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Chinese AI Chip IPO Boom Continues with MetaX Drawing Higher Subscriptions as Investors Bet on Nvidia Rival

MetaX Integrated Circuits Shanghai is set to start trading after raising US$585.8 million in an IPO that was nearly 3,000 times oversubscribed, showing strong demand from investors. The company makes AI graphics chips and is seen as a potential local rival to Nvidia, following the huge gains of Moore Threads Technology.

PancakeSwap Expands Into Prediction Markets on BNB Chain With Zero-Fee Platform Covering Crypto Prices and Global Events

PancakeSwap, with YZi Labs, has launched Probable, a zero-fee prediction market platform on BNB Chain. The platform lets users trade on events like crypto prices, sports, and global happenings quickly and transparently, with all settlements on-chain.

Russia Confirms Bitcoin and Ethereum Cannot Be Used for Payments as Ruble Remains Sole Legal Tender

Russia has confirmed that cryptocurrencies like Bitcoin and Ethereum cannot be used for payments, with all domestic transactions required to be in rubles. At the same time, the country allows crypto for cross-border trade and investment, with banks offering related products under strict rules.

US Senators Push SAFE Crypto Act to Protect Investors from Cryptocurrency Scams

Two US senators have introduced the SAFE Crypto Act to create a federal task force aimed at preventing cryptocurrency fraud. The legislation will give law enforcement new tools, raise public awareness, and could affect how crypto businesses operate, especially smaller firms.

Amazon Could Supply Trainium Chips to OpenAI in $10 Billion Funding Talks

OpenAI is in talks with Amazon over a potential $10 billion investment, which could value the AI company at more than $500 billion. The deal may include using Amazon’s AI chips and cloud services, allowing OpenAI to diversify its technology partners beyond Microsoft and Nvidia.

Singaporean Ringleader Malone Lam Appears in US Court as Plea Talks Continue Over $265 Million Crypto Theft

A Singaporean man accused of leading a major crypto fraud ring returned to a US court as plea talks with prosecutors continued. The case has expanded with more arrests and charges, while lawyers work towards a possible deal.

Singapore-Based Crypto Angel Investor Loses Entire Crypto Savings After Downloading Malware-Laden Beta Game Launcher

A Singaporean investor lost S$100,000 after downloading a beta game launcher that contained malware, which emptied his crypto wallets. Despite using strong security measures, he was targeted by a sophisticated scam, highlighting risks for crypto users.

From ChatGPT Advice to AI Marriage: How A Japanese Woman Found Comfort and Companionship in a Digital Partner

A 32-year-old Japanese woman, Yurina Noguchi, held a symbolic wedding with an AI character she created using ChatGPT in Okayama in October 2025. The AI, named Lune Klaus Verdure, followed a personality Noguchi designed, and the ceremony included traditional wedding elements but has no legal recognition.

From Aviation to Digital Finance: AirAsia Teams Up With Standard Chartered Malaysia to Pilot Ringgit-Linked Stablecoin

Capital A, the parent company of AirAsia, and Standard Chartered Malaysia signed a letter of intent to develop a ringgit-backed stablecoin. The project will be piloted under Bank Negara Malaysia’s oversight, with Standard Chartered as issuer and Capital A testing wholesale use cases.