By Wayne Jones Boltz has suspended its Bitcoin swap service after a series of AI-assisted attacks caused losses for the bootstrapped five-person company, with the shutdown announced on August 3 and a new group of veteran Bitcoiners now preparing to take over the project. The episode points to a growing security problem for small open-source […]
Tag: AI
By Wayne Jones Arthur Hayes published a new essay this week arguing that the US Treasury and Japan’s Ministry of Finance have settled on a single method to strengthen the yen: running newly printed dollars through the Federal Reserve’s currency swap facility. Hayes says the mechanics point to a wave of dollar liquidity hitting the […]
By admin Bitcoin miner Riot Platforms has entered into a landmark 20-year agreement worth approximately $9.1 billion with AI company Anthropic. Under the terms of the contract, Riot will lease 191 megawatts of computing capacity at its Rockdale, Texas campus, a site previously dedicated entirely to Bitcoin mining. The deal includes two five-year extension options […]