TSMC’s outsize role poses a challenge for Sherman Lin, the chair of the Taiwan Stock Exchange Corporation, which runs the island’s main stock exchange. According to Bloomberg calculations, Taiwan overtook India to become
Key Takeaways Digital Currency Group subsidiary Luno reduced its staff by 20% to build a leaner operational model. Retail trading drops drove Luno’s second major workforce reduction, following a 35% cut in January 2023. Luno will pivot
Key Takeaways Thailand SEC accused Bitkub over 2021 reports tied to a $50M hack and filed a criminal complaint. Bitkub said co-founders replaced $50M in stolen assets, keeping customer funds fully intact in 2021. ECD will investigate
Key Takeaways Coinbase traced the 50-minute outage to an undetected Kubernetes resource name collision during a routine infrastructure update. The incident disrupted transfers, Coinbase Card debit purchases, institutional settlements, and onchain services across multiple platforms.
