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US Banks Allowed to Provide Crypto Custody ServicesThe US Office of the Comptroller of the Currency (OCC) has officially stated that national banks and federal savings associations can offer crypto custody and execution services for customers. These financial institutions are permitted to buy and sell crypto assets as directed by customers, and they can also delegate these services to third parties. The OCC's announcement outlines that banks can provide additional services such as asset settlement, trade execution, recordkeeping, valuation, and tax reporting, as long as they comply with relevant laws and customer agreements. The guidance emphasizes the importance of strong risk management practices when working with sub-custodians to store and manage crypto assets. By clarifying the regulatory framework, the OCC's decision enables banks to expand their digital asset services while ensuring compliance and customer protection. Read more AI-generated news on: https://app.chaingpt.org/news

US Banks Allowed to Provide Crypto Custody Services

The US Office of the Comptroller of the Currency (OCC) has officially stated that national banks and federal savings associations can offer crypto custody and execution services for customers. These financial institutions are permitted to buy and sell crypto assets as directed by customers, and they can also delegate these services to third parties. The OCC's announcement outlines that banks can provide additional services such as asset settlement, trade execution, recordkeeping, valuation, and tax reporting, as long as they comply with relevant laws and customer agreements. The guidance emphasizes the importance of strong risk management practices when working with sub-custodians to store and manage crypto assets. By clarifying the regulatory framework, the OCC's decision enables banks to expand their digital asset services while ensuring compliance and customer protection. Read more AI-generated news on: https://app.chaingpt.org/news
Stripe Introduces Stablecoin-Based Accounts to Clients WorldwideStripe, a global payments platform, has launched stablecoin-based accounts for clients in over 100 countries. This new feature enables clients to manage US-dollar stablecoin balances, similar to traditional bank accounts. The accounts will support Circle's USDC and Bridge's USDB stablecoins, with Stripe acquiring Bridge in October 2024. Available in countries like Argentina, Chile, and Turkey, the product aims to provide a stable store of value in regions with high inflation and limited financial infrastructure. By leveraging stablecoins and blockchain technology, Stripe is helping to bank the unbanked in developing economies. The integration of USD stablecoin payments in 2024 saw significant demand in 70 countries. Latin American residents are increasingly using stablecoins for online transactions. This move aligns with the broader trend of utilizing cryptocurrencies for financial inclusion and cross-border payments. Read more AI-generated news on: https://app.chaingpt.org/news

Stripe Introduces Stablecoin-Based Accounts to Clients Worldwide

Stripe, a global payments platform, has launched stablecoin-based accounts for clients in over 100 countries. This new feature enables clients to manage US-dollar stablecoin balances, similar to traditional bank accounts. The accounts will support Circle's USDC and Bridge's USDB stablecoins, with Stripe acquiring Bridge in October 2024. Available in countries like Argentina, Chile, and Turkey, the product aims to provide a stable store of value in regions with high inflation and limited financial infrastructure. By leveraging stablecoins and blockchain technology, Stripe is helping to bank the unbanked in developing economies. The integration of USD stablecoin payments in 2024 saw significant demand in 70 countries. Latin American residents are increasingly using stablecoins for online transactions. This move aligns with the broader trend of utilizing cryptocurrencies for financial inclusion and cross-border payments. Read more AI-generated news on: https://app.chaingpt.org/news
Blockchain Expansion and Political Scrutiny in the Crypto WorldRobinhood is developing a blockchain for tokenized securities in Europe, while Ethereum introduces smart accounts. Democrats target Trump's crypto ventures with new bills and inquiries. Robinhood aims to enable European retail investors to trade US securities through a blockchain network. Tokenization of securities offers advantages like reduced costs and faster transactions. Ethereum's Pectra upgrade includes EIPs for smart contracts and scalability. US Democrats introduce the MEME Act to prevent officials from profiting from memecoins. Trump faces scrutiny over his crypto ventures with inquiries into the TRUMP token and World Liberty Financial platform. The legislation aims to restrict officials from issuing or promoting digital assets. The political landscape surrounding crypto ventures is evolving with new regulations and inquiries. Read more AI-generated news on: https://app.chaingpt.org/news

