Dutch AI chip startup Euclyd has raised more than €200 million in a Series A round, with Samsung, Somerset Capital Partners, EQT’s Scaleup Europe Fund and Innovation Industries co-leading the deal. Other participants included EIFO, imec.xpand, Brabant Development Agency and Quadri. Founded in 2024 and based in Eindhoven, the Netherlands, Euclyd is focused on AI inference chips and is aiming to challenge Nvidia’s dominance in inference workloads. The company said its CRAFTWERK chip includes 16,384 custom processors and is designed to process data directly in memory. Its rack-scale product, CRAFTWERK Station, is planned to combine 32 chips and targets 1 exaflop of compute by 2028. Euclyd also said that, under specific test models, its chip efficiency could reach as much as 100 times that of Nvidia’s latest Vera Rubin chip, though the figure remains a company projection and has not yet been validated through commercial-scale deployment. The startup said it will use the new capital to expand its engineering team, speed up chip and data center system development, and advance its business with enterprise, sovereign and hyperscale cloud customers.

Cryptocurrency wallet providers in the European Union now face a tight disclosure schedule under the bloc’s Cyber Resilience Act. The new rules require hardware and software wallet makers to file an early warning within 24 hours after becoming aware of an actively exploited bug or severe vulnerability affecting their products, then submit a full notification within 72 hours. A final report must follow 14 days after corrective or mitigating measures become available, while severe incidents must be fully reported within one month. The reporting regime applies to products with digital elements made available in the EU, not only crypto wallets, and sits within the European Commission’s broader cybersecurity strategy. Penalties are steep: companies that fail to comply with Articles 13 and 14 can face fines of up to 15 million euros, or 2.5% of worldwide annual turnover, whichever is higher. Supplying incorrect, incomplete or misleading information can trigger fines of up to 5 million euros. The move comes after recent security incidents involving wallet providers and related service vendors, including Trezor’s disclosure that 67,000 additional US customers were exposed in a breach tied to shipping provider ShipMonk, phishing warnings issued by Trezor and BitBox, and a June warning from Zilliqa about a flaw in the Zilliqa Ledger app that could expose private keys.

The European Union’s Cyber Resilience Act, or CRA, officially took effect on Sept. 11, setting stricter incident-reporting obligations for providers of crypto hardware and software wallets sold in the EU market. Under the new rules, firms must file an early warning report within 24 hours after discovering an actively exploited vulnerability or a severe security flaw, then submit a full notification within 72 hours. After corrective or mitigation measures are taken, manufacturers must provide a final report within 14 days, while severe incidents must be fully reported within one month. The European Commission said the reporting framework is meant to better protect consumers and businesses from cyber threats. The rules apply to all products with digital elements offered on the EU market and form part of the bloc’s broader cybersecurity strategy. Penalties in the final draft are substantial: companies that fail to comply with Articles 13 and 14 may face administrative fines of up to €15 million, roughly $17.3 million, or 2.5% of global annual turnover, whichever is higher. Firms that submit incorrect, incomplete, or misleading information may be fined up to €5 million. The measure comes after several security incidents involving wallet providers. Trezor said on Sept. 4 that a data breach at logistics vendor ShipMonk affected about 67,000 U.S. customers, above the initial estimate of 14,000. This week, Trezor and BitBox also warned users about phishing emails disguised as urgent security notices. In June, Layer-1 blockchain network Zilliqa said a flaw in its Ledger app could allow attackers to recover private keys using public on-chain data.

Blockchain Association pushed back against claims from large banks that stablecoins are draining deposits from community banks, arguing that the charge is not backed by evidence. In a post on X, the group said Federal Deposit Insurance Corporation data show that large banks have been taking share from community banks for decades. As of 2023, non-community banks held at least 87% of U.S. domestic deposits, while community banks accounted for 13%. It also said the combined deposit share of JPMorgan Chase and Bank of America alone was more than 1.5 times that of the entire community banking sector. The association added that since the GENIUS Act was signed on July 18, 2025, U.S. bank deposits have continued to rise, increasing by $92.2 billion in the third quarter of 2025, $318.3 billion in the fourth quarter, and $389.7 billion in the first quarter of 2026. Citing a CRA International analysis covering 2019 to 2025, it said there was no statistically significant link between stablecoin growth and outflows from community bank deposits.

The US Treasury’s decision to expand its buyback operations for longer-dated Treasuries has sparked a fresh debate over liquidity, bond-market stress, and the purchasing power of the dollar. Beginning Sept. 9, the Treasury will raise the cap on each repurchase operation for 10-year to 30-year US government bonds from $2 billion to at least $4 billion. Officials said the move is aimed at improving market liquidity and does not qualify as quantitative easing, stressing that only the Federal Reserve can expand the monetary base. Robert Kiyosaki, author of Rich Dad Poor Dad, rejected that distinction. He argued that more Treasury buybacks still mean more dollar liquidity entering the system and described the step as another round of “fake” money creation. Kiyosaki also pointed to weakness in the US Dollar Index, saying the move reflects inflation concerns and leaves cash savers exposed as purchasing power erodes. He repeated his long-held call for investors to hold scarce assets such as gold, silver, and Bitcoin, while also mentioning quality real estate. The debate comes as US national debt has surpassed $40 trillion and market attention remains fixed on long-dated Treasury yields, the dollar’s direction, and inflation expectations.

President Trump said on April 23 that the US Navy has sealed the Strait of Hormuz, barring all ships without approval. Iran seized two container ships in retaliation, Brent crude surged, and the standoff continues.

A 2026 roundup highlights six crypto tax platforms and shows how tougher reporting rules in the US, EU, UK, and Canada are pushing investors toward automated tax tracking and clearer records.

The Canada Revenue Agency is actively pursuing nearly $40 million in undeclared crypto taxes, with over 400 audits underway. Meanwhile, Prime Minister Trudeau proposes raising capital gains tax to 66% for gains above $183,000 annually.