US law firm apologizes after AI hallucinations made it to a legal filing
Sullivan & Cromwell’s Andrew Dietderich said the company has AI policies to prevent incorrect citations and other errors, but procedures weren’t followed on this occasion....
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David Schwartz defends Arbitrum freeze by citing Bitcoin’s 2010 rollback
Ripple CTO David Schwartz has defended Arbitrum’s decision to freeze more than 30,000 ETH linked to the recent KelpDAO exploit. Summary David Schwartz said Arbitrum’s...
Grandson of Mob Boss John Gotti Sentenced for Funneling Stolen COVID Funds Into Crypto
In brief Carmine G. Agnello has been sentenced to 15 months in federal prison and ordered to repay $1.27M after defrauding the SBA’s COVID-19 EIDL...
Bitcoin Price Prediction: Another Ceasefire, Another Rally
Bitcoin price jumped 2.5% today after President Trump confirmed an extension of the Iran ceasefire, and the market moved exactly as the prediction suggests. BTC...
AI drives surge in ‘bug bounty’ reports, but the ‘slop’ is rising too
Crypto protocols have warned that an increase in AI use has led to a flood of bogus bug bounty submissions, putting a strain on teams...
Umbra shuts front end after hackers move stolen funds through protocol
Privacy-focused crypto protocol Umbra has taken its front-end website offline after hackers used the platform to move funds tied to recent major exploits. Summary Umbra...
Iran Scammers Demand Bitcoin, USDT for Transit Through Strait of Hormuz: Report
In brief Scammers impersonating Iran are demanding payment in BTC or USDT from vessels stranded at Hormuz. MARISKS believes at least one vessel fired at...
Privacy protocol Umbra shuts front end to stifle Kelp exploiters
Privacy-focused crypto protocol Umbra said it has taken down its front-end website to make it more difficult for hackers who have been using it to...
Nium integrates Coinbase to enable instant USDC payouts
Singapore-based fintech firm Nium has partnered with Coinbase to bring USDC-powered cross-border payments to its global network. Summary Nium has integrated Coinbase infrastructure to enable...
Amazon Will Invest Up to $25 Billion More in Anthropic as AI Demand Surges
In brief Amazon announced up to $25 billion in new investment in AI startup Anthropic, with $5 billion committed immediately. Anthropic commits to spending $100...