New artificial intelligence (AI) models have shifted the cybersecurity playing field in favor of attackers, causing a “vulnerability apocalypse” that led to the resurgence in decentralized finance (DeFi) hacks, according to Mitchell Amador, the CEO of bug bounty platform Immunefi. The proliferation of new AI models, such as Claude Opus 4.8 and ChatGPT 5.5, is…

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Artificial intelligence agents that have autonomous access to crypto wallets could become unstoppable if deployed maliciously or if they escape from sandboxes, experts from a leading academic research consortium warned. “Unstoppable Autonomous Agents” (UAAs) pose a clear threat if they are deployed to persist automatically and have access to digital assets, according to a June…

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Botanix, a Bitcoin scaling network that set out to bring “real utility” to BTC without token incentives, is winding down after four years in operation. In a Tuesday post on X, Botanix told users to withdraw all Bitcoin and other assets by July 9, after which remaining assets will be swept and “be unrecoverable.” The…

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Unverified smart contracts were linked to at least $36.7 million in losses across four DeFi exploits over the past six months, as attackers increasingly target protocols whose source code is not publicly available, according to Chainalysis. The largest incident involved Truebit, which lost $26.2 million after an attacker exploited an integer overflow vulnerability in a…

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The European Union should focus on a broader digital asset framework covering real-world assets and tokenization instead of regulating decentralized finance through a second version of the Markets in Crypto-Assets Regulation (MiCA), an adviser at the European Commission said. The European Commission launched a public consultation on MiCA in May, seeking feedback through Aug. 31.…

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Decentralized exchange edgeX has attributed a more than 40% collapse in its EDGE token to ‘deliberate’ market manipulation by an unnamed external party, a claim that onchain investigator ZachXBT has dismissed. Data from CoinMarketCap shows edgeX (EDGE) plunged from roughly $1.20 to an intra-day low of $0.3663 on Tuesday, a drop of around 70%. The…

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Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024. Radiant’s decentralized autonomous organization said in a blog post on Monday that its inability to recover the stolen funds, secure new capital and maintain…

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The hacker behind the $293 million Kelp DAO exploit has laundered nearly all of the unfrozen stolen funds, or about $220 million, in just six weeks, according to Arkham data and onchain analysts. The Kelp DAO hacker-tagged wallet appears to have laundered nearly all the stolen funds, with just $1.7 million remaining traceable in the…

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Stablecoin issuer Circle has reportedly blacklisted a smart contract linked to privacy protocol Zama, freezing approximately $12.6 million in user funds. The development, first flagged by on-chain investigator ZachXBT, involves the protocol’s Confidential USDC (cUSDC) contract deployed on Ethereum seven hours before ban.…

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Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the gap between usage and price could eventually narrow. Ethereum’s internal metrics, including transaction counts and total value locked in ETH terms, remain close to record levels, according to a Thursday report…

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