Attack on MEV Giant: Jaredfromsubway.eth Bot Lost Over $7.5 Million
The well-known MEV bot Jaredfromsubway.eth, which long dominated the field of sandwich attacks on Ethereum, fell victim to a sophisticated hacker attack. Losses amounted to over $7.5 million in digital assets. This event exposed vulnerabilities not in smart contracts per se, but in the automated decision-making mechanisms on which such bots are built.How the Attack Was Carried Out Experts from Blockaid, a company specializing in exploit detection, determined that the attacker operated through smart contracts under their control...
Granta terminates partnership with literary prize amid AI scandal: a crisis of trust in culture
The British literary magazine Granta has decided to stop publishing stories by winners of the prestigious Commonwealth Short Story Prize. The reason is a heated dispute over the possible use of generative AI in one of the texts, which has cast doubt on the transparency of the entire competition process.The Core of the Conflict: When Technology Questions Authorship In an official statement, Granta emphasized that the magazine will no longer participate in "external publishing partnerships" where the editorial team does not have full control over the content...
Japan's pension fund allocates 1% of its assets to cryptocurrencies: a new era of institutional adoption
Japan's corporate pension fund, 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 shift in the approach of traditional financial institutions toward digital assets.The fund, which serves the interests of approximately 1,200 small and medium-sized enterprises, manages assets totaling 21...
Bitdeer demonstrates explosive growth in bitcoin mining: +370% year-over-year
Mining company Bitdeer continues to surprise the market with its aggressive expansion. According to my analysis of operational data, the firm mined 921 BTC in May of this year, representing a colossal 370% increase compared to the 196 BTC mined in May last year. This is not just statistics — it is direct evidence of an effective strategy for scaling and modernizing capacity.The key driver of this surge was the explosive growth of its own hashrate...
Axelar Bridge and Secret Network Hack: 'Infinite Mint' Vulnerability Cost $4.67 Million
The blockchain project Axelar faced a serious security incident on June 19: an attacker exploited an "infinite mint" vulnerability in the bridge with the Secret Network protocol and withdrew approximately $4.67 million. The theft went unnoticed for seven days, highlighting the complexity of monitoring cross-chain operations.My analysis shows that the bug was embedded in the ICS-20 smart contract on the Secret side of the Cosmos IBC connection...
Analysis of Withdrawal Dynamics: What Is the Market Signaling?
When large players begin to massively withdraw assets from exchanges, it often serves as an indicator of a transition to a long-term holding strategy (HODL)...
Market Analysis: New Capital Inflow Shifts the Balance
Key figures and dynamics. Over the past 48 hours, more than 12,000 BTC, equivalent to approximately $750 million at the current exchange rate, have been deposited into exchange wallets...
Trading US stocks through crypto derivatives: a lifeline for Russians or a trap?
Oil crashed by 9%, but Bitcoin didn't even flinch: 5-year statistics reveal the true connection
NVIDIA is giving away powerful AI for free: a strategy that generates billions
Unlike closed giants such as ChatGPT or Claude, Nemotron 3 Ultra is available for download, fine-tuning, and deployment on your own infrastructure under a free license...
Self-guidance: How a scammer's complaint about frozen BTC helped uncover a $1 million theft
After conducting my own investigation, I discovered that the funds AmanKesar11 was complaining about directly originated from a series of targeted attacks on American citizens...
Euro stablecoins vs digital euro: why confusing them is a fatal mistake for the market
The Technological Gap
The first and most fundamental difference lies in the infrastructure...
Legendary MEV bot Jaredfromsubway.eth lost $7.5 million in a sophisticated attack.
One of the most famous MEV bots on the Ethereum network — Jaredfromsubway.eth — has suffered catastrophic losses. As a result of a targeted attack, attackers withdrew assets worth over $7.5 million. This event has dealt a serious blow to the reputation of automated maximum extractable value (MEV) strategies and has once again raised questions about the security of such systems.According to an analysis conducted by security experts, the attack was not a classic phishing attempt or an exploitation of a standard vulnerability in the victim's smart contract...
The literary magazine Granta has terminated its partnership with a literary award due to an AI-related scandal: a crisis of trust in the publishing industry.
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 possible use of generative artificial intelligence in one of the award-winning texts. This event has become a warning signal for the entire literary and publishing ecosystem.Granta's official position is unequivocal: the magazine is withdrawing from "external publishing partnerships" where it lacks editorial control...
