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Visa to Cut 2,600 Jobs, Citing AI-Driven Restructuring

VISA plans to cut 2,600 jobs, about 7% of its workforce, primarily affecting technology and product teams.CEO Ryan McInerney cites AI as a key...

IMF warns Brazil stablecoin growth outpaces traditional capital flows

The IMF reports that Brazil’s stablecoin market has expanded rapidly since 2017, with cross-border crypto flows now outpacing traditional capital flows.Stablecoin purchases in Brazil...

JetBrains TeamCity Flaw Allows Unauthenticated Remote Code Execution

JetBrains has disclosed a critical vulnerability, CVE-2026-63077, affecting all on-premise versions of TeamCity.The flaw, with a CVSS score of 9.8, allows an unauthenticated attacker...

India-Indonesia UPI-QRIS link nears launch, bypassing US dollar

India and Indonesia are in the final stages of linking their national payment systems, UPI and QRIS, for cross-border settlements.The new mechanism will use...

Judge blocks Minnesota’s first-in-nation prediction market ban

A federal judge paused Minnesota's first-in-the-nation prediction market ban, days before the felony law was due to take effect.Judge Katherine Menendez found Kalshi, Polymarket...

Robinhood to livestream IPO roadshow for Ventures Fund II on Aug. 3

Robinhood Markets will livestream its IPO roadshow for Robinhood Ventures Fund II (RVII) on Aug. 3, opening the presentation to retail investors.RVII shares will...

CZ backs crypto license passporting across ASEAN for easier entry

Binance co-founder Changpeng "CZ" Zhao endorsed crypto license passporting across ASEAN to simplify market entry for regulated firms.Zhao argued that regulators should not require...

Critical Arista VeloCloud Flaw Under Active Attack, Patch Now

A maximum-severity command injection flaw (CVE-2026-16812, CVSS 10.0) in on-premises Arista VeloCloud Orchestrator (VCO) is under active exploitation.CISA has added the vulnerability to its...

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AI Credit Default Swaps Surge, Nvidia Protection Cost Doubles

Demand for credit default swaps (CDS) on mega-cap AI stocks has surged, with NVIDIA's annual insurance premium doubling since...

Binance launches USDT-settled gold and silver options via ADGM

Binance launches USDT-settled options on Gold and silver through its Abu Dhabi-regulated exchange.Retail users can only buy options, while...

RufRoot vulnerability allows unauthenticated RCE in Ruflo

A maximum-severity vulnerability (CVE-2026-59726, CVSS 10.0) in the open-source AI agent platform Ruflo allows unauthenticated remote code execution.The flaw,...

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