News

Hyperliquid XPL Futures Manipulated, Trader Nets $15M, Others Lose

A single trader exploited Hyperliquid's XPL futures market, earning a $15 million profit.The exploit caused millions of dollars in losses for other traders and...

Axiom Sell Button Failure Triggers Panic, Losses for Memecoin Traders

Memecoin traders faced sell order issues on Axiom due to a technical change on August 28. Axiom admins told users to sell directly on the...

Pudgy Penguins Launch Web3 Party Game With Mythical Games

Pudgy Penguins and Mythical Games have released a new mobile game called Pudgy Party for Android and iOS. The game offers fast-paced mini-games similar to...

FBI, Dutch Police Dismantle $6.4M VerifTools ID Fraud Market

Authorities in the U.S. and Netherlands took down VerifTools, a major online marketplace for fake IDs, targeting cybercriminals internationally.The FBI seized the marketplace's main...

Nations Shift to Yuan Loans as US Dollar Declines, De-Dollarization Grows

Global demand for the US dollar is declining, with more nations seeking alternatives.Countries like Kenya are negotiating loans in Chinese yuan to lower borrowing...

Bitcoin Falls 12%, Hits July Lows Amid Crash Fears and Fed Uncertainty

Bitcoin dropped 12% from its August peak, reaching its lowest value since early July.Major cryptocurrencies including Ethereum and XRP also fell, resulting in a...

IREN Posts First Annual Profit as Bitcoin, AI Expansion Boosts Revenue

IREN achieved its first annual profit, earning $86.9 million, after expanding into AI cloud computing and increasing mining capacity. Annual revenue rose to a record...

Google Warns of Widespread Data Breach Impacting Salesforce Users

Google disclosed a broad attack affecting Salesforce instances through Salesloft Drift integrations. All authentication tokens connected to Drift are considered potentially compromised, according to Google’s...

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Big Firms Launch New Stablecoin, Erase $3.3B From Rival Circle

A massive new stablecoin called Open USD (OUSD) launched yesterday, backed by a consortium of over 140 financial and...

Microsoft Accelerates Quantum Encryption Shift to 2029

Microsoft accelerates its quantum-safe roadmap, targeting 2029 for migrating key services to post-quantum cryptography (PQC).New research demonstrates quantum attacks...

Ray Dalio Warns AI Bubble Forming, Says Paper Wealth May Burn

Ray Dalio warns of a forming AI bubble, stating companies are forced to overspend or risk being left behind.Multiple...

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