AI-armed attackers deepen crypto's 2026 hacking crisis

The Block's host recaps top stories including delayed Clarity Act vote, Coinbase's Michigan legal defeat, Wintermute's broker-dealer registration, weak miner earnings, and a JP Morgan cautious note on Hyperliquid. Guest Ido Ben Natan, CEO of Blockade, discusses the firm's H1 report showing record crypto hack incidents driven by AI tools, DPRK-linked attackers, a shift toward private key compromises, and the need for real-time security detection solutions. - Senate delays vote on crypto market structure bill until after August recess. - Coinbase denied injunction against Michigan over sports event contracts. - Wintermute registers US broker-dealer, expanding into traditional securities. - Mara and CleanSpark report steep revenue drops but pivot to AI/HPC data centers. - JP Morgan cautions on Hyperliquid amid rising US regulated competition. - Blockade H1 report: crypto losses over $1.1B, incidents accelerating to single digits per day. - 75% of lost funds tied to private key compromises, 80% of incidents from non-smart contract code exploits. - DPRK-linked groups account for ~$600M in hacks; AI tools enable faster weaponization of vulnerabilities.