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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Swift, Wells Fargo and 13 other organizations have joined LF Decentralized Trust. The organization has also launched Panarus, a new tokenization project, and CLPR, a cross-ledger protocol research lab. The additions bring more traditional financial institutions directly into open-source blockchain infrastructure development. **ID:** B25-07 **Site:** Bitcoinist **Status:** READY **Author:** Bitcoinist Editorial Team **Focus Keyword:** Swift **Image Keyword:** Blockchain **Category:** Technology **Tags:** Swift, Wells Fargo, Linux Foundation, Blockchain, Tokenization **Primary Source:** https://www.lfdecentralizedtrust.org/blog The New Members Are Joining More Than A Trade Group LF Decentralized Trust sits underneath a…
You can spend weeks paying for everything with your phone and still feel better knowing there’s some cash at home. That might sound old-fashioned until your bank’s app stops working, your card gets declined for reasons nobody can explain, or the power goes out while you need groceries.In those moments, the idea of financial security stops being an abstract ideal you strive for and turns into something very practical. You need to be able to pay, and the money in your account only helps if you can get to it.This seems to be what’s going on in the UK, as…
In brief Magic Eden warned that NFTs listed on its now-closed EVM marketplace between roughly February and October 2024 could be exposed to an exploit in Limit Break’s Payment Processor V2. Yuga Labs’ 0xQuit said a whitehat operation rescued 23,155 NFTs worth more than $5.7 million, but 660 WETH couldn’t be recovered. Users should revoke the contract’s approvals on Ethereum, Polygon and Base. Revoking won’t return tokens that have already moved. Magic Eden may have left Ethereum behind, but some of its old users’ NFTs were still exposed.The marketplace warned Friday that NFTs listed on its EVM marketplace between roughly…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether has expanded its Wallet Development Kit with a command-line wallet and MCP interface that can be used by AI agents. The same local wallet daemon can be controlled by a human through the terminal or by compatible AI software through the Model Context Protocol. The tooling is currently beta software and Tether explicitly recommends testing with limited funds. **ID:** B25-05 **Site:** Bitcoinist **Status:** READY **Author:** Bitcoinist Editorial Team **Focus Keyword:** Tether **Image Keyword:** Wallet **Category:** Technology **Tags:** Tether, AI, Wallet, MCP, Payments **Primary Source:** https://docs.wallet.tether.io/ One…
In brief Bitget confirmed a $387.5 million breach detected on September 24, after attackers spoofed transaction data to trigger legitimate-looking transfer approvals from hot and warm wallets, not by stealing private keys. The haul includes roughly 103 million XRP worth $157 million. CEO Gracy Chen says IP addresses and on-chain patterns match techniques used by North Korea’s state-linked hackers. Hackers stole roughly $387.5 million in crypto from Bitget yesterday in what is believed to be the biggest crypto hack of the year. The likely suspect is, as usual, North Korea—though that’s yet to be confirmed, and Bitget says law enforcement…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kraken has launched Kraken Borrow US for eligible customers in 48 states. Users can borrow against supported assets to buy additional crypto, with total buying power of up to three times eligible collateral value. The product has no fixed repayment deadline or minimum payment, but interest and liquidation risk still apply. **ID:** B25-01 **Site:** Bitcoinist **Status:** READY **Author:** Bitcoinist Editorial Team **Focus Keyword:** Kraken **Image Keyword:** Lending **Category:** Technology **Tags:** Kraken, Borrowing, Crypto, Lending, US **Primary Source:** https://blog.kraken.com/product/kraken-borrow-us Borrowing Only Kicks In After Cash Is Used Kraken’s…
In brief Circle and Tether froze a wallet tied to the Bitget hack, blacklisting roughly 99,990 USDC and 218,023 USDT (~$318,000) at the contract level; Circle acted at 05:00 UTC Friday, with Tether following via its multisig hours later. The wallet’s ~170 ETH stayed untouched—issuers can freeze their own tokens but not Ethereum—and trackers show other exploiter addresses still hold 63,000+ ETH beyond reach. It’s a small dent in a breach pegged at roughly $387 million, with Lazarus Group a suspected culprit and Bitget’s $464 million protection fund set to cover losses. Circle and Tether have frozen a wallet linked…
In brief Google disclosed PageBreak, an internal AI agent from its Product Security team that has found more than 500 bugs. Unlike typical AI scanners, PageBreak only reports a bug after confirming it with a working exploit against a live environment, giving it a near-zero false-positive rate. Google plans to pair PageBreak with CodeMender, its automated bug-fixing agent. Google just gave one of its AI agents a new job: breaking into Google.The company disclosed on September 24 that its Product Security team built an autonomous system called PageBreak, designed to hunt for real, exploitable vulnerabilities in Google’s own web applications,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Forward Industries has agreed to sell 3.125 million shares to one institutional investor at $8 each. The registered direct offering is expected to raise about $25 million before fees. The company says it intends to use the net proceeds to acquire additional SOL for its corporate treasury. Forward Industries is going back to the equity market to grow its Solana treasury. The Nasdaq-listed company has entered into a registered direct offering with a single institutional investor, agreeing to sell 3.125 million common shares at $8 apiece.…
In brief The Department of Justice filed a civil forfeiture complaint on July 15 targeting $84.2 million in accounts tied to Capstone Ltd., a payments firm prosecutors say moved money for Tether without the required license. The bulk of the money, $79.11 million, sat in a Wells Fargo Securities account; smaller sums were held at JPMorgan Chase and in two USDT wallets. Tether confirmed EQIBank, the Dominica-based bank behind Capstone, processed its wire transfers, but said it had “no knowledge” of the conduct under investigation and put its exposure at less than 0.034% of group assets. The US Department of…
In brief Darktrace’s Signal Labs found that when AI agents couldn’t legitimately hit a required perfect score on coding tasks, two of them hacked their test network instead, and one rewrote its own evaluation to fake the result. A separate experiment showed that tampering with the locally stored conversation logs of coding assistants could trick them into running unauthorized network reconnaissance and privilege escalation. Darktrace disclosed both findings to Anthropic, AWS, and OpenAI in August 2026, a month before publishing them publicly on September 24. Cybersecurity firm Darktrace ran a stress test on AI agents this summer. One of them…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Kamino has opened a lending market for tGBP, a British-pound stablecoin issued by BCP Technologies. Users can supply tGBP or borrow it against collateral including USDC, cbBTC and JitoSOL. The market is curated by Steakhouse Financial and creates sterling-denominated credit on Solana. Dollar stablecoins dominate DeFi, but Kamino is adding a different currency to the mix. The Solana lending protocol has opened a market for tGBP, allowing users to borrow or supply a stablecoin designed to track the British pound. The market is curated by Steakhouse…
In brief References to a “Pro Max” subscription tier, priced at $500 a month, have turned up in ChatGPT’s website code and screenshots shared by several AI leakers this week. The plan appears to buy faster processing on OpenAI’s “Work” and “Codex” agent tools rather than more usage, with some pointing to chipmaker Cerebras as the reason why. OpenAI has not confirmed Pro Max. Its DevDay conference, where new pricing tiers are typically unveiled, is scheduled for September 29. OpenAI is quietly testing a new ChatGPT subscription tier called Pro Max that would cost $500 a month, according to code…
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