News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
User Loses $50 Million in Token Swap on Aave
An investor lost $50 million while attempting to swap USDT for AAVE on Aave, receiving only 327 tokens worth $36,000 due to a sandwich attack by a MEV bot.
Elena Volkov2 min - Crypto
On-Chain Data Fails to Confirm Bitcoin's Growth Readiness
On-chain metrics suggest Bitcoin lacks bullish momentum for a mid-term breakout, with analysts highlighting hidden risks and two potential scenarios for market recovery.
James Park2 min - Crypto
Analysts: Oil Crisis Will Impact Miners Through Bitcoin Prices
Analysts warn that rising oil prices due to the Iran conflict will impact Bitcoin miners more through market volatility than electricity costs.
Marcus Reid2 min - Crypto
Address Poisoning Attacks in Ethereum Surge by 600% Post-Fusaka
The number of address poisoning attacks in Ethereum has surged by 600% following the Fusaka upgrade, leading to increased fraudulent activity.
Marcus Reid2 min - News
AI Agents' Transaction Volume 15 Times Lower Than Bloomberg Estimates
AI agents' transaction volumes are significantly lower than previously reported, raising questions about the accuracy of current data and the future of AI in payments.
James Park2 min - News
OP Labs Cuts 20% of Workforce Following Base's Shift to Its Own Stack
OP Labs has laid off 20% of its workforce to streamline operations after Base's transition to its own architecture, according to CEO Jing Wang.
Sarah Chen2 min - News
Binance Reveals Details of Investigation into Transfers to Iran-Linked Addresses
Binance clarifies allegations of transferring $1.7 billion to Iranian entities, detailing the investigation and response to media claims.
James Park2 min - News
Jefferies Warns of Threats to Banks from Stablecoins
Jefferies analysts warn that stablecoins could lead to significant deposit outflows from traditional banks, potentially costing them billions.
James Park2 min - Crypto
Experts Predict Bearish Trend for Bitcoin Before Surge to $1 Million
Matt Hougan of Bitwise predicts Bitcoin could reach $1 million, but some experts foresee a drop below $60,000 amid market volatility.
Elena Volkov4 min - News
US Inflation Matches Expectations as Bitcoin Approaches $71,000
US inflation data matched forecasts, while Bitcoin neared $71,000. Experts warn of potential inflationary pressures from rising energy costs amid geopolitical tensions.
Aisha Patel2 min - News
Nvidia CEO Dismisses AI as a 'Job Killer'
Nvidia's CEO Jensen Huang argues that AI will create more jobs rather than eliminate them, emphasizing the industry's potential for growth and the need for skilled labor.
Sarah Chen2 min - News
Resilient Bitcoin and Strong Dollar: How the Iran Conflict Affected Markets
The ongoing conflict in Iran has led to significant market reactions, with Bitcoin showing resilience and oil prices soaring.
Marcus Reid3 min