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Google researchers have uncovered a dangerous iOS exploit chain called DarkSword that specifically targets cryptocurrency apps on vulnerable iPhones. The exploit leverages six separate vulnerabilities to deliver malware on devices running iOS versions 18.4 through 18.7, putting millions of crypto users at risk if they haven’t patched their devices. Once a user visits a malicious…
The European Central Bank is moving forward with preparations for a digital euro by recruiting specialists to help draft technical rules governing how the currency would function at ATMs and retail payment terminals across the eurozone. The ECB opened applications on Thursday for experts to assist in developing portions of the digital euro rulebook specifically…
A Los Angeles rideshare driver has been arrested on federal charges after allegedly obtaining more than $2 million in COVID-19 business relief loans through fraud and using the proceeds to purchase cryptocurrency. Bruce Choi, 34, was arrested Tuesday at San Francisco International Airport and charged with wire fraud and money laundering, according to the U.S….
Australian Crypto Payments Double in 2026 as Banking Restrictions Intensify The number of Australians using cryptocurrency for everyday purchases has doubled to 12% in 2026, even as banking institutions tighten restrictions on crypto-related transactions, according to a new survey by crypto exchange Independent Reserve. The annual survey, which polled 2,000 “everyday Australians” between Jan. 12…
Ethereum has bounced back to $2,330, and prediction market traders are betting big on further upside. On Myriad, a prediction market platform, users have placed a 54% probability on ETH reaching $3,000 over the next move, up sharply from just 37% the day before. The shift signals growing confidence among traders as Ethereum gains momentum….
Texas-based apparel company Beba and crypto advocacy organization DeFi Education Fund have voluntarily dismissed their 2024 lawsuit against the United States Securities and Exchange Commission, citing a changing regulatory approach to cryptocurrency airdrops under the agency’s new leadership. The lawsuit withdrawal, filed in the US District Court for the Western District of Texas on Friday,…
A growing exodus of Bitcoin miners toward artificial intelligence data centers has sparked heated debate over whether the shift threatens the Bitcoin network’s security and long-term viability as a store of value. Crypto trader Ran Neuner warned on Sunday that Bitcoin could face existential risks if AI continues pulling miners away from the network. “AI…
Regulatory uncertainty surrounding stablecoins may disadvantage traditional banks more than crypto firms, as financial institutions wait for clearer rules while crypto companies continue expanding their operations. Colin Butler, executive vice president of capital markets at Mega Matrix, said banks have already invested heavily in digital asset infrastructure but remain unable to deploy it fully while…
The Ethereum Foundation has completed an over-the-counter sale of 5,000 Ether to BitMine Immersion Technologies, a transaction valued at approximately $10.2 million. The sale represents the second time the organization has sold ETH directly to a corporate treasury buyer through an OTC arrangement. According to a Saturday X post from the Ethereum Foundation, the proceeds…
Bitcoin enters mid-March 2024 trading at $71,453, extending its powerful rally with a 6.41% weekly gain as spot ETF inflows maintain strong momentum. The market faces its first significant test after breaking the previous $69,000 all-time high, with short-term profit-taking pressure emerging around $71,500 despite robust institutional demand. This week’s focus turns to potential U.S….
Bitcoin miners facing profitability challenges need to either pivot to artificial intelligence hosting or deploy their Bitcoin holdings into yield-generating strategies to remain competitive, according to market maker Wintermute. Wintermute said in a Thursday blog post that Bitcoin miners have spent years building large-scale power infrastructure in low-cost energy markets. They now find themselves “sitting…
Stani Kulechov, founder of decentralized lending platform Aave, has argued that decentralized autonomous organizations (DAOs) need fundamental restructuring to balance decentralization with operational efficiency, following recent governance conflicts within the Aave protocol. Kulechov said in a Tuesday X post that DAOs in their current form are “extraordinarily difficult” to operate because of internal conflicts and…
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission are pursuing a formal memorandum of understanding to combine their regulatory efforts on cryptocurrency, SEC Chairman Paul Atkins announced Tuesday. Atkins said the new MOU will establish combined meetings with regulated firms on product applications, rule interpretations, enforcement decisions and examinations. The framework…
Artificial intelligence tools designed to boost workplace productivity are instead causing mental fatigue and cognitive strain in a significant portion of workers, according to new research from Boston Consulting Group and the University of California. A study of nearly 1,500 full-time US workers found that 14% reported experiencing “AI brain fry,” defined as mental fatigue…
