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In brief Litecoin was affected by a bug this weekend that allowed an attacker to transfer digital assets to a decentralized exchange. The digital asset’s official X account said the attack relied on a zero-day bug, and later apologized for flippant posts on the exploit. Aurora Labs CEO Alex Shevchenko estimated that one multi-chain protocol, NEAR Intents, risked $600,000 in potential exposure. Litecoin was affected by a bug this weekend that allowed an attacker to transfer digital assets to a decentralized exchange, prompting the network to undergo a so-called reorganization to prevent someone from cashing in on crypto’s latest vulnerability.The…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Following the US Treasury Department and the Office of the Comptroller of the Currency (OCC) proposal rules for the GENIUS Act—the country’s first stablecoin bill—Bitcoin (BTC) custodian BitGo has submitted its formal comments to the OCC.  BitGo Pushes OCC On GENIUS Act Changes In a social media post on Monday, BitGo called the GENIUS Act a landmark, but emphasized that landmark bills still need careful implementation to succeed.  The company argued that several parts of the OCC’s proposed rules would benefit from adjustments, listing five areas in…

In brief Trump appeared to soften criticism of prediction markets just two days after saying they helped turn the world into “a casino.” Over the weekend, he noted “very smart” people support the industry. Trump’s son, Donald Trump Jr., has ties to both Polymarket and Kalshi. President Donald Trump appeared to walk back criticism of prediction markets over the weekend, suggesting he wasn’t yet sure where he stood on the matter or whether he’d prefer if the emerging sector were regulated differently.On Thursday, the president told reporters he was “never much in favor” of prediction markets—a booming industry that now…

In brief Trump appeared to soften criticism of prediction markets just two days after saying they helped turn the world into “a casino.” Over the weekend, he noted “very smart” people support the industry. Trump’s son, Donald Trump Jr., has ties to both Polymarket and Kalshi. President Donald Trump appeared to walk back criticism of prediction markets over the weekend, suggesting he wasn’t yet sure where he stood on the matter or whether he’d prefer if the emerging sector were regulated differently.On Thursday, the president told reporters he was “never much in favor” of prediction markets—a booming industry that now…

In brief A Federal Reserve study found US programming job growth dropped roughly 50% after ChatGPT launched in November 2022. Researchers estimate roughly 500,000 developer jobs that would have otherwise existed were never filled. The employment gap didn’t appear until mid-2024—about 18 months after ChatGPT’s launch. The Federal Reserve just put a number on something developers have been experiencing for two years.A new study by Fed economists Leland D. Crane and Paul E. Soto found that employment growth among U.S. programmers dropped roughly 50% after ChatGPT launched in November 2022. Before that, programming-intensive jobs were growing at around 5% annually—well…

Make CryptoSlate preferred on The Bitcoin ETF trade sold investors a simple promise: crypto exposure inside a wrapper that looked and felt like mainstream finance. Advisors could buy it, compliance teams could understand it, and institutions could route capital into digital assets through a product that fits the rest of their strategy.That promise worked, and the US spot Bitcoin ETF complex had reached $91.71 billion in assets under management by April 8, according to CryptoSlate data.Given the size of the spot Bitcoin ETF market, we can clearly see that there’s no lack of demand. The main problem the industry is…

In brief A Federal Reserve study found US programming job growth dropped roughly 50% after ChatGPT launched in November 2022. Researchers estimate roughly 500,000 developer jobs that would have otherwise existed were never filled. The employment gap didn’t appear until mid-2024—about 18 months after ChatGPT’s launch. The Federal Reserve just put a number on something developers have been experiencing for two years.A new study by Fed economists Leland D. Crane and Paul E. Soto found that employment growth among U.S. programmers dropped roughly 50% after ChatGPT launched in November 2022. Before that, programming-intensive jobs were growing at around 5% annually—well…

