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Samsung unit explores stablecoin infrastructure with Upbit’s operator

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Samsung SDS is discussing stablecoin infrastructure and AI-based payment models with Dunamu, the operator of South Korean crypto exchange Upbit.

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Coin Market

Hedge fund with $1.1B in Bitcoin miner stocks seeks capital after AI sell-off: FT

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The FT said Situational Awareness had approached investors and lenders after borrowing amplified losses during July’s AI stock sell-off.

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Coin Market

Australia sues Telegram over alleged failures to remove terror content

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Telegram faces Australian court proceedings after eSafety alleged the platform failed to detect and remove extremist material shared by users.

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Coin Market

Chinese newspaper warns of Bitcoin extortion scam using its name

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China Business Journal says fraudsters impersonated the publication, demanding Bitcoin to suppress purported investigative reports about targeted companies.

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