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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A combined 130 million people in Bolivia and the Philippines now have access to Western Union’s new digital dollar, USDPT — a US dollar-backed stablecoin running on the Solana blockchain. A Big Name Makes Its Blockchain Debut Western Union, which moves money for more than 150 million customers across more than 190 countries, has made its first move into blockchain-based payments. The company launched USDPT on Monday, marking a significant shift for one of the world’s oldest and largest money transfer networks. Plans are already in place…

In brief Anthropic says its AI has uncovered tens of thousands of software vulnerabilities. CEO Dario Amodei warned there is a 6 to 12-month window to fix them. Critics say the risks may be overstated even as security concerns grow. A discussion between Anthropic CEO Dario Amodei and JPMorgan Chase CEO Jamie Dimon on Tuesday focused on the growing cybersecurity threat posed by artificial intelligence as it identifies vulnerabilities faster than organizations can fix them.In the nearly two-hour event tied to Anthropic’s push into financial services, where it unveiled AI agents for tasks like pitchbooks, earnings review, and compliance work,…

A former bank manager is facing federal charges for her alleged role in a mail theft scheme involving two U.S. postal carriers and a convicted felon. The U.S. Department of Justice (DOJ) says that when Tonya Bailey was employed as an assistant manager at a Georgia bank she allegedly helped open a fraudulent account to deposit a $4.9 million U.S. Treasury check that was stolen from the mail. The DOJ says that the stolen check is part of a larger scheme and allegedly involved Georgia-based U.S. Postal Service carriers Shanda Goode and Carnisha Hamilton. Goode and Hamilton are accused of…

In brief CME Group plans to launch Bitcoin volatility futures on June 1. The products will let traders bet on how much Bitcoin will swing—not its direction or price. The contracts will track CME’s Bitcoin Volatility Index (BVX). CME, the world’s top derivatives marketplace, announced plans Tuesday to launch Bitcoin volatility futures that will soon allow traders to bet on the intensity of the cryptocurrency’s price swings.The derivatives would allow Bitcoin traders to hedge against fluctuations in the asset’s ever-changing price, without betting on the price of Bitcoin itself. The product will debut on June 1, CME said, pending regulatory…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is holding above $80,000 as the market tests key resistance and participants debate whether the recovery from the March lows has the foundation for a sustained move higher. The price has recovered 17.5% over the past month — a meaningful move that has shifted sentiment from fearful to cautiously optimistic. But top analyst Carmelo Aleman has published a whale behavior study that looks beneath the price action and finds a signal worth understanding before drawing conclusions about the quality of the recovery. The analysis tracks two…

In brief Kelp says LayerZero approved the setup tied to a $292 million exploit, which LayerZero disputes. The protocol is redesigning its cross-chain system after the hack. A U.S. court fight over $71 million in frozen funds could shape DeFi recovery rules. KelpDAO is blaming LayerZero for a $292 million exploit and plans to relaunch with a redesigned cross-chain system on Chainlink, the group announced on X on Tuesday.“From the April 18 incident, it is clear that LayerZero’s own infrastructure was exploited, resulting in $300M in losses across DeFi,” Kelp DAO wrote on X. “Independent reports from SEAL 911, Chainalysis,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin may be the largest cryptocurrency asset in the space, but Ethereum, on the other hand, continues to control a large share of the market. In recent market activity, the Ethereum network is starting to surpass the Bitcoin network in terms of capital value movement on-chain. Capital Flowing Through Ethereum Than Bitcoin As the crypto market adjusts, flipping from bearish to bullish, a bold claim around Ethereum and Bitcoin is stirring a debate across the community. Nomad, a market expert and investor, has announced on the X…

In brief Kelp says LayerZero approved the setup tied to a $292 million exploit, which LayerZero disputes. The protocol is redesigning its cross-chain system after the hack. A U.S. court fight over $71 million in frozen funds could shape DeFi recovery rules. KelpDAO is blaming LayerZero for a $292 million exploit and plans to relaunch with a redesigned cross-chain system on Chainlink, the group announced on X on Tuesday.“From the April 18 incident, it is clear that LayerZero’s own infrastructure was exploited, resulting in $300M in losses across DeFi,” Kelp DAO wrote on X. “Independent reports from SEAL 911, Chainalysis,…

