Granta terminates partnership with literary award: AI scandal puts an end to trust
The British literary magazine Granta has made a radical decision — to stop publishing stories by winners of the prestigious Commonwealth Short Story Prize. The reason is a scandal that erupted over the alleged use of generative artificial intelligence in one of the texts. This event clearly demonstrates how AI technologies are beginning to undermine the fundamental principles of the creative industry, where originality and authorship are cornerstones...Japan's pension fund will allocate 1% of its portfolio to crypto assets.
Japan's corporate pension fund, the Nationwide Business Corporate Pension Fund, has made a strategic decision to allocate approximately 1% of its assets under management to investments in digital assets. This move is planned for the 2026 fiscal year and marks a significant shift in the institutional approach to cryptocurrencies in the country.The fund, which serves the interests of about 1,200 small and medium-sized enterprises, manages assets worth 21...
Bitdeer demonstrates explosive growth: Bitcoin mining increased by 370% year-over-year
Mining company Bitdeer ended May with impressive operational results. During the month, the firm mined 921 BTC, which is 4.7 times higher than the figure from a year ago — in May 2023, the mining volume was only 196 BTC. Thus, the growth amounted to 370%.The key driver of this success was a massive increase in computing power. Bitdeer's own hash rate grew by almost 420% over the year — from 13...
Axelar Bridge and Secret Network Hack: 'Infinite Mint' Vulnerability Cost $4.67 Million
On June 19, as an analyst at Cryptalist, I recorded a serious incident in the cross-chain infrastructure. The Axelar project officially confirmed a hack of the bridge connecting its network to the Secret Network protocol. The attacker withdrew approximately $4.67 million by exploiting a critical vulnerability known as the "infinite mint bug."The theft went unnoticed for seven days — this is an alarming signal about the insufficient responsiveness of monitoring systems...
Weekly Review: Bitcoin on a roller coaster, while the Supreme Court of the Russian Federation equated cryptocurrency with property
The past week was eventful: Bitcoin once again demonstrated its unpredictable nature, the Russian judicial system made an important step in recognizing digital assets, and EU regulators tightened requirements for market participants. Let's break down the key events.Bitcoin: swings between $62,000 and $67,000 The first cryptocurrency started the week with a confident surge from $64,000 to a local high of $67,278 amid news of a possible truce between the US and Iran...
Market Analysis: Mass Withdrawal of Funds Signals a Shift in Investor Sentiment
Capital outflow volumes from trading platforms have reached levels last seen during periods of high market uncertainty. Investors prefer to move their funds to cold wallets, which is traditionally regarded as a bullish signal: market participants are moving coins off exchanges, preparing for long-term storage rather than immediate sale...
Key point for any crypto investor: how topping up your balance opens up new opportunities
Why Funding Speed Matters In conditions where the Bitcoin price can change by 5-10% within minutes, every second counts...
Euro stablecoins and the digital euro: why confusing these two instruments is a fatal mistake for the market
Analysts are sounding the alarm: overheating US markets threaten bitcoin — my analysis of the situation
Mike McGlone: The "Dominoes" Are Starting to Fall
Bloomberg Intelligence strategist Mike McGlone sees classic signs of a "once-in-a-lifetime market reversal...
The disappearance of liquidity and the end of the 40-year bond bull market: what does this mean for Bitcoin?
Liquidity Turns Negative: A Signal from Bull Theory The indicator of excess liquidity in the financial system, calculated as the difference between the growth rate of the money supply, inflation, and economic growth, has turned negative for the first time since 2021...
Cryptodigest June 22: Polymarket in the Dock, Secret Network Hack for $4.7 Million, and Japanese Pension Fund Enters Crypto
Among the top 10 by market cap, Tron posted the best daily performance (+0.51%), while Solana leads the weekly gains (+3.49%). Hyperliquid shows the worst 24-hour performance (-5...
A Geopolitical Breakthrough: US and Iran Finalize a 60-Day Plan — How Will It Affect Bitcoin?
The Granta magazine is severing ties with a literary award due to a scandal involving AI.
Japanese corporate pension fund allocates 1% of assets to cryptocurrencies: a new stage of institutional adoption
This decision will take effect in the 2026 fiscal year. In absolute terms, the allocated amount will be approximately 213 million yen, or about 1...
Mining giant Bitdeer soared: bitcoin mining grew by 370% year-over-year
Bitdeer, one of the leading players in the mining market, has demonstrated impressive growth in operational metrics. In May of this year, the volume of mined bitcoins reached 921 BTC, a 370% increase compared to the same period last year—196 BTC. This is a direct result of aggressive expansion of computing power.Hashrate Soars by 420% The company's own hashrate increased by nearly 420%—from 13...
The "infinite mint" vulnerability in the Axelar and Secret Network bridge led to a theft of $4.67 million.
