Author: boss

Binance Says AI Security Stopped $10B in Fraud in 15 Months

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Crypto exchange Binance says its artificial intelligence-based security tools helped prevent the loss of more than $10 billion worth of user funds from scams and fraud between 2025 to March 2026. Binance said in a blog post on Monday that it had protected more than 5.4 million users from fraud between the first quarter of 2025 and the first quarter of 2026 after rolling out over 24 AI-driven initiatives and more than 100 models. “AI-powered scams and exploits are accelerating,” Binance said. “The barrier to entry for scam perpetrators is…

US Authorities Charge Trio Over $6.5M Crypto Wrench Attacks

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US authorities have unsealed an indictment against three men accused of stealing at least $6.5 million in a “violent robbery spree targeting cryptocurrency owners.” The Justice Department said in a statement Monday that a federal grand jury indicted three men for allegedly planning to kidnap and rob four people around San Francisco and Los Angeles for their crypto. The trio, Elijah Armstrong, Nino Chindavanh and Jayden Rucker, are alleged to have posed as delivery drivers to force their way into residences and use threats of violence to extract crypto seed…

Ethereum Hits 200M Gas Target Ahead Of Glamsterdam Upgrade

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The Ethereum Foundation has reached several progress milestones on the next Ethereum upgrade called “Glamsterdam” and has named three new leads for its Protocol team. The Ethereum Foundation said in a blog post on Monday that it had achieved a “credible post-Glamsterdam target,” establishing a 200 million gas limit floor, giving the network a major post-upgrade speed boost from its current gas limit of around 60 million. “The immediate focus is shipping Glamsterdam,” the Ethereum Foundation said, which had originally scheduled the upgrade for June, but is now likely to…

Crypto Funds Extend 6-Week Streak On CLARITY Act Progress

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Global crypto funds have extended their positive streak into a sixth straight week amid growing rally conviction and a boost from improving sentiment around the CLARITY Act ahead of its long‑delayed Senate Banking markup. Related Reading Bitcoin Leads Crypto Funds $858M Inflows Global crypto investment products have extended their positive streak for the sixth consecutive week after posting $857.9 million in inflows over the past week. The funds saw a significant surge from the modest $117 million recorded on the week that ended on April 24. As Bitcoin surged to…

Shiba Inu Bullish Momentum Explodes As Buying Pressure Intensifies

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Trader sentiment in Shiba Inu derivatives market has done a complete 180 over the past week. Net positions — which sat at around -200 million just days ago, reflecting a market tilted toward short bets — have swung to more than +400 million in net longs as of May 11. That kind of shift in a short window is not common. From Short To Long: A Full Reversal The turnaround began around May 6, when net positions started climbing out of negative territory. By May 9, the indicator had crossed…

Bitcoin Ordinals hit new setback as Ord.io and Zap wind down

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Bitcoin Ordinals explorer Ord.io will shut down on June 1, marking a fresh setback for the Bitcoin inscription market.  Summary Ord.io will shut down on June 1 after its creators said funding had run out. Zap users were told to export private keys to keep access to their assets. The closures come as Bitcoin Ordinals and Runes activity remains far below earlier highs. The platform launched in 2023 and served more than 1 million users, according to the project’s public statement. Creator Leonidas King said the team could no longer…

Google Finds First AI-Developed Zero-Day Exploit

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Google’s Threat Intelligence Group says it identified what it believes is the first-ever case of hackers using artificial intelligence to develop a zero-day exploit. The group said in a Tuesday blog post that it had “observed prominent cyber crime threat actors partnering to plan a mass vulnerability exploitation operation,” using a zero-day vulnerability allowing them to bypass the two-factor authentication of an unnamed “popular open-source, web-based system administration tool.” The exploit required valid user credentials first, but bypassed the second authentication factor, which is often also used to secure crypto…

Bitmine Slows Ether Buy, Targets 5% ETH Supply by December

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Ether treasury company Bitmine Immersion Technologies has slowed the pace of its Ether purchases after previously increasing its buying rate and acquiring more than 100,000 tokens over the last three weeks. Bitmine said on Monday that it purchased 26,659 ETH over the last week, down from the over 100,000 tokens a week it was previously maintaining, but that it was still on track for its goal to buy 5% of the token’s 120.7 million circulating supply by the end of the year.  “We have decided to slow down our pace…

Dogecoin (DOGE) Slows Near $0.1120, Bulls Face Crucial Test

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Dogecoin started a fresh increase from the $0.1050 zone against the US Dollar. DOGE is now facing hurdles near $0.1120 and might aim for a larger rally. DOGE price started a decent upward move above $0.1080 and $0.1085. The price is trading above the $0.1090 level and the 100-hourly simple moving average. There is a key contracting triangle forming with support at $0.1090 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.1080. Dogecoin Price Faces…

Bitcoin Miner Cleanspark Posts $378M Loss in Q2

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Key Takeaways Cleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings. A $224.1M non-cash Bitcoin fair value loss pushed Cleanspark’s net loss to $378.3M for the March 2026 quarter. CEO Matt Schultz targets AI/HPC commercialization as Cleanspark doubled MW under contract with 585 MW of ERCOT capacity. Cleanspark Posts $378M Loss in Q2 as Bitcoin Fair Value Swing Hits Results Cleanspark’s (Nasdaq: CLSK) Revenue for the quarter came in at $136.4 million, down $45.3 million, or 24.9%, from $181.7 million in the same…