Author: dfmines

The EOS Network, a blockchain that launched in 2018 amid the initial coin offering boom, has rebranded to Vaulta and will pivot to focusing on Web3 banking. The switch to Vaulta is tentatively scheduled for the end of May and will include a new token and the establishment of an advisory group known as the Vaulta Banking Advisory Council to help with the firm’s new direction, the company said in a March 18 statement.In a separate statement, the firm said the network’s EOS (EOS) token will transition to the Vaulta Token, which will be available on the nearly 140 exchanges where EOS trades and through a swap portal available in May. It added that the token’s ticker and technical details will be revealed at a later date. Source: EOS NetworkVaulta will also inherit EOS Network’s underlying infrastructure, including integration with the Bitcoin digital banking solution, exSat, which complements Vaulta’s BankingOS system, offering a suite of financial services through partnerships with Ceffu, Spirit Blockchain and Blockchain Insurance Inc. EOS Network’s rebranding to Vaulta marks a significant course correction for the blockchain,  which launched to great fanfare in June 2018 off the back of a year-long and largest-ever $4.1 billion ICO run by the company behind the network, Block.one.Following its launch, EOS was a top 10 project by market cap for several years. But its value has been in steady decline and is now just inside the top 100, sitting at 95, according to CoinGecko.There’s a range of opinions about where EOS went wrong. Some who volunteered to assist in developing the network say there was a lack of support and direction from Block.one. Related: Tracing the evolution of Blockchain, with Eos Network Foundation execBlock.one made a $24 million settlement with the Securities and Exchange Commission in September 2019, and some commentators argued that the firm’s focus then shifted from EOS’ base tech to other projects — like the social app-turned-NFT marketplace Voice and the crypto exchange Bullish.Goodblock CEO Douglas Horn believes EOS investors were misled from the start, telling Cointelegraph Magazine in 2023 that “Block.one did a deceitful ICO, whether that was planned from the beginning or not.”Magazine: Whatever happened to EOS? Community shoots for unlikely comeback

The EOS Network, a blockchain that launched in 2018 amid the initial coin offering boom, has rebranded to Vaulta and will pivot to focusing on Web3 banking. The switch to Vaulta is tentatively scheduled for the end of May and will include a new token and the establishment of an advisory group known as the Vaulta Banking Advisory Council to help with the firm’s new direction, the company said in a March 18 statement.In a separate statement, the firm said the network’s EOS (EOS) token will transition to the Vaulta Token, which will be available on the nearly 140 exchanges where EOS trades and through a swap portal available in May. It added that the token’s ticker and technical details will be revealed at a later date. Source: EOS NetworkVaulta will also inherit EOS Network’s underlying infrastructure, including integration with the Bitcoin digital banking solution, exSat, which complements Vaulta’s BankingOS system, offering a suite of financial services through partnerships with Ceffu, Spirit Blockchain and Blockchain Insurance Inc. EOS Network’s rebranding to Vaulta marks a significant course correction for the blockchain,  which launched to great fanfare in June 2018 off the back of a year-long and largest-ever $4.1 billion ICO run by the company behind the network, Block.one.Following its launch, EOS was a top 10 project by market cap for several years. But its value has been in steady decline and is now just inside the top 100, sitting at 95, according to CoinGecko.There’s a range of opinions about where EOS went wrong. Some who volunteered to assist in developing the network say there was a lack of support and direction from Block.one. Related: Tracing the evolution of Blockchain, with Eos Network Foundation execBlock.one made a $24 million settlement with the Securities and Exchange Commission in September 2019, and some commentators argued that the firm’s focus then shifted from EOS’ base tech to other projects — like the social app-turned-NFT marketplace Voice and the crypto exchange Bullish.Goodblock CEO Douglas Horn believes EOS investors were misled from the start, telling Cointelegraph Magazine in 2023 that “Block.one did a deceitful ICO, whether that was planned from the beginning or not.”Magazine: Whatever happened to EOS? Community shoots for unlikely comeback

