Author: Admin

Crypto losses topped $1 billion in the first half of 2026 as the industry recorded its highest number of hacks in a six-month period, according to onchain security platform Blockaid.Ethereum and Solana recorded the largest losses from incidents affecting their networks, with roughly $332 million and $326 million in stolen funds, respectively, Blockaid said in its H1 2026 security report published Tuesday.Blockaid tracked 212 security incidents during the period, with the largest single exploit coming from KelpDAO at $292 million, while the platform verified 3.4 times as many high-threshold exploits in H1 2026 as across all of 2025.Code exploits drove…

Binance ‘red teams’ its own staff every month to keep hackers outCryptocurrency exchange Binance has been running simulated phishing attacks against its own employees for the past four years and can fire staff who repeatedly fail the tests, according to Binance chief security officer Jimmy Su.The fake attacks are conducted by Binance’s red team, an internal ethical hacking unit whose job is to break into systems to identify vulnerabilities.“We do phishing attacks on our own employees on a monthly basis just so we understand if our security hygiene is improving,” Su told Cointelegraph. “The ones that have failed it, we…

Japan’s central bank is in focus this week as its next interest-rate meeting comes amid new 40-year yen lows against the US dollar.Key points: The Japanese yen is approaching new 40-year lows against the US dollar, nearly beating its latest record from last week.The Bank of Japan will decide on interest-rate changes on July 31, with rates already at 1%, their highest since September 1995.Analysts have been warning that the yen carry trade could unwind again, repeating a major crypto headwind from 2024.Dollar-yen seeks to reclaim 40-year recordData from TradingView showed USD/JPY approaching 164 on Tuesday, just a fraction below new…

Bitcoin (BTC) hit ten-day lows at Tuesday’s Wall Street open as BTC price action followed a US stocks sell-off.Key points:Bitcoin price action reacts to contagion from an Asia stocks sell-off as it hits US markets.Chip makers are at the epicenter of the reversal with South Korea’s KOSPI Index closing the day down 10.8%Crypto long liquidations pass $500 million in 24 hours.Semiconductor giants fuel major Asia stock comedownSemiconductor-led losses from Asia spilled over into US trading. South Korea’s KOSPI Index finished the day down 10.8% in a single session, fueled by 14.8% losses for chip-maker SK Hynix, while Japan’s memory manufacturer…

Collide Capital, founded by Brian Hollins and Aaron Samuels, announced Thursday the close of a $95 million Fund II. The firm, founded in 2021, backs early-stage companies in fintech, supply chain, and the future of work.  It has backed 75 companies to date after closing its inaugural $66 million Fund I in 2022. Hollins said it took them around 13 months to raise this latest fund, which they hope to deploy over the next 3.5 years. The landscape for many emerging fund managers is tough, but the Collide Capital team comes with a track record and strong pedigree (Hollins spent…

India’s digital payment share has increased over the years, with the Unified Payment Interface (UPI) growing to over 750 million daily transactions. With an aim to reach over a billion daily transactions, Dilip Asbe, managing director and CEO of the National Payments Corporation of India (NPCI), which oversees UPI, thinks AI would be heavily involved in the next phase for user growth, fraud prevention, and credit distribution. During an interview with TechCrunch at Mumbai Tech Week (MTW) 2026 last month, Asbe said AI could drive the next half a billion users with NPCI, India’s central bank, and the government working…

Focusing only on emergency planning, disaster response, and recovery after each climate catastrophe is no longer enough in Europe. Policymakers urgently need to start mapping Europe’s long-term future, which will require a fundamental overhaul of its infrastructure, energy system, and major economic sectors. LONDON—Between June 20 and 28, a powerful heat wave hit Europe, creating the conditions that have fueled the wildfires now raging across large swathes of France and Spain. Soon after the June heat wave, city officials in Rome announced a new, scientifically informed operational strategy to prepare for a hotter world. As with other such efforts in…

The Trump administration issued a final rule in July that gives it discretion to cut short the course of study of most international students at US universities. It will likely use this new power to block many of them from staying to work after they graduate and produce mounting delays for routine extensions needed to complete doctorates, residencies, and post-docs.  Disrupting international students, scholars, and researchers will ultimately deter them from coming in the first place, as my coauthors and I documented by surveying 1,039 of them in 2025. That would deepen the US trade deficit, because providing higher education…

Many countries that graduate from low- to middle-income status soon find themselves stuck in the position of being too rich to qualify for aid, too poor to secure reliable market-based financing, and too indebted to expand public-health spending. But it doesn’t have to be this way. NAIROBI—In the lexicon of development, few words sound as reassuring as “graduation,” which suggests progress past critical milestones and an escape from dependency. In global health, however, graduation increasingly creates a trap. When a country crosses the World Bank’s threshold from low- to middle-income status, it is deemed too rich to qualify for aid,…

Labor markets around the world are being reshaped by powerful trends, including rapid advances in artificial intelligence (AI), and population aging in some regions and youth bulges in others. AI’s impact on labor markets is multifaceted and complex: It has the potential to create new job opportunities and make many jobs more productive, but it will also automate some tasks leading to the destruction of some of today’s jobs. AI can also affect labor markets by changing international patterns of specialization. At the same time, demographic trends pose additional challenges. In all developed and many developing countries, aging populations will…