Blockchain Expansion and Political Scrutiny in the Crypto World

Robinhood is developing a blockchain for tokenized securities in Europe, while Ethereum introduces smart accounts. Democrats target Trump's crypto ventures with new bills and inquiries. Robinhood aims to enable European retail investors to trade US securities through a blockchain network. Tokenization of securities offers advantages like reduced costs and faster transactions. Ethereum's Pectra upgrade includes EIPs for smart contracts and scalability. US Democrats introduce the MEME Act to prevent officials from profiting from memecoins. Trump faces scrutiny over his crypto ventures with inquiries into the TRUMP token and World Liberty Financial platform. The legislation aims to restrict officials from issuing or promoting digital assets. The political landscape surrounding crypto ventures is evolving with new regulations and inquiries. Read more AI-generated news on: https://app.chaingpt.org/news
Reviving Dev Interest in Aptos NetworkThe Aptos network experienced a surge in developer interest following a viral social media campaign led by BuzzlamicJihad. The pseudonymous user's meme-led initiative caused Aptos to gain value and attracted attention from the community. Ash Pampati, Aptos' ecosystem head, acknowledged Buzz's marketing prowess and expressed openness to hiring him. Despite initial skepticism, Buzz's campaign translated into tangible benefits for Aptos, generating new developer interest and creating awareness within the crypto industry. The campaign, characterized by catchy catchphrases and memes, turned Aptos into a meme itself. Pampati emphasized the importance of organic community-driven marketing, citing Solana's successful recovery post-FTX collapse as an example. Aptos aims to leverage BuzzlamicJihad's campaign to revitalize the network, which has seen a significant decline from its peak in 2023. Read more AI-generated news on: https://app.chaingpt.org/news

Reviving Dev Interest in Aptos Network

The Aptos network experienced a surge in developer interest following a viral social media campaign led by BuzzlamicJihad. The pseudonymous user's meme-led initiative caused Aptos to gain value and attracted attention from the community. Ash Pampati, Aptos' ecosystem head, acknowledged Buzz's marketing prowess and expressed openness to hiring him. Despite initial skepticism, Buzz's campaign translated into tangible benefits for Aptos, generating new developer interest and creating awareness within the crypto industry. The campaign, characterized by catchy catchphrases and memes, turned Aptos into a meme itself. Pampati emphasized the importance of organic community-driven marketing, citing Solana's successful recovery post-FTX collapse as an example. Aptos aims to leverage BuzzlamicJihad's campaign to revitalize the network, which has seen a significant decline from its peak in 2023. Read more AI-generated news on: https://app.chaingpt.org/news
Ethical Concerns Surrounding Trump's Memecoin HoldersA recent Bloomberg report revealed that many of the top holders of Donald Trump's memecoin, who are eligible for a private dinner with the president, may be based outside the US. The analysis showed that 19 out of the top 25 wallets used foreign exchanges, indicating foreign nationals or Americans living abroad. Additionally, over half of the top 220 holders also utilized exchanges in other countries. The identities of these holders and potential dinner attendees remain unknown, but strict criteria, including background checks and exclusion of individuals from certain countries, have been set. Lawmakers have expressed concerns about potential foreign influence and corruption, with calls for impeachment and delays in crypto-related legislation. Trump's memecoin launch and its impact on his presidency have sparked investment and ethical debates, with companies seeking to leverage the token for political gain. Read more AI-generated news on: https://app.chaingpt.org/news

Ethical Concerns Surrounding Trump's Memecoin Holders

A recent Bloomberg report revealed that many of the top holders of Donald Trump's memecoin, who are eligible for a private dinner with the president, may be based outside the US. The analysis showed that 19 out of the top 25 wallets used foreign exchanges, indicating foreign nationals or Americans living abroad. Additionally, over half of the top 220 holders also utilized exchanges in other countries. The identities of these holders and potential dinner attendees remain unknown, but strict criteria, including background checks and exclusion of individuals from certain countries, have been set. Lawmakers have expressed concerns about potential foreign influence and corruption, with calls for impeachment and delays in crypto-related legislation. Trump's memecoin launch and its impact on his presidency have sparked investment and ethical debates, with companies seeking to leverage the token for political gain. Read more AI-generated news on: https://app.chaingpt.org/news
Visa Invests in BVNK for Stablecoin Payment InfrastructureVisa has made a strategic investment in BVNK, a London-based startup focusing on stablecoin payment infrastructure, showcasing its ongoing interest in digital asset innovation. BVNK recently announced that Visa Ventures arm has provided more than just capital, describing the investment as a partnership. Visa's Rubail Birwadker highlighted the increasing role of stablecoins in global payment flows and emphasized Visa's commitment to supporting new technologies like BVNK. This investment follows BVNK's successful $50 million Series B funding round led by Haun Ventures, with plans to expand into the US market. Visa's expanding involvement in the crypto space includes enabling instant deposits and withdrawals with Coinbase and launching the Visa Tokenized Asset Platform for managing tokenized assets. The partnership signifies Visa's proactive approach to embracing the evolving landscape of digital payments. Read more AI-generated news on: https://app.chaingpt.org/news

