An attacker has breached the dashboard of an artificial intelligence crypto bot and made two prompts for it to transfer 55.5 Ether, worth $106,200, from its wallet, sparking concerns about the security of AI agents in crypto.In a March 18 X post, “rxbt” — the maintainer of the bot called “aixbt,” which commentates on the …
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The BNB Chain-based memecoin launch platform Four.Meme has resumed operations after being hit with a sandwich attack that exploited it for around $120,000. Four.Meme said in a March 18 X post that its launch function was back after inspecting and addressing a security issue. It had earlier suspended the function to investigate it, saying it was …
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A closely followed crypto analyst and trader is warning that the payments token XRP is at risk of a massive collapse. In a new post, crypto trader Ali Martinez tells his 133,300 followers on the social media platform X that XRP may be forming a bearish head-and-shoulders pattern (H&S) on the daily chart. A head-and-shoulders …
The cryptocurrency industry is reportedly targeting the U.S. Securities and Exchange Commission (SEC) in what insiders call an “Italian vendetta” for its overly aggressive regulations during the Biden administration. According to a new Politico report, big names in the crypto industry like Ripple, Coinbase, and Gemini executives are now taking action against SEC officials as …
The Senate Banking Committee’s bipartisan approval of the GENIUS Act means stablecoin legislation could arrive at the president’s desk in a matter of months, according to Bo Hines. Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, said comprehensive stablecoin legislation is expected to be finalized in the coming months, …
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Up to 75% of institutions could be actively using DeFi platforms in two years, the survey found. Institutional investors are increasingly bullish on cryptocurrency, with 83% saying they plan to up crypto allocations in 2025, according to a March 18 report by Coinbase and EY-Parthenon. Already, nearly three-quarters of firms surveyed said they hold cryptocurrencies …
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ETH price struggles as Solana, Tron, and Hyperliquid gain ground. What is needed to lure traders back to Ethereum? Ether (ETH) price fell below $2,200 on March 9 and has struggled to recover since. The altcoin is down 14% in March and the decline has hurt investor sentiment, especially as the broader crypto market only …
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EOS Network announced on March 18 that it will rebrand as Vaulta, marking a strategic shift toward web3 banking as it seeks to integrate decentralized technology with traditional financial systems. The transition, which includes a token swap, is scheduled for late May 2025, pending confirmation. The move represents years of development aimed at leveraging Bitcoin’s …
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Spark has announced that BlackRock, Superstate, and Centrifuge are the winners of its Tokenization Grand Prix. The goal is to allocate $1 billion in tokenized assets, with BlackRock’s BUIDL fund set to receive half of it. The competition, launched in July 2024, allocated funds through the Spark Liquidity Layer (SLL). The initiative aimed to integrate …
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Blockchain investigator ZachXBT has raised concerns about the crypto industry’s ability to address security breaches and illicit fund movements following his involvement in freezing funds from the recent Bybit hack. He argued that persistent vulnerabilities and inadequate responses from key players enable malicious actors to exploit weaknesses at scale. Systemic failures ZachXBT said that many …
Institutional investors are increasingly bullish on cryptocurrency, with 83% planning to expand their allocations this year, according to a new survey conducted by Coinbase and EY-Parthenon. The research, which polled 352 institutional decision-makers in January, found growing confidence in digital assets as regulatory clarity improves and broader use cases emerge. A majority (59%) of respondents …
The regulation of stablecoins in the US can reach President Donald Trump’s desk in two months, according to the Executive Director of the Presidential Working Group on Digital Assets Markets, Bo Hines. During a speech at Blockworks’ Digital Asset Summit, Hines said the market does not fully grasp how legislation on stablecoins can benefit the …
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Fintech and crypto firms are actively pursuing state and national banking licenses under President Donald Trump’s administration to gain regulatory approval that was previously slow to materialize. According to a Reuters report, industry executives indicate that firms seeking credibility and market expansion see a favorable landscape under the administration, which has forced regulators to transition …
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Strategy is unleashing a 5 million-share stock offering, strengthening its bitcoin war chest and pushing its aggressive expansion in the world’s largest cryptocurrency treasury. Strategy’s Stock Offering Unlocks More Firepower for Bitcoin Expansion Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, announced on March 18 that it plans to offer 5,000,000 shares of …
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On Tuesday, onchain investigator ZachXBT raised alarms about the growing prevalence and severity of exploits within the cryptocurrency sector, highlighting the recent Bybit breach as a critical example. ‘This Industry Is Unbelievably Cooked,’ Says Investigator His latest commentary delivers a scathing assessment of the industry’s approach to security, regulatory compliance, and efforts to combat illicit …
Continue reading “DPRK’s $1.4B Laundering Exposes Crypto Industry Failures, ZachXBT Says”
