Category: Cryptocurrency News
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Crypto Group Warns Fed Could Use Banking Access to Squeeze Digital Asset Firms
The Blockchain Association, a prominent crypto trade group, has formally called upon the U.S. Supreme Court to review the ongoing legal battle between Custodia Bank and the Federal Reserve. In an amicus brief filed on Wednesday, the association argued strenuously that the central bank’s perceived broad power to deny payment system access to otherwise eligible…
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Artificial Intelligence Accelerates Nation-State Grade Exploit Development, Exposing Critical Vulnerabilities in Zoom Across All Major Platforms
The landscape of cybersecurity is undergoing a profound transformation, with artificial intelligence (AI) emerging as a powerful, double-edged sword. A recent revelation from Israeli cybersecurity firm A Security has starkly illustrated this shift, demonstrating how publicly available AI models can drastically accelerate the discovery and exploitation of critical software vulnerabilities. In a period of less…
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Longtime OpenAI Executive Brad Lightcap Departs Amidst Leadership Shake-Up and Pre-IPO Scrutiny
Brad Lightcap, a pivotal figure at OpenAI for eight transformative years, announced on Tuesday his departure from the leading artificial intelligence developer to embark on a new entrepreneurial venture. This significant exit marks the latest in a series of high-profile leadership changes at the AI behemoth, drawing intensified scrutiny from industry observers and investors as…
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Australia’s Financial Watchdog Halts Largest Crypto ATM Network Amid Escalating Anti-Money Laundering Concerns
Australia’s financial intelligence agency and anti-money laundering (AML) regulator, the Australian Transaction Reports and Analysis Centre (AUSTRAC), has decisively moved to suspend the registration of Cryptolink Pty Ltd, the operator behind the nation’s largest network of Bitcoin and crypto ATMs. This significant regulatory action, effective August 9, 2026, and slated to last for three months…
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U.S. Labor Market Cracks with First Job Loss Since Pandemic Recovery, Triggering Dovish Fed Expectations and Divergent Bitcoin Response
The U.S. labor market experienced an unexpected and significant downturn in July, marking the first net loss of jobs since the post-pandemic economic recovery. Employers cut a substantial 23,000 jobs, a stark reversal from the 95,000 gain that economists had widely anticipated. This surprising contraction has sent ripples through global financial markets, prompting a re-evaluation…
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The Bitcoin Network Rejects BIP-110, Halting a Controversial Chain Split and Reaffirming Decentralized Consensus.
The long-simmering fight over a controversial Bitcoin network proposal, Bitcoin Improvement Proposal (BIP-110), finally produced a chain split over the weekend, only for the breakaway Bitcoin fork to sputter almost immediately, grinding out just two blocks in roughly eight hours before stalling out entirely. This decisive rejection by the vast majority of the network’s hash…
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Flock Wanted to Turn 350,000 Uber Drivers Into a Nationwide Plate-Scanning Fleet
The revelation of a detailed proposal by the controversial law enforcement vendor Flock Safety to transform every Uber, Lyft, and delivery vehicle into a mobile, real-time license-plate reader has sent ripples through privacy advocacy circles and underscored the escalating tensions surrounding pervasive surveillance technology. The ambitious plan, outlined in a presentation prepared for the Georgia…
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Robinhood Chain Aims to Bridge Traditional Finance and Decentralized Culture with Hybrid Ethereum Layer-2
Robinhood, the popular financial services company, has launched its own Ethereum layer-2 network, Robinhood Chain, with the ambitious goal of becoming a comprehensive financial hub that caters equally to the sophisticated demands of institutional investors and the dynamic, often speculative, interests of decentralized finance (DeFi) enthusiasts. This strategic move, articulated by Robinhood CEO Vlad Tenev’s…
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Senate Keeps Clarity Act Alive With Crypto Bill Vote Set for September
The U.S. Senate has initiated a critical procedural maneuver, taking its first formal step toward a floor vote on the landmark Clarity Act, a legislative proposal poised to reshape the regulatory landscape for cryptocurrencies in the United States. In a move designed to ensure the bill remains a priority, Senate leadership acted early Saturday to…
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Bitcoin Red Team Says AI Is Finding Critical Exploits Across Core Projects
A volunteer security initiative, spearheaded by AnchorWatch, has announced a significant breakthrough in blockchain security, utilizing advanced "frontier AI models" to meticulously scan 150 Bitcoin repositories and unearth more than a dozen critical vulnerabilities. This pioneering effort underscores a burgeoning trend where artificial intelligence is increasingly being deployed to audit and bolster the security of…
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