South Korea’s financial regulators are investigating fees charged by local crypto exchanges to see if they are too high for everyday users. The reviews could lead to new rules to lower or cap fees and make trading fairer for retail investors.
WeatherlyVisa has partnered with Yellow Card to use stablecoins like USDC for faster, cheaper cross-border payments in Africa. This move aims to help tackle currency issues and improve money transfers across the continent.
WeatherlyAlipay and Meizu completed the first smart glasses-enabled e-wallet payment outside mainland China, using Meizu’s StarV Snap glasses and AlipayHK. The glasses scanned a QR code and used voice commands with AI support to authorise the payment.
JoyRussia’s Power Systems and Finam have launched the country’s first Bitcoin mining investment fund, using gas-powered rigs and requiring a minimum investment of 5 million rubles. The closed-end fund will mine Bitcoin and share profits with qualified investors, but returns depend on Bitcoin staying above $35,000.
AnaisPrenetics, a healthcare company backed by David Beckham, bought $20 million worth of Bitcoin and plans to hold most of its treasury in the cryptocurrency. It also aims to use Bitcoin for payments and investment returns, becoming the first public healthcare firm to take this approach.
WeatherlyA Japanese crypto influencer was hacked after joining a deepfake Zoom call where a fake friend sent her a malicious link. Her Telegram and Metamask accounts were breached, leading to the theft of her crypto assets.
AnaisOpenAI removed its Jony Ive partnership video and blog post after a court order tied to a trademark dispute over the name “io.” A hearing device company called iyO claims the name is too similar, but the deal between OpenAI and Ive is still moving forward.
WeatherlyGarden Finance was accused of helping move stolen crypto linked to North Korea’s Lazarus Group, after earning $300,000 in fees in 12 days. An investigator said most of the funds came from the Bybit hack, but the platform’s founder denies any wrongdoing.
AnaisLee Soo-man met French President Emmanuel Macron after giving a speech at the France Music Week Summit in Paris. Macron asked him to set up an A2O office in France to boost cultural ties and support creators in the age of AI.
WeatherlyKakaoPay’s stock jumped over 200% in one month after it filed trademarks linked to Korean won-backed stablecoins and gained investor attention. The rise followed strong government support for local stablecoins and signs that new laws may soon allow private companies to issue them.
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