Microsoft declares OpenAI both strategic partner and competition in SEC filing

The two companies face antitrust probes in the US and EU over their partnership.

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How Vitalik Buterins pluralistic vision could reshape blockchain governance

While Buterin believes pluralistic philosophy can enhance existing systems, he acknowledges that it cannot replace them.

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Copilot Autofix Enhances Secure Coding by Tripling Remediation Speed

GitHub's Copilot Autofix enables developers to fix code vulnerabilities three times faster, enhancing secure coding practices. (Read More)

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United Nations, ICP launch digital credentials pilot in Cambodia

The UNDPs Universal Trusted Credentials will get its second trial in Cambodia. The plan is to create a 10-country ecosystem.

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86% of Filipino Office Workers Use AI; Leaders Push for Greater Adoption

89% of Filipino business leaders believe AI is crucial for staying competitive, suggesting a growing push for AI adoption in workplaces.

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Crypto exchanges exit Hong Kong license race ahead of May deadline

The queue of crypto exchanges for operational licenses in Hong Kong is shrinking as seven exchanges, including IBTCEX and Huobi HK, withdraw applications ahead of the May 31 deadline.

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GitHub Introduces Advanced Copilot Coding Agent for Task Automation

GitHub unveils a new Copilot feature, a coding agent that automates tasks using GitHub Actions, enhancing efficiency and security in software development. (Read More)

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Hong Kong digital yuan pilot lacks P2P capabilities

While Hong Kong residents can sign up for a digital yuan wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong.

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KiloEx DeFi Platform to Provide Compensation for Users Affected by $7.5M Hack

Kiloex Compensation Plan after $7 Million Hack in April Kiloex, a leading cryptocurrency exchange, announced a comprehensive compensation plan following a major hack in April that resulted in a loss of $7 million worth of funds. The platform has taken swift action to address the issue and ensure that users are adequately compensated for their [...]

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Former Solicitor General Launches Basta Bitcoin Podcast Exploring Monetary Evolution

Former Solicitor General Florin 'Pilo' Hilbay launches 'Basta Bitcoin,' a podcast exploring the evolution of money and its broad impact on society, law, and economics, presented in Taglish.

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kiloEx recovers $7.5M after promising attacker 10% bounty

Decentralized exchange platform KiloEx revealed that it has recovered the entire $7.5 million stolen from it in a recent exploit. According to an April 18 statement: “We are pleased to announce that we have successful recovery of all stolen funds related to the recent security incident.” The exploit was first flagged by Cyvers, a blockchain […]

The post kiloEx recovers $7.5M after promising attacker 10% bounty appeared first on CryptoSlate.

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$7 Million Exploit Hits KiloEx: Flawed Access Control Allows Price Manipulation Across Multiple Chains

A critical flaw has been exposed in decentralized perpetual exchange KiloEx. On-chain analysis has revealed that a single attacker, using a serious exploit, siphoned off around $7 million in value by manipulating oracle prices. The attack, first noted by KiloEx’s Cyver alert system, caused operational issues across three separate chainsBNB Chain, Base, and Taiko. KiloExknown [...]

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KiloEx Announces Successful Containment of $7.5M Exploit on Decentralized Exchange

On a recent incident, KiloEx fell victim to an exploit where an attacker utilized a price oracle to steal a staggering $7.5 million in funds. The attack involved manipulating the price oracle to deceive the protocol into releasing the funds to the attacker’s address. This breach highlights the importance of security measures in decentralized finance [...]

The post KiloEx Announces Successful Containment of $7.5M Exploit on Decentralized Exchange appeared first on Crypto Breaking News.

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Vitalik Buterin Emphasizes Importance of Good Social Philosophy in App Development

The co-founder of Ethereum, Vitalik Buterin, advocates for the importance of developers in the application layer and emphasizes the need for a good social philosophy to drive innovation and adoption in the cryptocurrency space. Buterin believes that to truly succeed, blockchain projects must have developers who are passionate and dedicated to building user-friendly applications that [...]

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‘Softwar,’ Abstract Thinking And How Bitcoin Solves A Neolithic Problem

As a solution to money management and physical power projection, Bitcoin can free humanity to focus more on its own well-being.

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Federal Reserve’s banking bailouts reach a new weekly high of $103B

The Fed’s emergency loan facility has reached new highs as embattled banks are needing a central bank bailout.

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CBDCs aren’t about solving today’s problems — Australia’s CBDC lead

Central Bank Digital Currencies (CBDCs) may not solve any problems faced today, but could be the answer to ones not even fathomed yet, says the executive spearheading Australia’s CBDC pilot. Speaking to Cointelegraph, Dilip Rao, a former Ripple executive who’s now spearheading Australia’s in-pilot CBDC research project, believes a central bank-issued currency could be built [...]

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Bank of Russia Delays CBDC Pilot Rollout

The Bank of Russia's CBDC pilot rollout has been delayed indefinitely due to legislation only passing through the first reading. The number of participating private banks has also changed to 13 from 15, with the pilot involving real operations and limited consumers. (Read More)

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There’s No Reason To Trust Banks And, Thanks To Bitcoin, We Don’t Have To

Trust in central and commercial banks is eroding quickly. The internet and social media are oil in the fire and Bitcoin is the extinguisher.

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Crypto Is (and Isnt) Money

Source: CoinDesk

The post Crypto Is (and Isnt) Money appeared first on Crypto Breaking News.

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