure period, the country's tax office only saw 58 filers took advantage of the procedure.
• SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus
  CoinDesk
• Tom Lee's Bitmine borrows a page from Saylor's playbook to offer 9.5% yield in preferred stocks
  CoinDesk
• Wyoming executive order to guide AI data center development
  Cointelegraph
  Wyoming Governor Mark Gordon signed an executive order supporting AI data center development as the state seeks to attract advanced computing and technology investment.
• The Best AI Models Still Encourage 'Harmful Intimacy' With Chatbots, Study Funds
  Decrypt
  A new study finds that leading AI models often encourage emotional attachment, portray themselves as human, and fail to maintain clear boundaries.
• US Treasury Secretary signals progress on Bitcoin reserve, CLARITY Act
  Cointelegraph
  Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile.
• Revolut US bank plans stablecoins alongside FDIC-insured accounts: Report
  Cointelegraph
  Reuters reported that Revolut plans to integrate stablecoins into its future US bank as more fintech and crypto companies chase federal banking approvals.
• Cardano Slumps to 5-Year Low Price as Charles Hoskinson Warns of 'Wave of Failures'
  Decrypt
  Founder Charles Hoskinson was brutally honest about the troubles the Cardano ecosystem could face as the market continues declining.
• Price predictions 6/3: BTC, ETH, BNB, XRP, SOL, HYPE, DOGE, ZEC, ADA, XLM
  Cointelegraph
  Bitcoin is at risk of a drop below $65,000, but buyers are expected to mount a strong defense as the price nears the crucial $60,000 level.
• Tether Debuts Tokenized Gold Stablecoin Visa Card That Pays Out Crypto Rewards
  Decrypt
  Holders will be able to do more with their gold, instantly spending Tether's tokenized version anywhere Visa is accepted.