adminBitcoin exchange reserves fall to two-year low after $8B exodus
In recent developments, nearly 100,000 Bitcoin exited major exchanges as OTC balances tightened and demand from accumulator addresses increased by 60%, pointing to reduced liquid supply. Looking closer, market participants…
Chaos Labs says oracles secure after attempted ‘nation-state’ wallet attack
In recent developments, chaos Labs said on Thursday it has rotated all keys since the attempted attack over the weekend and hasn’t detected any suspicious activity since. Looking closer, market…
AWS Northern Virginia data center overheats, impacting Coinbase
In recent developments, coinbase said on Friday its markets are being placed in “cancel only” mode but will begin to re-enable trading “shortly.” Looking closer, market participants highlight key drivers…
Aptos Foundation, Aptos Labs commit $50M to development as it eyes AI agent f…
In recent developments, the Aptos Foundation said building infrastructure that enables sub-second finality without the need for human intervention is a key to supporting the next wave of AI agent…
Chrome Deleted Its Own Privacy Promise for Sneaky On-Device AI
In recent developments, chrome is quietly installing a 4GB AI on your devices. And now, its latest version has removed the disclosure that promised to keep your data off Google’s…
Bermuda Pushes New USDC Airdrop as Premier Burt Targets Local Merchants
In recent developments, bermuda is transitioning from blockchain experimentation to practical implementation with the announcement of a new USDC stablecoin airdrop and a merchant onboarding program. Strategic Expansion of USDC…
Kraken Parent Payward Buys Reap Technologies for $600M to Build Stablecoin Pa…
In recent developments, payward Inc., the parent company of cryptocurrency exchange Kraken, announced on Thursday that it has agreed to acquire Hong Kong-based Reap Technologies Holdings for up to $600…
Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
In recent developments, block’s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin “trading dynamics” and reducing fees on Cash App transactions. Looking closer, market participants highlight…
Coinbase shares slide on $400M Q1 loss, revenue miss
In recent developments, coinbase financial chief Alesia Haas said “macro conditions were genuinely tough,” while CEO Brian Armstrong highlighted a plan to diversify beyond spot trading. Looking closer, market participants…
Tom Lee Says BitMine May Slow Ethereum Buys After Amassing Nearly $12 Billion…
In recent developments, leading Ethereum treasury firm BitMine Immersion Technologies may start slowing its ETH purchases as it approaches its 5% supply goal. Looking closer, market participants highlight key drivers…