Headlines

Joseph Rees

China Says It Cracked the Chipmaking Tech the West Spent Billions Trying to Keep From It

Key Takeaways Chinese Academy hit 3.42% EUV efficiency in 2025, narrowing ASML’s chipmaking lead. ASML’s 2019 China ban still limits sub-7nm chips, pushing domestic EUV efforts toward 2028. Alibaba unveiled 2.4T-parameter Qwen3.8 as T-Head expands post-CUDA AI tools in 2026. The most valuable bottleneck in advanced chipmaking is the EUV light source, and for years…

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How Myanmar’s Anti-Scam Law Clamps Down on Gangs Forcing Victims Into Crypto Fraud

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For thousands of job seekers lured across borders with promises of tech employment, Southeast Asia’s lucrative crypto scam industry is, in reality, a hostage situation. Criminal syndicates operating inside Myanmar routinely traffic foreign workers, confiscate…

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Mastercard Closes $1.8B BVNK Deal in Stablecoin Payments Bet

Key Takeaways Mastercard completed its BVNK deal, valued up to $1.8B. BVNK adds stablecoin rails across Mastercard’s 17B endpoints, pressuring global payment rivals. BVNK clients stay unchanged as Mastercard integrates wallets, cards, and 24/7 settlement. Mastercard to Link Stablecoins to 17B Global Payment Network Mastercard has completed its acquisition of BVNK, turning one of the…

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Gorriceta, Quanby to Launch NotarioPH for AI and Blockchain-backed E-Notarization in PH

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. You’ll soon be able to legally notarize documents in the Philippines without leaving your desk For anyone who has ever needed a legal document notarized in the Philippines, the process could be notoriously inconvenient depending…

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US and UK Reveal Digital Asset Plan to Modernize Finance

Key Takeaways U.S. and UK regulators expanded cooperation on digital assets. Officials reviewed crypto rules, tokenization, AI, and payments. The countries plan comparable standards for stablecoins and similar financial risks. Regulators Expand Their Transatlantic Digital Asset Agenda The U.S. Department of the Treasury published a joint statement on Aug. 4 summarizing discussions from the July…

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Strategy Bets on Trump Accounts to Mint the Next Investor Class

Key Takeaways Strategy will add $250 yearly to eligible employees’ children’s accounts. Strategy will match the Treasury’s $1,000 seed for qualifying newborns. Strategy’s program starts after Treasury finalizes employer guidance. The Tysons Corner, Virginia-based company told the public on Wednesday that it will deposit $250 annually for every eligible child under 18, regardless of the…

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