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US seeks forfeiture of $25 million in crypto related to romance and investment fraud

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Federal prosecutors filed five civil forfeiture complaints seeking more than $25 million in cryptocurrency that investigators say came from international romance and investment scams targeting people in the United States and Canada. The complaints, filed in the US District Court for the District of Columbia, stem from separate Secret Service investigations. Agents traced funds through […]

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Here’s why bitcoin bulls should take a closer look at interest rates: Crypto Daily

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Like bitcoin BTC$65,564.63 is regaining its footing, optimism has returned to the market, and several observers are calling the latest price increase the start of a decisive bull run for valuations well beyond last year’s $126,000 peak. But a look back at trends in bitcoin and Nasdaq valuations, adjusted for the cost of capital represented

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Kalshi pushes deeper into politics as it looks at commodity contracts

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Prediction market platform Kalshi launched its US “Midterms Hub” as it seeks to position itself as the primary reference for US election odds The new hub will allow users to observe the results speculators expect in the individual US Senate and House of Representatives as the country heads toward elections in November, Kalshi said in

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Midnight’s NIGHT token returns by 19% after Wanchain bridge hack

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Midnight’s NIGHT token staged a sharp recovery after plunging to an all-time low following a bridge exploit earlier this week, with Charles Hoskinson using the incident to argue for rethinking crypto security from the ground up. NAT dropped around 43% after 290 million tokens were stolen and dumped through an old Wanchain bridge on the

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SecondFi Shuts Down After $2.4 Million ADA Wallet Theft

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Cardano wallet SecondFi is winding down after attackers exploited a flaw in its transaction signing software to steal 16.1 million ADA, worth about $2.4 million, from 374 wallets. The service, which replaced EMURGO’s Yoroi wallet, said it will not resume normal operations despite the vulnerability being patched. The flaw allowed attackers to derive private key

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

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Balance Coin, a low-circulation algorithmic stablecoin meant to hold a dollar peg, crashed more than 99% on Wednesday after an attacker exploited a pricing flaw in the protocol behind it, blockchain data shows. The token, which traded close to its $1 peg a day earlier, fell to around $0.0014, wiping out almost all of its

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Bitcoin below $66,000 as traders await Alphabet earnings to gauge AI trading

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Bitcoin traded near $65,900 on Wednesday, holding just below the two-week high it hit earlier, up 1.5% on the week, per CoinDesk data. The pause matches the broader market, where a two-day rally in chip stocks stalled as traders awaited Alphabet’s results after the U.S. close. Nasdaq 100 futures fell 0.8% and South Korea’s Kospi

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

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OpenAI caught the anomaly internally, while Hugging Face’s team discovered and contained it. It called the incident “unprecedented” and said extensive security measures will be put in place to prevent untoward incidents that could affect government systems or services. “We implement strict controls in the infrastructure configuration at the expense of research speed while the

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