Cardano price started a fresh increase from the $0.80 zone. ADA is now rising and might attempt a clear move above the $1.00 zone. ADA price started a fresh increase from the $0.80 support zone. The price is trading above $0.950 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.9350 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could extend gains if it clears the $1.00 resistance zone. Cardano Price Eyes Steady Increase After a sharp decline, Cardano found support near the $0.7650 zone and started a fresh increase, like Bitcoin and Ethereum . ADA was able to surpass the $0.80 and $0.850 resistance levels. There was a clear move above the $0.850 and $0.950 resistance levels. Finally, the price traded close to the $1.00 level. A high was formed at $0.9880 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $0.7653 swing low to the $0.9880 high. Cardano price is now trading above $0.950 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $0.9350 on the hourly chart of the ADA/USD pair. Source: ADAUSD on TradingView.com On the upside, the price might face resistance near the $0.9880 zone. The first resistance is near $1.00. The next key resistance might be $1.020. If there is a close above the $1.020 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $1.120 region. Any more gains might call for a move toward $1.150 in the near term. Another Pullback In ADA? If Cardano’s price fails to climb above the $1.00 resistance level, it could start another decline. Immediate support on the downside is near the $0.960 level. The next major support is near the $0.9350 level and the trend line. A downside break below the $0.9350 level could open the doors for a test of $0.9120. The next major support is near the $0.880 level where the bulls might emerge. Technical Indicators Hourly MACD – The MACD for ADA/USD is gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now above the 50 level. Major Support Levels – $0.960 and $0.9350. Major Resistance Levels – $0.9800 and $1.00.
BitcoinWorld AI Agents: Unleashing Revolutionary Stablecoin Transfers on the Ethereum Network The world of cryptocurrency is constantly evolving, and a fascinating new development is on the horizon: artificial intelligence (AI) agents becoming major players on the Ethereum network . Imagine a future where AI-driven autonomous agents handle financial transactions seamlessly, particularly stablecoin transfers . This isn’t science fiction; it’s a rapidly approaching reality that could revolutionize blockchain e-commerce , as highlighted by insights from Coinbase developers Kevin Leffew and Lincoln Murr. What Are AI Agents and How Do They Connect to the Ethereum Network? AI agents are sophisticated software programs designed to perform tasks autonomously, often learning and adapting over time. Traditionally, these agents have operated within closed systems. However, their integration with blockchain technology, specifically the Ethereum network , opens up a new realm of possibilities. Coinbase developers Leffew and Murr suggest that these AI agents are poised to become the “biggest power users” of Ethereum. Their analysis, shared on Ethereum’s official X account, points to a unique combination of old and new technologies: HTTP 402 “Payment Required” Status: Created nearly three decades ago, this often-overlooked web status code signals that a client needs to make a payment to access a resource. Ethereum Improvement Proposal (EIP) 3009: This proposal enables “transferWithAuthorization” for ERC-20 tokens, allowing third parties to initiate transfers on behalf of a token holder, provided they have a signed authorization. Together, these elements create a powerful synergy. AI agents can leverage HTTP 402 to identify payment requirements and then utilize EIP 3009 to execute automated stablecoin transfers directly on the Ethereum blockchain, all without human intervention. Coinbase itself has already implemented this concept through its “x402 payments protocol,” showcasing its practical application. Powering the Future of Blockchain E-commerce: What Does This Mean? The implications of AI agents facilitating automated payments are vast, especially for blockchain e-commerce . Think about online transactions today – they almost always require human confirmation, even for recurring payments. This new paradigm shifts that reliance. Consider an AI agent managing a supply chain or a smart home device that automatically orders consumables. With this integration, the agent could: Receive an HTTP 402 response indicating a payment is needed for a service or product. Automatically initiate a stablecoin transfer using EIP 3009 from a pre-authorized wallet. Complete the transaction instantly and securely on the Ethereum network . This seamless, machine-to-machine payment flow reduces friction, increases efficiency, and opens doors for entirely new business models where autonomous systems interact and transact independently. It’s a significant leap towards truly automated digital economies. Why Are Automated Stablecoin Transfers a Game Changer? The ability for AI agents to perform automated stablecoin transfers is truly transformative. Stablecoins, pegged to fiat currencies like the US dollar, offer price stability, making them ideal for everyday transactions and predictable financial operations. When combined with AI’s efficiency, the benefits are clear: Unprecedented Efficiency: Transactions can occur 24/7 without human oversight, speeding up processes. Reduced Human Error: Automating payments minimizes the potential for mistakes in manual entries. Enhanced Security: Leveraging the cryptographic security of the Ethereum network for every transaction. New Economic Paradigms: Enabling autonomous agents