Author: boss

AI-Assisted Attackers Target Hidden DeFi Code

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Unverified smart contracts were linked to at least $36.7 million in losses across four DeFi exploits over the past six months, as attackers increasingly target protocols whose source code is not publicly available, according to Chainalysis. The largest incident involved Truebit, which lost $26.2 million after an attacker exploited an integer overflow vulnerability in a contract that had remained unverified on Ethereum since 2021. The other incidents involved Trusted Volumes, Aperture Finance and Ekubo, according to the report. In each case, the exploited contract had not been verified on a…

Merck, Hashgraph Expand Hedera Platform for EU Product Passports

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The Hashgraph Group and Merck have integrated the German tech maker’s product authentication technology with TrackTrace, a Hedera-based digital product passport platform introduced in February, as businesses seek to comply with new European Union supply-chain transparency and traceability requirements. Under the arrangement, Merck’s M-Trust technology embeds security markers into products and packaging that can be verified with a handheld scanner. Authentication data is then recorded on The Hashgraph Group’s TrackTrace platform, creating a digital record linked to a product’s Digital Product Passport. The companies said the integration combines physical product…

Kraken Joins FIFA World Cup 2026 as Crypto Exchange Sponsor

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Kraken has been named the official crypto exchange supporter of the FIFA World Cup 2026, giving the crypto exchange a presence at one of the world’s largest sporting events. The company said Tuesday that the partnership will include fan activations and product experiences throughout the tournament. The 2026 World Cup is expected to be the largest in FIFA history, with an expanded field of 48 teams and 104 matches across 16 host cities in the United States, Mexico and Canada. FIFA projects the competition will attract a cumulative global audience…

Crypto Groups Push Senate on CLARITY Act Vote

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More than 200 crypto companies and organizations have urged the US Senate to pass the CLARITY Act, amid concerns that continued stalling could see it miss an important legislative window. In a letter on Monday shared by crypto lobby group Stand With Crypto, the group called on Senate Majority Leader John Thune and Minority Leader Chuck Schumer “to bring the Clarity Act to the Senate floor without delay.” It said the Senate Banking Committee’s vote last month to pass the bill took “months of serious, bipartisan work” and the Senate…

Autonomous AI Agents Pose Crypto Financial Risks

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Artificial intelligence agents that have autonomous access to crypto wallets could become unstoppable if deployed maliciously or if they escape from sandboxes, experts from a leading academic research consortium warned. “Unstoppable Autonomous Agents” (UAAs) pose a clear threat if they are deployed to persist automatically and have access to digital assets, according to a June 8 industry review written by 25 academics and experts from top US universities for the Initiative for Cryptocurrencies and Contracts (IC3). “When combined systematically, crypto tools can channel AI’s fluid power into secure, reliable, and…

Circle launches cirBTC on Ethereum with 1:1 Bitcoin backing

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Circle has launched cirBTC on Ethereum, introducing a wrapped Bitcoin token backed 1:1 by BTC and supported by onchain reserve verification through Chainlink Proof of Reserve. Summary Circle has launched cirBTC on Ethereum, offering a wrapped Bitcoin token backed 1:1 by BTC held in regulated custody. Chainlink Proof of Reserve has been integrated to provide onchain verification of cirBTC reserves and custody holdings. Circle said cirBTC will work with Circle Mint and is expected to expand to additional blockchains through Arc. According to Circle, cirBTC is now live on Ethereum…

Bitcoin Futures Reset As Buyers Step In Near $59K

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Bitcoin (BTC) rallied toward $64,000 on Monday, but futures market activity was lagging, which may be a sign that the rebound could lose momentum. Traders placed nearly $162 million in buy orders between $57,000 and $59,000, forming one of the largest visible liquidity clusters below the current pricing, potentially setting the stage for BTC’s next move.  Bitcoin rebound follows a leverage reset Bitcoin’s recovery coincided with a decline in futures market activity. Futures data shows that the aggregated open interest fell to 255,000 BTC from 282,000 BTC during the selloff…

Bitmine Buys Ethereum Dip As Tom Lee Dismisses Market Selloff

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Bitmine, the world’s largest Ethereum treasury, has ramped up its ETH buying during the latest crypto market correction, making the company’s largest purchase of 2026 to date. Related Reading Bitmine Doubles Down On Ethereum On Monday, Bitmine Immersion Technologies announced it had bought over 126,971 ETH, worth roughly $214 million, during last week’s dip, marking the treasury’s largest purchase so far this year. Now, Bitmine’s crypto and cash holdings sit at $9.6 billion at current prices, comprised of 5,543,872 ETH at $1,630 per ETH, 204 Bitcoin (BTC), a $180 million…

Google Unveils a Clever Trick to Safeguard You From AI-Driven Phone Scams – Bitcoin News

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Key Takeaways Google launched Phone by Google on Pixel, using device handshakes to flag spoofed calls. FBI cited $893M in AI scam losses, raising pressure on carriers and regulators. Google plans broader RCS rollout; Android 12+ devices could gain verification next. Scammers no longer need your phone to sound like you; AI can fake the number and the voice, too. Google is countering that with a Pixel-first update to its Phone app that quietly pings the other device to prove a call is real, then warns you when it is…

Bitcoin crash fails to scare institutions, Coinbase strategist says

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Bitcoin’s fall toward $60,000 has not caused a broad retreat among large investors, according to Coinbase Institutional strategy head John D’Agostino.  Summary Family offices and sovereign funds are buying Bitcoin at lower prices instead of reducing exposure. D’Agostino says major institutional holders do not appear dangerously leveraged or close to forced liquidation. Strategy added 1,550 Bitcoin while ETF exposure remained near $100 billion despite the market decline. He said family offices, governments, and sovereign wealth funds continue treating lower prices as an entry point. According to crypto.news market data, Bitcoin…