Circle and Tether have frozen stablecoins in a wallet linked to Thursday’s $351.6 million Bitget hack, though the amount is a small fraction of the total. Circle blacklisted the address, which Etherscan labels “Bitget Exploiter 8,” at 05:00 UTC Friday, onchain data shows. The wallet… Read More
The divergence comes as government bond yields climb globally. The war in the Middle East has driven oil and diesel prices higher, complicating the inflation outlook and raising questions about how much further central banks may need to tighten policy. The U.S. 10-year Treasury yield… Read More
Anthony Albanese said governments must help shape AI’s development, after revealing earlier that an OpenAI agent accessed non-public files on an Australian Medicare data portal.
The case adds to a growing fight between prediction markets and state gambling regulators over who has the authority to oversee the products. Prediction market companies argue that their event contracts are financial products overseen at the federal level by the Commodity Futures Trading Commission… Read More
Crypto exchange Bitget lost $351.6 million dollars to a system breach on Thursday, CEO Gracy Chen announced in a social media post. In a post on X, Chen said that Bitget’s cold wallets and user funds were safe, and that there were “unauthorized transfers from… Read More
Qivalis, the independent euro-pegged stablecoin builder with a growing number of banks as shareholders in the project, has also been undergoing a transformation. Sell notes that one year ago he was the only employee; now Qivalis has grown to about 40 staffers and is close… Read More
