News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Investors Withdraw Over $8.6 Billion from Aave Following Kelp Hack
Investors withdrew over $8.6 billion from Aave following a significant hack of the Kelp protocol, leading to a dramatic drop in the platform's total value locked.
James Park3 min - Crypto
Bitcoin Price Holds at $75,000 After US-Iran Ceasefire Breakdown
Bitcoin remains steady at $75,000 amid escalating US-Iran tensions, while Ethereum dips slightly. Analysts note a calm crypto market response to geopolitical events.
Marcus Reid4 min - News
Eth.limo Regains Control of Domain After easyDNS Hack
Eth.limo has regained control of its domain following a security breach at easyDNS, while Vercel reported unauthorized access to customer data.
Marcus Reid2 min - News
Deutsche Bank CEO: No Panic Over Mythos AI
Deutsche Bank's CEO Christian Sewing reassured that the German banking sector is not panicking over Anthropic's Mythos AI, despite global concerns about its cyber capabilities.
James Park2 min - News
Kraken Extortion, Signal Message Recovery, and Cybersecurity News
This week in cybersecurity: Kraken faces extortion, Ukrainian authorities seize $8.3M in crypto from hackers, and the FBI recovers deleted Signal messages.
Marcus Reid4 min - News
Will Bitcoin Holders Face Jail Time in Russia?
This article discusses the potential criminalization of cryptocurrency in Russia, the impact of the Iran conflict on chip production, and issues surrounding World Liberty Financial.
Marcus Reid2 min - News
Google in Talks with Pentagon for Gemini Integration
Google is negotiating with the Pentagon to integrate its Gemini AI system into military operations, despite employee opposition and ethical concerns.
Marcus Reid4 min - Crypto
Adam Back Questions Satoshi's Billion-Dollar Wealth and Key Loss
Adam Back suggests that Satoshi Nakamoto may have lost access to his bitcoins due to lost keys, rather than deliberate inactivity, during a talk at Blockchain Paris Week.
James Park2 min - Crypto
Bitcoin Surges Past $78,000 Following Strait of Hormuz Reopening
Bitcoin has surged past $78,000 for the first time since February, driven by the reopening of the Strait of Hormuz and positive market sentiment.
Marcus Reid4 min - News
Snap to Lay Off 1,000 Employees, Embracing AI to Save $500 Million
Snap is laying off 1,000 employees, about 16% of its workforce, as part of a cost-cutting plan to save $500 million, while enhancing efficiency through AI technology.
Daniel Kim2 min - News
Criticism Instead of Partnership: Journalists Investigate Polymarket and Kalshi
More Perfect Union's investigation reveals concerns about Polymarket and Kalshi's prediction markets, highlighting issues like insider trading and profit distribution.
Elena Volkov2 min - News
WLFI Holders Threaten Trump Sons' Project with Class Action
WLFI investors are threatening legal action against the project after a controversial proposal to extend the vesting period, which they claim is fraudulent.
Daniel Kim2 min