Author Archives: pdgweb

Banking groups ask SEC to drop cybersecurity incident disclosure rule

American banking and financial industry advocacy groups have petitioned the Securities and Exchange Commission to repeal its cybersecurity incident public disclosure requirements.  Five US banking groups led by the American Bankers Association asked the regulator to remove its rule in a May 22 letter, arguing that disclosing cybersecurity incidents “directly conflicts with confidential reporting requirements …

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Coinbase faces another data breach lawsuit claiming stock drop damages

Coinbase and two executives have been hit with another proposed class-action lawsuit over the crypto exchange’s stock price drop after disclosing a user data breach earlier this month and for allegedly failing to disclose a violation of an agreement with a UK regulator. Coinbase investor Brady Nessler said in a May 22 lawsuit filed in …

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Adam Back leads $2.2M raise for Swedish health firm’s Bitcoin buys

Blockstream CEO Adam Back has led a 21 million Swedish krona ($2.2 million) funding round in the Swedish health tech company H100 Group AB, which last week said it would start buying Bitcoin. H100 said on May 25 that the funds, secured through 0% interest convertible loans, will be used to purchase Bitcoin (BTC) in …

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Blockchain security firm releases Cetus hack post-mortem report

Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code “overflow” check. According to the report, the hackers exploited a flaw in the …

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Cardone Capital launches 10X Miami River Bitcoin Fund

Cardone Capital, a real estate investment firm with over $5 billion in assets under management, launched the 10X Miami River Bitcoin Fund, a dual-asset fund consisting of a 346-unit multifamily commercial property located on the Miami River in Miami, Florida, and $15 million of Bitcoin (BTC). In an interview with Cointelegraph, Cardone Capital founder and …

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Bitcoin price expected to soar as global bond markets break — Here’s why

Key takeaways: Rising bond yields reflect growing concern about fiscal stability and inflation, leading some investors to question US Treasury’s traditional role as a safe-haven asset. Bitcoin defies conventional risk models, rising not because of worsening macro conditions, but possibly because of them. Bitcoin (BTC) climbed to new heights amid an increasingly fragile global macroeconomic …

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Bitcoin holds key support as HYPE, XMR, AAVE, WLD lead altcoin rally

Key points: Bitcoin price is stuck below $109,588, but the pullback has not altered its bullish chart structure. A bullish weekly open from Bitcoin could extend gains in HYPE, XMR, AAVE, and WLD. Bitcoin (BTC) remains stuck below the $109,588 level during a quiet weekend, but analysts remain bullish. Material Indicators co-founder Keith Alan said …

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Strategy's Michael Saylor hints at buying the Bitcoin dip

Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company amid the recent dip from the all-time high of $112,000 reached on May 22. “I only buy Bitcoin with money I can’t afford to lose,” Saylor wrote to his 4.3 million followers in an X post. The company’s most recent purchase of …

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Crypto leaders are wrong about tokenized property

Opinion by: Darren Carvalho, Co-Founder and Co-CEO of MetaWealth During Paris Blockchain Week, Securitize Chief Operating Officer Michael Sonnenshein made headlines by dismissing real estate as a sub-optimal asset class for tokenization. This isn’t the first time crypto leaders have underestimated the merits of bringing real estate onchain, and it is likely not the last. …

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AI agents are poised to be crypto’s next major vulnerability

AI agents in crypto are increasingly embedded in wallets, trading bots and onchain assistants that automate tasks and make real-time decisions. Though it’s not a standard framework yet, Model Context Protocol (MCP) is emerging at the heart of many of these agents. If blockchains have smart contracts to define what should happen, AI agents have …

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