Crypto

The non-cash charge did not trigger a disclosed margin call, but the loan's live collateral thresholds remain private. The post Bit Digital pledged 74% of its staked Ethereum position to a loan that can trigger a 24-hour collateral call appeared first on CryptoSlate.

Advances in compact proofs have erased Poseidon’s previous performance advantage, according to researcher Justin Drake. The Ethereum Foundation is moving away from the Poseidon hash function in its planned post-quantum architecture, according to researcher Justin Drake.  On Thursday, Drake said the foundation was abandoning Poseidon and turning to established alternatives such as SHA or BLAKE. A hash function converts data into a fixed digital fingerprint, enabling computers to check that information has not been altered.  Poseidon had been considered for future post-quantum systems such as leanVM, which would help Ethereum efficiently verify large volumes of blockchain activity. Those systems have not yet been deployed on mainnet.  Read more

Cash fell to $4.5 million while Galaxy loans reached $120 million and 52.7% of reported SOL equivalents were pledged. The post Multicoin exits the $1.65 billion Solana treasury company it helped launch eight months ago appeared first on CryptoSlate.

The SEC was ready to release at least some part of the innovation exemption alongside its now-canceled open meeting for "Reg Crypto" on Friday.

Bitcoin Red Team member Calle said Chinese models, including Moonshot AI’s Kimi K3, are finding bugs across Bitcoin’s open-source software.

The first major crypto rule to be proposed by the U.S. Securities and Exchange Commission will have to wait a bit longer after a sudden postponement.

The USENIX study found 31 vulnerabilities, including six directly validated paths and 25 high-risk cases. The post Coinbase and 14 other x402 facilitators failed security tests built for the coming AI-agent economy appeared first on CryptoSlate.

A new group of veteran Bitcoiners will take over operations after supplying fresh capital and engineering resources.

In a new red-team study, Claude models deployed self-replicating malware against each other—and the transcripts explain why.

6th Man Ventures co-founder Mike Dudas says Solana’s infrastructure could carry crypto’s next wave.

The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi. The City of Baltimore and its mayor, Brendan Scott, filed lawsuits against Kalshi and Polymarket over allegations that the companies violated local gambling laws. In a Thursday notice, the Baltimore mayor’s office said that the two prediction market companies operated “illegal, unlicensed sports-betting platforms” and misled users about the ”legality and regulatory status of their products.” The lawsuits are centered on claims disputing Kalshi’s and Polymarket’s characterization of event contracts, arguing that the trades amount to unlawful wagers under state laws. “These companies are running sportsbooks without licenses and betting that a new label will put them above the law,” said Scott. “It won’t. Baltimore will not let multibillion-dollar companies put profits over people and harm our communities through illegal gambling.” Read more

KPMG’s audit covered Tether’s 2025 financial statements and found its reserves exceeded liabilities by $6.8 billion. Tether completed the first full independent audit of its annual financial statements, with KPMG US issuing a clean opinion on the stablecoin issuer’s 2025 accounts. The audit covered Tether’s balance sheet, income statement and cash flows for the year ended Dec. 31, 2025, including the assets backing its issued tokens and the liabilities they represent. Tether said the audited statements showed reserves exceeding liabilities by $6.814 billion. Unlike Tether’s quarterly reserve attestations, which it has published for years, the full audit subjected the company’s broader financial statements and underlying evidence to independent examination, including transactions, systems, ownership records, valuations and counterparties. Read more

A June extension superseded the earlier schedule without identifying its start point, affected wallets or token amount. The post DATA Foundation (ex-Story Protocol) keeps insider tokens locked past deadline with no new unlock date appeared first on CryptoSlate.

Anthropic is weaving an invisible, machine-readable watermark into every word its newest Claude models write—and it hasn't said how.

Solana is now GSR's largest allocation.

In its Aug. 12 earnings exhibit, GameSquare did not disclose how much ETH was pledged or update the March 31 rollover terms. The post Gaming firm GameSquare boasts a $26M Ethereum fortune, but quiet debt fine print leaves just $2.1M in real cash appeared first on CryptoSlate.

More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sang-ho faces prison time in South Korea. A judge in South Korea reportedly sentenced Delio CEO Jeong Sang-ho to 15 years in prison after he was found guilty of defrauding users out of about $50 million in crypto.  According to a Thursday report from South Korean news outlet Newsis, the 11th Criminal Division of the Seoul Southern District Court sentenced Jeong after his conviction on charges related to embezzlement and the use of a false trading license, but the CEO received no detention for defrauding users of $175 million. “While operating Delio, [Jeong] falsely obtained a virtual asset trading license and defrauded victims of approximately 70 billion won [$49.3 million] in virtual assets,” said the court, adding:  Read more

Google's model is live and built for cheap agents; OpenAI's is quicker but locked behind a waitlist.

Tether said KPMG gave its 2025 financial statements a clean opinion, a milestone for the company after years of questions about the reserves backing USDT.

The stablecoin giant's reserves exceeded liabilities by $6.81 billion.