
Ostium Lost Up to $24 Million to Prices That Didn't Exist Yet
An attacker hijacked Ostium's price oracle and traded on quotes from the future, draining between $18 million and $24 million from the Arbitrum DeFi exchange in about five minutes.

An attacker hijacked Ostium's price oracle and traded on quotes from the future, draining between $18 million and $24 million from the Arbitrum DeFi exchange in about five minutes.

Governor Pritzker signed a law forcing OpenAI, Anthropic, Google, Meta and xAI to hire independent auditors every year to check their models' safety. Violators face fines of up to $3 million.

Japan's government granted $2.4 billion to state-backed Noetra, which will build a data center powered by 27,500 Nvidia Rubin chips to train a homegrown AI model for robots and industry.

China's cyberspace regulator has cleared Apple Intelligence for local release, running on Alibaba's Qwen model instead of OpenAI. The approval ends a nearly two-year wait for Chinese iPhone owners.

America's central securities depository ran its first live trades in tokenized stocks, ETFs and Treasuries with JPMorgan, Goldman Sachs, BlackRock and Vanguard — real settlement on a blockchain, not a pilot.

Japan's parliament has finished its crypto overhaul: digital assets are now financial instruments, income tax drops to a flat 20%, and unregistered operators face up to 10 years in prison.

The US Treasury froze four Tron wallets holding $131 million in USDT tied to Iran's central bank, part of the ongoing Operation Economic Fury as Middle East tensions escalate.

The US and UK Treasuries released a ten-point roadmap aligning rules for tokenized securities and stablecoins, backed by the SEC, CFTC, FCA and Bank of England.

Governor Kathy Hochul signed an order freezing new permits for a year for data centers of 50 megawatts or more, citing strain on the power grid and the risk of higher utility bills for residents.

The European Central Bank has picked 36 banks and payment firms — from Deutsche Bank to Revolut — for a year-long digital euro test, aiming to push dollar stablecoins out of European payments.

The Senate is back with roughly a month to pass the CLARITY Act, America's crypto market structure bill. Talks are stuck on ethics rules aimed straight at Trump's own crypto earnings.

On July 13, US authorities moved nearly $288 million in seized bitcoin and ether to Coinbase Prime, instantly fueling speculation about a possible sale of the strategic reserve.

The UK Treasury handed Rachel Reeves a 12-month plan to move repo, bonds and funds onto blockchain rails. BlackRock, JPMorgan, Coinbase and Ripple are on board, with up to £33 billion in annual gains at stake by 2035.

Fresh US strikes on Iran and renewed fighting over the Strait of Hormuz sent bitcoin lower and dragged Asian markets down with it. Oil jumped toward $80 a barrel.

Japanese giant SBI Holdings, long seen as Ripple's closest ally in Asia, has struck a strategic partnership with Solana Foundation and renamed its R3 venture SBI Solana Global.

Stablecoin market cap has fallen nearly $10 billion since May, with June the worst month since Terra-Luna's 2022 collapse. USDT and USDC took the biggest hits, but analysts say this is no reason to panic.

The US Justice Department is ending a seven-year prosecution of BitClub Network's alleged mastermind days before trial. His legal team had direct ties to Trump's circle.

Apple has sued OpenAI and two former employees, accusing them of systematically stealing hardware secrets — including a message where an ex-engineer joked about still having network access after he quit.

A Reuters scoop reveals Meta's internal memo: Iris, its first in-house AI accelerator, enters mass production in September. Designed with Broadcom, built at TSMC, targeting 14 GW of compute by 2027.

Fed Chair Kevin Warsh created five task forces to revamp monetary policy. Marc Andreessen of a16z will co-lead the AI productivity panel alongside Stanford economist Charles Jones and Microsoft's Asha Sharma.