OpenAI unveils Daybreak to advance AI-driven cyber defense

Tech  OpenAI unveils Daybreak to advance AI-driven cyber defense  OpenAI has unveiled Daybreak, a cyber defense framework focused on building software that is secure by default through the integration of AI-powered security across the entire development lifecycle.  The system uses AI to help security teams reason across large codebases, uncover subtle flaws, test fixes, and shorten the time between identifying and resolving vulnerabilities. With Daybreak, OpenAI aims to make software continuously more secure by integrating defense into standard development workflows.  Daybreak combines OpenAI models with Codex-driven agentic tooling and external security partners to support capabilities such as secure code review, threat modeling, dependency analysis, and remediation guidance. These tools are intended to strengthen the entire software security lifecycle.  Given the dual-use nature of advanced AI, OpenAI says Daybreak includes safeguards around verification, proportional controls, and accountability, and will be deployed iteratively with input from industry and government partners.

05-13Industry

Ethereum wants to end blind signing with new security feature

The Ethereum community has launched Clear Signing, an open standard that aims to replace unreadable transaction prompts with human-readable details before users approve onchain actions. Ethereum Clear Signing turns unreadable transaction data into plain summaries before users approve wallet actions.Ledger, Trezor, MetaMask, WalletConnect and Fireblocks are early supporters of the new ERC-7730 security standard.The rollout follows Bybits hack, where attackers abused signing screens to approve a malicious transfer.  The Ethereum Foundation said a working group of wallet developers, security firms and its Trillion Dollar Security Initiative released the standard on May 12. The change targets self-custody users and institutions that need readable approval records.  The effort targets blind signing, a weak point where users approve calldata or partial transaction data they cannot understand. The Foundation said approvals are often the last defense when users control assets onchain, but “When it is done blindly, that defense does not hold.” It wants “What You See Is What You Sign” to become the default for Ethereum users.  ERC-7730 brings clearer transaction details  Clear Signing uses ERC-7730, a shared JSON description format, a public registry, and independent reviews. The setup lets wallets show what a transaction intends to do without changing existing smart contracts or how transactions settle

05-13Industry

XRP traders eye $1.5 as Ripple-linked token tops bitcoin (BTC) volumes in Korea

XRP is back at the top of South Korean trading screens.  The token‘s won pair was the most traded market on Upbit over the past 24 hours, with about $110.9 million in volume, ahead of bitcoin’s $88.6 million and ethers $67 million, CoinGecko data shows. On Bithumb, XRP/KRW recorded about $41 million in volume, ranking second behind USDT/KRW and above both BTC/KRW and ETH/KRW.  That matters because Korea has long been one of XRPs most active speculative markets. Bitcoin and ether usually dominate global exchange activity, but Korean traders have repeatedly pushed XRP into the top volume slot during periods of heightened interest, often before volatility expands.  Price-action has been muted, however. XRP traded near $1.44 to $1.45 across the two exchanges, up roughly 3% on the week. That beats bitcoin over the same period, but trails stronger gains in BNB and Solanas SOL, both of which have risen around 8%.  The setup is less about a finished breakout and more about pressure building under a level the market has not been able to clear.  Data from CoinDesk analytics shows XRP is still battling the $1.49 to $1.50 zone, an area that has repeatedly rejected upside attempts since February. The token has continued to compress

05-13Industry

Arbitrum DAO clears path to transfer $71M in frozen ETH to Aave

Ethereum  Arbitrum DAO clears path to transfer $71M in frozen ETH to Aave  A federal court just gave Arbitrum DAO permission to do something that, until last week, would have put its token holders in legal jeopardy: vote on what to do with $71 million worth of ETH that nobody has been allowed to touch since early May.  Judge Margaret Garnett of the US District Court for the Southern District of New York issued an order on May 8 modifying a restraining notice that had frozen 30,765 ETH tied to the Arbitrum DAO. The modification doesnt unfreeze the funds outright. It simply allows the DAO to hold an on-chain governance vote on whether to transfer those assets to Aave LLC, the legal entity behind the DeFi lending protocol, as part of a broader recovery effort following a massive exploit.  The exploit, the freeze, and the legal tangle  On April 18, an exploit involving the rsETH token drained funds in a hack linked to North Korea‘s Lazarus Group. Within two weeks, on May 1, the law firm Gerstein ROLP slapped a restraining notice on the 30,765 ETH sitting in the DAO’s treasury. The notice was tied to $877M in creditor claims.  Aave LLC had been working on

