Granta terminates partnership with literary prize over AI scandal: text under suspicion
The British literary magazine Granta has decided to stop publishing stories by winners of the Commonwealth Short Story Prize. The reason is a heated dispute over the possible use of generative artificial intelligence in one of the award-winning texts.In an official statement, Granta emphasized that it is withdrawing from "external publishing partnerships" where it does not have editorial control over the content...
Japan's pension fund will allocate 1% of its assets to a crypto fund: a new stage of institutional adoption
The investments will be made through a portfolio of a major hedge fund that already includes several crypto assets...
Bitdeer increased bitcoin mining by 370% year-over-year: record hash rate and treasury growth
May 2024 was a landmark month for the mining company Bitdeer: the volume of mined coins reached 921 BTC, a 370% increase compared to May 2023, when only 196 BTC were obtained. This surge is driven by an aggressive expansion of computing power.Hashrate increased by almost 420% The company's own hashrate for the reporting period rose from 13.6 EH/s to 70.2 EH/s — an increase of nearly 420%. This was made possible by launching new data centers and optimizing the ASIC equipment fleet...
The Axelar and Secret Network bridge was hacked for $4.67 million due to a critical vulnerability.
On June 19, 2026, the Axelar blockchain infrastructure confirmed a hack of the cross-chain bridge connecting it to the Secret Network protocol. As a result of the attack, the perpetrator withdrew digital assets worth approximately $4.67 million, exploiting a so-called "infinite mint" bug.The incident went unnoticed for seven days. The lead developer of Axelar, the Common Prefix team, identified that the vulnerability was located in a modified ICS-20 smart contract on the Secret Network side, used in the IBC connection of the Cosmos ecosystem...
Weekly results: bitcoin on a roller coaster, Russia's Supreme Court equates cryptocurrency to property, and the EU tightens the screws
The past week was marked by sharp price fluctuations in Bitcoin, a landmark decision by the Russian judicial system, and stricter requirements for crypto businesses in the European Union. Let's break down the key events in detail.Bitcoin: Rollercoaster with a Return to $64,000 The week for the leading cryptocurrency began with an optimistic surge. Amid reports of a potential truce between the US and Iran, the BTC price jumped from $64,000 to a local high of $67,278...
Market Analysis: How and When to Lock in Profits in Cryptocurrencies
From a professional analysis perspective, the withdrawal strategy should be based not on emotional impulses, but on clear technical and fundamental indicators. I recommend adhering to the "partial profit-taking" rule: never withdraw 100% of a position at once...
A major player expands its portfolio: a new accumulation strategy
This involves the acquisition of a significant volume of base assets — primarily Bitcoin and Ether. According to my calculations, the total replenishment volume exceeds $50 million...
NVIDIA is giving away powerful AI for free: a strategy that generates billions
Nemotron 3 Ultra is not just an "upscaled transformer...
Scandalous self-discreditation: a scammer turned himself in by complaining to ZachXBT about the blocking of 5.73 BTC
Euro stablecoins and the digital euro: why they are mistakenly confused and what this means for the market
Analysts are sounding the alarm: overheating of the US stock market and the fate of bitcoin
McGlone: "Dominoes" are falling, Bitcoin is first McGlone, known for his deep understanding of market cycles, sees classic signs of a "once-in-a-lifetime reversal...
Dwindling liquidity and the end of the bond era: a double blow to Bitcoin
The first and most alarming signal is the state of global liquidity. My analysis shows that the indicator of excess liquidity in the financial system has turned negative for the first time since 2021...
The literary magazine Granta is severing ties with a literary award due to a scandal involving artificial intelligence.
The British literary magazine Granta has decided to stop publishing works by laureates of the Commonwealth Short Story Prize. The reason is a brewing dispute over the possible use of generative artificial intelligence in creating one of the winning stories.Granta's editorial board officially stated that it is withdrawing from "external publishing partnerships" where it does not have full editorial control over the materials...
Japan's pension fund will allocate 1% of its assets to cryptocurrencies: a new stage of institutional adoption
Japan's corporate pension fund, the Nationwide Business Corporate Pension Fund, has made a strategic decision to allocate approximately 1% of its assets to investments in cryptocurrencies. This move is planned for the 2026 fiscal year and marks a significant expansion of institutional participation in digital assets.The fund, which serves about 1,200 small and medium-sized enterprises, manages a portfolio of 21...
Bitdeer increased bitcoin mining by 370% over the year: hash rate surged by 420%
Mining company Bitdeer has demonstrated impressive growth in operational metrics. In May of this year, the firm mined 921 BTC, a 370% increase compared to the same period last year, when only 196 BTC were extracted. This production surge is directly linked to an aggressive expansion of computing power.Bitdeer's own hash rate increased by nearly 420% year-over-year, from 13.6 EH/s to 70.2 EH/s...
