Author: Michael Fawn
Michael Fawn
Michael Fawn is a cryptocurrency journalist and blockchain analyst with a passion for breaking down complex market trends into easy-to-understand insights. Covering everything from Bitcoin and Ethereum to emerging altcoins and Web3 innovation, Michael focuses on delivering accurate, timely, and engaging crypto news for investors and enthusiasts alike. With years of experience following the digital asset industry, Michael keeps readers informed on the latest developments shaping the future of finance.
Bitcoin’s price plummeted below $77,000, leading to cascading liquidations across the cryptocurrency market totaling $657 million.
Bitcoin’s price fell below $77,000. This decline coincided with significant outflows totaling $1 billion from Bitcoin Exchange Traded Funds.
Kraken’s parent company, Payward, has reportedly cut 150 jobs, citing increased efficiency from artificial intelligence and potentially impacting its IPO plans.
The Verus Ethereum bridge has reportedly fallen victim to a decentralized finance attack, with approximately $11.6 million lost.
AI-driven crypto activity may overwhelm compliance teams. Firms like Elliptic are developing AI agents to monitor blockchain data in real time.
Elon Musk amplified Citadel CEO Ken Griffin’s warning that artificial intelligence is now targeting high-skilled positions, including PhD roles.
Elliptic CEO Simone Maini warns that AI-driven financial crime is the top risk to crypto security as autonomous agents overwhelm traditional compliance teams.
A cryptocurrency analyst suggests XRP is poised for a significant price increase, calling it a potential ‘trade of a lifetime’ for investors.
One of Forsage’s co-founders has pleaded not guilty to charges related to an alleged $340 million cryptocurrency Ponzi scheme.
Aave has lifted restrictions on ether borrowing across six networks, signaling recovery after a $230 million exploit involving unbacked rsETH.