Month: May 2025

Lido DAO initiates emergency vote to swap compromised oracle

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The Lido Decentralized Autonomous Organization (DAO), the entity that governs the Lido liquid staking protocol, has initiated an emergency vote to rotate a compromised oracle — a bridge that connects real-world data to blockchain systems. According to members of the Lido DAO, an address belonging to the Chorus One oracle was compromised, and the Ether … Read more

Trump fires head of Copyright Office two days following report that AI training may not be fair use

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The Trump administration has reportedly fired Register of Copyrights Shira Perlmutter, who leads the US Copyright Office, following the office’s choice to release a pre-publication version of its opinion on the fair use status of AI training data that’s made up of copyrighted information.  Representative Joe Morelle, the ranking Democrat of the Committee on House … Read more

Ethereum to $10K 'can't be ruled out' as ETH price makes sharp gains vs. SOL, XRP

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Key takeaways: Ether has rebounded from key parabolic and triangle support levels, reviving the case for a $10,000 breakout. Historical fractals and RSI recovery mirror past pre-rally setups seen in 2016 and 2020. Altseason signals and strength against rivals like SOL and XRP boost Ethereum’s potential to outperform. Ether (ETH), Ethereum’s native token, has soared … Read more

Microsoft and OpenAI may be renegotiating their partnership

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OpenAI is currently in “a tough negotiation” with its biggest investor and partner, Microsoft, according to the Financial Times. The AI startup recently announced a major change to its corporate restructuring plans — while it still aims to convert its business arm into a for-profit public benefit corporation, its nonprofit board will remain in control. … Read more

The Backbone Pro controller makes mobile gaming worth the hassle

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The mobile controller company Backbone unveiled its Backbone Pro controller this week, which brings iOS and Android gaming experiences to the next level. A successor to the Backbone One controller, the Pro features full-size joysticks, re-mappable buttons, and Bluetooth compatibility, making for a more premium gaming setup. Unlike its predecessor, the Backbone Pro doesn’t need … Read more

AI agents are coming for DeFi — Wallets are the weakest link

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Opinion by: Sean Li, co-founder of Magic Labs Crypto markets run 24/7. Human traders don’t. As AI agents begin to manage liquidity, optimize yield, and execute trades at all hours, they’re quickly becoming essential infrastructure for decentralized finance’s (DeFi) future. While AI agents are evolving from niche tools for quant traders into mainstream financial operators, … Read more