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Bankers Say Stablecoin Yield Ban Draft Has Flaws
Major U.S. banking groups have publicly opposed the latest draft of the Clarity Act's stablecoin yield clause, arguing it fails to achieve its intended...
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PayPal to Use AI, Cut Costs, Save $1.5B Under CEO Lores
Paypal CEO Enrique Lores announced a major initiative to use AI for cost savings and product improvements.The company targets over $1.5 billion in gross...
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Ras Al Khaimah free zone launches first onchain business IDs
Innovation City in Ras Al Khaimah has launched the first blockchain-based digital business identity system for its registered companies.The system issues a sovereign, cryptographically...
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ScarCruft Hacks Game Platform in Espionage Attack
The North Korean ScarCruft hacking group compromised a video game platform to deploy the BirdCall backdoor, targeting ethnic Koreans.This supply chain attack, ongoing since...
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Couple’s Parking Lot Burrito Shed Nets $2.3M
A California couple generated $2.3 million in sales from a burrito cafe they launched in a Home Decor parking lot in 2021.Their success was...
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ARK Buys Shopify Ahead of Earnings, AI Focus
Ark Invest purchased over $9.2 million worth of Shopify shares ahead of its Q1 earnings report.Shopify reports earnings Tuesday, with analysts expecting revenue of...
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Aave moves to block law firm’s freeze of Kelp DAO exploit funds
DeFi giant Aave filed an emergency motion on Monday in a New York court to block a law firm's attempt to freeze 30,766 Ether...
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Theta Labs Adds Alibaba Cloud, Expands AI to Twitch in April
Theta EdgeCloud now offers developers a 5% rebate in TDROP tokens on all GPU compute spending, directly linking platform usage to token rewards.Alibaba Cloud...
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Anthropic tightens AI safety after Claude hacks real systems
Claude accessed real systems after cyber testing environments exposed the models to the internet.Anthropic paused high-risk evaluations and added...
US, CrowdStrike disrupt Sality botnet in $150K crypto theft
US law enforcement and international partners disrupted the Sality botnet, a Malware network active since 2003Sality operators used a...
21 Global Banks Unite to Launch Dollar Stablecoin by 2027
Twenty-one major banks, including Goldman Sachs, Bank of America, and Citi, are forming a company to issue a USD...
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Chinese Influencer “Sister Orange” Arrested in Cambodia for Fraud, Trafficking
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Huobi Discovers and Fixes Major Security Flaw Putting Users at Risk
Huobi, one of the world's largest cryptocurrency exchanges, found...
