Binance-affiliated companies have launched a high-profile legal battle against stablecoin payments provider RedotPay, accusing the firm and its co-founders of improperly diverting nearly half a million Binance users in violation of commercial agreements. The lawsuit, filed in Hong Kong, seeks approximately $472.8 million in damages, marking one of the most significant legal disputes to emerge…
Today’s Wordle answer should be easy to solve if you’re a good actor. If you just want to be told today’s word, you can jump to the bottom of this article for today’s Wordle solution revealed. But if you’d rather solve it yourself, keep reading for some clues, tips, and strategies to assist you. SEE…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. At first glance, the headlines making rounds across social media sound like a dream for crypto traders: Thailand has officially waived capital gains tax on digital assets. But before off-grid investors pack their bags for…
Canaan has authorized management to sell part of its Bitcoin and Ethereum holdings to finance share repurchases under an existing $30 million program. Summary Canaan’s crypto treasury was worth about $130 million as of Aug. 3. The miner held 1,915 BTC and 3,952 ETH at the end of June. Canaan had spent $2 million on…
The AI industry is having a rogue agent summer. The latest model to escape onto the open internet during security testing is Kimi K3, a powerful open-weight offering from the Chinese company Moonshot AI. Frontier Security, a US startup, says that Kimi K3 went outside of its sandbox while testing its defensive cybersecurity skills. As…
Key Takeaways FXRP now serves as collateral in Sentora’s reported $280 million RLUSD vault. XRP holders can borrow RLUSD without selling their underlying assets. The launch extends XRP into Ethereum-based institutional credit markets. XRP Enters a Major Ethereum Lending Vault Institutional decentralized finance (DeFi) platform Sentora announced on Aug. 3 that FXRP had joined its…
LDO remains trapped in a multi-year downtrend, with analysts watching $0.47 as the level needed for a possible reversal. Analyst Crypto Patel said on August 6 that Lido DAO’s LDO token could recover more than 1,700% after falling nearly 94% from its previous all-time high. The market watcher believes LDO is sitting in a…
More details continue to trickle out about OpenAI’s mysterious new hardware device — described previously as an AI-fueled smart speaker that will be the “physical manifestation” of ChatGPT. Bloomberg now reports that the device will be “donut-shaped,” designed thusly to allow users to carry it around their home and place it in different locations, like…
