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Google has announced the launch of Veo 3.1 Lite, which significantly reduces API costs by 50%, making it a more affordable option for developers. This move comes as OpenAI's Sora has exited the market, potentially leaving a gap for competitors. The new version of Veo aims to
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Galaxy Digital's testnet experienced a hack, but the company confirmed that no client funds or sensitive information were compromised during the incident. The attack targeted the test environment, which is separate from the main operational systems. Galaxy Digital is investigating the breach and has implemented measures to enhance
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Solana DeFi platform Drift has confirmed it is experiencing an "active attack," leading to over $200 million in assets being withdrawn from the platform. The team is investigating the situation and has paused trading to mitigate further risks. Users are advised to withdraw their funds as a precaution.
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Google has introduced Veo 3.1 Lite, a new version of its API that reduces costs by 50%, making it more accessible for developers. This move comes as OpenAI's Sora, a competing product, exits the market, potentially leaving a gap for Google to capture more users. The cost
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EDX Markets, backed by Citadel Securities, has applied for a trust charter in the U.S. to enhance its institutional cryptocurrency services. The charter would enable EDX to offer a wider range of financial products and services, positioning it to better serve institutional clients. This move aligns with the growing
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Google researchers have warned that advancements in quantum computing could potentially compromise Bitcoin's security sooner than previously anticipated. They highlighted that the cryptographic algorithms underpinning Bitcoin may be vulnerable to quantum attacks, which could allow malicious actors to manipulate transactions or create counterfeit coins. The researchers emphasized the
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The article discusses the importance of governance in the cryptocurrency ecosystem, suggesting that it functions as a foundational layer, akin to Layer 1 protocols. It emphasizes that effective governance mechanisms can enhance decentralization, security, and user trust within crypto projects. The piece highlights various governance models and their impact on
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Galaxy Digital's testnet experienced a security breach, but the company confirmed that no client funds or sensitive information were compromised during the incident. The hack targeted the test environment, which is separate from the main operational systems. Galaxy Digital is investigating the breach and has taken steps to
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Bitcoin's price fluctuations are becoming less severe, with recent crashes showing a trend of diminishing volatility. Wall Street analysts are beginning to take notice, suggesting that this stabilization could indicate a maturing market. The reduced severity of price drops may attract more institutional investors, as they seek less
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Avalanche (AVAX) has seen a 4% increase in value as part of the CoinDesk 20 index, which has also moved higher. The overall performance of the index reflects a positive trend in the cryptocurrency market. Factors contributing to this growth include increased investor interest and favorable market conditions. AVAX'
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Franklin Templeton has launched a new cryptocurrency division following its acquisition of 250 Digital, a digital asset investment firm. This move aims to enhance the company's capabilities in the rapidly evolving crypto market. The acquisition is part of Franklin Templeton's strategy to diversify its investment offerings
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Strategy's STRC has maintained its dividend payout at 11.5%, following seven consecutive increases. This decision reflects the company's commitment to providing consistent returns to its investors despite market fluctuations. The steady dividend is seen as a positive indicator of the firm's financial health