An attacker has breached the dashboard of an artificial intelligence crypto bot and made two prompts for it to transfer 55.5 Ether, worth $106,200, from its wallet, sparking concerns about the security of AI agents in crypto.In a March 18 X post, “rxbt” — the maintainer of the bot called “aixbt,” which commentates on the market — said its core systems weren’t impacted, and the breach wasn’t the result of manipulating the AI.“We’ve migrated servers, swapped keys, paused dashboard access for security upgrades, and reported hacker addresses to exchanges,” rxbt added.Source: rxbtCoinGecko data shows that the aixbt (AIXBT) token on the Ethereum layer 2 Base has fallen 15.5% to 9 cents since the hack, which happened on March 18 at 1:58 am UTC.Observers initially thought someone had manipulated the bot, after the AI agent platform Simulacrum AI posted to X that it sent a 55.5 Ether (ETH) tip to the attacker, X user “0xhungusman,” whose account has since been suspended.Source: Simulacrum AIAI-powered bots that commentate on and trade in the crypto market, such as aixbt, ai16z and Truth Terminal, continue to be experimented with in crypto as traders look to leverage AI in their trading strategies.Spencer Farrar, a partner at the AI and crypto-focused venture capital firm Theory Ventures, told Cointelegraph that these AI applications are “a bit frothy” at the moment, but more utility could come down the line.Farrar expects to see further experimentation with crypto AI tokens, as they allow retail investors to speculate on smaller market cap ideas that largely aren’t as accessible in the stock market.“Things tend to start off like this in the open-source world; you see a ton of tinkering, and then perhaps we’ll see something really big come of it.”Related: Not every AI agent needs its own cryptocurrency: CZDecentralized AI researcher “S4mmy” said on X that AI agents managing crypto funds must be battle-tested further to ensure threat actors can’t easily compromise AI bots and steal funds.“Excited to see how these solutions evolve over the next 12 months as large DeFi protocols integrate existing solutions or develop their own,” they added.Source: rxbtThe market capitalization of tokens tied to AI agents currently sits at $4.2 billion, CoinGecko data shows.Magazine: Train AI agents to make better predictions… for token rewards

An attacker has breached the dashboard of an artificial intelligence crypto bot and made two prompts for it to transfer 55.5 Ether, worth $106,200, from its wallet, sparking concerns about the security of AI agents in crypto.In a March 18 X post, “rxbt” — the maintainer of the bot called “aixbt,” which commentates on the market — said its core systems weren’t impacted, and the breach wasn’t the result of manipulating the AI.“We’ve migrated servers, swapped keys, paused dashboard access for security upgrades, and reported hacker addresses to exchanges,” rxbt added.Source: rxbtCoinGecko data shows that the aixbt (AIXBT) token on the Ethereum layer 2 Base has fallen 15.5% to 9 cents since the hack, which happened on March 18 at 1:58 am UTC.Observers initially thought someone had manipulated the bot, after the AI agent platform Simulacrum AI posted to X that it sent a 55.5 Ether (ETH) tip to the attacker, X user “0xhungusman,” whose account has since been suspended.Source: Simulacrum AIAI-powered bots that commentate on and trade in the crypto market, such as aixbt, ai16z and Truth Terminal, continue to be experimented with in crypto as traders look to leverage AI in their trading strategies.Spencer Farrar, a partner at the AI and crypto-focused venture capital firm Theory Ventures, told Cointelegraph that these AI applications are “a bit frothy” at the moment, but more utility could come down the line.Farrar expects to see further experimentation with crypto AI tokens, as they allow retail investors to speculate on smaller market cap ideas that largely aren’t as accessible in the stock market.“Things tend to start off like this in the open-source world; you see a ton of tinkering, and then perhaps we’ll see something really big come of it.”Related: Not every AI agent needs its own cryptocurrency: CZDecentralized AI researcher “S4mmy” said on X that AI agents managing crypto funds must be battle-tested further to ensure threat actors can’t easily compromise AI bots and steal funds.“Excited to see how these solutions evolve over the next 12 months as large DeFi protocols integrate existing solutions or develop their own,” they added.Source: rxbtThe market capitalization of tokens tied to AI agents currently sits at $4.2 billion, CoinGecko data shows.Magazine: Train AI agents to make better predictions… for token rewards

