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The latest crypto headlines, updated continuously. · Page 104

Foundry asks Bitcoin miners to vote on BIP-110 support
cryptoabout 2 months ago

Foundry asks Bitcoin miners to vote on BIP-110 support

Foundry USA asked its mining customers to signal their support for BIP-110, an actively debated proposal seeking to shrink the amount of data that can be stored in a Bitcoin transaction.

Cointelegraph

SecondFi to wind down after $2.6M ADA theft linked to wallet flaw
cryptoabout 2 months ago

SecondFi to wind down after $2.6M ADA theft linked to wallet flaw

SecondFi will wind down after a $2.6 million ADA theft, while users still await recovery tools that were initially expected within weeks of the exploit.

Cointelegraph

Galaxy pledges $5M for developers quantum-proofing Bitcoin
cryptoabout 2 months ago

Galaxy pledges $5M for developers quantum-proofing Bitcoin

Galaxy pledged up to $5 million in grants for developers working on Bitcoin’s quantum security and elected a council of quantum-advisory experts to research quantum-resistant migration solutions.

Cointelegraph

Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
cryptoabout 2 months ago

Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults

An attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the difference in a single transaction.

CoinDesk

Live updates: Bitcoin under $66,000 as traders await Alphabet earnings to gauge AI trade
cryptoabout 2 months ago

Live updates: Bitcoin under $66,000 as traders await Alphabet earnings to gauge AI trade

A two-day chip rebound stalled ahead of Alphabet's earnings in a sign of whether the hundreds of billions going into AI is paying off. Bitcoin has tracked that trade all month.

CoinDesk

Bitcoin ETFs extend inflow streak to 6 days with $203M added
cryptoabout 2 months ago

Bitcoin ETFs extend inflow streak to 6 days with $203M added

US spot Bitcoin ETFs extended their inflow streak to six sessions, bringing in about $930 million while remaining down $4.84 billion on a net basis year to date.

Cointelegraph

AI models escaped OpenAI’s sandbox and hit Hugging Face. Crypto is where that gets dangerous
cryptoabout 2 months ago

AI models escaped OpenAI’s sandbox and hit Hugging Face. Crypto is where that gets dangerous

OpenAI said the systems had their cyber guardrails lowered for an internal benchmark, but the incident shows how autonomous exploit chains could pose a deeper threat to smart contracts, where losses are final.

CoinDesk

Bitcoin holds near $66,300 as chips extend their rally and the yen hits a 40-year low
cryptoabout 2 months ago

Bitcoin holds near $66,300 as chips extend their rally and the yen hits a 40-year low

Semiconductor stocks led a second day of gains on AI optimism, while the yen slid past 163 per dollar for the first time since 1986.

CoinDesk

Balance Coin crashes 99% after reported $915K exploit
cryptoabout 2 months ago

Balance Coin crashes 99% after reported $915K exploit

Blockchain security firms linked the collapse to a suspected attack on 42DAO, the decentralized organization that governs the Balance Protocol ecosystem.

Cointelegraph

OpenAI says AI models escaped containment to hack Hugging Face
cryptoabout 2 months ago

OpenAI says AI models escaped containment to hack Hugging Face

OpenAI called it an “unprecedented cyber incident” after its AI models broke out of their sandbox to hack an AI startup during a security evaluation.

Cointelegraph

Balaji’s Network School turns to Kazakhstan amid Malaysia setback
cryptoabout 2 months ago

Balaji’s Network School turns to Kazakhstan amid Malaysia setback

The agreement gives Balaji Srinivasan’s tech community a potential new base as Malaysian authorities clamp down on the Network School over alleged licensing breaches.

Cointelegraph

Crypto lobby group Digital Chamber sues Illinois to block digital asset tax
cryptoabout 2 months ago

Crypto lobby group Digital Chamber sues Illinois to block digital asset tax

Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year.

CoinDesk

CLARITY Act could help CFTC deal with prediction markets: Lawyer
cryptoabout 2 months ago

CLARITY Act could help CFTC deal with prediction markets: Lawyer

According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC the authority it needs to address the “explosive growth of prediction markets.”

Cointelegraph

Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal
cryptoabout 2 months ago

Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal

The White House has circulated some details of the conflict-of-interest limits the president agreed to with Republican negotiators, but talks are still underway.

CoinDesk

Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil
cryptoabout 2 months ago

Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil

The blockchain developer will continue operating under court supervision as it restructures following a market-making scandal, a co-founder’s suspension, and exchange delistings that rocked the project.

Cointelegraph

Ether breaks the $1.9K resistance; is $2.1K the next target for ETH bulls?
cryptoabout 2 months ago

Ether breaks the $1.9K resistance; is $2.1K the next target for ETH bulls?

Ether’s rally faces onchain headwinds, but rising staking demand and Google earnings could spark the push toward $2,100.

Cointelegraph

Bitcoin rally faces key test at $68,000 as 'summer slumber' grips crypto, analysts say
cryptoabout 2 months ago

Bitcoin rally faces key test at $68,000 as 'summer slumber' grips crypto, analysts say

BTC has rebounded 15% from the July lows, but some analysts cautioned that the next move hinges on clearing a level where many recent buyers may look to sell.

CoinDesk

Pakistan steps up crypto enforcement with dedicated federal unit
cryptoabout 2 months ago

Pakistan steps up crypto enforcement with dedicated federal unit

A senior official with Pakistan’s Federal Investigation Agency reportedly recommended other agencies establish similar units to address crypto-related crime.

Cointelegraph