Regulation
Technology
New BitVM proposal brings Ethereum-style contracts to Bitcoin
The developer said the technology would allow "any computable function to be verified on Bitcoin."
Hacks
FriendTech rolls out two-factor authentication in response to sim-swap attacks
The social protocol warned that it cannot help users to recover or reset new passwords if they are lost.
Analysis
Dormant Bitcoin address moves 3k BTC after price increased 6000% in 6 years
A similar dormant address moved 5000 BTC after three years of inactivity.
Analysis
Ethereum experiences rocky trading day after Ethereum Foundation selloff
The second-largest cryptocurrency by market cap experienced a rough trading day following the Ethereum Foundation's sale, but has recovered about a third of the value lost since the sale became known.
Analysis
Ethereum futures ETFs launch to tepid demand; Bitcoin and Solana remain favored investment products
Bitcoin and Solana investment products dominates the $78 million inflows recorded for digital assets investment products last week.
Exchanges
South Korean UPbit counters 1,800% surge in hacking attempts with AI-driven security measures
UPbit has introduced an artificial intelligence-backed Fraud Detection System (FDS) that would help it prevent financial fraud.
Regulation
HTX, KuCoin among exchanges on UK’s FCA unauthorized operators list
The regulator stated that all financial firms serving UK customers must be authorized or registered with it.
Legal
Sam Bankman-Fried Trial: DOJ forbids SBF from highlighting Anthropic investment in defense
The value of SBF's $500 million investment in Anthropic could jump to more than $4 billion if the AI company secures new funding.
Bankruptcy
CFTC weighing charges against ex-Voyager Digital CEO Stephen Ehrlich
The CFTC determined that Ehrlich violated derivatives regulations before the company's bankruptcy.
Technology
Charles Hoskinson defends Hydra as Cardano DeFi thrives
Despite recent concerns within the Cardano community, decentralized finance (DeFi) activity on the network continues to thrive.
AI
OpenAI gears up to combat AI chip shortages by exploring in-house production
OpenAI ChatGPT relies heavily on AI chips for their operations.
DeFi
THORSwap moves to ‘maintenance mode’ to halt proliferation of unlawful transactions
Cryptocurrency researcher Tayvano reported that more than 50% of the Ethereum moved through the THORSwap router during the last four months were stolen funds.