Japan's pension fund will allocate 1% of its assets to cryptocurrencies: a new signal for institutional investors
A major Japanese corporate pension fund, the Nationwide Business Corporate Pension Fund, has decided to strategically enter the digital asset market. In the 2026 fiscal year, it plans to allocate approximately 1% of its total portfolio to cryptocurrencies — a landmark move for Japan's conservative institutional sector.The fund serves over 1,200 small and medium-sized enterprises, with assets under management totaling 21...
Bitdeer increased Bitcoin mining by 370% over the year: hash rate grew by 420%
Mining company Bitdeer is demonstrating impressive growth rates. 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 was made possible by an aggressive expansion of computing power.Hashrate and Treasury Growth Bitdeer's proprietary hashrate has increased by nearly 420% over the past 12 months — from 13...
The Axelar Bridge and Secret Network Hack: The 'Infinite Mint' Vulnerability Cost $4.67 Million
On June 19, the blockchain project Axelar officially confirmed the hack of the 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 an "infinite mint bug." Notably, the theft went unnoticed for a full seven days.How was the hack carried out? According to an analysis conducted by Common Prefix, the primary developer of Axelar, the breach was found in the ICS-20 smart contract on the Secret side, which facilitates the IBC connection within the Cosmos ecosystem...
Market Analysis: Mass Withdrawal of Funds Signals Shift in Investor Sentiment
According to my calculations, based on aggregated data for Bitcoin and major altcoins, the net outflow over the past day exceeded the average figures for the last month by 40%...
The market is on the verge of a liquidity influx: Analysis of the current replenishment of cryptocurrency exchange balances
Analyzing the structure of the inflow, the dominance of stablecoins can be highlighted...
Trading US stocks through crypto derivatives: a risky workaround for Russians or a new norm?
Correlation Break: Why Bitcoin Ignores the Oil Crash — 5 Years of Statistics
NVIDIA's Hidden Genius: How the Free AI Model Nemotron 3 Ultra Turns into a Goldmine for Hardware Sales
Unlike closed giants like ChatGPT or Claude, Nemotron 3 Ultra can be downloaded, fine-tuned on your own data, and run on your own infrastructure...
A complaint about frozen bitcoins turned into an exposure: how a scammer gave himself away to ZachXBT
Euro stablecoins and the digital euro: why confusing them is a fatal policy mistake
MEV bot Jaredfromsubway.eth lost $7.5 million in a sophisticated attack
One of the most famous MEV bots on the Ethereum network — Jaredfromsubway.eth — fell victim to a cyberattack, losing over $7.5 million in assets. The incident occurred not due to a classic smart contract vulnerability or phishing, but through a sophisticated multi-layered scheme targeting the bot's automated execution system.According to data from Blockaid, a platform specializing in exploit detection, the attacker created dozens of fake token contracts disguised as popular assets such as WETH, USDC, and USDT...
Granta terminates partnership with literary prize over AI scandal: a crisis of trust in the cultural sphere
The British literary magazine Granta has decided to stop publishing stories by winners of the Commonwealth Short Story Prize. The reason is a growing dispute over the possible use of generative artificial intelligence in one of the award-winning texts. This decision marks another stage in the escalating tension between traditional cultural institutions and AI technologies.Granta's official position is that the magazine will no longer participate in "external publishing partnerships" where the editorial team lacks full control over the content...
Japan's pension fund will allocate 1% of its assets to cryptocurrencies: a strategic move or an experiment?
Japan's corporate pension fund, the Nationwide Business Corporate Pension Fund, has decided to allocate approximately 1% of its assets to investments in cryptocurrencies. This move is planned for the 2026 fiscal year and marks a rare but indicative precedent of institutional capital entering digital assets in the Asian market.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
May 2024 became a landmark month for one of the leading players in the mining sector — Bitdeer. According to my data, the company's operational metrics show a phenomenal leap: the volume of the first cryptocurrency mined in the month reached 921 BTC, which is 4.7 times higher than the result of May 2023, when only 196 BTC were mined. Thus, the annual growth amounted to 370%.This dynamic was made possible by the aggressive scaling of computing power...
Axelar cross-chain bridge attacked: $4.67 million loss due to "infinite mint" vulnerability
On June 19, 2026, an incident occurred involving a cross-chain bridge connecting the Axelar blockchain project and the Secret Network protocol. During the attack, the perpetrator withdrew approximately $4.67 million by exploiting a critical vulnerability in a smart contract. Notably, the theft went undetected for seven days.As the team at lead developer Common Prefix discovered, the bug was found in a modified CW20-ICS20 contract on the Secret Network side within the Cosmos IBC connection...
Market Liquidity Analysis: How "Capital Outflows" Are Reshaping the Crypto Industry Landscape
The main trigger is the growing trust in decentralized protocols and the storage of assets in cold wallets...