In brief TikTok account IABatida turned “O Sapo não lava o pé,” a classic Brazilian nursery rhyme, into a smoky 1950s blues number performed by AI-generated frogs. The channel has 326,000 followers and 6.7 million likes, with its Baby Shark 50’s remix alone pulling in 1.6 million likes. The format slots cleanly into the AI-native meme lineage that runs from “Make It More” through Studio Ghibli filters to Italian brainrot. “O Sapo não lava o pé” (the frog doesn’t wash its feet) is the kind of song every Brazilian child learns before they can read. It’s about a frog who…

A pawn shop chain has agreed to shell out millions of dollars to settle a class action lawsuit over a data breach that exposed customers’ sensitive information. According to the settlement administrator’s portal, Pawn America, which owns and operates pawn stores in Minnesota and Wisconsin, has agreed to pay $3.185 million to settle the lawsuit that was filed after hackers gained access to its network. On or around September 28th, 2021, the network of the company and its affiliates experienced a ransomware attack that was discovered by Pawn America on October 3rd 2021, according to the settlement. The company started…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Before its recent rebound, the downturn in Bitcoin’s price was attributed to several factors that significantly hampered its performance. However, one of these factors stood out the most during the downtrend, and that was heightened selling pressure in the market. Bitcoin Was Hampered By Selling Pressure During the Bitcoin downside performance, speculations about the factors fueling this negative move swell across the community. However, CW, a market expert and verified author at the CryptoQuant platform, has shed light on the matter, attributing it to waning investors’ sentiment…

Banking giant JPMorgan Chase says it is keeping an eye on two stock sectors that it believes will keep pushing the S&P 500 to new record levels. In a recent episode of the bank’s Making Sense podcast, JPMorgan head of global market intelligence Andrew Tyler says he continues to be bullish on the stock market as both the macro and micro economic picture holds up amid the geopolitical tensions in the Middle East. Specifically, he believes tech and financials will keep powering the market moving forward. “So, I think from here, you really need to look towards the technology sector…

For decades, the Depository Trust & Clearing Corporation (DTCC) has operated as the financial system’s invisible backbone — the institution that processes virtually every securities trade in the United States, sitting between buyer and seller in near-total anonymity.  On Monday, it stepped into the open with something that Wall Street has been debating for years: a concrete timeline to put real assets on a blockchain. DTCC announced today it will begin live, limited trades of tokenized securities in July 2026, with a full commercial launch of the service set for October.  The service lives inside its subsidiary, the Depository Trust…

Traders betting against Bitcoin and the crypto markets are getting liquidated as BTC’s price pushes above $80,000. IIn the last 24 hours, a total of $375.02 million in leveraged crypto bets have been liquidated, according to the market data tracker CoinGlass. The vast majority of the liquidations hit traders going short, coming in at $304.96 million. Bitcoin led the wipeouts with $160.8 million liquidated, nearly all from short positions. Ethereum followed at $84.7 million, also dominated by shorts. Over 98,000 traders were forced out. Bitcoin is now trading at $80,416, up nearly 3% in the last 24 hours. Follow us on…

In brief GPT-5.5 Instant replaces GPT-5.3 Instant as ChatGPT’s default model starting today, rolling out to all users for free. The model produced 52.5% fewer hallucinated claims than its predecessor on high-stakes medical, legal, and financial prompts in OpenAI’s internal tests. GPT-5.5 Instant is the first Instant-tier model OpenAI classifies as “High Capability” in both cybersecurity and biological domains, requiring additional safeguards at deployment. OpenAI just swapped out the engine inside ChatGPT. Starting today, GPT-5.5 Instant replaces GPT-5.3 Instant as the default model used by hundreds of millions of people who open ChatGPT every day.This isn’t a flashy launch; no…