to participate directly in economic activities, from micro-payments for data access to complex supply chain logistics. This development paves the way for sophisticated decentralized applications (dApps) and autonomous organizations (DAOs) where AI plays a central role in managing finances and executing payments, making HTTP 402 payments a cornerstone of this future. Challenges and the Path Forward for Ethereum Network Growth While the potential for AI agents as power users of the Ethereum network is immense, there are certainly challenges to address. Ensuring the security of wallets authorized for autonomous transfers is paramount. Scalability of the Ethereum network, especially with a potential surge in AI-driven transactions, will also remain a key focus for developers as the network evolves towards Ethereum 2.0. Regulatory clarity for autonomous transactions and the legal standing of AI agents as economic actors will also be crucial for widespread adoption. However, the foundational work by Coinbase and others, like the “x402 payments protocol,” demonstrates a proactive approach to building the necessary infrastructure. As the technology matures and frameworks adapt, the vision of AI agents driving a new era of blockchain e-commerce powered by automated stablecoin transfers on Ethereum moves closer to reality. The convergence of AI and blockchain is not just a technological curiosity; it’s a powerful force poised to reshape our digital economy. With AI agents leveraging the Ethereum network for automated stablecoin transfers , we are entering an exciting new chapter where efficiency, autonomy, and innovation will define the future of online transactions and beyond. Get ready for a world where your digital assistants don’t just remind you to pay bills, but pay them themselves! Frequently Asked Questions (FAQs) Q1: What exactly are AI agents in the context of blockchain? AI agents are autonomous software programs designed to perform specific tasks. When integrated with blockchain, particularly the Ethereum network, they can execute financial transactions and interact with decentralized applications independently, without direct human input. Q2: How do HTTP 402 and EIP 3009 enable automated payments? HTTP 402 is a web status code signaling that a payment is required. EIP 3009 allows a token holder to authorize a third party (like an AI agent) to transfer their ERC-20 tokens. Together, an AI agent can detect a payment requirement via HTTP 402 and then execute the stablecoin transfer on Ethereum using the EIP 3009 authorization. Q3: What are the main benefits of AI-driven stablecoin transfers? The key benefits include unprecedented efficiency through 24/7 automated transactions, reduced human error, enhanced security leveraging Ethereum’s cryptography, and the creation of new economic models where AI agents can directly participate in financial activities. Q4: How will this development impact blockchain e-commerce? This will revolutionize blockchain e-commerce by enabling seamless, machine-to-machine payments. AI agents can autonomously handle transactions for services, products, or subscriptions, leading to highly automated supply chains, smart device interactions, and entirely new forms of digital marketplaces. Q5: Is this technology currently in use? While full widespread adoption is still developing, companies like Coinbase are already implementing foundational aspects. Coinbase’s “x402 payments protocol” demonstrates the practical application of HTTP 402 combined with Ethereum’s capabilities for automated payments. If you found this article insightful, consider sharing it with your network! Help us spread the word about the revolutionary potential of AI agents and stablecoin transfers on the Ethereum network. Your shares help others discover the future of blockchain e-commerce. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption. This post AI Agents: Unleashing Revolutionary Stablecoin Transfers on the Ethereum Network first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin (BTC) and altcoins are experiencing significant volatility. Currently, Bitcoin has reached a new record high, reaching over $124,400. While BTC is hitting a new ATH, Ethereum (ETH) is on the verge of a new ATH. ETH reached $4,780 intraday, its highest level since the end of 2021. Analysts say the rise in Bitcoin is due to rising corporate demand and growing expectations that the Fed will cut interest rates in September. Bitcoin Could Reach $150,000! While the general rise in the market is expected to continue, IG market analyst Tony Sycamore said that the rise is supported by institutional demand and the Fed, as well as the Trump administration’s moves to facilitate cryptocurrency investment. “Technically, a sustained rally above $125,000 could push BTC to $150,000.” The rise may continue until the end of the year! Speaking to The Block, BTC Markets crypto analyst Rachael Lucas also noted that the rally is being fueled by the same catalysts. She added that she expects Bitcoin to maintain its upward momentum through the end of the year. Bitcoin prices are rising due to expanding demand for institutional and spot ETFs. I anticipate a sustained upward trend for the remainder of the year. The combination of supply shortages and strong structural demand will support further increases through the end of the year.” Lucas added that Bitcoin will maintain its upward momentum for the rest of the year, but will experience a period of consolidation in the $120,000 to $125,000 range. *This is not investment advice. Continue Reading: Bitcoin (BTC) Rebounds, New ATH Arrives! What to Expect from Bitcoin Price Next? Here's the Reason for the Rise and Analysts' Latest Predictions!
