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CEO Brian Armstrong announced on Saturday that Coinbase is piloting artificial intelligence agents modeled after co-founder Fred Ehrsam and former CTO Balaji Srinivasan. These AI tools are designed to be…
A staggering $7.9 billion in Bitcoin options are poised to expire on Deribit this Friday, with analysts indicating that the $62,000 and $75,000 price levels are pivotal. Glassnode data highlights…
The repercussions of Saturday’s KelpDAO hack are reverberating through stablecoin markets in unexpected ways. In the 24 hours following the incident, users borrowed around $300 million against their tetherUSDT$1.0002 deposits…
Investors are closely monitoring Strategy, previously known as MicroStrategy, for signs it may increase its Bitcoin holdings, potentially surpassing BlackRock’s IBIT. This anticipation stems from a pattern where cryptic statements…
A $292 million security breach at KelpDAO triggered a significant pullout across the decentralized finance sector, leading to an estimated $10 billion being withdrawn from various protocols. The incident commenced…
Bitcoin has shown resilience against rising Middle Eastern tensions compared to oil and equities. On Monday morning, Bitcoin was valued at $74,335, marking a 1.6% decrease over the past 24…
LayerZero has attributed the responsibility for a $290 million exploit involving Kelp DAO to Kelp’s own security configuration. The company stated that Kelp employed a single-verifier setup, which LayerZero had…
A weekend security breach at KelpDAO protocol has triggered a significant capital withdrawal from the decentralized finance (DeFi) sector. Aave, a leading DeFi lending platform, reported an $8.45 billion reduction…
Crypto teams are urgently rotating API keys and scrutinizing their code following a security breach at web infrastructure firm Vercel. In an alert, Vercel disclosed that the attacker accessed non-secured…
A weekend exploit resulting in approximately $292 million has shaken the cryptocurrency market, highlighting vulnerabilities within decentralized finance (DeFi) frameworks and sparking concerns about potential ripple effects on lending protocols.…
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