Author: itstechmagazine@gmail.com

Key points:Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September.Despite potential labor market weakness to come, crypto and risk assets lack an overall bullish catalyst, analysis says.BTC/USD continues to drop toward new multiday lows.Bitcoin (BTC) sold off at the May 28 Wall Street open as markets continued to price out US interest rate cuts.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC price retreats with Fed rate cut betsData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping below $108,000 to challenge multiday lows.Ahead of the minutes of the Federal Reserve’s May meeting, the mood among risk…

Cork Protocol, a decentralized finance (DeFi) platform, was hit by a smart contract exploit on May 28, resulting in the loss of roughly $12 million in digital assets.Cybersecurity firm Cyvers said the hack occurred at 11:23:19 UTC and was funded by an address ending in “762B.” According to the firm, the attacker used the exploit to steal roughly 3,761 Wrapped Staked Ether (wstETH), which was converted to Ether (ETH) almost immediately after the attack.“We are investigating a potential exploit on Cork Protocol and are pausing all contracts. We will report back with more information,” Cork Protocol co-founder Phil Fogel wrote…

Background of Coinbase’s May 2025 breach Coinbase, America’s largest cryptocurrency exchange, received an unsolicited email from an unknown threat actor on May 11, 2025. They claimed to possess sensitive information about its customers and demanded a ransom of $20 million. Before examining the breach, it is interesting to understand how it happened at a public company that spends millions monthly on cybersecurity. In February, blockchain investigator ZachXBT reported increased thefts involving Coinbase users. He blamed aggressive risk models and pointed out Coinbase’s failure to prevent $300 million in yearly losses from social engineering scams. A table ZachXBT shared on X showed $65…

BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO). According to a May 28 Bloomberg report citing anonymous sources, BlackRock is looking to purchase roughly 10% of the offering. Circle, the issuer of the USDC stablecoin, is aiming to raise $624 million in its initial public offeringCathie Wood’s Ark Investment Management is also interested in buying $150 million worth of shares in the offering, the report said. Circle launched its offering of 24 million shares of Class A common stock on May 27. The offering consists of shares from the company as well as…

Conduit, a cross-border payments company based in Boston, has raised $36 million in a Series A funding round led by Dragonfly and Altos Ventures. The capital will go to scale its payment system and expand currency offerings across fiat and stablecoins.Conduit markets its payment system as an alternative to the messaging network SWIFT, or Society for Worldwide Interbank Financial Telecommunications. Banks have relied on the SWIFT protocol to process wire transfers since the 1970s. Conduit claims its platform offers a modern alternative, enabling near real-time cross-border settlements by combining stablecoins with local fiat currencies through crypto infrastructure.“Traditional cross-border payment systems…

The modern living room is the heart of any contemporary home, blending functionality with sleek aesthetics. Whether you’re renovating or starting from scratch, creating a stylish and inviting space requires thoughtful planning. In this guide, we’ll explore key elements of a modern living room, from furniture choices to color schemes, helping you craft a space that’s both trendy and timeless. 1. Minimalist Furniture for a Modern Living Room One of the defining features of a modern living room is clean, minimalist furniture. Opt for sofas and chairs with straight lines, neutral tones, and subtle textures. Modular sectionals, sleek coffee tables,…

Introduction In the world of online trading and prediction markets, Kalshi has emerged as a platform that allows users to bet on real-world events. But with so many scams and unreliable platforms out there, many people are asking: “Is Kalshi legit?” This article will thoroughly examine Is Kalshi Legi legitimacy, regulatory compliance, user experiences, and overall trustworthiness to help you decide whether it’s a safe platform to use. What Is Kalshi? Kalshi is a regulated prediction market where users can trade on the outcomes of real-world events, such as economic indicators, political elections, and even weather forecasts. Unlike traditional gambling…

The stock market has always been a complex and volatile environment, but advancements in artificial intelligence (AI) are changing the game. One platform making waves in this space is 5StarsStocks.com AI, a cutting-edge tool designed to help investors make smarter, data-driven decisions. In this article, we’ll explore how 5StarsStocks.com AI works, its benefits, and why it’s becoming a go-to resource for traders and investors. What Is 5StarsStocks.com AI? This is an advanced stock prediction platform that leverages machine learning and big data analytics to forecast market trends. Unlike traditional stock analysis methods, which rely heavily on human intuition and historical…

G Flip net worth is an Australian singer, songwriter, drummer, and producer who has taken the music world by storm. Known for their energetic performances, genre-blending sound, and unapologetic authenticity, G Flip has built a loyal fanbase and a thriving career. But just how much has this multitalented artist earned? In this article, we’ll explore G Flip net worth, their career journey, and the factors contributing to their financial success. Quick Bio of G Flip CategoryDetailsFull NameGeorgia FlipoStage NameG FlipDate of BirthSeptember 22, 1993NationalityAustralianProfessionMusician, Singer, Drummer, ProducerDebut AlbumAbout Us (2019)Record LabelFuture ClassicEstimated Net Worth (2024)$2 million – $4 million Early…

In the ever-evolving world of social media, data-driven decisions are key to success. Instagram, being one of the most popular platforms, requires powerful tools to analyze performance, track competitors, and optimize content strategy. Enter Gramhir AI—a cutting-edge analytics tool designed to provide deep insights into Instagram profiles, engagement metrics, and growth strategies. In this article, we’ll explore Gramhir AI, its features, benefits, and how it stands out in the competitive landscape of social media analytics. We’ll also discuss its potential impact on marketers, influencers, and businesses looking to maximize their Instagram presence. What is Gramhir AI? It is an advanced Instagram analytics…