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Justin Sun Prize Partners With MathDB, Led by Caltech Professor Tony Yue Yu, on 50-Problem Pilot The Office of Justin Sun has launched a pilot program for the Justin Sun Prize in collaboration with MathDB, a mathematical research platform. This prize aims to be the "Nobel P… #aml #crypto #justinsun

newsbtc.comJustin Sun Prize Partners With MathDB, Led by Caltech Professor Tony Yue Yu, on 50-Problem PilotThe Office of Justin Sun has launched a pilot program for the Justin Sun Prize in collaboration with MathDB, a mathematical research platform. This prize aims to be the "Nobel Prize of the AI Era," adapting to changes in scientific research and incentives. Problem-level awards can reach up to $1 million, with specific eligibility requirements. The collaboration will utilize MathDB for submissions, verification of formalizations, and review of materials. The Justin Sun Prize will then handle eligibility, attribution, and award terms assessment. Justin Sun emphasized the importance of combining human insight with machine intelligence for rigorous scientific progress. The pilot program features 50 problems across four award levels, including significant mathematical challenges like the Riemann Hypothesis. Awards are contingent on thorough eligibility verification and adherence to AML/sanctions laws. The program will reward not only solutions but also clear communication of those solutions, with prize distribution for mathematical solution, formalization, and exposition. MathDB serves as a database for mathematical knowledge, incorporating Lean formalization and proof verification. Professor Tony Yue Yu of Caltech is leading the scientific aspects of the pilot, highlighting the broad impact of fundamental research. The collaboration seeks to accelerate discovery and scientific progress through rigorous and verifiable approaches. Detailed information about the problems and procedures is available on MathDB and the Justin Sun Prize website.

South Korea lawmakers mull pushing crypto tax implementation to 2029 The Seoul government is reportedly weighing another delay for a 2020 income tax policy on digital assets, citing concerns with receiving data from US officials. #crypto #news

cointelegraph.comSouth Korea lawmakers mull pushing crypto tax implementation to 2029The Seoul government is reportedly weighing another delay for a 2020 income tax policy on digital assets, citing concerns with receiving data from US officials.

Tom Lee's Bitmine favors share buybacks to ether purchases as crypto declines The Ethereum treasury firm spent $46 million buying back shares as Chairman Tom Lee said crypto has held up better than AI stocks during the recent market pullback. #crypto #eth #news

coindesk.comTom Lee's Bitmine favors share buybacks to ether purchases as crypto declinesThe Ethereum treasury firm spent $46 million buying back shares as Chairman Tom Lee said crypto has held up better than AI stocks during the recent market pullback.

NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues. #cftc #crypto #news

coindesk.comNBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balksThe U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.

PHP flaw shows AI ‘vulnerability apocalypse’ is on schedule: Immunefi CEO Mitchell Amador warned internet users that websites could remain compromised for weeks, particularly smaller websites slower to adopt the emergency upgrades. #crypto #news

cointelegraph.comPHP flaw shows AI ‘vulnerability apocalypse’ is on schedule: Immunefi CEOMitchell Amador warned internet users that websites could remain compromised for weeks, particularly smaller websites slower to adopt the emergency upgrades.

Canada opens consultation on draft stablecoin rules, maintains ban on yields Under the draft rules, non-bank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within three business days. #crypto #news

coindesk.comCanada opens consultation on draft stablecoin rules, maintains ban on yieldsUnder the draft rules, non-bank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within three business days.

HOOD’s prediction markets to add $1.7B to revenue, exceed crypto by 2028: Bernstein Bernstein analysts raised Robinhood’s revenue estimates through 2026 and 2028, while maintaining their HOOD price target unchanged at $160. #crypto #news

cointelegraph.comHOOD’s prediction markets to add $1.7B to revenue, exceed crypto by 2028: BernsteinBernstein analysts raised Robinhood’s revenue estimates through 2026 and 2028, while maintaining their HOOD price target unchanged at $160.

Aviva Investors launches tokenized share class of $29B Sterling fund on XRP Ledger The move marks Aviva’s second fund to list tokenized shares, part of a broader collaboration to bring more tokenized funds to the XRP Ledger. #crypto #news #xrp

cointelegraph.comAviva Investors launches tokenized share class of $29B Sterling fund on XRP LedgerThe move marks Aviva’s second fund to list tokenized shares, part of a broader collaboration to bring more tokenized funds to the XRP Ledger.

Bitcoin holds near $80,000 as oil retreats and the Fed decision looms Bitcoin was little changed near $80,400 since midnight UTC while the DeFi index was the only CoinDesk index to gain, with the Fed due to decide on Wednesday. #btc #coindesk #defi

coindesk.comBitcoin holds near $80,000 as oil retreats and the Fed decision loomsBitcoin was little changed near $80,400 since midnight UTC while the DeFi index was the only CoinDesk index to gain, with the Fed due to decide on Wednesday.

Securitize’s tokenized stock value halves as Circle widens lead SECZ’s onchain market cap fell to $208.6 million as Circle-linked tokens reached a combined $383.6 million across several issuers in the $3.3 billion tokenized equities market. #crypto #news #sec

cointelegraph.comSecuritize’s tokenized stock value halves as Circle widens leadSECZ’s onchain market cap fell to $208.6 million as Circle-linked tokens reached a combined $383.6 million across several issuers in the $3.3 billion tokenized equities market.

