Crypto hacks wipe out $2.3B in 2024, marking 40% YoY surge
According to Cyvers, the 40% yearly increase was driven mostly by growing access control vulnerabilities at centralized exchanges and cryptocurrency custodians.
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Peter Schiff wins debate over whether gold is a better store of value than BTC
During the debate, Schiff said that “in reality, Bitcoin and gold have absolutely nothing in common” as gold has value due to its metallic properties while Bitcoin is just a “giant pump and dump. ” 433 Total views 202 Total shares Gold proponent and crypto skeptic Peter Schiff has been crowned the winner of a…

Kraken relaunches crypto trading in Japan as part of APAC expansion
Japanese residents can once again trade BTC, ETH, LTC, XRP, and BCH on Kraken, two years after it pulled out of the country. Major U.S.-based cryptocurrency exchange Kraken has launched funding and crypto trading services in Japan, furthering its expansion into the Asia-Pacific (APAC) region.On Oct. 22, the exchange announced it had launched spot trading…

UK to invest 300M pounds in 2 AI supercomputers; Harris presses for AI safety
The U.K. says the investments will help its local scientific talent have the tools they need to ensure that the most advanced AI models are up to safety standards. 194 Total views 1 Total shares The United Kingdom announced on Nov. 1 after the conclusion of the first day of its global AI Safety Summit

Aggregators Now Drive 20% of Ethereum DEX Volume
Messari estimates that 20% of Ethereum-based DEX volume is driven by DeFi aggregators. 1742 Total views 25 Total shares Crypto market data firm Messari estimates that 20% of all decentralized exchange (DEX) volume on Ethereum is routed via DEX aggregators.In a newsletter, Messari writes that “the 21st century is dominated by aggregators,” adding, “Amazon aggregates…

Aave DAO and Trident launch $100M onchain fixed-yield loan
The collaboration aims to provide a secure, stable investment option, mitigating traditional market volatility and risks for lenders.

Blockchain Association Weighs In on SEC Case Against Kik’s ICO
The Blockchain Association has asked the court, which is considering Kik’s case, to deny the SEC’s motion for summary judgment. 1848 Total views 60 Total shares The United States-based Blockchain Association has filed an amicus curiae brief in support of Canadian messenger Kik amid the firm’s legal battle with the Securities and Exchange Commission.The association…

Bitcoin miner claims judge, prosecutor, targeted firm with noise laws
Bitcoin mining firm NewRays alleges that Judge Allen Dodson, prosecuting attorney Phil Murphy, selectively enforced noise legislation to target its business.

Polish presidential candidate pledges support for strategic Bitcoin reserve
Sławomir Mentzen, a Polish presidential candidate, has vowed to create a Bitcoin reserve if elected in 2025.