Produced by SlowMist: Common Cryptographic Risks in Blockchain-Applications
Bitcoin’s safety mannequin is below new scrutiny as know-how leaders warn of quantum dangers. Solana co-founder Anatoly Yakovenko mentioned on the All-In Summit 2025 that Bitcoin should shift to quantum-resistant cryptography inside 5 years or face extreme breaches. Yakovenko famous that synthetic intelligence is rushing up progress in quantum computing. He argued that this raises…
UK police broke crypto historical past with a brand new token seizure, taking BTC value $7.3 billion. This is roughly equal to the British authorities’s whole crypto holdings. This fortune belonged to Zhimin Qian, a Chinese nationwide who defrauded round 128,000 individuals over three years. Her holdings might probably help a future Bitcoin Reserve within…
The Department of Justice charged a Venezuelan nationwide this week for allegedly utilizing crypto exchanges in a $1 billion cash laundering scheme. According to the grievance, the funds moved in and out of the United States. Outbound locations included “high-risk” jurisdictions resembling Colombia, China, Panama, and Mexico. Prosecutors Detail Multi-Step Crypto Fund Routing According to…
Crypto donations have turn into a essential workaround as Gaza faces banking restrictions, frozen monetary channels, and almost unimaginable situations for help distribution. However, this identical atmosphere of desperation and fragmented infrastructure has opened the door to questionable “humanitarian” operations, which have surfaced lately. Grassroots Aid Rises Through Crypto Crypto donations have turn into a…
Iran’s Islamic Revolutionary Guard Corps (IRGC) transacted greater than $2 billion in cryptocurrency to keep away from sanctions and gasoline cybercriminal operations, in accordance to Chainalysis. The determine may very well be increased, provided that it solely accounts for sanctions designations from the US. Iran’s scenario displays an exponential rise in illicit cryptocurrency transactions, pushed…
Researchers from Anthropic have discovered that three standard AI brokers can autonomously exploit vulnerabilities in good contracts, producing an estimated $4.6 million in simulated stolen funds. They additionally found new vulnerabilities in lately deployed blockchain contracts, displaying that AI-driven cyberattacks at the moment are attainable and worthwhile. AI-Driven Cyberattacks Prove Cost-Effective In a weblog put…