The secretary-general of the Gas Exporting Countries Forum said natural gas demand would begin to recover in the third quarter as the Iran war ends. According to Jin10, the forum’s secretary-general, Philip, linked the expected rebound in demand to the conclusion of the conflict involving Iran.

A new Ethereum research lab, Ethlabs, launched this week with funding from Ethereum co-founder Joe Lubin, Bitmine Immersion Technologies, and Sharplink, though the amount of funding was not disclosed. According to ChainCatcher, Bitmine holds about 5.7 million ETH and Sharplink holds about 876,000 ETH. Sharplink CEO Joseph Chalom said Ethlabs is intended to complement the Ethereum Foundation, while acknowledging the two will overlap in some areas and that the “most concentrated talent” will be at Ethlabs. He said the lab will focus on faster settlement, cross-chain interoperability, and readiness for institutional and AI applications—areas that closely align with the Ethereum Foundation’s priorities following its reorganization this week. The launch comes as the Ethereum Foundation cut about 40% of its 2026 budget this week and eliminated 54 roles. Vitalik Buterin described the changes as a shift toward an endowment-style model. Former foundation core development coordinator Trent Van Epps warned last week that core development could face a funding gap within three to nine months. ChainCatcher reported that Ethlabs’ first major test will be the Glamsterdam upgrade, where the two organizations’ roadmaps are expected to intersect for the first time amid a limited upgrade pipeline.

Kazakhstan’s Almaty International Airport JSC is seeking a loan of as much as $670 million for refinancing and to fund airport improvements and maintenance projects, according to Bloomberg.

Qualcomm’s head of its data center business said the company will launch its second-generation HBC chip in 2028. According to Jin10, the executive did not provide additional details on specifications, pricing, production plans, or target customers.

Qualcomm’s head of its data center business said the company expects to launch commercial samples of its first-generation high-bandwidth computer, equipped with the AI250, by mid-2027. According to Jin10, the executive described the timeline as an expectation for when the commercial samples will be introduced.

DigitalBridge Group Inc. is considering options for Malaysia’s AIMS Data Centre Holding Sdn., including raising funds, bringing in new investors or an outright sale, according to people with knowledge of the matter, Bloomberg reported.

Microsoft will deploy Qualcomm’s high-bandwidth compute chips in Azure data centers, according to Qualcomm’s head of data center business. According to Jin10, the Qualcomm executive said the deployment would take place in Microsoft’s Azure data centers. No further details were provided on timing, scale, or specific chip models.

Delphi Digital said xStocks’ issuance continues to expand, with its on-chain assets under management surpassing $500 million for the first time and the number of independent holders exceeding 177,000. According to ChainCatcher, data cited by Delphi Digital indicates users are still primarily concentrating on widely recognized large-cap technology stocks and other well-known mega-cap names. Delphi Digital added that the top 10 xStocks assets account for more than 80% of the total scale.

Qualcomm’s head of data center business said the company expected its custom chip business to begin generating meaningful revenue by the end of 2027, starting from the first quarter of 2027. According to Jin10, the executive said Qualcomm anticipated the custom chip business would start contributing notable revenue within 2027, with the ramp beginning in the first quarter of 2027.

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Nearly 100 Catholic leaders and four US law enforcement groups have opposed a key part of the CLARITY Act, warning it could weaken efforts against human trafficking and crypto crime. The growing backlash has added pressure on the bill ahead of a Senate vote.

MoonPay has acquired AI accounting start-up Entendre to expand beyond crypto payments and automate back-office financial operations.

A New York man was jailed for 15 months after using fake Telegram accounts to steal more than $1.4 million in a crypto scam. He promised staking rewards, never invested the funds, and authorities recovered most of the money.

Scammers are using fake GTA 6 websites to trick gamers into sending cryptocurrency for non-existent early access downloads. The sites imitate official stores, charge around $250, and leave victims with no way to recover their money.