Category: crypto

Digital asset investment products saw $1.2 billion in inflows last week, marking the fourth consecutive week of positive flows. Bitcoin led with $933 million, while Ethereum attracted $192 million. Blockchain equity ETFs also experienced strong demand. Total assets under management rose to $155 billion, with institutional demand for Bitcoin ETFs driving the market.

Former Ripple CTO David Schwartz warned about a phishing campaign targeting Robinhood users through authentic-looking emails ahead of the firm’s earnings report. Attackers exploited email system vulnerabilities to embed malicious links in messages that passed authentication checks, making them appear legitimate. Phishing attacks continue to target cryptocurrency users, posing a persistent risk.

Researcher Giancarlo Lelli received a 1 BTC reward from Project Eleven after cracking a 15-bit ECC key using quantum tools, sparking a debate in the crypto market. Critics, including Adam Back, argued that the test did not represent a real quantum breakthrough and that Bitcoin’s 256-bit keys are still secure.

Google DeepMind has partnered with South Korea on the K-Moonshot initiative to address scientific challenges using AI. The collaboration includes sharing AI models and data across various fields. Google will establish an AI campus in Seoul and work with local engineers and institutions. The partnership also focuses on AI safety and ethical innovation.

China has blocked Meta’s $2 billion acquisition of AI startup Manus due to national security concerns. Manus executives were prevented from leaving China during the review. The decision reflects China’s efforts to prevent the transfer of key AI assets to the US amid geopolitical tensions. Meanwhile, Meta continues to deepen its internal AI capabilities despite…

Banking Circle has launched regulated stablecoin settlement services in Luxembourg, supporting USDC, USDG, and its own EURI for institutional fiat and crypto conversions. The expansion follows regulatory approval as a Crypto Asset Service Provider. Competition in the euro stablecoin market is intensifying as traditional banks and crypto firms enter the space.

A crypto whale withdrew 72,264 HYPE, worth $30.6 million, from Gate.io, increasing their total holdings to 396,820 HYPE valued at around $168 million. This comes as whales increase exposure to Hyperliquid despite high volatility. Derivatives show a battle between leveraged shorts and spot buyers around the $40 support level.

Consensys and Joseph Lubin pledge up to 30,000 ETH to DeFi United’s rsETH recovery stack to repair collateral damage from Kelp DAO’s $293 million exploit. Aave warns that without this support, the recovery process would be challenging. The DeFi United coalition has received pledges from various ecosystem protocols to address the deficit.

Onchain IP transforms traditional, static intellectual property rights into transparent and tradable assets. Projects like My Pet Hooligan show how NFT-based IP can make audiences into owners. This shift allows fans and creators to become stakeholders in the entertainment industry, creating a more equitable and open system for all.

A new academic working paper found that only 3.14% of Polymarket users are driving much of the platform’s price discovery, with skilled traders and market makers capturing over 30% of gains. The study reviewed millions of accounts and billions of dollars in trading volume, challenging the idea that prediction markets reflect broad crowd wisdom. Insider…