BlackRock, Coinbase, Strategy Back $15M Bitcoin Security Consortium

Bernstein just raised its price target on Robinhood stock to $160, and the key driver is not crypto trading volume. Instead, the firm sees long-term value in Robinhood’s blockchain infrastructure. Robinhood Wrapped ETH on Robinhood Chain has gained about 2% over the past week, while daily trading volume sits near $44 million. Those numbers suggest…

Bonzo Lend, a decentralized lending protocol on the Hedera network, suffered an estimated $9.05 million loss after an attacker exploited a verification flaw in a third-party Supra oracle contract, allowing them to borrow assets far exceeding the value of their collateral. The attacker deposited 250 SAUCE tokens with little value, before submitting a manipulated price…

The CBDC limit expires at the end of 2030, though there was little chance that a Fed digital currency would have been executed by then. There’s been limited appetite at the central bank, where its previous leadership — even before the arrival of Trump’s newest Fed chair, Kevin Warsh — had long said that such…

This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. When OpenAI’s rogue models initiated a cyber attack against startup Hugging Face last week, the company fought fire with fire, using another AI model to defend against it.  It’s a sci-fi-esque tale of autonomous hacking and has been…

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Commerzbank’s report on Taiwan notes that stronger inflation, with core CPI at 2.5%, is likely to push the CBC towards a more hawkish stance, including a possible 12.5 bp hike in H2. Despite robust AI-driven exports and firm domestic demand, USD/TWD has risen to 32.19, though analysts expect a potential pullback once seasonal dividend outflows…