Sandbox pledges $700K SAND repayment
The Sandbox will repay eligible SAND holders after a bridge exploit drained 14.744 million SAND, worth about US$700,000.
The Sandbox will repay eligible SAND holders after a bridge exploit drained 14.744 million SAND, worth about US$700,000.
Bitcoin (CRYPTO:BTC) traded at US$80,526 on August 27, up 1.9% as the Jackson Hole symposium began.
The world's biggest tech firm delivered earnings this week against a backdrop of nervous investors, watching eagerly to see if the AI trade was winding down or has further to run. The chip giant presented markets with something to get excited about, providing a bullish outlook as CEO Jensen Huang said demand for its artificial-intelligence accelerators continues to expand. The fresh boost of confidence is likely to mean investment in the AI buildout will only ramp up as companies and countries across the world strive to carve out a piece of the AI pie.
Dunamu and Visa have formed a partnership to explore stablecoin payments, remittances and AI financial services.
Public Citizen estimates investors lost at least US$4.7 billion through Donald Trump’s crypto ventures since 2022.
An entity linked to Abu Dhabi royal Sheikh Tahnoon bin Zayed Al Nahyan reportedly backs 49% of the holding company behind World Liberty Financial’s proposed bank.
Nepal's Finance Minister, Swarnim Wagle, says the devastating flash floods would cause at least "a few billion dollars" in damage to its $45 billion economy. He appeared exclusively on Bloomberg's "Insight with Haslinda Amin."
Venezuela is considering whether it should quit OPEC, potentially delivering a fresh blow to the oil cartel it helped create. Bloomberg's Stephen Stapczynski discusses what it means.
Core Lightning confirmed multiple vulnerabilities and urged node operators to install a forthcoming security update.
Ripple (CRYPTO:XRP) Prime has launched a Delta One service for institutions, expanding into US equity derivatives.
Gold has been up around 14% in August, bullion given fresh impetus by the US Treasury's unexpected intervention in the bond market. Guy Wolf, Global Head of Market Analytics at Marex spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the reason that is helping gold rise.
India's big AI bet is backed by government incentives and investments from global tech giants, and it's aiming to become a key hub in the AI economy. Bloomberg's Saritha Rai reports on whether it can translate this massive spending into a lasting advantage.
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