Finance

Chainalysis on Wednesday disclosed a wider impact from a cyberattack it initially described as involving only non-sensitive customer information. “On Monday, we discovered certain customer information including names, usernames, password hashes and live tokens for all Chainalysis users were exposed to a malicious actor,” the blockchain analytics firm said in an update to its incident … Read more

American Bitcoin reported a quarterly net income of $126 million on Wednesday, but rising mining costs and falling profits from mining raise questions about its long-term strategy as major rivals pivot towards artificial intelligence. The Eric Trump-backed company’s profit was driven by a $197.3 million noncash gain on its Bitcoin (BTC) holdings. Meanwhile, mining revenue … Read more

Core Scientific said it expects to exit Bitcoin mining by the end of 2026 as it shifts its business toward artificial intelligence and high-performance computing infrastructure.  “We expect to complete the wind-down during the fourth quarter and enter 2027 as a pure-play, high-density colocation provider,” said Core Scientific chief financial officer Jim Nygaard during a … Read more

India warns AI-powered hackers targeting crypto exchanges at ‘machine speed’ India’s national cybersecurity agency warned that an AI-assisted threat actor has escalated its attacks on cryptocurrency exchanges and other financial businesses, stealing wallet keys and siphoning funds. The Indian Computer Emergency Response Team (CERT-In) on Wednesday designated the threat actor as “CRAFTY FALCON” and explicitly … Read more

Exchanges Binance and Deribit said Thursday they had revoked API keys connected to crypto derivatives trading platform SignalPlus as a precaution following a security breach. Both exchanges said their own systems were unaffected, while Deribit warned that trading, monitoring and automation through SignalPlus had stopped working for its customers. Binance co-founder Yi He also urged … Read more

AI agents could drive blockchain’s next adoption cycle by creating demand for systems to verify their identities and reputations, according to VeChain co-founder and CEO Sunny Lu. Autonomous AI agents operating around the clock would require a “new accountability system” to build public trust, Lu said during Cointelegraph’s Chain Reaction show on Wednesday. “The perfect … Read more

SkyBridge Capital founder Anthony Scaramucci blamed US President Donald Trump’s crypto business interests and memecoin launches for derailing the CLARITY Act, saying they cost the legislation Democratic support. Speaking with Cointelegraph at SALT London, Scaramucci said the memecoin launches shortly before Trump’s January 2025 inauguration undermined bipartisan momentum for crypto regulation following the 2024 election. … Read more

South Korea’s government has backed postponing tax on cryptocurrency gains by another two years to 2029, in what would be the fourth delay to its implementation. Finance Minister Lee Hyoung-il announced the proposal Thursday, saying the government would consult lawmakers on postponing the January 2027 implementation date. The tax would impose a 22% levy, comprising … Read more

French banking group Crédit Mutuel Arkéa said nearly all operations resumed Wednesday after a cyberattack linked to a suspected theft from the bank’s own account. The bank said operations resumed following security checks and additional safeguards. It said customer funds were unaffected and the disruption only delayed certain transfers.  The bank also disclosed that attackers … Read more