Exploit of the Axelar and Secret Network Bridge: "Infinite Minting" Vulnerability Led to $4.67 Million Loss
During the analysis conducted by the Common Prefix team (the main developer of Axelar), it was determined that the breach was in the ICS-20 smart contract on the Secret Network side, operating over an IBC connection in the Cosmos ecosystem...
Weekly Recap: Bitcoin on a Rollercoaster, Russia's Supreme Court Recognizes Cryptocurrency as Subject of Theft, and MiCA Drives Unlicensed Players Out of the EU
The market wraps up another eventful week. Bitcoin once again demonstrated its characteristic volatility, Russian courts finally provided a clear definition of cryptocurrency in the context of criminal cases, and the European regulator ESMA issued an ultimatum to crypto platforms without a MiCA license. Let's break down the key events in detail.Bitcoin: From $62,000 to $67,000 and Back The week began with a strong surge: amid reports of a possible truce between the US and Iran, Bitcoin jumped from $64,000 to a local high of $67,278...
Liquidity Flow Analysis: What Lies Behind the Mass Withdrawal of Funds from Exchanges?
Key Figures and Dynamics
According to on-chain analytics, the bulk of the funds left platforms such as Binance, Coinbase, and Kraken...
Market Analysis: Replenishment as a Signal for Growth or Correction?
Key Metrics and Dynamics
According to my data, trading volumes on spot and futures markets have increased by 15-20% over the past week...
NVIDIA gives away AI models for free but makes more money from it than anyone else: breakdown of the Nemotron 3 Ultra strategy
Architecture: A Hybrid of Speed and Accuracy Nemotron 3 Ultra is not just another "scaled-up transformer...
The scammer turned himself in by complaining to ZachXBT about the freezing of 5.73 BTC.
Euro stablecoins and the digital euro: why confusing them is an unforgivable mistake for the market
Let's break down the fundamental difference...
Double Alarm: McGlone and Dalio Warn of Market Overheating and Bitcoin's Fate
The financial system is losing liquidity: what this means for bitcoin
Liquidity has turned negative A key indicator tracking "excess money" in the economy—the difference between money supply growth, inflation, and economic growth—has turned negative for the first time since 2021...
Granta terminates partnership with literary prize over AI scandal: cryptoanalysis of the incident
The British literary magazine Granta has decided to stop publishing stories by winners of the Commonwealth Short Story Prize. The reason is a heated dispute over the possible use of generative artificial intelligence in one of the texts submitted for the 2026 competition. This event has become a landmark for the entire industry, demonstrating how AI technologies are beginning to penetrate traditional creative fields, causing a crisis of trust...Japan's pension fund will allocate 1% of its assets to cryptocurrencies — a landmark move for the institutional market
The fund serves the interests of approximately 1,200 small and medium-sized enterprises, with total assets under management reaching a substantial 21...
Bitdeer demonstrates explosive growth: Bitcoin mining increased by 370% year-over-year
Mining company Bitdeer has once again attracted market attention with impressive operational metrics. In May 2024, the firm increased its bitcoin production to 921 BTC, a 370% increase over the 196 BTC recorded in May last year. This surge was made possible by aggressive expansion of computing power.Hashrate and Infrastructure: Key Growth Drivers Bitdeer's proprietary hashrate increased by nearly 420% year-over-year, from 13...
Hack of Axelar Bridge and Secret Network: $4.67 million attack via "infinite minting"
Notably, the theft went undetected for a full seven days. This indicates a lack of effectiveness in monitoring and incident response systems within the Secret Network ecosystem, serving as a serious warning for the entire DeFi sector...
Weekly review: Bitcoin on a rollercoaster, Russia's Supreme Court changes the rules of the game, and MiCA comes into effect
The past week was packed with events that once again confirmed the high sensitivity of the crypto market to macroeconomic and geopolitical triggers. Key news came from Russia, where the legal status of digital assets received an important clarification, and from Europe, where regulators are tightening requirements for market participants.Bitcoin: a rollercoaster ride returning to the start The week began with a sharp impulse: Bitcoin jumped from $64,000 to a local high of $67,278 amid reports of a truce between the US and Iran...
Market Analysis: The True Nature of Capital Outflows in the Crypto Industry
When large players massively move funds from exchanges to cold wallets, it signals a shift in sentiment. Such actions are typically interpreted as preparation for long-term storage or, in some cases, as a precautionary measure ahead of expected volatility...