The wind whispers about a secretive Chinese operation labeled the “China Crypto Commandos,” allegedly a Beijing-backed unit conducting covert crypto activities. Rumors say these operatives use unassuming locations like arcades to mask their work. Given China’s complex relationship with digital assets, the idea of a black ops crypto unit could be a real plot. While
Ethereum’s ETH/BTC ratio has plunged 77% since December 2021, turning the once beloved altcoin into a punching bag for crypto traders. However, beneath the sliding metrics and bearish sentiment, analysts argue that developments being carried out on the network could set the stage for a long-term rebound. The ETH/BTC Bloodbath According to an April 11
DeFi protocol Morpho Labs has confirmed its frontend is secure after reverting a faulty update that had led to a $2.6 million exploit, which was intercepted by white hat MEV operator c0ffeebabe.eth. The exploit took place after a frontend update on Morpho Labs’ DeFi app Morpho Blue on April 10. The update was designed to
Key Takeaways Block will pay a $40 million penalty due to compliance failures in its Cash App platform. The investigation revealed weak anti-money laundering practices and inadequate monitoring of suspicious Bitcoin transactions. Share this article Block, Inc., the fintech giant led by Bitcoin advocate Jack Dorsey, has agreed to pay a $40 million penalty to
If you’ve been around Bitcoin long enough, you know it moves in cycles, and the halving cycle is a big deal. It happens roughly every four years, halts the block reward, and has historically kicked off major price moves. But here’s the thing: it’s not just the halving event that matters; it’s what holders do before
This week, we examine Ethereum, Ripple, Cardano, Solana, and Binance Coin in greater detail. Ethereum (ETH) Ethereum continues to make new lows this year with the price touching $1,400 briefly on Wednesday before buyers returned. The asset closed the week with a 14% loss. While the support at $1,400 seems to hold for now, the
Vitalik Buterin has shared a new proposal aimed at improving user privacy on Ethereum without making big changes to the network itself. In an Apr.11 post on the Ethereum Magicians forum, the Ethereum (ETH) co-founder explained how wallets and developers could take small but meaningful steps to protect users without waiting for long-term upgrades to
Key Takeaways OpenAI is preparing to release several new AI models, potentially as early as next week. The flagship release will likely be GPT-4.1 — an enhanced version of the GPT-4o multimodal model. Share this article OpenAI plans to launch several new AI models, including GPT-4.1, a revamped version of its GPT-4o multimodal model, The
The next 90 days will be devoted to countries making backroom deals to reduce their tariffs, including BRICS countries (i.e., Brazil, Russia, India, China, and South Africa). On paper, it will be 10% reductions, but in practice, small exemptions will add up. What will change, however, is that countries will begin to have fealty to Trump or
For the last two months, cryptocurrencies have been in correction mode, with spot trading volume for bitcoin (BTC) and altcoins declining by tens of billions of dollars. Despite this plunge in spot trading volume, the world’s largest crypto exchange, Binance, has continued to lead other platforms, with its share of spot volume increasing by the