LayerZero said that Kelp’s DVN setup caused the $290 million exploit, as investors questioned which protocol would step up to cover the shortfall. Read More at https://cointelegraph.com/news/layerzero-kelp-exploit-aave-loss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
How Mastercard plans to settle card payments with stablecoins
Mastercard is testing stablecoin settlement with SoFiUSD to speed up card transaction clearing and help bridge traditional finance and blockchain. Read More at https://cointelegraph.com/news/mastercard-stablecoin-settlement-sofiusd-explained?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BTC price due ‘new highs:’ Five things to know in Bitcoin this week
Bitcoin saw a green weekly close despite renewed US-Iran war momentum, and a trader forecast that BTC price action would beat last week’s local highs. Read More at https://cointelegraph.com/news/btc-price-due-new-highs-five-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BIS warns dollar stablecoins could strain banks and policy
BIS general manager Pablo Hernández de Cos says US dollar stablecoins could pose risks to financial stability and urges stronger global coordination on regulation. Read More at https://cointelegraph.com/news/bis-warns-on-stablecoin-risks-urges-global-coordination?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Saylor teases ‘bigger’ BTC buy days after floating semi-monthly dividends
Strategy’s Michael Saylor posted “Think Even Bigger” on Sunday, coming just a week after it disclosed $1 billion of Bitcoin buying. Read More at https://cointelegraph.com/news/strategy-semi-monthly-dividends-saylor-bitcoin-buy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase is testing AI agents that show up on Slack and email
Brian Armstrong has now predicted that AI agents will not only transact onchain more than humans but will outnumber employees at his company very soon. Read More at https://cointelegraph.com/news/coinbase-introduces-two-ai-agents-assist-workers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cloud hosting firm Vercel confirms ‘limited’ hack of user info
Vercel has confirmed it was compromised after a member of a hacking forum put the company’s information up for sale for $2 million. Read More at https://cointelegraph.com/news/cloud-hosting-vercel-confirms-limited-hack-user-info?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The quantum gap: Why Bitcoin and Ethereum are taking different paths on security
Why Bitcoin and Ethereum are taking different paths to address future cryptographic risks and long-term blockchain security. Read More at https://cointelegraph.com/explained/bitcoin-and-ethereum-quantum-threat-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polymarket in talks to raise $400M at a $15B valuation: Report
Polymarket’s potential $15 billion valuation would still put it below the $22 billion valuation of competitor platform Kalshi in its latest funding round. Read More at https://cointelegraph.com/news/polymarket-seeking-400-million-raise-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hackers impersonated eth.limo team to hijack its domain: Post-mortem
EasyDNS CEO Mark Jeftovic said the social engineering attack was highly sophisticated and the company is conducting further investigation to determine how the breach occurred. Read More at https://cointelegraph.com/news/eth-limo-domain-hijack-dnssec-social-engineering?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound