Binance phishs its own staff monthly, India censors BitChat code: Asia Express

Binance ‘red teams’ its own staff every month to keep hackers out  Cryptocurrency exchange Binance has been running simulated phishing attacks against its own employees for the past four years and can fire staff who repeatedly fail the tests, according to Binance chief security officer Jimmy Su.  The fake attacks are conducted by Binances red team, an internal ethical hacking unit whose job is to break into systems to identify vulnerabilities.  “We do phishing attacks on our own employees on a monthly basis just so we understand if our security hygiene is improving,” Su told Cointelegraph. “The ones that have failed it, we will do remediation training.”  In February, AMLBot estimated that 65% of crypto security incidents in 2025 were driven by social engineering.  India‘s BitChat GitHub takedown order ’unconstitutional  Indias Internet Freedom Foundation (IFF) has condemned a government order directing GitHub to remove repositories for Jack Dorseys decentralized messaging app BitChat, calling the move unconstitutional and warning it threatens free speech and open-source software.  The statement came a day after Indias cybercrime agency ordered GitHub to disable access to three BitChat repositories within three hours, saying the decentralized messaging app could be used to bypass internet shutdowns, evade lawful surveillance and facilitate unlawful activities.  BitChat is a

07-28انڈسٹری

Anthropics AI U-turn? Amodei rejects open-model ban claims

Dario Amodei, the CEO of Anthropic, stated on Monday that the company has never attempted to prohibit open-weight AI models, a rebuttal directed at regulators considering new regulations and at competitors that claim that Claude has made use of safety and security dilemmas to defend itself.  This clarification is important due to the fact that Washington is in the process of determining the extent to which the regulations will be implemented. The Senate has put forth a bill that could result in a federal limit on open-weight models, which are a category of models developers can download and use on their machines. The outcome of the debate will influence which lab will gain a competitive advantage, what kind of models companies will have access to the market, and to what extent various closed-model providers will dominate it.  The chokepoints Amodei wants regulated instead  In his blog post, Amodei did not call for an outright ban but proposed three more specific suggestions for policymakers. For one, he wants stricter regulation of advanced chip technology and computing devices sent to authoritarian nations such as China. He also wants the prohibitions against industrial “distillation” to be strict, which means training a new model with the outputs

07-28انڈسٹری

Minnesota Prediction Market Ban Halted by Federal Court Ruling

TLDRUS District Judge Katherine Menendez granted a preliminary injunction halting Minnesotas prediction market prohibitionThe order protects CFTC-regulated operators Kalshi and Polymarket USThe court determined Minnesotas statute likely violates the federal Commodity Exchange ActThe Commodity Futures Trading Commission joined as a co-plaintiff in the litigationThe temporary order remains effective pending final judgment  Minnesotas attempt to prohibit prediction markets has been temporarily halted by a federal court, allowing platforms like Kalshi and Polymarket US to maintain operations in the state as legal proceedings continue.  Kalshi and Polymarket Gain Temporary Legal Win as Court Blocks Minnesota Ban  Reuters reported that a U.S. federal judge has blocked Minnesota from enforcing a new law that would have become the first state law in the country to directly ban prediction markets such as Kalshi and… pic.twitter.com/5EogYw9RHg  — Wu Blockchain (@WuBlockchain) July 27, 2026  The preliminary injunction was granted Monday by US District Judge Katherine Menendez, who determined that federal commodities law likely supersedes Minnesotas regulatory attempt.  Background of the Legal Challenge  The Minnesota legislature enacted legislation that would prohibit the establishment, management, and promotion of prediction market platforms within state borders. The statute was scheduled to become enforceable this Saturday, with potential criminal consequences for violations.  Following passage of the law, Kalshi, Polymarket US,

