Month: May 2025

DeFi Platform Cork Protocol Suffers $12M Smart Contract Exploit

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Decentralized finance (DeFi) platform Cork Protocol has suffered a smart contract exploit, with hackers reportedly stealing $12 million worth of wrapped staked ether (wstETH). Blockchain security monitor Cyvers noticed the exploit, stating that the malicious contract was deployed by a wallet likely funded by a service provider. It added that $12 million worth of wstETH … Read more

How to seize the opportunity and compete with an incumbent, with Linear COO Cristina Cordova at TechCrunch Sessions: AI

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A familiar problem is facing new entrants in the AI industry: how do you break through when the incumbents are so entrenched? That’s just one of the questions we’re tackling at TechCrunch Sessions: AI, happening June 5 at UC Berkeley’s Zellerbach Hall. We’re not just offering answers — we’re bringing insights from top experts like … Read more

Elderly crypto investors are getting scammed: Teach them these key safety tips

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Why are seniors being targeted in crypto scams? Scammers prey on seniors because they view them as financially secure, trusting and less familiar with rapidly evolving technology. Let’s understand why seniors are key targets. Perception of wealth: Many older adults have retirement savings or pensions, making them lucrative targets. Lower tech fluency: Navigating crypto wallets, … Read more

Toncoin: Telegram’s Native Cryptocurrency Soars as Ex-Visa Exec Joins TON Foundation

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TON’s remarkable price action featured extraordinary trading volume – approximately 10x the period’s average during peak hours, with strong support forming at $2.97-$2.98 and new resistance established at $3.27. The most dramatic movement occurred in a two-minute window when TON skyrocketed from $3.18 to $3.29, accompanied by volume exceeding 2.1M in a single minute, demonstrating … Read more

Accelerating Neural Networks: The Power of Quantization

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Quantization is a powerful technique widely used in machine learning to reduce the memory footprint and computational requirements of neural networks by converting floating-point numbers into lower-precision integers. This approach helps models run efficiently on embedded devices and edge hardware. In this article, we’ll explore quantization in detail, implementing a simple quantization and dequantization process … Read more

How small businesses can actually benefit from agentic AI, with Tkxel CEO Umair Javed at TechCrunch Sessions: AI

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TechCrunch Sessions: AI takes over UC Berkeley’s Zellerbach Hall in just one week — join us June 5 for a full day of networking, learning sessions, satellite events, and more. And we’re adding another excellent speaker to our already-packed lineup: Tkxel Founder and CEO Umair Javed, who will be exploring the potency and potential for … Read more

Pokémon Legends: Z-A releases this October

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Pokémon Legends: Z-A won’t be a Switch 2 launch title, but its release date isn’t all that far away. Today, Nintendo announced that Pokémon Legends: Z-A and Pokémon Legends: Z-A – Nintendo Switch 2 Edition are scheduled to debut on October 16th. Per The Pokémon Company International’s press release, preorders for digital versions of the … Read more

Bitcoin price will reach $130K or even $1.5M, top bulls say

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Top Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots. Familiar doubters like gold bug Peter Schiff and economist Nouriel Roubini continue to predict a catastrophic ending for the world’s largest cryptocurrency. Meanwhile, Bitcoin spent the year with record-breaking rallies behind renewed institutional … Read more

Conduit Raises $36M to Expand Stablecoin-Based Cross-Border Payments Beyond SWIFT

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Conduit, a cross-border payments firm that uses stablecoins, has raised $36 million in a Series A round to expand its global payment rails, the company said on Wednesday. The round was led by Dragonfly and Altos Ventures, with backing from Circle Ventures and Digital Currency Group among others. Founded in 2021, the Boston-based startup offers … Read more

UK FCA requests public comments on stablecoin, crypto custody regulation

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The United Kingdom’s Financial Conduct Authority (FCA) has requested public feedback on proposed regulations for stablecoins and cryptocurrency custody. In a May 28 request for comment, the United Kingdom’s financial regulator announced that its regulatory proposals are “the latest milestone on the road to crypto regulation.” The draft rules are based on prior roundtables and … Read more

Apple expands Self Service Repair to iPads

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Apple’s Self Service Repair program is expanding to the iPad, the tech giant announced on Wednesday. The program will give iPad owners the tools they need to repair their devices at home. They can get access to repair manuals, genuine Apple parts, Apple Diagnostics troubleshooting sessions, tools, and rental toolkits. Starting Thursday, users who have … Read more

NFT monthly sales break 2025 downward trend in May: CryptoSlam

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Non-fungible tokens (NFTs) caught an uptick in sales in May after months of consistent decline throughout 2025.  Data from CryptoSlam shows that May’s NFT sales climbed to $430 million, up from $373 million in April, a 15% increase. It marks the first monthly sales increase this year, suggesting renewed interest in digital collectibles.  This follows … Read more

SHIB Stalls Below Key Resistance as Whale Activity Collapses 83%.

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The cryptocurrency market continues to navigate choppy waters as global economic tensions weigh on investor sentiment. Shiba Inu has established a resistance zone around $0.00001467-$0.00001470, where high-volume selling has prevented upward movement, according to CoinDesk Research’s technical analysis data model. The formation of lower highs since recent peaks indicates increasing bearish pressure, though the token … Read more

CoinDesk 20 Performance Update: Solana (SOL) Drops 2.1% as Index Trades Lower

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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 3271.42, down 0.8% (-26.09) since 4 p.m. ET on Tuesday. Eleven of 20 assets are trading higher. Leaders: UNI (+5.5%) and DOT (+1.3%).Laggards: SOL (-2.1%) and AAVE (-1.8%). The … Read more

Privacy Crypto Dero Targeted With New Self-Spreading Malware

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A newly discovered Linux malware campaign is compromising unsecured Docker infrastructure worldwide, turning exposed servers into part of a decentralized cryptojacking network that mines the privacy coin Dero DERO. According to a report by cybersecurity firm Kaspersky, the attack begins by exploiting publicly exposed Docker APIs over port 2375. Once access is gained, the malware … Read more