Everything web3, crypto, defi, degen
In brief Qubic has given AIGarth, the AI model it has been training while it attacked privacy blockchain Monero, a social media account. AIGarth has faced public ridicule after it failed to solve basic math problems, such as 1+1. However, its creators say that its failures are part of a learning process, and come from…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors are slightly green after volatile day; BTC at $115,600 Tom Lee buys $1.7B in ETH in the past week, becomes…
In brief Qubic attempted a 51% attack on Monero last week, and still aims to change how the network’s consensus mechanism works. After a community Discord vote, Qubic will now prepare to see if its unique design works for Dogecoin. The AI protocol currently has no plans to attack Dogecoin; it just wants to “mine…
In brief Charles O. Parks III, aka “CP3O,” has been sentenced to just over a year in prison for a $3.5 million cryptojacking scheme. Parks mined nearly $1 million in cryptocurrency using stolen cloud computing power. He has forfeited $500,000 and a Mercedes-Benz, with restitution pending. A Nebraska man has been sentenced to one year…
In brief Total crypto market cap surged $4.2 trillion today, a new record. Ethereum, Solana, and Cardano prices are pumping, with signs pointing to building momentum. Myriad users give ETH an 87% chance to hit $5K this year, smashing past its previous all-time high. Crypto degens today woke up with smiles on their faces.The cryptocurrency…
In brief Qubic said that it had momentarily achieved control of 51% of the hash rate of privacy blockchain Monero. The firm said the event was an “experiment” and a way to “help” the network. However, a few experts said there had been no independent verification of the attack. AI protocol Qubic said it had…
In brief The price of Monero (XMR) has dropped 15.96% on the week so far. XMR investors are rushing for the exists as news spreads of a 51% network attack by the Qubic mining pool. The charts show bearish momentum is accelerating. The majority of the crypto market may be rejoicing today, but the king…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors mixed ahead of CPI; ETH leads +2% to $4,280 ETH ETFs post first $1B day; Tom Lee acquires 1.2M ETH…
In brief A man has been accused of stealing millions of dollars’ worth of cryptocurrency from Nancy Jones, the widow of the late country legend George Jones. Kirk West was arrested in Nashville after allegedly stealing $17 million worth of XRP, along with holdings of Ethereum and Shiba Inu. The pair had been romantically involved,…
In brief At least 3,500 websites are running a hidden Monero mining script delivered through a malicious injection chain. Attackers reused access from past campaigns, targeting unpatched sites and e-commerce servers. The malware keeps a low profile, limiting resource use to avoid triggering suspicion or security scans. Hackers have infected more than 3,500 websites with…
