Everything web3, crypto, defi, degen
In brief In 2023 Lõhmus told Estonia’s public radio he lost access and would consider credible recovery help. On-chain records show only dust transfers, with no outgoing ETH from the labeled wallet. There have been many other cases of lost crypto wallet passwords or keys. Two years ago, Estonian banker Rain Lõhmus told Estonia’s public…
In brief Spot Ethereum ETFs have attracted $2.3 billion in the U.S. this month, equating to roughly 500,000 ETH. The network has issued 450,000 ETH since the “merge” took place in 2022. Ethereum treasury firms have bought lots of ETH recently, but ETFs are still a larger source of demand, according to Standard Chartered. Spot…
In brief Bitcoin and Ethereum are close to breaking new records. As the two flagship digital coins rise, altcoins like Solana and Dogecoin have posted larger daily gains. Ethereum is now up 29% on the week, outpacing all other major coins. Dogecoin and Solana were soaring Wednesday just as Bitcoin edged towards a new all-time…
In brief Investors put over $1 billion into Ethereum ETFs on Monday, breaking the single-day record. The surging investment shows that people finally understand the cryptocurrency, Bloomberg analyst Eric Balchunas told Decrypt. Ethereum’s price is now close to breaking a new all-time high, topping $4,500 on Tuesday for the first time since 2021. Investors threw…
In brief Elon Musk accused Apple of excluding Grok and X from its “Must Have” section while promoting OpenAI’s ChatGPT. Legal experts say the case could test the line between curation rights and anti-competitive conduct. The dispute comes amid ongoing antitrust probes into Apple’s App Store dominance. Billionaire Elon Musk has escalated his dispute with…
In brief Stripe is reportedly building a payments-focused Layer 1 blockchain called Tempo with VC firm Paradigm. The stealth project was revealed via a job listing on the Blockchain Association’s careers board. Analysts say Tempo could offer predictable fees and performance, but success may hinge on privacy and openness. Stripe, a private financial technology firm…
In brief Kaia registered four KRW-related trademarks earlier this month; Kakao and Kakao Pay sit on its governance council. Competing bills and an administration framework would set rules on licensing, reserves, equity requirements, interest treatment, and banks’ roles. Foreign exchange controls and planned reporting for cross-border crypto flows could limit early use cases, relative to…
In brief Developers report regressions in coding ability, raising doubts about GPT-5’s “reasoning powerhouse” claim. Rollout frustrations mount as older models vanish and access differs sharply across pricing tiers. PR stumbles and ethical concerns deepen skepticism around OpenAI’s most ambitious model yet. OpenAI’s much-hyped launch of GPT-5—touted as a groundbreaking leap in artificial intelligence—has instead…
In brief GPT-5 launched with unified multimodal powers—text, images, voice, and live video—all in one package; no more juggling separate bots for every task. Rollout starts today for all ChatGPT users, but power features and top speed go to Pro subscribers; Microsoft plugs it into Copilot and GitHub on day one. OpenAI touts “expert-level reasoning”…
In brief CTM360 identified a “ClickTok” campaign using over 10,000 fake domains that mimic TikTok Shop to steal user credentials and distribute malware through phishing pages and trojanized apps. Scammers deploy fake Meta ads and AI-generated TikTok videos mimicking influencers to direct victims to fraudulent storefronts offering heavily discounted products paid for with cryptocurrency. The…
