🚀 STARTRADER adds SK Hynix US listing to trading platform
STARTRADER has launched SK Hynix Inc. (SKHY) as a US Stock CFD on its platform, following the semiconductor company's recent US market debut. SK Hynix's US listing raised approximately $26.5 billion.
The move positions clients to access a key supplier of high-bandwidth memory critical to AI infrastructure. STARTRADER's decision to offer SKHY reflects its strategy of providing early access to significant new US listings as they attract institutional attention.
SK Hynix plays a central role in the AI acceleration supply chain, particularly in memory and bandwidth technologies that enable large-scale AI deployment. The company's entry into the US market marks a structural shift in how global AI infrastructure companies access American capital markets.
📰 Source: Finbold
#SKHynix #AIInfrastructure #Trading #SemiconductorSupply #USMarkets
STARTRADER has launched SK Hynix Inc. (SKHY) as a US Stock CFD on its platform, following the semiconductor company's recent US market debut. SK Hynix's US listing raised approximately $26.5 billion.
The move positions clients to access a key supplier of high-bandwidth memory critical to AI infrastructure. STARTRADER's decision to offer SKHY reflects its strategy of providing early access to significant new US listings as they attract institutional attention.
SK Hynix plays a central role in the AI acceleration supply chain, particularly in memory and bandwidth technologies that enable large-scale AI deployment. The company's entry into the US market marks a structural shift in how global AI infrastructure companies access American capital markets.
📰 Source: Finbold
#SKHynix #AIInfrastructure #Trading #SemiconductorSupply #USMarkets
🚨 Verus-Ethereum bridge drained of $7.54M in second exploit
A second attack on the Verus-Ethereum bridge in two months has resulted in a loss of $7.54 million, according to security firm Blockaid. The exploit leveraged the same vulnerability class that was used in a previous incident in May.
The recurring nature of the breach raises concerns about the bridge's security protocols and whether adequate patches were implemented following the initial compromise. Both incidents exploited the same fundamental flaw, suggesting insufficient remediation efforts.
At the time of reporting, ETH trades at $1,922.58 (+0.16% in 24h).
📰 Source: The Block
#Security #Ethereum #Bridge #Exploit #Verus
A second attack on the Verus-Ethereum bridge in two months has resulted in a loss of $7.54 million, according to security firm Blockaid. The exploit leveraged the same vulnerability class that was used in a previous incident in May.
The recurring nature of the breach raises concerns about the bridge's security protocols and whether adequate patches were implemented following the initial compromise. Both incidents exploited the same fundamental flaw, suggesting insufficient remediation efforts.
At the time of reporting, ETH trades at $1,922.58 (+0.16% in 24h).
📰 Source: The Block
#Security #Ethereum #Bridge #Exploit #Verus
🔧 Uber cuts 10% of customer service staff in AI efficiency drive
Uber has eliminated 10% of its customer service roles, directly attributing the cuts to artificial intelligence efficiency improvements. The reductions hit the company's community operations team, with remote workers also required to relocate to hub offices under a return-to-office mandate.
Megha Yethatika, Uber's VP of global community operations, said the organization had become "too complex and siloed" and needed a cleaner foundation to scale AI technology. The company stated it aims "to simplify operations, strengthen in-person collaboration, and continue to embrace AI." This marks Uber's second round of layoffs in under two months—following a 23% cut to its people division in June.
The move reflects a broader 2026 trend: AI was cited in 101,743 US job cut announcements through June, roughly 23% of all stated reasons, according to Challenger, Gray and Christmas. AI has led stated reasons for layoffs for four consecutive months. …
Uber has eliminated 10% of its customer service roles, directly attributing the cuts to artificial intelligence efficiency improvements. The reductions hit the company's community operations team, with remote workers also required to relocate to hub offices under a return-to-office mandate.
Megha Yethatika, Uber's VP of global community operations, said the organization had become "too complex and siloed" and needed a cleaner foundation to scale AI technology. The company stated it aims "to simplify operations, strengthen in-person collaboration, and continue to embrace AI." This marks Uber's second round of layoffs in under two months—following a 23% cut to its people division in June.
