Polymarket confirmed on Thursday that hackers stole funds from users after a third-party vendor was compromised, allowing malicious code to be injected into the prediction market’s website. Blockchain monitoring firm PeckShield estimated the losses at …
Crypto firms have spent years trying to convince banks that they’re safe to do business with. Even now, with far more regulation in place than a few years ago, plenty of those firms still get turned away at the door. Jelizaveta Paskovskaja, Money Laund…
Polymarket, the largest prediction market exchange, has more than $345 million in trading volume stuck in limbo over a question of semantics. Traders bet on whether the United States and Iran would sign a permanent peace deal. Both countries announced …
The natural diamond industry has a problem it cannot see with the naked eye. Lab-grown stones are now virtually identical to mined gems, they cost a fraction of the price, and the broader tech landscape of 2025 has only accelerated their rise. De Beers…
Coinbase has launched an AI agent that can execute crypto trades and pay for premium research data on behalf of users. The agent integrates with a user’s main Coinbase account or can operate in a separate sandbox. It trades spot crypto and derivatives …
Modern derivatives and digital asset markets operate under a persistent drag of operational friction. A recent Nasdaq survey reveals that 70% of global firms experience settlement failures on a daily basis. This structural inefficiency forces instituti…
The two hacks came a little over two weeks apart. On 1 April, attackers drained roughly $285 million from Drift Protocol, a Solana-based derivatives exchange, after spending months posing as a quantitative trading firm to trick employees into authori…
JPMorgan Chase filed paperwork on Tuesday for its second tokenized money market fund, four months after becoming the largest global systemically important bank to put a fund on the Ethereum blockchain. The JPMorgan OnChain Liquidity-Token Money Marke…
Coinbase cut 700 jobs on Monday. It reported a 394 million dollar quarterly loss on Thursday. On Friday, a data centre overheated in Virginia and the exchange went dark for seven hours. The company that told its remaining engineers that AI could do w…
The race to transition online security protocols to ones that can’t be cracked by a quantum computer is already on. The algorithms that are commonly used today to protect data online—RSA and elliptic curve cryptography—are uncrackable by supercomputer…