Search results for Haseeb Qureshi
Crypto
USDC, USDT dominate stablecoin card market with 84 percent of payments
Stablecoin card payments are growing rapidly, with a clear shift toward dollar-linked stablecoins. July stablecoin card payment volume rose to $759 million, about 2.5 times from a year earlier, and USDC and USDT accounted for 84 percent of the total. Transaction counts also increased to about 9 million. By currency, USDC and USDT gained share while euro-based EURe fell sharply. Payment networks also shifted toward Optimism, Solana and Base.
Crypto
Galaxy says at least 15 attackers exploited Coldcard vulnerability
Galaxy Digital said it has confirmed at least 15 attackers exploited a vulnerability in the Coldcard hardware wallet. Its research head Alex Thorne said additional attackers were identified based on new victim reports after the incident, a pattern he said differed from centralized exchange hacks. Galaxy Research estimated losses from three confirmed attacks at $100 million, and said total losses could rise to about $130 million in bitcoin if a suspected fourth attack is included.
Crypto
AI trading bots in crypto draw buzz, but experts urge caution
AI trading bots are emerging as a new trend in the cryptocurrency market, with claims spreading that automated bots using Anthropic\'s Claude generated millions of dollars in profits. Major AI companies do not officially support such use. Experts say the boom is exaggerated and point to structural limits. They cite legal liability risks, the ability of institutions to copy strategies at scale, and limited differentiation among similar models.
