Mythos Challenges Crypto Security: A New Era of Threats
The crypto industry has long focused on smart contract security, but the emergence of Mythos, an AI model designed to identify and chain together weaknesses across systems, is pushing attention beyond code and into the infrastructure that supports it.
According to Paul Vijender, head of security at Gauntlet, a risk management firm, Mythos AI model is less concerned about smart contract exploits and more focused on AI-assisted attacks against the human and infrastructure layers.
Aave’s $300 Million Recovery Effort
Aave, one of DeFi’s largest lending protocols, is at the center of a broad recovery effort following losses tied to the Kelp DAO exploit, drawing in capital and credit commitments from across the industry.
The effort, informally dubbed DeFi United, had raised about $301 million in commitments as of Monday, according to its website, with much of the capital still pending governance approval.
Crypto for AI Agents
Alchemy CEO Nikil Viswanathan argues that crypto was built for AI agents, not humans, citing the mismatch between traditional finance and the needs of AI agents.
Viswanathan believes that crypto offers exactly what AI agents need: a global, always-on financial layer where value moves as easily as data.
Bitcoin Proposal for Satoshi-Linked Tokens
A proposed Bitcoin fork, eCash, would allocate 600,000 eCash to addresses attributed to Satoshi Nakamoto and redirect the remaining 500,000 eCash to investors who fund the project before launch.
The plan has sparked controversy, with some critics framing it as theft, while others see it as a property-rights issue.
In Other News
BlackRock-backed Securitize and Computershare are bringing parts of the $70 trillion U.S. stock market onchain via tokenized equities.
Crypto payments firm MoonPay acquired Sodot, an Israeli crypto security startup, as part of its plan for MoonPay Institutional.
Regulatory and Policy
Hong Kong’s central bank warned that counterfeit tokens are already exploiting the city’s stablecoin regime, even before a single licensed product has been introduced.
Israel’s Capital Market Authority granted approval for a stablecoin pegged to the shekel for the first time.