Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi) platforms lost approximately $172.1 million across 63 incidents. This figure is 25% lower than […] Source: https://news.bitcoin.com/study-crypto-assets-worth-572-7-million-lost-to-hacks-and-fraud-in-q2-2024/
Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist, freedom tool hasn’t been fulfilled. Source: https://cointelegraph.com/news/bitcoin-future-price-wont-dramatically-increase-says-peter-thiel
Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-based company halted operations due to significant portfolio losses from third-party hedge fund managers on the failed cryptocurrency exchange FTX, which are currently under litigation. To […] Source: https://news.bitcoin.com/yield-app-suspends-operations-ahead-of-liquidation/
The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements. Source: https://cointelegraph.com/news/irs-reveals-final-regulations-crypto-broker-rules
Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe to say the chances of both are higher today than they were yesterday.” Potential […] Source: https://news.bitcoin.com/solana-etf-approval-odds-rise-amid-potential-political-shifts-analyst-says/
21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure custody of SOL. Vaneck also recently filed a registration statement with the SEC to launch a solana […] Source: https://news.bitcoin.com/21shares-files-to-launch-solana-etf-with-sec/
Aside from being wary about which AI services you use, there are other steps organizations can take to protect against having data exposed. Source: https://cointelegraph.com/news/ai-artificial-intelligence-skeleton-key-attack-microsoft-expose-personal-financial-data
Google has made good on its promise to open up its most powerful AI model, Gemini 1.5 Pro, to the public following a beta release last month for developers. Google’s Gemini 1.5 Pro is able to handle more complex tasks than other AI models before it, such as analyzing entire text libraries, feature-length Hollywood movies, or almost a full day’s…
Social media influencer Logan Paul made good this week on a longstanding threat to sue Coffeezilla, alleging in federal court that the prominent YouTuber “maliciously and repeatedly” published false statements about Paul’s involvement in the failed on-chain game CryptoZoo. Paul alleged in a complaint filed in San Antonio late Thursday that Coffeezilla, the self-described “internet detective” whose real name is…
The HKMA set up Project Ensemble months ago. Now we know why. Source: https://cointelegraph.com/news/banque-france-hkma-cbdc-tokenization-collaboration
