Tech News — Page 11

Blockchain engineering, security, scaling, AI and the technology behind digital finance.

Matcha Meta breach traced to SwapNet exploit drains up to $16.8M on Base

Matcha Meta users were urged to revoke approvals after a SwapNet contract exploit drained up to $16.8 million on Base, with security firms tracing the attack to a smart-contract flaw that allowed approved funds to be transferred, highlighting ongoing DeFi risks that are increasingly being exposed with the help of AI tools.

Bitcoin hashrate slips to four-month low as miners weigh AI workloads

Bitcoin’s hashrate has slipped below 1 zetahash per second for the first time in four months, falling nearly 15% from its October peak, as analysts say miners are increasingly diverting power toward AI and high-performance computing for better margins, even as mining difficulty falls and profitability improves.

Sygnum forecasts 2026 breakout for Bitcoin reserves and tokenized bonds as US rules take shape

Sygnum expects clearer US crypto regulation to pave the way for sovereign Bitcoin reserves and broader adoption of tokenization by banks in 2026, arguing that early state adopters could accelerate Bitcoin’s emergence as a global store of value despite ongoing political constraints. At the same time, the firm sees tokenized bonds moving steadily toward the financial mainstream as major institutions prepare to issue and manage debt directly on blockchain-based infrastructure.

Trust Wallet Faces Insider Questions After $7M Holiday Hack

Trust Wallet will reimburse about $7M lost in a Christmas Day browser extension exploit that was quietly prepared weeks in advance. Investigators say the attack may point to insider access, raising fresh concerns around wallet software security and update controls.

Trend Research emerges as a top Ethereum holder after $135M ETH accumulation

Trend Research has quietly amassed around 580,000 ETH, placing it among the largest known Ethereum holders despite being privately owned. The move highlights a broader trend of institutional-scale accumulation, as large players position for staking influence and long-term dominance within the Ethereum network.

$50M USDT Lost After Wallet Address Spoofing Trick

A crypto user lost nearly $50M in USDT after copying a poisoned wallet address from transaction history. The incident highlights how address spoofing scams exploit habit and speed, not technical flaws.