President Trump is dismissing warnings about artificial intelligence (AI) endangering humanity as overblown and a hoax while resisting fresh calls for government oversight of the technology. The remarks came amid growing industry and political concerns about unchecked AI development, reports The Hill. Trump tells reporters that the concerns over AI are being overblown. “We can …
Category archives: Trending Crypto news
ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address
An MEV bot known as “Yoink” front-ran an attacker attempting to exploit a custom Safe module, capturing the stolen rsETH before Kelp temporarily froze the receiving address. An attacker exploited a custom module connected to an Ethereum Safe wallet in an attempt to extract roughly $7.7 million in rsETH, only to have the funds intercepted …
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USDT payments feature in Polish energy giant’s failed $230M oil deal: FT
Tether’s USDT stablecoin was part of a failed oil trade that reportedly cost a Polish energy giant $230 million in late 2023. The world’s largest stablecoin by market cap, Tether’s USDt, was reportedly used in a failed Venezuelan oil trade that cost Poland’s largest energy giant $230 million in late 2023, according to the Financial …
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Swiss Bitcoin Payment Platform Takes Servers Offline After Suspected Internal Breach
A Swiss Bitcoin (BTC) payment firm has taken its servers offline as a precaution after a malicious user likely reached internal systems and may have seen customer data. Neuchâtel-based Swiss Bitcoin Pay, which processes on-chain and Lightning payments for merchants, shut the platform down while it investigates. In an X post, the company says attackers …
BingX Evolves into a Multi-Asset Trading Platform, Connecting Users to Global Opportunities
September 15th, 2026 – PANAMA CITY, Panama BingX today announced its strategic evolution into a multi-asset trading platform and will further its strategy through “Connect Markets. Unlock Opportunities. “, bringing crypto and traditional markets together through an integrated trading experience. The move reflects BingX’s ambition to help traders identify emerging market opportunities, understand the forces …
US House crypto tax package omits mining, staking reward deferral
The 114-page bill would change the tax treatment of crypto fees, stablecoins and lending while leaving existing reward-tax timing unchanged. The US House Ways and Means Committee will consider a 114-page crypto tax package on Wednesday that leaves out a provision that would have allowed miners and stakers to defer taxation of rewards until the …
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Iowa to Hand $25,000,000 to Residents Harmed by Meta in First Consumer Restitution Fund
Iowa is setting up the first-of-its-kind restitution fund to hand out $25 million to residents hurt by Meta’s practices aimed at children. Attorney General Brenna Bird says the state will use $25 million from its $126 million Meta settlement to pay eligible Facebook and Instagram users. Iowa is the first state in the deal to …
Tennessee Church Pastor Accused of Stealing More Than $350,000 Over Nine Years
A Tennessee church says more than $350,000 went missing over nearly nine years after its former financial stewardship pastor was charged with theft. Paul Leo Tremblay, 58, of White House, Tennessee, worked at Southall Church in Franklin, reports WSMV. The Williamson County Sheriff’s Office says church staff raised concerns in August of 2025. Detectives say Tremblay took …
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Georgia Adviser Steals Nearly $10,000,000 From Elderly Client in Wire Fraud Scheme
A former investment adviser will serve more than seven years in prison after stealing nearly $10 million from an elderly client by moving cash into secret accounts. Ejiroghene Okuma, 44, a Georgia resident, was appointed executor of the estate of the victim’s sister in 2022 and told the victim her estate needed funds, reports Atlanta …
Bitcoin short-term holders hit 30-day profit streak as bull-market odds improve: CryptoQuant
Bitcoin short-term holders approached a full month in partial profit as analysis saw improving odds of an enduring bullish BTC price reversal. Bitcoin (BTC) speculators have held onto profits for nearly a month in what new analysis sees as a key sign of market strength. Key points: Read more Go to Source
Ethereum, Base wallet standards talks fail, Ethlabs researcher says
Ethereum and Base are pursuing different account abstraction designs after talks failed, according to Ethlabs researcher Derek Chiang. Ethereum and Base are set to implement different account abstraction standards after efforts to agree on a shared account abstraction standard broke down last week. Interoperability standards became secondary to each chain’s core goals, leading both to …
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US seeks $61M in USDT allegedly tied to sanctioned Iranian oil sales
Tether froze $61.19 million across 10 Tron addresses in 2025 that prosecutors allege were connected to black-market Iranian oil proceeds. The US Department of Justice (DOJ) is seeking forfeiture of more than $61 million in Tether’s USDT stablecoin, alleging the funds came from black-market sales of sanctioned Iranian oil and were intended to finance Iran’s …
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Solana more than triples transaction size limit with mainnet upgrade
Solana raised its transaction size limit to 4,096 bytes, giving developers more room for zero-knowledge proofs and transactions with multiple signatures. Solana raised its maximum transaction size from 1,232 bytes to 4,096 bytes to allow developers to fit more complex operations into a single transaction, including zero-knowledge proofs and new onchain signature schemes. The upgrade …
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Balancer eyes wind-down after restructuring fails to revive revenue
Balancer cut costs and shipped new products after restructuring, but Marcus Hardt says v3 failed to replace legacy revenue as November’s $128 million exploit continued to weigh on adoption. Balancer, a decentralized exchange and automated market maker, has proposed winding down the protocol after its post-exploit restructuring failed to generate enough revenue, with its leader …
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From Concrete to Compute: Why Clichmont Is Building AI Infrastructure Instead of Renting It
Spokesperson: Alexis Cathalifaud, CEO As demand for artificial intelligence compute continues to grow, the infrastructure supporting that demand is becoming a strategic consideration in its own right. Companies across the sector are racing to secure access to increasingly powerful GPUs, while questions around electricity, data-center capacity, cooling and connectivity are becoming harder to separate from …