Hong Kong’s Legislative Council has passed the Stablecoins Bill, paving the way for licensed fiat-backed stablecoin issuers by year-end. As global economies grapple with regulation, Hong Kong is moving swiftly to position itself as a leading Web3 hub in the digital finance race.
KikyoOpenAI has bought Jony Ive’s startup io for $6.5 billion to help design new AI-powered hardware. The deal brings together top product design and AI to explore devices beyond the smartphone.
JoyMitroplus Labs founder Festo Ivaibi was abducted on 17 May and forced at gunpoint to transfer $500,000 in crypto. The firm says Uganda has seen over 48 similar, often unreported, attacks—part of a growing global trend of crypto-linked kidnappings and extortion.
KikyoAmalgam Capital Ventures’ founder has been indicted on federal charges—including wire fraud, securities fraud, and identity theft—for allegedly defrauding investors of over $1 million through a fake blockchain project.
KikyoShopify has launched new AI tools that let merchants build online stores using just keywords and manage design without coding. It also updated its assistant and theme system to make running a shop easier, faster, and more cost-effective.
WeatherlyCrypto.com has obtained a MiFID license to offer crypto derivatives across the EEA, building on its MiCA registration and reinforcing its push into regulated European markets.
CatherineBuilder.ai is facing bankruptcy after a major creditor seized most of its funds, leaving the company with very little cash to operate. Problems with its business model, management changes, and financial troubles led to this situation.
AnaisMicrosoft and global partners shut down Lumma Stealer by seizing nearly 2,300 domains and disrupting its command servers, stopping hackers from stealing data worldwide. The malware targeted hundreds of thousands of devices, including cryptocurrency wallets, showing how cybercrime tools are becoming easier to access and harder to fight.
AnaisA leaked call between OpenAI’s Sam Altman and ex-Apple designer Jony Ive hints at a pocket-sized, screen-free AI device designed for seamless daily use. Though details remain scarce, the collaboration has sparked speculation about a new wave of AI-native hardware.
CatherineFIFA has launched a blockchain on Avalanche, moving its FIFA Collect NFT platform from Algorand and debuting new digital collectibles. The switch highlights FIFA’s Web3 push, enabled by Avalanche’s enhanced scalability and EVM support.
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