The move reflects a broader 2026 trend: AI was cited in 101,743 US job cut announcements through June, roughly 23% of all stated reasons, according to Challenger, Gray and Christmas. AI has led stated reasons for layoffs for four consecutive months. …
🚨 Crypto exploits surge to $36M; Verus bridge drained $8M
Security breaches across crypto networks have resulted in $36M in total losses, with the Verus bridge accounting for $8M of the damage. The incident underscores ongoing vulnerabilities in cross-chain bridge infrastructure.
The exploit raises renewed concerns about bridge security as the ecosystem continues to scale. Multi-chain adoption remains a priority for projects, yet bridge protocols continue to face significant technical and security challenges.
💰 BTC trading at $65,636 (−0.40% in 24h) | 24h volume: $23.6B
📰 Source: Crypto Briefing
#Security #CryptoExploit #Bridge #Verus #Bitcoin
Security breaches across crypto networks have resulted in $36M in total losses, with the Verus bridge accounting for $8M of the damage. The incident underscores ongoing vulnerabilities in cross-chain bridge infrastructure.
The exploit raises renewed concerns about bridge security as the ecosystem continues to scale. Multi-chain adoption remains a priority for projects, yet bridge protocols continue to face significant technical and security challenges.
💰 BTC trading at $65,636 (−0.40% in 24h) | 24h volume: $23.6B
📰 Source: Crypto Briefing
#Security #CryptoExploit #Bridge #Verus #Bitcoin
🚀 BloFin Wallet launches Visa card and perpetual trading
BloFin Wallet has introduced two major features: perpetual contract trading and a Visa debit card, positioning itself as an all-in-one financial platform for digital assets.
Users can now trade 100+ perpetual contracts directly within the wallet without moving funds to an exchange. The wallet also launched a Visa card with zero issuance and annual fees, supporting Apple Pay and Google Pay, allowing users to spend crypto anywhere Visa is accepted. Assets remain in user custody until the moment of purchase.
The updates reflect growing demand for unified platforms combining trading, holding, earning, and spending in one place. BloFin Wallet also offers an Earn product with 6%+ APY on idle assets.
📰 Source: BeInCrypto
#Crypto #Wallet #Visa #BloFin #DeFi
BloFin Wallet has introduced two major features: perpetual contract trading and a Visa debit card, positioning itself as an all-in-one financial platform for digital assets.
Users can now trade 100+ perpetual contracts directly within the wallet without moving funds to an exchange. The wallet also launched a Visa card with zero issuance and annual fees, supporting Apple Pay and Google Pay, allowing users to spend crypto anywhere Visa is accepted. Assets remain in user custody until the moment of purchase.
The updates reflect growing demand for unified platforms combining trading, holding, earning, and spending in one place. BloFin Wallet also offers an Earn product with 6%+ APY on idle assets.
📰 Source: BeInCrypto
#Crypto #Wallet #Visa #BloFin #DeFi
🚀 SpaceX delays Starship Flight 13 to Friday due to weather
SpaceX has rescheduled the 13th flight test of Starship to Friday, July 24, at 5:45 p.m. CT from Starbase, Texas. Weather conditions on Thursday prevented ground tracking of the vehicle's heat shield during ascent—a critical data point for the reusable rocket program.
This marks the second delay for Flight 13. Engineers aborted a July 16 attempt after multiple Raptor engines on the Super Heavy booster misfired at ignition. The rescheduled window aims to capture clear ground imagery of the heat shield at higher dynamic pressure, essential for validating the vehicle's design.
Key objectives for Friday include stage separation, booster boostback burn, and deployment of 20 Starlink V3 satellites. Six of those satellites carry cameras to photograph heat shield performance during reentry. SpaceX stock (SPCX) fell 1.73% in after-hours trading following the delay announcement.
📰 Source: BeInCrypto
#SpaceX #Starship #Starlink #Space #SPCX
SpaceX has rescheduled the 13th flight test of Starship to Friday, July 24, at 5:45 p.m. CT from Starbase, Texas. Weather conditions on Thursday prevented ground tracking of the vehicle's heat shield during ascent—a critical data point for the reusable rocket program.