07-28انڈسٹری

XRP Sees Renewed Bullish Momentum: An Analyst Identifies Why

XRP is experiencing a price turnaround reflected in its price action over the past month.An analyst identified an improved funding rate as a signal for XRPs potential turnaround.Technical indicators suggest XRP is in a neutral zone and could trend either way.  According to TradingView data, XRP‘s bearish momentum has faded over the past month, since the cryptocurrency declined to $1.0072, marking its lowest price since November 2024. The altcoin’s trend throughout July 2026 reflected the formation of higher lows, suggesting an exhaustion of the bearish pressure.  What Does XRPs Funding Rate Say?  Besides XRPs price action, crypto analysts have identified other elements indicating an improvement in the crypto assets bullish momentum. According to a CryptoQuant expert, the funding rate data for XRP contracts on Binance indicates a return of positive momentum in the perpetual contracts market.  The expert based his analysis on XRP‘s recent price behavior, particularly since the second half of July. He noted that the cryptocurrency’s funding rate reached approximately 0.00138, while the 30-day Z-Score registered 0.21, reflecting a slight move above its recent average. According to him, the funding rate declined sharply into negative territory ahead of the current reading, suggesting a temporary shift in traders positioning toward short positions.  The funding

07-28انڈسٹری

ADA Price Prediction: Coiled at $0.157 With a Loaded Squeeze — $0.17 or $0.15 Decides the Next Move

ADA just printed a 5.4% down session and is sitting at $0.157 with no narrative cover — no major protocol event, no verified KOL commentary pushing the tape in either direction over the last 24 hours. When the community goes quiet at the lows, the chart takes over, and right now the chart is not friendly. The 24-hour range ran from $0.166 down to $0.154, and the close near the session low tells you sellers had the final word.  The structural backdrop is worse. ADA is trading at a 35% discount to its own 200-day SMA at $0.24. That‘s not a healthy pullback — that’s a market stuck in a protracted downtrend where every bounce gets faded before it can build momentum. Short-term averages offer no support either; both the 20 SMA at $0.17 and the EMA 26 at $0.17 are now acting as overhead resistance rather than dynamic floors. Readers tracking the broader altcoin deterioration across Blockchain.news will recognize this configuration — its the same pattern that has punished weak-hand holders throughout this cycle while shaking out longs before the real move.  The absence of a fundamental catalyst is a double-edged sword. It means there‘s no story propping the price up

07-28انڈسٹری

“This is Money,” Elon Musk Claims as P2P-Powered X Money Goes Live in the US

Elon Musks everything app vision took another major step forward as X Money begins rolling out to Premium subscribers in the United States. It offers massive features to users, such as free & instant peer-to-peer (P2P) transfers, cashbacks with the Visa card, and up to 6% APY.  Elon Musks X Money Officially Launches for Premium Users in the US  X Money has started rolling out to Premium and Premium+ subscribers in the United States. It is built to let users manage money directly on the X platform.  This marks another major step toward Elon Musk‘s vision of turning X into an everything app. Musk posted “This is money” on X, marking the launch as bringing money on the world’s most powerful network.  It will offer free, instant transfers on the platform, up to 6% APY, 3% cashback on eligible purchases with the X Card, wires, checks, and free ATM withdrawals, and early direct deposit.  Elon Musks X Money is becoming the complete financial layer, offering people a way to save, earn interest, receive their salary, send money instantly, spend, pay bills and manage their financial lives without leaving the platform.  Premium subscribers on X to get a 4% APY, but it gets boosted to 6% if

07-28انڈسٹری

Ondo extends RWA dominance with new network – But will institutions use it?

Institutional investors have long faced a tradeoff between execution speed and blockchain transparency.  Ondo Finance [ONDO] launched the Ondo Network to address that challenge through private execution, decentralized verification, and on-chain settlement.  Through this, institutions will gain centralized exchange-like performance without sacrificing non-custodial control.  Source: X  Rather than simply increasing speed, the infrastructure improves settlement efficiency while preserving verifiable ownership.  As such, if adoption accelerates, Ondo may potentially create deeper levels of liquidity, attract new developers into its ecosystem, and increase the amount of assets being tokenized within its network. This would create further potential for overall ecosystem development.  Furthermore, it would encourage institutional participation across decentralized finance while giving institutions greater confidence in scalable, transparent, high-performance market infrastructure over time.  How Ondo Network works  Instead of asking every network participant to process each transaction, the Ondo Network divides responsibilities across specialized components.  Secure enclaves (trusted execution environments) first execute application code inside protected hardware, where operators cannot view or alter it. Even changing a single byte prevents the code from running.  Source: Ondo Finance  Meanwhile, independent attestors verify that only the approved code operates before they reconstruct the security keys used to confirm transactions via public blockchain.  This approach keeps verification separate from execution, allowing applications to process trades with centralized

