Mythos Forces Crypto Industry to Rethink Security Practices
The crypto industry is being forced to rethink its security practices due to the emergence of Mythos, a new AI model designed to identify and chain together weaknesses across systems. This has led to a massive shift in how the industry approaches security, with a greater focus on infrastructure rather than just smart contracts. In other news, Aave, one of the largest lending protocols in DeFi, is at the center of a broad recovery effort following losses tied to the Kelp DAO exploit. The effort, dubbed 'DeFi United,' has raised around $301 million in commitments and is seeing an unusual level of coordination across the industry. Additionally, the CEO of Alchemy has stated that crypto was built for AI agents, not humans, and that it provides the native infrastructure for a new kind of economic actor. Meanwhile, a proposal for a Bitcoin fork, eCash, has been met with backlash due to its plan to allocate Satoshi Nakamoto's copied coins to investors.