This marks the second delay for Flight 13. Engineers aborted a July 16 attempt after multiple Raptor engines on the Super Heavy booster misfired at ignition. The rescheduled window aims to capture clear ground imagery of the heat shield at higher dynamic pressure, essential for validating the vehicle's design.
Key objectives for Friday include stage separation, booster boostback burn, and deployment of 20 Starlink V3 satellites. Six of those satellites carry cameras to photograph heat shield performance during reentry. SpaceX stock (SPCX) fell 1.73% in after-hours trading following the delay announcement.
📰 Source: BeInCrypto
#SpaceX #Starship #Starlink #Space #SPCX
🚨 July 23 'Hackers' Day': $35.5M Lost Across Three DeFi Protocols
Three major DeFi protocols suffered security breaches on July 23, losing a combined $35.5 million within six hours. AFX Trade lost $24.15M, Verus Ethereum Bridge lost $7.54M, and B² Network lost $3.86M. Attackers exploited cross-chain bridge infrastructure and off-chain verification systems rather than the underlying blockchains themselves.
The incidents underscore that security threats extend beyond smart contracts to supporting infrastructure layers. As crypto ecosystems become more interconnected, protecting users requires stronger infrastructure resilience, transparent reserves, and coordinated industry standards across platforms and developers.
Industry responses increasingly include independent security audits, bug bounty programs, proof of reserves, and protection funds—mechanisms designed to strengthen overall ecosystem security standards.
💰 BTC $65,424 (-0.002% in 24h) | ETH $1,894.12 (-1.11% in 24h)
📰 Source: BeInCrypto …
Three major DeFi protocols suffered security breaches on July 23, losing a combined $35.5 million within six hours. AFX Trade lost $24.15M, Verus Ethereum Bridge lost $7.54M, and B² Network lost $3.86M. Attackers exploited cross-chain bridge infrastructure and off-chain verification systems rather than the underlying blockchains themselves.
The incidents underscore that security threats extend beyond smart contracts to supporting infrastructure layers. As crypto ecosystems become more interconnected, protecting users requires stronger infrastructure resilience, transparent reserves, and coordinated industry standards across platforms and developers.
Industry responses increasingly include independent security audits, bug bounty programs, proof of reserves, and protection funds—mechanisms designed to strengthen overall ecosystem security standards.
💰 BTC $65,424 (-0.002% in 24h) | ETH $1,894.12 (-1.11% in 24h)
📰 Source: BeInCrypto …
💰 UK healthtech TidalSense raises $19M to scale AI lung disease test
TidalSense, a Cambridge-based healthtech startup, has closed a $19M funding round to expand its AI-powered respiratory diagnosis technology across the NHS and into Europe and the US.
The startup's N-Tidal Diagnose device reduces COPD (chronic obstructive pulmonary disease) testing from one hour to under five minutes. Patients breathe into a handheld device for 75 seconds, and AI models trained on 2.5M+ patient breaths analyse the CO₂ waveform to detect the disease. Clinicians can now see four to six patients per hour versus one with traditional spirometry.
COPD affects nearly two million people in the UK and is the nation's third leading cause of death, killing around 30,000 annually and costing the NHS £1.9B yearly. The round includes investment from Cross-Border Impact Ventures, BGF, Airstream Capital, and Foresight Group. TidalSense has raised $40M total since its 2013 founding, including $11M in grants.
📰 Source: Tech.eu …
TidalSense, a Cambridge-based healthtech startup, has closed a $19M funding round to expand its AI-powered respiratory diagnosis technology across the NHS and into Europe and the US.
The startup's N-Tidal Diagnose device reduces COPD (chronic obstructive pulmonary disease) testing from one hour to under five minutes. Patients breathe into a handheld device for 75 seconds, and AI models trained on 2.5M+ patient breaths analyse the CO₂ waveform to detect the disease. Clinicians can now see four to six patients per hour versus one with traditional spirometry.
