Tether Sheds $5.5 Billion in USDT Supply as Stablecoin Turnover Hits a Record Pace

Stablecoin market value has declined by about $14 billion from its May peak, marking the sharpest monthly contraction since 2022. Yet record settlement volumes suggest the sector is becoming a faster-moving payments network rather than a store of idle digital dollars. Stablecoin Issuers Lose $7.7 Billion in June as Transaction Volume Jumps 63% Stablecoin supply […]

Anthropic Destroyed Millions of Books to Train Claude: Was That Legal?

Anthropic bought millions of used books, sliced off the covers, and scanned every page to train Claude. A federal judge ruled that destroying books this way was legal. Court files exposed the program in January under the internal name Project Panama. Brokers now sell the same book-buying service to other artificial intelligence (AI) firms. Why […]

Ethereum Foundation Launches PQ1 Hardware Wallet to Combat Cyber Threats

The Ethereum Foundation has unveiled its new PQ1 hardware wallet, designed to address modern cyber threats. This initiative is underscored by the growing need for advanced security measures in the digital asset space. The PQ1 wallet is notable for its quantum-resistant features, ensuring robust protection against future attack vectors. For more details, see the Ethereum […]

Aave V4 Deposits Nearly Double as Borrow Caps Rise Again

Aave V4 has seen a remarkable increase in deposits, which have nearly doubled over the past month, according to a recent tweet from the platform. This growth comes alongside the raising of deposit and borrow caps for the eleventh time, reflecting sustained interest in the decentralized finance sector. Such developments signal a strengthening ecosystem, encouraging […]