Visa Invests in BVNK for Stablecoin Payment Infrastructure

Visa has made a strategic investment in BVNK, a London-based startup focusing on stablecoin payment infrastructure, showcasing its ongoing interest in digital asset innovation. BVNK recently announced that Visa Ventures arm has provided more than just capital, describing the investment as a partnership. Visa's Rubail Birwadker highlighted the increasing role of stablecoins in global payment flows and emphasized Visa's commitment to supporting new technologies like BVNK. This investment follows BVNK's successful $50 million Series B funding round led by Haun Ventures, with plans to expand into the US market. Visa's expanding involvement in the crypto space includes enabling instant deposits and withdrawals with Coinbase and launching the Visa Tokenized Asset Platform for managing tokenized assets. The partnership signifies Visa's proactive approach to embracing the evolving landscape of digital payments. Read more AI-generated news on: https://app.chaingpt.org/news
Enhancing Web3 Security with Open-Source TEE FrameworkSafeheron, a digital asset infrastructure provider based in Singapore, has unveiled an open-source Trusted Execution Environment (TEE) framework to enhance security and privacy in Web3 sectors like DeFi, payment services, and decentralized autonomous organizations. The TEE framework, developed using modern C++ and Intel SGX SDK, creates secure enclaves within CPUs to protect code and data from external attacks. Safeheron's decision to open-source the framework stems from concerns about closed systems hindering innovation in the industry. Notable Web3 sectors utilizing TEEs include privacy-focused blockchains, DeFi, and payment services. Safeheron's framework enables clients to create enclaves using cloud services that support Intel SGX servers. With over 100 clients, including MetaMask and Amber Group, Safeheron raised $7 million in funding to further research and development. Ethereum co-founder Vitalik Buterin also proposed integrating TEEs into the Ethereum ecosystem for enhanced user privacy. Read more AI-generated news on: https://app.chaingpt.org/news

Enhancing Web3 Security with Open-Source TEE Framework

Safeheron, a digital asset infrastructure provider based in Singapore, has unveiled an open-source Trusted Execution Environment (TEE) framework to enhance security and privacy in Web3 sectors like DeFi, payment services, and decentralized autonomous organizations. The TEE framework, developed using modern C++ and Intel SGX SDK, creates secure enclaves within CPUs to protect code and data from external attacks. Safeheron's decision to open-source the framework stems from concerns about closed systems hindering innovation in the industry. Notable Web3 sectors utilizing TEEs include privacy-focused blockchains, DeFi, and payment services. Safeheron's framework enables clients to create enclaves using cloud services that support Intel SGX servers. With over 100 clients, including MetaMask and Amber Group, Safeheron raised $7 million in funding to further research and development. Ethereum co-founder Vitalik Buterin also proposed integrating TEEs into the Ethereum ecosystem for enhanced user privacy. Read more AI-generated news on: https://app.chaingpt.org/news
Evolution of Threat Group COLDRIVER: New Malware LOSTKEYSAccording to a recent report from Google Threat Intelligence, threat group COLDRIVER has been using a new malware, LOSTKEYS, to steal documents from Western targets. This malware marks a shift from credential phishing to more advanced attacks. The installation process of LOSTKEYS involves several steps, including a fake CAPTCHA lure website, PowerShell script download, device evasion, and payload retrieval. Once installed, LOSTKEYS can steal files, send system information to COLDRIVER, and operate from the address '165.227.148[.]68'. Google has taken measures to mitigate the impact of this malware by adding malicious websites to its 'Safe Browsing' feature. COLDRIVER, a Russian-backed group, targets high-profile Western individuals like diplomats and journalists. In 2024, they launched an attack using the 'Spica' malware. Crypto hacks have been on the rise in 2025, with losses exceeding $2 billion in the first quarter alone, attributed to operational flaws and social engineering tactics. Read more AI-generated news on: https://app.chaingpt.org/news

