SYS Drops 20% After 5B Unauthorized Tokens Minted in Syscoin Bridge Exploit
An attacker exploited a validation flaw in Syscoin’s bridge system, minting about 5 billion SYS tokens without authorization and sending the token’s price into a nearly 20% freefall. This incident was revealed by the Syscoin team in an early postmortem published on X, and it comes during a tough...
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Sam Altman proposes public equity in AI firms with Bernie Sanders
Public equity in AI firms could reshape corporate governance, influence AI development priorities, and alter investment landscapes significantly. The post Sam Altman proposes public equity in AI firms with Bernie Sanders appeared first on Crypto Briefing....
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Arthur Hayes dumps WLD days after Maelstrom’s AI IPO pitch
Maelstrom’s Arthur Hayes has been on a selling spree recently, offloading positions in HYPE, ZEC, NEAR and now WLD....
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JPMorgan sees Strategy reserve shortfall as key risk for Bitcoin investors
Michael Saylor’s Strategy has seen JPMorgan turn cautious on digital assets, with the bank warning that the company may need to rebuild its $ reserves as annual dividend obligations reach about $1.7 billion. According to a Friday report from JPMorgan…...
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PiggyBank’s LAB hedge backfires as USDC vault NAV drops 15%
PiggyBank closed its LAB hedge after extreme swings, with estimated NAV drawdowns of 15% for USDC, 12% for SPYx and 9% for JitoSOL accounts....
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Boris Cherny of Anthropic discusses Claude Code’s flexible AI workflows
Anthropic’s AI workflow innovations could redefine productivity metrics and investment strategies in the AI tools market, emphasizing automation. The post Boris Cherny of Anthropic discusses Claude Code’s flexible AI workflows appeared first on Crypto Briefing....
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Apollo and Blackstone finalize $35B debt deal to supercharge Anthropic’s AI infrastructure
This landmark debt deal underscores the strategic shift towards leveraging financial instruments to bolster AI infrastructure competitiveness. The post Apollo and Blackstone finalize $35B debt deal to supercharge Anthropic’s AI infrastructure appeared first on Crypto Briefing....
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Brian Windhorst: Wembanyama’s critical decision-making costs the game, coaching strategies under fire, and the Knicks’ teamwork shines over Spurs | Pardon My Take
Knicks’ teamwork shines as they outperform Spurs, despite criticism and high-pressure playoff challenges. The post Brian Windhorst: Wembanyama’s critical decision-making costs the game, coaching strategies under fire, and the Knicks’ teamwork shines over Spurs | Pardon My Take appeared first on Crypto Briefing....
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How Likely Was Zcash Exploited? Grayscale CLO Points To On-Chain Odds
Grayscale Chief Legal Officer Craig Salm has suggested that Zcash’s own shielded user base may be offering a more meaningful signal on exploit risk than external prediction markets. His comments came after Polymarket opened a market on whether Zcash’s Orchard pool vulnerability, publicized on June 4, is ultimately confirmed...
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