COPD affects nearly two million people in the UK and is the nation's third leading cause of death, killing around 30,000 annually and costing the NHS £1.9B yearly. The round includes investment from Cross-Border Impact Ventures, BGF, Airstream Capital, and Foresight Group. TidalSense has raised $40M total since its 2013 founding, including $11M in grants.
📰 Source: Tech.eu …
🚀 Y Combinator's Scape raises $3.2M to reimagine email for professionals
Swedish startup Scape has emerged from stealth with $3.2 million in funding to build an AI-powered email inbox. The two 23-year-old co-founders, Melvin Hagberg and Elis Hodzic, secured backing from Y Combinator, General Catalyst, and FundersClub, alongside investors including former Spotify CMO Sophia Bendz and operators from OpenAI, Google, and Meta.
Scape addresses a fundamental problem: the email interface has remained largely unchanged for 25 years. The platform proactively drafts responses, surfaces priority emails, and can even create or edit attachments—all within a single interface. It learns continuously from a user's inbox and integrated meeting notes to anticipate what work needs attention.
The team of five is based in Stockholm and plans to expand engineering and product roles. Early access is available at scape.app.
📰 Source: tech.eu
#YCombinator #AI #Startups #Email #Stockholm
Swedish startup Scape has emerged from stealth with $3.2 million in funding to build an AI-powered email inbox. The two 23-year-old co-founders, Melvin Hagberg and Elis Hodzic, secured backing from Y Combinator, General Catalyst, and FundersClub, alongside investors including former Spotify CMO Sophia Bendz and operators from OpenAI, Google, and Meta.
Scape addresses a fundamental problem: the email interface has remained largely unchanged for 25 years. The platform proactively drafts responses, surfaces priority emails, and can even create or edit attachments—all within a single interface. It learns continuously from a user's inbox and integrated meeting notes to anticipate what work needs attention.
The team of five is based in Stockholm and plans to expand engineering and product roles. Early access is available at scape.app.
📰 Source: tech.eu
#YCombinator #AI #Startups #Email #Stockholm
📊 XRP drops as oil and bond yields tighten financial conditions
XRP fell 2.1% in 24 hours to $1.11 as rising oil prices and elevated U.S. Treasury yields triggered broad risk-off selling across crypto and equities. When crude jumps and the 10-year yield climbs, inflation expectations rise and discount rates on volatile assets compress—a macro headwind that hits altcoins like XRP harder than Bitcoin.
The pattern is consistent: oil volatility (Brent near $76.30, WTI at $72.08 in early July) and Treasury yields pushing toward 4.567% signal tightening financial conditions. Capital rotates from high-beta assets into safer havens. Crypto desks respond by trimming exposure, with XRP typically leading alt declines on stress days.
Bitcoin traded at $65,387 (-0.48% in 24h), setting the macro tone. Traders watching XRP should monitor Brent/WTI direction, 10-year yield trajectory, and derivatives funding rates—quick shifts can signal leverage unwinds and deeper moves. …
XRP fell 2.1% in 24 hours to $1.11 as rising oil prices and elevated U.S. Treasury yields triggered broad risk-off selling across crypto and equities. When crude jumps and the 10-year yield climbs, inflation expectations rise and discount rates on volatile assets compress—a macro headwind that hits altcoins like XRP harder than Bitcoin.
The pattern is consistent: oil volatility (Brent near $76.30, WTI at $72.08 in early July) and Treasury yields pushing toward 4.567% signal tightening financial conditions. Capital rotates from high-beta assets into safer havens. Crypto desks respond by trimming exposure, with XRP typically leading alt declines on stress days.
Bitcoin traded at $65,387 (-0.48% in 24h), setting the macro tone. Traders watching XRP should monitor Brent/WTI direction, 10-year yield trajectory, and derivatives funding rates—quick shifts can signal leverage unwinds and deeper moves. …
🤝 US State Department names Bitcoin Policy Institute as founding partner
The Bitcoin Policy Institute (BPI) has been named a founding partner in the U.S. State Department's Freedom Tech Excellence Program (FTEP), launched July 24. The initiative brings private-sector experts into temporary diplomatic roles to support digital freedom and emerging technology projects.