Evolution of Threat Group COLDRIVER: New Malware LOSTKEYS

According to a recent report from Google Threat Intelligence, threat group COLDRIVER has been using a new malware, LOSTKEYS, to steal documents from Western targets. This malware marks a shift from credential phishing to more advanced attacks. The installation process of LOSTKEYS involves several steps, including a fake CAPTCHA lure website, PowerShell script download, device evasion, and payload retrieval. Once installed, LOSTKEYS can steal files, send system information to COLDRIVER, and operate from the address '165.227.148[.]68'. Google has taken measures to mitigate the impact of this malware by adding malicious websites to its 'Safe Browsing' feature. COLDRIVER, a Russian-backed group, targets high-profile Western individuals like diplomats and journalists. In 2024, they launched an attack using the 'Spica' malware. Crypto hacks have been on the rise in 2025, with losses exceeding $2 billion in the first quarter alone, attributed to operational flaws and social engineering tactics. Read more AI-generated news on: https://app.chaingpt.org/news
Ethereum's Pectra Upgrade and US Democrats' Crypto AssaultEthereum developers have activated the Pectra upgrade, introducing smart accounts, higher staking limits, and improved scalability through key Ethereum improvement proposals. US Democrats have launched an attack on President Donald Trump's involvement in memecoin and crypto ventures. New Hampshire has approved state crypto investments. The Pectra upgrade on Ethereum's mainnet includes EIP-7702, EIP-7251, and EIP-7691. EIP-7702 allows externally owned accounts to act as smart contracts, covering gas expenses and payments in non-Ether tokens. EIP-7251 increases the validator staking limit, while EIP-7691 enhances layer-2 scalability. US Democrats introduced the MEME Act to prevent federal officials from profiting from memecoins. New Hampshire allows government crypto investments. The state aims to invest in cryptocurrencies with a market capitalization exceeding $500 billion. New Hampshire leads in digital asset commerce, becoming the first state to establish a strategic Bitcoin reserve. Read more AI-generated news on: https://app.chaingpt.org/news

Ethereum's Pectra Upgrade and US Democrats' Crypto Assault

Ethereum developers have activated the Pectra upgrade, introducing smart accounts, higher staking limits, and improved scalability through key Ethereum improvement proposals. US Democrats have launched an attack on President Donald Trump's involvement in memecoin and crypto ventures. New Hampshire has approved state crypto investments. The Pectra upgrade on Ethereum's mainnet includes EIP-7702, EIP-7251, and EIP-7691. EIP-7702 allows externally owned accounts to act as smart contracts, covering gas expenses and payments in non-Ether tokens. EIP-7251 increases the validator staking limit, while EIP-7691 enhances layer-2 scalability. US Democrats introduced the MEME Act to prevent federal officials from profiting from memecoins. New Hampshire allows government crypto investments. The state aims to invest in cryptocurrencies with a market capitalization exceeding $500 billion. New Hampshire leads in digital asset commerce, becoming the first state to establish a strategic Bitcoin reserve. Read more AI-generated news on: https://app.chaingpt.org/news
Empowering Women in Web3Women in the Web3 industry emphasize the importance of clarity, education, and community to attract more female participation in the crypto space. During the Blockchain Baddies event at Token2049 in Dubai, women shared their experiences and highlighted the need for women in shaping the future of crypto. They stress the significance of simplifying technical concepts and creating inclusive learning environments. By demystifying crypto and enhancing user-friendly tools, more opportunities can be unlocked for women in Web3. Community members like Caroline York and Saima Tariq Khan advocate for clear information and educational initiatives to increase female representation. Paloma Soria Brown emphasizes financial literacy as a starting point, while Abigail Xavier underscores the role of companies in making crypto more accessible to women. Overall, the industry aims to foster a welcoming and empowering environment for women to thrive in Web3. Read more AI-generated news on: https://app.chaingpt.org/news

Empowering Women in Web3

Women in the Web3 industry emphasize the importance of clarity, education, and community to attract more female participation in the crypto space. During the Blockchain Baddies event at Token2049 in Dubai, women shared their experiences and highlighted the need for women in shaping the future of crypto. They stress the significance of simplifying technical concepts and creating inclusive learning environments. By demystifying crypto and enhancing user-friendly tools, more opportunities can be unlocked for women in Web3. Community members like Caroline York and Saima Tariq Khan advocate for clear information and educational initiatives to increase female representation. Paloma Soria Brown emphasizes financial literacy as a starting point, while Abigail Xavier underscores the role of companies in making crypto more accessible to women. Overall, the industry aims to foster a welcoming and empowering environment for women to thrive in Web3. Read more AI-generated news on: https://app.chaingpt.org/news
Challenges and Solutions for SocialFi AdoptionAnurag Arjun, co-founder of Avail, discusses the challenges facing SocialFi adoption. Despite the promise of user control and monetization, decentralized social networks struggle to attract mainstream users due to technical limitations. Blockchain infrastructure lacks the high-throughput capabilities needed for social networking, resulting in slow transaction speeds and high fees. Additionally, SocialFi platforms fail to provide a seamless user experience comparable to Web2 counterparts, leading to high abandonment rates. To overcome these challenges, the article suggests purpose-built infrastructure and modular blockchain architecture to enhance scalability and user experience. By addressing technical and user experience barriers, SocialFi can offer unique advantages over traditional platforms, such as true ownership of content and fair value distribution. The article emphasizes the importance of creating a frictionless and user-centric social networking experience in the Web3 era. Read more AI-generated news on: https://app.chaingpt.org/news

