Hackers exploited a cross-chain bridge on Saturday, draining nearly $300 million from a piece of decentralized finance infrastructure and triggering cascading stress across multiple crypto platforms. Cross-chain bridges are protocols that allow assets to move between separate blockchains; their centralized custody of pooled assets makes them among the highest-value targets in DeFi. The exploit drained approximately $290 million, and the contagion spread quickly as connected platforms faced liquidity pressure and user withdrawals. Bridge vulnerabilities have historically produced some of crypto's largest single-incident losses, and this event follows a pattern where smart contract flaws or key management failures allow attackers to mint or withdraw unbacked assets. Observers will watch for platform solvency disclosures, emergency governance votes to freeze or replace affected contracts, and potential regulatory responses targeting bridge infrastructure specifically. The scale of the loss is large enough to reprice risk across DeFi lending and liquidity pools in the near term.
Apple has raised MacBook and iPad prices in India by 20% to 42%, citing a sharp surge in memory chip costs driven by AI data centre demand. Micron, the leading memory supplier, reported 86% gross margins, confirming that supply pressures have fundamentally shifted component pricing across the consumer electronics
India's central government will take a 1-2% stake in AI unicorn Sarvam once its $300 million funding round closes, converting compute subsidies provided under the IndiaAI Mission into equity. The move sets a precedent for how the government accounts for public support given to homegrown AI startups.
Apple announced iOS 27 at WWDC 2026, featuring a redesigned Siri as a standalone app with chat history, apps launching up to 30 percent faster, and a refined Liquid Glass interface. A developer preview is live now, with public release expected around September 2026.
Apple's WWDC 2026 keynote unveiled a fully redesigned Siri and confirmed iOS 27 alongside updates for iPadOS, visionOS, watchOS, and macOS. The Siri overhaul is the most strategically significant move, targeting a competitive gap with Google and Microsoft in AI assistants.
