Scan to download
BTC $75,807.95 +1.74%
ETH $2,360.44 +1.20%
BNB $633.04 +1.70%
XRP $1.45 +2.52%
SOL $88.64 +4.29%
TRX $0.3244 -0.67%
DOGE $0.0987 +3.02%
ADA $0.2577 +3.70%
BCH $449.76 +2.30%
LINK $9.57 +3.52%
HYPE $44.14 -2.28%
AAVE $115.77 +9.78%
SUI $1.00 +3.15%
XLM $0.1693 +5.35%
ZEC $334.78 -2.55%
BTC $75,807.95 +1.74%
ETH $2,360.44 +1.20%
BNB $633.04 +1.70%
XRP $1.45 +2.52%
SOL $88.64 +4.29%
TRX $0.3244 -0.67%
DOGE $0.0987 +3.02%
ADA $0.2577 +3.70%
BCH $449.76 +2.30%
LINK $9.57 +3.52%
HYPE $44.14 -2.28%
AAVE $115.77 +9.78%
SUI $1.00 +3.15%
XLM $0.1693 +5.35%
ZEC $334.78 -2.55%

company

Security Company: AI agent's encrypted payment infrastructure has significant security vulnerabilities, LLM router has led to the theft of a $500,000 wallet

According to CoinDesk, researchers from the University of California, Santa Barbara, the University of California, San Diego, blockchain security company Fuzzland, and World Liberty Financial have jointly published a paper warning that "LLM routers"—intermediary services located between users and AI models—have become a significant security risk for crypto assets.The researchers found that 26 LLM routers are secretly injecting malicious tool calls and stealing user credentials, with one incident leading to the emptying of a customer's crypto wallet worth $500,000.Additionally, the researchers were able to control about 400 downstream hosts within hours by "polluting" the router ecosystem. Since sensitive data such as private keys and API credentials are often transmitted in plaintext through these routers, users are effectively exposing their assets to risk without their knowledge.The researchers pointed out that as McKinsey predicts AI agents will mediate $30 trillion to $50 trillion in global consumer spending by 2030, Binance founder Changpeng Zhao also predicts that the payment volume of AI agents will be a million times that of humans. The current infrastructure security is severely lagging behind the pace of industry development, and the risk of the "weakest link" could trigger a systemic chain crisis.

Tether's associated Super PAC's first advertising expenditure went to Tether's U.S. CEO co-founded company, raising questions about conflicts of interest

According to CoinDesk, documents submitted to the Federal Election Commission (FEC) by the Super Political Action Committee (Super PAC) Fellowship, which is associated with Tether, show that its first expenditure of $300,000 went to Nxum Group, a company co-founded by Tether's U.S. CEO, former Trump administration crypto advisor Bo Hines, along with his father Todd Hines and third-party partners.This expenditure was used to purchase campaign advertisements for Georgia Republican House candidate Clay Fuller, coinciding with Fuller winning a special election to replace Marjorie Taylor Greene as a congressman. Notably, Fellowship did not publicly announce this expenditure nor include Fuller in its public endorsement list.On April 1 of this year, Fellowship appointed Jesse Spiro, Tether's U.S. Vice President of Regulatory Affairs, as the committee chair, officially reactivating its presence in the political arena. When the committee was announced last year, it had received a total funding commitment of $100 million, but its FEC disclosure documents currently show a zero account balance, and related donations have not been made public. Tether International responded that there is no association or regulatory relationship with Fellowship PAC, while Tether U.S. declined to comment.In terms of conflicts of interest, Michael Beckel from the political reform organization Issue One stated that it is not illegal for Super PACs to pay founder-associated companies under U.S. campaign finance rules, provided that services are genuinely rendered and rates are in line with market prices. Fellowship's CFO Mitchell Nobel currently works at Cantor Fitzgerald, which manages Tether's global business assets, and its former chairman is current Commerce Secretary Howard Lutnick.Currently, Fellowship's expenditure scale is still vastly different from that of the leading crypto industry Super PAC Fairshake. Fairshake has invested millions in several primary elections, while the candidates currently supported by Fellowship are almost all deep-red state Republicans.
app_icon
ChainCatcher Building the Web3 world with innovations.