Challenges and Solutions for SocialFi Adoption

Anurag Arjun, co-founder of Avail, discusses the challenges facing SocialFi adoption. Despite the promise of user control and monetization, decentralized social networks struggle to attract mainstream users due to technical limitations. Blockchain infrastructure lacks the high-throughput capabilities needed for social networking, resulting in slow transaction speeds and high fees. Additionally, SocialFi platforms fail to provide a seamless user experience comparable to Web2 counterparts, leading to high abandonment rates. To overcome these challenges, the article suggests purpose-built infrastructure and modular blockchain architecture to enhance scalability and user experience. By addressing technical and user experience barriers, SocialFi can offer unique advantages over traditional platforms, such as true ownership of content and fair value distribution. The article emphasizes the importance of creating a frictionless and user-centric social networking experience in the Web3 era. Read more AI-generated news on: https://app.chaingpt.org/news
Challenges Ahead for Pi Network in Q2 2025Pi Network, a well-known cryptocurrency project with a large user base, is facing significant challenges in the second quarter of 2025. Despite a decrease in public interest, many supporters are hopeful for a price surge. However, a substantial number of Pi tokens are set to be unlocked in the upcoming months, potentially impacting the coin's recovery. Data from PiScan indicates that a considerable amount of Pi tokens will be released from May to July, leading to increased supply and downward pressure on the price. The surge in tokens held on exchanges further adds to the selling pressure. Additionally, the lack of liquidity growth coupled with a drastic drop in trading volume raises concerns about the market's ability to absorb the new supply. Despite these obstacles, the Pi community remains optimistic, fueled by rumors of a potential listing on Binance and upcoming events featuring the founder of Pi Network. Read more AI-generated news on: https://app.chaingpt.org/news

Challenges Ahead for Pi Network in Q2 2025

Pi Network, a well-known cryptocurrency project with a large user base, is facing significant challenges in the second quarter of 2025. Despite a decrease in public interest, many supporters are hopeful for a price surge. However, a substantial number of Pi tokens are set to be unlocked in the upcoming months, potentially impacting the coin's recovery. Data from PiScan indicates that a considerable amount of Pi tokens will be released from May to July, leading to increased supply and downward pressure on the price. The surge in tokens held on exchanges further adds to the selling pressure. Additionally, the lack of liquidity growth coupled with a drastic drop in trading volume raises concerns about the market's ability to absorb the new supply. Despite these obstacles, the Pi community remains optimistic, fueled by rumors of a potential listing on Binance and upcoming events featuring the founder of Pi Network. Read more AI-generated news on: https://app.chaingpt.org/news
Impact of Fan Token Prices on Match OutcomesThe Inter Milan Fan Token surged by 10.5% following their victory over Barcelona, showcasing a direct correlation between match results and token prices. PSG and AFC fan tokens also displayed breakout patterns ahead of the Champions League semifinal. Crypto betting odds favor PSG over Inter Milan, influencing trading volumes and short-term price movements. Fan tokens are digital assets owned by fans of specific sports teams, clubs, or players. Price data revealed significant volatility during the match, with price drops and rebounds tied to scoreline changes. The Barcelona Fan Token experienced a similar trend. As PSG faces Arsenal in the semifinal, trading volumes for PSG and AFC tokens have surged, indicating potential price volatility. A PSG win could lead to a breakout in token price, while an Arsenal victory may impact AFC's price targets. Overall, the article emphasizes the speculative nature of fan token trading and advises readers to conduct thorough research before investing. Read more AI-generated news on: https://app.chaingpt.org/news

