Bitcoin miner Canaan attributes wider losses to lower BTC prices and a $25 million inventory write-down despite increased hashrate capacity. Bitcoin mining firm Canaan posted an $88.7 million net loss in the first quarter, driven by declining Bitcoin prices and a $25 milli
In brief - Companies running bug bounty programs report a sharp increase in low-quality AI-generated submissions. - HackerOne and Nextcloud both suspended bug bounty programs after waves of fake reports. - Security firms say AI tools are changing bug hunting by making it easier...</strong
ICYMI : Asia & EMEA news recap from James Hunt at The Block 👇 🪙 SEC eyes tokenized securities framework A new proposal could reshape how U.S. equities operate onchain. 🔗 Link 🦹 Echo exploit hits BTCFi Attackers minted fake collateral and borrowed WBTC on Monad. 🔗 Link ✍️... <
The stablecoin issuer broadens trademark applications to include its name, logo, and gold-backed token ahead of deeper market entry. Tether has filed seven trademark applications in South Korea, covering its company name, logo, and Tether Gold (XAUT). The move marks a shif
The broader crypto market downturn has weighed heavily on major digital assets. However, Solana (SOL) has emerged as one of the steepest losers among the top 10 cryptocurrencies by market capitalization Over the past week, SOL has declined roughly 12%, underperformi
Britain’s FCA and Bank of England aim to modernize capital markets using blockchain-based tokenization to cut costs and boost resilience. UK financial regulators unveiled a joint strategy to advance tokenized wholesale markets, targeting lower costs and improved infrastruc
Quick Read - XRP is trading at $1.38 and Solana at $84 today. For XRP to outperform SOL in percentage terms by year-end, it needs to gain more than the 78% move Solana requires to hit $150, meaning XRP must reach at least $2.46 from today’s price. - ChatGPT puts XRP at $3-
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Monday’s $648.64 million exit from spot Bitcoin ETFs marks the second straight session of heavy selling pressure amid macro uncertainty. Spot Bitcoin ETFs recorded $648.64 million in net outflows on Monday, extending last week’s $1 billion exit. BlackRock’s IBIT led the se
Spot Bitcoin ETFs are taking a beating, shedding another $648.64 million on Monday following last week’s $1 billion outflows, according to SoSoValue. BlackRock’s IBIT led Monday’s outflows with $448 million It was followed by ARK Invest and 21Shares’ $110 million an