05-13Industry

From Passive Exposure to Active Infrastructure: The Growing Role of Bitcoin Treasuries in Yield Generation

The post From Passive Exposure to Active Infrastructure: The Growing Role of Bitcoin Treasuries in Yield Generation appeared first on Coinpedia Fintech News  Nearly 200 public companies now hold crypto on their balance sheets, but most of them follow the same script, i.e., buy Bitcoin, disclose it in a filing, and let the price swings do all the hard work.  And while that model has historically produced impressive paper gains during bull runs, it has also exposed a structural gap: whenever things go sideways, or when shareholders start asking harder questions about return on capital, passive holding does not have a clean answer.  BTCS S.A., listed on the Warsaw Stock Exchanges NewConnect market, operates on an entirely different premise where, instead of treating digital assets as a static treasury reserve, the company has built what it terms an Active Digital Asset Treasury Company (DATCO) structure.  This operational model is designed to generate recurring yield from its holdings without liquidating them, all while maintaining full regulatory transparency as a publicly listed entity. Thanks to this financial proposition, the company recently closed a Series F round (as well as launched a fresh $100M offering).  Running the Infrastructure, Not Just Owning the Assets  The practical expression of BTCS S.A.s

05-13Industry

Ondo Finance moves $63.9mln: Is a sell-off looming?

Ondo Finance transferred 150 million $ONDO worth nearly $63.9 million to a team-linked wallet eight hours before exchange activity increased. Shortly after, the same wallet deposited 18.83M $ONDO worth $8.1M into Coinbase.  The sequence quickly attracted market attention because traders often associate large exchange deposits with potential selling pressure.  However, the wallet still retained massive $ONDO reserves after the transfer activity concluded.  Arkham data also showed that Ondo Finance continued holding 5.63B $ONDO worth roughly $2.46B.  Team-linked reserves remained above 121 million $ONDO worth nearly $54 million. Those figures suggested that internal wallets still controlled a significant supply. As a result, traders closely monitored whether additional deposits would follow the Coinbase transaction.  Exchange flows shifted back to positive  At the time of writing, Spot Netflows had turned positive after $ONDO recorded over $1.02M in exchange inflows on the 12th of May.  The reversal followed several months of dominant outflow activity across spot markets. Earlier periods showed repeated negative flows, especially during July, September, and October.  However, recent inflow spikes increased as $ONDO recovered aggressively from its long consolidation phase.  Positive Netflows usually reflect rising exchange activity because traders move tokens closer to active liquidity venues.  Therefore, the latest shift suggested that holders started repositioning after $ONDOs breakout accelerated.  Smaller inflow spikes

05-13Exchange

Senators file over 100 amendments to crypto bill ahead of markup

Members of the US Senate Banking Committee have filed more than 100 amendments to a crypto market structure bill set for markup on Thursday, with the proposed changes mostly related to stablecoins, software developers and ethics.  According to a list obtained by POLITICO, Democratic senators have proposed dozens of changes, while Republicans are seeking slight adjustments to the bill.  It is not clear what the specific details of each amendment are, but some concern issues the committee has been seeking to solve for months, including stablecoin yield, crypto software developer protections and ethics provisions.  The list offers insight into the issues the committee will likely debate at the bills markup on Thursday as it seeks to advance the measure to the Senate floor. The Senate Banking Committee indefinitely delayed a previous markup in January after major crypto lobbyist Coinbase withdrew support for the bill.  The legislation aims to divide how US market regulators oversee crypto, with the House passing a version of it in July called the CLARITY Act. Crypto and banking lobbyists, along with lawmakers, have fought over provisions on stablecoins and whether government officials should be barred from involvement in crypto.  Further restrictions on offering stablecoin yields have been the bills most contentious