Impact of Fan Token Prices on Match Outcomes

The Inter Milan Fan Token surged by 10.5% following their victory over Barcelona, showcasing a direct correlation between match results and token prices. PSG and AFC fan tokens also displayed breakout patterns ahead of the Champions League semifinal. Crypto betting odds favor PSG over Inter Milan, influencing trading volumes and short-term price movements. Fan tokens are digital assets owned by fans of specific sports teams, clubs, or players. Price data revealed significant volatility during the match, with price drops and rebounds tied to scoreline changes. The Barcelona Fan Token experienced a similar trend. As PSG faces Arsenal in the semifinal, trading volumes for PSG and AFC tokens have surged, indicating potential price volatility. A PSG win could lead to a breakout in token price, while an Arsenal victory may impact AFC's price targets. Overall, the article emphasizes the speculative nature of fan token trading and advises readers to conduct thorough research before investing. Read more AI-generated news on: https://app.chaingpt.org/news
Enhancing Transaction Privacy with Tornado CashTornado Cash, a decentralized crypto mixer, was created to boost transaction privacy on public blockchains. Launched in 2019 by Roman Storm and Roman Semenov on Ethereum, it allows users to send and receive cryptocurrency anonymously. Unlike centralized mixers, Tornado Cash operates solely onchain through smart contracts, ensuring no central party controls the funds. When users deposit crypto, Tornado Cash generates a cryptographic note for later withdrawal to a different address. Initially supporting Ethereum, it has expanded to other EVM-compatible chains. Despite facing legal issues due to illicit fund laundering, sanctions were lifted in 2025. The saga sparked debates on privacy, regulation, and the future of DeFi. The lifting of sanctions restores access to financial privacy tools, but challenges remain in balancing privacy with regulatory oversight. Tornado Cash's resilience highlights the complexities of regulating decentralized systems while recognizing code as distinct from traditional entities. Read more AI-generated news on: https://app.chaingpt.org/news

Enhancing Transaction Privacy with Tornado Cash

Tornado Cash, a decentralized crypto mixer, was created to boost transaction privacy on public blockchains. Launched in 2019 by Roman Storm and Roman Semenov on Ethereum, it allows users to send and receive cryptocurrency anonymously. Unlike centralized mixers, Tornado Cash operates solely onchain through smart contracts, ensuring no central party controls the funds. When users deposit crypto, Tornado Cash generates a cryptographic note for later withdrawal to a different address. Initially supporting Ethereum, it has expanded to other EVM-compatible chains. Despite facing legal issues due to illicit fund laundering, sanctions were lifted in 2025. The saga sparked debates on privacy, regulation, and the future of DeFi. The lifting of sanctions restores access to financial privacy tools, but challenges remain in balancing privacy with regulatory oversight. Tornado Cash's resilience highlights the complexities of regulating decentralized systems while recognizing code as distinct from traditional entities. Read more AI-generated news on: https://app.chaingpt.org/news
DeFi Hacker Moves Stolen Ether to Tornado Cash After HibernationA hacker involved in the $4.67 million exploit of the decentralized finance lending protocol Voltage Finance in 2022 has transferred some of the stolen Ether to Tornado Cash after a brief period of inactivity. CertiK, a blockchain security firm, revealed that 100 Ether, valued at $182,783, was moved from a different address linked to the hacker. The exploit in March 2022 utilized a vulnerability in the ERC677 token standard, enabling the hacker to drain the lending pool through a reentrancy attack. Following the incident, Voltage Finance reported the theft of stablecoins and cryptocurrencies. The hacker's dormant address was traced back to Tornado Cash, with previous transactions dating back 166 days. Voltage Finance offered a bounty to recover the funds and experienced another exploit in March, resulting in a total loss of $322,000. Read more AI-generated news on: https://app.chaingpt.org/news

