A federal bank regulator has granted World Liberty Trust Co. a conditional bank charter. The Office of the Comptroller of the Currency, the U.S. banking agency that grants federal charters, said in a letter posted to its website that World Liberty could operate fiduciary and other trust company-related activities as a national trust bank.
📝 “The bank plans to issue USD1, a fiat currency-backed stablecoin, to institutional clients on a nationwide basis, assuming this role from BitGo Bank & Trust, National Association (BitGo), the current exclusive issuer and custodian for USD1,” the letter said.
“The bank plans to provide its digital asset custody services as a fiduciary, primarily to USD1 customers and other institutional clients.”
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A powerful new supercomputer that has recently been launched by the US Space Force is expected to tackle some of the nation’s most complex challenges across space, cyber operations and digital engineering. Capable of reaching processing speeds of 2.64 peak peta floating-point operations per second, Makau is designed to operate in an era of exponential data growth and accelerate technological innovation.
“By compressing data analysis timelines from weeks to seconds, Makau provides a definitive advantage, ensuring that our teams always have the right information precisely when they need it most,” — said John Marlia, MPHCC technical director.
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"For over half that time — the past 7,5 years — it's been one of the 10 most downloaded mobile apps in the world. A whole generation has grown up with it," — Pavel Durov wrote.
Happy birthday, Telegram!
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“We’re committed to building a new, state-of-the-art clean water recycling plant in Memphis that will recycle 10 million gallons of water each day. Work will restart in January 2027,” — SpaceXAI wrote.
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The company says that Ultrafast can work at 14x the speed of standard processing, delivering up to 750 output tokens — such tokens represent the distinct pieces of text generated by an LLM when it interacts with a human — per second.
“Until now, getting real-time speed typically meant choosing a smaller or more specialized model,” — the company said. “Ultrafast points to progress in a new direction: more useful work per second.”
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The chief executives of companies such as Coinbase, Ripple, Gemini, Robinhood, Polymarket and Kalshi are members of the new Innovation Advisory Committee at the CFTC, but before they attend their first committee meeting on Thursday, the crypto CEOs will gather for the White House meeting.
The Thursday afternoon meeting at the CFTC will dig into the group's innovation agenda. The opening session is entitled, "Crypto’s Regulatory Evolution: From Uncertainty to Clarity." One of the suggested topics is described as "the remaining challenges to a durable federal market structure."
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France's top court blocked a bill banning social media access for under-15s, saying it infringed upon freedom of expression. France's Constitutional Council found that the bill, while requiring everyone to give proof of age, failed "to specify the conditions and limits" under which it should be provided, as well as infringing on freedoms and privacy.
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Mitsubishi UFJ Financial Group (MUFG) is preparing a proof-of-concept for onchain Japanese government bond (JGB) transactions using the Canton network to expedite the settlement, which typically takes 1-3 days by traditional means.
“Given their high credit worthiness and liquidity, JGBs are widely used as collateral for repo transactions by market participants in Japan and overseas, and momentum for bringing them onchain is growing,” — MUFG said.
The project forms part of a broader array of MUFG initiatives exploring the use of blockchain technology in traditional financial functions.
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This marks the first country in Africa to activate the satellite-to-mobile service
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What happens when you pit AI agents against each other?
In one experiment, Anthropic gave three Claude agents access to the same software project, each with its own incompatible instructions for what to do with it. The agents weren’t told there’d be other agents working on the same project, so researchers could watch what happened when they crossed paths.
“We consistently saw a multiagent turf war,” — Anthropic researchers wrote. The models all assumed the others were “purposefully impeding their work” and started sabotaging each other with “increasingly aggressive, self-replicating malware.”
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In a post on X, SMQKE claimed that XRP, XLM, and HBAR will be used in connection with the Wyoming stablecoin, citing documents that show integrations involving the XRP Ledger, Stellar, and Hedera.
The Wyoming Stable Token Commission targets August 20, 2026 for WYST mainnet launch, advancing the next generation of the first US state-issued stablecoin program.
#Stellar
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The European Commission is ready to offer “eyes in the sky” via the Copernicus program, an observation system that can provide mapping services useful for search operations and damage assessments, to support Indonesian search and rescue operations after the country was hit by a 7.7 magnitude earthquake.
“Indonesia, we stand with you,” — von der Leyen said in a post on X.
At least 47 people were killed. Rescue operations are ongoing.
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