Coinbase Secures Preliminary Approval for Federal Trust Charter from OCC
Coinbase (COIN) announced on Thursday that it had received an initial nod from the U.S. Office of the Comptroller of the Currency (OCC), as reported by Bloomberg, to operate a…
X Implements Auto-Lock Feature to Combat Crypto Scam Phishing
In an effort to combat crypto scam phishing on its platform, social media company X is introducing a new security measure that automatically locks accounts mentioning cryptocurrency for the first…
X Implements New Measures to Tackle Crypto Scams
Nikita Bier, Head of Product at Elon Musk’s social media company X (formerly known as Twitter), announced new initiatives aimed at curbing crypto scams on the platform. In a post…
Solana-Based Drift Protocol Faces $285 Million DeFi Heist, Spotlight on Security Flaws
The recent $285 million theft from the Solana-based DeFi project Drift Protocol has sparked intense scrutiny over its design and security measures. The incident highlights significant vulnerabilities within decentralized finance…
Coinbase Collaborates with Linux Foundation to Form x402 Foundation
In an effort to advance internet payment standards, Coinbase has partnered with the Linux Foundation to establish the x402 Foundation. This new industry entity will oversee the development of a…
Trump Administration Advocates for Prediction Markets by Suing Three States
On Thursday, the Justice Department and the Commodity Futures Trading Commission (CFTC) filed lawsuits against Illinois, Arizona, and Connecticut in a significant move to support prediction markets amid an ongoing…
Brain-Inspired Chip Could Enhance AI Efficiency by 2,000 Times: Study
Traditional AI systems like ChatGPT and Claude are notorious for their high energy consumption due to the constant transfer of data between storage and processing units. However, a groundbreaking study…
Quantum Computing Enhances Crypto Mining—But Not for Bitcoin
A startup collaborating with D-Wave, a quantum computing firm, has developed a novel crypto mining testnet that swaps Bitcoin’s hash-based computations for optimization challenges better suited to quantum systems. Postquant…
Coinbase Receives Conditional Charter from OCC Without Plans to Launch Bank
Coinbase announced on Thursday that it has received conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency (OCC), but clarified that it…
Vitalik Buterin Unveils His ‘Private’ and ‘Secure’ Artificial Intelligence Setup
In a recent blog entry, Ethereum co-founder Vitalik Buterin expounded on his personal artificial intelligence setup, which he describes as both “private” and “secure.” He revealed that the AI system…