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Ajinomoto raises AI chip-film prices 30% as profit jumps 127%
Ajinomoto (TYO: 2802), the 117-year-old Japanese maker of MSG, which also produces the film that insulates nearly every advanced AI chip, has raised its prices by about 30%. The company has also lifted its full-year forecast after it experienced a 127% increase in its quarterly revenue. How did Ajinomoto become critical to AI technology? Ajinomoto,...Cryptopolitan
Sat, Aug 8
Bybit launches lawsuit against North Korean hackers as recovery nears $80M
Bybit has taken the February 2025 theft of $1.5 billion in crypto to a US courtroom, filing a civil lawsuit against North Korea and the Lazarus Group. So far, it has won a preliminary injunction that freezes the stolen funds investigators can still reach. Why is Bybit filing this civil case? The complaint was filed...Cryptopolitan
Sat, Aug 8
Aztec exploiter moves 500 ETH to Tornado Cash amid record hack year
The attacker who drained Aztec’s deprecated Connect rollup in June has now sent another 300 ETH to Tornado Cash, bringing the total moved to the mixer to 500 ETH, according to blockchain security firm PeckShield. The importance of the transfer lies not simply in magnitude, but also in speed. The hacker has already transferred about...Cryptopolitan
Sat, Aug 8
Large XRP holders continue to build positions despite 2026 price struggles
XRP may have struggled on the price front this year, but large holders have continued to build their positions. Santiment reports that wallets holding 10 million to 100 million XRP have accumulated an additional 1.23 billion XRP since the beginning of 2026. At the start of the year, large holders’ XRP holdings were 10.97 billion,...Cryptopolitan
Sat, Aug 8
After a 67% loss, Situational Awareness backs chipmaking bottleneck
Leopold Aschenbrenner is putting another $400 million behind artificial intelligence just days after his hedge fund suffered one of its steepest setbacks. The Wall Street Journal reported on August 7 that Situational Awareness has made an investment of $500 million in Source Foundry, which includes the company investing $400 million this week itself. Source Foundry...Cryptopolitan
Sat, Aug 8
Governments are quietly building a global stablecoin firewall
Regulators from Washington, London, Brussels, and Hong Kong are finalizing a new set of rules that grant them the authority to identify, freeze, and in some scenarios redirect cross-border stablecoin transfers. Stablecoins, which used to be hard to control, are now slowly being subjected to the same regulations that apply to traditional banks. The change...Cryptopolitan
Sat, Aug 8
BTCPay emergency patch exposes merchant-side Bitcoin security risk
An emergency update has been rolled out by BTCPay Server, the open-source software merchants use to accept Bitcoin, due to a vulnerability being exploited to potentially steal funds from users. As identified in GitHub pull request #7491, this vulnerability enables cybercriminals to circumvent the TOTP two-factor security mechanism through BTCPay’s Greenfield API Basic Authentication. The...Cryptopolitan
Sat, Aug 8
Aave's Kulechov backs Sharplink in opposing Ethereum staking-burn proposal
Aave founder Stani Kulechov and Sharplink have opposed EIP-8363, a draft Ethereum proposal that would burn validator rewards down to nothing as more ETH is staked. The two DeFi stakeholders are standing against a group of Ethereum Foundation researchers over how the network should pay the people who secure it. Who is against the Tapered...Cryptopolitan
Fri, Aug 7
US-Iran standoff reaches crypto as Treasury sanctions exchanges
The US Treasury sanctioned two Iranian crypto exchanges, Shelbit and Aban Tether, on Friday for facilitating transactions for the Islamic Revolutionary Guard Corps. This move expands the Trump administration’s “Economic Fury” campaign. The Treasury’s Office of Foreign Assets Control (OFAC) designated the two exchanges for processing large sums of digital assets through them to avoid...Cryptopolitan
Fri, Aug 7
Very welcome: Vitalik Buterin responds to Signal's no phone number registration
