ForkLog — digital economy, AI, singularity, future is now

Iran Launches Bitcoin-Powered Ship Insurance Platform to Bypass SWIFTIran launches Hormuz Safe platform for ship insurance, accepting Bitcoin payments.

The Iranian authorities have launched the digital platform Hormuz Safe for insuring ships in the Persian Gulf and the Strait of Hormuz. The service accepts payment in Bitcoin and other cryptocurrencies.

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News and Analysis9

Aave Restores Ethereum-Backed Loans Across Six NetworksAave reinstates wETH collateral in six networks post-Kelp hack.

Aave has reinstated collateral parameters for wETH across six networks, marking the next phase in addressing the aftermath of the April Kelp hack.

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News and Analysis64

Figure AI’s Robots Defeated by Human in Parcel Sorting ContestFigure AI held a 10-hour live contest between robots and a human in parcel sorting.

Figure AI conducted a live 10-hour experiment where robots competed against a human in sorting parcels.

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News and Analysis11

Bitcoin slips below $77,000Bitcoin drops to ~$76,580, a low since May 1; altcoins follow.

On May 18, bitcoin fell to about $76,580 — the lowest since May 1. Altcoins slipped in its wake.

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Longreads

Longreads78

The sensible person’s AIHow artificial intelligence is changing medicine

How AI already helps doctors and medical researchers.

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The all-seeing eye of the Technological RepublicThe future Palantir CEO Alex Karp envisions

A new arms race and the hounding of awkward politicians—what Palantir wants and how it goes about it.

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Longreads52

The road to $20trn: how ETFs reshaped crypto in recent yearsHow ETFs hit $20trn, bridged TradFi and crypto, and what comes next.

The history and mechanics of exchange-traded funds with trillions in assets under management.

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Longreads79

Is Phemex Safe? Proof of Reserves, Wallet Security and Asset Protection Explained

The surge in cybercriminal activity is forcing traders to rethink the balance between centralized and decentralized services. The Phemex team shared with ForkLog how the exchange reinforced its security framework and strengthened its defenses after the breach.

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News and Analysis45

AI Agents Resort to Arson and Crime in Virtual WorldAI agents in a virtual world resorted to crime, violence, and arson during an experiment.

During an extensive experiment, AI agents in a virtual environment began committing crimes, resorting to violence, arson, and self-destruction.

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News and Analysis49

The week in crypto: a new Fed chair and a $10m THORChain hackBitcoin steady near $78k; Warsh takes Fed helm; THORChain hacked for $10m.

Bitcoin held near $78,000; Kevin Warsh became Fed chair; THORChain lost $10m to hackers; and more.

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News and Analysis36

CFTC Utilizes AI to Detect Insider TradingThe CFTC uses AI to monitor insider trading.

The U.S. Commodity Futures Trading Commission (CFTC) is employing artificial intelligence to monitor insider trading.

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News and Analysis21

Analyst Highlights Bitcoin’s Strong FundamentalsBitcoin has risen by 25% from its lows following the onset of conflict in the Middle East.

Bitcoin has risen by 25% from its lows following the onset of conflict in the Middle East and the increase in bond yields. The current correction does not signify a shift to a new low.

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What is tokenised gold, and why are billions flowing into it?

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What Is Tokenized Gold and Why Are Billions Being Invested in It?Tokenised gold explained: how it works, its benefits, risks and the market’s leading projects.

An explainer on tokenised gold: how it works, its pros and pitfalls, and why investors are piling in.

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The funding rate: how it helps anticipate price reversals in bitcoin and EthereumHow funding rates flag reversals in bitcoin and Ethereum before price moves.

Learn how the futures-balancing mechanism flags market capitulation or euphoria before the price moves.

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What is zkEVM?A zkEVM brings ZK proofs to the EVM for faster, cheaper, secure Ethereum scaling.

A zkEVM is a smart-contract runtime that supports zero-knowledge proofs and is fully compatible with Ethereum.

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What Is Game Theory and How Is It Used in Cryptocurrencies?How game theory underpins incentives and security in crypto.

How Nash equilibrium and other concepts from game theory are applied in the crypto industry, boosting its efficiency.

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News and Analysis92

OpenAI to Offer Free ChatGPT Plus Access to Malta ResidentsOpenAI offers free ChatGPT Plus to Malta residents after AI course completion.

OpenAI has entered into an agreement with the government of Malta to provide residents with free access to ChatGPT Plus for one year after completing a basic AI course.

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News and Analysis87

THORChain Team Reveals Details of $10 Million HackTHORChain developers confirmed a $10 million breach, denying any compensation program.

THORChain developers have confirmed a breach of the cross-chain protocol amounting to $10 million and denied the launch of a compensation program.

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News and Analysis29

New Fed Chair and Trump’s Deal with China: Market ImplicationsText version of the latest "Deconstruction."

Text version of the latest "Deconstruction."

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News and Analysis64

Bhutan Denies Selling 13,000 BTC from National ReserveBhutan denies selling 13,000 BTC from its national reserve.

A representative of the sovereign fund Druk Holding and Investments (DHI) refuted claims of bitcoin sales from Bhutan's national reserve in a comment to CoinDesk.

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News and Analysis32

A fake OpenAI repository spread an infostealer, Mistral AI faced extortion, and other cybersecurity newsWeekly roundup: ZachXBT’s $19m phishing probe, wrench attacks, fake OpenAI repo, Mistral extortion.

The week’s most significant cybersecurity developments.

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