Everything web3, crypto, defi, degen
In brief OpenAI’s GDPval benchmark tested real jobs—legal briefs, code, reports—and found AI matching human experts at breakneck speed. Claude and GPT-5 outperformed seasoned professionals in 44 occupations, improving threefold in just over a year. The study showed the first wave of disruption will hit office-based jobs, from coders to lawyers and journalists. OpenAI unveiled…
In brief $3.6 million has been sent from yield farming platform Hypervault Finance to crypto mixer Tornado Cash in an “abnormal withdrawal.” The funds were bridged to the Ethereum chain before being sent to Tornado Cash, according to reports from blockchain security firms. Hypervault’s social media and website remain inaccessible following the incident. Some $3.6…
In brief KuCoin was assessed a penalty of $19.5 million CAD ($14M USD) for failing to comply with Canadian anti-money laundering policies. The exchange has appealed the decision in Canadian Federal Court. KuCoin pleaded guilty to operating an unlicensed money-transmitting business in the U.S. in January, paying $300 million in fines and forfeitures. Peken Global…
In brief South Korean internet giant Naver is in talks over a share swap with Upbit operator Dunamu. Naver’s filing confirmed talks on a share exchange and stablecoin projects were taking place, but said no terms are finalized. The move builds on a July KRW stablecoin plan with Dunamu, ahead of new legislation expected in…
In brief Researchers built a “Swarm Oracle” of robots that collectively agreed on sensor data under adversarial attacks. The system uses a reputation token model to penalize faulty robots and reward accurate ones, enabling self-healing over time. Potential applications include disaster insurance, climate monitoring, and DePIN networks, though scalability remains a challenge. A swarm of…
In brief Only a small number of users were affected and no funds were lost, the crypto platform said. Investigators traced the breach to Noah Urban, who used social-engineering tactics to gain access to victim’s funds. Urban was indicted in 2024, pleaded guilty in April, and sentenced last month to a decade in prison. Crypto.com,…
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 retreat after post-FOMC rally; BTC -1% at $116,300 Joe Lubin confirms MetaMask token coming “very soon” Plasma sets mainnet debut…
In brief Nvidia invested $5 billion in Intel and agreed to co-develop custom chips for PCs and data centers. Jensen Huang framed the deal as coupling Nvidia’s accelerated computing with Intel’s x86 platforms. The move followed reports that China banned local tech firms from buying Nvidia AI chips. Nvidia announced Thursday it would invest $5…
In brief Sen. Elizabeth Warren is demanding answers from the DOJ about its enforcement of Binance’s 2023 settlement and the company’s ties to the Trump administration. Warren criticized the DOJ for not addressing previous questions about Binance’s compliance, a possible pardon for founder Changpeng Zhao, and links to Trump-affiliated crypto platforms. Warren raised new concerns…
In brief Digital asset custodian BDACS has launched KRW1, South Korea’s first fully regulated won-backed stablecoin, through a partnership with Woori Bank. Each token maintains full collateralization with Korean won held in Woori Bank escrow, according to BDACS. The launch comes amid competing parliamentary bills that debate interest payments and capital requirements for stablecoin issuers.…
