Tag: latest crypto news

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Local Stablecoins Could Become Gateways to Digital Dollars: IMF

Domestic-currency stablecoins intended to curb reliance on dollar-backed tokens could instead make it easier for users to move funds into digital dollars, according...

Trump-backed American Bitcoin board member adds $1.9 million to personal stake

Justin Mateen, a director of the board at American Bitcoin (ABTC), the mining company backed by U.S. President Donald Trump’s family, purchased nearly...

Flock Wanted to Turn 350,000 Uber Drivers Into a Nationwide Plate-Scanning Fleet

In brief A Flock presentation obtained via public records shows a planned Nexar partnership using ~350,000 Uber, Lyft, and delivery dashcams to scan plates...

BitMEX sale faltered as buyers balked at founder ownership and shrinking business

The company's deteriorating financial performance compounded these concerns. BitMEX continued to lose market share throughout the sale process as trading activity migrated to...

Hackers Use BNB Chain to Spread Malware Through Fake CAPTCHAs

In brief Hackers are using BNB Smart Chain contracts to store malware instructions. Fake CAPTCHA prompts tell victims to paste malicious commands into Windows tools. Successful...

Bitcoin Price Shrugs Off Coldcard Hack And Clarity Act Delay

Bitcoin was trading higher on Friday — despite negative news circulating regarding the Clarity Act delay and a massive exploit of...

SK hynix doubles down on AI with $38B chip expansion

SK hynix is making another massive wager on artificial intelligence. The South Korean memory giant approved 54 trillion won (about $38 billion) in...

Senate Pushes Clarity Act Vote Past August Recess

TLDR The U.S. Senate delayed the Clarity Act procedural vote until lawmakers return from the August recess in September. Senate Majority Leader John Thune...

‘Extract far less’ – Uniswap CEO backs Trade Pools’ 0.25% fee

Uniswap has dismissed claims that its 4x cheaper token launchpad called ‘ Trade Pools’ is designed to “extract” most value from users.  The new...

Ondo Finance hit by corporate control fight as founder’s mother seeks to oust CEO

According to the complaint, Allman appointed herself to the board, adopted an interim policy allowing ordinary business operations to continue, reaffirmed De Bode...