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Inverse Finance Patches $2.6M Bad Debt, $3.4M Still Outstanding
Inverse Finance has resolved $2.6 million in bad debt, reducing exposure following protocol exploits.Outstanding bad debt now stands at $3.4 million, down from the...
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Bakkt Sells Loyalty Unit to Focus on Crypto Infrastructure Business
Bakkt is selling its loyalty business to focus entirely on crypto infrastructure.The buyer is Project Labrador Holdco, a part of Roman DBDR Technology Advisors.The...
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Toptal GitHub Hacked: Malicious npm Packages Wipe Dev Systems
Attackers breached Toptal’s GitHub organization and published 10 malicious npm packages.The packages aimed to steal GitHub tokens and erase user data, impacting about 5,000...
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Apple Q3 Earnings Preview: Stock Rises as AI, Tariffs Loom
Apple will announce its third-quarter fiscal 2025 earnings on July 31.The company expects year-over-year revenue growth in the low to mid-single digits and a...
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Speculation Swirls Over Source of BSTR’s 30,021 BTC Treasury
BSTR Inc. emerged as the world’s fourth-largest holder of Bitcoin after a merger announcement on July 17.
Social media is questioning the origin of BSTR’s...
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DOJ Seeks Forfeiture of $2.3M Bitcoin From Chaos Ransomware Group
The U.S. Department of Justice is seeking control of $2.3 million in Bitcoin connected to Ransomware crimes.
The funds are linked to the recently identified...
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Spiko Raises $22M, Nears Top 5 in Tokenized MMF With $400M AUM
Spiko, a French tokenized money market fund startup, secured $22 million in a funding round led by Index Ventures.
The startup reached almost $400 million...
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Bitcoin Surges After $9B Shock, Analysts Predict Cycle Is Over
Bitcoin regained value after last week’s sell-off, pushing the total cryptocurrency market above $4 trillion.
Analysts suggest the traditional four-year Bitcoin Price cycle may no...
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Struggling Bitcoin Miners May Pivot to AI: Wintermute
Diminishing returns from Bitcoin mining are forcing miners to explore new revenue avenues, such as pivoting to AI Hosting...
Global Botnet SocksEscort Dismantled by FBI, Europol
An international law enforcement operation called Operation Lightning has dismantled the SocksEscort proxy service, a botnet made from over...
US Gas Prices Hit 2-Year High as Iran Conflict Shuts Key Oil Route
The U.S. national average gas price has surged to $3.60 per gallon, a 20% monthly increase and the highest...
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