Crypto Digest by MINE.exchange (August 4

Meta loses landmark child safety case
A New Mexico court ordered Meta to pay $942 million and introduce new protections for underage users of Facebook and Instagram. Of this amount, $567 million will go to a fund supporting children harmed by the negative impact of social media.
EU regulators warn of a new wave of crypto scams
European regulators warned that after the implementation of MiCA, scammers may increasingly pose as licensed crypto companies. Users are advised to verify platform registrations and avoid projects using “EU regulation” as a marketing hook.
TikTok creator begins training one of the world’s largest AI models
ByteDance, the owner of TikTok, has started pre-training a closed AI model with up to 10 trillion parameters. According to the FT, the project could become one of the largest in the world and bring the company closer to the scale of leading U.S. AI labs.
U.S. Treasury expands sanctions against Iranian crypto exchanges
OFAC added Shelbit and Aban Tether to its sanctions list. U.S. authorities claim these platforms helped launder funds on behalf of the IRGC, with millions of dollars in digital assets allegedly passing through Shelbit.
SpaceX and Tesla to invest $17B in chip factory
Elon Musk’s companies selected Grimes County, Texas, to build Terafab. The first phase of investment will total $16.8 billion, and the plant will produce chips for Optimus robots, Cybercab robotaxis, and SpaceX orbital data centers.
Three men in the U.S. charged with attempting to seize Bitcoin by force
Prosecutors said Missouri residents planned to force a victim to transfer BTC allegedly stolen earlier in a theft worth hundreds of millions of dollars. All three were charged with conspiracy to commit robbery under the Hobbs Act and face up to 20 years in prison.
ChatGPT becomes the main AI tool used by the U.S. Congress
According to CNBC, ChatGPT accounted for around 88% of all AI service spending by the U.S. House of Representatives over the past year. Congressional offices use it to analyze bills, prepare memos, draft hearing materials, and respond to constituents.

Crypto Digest by MINE.exchange (August 4–10 2026)