CoinDesk 20 Performance Update: Index Declines 2% as Nearly All Assets Trade Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2733.26, down 2.0% (-57.08) since 4 p.m. ET on Tuesday. One of 20 assets is trading higher. Leaders: POL (+0.2%) and BTC (-0.6%). Laggards: AAVE (-4.7%) and XRP (-4.0%). … Read more

The open source debate: Is crypto losing its soul?

Crypto was born from an open-source ethos, where code was shared publicly, accessible for review and shaped by community contributions. Transparency and verifiability are foundational principles that enable trust in Bitcoin. But as the space matured, some disadvantages of open source surfaced. Innovative smart contract platforms and decentralized finance (DeFi) applications were forked to create … Read more

Crypto hackers hit DeFi for $92M in April as attacks double from March

Cryptocurrency hackers stole more than $90 million in April, dealing another blow to the industry’s mainstream reputation despite ongoing efforts to improve cybersecurity. Hackers made off with $92 million of digital assets across 15 incidents in April, according to an April 30 research report by blockchain cybersecurity firm Immunefi. The total marks a 124% month-over-month … Read more

The DOGE days have just begun

I once wondered whether law enforcement might stop Elon Musk’s power grab. About a month ago, I got my answer: no. On March 17th, the Musk-led Department of Government Efficiency broke into the nonprofit, congressionally funded US Institute for Peace, according to court documents filed by the USIP’s board of directors. By allegedly threatening to … Read more

Mantra links OM token crash to risky crypto exchange policies

Decentralized finance (DeFi) platform Mantra has called for industry-wide cooperation to reduce investor risks in the aftermath of its OM token crash. On April 30, Mantra published its latest update since the sudden collapse of its OM token, claiming that the incident was “bigger than Mantra.” “Liquidation cascades could happen to any project in the crypto industry,” Mantra … Read more

DeepSeek upgrades its math-focused AI model Prover

Chinese AI lab DeepSeek has quietly updated Prover, its AI model that’s designed to solve math-related proofs and theorems. According to South China Morning Post, DeepSeek uploaded the latest version of Prover, V2, to AI dev platform, Hugging Face, late on Wednesday. It appears to be built on top of the startup’s V3 model, which … Read more

Tokenized Apollo Credit Fund Makes DeFi Debut With Levered-Yield Strategy by Securitize, Gauntlet

DUBAI, UAE — Tokenization firm Securitize and decentralized finance (DeFi) specialist Gauntlet are planning to bring a tokenized version of Apollo’s credit fund to DeFi, a notable step in embedding real-world assets into the crypto ecosystem. The two firms are unveiling Wednesday a leveraged-yield strategy offering centered on the Apollo Diversified Credit Securitize Fund (ACRED), … Read more

FIFA shifts NFT platform to new Ethereum-compatible blockchain

The Federation Internationale de Football Association (FIFA) plans to launch a new blockchain network to support its non-fungible token (NFT) collectibles, the organization announced on April 30. FIFA will launch its “FIFA Blockchain,” with Ethereum Virtual Machine (EVM) compatibility and aims to provide “better performance, future features, and improved scalability.” As part of the move, … Read more

LLM Probabilities, Training Size, and Perturbation Thresholds in Entity Recognition

:::info Authors: (1) Anthi Papadopoulou, Language Technology Group, University of Oslo, Gaustadalleen 23B, 0373 Oslo, Norway and Corresponding author (anthip@ifi.uio.no); (2) Pierre Lison, Norwegian Computing Center, Gaustadalleen 23A, 0373 Oslo, Norway; (3) Mark Anderson, Norwegian Computing Center, Gaustadalleen 23A, 0373 Oslo, Norway; (4) Lilja Øvrelid, Language Technology Group, University of Oslo, Gaustadalleen 23B, 0373 Oslo, … Read more

AI sales tax startup Kintsugi had doubled its valuation in 6 months

Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million in new funding led by global indirect tax technology solution provider Vertex. The startup plans to enable more small and medium businesses to use its AI-enabled capabilities for tax calculations and filings. The ongoing growth of … Read more

Content moderators are organizing against Big Tech

Content moderators who comb through harmful material uploaded to online platforms have formed a global trade union alliance in a bid to improve working conditions. The Global Trade Union Alliance of Content Moderators (GTUACM) announced today in Nairobi, Kenya, says it aims to “hold Big Tech responsible” for failing to address workers’ issues like low … Read more

Vanar Chain tackles AWS-style outages with AI-powered data storage

Vanar Chain, a layer-1 blockchain network, has launched a new artificial intelligence-powered compression and data authentication layer designed to address the industry’s longstanding issue with onchain storage. Vanar Chain is launching Neutron, an AI-native blockchain layer with data compression ratios of up to 500:1, which can reduce a standard 25 megabyte file to just 50 … Read more

Should Governments Be Able to Ban Online Communities?

:::info Authors: (1) Anh V. Vu, University of Cambridge, Cambridge Cybercrime Centre (anh.vu@cl.cam.ac.uk); (2) Alice Hutchings, University of Cambridge, Cambridge Cybercrime Centre (alice.hutchings@cl.cam.ac.uk); (3) Ross Anderson, University of Cambridge, and University of Edinburgh (ross.anderson@cl.cam.ac.uk). ::: Table of Links Abstract and 1 Introduction 2. Deplatforming and the Impacts 2.1. Related Work 2.2. The Kiwi Farms Disruption … Read more