In brief xAI and Colorado jointly moved to pause the lawsuit over SB24-205. Enforcement of Colorado’s AI law is on hold while lawmakers consider amendments. The case could resume if revisions fail to address xAI’s constitutional concerns. Colorado’s legal fight with Elon Musk’s artificial intelligence company xAI is on pause for now.In a joint filing on Friday, xAI and Colorado Attorney General Phil Weiser asked a federal court to cancel the June 16 scheduling conference and suspend all case deadlines in xAI’s lawsuit challenging Senate Bill 24-205, the state’s law aimed at preventing “algorithmic discrimination” in high-risk AI systems.The filing…

Make CryptoSlate preferred on The European Union’s latest Russia sanctions package, its twentieth so far, brings crypto settlement squarely into an already fractured geopolitical spotlight.Adopted on April 23, the package adds 120 new listings and rolls out financial measures that touch just about every corner of Russia’s crypto scene. That includes service providers, decentralized trading platforms, ruble-backed tokens, payment agents, and even support for the digital rouble.Earlier rounds of restrictions mostly went after specific exchanges, wallets, or operators. This time, the EU is aiming higher up the stack, targeting the service layer that keeps Russia-linked crypto settlement running. That means…

In brief Taylor Swift files three trademark applications tied to her voice and likeness. The move could help her challenge AI-generated fakes and unauthorized impersonations. Matthew McConaughey previously used a similar legal strategy. Taylor Swift is moving to protect her voice and image from misuse by artificial intelligence through a new legal strategy, according to a report from Variety.On Friday, Swift’s company, TAS Rights Management, filed three trademark applications with the U.S. Patent and Trademark Office. Two are sound trademarks covering the phrases “Hey, it’s Taylor Swift” and “Hey, it’s Taylor.” The third is a visual trademark covering a specific…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has clawed back above $2,300, with bulls now setting their sights on the $2,400 level that has capped the recovery throughout the consolidation phase. The price action is improving — but a CryptoQuant analysis has identified a development in the network data that suggests the current price level may be telling an incomplete story about where Ethereum actually stands. The analysis examines Ethereum’s active addresses — the number of unique wallets engaging with the network on a daily basis. The 100-day moving average of that metric…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The latest threat to Bitcoin’s cryptography is quantum computing. A researcher called Giancarlo Lelli has now won a one Bitcoin prize for using quantum hardware to crack a small cryptographic key linked to the same family of mathematics that protects Bitcoin.  This sounds terrifying at first glance, as it threatens the future of billions worth of Bitcoin. However, it also needs careful handling, because the truth is more complicated than breaking Bitcoin’s encryption. Researcher Makes Successful Attack On Elliptic Curve Cryptography The event came from Project Eleven’s…

Make CryptoSlate preferred on South Korea’s Kbank has signed a strategic partnership with Ripple to test blockchain-based overseas remittances, placing a bank with a central role in Upbit’s KRW account access beside one of crypto’s longest-running payments infrastructure firms.Local reports describe the work as a technical verification, or proof-of-concept, focused on whether Ripple’s infrastructure can improve the speed, cost, and transparency of overseas remittances. ZDNet Korea separately described the test as part of a phased push around bank-linked overseas remittance infrastructure.For now, the commercial pieces remain open: launch date, customer access, fees, live volume, and the exact settlement asset.Kbank already…

In brief DeFi United has received enough contributions to potentially restore rsETH, receiving contributions worth $303 million, as of Monday. The coordinated relief effort has drawn participation from across the crypto industry, including contributions from Consensys and the Avalanche Foundation. The total amount raised was contingent on governance proposals, including one on Arbitrum that’s expected to take roughly 49 days. A coordinated relief effort to raise funds following Kelp DAO’s $290 million exploit this month crossed a critical threshold on Monday, receiving enough contributions to potentially cover decentralized finance’s biggest hack in recent memory.The organization dubbed DeFi United, which has…

U.S. lawmakers and White House officials used a Nakamoto Stage panel to argue that clear crypto rules will decide whether the United States leads or cedes ground in the next phase of financial innovation. The discussion, titled “Are We Getting More Clarity?”, focused on the Clarity Act, enforcement under past administrations, and the risk that political swings could undo progress on crypto regulation. Senator Cynthia Lummis warned that another hostile administration would mean “game over for sensible regulation,” framing the 2026 election cycle as a direct test of whether Congress can lock in a durable framework for digital assets.  She…