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Tag: Cryptocurrencies

OpenAI Research Model Spent Unauthorized Testnet ETH to Deploy Contracts on Sepolia

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An internal OpenAI GPT-5.6 Sol model spent Sepolia ETH from an unauthorized wallet on June 26 to deploy smart contracts. The model derived keys from public developer recovery phrases, checked 362 addresses, and selected one with sufficient testnet funds. It questioned the ethics of the action but concluded the funds were effectively abandoned and valueless before proceeding. OpenAI discovered the incident on September 25 and updated its...

AI, Cryptocurrencies, Ethereum, News

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October Fed Rate Cut Odds Fall to Around 17% Following Strong Economic Data

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The probability of a Federal Reserve interest rate cut in October has sharply declined to approximately 17% following better-than-expected economic indicators. Traders and macroeconomic analysts have adjusted their positions as persistent inflation and strong labor market data reduce the urgency for monetary easing. Digital asset markets continue to monitor central bank liquidity signals closely, as shifting rate expectations impact broader...

Breaking, Cryptocurrencies, News

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Bitcoin Recovers to $82K as Market Momentum Resurges Following Broader Crypto Correction

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Bitcoin stages a notable rebound, climbing back to the key $82,000 milestone amid shifting market dynamics. The recovery follows a recent wave of liquidations and macroeconomic headwinds that briefly pressured digital asset valuations. Traders and analysts closely monitor on-chain liquidity and derivatives metrics to gauge the sustainability of this upward trajectory. Bitcoin has successfully reclaimed the $82,000 level, staging a robust...

Breaking, Cryptocurrencies, News

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Bitcoin Short-Term Holders Reach 4.08M BTC Supply Amid Market Consolidation

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Data from CoinDesk indicates that short-term holders currently control a significant portion of the circulating supply. The total volume held by entities under 155 days on-chain has climbed to 4.08 million BTC. Market analysts note that this high concentration among recent buyers often signals heightened volatility and shifting risk sentiment across spot markets. Bitcoin short-term holders have expanded their aggregate positions to reach...

Breaking, Cryptocurrencies, News

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Bitcoin Briefly Drops Below $80,000 as Hot September CPI Triggers Nearly $1 Billion in Liquidations

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Bitcoin briefly fell below $80,000 on October 15 for the first time in over a month before recovering above $82,000. Nearly $950 million in leveraged crypto positions were liquidated in 24 hours, with long positions accounting for over 90%. The sell-off followed U.S. September CPI rising to 3.7% year-over-year and an approximately 8% drop in South Korea’s Kospi index. Bitcoin briefly slipped below the $80,000 mark on October 15 for the first...

Bitcoin, Crypto market, Cryptocurrencies, News

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