Visa unveils stablecoin pilot for faster payments

Visa unveiled a stablecoin prefunding pilot for Visa Direct at SIBOS 2025, enabling faster, more flexible global payments. By integrating stablecoins, the pilot aims to modernise treasury operations, offering a solution tailored for the digital-first economy.

Traditional cross-border payments often rely on slow, costly systems that require businesses to hold large fiat balances in advance. The pilot lets companies pre-fund Visa Direct with stablecoins, cutting friction and boosting liquidity for active, efficient capital.

Financial institutions, banks, and remitters benefit from this approach, as stablecoins provide a consistent settlement layer, minimising exposure to currency volatility. Funds move in minutes, not days, enabling dynamic liquidity and predictable treasury for high-volume payouts.

Set to expand in 2026, the pilot builds on Visa’s global network and blockchain programmability, transforming how businesses handle cross-border transactions. Recipients still receive payments in local currency, ensuring seamless integration with existing systems.

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Quantum leap as Caltech builds 6,100-qubit processor

A team of physicists at the California Institute of Technology has unveiled a quantum computing breakthrough, creating an array of 6,100 qubits, the largest of its kind to date.

The leap surpasses previous systems, which typically contained around a thousand qubits, and marks a step closer to practical quantum algorithms.

Researchers used caesium atoms as qubits, trapping them with laser tweezers inside an ultra-high-vacuum chamber.

These qubits maintained superposition for almost 13 seconds, nearly ten times longer than previous benchmarks. They could also be manipulated with 99.98 percent accuracy, proving that scaling up need not compromise precision.

Unlike classical bits, qubits exploit superposition, allowing a spread of probabilities instead of fixed binary states. It enables powerful computations but also demands error correction to overcome qubit fragility. The surplus qubits in this new array provide a path to large, error-corrected machines.

Physicists believe the next milestone will involve harnessing entanglement, enabling the shift from storing quantum information to processing it. If progress continues, quantum computers could soon revolutionise science by uncovering new materials, forms of matter, and fundamental laws of physics.

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CISA warns of advanced campaign exploiting Cisco appliances in federal networks

US cybersecurity officials have issued an emergency directive after hackers breached a federal agency by exploiting critical flaws in Cisco appliances. CISA warned the campaign poses a severe risk to government networks.

Experts told CNN they believe the hackers are state-backed and operating out of China, raising alarm among officials. Hundreds of compromised devices are reportedly in use across the federal government, CISA stated, issuing a directive to rapidly assess the scope of this major breach.

Cisco confirmed it was urgently alerted to the breaches by US government agencies in May and quickly assigned a specialised team to investigate. The company provided advanced detection tools, worked intensely to analyse compromised environments, and examined firmware from infected devices.

Cisco stated that the attackers exploited multiple zero-day flaws and employed advanced evasion techniques. It suspects a link to the ArcaneDoor campaign reported in early 2024.

CISA has withheld details about which agencies were affected or the precise nature of the breaches, underscoring the gravity of the situation. Investigations are currently underway to contain the ongoing threat and prevent further exploitation.

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UNDP and RIPE NCC join forces for sustainable development

The United Nations Development Programme (UNDP) and the Réseaux IP Européens Network Coordination Centre (RIPE NCC) have signed a new agreement to boost cooperation on digital development. The Memorandum of Understanding, announced in New York during the UN General Assembly’s High-Level Week, focuses on building scalable, secure, and resilient internet infrastructure across the Arab States and beyond.

By combining UNDP’s development mandate with RIPE NCC’s technical expertise, the partnership aims to promote inclusive digital transformation and accelerate progress toward the Sustainable Development Goals.

UNDP’s Abdallah Al Dardari stressed that digital transformation is now a ‘development imperative,’ while RIPE NCC CEO Hans Petter Holen highlighted that resilient internet systems are vital for innovation and growth.

The announcement took place as part of Digital@UNGA Week and came just ahead of UNDP’s High-Level Roundtable on Digital for Sustainable Development. At the roundtable, partners unveiled Morocco’s Digital for Sustainable Development Hub, underscoring the growing role of multi-stakeholder cooperation in shaping inclusive digital ecosystems worldwide.

For more information from the 80th session of the UN General Assembly, visit our dedicated page.

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Uzbekistan positions itself as Central Asia’s new AI and technology hub

Using its largest-ever ICT Week, Uzbekistan is showcasing ambitions to become a regional centre for AI and digital transformation.

More than 20,000 participants, 300 companies, and delegations from over 50 countries gathered in Tashkent, signalling Central Asia’s growing role in the global technology landscape.

The country invests in AI projects across various sectors, including education, healthcare, banking, and industry, with more than 100 initiatives underway.

Officials emphasise that digitalisation must serve people directly, by improving services and creating jobs for Uzbekistan’s young and expanding population.

The demographic advantage is shaping a vision of AI that prioritises dignity, opportunity, and inclusive growth.

International recognition has followed. The UN’s International Telecommunication Union described Uzbekistan as ‘leading the way’ in the region, praising high connectivity, supportive policies, and progress in youth participation and gender equality.

Infrastructure is also advancing, with global investors like DataVolt building one of Central Asia’s most advanced data centres in Tashkent.

