Headlines

Brazil police seize $1B in assets in crypto-linked drug laundering case

Brazil has launched a nationwide operation targeting an alleged transnational drug trafficking and money laundering network that investigators say used crypto brokers, shell companies and luxury assets to conceal up to R$1 billion in illicit proceeds. Summary Brazil has launched a nationwide operation targeting an alleged drug trafficking and money laundering network that investigators say…

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This Is Donald Trump’s AI Brain Trust

He assumed the job last week after his predecessor, Chris Fall, abruptly resigned after spending weeks trying to get Anthropic to add stronger safeguards to prevent jailbreaks of its most powerful Fable 5 model. CAISI staff were in meetings with Anthropic’s technical teams for weeks as both sides hammered out new safeguards that were deemed…

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KB Kookmin Bank taps Kinexys. Why is the partnership significant for blockchain payments?

KB Kookmin Bank has expanded its blockchain strategy by preparing to launch a Kinexys-powered cross-border corporate payment service next month, becoming the first South Korean bank to use J.P. Morgan’s blockchain payment network for trade settlements. Summary KB Kookmin Bank plans to launch South Korea’s first Kinexys powered blockchain payment service for corporate trade settlements…

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Ripple (XRP) News and Price Update: July 27

Ripple expanded its stablecoin infrastructure as XRP ETFs reached a new milestone, while the token struggled to hold its latest recovery. Ripple and the wider XRP ecosystem saw several noteworthy developments over the past few days. These included, but are not limited to, a new institutional platform for the RLUSD stablecoin, an investment in…

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