Hut 8 locks in $1B credit line, but faces 40% liquidity rules
Bitcoin miner Hut 8 announced on Sept. 28 that it had closed a four-year, $1 billion senior secured credit line. The facility gives the parent company room to borrow during site development and to back construction obligations with letters of credit. Its…
BlackRock sees a new $5 trillion AI trade emerging for stablecoins
BlackRock says AI could create a new class of stablecoin customer: machines that spend continuously without human approval. The world’s largest asset manager sees increasingly autonomous AI systems purchasing data, accessing software, and acquiring…
One wallet links $1.55 million FetchAI theft to massive 408.5 million NTX mint
A coordinated attack drained 8.7 million FET and used a compromised NuNet minter key to create 408.5 million NTX. The Sept. 19 attack emptied the Ethereum-side conversion contract used by SingularityNET’s bridge, removing 8,721,530 FET worth about $1.55…
Anthropic’s potential $2 trillion IPO is fueling an $80 million crypto trade
Anthropic’s prospective $2 trillion IPO has already spawned nearly $80 million in crypto derivatives bets before its public debut. Open interest in futures linked to the Claude developer has climbed to about $79.27 million, close to a record $80 million,…
Anthropic’s Claude helped 3 researchers breach OpenAI in under 72 hours
Anthropic’s Claude helped three security researchers breach OpenAI accounts and reach an internal code repository within 72 hours. Researchers at cybersecurity startup Hacktron chained an image-processing vulnerability with a flaw in OpenAI’s identity…
Bitcoin miners have amassed $100 billion of AI deals, but almost none of the revenue exists yet
Bitcoin miners have signed more than $100 billion in AI contracts while generating barely $1.1 billion in annualized revenue. More than 4 gigawatts of artificial intelligence and high-performance computing capacity are under contract across publicly…
Trump Backs AI License Plate Readers Amid Senate Scrutiny
Aboard Air Force One, President Trump casually endorsed the very surveillance technology that has triggered a Senate investigation and a forthcoming bill from Bernie Sanders — AI‑powered license plate readers capable of tracking millions of people with…
This XRP project is shutting down after wallet flaw exposed 4,000 accounts and drained $450,000
XRP Healthcare, an healthcare platform build on the XRP Ledger (XRPL), is winding down operations after a wallet flaw exposed thousands of accounts and led to roughly $450,000 in losses. On Sept. 10, the project said the Sept. 3 XRPH Wallet incident…
OpenAI’s math breakthrough exposes the next weak link in crypto security
OpenAI’s latest mathematics breakthrough could bring automated theorem proving closer to smart-contract security workflows. On Sept. 8, the AI company said that roughly 10,000 concurrent AI agents produced a solution addressing the Navier-Stokes…
OpenAI just showed why one of its former researchers thinks AI could kill everyone
OpenAI says its latest AI system solved a 90-year-old math problem in 88 hours, reigniting fears over runaway intelligence. On Sept. 8, the company said that an internal model significantly more capable than its recently released GPT-6 Astra coordinated…