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Crypto
Phemex CEO says AI is bad news for crypto market
Phemex CEO Federico Variola said artificial intelligence has been broadly negative for the cryptocurrency industry, arguing it is drawing liquidity away and strengthening malicious actors through social engineering and vulnerability discovery. He said rising threats could make it harder for small protocol teams to operate without large cybersecurity budgets and could reduce the appeal of self-custody and decentralised finance. Others cited both risks and defensive uses for AI.
Crypto
Coldcard third attack sees 45 percent of stolen assets moved, signs of laundering of 97.09 BTC
About 45 percent of the funds stolen in a third attack targeting Coldcard bitcoin wallets has already been moved, as the attacker continues shifting assets using coinjoin and cross-chain transactions, according to Galaxy Research. It said 97.09 BTC has been moved so far, worth about $7.8 million at the time. Galaxy also identified a new set of 58 addresses that could raise total stolen bitcoin to 1,806 BTC, about $143.9 million at current prices.
Crypto
AI checks Bitcoin security, finds vulnerabilities across 150 repositories
A Bitcoin security resource group said it used advanced AI models to inspect about 150 Bitcoin-related repositories and found more than 12 vulnerabilities, which it reported to the respective projects. The group is conducting AI-based security audits across key Bitcoin software, including wallets, cryptographic libraries and infrastructure, as part of building a so-called Bitcoin red team platform. It is also developing an open-source AI platform for Bitcoin software auditing.
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Crypto
Coldcard hardware wallet flaw shakes trust, renews call to roll the dice
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Crypto
Bitcoin encryption intact, but wallet and hardware risks grow
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Crypto
500 bitcoins dormant for 12 years move as Coldcard security incident spreads
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Crypto
Bitcoin asset flight surges after Coldcard flaw exposed
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Crypto
Coldcard losses mount as Zhao says no asset is 100 percent safe
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Crypto
Coldcard outflow shakes bitcoin self-custody model as Bloomberg raises ETF alternative
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Crypto
1,082 bitcoin stolen in Coldcard incident; Strive says institutional custody should be considered
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Crypto
Galaxy Research says 1,196 Coldcard addresses compromised, 1,082 bitcoin stolen