Crypto exchange Coinbase lost roughly $300,000 in token fees after a misconfigured interaction with decentralized exchange protocol 0x’s “swapper” contract allowed MEV bots to siphon funds from one of its corporate wallets. Coinbase’s chief security officer Philip Martin confirmed the mishap and called it an “an isolated issue” tied to a change in one of the exchange’s corporate DEX wallets. He stressed that no customer funds were affected, per an X post. Security researcher “deeberiroz” of Venn Network first flagged the exploit on Wednesday, saying Coinbase mistakenly approved tokens to the swapper contract — a permissionless tool designed for executing swaps but not intended to hold token allowances. That setup opened the door for opportunistic MEV bots, which immediately drained the wallet once approvals were live. MEV, or “maximal extractable value,” refers to the practice of front-running or reordering blockchain transactions to capture profits, or in this case, executing transfers before Coinbase could revoke access. “There appears to have been an MEV bot lurking in the dark, waiting for users to mistakenly approve to this contract — and then drain all their funds,” the researcher wrote on X. “Well, their dream came true thanks to Coinbase … They made a killing by draining the Coinbase fee receiver account of all the tokens they gathered.” Because the contract can be accessed by anyone, the bots were able to call it (a software term requesting services from another program) to transfer out the approved tokens directly to their own addresses. While $300,000 is immaterial for Coinbase, the breach shows how even leading exchanges are vulnerable to small but sophisticated forms of automated trading exploitation. MEV bots have long been a fixture in Ethereum and other blockchain ecosystems, profiting from token launches, NFT mints, and liquidity events by exploiting memepool visibility and transaction reordering. In this case, the bots simply waited for a high-value wallet — like Coinbase’s fee receiver — to mistakenly grant spending rights to an exposed contract, then executed the drain instantly.
An August 13 report by blockchain investigator ZachXBT has revealed how a North Korean hacking group used fake identities and freelance job platforms to secure crypto-related roles .
Ethereum is trading above $4,700, just 4% shy of its all-time high, as Bybit releases a report outlining its evolution and roadmap to 2035. The analysis predicts massive scaling, institutional adoption, and ETH’s rise as a benchmark yield asset. Ethereum’s Next Decade of Scaling and Institutional Adoption Projected by New Bybit Report Ethereum is closing
BitcoinWorld KAIA Listing Upbit Singapore: Exciting New Trading Opportunities Unveiled Today Get ready for a significant development in the crypto world! Upbit Singapore is making waves today with its official announcement: the KAIA listing Upbit Singapore is happening. Upbit Global shared this exciting news via its official X account, confirming the introduction of Kaia (KAIA) with a direct trading pair against the Singapore dollar (SGD). This move marks a crucial step for both the Kaia project and the broader regional cryptocurrency market. What is KAIA and Why is Upbit Singapore KAIA Significant? Kaia (KAIA) represents a promising new cryptocurrency project, aiming to innovate within the blockchain space. Its core purpose revolves around creating a robust and scalable ecosystem for decentralized applications and services. As with any new digital asset, gaining exposure on reputable exchanges is vital for its growth and adoption. The decision by Upbit Singapore to list KAIA brings several key benefits: Increased Visibility: A listing on a major exchange like Upbit significantly boosts KAIA’s profile among a wide base of potential investors and traders. Enhanced Liquidity: More trading activity typically leads to better price discovery and easier execution of trades, benefiting all participants. Accessibility: The listing opens the door for new users, particularly those in the Southeast Asian region, to easily acquire and trade KAIA. This development positions Upbit Singapore KAIA as a key pair to watch in the coming days, reflecting growing confidence in the Kaia project. The Power of the Upbit SGD Trading Pair One of the most impactful aspects of this announcement is the introduction of the Upbit SGD trading pair . This direct pairing against the Singapore dollar simplifies the process for Singaporean investors who wish to engage with KAIA. Historically, traders often needed to convert their fiat currency to a stablecoin (like USDT) before trading for cryptocurrencies. The direct SGD pair streamlines this, offering: Direct Fiat On-Ramp: Users can deposit SGD directly and buy KAIA without extra conversion steps. Reduced Fees: Eliminating an intermediate stablecoin trade can potentially save on transaction fees. Greater Convenience: It makes the entry point into the KAIA ecosystem much smoother and more intuitive for local users. This strategic