Tether’s Comeback: Real Defense or “Trust Me, Bro”? Plus: AI and Crypto Wallets Insights

Tether’s Comeback: Real Defense or “Trust Me, Bro”? Plus: AI and Crypto Wallets Insights

Real defense or “trust me, bro The Daily Squeeze brings updates on Tether’s defense against accusations and Coinbase’s AI tool, “Based Agent.” Market updates show Bitcoin’s rise and caution with the copper-to-gold ratio. Tether faces scrutiny from the Wall Street Journal, with CEO Paolo Ardoino denying accusations. Coinbase launches an AI tool for crypto wallets. … Read more

The $20 Million Crypto Breach: Government Wallets Compromised and Recovered in 24 Hours

The  Million Crypto Breach: Government Wallets Compromised and Recovered in 24 Hours

Quick Recovery and Security Concerns Arkham Intelligence reported a $20 million cryptocurrency transfer from U.S. government wallets to a money laundering service, leading to concerns about security protocols. Most funds were returned within 24 hours, raising questions about the security of government-held crypto assets. The funds were linked to high-profile criminal cases, including the Bitfinex … Read more

The Risks of Blockchain and Decentralization: Users Transferring Large Amounts of DESK to “Collector” Wallets

The Risks of Blockchain and Decentralization: Users Transferring Large Amounts of DESK to “Collector” Wallets

Users started transferring large amounts of DESK to collector wallets, despite the terms of service prohibiting its trading. A secondary market emerged, assigning value to DESK, which was not intended. This lack of control was a risk of blockchain and decentralization. Ultimately, it was determined that the product was not serving the community effectively, leading … Read more