Headlines

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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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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