A new cryptocurrency called Pearl has set off a short-lived GPU mining rush.
Bumo Sarang, a funeral services company in Korea, lost $33 million after it invested $40 million of its own customers’ money into a leveraged crypto ETF. These funds were meant for prepaid funeral services, but the company…
Large cryptocurrency holders are increasingly being targeted by criminals as large wallets are traced back to their owners. Because of this, many firms and individuals are now investing in physical security and bodyguards,…
Modern derivatives and digital asset markets operate under a persistent drag of operational friction. A recent Nasdaq survey reveals that 70% of global firms experience settlement failures on a daily basis. This structural inefficiency forces instituti…
The two hacks came a little over two weeks apart. On 1 April, attackers drained roughly $285 million from Drift Protocol, a Solana-based derivatives exchange, after spending months posing as a quantitative trading firm to trick employees into authori…
An X user shared how they were able to recover the password on their old cryptocurrency wallet using Claude and some luck.
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As gig platforms continue to expand globally, one of the biggest operational challenges they face is managing cross-border disbursements to an ever-growing network of freelancers, creators, and partners across multiple regions. While the gig economy th…
JPMorgan Chase filed paperwork on Tuesday for its second tokenized money market fund, four months after becoming the largest global systemically important bank to put a fund on the Ethereum blockchain. The JPMorgan OnChain Liquidity-Token Money Marke…
Coinbase cut 700 jobs on Monday. It reported a 394 million dollar quarterly loss on Thursday. On Friday, a data centre overheated in Virginia and the exchange went dark for seven hours. The company that told its remaining engineers that AI could do w…
Coinbase is cutting 14 per cent of its workforce, roughly 660 employees from a company of 4,700, two days before it reports the worst quarterly earnings in its history as a public company. CEO Brian Armstrong announced the layoffs on Tuesday in a lette…