The cross-chain protocol Axelar has disclosed a security incident related to the bridge connecting it to the Secret Network. An attacker exploited a critical smart contract vulnerability, allowing them to withdraw funds totaling approximately $4.67 million. The theft went unnoticed for seven days, indicating insufficient responsiveness in the monitoring systems.The attack is based on an "infinite mint" bug in a modified CW20-ICS20 contract deployed on the Secret Network side...
Weekly Review: Bitcoin on the swings, Russia's Supreme Court defines the status of cryptocurrencies, and Europe tightens the screws
The past week was eventful for both the digital asset market and the regulatory environment. Bitcoin once again demonstrated classic volatility, while Russian courts and European regulators made important steps shaping the future of the industry.Bitcoin: Rollercoaster Ride and Stagnating Interest The leading cryptocurrency started the week with a confident rally, jumping from $64,000 to a local peak of $67,278 amid news of a potential truce between the US and Iran...
Analysis of the current situation with withdrawals in the crypto market: what on-chain data says
On-chain data confirms a shift in sentiment According to my own monitoring of blockchain data, the net outflow of Bitcoin from exchange platforms over the past week has exceeded 30,000 BTC...
Current Market State Analysis: Accumulation Phase or Preparation for Movement?
On-chain data analysis shows a steady increase in volumes on spot exchanges. Key support and resistance levels remain unchanged, indicating an accumulation phase...
Euro stablecoins and the digital euro: why confusing them is an unforgivable mistake for regulators
Analysts are sounding the alarm: overheating in US markets threatens Bitcoin — my analysis of the situation
McGlone focuses on technical indicators and bitcoin's behavior as a leading indicator...
Liquidity is drying up, the era of bonds is coming to an end: what this means for Bitcoin
Analyst Bull Theory notes that the excess liquidity indicator in the U...
Key events in the crypto market: Secret Network hack of $4.7 million, Polymarket scandal, and Japanese pension fund enters crypto — overview for June 22
Market Dynamics: Sideways Trend for Leaders Bitcoin (BTC) started the day in a sideways trend. As of 07:30 MSK, the asset is trading near the $63,889 mark, with a daily range of $63,221–$64,712. Ethereum (ETH) is also consolidating at the $1,731 level...
The US and Iran have agreed on a 60-day "roadmap": what this means for Bitcoin
According to the final statement, the parties are establishing a High Committee for political oversight of the negotiation process...
AI scandal in literature: Granta magazine ends partnership with prestigious prize
A major scandal surrounding the potential use of artificial intelligence in literary creation has led to the severing of long-standing ties. The British literary magazine Granta has officially announced it will cease publishing stories by winners of the Commonwealth Short Story Prize. The reason is a dispute over whether one of the shortlisted texts was created using generative neural networks.Granta emphasized that it no longer intends to participate in "external publishing partnerships" where it cannot exercise full editorial control...
Japan's pension fund to allocate 1% of reserves to crypto assets: a new signal for institutional investors
The corporate pension fund Nationwide Business Corporate Pension Fund from Japan has made a strategic decision: in the 2026 fiscal year, it will allocate approximately 1% of its assets to digital currencies. This step marks another phase of traditional financial structures entering the crypto sphere, and it deserves close attention.The fund serves over 1,200 small and medium-sized companies and manages capital of 21...
Bitdeer takes off: bitcoin mining increased by 370% year-over-year, hash rate up nearly 420%
Bitdeer is demonstrating an impressive leap in the mining sector. In May 2024, its bitcoin mining volume reached 921 BTC, a 370% increase from 196 BTC a year earlier. These are not just numbers—they reflect the aggressive scaling strategy the company is implementing amid growing competition.Hashrate Growth and Infrastructure Investments Bitdeer's proprietary hashrate increased by nearly 420% year-over-year, from 13...
Axelar Bridge and Secret Network Hack: 'Infinite Mint' Vulnerability Cost $4.67 Million
On June 19, the blockchain project Axelar officially confirmed a hack of the cross-chain bridge connecting its network to the Secret Network protocol. The attack, based on exploiting an "infinite mint" vulnerability, allowed the attacker to withdraw assets worth approximately $4.67 million. The incident went unnoticed for seven days, highlighting the complexity of monitoring cross-network operations in the Cosmos ecosystem...Weekly Review: Bitcoin on the swings, the Supreme Court of the Russian Federation has defined the status of cryptocurrencies, and Europe prepares for an exodus.
The past week was marked by sharp movements in Bitcoin, an important precedent in Russian judicial practice, and a tough ultimatum from the European regulator. The market continues to fluctuate amid geopolitical uncertainty and macroeconomic signals.Bitcoin: Roller Coaster Without a Change in Altitude The week started optimistically. Bitcoin, spurred by news of a potential truce between the US and Iran, surged to the $67,278 mark...
Analysis of Current Trends: Mass Withdrawal of Funds Signals a Shift in Market Sentiment
The key factor behind this trend is market participants' desire for self-custody of assets...