move by Upbit Singapore highlights their commitment to serving the local market effectively, fostering greater adoption of the KAIA cryptocurrency . Navigating the Kaia Crypto Listing: What Traders Should Know The initial hours and days following a new Kaia crypto listing often see heightened trading activity and price volatility. Experienced traders typically monitor these periods closely for potential opportunities. However, new traders should approach with caution and ensure they understand the risks involved. Consider these actionable insights: Do Your Research: Understand Kaia’s whitepaper, its technology, and its roadmap before investing. Start Small: If you decide to trade, consider starting with a small amount to get a feel for the market dynamics. Risk Management: Never invest more than you can afford to lose, and consider setting stop-loss orders. The successful integration of KAIA into Upbit Singapore’s offerings could set a precedent for future listings and further solidify Singapore’s position as a leading crypto hub. A New Chapter for KAIA and Upbit Singapore The KAIA listing Upbit Singapore today marks an exciting new chapter for the Kaia project and for cryptocurrency traders. By offering a direct SGD trading pair, Upbit Singapore is enhancing accessibility and liquidity, which are crucial for the growth of any digital asset. This strategic move benefits both the exchange and the Kaia community, fostering a more robust and accessible trading environment. As the market adapts to this new listing, we anticipate increased interest and engagement around the Kaia cryptocurrency. Frequently Asked Questions (FAQs) Q1: What is Kaia (KAIA)? Kaia (KAIA) is a new cryptocurrency project designed to build a scalable and robust ecosystem for decentralized applications and services. Q2: Which exchange is listing KAIA today? Upbit Singapore is listing KAIA today, as announced by Upbit Global via its official X account. Q3: What trading pair will be available for KAIA on Upbit Singapore? Upbit Singapore will introduce a trading pair for KAIA against the Singapore dollar (SGD). Q4: Why is the Upbit SGD trading pair significant? The Upbit SGD trading pair allows Singaporean users to directly trade KAIA with their local fiat currency, simplifying the process, potentially reducing fees, and enhancing convenience. Q5: What should traders consider before trading the newly listed KAIA cryptocurrency? Traders should conduct thorough research on Kaia, understand the risks associated with new listings, and practice sound risk management strategies, such as starting with small amounts and setting stop-loss orders. Did you find this article insightful? Share it with your friends and fellow crypto enthusiasts on social media to spread the word about the exciting KAIA listing on Upbit Singapore! To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency institutional adoption. This post KAIA Listing Upbit Singapore: Exciting New Trading Opportunities Unveiled Today first appeared on BitcoinWorld and is written by Editorial Team
The former social media marketing firm already holds 19.1 BTC, and is also exploring diversification into other digital assets with approval to hold up to $250 million in crypto. The move was announced as Bitcoin hit record highs above $124,000 and follows Donald Trump Jr.'s purchase of 350,000 shares in the company. Thumzup’s stock also gained 7.62% in after-hours trading. Thumzup Plans Major Crypto Push Thumzup Media Corporation, a former social media marketing firm that pivoted into cryptocurrency investing earlier this year, is ramping up its crypto ambitions after raising $50 million from investors. The company announced plans to expand its strategy to include large-scale cryptocurrency mining and targeted blockchain investments, with a portion of the new funding earmarked for building “state-of-the-art” mining infrastructure. Thumzup said it is in talks with mining technology providers to accelerate the rollout. Announcement from Thumzup The firm currently holds 19.1 Bitcoin, joining the growing list of publicly traded companies that have added cryptocurrencies to their balance sheets in a bid to boost shareholder value. Interestingly, Donald Trump Jr., son of US President Donald Trump, bought 350,000 shares in the company in early July, which was then worth about $3.3 million. Thumzup’s latest announcement was made as Bitcoin reached a new all-time high of $124,128 before easing to $123,683. Earlier this year, the company also revealed plans to diversify its holdings beyond Bitcoin into assets like Dogecoin, Litecoin, Solana, XRP, Ethereum, and USDC, with board approval to hold up to $250 million worth of crypto. Thumzum Media Corp share price over the past 24 hours (Source: Google Finance ) Shares in Thumzup rose 7.62% in after-hours trading to $10.87 on Wednesday, partially rebounding from a steep drop earlier in the week after the firm’s public offering announcement. The stock is still up nearly 194.5% year-to-date despite recent volatility.