07-28انڈسٹری

Shein Long-Awaited IPO Just Got Harder To Sell As Tariffs Bite

Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern Chinas Guangdong province. (Photo by Jade GAO AFP via Getty Images)  AFP via Getty Images  Shein has spent the better part of three years chasing a stock market listing, first in New York, then in London and now, finally, in Hong Kong. But the numbers it revealed to prospective investors this week suggest that the pitch has gotten considerably tougher.  The fast-fashion giant swung to a $99 million loss in the first quarter of 2026, a stark reversal from the same period a year earlier. The figures, disclosed in a draft prospectus filed with the Hong Kong Stock Exchange as part of its long-awaited initial public offering, mark the clearest signal yet that tariffs and regulations are landing squarely on Sheins bottom line.  Part of the loss was a one-off, a $328 million non-cash accounting charge tied to the fair-value treatment of convertible preferred shares, a technical adjustment that converts investor stock into ordinary shares once a company lists.  What might concern investors more is that Shein‘s U.S. revenue fell 14.3% year-on-year to roughly $2 billion, as the Trump administration’s removal of the de minimis

07-28انڈسٹری

Nexo confirms MiCAR compliance across the EEA

Nexo, a digital assets wealth platform, has reaffirmed product compliance across the European Economic Area ahead of MiCARs entry into force, according to information shared with Finbold on July 28, 2026.  The company is operating through two MiCAR-licensed partners, splitting custody and brokerage across dedicated regulated infrastructure built specifically for the European market.  Tangany, licensed under MiCAR, provides institutional-grade custody infrastructure for digital assets. DLT Finance, licensed under MiCAR and authorized under MiFID II, provides brokerage infrastructure for digital assets and financial instruments.  Together the two partnerships give Nexo a locally compliant operational foundation across the EEA without disrupting its existing client-facing platform.  MiCAR compliance positions Nexo among top crypto platforms operating in Europe  Nexo ranks among the top three largest centralized crypto lenders in the world as of Q3 2025. As MiCAR sets the operating standard across the region, the company enters this next chapter with a strengthened European foundation built on regulated, locally licensed infrastructure.  “MiCAR is the most consequential regulatory framework digital assets have seen in Europe, and Nexo has been preparing for а long time. When it came to choosing DLT Finance and Tangany, the standard was non-negotiable: our partners are best-in-class – rigorously regulated, technically sophisticated, and aligned with how we

07-28انڈسٹری

GBP/USD Price Forecast: Trades vulnerably near 1.3300 ahead of Fed-BoE policy

The British Pound (GBP) trades with caution at around 1.3300 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair is marginally higher, but is broadly under pressure, with investors turning cautious ahead of the Federal Reserves (Fed) monetary policy announcement on Wednesday.  Investors expect the Fed to leave interest rates unchanged in the range of 3.50%-3.75% and warn of upside inflation risks. However, United States (US) President Donald Trump said on Monday that Fed Chairman Kevin Warsh should lower interest rates, adding that there was a good inflation report recently, costs were falling rapidly, and that prices should drop significantly once the Gulf War ends.  On the contrary, the CME FedWatch tool reflects traders seeing the monetary policy adjustment on the hawkish side. There is an 80.8% chance that the Fed will deliver an interest rate hike in September, the tool shows.  This week, investors also await the Bank of Englands (BoE) monetary policy announcement on Thursday, in which it is expected to keep interest rates steady at 3.75%, with a 7-2 majority.  GBP/USD technical analysis  GBP/USD trades marginally higher at around 1.3300, but is holding a bearish near-term bias as it remains capped beneath the 20-period Exponential Moving

07-28انڈسٹری
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