Since July 17, the UK has formally listed Iran's Revolutionary Guard Corps as a national security threat. Crypto exchanges and custodians now risk up to 14 years in prison for holding funds tied to the group.
The maker of Kimi K3, the model that rattled Asian markets and dented Nasdaq last week, is moving toward a Hong Kong listing. Its valuation has climbed nearly sevenfold in under two years, past $30 billion.
South Korea's financial watchdog has formally opened sanctions proceedings against Dunamu, Upbit's parent, over a $30 million hot-wallet hack from November. The law on punishing such breaches isn't even written yet.
Morgan Stanley has finished rolling out spot trading for bitcoin, ether and solana on E*TRADE, charging a flat 0.5% fee and custodying assets through Zero Hash, with external transfers still months away.
Databricks is raising a new round at a $188 billion valuation, up $54 billion from February. Coatue leads the round, with cash earmarked for enterprise AI tools.
Bank of America has named separate executives to run its digital-assets and AI-transformation businesses, treating crypto and artificial intelligence as permanent operations rather than pilot projects.
A year after the GENIUS Act was signed, not one of the eight required stablecoin rules is finished. Here's what that means for issuers and when the law actually takes full effect.
Consensys, the company behind MetaMask, unknowingly brought on a developer with alleged North Korean ties. For a month he worked on payment code — the exact layer where users' money moves through the wallet.
The Bank of England has cleared HSBC to go live in its digital securities sandbox. The bank has already issued nearly $5 billion in digital bonds and is now taking on Britain's first digital government bond.
France's gambling regulator ANJ has ordered internet providers to block Polymarket nationwide, after a 2024 payment ban failed to stop rising traffic to the prediction-market platform.
FTX's bankruptcy estate kicks off a fifth payout round worth nearly $900 million on July 31. Here's why recovery rates above 100% aren't actually a windfall for creditors.
Beijing's Moonshot AI released the 2.8-trillion-parameter Kimi K3, which topped Claude and GPT on a coding benchmark. Hours later, Asian chipmaker stocks slid and bitcoin dropped below $63,000.
Meta was set to finalize nearly 8,000 layoffs on July 22. Employees are suing, claiming an algorithm called Checkpoint helped pick who got cut without accounting for medical or parental leave.
The Wall Street market maker has taken its first-ever stake in Crypto.com — the exchange's first institutional funding round in a decade. The cash is earmarked for tokenized assets and derivatives.
Twenty-nine countries, including Russia, Kazakhstan and Pakistan, signed the charter of the World AI Cooperation Organization in Shanghai. No major US or European tech firms showed up for the signing.
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.