Headlines

WEMIX freezes bridges after owner-key breach mints 5.23M WEMIX$

WEMIX confirmed that an attacker took control of owner privileges linked to its WEMIX$ stablecoin contract on July 26. Summary Compromised owner privileges allowed an attacker to mint approximately 5.23 million new WEMIX$ without authorization. WEMIX suspended bridges, liquidity pools and related services while exchanges traced and froze suspect funds. The incident follows WEMIX’s 2025…

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Making sense of the panic over Chinese AI

The launch of the latest AI model from a Chinese company — Moonshot AI’s Kimi — reignited debates around American competitiveness and open versus proprietary AI. While there was plenty of conversation on social media, it seems the debate is also happening behind the scenes in Washington, D.C., where OpenAI and Anthropic have reportedly lobbied…

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Tokenized Cows in Brazil, El Salvador’s Remittance Reality, and Argentina’s Crypto Bill

Key Takeaways A Brazilian farm secured a $20K loan using tokenized cows as collateral, boosting value by reducing risk. Crypto comprises just 0.7% of El Salvador’s 2026 remittances as citizens stick to traditional channels. An Argentine bill proposes letting funds buy crypto and tokenize securities, unlocking billions in demand. From Pasture to Blockchain: How Tokenized…

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Binance Founder CZ Is Scheduled to Join an ASEAN Tech Summit Fireside Chat

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Binance founder Changpeng Zhao is slated to participate in a fireside chat at the upcoming ASEAN Tech Summit Manila, according to a social media statement by FinTech Alliance.PH Founding Chairman Lito Villanueva. Villanueva stated he…

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