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Crypto protocols have warned that an increase in AI use has led to a flood of bogus bug bounty submissions, putting a strain on teams trying to identify real threats to their protocols.  Bug bounties are a system to reward “good” hackers for submitting reports about potential vulnerabilities and are popular in the crypto industry.

Privacy-focused crypto protocol Umbra said it has taken down its front-end website to make it more difficult for hackers who have been using it to move funds from recent “high-profile hacks.” Umbra posted to X on Tuesday that it is aware that around $800,000 worth of stolen funds were moved via its protocol. It added

Sullivan & Cromwell’s Andrew Dietderich said the company has AI policies to prevent incorrect citations and other errors, but procedures weren’t followed on this occasion. Wall Street law firm Sullivan & Cromwell has apologized to a federal judge after submitting a court filing that contained around 40 incorrect citations and other errors caused by AI

Coinbase’s quantum researchers have highlighted Algorand and Aptos’ work to prepare their networks for potential threats from quantum computing in a report on Tuesday, as they warned that other proof-of-stake chains may be more vulnerable to attacks. Coinbase’s Independent Advisory Board on Quantum Computing and Blockchain released a paper outlining the threat that quantum computers

Update: April 22, 6:40 am UTC: This article has been updated to include more information on Justin Sun and World Liberty Financial. Tron founder Justin Sun said he filed a lawsuit against Trump-family-backed World Liberty Financial for allegedly freezing his tokens and threatening to burn them “without any proper justification.” In a post to social

Ripple’s role in Singapore’s BLOOM: A controlled step toward stablecoin integration Singapore has strengthened its position as a leading hub for tokenized finance through Project BLOOM (Borderless, Liquid, Open, Online, Multi-currency). This collaborative initiative brings together a group of traditional banks, fintech firms and stablecoin providers to evaluate how digital settlement assets can be integrated

KUALA LUMPUR, Malaysia, April 21, 2026 /PRNewswire/ — Hata, Malaysia’s only dual-licensed digital asset exchange, today announced the closing of a USD 8 million (approximately RM31.6 million) Series A funding round led by Bybit, the world’s second-largest cryptocurrency exchange by trading volume, alongside several prominent global family offices. The fundraise marks the beginning of a deep

TheSportExchange partners with Algoz to strengthen liquidity infrastructure, enhance trading technology, and prepare for its targeted Nasdaq direct listing in Q4 2026 TheSportExchange (TSE) has partnered with Algoz, a leading digital asset company, to enhance the liquidity framework for its sports performance-based digital asset platform. Through the collaboration, Algoz will provide liquidity support, trading technology

Curve founder Michael Egorov is pushing for chain-wide DeFi security standards after the Kelp rsETH exploit exposed how “centralized” chokepoints can still wreck supposedly decentralized systems. Summary Curve’s Michael Egorov says many DeFi hacks stem from avoidable centralized weak points. He cites the KelpDAO rsETH exploit and Aave’s response as a systemic warning. Egorov wants

Amazon plans a $25 billion investment in Anthropic, locking in Anthropic as a cloud customer through 2036. The deal is expected to affect Anthropic’s odds in the Third Best AI Model by April 2026 market, where traders are now reassessing the company’s competitive position against OpenAI and Google DeepMind. Market reaction The investment is likely