Everything web3, crypto, defi, degen
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 Russian hacking group GreedyBear has scaled up its operations and stolen $1 million within the last five weeks. Koi Security reported that the group has “redefined industrial-scale crypto theft,” using 150 weaponized Firefox extensions. This particular ploy involves creating fake versions of widely downloaded crypto wallets such as MetaMask, Exodus, Rabby Wallet and…
In brief Former CNN host Jim Acosta interviewed an AI-generated avatar of Parkland victim Joaquin Oliver as part of a gun reform campaign. The segment, released on what would have been Oliver’s 25th birthday, was created with his parents and advocacy group Change the Ref. Critics called the video “unsettling,” raising ethical concerns over AI…
In brief North Korean hackers have used fake IT job offers to breach cloud systems and steal millions in crypto, Google and Wiz found. The TraderTraitor campaign has evolved since 2020 to target crypto firms with malware and AI-generated lures. The groups have stolen $1.6 billion in crypto this year and continue to scale their…
In brief The Panama Playlists appears to have leaked the Spotify accounts of some of the biggest names in crypto and AI. Coinbase CEO Brian Armstrong has created a playlist with just the same trance tune 60 times, which he says helps him focus. The last song Sam Bankman-Fried added to a playlist was Save…
In brief Quantum computers threaten blockchain security by cracking private keys with Shor’s algorithm. Chains using EdDSA, like Solana and Sui, are easier to upgrade for quantum resistance. Older chains like Bitcoin face steep risks and costly upgrades, or risk leaving assets exposed. Quantum computing could one day break the cryptographic foundations that secure trillions…
In brief Microsoft’s Copilot Mode enhances its Edge browser with AI-driven features like image analysis, video summaries, and more. Testing showed Copilot still requires precise prompts for accurate results and relies on captions for video analysis. It’s the next step in the race toward AI browsers that will fundamentally change how we use the web.…
In brief Nym’s token surged 12% after the UK began enforcing the Online Safety Act, triggering a 6,000% spike in VPN demand. The law forces age verification for online content, pushing users to seek privacy tools to bypass restrictions. Privacy advocates say the law enables mass surveillance under the guise of protecting children. The Nym…
In brief Jeff Garzik, an early Bitcoin developer, said he has a “super long-term view” of Ethereum and is bullish on it. Ethereum will continue to exist as a major project in the Web3 world, largely due to the usefulness and ubiquity of the Ethereum Virtual Machine, he said. ETH’s price soared past $3,800 this…
In brief Solana developers are coming together to focus on changing Solana’s market microstructure. The change centers on Application-Controlled Execution, allowing apps to control transaction execution order. Key players believe this focus will help Solana become home to the world’s most liquid markets. Developers and leaders in the Solana ecosystem are uniting around a focused…
