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From “absolute control” to zero-knowledge proofs: the BIS rewrites its CBDC sales pitch
The Bank for International Settlements (BIS) has published results from the second phase of Project Aurum. The second phase of Project Aurum suggests that user privacy should rely on more than the central bank’s pledge not to look. What does the Aurum prototype actually do? The Bank for International Settlements (BIS) says Project Aurum Phase...Cryptopolitan
Tue, Oct 13
Ledger reveals how hidden chip stole recovery phrases in $93M hack
Ledger revealed that a secret chip embedded in hardware wallets from its reseller CryptoBilis captured 24-word recovery phrases from the screen and transmitted them via the cellular network to the attacker, which researchers estimated to cost between $84.2 million and $93.2 million. The French firm revealed the details of the attack vector for the first...Cryptopolitan
Tue, Oct 13
Metaplanet borrows to fund buybacks, repay loans as ¥52B bond buys zero Bitcoin
Early Tuesday, Metaplanet (TYO: 3350) announced plans to use the ¥52 billion ($340 million) it raises from its new zero-coupon convertible bonds to pay down Bitcoin-backed loans and buy back its own shares. The October 13 filing with the Tokyo Stock Exchange confirmed that the funds from the zero-coupon convertible bonds maturing in 2031 issued...Cryptopolitan
Tue, Oct 13
Broadcom's Hock Tan calls the AI trade a casino, then helps fund the bets
Broadcom (NASDAQ: AVGO) CEO Hock Tan told a Singapore audience on October 12 that many AI investors behave like casino gamblers. Tan’s comment helped drag Asian chip stocks lower on Tuesday. His own company, meanwhile, is arranging billions in loans so its customers can keep buying the chips he says they barely understand. What are...Cryptopolitan
Tue, Oct 13
Anthropic warns that rogue AI models might be able to self-replicate across home devices very soon
Anthropic’s Frontier Red Team has stated that compact AI models may be only months away from copying themselves across cheap, internet-connected household gadgets, with no data center involved. The researchers have warned that this scenario will prove to be very difficult to control, as the models will be hard to shut down since nothing central...Cryptopolitan
Tue, Oct 13
US BTC activity shows signs of weakness as demand diverges
Demand for BTC is diverging, with signs of weakening US activity. While Binance remains a venue for whales, the Coinbase premium points to weakening US interest. US demand for BTC, as measured by the Coinbase premium, is at the lowest level since July. The negative price differential is at 0.19%, a small disparity but a...Cryptopolitan
Tue, Oct 13
UK crypto trader robbed of $800K at knifepoint in home invasion
A UK crypto trader going by @rrealist on X put British crypto holders on alert late Monday after he became the victim of an $800,000 crypto robbery, the latest in a run of such attacks in the country. According to the trader, he was taped up and threatened with three knives in his face during...Cryptopolitan
Tue, Oct 13
Crypto Today: Bitcoin, Ethereum, XRP edge higher despite capital outflows via ETFs
Cryptocurrency prices are broadly recovering on Tuesday, as bulls stage a comeback. Bitcoin (BTC) leads the bullish return, rising above $84,000 ahead of the United States (US) Consumer Price Index (CPI) report on Wednesday.
Character.AI goes bankrupt after Big Tech’s “license and hire” playbook leaves the shell behind
Roughly one year after Character.AI’s leaders and technology were absorbed by Google and then Disney, the AI companion firm has now filed for Chapter 11 bankruptcy, with the courts now set to sell the shell of the company that remains. The Chapter 11 bankruptcy proceedings that Character Technologies Inc., which does business as Character.AI, filed...Cryptopolitan
Tue, Oct 13
Pi Network Price Forecast: Rebound hints at a double-bottom reversal
Pi Network (PI) shows a 3% recovery so far on Tuesday after losing over 4% the previous day. Pi node operators face a deadline to adopt Protocol 28 by Tuesday, a key step in the network’s development. The technical outlook for PI remains bearish, with momentum showing a downside bias.Fxstreet
Tue, Oct 13
Bitwise’s Matt Hougan sees NEAR soaring 40x by 2030 in bullish base case
Bitwise’s Chief Investment Officer, Matt Hougan, says NEAR could climb to 40 times its current value by 2030. He said the project’s base-case outlook points to $155.85 by 2030, while the maximum projection stands at $562.81, more than 100x the token’s current value. In the worst-case scenario, the price could drop to $1.63, he stated....Cryptopolitan
Tue, Oct 13
Omron buys OnLogic for $675M in physical AI push
The Japanese factory automation company Omron has made a strategic acquisition by purchasing OnLogic, a manufacturer of industrial computers in the US, and its parent company Interlogic for $675 million. The transaction will help expand the company’s stake in physical AI characterized by machines taking real-time decisions right on the factory floor. The announcement of...Cryptopolitan
Tue, Oct 13
South Korea’s FIU Blocks 27 Unregistered Crypto Exchange Websites
South Korea’s Financial Intelligence Unit (FIU) announced on Tuesday that it will block domestic access to the websites of 27 unregistered offshore crypto exchange platforms. KuCoin, MEXC, Phemex, BingX, BitMart, XT.com, Bitrue, CoinW and BTCC are among the list of platforms. The Korea Communications Standards Commission (KCSC), the country’s internet regulator, made the actual decision...Cryptopolitan
Tue, Oct 13
Blur to shut frontend as NFT trading volume collapses
Blur, the NFT trading platform, will shut its operations and stop Blend matching new loans starting November 12, 2026, as announced on October 12. This development occurs in light of ongoing declines in NFT trading and creates a new level of uncertainty for BLUR owners and borrowers. The frontend goes dark, the protocol stays onchain...Cryptopolitan
Tue, Oct 13
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