NEAR Intents says its identified the hacker, gives 48-hour ultimatum
“We have identified you, sir,” NEAR Intents general manager Alex Shevchenko said on Friday after the protocol was hacked for $3.8 million. Source:Cointelegraph
SEC moves to clear custody hurdle for advisers offering crypto
Custody requirements have kept some investment advisers from offering certain crypto to clients, a regulatory hurdle the SEC’s proposal could remove.…
China warns foreign spies about crypto, Singapore dominates Asia: Asia Express
Singapore’s crypto economy grows 55%, South Korea set to make crypto market makers legal, and Chinese spy ministry warns wouldbe foreign spies it’s watching…
Trump to host 3rd ‘exclusive’ memecoin event amid corruption claims
The president is scheduled to appear at his golf club in Washington, DC, at a Nov. 22 dinner for his top 185 memecoin holders, following similar events in May…
Illinois will postpone implementation of crypto tax following lawsuit
State officials agreed to delay the 0.2% crypto tax for six months after lawsuits and industry pushback claimed the bill was rushed through the legislature.…
Mark Zuckerberg is coming for Apple’s empire
Apple has a grip on consumer technology through its iPhone business, but Meta is betting that the AI era warrants different types of hardware.…
SEC Proposal Would Address How Investment Advisers and Funds Can Custody Crypto Assets Under the Federal Securities Laws
The Securities and Exchange Commission today proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered…
NEAR Intents suffers $3.8M exploit after assistance with Bitget breach
The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals. Source:Cointelegraph
Crypto for Advisors: The CLARITY Act failed, but the rules came anyway
Source:CoinDesk
NEAR Intents hit by $3.8 million exploit as crypto's rough year of hacks continues
The popular crosschain trading system said it will reimburse losses after a bug affected deposits and withdrawals across several networks. Source:CoinDesk
Google is sending its first AI data center to space
Tech leaders have come to wonder if orbital data centers can help solve the industry’s power crunch. Source:MarketWatch
Why Amazon got a call-up to the Goldman Sachs conviction list of top stocks
What’s in the conviction list: Amazon, Huntington, Occidental, Burlington, Johnson Control. What’s out: Tyson, ConocoPhillips, Golar, Loar, Air Products &…