North Korean Hackers Steal $600 Million from Crypto Sector
Hackers linked to North Korea executed two sophisticated attacks on the cryptocurrency sector in April, stealing nearly $600 million from Drift Protocol and Kelp DAO, which accounted for 76% of all crypto hack losses in 2026 to date. The exploits, believed to have utilized artificial intelligence for target selection and exploit design, triggered a significant investor withdrawal, with Aave experiencing $9 billion in outflows in just two days, highlighting systemic vulnerabilities within decentralized finance.
Global tech layoffs exceed 100000 in 2026
In 2026, global technology layoffs have surpassed 100,000 in the first five months as companies restructure and shift resources towards artificial intelligence. The first quarter alone saw approximately 81,700 jobs eliminated, marking the highest quarterly figure since early 2023, with major firms like Meta and Amazon announcing significant cuts. This trend reflects a broader industry response to intense competition and rising costs associated with AI investment.
Judge Delays Approval of Anthropic's $1.5 Billion Settlement
US District Judge Araceli Martinez-Olguin has delayed final approval of Anthropic's proposed $1.5 billion copyright settlement, which addresses claims from authors over the alleged use of pirated books to train its AI model, Claude. The settlement, covering over 480,000 works, has seen a claims rate rise to nearly 93%, but the judge is seeking more details on attorneys' fees and payments to lead plaintiffs before proceeding. Meanwhile, a group of more than 25 writers, including Dave Eggers, has filed a separate complaint against Anthropic, indicating ongoing litigation beyond the proposed settlement.
