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View More NewsIn brief Bitcoin Depot disclosed that hackers stole 50.9 BTC worth $3.665 million from company wallets in a March 23 breach. Attackers gained access to IT systems and obtained digital asset settlement account credentials. Customer platforms and data were not affected, according to the company. Bitcoin ATM operator Bitcoin Depot Inc. disclosed in an SEC filing Wednesday that hackers stole approximately 50.9 BTC valued at $3.665 million from company-controlled wallets in a March 23 security breach.The attackers gained access to the company’s IT systems and obtained credentials for digital asset settlement accounts, enabling them to transfer the cryptocurrency without authorization.Following…
In brief A group of accounts made more than $600,000 on Polymarket on trades related to the U.S./Iran ceasefire. The accounts belong to a cluster identified by on-chain analytics firm Bubblemaps, which has previously profited on contracts related to military operations. Prediction markets have come under scrutiny this year thanks to allegations of insider trading on the platforms. A group of suspected insiders scored big on Polymarket on Tuesday, profiting more than $600,000 in combined trading contracts related to the U.S. and Iran ceasefire, according to on-chain analytics firm Bubblemaps. Accounts belonging to the cluster, a trio of which were active…
AI & Crypto
Read MorePolitics
“Tax the rich!” shout progressives. Why not? America’s richest people are ridiculously rich. “Five bucks to you is like $6 million to billionaire Jeff Bezos!” shrieks Sen. Elizabeth Warren (D–Mass.). Taking more from billionaires and millionaires just seems fair. That’s…
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Opinions & Debates
This week, we’re going to be talking about Israel—which is sometimes a subject I try to avoid—not because I don’t have opinions about the topic. I do. But because it’s one of those subjects on which debate and discussion often seems both divisive and futile.As some of you know, in a previous life, I was an opinion writer and reporter for the National Post newspaper here in Canada. I often travelled to Israel and wrote about that country, typically from what most would call a Zionist perspective.But for all the dozen of articles I wrote on the subject, I’m not…
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In brief A fund debuted on the New York Stock Exchange that maintains exposure to Bitcoin only when the exchange is closed. The fund’s…
Iran will collect crypto payments as transit fees from oil tankers passing through the Strait of Hormuz during the two‑week ceasefire with the U.S.,…
South Korea’s financial regulator said it will tighten the exception rules under crypto exchanges’ withdrawal-delay system after finding that scam-linked accounts granted exemptions accounted…
In brief White House economists calculated that prohibiting stablecoin yield would increase bank lending by only 0.02%, or $2.1 billion. The Council of Economic…
The US Securities and Exchange Commission’s former top enforcement official reportedly clashed with the regulator’s top brass before resigning last week, with part of…
I WANT FREE MINDS AND FREE MARKETS! Help Reason push back with more of the fact-based reporting we do best. Your support means more…
Bitcoin’s mining concentration problem just showed up on the blockchain itself, triggering a small “reorg.”At the center of the story is Foundry USA, the…
TRON DAO has scaled up its artificial intelligence fund by a factor of ten, from $100 million to $1 billion, targeting investments in and…
In brief Balancer Labs is winding down after a $128 million exploit left the company facing legal exposure and no sustainable revenue. The protocol…
Although drivers stuck in I-95’s infamous traffic might not know it, Virginia actually has the best highways in the country. That’s according to the…
Monday’s ceasefire trade lasted about 18 hours.Bitcoin climbed 3.1% to $70,352 on Tuesday morning, recovering from the weekend’s slide below $68,000, with ether (ETH),…
Shares in NovaBay Pharmaceuticals jumped nearly 19% after the company announced it would change its name to Stablecoin Development Corporation as part of its…
