Bitcoin bridge Boltz suspends services as AI hacks outpace patches
Bitcoin bridge Boltz suspended services indefinitely after attacks from AI-powered hackers came in quicker than its rate of patches.
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A timeline of Coldcard’s $85M bitcoin theft
Coldcard firmware didn't properly utilize true random number generators, letting attackers sweep over 1,359 BTC last week.
Coldcard attack: 25 minutes, 500 wallets, $38M in BTC gone
Coldcard's makers say despite using "the best available AI models," it couldn't detect the bug that caused the theft of $38M worth of BTC.
Former FTX member Leopold Aschenbrenner’s $20B AI fund blows up
The AI hedge fund of ex-FTX Future Fund worker Leopold Aschenbrenner is asking investors for more capital to meet margin calls.
Credit default swaps forecast AI bankruptcies
CDS spreads are deteriorating across mega-cap AI stocks including Alphabet, Amazon, Meta, and SpaceX, which all hit record spreads this week.
— Barry Silbert, Crypto mining
Zcash 10X’d in a year but DCG’s Zcash miner kept losing money
Barry Silbert’s Zcash miner Fortitude Mining has published financials that paint a very different picture to its June pitch deck.
Search engines fix Claude leak but Perplexity users’ files still online
Perplexity Computer outputs from unwitting customers were accessible by querying Google, Bing, and DuckDuckGo search engines this morning.
Inside the mystery of BitMEX’s insurance fund
The BitMEX insurance fund was marketed as protection but a new lawsuit alleges it grew on collateral stripped from customers.
— HTX, Justin Sun
European Union sanctions Justin Sun’s HTX
The EU has added Huobi Global S.A. and HTX to its list of sanctions related to the Russian invasion of Ukraine.
Intel posts record $16B growth, workers rewarded with job cuts
Intel beat its own forecasts, posted a massive $16B in revenue, but still found a raft of jobs to terminate.