05-13Exchange

CFTC backs prediction market Kalshi in appeals court fight against Ohio

The US Commodity Futures Trading Commission has backed Kalshi in the companys legal fight against the state of Ohio, asking an appeals court to affirm that the regulator has jurisdiction over prediction markets.  The CFTC filed an amicus brief in the Sixth Circuit Court of Appeals on Tuesday, accusing Ohio of “jurisdictional overreach” after state authorities told Kalshi last year to stop offering sports event contracts in the state, calling them unlicensed sports gambling.  Kalshi sued Ohio authorities in October, seeking to have a federal court stop the Ohio Casino Control Commission and the state attorney general from taking action, but the court denied the request in March, leading Kalshi to appeal the decision.  “The federal district court in Ohio took an improperly narrow view of the Commission‘s jurisdiction, and we are asking the Court of Appeals to correct that error,” CFTC Chairman Mike Selig said in a statement. “As I’ve said repeatedly, the CFTC will not allow overzealous state governments to undermine the agencys longstanding authority over these markets.”  The dispute is one of many similar cases determining whether states have the power to restrict federally regulated prediction markets and has implications for major prediction market platforms such as Kalshi and Polymarket.  The CFTCs

05-13Exchange

Galaxy SharpLink fund targets $125M DeFi yield

Galaxy Digital and SharpLink have launched the Galaxy SharpLink Onchain Yield Fund with $125 million to deploy into DeFi protocols.SharpLink will commit $100 million from its staked ETH treasury to the fund, with Galaxy Digital contributing $25 million and managing investments.Capital will be deployed across DeFi liquidity protocols and onchain yield strategies while maintaining SharpLinks core Ethereum exposure.SharpLink holds 872,984 ETH in treasury and has generated 18,800 ETH in staking rewards since launching its Ethereum strategy in June 2025.  Galaxy Digital and SharpLink announced a non-binding agreement on May 11 to launch the Galaxy Sharplink Onchain Yield Fund, a $125 million limited partnership structured to put part of SharpLinks staked Ethereum treasury to work across DeFi strategies. Galaxy will serve as investment manager.  SharpLink will contribute $100 million from its staked ETH position, with Galaxy adding $25 million of its own capital. Mike Novogratz, founder and CEO of Galaxy, said the infrastructure for institutional DeFi participation “has matured to a point where allocators can access yield, liquidity, and risk management with the same rigor they expect in traditional markets.”  What the fund will do  The fund will deploy capital across DeFi liquidity protocols and other onchain yield-generating strategies. The structure is designed to keep

05-13Industry

Ethereum Introduces ERC-7730 Standard to Combat Blind Signing Threats

Ethereum  Ethereum Introduces ERC-7730 Standard to Combat Blind Signing ThreatsEthereum Foundation introduces ERC-7730 standard for transparent wallet transaction approvalsNew protocol addresses dangerous blind signing practices that enable crypto theftClear Signing registry provides human-readable transaction information to wallet usersInitiative responds to major security breaches involving unclear transaction approvalsERC-7730 establishes unified framework for secure transaction confirmation processes  The Ethereum Foundation has unveiled ERC-7730, an innovative open standard designed to eliminate blind signing vulnerabilities in cryptocurrency transactions. This initiative, supported by the Foundations Trillion Dollar Security Initiative, directly addresses security weaknesses that have enabled significant crypto theft incidents, including the devastating Bybit breach.  Understanding the ERC-7730 Clear Transaction Framework  The ERC-7730 protocol addresses a critical vulnerability in how cryptocurrency wallets handle transaction approvals. Currently, countless users authorize transactions without comprehending the underlying actions theyre confirming. This confusion creates opportunities for malicious actors to exploit unclear approval processes and drain user funds.  ERC-7730 establishes a standardized framework for presenting transaction information in plain language. Rather than displaying cryptic technical code, wallets can now show understandable descriptions of each transactions purpose and consequences. This transparency enables users to make informed decisions before permanently committing transactions to the blockchain.  The protocol integrates seamlessly with existing Ethereum infrastructure without demanding extensive smart contract

05-13Ethereum
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