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UK banks forge ‘digital sterling’ in landmark tokenization pilot

U.K. banks are commencing a live pilot phase for tokenized sterling deposits, a move that represents a concrete step toward modernizing the core infrastructure of the United Kingdom’s financial system using distributed ledger technology. Summary UK Finance has launched a live pilot of tokenized sterling deposits with six major banks, running through mid-2026. The trial … Read more

North Korean hackers used ChatGPT to help forge deepfake ID

A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack a target in South Korea, according to cybersecurity researchers. Attackers used the artificial intelligence tool to craft a fake draft of a South Korean military identification card in order to create a realistic-looking image meant … Read more

OKX and PayPal forge crypto on-ramp alliance in Europe

Understanding cryptocurrency has traditionally hindered adoption in Europe. OKX appears to have bypassed this hurdle by enabling purchases through a familiar, trusted platform: PayPal. On July 14, crypto exchange OKX announced a direct integration with PayPal, allowing users across the European Economic Area to fund accounts and purchase digital assets using the payments giant’s balance, … Read more

Space Forge raises $30M Series A to make chip materials in space

From AI to EVs, demand for semiconductors is exploding, but silicon is hitting its limits. Making more efficient chips requires new materials, ones far less ubiquitous than sand, but the solution might be out there — literally. Space Forge, a U.K. startup headquartered in Cardiff, Wales, recently raised a £22.6 million (approximately $30 million) Series A … Read more

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