BounceBit is retiring its Layer 1 after a protocol authorization flaw moved 286.5 million BB without stealing keys or forging signatures. The failure sat inside the ledger's authority model.
A Term Finance governance proposal sat on-chain for six days without a veto, then removed its own timelock and drained an estimated $8.5 million from the protocol's vaults.
As artificial intelligence moves from answering questions to taking actions, organisations need to rethink where capability ends and authority begins. For the last few years, most people have interacted with artificial intelligence in a fairly contained way. You ask a…
