What are AI bots? AI bots are self-learning software that automates and continuously refines crypto cyberattacks, making them more dangerous than traditional hacking methods. At the heart of today’s AI-driven cybercrime are AI bots — self-learning software programs designed to process vast amounts of data, make independent decisions, and execute complex tasks without human intervention. While these bots have been a game-changer in industries like finance, healthcare and customer service, they have also become a weapon for cybercriminals, particularly in the world of cryptocurrency. Unlike traditional hacking methods, which require…
Category: Bitcoin News
Etherealize Raises $40M to Market Ethereum to Finance Firms
Ethereum advocacy firm Etherealize has closed a $40 million funding round to help it pitch the blockchain to Wall Street in a week that’s already seen public firms add over $1.2 billion worth of Ether to their treasuries. Etherealize said on Wednesday that the crypto-focused venture firms Electric Capital and Paradigm led the round, which it would use to “continue driving institutional adoption of Ethereum.” The company launched in January with funding from the Ethereum Foundation and Ethereum co-founder Vitalik Buterin to educate institutions on the blockchain and the Ether…
Ethereum exchange reserves fall 38% as ETFs and treasuries lock up ETH
Ether reserves on centralized exchanges have fallen to the lowest level in three years as demand grows from investment funds and corporate buyers. According to data from CryptoQuant, reserves have dropped by nearly 10.7 million ETH since peaking at around 28.8 million in September 2022. Holdings now stand at about 17.4 million ETH, with roughly 2.5 million ETH leaving exchanges in the past three months alone. The shrinking supply comes as new channels for Ether exposure have gained traction. Spot ETH exchange-traded funds (ETFs), launched in July 2024, have since…
Riot, CleanSpark Post Bitcoin Output Jump in August
Bitcoin miners Riot Platforms and CleanSpark boosted their crypto production in August, according to operational updates on Wednesday. Riot Platforms mined 477 BTC in August, up from 322 BTC year-over-year. The output represents a 48% increase compared to August 2024. According to the company, it sold 450 BTC for net proceeds of $51.8 billion during the month, and now holds 19,309 BTC, a 92.7% increase in 12 months. Meanwhile, CleanSpark mined 657 BTC in August, up from 478 BTC during the same month in 2024. The jump amounts to a…
US Second In Crypto Adoption On ETFs, Regulatory Clarity: Chainalysis
Regulatory momentum in Washington and crypto exchange-traded funds have pushed the US up two spots into second place for crypto adoption, according to Chainalysis. The US trailed only India, which maintained the top spot for the third year in a row, and contributed to the Asia Pacific region being crowned the fastest-growing between July 2024 and June 2025, Chainalysis said in its 2025 Global Adoption Index published on Wednesday. Chainalysis chief economist Kim Grauer told Cointelegraph that crypto adoption is mostly accelerating in mature markets with clearer rules and institutional…
XRP Price Eyes 77% Rise to $5 Next: Here’s Why
Key takeaways: XRP (XRP) price printed a bull flag pattern on the daily chart, a technical pattern associated with strong bullish momentum following an upward breakout. Is this the start of XRP’s rally to $5? XRP price bull flag targets $5 The daily chart shows XRP trading within a bull flag, with the price facing resistance from the pattern’s upper trendline at $3. A bull flag is a bullish continuation pattern in technical analysis, forming a small falling rectangle after a sharp price rise, signaling consolidation. It typically resolves with…
Crypto to Handle 10% of Post-Trades by 2030: Citi Survey
A tenth of the global post-trade market turnover is expected to be handled through stablecoins and tokenized securities in less than five years, according to a survey by Citi. The investment bank said in a Securities Services Evolution report released on Tuesday that bank-issued stablecoins were seen as the main method to support collateral efficiency, fund tokenization and private market securities. The report polled 537 custodians, banks, broker-dealers, asset managers and institutional investors in the Americas, Europe, Asia Pacific and the Middle East between June and July, where over half…
Coinbase To Launch Futures Index Mixing Crypto, Tech Stocks
Crypto exchange Coinbase is set to roll out a futures product tracking the top US tech stocks, crypto exchange-traded funds, and its own shares to offer exposure to equities and crypto in a single contract. Coinbase Derivatives said on Tuesday it’s launching the “Mag7 + Crypto Equity Index Futures” on Sept. 22, which will track the “Magnificent 7” tech stocks Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla, BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs and Coinbase’s stock. “Historically, there has been no US-listed derivative that provides access to both…
Coinbase To Launch Futures Index Mixing Crypto, Tech Stocks
Crypto exchange Coinbase is set to roll out a futures product tracking the top US tech stocks, crypto exchange-traded funds, and its own shares to offer exposure to equities and crypto in a single contract. Coinbase Derivatives said on Tuesday it’s launching the “Mag7 + Crypto Equity Index Futures” on Sept. 22, which will track the “Magnificent 7” tech stocks Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla, BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs and Coinbase’s stock. “Historically, there has been no US-listed derivative that provides access to both…
Anthropic Valuation Hits $183B as Claude AI Expands Into Crypto
AI company Anthropic, the developer of the Claude family of large language models, has reached a $183 billion valuation following its latest funding round — a dramatic increase from the start of the year that underscores the accelerating growth of AI applications. The company disclosed Tuesday that it closed a $13 billion Series F round co-led by venture firms ICONIQ Capital, Fidelity Management & Research Company and Lightspeed Venture Partners. Some of North America’s most prominent investors also joined the raise, reflecting the surge in institutional interest in artificial intelligence…