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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is facing one of its most uncomfortable periods in recent memory, with GSR Research’s Carlos Guzman arguing that leadership turnover, weak ETH performance and a sharpening debate over the Ethereum Foundation’s (EF) role have exposed a deeper strategic crisis for the network. GSR Research Flags Ethereum’s Identity Crisis In a note titled “Ethereum’s Identity Crisis,” Guzman framed the issue as more than a temporary morale problem. At least nine senior EF contributors have departed in 2026, according to the note, including five in May alone. The…
Strive (ASST) added 1,109 bitcoin to its balance sheet last week, lifting total holdings to 16,500 BTC and placing the firm among the largest public corporate holders of the asset, according to a May 26 filing. The purchases took place between May 19 and May 22 at an average price of $76,989 per coin, bringing Strive to seventh place among listed companies with bitcoin treasuries. The move continues a strategy that ties equity growth to direct exposure to bitcoin. The company reported cash and cash equivalents of $93.3 million, up from $87.3 million. It also disclosed a rise in the…
In brief The Digital Chamber urged the OCC to defend recent national trust bank charter approvals for crypto firms. Sen. Elizabeth Warren argued the approvals may violate banking law by letting crypto firms perform bank-like activities under lighter regulation. The crypto industry countered that Congress effectively authorized such activity through the GENIUS Act. Days after a Sen. Elizabeth Warren said the Treasury Department’s recent spate of bank charter approvals for crypto firms may be illegal, industry leaders are forcefully pushing back on the characterization.On Tuesday, the Digital Chamber, a top crypto industry trade group, implored the Trump Treasury Department to…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure OKX says its new platform can handle up to 300,000 transactions per second, running at millisecond-level speed — a technical benchmark the company set out as it launched Exchange OS on Tuesday. A Shared Home For Different Markets The platform is built on X Layer, OKX’s Ethereum layer-2 network, and lets users build their own spot, perpetuals, and outcomes markets from the ground up. It draws on the same infrastructure that powers OKX’s main exchange, giving any market created on it access to a shared pool of…
In brief Bumblebee is a free, open-source tool that checks developer computers for compromised software, browser extensions, and AI connector configs—without running the infected code. Most scanners work by invoking the software they’re checking, which can accidentally trigger the attacks they’re meant to detect. It’s the first open-source scanner to treat MCP config files—the connectors that give AI tools access to your data—as a security surface. Imagine you suspect someone poisoned a bottle of water in your house. To check, you drink from every bottle. That’s roughly how most security scanners work.Perplexity just open-sourced a tool called Bumblebee that takes…
May 26th, 2026 – Seoul, South Korea The Scandic Finance Group (SFG) is laying the foundation for a comprehensive ecosystem of real services and digital financial technology with the SNC Scandic Coin (SNC). As a global conglomerate with more than one hundred and fifteen daily newspapers and companies in mobility, technology, security and real estate, the group is creating a common currency whose use goes beyond that of a means of payment. The new coin simultaneously serves as an access key, loyalty programme and store of value for users around the world. From today’s market launch on 26 May 2026, interested parties…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The attackers behind TrapDoor went after more than wallets and passwords — they embedded hidden instructions inside packages designed to manipulate AI coding assistants. According to security firm Socket, the goal was to trick tools like Claude and Cursor into running what appeared to be routine security scans, which would then quietly discover and send out secrets stored on a developer’s machine. Socket, a developer security platform, detected the campaign on Friday and published its findings on Sunday. Reports say the operation had already pushed out more…
In brief Tether is working alongside the Government and Central Bank of Georgia to launch GELT, an official stablecoin pegged to the Georgian Lari. The initiative advances Georgia’s ambition to become a premier crypto hub, utilizing a purpose-built regulatory framework that dovetails with U.S. rules. Designed to lower transaction fees and accelerate cross-border trade, the asset isn’t being billed by Tether as a central bank digital currency. Tether said on Monday that it plans to issue a stablecoin in Georgia with support from the country’s government, underscoring the nation’s aggressive push to establish itself as a crypto hub that’s uniquely…
Bad actors compromised the network of a Virginia-based radiology firm, placing the data of 266,183 people at risk. Radiology Associates of Richmond (RAR) disclosed the breach to a slew of government regulators last week. The firm discovered the incident in April, but the actual hack occurred back in July 2025. RAR wasn’t entirely clear on what data was compromised, though a listing with the Texas Attorney General’s office indicates impacted information includes government-issued ID numbers; financial info (including account numbers and credit/debit card numbers); medical info; and health insurance info. Unlike numerous other firms that have suffered massive data breaches…
In brief George Hotz, the hacker behind the first iPhone jailbreak and PlayStation 3 crack, published a blog post Sunday calling AI coding agent adoption “one of the most costly mistakes in the field’s history.” His core argument: high performers can spot bad agent output, but weaker engineers can’t—and it’s the weaker engineers producing ten times the volume, degrading average code quality at scale. The post arrived five days after Andrej Karpathy joined Anthropic’s pre-training team with the opposite view, marking a clear split among serious engineers on whether AI agents actually work. George Hotz—the hacker who first cracked the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Wang Chun has a specific worry about Mars. Not whether humans can survive the journey, but whether anyone will bother to try. The founder of crypto mining pool F2Pool put his money behind that worry this week by purchasing a seat on SpaceX’s first crewed mission to the red planet. A Man On A Mission To Keep Mars Alive SpaceX announced the two-year mission on Thursday. It will fly past the Moon, continue to Mars, and return to Earth. Wang also secured a seat on a separate…