Business

Just under 90 million XPR tokens have just been transferred to crypto exchange Coinbase

Business / Leave a Comment

A major XRP transfer to Coinbase took place today, potentially signaling that an investor is preparing to sell. The move involved approximately 89,828,700 The funds were first sent to an intermediary wallet, “rwnYLUsoBQX3ECa1A5bSKLdbPoHKnqf63J”, before being transferred to an address associated with Coinbase, rRmgo6NW1W7GHjC5qEpcpQnq8NE74ZS1P. Such large-scale moves, often called “whale trades,” are closely watched in crypto […]

Just under 90 million XPR tokens have just been transferred to crypto exchange Coinbase Read More »

Donald Trump supported World Liberty Financial by minting $25 million in dollars1

Business / Leave a Comment

World Liberty Financial minted 25 million $1 stablecoins Monday morning and burned 3 million via its TokenGovernor contract, according to on-chain data, as the Trump-linked firm continues to deal with the fallout from a lending position that trapped depositors on the DeFi protocol Dolomite. The activity follows WLFI’s statement last week, issued in response to

Donald Trump supported World Liberty Financial by minting $25 million in dollars1 Read More »

As AI Agents Evolve in Crypto, Researchers Warn of Critical Security Flaw

Business / Leave a Comment

The cryptocurrency industry is moving toward a future in which AI agents handle everything from booking flights to executing trades and making payments, but new research suggests that the infrastructure underpinning this shift may not be secure. McKinsey recently projected that AI agents could account for between $3 trillion and $5 trillion in global consumer

As AI Agents Evolve in Crypto, Researchers Warn of Critical Security Flaw Read More »

Why Amplification May Be More Important Than Bitcoin

Business / Leave a Comment

Stock market investors may be overlooking an interesting metric at Strategy (MSTR), the largest publicly traded holder of Bitcoin. BTC$70,771.85: the capital market measure known as amplification. The amplification compares the size of the Michael Saylor-led company’s total debt and debt-like instruments, such as preferred stock, to its reserve of 766,970 BTC. As amplification increases,

Why Amplification May Be More Important Than Bitcoin Read More »

StarkWare cuts jobs in reorganization as Starknet revenue falls 99% from peak

Business / Leave a Comment

StarkWare is restructuring into two business units and reducing its workforce as it shifts from scaling Ethereum to building its own revenue-generating products — a shift forced by a more than 99% collapse in revenue from its flagship Starknet network. The changes were presented at a company-wide town hall hosted by CEO Eli Ben-Sasson, where

StarkWare cuts jobs in reorganization as Starknet revenue falls 99% from peak Read More »

Bitcoin Hit by $20 Million Hourly Selling Pressure Above $70,000

Business / Leave a Comment

Bitcoin BTC$70,735.54 The market is facing a familiar problem since prices surpassed $70,000 last week: a surge in profit-taking. According to blockchain analytics firm Glassnode, more than $20 million worth of BTC was sold per hour at a profit. “Each approach to the $70,000-$80,000 range faces low liquidity and profit-taking pressure, limiting the rebound. Another

Bitcoin Hit by $20 Million Hourly Selling Pressure Above $70,000 Read More »

Clarity Act Returns to US Senate, Banking Results: Crypto Week Ahead

Business / Leave a Comment

The coming week will see the US Senate return from recess, with the Clarity Act on the agenda while the National Credit Union Administration’s comment window on stablecoin issuer rules closes. Additionally, April 15 marks the U.S. tax filing deadline, which could put pressure on cryptocurrency holders in managing their finances and add volatility to

Clarity Act Returns to US Senate, Banking Results: Crypto Week Ahead Read More »

Attacker Mints $1 Billion Polkadot Tokens on Ethereum and Only Steals $250,000

Business / Leave a Comment

Crypto hacks are not new, but cases where attackers take big risks and walk away with peanuts are not common. This rare scenario occurred on Sunday. An attacker exploited a vulnerability in Hyperbridge’s cross-chain gateway that connects different blockchains, minting 1 billion Polkadot tokens ($1.19 billion) on Ethereum and swapping them for around $237,000 worth

Attacker Mints $1 Billion Polkadot Tokens on Ethereum and Only Steals $250,000 Read More »

Scroll to Top