Tech • IA • Crypto
AI: The major risk in the challenge no one sees coming!
7/10TL;DR
A set of energy, financial, and technological decisions is accelerating the reshaping of global power dynamics between rival blocs.
KEY POINTS
Energy rapprochement between Russia and China
Vladimir Putin and Chinese authorities are reviving the Power of Siberia 2 gas pipeline project, amid persistent tensions in the Middle East and a lasting break between Moscow and Europe. Long stalled by pricing disagreements, the project is regaining strategic momentum as Beijing seeks to secure supplies outside maritime routes deemed vulnerable. This partnership increasingly resembles a structuring energy axis across Eurasia.
Toward a dollar-independent energy bloc
Beyond a simple gas deal, this rapprochement could accelerate the emergence of an energy system bypassing the petrodollar. By consolidating overland flows between Russia and Asia, the two powers reduce their exposure to Western sanctions and dollar-denominated markets. This shift marks a move in the global energy center of gravity toward the East.
Expected impact on gas markets
A formal signing of the project could weigh on LNG prices by reducing Chinese demand on the spot market. The TTF benchmark in Europe and JKM in Asia will be closely watched. Easing gas prices would limit inflationary pressures, while sharp increases have historically been associated with economic strain.
U.S. push on crypto infrastructure
Donald Trump has ordered a review of crypto firms’ access to federal payment systems, aiming to remove obstacles linked to debanking. This initiative could transform crypto into an integrated financial infrastructure, easing exchanges between digital assets and dollars without relying on traditional banking intermediaries.
Tokenization and transformation of financial markets
The issue goes beyond Bitcoin: it concerns the tokenization of real-world assets, a market estimated at over $65 billion. Compliant players like Prometheum are already initiating this shift. Flows into Ethereum, a cornerstone of this infrastructure, are becoming a key indicator of institutional adoption.
Aave V4 and new risk management in DeFi
The Aave protocol is deploying a “hub”-based architecture that isolates risk between assets. This evolution aims to avoid the domino effects seen during the 2022 crises. It opens the door to riskier or niche assets, turning the platform into a segmented liquidity market.
A growth lever for secondary assets
By securing its core system, Aave can attract flows toward so-called “long tail” assets, historically excluded. The key indicator becomes the ratio between TVL (total value locked) and market capitalization. Rising TVL without price growth could signal that the protocol is undervalued.
Rising AI-driven cybersecurity risks
Major advances in artificial intelligence, notably with the Mythos model developed by Anthropic, make it possible to detect critical vulnerabilities at scale. Significant flaws have been identified in systems considered robust, including Apple and Firefox, revealing a step-change in both offensive and defensive capabilities.
Growing threat to the DeFi ecosystem
The prospect of powerful and potentially unregulated AI models, particularly from China, is raising concerns. Their ability to automate the discovery and exploitation of vulnerabilities could severely weaken decentralized protocols. An increase in cyberattacks is expected within 6 to 12 months, with peak risk projected by 2027.
CONCLUSION
Between energy realignment, evolving financial infrastructure, and rising technological risks, these dynamics are converging toward a rapid and profound transformation of global economic balances.