AMD’s chief executive is planning to invest ‘tens of billions’ as Asian tour addresses supply-chain chokepoints
AMD’s CEO has been meeting executives in Taiwan and South Korea. Source：MarketWatch
Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find productmarket fit despite attracting major brands and a community…
Crypto is expanding the boundaries of what can be priced
The future of crypto may therefore depend less on creating the next novel asset and more on building the infrastructure required to price a growing universe of…
Advocacy group pushes back on banks’ lawsuit against OCC over charters
CCI CEO Ji Hun Kim said that the organization “remains confident“ in the OCC’s approval of charters for crypto companies, despite a recent lawsuit and pushback…
Saudi Aramco’s CEO may be too downbeat about the road to restocking global oil supplies
Some see record oil production and more alternative routes for delivery once the Strait of Hormuz fully opens. Source：MarketWatch
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
CEO Iana Dimitrova said OpenPayd aims to launch in the U.S. by April 2027 and is eyeing deals to add licenses and technology. Source：CoinDesk
Trump is expected to appoint Jay Clayton as new AI czar: Reports
US intel chief Clayton may be asked to also oversee AI innovation and development along with “self policing” tech CEOs. Source：Cointelegraph
European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO
Speaking on Cointelegraph’s Chain Reaction, Christian Trummer said MiCA has increased trust in regulated platforms and called for stricter enforcement against…
SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities
The Securities and Exchange Commission today charged private fund adviser Meyer Global Management LLC (MGM) and its CEO, Owen E.H. Meyer, with defrauding…
Bitget ‘gradually back to usual’ as protection fund reaches $309M
Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 “absorbed the financial impact of the incident“ that resulted in $388 million…
Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach
Gracy Chen said she saw the 2025 Bybit hack as a “good reference point” for Bitget’s security breach, noting that only a small percentage of funds had been…
Bitget CEO says $388M hack exploited third-party security vulnerability
Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea…