GregoAI earns $250,000 bounty through autonomous exploit discovery

Tech  GregoAI earns $250,000 bounty through autonomous exploit discovery  A security-focused AI just earned a quarter-million dollars for finding a bug that human auditors missed. No human designed the exploit. No human guided the analysis. The machine did it alone.  Grego AI, a startup founded in 2024, announced that its multi-agent system autonomously identified a critical vulnerability in a major blockchain protocol. The flaw could have enabled a $27.7M theft. The affected project responded by awarding a $250,000 bug bounty, which Grego AI says is the largest ever paid for a vulnerability discovered solely by artificial intelligence without human intervention in exploit design.  How the system actually works  Grego AI calls its approach “Deep Invariant Analysis.” The system ingests a protocols complete codebase, builds dependency maps across the entire architecture, then deploys sandboxed agents that synthesize and test potential exploits. The agents analyze more than seven layers of dependencies, hunting for attack paths that traditional auditing methods might overlook.  The sandbox element is critical. Rather than probing live protocols and risking actual damage, the system creates isolated environments where it can attempt exploits safely. When an agent finds something promising, it generates a proof-of-concept exploit to verify the vulnerability is real and quantifiable.  A track record of

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Japanese Yen slides to two-week low vs USD as bears retain control

Finance  Japanese Yen slides to two-week low vs USD as bears retain control  The USD/JPY pair touches a two-week high during the Asian session on Friday and looks to extend the weekly uptrend amid a broadly firmer US Dollar (USD). Spot prices remain on track to register strong weekly gains and currently trade just below the 158.50 level, up slightly for the fifth consecutive day.  Traders ramped up their bets for an interest rate hike by the US Federal Reserve (Fed) in 2026 following the release of hotter-than-expected US inflation figures earlier this week. Adding to this, US Retail Sales expanded for the third straight month in April, reflecting a robust consumer spending and reaffirming hawkish Fed expectations. This, along with persistent geopolitical uncertainties, lifts the USD to a fresh monthly peak and acts as a tailwind for the USD/JPY pair.  Peace talks between the US and Iran remain in limbo amid broader disagreements over Tehrans nuclear program and the Strait of Hormuz. Moreover, US-China relations have stabilized following a high-level summit between President Donald Trump and President Xi Jinping. The International Monetary Fund (IMF) formally welcomed the constructive dialogue, noting that lowering trade tensions and reducing economic uncertainty are highly beneficial for global

05-15

Analyst Reveals What CLARITY Act Passing Today Means for Bitcoin, Ethereum and XRP Prices

The post Analyst Reveals What CLARITY Act Passing Today Means for Bitcoin, Ethereum and XRP Prices appeared first on Coinpedia Fintech News  The CLARITY Act cleared the Senate Banking Committee on Thursday in a 15-9 vote, marking the most important step yet for the most important crypto regulation bill in US history. Markets responded immediately. Bitcoin climbed to $81,449, Ethereum rose to $2,288, and XRP surged 4.51% to $1.49, leading major altcoins higher on the news.  Crypto analyst Michaël van de Poppe broke down what comes next and what it actually means for prices across the major digital assets.  The Path Forward Is Not Simple  Van de Poppe opened up about the procedural challenges still ahead. The bill now moves to the full Senate where it needs 60 votes to pass. Only two Democrats joined Republicans on the committee vote, which means significant outreach across the aisle is still required.  From there it heads to House reconciliation, which should be largely a formality since the House already approved an earlier version of the bill. After presidential signature, agency rulemaking begins, a process that typically takes one to two years before regulations actually take effect.  The GENIUS Act for stablecoins followed exactly this timeline. The stablecoin market

