Tag: Breaking

An unknown entity permanently destroyed 107 BTC, worth approximately $8.2 million, by routing the funds to a historic unspendable burn address.The funds originated from five separate wallets that had been entirely dormant since April 2014, when bitcoin was trading around $442.On-chain analysts have floating theories ranging from accidental exchange cold-storage errors to deliberate tax loss harvesting or a broken dead man’s switch.A...

Pope Leo XIV issued “Magnifica Humanitas,” a landmark papal encyclical calling for artificial intelligence to be “disarmed” and strictly regulated to prevent technology from dominating human dignity. Anthropic co-founder Christopher Olah spoke alongside the Pope at the Vatican, acknowledging that frontier AI labs face deep commercial and geopolitical pressures that conflict with public safety. The encyclical...

Hyperliquid expanded its HIP-4 framework by launching a U.S. Consumer Price Index prediction market, allowing users to trade on-chain contracts tied to the May 2026 inflation print. The protocol’s 24 native validators function as the oracle, eliminating reliance on external data networks like UMA by directly ingesting news feeds and voting on-chain to settle events. HIP-4 contracts feature zero leverage or liquidation risk, operating as fully...

Bitcoin breached the critical support level of $75,000 overnight, hitting its lowest price point in nearly a month. The sharp market downturn followed six consecutive days of net outflows from U.S. spot Bitcoin ETFs, totaling more than $1.25 billion. The rapid price decline triggered hundreds of millions of dollars in liquidations, heavily flushing out leveraged long positions across crypto derivatives markets. Bitcoin dropped...

Polymarket has launched a new asset category enabling users to trade on the performance, valuations, and funding milestones of major private companies. The decentralized prediction platform has secured an exclusive agreement with Nasdaq Private Market to serve as the official data and resolution provider. Initial trading contracts allow participants to speculate on the future valuations of high-profile tech unicorns, including OpenAI,...