The Bitcoin Policy Institute and other industry participants urged AI companies to offer early access to their frontier models to aid Bitcoin and open-source developers in their cybersecurity efforts. A group of cryptocurrency companies has urged frontier artificial intelligence (AI) labs to give Bitcoin developers early access to their most capable models. The letter, published...Continue Reading

Suspected North Koreans IT workers joined a fake crypto startup — without realizing their every move was being tracked to extract valuable intel. It isn’t often that a reporter gets asked to pose as a venture capitalist to fool suspected North Korean IT workers. But in June, I found myself joining a Zoom call as...Continue Reading

Harmony is working with exchanges to freeze funds and is preparing a patch after claims that 2.8 billion unauthorized ONE hit trading platforms. Harmony is considering rolling back its blockchain after claims that an attacker exploited the network to mint nearly 4 billion ONE tokens, equivalent to about 26% of the token’s supply. On Tuesday,...Continue Reading

The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling. The US Commodity Futures Trading Commission (CFTC) invoked its emergency authority on Tuesday, ordering prediction market Kalshi to continue operating. The CFTC said that New York’s enforcement action and request for a temporary restraining order themselves constituted...Continue Reading

Mining pools controlling most of Ravencoin’s hash rate are building a competing chain that could trigger a three-day reorganization. Ravencoin dropped to an all-time low on Wednesday as an exploited consensus vulnerability left several days of transactions at risk and prompted exchanges to suspend RVN transfers.  According to CoinGecko, the cryptocurrency dropped to $0.002754, about...Continue Reading

Mining pools controlling most of Ravencoin’s hash rate are building a competing chain that could trigger a three-day reorganization. Ravencoin dropped to a new all-time low on Wednesday as an exploited consensus vulnerability left several days of transactions at risk and prompted exchanges to suspend RVN transfers.  According to CoinGecko, the cryptocurrency dropped to $0.002754,...Continue Reading

Regulators allege Goliath promised crypto liquidity-pool returns but instead paid earlier investors and funded its founder’s luxury spending. The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) filed separate civil lawsuits against Goliath Ventures and founder Christopher Delgado over an alleged crypto Ponzi scheme that raised about $400 million.  The SEC...Continue Reading

The US securities regulator scheduled a meeting this week with the potential to step up on digital asset policies without congressional action. The US Securities and Exchange Commission (SEC) has announced a meeting to consider “new rules to create a tailored offering regime for certain investment contracts involving crypto assets.”  According to the SEC’s agenda,...Continue Reading

The bank will test tokenized fixed-income securities and investment funds as part of an ANBIMA-led industry pilot. Itaú, Latin America’s largest private sector bank, has partnered with digital asset infrastructure provider OpenAssets to participate in an industry-led pilot testing the tokenization of fixed-income securities and investment funds in Brazil. The initiative is led by the...Continue Reading

MoneyGram’s Ramps service now connects Solana wallets and applications to its global cash network, with Rift becoming the first wallet to integrate the service. Global remittance company MoneyGram has expanded its Ramps service to Solana, allowing wallets, exchanges and developers on the network to offer cash-to-crypto and crypto-to-cash conversions through its payments network. Ramps previously...Continue Reading