Everything web3, crypto, defi, degen
In brief Thousands of Ring users reported suspicious May 28 logins, raising fears of a widespread hack. Amazon said the issue was caused by a backend bug that incorrectly displayed login dates and device names. Users remain skeptical, especially as Ring recently reintroduced law enforcement access through a new Axon partnership. Amazon’s Ring cameras went…
In brief Roman Storm’s lawyers said Monday they may file a motion for a mistrial, due to alleged holes in the prosecution’s case against their client. The U.S. government has so far failed to prove that Tornado Cash was used in some of the cybercrimes recounted by their witnesses at trial, according to Storm’s lawyers.…
In brief CoinDCX confirmed a $44 million hack on July 19 that affected an internal liquidity account, while assuring that customer funds remain safe. The exchange launched a bounty program offering up to 25 percent of recovered funds, with a potential payout of $11 million to those who assist in tracing the stolen assets. The…
In brief The GENIUS Act, now signed into law, gives stablecoin issuers like Ripple a clear regulatory path but is expected to have limited direct impact on XRP’s price. Ripple’s new stablecoin, RLUSD, positions the company to compete domestically with USDC and PayPal USD as a native U.S. liquidity provider. Legal ambiguity around XRP’s classification…
In brief A 74-year-old man disappeared in May after leaving home without his phone. Authorities believe the disappearance is linked to the man’s family’s crypto fortune. They’ve found evidence of fraudulent activity and impersonation of him to communicate with family members. The man’s son, a hedge fund executive, believes someone stole his father’s identity and…
In brief Strategy keeps its $72 billion Bitcoin stash with multiple custodians, but won’t publicly name them, citing security concerns despite pressure from crypto community. Coinbase confirmed it’s one of Strategy’s custodians, while blockchain analytics firm Arkham claims to have traced 70,000 BTC to Fidelity. SEC filings reveal Strategy uses only NYDFS-regulated custodians, narrowing the…
In the latest SlateCast episode, CryptoSlate’s Editor‑in‑Chief Liam “Akiba” Wright and CEO Nate Whitehill sat down with Dustin Hedrick, co‑founder of The Roar, to unpack how RoarChain, a self‑custody‑first layer‑two built on the OP‑Stack, blends artificial‑intelligence tooling, fee‑backed yield, and a decade‑long roadmap to welcome the next wave of crypto users.Building a Self‑Custody L2 on OP‑StackRoarChain’s architecture begins with…
In brief OpenAI launched ChatGPT Agent, enabling AI to complete complex tasks using a virtual computer. The tool raises security concerns, including prompt injection attacks. OpenAI added safeguards, but warned users to stay cautious. OpenAI has unveiled its most autonomous AI tool yet: a version of ChatGPT that can browse the web, run apps, and…
In brief The Nasdaq has filed a 19b-4 rules change request that would allow BlackRock’s iShares Ethereum Trust ETF to add staking. The filing is the latest for Ethereum funds hoping to include staking functionality. Ethereum funds have pulled in $2.3 billion worth of investment over a nine-day streak. BlackRock aims to include staking in…
In brief More than 40 top AI researchers propose monitoring chatbots’ internal “chain of thought” to catch harmful intent before it becomes action. Privacy experts warn that monitoring these AI thought processes could expose sensitive user data and create new risks of surveillance or misuse. Researchers and critics alike agree that strict safeguards and transparency…
