Aave Labs, the core development team behind the Aave protocol, has been granted $25 million in stablecoins, alongside a token allocation of 75,000 AAVE by its decentralized autonomous organization (DAO) as part of the “Aave Will Win” framework. The vote passed Saturday with nearly 75% in favor. The stablecoin allocation will be paid in installments…
University of California researchers have discovered that some third-party AI large language model (LLM) routers can pose security vulnerabilities that can lead to crypto theft. A paper measuring malicious intermediary attacks on the LLM supply chain, published on Thursday by the researchers, revealed four attack vectors, including malicious code injection and extraction of credentials. “26…
The European Central Bank has supported the European Commission’s plan to bring the supervision of major crypto companies under the EU’s financial markets regulator. The ECB said in an opinion published on Friday that it fully supports bringing oversight of systemically important cross-border capital market companies, such as large trading platforms and crypto companies, under…
US President Donald Trump said Iran did not want to compromise its nuclear weapons program, stating it was the only issue that “really mattered.” Bitcoin fell as low as $70,623 on Sunday after the US announced a blockade of the Strait of Hormuz following failed peace talks with Iran. The price of Bitcoin (BTC) initially…
Now almost a week old, the Bitcoin (BTC) recovery is “fragile” as the crypto market faces geopolitical and macroeconomic headwinds from the ongoing war in the Middle East, according to Nic Puckrin, a crypto market analyst and founder of the Coin Bureau media outlet. “Even if the war ends now, its repercussions will likely be…
Bitcoin (BTC) fell 3% to trade below $71,000 into Sunday’s weekly close after negotiations to end the US-Iran war broke down. Key points: Bitcoin shed its gains as negotiations between the US and Iran broke down. The Strait of Hormuz becomes a flashpoint again as US President Donald Trump demanded that it be reopened. BTC…
Justin Sun, the founder of the Tron layer-1 blockchain network, criticized World Liberty Financial (WLFI), a decentralized finance platform co-founded by US President Donald Trump’s sons, over lengthy lock-up periods for the platform’s governance token. Sun said that he invested “significant capital” in WLFI as an early investor and also said that a March WLFI…
In brief A developer recreated Claude Opus-style reasoning in a local open-source model. The resulting “Qwopus” model runs on consumer hardware and rivals much larger systems. It shows how distillation can bring frontier AI capabilities offline and into developers’ hands. Claude Opus 4.6 is the kind of AI that makes you feel like you’re talking…
Michael Saylor, the co-founder of Bitcoin (BTC) treasury company Strategy, signaled that the company is acquiring more BTC, as the price retreated from the local high of over $73,000 reached this week. “Think bigger,” Saylor said on Sunday, while sharing the chart of Strategy’s BTC purchase history that has become synonymous with imminent BTC acquisitions….
The White House warned staff against improperly using confidential information to place bets in futures markets after suspicious oil trades ahead of President Donald Trump’s March 23 Iran announcement drew scrutiny, according to Reuters. Reuters reported on Thursday that the White House sent the internal email on March 24, a day after Trump ordered a…