Temasek will not invest directly in cryptocurrencies, choosing instead to focus on AI and blockchain infrastructure after its $275 million loss from FTX. The state investor plans to raise AI investments from 6% to 15% of its portfolio by 2031 while continuing to back practical blockchain technology.
WeatherlyA Russian man was allegedly kidnapped and assaulted in Bali to gain access to his cryptocurrency accounts. Police are searching for the suspects and investigating the stolen crypto assets.
AnaisThailand is introducing tougher checks on large cash deposits and investigating high-value USDT trades to tackle money laundering. Anyone depositing 5 million baht (US$150,000) or more in cash may soon need to prove where the money came from.
WeatherlyCoinbase and six other crypto exchanges worked with Singapore Police to prevent more than $4.2 million in scam losses, protecting over 145 potential victims. They used blockchain tracking and early intervention to stop suspicious crypto transfers before funds were lost.
AnaisUS prosecutors have charged imprisoned fraudster Rossen G. Iossifov with allegedly moving about $290,000 in cryptocurrency that had already been seized by the government.
WeatherlyLawson will test payments using the yen-backed stablecoin JPYC at one Tokyo convenience store in early August through its checkout system. The pilot will assess how stablecoin payments work in everyday shopping, with no nationwide launch announced yet.
WeatherlyBonzo Lend lost $9.05 million after attackers manipulated a faulty oracle price feed to inflate SAUCE token prices. The flaw was traced to Supra's oracle verifier, prompting the lending platform to suspend its lending services.
AnaisHackers hijacked the X accounts of SpaceX and Starlink to promote a fake meme coin, making about $135,000. The token briefly topped a $2 million market value before crashing after a rug pull.
AnaisKraken has launched a debit card for eligible customers in the UK and EEA, allowing them to spend crypto and cash balances anywhere Mastercard is accepted.
WeatherlyJupiter has launched Jupiter Gacha, offering tokenised real Pokémon and One Piece trading cards on its Solana DEX. The beta launch with Collector Crypt includes up to $100,000 in rewards.
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