Author: Isabella Taylor
In Musk’s AI- and robotics-driven future, traditional money fades as labor allocation becomes obsolete, while energy—and energy-backed assets like Bitcoin—persist as core value. Summary Musk says advanced AI and robotics could satisfy human needs, making money far less relevant as a way to organize labor and production. He calls energy the “true currency,” arguing Bitcoin’s proof-of-work links digital value to real-world electricity and hardware expenditure. Musk notes this shift depends on technological progress; for now, fiat currencies still dominate payments while Bitcoin remains an alternative asset and monetary system. Tesla CEO Elon Musk outlined a vision in which traditional currency…
Bitcoin sank at Asia’s open, triggering leveraged liquidations and a broad crypto selloff as gold rallied and macro uncertainty fueled a sharp, volatile reset. Summary Bitcoin dumped from weekend levels at the Asian open, sparking forced long liquidations and a broad crypto market drawdown. Gold rallied as macro and Fed-policy uncertainty pushed some capital toward traditional safe havens and away from crowded crypto longs. Exchange balances and stablecoin reserves rose, signaling dry powder, but Bitcoin now trades below short-term holders’ cost basis, heightening downside risk. Bitcoin fell sharply at the start of Asian trading on Dec. 1, erasing significant value…
Yearn Finance is dealing with a fresh security breach after an attacker exploited its yETH token contract and drained millions in ETH and liquid staking assets from Balancer pools. Summary The exploit targeted an older yETH contract, allowing the attacker to mint an unlimited supply of tokens and empty the Balancer pool. Around 1,000 ETH moved through Tornado Cash shortly after the attack, with more assets still held across the attacker’s wallets. Yearn confirmed the issue is isolated from its V2 and V3 Vaults and is preparing a detailed report on the incident. The incident unfolded late on Nov. 30…
Crypto prices today fell across the board on as thin liquidity, heavy leverage, and more than $600 million in liquidations drove a sharp market pullback. The total crypto market cap dropped 5% to $3.04 trillion, extending last week’s weakness. Bitcoin… Source link
South Korea is pushing to finalize a new digital asset act by January, after ruling and opposition lawmakers agreed on a stablecoin framework that had stalled negotiations for months. Summary South Korea’s ruling and opposition parties agreed on a bank-led consortium model for issuing KRW stablecoins. Lawmakers set a Dec. 10 deadline for the government to submit the proposal, with the goal of passing the bill in January. Additional reforms will tighten financial security rules, expand AML oversight, and support capital market transparency. Lawmakers met behind closed doors and settled the core dispute over who can issue won-based stablecoins. According…
The last few months have witnessed a massive upheaval in the world of cryptocurrencies. Therefore, it is only sane to grab enough knowledge on the various ways of investing in decentralized currencies. This article will read about Hedera Hashgraph (HBAR) and go through all the exchanges and platforms where you can buy HBAR! Summary (TL;DR) Hedera is a decentralized public network beyond blockchain technology to provide faster, safer, and more advanced applications. Hedera’s native cryptocurrency is called HBAR, and it is a highly energy-efficient form of cryptocurrency. It uses advanced technology, multi-factor authentication, and enhanced security modules. HBAR can be…
With exchange platforms such as WazirX and Binance, the traders can efficiently and effortlessly trade their tokens and profit from them. Further, paying the transaction charges while withdrawing crypto from WazirX can be daunting. However, you can easily transfer your money from WazirX to Binance free of charge. Summary Binance is the centralized cryptocurrency with high volume trading, several cryptocurrencies. In addition, it is among the exchanges with the lowest transaction fees.WazirX is a cryptocurrency exchange from India which Binance acquired in 2019. It is a fast-growing and most trusted exchange in India.Withdrawing or transferring funds from WazirX to Binance…
Upbit will resume digital asset deposits and withdrawals on December 1 at 1:00 PM KST following a $37 million hack that targeted Solana-based assets. The South Korean exchange announced that all existing deposit addresses have been deleted, and users must issue new addresses before depositing funds. The security breach occurred on November 27, 2025, when hackers stole approximately 44.5 billion KRW ($30-36 million USD) from Upbit’s hot wallets. Unlike the 2019 attack which focused on Ethereum (ETH), the latest incident targeted Solana ecosystem tokens including Solana (SOL), USDC, and Bonk (BONK). North Korea’s Lazarus Group is suspected of planning the…
North Korea has spent nearly 30 years developing artificial intelligence capabilities that could accelerate crypto theft operations, according to a report from South Korea’s Institute for National Security Strategy. Summary INSS says North Korea is using banned NVIDIA GPUs to accelerate AI-driven cybercrime. AI tools in facial recognition and voice synthesis may boost industrial-scale crypto theft. Crypto hacks hit $172.5M in November, with code flaws causing most of the losses. Researchers discovered Pyongyang is using banned NVIDIA GeForce RTX 2700 graphics cards to power AI research focused on pattern recognition, speech processing, and data optimization. The findings come as crypto…
In the ever-evolving cryptocurrency landscape of 2025, choosing the right exchange can significantly impact your trading experience and investment outcomes. With the digital asset market now exceeding $5 trillion in global capitalisation, the stakes have never been higher for investors seeking secure, efficient trading platforms. Our comprehensive analysis reveals how Figure Markets, Kraken, and Gemini—three industry frontrunners—stack up against each other across critical dimensions that matter most to today’s discerning cryptocurrency investors. Founding & Legacy Figure Markets Born from the innovative mind of Mike Cagney—former SoFi CEO—Figure Markets represents the culmination of Figure Technologies’ vision since its 2018 inception. This…