Several U.S. lawmakers have warned that President Trump’s crypto dealings and Elon Musk’s unchecked power endanger financial stability, weaken oversight, and erode public trust in government accountability. US Lawmakers Sound the Alarm Over Trump’s Crypto Ties and Musk’s Expanding Power Four U.S. senators, including Elizabeth Warren, along with Representative Jamie Raskin, sent a letter to […]

The BNB Chain-based memecoin launch platform Four.Meme has resumed operations after being hit with a sandwich attack that exploited it for around $120,000.  Four.Meme said in a March 18 X post that its launch function was back after inspecting and addressing a security issue. It had earlier suspended the function to investigate it, saying it was “under attack.”“The launch function has now been resumed after a thorough security inspection. Our team has addressed the issue and reinforced system security. Compensation for affected users is underway,” the Four.Meme team said. Source: Four.MemeWeb3 security firm ExVul said in a March 18 X post that the exploit appeared to be a market manipulation technique known as a sandwich attack that netted the attacker $120,000. It said the attacker “pre-calculated the address for creating the liquidity pool’s trading pair” and utilized one of the platform’s functions to purchase tokens, which successfully bypassed Four.Meme’s token transfer restrictions.“Subsequently, the hacker lay in wait for Four.Meme to add liquidity to the transaction, ultimately siphoning off the funds,” ExVul added.Source: ExVulBlockchain security firm CertiK came to a similar conclusion and said the attacker transferred an imbalanced amount of un-launched tokens to pair addresses before the pair was created, then manipulated the price at launch to sell them afterward for profit. “In this case of SBL token, for example, the attacker sent a bit of SBL token to the pre-calculated pair address in advance, then profited 21.1 BNB by sandwiching the add liquidity transaction at launch,” CertiK said. Source: CertiKThe tactic saw the attacker leave with at least 192 BNB (BNB), worth about $120,000, which they sent to the decentralized crypto exchange FixedFloat, according to CertiK. Related: Pump.fun memecoins are dying at record rates, less than 1% surviveIt’s the second time that Four.Meme has been attacked in as many months, with a Feb. 11 exploit resulting in the loss of about $183,000 worth of digital assets.Across the broader crypto industry, February saw $1.53 billion in losses to scams, exploits and hacks, with the $1.4 billion Bybit hack accounting for the lion’s share. Blockchain analytics firm Chainalysis says the past year saw $51 billion in illicit transaction volume, partly due to crypto crime entering a professionalized era dominated by AI-driven scams, stablecoin laundering, and efficient cyber syndicates. Magazine: Memecoins will die and DeFi will rise again — Sasha Ivanov 

The BNB Chain-based memecoin launch platform Four.Meme has resumed operations after being hit with a sandwich attack that exploited it for around $120,000.  Four.Meme said in a March 18 X post that its launch function was back after inspecting and addressing a security issue. It had earlier suspended the function to investigate it, saying it was “under attack.”“The launch function has now been resumed after a thorough security inspection. Our team has addressed the issue and reinforced system security. Compensation for affected users is underway,” the Four.Meme team said. Source: Four.MemeWeb3 security firm ExVul said in a March 18 X post that the exploit appeared to be a market manipulation technique known as a sandwich attack that netted the attacker $120,000. It said the attacker “pre-calculated the address for creating the liquidity pool’s trading pair” and utilized one of the platform’s functions to purchase tokens, which successfully bypassed Four.Meme’s token transfer restrictions.“Subsequently, the hacker lay in wait for Four.Meme to add liquidity to the transaction, ultimately siphoning off the funds,” ExVul added.Source: ExVulBlockchain security firm CertiK came to a similar conclusion and said the attacker transferred an imbalanced amount of un-launched tokens to pair addresses before the pair was created, then manipulated the price at launch to sell them afterward for profit. “In this case of SBL token, for example, the attacker sent a bit of SBL token to the pre-calculated pair address in advance, then profited 21.1 BNB by sandwiching the add liquidity transaction at launch,” CertiK said. Source: CertiKThe tactic saw the attacker leave with at least 192 BNB (BNB), worth about $120,000, which they sent to the decentralized crypto exchange FixedFloat, according to CertiK. Related: Pump.fun memecoins are dying at record rates, less than 1% surviveIt’s the second time that Four.Meme has been attacked in as many months, with a Feb. 11 exploit resulting in the loss of about $183,000 worth of digital assets.Across the broader crypto industry, February saw $1.53 billion in losses to scams, exploits and hacks, with the $1.4 billion Bybit hack accounting for the lion’s share. Blockchain analytics firm Chainalysis says the past year saw $51 billion in illicit transaction volume, partly due to crypto crime entering a professionalized era dominated by AI-driven scams, stablecoin laundering, and efficient cyber syndicates. Magazine: Memecoins will die and DeFi will rise again — Sasha Ivanov 

