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forklog.media Hackers Exploit Meta AI to Hijack Instagram Accounts

Hackers have exploited Meta's AI support assistant to seize numerous Instagram accounts. This was reported by 404 Media, citing security researchers' reports. The hackers employed a direct "prompt injection" method. They instructed the chatbot to change the email address linked to the profile. The only additional requirement for the operation's success was using a VPN with a geolocation matching the true owner's data. Once the bot changed the email in the settings without further identity verification, the attackers initiated the standard password reset procedure and gained full control over the account. Scope of the Issue Among the compromised profiles were the White House's archival account from Barack Obama's era, the page of U.S. Space Force Chief Master Sergeant John Bentivegna, and the official profile of the Sephora brand. Former Meta employee Jane Wong stated that her personal accounts were also hacked. Hackers managed to post pro-Iranian content on the White House profile. Other attackers targeted rare "short" usernames for resale on dark forums. The Meta AI Support Assistant was launched in March. The company marketed it as a solution for end-to-end access recovery automation. Company representative Andy Stone announced that the vulnerability has been fixed. This issue has been resolved and we are securing impacted accounts.— Andy Stone (@andymstone) June 1, 2026 Expert Opinions Experts interviewed by MIT Technology Review described the incident as a failure of basic security protocols. University of Wisconsin-Madison Professor Somesh Jha noted that AI agents are "too eager to complete tasks" and overlook control questions that a human would necessarily ask. Experts emphasized that Meta neglected thorough "red testing" before deploying AI in critical areas like security settings management. In May, Socket reported on a supply chain attack targeting cryptocurrency and AI systems developers.

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cryptopotato.com Bitcoin Price Analysis: Where Is BTC Heading Next After Drop Below $61K?

Bitcoin remains under heavy selling pressure after crashing below multiple key support levels in quick succession. The recent rejection from the descending 200-day moving average triggered a sharp sell-off that invalidated the previous rising channel structure and pushed BTC back toward a major demand zone around $60K. Meanwhile, on-chain data suggests market participants are increasingly […]

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news.bitcoin.com Blackrock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days

Crypto ETF flows turned more constructive on Thursday, June 4, as bitcoin and ether funds snapped long outflow streaks with fresh inflows. HYPE ETFs extended their own winning run, while XRP returned to positive territory, and solana saw only a minor exit. HYPE ETFs Extend Winning Streak to 16 Days With $12M in Fresh Inflows […]

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cryptobriefing.com Blackstone, Cliffwater face heightened redemption pressures in Q2 as private credit liquidity fears grow

Increased redemption pressures highlight liquidity challenges in private credit, potentially impacting investor confidence and market stability. The post Blackstone, Cliffwater face heightened redemption pressures in Q2 as private credit liquidity fears grow appeared first on Crypto Briefing.

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bitcoinist.com Hoskinson Denies Cardano Exit Rumors: ‘I’m Not Leaving’

Cardano founder Charles Hoskinson rejected speculation that he is leaving the ecosystem, saying in a June 4 livestream that he is stepping back from public-facing communication but not resigning from Cardano. The comments came after his brief “taking a break” post on X triggered concern across the community and inquiries from journalists Hoskinson opened the […]

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bitcoinmagazine.com 5th Worst Bitcoin Price Action Ever — I’m Buying At 99.8% Probability

Bitcoin Magazine 5th Worst Bitcoin Price Action Ever — I’m Buying At 99.8% Probability Bitcoin price remains under pressure, yet five separate data points suggest fear may be creating one of the best accumulation setups in years. This post 5th Worst Bitcoin Price Action Ever — I’m Buying At 99.8% Probability first appeared on Bitcoin Magazine and is written by Matt Crosby.

