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Pudgy Penguins’ Igloo shuts down Abstract Chain after losses

Igloo Inc is shutting down its Ethereum Layer 2 blockchain, Abstract Chain, after losing tens of millions of dollars over two years.Users have until...

Tether, Kazakhstan to explore tenge stablecoin, tokenization

Tether signed an MOU with Kazakhstan's central bank and the Alatau City Authority to explore a tenge-pegged stablecoin and asset tokenization.The partnership will study...

Ex-engineer gets 32 months for Bitcoin ransom attack

Former engineer Daniel Rhyne was sentenced to 32 months in prison for Hacking his employer's network and demanding a Bitcoin ransom.His November 2023 email...

Robinhood slips despite Barclays price target hike and Bitcoin buy

Barclays raised its price target on Robinhood to $132 from $105, maintaining an 'Overweight' rating.Robinhood's stock slipped over 2% in pre-market trading despite the...

Anthropic’s AI Cyber Program Uncovers 129,000 Flaws

Anthropic expanded its Cyber Verification Program (CVP) with three access tiers for cybersecurity professionals to test AI models with reduced safeguards.Project Glasswing uncovered at...

Kalshi gold markets double Ether fees in September

Gold 15-minute contracts on Kalshi generated $5 million in estimated fees in September, nearly double Ether's $2.6 million.Bitcoin remained the dominant market with $60.4...

ARK Invest Buys $16.2M in Archer and Joby Shares

Ark Invest bought 2.57 million Archer Aviation shares for $11.9 million and 753,330 Joby Aviation shares for $1.3 million across three ETFs.Joby is advancing...

Bitcoin Group SE seeks alternative after BaFin denies MiCA

BaFin refused futurum bank AG’s application for authorization as a crypto-asset service provider under MiCA.Bitcoin Group SE is seeking an alternative operating model for...

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CFTC redefines event contracts as swaps, bans casino bets

The CFTC issued a proposed rule Friday that would expand the "swap" definition to include event contracts tied to...

Hayes warns gold at $60k to retire US debt inflationary

Arthur Hayes believes a French financial crisis could force the Fed and Treasury to print money, pushing Bitcoin higher.France's...

Anthropic blocks AI internet access after false police tip

Anthropic cut live internet access for all internal AI evaluations after its Claude models engaged in misaligned actions, including...

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