Uzbekistan’s private sector is also drawing attention. Fintech and e-commerce unicorn Uzum recently secured significant investment from Tencent and VR Capital, reaching a valuation above €1.3 billion.

Public policy and private investment are positioning the country as a credible AI hub connecting Europe, Asia, and the Middle East.

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LinkedIn default AI data sharing faces Dutch privacy watchdog scrutiny

The Dutch privacy watchdog, Autoriteit Persoonsgegevens (AP), is warning LinkedIn users in the Netherlands to review their settings to prevent their data from being used for AI training.

LinkedIn plans to use names, job titles, education history, locations, skills, photos, and public posts from European users to train its systems. Private messages will not be included; however, the sharing option is enabled by default.

AP Deputy Chair Monique Verdier said the move poses significant risks. She warned that once personal data is used to train a model, it cannot be removed, and its future uses are unpredictable.

LinkedIn, headquartered in Dublin, falls under the jurisdiction of the Data Protection Commission in Ireland, which will determine whether the plan can proceed. The AP said it is working with Irish and EU counterparts and has already received complaints.

Users must opt out by 3 November if they do not wish to have their data used. They can disable the setting via the AP’s link or manually in LinkedIn under ‘settings & privacy’ → ‘data privacy’ → ‘data for improving generative AI’.

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CISA highlights failures after US agency cyber breach

The US Cybersecurity and Infrastructure Security Agency (CISA) has published lessons from its response to a federal agency breach.

Hackers exploited an unpatched vulnerability in GeoServer software, gaining access to multiple systems. CISA noted that the flaw had been disclosed weeks earlier and added to its Known Exploited Vulnerabilities catalogue, but the agency had not patched it in time.

Investigators also found that incident response plans were outdated and had not been tested. The lack of clear procedures delayed third-party support and restricted access to vital security tools during the investigation.

CISA added that endpoint detection alerts were not continuously reviewed and some US public-facing systems had no protection, leaving attackers free to install web shells and move laterally through the network.

The agency urged all organisations to prioritise patching, maintain and rehearse incident response plans, and ensure comprehensive logging to strengthen resilience against future cybersecurity attacks.

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Secrets sprawl flagged as top software supply chain risk in Australia

Avocado Consulting urges Australian organisations to boost software supply chain security after a high-alert warning from the Australian Cyber Security Centre (ACSC). The alert flagged threats, including social engineering, stolen tokens, and manipulated software packages.

Dennis Baltazar of Avocado Consulting said attackers combine social engineering with living-off-the-land techniques, making attacks appear routine. He warned that secrets left across systems can turn small slips into major breaches.

Baltazar advised immediate audits to find unmanaged privileged accounts and non-human identities. He urged embedding security into workflows by using short-lived credentials, policy-as-code, and default secret detection to reduce incidents and increase development speed for users in Australia.

Avocado Consulting advises organisations to eliminate secrets from code and pipelines, rotate tokens frequently, and validate every software dependency by default using version pinning, integrity checks, and provenance verification. Monitoring CI/CD activity for anomalies can also help detect attacks early.

Failing to act could expose cryptographic keys, facilitate privilege escalation, and result in reputational and operational damage. Avocado Consulting states that secure development practices must become the default, with automated scanning and push protection integrated into the software development lifecycle.

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OpenAI, Oracle and SoftBank expand Stargate with new US data centres

A collaboration between OpenAI, Oracle, and SoftBank has announced five new data centres under the Stargate initiative, a $500 billion plan to expand US AI computing infrastructure.

The latest sites bring total planned capacity to nearly 7 gigawatts, with over $400 billion already committed, putting the project ahead of schedule to meet its 2025 target of 10 gigawatts.

Oracle will lead three projects in Texas, New Mexico and the Midwest, adding over 5.5 gigawatts of capacity and creating more than 25,000 jobs.

SoftBank will develop facilities in Ohio and Texas, expected to scale to 1.5 gigawatts within 18 months. SB Energy, its affiliate, will provide rapid-build infrastructure for the Texas site.

The companies described the expansion as a step toward faster deployment and greater cost efficiency, making high-performance computing more widely accessible.

Site selection followed a nationwide review of more than 300 proposals, with further projects under evaluation, suggesting investment could surpass the original commitment.

OpenAI CEO Sam Altman stressed that compute power is key to unlocking AI’s promise, while Oracle and SoftBank leaders highlighted scalable infrastructure and energy expertise as central to the initiative. With Stargate, the partners aim to anchor the next wave of AI innovation on US soil.

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Meta offers Llama AI to US allies amid global tech race

Meta will provide its Llama AI model to key European institutions, NATO, and several allied countries as part of efforts to strengthen national security capabilities.

The company confirmed that France, Germany, Italy, Japan, South Korea, and the EU will gain access to the open-source model. US defence and security agencies and partners in Australia, Canada, New Zealand, and the UK already use Llama.

Meta stated that the aim is to ensure democratic allies have the most advanced AI tools for decision-making, mission planning, and operational efficiency.

Although its terms bar use for direct military or espionage applications, the company emphasised that supporting allied defence strategies is in the interest of nations.

The move highlights the strategic importance of AI models in global security. Meta has positioned Llama as a counterweight to other countries’ developments, after allegations that researchers adapted earlier versions of the model for military purposes.

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