Samsung Electronics and SK Hynix will invest about 881 trillion won (US$576 billion) to build four new chip plants and expand AI infrastructure in South Korea's southwest region. The government hopes the plan will boost semiconductor production and meet rising global demand for AI memory chips.
AnaisAI tools are cutting animation production costs by up to 90%, leading studios to reduce production teams. Los Angeles' film industry lost 6,700 jobs in the year to May 2026 as AI adoption accelerated.
WeatherlyBreez has launched a feature that lets users pay with Bitcoin while recipients receive USDC or USDT across more than 30 blockchain networks. The system uses the Lightning Network and automatic conversion to simplify cross-chain payments.
AnaisWhatsApp will allow its more than three billion users to create usernames, letting people connect without sharing their phone numbers. The privacy-focused feature will be rolled out globally over the coming months, with username reservations starting from 29 June.
WeatherlyChinese businessman Guo Wengui was sentenced to 30 years in a US prison for running a fraud scheme that raised more than US$1 billion from investors and supporters. Part of the scheme involved promoting H-Coin with false claims that the cryptocurrency was backed by gold, helping him raise more than US$262 million.
AnaisMore than 140 companies, including Visa, Mastercard and Coinbase, have launched Open USD, a new US dollar-backed stablecoin. The project aims to challenge Tether and Circle with fee-free transactions and a shared revenue model.
AnaisBinance and its founder Changpeng Zhao are facing a £150 million lawsuit from nearly 1,700 UK investors who claim they were sold high-risk crypto derivatives without proper regulatory approval. The investors allege they suffered major losses, while Binance says it will defend itself against the claims.
WeatherlyThe US Securities and Exchange Commission has opened a 60-day public consultation to review how exchange-traded funds investing in crypto assets, prediction markets and other novel strategies should be regulated.
AnaisTaiwan has passed a new law requiring cryptocurrency firms and stablecoin issuers to obtain regulatory licences, replacing its previous anti-money laundering registration system. The law introduces stricter rules on customer protection, reserve backing and market conduct, with prison sentences and fines for unlicensed operations, fraud and market manipulation.
WeatherlyThailand's central bank plans to introduce a fully backed baht-pegged stablecoin, initially for use by financial institutions in payment settlements. Authorities are also tightening rules on foreign currency payments and speculative forex activities, warning of fines, licence revocations and prison sentences for violations.
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