DeFi Hacker Moves Stolen Ether to Tornado Cash After Hibernation

A hacker involved in the $4.67 million exploit of the decentralized finance lending protocol Voltage Finance in 2022 has transferred some of the stolen Ether to Tornado Cash after a brief period of inactivity. CertiK, a blockchain security firm, revealed that 100 Ether, valued at $182,783, was moved from a different address linked to the hacker. The exploit in March 2022 utilized a vulnerability in the ERC677 token standard, enabling the hacker to drain the lending pool through a reentrancy attack. Following the incident, Voltage Finance reported the theft of stablecoins and cryptocurrencies. The hacker's dormant address was traced back to Tornado Cash, with previous transactions dating back 166 days. Voltage Finance offered a bounty to recover the funds and experienced another exploit in March, resulting in a total loss of $322,000. Read more AI-generated news on: https://app.chaingpt.org/news
Revolutionizing Ethereum Staking with Distributed Validator TechnologyEthereum staking faces a turning point with increasing institutional adoption but persistent challenges in decentralization, security, and scalability. The Obol Collective introduces Distributed Validator Technology (DVT) to address these issues by distributing validator responsibilities across multiple nodes, enhancing security, fault tolerance, and slashing resistance. This innovative approach eliminates single points of failure and offers advantages like secure reward splitting, easy integration, and superior performance. Obol's DVT has been embraced by key players in the Ethereum ecosystem, such as Bitcoin Suisse, Lido, and StakeWise, for its robustness, security, and performance. The introduction of the OBOL token further strengthens the ecosystem by facilitating governance, funding initiatives, and aligning incentives. With a focus on decentralization and democratization, Obol is set to shape the future of Ethereum staking and decentralized applications, becoming the industry standard for secure and scalable infrastructure. Read more AI-generated news on: https://app.chaingpt.org/news

Revolutionizing Ethereum Staking with Distributed Validator Technology

Ethereum staking faces a turning point with increasing institutional adoption but persistent challenges in decentralization, security, and scalability. The Obol Collective introduces Distributed Validator Technology (DVT) to address these issues by distributing validator responsibilities across multiple nodes, enhancing security, fault tolerance, and slashing resistance. This innovative approach eliminates single points of failure and offers advantages like secure reward splitting, easy integration, and superior performance. Obol's DVT has been embraced by key players in the Ethereum ecosystem, such as Bitcoin Suisse, Lido, and StakeWise, for its robustness, security, and performance. The introduction of the OBOL token further strengthens the ecosystem by facilitating governance, funding initiatives, and aligning incentives. With a focus on decentralization and democratization, Obol is set to shape the future of Ethereum staking and decentralized applications, becoming the industry standard for secure and scalable infrastructure. Read more AI-generated news on: https://app.chaingpt.org/news
AI Vulnerability Explored in ElizaOS FrameworkA recent study by Princeton University and the Sentient Foundation revealed vulnerabilities in AI agents, particularly those using the ElizaOS framework. These agents, including those managing large sums of cryptocurrency, are susceptible to memory manipulation attacks that can lead to unauthorized transfers to malicious actors. The study found that AI agents relying on social media sentiment are especially at risk of manipulation through coordinated attacks. The researchers demonstrated a successful memory injection attack on ElizaOS and developed a benchmarking framework, CrAIBench, to assess AI agents' resilience to such attacks. The study highlights the need for improved defenses against memory injection attacks, emphasizing the importance of enhancing both memory systems and language models to differentiate between malicious and legitimate content. Eliza Labs, the creators of ElizaOS, have been informed of the findings, and discussions are ongoing. Read more AI-generated news on: https://app.chaingpt.org/news

AI Vulnerability Explored in ElizaOS Framework

A recent study by Princeton University and the Sentient Foundation revealed vulnerabilities in AI agents, particularly those using the ElizaOS framework. These agents, including those managing large sums of cryptocurrency, are susceptible to memory manipulation attacks that can lead to unauthorized transfers to malicious actors. The study found that AI agents relying on social media sentiment are especially at risk of manipulation through coordinated attacks. The researchers demonstrated a successful memory injection attack on ElizaOS and developed a benchmarking framework, CrAIBench, to assess AI agents' resilience to such attacks. The study highlights the need for improved defenses against memory injection attacks, emphasizing the importance of enhancing both memory systems and language models to differentiate between malicious and legitimate content. Eliza Labs, the creators of ElizaOS, have been informed of the findings, and discussions are ongoing. Read more AI-generated news on: https://app.chaingpt.org/news
Controversy Surrounding Zerebro Developer's Alleged SuicideMembers of the crypto community are sharing evidence suggesting that Zerebro developer Jeffy Yu staged his suicide to promote his new memecoin during a Pump.fun livestream on May 4. The suspicions stem from an unverified letter supposedly written by Yu to an investor, trading activities linked to Yu's crypto wallets, and the removal of his obituary from Legacy.com. Some speculate that Yu used a tool to fake a live shooting during the livestream. The letter claims Yu faked his suicide due to harassment and threats, and planned to exit public life. After his supposed death, transactions involving Zerebro and Legacoin tokens raised further doubts. The LLJEFFY token's value plummeted by 80% post-incident. Yu's alleged suicide followed the release of a manifesto introducing Legacoins, a memecoin concept. The incident has sparked controversy and skepticism within the crypto community. Read more AI-generated news on: https://app.chaingpt.org/news