Tron founder Justin Sun has filed a lawsuit in the US District Court for the District of Delaware, seeking to stop Bloomberg from publishing what he calls highly sensitive details of his cryptocurrency holdings. The blockchain entrepreneur says the disclosure would invade his privacy, and put him and his family at risk. In the complaint, Sun alleges Bloomberg approached him earlier this year to be included in its online Billionaires Index , a ranking of the world’s richest individuals. Crypto Holdings Meant to Be Shown Only as Lump Sum, Sun Claims Before agreeing, he says Bloomberg assured him that any asset information he provided would be kept “strictly confidential.” Moreover, this applied especially to his cryptocurrency holdings. He adds that it would be used only to verify his net worth. Source: Sun v. Bloomberg, L.P., 1:25-cv-01007 Sun, who founded Tron in 2017 and has substantial crypto and other assets, says he ultimately agreed based on these assurances. He provided detailed wallet and asset data through a secure channel with Bloomberg’s wealth verification team. His understanding, he claims, was that any reference to his crypto assets in his profile would be limited to a lump sum valuation. He adds that it would not include a breakdown by token type. Bloomberg declined to comment on the matter. Confidentiality Promises Allegedly Broken With Draft Profile Release According to the filing, multiple Bloomberg journalists reiterated this confidentiality in writing. They stated that the data would remain on internal systems and that it would be accessible only to select staff. They also confirmed it would be deleted after verification. Sun’s team also set explicit conditions in March. They stated the information was “for verification purposes only” and “must not be used for any other purpose, including reporting.” Further, the lawsuit says Bloomberg did not object to these terms. In late July, Sun’s team learned that a Bloomberg journalist was using figures from the confidential material for a separate article. Around the same time, Bloomberg provided a draft Billionaires Index profile that included what Sun describes as “numerous inaccuracies” and, critically, a detailed breakdown of his cryptocurrency holdings by type and amount. Detailed Crypto Data Could Help Trackers Link Wallets, Filing Claims Sun argued that such granular disclosure is unusual for Bloomberg’s index. Further, he said it goes beyond what is published for other crypto billionaires, such as Coinbase’s Brian Armstrong or Binance’s Changpeng Zhao. He adds that these details are not shared unless the individuals have already made them public. He claimed the planned publication would allow blockchain trackers to link his wallets. As a result, he believes this could make him a prime target for hackers and thieves. Moreover, he warns it could even expose him to potential physical attacks. The filing notes that public blockchain transparency makes it relatively easy to identify large wallets once the asset composition is known. It also cites past incidents where wealthy crypto holders faced kidnapping or extortion attempts. Further, it references Bloomberg’s own prior reporting on these risks. Sun Argues Asset Breakdown Could Have Lasting Consequences Beyond One Article Sun is suing on two counts, public disclosure of private facts and promissory estoppel. Moreover, he claims Bloomberg’s planned publication clearly breaches the promises that convinced him to share the data. He adds that the harm could be both financial and physical. This is because crypto transactions are irreversible, and attackers can quickly move stolen funds. The lawsuit seeks a temporary restraining order, as well as preliminary and permanent injunctions. These would block Bloomberg from publishing the breakdown. In addition, it requests reimbursement of legal costs. Further, Sun has demanded a jury trial. For Sun, whose public profile is closely tied to Tron and other ventures, the case is about more than media coverage. It touches on a core tension in crypto between the transparency of blockchain data and the personal security of high-value holders. Sun says revealing his detailed holdings could have consequences that extend well beyond a single news profile. The post Tron Founder Justin Sun Takes Bloomberg to Court to Block Crypto Asset Reveal appeared first on Cryptonews .