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View More NewsThe filing expands Grayscale’s growing lineup of crypto-related exchange-traded products outside of Bitcoin and Ether. Read the full article here
Allbridge Core has paused its cross-chain stablecoin protocol after an attacker stole roughly $1.65 million from its Solana liquidity pools, according to security firms CertiK and PeckShield.Allbridge is a bridge that lets users move assets between blockchains that do not communicate directly. Its Core product uses liquidity pools to transfer native stablecoins such as USDC and USDT without issuing wrapped versions of the assets.The attacker used a $1.12 million flash loan from Solana lending protocol Kamino to rapidly swap USDC and USDT, manipulating the pools’ internal ratios before withdrawing assets at favorable rates, according to Onchain Lens. A flash loan…
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Read MorePolitics
NA “Democratic socialists” are a growing movement on the political left. And many of them are also prison abolitionists. But there is a deep contradiction between their socialism and their abolitionism. Socialism requires making numerous economic activities illegal, and those…
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Robin Dembroff’s highly anticipated Oxford University Press book, Real Men on Top: How Patriarchy Shapes Our Reality, hit shelves in May with impressive endorsements. According to the philosopher Jason Stanley,Real Men on Top is a stunning work of philosophy that explains why insights from gender studies are so feared by authoritarian regimes. In plain language, Dembroff illuminates gender as the internal logic of our current fascist moment—how it divides us from each other and enriches the wealthy few.Other philosophers call the book “brilliant,” “rigorous,” and “profound and necessary.” Dembroff’s own website reports that Real Men on Top has been “acclaimed…
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President Bola Ahmed Tinubu of Nigeria has moved to address what his office called the fragmentation of digital asset regulation.The Nigerian president’s special adviser…
Ethereum treasury company Bitmine barely moved the needle on its ETH stack last week, adding just 7,430 ETH—about $14 million—as it steered capital toward…
from the you’re-making-people-less-safe dept We — and plenty of others — have been warning that the global rush to mandate age verification wouldn’t stop…
Shares of bitcoin miners turned AI infrastructure providers surged Monday after Hut 8 (HUT) and IREN (IREN) announced billions of dollars in new contracts,…
Right now, tens of thousands of Americans with end-stage kidney disease spend years waiting for a viable transplant, which are rare and mostly come…
Stablecoin giant Tether’s U.S.-focused digital dollar token USAT (USAT) expanded more than sixfold month-over-month in April, it still lags far behind its rivals.According to…
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said financial privacy is becoming increasingly undervalued in US regulation, warning against treating privacy-preserving technologies…
In brief Anthropic raised $65 billion in a Series H funding round, valuing the AI company at $965 billion. The company said annualized revenue…
from the corruption-kills dept There are two major reasons that the U.S. doesn’t pass an internet-era privacy law or regulate data brokers despite a parade…
California’s onerous and easily exploitable environmental review law is being pushed to new levels of absurdity by unionized state workers who are threatening to…
Crypto trading firm FalconX has confidentially filed a draft S-1 registration statement with the Securities and Exchange Commission (SEC), the initial step toward a…
Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the…
