Tag: Crypto News
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Trump Media & Technology Group Scraps Major Crypto Ventures with Crypto.com, Citing Market Conditions and Strategic Shifts
President Donald Trump’s Trump Media & Technology Group (TMTG), the parent company of Truth Social, has officially terminated its ambitious plans to launch a Crypto.com-backed CRO treasury company and abandoned a broader digital asset deal with the prominent cryptocurrency exchange. The decision marks a significant pivot for TMTG’s digital strategy, scaling back its direct involvement…
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Violent Physical Attacks Targeting Cryptocurrency Holders Soar to Record Highs, Exceeding $30 Million in First Half of 2026.
Physical attacks specifically targeting individuals holding cryptocurrency are escalating at an alarming rate, poised to mark their most severe year on record. A recent report from the prominent blockchain analytics firm Chainalysis reveals that more than $30 million has been illicitly obtained through such violent means during the first half of 2026 alone. This grim…
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Circle Unveils Arc Mainnet with Traditional Finance Giants as Validators, Reports Strong Q2 Growth, and Secures Federal Banking Charter
Circle, the issuer of the USDC stablecoin, is set to launch the public mainnet of its Arc blockchain on September 16, marking a significant step towards bridging traditional finance with the burgeoning digital asset ecosystem. The announcement, made concurrently with its second-quarter 2026 financial results, revealed a founding validator cohort comprising an impressive roster of…
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Alibaba Unleashes Qwen3.8-Max, Shifting AI Strategy with Open-Source Release of Its Most Capable Model.
Alibaba Cloud, a prominent player in the global technology landscape, has announced the release of Qwen3.8-Max, declaring it to be the most advanced foundational artificial intelligence model the company has developed to date. This pivotal announcement, made on Monday, signifies a notable strategic shift for Alibaba as it plans to make the model’s weights publicly…
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BlackRock Launches Tokenized Share Classes for European Money Market Funds, Marking Significant Expansion into On-Chain Finance
BlackRock, the world’s largest asset manager, has announced a landmark move into the European digital asset landscape by launching tokenized share classes for a selection of its European money market funds (MMFs), representing a substantial portfolio holding a combined $311 billion. This initiative marks the firm’s inaugural foray into providing on-chain fund access within Europe,…
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Google Earth’s AI Image Generation Feature Pulled After Backlash Over Misinformation Risks.
Google swiftly removed a newly introduced artificial intelligence feature from Google Earth, barely a day after its launch, in response to a potent backlash from journalists and open-source investigators who raised immediate alarms about its potential to inundate the internet with highly convincing, yet entirely fabricated, satellite imagery. The contentious tool, designed to allow users…
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Coldcard Hardware Wallet Exploit Escalates, Draining $88 Million in Bitcoin and Sparking Urgent Warnings Across the Crypto Community.
The ongoing theft of Bitcoin from Coldcard hardware wallets, identified as a critical vulnerability stemming from a 2021 firmware error, has now reached an alarming estimated total of $88.6 million, with researchers cautioning that every compromised device remains at severe risk. The attacks, characterized by their deliberate and programmatic nature, underscore a profound challenge to…
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