Author: admin
BlackRock’s iShares Bitcoin Premium Income ETF (BITA) recorded $79,073 of realized gains and $265,776 of unrealized appreciation on written options in its first operating period, helping offset losses on its Bitcoin holdings and shares of the iShares Bitcoin Trust ETF (IBIT).BITA posted an $860,335 decrease in net assets from operations through June 30, its first quarterly filing shows. IBIT is BlackRock’s spot Bitcoin fund and one of BITA’s underlying investments. Related ReadingBlackRock’s new Bitcoin ETF offers monthly income, but caps gains when Bitcoin surgesThe Nasdaq-listed ETF offers monthly income potential through covered calls while capping part of the rally trade.…
In brief A team or researchers found that Anthropic, OpenAI, and Google all use a single global encryption key for AI reasoning tokens. By decoding 315,320 reasoning blocks scraped from public GitHub and Hugging Face repositories, the researchers recovered 182 credentials, including 62 live API keys, 33 passwords, and 30 personal email addresses. OpenAI, Anthropic, and Google deployed server-side patches after responsible disclosure, but historical session logs already shared publicly remain decodable. Security researchers have found a way to read the encrypted “inner thoughts” of every major AI reasoning model—and uncovered 62 live API keys and 33 passwords buried in…
In brief Bill Swearingen’s noRecognition project generates patterns that stop camera software from classifying what it covers—people, faces, or cars. The patterns defeated all 11 open-source detection algorithms he tested, including the software behind Flock license plate readers, Axon body cameras, and Clearview AI. The first public test came Friday at Def Con in Las Vegas: a 2009 Toyota Yaris wrapped in the pattern, driven past a Flock camera. Bill Swearingen spent the past year running one experiment over and over from his home in Kansas City, where he co-founded the SecKC security meetup. About 31 million tests later, he…
Bitcoin’s price has shown signs of stabilizing after a rough stretch, but even setting aside where prices go in the near term, asset manager Grayscale says adoption of the cryptocurrency over the medium and long run remains largely unchanged. The reason: continued, unsustainable growth in government debt as a factor that keeps inflation and currency-debasement risk elevated. That backdrop, Grayscale argues, could push a widening range of investors toward scarce assets and alternative stores of value — a category where Bitcoin, with its fixed supply, is increasingly well positioned as a candidate. It added that the adoption of stablecoins and…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Jupiter has introduced a Smart Debt feature through Jupiter Lend, allowing borrowed assets to be deployed into DEX liquidity pools where they can earn trading fees. The product, launched in collaboration with Fluid, also includes Smart Collateral. The idea is to make borrowed assets more productive rather than leaving them idle, potentially helping users offset borrowing costs through liquidity provision. That is an interesting DeFi design. But it is not risk-free yield. Using borrowed assets inside DEX liquidity pools can introduce smart contract risk, liquidation risk, market…
In brief Grok Bot completes tasks across apps, websites, and inboxes. According to SpaceXAI, multiple bots can communicate, share context, and divide work. The service requires access to workplace accounts and potentially sensitive company data. Elon Musk’s SpaceXAI is joining the race to build AI agents that can navigate software and complete work for users.Launched on Tuesday for Windows and iOS, Grok Bot operates through a cloud-based computer that allows it to sign into workplace tools, navigate websites, and manage email inboxes. According to SpaceXAI, users can assign tasks in plain English rather than building automated workflows, leaving Grok Bot…
In brief An attacker drained nearly 200,000 XRP, worth around $202,000, from the Tx XRPL bridge. The bridge credited transactions that did not deliver XRP as deposits. Tx halted the bridge and is considering how to compensate affected users. An attacker drained nearly 200,000 XRP, worth around $202,000, from an XRP Ledger bridge on August 9 by exploiting a flaw in its deposit-detection software, the project said.In a post on X on Tuesday, Tx, which operates the bridge connecting the Tx Chain and the XRP Ledger, said a software flaw caused the bridge to record transactions as XRP deposits even…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Arthur Hayes has outlined a new “Yen-quake” macro thesis, arguing that efforts to support the Japanese yen could ultimately inject fresh dollar liquidity into global markets and become bullish for Bitcoin. In his August 10 essay, Hayes focuses on the Federal Reserve’s FIMA Repo Facility, a mechanism that allows foreign official institutions to access dollars against US Treasury collateral. His argument is that a larger or more active FIMA channel could help Japan manage yen pressure without selling Treasuries outright, while still creating conditions that support risk…
Bitcoin’s price dipped slightly before remaining mostly steady after data on Wednesday showed that U.S. inflation was subdued. The price of the largest cryptocurrency recently stood at $63,863, mostly unmoved over a 24-hour period. Over the past week, Bitcoin is also flat. The core consumer price index, which excludes often-volatile food and energy categories, rose 0.2% from a month earlier and increased 2.5% from a year earlier — the slowest pace since March 2021. Energy and gas prices fell for a second month and grocery prices dropped for the first time since March, according to the print. The news takes…
In brief Kalshi’s live order book is now available through DoubleZero Edge. The initial feed covers sports contracts and crypto perpetual futures. Kalshi will waive its share of subscription fees for the first year. Kalshi is distributing its real-time order book data through DoubleZero Edge, allowing trading firms to access the prediction market’s live data over DoubleZero’s fiber network, the companies announced Wednesday.According to the announcement by the DoubleZero Foundation and Kalshi, the subscription feed initially covers Kalshi’s sports event contracts and crypto perpetual futures. It includes Level 1 data, which shows the best available prices and completed trades, and…
A longtime executive at the prominent artificial intelligence company OpenAI is departing after eight years to pursue a new venture. Brad Lightcap announced his exit on X amid ongoing leadership transitions as the firm seeks to justify its $852 billion valuation ahead of an expected initial public offering. Lightcap joined OpenAI in 2018 and built the first versions of key operations and business teams, including Finance, Legal, People, CorpSec, GTM/Gov, and Partnerships. Over an 18-month stretch through mid-2025, he grew the go-to-market team from around 50 to more than 700 people. Lightcap served as operating chief until April, when he…
In brief Harmony confirmed an exploit after an analyst reported that an attacker minted about 4 billion ONE, roughly 26% of the supply. Around 97% of those tokens have already reached exchanges, on-chain analyst Juiceberg said. ONE was trading at about $0.00077, down 37% on the day, after Harmony shipped a patch to stop further minting. Layer-1 blockchain Harmony has confirmed it was exploited after an attacker minted roughly 4 billion ONE tokens without authorisation, sending the token down 37% to about $0.00077, per CoinGecko data.On-chain analyst Juiceberg flagged the mint early Wednesday, putting it at close to 4 billion…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solana climbed roughly 7% from its August 7 low to an August 10 intraday high, breaking above a descending trendline that had shaped price action since July. Market data shows SOL moved from about $72.49 to $77.36 during the rebound. That is a meaningful short-term move, especially after several weeks of weaker momentum. But it should not be treated as a confirmed long-term reversal. A breakout from a multi-week downtrend can improve sentiment, but Solana still trades inside a broader market driven by Bitcoin, liquidity, ETF flows,…