🤑 SEC Filing Says Ripple Could Unlock More XRP if CLARITY Act Passes

The sentence appears in the prospectus section on XRP supply concentration and affiliated-party risk.

📝 It states that the company has indicated that, if regulatory clarity is established via passage of the CLARITY Act, it may release additional XRP from escrow to support on-ledger liquidity in stablecoin and FX pairs.

❗️The document is a disclosure prepared by Cryptex Finance, LLC, sponsor of the proposed fund. The SEC has not approved the registration statement; the filing is Pre-Effective Amendment No. 3, and the prospectus is marked subject to completion.

XRP Ledger escrows are time-locked at the protocol level. The prospectus conditions the escrow statement on regulatory clarity being established. XRP already holds a digital commodity classification administratively, which raises the question of what additional clarity passage would supply — a question the filing does not address. 🤔

#Stellar

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🤖 Amazon to Buy 2 Million Nvidia Chips for Data Center Build-Out

Amazon would deploy some 2 million of Nvidia’s high-end chips, which are designed to train and run AI models, in 2027 and 2028. That’s in addition to the 1 million Nvidia chips Amazon in March said that it would be installing in Amazon Web Services data centers, beginning this year.

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🇰🇷 South Korea’s top financial conglomerate team up with Visa to test stablecoin issuance and B2B settlements

Shinhan Financial Group (55550), one of South Korea’s five largest financial conglomerates, plans to build stablecoin infrastructure and develop AI-powered payment models alongside Visa. Shinhan intends to use Visa’s stablecoin platform to verify core functions, including issuance, remittance and redemption, while jointly designing a Korea-specific business model.

❗️The deal marks the first time a South Korean top-tier financial group formally adopts Visa's enterprise stablecoin infrastructure, to test a full domestic settlement stack.

🔜 Visa and Shinhan also plan to run pilot projects covering stablecoin integration into bank card payment settlement and the expansion of business-to-business (B2B) and business-to-customer (B2C) payments.

"We will combine Shinhan's financial capabilities with Visa's global infrastructure to jointly design new future finance models," — said Jin Ok-dong, chairman of Shinhan Financial Group.

The deal comes as South Korea advances its Digital Asset Basic Act, a broad framework covering stablecoins, VASP licensing and crypto ETFs. 🚀

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🤖 OpenAI Says It Could Have Reacted Sooner to Prevent AI Hack of Hugging Face

OpenAI could have reacted sooner to prevent an inadvertent hack that its AI models carried out on Hugging Face Inc., the company said in a report Wednesday.

📝 In the report, OpenAI said that it knew as far back as late May that AI models it was testing were leveraging a software vulnerability to access the open internet. An internal team spotted the actions, the company said.

The report includes a timeline of the events that led up to the breach and efforts the company is making to prevent such incidents from happening in the future, such as beefing up how it monitors its models in development.

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🦻Legato Unveils AI Hearing Glasses After Raising $12M

Legato emerged from stealth on Wednesday with $12 million in funding and a first look at Legato Frames, AI-powered hearing glasses that embed voice-separation technology into standard eyewear arms. The product is scheduled to ship later this fall.

Hearing loss affects an estimated 50 million adults in the U.S., but only around 20% of those with diagnosed hearing loss seek treatment. The pitch is to convert hearing care from a stigmatized medical purchase into a routine eyewear one.

“Our goal is to make hearing as ubiquitous as vision,” — Mehul Trivedi, Legato co-founder, said.

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🇷🇺 Russian Telecom Firms Set to Accept Digital Ruble Payments

MTS, Rostelecom and MegaFon are among the major Russian companies preparing to add the digital ruble as a payment option from September 1. The rollout comes as Russia begins requiring eligible large businesses to accept the central bank digital currency.

#BRICS

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🤖 IBM Completes Acquisition of HRL Laboratories to Accelerate the Future of Quantum

IBM has completed its acquisition of HRL Laboratories, a leading research and development institution whose expertise spans quantum computing, quantum sensing, advanced communications, electronics, manufacturing, and materials science.

🏆 The acquisition brings together two leading organizations with a shared commitment to advancing the frontiers of science and technology. HRL's expertise in silicon-spin qubits complements IBM's leadership in superconducting quantum computing.

HRL also brings capabilities in quantum sensing, quantum materials, cryogenics, control electronics, packaging, and interconnect technologies that are expected to strengthen IBM's quantum hardware roadmap and support continued innovation across the quantum technology stack.

IBM’s roadmap includes its fault-tolerant quantum computer IBM Quantum Starling, expected by 2029 to perform 100 million quantum operations and deliver significantly greater computational capability than today's quantum computers. Starling is expected to be followed by Blue Jay, IBM's next-generation fault-tolerant quantum computer, targeted for the mid-2030s. 🚀

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🤑 First quantum-resistant Bitcoin transaction successfully executed, StarkWare says

This development counters the idea that a network fork is the only way to secure bitcoin holdings against quantum computing risks.

