Polyhedra releases preliminary incident report: The crash was caused by a chain reaction caused by a coordinated liquidity attack on the chain

AI is a prediction machine, great at probability but bad at surprise. Humans are chaos-powered improbability drives—breaking patterns, inventing the impossible. Douglas Adams basically warned us in Hitchhiker’s Guide: the real magic comes from unpredictability.

The post Coinbase CEO advocates for crypto legislation reform in Washington DC appeared on BitcoinEthereumNews.com. Key Takeaways Coinbase CEO Brian Armstrong is actively working in Washington, D.C. to promote new crypto market structure legislation. Armstrong is aiming to prevent future SEC leadership similar to former chair Gary Gensler. Coinbase Chief Executive Officer Brian Armstrong said he is working in Washington to advance crypto market structure legislation and prevent another Securities and Exchange Commission chair like Gary Gensler from taking office. The Coinbase CEO said he is focused on getting crypto market structure legislation passed. Coinbase, the largest U.S. crypto exchange, has been among the companies navigating the regulatory landscape as lawmakers and agencies work to establish clearer rules for digital assets. Source: https://cryptobriefing.com/coinbase-ceo-crypto-legislation-washington-dc/

PANews reported on January 13 that, according to on-chain analyst Yu Jin, pump.fun transferred another 148 million USDC and USDT obtained through the ICO sale of