Literary scandal: Granta magazine ends partnership with Commonwealth Prize over AI dispute
The British literary magazine Granta has decided to stop publishing stories by winners of the Commonwealth Short Story Prize. The reason was a heated dispute over the possible use of generative artificial intelligence in one of the competition entries.Granta's management stated that it will no longer participate in "external publishing partnerships" where the magazine does not have full editorial control...
Japan's pension fund will allocate 1% of its assets to cryptocurrencies: a new phase of institutional adoption
A major Japanese pension fund is taking a significant step toward digital assets. The Nationwide Business Corporate Pension Fund, which serves approximately 1,200 small and medium-sized enterprises, has decided to allocate about 1% of its assets under management to cryptocurrency investments. This will take place in the 2026 fiscal year.Currently, the fund manages assets worth 21.3 billion yen, equivalent to roughly $130 million...
Bitdeer increased Bitcoin mining by 370% over the year: hash rate surged by 420%
Mining company Bitdeer is demonstrating impressive dynamics: in May of this year, the volume of Bitcoin mined reached 921 BTC, compared to just 196 BTC a year earlier. Thus, growth over 12 months exceeded 370% — one of the highest growth rates among public miners.The key driver of this surge was a massive increase in computing power. The company's proprietary hash rate grew by nearly 420% — from 13...
Axelar Bridge and Secret Network Hack: Infinite Mint Vulnerability Cost $4.67 Million
On June 19, the Axelar cross-chain protocol officially confirmed a hack of the cross-chain bridge connecting it to the Secret Network. The attacker managed to withdraw digital assets worth approximately $4.67 million. The incident, as it turned out, was made possible by a critical vulnerability known as "infinite mint."According to an analysis conducted by the Common Prefix development team, the breach was discovered in the ICS-20 smart contract, modified to operate on the Secret Network side within the Cosmos IBC connection...
Bitcoin volatility, cryptocurrency recognition in Russia, and EU regulatory pressure: weekly recap
The past week on the crypto market was eventful, although the first cryptocurrency did not show a significant price change over the seven-day period. The main themes were sharp but short-term bitcoin fluctuations against a geopolitical backdrop, an important legal recognition in Russia, and a stern reminder from the European regulator about the imminent entry into force of new rules of the game.Bitcoin: A Rollercoaster Ride Without a Change in Final Price The week began with confident growth: from levels near $64,000, the rate soared to a local high of $67,278...
Market Analysis: Massive Withdrawal of Funds Signals a Shift in Investor Sentiment
According to my data, the net outflow of funds from the largest trading platforms over the past seven days exceeded 50,000 BTC and 400,000 ETH...
Key aspects of replenishing a cryptocurrency balance: strategies and security
Main Replenishment Methods In the market, there are several main channels for depositing funds into a crypto wallet or exchange account...
NVIDIA is giving away powerful AI for free: a strategy that generates billions
The scammer turned himself in by complaining to ZachXBT about the freezing of 5.73 BTC.
Euro stablecoins and the digital euro: why confusing these instruments is a fatal mistake for the market
Fundamental Differences in Architecture The first and most important difference is infrastructural...
Double Alarm: McGlone and Dalio See Stock Market Crash — Implications for Bitcoin
Monetary liquidity is drying up: why the collapse of the 40-year bond bull market threatens Bitcoin
Granta terminates partnership with literary prize over AI scandal: a crisis of trust in the creative industry
The British literary magazine Granta has officially stopped publishing stories by winners of the Commonwealth Short Story Prize. The decision comes amid a heated dispute over the possible use of generative artificial intelligence in one of the competition entries. This event vividly illustrates the growing tension between traditional literary institutions and rapidly advancing technologies.In an official statement, Granta emphasizes that it will no longer participate in "external publishing partnerships" where the magazine lacks editorial control over the final content...
Japan's pension fund allocates 1% of its assets to cryptocurrencies: a new stage of institutional adoption
The fund, which serves the interests of about 1,200 small and medium-sized enterprises, manages assets worth 21...
Bitdeer increased Bitcoin mining by 370% year-over-year: the company's hash rate surged to 70 EH/s
The key driver of this surge was a significant expansion of computing power. Bitdeer's own hash rate increased by almost 420% over the same period — from 13.6 EH/s to 70...
