Author: boss

U.S. military commander flags Bitcoin’s cybersecurity role in Senate hearing

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A senior U.S. military commander has described Bitcoin as a cybersecurity tool with potential use in national defense. Summary A U.S. military commander said Bitcoin can function as a cybersecurity tool, noting its proof-of-work design raises the cost for potential attackers. Lawmakers examined Bitcoin’s role in national security during a Senate hearing focused on Indo-Pacific threats and cyber risks from state-linked actors. At a Senate Armed Services Committee hearing on Tuesday, Samuel Paparo said Bitcoin’s role goes beyond financial use cases and can support security systems tied to U.S. strategic…

Crypto Firms Report Flood of AI-Driven Bug Bounty Submissions

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Crypto protocols have warned that an increase in AI use has led to a flood of bogus bug bounty submissions, putting a strain on teams trying to identify real threats to their protocols.  Bug bounties are a system to reward “good” hackers for submitting reports about potential vulnerabilities and are popular in the crypto industry. AI has now made it easier to sift through large amounts of code to find possible bugs, though AI is also known to hallucinate.  “AI is changing the way that bug bounty programs must operate,”…

Umbra Shuts Front End, Roman Storm Says It’s Not Enough

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Privacy-focused crypto protocol Umbra said it has taken down its front-end website to make it more difficult for hackers who have been using it to move funds from recent “high-profile hacks.” Umbra posted to X on Tuesday that it is aware that around $800,000 worth of stolen funds was moved via its protocol. It added that it made the decision to move the hosted version of its front end into maintenance mode and would restore it “as soon as we are assured that doing so won’t create obstacles to the…

Is Bitcoin Riding the Ceasefire Rally Wave?

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Bitcoin miners dumped a record 40,000 BTC in the first quarter of this year — more than the entirety of 2025 combined and well above the 20,000 BTC sold in the panic following the Terra collapse in mid-2022. That number sits quietly beneath the surface of what otherwise looks like a recovering market. Related Reading Miners Signal Trouble Even As Prices Climb The sell-off came as mining difficulty dropped 2.4% to 135 trillion, while network hashrate climbed back from roughly 978 exahashes per second to 992 EH/s this month, according…

US Law Firm Apologizes For AI Hallucinations in Filing

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Sullivan & Cromwell’s Andrew Dietderich said the company has AI policies to prevent incorrect citations and other errors, but procedures weren’t followed on this occasion. Wall Street law firm Sullivan & Cromwell has apologized to a federal judge after submitting a court filing that contained around 40 incorrect citations and other errors caused by AI hallucinations. “We deeply regret that this has occurred,” Andrew Dietderich, co-head of Sullivan & Cromwell’s global restructuring team, wrote Friday in a letter to Chief Judge Martin Glenn of the US Bankruptcy Court for the…

Dogecoin (DOGE) Needs $0.10 Break Or Faces Fresh Downside Move

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Dogecoin started a recovery wave above the $0.0940 zone against the US Dollar. DOGE is now facing hurdles near $0.0975 and might struggle to continue higher. DOGE price started a recovery wave from $0.0925 and climbed above $0.0940. The price is trading above the $0.0950 level and the 100-hourly simple moving average. There is a rising channel forming with resistance at $0.0970 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.0925. Dogecoin Price Hits Resistance…

XRP Price Bounce Losing Steam, Failure Signals Could Emerge

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ripple Tests RLUSD for Real Trade Settlements in MAS Sandbox

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Ripple’s role in Singapore’s BLOOM: A controlled step toward stablecoin integration Singapore has strengthened its position as a leading hub for tokenized finance through Project BLOOM (Borderless, Liquid, Open, Online, Multi-currency). This collaborative initiative brings together a group of traditional banks, fintech firms and stablecoin providers to evaluate how digital settlement assets can be integrated into existing financial infrastructure. A notable partnership in the pilot involves Ripple and supply chain specialist Unloq. Together, they are exploring automated trade settlements using Ripple’s upcoming stablecoin, RLUSD, on the XRP Ledger. While Ripple’s…

SpaceX and Cursor AI Team up to Build Coding AI, With Option to Buy Startup for $60 Billion – Bitcoin News

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Key Takeaways: SpaceX announced a joint AI coding deal with Cursor AI on April 21, 2026, securing a $60 billion acquisition option. Cursor AI surpassed $1 billion in ARR and serves 67% of Fortune 500 companies, giving SpaceX instant access to elite developer distribution. SpaceX’s Colossus supercomputer, targeting 1 million H100-equivalent GPUs, will train models meant to compete with OpenAI and Anthropic by late 2026. Cursor AI Gives SpaceX Acquisition Option Worth $60 Billion in Compute Partnership The deal pairs Cursor’s AI-native code editor with SpaceX‘s Colossus supercomputer, which is…

Ethereum Price Struggles To Gain Pace, Recovery Remains Fragile

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Ethereum price started a recovery wave above the $2,300 zone. ETH is now consolidating and might struggle to continue higher above the $2,385 resistance. Ethereum started a recovery wave from the $2,250 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a rising channel forming with resistance at $2,365 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,385 zone. Ethereum Price Faces Hurdles Ethereum price remained bid above the $2,250…