⬇️ Avihu Levy, the head of StarkWare's applications division, has devised a method that adds an "extra lock" to protect holdings by using signature grinding to prevent use of public key data while transactions sit in the Bitcoin mempool.

🟠A Bitcoin transaction is exposed to quantum attacks when it waits in the mempool before it is confirmed. During this brief window, it reveals the mathematical material that could give a future quantum computer an opportunity to forge a signature and steal the funds.

🟠StarkWare says signature grinding closes that window by refusing to accept the first valid signature and instead brute-forcing millions of candidates until one has a shape that does not expose the public key material to quantum computers.

❗️This method is deliberately expensive, and can take hours of computing to produce a single transaction.

"There is a catch for now. Bitcoin's network only passes along transactions written in the standard formats it recognizes, and this one is unusual enough that ordinary nodes would simply ignore it," — the company said. "So instead of going into the public queue, it had to be handed straight to a miner willing to accept it."

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🤖 UAE Tycoon Al Ashram, MTN Agree to Build Africa AI Data Centers

MTN Group Ltd., Africa’s largest mobile-phone operator, and Dubai-based tycoon Tarek Al Ashram will develop data centers to power AI on the continent. Al Ashram, who is also the co-founder of KKR & Co.-backed Gulf Data Hub, will use his own investment firm to back the new Africa Data Hub Holding Ltd. venture.

“We see significant potential to bring our experience in developing and operating large-scale data centre platforms to African markets,” — said Al Ashram said. Africa Data Hub will “help shape that growth,” he said.

#BRICS

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🇺🇸 Trump releases a TikTok video in which he personally renames Lake Ontario “Lake America.”

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🖥 Nvidia agrees to buy Hugging Face for $12.9 billion

Nvidia has agreed to buy Hugging Face, a repository of open-source AI models, for $12.9 billion. A ‌deal of that size would mark one of Nvidia's largest acquisitions to date.

It would also give Nvidia control of Hugging Face — which ⁠hosts open-source large language models and datasets — at a time when builders ​of closed-source models such as Anthropic and OpenAI are seeking to create their own ​chips as an alternative to Nvidia's graphics processing units.

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🌌🌌🌌 🌌🌌🌌🌌🌌 5️⃣ 🌌🌌🌌🌌🌌 🎂🕯🎉

🔠 years of learning, sharing ideas, asking questions, and growing together.

Today, QSI is so much more than that. QSI became a community — shaped by people from different countries, with different stories, but a shared curiosity and a desire to discover what’s next.

5️⃣ years behind us. Here’s to the next chapter! 🚀

This is just the beginning. Thank you all for being part of the journey! 💫💝

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🤑 Ripple Prime Launches Delta One Business, Expanding Equity Derivatives Capabilities for Institutional Clients

Ripple announced the launch of its Delta One business within Ripple Prime, its global, multi-asset prime brokerage platform.

🔜 Ripple Prime’s Delta One offering is live and enables clients to execute Total Return Swaps across U.S.-listed equities, indices, and digital assets, tailored to the diverse investment horizons, risk mandates, and reporting requirements of hedge funds, asset managers, and other financial institutions.

❗️The Delta One launch marks a significant expansion of Ripple Prime’s capabilities within the equities market and complements its existing prime brokerage, clearing, and financing services across FX, derivatives, fixed income, and digital assets.

💸 Ripple Prime clients benefit from a single counterparty relationship and the ability to cross-margin exposures across these asset classes 24/7, providing efficient market access for institutional-scale trading programs.

“Clients can now access equities, FX, derivatives, fixed income, and digital asset prime brokerage, clearing, and financing all through a single counterparty that is built for the future of finance: cross-asset, structurally aligned, 24/7.

This is in line with what institutional market participants are asking for today, and we are proud to be the ones delivering it,” — said Noel Kimmel, President of Ripple Prime.

Single counterparty. Cross-margined. Structurally aligned. 24/7 🚀

#Stellar

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🇺🇸 Tempe turns off its Flock license plate reader system, citing privacy concerns and risk for 'misuse'

Tempe, Arizona, shut down its network of Flock Safety license plate readers and plans to terminate its contract with the surveillance company, citing privacy risks and cases of alleged misuse reported by other cities. The city said that it would not replace the system with technology from another provider. Tempe operated 33 Flock cameras.

"These cameras have helped our police officers do their jobs, and we don't discount that," — Mayor Corey Woods said. "But the risk of misuse is too great. We have to be able to provide public safety in a way that maintains the trust of our community. For Tempe, that means taking these cameras down."

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