BPI will focus on online freedom of expression, privacy-enhancing technologies, countering digital surveillance, and responsible AI governance. The move reflects Washington's growing recognition of Bitcoin's role in foreign policy, part of a broader effort to establish the U.S. as a leader in digital assets—including Trump's March 2025 executive order establishing a Strategic Bitcoin Reserve.
The announcement comes amid market pressure, with BTC trading at $64,042 (−2.1% in 24h). Institutional investors withdrew $1.67B from crypto funds in the week ending June 1, with Bitcoin products accounting for $1.44B in outflows. …
The Bitcoin Policy Institute (BPI) has been named a founding partner in the U.S. State Department's Freedom Tech Excellence Program (FTEP), launched July 24. The initiative brings private-sector experts into temporary diplomatic roles to support digital freedom and emerging technology projects.
BPI will focus on online freedom of expression, privacy-enhancing technologies, countering digital surveillance, and responsible AI governance. The move reflects Washington's growing recognition of Bitcoin's role in foreign policy, part of a broader effort to establish the U.S. as a leader in digital assets—including Trump's March 2025 executive order establishing a Strategic Bitcoin Reserve.
The announcement comes amid market pressure, with BTC trading at $64,042 (−2.1% in 24h). Institutional investors withdrew $1.67B from crypto funds in the week ending June 1, with Bitcoin products accounting for $1.44B in outflows. …
📊 Ethereum ETF inflows surge past Bitcoin as Wall Street shifts
Ethereum spot ETFs pulled in $103.9 million in the week ending July 24, marking their third consecutive week of positive inflows and outpacing all rival crypto ETFs by a wide margin.
Bitcoin ETFs tell a different story. Weekly inflows shrank from $197 million to $75.6 million to $33.79 million, with two negative daily prints shedding $225 million on July 23 and $240 million on July 24. Trading volume fell to roughly $8 billion, the lowest since mid-April 2025.
Among smaller altcoin funds, XRP led with $8 million in inflows (its largest in three weeks), while SOL drew $7 million and LINK added $3 million. Hyperliquid (HYPE) ETFs stood alone with $8.6 million in outflows—a second straight weekly decline—with assets down 18% from a July 10 peak.
💰 ETH $1,855.38 (−1.67% in 24h) | BTC $63,901 (−1.81%)
📰 Source: BeInCrypto
#Ethereum #ETH #Bitcoin #CryptoETF #WallStreet
Ethereum spot ETFs pulled in $103.9 million in the week ending July 24, marking their third consecutive week of positive inflows and outpacing all rival crypto ETFs by a wide margin.
Bitcoin ETFs tell a different story. Weekly inflows shrank from $197 million to $75.6 million to $33.79 million, with two negative daily prints shedding $225 million on July 23 and $240 million on July 24. Trading volume fell to roughly $8 billion, the lowest since mid-April 2025.
Among smaller altcoin funds, XRP led with $8 million in inflows (its largest in three weeks), while SOL drew $7 million and LINK added $3 million. Hyperliquid (HYPE) ETFs stood alone with $8.6 million in outflows—a second straight weekly decline—with assets down 18% from a July 10 peak.
💰 ETH $1,855.38 (−1.67% in 24h) | BTC $63,901 (−1.81%)
📰 Source: BeInCrypto
#Ethereum #ETH #Bitcoin #CryptoETF #WallStreet
❤1
💰 High school coder sells Telegram NFT for $20,000
Jonathan He, a US high school student who placed seventh at the 2026 International Olympiad in Informatics, sold his Telegram Algorithm Cup NFT for 15,000 Grams—worth approximately $20,400. The sale price was roughly 40 times the average value Telegram guaranteed for the 235 prize-winning medals.
Telegram promised 235 medalists a combined $117,000 in Algorithm Cups, averaging close to $500 per collectible. He competes for Team USA and interns as an engineer at trading firm Liquid.
Pavel Durov, Telegram's founder, highlighted the sale on his channel, calling it "seed money" and urging other winners to build startups with their earnings. Durov noted that $20,000was enough to launch his first company 20 years ago, which reached 1M users and raised $12M.
