One Signature, $1.76 Million Gone. How a Permit Transaction Gave Hackers Access to a USDC Wallet.
The crypto market has received another painful reminder that, in Web3, the weakest point is often not the smart contract or the wallet itself, but the user’s device. In this case, one victim lost $1.76 million in USDC after signing a malicious Permit transaction. That single approval was enough to give attackers a direct path […]
Y Combinator Under Fire for Backing AI Startup Accused of Cloning Competitor’s Project
Y Combinator, one of the world’s most prominent venture funds, has found itself in the middle of a controversy after supporting the AI startup PearAI, which is accused of copying a competitor’s project. The developer community and industry experts argue that such actions undermine licensing regulations and pose a threat to the principles of open-source […]