Tag: AltcoinGordon

Reports point to a security incident on the NFT marketplace, with one outlet citing a whitehat rescue of thousands of tokens. Magic Eden, one of the largest NFT marketplaces in the crypto industry, is facing scrutiny after reports of a possible security exploit.

The exchange halted withdrawals after a hot wallet compromise, with its CEO pointing to IP address clues. Bitget's chief executive publicly confirmed a security breach affecting $351.6 million in digital assets. The funds were held in the exchange's hot wallet infrastructure, according to the company's disclosure.

The liquid restaking protocol accuses the cross-chain messaging firm of failures tied to a major loss of user funds Kelp DAO, the liquid restaking protocol behind the rsETH token, has filed a lawsuit against LayerZero and a co-founder of the cross-chain messaging network.

The agreement ties Akamai's infrastructure business to the growth of Anthropic's AI models rather than a standard cloud contract. Akamai Technologies has entered into an agreement with Anthropic worth $11.6 billion, according to reports from Cryptopolitan and Forkast. Both outlets indicate the deal's total value could climb as high as $20 billion over time.

Read against each other, the week's regulatory record shows an argument for lighter identity checks in the US and an actual rule demanding heavier ones in Brazil. Read against each other, the week's regulatory record shows an argument for lighter identity checks in the US and an actual rule demanding heavier ones in Brazil.

The central bank moves to formalize reserve backing and capital requirements for dollar-pegged tokens as GENIUS Act implementation advances The Federal Reserve has proposed reserve and capital requirements for stablecoin issuers, according to reports from Cryptopolitan and Crypto News Australia.

The crypto exchange's chief executive pointed to state-linked actors as the probable source of one of the year's largest hacks. Bitget's chief executive has said North Korean hackers were very likely behind a breach that drained approximately $350 million from the exchange.

Jack Dorsey's fintech company joins the x402 ecosystem, giving autonomous software a Bitcoin-based way to pay for services Block, the payments company led by Jack Dorsey, has brought Bitcoin Lightning Network support to x402. The protocol is designed to let software, including AI agents, pay for digital services automatically.

The new on-chain products are currently available only to traders outside the United States, according to reporting on the launch. Ondo Finance has begun offering tokenized portfolios built around investment strategies originally developed by BlackRock, according to reporting from Cryptopolitan and CryptoSlate.

CEO Gray Chen says spoofed transfers, not stolen private keys, enabled the attack. Bitget has confirmed a major security breach resulting in losses of approximately $351.6 million. The exchange said hackers drained funds from wallets spanning multiple blockchain networks.

Commissioner suggests zero-knowledge proofs could verify identity without collecting excess personal data. SEC Commissioner Hester Peirce has renewed calls to rethink how crypto firms verify customer identities. She argued that existing know-your-customer, or KYC, frameworks demand more personal information than regulators actually need.

New rule extends disclosure requirements to trades involving personal, non-custodial wallets. Brazil has issued a new regulatory requirement obligating reporting of large cryptocurrency transactions involving self-custody wallets. The threshold for triggering the reporting obligation is set at $10,000, according to reports from Bitcoin.com News, Coinfomania, and crypto.news.

A new privacy proposal aims to bring shielded transfers, long associated with Zcash, directly to Bitcoin's core protocol. Bitcoin researchers have proposed adding Zcash-style shielded transactions to Bitcoin's base layer, according to CryptoSlate and Bitcoin.com News. The idea would import a privacy technique long associated with dedicated privacy coins into Bitcoin's own protocol.

A look at how fast each of today's stories moved from one newsroom to several, and what the pace of confirmation says about how solid each claim actually is. A look at how fast each of today's stories moved from one newsroom to several, and what the pace of confirmation says about how solid each…

Payments giant finds consumer willingness to use stablecoins nearly doubles when fraud protection and deposit insurance are added. Visa has released study findings indicating that consumer appetite for stablecoins rises sharply when familiar banking safeguards are attached to the product.

Of four stories filed while US desks were dark, only the tokenized-deposit settlement report earned third-party corroboration; the rest sit at two publishers apiece. Of four stories filed while US desks were dark, only the tokenized-deposit settlement report earned third-party corroboration; the rest sit at two publishers apiece.

The lawsuit accuses the prediction market platform of running unlicensed betting, reopening a dispute over who regulates event contracts. New York’s attorney general has sued Polymarket, accusing the prediction market platform of facilitating illegal gambling, according to crypto.news.

A five-year regulatory relief period sets terms for automated market makers trading tokenized equities, and XRP Ledger's native AMM feature puts it in position early. The U.S. Securities and Exchange Commission has granted relief that establishes terms for automated market makers, or AMMs, to handle trading of tokenized stocks, according to Cryptonews.com and Coinspeaker.