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South Korea Fines Crypto Exchange Bithumb for Sharing User Data Overseas
- South Korea fined Bithumb 210 million won for sharing user data overseas without proper consent.
- Investigators found that transfers reached BingX even though users had consented to Stellar exchange.
- South Korea also released new privacy guidance for blockchain firms across the broader crypto sector.
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The Next PM Could Decide Britain’s Crypto Future
- Britain’s digital asset rules are already moving forward, despite political turmoil at No. 10.
- The next prime minister will still matter on unresolved issues like DeFi, stablecoins, tax and financial promotions.
- The sector’s bigger risk is crypto becoming a partisan culture-war issue, rather than a financial infrastructure debate.
Broadcom Built OpenAI’s First Chip in Record Time, but the Money Went Elsewhere
- Broadcom and OpenAI unveiled Jalapeño, OpenAI's first custom AI chip, designed end to end in nine months with help from OpenAI's own models.
- Despite the headline, AVGO is lagging the chip sector, and Chaikin Money Flow shows institutional money rotating into Micron and AMD instead of Broadcom.
- Wall Street stays bullish, with every recent analyst call a Buy and JPMorgan lifting its Broadcom stock price target to $580 from $485.
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OpenAI Will Reportedly Stagger GPT-5.6 Release at US Government Request
- OpenAI will reportedly stagger its GPT-5.6 release at the US government's request.
- Federal officials would vet early preview access customer by customer, per the report.
- Trump's June order lets the government test frontier models up to 30 days pre-release.
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About 50% of UK Wealth Advisors Cannot See Most of Their Clients’ Crypto Holdings
- SpaceX shares surged then crashed 25-30% post-IPO, spooking AI giants.
- OpenAI CFO pushes 2027 delay citing cash burn and market volatility.
- Polymarket gives around 50% odds of no OpenAI IPO in 2026.
OpenAI Could Reportedly Delay IPO After SpaceX Scare
- SpaceX shares surged then crashed 25-30% post-IPO, spooking AI giants.
- OpenAI CFO pushes 2027 delay citing cash burn and market volatility.
- Polymarket gives around 50% odds of no OpenAI IPO in 2026.
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After MiCAR, Europe’s Crypto Market Enters the Supervision Era
- Europe’s crypto market is moving toward long-term supervision, governance, and operational responsibility under MiCAR.
- Audrey Lim says successful implementation will depend on trust, investor protection, resilience, and credible regulatory engagement.
- KuCoin EU sees compliance and commercial growth as connected parts of building a sustainable digital asset business in Europe.
Crypto Trader James Wynn Slams Shiba Inu: ‘SHIB is Old, Dead, and Boring’
- James Wynn calls SHIB a dead project and accuses devs of a BONE cash grab.
- Whales moved 1.04 trillion SHIB to exchanges in one day, 6.5x normal volume.
- SHIB trades at $0.0000041, down more than 8% in 24 hours.
