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Coinbase’s AI Payment System Joins the Linux Foundation, Gains Support from Google, Stripe, AWS and Others

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Coinbase’s AI-driven x402 payment protocol is poised to become an open, standardized infrastructure under the Linux Foundation, the nonprofit platform for open source software development. The move aims to create a community-run ecosystem for high-frequency micro-transactions that traditional finance cannot handle effectively. The protocol has formed an initial governing body, the x402 Foundation, which includes […]

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Elliptic sees $285 million Drift operation as likely North Korea-linked deal

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Elliptic said Thursday that the $285 million Drift Protocol exploit, the largest this year, has “multiple indicators” of the involvement of a state-sponsored hacking group from North Korea’s DPRK. The research firm specifically highlighted on-chain behavior, laundering methodologies, and network-level signals, all of which correspond to previous state-linked attacks. Drift Protocol, whose token has fallen

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Here’s why Bitcoin’s fall below $68,000 increases the risk of a crash below $60,000

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President Donald Trump’s new aggressive posture toward Iran has sent bitcoin down about 2% over the past 24 hours, to $67,000. While this price action is consistent with typical volatility, beneath the surface the market structure appears fragile. This is primarily due to flows in the options market listed on Deribit, particularly a build-up in

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Here’s how Drift attackers drained more than $270 million using a Solana feature designed for convenience.

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The attack on Drift Protocol was not a hack in the traditional sense. No one has found a bug or decrypted a private key. There was also no flash loan exploit or manipulated oracle. Instead, an attacker used a legitimate Solana feature, “sustainable occasions,” to trick Drift’s security board into pre-approving transactions that would be

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Coinbase (COIN) Wins First OCC Trust Charter Greenlight, Bolstering Custody Push

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Coinbase (COIN) said Thursday it received initial approval for a national trust company charter from the U.S. Office of the Comptroller of the Currency, Bloomberg reported, marking a step toward operating as a federally regulated crypto custodian. Approval is not final. This is a conditional green light that sets out the requirements that Coinbase must

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CFTC sues Illinois over state cease-and-desist letters against prediction markets

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The Commodity Futures Trading Commission and the U.S. Department of Justice filed a lawsuit Thursday against Illinois and various state officials over the state’s efforts to shut down prediction market providers. Illinois has sent cease and desist letters to some prediction market providers, arguing that the companies were offering sports gaming products that should be

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Elon Musk’s X will deploy an anti-scam kill switch by automatically locking the first mentions of cryptography

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Social media platform X is preparing a new security measure aimed at stopping a widespread form of crypto-phishing that exploits hacked accounts to promote fraudulent tokens. The company will soon automatically lock any account mentioning cryptocurrency for the first time in its history, according to Nikita Bier, the company’s product manager. Users will need to

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Oil shock and risk of war keep crypto investors on the sidelines: grayscale

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Crypto markets are stuck in a holding pattern as geopolitical tensions in the Middle East cloud an otherwise improving macroeconomic backdrop, according to crypto asset manager Grayscale. “The war in Iran overshadowed virtually all other market developments in March,” Grayscale’s research team said in a report Wednesday. Before the conflict escalated, global growth appeared to

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