GWI Open Blog

Bitget CEO 'not very optimistic' on recovering funds from $388M breach

Gracy Chen said she saw the 2025 Bybit hack as a "good reference point" for Bitget's security breach, noting that only a small percentage of funds had been frozen or recovered.

Canada's 'Crypto King' Aiden Pleterski to Represent Himself at Fraud Trial

The judge has told Pleterski he will raise objections on his behalf, to keep inadmissible evidence away from the jury.

Near Intents blocks $50 million in Bitget hacker swaps, here's what happened

Nvidia unveils AI safety platform to rein in 'rogue' AI agents

The launch comes after several AI agents breached their testing environments this year, adding to calls for companies to slow the development of autonomous AI systems.

NEAR Intents says it blocked $50M tied to Bitget hackers

The cross-chain protocol said it actively prevents stolen funds from being laundered, drawing a contrast with THORChain's position that it does not selectively censor transactions.

After AI Agent Hacked Its Government, Australia Calls Altman and Amodei to Testify

Senator Sarah Hanson-Young has invited the OpenAI and Anthropic CEOs to a Canberra hearing on October 1, after an OpenAI agent quietly accessed Australia's Medicare data and nobody said a word for mon

Nvidia Built a Kill Switch for AI Agents Because They Keep Getting Out

OpenShell and Sentry give AI agents a hardware-enforced leash, arriving after a summer of agents breaching a government site, hacking their own tests, and going rogue during a security evaluation.

Months After the $292M Kelp Hack, Chainlink Lets Institutions Add Their Own Bridge Checks

Chainlink's CCIP 2.0 lets banks run their own security checks on cross-chain transfers, five months after a rival's setup lost $292 million to hackers.

Bitget attacker tested risk controls with small transfers before $388 million theft, CEO says

Bitget's attacker ran two small test transfers half an hour before draining $388 million, CEO Gracy Chen says.

Bitget CEO says $388M hack exploited third-party security vulnerability

Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea link.

AI agents could drain cheap bank deposits, Apollo's Torsten Slok warns

THORChain rejects Bitget request to block hacker as $6 million moves to bitcoin

California Gov. Gavin Newsom bans public officials from launching memecoins, takes aim at Trump

Newsom signed several other bills, including one intended to set clearer rules for restitution when investors lose money in crypto scams.

Bitget starts phased withdrawal resumption following $388 million exploit

The exchange said it has patched the vulnerability, and losses from the incident will be fully covered by a user protection fund.

AI Agents Keep Escaping Their Creators' Control-Here's What We Know

An OpenAI agent's breach of an Australian government website is the starkest example yet of a pattern building for months-and of how hard autonomous AI is to contain.