Decentralized Finance (DeFi)

Decentralized Finance Platform Ostium Rocked by $11.86 Million Oracle Manipulation Exploit on Arbitrum

by Ammar Sabilarrohman
written by Ammar Sabilarrohman
On Wednesday, July 15, 2026, at precisely 14:18 UTC, the decentralized finance (DeFi) ecosystem witnessed a significant security breach as a single, meticulously crafted Arbitrum transaction targeted Ostium, a prominent real-world asset (RWA) perpetuals exchange. This sophisticated attack bundled twenty distinct calls into Ostium’s trading contracts, ultimately extracting approximately $11.86 million in USDC....
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Blockchain Technology

Augustus Secures $180 Million Series B and Preliminary National Bank Charter, Poised to Become Global Dollar Bank

by Suro Senen
written by Suro Senen
Augustus, the ambitious startup aiming to establish itself as a "Global Dollar Bank," has successfully closed a Series B funding round, raising $180 million at a valuation of $1 billion. This significant financial injection, led by venture capital powerhouse Tiger Global, with participation from Hummingbird, QED, and a distinguished cohort of fintech founders from companies like Nubank, Ramp, Circle, and Deel, marks a substantial escalation from its $20 million Series A round in 2023, which was led by Peter Thiel’s Valar Ventures....
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Blockchain Technology

Strait of Hormuz Escalation Headlines Trigger Polymarket Reprice Toward a 50/50 Normalization Call

by Iffa Jayyana
written by Iffa Jayyana
Polymarket traders have significantly adjusted their outlook on the "Strait of Hormuz traffic returns to normal by December 31?" contract, pushing its probability for a 'Yes' outcome down to 51.5% (with 'No' at 48.5%). This dramatic shift, observed across a substantial $5,749,184 in matched volume, signals a collective reassessment from a prior position of high confidence in normalization to a state of near coin-flip uncertainty....
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Blockchain Technology

Amkor Technology Shares Surge on Landmark Multi-Year Partnership with NVIDIA to Bolster U.S. Semiconductor Packaging Capacity

by Azzam Bilal Chamdy
written by Azzam Bilal Chamdy
Amkor Technology (AMKR) experienced a significant surge in its stock value during after-hours trading following the announcement of a multi-year strategic partnership with NVIDIA (NVDA), a move designed to substantially expand U.S. semiconductor packaging capacity and accelerate the development of advanced technologies for future artificial intelligence (AI) computing platforms....
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Blockchain Technology

Bitcoin Network’s FSIC Collection Surges to Top CryptoSlam NFT Sales, Signifying Broadening Market Diversification

by Neng Nana
written by Neng Nana
The non-fungible token (NFT) market witnessed a notable shift in its daily sales landscape on Thursday, as FSIC, a novel collection originating from the Bitcoin network, ascended to the apex of CryptoSlam's sales chart, registering an impressive US$887,396 in daily volume. This development marks a significant deviation from recent trends, representing the first instance this week that a collection other than the long-established CryptoPunks or DMarket has claimed the leading position in daily NFT sales, underscoring a burgeoning diversification within the digital collectibles sector....
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Blockchain Technology

UK Crypto Firms Face October 2027 Regulatory Deadline Largely Unprepared, Despite Market Enthusiasm

by Layla Zulfa
written by Layla Zulfa
The United Kingdom's protracted journey toward a comprehensive regulatory framework for crypto assets is nearing its culmination, with the Financial Conduct Authority (FCA) having officially announced October 25, 2027, as the implementation date for its landmark regime. This long-awaited clarity aims to solidify the UK's position as a global hub for digital assets, a long-held government ambition....
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Artificial Intelligence in Finance

Kaggle and Google Launch Free 5-Day Agentic AI Course, Offering Self-Paced Learning to Over 1.5 Million Participants

by Asep Darmawan
written by Asep Darmawan
In a significant development for the artificial intelligence community, Kaggle and Google have made their highly successful 5-Day AI Agents Intensive course freely available as a self-paced learning resource. This initiative, building on the momentum of their previous Generative AI (GenAI) Intensive, aims to demystify the burgeoning field of AI agents and equip developers with practical skills....
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Artificial Intelligence in Finance

Artificial Intelligence Revolutionizes Biologics Drug Discovery: A New Era of Accelerated Innovation and Untreatable Disease Targets

by Raul Delapena Setiawan
written by Raul Delapena Setiawan
The arduous journey of developing a new medicine, particularly biologic therapies derived from engineered proteins, has long been characterized by immense cost, high failure rates, and protracted timelines. These complex treatments, vital for addressing a wide spectrum of acute and chronic diseases, demand the exploration of vast molecular landscapes to identify candidates that are not only effective against specific biological targets but also stable within the human body and scalable for manufacturing....
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Artificial Intelligence in Finance

Senator Warren Demands Investigation into CFTC Staffing Cuts and Enforcement Decline

by Iffa Jayyana
written by Iffa Jayyana
A top Senate Democrat is calling for a comprehensive government investigation into significant staffing reductions at the Commodity Futures Trading Commission (CFTC) and their potential detrimental impact on the agency's ability to effectively regulate American financial markets. Senator Elizabeth Warren, a vocal critic of financial industry practices, has formally requested the Government Accountability Office (GAO) to examine the scale of these layoffs and their consequences for the CFTC's enforcement capabilities....
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Digital Banking & Neobanks

Northrim Bank Acquires People’s Bank of Commerce, Expanding Alaskan and Oregonian Footprint

by Lina Hope
written by Lina Hope
Anchorage, AK – July 23, 2026 – Northrim Bank, headquartered in Anchorage, Alaska, has announced a significant strategic acquisition of Medford, Oregon-based People's Bank of Commerce. This move is poised to substantially enhance Northrim Bank's asset base, bringing it to an estimated $4.2 billion, and significantly expand its branch network to a total of 32 locations across Alaska and Oregon....
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