📰 Bitcoin Core changes security rules as AI makes finding code bugs dangerously easy
Bitcoin Core, the software most of the bitcoin network runs on, will stop sitting on bug fixes for months when the bug is one an AI could find again, after its maintainersmerged a changeto the project’s security policy on Thursday.
Core previously graded every reported vulnerability by severity and timed disclosure accordingly. Low-severity flaws were revealed two weeks after the next major version shipped. Medium and high ones stayed under embargo until two weeks after the last affected version reached end of life.
🔗 Source: CoinDesk
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Bitcoin Core, the software most of the bitcoin network runs on, will stop sitting on bug fixes for months when the bug is one an AI could find again, after its maintainersmerged a changeto the project’s security policy on Thursday.
Core previously graded every reported vulnerability by severity and timed disclosure accordingly. Low-severity flaws were revealed two weeks after the next major version shipped. Medium and high ones stayed under embargo until two weeks after the last affected version reached end of life.
🔗 Source: CoinDesk
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📰 Netanyahu floats use of blockchain as solution to potential financial sanctions
Ahead of elections, Prime Minister Benjamin Netanyahu said Israel could turn to blockchain and crypto to skirt potential international sanctions, to the dismay of opponents and the country’s central banker.
🔗 Source: Cointelegraph
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Ahead of elections, Prime Minister Benjamin Netanyahu said Israel could turn to blockchain and crypto to skirt potential international sanctions, to the dismay of opponents and the country’s central banker.
🔗 Source: Cointelegraph
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📰 Bitcoin slips under $80,000 as traders de-risk ahead of Fed meeting
Bitcoin fell nearly 2% to about $79,800 as of Monday Asian morning hours as traders cut risk ahead of this week’s Federal Reserve meeting and another leg down in the AI trade weighed on tech stocks across the region.
Selling hit almost every major token. Ether dropped nearly 3% to just above $2,300, and XRP lost about 3% to $1.28. SOL slid 2% and is barely holding $100. DOGE, ZEC, HYPE and BNB each fell 1% to 2%, while TRX was the only major in the green, up less than 1%, according to CoinDesk data.
🔗 Source: CoinDesk
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Bitcoin fell nearly 2% to about $79,800 as of Monday Asian morning hours as traders cut risk ahead of this week’s Federal Reserve meeting and another leg down in the AI trade weighed on tech stocks across the region.
Selling hit almost every major token. Ether dropped nearly 3% to just above $2,300, and XRP lost about 3% to $1.28. SOL slid 2% and is barely holding $100. DOGE, ZEC, HYPE and BNB each fell 1% to 2%, while TRX was the only major in the green, up less than 1%, according to CoinDesk data.
🔗 Source: CoinDesk
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📰 Bitcoin wallet bug let rogue servers steal funds when users tried to speed up payments
A bitcoin wallet security flaw allowed malicious servers to trick users into signing payments to attackers when they tried to speed up transactions, with developers confirming at least one case in which money was stolen.
Electrum, one of Bitcoin's oldest software wallets,disclosed the vulnerability on Saturday, saying some servers were already exploiting it. The developers received two reports in October, including one from a user who lost funds after approving what appeared to be a routine transaction-fee increase.
🔗 Source: CoinDesk
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A bitcoin wallet security flaw allowed malicious servers to trick users into signing payments to attackers when they tried to speed up transactions, with developers confirming at least one case in which money was stolen.
Electrum, one of Bitcoin's oldest software wallets,disclosed the vulnerability on Saturday, saying some servers were already exploiting it. The developers received two reports in October, including one from a user who lost funds after approving what appeared to be a routine transaction-fee increase.
🔗 Source: CoinDesk
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📰 India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet
CoinDCX, India’s largest crypto exchange by trading volumes, says it has absorbed a $16 million loss after an internal process failed to move customer deposits out of a retired wallet.
It all started last week, when blockchain sleuths flagged about $16 million in suspicious outflows from wallets linked to the Mumbai-based exchange. CoinDCX was quick to dismiss the reports, with CEO Sumit Gupta calling it a false alarm on X.
🔗 Source: CoinDesk
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CoinDCX, India’s largest crypto exchange by trading volumes, says it has absorbed a $16 million loss after an internal process failed to move customer deposits out of a retired wallet.
It all started last week, when blockchain sleuths flagged about $16 million in suspicious outflows from wallets linked to the Mumbai-based exchange. CoinDCX was quick to dismiss the reports, with CEO Sumit Gupta calling it a false alarm on X.
🔗 Source: CoinDesk
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📰 Calpers pulls back from big tech as AI jitters deepen neocloud sell-off
Calpers, the world’s fifth-largest pension fund, is cutting its exposure to major U.S. technology companies as concerns mount over stretched valuations and the sustainability of the artificial intelligence investment boom, theFinancial Timesreported.
The fund, which manages more than $600 billion, reduced the combined number of shares it directly held in the so-called Magnificent Seven tech stocks by 26% during the first half, according to FT calculations based on regulatory filings. The group comprises AppleAAPL, MicrosoftMSFT, AlphabetGOOG, AmazonAMZN, NvidiaNVDA, Meta PlatformsMETAand TeslaTSLA.The Roundhill Magnificent Seven ETF (MGAS) is up 7% year to date, led by Apple’s 34% gain, followed by Nvidia’s 12% rise. Meta, Alphabet and Tesla are all down for the year.
🔗 Source: CoinDesk
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Calpers, the world’s fifth-largest pension fund, is cutting its exposure to major U.S. technology companies as concerns mount over stretched valuations and the sustainability of the artificial intelligence investment boom, theFinancial Timesreported.
The fund, which manages more than $600 billion, reduced the combined number of shares it directly held in the so-called Magnificent Seven tech stocks by 26% during the first half, according to FT calculations based on regulatory filings. The group comprises AppleAAPL, MicrosoftMSFT, AlphabetGOOG, AmazonAMZN, NvidiaNVDA, Meta PlatformsMETAand TeslaTSLA.The Roundhill Magnificent Seven ETF (MGAS) is up 7% year to date, led by Apple’s 34% gain, followed by Nvidia’s 12% rise. Meta, Alphabet and Tesla are all down for the year.
🔗 Source: CoinDesk
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📰 South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
South Korea is considering delaying its tax on cryptocurrency gains for a fourth time, postponing the introduction until 2029,Newsis reported.
The presidential office is leaning toward a delay amid concerns that the tax burden would fall largely on users of South Korea-based exchanges because authorities would struggle to track activity on U.S. platforms, the report said, citing unidentified officials.
🔗 Source: CoinDesk
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South Korea is considering delaying its tax on cryptocurrency gains for a fourth time, postponing the introduction until 2029,Newsis reported.
The presidential office is leaning toward a delay amid concerns that the tax burden would fall largely on users of South Korea-based exchanges because authorities would struggle to track activity on U.S. platforms, the report said, citing unidentified officials.
🔗 Source: CoinDesk
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