AI Power War Escalates to Gigawatt Era: Tech Giants Place Billion-Dollar Bets on Compute, While Enterprise AI Agents Go Live in Production

The AI race intensifies on two fronts: compute infrastructure and real-world deployment. Anthropic secures a massive 2GW deal with AMD, while OpenAI plans trillions in future spending. Concurrently, executable AI agents are entering enterprise production systems, moving beyond demos. New models like MiMo‑V2.5 lead performance rankings.

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South Korean Crypto Exchange's Multi-Million Dollar Mistake: First Ruling on Misdelivered Bitcoin Compensation Case Set for August

A South Korean court will issue its first ruling on August 27th regarding a major crypto exchange's compensation case for misdelivered Bitcoin. The exchange mistakenly distributed Bitcoin instead of points during a promotion, leading to lawsuits against users who sold the erroneously received assets. The case involves significant sums and recovery efforts.

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Security Breach: VerusCoin Ethereum Bridge Exploited, $7.5M in Assets Drained – Incident Analysis

On July 23, the VerusCoin Ethereum bridge was exploited in a security attack, resulting in approximately $7.53 million in losses. Security firm CertiK suggests the vulnerability stemmed from the bridge contract's failure to properly validate cross-chain amounts, a similar issue noted previously. The incident highlights ongoing security challenges in cross-chain infrastructure.

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