7*24

Hot topic

Market

Activities

1$ Margin TradeATWO: Fans Vote to Change Live OutcomesGrab Your Share of the 300 USDT Prize Pool!Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain 

Grab Your Share of the 300 USDT Prize Pool!

Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain



Traditional financial institutions are preparing to move trillions of dollars of assets onchain, but the risk of hacks and exploits is putting them off, according to blockchain security firm CertiK's CEO Ronghui Gu.

"Right now, more and more institutions are trying to move assets onchain," Gu told CoinDesk in an interview. "They imagine that, let's say in 10 years, multiple trillion dollars — even tens of trillions of dollars — of assets are going to move onchain."

The potentially massive migration of financial assets is hitting a wall because, although bankers and legacy institutions want to capture the efficiency of decentralized ledgers, the current operational reality is still too risky for conservative capital allocators.

"When they move assets onchain, they need to face all these AI attacks, smart contract vulnerabilities, oracle manipulation, and cross-chain bridge hacks," Gu explained. "So, that's being considered as one of the major blockers for all this TradFi to move trillions of dollars of assets onchain."

Gu said their concerns are legitimate, noting that CertiK detected hacks nearly every day in April, making it the worst month in four years, fueled mostly by AI-driven attacks, notwithstanding "April was the worst month in four years with only three days without a hack," Gu said, adding that CertiK believes this sudden rise could only be possible with AI.

Drift Protocol and Kelp Dao were hacked by North Korean cybercriminals in April in two exploits that drained nearly $600 million from the two lending crypto pools. In February 2025, Bybit suffered a $1.46 billion attack, described as the biggest hack of all time.

DefiLlama data recently showed more than $1.1 billion had been lost to DeFi hacks in a year, exposing how vulnerabilities in cros

Wall Street’s trillion-dollar dilemma: Why AI-powe

1$ Margin Trade

BILL: Human-AI Collaboration NetworkZEST: Bitcoin Lending ProtocolATWO: Fans Vote to Change Live Outcomes US Treasury seizes nearly $500M in Iranian crypto as Bessent touts ‘Operation Economic Fury’ T

US Treasury seizes nearly $500M in Iranian crypto as Bessent touts ‘Operation Economic Fury’

Treasury Secretary Scott Bessent announced that the US government has seized nearly $500 million in Iranian-linked cryptocurrency assets, part of an intensified sanctions campaign the administration is calling “Operation Economic Fury.” The figure, combined with a separate Tether freeze of approximately $344 million in $USDT tied to Iranian wallets, gets close to the $1 billion total Bessent referenced, though the math requires some generous rounding.

US Treasury seizes nearly $500M in Iranian crypto

Everything Can Be Huobao

$CGPT USDT STRONG BULLISH SETUP.!🔥🚀 guys! CGPT is maintaining a stable bullish structure after a tight consolidation phase, with price holding above short-term support. Momentum is gradually building,

MEGA: Real-Time Execution Layer for Ethereum

1$ Margin TradeBILL: Human-AI Collaboration NetworkZEST: Bitcoin Lending ProtocolBlockBeats News, May 30th, according to on-chain analyst Ai (@ai_9684xtpa), the whale Evaded closed its ETH and BTC sho

BlockBeats News, May 30th, according to on-chain analyst Ai (@ai_9684xtpa), the whale Evaded closed its ETH and BTC short positions yesterday and made a profit of $1.808 million. Subsequently, it opened 10x long positions on MSFT (Microsoft) and ORCL (Oracle), becoming the top position holder in both investment targets on Hyperliquid. It has now realized a gain of $0.897 million, with a total long position of $31.88 million in tech stocks.

BlockBeats News, May 30th, according to on-chain a

Investor Mark Cuban Thinks That Bitcoin "Has Lost The Plot." Should You Sell It? Billionaire investor Mark Cuban made waves on May 21 when he told the Front Office Sports podcast that he had sold most

Investor Mark Cuban Thinks That Bitcoin
"Has Lost The Plot." Should You Sell It?
Billionaire investor Mark Cuban made waves on May 21 when he told the Front Office Sports podcast that he had sold most of his
Bitcoin (CRYPTO: BTC), dramatically declaring that the cryptocurrency "has lost the plot." To justify his sale, Cuban claimed that during the Iran conflict and other recent stretches of macroeconomic instability and inflationary pressures, gold surged. At the same time, Bitcoin didn't keep pace -- proof, in Cuban's view, that the coin has failed as a store of value.
Cuban's frustration echoes what many holders have felt over the last few quarters, and the coin is still 40% lower than its all-time high set in October 2025.