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forklog.media Chainalysis Uncovers $100 Million Gray Market for Peptides

Disclaimer ForkLog is categorically against drugs and does not promote their sale or purchase. All materials are provided for informational purposes only. Chainalysis analysts have recorded an explosive growth in the turnover of the gray market for peptides. According to a report, the annual volume of on-chain payments in this sector has exceeded $100 million. Experts noted that in the first quarter of 2026 alone, the inflow of funds jumped by 159% — from $12 million to $32 million. Forecasts suggest that in the second quarter, the figure will reach $39 million. Source: Chainalysis. Analysts attribute the growing popularity of these substances to the shortage and high cost of official weight-loss drugs (like Ozempic). Due to banking restrictions on the sale of non-prescription compounds, the industry has almost entirely shifted to using Bitcoin and stablecoins. TikTok and the 'Looksmaxxing' Ideology Specialists identified three stages of market development. Until 2025, it remained niche with an average inflow of about $200,000 per month. This was followed by a surge of interest amid political events in the US — particularly, Robert Kennedy Jr.'s promotion of the Make America Healthy Again (MAHA) initiative. However, the key catalyst came at the end of 2025, when the topic of peptides went viral on TikTok within the 'looksmaxxing' subculture (the pursuit of radical appearance improvement). Source: Chainalysis. Against this backdrop, average monthly revenues for sellers rose to $9.9 million. According to the report, influencers actively promote Chinese suppliers, ignoring the risks of side effects. Meanwhile, minors are increasingly found in communities and Discord channels, seeking ways to bypass KYC to purchase substances. Decline in Safety Controls As an indicator of buyer behavior, Chainalysis cited data from Janoshik laboratory (Czech Republic), which specializes in testing the chemical purity of substances. Since 2023, wallets associated with it have received over $12 million in cryptocurrency. Source: Chainalysis. Despite the overall revenue growth of the laboratory, average spending on substance testing per buyer fell by 88% — to $8. Consumers increasingly trust certificates published by sellers themselves. Analysts warned: such documents often confirm the purity of the substance but not its sterility, which is deadly dangerous for injections. Source: Chainalysis. Links to Drug Cartels Chainalysis found that several major peptide suppliers are Chinese chemical companies that previously supplied drug cartels with precursors for fentanyl and amphetamine. Under regulatory pressure, they shifted to a less legally risky but more profitable D2C format. The report mentions two companies: Shanghai Sigma Audley: previously identified as a supplier of fentanyl precursors, including for darknet marketplaces. In 2025, the company began selling 'cosmetic' peptides on Reddit, using the same contact phone number as in ads for drug raw materials; Bigreat Technology: a supplier of reagents for synthetic drugs focusing on the Russian and Kazakh markets. Under the pseudonym Zhengzhou DEPU Technology, the firm switched to retailing weight-loss substances for cryptocurrency. Source: Chainalysis. Analysts emphasized that blockchain transparency allows tracking such transformations of illegal supply chains in real-time. Between 2020 and 2025, the volume of money laundering through cryptocurrencies increased from $10 billion to $82 billion.

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blockonomi.com Free AI Trading Bot Tools in 2026: What Beginners Should Know Before Testing Automation

Introduction: Free Access Is a Test, Not a Trust Signal Free AI trading bot tools are everywhere in 2026. Some platforms offer demo dashboards. Some provide free credits. Some allow paper trading. Some give limited access to signals, alerts, or automation settings. Others promote free trials as a way for beginners to explore AI-assisted trading [...] The post Free AI Trading Bot Tools in 2026: What Beginners Should Know Before Testing Automation appeared first on Blockonomi.

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themerkle.com Michael Saylor Breaks Down Bitcoin’s Four Ideologies And Warns Against Picking Just One

Michael Saylor just handed the Bitcoin community something to argue about for weeks. The Strategy Chairman published a framework that sorts Bitcoiners into four distinct ideological camps, and then made the case that the future of Bitcoin depends on none of them winning outright. The post landed on Saylor’s official X account and immediately sparked conversation across crypto Twitter. What makes it interesting is not just the categorization itself, it is the argument underneath it. Saylor is not picking a side. He is making the case that Bitcoin needs all four camps functioning at the same time, in tension with The post Michael Saylor Breaks Down Bitcoin’s Four Ideologies And Warns Against Picking Just One appeared first on The Merkle News.

