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Bitget hackers move $4 million into Zcash’s private pool, making funds harder to trace

Bitget hackers move $4 million into Zcash’s private pool, making funds harder to trace

3 weeks ago by Crypto InsightsCrypto

Wallets linked to Bitget’s $387.5 million hack moved about $3.9 million in zcash (ZEC) into the cryptocurrency’s private payment system on Wednesday, making the stolen funds harder to follow as the exchange tries to recover them. CoinDesk’s review of transaction records found that 2,746 ZEC… Read More

The restaking gold rush is over, and top protocols are barely making a profit

The restaking gold rush is over, and top protocols are barely making a profit

3 weeks ago by Crypto InsightsCrypto

EigenLayer held $19.7 billion at its peak and liquid restaking tokens grew more than 1,000% in the first six weeks of 2024. But the services buying security never paid enough to cover both the base staking yield and a premium on top, so the second… Read More

Workers at OpenAI, Anthropic, and Meta say AI is making their jobs harder, not easier

Workers at OpenAI, Anthropic, and Meta say AI is making their jobs harder, not easier

2 months ago by Crypto InsightsComputer Tips

The big picture: AI tools are being sold as a way to make work faster and easier. But employees at some of the companies building those tools say the opposite is happening inside their own workplaces. Current and former workers at OpenAI, Anthropic, Meta, and… Read More

Bitcoin-backed lending is making a comeback, according to Silicon Valley Bank

Bitcoin-backed lending is making a comeback, according to Silicon Valley Bank

4 months ago by Crypto InsightsCrypto

The growth case rests on a simple dynamic: as bitcoin ownership broadens and prices rise, holders increasingly want to borrow against appreciated collateral for tax efficiency, working capital or lifestyle needs, while lenders gain comfort underwriting overcollateralized loans secured by a highly liquid asset. The… Read More

AI is making crypto security cheaper, faster and harder to ignore

AI is making crypto security cheaper, faster and harder to ignore

4 months ago by Crypto InsightsCrypto

Urbelis said he believes AI could eventually reshape the standard of care around smart contract development. Historically, teams could point to the cost and complexity of audits as a reason certain reviews were not performed. That argument becomes more difficult when sophisticated security analysis is… Read More

A dozen banks want a euro stablecoin. Fireblocks is making it happen

A dozen banks want a euro stablecoin. Fireblocks is making it happen

6 months ago by Crypto InsightsCrypto

Cryptocurrency custody firm Fireblocks is handling the issuance and distribution of a euro-denominated stablecoin, backed by a group of twelve European banks, known as the Qivalis consortium. The euro-backed token, scheduled for release in the second half of 2026, is regulated by the Dutch Central… Read More

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