Reliance on centralized cloud infrastructure and the IRS’s proposed “mega API” expose vulnerabilities in data privacy and accountability that decentralized technologies can address. Opinion by: Angie Darrow, chief marketing officer and chief ecosystem communications officer at Web3 Foundation When a temporary data cloud outage can disrupt the global financial system — as the AWS Tokyo outage demonstrated in April — something’s gone wrong with the infrastructure that underpins today’s data economy. In the early hours of April 12, Amazon Web Services (AWS) experienced a “connectivity issue” at its Tokyo data center. The outage lasted just 36 minutes, but the ripple effects were immediate. When AWS falters, so does the architecture of the global economy. It’s not just our assets or money at risk. Read more
Despite concerns from earlier research, smart contract developers and auditors told Cointelegraph that AI-assisted coding is improving crypto security. Update (25 July, 2025 at 3:00 PM UTC): This article has been updated to add commentary by Shantanu Sontakke, security engineer at web3 security firm Zokyo Smart-contract developers and auditors told Cointelegraph that artificial intelligence usage in programming will make crypto safer despite earlier reports suggesting that AI-generated code may introduce new security risks. A November 2024 report by the Center for Security and Emerging Technology warned that AI-assisted programming can be detrimental for cybersecurity. The paper suggests that AI generates insecure code, and models themselves are vulnerable to attacks and manipulation. Read more
SharpLink has hired a 20-year BlackRock veteran just one day after its biggest Ether-buying rival, BitMine, disclosed a massive ETH purchase. Sharplink, a major public company with significant Ether holdings, has hired a veteran BlackRock executive as the corporate Ether treasury race heats up. Former BlackRock senior executive Joseph Chalom has joined Sharplink as its new co-CEO, effective July 24, the company announced on Friday. In his new role at Sharplink, Chalom will be responsible for shaping and executing SharpLink’s global strategy in public markets and Ethereum-based digital infrastructure, his LinkedIn page reads. Read more