05-15

DGrid AI Partners with AltLLM to Drive Crypto AI Framework and Web3 Growth

DGrid AI, a popular decentralized AI infrastructure company, has partnered with AltLLM, a crypto-native AI network. The partnership aims to advance the development of robust crypto-native AI infrastructure as well as the wider Web3 adoption. As per DGrid AIs official social media announcement, the move focuses on merging its infrastructure capabilities with the AI-led crypto products of AltLLM to develop relatively efficient and scalable solutions for decentralized AI. Hence, both entities endeavor to improve infrastructure coordination, market expansion, and ecosystem growth via resilient AI integration.  DGrid AI and AltLLM Join Forces to Develop Scalable Crypto AI Infrastructure  DGrid AI‘s collaboration attempts to combine its infrastructure expertise and AltLLM’s advanced AI-led crypto products for the development of more effective and scalable decentralized AI solutions. The development highlights a rising market trend where AI and blockchain projects are merging to deliver more autonomous and smarter dApps. In this respect, AltLLM is developing a crypto-native AI network to link robust AI instruments with real blockchain-based utilities.  Apart from that, AltLLMs flagship offerings, such as AltClaw and AltLLM Chat, are set to deliver Web3-focused AI experiences with backing from embedded crypto intelligence, along with independent agent capabilities. The respective tools are anticipated to assist consumers in interacting

05-15

Japan’s Katayama says will act flexibly to safeguard peoples livelihood

Finance  Japan‘s Katayama says will act flexibly to safeguard people’s livelihood  Japans Finance Minister Satsuki Katayama said that she will attend the G7 meeting in France from May 17, Reuters reported on Friday. Katayama further stated that Japan will take a flexible approach to protecting household livelihoods as energy import costs continue to climb in the wake of Middle East supply disruptions.  Key quotes  Plans to visit France from May 17 for G7 finance ministers meeting.  Will monitor impact of energy import costs on electricity for now.  Has 1 trillion yen in reserve for fiscal 2026 budget, no urgent need for additional budget.  Will act flexibly to safeguard peoples livelihood.  Bond yields are increasing worldwide, including UK and US, G7 talks likely to address issue.  Market reaction  As of writing, the USD/JPY pair is up 0.07% on the day at 158.48.

05-15

Zcash drops 10% – Yet THIS ZEC support range still matters most

Tech  Zcash drops 10% – Yet THIS ZEC support range still matters most  After a week of strong upside momentum, Zcash [ZEC] entered a correction phase. The token dropped more than 10% over the past 24 hours following its recent breakout rally.  Even so, the decline still appeared more like a market reset than a full structural breakdown.  At press time, ZEC moved toward a key imbalance zone between $505 and $439. That range may shape the next major move.  Why did ZEC momentum weaken?  The correction gained strength as long liquidations accelerated across the derivatives market. Over $7.84 million in long positions were wiped out in the past 24 hours.  Source: CoinGlass  Forced selling after strong rallies often intensifies downside pressure, especially when leverage becomes overcrowded. At the same time, Open Interest dropped sharply.  ZEC Open Interest fell by more than $500 million over the last five days, showing traders closed positions instead of adding exposure.  That shift pointed to cooling market participation rather than aggressive bearish expansion.  Source: CoinGlass  The combination of falling Open Interest and rising liquidations often reflects a momentum reset instead of fresh bearish conviction.  Are bearish traders fully in control?  Roughly 57% of positions turned short during the correction phase.  However, bearish positioning did not arrive alongside stronger market

05-15

Kraken and Franklin Templeton partner to bring tokenized investment products onchain

Tech  Kraken and Franklin Templeton partner to bring tokenized investment products onchain  One of the largest crypto exchanges and one of the oldest asset managers in the US just decided to build something together. Payward Inc., the parent company of Kraken, is partnering with Franklin Templeton to develop tokenized investment products that live on blockchain rails.  The collaboration spans tokenized equities, actively managed yield products, and the integration of Franklin Templeton‘s BENJI money market fund into Kraken’s digital asset infrastructure.  What the partnership actually involves  First, Kraken will integrate Franklin Templetons BENJI money market fund as a collateral asset and cash management tool for institutional clients. Institutional traders on Kraken will be able to park cash in a tokenized money market fund and use it as collateral, rather than letting dollars sit idle in an account earning nothing.  Second, the two firms plan to develop actively managed onchain strategies under Franklin Templeton‘s brand. These are yield-focused products that will be managed by Franklin Templeton’s investment team but delivered through blockchain infrastructure.  Third, the partnership will tap into Paywards xStocks framework, which facilitates tokenized equity trading. That framework has processed over $30B in trading volume since it launched in 2025.  Initial access will be targeted at institutional clients. Retail

