Crypto Digest by MINE.exchange (December 2

EU fines social network X €120 million for violating the Digital Services Act
The European Commission issued its first major penalty under the DSA, ordering X (formerly Twitter) to pay €120 million. Regulators accuse the platform of misleading “blue check” design, lack of ad transparency, and restricting researchers’ access to public data.
Cristiano Ronaldo acquires a stake in Perplexity AI
The football superstar has invested in Perplexity AI and will serve as its global ambassador. The startup is building a new-generation “answer engine” — a search alternative competing with ChatGPT and Google Gemini. A dedicated CR7 fan hub with AI-powered experiences is already in development.
Meta to cut metaverse funding by 30%
According to reports, Meta will redirect part of its budget away from metaverse projects toward AI development and advertising technologies. The company acknowledges that demand for VR/AR is growing slower than expected, while AI delivers faster returns.
IMF warns of global financial risks from stablecoins
A new IMF report warns that widespread adoption of stablecoins could accelerate currency substitution in high-inflation countries, complicate monetary policy, and threaten global financial stability without proper coordinated regulation.
Thailand seizes $8.6M worth of mining equipment
Authorities conducted nationwide raids against illegal mining operations, confiscating equipment valued at $8.6 million. Officials report that underground mining strains the power grid and is often used to avoid taxes.
AI helps create a device that converts lunar dust into energy
Engineers used an AI model to design a machine capable of extracting heat from lunar regolith and converting it into electricity. The technology is being considered as a potential energy source for future Moon bases.
Singapore launches a commercial quantum computer
The country unveiled its first commercially available quantum computing service. The system is aimed at solving advanced problems in finance, logistics, materials science, and cybersecurity — strengthening Singapore’s role as a leading tech hub in Asia.
Former SEC chair again calls most cryptocurrencies “highly speculative”
The former head of the U.S. Securities and Exchange Commission stated that the majority of tokens still lack fundamental value and rely heavily on speculative demand. He urged tighter oversight and warned investors about bubble-like risks in the crypto market.

Crypto Digest by MINE.exchange (December 2–8)