💰 GRAM traded near $1.36 on the day of sale
📰 Source: BeInCrypto
#Telegram #NFT #TON #GRAM #Crypto
Jonathan He, a US high school student who placed seventh at the 2026 International Olympiad in Informatics, sold his Telegram Algorithm Cup NFT for 15,000 Grams—worth approximately $20,400. The sale price was roughly 40 times the average value Telegram guaranteed for the 235 prize-winning medals.
Telegram promised 235 medalists a combined $117,000 in Algorithm Cups, averaging close to $500 per collectible. He competes for Team USA and interns as an engineer at trading firm Liquid.
Pavel Durov, Telegram's founder, highlighted the sale on his channel, calling it "seed money" and urging other winners to build startups with their earnings. Durov noted that $20,000was enough to launch his first company 20 years ago, which reached 1M users and raised $12M.
💰 GRAM traded near $1.36 on the day of sale
📰 Source: BeInCrypto
#Telegram #NFT #TON #GRAM #Crypto
⚖️ US insurers face probe over $16B in retirement funds in private loans
Delaware Life Insurance Company relabeled $16.4 billion in investments this year, placing the funds in private loans tied to affiliated companies. Federal prosecutors and SEC investigators are now examining whether these loans should have been flagged as related-party transactions.
The money originated from annuities and life insurance policies sold to ordinary savers, most of whom are unaware of the underlying investments. Delaware Life restated related-party investments from approximately $1.3 billion to $18 billion following grand jury subpoenas served in February. Credit rating agencies A.M. Best, S&P, and Fitch have assigned Delaware Life an A-minus grade with negative outlooks.
The shift reflects a broader trend: private equity firms now own 137 insurers as of end-2024, up from 90 in 2018, holding $704.3 billion collectively. …
Delaware Life Insurance Company relabeled $16.4 billion in investments this year, placing the funds in private loans tied to affiliated companies. Federal prosecutors and SEC investigators are now examining whether these loans should have been flagged as related-party transactions.
The money originated from annuities and life insurance policies sold to ordinary savers, most of whom are unaware of the underlying investments. Delaware Life restated related-party investments from approximately $1.3 billion to $18 billion following grand jury subpoenas served in February. Credit rating agencies A.M. Best, S&P, and Fitch have assigned Delaware Life an A-minus grade with negative outlooks.
The shift reflects a broader trend: private equity firms now own 137 insurers as of end-2024, up from 90 in 2018, holding $704.3 billion collectively. …
⚖️ Sony, Warner sue Anthropic over torrented music in Claude training
Sony Music Publishing and Warner Chappell Music filed a lawsuit against Anthropic on Friday, alleging the company used BitTorrent to download unlicensed music and songbooks for Claude's training. The complaint identifies two sources: roughly 5 million books from Library Genesis (June 2021) and 2 million from Pirate Library Mirror (July 2022).
The publishers claim sheet music and songbooks were embedded in those collections, alongside lyrics scraped from Musixmatch and LyricFind. They describe it as "one of the largest and most blatant ongoing thefts of intellectual property in history."
While Anthropic survived an earlier copyright case over book scanning, torrenting carries legal risk—BitTorrent uploads while downloading, spreading copies. The publishers seek up to $150,000 per song for willful infringement. Two counts name executives Dario Amodei and Benjamin Mann individually.
📰 Source: BeInCrypto …
Sony Music Publishing and Warner Chappell Music filed a lawsuit against Anthropic on Friday, alleging the company used BitTorrent to download unlicensed music and songbooks for Claude's training. The complaint identifies two sources: roughly 5 million books from Library Genesis (June 2021) and 2 million from Pirate Library Mirror (July 2022).
The publishers claim sheet music and songbooks were embedded in those collections, alongside lyrics scraped from Musixmatch and LyricFind. They describe it as "one of the largest and most blatant ongoing thefts of intellectual property in history."
