Resolv Labs recently experienced a major exploit in its USR stablecoin system, leading to the minting of 80 million unbacked tokens. Summary USR stablecoin crashes to $0.14 after exploit, rebounding to $0.42. DeFi protocols quickly respond to exploit, with some pausing markets to limit risk. Resolv Labs reassures users, stating collateral pool remains intact despite
Gold and silver posted one of their steepest weekly pullbacks in years as macro forces flipped the script on safe-haven demand. Gold Sees Sharpest Weekly Loss in Years Precious metals took a sharp step lower this past week, with gold and silver logging their most punishing declines in over a decade as traders unwound crowded
AI coding company Cursor launched a new model this week called Composer 2, which it promoted as offering “frontier-level coding intelligence.” However, an X user posting under the name Fynn soon claimed that Composer 2 was “just Kimi 2.5” with additional reinforcement learning — Kimi 2.5 being an open source model recently released by Moonshot
Google has introduced a major upgrade to its AI Studio platform, rolling out a new coding experience powered by its Antigravity agent aimed at turning simple prompts into fully functional, production-ready applications. The update expands AI Studio from a prototyping environment into a more complete development stack. Developers can now build applications with backend infrastructure,
A Roseville burial listing and alleged police scans have led some to believe that Jeffy Yu, the founder of Zerebro, has committed suicide. Source link
The hash rate alone sits over 20% away from its all-time high from last year. Bitcoin’s price is not the only part of the overall BTC ecosystem that has struggled in the past several months. One of the key components of the Bitcoin network, the mining difficulty adjustment, has just declined to a monthly
Iran’s grip on the Strait of Hormuz is tightening, and a new wrinkle has emerged: reports suggest Tehran is allowing yuan-based conditions for oil shipments seeking safe passage. Reports of Yuan Oil Payments to Iran Are Surfacing After President Donald Trump warned that Iran’s power plants could be “obliterated” if the Strait of Hormuz is
Ready to sell your Pi coins? If yes, you’ve come to the right place. Pi Network is a decentralized blockchain designed to enable mobile mining of Pi coins. In this article, we’ll provide deeper insights into how to sell Pi coins, including the associated costs and risks. We’ll also cover the key requirements to check
See what you missed in Daily Tech Insider from March 16–20. The post AI Factories, Security Flaws, and Workforce Shifts Define This Week in Tech appeared first on TechRepublic. Source link
A tentative agreement on stablecoin rewards has renewed hope for the CLARITY Act, a key piece of cryptocurrency legislation. Summary Galaxy Research warns that the crypto bill still faces critical regulatory hurdles ahead. Despite recent stablecoin deal, key issues like DeFi regulation remain unresolved. The crypto industry faces uncertainty as the legislative clock runs out