A New York state assemblymember and congressional candidate has proposed an artificial intelligence dividend program for US citizens to address potential job …
losses
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Following the security breach on KelpDAO’s rsETH bridge, Aave has released a comprehensive status update. The protocol details the technical background of …
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Markets
Aave could face up to $230 million in losses after Kelp DAO bridge exploit triggers DeFi chaos
by shayaanby shayaanAave published a report outlining two possible outcomes: around $123 million in losses if damage is shared across all rsETH, or up …
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Stablecoin issuer $USDC faces renewed scrutiny as critics question its response speed during major crypto exploits. The debate centers on whether Circle …
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Markets
SOL, ADA, DOGE pullback, bitcoin holds above $74,000 as Asia recoups Iran war losses
by shayaanby shayaanChina’s CSI 300 joins Taiwan and Singapore in erasing war-related declines as US-Iran talk optimism keeps oil below $100; spot ETFs posted …
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Markets
Bitcoin signals potential seller exhaustion as realized losses decline
by shayaanby shayaanOn-chain data points to easing selling pressure, with realized losses falling and spot markets shifting toward net buying. www.coindesk.com
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Regulation
JPMorgan Slapped With $3,250,000 Fine Over Leveraged Trading Strategy That Caused Massive Investor Losses
by shayaanby shayaanJPMorgan Securities (JPMS), the banking giant’s brokerage unit, is getting hit with a multimillion-dollar fine over allegations that it turned a blind …
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Markets
Bitcoin rises past $69,000 as risk markets reverse big early losses on hope for Iran deal
by shayaanby shayaanIran’s government is reportedly reviewing Pakistan’s request for a two-week ceasefire positively, according to an Axios report. www.coindesk.com
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Long-term Bitcoin holders are selling at a loss — and the numbers show it’s becoming a pattern, not an anomaly. Related Reading …
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TL;DR: Daily miner revenue has plummeted to $29.9 million, representing a drop of over 50% from historical highs. The network’s hash rate …