While Anthropic survived an earlier copyright case over book scanning, torrenting carries legal risk—BitTorrent uploads while downloading, spreading copies. The publishers seek up to $150,000 per song for willful infringement. Two counts name executives Dario Amodei and Benjamin Mann individually.
📰 Source: BeInCrypto …
🚨 Cronos halts blockchain after $75M Tectonic exploit
Cronos validators stopped the entire blockchain on Sunday following an exploit that drained Tectonic, the largest lending protocol on the network. Researcher Weilin Li estimates the total loss at approximately $75 million, with only $6 million reaching Ethereum before the network froze.
Crypto.com confirmed its app and exchange remained unaffected and operational. Approximately $60 million of the stolen funds remain stranded on Cronos—about 91% of the total haul. Tectonic held $121.6 million, representing 46% of all DeFi value on the chain.
Unlike recent exploits on other chains that proceeded despite attacks, Cronos' Tendermint architecture with 100 validators enabled a coordinated network halt. The outcome now depends on validator decisions: whether to roll back the chain, blacklist the attacker, or restart untouched. A similar bridge exploit on BNB Chain in October 2022 resulted in recovery of close to $470 million of $570 million minted. …
Cronos validators stopped the entire blockchain on Sunday following an exploit that drained Tectonic, the largest lending protocol on the network. Researcher Weilin Li estimates the total loss at approximately $75 million, with only $6 million reaching Ethereum before the network froze.
Crypto.com confirmed its app and exchange remained unaffected and operational. Approximately $60 million of the stolen funds remain stranded on Cronos—about 91% of the total haul. Tectonic held $121.6 million, representing 46% of all DeFi value on the chain.
Unlike recent exploits on other chains that proceeded despite attacks, Cronos' Tendermint architecture with 100 validators enabled a coordinated network halt. The outcome now depends on validator decisions: whether to roll back the chain, blacklist the attacker, or restart untouched. A similar bridge exploit on BNB Chain in October 2022 resulted in recovery of close to $470 million of $570 million minted. …
📊 Saylor signals MicroStrategy may resume Bitcoin buying
Michael Saylor posted "We're Back" after a 10-week pause in MicroStrategy's Bitcoin acquisitions. The signal comes as three financial metrics have shifted in the company's favor.
MicroStrategy's dollar reserves ($6.69B) now nearly match its convertible debt ($6.71B), reducing net leverage to 0.1%—a threshold that previously constrained BTC purchases. The company last bought Bitcoin on June 22, acquiring 520 BTC at $67,068. August brought $3.28B in fresh capital, directed entirely to cash reserves for dividend payments.
The company's preferred shares (STRC) have rallied from a 12-month low of $71.25 to $97.33, approaching the $100 par value. Below par, the shares drain capital that could fund Bitcoin buys. With $400.7M paid in preferred dividends in Q2 alone, the nearing-par status signals reduced pressure on cash flows.
Saylor paired his post with a chart of 840,447 BTC worth $65.72B. Weekly purchase reports are expected August 31. …
Michael Saylor posted "We're Back" after a 10-week pause in MicroStrategy's Bitcoin acquisitions. The signal comes as three financial metrics have shifted in the company's favor.
MicroStrategy's dollar reserves ($6.69B) now nearly match its convertible debt ($6.71B), reducing net leverage to 0.1%—a threshold that previously constrained BTC purchases. The company last bought Bitcoin on June 22, acquiring 520 BTC at $67,068. August brought $3.28B in fresh capital, directed entirely to cash reserves for dividend payments.
The company's preferred shares (STRC) have rallied from a 12-month low of $71.25 to $97.33, approaching the $100 par value. Below par, the shares drain capital that could fund Bitcoin buys. With $400.7M paid in preferred dividends in Q2 alone, the nearing-par status signals reduced pressure on cash flows.
Saylor paired his post with a chart of 840,447 BTC worth $65.72B. Weekly purchase reports are expected August 31. …
🔧 OpenAI bulks up hardware: acquires thousands of Mac minis and Studios
OpenAI has acquired thousands of Mac minis and Mac Studios for AI training, according to The Information. The move signals the company's strategy to diversify its computing infrastructure beyond traditional data center resources.