Investor Mark Cuban Thinks That Bitcoin "Has Lost

ZEST: Bitcoin Lending Protocol

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
<br> In a market where most institutions focus on crypto, Bit Digital appears to have taken a more f

Bit Digital Saw Ethereum’s Strategic Value Before Institutions Caught On

😭 I've seen this movie too many times in crypto... Huge hype. Massive expectations. Then months of slow bleeding while everyone keeps saying "just wait." Now when I look at $MEGA , I can't help but th

BILL: Human-AI Collaboration Network

1$ Margin TradeBILL: Human-AI Collaboration NetworkZEST: Bitcoin Lending ProtocolBlockBeats News, May 30th, U.S. Treasury Secretary Scott Bessent stated at the 2026 Reagan National Economic Forum that

BlockBeats News, May 30th, U.S. Treasury Secretary Scott Bessent stated at the 2026 Reagan National Economic Forum that the U.S. government has seized approximately $1 billion in cryptocurrency assets from entities associated with the Iranian military since the conflict broke out.In an interview with Fox Business Channel, Bessent said that the U.S. side "directly controls these wallets," and some asset holders may not even realize that their wallets have been taken over.Reports indicate that the U.S. has recently intensified its efforts to disrupt Iran-related financial networks. Earlier, there were reports that the Islamic Revolutionary Guard Corps (IRGC) of Iran was promoting the use of a Bitcoin-settled marine insurance platform and planning to require oil tankers passing through the Strait of Hormuz to pay transit fees in Bitcoin to circumvent the risk of fund tracking and freezing due to sanctions.However, Bessent did not specify whether this seizure operation is related to the aforementioned Bitcoin payment plan, nor did he disclose the specific composition of the seized assets.Furthermore, according to previous accusations by Israeli sources, the Islamic Revolutionary Guard Corps of Iran had received around $1.5 billion in USDT stablecoin funds; there have also been reports that criminals recently impersonated Iranian official institutions to demand that shipping companies make payments using Bitcoin and USDT.

BlockBeats News, May 30th, U.S. Treasury Secretary

HTXSquare: Global Markets After Trump China Visit

I was juste finished my work and staring at charts again when @Openledger feels like one of those systams changing how we think about building in crypto, not just what we build. Liquidity around data,

Claim1,200 USDT in the Monthly Creation ChallengePost To Earn BonusHTX Creation Challenge — Post and Win 1,500U 💥Crypto’s real moat is not decentralisation. It is iteration velocity under pressure. Th

Claim1,200 USDT in the Monthly Creation Challenge

HTX  Creation Challenge — Post and Win 1,500U 💥

Crypto’s real moat is not decentralisation. It is iteration velocity under pressure. The industry tests financial ideas in the wild, often brutally, sometimes embarrassingly, but quickly. Products launch, break, fork, attract liquidity, lose liquidity, get arbitraged, get exploited, get rebuilt, and then get copied by someone with a better version before the original team has finished the post-mortem.

This looks chaotic from the outside because it is chaotic. A good example is the repeated wave of bridge exploits and protocol failures (take latest Kelp DAO exploit), that forced the market to harden its security assumptions in real time, which is one reason Wall Street is still cautious about adoption. But then again, it is also one of the most efficient financial testing environments ever created.

That is why the recent institutional interest in w

Bitcoin Trading Enters New Era With SEC-Approved Nasdaq Index Options

$2 Billion Write-Off: Manus Plans Hong Kong IPO for a Comeback?

Data Theft at Will! Major Vulnerability Exposed in This Popular AI Programming Tool

The First Person to Fly by Mars Will Be a Bitcoin Miner

The Revived Codex, Carrying OpenAI's Hopes for IPO

Google CEO Admits Lagging Behind in Coding

Microsoft to Discontinue Using Claude: Too Expensive, or a Calculated Move?

All Comments0LatestHot

Trending Topics