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Morning News | AEON completes $8 million Pre-Seed round financing led by YZi Labs; Goldman Sachs liquidates XRP and Solana ETF holdings in Q1; Strategy increased its holdings by 24,869 BTC last week
Overview of Important Market Events on May 18
Tether Blocks $52 Million in Operation with FBI and DOJ
"We should never touch the protocol again. The experimentation phase was 10 years ago," says Cobra about Bitcoin
Cobra, the owner of Bitcoin.org, reiterates his defense of Bitcoin's ossification and warns against the use of AIs in the development of the project.
$55 million Aave stablecoin pool sees just $4.4 million available for withdrawals
Aave stablecoin yields can rise as deposits leave. The Monad USDT0 pool shows why unborrowed liquidity and reward incentives matter for withdrawals.
EU Tightens Rules for Cryptocurrency Wallet Manufacturers
In the European Union, providers of hardware and software cryptocurrency wallets must now report any vulnerabilities found within 24 hours of their discovery. This requirement is enshrined in the EU Cyber Resilience Act (CRA), with the new provisions coming into effect on September 11.
Cyberattacks: Banks Have No Time to Lose Against AI
The BIS warns: autonomous AI reduces the time between discovery and exploitation of a flaw to just a few minutes. Banks must adopt crypto reflexes.
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