The hardware expansion reflects OpenAI's ongoing effort to scale AI development capabilities. Mac-based systems could support specific workloads or provide cost-effective alternatives for certain training tasks.
The acquisition underscores a broader industry trend: leading AI labs are building diverse hardware ecosystems to optimize performance and efficiency across different model architectures and training phases.
📰 Source: The Information (via Crypto Briefing)
#OpenAI #AI #Hardware #MacStudio #Tech
OpenAI has acquired thousands of Mac minis and Mac Studios for AI training, according to The Information. The move signals the company's strategy to diversify its computing infrastructure beyond traditional data center resources.
The hardware expansion reflects OpenAI's ongoing effort to scale AI development capabilities. Mac-based systems could support specific workloads or provide cost-effective alternatives for certain training tasks.
The acquisition underscores a broader industry trend: leading AI labs are building diverse hardware ecosystems to optimize performance and efficiency across different model architectures and training phases.
📰 Source: The Information (via Crypto Briefing)
#OpenAI #AI #Hardware #MacStudio #Tech
🌐 ECB to issue euros on blockchain, positioning against stablecoins
The European Central Bank is moving to issue euros directly onto blockchain through its Pontes project, launching in September 2026. ECB Executive Board member Isabel Schnabel argued at Jackson Hole that central bank money—not private stablecoins—should back tokenized settlement systems.
Schnabel's case is rooted in financial stability. While stablecoins can be safe, their issuers cannot expand money supply during panics like central banks can. Dollar-pegged stablecoins circulate $304 billion globally, yet euro-pegged tokens hold under $1 billion. The ECB wants to prevent European settlement from defaulting to dollars.
Pontes will link TARGET Services (the eurozone's settlement backbone) to blockchain platforms for atomic settlement in central bank money. A 2024 pilot involved 64 institutions across nine jurisdictions settling €1.6 billion. Smart contracts and 24/7 operation come later. …
The European Central Bank is moving to issue euros directly onto blockchain through its Pontes project, launching in September 2026. ECB Executive Board member Isabel Schnabel argued at Jackson Hole that central bank money—not private stablecoins—should back tokenized settlement systems.
Schnabel's case is rooted in financial stability. While stablecoins can be safe, their issuers cannot expand money supply during panics like central banks can. Dollar-pegged stablecoins circulate $304 billion globally, yet euro-pegged tokens hold under $1 billion. The ECB wants to prevent European settlement from defaulting to dollars.
Pontes will link TARGET Services (the eurozone's settlement backbone) to blockchain platforms for atomic settlement in central bank money. A 2024 pilot involved 64 institutions across nine jurisdictions settling €1.6 billion. Smart contracts and 24/7 operation come later. …
🤝 Zoomex hosts 'Trade the Tide' at Coinfest Asia 2026
Zoomex, a global cryptocurrency derivatives exchange, successfully concluded its official side event at Coinfest Asia 2026 on August 20 at Tropical Temptation Beach Club in Bali. As a Gold Sponsor, the platform engaged directly with traders, builders, and regional ecosystem partners from Southeast Asia.
The centerpiece was a mini roundtable titled "Trading the Next Tide: Trust, Speed and the Next Wave of SEA Adoption," moderated by Christian (@christianvctrs) and featuring Zoomex Marketing Director Fernando Lillo, crypto educator Michael Wyann, and trader Andy Tjoeng. Discussions centered on user trust, execution speed, and localized market engagement. …
Zoomex, a global cryptocurrency derivatives exchange, successfully concluded its official side event at Coinfest Asia 2026 on August 20 at Tropical Temptation Beach Club in Bali. As a Gold Sponsor, the platform engaged directly with traders, builders, and regional ecosystem partners from Southeast Asia.
The centerpiece was a mini roundtable titled "Trading the Next Tide: Trust, Speed and the Next Wave of SEA Adoption," moderated by Christian (@christianvctrs) and featuring Zoomex Marketing Director Fernando Lillo, crypto educator Michael Wyann, and trader Andy Tjoeng. Discussions centered on user trust, execution speed, and localized market engagement. …