Bitcoin Faces Correction as Institutional Demand Weakens Amid Macro Pressure: Bitfinex

With the possibility of renewed tightening rising, bitcoin is losing momentum and becoming more vulnerable to exogenous shocks and potential rate hikes. The United States and the broader global economy are facing an increasingly fragile macroeconomic backdrop. US inflation has risen to 3.8% year-over-year, per April consumer price index (CPI) data, and real wages have…

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Vitalik Buterin Says AI Could Strengthen Crypto Security

Instead of relying solely on human auditors, developers may increasingly use AI to mathematically prove code behaves correctly. Vitalik Buterin, the co-founder of Ethereum, has responded to increasing concerns that AI-based bug hunting will overwhelm developers and create non-stop exploitation opportunities on blockchains. According to him, in the near future, the use of this technology…

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