Hut 8 co-founder warns of AI risks as he moves profits back into bitcoin (BTC)

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Crypto News

The concern extends to banks. Van der Chijs believes AI could expose vulnerabilities in legacy banking software, threatening confidence in institutions that depend on interconnected systems. Within crypto, he sees exchanges and other businesses built around bitcoin as more vulnerable than the underlying network. His concerns have not displaced an expansive view of AI’s economic […]

BTC Price Rally Stalls as Short-Term Holders Take $11B Profits

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Crypto News

After softly rising over the weekend, bitcoin slipped back to $109,000 on Monday in sluggish trading as traditional U.S. markets remained closed in observance of Memorial Day. The top cryptocurrency is still up 1.7% in the last 24 hours and only a breath away from the all-time high it notched last week. Looking at the […]