WEMIX has suspended bridges connected to WEMIX3.0 after discovering that a contract related to WEMIX$was compromised, leading to the unauthorized issuance of approximately 5,225,525 WEMIX$. According to an announcement on July 27, 2026, the abnormal transaction occurred at 18:17 UTC+9, causing assets to be converted into 30,736 WEMIX and 724,198.27 USDC.e before being moved out…
Ever so slowly, the crackdown on harmful sexual deepfakes is taking hold. Over the past few months, US law enforcement officials have seized deepfake hosting websites, while the EU and UK have drawn up plans to ban “nudify” apps by the end of the year. Despite this, large tech companies are still pushing millions in…
Key Takeaways Local stablecoins complement USDT, cutting 100% of double foreign exchange conversions in regional trade. The CLARITY Act and Asian legislation will unlock institutional adoption over the next 12 to 24 months. Traditional Nostro accounts lock up $1B+ in Asian trade, driving Kaia to launch on-chain rails. The Friction of Foreign-Exchange Overhead For decades,…
South Korea’s Korea Exchange halted trading in KOSPI-listed shares for 20 minutes on July 28 after the benchmark fell 8.02% to 6,213.51. Summary 8.02% KOSPI drop triggered a 20-minute marketwide circuit breaker at 10:13 a.m. Tuesday in Seoul. SK Hynix ADRs closed at $143.02, below their $149 offering price for first time Monday. July 29…
Russia’s largest lender, Sberbank, plans to launch a regulated cryptocurrency trading infrastructure and digital asset depository by December 1, 2026, marking a major step in the country’s effort to integrate digital assets into its traditional financial system. The initiative follows the approval of Russia’s new cryptocurrency framework, which allows licensed financial institutions to provide crypto…
Weeks before its expected acquisition by SpaceX closes, AI coding startup Cursor is making its biggest push into India yet, launching its first country-specific subscription as the company bets on one of the world’s largest developer markets to drive its next stage of growth. On Monday, the startup introduced Cursor Start, a ₹649-a-month (about $7)…
“It seems a historical breakout is about to occur,” one analyst stated. Last week, the OG meme coin briefly tumbled under a key level, prompting analysts to warn that the bears might tighten their grip. However, the bulls managed to claw back part of the losses, and now DOGE is once again the subject…
Singapore-based crypto payments firm Triple-A says it remains fully capitalized and capable of meeting all liabilities after unauthorized access to wallets containing company-owned digital assets, emphasizing that customer funds were never at risk due to its segregated custody model. The company identified the incident on July 25, 2026, and said the breach affected only its…
Apple’s AI smart glasses may be arriving later than expected, and privacy appears to be one of the biggest reasons why. Apple is reportedly delaying the launch of its first smart glasses as the company works through privacy concerns surrounding camera-equipped AI wearables. According to Bloomberg’s Mark Gurman, Apple originally planned to introduce the glasses,…
Key Takeaways Michael Saylor explained that Strategy may fund STRC repurchases through MSTR stock sales or bitcoin sales. The company plans to adjust STRC repurchases according to market price and liquidity. Saylor’s objective centers on stronger liquidity, lower volatility, and sustainable independent demand for STRC. Why Saylor Anticipates More Bitcoin Sales Michael Saylor, Executive Chairman…
