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Crypto
S&P Global agrees to acquire OpenZeppelin to strengthen on-chain finance security
S&P Global has agreed to acquire blockchain security firm OpenZeppelin, expanding a traditional credit ratings business into the on-chain finance market. OpenZeppelin develops blockchain-based financial software and provides security audits, and its open-source Contracts library is used for DeFi protocols and tokenised assets. S&P Global did not disclose the purchase price and expects no material impact on results. OpenZeppelin will keep its name, structure and CEO.
Crypto
Legendary investor Ric Edelman says buy BTC now like buying Amazon in 1999
Legendary trader Ric Edelman compared buying bitcoin now to investing in Amazon in 1999 and said the bitcoin price could reach $500,000 by 2030. Edelman said bitcoin’s long-term adoption path could resemble Amazon’s. He said if global investors allocate 1 percent of assets to bitcoin, the price could hit $500,000. He added the price could exceed that level and reach it earlier than 2030.
Crypto
2 million XRP stolen in two hours: How Descent hack was possible
A total of 1,552 users of cryptocurrency wallet service Descent’s app wallet suffered a large-scale hack in which 2,009,321 XRP was stolen, with the attacker operating in an automated way for about two hours. Some funds were moved to exchanges and a cross-chain bridge. Descent urged users to transfer assets to another wallet and said no impact has been confirmed from the company’s hardware wallet so far. The route of private-key exposure has not been identified.
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AI & Enterprise
Experts urge human control to keep AI from deciding on nuclear weapons
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AI & Enterprise
Startup Reve to end image generation service after OpenAI investment, shuts on Sept. 27
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Crypto
Bitcoin holds $76,000 level as early bull market talk builds
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AI & Enterprise
King Charles III warns AI could threaten lives if not controlled
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AI & Enterprise
SpaceX considers buying data from bankrupt startup for Grok training
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Crypto
JPMorgan says bitcoin could outperform gold if ETF hedging eases
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Fintech
ECB seeks online merchants to test digital euro payments
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Finance
Toss to step up FacePay push with rock festival trials and 50 percent discount campaign
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AI & Enterprise
Nvidia chip sales to double next year, Jensen Huang says
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Crypto
Japan FSA raises concerns over crypto firms steering users to dealer model
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Crypto
Bitcoin direct purchase or treasury stocks? Key is per-share holdings and debt structure
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Mobility
Autonomous truck freight after six months, terminal and workforce rules need urgent overhaul
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AI & Enterprise
K-security SaaS platform gains momentum, targets global expansion
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Games & Commerce
Naver expands responsive shopping search from product browsing to purchase conversion
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AI & Enterprise
AI-generated content watermarks could undermine LLM safeguards