kamal

U.S. Prosecutors Charge Canadian Man With $65M Hacks of Indexed Finance, KyberSwap

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U.S. prosecutors have charged a 22-year-old Canadian man with stealing a combined $65 million in crypto through two separate decentralized finance (DeFi) hacks — the 2021 Indexed Finance exploit and the 2023 KyberSwap hack. In a newly-unsealed indictment filed in the Eastern District of New York (EDNY), prosecutors say Andean “Andy” Medjedovic was the mastermind behind … Read more

Logarithmic Scaling: Handling Extreme Data Variability

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Analyzing datasets with extreme variability is a common challenge. Whether it’s user activity on a platform, financial data, or scientific measurements, large values can overshadow smaller ones, making it hard to derive meaningful insights. Logarithmic scaling is a common technique for addressing this issue. It compresses wide-ranging data into manageable scales while preserving its relative … Read more

Can anyone stop President Musk?

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Musk’s chaos comes for Washington. Elon Musk has an uncanny ability to sort out which of America’s rules are real. It turns out punishment from the National Labor Relations Board isn’t real, punishment from NASA isn’t real, and punishment from the FAA isn’t real. The Delaware Chancery Court is extremely real. Based on the past … Read more

Treasury Department sued over DOGE takeover

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President Donald Trump’s administration is being sued over Elon Musk’s alleged “massive and unprecedented” intrusion into the American government’s payment systems. The suit, filed in a Washington, DC federal court Monday evening by the advocacy group Public Citizen, calls for the court to stop the “unlawful, ongoing, systematic, and continuous disclosure of personal and financial … Read more

Jargon Is Killing Your Leadership: You Should Be Doing This Instead

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As we move forward, we must synergize our cross-functional efforts to create robust paradigms in our core competencies. This will optimize our value proposition and leverage our market differentiators in a scalable and resilient way. I know what you’re thinking. It’s precisely what I’ve been repeatedly thinking over the past 20 years. As engineering leaders, … Read more

SoftBank’s Masayoshi Son says AGI will arrive ‘much earlier’ than he thought

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SoftBank isn’t just part of the group investing $500 billion into Project Stargate to build American AI infrastructure capacity for OpenAI. It’s also making a Japanese joint venture with OpenAI, will spend $3 billion deploying OpenAI tech across SoftBank companies, and claims it will revolutionize business with AI agents through a new AI system called … Read more

Algorithms as Ammunition And the Danger of It All

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The thing about the Open Money framework is that it’s not only about money. The Open Money framework is also about identity, ownership, data integrity, and censorship resistance—all designed to preserve the mechanisms of individual freedom while preventing the destruction of value. At the core of all of this is the idea that data systems … Read more