The state’s favorite tool for controlling a crisis is the internet kill switch. When the streets fill with protestors in places like Iran or India, the first move is to black out the network. The response is a scramble for networks the state does not own. This has pushed three types of ad-hoc system
The price of proving you are human just went up. You now need the right kind of phone.
The handful of operators who direct the majority of Bitcoin's hashrate are taking formal steps to give some of that power away. Seven of the largest mining pools, including giants like Foundry and AntPool, have formed a working group to standardize Stratum V2. Together, these entities represent a co
A DAO is being asked to vote its way out of a legal trap, with a judge's permission. The order, from a federal court in New York, allows the Arbitrum DAO to transfer roughly $71 million in Ether to a wallet controlled by Aave LLC. These are not free and clear funds. They are the proceeds of a hack,
After watching clients walk out the door with what was left of their assets, LayerZero Labs has finally taken some responsibility for a $292 million theft. The admission follows a period of blaming the victim, liquid restaking protocol Kelp DAO, for choosing an insecure setting. With Kelp and anothe
The price of forgetting that crypto is held by people came to $101 million in the first four months of this year. That is the estimated haul from a new wave of physical coercion, the so-called wrench attack. The figure, drawn from 34 documented incidents, already doubles the total for all of last ye
For years, stablecoins existed in a strange parallel world. Billions of dollars moved across blockchains every single day, yet most of the infrastructure lived outside the traditional banking system. Regulators circled it cautiously. Governments studied it quietly behind closed doors. Banks largely
The peace treaty between Binance and the United States government is already starting to tear. At issue is approximately a billion dollars allegedly funnelled to Iran, followed by the dismissal of the compliance staff who reported it. This is precisely the behaviour the Department of Justice thought
Seven hundred million dollars went dark on a Sunday, on purpose. Not after a hack, but moments before a suspected state-sponsored crew could drain the system. The protocol is Tydro, the dominant application on the Ink Layer 2 network. Its defensive shutdown shows how fragile even mature digital capi
Anchorage Digital is preparing to onboard roughly twenty banks and technology corporations as stablecoin issuers, consolidating the post-GENIUS Act market into a single federally chartered chokepoint. The firm has reportedly secured every meaningful issuance mandate awarded inside the United States
“Before AI, the threat from the global panopticon of surveillance was theoretical. AI made it real.”
The latest Android disclosure, CVE 2026 0073, has once again sent parts of crypto Twitter into full panic mode. Timelines flooded with claims that your phone can now be hacked without touching it. Wallets drained while sitting in your pocket. Invisible attackers watching everything you type.