IoTeX offered a 10% bounty to hacker(s) who exploited a private key on its ioTube cross-chain bridge, siphoning off millions of dollars, in exchange for voluntarily returning funds within 48 hours. With the move, IoTeX is offering $440,000 if the bad actor(s) returns approximately $4.4 million they stole, according to an article from IoTeX Chai […]
San Francisco, CA – NEAR launches Near.com, a new crypto wallet and consumer app that aims to make blockchain technology as easy as using a traditional financial app, while positioning itself at the intersection of crypto and artificial intelligence (AI). Polosukhin previously co-authored the paper that introduced the Transformer Model, the architecture that underpins modern
NEAR launches Near.com super app, touting AI capabilities and confidential transactions Read More »
The seemingly daily disruption of business models by advances in artificial intelligence continued Monday, sending stock market averages and cryptocurrency prices tumbling. Today’s victim (in addition to the usual victims) was IBM after Anthropic said Claude’s code could automate COBOL modernization. “COBOL [Common Business-Oriented Language] is everywhere,” Anthropic said. “It processes approximately 95% of ATM
BTC falls back to $64,000 as IBM becomes latest AI target Read More »
Several Russia-linked crypto exchanges continue to allow transactions linked to sanctioned entities, according to a report released Friday by blockchain analytics firm Elliptic. The report describes how some platforms allow users to convert rubles into cryptocurrencies, transfer funds across borders outside of traditional banking channels, and cash out through foreign brokers or exchanges. Elliptic said
Elliptic Flags Russia-Linked Crypto Exchanges Due to Sanctions Exposure Risks Read More »
Solana Company (HSDT) announced plans to build a high-speed infrastructure network in the Asia-Pacific region to support the growth of the Solana blockchain and diversify its revenue streams. The initiative, called “Pacific Backbone,” will connect Seoul, Tokyo, Singapore and Hong Kong to a low-latency cluster designed to support staking, validation and trading services on Solana.
Bitcoin BTC$64,768.11 The very modest rebound after the sharp overnight sell-off quickly faded during the morning session in the United States on Monday as broader risk markets fell sharply. Trading at $65,400 around midday on the East Coast, bitcoin has fallen 35% in the past 24 hours. The action came as U.S. stocks fell. The
BTC slides towards $65,000 amid US stocks rout Read More »
Crypto.com said it received conditional approval from the US Office of the Comptroller of the Currency (OCC) to create a national trust bank, paving the way for the expansion of its federally supervised custody services. Foris Dax National Trust Bank, doing business as Crypto.com National Trust Bank, would operate as a limited purpose national trust
Crypto.com Obtains OCC Approval for Federally Regulated Crypto Custodian Bank Read More »
$1, World Liberty Financial’s US dollar stablecoin – a crypto protocol with close ties to President Donald Trump’s family – slipped from its $1 peg on Monday amid what the project’s developers described as a “coordinated attack” on the protocol. The token fell to $0.994 during the day, about 0.6% from its expected footing of
Trump-linked USD1 stablecoin falters as WLFI says it’s under ‘coordinated attack’ Read More »
ProCap Financial (BRR), which bills itself as the first publicly traded agent financing company, has launched its share buyback program aimed at reducing the discount between its share price and net asset value (NAV). The company said it purchased 148,241 BRR shares on the open market on February 20. This implies a purchase price of
Bitcoin Treasury Company ProCap (BRR) Buys Back $350,000 in Stock Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1917.67, down 2.4% (-47.79) since 4 p.m. ET on Friday. Two of the 20 assets are trading higher. Leaders: AAVE (+1.7%) and UNI (+0.5%). Lagging behind: SUI (-4.8%)
AAVE gains 1.7% as index trades lower this weekend Read More »
