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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Uphold will hand over more than $5 million to customers it helped deceive — a payout that amounts to over five times what the company actually earned from the deal. A Settlement With Real Teeth New York Attorney General Letitia James announced the settlement this week, closing the book on Uphold’s role in promoting CredEarn, a crypto savings product run by Cred, LLC and its CEO Daniel Schatt. From January 2019 through October 2020, Uphold pushed CredEarn to users through its platform and mobile app, billing it…
The AI mining platform SHRMiner recently made a prominent appearance on the digital giant screen at Piccadilly Circus in London, bringing AI cloud mining, Bitcoin cloud mining, automated crypto mining, and Web3 yield tools into the public spotlight. As more users seek simpler ways to participate in crypto mining, cloud mining is emerging as a vital gateway within the digital asset industry. Unlike traditional mining, users can now explore and engage in Bitcoin cloud mining services via online platforms without the need to purchase mining rigs, configure hardware, or incur complex maintenance costs. According to SHRMiner, the platform is headquartered…
When Rayls opened its public mainnet on April 30, 2026, it did so with a roster that most blockchain projects spend years assembling. The Layer 1 chain, built by Parfin (core developer of Ralys), went live recently, and was preceded by Tether made a strategic investment in Parfin, the core developer of Rayls. That backing sits alongside Rayls’ inclusion in Mastercard’s Crypto Partner Program, a J.P. Morgan Kinexys deployment and a $1 billion partnership agreement with AmFi – all secured within the 18 months preceding launch. The institutional momentum behind the chain reflects a broader shift in how large financial…
The cryptocurrency industry has evolved into a fast-paced, data-driven environment where information is both abundant and time-sensitive. From tracking token performance to analyzing blockchain trends and discovering new platforms, users must process large volumes of data quickly and accurately. Artificial intelligence is playing a crucial role in simplifying these tasks. By automating research, summarizing insights, and assisting with decision-making, AI is becoming an essential tool for crypto enthusiasts, investors, and developers alike. However, as with many tech-driven industries, the growing number of AI tools has introduced a new challenge—fragmentation. The Problem: Too Many Tools, Not Enough Efficiency Crypto users often…
Artificial intelligence (AI) tools now exploit smart contracts roughly twice as effectively as they detect vulnerabilities, according to Binance Research. AI has become a central talking point in the conversation around crypto hacks. Many analysts are increasingly suspecting that attackers are leveraging these tools to pull off DeFi exploits. Why the AI Offense-Defense Gap Is Widening In a recent report, Binance Research noted that GPT-5.3-Codex hits a 72.2% success rate in “exploit” mode on the EVMbench. Meanwhile, its success rate in “detect” mode is roughly half that. “Whether we welcome it or not, AI is currently 2x better at exploitation…
The number that’s been circulating across crypto media — $831 billion — is not a stablecoin market cap. It is not total supply. It is the amount of stablecoins that were actually transferred on-chain over the past 30 days. That distinction matters enormously, because the story it tells is almost the opposite of what a declining figure usually implies.According to data from RWA.xyz as of April 28, 30-day stablecoin transfer volume dropped 19.18% to $8.31 trillion — meaning $831 billion was the rounded figure being widely cited, while the full measure is $8.31 trillion in circulation activity. Think of transfer…
Bitcoin reclaims $76,000 despite U.S. spot ETFs posting a third consecutive day of outflows.Crypto markets staged a modest intraday recovery on Thursday as traders digested a Big Tech earnings night that delivered roughly $650 billion in combined 2026 AI capex commitments and the most contested FOMC vote since 1992. Bitcoin is changing hands at $76,420, up 1.2% on the day but still down 1.8% on the week, according to CoinGecko. Ether sits at $2,263, up 1.3% over 24 hours and off 2% on the week. Total crypto market capitalization is back above $2.63 trillion, up 1.1% on the day.Among the…
In brief Elon Musk said xAI partly used OpenAI models to train Grok, according to a TechCrunch report. The method, known as distillation, allows companies to replicate model behavior at lower cost. The disclosure came during Musk’s lawsuit against OpenAI over its shift to a for-profit model. Elon Musk said his artificial intelligence company xAI partly used OpenAI models while training its Grok chatbot, according to a report by TechCrunch.The admission is a rare public acknowledgment by a major AI developer of a practice under growing scrutiny. It comes as Musk’s case against OpenAI moves forward in federal court, where…
Strike CEO Jack Mallers announced a series of product updates and strategic moves Wednesday, including the launch of lending proof-of-reserves, a new “volatility-proof” bitcoin-backed loan structure built with Tether, and a $2.1 billion credit facility. He also said he supports a proposal by Tether Investments to merge Strike with Twenty-One Capital and bitcoin miner Elektron Energy. Mallers said Strike’s bitcoin-backed loan and line-of-credit business has grown since launch, with users drawn to the ability to borrow against bitcoin rather than sell it. He described bitcoin as a savings account for many customers and said Strike cut its rate tiers across…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Bitcoin spot volume has observed a notable decline, something that could make the market more sensitive to flow shifts. Bitcoin Spot Volume Has Gone Through A Decline Recently As highlighted by on-chain analytics firm Glassnode in an X post, the Bitcoin Spot Volume has declined to multi-year lows. The “Spot Volume” here refers to an indicator that measures, as its name suggests, the total amount of the cryptocurrency (in USD) that’s becoming involved in trading activity on the various centralized spot exchanges. When…
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