Ethereum has faced intense selling pressure over the past few weeks, with its price falling below the $2,000 threshold. This intense run of declines saw the cryptocurrency reach a low of $1,750 on March 11, marking its lowest point since November 2023. However, despite this steep drop, a new technical setup suggests Ethereum could be on the verge of a bullish turnaround, as it now retests a key resistance level on the 4-hour chart. Ethereum Retests Critical Resistance After Rebound Ethereum’s price action has been full of downtrends and many investors exiting their positions since the beginning of March. As such, Ethereum broke finally below $2,000 on March 10 after support failed to hold, and has spend the past week trading below this level. Related Reading: Ethereum, Dogecoin Lead Large Cap Losses As Bitcoin Moves Into Bear Market Territory Although after sinking to $1,750, Ethereum has shown signs of recovery and has now rebounded to around $1,900. This little price action of recovery has brought the cryptocurrency back to a downward-sloping resistance trendline, a level that has acted as a barrier to brief upward movements of accumulations during the recent downtrend. The test of this resistance now presents a potential breakout scenario where bullish momentum flows into Ethereum. An analyst on TradingView highlighted this setup, noting that a breakout above the resistance trendline could open the doors for a significant rally above $2,000. Analyst Sets Bullish Price Targets For ETH Despite the prevailing bearish sentiment that continues to weigh heavily on the broader crypto market, a TradingView analyst has identified a bullish trade setup on Ethereum’s 4-hour candlestick chart. This suggests that despite the recent decline, there remains a degree of optimism among some analysts and investors who believe Ethereum could soon regain its bullish footing.  Related Reading: Ethereum In 2024 Vs. 2025: What Important Technical Indicators Are Saying According to the analysis, a confirmed breakout above $1,885 could serve as an ideal entry point. At the time of writing, Ethereum is yet to break above the downward sloping resistance trendline, as the breakout point is currently set just below $2,000. If Ethereum were to eventually break above the resistance, the analyst noted a probable price target of $2,596.  On the flip side, the analysis advices placing a stop loss at $1,700, meaning the setup is structured to manage risk while aiming for substantial gains. This is in case if the bearish momentum is too great to be overcome, and the Ethereum price gets rejected again at the resistance trendline. Given the high-risk reward ratio, the analyst advised watching for a surge in volume, which would provide confirmation that Ethereum is breaking out with momentum. At the time of writing, Ethereum is trading at $1,895. Price action in the past 24 hours saw Ethereum reach an intra-day high of $1,950 before rejecting. However, the leading altcoin is still rolling around this resistance trendline, and there is a chance of a push upward again in the next 48 hours. Featured image from Unsplash, chart from Tradingview.com

EOS is rebranding to Vaulta as it pivots toward Web3 banking. Alongside this transformation, the platform plans to introduce a new digital asset, allowing EOS holders to exchange their existing tokens on a 1:1 basis for the newly minted currency. Vaulta Emerges as EOS Rebrand, Aims to Bridge Traditional Finance and Decentralized Banking Vaulta, the […]

hi all, im making the bold attempt to try and shift the culture of crypto youtube. i have a new channel called 90 seconds to crypto and i used to only make hyper-short 90 second videos but have been experimenting more with longer format content. would love if you guys gave it a watch and…
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