Hedera’s native token HBAR has fallen more than 2% after blockchain security researchers reported that a suspected exploit had moved more than $5.8 million in assets from the Hedera network to Ethereum. Summary Suspected Hedera exploit moved more than $5.8 million in assets to Ethereum, according to blockchain security researchers. Specter and PeckShield said the…
Vitalik Buterin has called on Elon Musk to reshape X into a platform where ordinary users can help coordinate global AI governance instead of leaving key decisions to governments and large institutions. Summary Vitalik Buterin urged Elon Musk to turn X into a platform for global AI governance coordination. Buterin proposed predefined AI slowdown triggers…
We will also explore what happened with the Ethereum ETFs, which actually set a multi-month positive record on their own. After weeks and weeks of consistent dominance of net outflows, the spot exchange-traded funds tracking the two largest cryptocurrencies by market cap have flipped the script. This came amid a positive price rebound for…
The U.S. Department of Justice has reportedly moved to dismiss its criminal case against the founder of BitClub Network despite allegations that the crypto mining scheme defrauded investors of $722 million. Summary DOJ has reportedly moved to dismiss its case against BitClub founder Matthew Goettsche despite $722 million fraud allegations. The reported decision follows a…
Although most AIs didn’t agree on which is the winner, they all believe it won’t be bitcoin. We are already more than halfway through the year, and it’s safe to say that it hasn’t been kind to the largest cryptocurrencies. All three of the ones that we will explore in this article are deep…
OpenAI has reportedly supplied AI technology to Chinese companies on the Pentagon’s military-linked blacklist, adding fresh scrutiny to U.S. controls over advanced artificial intelligence exports. Summary OpenAI and Google reportedly provided AI access to Chinese firms on the Pentagon’s Section 1260H blacklist. The reported access has renewed debate over U.S. AI export controls and cloud-based…
Kraken has launched an AI-powered investing assistant that delivers personalized portfolio recommendations and market insights while keeping final trading decisions in users’ hands. Summary Kraken has launched an AI investing assistant that delivers personalized portfolio recommendations while requiring user approval for every trade. The platform builds investment plans using users’ financial goals, risk tolerance, funding…
Backpack has launched 24/7 trading for tokenized U.S. stocks across more than 150 countries, giving eligible investors direct ownership of selected equities with instant settlement. Summary Backpack has launched 24/7 trading for tokenized U.S. stocks with direct ownership and instant settlement. The exchange now offers tokenized shares of companies including SpaceX, Micron and SanDisk across…
South Korea has launched its first government-backed blockchain stablecoin pilot after Gyeonggi Province confirmed an eight-month proof-of-concept program scheduled to begin in August. Summary Gyeonggi Province will begin South Korea’s first government-backed blockchain stablecoin pilot in August. ZKrypto will test issuance, settlement, privacy, fraud prevention, and proof-of-reserves through February 2027. Toss and KT have also…
In crypto news today (July 10), Bitcoin has continued its rally from yesterday, holding above $63,000 and up 0.8% over the past 24 hours, trading at $63,800. Liquidations continue to drop, sitting at $191M today, down from $282M yesterday, with over $137M of that figure coming from short positions, a flip from yesterday and a…
