Crypto

Crypto trader Ran Neuner said Bitcoin could be at risk if AI continues to pull miners away from the network, but others disagree. A new debate has emerged over whether a continued shift by Bitcoin miners toward artificial intelligence could impact the network’s security and its role as a store of value. While some argue that miners leaving the network would leave it more susceptible to a “51% attack,” others argue it will simply trigger the Bitcoin network to rebalance itself as designed, making it enticing for miners again. “AI has killed Bitcoin forever,” crypto trader Ran Neuner said on Sunday, arguing that it has become Bitcoin mining’s biggest competitor because both industries compete for electricity. Read more

A huge week lies ahead on the US economic calendar with more inflation data and a Fed rate decision as markets continue to react to the war in the Middle East. 

The regulator filed for dismissal of its case against BitClout founder Nader Al-Naji, after “reassessment of the evidentiary record." The US Securities and Exchange Commission (SEC) has dropped a two-year-long case against the founder of the blockchain-based social media platform BitClout, Nader Al-Naji.  In the joint dismissal stipulation filed in the US District Court for the Southern District of New York on Thursday, the SEC cited the crypto task force, which was tasked with developing a regulatory framework for crypto in January 2025, and a “reassessment of the evidentiary record” as the basis for dismissal. The regulator cautioned that this case outcome doesn’t necessarily mean other similar enforcement actions will receive the same treatment.  “The Commission’s decision to exercise its discretion and seek dismissal of this litigation is based on the particular facts and circumstances of this case and does not necessarily reflect the Commission’s position on any other case,” it said. Read more

The Senate Economics Legislation Committee said the proposed legislation will modernize digital assets regulatory framework.

Volume jumped more than 250% during the move, with traders watching whether former resistance now turns into support.

Australia’s securities regulator said two-thirds of Gen Z are using social media to make decisions about their financial future, leading to “riskier” financial decisions.  Australia’s financial regulator has urged young investors not to rely on social media influencers and artificial intelligence chatbots to make financial decisions, according to a study that also found that one in four “Gen Zs” invest in crypto. The Australian Securities and Investments Commission (ASIC) posted the results of a survey on Sunday, finding that Gen Z has high levels of trust in “often unreliable sources,” which has contributed to riskier financial decisions. “Moneysmart’s Gen Z study found that while Gen Z has a strong appetite for reputable and trustworthy financial content, many struggle to find it – and their search often leads them to sources designed for engagement rather than accuracy,” ASIC said.  Read more

The proposal would bring crypto platforms and custodians under Australia’s financial-services law, requiring operators that hold client tokens to obtain licences and meet new asset-safeguarding standards.

WLFI token holders must stake their tokens for at least 180 days to retain voting privileges under the recently passed proposal. World Liberty Financial (WLFI) holders who want a chance to steer the protocol’s future will now need to lock up their tokens for nearly six months under a newly passed proposal.  The proposal from the Trump family-backed crypto venture closed on Friday with 99.12% of 1,800 votes cast in favor, according to the snapshot governance vote. Over 76% of the tokens came from ten users.  WLFI said the proposal was to ensure only those with “long-term alignment to the protocol” can make decisions on the protocol. Read more

The filings come as the company faces a lawsuit alleging it commingled client crypto assets and refused to return client funds.

Prediction markets tracking Senate control have swung sharply in recent weeks as traders reassess political risk amid escalating tensions in Iran.

In a post-mortem of the incident, Aave clarified it was not slippage, but an illiquid market that caused the trader to lose over $50 million while swapping USDT for AAVE. Decentralized finance protocol Aave said it is introducing a new feature to block swaps with a price impact above 25% after a user lost $50 million in a trade while interacting with Aave’s interface last week.  “We are soon deploying a new feature, Aave Shield, which provides more protections for users who use the swap feature in the Aave interface aave.com,” Aave said in a post-mortem statement on Saturday. Aave said users would need to manually disable the Aave Shield protection feature to proceed with high-risk trades. Read more

Markets steadied after a volatile weekend, even as oil rose, as traders weighed U.S. strikes on Iranian targets.

Crypto ATMs’ minimal verification and fast transactions let criminals turn cash into digital assets in minutes, often before victims notice.

The legislation assumes that all crypto activity must pass through financial intermediaries licensed by the US government, warns Gnosis co-founder. The regulatory provisions outlined in the US Digital Asset Market Structure Clarity Act, otherwise known as the CLARITY Act, threaten to give large financial institutions control over crypto, according to Dr. Friederike Ernst, co-founder of the Gnosis blockchain protocol. Regulations in the CLARITY crypto market structure bill assume that activity must pass through centralized intermediaries, which risks consolidating crypto rails in the hands of a few entrenched players, Ernst told Cointelegraph. “Blockchain’s real breakthrough was not just a new financial infrastructure. It was the ability for users themselves to become owners of the networks they rely on," she said. Ernst added: Read more

The Ledger hardware wallet integration lets users approve AI-driven crypto transactions on-device while keeping private keys secure.

Polymarket and Kalshi are trying to raise money at valuations that put them in the top tier of consumer-fintech names, even as Washington moves closer to writing new rules for the product they sell. Both companies are reportedly in early fundraising talks that could value each at around $20 billion. That fundraising chatter is taking […] The post $700M in Iran war bets and $1.2M in suspicious profits push Washington toward prediction-market crackdown appeared first on CryptoSlate.

The SEC and CFTC signed a memorandum of understanding to do a better job providing a combined regulatory approach to the digital asset sector.

The threat actor manipulated the platform by using Thena tokens to bypass the maximum supply cap and borrow several different digital assets. Venus Protocol, a decentralized lending and borrowing platform, said on Sunday it had detected suspicious trading activity in the liquidity pool for the Thena (THE) token, the native cryptocurrency of the Thena decentralized finance platform. The unusual trading activity only affected pools for the Cake (CAKE) token, the native cryptocurrency of the PancakeSwap decentralized exchange, and the Thena token, according to an announcement from Venus Protocol. The Venus team said: The suspicious trading activity is suspected to be a supply cap attack that was executed in two phases: a steady accumulation of about 84% of the total THE token market cap, coupled with a lending attack, according Allez Labs, which was identified by Venus Protocol as its risk manager. The Venus exploiter used the Theta token as collateral to borrow 6.67 million CAKE tokens, 1.58 million USDC (USDC)...

Nikolic challenges a recent CoinDesk op-ed, declaring "crypto's rock 'n' roll era is over," and argues that it’s the best shift for the industry’s builders.

Researchers are warning that Ethereum dust attacks have surged, with USDT and USDC transfers seeing major spikes.