05-15

Japan wholesale inflation jumps to 4.9% as import costs surge

According to a Bank of Japan (BOJ) report issued Friday May 15, Japan‘s wholesale prices jumped 4.9% year-on-year in April. This number exceeds the 3.0% gain economists had forecast and nearly doubled March’s revised 2.9%, as the Iran conflict drove a sharp rise in oil and petrochemical import costs, Reuters reported.  The corporate goods price index (CGPI), which tracks what companies charge each other for goods, caught markets off guard. But beyond the headlines, yen-denominated import prices were even more revealing. Import prices rose 17.5% in April from a year earlier, nearly double its pace in March at 8.0%.  The cause: The war in Iran and the closed Strait of Hormuz. The resulting effect has seen crude prices spike, the dollar trading higher against the yen, driving up costs for Japans fuel-dependent economy.  Japanese manufacturers and retailers are passing cost increases to consumers faster than in previous oil shocks, per Nikkei Asia. Prices for petroleum products, chemicals, metals, and food have all risen.  Snack maker Calbee switched to black-and-white packaging amid an ink shortage tied to petroleum-derived solvent scarcity. Auto parts makers face soaring aluminum and plastics costs. Tech suppliers are not left out, with Helium shortages biting hard.  Three BOJ dissenters wanted to hike

05-15

Bitcoin Trading at a Discount on Coinbase: Is a Move to $76K Next for BTC?

Bitcoin  Bitcoin Trading at a ‘Discount’ on Coinbase: Is a Move to $76K Next for BTC?The Coinbase Bitcoin discount likely stems from stablecoin outflows rather than actual institutional sell pressure.Strategy continues buying Bitcoin as the market holds firm despite minor price differences across exchanges.  Bitcoin (BTC) showed resilience on Thursday by successfully defending the $79,000 level. However, some traders worry that upside momentum is stalling as Bitcoin on Coinbase trades at a discount relative to stablecoin pairs on international exchanges.  Coinbase discount likely driven by stablecoin outflows  While the indicator is often debated, it potentially suggests a lack of institutional buying demand, though the situation is likely more complex.  BTC/USD on Coinbase has maintained a 0.03% discount against Binance, OKX, and Bybit over the past week. This gap represents a notable shift from the 0.04% premium seen in April. This change in market structure happened even as Strategy (MSTR US) purchased 51,364 BTC during a three-week window.  Although a correlation exists between institutional activity and the Coinbase premium, stablecoin demand also impacts the metric. High volumes of traders moving from crypto back into fiat currency can cause stablecoins to devalue slightly against the dollar.  Consequently, these assets do not always trade at parity, which can distort the

05-15

Bitcoin holds above $80,000 as stocks sink and Treasury yields climb on hot inflation data

Bitcoin  Bitcoin holds above $80,000 as stocks sink and Treasury yields climb on hot inflation data  Bitcoin is sitting above $80,000 while US stocks are having a rough day and Treasury yields are climbing. The catalyst: an inflation report that came in hotter than expected, sending bond markets into a minor panic and equity investors scrambling for the exits.  The interesting part isn‘t that stocks fell. It’s that Bitcoin didnt follow them down.  The numbers behind the divergence  Bitcoin is trading above $80,000 with resistance sitting near the $82,000 level. Thats a far cry from the lows near $60,000 the asset touched not long ago, and the recovery has been steady rather than euphoric.  The broader crypto market is showing moderate strength. The CoinDesk Market Index gained about 1.5%, while total crypto market capitalization rose to roughly $2.67 trillion.  Trading volume tells a calmer story. Bitcoins 24-hour volume fell 6.7% to about $34.7 billion.  Elsewhere in the crypto market, Ethereum posted gains of approximately 0.9% while Solana climbed around 4.5%. Other major tokens trended upward as well.  Why inflation data matters for Bitcoin  US 10-year Treasury yields climbed toward approximately 4.4%, driven by persistent inflation concerns baked into the latest economic data. Historically, rising yields and hotter inflation prints have

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