PANews reported on October 27th that according to on-chain analyst @ai_9684xtpa, the "smart money" who were 25x long on ETH after the October 11 flash crash finally placed their profit-taking orders. The intended short position was $4,914.9, near ETH's all-time high. They placed sell orders for 29,713.8152 ETH in the $4,190-$5,555.5 range.


Could AI have prevented the collapse of Mt. Gox had it been around then? Mt. Gox’s former CEO's AI-powered post-mortem raises an interesting ‘what if.’ Former Mt. Gox CEO Mark Karpelès probably wishes he had access to today’s artificial intelligence when he bought Mt. Gox from its founder, Jed McCaleb, in 2011. That’s because Karpelès has just fed an early version of Mt. Gox’s codebase into Anthropic’s Claude AI. What he got back was an analysis that broke down the key vulnerabilities that led to the defunct exchange’s first major hack, while labelling it “critically insecure.”In a Sunday X post, Karpelès said he uploaded Mt. Gox’s 2011 codebase to Claude, alongside various data, including GitHub history, access logs and data “dumps released by” the hacker. Read more