Wyoming Stable Token Commission Ditches LayerZero for Chainlink's CCIP

Evercrest Technologies, the company behind KelpDAO, has filed a civil lawsuit against LayerZero entities and co-founder Bryan Pellegrino over a $292M rsETH bridge exploit in April. KelpDAO alleges LayerZero reviewed and endorsed the bridge configuration blamed for the attack, claims not yet proven in court. The lawsuit includes allegations of negligence, negligent misrepresentation, and defamation.

Taiwan Semiconductor Manufacturing Co. (TSMC) is considering Sherman, Texas, for a new chip fabrication plant, with reports suggesting an investment of up to $120B. TSMC's CEO stated the company is expanding to meet customer demand, with potential sites also in Central Texas. Sherman's water supply and land availability make it a strong candidate, according to local officials and reports.

Philips (PHG) launched the HyperVue Integrated System in the U.S., a fixed-room coronary imaging system with FDA clearance. The system combines imaging and physiology assessment in a dedicated interventional suite. Philips will showcase the product at TCT 2026. The company reported EUR 18 billion in 2025 sales.

Vishay, a US chipmaker, plans to invest hundreds of millions in its German facility, with reports suggesting €1 billion. The German government approved €215 million in funding. The expansion will create 250 jobs and produce larger 300mm wafers, increasing output efficiency.

Pfizer's Michael Burns shared new clinical data on ABBV-400 (telisotuzumab adizutecan) in metastatic colorectal cancer. The randomized Phase 1 study, published in Annals of Oncology, evaluated the novel c-Met-directed antibody-drug conjugate combined with anti-VEGF therapy. The study explored efficacy and tolerability in heavily pretreated patients, with Phase 3 trials ongoing.

Anthropic's S-1 filing shows revenue per compute dollar surged to $2.08, up from $0.40 a year earlier, supporting NVIDIA's GPU demand. Analysts project NVIDIA's revenue to grow to $692B by fiscal 2028, but margins may shrink due to rising memory costs. NVIDIA trades at 18x forward earnings, below its 3-year average of 30x.