Tag: News

Raydium, a leading decentralized exchange on the Solana blockchain, has suffered an exploit resulting in the loss of approximately $1.3 million. The security breach specifically targeted legacy architecture, allowing a malicious actor to drain assets without affecting the protocol’s primary active trading venues. Blockchain security firms, including PeckShield and on-chain researcher Specter, first flagged the anomalous transactions as...

Stablecoin issuer Tether has expanded its reach into the physical AI sector by leading a Series C funding round of up to $1.4 billion for German cognitive robotics company Neura Robotics. The landmark investment represents one of the largest private funding rounds in the history of humanoid robotics and physical automation. Alongside Tether, the massive capital injection attracted participation from prominent global technology and industrial...

Mastercard launched Agent Pay for Machines (AP4M), allowing autonomous AI agents to permission, orchestrate, and settle transactions without real-time human approval. The initiative features over 30 initial industry partners, including crypto heavyweights Coinbase, RippleX, Aave Labs, OKX, Polygon, and the Solana Foundation. The system integrates multi-rail settlement from day one, explicitly supporting regulated stablecoins alongside...

The U.S. Labor Department announced Wednesday that the consumer price index (CPI) rose 0.5% in May over April. While the monthly increase was expected by consensus forecasts, the annualized headline inflation rate surged to 4.2%, up from 3.8% recorded the previous month. US CPI inflation climbed to 4.2% on an annualized basis in May, matching economist estimates but marking the hottest print since April 2023. The month-over-month headline...