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Bitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart

Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, and futures traders are scrambling to adjust their positions.

Palantir surges 11% after deal to sell AI to US defense, intel agencies

Palantir shares closed higher as the intelligence company announced a deal with Microsoft to sell AI services to the US intelligence community.

Debate rages over Bitcoin power law as critics label it a ‘magic trick’

The Bitcoin power law has come under intense debate, with critics on one side and fierce advocates on the other.

Chinese boomers joining crypto tapper cults, WazirX fallout worsens: Asia Express

China’s elderly are joining crypto tapper cults, WazirX faces fraud probe and asset freeze, Do Kwon’s flight home delayed again: Asia Express

‘Dark Skippy’ method can steal Bitcoin hardware wallet keys

Malicious firmware can embed secret data into a public Bitcoin transaction, which the attacker can then use to extract a person’s seed words.

Industry execs discussed crypto policy with White House officials: Report

Representatives from Coinbase, Kraken, Ripple and Circle reportedly attended a video call with US policymakers to discuss their approach to crypto regulation.

OpenAI claims GPT-4o poses ‘medium risk’ of political persuasion

On the bright side, the company says there’s little risk it’ll become sentient and begin updating itself.

Researchers identify key circuit layer vulnerabilities in SNARK systems

A study by Imperial College London examined 141 vulnerabilities in SNARK systems, mostly impacting system soundness and completeness.

1Password patches flaw in Mac version that could have created attack vector

The flaw consisted of missing interprocess validations, which could have allowed an attacker to hijack the 1Password browser extension or command line interface.

Customers Bank to strengthen AML compliance after Fed scrutiny

The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined.

Bitrace warns of new crypto scam using QR codes

The scam starts with a small payment of USDT to the user.

Russia legalizes Bitcoin and cryptocurrency mining

Russia explores other forms of international trade settlement following US sanctions blocking it from the SWIFT interbank messaging system.

CFTC announces $1M award for crypto whistleblower

The notice came the same day a judge approved a $12.7 billion settlement between defunct crypto exchange FTX, Alameda Research and the US Commodity Futures Trading Commission.

Why is Ethereum losing market share to Bitcoin?

Ethereum’s underperformance against Bitcoin is largely due to competition from Solana and the weaker-than-anticipated debut of its spot ETFs.

X halts ads for Premium+ users as Musk lawsuit challenges First Amendment

Musk may finally be acknowledging the sun has set on X’s ad sales, but he isn’t going quietly into that good night.

Miner profitability falls to record lows — Blocksbridge

Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues.

Coinbase to expand use of Vaults for secure crypto custody — Executive

Coinbase currently holds approximately $270 million in customer assets.

Montenegrin court delays Do Kwon’s extradition to South Korea

The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States.

Amazon faces UK merger probe over $4B Anthropic AI investment

Microsoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition.

AI hits ‘trough of disillusionment’ but AI bubble not over yet despite correction: AI Eye

AI revenue and abilities haven’t lived up to the hype — but Wall Street and Big Tech have plenty of good reasons to stay ‘all in.’

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