Everything web3, crypto, defi, degen
In brief A Solana validator processed blocks with greater than 100,000 transactions per second in an experiment. The performance improvement was more than 25x the typical throughput of the Solana mainnet. Key Solana backers suggest that it means the network is ready for much more. The Solana network briefly processed more than 100,000 transactions per…
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 Ethereum wallet provider MetaMask will team up with payments services provider Stripe, according to a since-deleted governance proposal. A number of major financial services organizations and others are working on stablecoin initiatives or weighing them. U.K. bank Standard Chartered has predicted that the stablecoin market could reach $750 million by the end of…
In brief Following July’s Hitler-praising fiasco and an August suspension over Gaza comments, Grok now flags innocuous objects like sunsets and potatoes as coded hate. Users post memes of Grok calling clouds, puppy photos, and even geometric shapes antisemitic, complete with confident “expert” explanations. This situation is an example of why alignment and super alignment…
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…