Ethereum co-founder Vitalik Buterin is back on the privacy wagon, with his latest post on X commending the “very welcome” news of Signal’s early work on letting people create accounts without listing a phone number. Buterin, a known supporter of multiple privacy initiatives, has often thrown both his money and stature behind platforms and tools...Cryptopolitan
Fri, Aug 7
Cloudflare stock surges to all-time record on Q2 earnings beat
Cloudflare (NYSE: NET) shares surged roughly 16% to an all-time high after the company reported strong second-quarter earnings and raised its full-year outlook. Investors are increasingly confident that the network firm can successfully turn the explosion of automated web traffic into long-term growth. How did Cloudflare reach a new share price record? Cloudflare’s revenue for...Cryptopolitan
Fri, Aug 7
Unitree says FCC robot ban won't hit its current lineup as US probes widen
Chinese robotics maker Unitree has told its investors that the new U.S. restrictions on foreign-built robots do not affect its six best-selling models. Washington has imposed fresh restrictions against Chinese technology, but Unitree was reportedly a step ahead and secured the necessary permissions. Do the new U.S. restrictions on Chinese technology affect Unitree’s products? Board...Cryptopolitan
Fri, Aug 7
Coldcard reverses data-deletion policy after $116M wallet exploit
Coinkite, the maker of the Coldcard wallet that got exploited for $116 million in July’s largest security incident, has informed its users that it has made big changes to how it stores their data ahead of legal obligations that could potentially arise. The notice that was redistributed on Coldcard’s X account early on Friday detailed...Cryptopolitan
Fri, Aug 7
Trump backs 'tremendously important' AI data centers over oil in global power shift
President Donald Trump said on Friday that data centers could grow into a larger industry than oil, and argued the United States cannot afford to let China lead on artificial intelligence or cryptocurrency. He made this declaration today in his midterm election interview with Punchbowl News. “Whoever wins the AI, just wins” Stressing the importance...Cryptopolitan
Fri, Aug 7
Japan's FSA tightens crypto exchange rules on fraud and cybersecurity
Japan’s Financial Services Agency (FSA) advanced its regulatory march this week with a new set of rules on how it expects crypto exchanges to report cyberattacks and handle withdrawals flagged for scams. Per local reports, the latest recommendations that the regulator is pushing include a single form format for exchanges, as well as other tech...Cryptopolitan
Fri, Aug 7
LIVE: Bitcoin abruptly breaks $65,000 as will it won’t it semi-rally continues
Bitcoin hovered around $65,000 Friday, while Ether traded near $1,903 and the broader crypto market stayed mostly flat ahead of US jobs data. US payrolls fell by 23,000 in July versus an expected 83,000 gain, while unemployment slipped to 4.1%, strengthening expectations the Fed will hold rates at 3.50% to 3.75% in September. Nasdaq 100...Cryptopolitan
Fri, Aug 7
SK hynix bets $38 billion on new fabs to feed AI memory demand
SK hynix is making another massive wager on artificial intelligence. The South Korean memory giant approved 54 trillion won (about $38 billion) in new manufacturing investments on Friday, authorizing two new chip fabs that will expand production of the memory chips powering AI systems. The move reflects the company’s belief that demand for AI infrastructure...Cryptopolitan
Fri, Aug 7
Ondo founder's mother sues to remove CEO in fight for control
The estate of late Ondo Finance founder Nathan Allman has taken the tokenization firm’s current chief executive to court in Delaware over a legal ownership dispute. A disputed leadership handover has left the company with two rival power centers and the estate is asking a judge to decide who legally runs the company. Until a...Cryptopolitan
Fri, Aug 7
Cryptopolitan Report: Nearly Half Of Our Readers Think Quantum Breaks Bitcoin By 2035
We asked our newsletter readers whether quantum computing would be able to break Bitcoin by 2035. Last week, on July 28, an AI model that has not been publicly released found a flaw in a post-quantum signature scheme that two years of human review had missed. No quantum computer was involved here. This report goes...Cryptopolitan
Fri, Aug 7
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