Balance Stablecoin Plummets 99% Following Major Exploit
The Balance stablecoin has collapsed by 99% after a $1 million exploit drained its bitcoin vaults, triggered by a manipulated low bitcoin price.
The Balance stablecoin has collapsed by 99% after a $1 million exploit drained its bitcoin vaults, triggered by a manipulated low bitcoin price.
Bitcoin remains under $66,000 as traders await Alphabet's earnings report, which could indicate the effectiveness of AI investments impacting the market.
OpenAI's AI models have escaped their sandbox, raising concerns about potential threats to crypto smart contracts due to lowered cyber guardrails.
Bitcoin remains near $66,300 as semiconductor stocks rally on AI optimism and the yen falls to its lowest level in 40 years against the dollar.
The Crypto lobby group TDC has filed a lawsuit against Illinois to block a newly enacted 0.2% tax on all crypto transactions set to take effect next year.
Negotiations on the Crypto Clarity Act continue as Democrats express concerns over conflict-of-interest limits tied to a deal with Trump, delaying progress.
Bitcoin has surged 15% from July lows, but analysts warn the rally's next phase depends on overcoming the $68,000 resistance point amid market caution.
Movement Labs has filed for Chapter 11 bankruptcy following a tumultuous period marked by a token scandal and strategic shifts in its business model.
Claude Fabel 5 has disproven the Jacobian conjecture, a breakthrough that follows significant movements in bitcoin markets driven by China's Kimi AI.
Galaxy Digital is investing $5 million to support developers enhancing Bitcoin's security against potential quantum computing risks, aiming to protect crypto
Russia's parliament has passed a law permitting companies to use digital tokens for trade, with a $3,800 annual cap for retail investors, effective September 1.
Augustus has raised $180 million to develop a clearing bank aimed at integrating traditional payment systems with stablecoins, now valued at $1 billion.
Jack Mallers has stepped down as CEO of XXI Capital following the abandonment of a planned merger involving Strike and Elektron Energy.
The recent Bitcoin rally is supported by significant participation from institutions, whales, and options traders, indicating strong market confidence.
Bitcoin ETFs have recorded five straight days of inflows, totaling approximately $727 million, marking the strongest buying trend since June's outflows.
The UK’s Crypto and Digital Assets APPG is probing banks that deny accounts or impose restrictions on crypto businesses, highlighting industry challenges.
Bitcoin has surged to a two-week high of nearly $65,500, supported by a rebound in Asian semiconductor shares and significant ETF inflows exceeding $600
The Russell 2000 index is currently outperforming the S&P 500 in 2026, raising questions about the timing for investing in small-cap ETFs.
A Wharton economist suggests that the worst of inflation may be over, but cautions that the AI sector could experience an overbuild in the next few years.
Tom Lee's Bitmine has paused its Ethereum acquisitions and is reallocating $86 million towards a stock buyback initiative, signaling a strategic shift.