AI Meets Blockchain: Coinbase’s First AI-to-AI Crypto Deal Marks a Turning Point for the...
Coinbase recently completed its first-ever AI-to-AI crypto transaction, where autonomous Crypto AI Agents traded tokens on the Base network. This milestone highlights the growing intersection of AI and blockchain, paving the way for machine-driven financial systems.
WazirX Hack: $235 Million in Stolen Crypto Funneled Through Tornado Cash as Customers Brace...
In one of 2024's largest crypto heists, WazirX lost $235 million to hackers who laundered the stolen funds through Tornado Cash. As users await compensation, they may recover only 55-57% of their assets amidst the exchange's restructuring efforts.
Galois Capital’s Missteps: SEC Fines Crypto Fund for Custody Rule Breaches
The SEC fined Galois Capital $225,000 for failing to use a qualified custodian for client assets and misleading investors about redemption policies. These breaches, coupled with the FTX collapse, highlight the importance of compliance in the crypto fund management space
From Collapse to Comeback: Mark Karpeles Unveils EllipX, a Transparent Crypto Exchange
Mark Karpeles, the former CEO of Mt. Gox, is making a return with the launch of EllipX, a cryptocurrency exchange focused on transparency and MiCA compliance. This platform marks his attempt to rebuild trust in the crypto space after the infamous Mt. Gox collapse.
Crypto Community Fumes as SEC Targets FTX’s Stablecoin Repayment Plan
The SEC has signaled potential opposition to FTX’s plan to repay creditors using stablecoins, sparking accusations of regulatory overreach from key figures in the crypto industry. Critics argue that the SEC's stance could have broader implications for the future of stablecoins and the digital asset market.
