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Prediction markets reflect ‘wisdom of an informed minority,’ not crowd: Study

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About 3.5% of informed traders, including market makers and skilled takers, capture over 30% of profits on prediction platforms, while about 67% of users absorb the entirety of losses.

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South Korea urges exchanges to boost cold storage after Binance hack

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South Korean crypto exchanges are already required to hold at least 80% of customer crypto in cold wallets, but the regulator is urging more.

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North Korea denies role in $6.3B Binance hack, points finger at US

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Pyongyang has pushed back against the FBI’s attribution of the Binance attack, with Kim Yo Jong calling the US allegations politically motivated.

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AI poses greater threat to Bitcoin than quantum computing, Swan founder says

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The Swan Bitcoin founder warned that hackers are using large language models to exploit security flaws with just a few prompts.

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