Crypto

US Government Runs a Bitcoin Node, Admiral Confirms The post US Government Runs a Bitcoin Node, Admiral Says, But Is Not Mining BTC appeared first on Cryptonews.

Admiral Samuel Paparo appeared before the Senate Armed Services Committee on Apr. 21 for a posture review for the US Indo-Pacific Command ahead of the fiscal year 2027 defense request. Paparo reportedly disclosed that INDOPACOM is running a Bitcoin node and treating the protocol's architecture as operationally relevant for securing networks and projecting power. In […] The post US admiral who blasted crypto is now running a Bitcoin node for America’s security appeared first on CryptoSlate.

FTX Sold Cursor Stake for $200K — Now Worth $3B The post FTX Estate Sold Cursor Stake for $200K: It’s Now Worth $3 Billion appeared first on Cryptonews.

A $20 billion hit from the KelpDAO exploit highlights systemic risks, while flat ETH-denominated growth and a shift to stablecoins point to ongoing fragility in DeFi.

The Bank for International Settlements (BIS) released a report warning stablecoin yields and other DeFi “earn” products are bank-like services without the safeguards or insurance.

The FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuation surge, raising questions about bankruptcy asset sales. The FTX bankruptcy estate sold a 5% stake in AI coding startup Cursor for $200,000 in April 2023, missing out on roughly $3 billion after the company was valued at $60 billion in a SpaceX-linked deal this week. On Wednesday, SpaceX said it has secured the right to acquire Cursor later this year at a $60 billion valuation, or alternatively pay a $10 billion breakup fee if the transaction does not proceed. That valuation sharply revalues FTX’s earlier position in the company, which traces back to April 2022 when Alameda Research, a quantitative trading firm also founded by Sam Bankman-Fried, invested $200,000 in Anysphere, the startup behind Cursor. The investment reportedly secured about a 5% equity stake at a $4 million valuation. Read more

In future, DeFi protocols will either become unhackable…. or they will cease to exist. Both outcomes are now possible due to AI.

Strategy's software business generates revenue, but Schiff says it falls short of covering 11.5% annual dividends across STRC's issuance.

Reps. Thomas Massie and Lauren Boebert introduced the Surveillance Accountability Act, targeting legal loopholes that allow warrantless access to Americans' data.

OKX integrates BitGo off-exchange settlement for US institutions, reducing pre-funding requirements and marking a key step in its US expansion following ICE investment. Cryptocurrency exchange OKX is accelerating its push into the United States by rolling out off-exchange settlement for its US institutional clients. OKX has integrated the Off-Exchange Settlement (OES) platform by publicly listed digital asset custodian BitGo, the company said Thursday in an announcement shared with Cointelegraph. The integration enables institutional clients to trade on OKX while keeping assets secured in BitGo’s cold custody, aiming to eliminate pre-funding requirements and improve capital efficiency. Read more

Quantum fears focus on vulnerable early wallets, but market data suggests even a worst case sell-off would be large, not catastrophic.

Token falls 2.5% after rejection near $1.44 as leveraged ETF launch pushback adds to mixed sentiment.

Google’s new processors target massive model training and the emerging AI agent economy, offering distinct builds for both needs.

The wallet linked to the Kelp DAO exploit appears to have laundered most of the $175 million worth of stolen Ether, while another $71 million remains frozen by Arbitrum’s security council. The exploiter behind the roughly $293 million Kelp DAO hack appears to have laundered nearly all of the unfrozen Ether stolen in the attack, narrowing recovery efforts to the tranche Arbitrum’s security council managed to freeze. The Kelp Dao hacker appears to have laundered nearly all of the 75,700 Ether (ETH) stolen from the protocol on Saturday. The hacker primarily used the THORChain to swap the Ether for Bitcoin (BTC), generating about $910,000 in fee revenue for the protocol, according to blockchain analyst EmberCN in a Thursday X post. The attacker began moving the funds on Tuesday, sending roughly 75,700 ETH, worth about $175 million at the time, into newly created wallets before routing the assets through THORChain and privacy protocol Umbra. Arkham data showed the attacker’s tagged main wallet had been largely emp...

Ethereum (ETH), down 2.9% since Wednesday, was also an underperformer.

Gaming took 63% of all Web3 venture funding in 2022, but by 2025 its share had fallen to single digits as capital rotated into AI, real-world assets and layer-2 infrastructure.

With Bitcoin topping $79K Wednesday, a "cleared risk landscape" hints at a potential extension of its ongoing rally.

Uzbekistan Offers 10-Year Tax Holiday to Bitcoin Miners The post Uzbekistan Lures Global Crypto Mining with 10-Year Tax Holiday in New Special Zone appeared first on Cryptonews.

Flying Tulip said its withdrawal safeguard is designed to fail open, while a status page lets users monitor the system in real time. Flying Tulip, a decentralized finance (DeFi) platform founded by DeFi developer Andre Cronje, has added a circuit breaker that can delay or queue withdrawals during abnormal outflows, as April DeFi losses climbed amid a string of major exploits.  According to Flying Tulip’s documentation, the mechanism is designed to slow funds leaving the protocol if outflow capacity is exceeded, giving the team time to investigate suspicious activity and limiting how much an attacker could drain in a worst-case scenario. Flying Tulip said the circuit breaker works differently across products. In the first version of the circuit breaker, used in its Perpetual PUT product, withdrawals can revert and users must retry later. In the second version, used in Flying Tulip’s stable asset and settlement currency, ftUSD, withdrawals are queued and become claimable after a delay instead of being rejected ...

PEPE trades at $0.0000039 with 3% daily gain as Bitcoin surges past $79,000. Whale accumulation, ETF rumors, and key resistance at $0.0000410 shape the next move. The post Whales Just Accumulated 800 Billion PEPE Tokens in a Week: Is a Breakout Above $0.0000041 Coming? appeared first on Cryptonews.