Category: crypto
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Microsoft to pour $10B into Japan for AI expansion, cyber defense, and talent development
Microsoft plans to invest $10 billion in Japan over the next four years, focusing on AI data centers, cybersecurity partnerships, and training one million engineers. This investment builds on a previous commitment and includes collaborations with major Japanese companies. Microsoft also launched new AI models and emphasized its partnership with OpenAI.
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SlowMist audit finds no private key leakage in OKX Wallet
SlowMist did not find any key leaks in the OKX Web3 wallet, but highlighted the risk of BOM-style malware and compromised devices affecting user-side security. OKX emphasizes self-custody design, with private keys stored locally. The audit comes after BOM malware stole over $1.82 million from thousands of wallets. Third-party audits and user precautions are recommended.
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FSS orders Dunamu to correct disclosure on Naver Financial deal
South Korea’s FSS orders Dunamu to correct omissions in Naver Financial stock swap filing, facing regulatory uncertainty. The deal aims to make Dunamu a Naver Financial subsidiary, but challenges arise from new digital asset rules. Debate on the Digital Asset Basic Act could impact exchange ownership rules and the merger’s structure.
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Clanker launches ecosystem fund to recycle fees into creators and community
Clanker’s new ecosystem fund, owned by Neynar after acquiring Farcaster, will recycle protocol fees on Base into CLANKER buybacks, grants, and infrastructure for the creator community. The fund has already deployed $8 million to buy back CLANKER tokens and plans to further support initiatives across Clanker and Farcaster.
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South Korean ‘drug lord’ extradited as authorities target Bitcoin trail
South Korea extradited alleged drug boss Park Wang-yeol from the Philippines and plans to use blockchain forensics to trace 6.8 billion won in Bitcoin-linked drug proceeds. Park is suspected of running a drug trafficking ring from prison and overseeing a monthly drug business worth $22 million. Korean authorities will rely on on-chain analysis of Bitcoin…
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Coinbase Bitcoin premium flips back to positive as U.S. demand stirs
The Coinbase Bitcoin Premium Index has turned slightly positive, indicating renewed U.S. demand despite extreme fear in the market. This suggests institutional and compliant capital is starting to outpace prices on offshore exchanges. The positive shift is seen as a potentially constructive sign for Bitcoin’s future performance.
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Bitget launches VIP Fast Track to tie perks directly to trading behavior
Bitget’s VIP Fast Track Program rewards traders based on futures, spot, and position activity without static balance thresholds. Upgrades come with fee offsets and perks. The program aims to make VIP access earned through trading behavior, with milestones linked to rewards that lower trading costs and provide benefits like fee discounts and airdrops. The program…
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RootData’s project claiming feature lifts transparency scores and traffic
RootData’s project claiming feature allows teams to verify and manage profiles, increasing transparency scores by over 30% and boosting heat and visibility by 220% across 220+ partners. More than 20 well-known projects, such as Bitway and Flock, have claimed their profiles, with over 120 projects now certified. This enhances community trust and market attention.
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Google, Microsoft, backs x402 Foundation to standardize AI-driven crypto payments
Big Tech firms like Google, Microsoft, and Amazon Web Services are supporting the x402 Foundation to standardize AI-driven payment infrastructure. The Linux Foundation is leading the initiative with early backing from companies such as Coinbase, American Express, Mastercard, and Visa. Despite support, adoption of the x402 protocol has been uneven.
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Riot Platforms sells 3,778 BTC in Q1 as Bitcon miners continue selling
Riot Blockchain sold 3,778 BTC in the first quarter for about $289.5 million, at an average price of $76,626, amid a tough market environment for crypto firms. The company also mined 1,473 BTC during the quarter and held 15,680 BTC on its balance sheet at the end of Q1. Other crypto firms have also been…