An attacker inflated the value of a tokenized Google share used as collateral to about 78 times its real price, then borrowed against it, leaving roughly $403,000 in bad debt.
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Bernstein said OUSD could become the strongest new challenger to the Circle-Tether duopoly, while flagging unresolved questions around governance, operations and revenue sharing.
It’s the end of an era for the PlayStation store on PS3 and PS Vita, with Sony now planning to shut down its digital distribution service on both consoles. The PlayStation store on PS3 will close in select markets later this year, including Mexico, Honduras, and Nicaragua starting in August, with “additional Latin American and … Read more
Open USD takes a shot at USDC and USDT, with backing from heavy hitters including Visa, Mastercard and Google.
A final wave of MiCA approvals expanded Europe’s roster of licensed crypto firms as the transitional period came to a close.
Sony’s PlayStation 5 Pro doesn’t even feature a disc drive. | Photo by Vjeran Pavic / The Verge Sony has announced that from January 2028 it will entirely stop the production of physical discs for new PlayStation games. From that point onwards, new releases will only be available in digital versions from the PlayStation Store … Read more
The new law puts virtual asset firms under FSC oversight for the first time and sets reserve-and-trust rules for stablecoins.
Rhythm Heaven isn’t Nintendo’s best-known series, nor its most prolific. Prior to the launch of Rhythm Heaven Groove on the Switch this week – it’s out on July 2nd – there were only four previous entries, one of which was exclusive to Japan. The most recent came out more than a decade ago. Even still, … Read more
The Google Home Speaker is Google’s first smart speaker in years. And it’s pretty! | Photo: Jennifer Patison Tuohy / The Verge Smart speakers have spent the past few years searching for a compelling second act. Beyond music, timers, and controlling your lights, they’ve struggled to justify taking up space on the kitchen counter. AI … Read more
Crédit Agricole’s CACEIS launches a euro-pegged stablecoin on Ethereum with 20.02 million tokens issued, targeting institutional flows and tokenized fund access.
Ark Invest has a tendency to “buy the dip,” loading up on shares in cryptocurrency companies when their prices are depressed.
Your day-ahead look for July 1, 2026
The storm developed quickly over west central Illinois on April 17th, first as a single high-intensity system called a supercell, and then later that evening transforming into a long squall line of thunderstorms. Tucked inside a wall of wind were several smaller, quick-forming tornadoes, one of which landed directly on Rivian’s electric vehicle factory on … Read more
Dbrand is the company that shipped a product that told Nintendo’s legal team to “go fuck yourself,” and the company that had a second set of lawyer-dodging PS5 plates ready when Sony threatened to sue over the originals. But on June 29th, the company finally ate some serious humble pie, canceling its Portal-themed Companion Cube … Read more
Bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity.
Bitcoin options flows and a record gold OI suggest traders are bracing for further downside rather than a sustained recovery.
The lending protocol added 1,806 new wallets in a single day, the most since October 2021, according to Santiment. The AAVE token has risen about 20% in a week even as the broader market slides.
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Here are some example shots taken with the QuickSnap Black and White (left), and the QuickSnap Active (right). | Images by Fujifilm Fujifilm is expanding its QuickSnap lineup with a new disposable camera focused on taking monochrome photos and another built to survive harsh outdoor environments. The $22.90 QuickSnap Black and White and the $24.75 … Read more
US spot Bitcoin ETFs logged a record $4.5 billion in June outflows, pushing year-to-date totals to $5.5 billion, signaling an unprecedented pace of withdrawals.
Before signing a contract, a customer’s security team conducted a vendor review, and one question on their list left our ML lead speechless: “Which exact model weights are running in production, and who reviewed the code that loads them?” We answered the first half. We knew the model’s name on Hugging Face. We had no … Read more
Christopher Delgado’s “liquidity pool” fraud took in at least $400 million, with the proceeds spent on mansions, Lamborghinis, and Rolexes.
Getty says it’s “not required” to accept approval conditions that would force Shutterstock to offload its editorial business. | Image: The Verge Getty is planning to axe its $3.7 billion merger agreement with Shutterstock after a UK regulator imposed restrictions that would prevent part of Shutterstock’s business from being included in the deal. The move … Read more