Axelar Bridge and Secret Network Hack: 'Infinite Mint' Vulnerability Costs $4.67 Million
Weekly review: Bitcoin on an emotional rollercoaster, while the Supreme Court of Russia equated cryptocurrency to property
The past week was rich in events. The first cryptocurrency gave investors a real rollercoaster ride, Russia's Supreme Court clarified the legal status of digital assets, and the European regulator tightened requirements for crypto platforms. Let's break down the key points.Bitcoin: from $67,000 to $62,000 and back The beginning of the week was marked by a sharp surge in Bitcoin from around $64,000 to a local high of $67,278...
Withdrawal of funds from cryptocurrency exchanges: key aspects, fees, and security strategies
Main Withdrawal Methods On modern platforms, two main methods are available: withdrawal to an external wallet (cold or hot) and conversion into fiat currencies via P2P exchangers or bank transfers...
Market Analysis: Key Factors Driving Capital Movement in the Crypto Sphere
Key drivers of liquidity replenishment:
Institutional interest: Major players, including hedge funds and corporate treasury departments, continue to increase their positions in Bitcoin and Ethereum...
Free AI from NVIDIA: How the Corporation Turns Open Models into a Gold Mine
Nemotron 3 Ultra is not just another "scaled-up transformer." It is built on a hybrid architecture combining three approaches: Mamba-2 layers, classic Attention, and Latent MoE (Mixture of Experts)...
Scandalous blunder: scammer turns himself in by asking ZachXBT for help
ZachXBT, upon receiving the request, conducted a standard check of the origin of the funds...
Euro-stablecoins vs Digital Euro: Why Confusing Them Is a Fatal Mistake for the Market
Let's break down the fundamental differences between these two instruments...
Analysts are sounding the alarm: overheating of US markets and double risk for Bitcoin — my analysis
The first analyst, a recognized strategist, focuses on market cycles and the behavior of bitcoin (BTC) as a leading indicator...
The collapse of the "cheap money" era: how liquidity depletion and a bond market reversal threaten Bitcoin
The excess liquidity indicator in the U.S. financial system has turned negative for the first time since 2021...
AI Scandal in Literature: Granta Magazine Ends Partnership with Prestigious Prize
The British literary magazine Granta has decided to stop publishing stories by winners of the Commonwealth Short Story Prize after one of the finalists came under suspicion of using generative artificial intelligence. This event once again raises a heated debate about the boundaries of AI use in creative industries.Granta's editorial board stated that it is withdrawing from "external publishing partnerships" where the magazine lacks editorial control...
Japanese corporate pension fund allocates 1% of assets to cryptocurrencies — a signal for the institutional market
Japan's major corporate pension fund, Nationwide Business Corporate Pension Fund, has made a strategic decision to allocate approximately 1% of its assets to cryptocurrency investments. This move is planned for the 2026 fiscal year and marks another stage in the penetration of digital assets into conservative institutional portfolios.The fund, which serves the interests of about 1,200 small and medium-sized enterprises in Japan, manages assets worth 21...
Bitdeer increased Bitcoin mining by 370% year-over-year: analysis of record hash rate
May 2024 became a landmark month for the public mining company Bitdeer. According to my calculations, its monthly bitcoin mining output reached 921 BTC, a 370% increase compared to May 2023, when the company mined only 196 BTC. This surge is no coincidence but the result of aggressive infrastructure scaling.Hashrate grew by 420% Bitdeer's proprietary hashrate increased by nearly 420% year-over-year, from 13...
Axelar and Secret Network Bridge Hack: 'Infinite Minting' Vulnerability Leads to $4.67 Million Loss
On June 19, the blockchain infrastructure project Axelar officially confirmed a hack of the cross-chain bridge connecting its network with the Secret Network protocol. The attacker managed to withdraw approximately $4.67 million by exploiting a critical vulnerability known as "infinite mint."According to the analytical team Common Prefix, which is a key developer of Axelar, the breach was discovered in the ICS-20 smart contract deployed on the Secret Network side as part of the IBC connection within the Cosmos ecosystem...
Weekly Review: Bitcoin wavers as Russia equates cryptocurrency to property
The past week was rich in events: Bitcoin once again demonstrated classic volatility, Russia's Supreme Court clarified the legal status of digital assets, and the European regulator ESMA tightened requirements for crypto platforms. Let's break down the key points.Bitcoin: Swings on Geopolitics and Macroeconomics The week began with a sharp surge in Bitcoin from the $64,000 mark to a local peak of $67,278...
Analysis of the withdrawal procedure: what every investor needs to know
Main Stages of Withdrawal Withdrawing funds involves several critical steps. First and foremost, you need to ensure that your account has undergone full verification...