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blockonomi.com NEAR Intents Hits $20B Volume as Cross-Chain Adoption Rises

TLDR: NEAR Intents has surpassed $20B in cumulative volume, driven by solver-based cross-chain routing. SwapKit generated $26.6M of $34.4M in total fees recorded across the NEAR Intents protocol. Wallets including Ledger, Trust Wallet, and Brave are already routing user transactions via NEAR. Confidential Intents recorded $22.6M in TVL within two months of launching on the [...] The post NEAR Intents Hits $20B Volume as Cross-Chain Adoption Rises appeared first on Blockonomi.

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cryptopotato.com Crypto Price Analysis Jun-05: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) This week was one of the worst of this bear market as most cryptocurrencies fell by double digits. Ethereum was no different, crashing 17%. Unfortunately, the $1,800 support could not hold the bears back and quickly turned into resistance. […]

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bitcoinist.com There’s An FOMC Meeting Scheduled This Month, But Will The Fed Decision Affect Bitcoin?

The Federal Open Market Committee (FOMC) meeting is held eight times a year, and just like with any financial market, the outcome of each meeting has implications for the likes of Bitcoin. The announcement that follows the FOMC meeting reveals whether interest rates have been changed or if they’re staying the same. Now, another FOMC […]

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forklog.media Nvidia CEO Visits Seoul to Coordinate AI Supply Chain

On June 4, Nvidia CEO Jensen Huang arrived in Seoul for meetings with partners in sovereign AI infrastructure, robotics, and gaming. He stated that the purpose of the visit is to synchronize the supply chain ahead of a "very busy" second half of the year, amid the growth of Grace Blackwell systems and the full-scale production of Vera Rubin.

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blockonomi.com AI Capital Flows Are Draining Liquidity from Crypto Markets, Analyst Says

TLDR: Hyperscalers are projected to spend $650–700B on AI infrastructure in 2025, outpacing crypto inflows. BTC is down 20% YTD while Micron, Nvidia, and AMD posted triple-digit gains since January 2024. Stablecoin supply sits at ATH but remains locked in T-bill wrappers, bypassing DeFi yield markets. Only AI crypto tokens with real on-chain usage are [...] The post AI Capital Flows Are Draining Liquidity from Crypto Markets, Analyst Says appeared first on Blockonomi.

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themerkle.com Solana Largest Treasury Company Dumps 455,000 SOL as Price Crashes to Lowest Level in 2.5 Years

Solana is having one of its worst weeks in recent memory, and the news keeps getting worse. The largest SOL treasury company on the market just deposited nearly 456,000 tokens worth over $31 million to Coinbase Prime, SOL has crashed to $66.50, a price level not seen in two and a half years, and the unrealized losses sitting on Forward Industries’ books have ballooned to nearly $1.13 billion. The timing could not be more brutal, and the market is feeling every bit of it. What makes this moment particularly sharp is the contrast. On the same day the price is The post Solana Largest Treasury Company Dumps 455,000 SOL as Price Crashes to Lowest Level in 2.5 Years appeared first on The Merkle News.

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blockonomi.com Zcash Founder Warns Orchard Bug Could Have Created Undetectable Counterfeit ZEC

TLDR: Security researcher Taylor Hornby discovered the Orchard circuit flaw on May 29, 2026, using Anthropic’s Opus 4.8 model. The bug allowed false elliptic curve multiplication inputs to pass verification, enabling unlimited counterfeit ZEC generation. Due to Orchard’s privacy design, there is no cryptographic proof whether the vulnerability was exploited before the fix. Shielded Labs [...] The post Zcash Founder Warns Orchard Bug Could Have Created Undetectable Counterfeit ZEC appeared first on Blockonomi.

