AI
Bybit says AI helped it save $700 million a year after massive losses
The cryptocurrency exchange reported significant cost savings driven by artificial intelligence following a year of substantial financial losses.
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#CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The latest news, analysis and stories about CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data — TECC.UZ.
167 articles
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TikTok Code Reveals Peer-to-Peer Payments via Messaging, Bloomberg Reports
According to Bloomberg, TikTok's code includes features for peer-to-peer payments directly through the app's messaging system.
AI
OpenAI trails Anthropic as losses deepen and Altman pauses frontier AI training
OpenAI faces increasing pressure as financial losses mount, competition from Anthropic intensifies, and Sam Altman pauses frontier AI training.
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Bitcoin holds firm above $64,000 as South Korea's Kospi sinks 5.8%
The cryptocurrency market shows resilience as South Korea's major stock index experiences a sharp decline.
Cyber
Maya Protocol Exploit Drains Bitcoin and Other Assets
A security vulnerability in Maya Protocol has led to a major exploit, draining Bitcoin and other assets and dropping pool value by $11 million.
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U.S. Accounting-Standards Group Proposes Way to See Stablecoins as 'Cash Equivalent'
A U.S. accounting standards group has proposed a new approach to recognizing stablecoins as cash equivalents in financial reporting.
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Kraken adds U.S. stocks in Europe as TradFi-crypto divide blurs
Cryptocurrency exchange Kraken is rolling out U.S. stock trading in Europe, further bridging the gap between traditional finance and digital assets.
AI
Bitcoin miners' AI pivot pays off, but mining could revive with one twist
Bitcoin mining companies are reaping rewards by pivoting to artificial intelligence, yet traditional mining could stage a comeback under the right conditions.
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Citi plans to launch bitcoin custody for institutional clients later this year
Financial giant Citi is planning to launch a dedicated bitcoin custody service for institutional clients before the end of the year.
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Ethereum’s next upgrade breaks the '21,000 gas' rule wallets rely on
The upcoming Ethereum upgrade is set to alter a long-standing rule that digital wallets and applications have depended on.
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South Korea joins more than 30 jurisdictions restricting Polymarket access
South Korean authorities have joined a growing list of jurisdictions restricting access to the popular prediction market platform Polymarket.
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Bitcoin Pauses at $64,000 as Rising Yields and Oil Drag Equities Lower
Bitcoin is holding steady near $64,000 while broader equities slide due to rising bond yields and oil market pressures.
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Bitcoin climbs above $64,000 while most majors slip
The cryptocurrency market shows a mixed trend as Bitcoin manages to surpass the $64,000 mark while the majority of major altcoins experience a decline.
AI
Kraken Parent Payward Joins Anthropic’s Project Glasswing for AI Security Push
Payward, the parent company of crypto exchange Kraken, has partnered with Anthropic to enhance artificial intelligence security standards.
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BitMart Founder Dismisses Audit Calls Amid Blocked Funds and Unpaid Wages
BitMart founder rejects calls for an audit as users report blocked funds and employees face unpaid wages.
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U.S. Treasury Department Proposes GENIUS Act Stablecoin Rule
The U.S. Treasury Department has introduced a new stablecoin regulatory framework under the GENIUS Act to oversee the digital assets market.
Cyber
A long-standing bug in Coldcard code leads to $100 million in stolen funds
An undetected software bug in Coldcard hardware wallets has resulted in over $100 million in hacked funds after remaining hidden for years.
Cyber
The Coldcard hack proves reputation is not a security model
The recent security incident involving the Coldcard wallet highlights why reputation alone is never enough to guarantee absolute safety in crypto.
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Ethereum's next big upgrade features 66 proposals including major privacy fix
Ethereum is preparing for its next major network upgrade with 66 proposals on the table, featuring a crucial privacy improvement.
Cyber
Israel’s Largest Crypto Broker Bits of Gold Suffers Data Breach Affecting 200,000 Customers
Bits of Gold, Israel's leading crypto broker, has experienced a data breach impacting over 200,000 customers.
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Bitcoin tracks equity bounce, but $390 million ETF outflow week keeps bulls on back foot
The cryptocurrency market is following positive momentum in traditional equities, yet a weekly $390 million outflow from ETFs is keeping bullish sentiment under pressure.
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Binance Handed User Data to Russia Leading to Ukrainian Donor's Arrest
Cryptocurrency exchange Binance shared user data with Russian authorities, resulting in the arrest of a Ukrainian donor.
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Bitcoin Crosses $64,000 During Asian Morning Hours
The cryptocurrency market sees renewed momentum as Bitcoin tops $64,000 and altcoins register solid weekly gains.