Controversy Surrounding Zerebro Developer's Alleged Suicide

Members of the crypto community are sharing evidence suggesting that Zerebro developer Jeffy Yu staged his suicide to promote his new memecoin during a Pump.fun livestream on May 4. The suspicions stem from an unverified letter supposedly written by Yu to an investor, trading activities linked to Yu's crypto wallets, and the removal of his obituary from Legacy.com. Some speculate that Yu used a tool to fake a live shooting during the livestream. The letter claims Yu faked his suicide due to harassment and threats, and planned to exit public life. After his supposed death, transactions involving Zerebro and Legacoin tokens raised further doubts. The LLJEFFY token's value plummeted by 80% post-incident. Yu's alleged suicide followed the release of a manifesto introducing Legacoins, a memecoin concept. The incident has sparked controversy and skepticism within the crypto community. Read more AI-generated news on: https://app.chaingpt.org/news
Crackdown on Trump's Crypto VenturesUS Democrat lawmakers have initiated a comprehensive attack on President Donald Trump's cryptocurrency endeavors through two bills and a subcommittee investigation to limit his profit potential. The Modern Emoluments and Malfeasance Enforcement Act, known as the MEME Act, seeks to prevent federal officials from profiting from memecoins. If approved, the MEME Act would bar key government figures from endorsing or promoting securities, futures, commodities, or digital assets, with violators facing hefty penalties. Additionally, Democratic Senator Richard Blumenthal announced a preliminary inquiry by the Permanent Subcommittee on Investigations into Trump's token and affiliated businesses. The investigation focuses on potential conflicts of interest, including the significant profits made by some investors. Despite the introduction of companion legislation in the House of Representatives, Republican support is crucial for the bills' success, given the GOP's control over both chambers. Read more AI-generated news on: https://app.chaingpt.org/news

Crackdown on Trump's Crypto Ventures

US Democrat lawmakers have initiated a comprehensive attack on President Donald Trump's cryptocurrency endeavors through two bills and a subcommittee investigation to limit his profit potential. The Modern Emoluments and Malfeasance Enforcement Act, known as the MEME Act, seeks to prevent federal officials from profiting from memecoins. If approved, the MEME Act would bar key government figures from endorsing or promoting securities, futures, commodities, or digital assets, with violators facing hefty penalties. Additionally, Democratic Senator Richard Blumenthal announced a preliminary inquiry by the Permanent Subcommittee on Investigations into Trump's token and affiliated businesses. The investigation focuses on potential conflicts of interest, including the significant profits made by some investors. Despite the introduction of companion legislation in the House of Representatives, Republican support is crucial for the bills' success, given the GOP's control over both chambers. Read more AI-generated news on: https://app.chaingpt.org/news
Innovative Airdrop Proposal for WLFI Token HoldersWorld Liberty Financial (WLFI), a crypto platform supported by the Trump family, is planning to conduct an airdrop of its new US dollar-pegged stablecoin to reward early WLFI token holders. The proposal, with an overwhelming 99% approval rate, aims to distribute a small amount of USD1 to eligible holders as a test of the airdrop mechanism. This initiative serves as a gesture of gratitude towards the project's earliest supporters and allows WLFI to validate the functionality of its airdrop system. The exact amount to be airdropped will depend on the total eligible wallets and budget. While the date for the airdrop is pending, WLFI retains the right to modify or terminate the test airdrop at any time. With the majority of votes in favor, the airdrop proposal is set to close on May 14. WLFI, which launched its stablecoin in March, has seen significant success with two public token sales, generating $550 million from 85,000 registered holders. Read more AI-generated news on: https://app.chaingpt.org/news

Innovative Airdrop Proposal for WLFI Token Holders

World Liberty Financial (WLFI), a crypto platform supported by the Trump family, is planning to conduct an airdrop of its new US dollar-pegged stablecoin to reward early WLFI token holders. The proposal, with an overwhelming 99% approval rate, aims to distribute a small amount of USD1 to eligible holders as a test of the airdrop mechanism. This initiative serves as a gesture of gratitude towards the project's earliest supporters and allows WLFI to validate the functionality of its airdrop system. The exact amount to be airdropped will depend on the total eligible wallets and budget. While the date for the airdrop is pending, WLFI retains the right to modify or terminate the test airdrop at any time. With the majority of votes in favor, the airdrop proposal is set to close on May 14. WLFI, which launched its stablecoin in March, has seen significant success with two public token sales, generating $550 million from 85,000 registered holders. Read more AI-generated news on: https://app.chaingpt.org/news
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