SK Hynix Bonus Dispute Deepens as Union Rejects Stock-Based Payout Proposal 
Samsung, SK Hynix Test AMEC Chipmaking Tools for China Backup Plan 
Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins 
UK AI Security Tests Reveal Anthropic and OpenAI Agents Attempted Unauthorized Actions 
Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium 
AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow 
Apple Restores Telegram to App Store After Content Policy Violation 
Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations 
Infineon Raises 2026 Revenue Outlook as AI Data Center Demand Fuels Record Quarterly Sales 
DeepSeek to Raise AI API Prices as Demand for New Models Surges 
SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook 
Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico 
OpenAI Restricts Astra AI Over Cyberattack Risks 
Palantir Stock Soars as AI Demand Drives Strong Q2 Earnings and Higher 2026 Outlook 
SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation 
Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race 
The state of South Carolina slapped a cease-and-desist order to a blockchain startup due to an alleged statute violation. The company is called ShipChain and is involved in freight product tracking using ethereum-based blockchain tech. It’s also a member of the Blockchain in Transport Alliance, which counts JD.com, FedEx, and other major companies in the shipping industry among its echelon.
To be specific, the order highlights that ShipChain continuously proffered investment opportunities to South Carolina residents via digital token despite the startup being unregistered to conduct such business. If the order passes, it will mandate ShipChain to cease “participating in any aspect of the securities industry in or from the State of South Carolina."
The fledgling shipping business has 30 days to request a hearing on the case. When granted audience, the startup can dispute that the tokens offered do not qualify as an unregistered securities offering. The company writes on its website that customers can pay via tokens to book freights for shipping products. The tokens are the only form of payment that the platform acknowledge.
In Texas, a Bitcoin investment startup has also been hit with a cease-and-desist order earlier this month due to the company conducting business without being registered to the proper agency. The order outlined that the startup lured investors with blinding numbers that return on their investments is 100 percent guarantee in just 21 days with no risk whatsoever. This type of businesses are classic scams that are taking advantage of the growing popularity of blockchain and cryptocurrency.
The regulations surrounding this nascent innovation is still at its infancy and that's why criminals are taking full advantage of this. For this reason, Canada and the United States is bringing down the hammer on this type of illicit activities. Part of the programs implemented to weed out these criminals is called Operation Crypto-Sweep helmed by the North American Securities Administrators Association (NASAA). The NASAA will be cooperating with state and provincial agencies to protect citizens and bring a stop to fraudulent crypto activities.
