Binance founder Changpeng Zhao (CZ) says Sam Bankman-Fried asked him for “a few billion dollars nonchalantly, like he was asking for a bologna sandwich” during the phone call that preceded Binance’s attempt to acquire FTX in November 2022, and that he never had any intention of going through with it. “I had no interest in […]
The Solana Foundation announced a series of security initiatives on Monday, just five days after decentralized finance platform Drift Protocol was exposed to a $270 million exploit by a North Korean state-linked group following a six-month social engineering campaign. The centerpiece is Stride, a structured evaluation program led by Asymmetric Research that will assess Solana
Solana Foundation Launches Security Oversight Days After $270 Million Drift Leverage Read More »
When Drift revealed the details behind its $270 million exploit, the most disturbing part wasn’t the scale of the loss — it was how it happened. According to the team behind the protocol, the attack was not a clever contract flaw or a clever piece of code manipulation. It was a six-month campaign that involved
A Nobel Prize-winning physicist who helped build Google’s quantum computers warned that Bitcoin BTC$69,786.58 may be among the earliest real targets for the technology. In an interview with CoinDesk, John M. Martinis said that recent Google research showing how a quantum computer could break bitcoin encryption in minutes should be taken seriously. “I think it’s
Nobel-winning physicist warns bitcoin could be early target for quantum computing Read More »
Risk markets including bitcoin BTC$69,247.66staged a late-day meeting after Axios reported Iran’s positive reception of Pakistan’s request for a two-week ceasefire. “The president has been made aware of the proposal and a response will be forthcoming,” White House press secretary Karoline Leavit said when asked about the report. Under heavy pressure earlier in the session,
BTC recovers from early losses on hopes of Iran ceasefire Read More »
Global crypto exchange-traded products drew $224 million in inflows last week, following a $414 million outflow the previous week, according to CoinShares. The headline number looks like a rebound, but a deeper look shows that the pullback is far narrower than it appears. Switzerland alone accounted for about $157 million of the $224 million total,
XRP led crypto’s $224 million ETF inflow last week Read More »
A cryptocurrency venture linked to US President Donald Trump is facing fresh scrutiny after partnering with a company whose “flagship project” had recently involved individuals later sanctioned by the US and UK WLFI$0.09430a crypto business co-founded by Trump and partly owned by his family said it conducted due diligence before integrating its USD1 stablecoin with
US Federal Deposit Insurance Corp. formally proposed its approach to stablecoin issuers as one of the federal financial regulators to write and oversee rules under last year’s Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The FDIC’s proposal — intended to closely align with what its sister banking agency, the Office of the
Stablecoin issuers move closer to US federal regulations with FDIC’s new proposal Read More »
Digital asset manager Grayscale backed accelerated efforts to make public blockchains quantum-resistant in a new research note, arguing that the technical solutions already exist, but the tougher challenge is getting decentralized communities to agree to implement them. “Public blockchains do not have CTOs; they are global communities governed by consensus,” wrote Zach Pandl, Grayscale’s head
Bitcoin’s quantum risks are a governance problem, not a technical problem Read More »
MetaWin returns over $13 million to players through ongoing loyalty program
MetaWin returns over $13 million to players through ongoing loyalty program Read More »
