A $450,000 hack on Clipper was likely from a withdrawal vulnerability, not a leak, the decentralized exchange has said. Decentralized exchange (DEX) Clipper has clarified it was a vulnerability in its withdrawal function that caused the recent $450,000 hack of its protocol — rather than a private key leak as suggested by a “third-party.” Clipper...Continue Reading

With the latest acquisition, Boyaa Interactive has 3,183 Bitcoin in its stash, up from 2,635 at the end of September. Boyaa Interactive International, a Hong Kong holding company specializing in online card and board games, has decided to shift around its treasury assets by swapping out Ether for Bitcoin.  In a Nov. 29 statement, the...Continue Reading

DMM Bitcoin, which suffered a private key hack in May that caused a loss of $320 million in Bitcoin is reportedly ceasing efforts to revamp operations. Japanese cryptocurrency exchange DMM Bitcoin is reportedly prepping to liquidate after losing $320 million in Bitcoin from a private key hack in May that the company has failed to...Continue Reading

Elon Musk also claimed OpenAI had engaged in “predatory practices” through its partnership with Microsoft, together owning nearly 70% of the generative AI market. Billionaire Elon Musk has filed another motion to block ChatGPT-creator firm OpenAI from converting to a for-profit enterprise while also alleging it has been engaging in anti-competitive practices. Musk accused OpenAI,...Continue Reading

MicroStrategy’s Michael Saylor gave Microsoft a three-minute, 44-slide pitch on why it should spend $100 billion a year to buy Bitcoin. MicroStrategy chair and Bitcoin bull Michael Saylor told Microsoft’s board of directors that the firm could add nearly $5 trillion to its market cap if it were to go all-in on Bitcoin.  Saylor made...Continue Reading

XRP could be in the midst of a “leverage-driven” pump as the price of the asset soars to reach new yearly highs. Analysts warn Ripple’s native XRP (XRP) token could be experiencing a “leverage-driven” pump as the price of the asset soars to reach levels not seen since 2021.  In a Dec. 1 post to...Continue Reading

United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell into killing the project, the former Meta executive said. The former head of Meta’s (then Facebook’s) blockchain payments solution, Diem, has revealed the project ended after insurmountable political pressure from United States regulators. “There was no legal or regulatory angle left for...Continue Reading