Ethereum Layer 2 protocol Taiko confirmed a serious security breach on Monday after an attacker exploited a flaw in its bridge verification system, draining an estimated $1.5 million to $1.7 million from its ERC20 Vault. The incident has halted block production on the network and prompted urgent warnings for users to secure their funds. What…
Meta is betting on India for WhatsApp’s next chapter, naming entrepreneur Kunal Shah to lead the messaging app and succeed Will Cathcart, who is stepping down after nearly seven years at the helm to take on a new product-building role at the company. The move comes alongside a Meta-led $900 million financing for Indian fintech…
WSJ reports Polymarket has a multimillion-dollar promotional deal with streamer Adin Ross. In at least 5 of his videos, Ross identified ways to use inside information to trade, WSJ found. Polymarket promoted at least 19 videos discussing inside information or market-manipulation tactics, WSJ says. A celebrity deal under scrutiny Polymarket struck a multimillion-dollar promotional deal…
Strategy has increased its cash reserves by $300 million while adding 520 Bitcoin worth roughly $35 million, highlighting a growing focus on liquidity alongside continued cryptocurrency purchases. Summary Strategy bought 520 Bitcoin for $35 million, raising its total holdings to 847,363 BTC. A June 22 filing showed the company increased cash reserves by $300 million…
Creating videos with generative AI content for your brand or channel usually requires a bunch of different apps, services, and sites to get the job done. Worse: It’s often inefficient, time-consuming, and hard to get exactly what you want. VEED.IO recognized this and created an all-in-one browser-based platform that lets you create videos and edit…
Worldcoin is having a moment, and the chart is starting to agree with the hype. WLD is trading around $0.63, up over 6% in 24 hours, after spending most of the year in obscurity below $0.30. The golden cross forming on the daily chart has traders paying attention, but whether this is a genuine trend…
UK prime minister Keir Starmer has resigned from office less than two years after leading the Labour party to a landslide general election victory. Starmer’s popularity has tanked since the start of his premiership as Britons have faced tax hikes, spending cuts, and struggled to see the promised improvements to creaking public services. May’s local…
Key Takeaways Alan Greenspan, one of the longest-serving Federal Reserve chairmen in U.S. history, has died at age 100. The Fed credited Greenspan with helping shape monetary policy, price stability, and institutional credibility during his 18-year tenure. Greenspan remained skeptical of bitcoin throughout its rise, contrasting with current Fed Chair Kevin Warsh’s view that digital…
The company is 94% of the way of owning 5% of Ethereum’s total supply. The rough market conditions and the global uncertainty have failed to faze the Tom Lee-chaired Ethereum buying machine, as Bitmine has spent approximately $90 million to acquire 52,203 ETH over the past week. Lee remains highly bullish on the industry,…
As India searches for a homegrown contender in the global artificial intelligence race, billionaire Mukesh Ambani is positioning Reliance Industries as a national champion, rolling out AI services for phone calls, mobile apps, and connected homes. At its annual shareholder meeting on Friday, the Mumbai-based conglomerate announced Jio Call Agent, an AI assistant that can…
