Microsoft Teams has strengthened permission management for third-party AI agents, requiring confirmation from the meeting organizer before granting access.
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Aave founder says V3 unaffected after third-party adapter exploit drains $305K
Aave founder Stani Kulechov said Aave v3 was unaffected after an attacker exploited a third-party adapter to drain about $305,000 from two Safe multisig wallets.
AngelList will cease supporting cryptocurrency investments at the end of July due to the shutdown of its third-party payment service.
According to Foresight News , AngelList, a venture capital firm, announced on its official help page that it will no longer support investment and financing using cryptocurrencies starting July 31, 2026. The announcement stated that its third-party cryptocurrency payment service provider will soon cease operations, therefore the option to use digital assets such as USDC, USDT, DAI, and ETH to complete new investments, fundraising, or rolling fund subscriptions will be suspended across the platform until further notice. Other financing methods, such as ACH transfers and wire transfers, will not be affected. The announcement states that investments completed on or before July 31, 2026, will not be affected by this change and require no action from users; thereafter, users will need to use ACH or wire transfer to complete fund payments. For outstanding capital commitments originally planned to be made in cryptocurrency, AngelList advises investors to transfer all corresponding cryptocurrency assets to their AngelList accounts for safekeeping before July 30, or to complete subsequent investments via wire transfer or ACH. AngelList stated that it is evaluating the possibility of restoring digital asset financing functionality through a new service provider, but there is no definite timetable yet.
Bitget CEO says $388M hack exploited third-party security vulnerability
Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea link.
Binance opens crypto trading to AI agents with user-set controls
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Coinbase's Base Is Betting Big on AI Agents With $100K Startup Accelerator
Base is narrowing its accelerator to 10 startups as it looks for teams building AI agents, payments, trading, and financing products.
Microsoft is laying off 4,800 employees, with Xbox accounting for approximately 3,200 of the job cuts.
According to Mars Finance, Microsoft announced it will cut 4,800 jobs, approximately 2.1% of its global workforce. The Xbox gaming division is the hardest hit, with 1,600 jobs laid off on July 6th and another 1,600 expected to be cut this fiscal year, totaling about 3,200 positions. Asha Sharma, who took over as Xbox CEO in February, admitted to employees that the business is currently unhealthy, stating that Xbox's profit margin is three to ten times lower than comparable platforms and publishing businesses, and rising component costs have intensified competition with Sony's PlayStation and Nintendo's Switch. Microsoft will also spin off four previously acquired studios: Compulsion Games and Double Fine will operate independently, while Ninja Theory and Undead Labs will be transferred to new owners, partially reversing the gaming empire built three years ago with its $69 billion acquisition of Activision Blizzard. Chief People Officer Amy Coleman stated that the company launched a buyout program in April, and over one-third of eligible employees accepted. Microsoft's stock price has fallen by about 19% in the past six months.