Coindesk

The Case for User-Owned AI

Who truly controls your AI assistant? That’s a question most people haven’t asked yet. Today, millions rely on digital assistants, from voice-controlled devices to smart bots embedded in tools like Google Workspace or ChatGPT. These systems help us write, organize, search, and even think. However, the vast majority of them are rented. We don’t own the intelligence we depend on. That means someone else gets to control it.If your digital assistant disappears tomorrow, can you do anything about it? What if the company behind it changes the terms, restricts functionality, or monetizes your data in ways you didn’t expect? These are not theoretical concerns. They’re already happening, and they point to a future we should actively shape.David Minarsch is a...

KiloEx’s ‘Sophisticated’ Hack Shows DeFi Risks — But This Time, Recovery Was Swift

KiloEx, a decentralized exchange (DEX) for trading perpetual futures, said Friday it recovered all of its hacked funds after a sophisticated attack this week left users reeling with losses of around $7 million.The DEX is working to close the legal process of recovering the funds and is awarding 10% of the recovered amount as a bounty to the white hat hacker who was involved in the process. "The legal process to formally close the case is now underway, in coordination with judicial authorities, our legal team, and third-party experts (special thanks to @SlowMist_Team@blitezero, who have extensive experience in such matters)," KiloEx said in a social media post on Friday. KiloEx's native token KILO surged more than 14% in 24 hours...

CoinDesk 20 Performance Update: Filecoin (FIL) Gains 3.7% as Index Trades Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2464.88, up 0.4% (+10.35) since 4 p.m. ET on Friday.Eighteen of 20 assets are trading higher.Leaders: FIL (+3.7%) and POL (+3.7%).Laggards: ADA (-0.2%) and BTC (-0.2%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Crypto Daybook Americas: Trump’s Fed Outburst Fails to Jolt Bitcoin

Welcome to your Good Friday edition of the daybook. With markets on a shortened schedule for the Easter holiday, today’s update is shortened as well. CoinDesk's Crypto Daybook Americas will be back to its regular size on Monday, April 21. Enjoy the holiday!By Francisco Rodrigues (All times ET unless indicated otherwise)It's Easter. Traditional markets are closed in many parts of the world and plenty of people are taking a break from work, and that's keeping crypto markets in check as well. The CoinDesk 20 Index (CD20), a measure of the biggest, most active cryptocurrencies, has gained less than 0.1% in the past 24 hours with bitcoin (BTC) up just 0.1%.That's a pretty muted response to calls from President Donald Trump...

HashKey Capital to Debut Asian XRP Tracker Fund With Ripple as Anchor Investor

HashKey Capital announced what it says is the first investment fund in Asia designed to track the performance of XRP, the digital asset used in Ripple’s global payment infrastructure.The new fund, called the HashKey XRP Tracker Fund, will be open to professional investors and will allow exposure to XRP without the need to manage the asset directly. It will offer the ability to buy through cash and in-kind subscriptions, and offers monthly liquidity.Ripple will be an early backer of the fund. The investment deepens its strategic ties with HashKey, which already has Hong Kong-listed spot ETFs for bitcoin (BTC) and ether (ETH).The company will continue to partner with Ripple on additional financial products, Vivien Wong, a partner at HashKey Capital,...