Revolut Hackers Demand $3M Monero Ransom, Threaten to Sell Customer Data: Report
The group says it chose whom to target by scanning the blockchain for Revolut accounts holding significant crypto.
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Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023
The Clarity Act failed to pass and FOMC hiked rates, and yet, crypto majors are green and alt leaders are flying. What does it mean?
Zcash Closes On $1,400 After Coinholders Vote to Keep Bitcoin-Style Halvings
The privacy coin rose double digits Thursday and 168% over the past month in the wake of the NU7 upgrade vote.
House Committee Advances US Bitcoin Reserve Bill on Party-Line Split
A substitute text adopted before the vote strips out the Federal Reserve funding routes and thins the transparency rules.
Crypto Tax Bill Clears House Committee After Clarity Act Setback
The bill would exempt qualifying crypto fees from gain-or-loss calculations and restrict tax-loss deductions on tokens sold and quickly repurchased.
Meta May Have Found a Fix for Its 'Pervert Glasses'
Meta is reportedly developing a version of its smart glasses without a camera, potentially addressing one of the biggest privacy objections to AI wearables.
OpenAI's Rogue AI Agents Were Probing Hugging Face Two Months Before Hack
An independent researcher found the agents hijacked Hugging Face accounts and mapped the platform's defenses as early as May 13—activity OpenAI's own incident report never fully described.
Fed Chair Implies Trump Is Only Half Right on the Economy Following Rate Hike
Chair Kevin Warsh credited Trump's economy, then ignored his rate-cut wishes entirely.
Bitcoin Core Software Update Aims for Speed and Security Patches
Bitcoin Core 32.0 has entered final testing, bringing faster block checks and changes to how wallets prepare payments.
Fed Hikes Rates for the First Time Since 2023, Bitcoin Spikes
The Federal Reserve delivered the hike Wall Street had almost unanimously priced in.
CFTC and SEC Double Down on Crypto After Clarity Act Defeat
Michael Selig and Paul Atkins pledged to use their agencies’ existing powers to provide crypto regulatory certainty after the Senate failed to advance the bill.
Hackers Hijack HBO Max’s Reddit Account to Spread Crypto-Stealing Malware
Attackers ran 108 malicious ads through the streaming service’s verified account, directing users to fake software downloads.
Zuckerberg Pushes Back on Coordinated AI Slowdown, Says Labs Can Act Alone
Meta’s CEO says competition and potential liability give AI developers reasons to prioritize safety, citing the company’s decision to delay Muse.
Bitcoin ETFs Had Their Worst Day Since June Following Failed Clarity Act Vote
Bitcoin, Ethereum, and XRP ETFs shed roughly $593 million combined Tuesday, their heaviest single-day drawdown since June.
Circle Launches Arc Mainnet With BlackRock, DTCC and Visa as Validators
The Layer 1 network’s validator set is permissioned, and Circle has minted 10 billion ARC tokens without committing to publicly launch them.
AI Pause Would Help Dominant Firms, Not Safety, Think Tank Warns
Cato favors voluntary safeguards, while Block Chairman Jack Dorsey backs independent testing and narrowly justified restrictions.
FCA Guidance Lands Two Weeks Before UK Crypto Authorization Window Opens
Overseas firms serving UK retail customers need authorization too, and nobody trades under the new rules before October 2027.
Morning Minute: Clarity Act Vote Falls Short as Democrats All Vote ‘No’
It should not have come as a surprise given the odds, but crypto majors, alts and memes all sold off anyway in the wake.
Bitcoin Hovers at $76K as Analysts Argue the Fed Matters More Than Clarity Act
With Bitcoin sitting around $76,000, the argument from analysts is that dollar liquidity, not Congress, sets the floor from here.
UK Backs Money Laundering Crackdown With $676M and 500 New Officers
The Home Office names crypto alongside fintech and AI as drivers of a threat the NCA puts at £100 billion a year in the UK.