Ethereum co-founder Vitalik Buterin has raised fresh concerns over the use of artificial intelligence (AI) in crypto governance, warning that malicious actors could exploit AI models through jailbreaks and vulnerabilities. His remarks come shortly after OpenAI’s latest ChatGPT update was demonstrated to leak private data under specific exploit conditions. As AI tools evolve, many crypto projects have started experimenting with AI-based agents for trading, portfolio management, and even governance structures. The idea is that AI could bring efficiency, speed, and fairness in decision-making. However, Buterin believes this enthusiasm may be misguided when applied to governance, especially when it comes to…
Author: Blockto Team
Millions of accounts suspended amid anti-scam crackdown, leaving citizens and expats scrambling Thai banks have frozen millions of accounts in a sweeping crackdown against online scams, leaving many innocent citizens and expatriates unable to access their money. The move has reignited debate over whether Bitcoin could serve as an alternative in times of financial uncertainty. Millions of Accounts Impacted The campaign, which began in August, has already seen three million accounts frozen and daily transfer limits imposed nationwide. The Cyber Crime Investigation Bureau (CCIB) confirmed that even legitimate online vendors and merchants have been caught in the dragnet after scammers…
Jimmy Song argues Taproot added “trolling value” instead of privacy and security Bitcoin Core developer Jimmy Song has criticized the Taproot upgrade, saying it has failed to live up to expectations and instead opened the door for controversial uses like Ordinals and BRC-20 tokens. Taproot’s “Social Attack Surface” In a video shared on X, Song said that developers behind Taproot did not account for its unintended side effects. “What they ignore is that Taproot had significant trolling value as the upgrade that Bitcoiners were placing their hopes in,” he noted. Song argued that Taproot expanded Bitcoin’s “social attack surface”, enabling…
Compliance-first strategy signals shift in stablecoin oversight versus privacy Tether has officially unveiled its U.S.-compliant stablecoin, USAT, in a move designed to cement its footprint in the American market while challenging Circle’s USDC. The launch, announced Friday in New York City, could reshape the stablecoin landscape by testing how far issuers can balance regulatory oversight with user privacy. A Hedge-and-Expand Strategy Colin Butler, EVP at Mega Matrix, described the rollout as “a hedge-and-expand move. It gives Tether a U.S.-regulated rail for banks, fintechs, and corporates while preserving USDT’s offshore reach.” USAT will be issued through Anchorage Digital Bank and backed…
New evidence challenges White House claims as Fed prepares key decision U.S. President Donald Trump has appealed a court ruling blocking his attempt to remove Federal Reserve Governor Lisa Cook, setting up a high-stakes legal battle just days before a widely expected interest rate cut. Trump Appeals Court Block The Justice Department, representing the president, filed an appeal against a preliminary injunction issued on Sept. 9 that prevented Cook’s removal. The administration argues that removal powers granted “for cause” fall within presidential discretion and should not be subject to judicial review. Trump initially sought to remove Cook on Aug. 25,…
Long-term holder shifts funds after $4B Bitcoin-to-Ether swap Bitcoin price is facing resistance at $116,000 as fresh whale activity raises concerns among traders. A wallet that previously offloaded nearly $4 billion worth of Bitcoin for Ether has resumed selling, according to on-chain trackers. Whale Resumes Selling Bitcoin On Sunday, two wallets tied to an address holding Bitcoin for more than eight years deposited 1,176 BTC (valued at $136 million) into trading platform Hyperliquid. The move comes only weeks after the same whale converted 35,991 BTC, worth over $4 billion, into Ether. Lookonchain data highlighted that the wallet paused activity for…
Subhead: Analysts say ETH/BTC faces key resistance zones as historical patterns weigh on performance The Ethereum to Bitcoin (ETH/BTC) trading pair has remained capped below the 0.05 level, despite renewed institutional adoption and fresh all-time highs in broader digital asset markets. The ratio, which reflects Ethereum’s relative strength against Bitcoin, is trading near 0.040, according to weekly chart data. Market observers point out that Ethereum’s underperformance is tied to technical resistance zones dating back to 2018. A green “RBS level” (role-reversal support) around 0.040–0.045 has become a major battleground, with sellers defending this area after several failed attempts to push…
Native Markets has officially claimed the USDH ticker for Hyperliquid’s upcoming US dollar-pegged stablecoin, following a highly contested bidding war that drew widespread attention across the crypto community. Native Markets Secures the Win The victory came after a community vote that saw Native Markets emerge as the chosen issuer and manager of Hyperliquid’s stablecoin project. According to founder Max Fiege, the team will soon deploy the inaugural Hyperliquid Improvement Proposal (HIP) for USDH, launching the token as an ERC-20 asset on Ethereum. Fiege detailed the rollout plan on X: The Bidding War and Controversy The battle for USDH was one…
Monero (XMR), the leading privacy-focused cryptocurrency, posted a 7% rally on Sunday even as its blockchain suffered a major 18-block reorganization (reorg) — the largest in its history. The incident reversed around 117 transactions and raised fresh concerns about the long-term stability of the Monero ecosystem. According to Monero node operators, the reorg began at block 3,499,659 at 5:12 am UTC and ended at block 3,499,676 roughly 43 minutes later. The attack was executed by Qubic, an AI-driven blockchain and mining pool that has previously gained over 51% of Monero’s hashrate. This follows a similar six-block reorg last month, suggesting…
Yala’s Bitcoin-backed YU stablecoin has faced one of its biggest tests after an attempted attack destabilized the protocol and drove its price down to $0.2046, far from its intended $1 peg. Despite partial recovery, YU continues to trade under pressure, raising questions about the resilience of emerging decentralized stablecoin models. The Incident: Attack on YU Protocol The Yala team confirmed that the event took place early Sunday, briefly disrupting YU’s stability. They announced via X that all Bitcoin collateral remains safe, stored either self-custodially or within vaults, and emphasized that no user funds were lost. As a precaution, Yala temporarily…
