Algorand names former Chainlink executive William Herkelrath as CEO
The former Chainlink and Curv executive will lead the blockchain organization’s push into institutional finance and quantumresistant security. Source:CoinDesk
Malone Lam pleads guilty in $245M crypto theft conspiracy
US prosecutors said Lam organized an international network that targeted cryptocurrency holders through social engineering and home breakins.…
These software stocks are in a prime spot to benefit from a rapidly shifting AI landscape
Adobe tops a list of software companies ranked by cash generation, while sector heavyweights Microsoft and Oracle are at the bottom. Source:MarketWatch
Qualcomm’s stock climbs as Amazon chip deal offers investors some much-needed good news
Qualcomm shares have missed out on the chip sector’s big rally this year. The company is now working on various chip projects with Amazon. Source:MarketWatch
Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares
Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while…
Bitcoin’s complexity paradox: How layer-2 scalers became AI's main target
A string of incidents involving Coldcard, Lightning and Liquid highlights how AI is changing the economics of finding bugs in bitcoin infrastructure.…
Liquid ‘white hats’ return $270M in Bitcoin as network prepares restart
The actors returned 85% of the Bitcoin withdrawn from Liquid’s federation wallet following the security incident. Source:Cointelegraph
Polish prosecutors charge suspect in Zondacrypto probe, seek pretrial detention
Polish prosecutors charged Romana Ż. with organized crime and misappropriation offenses involving $2.1 million in Zondacrypto user funds. Source:Cointelegraph
Polish prosecutors charge fifth suspect in a massive crypto probe
BitBay became Zondacrypto in 2021. The exchange stopped trading in April after customers faced frozen withdrawals and estimated losses of at least $94 million.…
DBS and Citi complete weekend USD payment via Swift’s Digital Ledger using tokenized deposits
The transaction is the second confirmed live use of Swift's blockchain ledger, coming as the network races to prove it can compete with digital payment rails…
President’s Year 2000 Council, SEC, NYSE, NASD, ICI, SIA Outline Securities Industry Efforts For Smooth Transition Into Year 2000
The President’s Council onYear 2000 Conversion, the Securities and Exchange Commission(SEC), the National Association of Securities Dealers(NASD), the New York…
Why the launch of OpenAI’s latest Astra model reignited the memory chip trade
Since troughing on July 29, the semiconductor sector has been recovering steadily with the OpenAI ChatGPT6 Astra release bolstering sentiment further…