Ray Youssef, CEO of peer-to-peer crypto trading platform NoOnes, has revealed that NoOnes has confirmed that it suffered a security bugs earlier this month that resulted in the loss of about $8 million in crypto assets. The disclosure came shortly after crypto detective ZachXBT posted the news on its "Investigations by Zach" Telegram channel. Ray Youssef said the losses were due to the "utilization of the Solana bridge" on January 1.
According to SolanaFloor, the market capitalization and trading volume of Trump-related meme coin $TRUMP has exceeded that of Trump Media Technology Group (DJT) stock.
On January 24th, the exchange rate of the RMB against the US dollar rose sharply, recovering the 7.24 yuan mark during the session. "The sharp rise of the RMB exchange rate is mainly affected by the news." Pang Ming, a special senior researcher at the National Financial and Development Laboratory, said that the market generally hopes that the uncertainty of the external environment will be reduced, which makes the RMB exchange rate supported in sentiment and fundamentals. The key to stabilizing ...
Bank of Japan: After raising interest rates on Friday, monetary policy conditions are likely to remain accommodative.
Matt Hougan, chief investment officer of Bitwise, said in a post that fraud and bad actors in the crypto industry will decrease significantly in the next four years as David Sacks, the AI and cryptocurrency "czar" appointed by Trump, pushes forward with sound regulatory policies. Hougan believes that the previous law enforcement-oriented regulatory approach has instead increased investor risk. Previously, Sacks said that the Digital Asset Working Group will work to develop market structure norms...
Trump responded to Musk's attack on the "Stargate" project: he ignored his criticism and had spoken to Musk and everyone involved in the project.
Trump responded to Musk's attack on the "Stargate" project: he ignored his criticism and had spoken to Musk and everyone involved in the project.
David Solomon, chief executive of Goldman Sachs, when asked if accepting "Trump's potential strategic bitcoin reserve would affect the bank's process of dealing with cryptocurrencies," said: "We have discussed this many times and we have spent a lot of time on the underlying technology. We are leveraging and testing it to reduce friction in the financial system. This is very important. However, from a regulatory perspective, Goldman Sachs still cannot own, dominate or participate in bitcoin, "an...
Trump previously pardoned Silk Road founder Ross Ulbricht, ending his nearly 12-year prison sentence. In 2013, the FBI seized 144,000 bitcoins held by Ulbricht, and the U.S. Marshals Service auctioned them at $334 each in 2014 for a total of about $48 million. At current prices, the bitcoins are worth about $14 billion. Venture capitalist Tim Draper bought about 30,000 bitcoins in the auction. Despite the amnesty, Ulbricht has been unable to recover the assets under the Supreme Court's 1993 lega...
Gerry Connolly, the top Democrat on the House oversight committee, wrote to the committee's Republican chairperson a day after the start of Mr. Trump's new term demanding an investigation into the president's business ties. "The committee must take immediate action to investigate the serious conflicts of interest that Donald Trump has brought into the office of the president," he said in the letter.
Users of decentralized prediction market platform Polymarket are betting that Trump will pardon Sam Bankman-Fried within 100 days of taking office. In November 2023, Bankman-Fried was charged with seven criminal counts, including wire fraud, and later sentenced to nearly 25 years in prison for his role in the collapse of cryptocurrency exchange FTX. On Polymarket, he has a 4% chance of receiving a presidential pardon.
Sam Altman, chief executive of OpenAI, said the US would be able to achieve AGI thanks to President Trump's Stargate artificial intelligence project, which he said would create "hundreds of thousands of jobs". However, Sam Altman has posted on the X platform: "The Twitter hype is out of control again, OpenAI will not deploy AGI next month and has not yet built it, we have some really cool stuff for you, but please calm down and reduce your expectations by 100x."
Sam Altman, chief executive of OpenAI, said the US would be able to achieve AGI thanks to President Trump's Stargate artificial intelligence project, which he said would create "hundreds of thousands of jobs". However, Sam Altman has posted on the X platform: "The Twitter hype is out of control again, OpenAI will not deploy AGI next month and has not yet built it, we have some really cool stuff for you, but please calm down and reduce your expectations by 100x."
On January 22, according to DL coverage, US President Donald Trump appointed Danielle Sassoon, the district that includes Manhattan and parts of southern New York, as interim head of the US Attorney's Office for the Southern District of New York. It is reported that Danielle Sassoon was previously one of the lead prosecutors in the federal government's case against FTX co-founder and former CEO SBF, and was also one of the six US prosecutors in the case against TerraUSD founder DoKwon.
According to Cointelegraph, Coinbase CEO Brian Armstrong said: "It is clear that we need to step up our efforts on Solana, expand our infrastructure, and provide native support for common use cases such as DEX/meme transactions."