Over 11 million bitcoin has no known owner. Here's what it means The large number of coins held in unidentified wallets shows that retail investors have been in this market for years, observers said. But this interpretation comes with a caveat. #btc #crypto #news

coindesk.comOver 11 million bitcoin has no known owner. Here's what it meansThe large number of coins held in unidentified wallets shows that retail investors have been in this market for years, observers said. But this interpretation comes with a caveat.

A 10.8-Billion-Year-Old Radio Burst Is Pointing to a Surprising Home After traveling 10.8 billion years, fast radio burst FRB 20240304B was picked up by South Africa’s MeerKAT array, making it the most distant FRB yet detected. Follow-up observations with the James Webb Space Telesco… #crypto #news

news.bitcoin.comA 10.8-Billion-Year-Old Radio Burst Is Pointing to a Surprising HomeAfter traveling 10.8 billion years, fast radio burst FRB 20240304B was picked up by South Africa’s MeerKAT array, making it the most distant FRB yet detected. Follow-up observations with the James Webb Space Telescope linked the signal to a dwarf galaxy where about 90% of the stars formed less than 30 million years ago, an […]

LND Tests A Guardrail Against Extreme External Bitcoin Fee Estimates LND's October 22 release candidate brings attention to a quiet source of wallet risk: outside fee estimates that software treats too generously. The 0.21.5 development notes describe a ceiling for values receiv… #btc #crypto #news

newsbtc.comLND Tests A Guardrail Against Extreme External Bitcoin Fee EstimatesLND's October 22 release candidate brings attention to a quiet source of wallet risk: outside fee estimates that software treats too generously. The 0.21.5 development notes describe a ceiling for values received through an external fee API, alongside fixes to other node operations.

India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet The Mumbai-based exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss. #crypto #news

coindesk.comIndia's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired walletThe Mumbai-based exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.

Bitcoin wallet bug let rogue servers steal funds when users tried to speed up payments Attackers replaced legitimate transactions with fake ones, then waited for users to approve higher fees. At least one person lost bitcoin before developers patched the flaw. #btc #crypto #news

coindesk.comBitcoin wallet bug let rogue servers steal funds when users tried to speed up paymentsAttackers replaced legitimate transactions with fake ones, then waited for users to approve higher fees. At least one person lost bitcoin before developers patched the flaw.

Reflect Makes Branded Token Issuance Easier While Leaving The Collateral In Charge Reflect's Create launch, promoted by Solana on October 22, offers a fast route to issuing a branded yield-bearing token. The interface can simplify issuance, but the economics still come from th… #crypto #sol #solana

newsbtc.comReflect Makes Branded Token Issuance Easier While Leaving The Collateral In ChargeReflect's Create launch, promoted by Solana on October 22, offers a fast route to issuing a branded yield-bearing token. The interface can simplify issuance, but the economics still come from the collateral behind the token and the way its interest is shared.

Ripple Swell Preview: The Evidence To Watch When Finance And Developers Meet Ripple's Swell conference is scheduled for October 27–29 in New York, combining its institutional event with the Apex developer gathering. Ahead of the opening, the useful question is which announcement… #crypto #news #xrp

newsbtc.comRipple Swell Preview: The Evidence To Watch When Finance And Developers MeetRipple's Swell conference is scheduled for October 27–29 in New York, combining its institutional event with the Apex developer gathering. Ahead of the opening, the useful question is which announcements will connect a commercial promise to a working product and a clear implementation path.

World ID Brings Human Verification Into The Banking Fraud Debate World launched its banking-and-finance offering on October 18. For a bank considering human verification, the useful question is narrower than whether an interaction looks authentic: what exactly does the proof establis… #crypto #news

newsbtc.comWorld ID Brings Human Verification Into The Banking Fraud DebateWorld launched its banking-and-finance offering on October 18. For a bank considering human verification, the useful question is narrower than whether an interaction looks authentic: what exactly does the proof establish, and what must the institution still verify?

UNDP And Blockchain For Good Put Public-Service Security Ahead Of New Payment Rails UNDP and the Blockchain for Good Alliance announced a two-year cybersecurity programme on October 19. The initiative brings a practical question into blockchain adoption by public institut… #blockchain #crypto #news

newsbtc.comUNDP And Blockchain For Good Put Public-Service Security Ahead Of New Payment RailsUNDP and the Blockchain for Good Alliance announced a two-year cybersecurity programme on October 19. The initiative brings a practical question into blockchain adoption by public institutions: whether the people operating a service can prevent failures, respond to them and restore access.

A16z Frontier Broadens The Pitch For Crypto As Investors Look Across Technologies Andreessen Horowitz is expanding its crypto team's investment brief. Chris Dixon's October 22 announcement renames a16z Crypto as a16z Frontier, with the new fund able to pursue a wider range of emergin… #crypto #news

newsbtc.comA16z Frontier Broadens The Pitch For Crypto As Investors Look Across TechnologiesAndreessen Horowitz is expanding its crypto team's investment brief. Chris Dixon's October 22 announcement renames a16z Crypto as a16z Frontier, with the new fund able to pursue a wider range of emerging technologies while continuing crypto investment.