AI helps uncover critical vulnerability in Zcash’s Orchard shielded pool

Machine learning has its limits—how is it being used?

Moms are outsourcing tedious household tasks to ChatGPT and selling courses teaching others to do the same. Where are all the dads?

Ironwood would close the old Orchard pool to new activity and route funds through a turnstile before they enter a new shielded pool.

While we do not outright oppose the taking of AI company stock, or of a US a sovereign wealth fund, there are better ways to achieve the senator’s goals Let no one accuse Bernie Sanders of ducking the big questions. Writing in the New York Times last week, the senator asked: “Will the future of humanity be determined by a handful of billionaires who have promoted and developed AI, with virtually no democratic input, who stand to become even richer and more powerful than they are today?” We agree entirely that this is one of the most potent questions facing global democracy today. Our book, Rewiring Democracy, surveys the emerging uses for and impacts of AI in democracy around the world and reaches the same conclusion: that the most urgent risk posed by AI is the concentration of power, wealth and control among tech oligarchs. Continue reading...

Han's nomination as prime minister could accelerate South Korea's AI ambitions, potentially reshaping its economic and regulatory landscape. The post South Korea’s Lee nominates Han Seong-sook as prime minister to lead AI growth appeared first on Crypto Briefing.

AI's economic viability is under scrutiny despite leading firms generating substantial revenue amid high losses. The post Rajiv Jain: AI’s economic viability is questionable, the importance of business fundamentals in volatile markets, and why active management is essential for long-term success | Capital Allocators appeared first on Crypto Briefing.

Josh Swihart has detailed Zcash’s emergency response to a vulnerability that could have enabled unlimited counterfeit ZEC creation, as the token has recovered more than 41% from its post-disclosure low. According to Josh Swihart, founder of Zcash Open Development Lab…

Grayscale Chief Legal Officer Craig Salm has suggested that Zcash’s own shielded user base may be offering a more meaningful signal on exploit risk than external prediction markets. His comments came after Polymarket opened a market on whether Zcash’s Orchard pool vulnerability, publicized on June 4, is ultimately confirmed to have been exploited on mainnet. […]