Crypto News
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Cronos pauses network after alleged $75 million Tectonic lending exploit
Cronos validators halted the network after an alleged $75 million exploit at Tectonic. CoinDesk said the attacker inflated thinly traded TONIC by 100 times, used it as collateral and left most borrowed funds stranded.
CoinDesk
BitGo Shifts Focus as NYDIG Prioritizes Power and Compute Expansion
BitGo is paying roughly $42.5 million upfront for institutional trading capabilities while NYDIG prioritizes a claimed power-and-compute footprint of more than 3 gigawatts. CryptoSlate said profitability remains unproven for both strategies.
CryptoSlate
AI Industry Urges Stronger Cyber Defenses After Model-Driven Breaches
More than 100 AI, cybersecurity, finance and technology organizations are urging governments and industry to improve defenses against attacks powered by increasingly capable AI models, following cases in which AI systems hacked real companies.
Decrypt
Chelsea FC to Feature USDC Stablecoin on Jerseys After FCA Warning
Chelsea FC will put Circle’s USDC stablecoin name on the front of its jerseys for the upcoming season, according to Circle. The sponsorship follows a UK FCA warning to football clubs about cryptoasset promotions.
Cointelegraph
OneKey Reproduces Transaction-Replacement Attack in Older Ledger Ethereum App
OneKey said it reproduced a transaction-replacement exploit affecting an outdated Ledger Ethereum app in its lab. Ledger fixed the issue in version 1.22.2, and no user funds were lost during testing.
Cointelegraph
Bitcoin ETFs Attract $2.8B During Eight-Day Inflow Streak as BTC Tests $80K
Bitcoin ETFs have drawn $2.8 billion over an eight-day inflow streak as BTC tests $80,000. An analyst said August could become the strongest inflow month since October 2025 if the pace continues.
Decrypt
Nvidia Earnings Boost Tech Stocks and Bitcoin
Nvidia shares rose 8% after an earnings beat and strong outlook, lifting technology stocks, AI infrastructure companies and bitcoin, CoinDesk reported. NVDA and BTC were among the assets at the center of the market reaction.
CoinDesk