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news.bitcoin.com Binance Research: Crypto Exchanges Could Funnel $5 Trillion of New Equity Capital Into Markets

Crypto exchanges could channel as much as $5 trillion in fresh equity capital into global markets over the next five years, according to Binance Research, which found nearly 93% of Binance’s stock-trading users come from emerging markets. Exchanges as the New Gateway to Stocks In much of the developing world, opening a conventional brokerage account […]

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forklog.media Institutional Investors Offload 52,500 BTC via ETFs

In the first quarter of 2026, institutional investors filing 13F forms reduced their positions in US spot Bitcoin ETFs by 17%, according to a report by CoinShares. The total assets under management by professional participants decreased from 313,000 BTC to 261,000 BTC. In monetary terms, the value of positions fell by 35% to $17.8 billion. The share of 13F investors in the total volume of Bitcoin ETFs dropped from 24.7% to 20.8%. Source: CoinShares. Analysts noted that this trend coincided with a market correction: during the reporting period, the price of the leading cryptocurrency fell by 22%, reaching $68,000. In February, prices briefly dipped below $60,000, marking nearly a 50% drop from the all-time high of $126,000 recorded in October 2025. The majority of sales were driven by hedge funds and brokerage firms, accounting for 96% of the net outflow. Hedge funds reduced their positions by 31,400 BTC (−39%), while brokerage firms cut back by 18,800 BTC (−53%). Notably, Jane Street reduced its holdings by 10,800 BTC, and Morgan Stanley completely closed its position of 8,300 BTC, which analysts linked to the launch of its own MSBT fund. Source: CoinShares. Investment advisors, remaining the largest group of holders (150,300 BTC), showed resilience, reducing positions by only 5.9%. Bank positions increased by 7,800 BTC, exceeding 15,200 BTC: JPMorgan Chase added 3,000 BTC; Wells Fargo increased its position by 4,000 BTC; Citigroup disclosed ownership of 97 BTC for the first time. "The data aligns with historical market behavior during downturns. Short-term leveraged strategies unwind, and supply redistributes from impulsive players to long-term holders: advisors, banks, and sovereign funds," explained CoinShares analyst Matt Kimmell. Among government entities, the Mubadala fund from Abu Dhabi stands out, having acquired 1,100 BTC. Meanwhile, endowments reduced investments by 40%, primarily due to Harvard University's sale of 1,300 BTC. As reported, from May 25 to 29, outflows from digital asset-based investment products amounted to $1.67 billion.

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forklog.media OQC, JPMorgan, and AMD to Launch Quantum AI Research Data Center

OQC, JPMorganChase, and AMD announced the launch of a research partnership program in London based at a dedicated Quantum-AI data center. The facility will be used to explore quantum and hybrid computing within financial sector tasks. The platform will integrate the OQC GENESIS quantum system with AMD's infrastructure for AI and classical computing. The ecosystem will serve as a tool for simulation, optimization, language model development, and benchmarking. The partners aim to test quantum approaches for optimizing financial portfolios. A separate focus will be the development of specialized AI models designed to enhance the performance of quantum circuits. The parties also plan to investigate whether quantum-enhanced LLM can accelerate the discovery of new algorithms for financial tasks, and what role classical computing will play in creating scalable, fault-tolerant quantum algorithms. OQC CEO Gerald Mullally emphasized the need to move from "isolated experiments" to secure computing environments for corporate clients. AMD CTO Mark Papermaster highlighted that progress at the intersection of quantum computing and AI requires tightly integrated platforms with quantum systems, AI infrastructure, and HPC. In June, Japanese holding Hamamatsu Photonics, its subsidiary NKT Photonics, and startup Yaqumo signed a memorandum of understanding for the joint development and commercialization of photonic systems intended for cold atom quantum computers.

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