News linked to both this project and an event.
Bithumb stated that on October 27, its internal mobile collaboration system, DaouOffice, was subjected to unauthorized external access, resulting in the theft of some customer and employee personal information. The incident involved 6,444 customers, among whom the data for 5,600 individuals was encrypted and unreadable, while an additional 844 customers were confirmed to have had their personal information compromised. Furthermore, the information of 715 employees and partner personnel was also affected.
According to security researcher Spreek (@spreekaway), the administrative keys for swETH and rswETH under Swell DAO appear to have been compromised. Attackers are inflating the NAV (Net Asset Value) without asset backing by up to 1% per hour. Four malicious upgrade contracts have been deployed and are queued for multisig execution; if executed, they could result in the theft of approximately 2,500 ETH. Furthermore, analysis by ADL (@ADLXBT) indicates that the management keys control proxy administrator permissions. Once seized by attackers, these keys could allow the redirection of swETH/rswETH proxies to malicious implementation contracts, triggering minting or withdrawal functions to artificially inflate the NAV without corresponding asset backing. Spreek noted that any connection between this incident and the Railway platform remains speculative, with only a coincidental timeline observed and no concrete evidence available. The incident report he published was generated by Claude, and certain portions remain unverified.
Machi Big Brother (@machibigbrother) stated that Papertrade (@papertrade_xyz) recently issued an update regarding the transferability of the PAPER token, noting that Papertrade is a complex underlying primitive with significant risk management challenges, and the PAPER token is far more tightly integrated into the protocol's economic model than most protocol tokens. Machi pointed out that the PAPER token will remain non-transferable for the foreseeable future; holders can currently only generate investment returns via protocol fees, though their share will be diluted. Furthermore, as the project allocates no tokens to the team, factors such as token value, dilution, and exit liquidity affect holders more than the team. Only fee revenue aligns incentives, though Machi noted that "this issue can be resolved."
According to Sina Finance, OpenAI is accelerating a fundraising round of approximately $30 billion, targeting a valuation that could surpass $1.4 trillion, and aims to secure investor commitments ahead of competitor Anthropic's expected mid-November IPO. Existing investors such as SoftBank Group and Abu Dhabi-based MGX are currently in talks to participate. OpenAI informed investors that following the launch of the GPT-6 Astra model, its annualized revenue has hit $50 billion and is projected to reach $70 billion by the end of the year. The company has also reduced prices for its lower-cost models to drive adoption, noting that further price cuts are possible. Insiders stated that OpenAI intends to close the financing before Anthropic releases its financial data to prevent investors from comparing the two firms directly. OpenAI accounts for revenue on a net basis and has previously accused Anthropic of recognizing all contract sales made through third-party cloud providers as revenue, thereby artificially inflating its top line. Furthermore, OpenAI raised $122 billion in March this year at a post-money valuation of $852 billion, including a committed investment from Amazon of up to $50 billion. If weakening IPO market conditions force a delay of its planned 2027 listing, this capital will additionally be deployed to fund its extensive infrastructure buildout and bolster its balance sheet.
Vitalik Buterin (@VitalikButerin) stated that the ideal path for supporting various cryptographic algorithms lies in EIP-8288: users locally generate arbitrary signatures, produce STARK proofs, and submit them on-chain via a STARK aggregator. This avoids consuming calldata on-chain, so Ethereum no longer needs to add new precompiles. He also noted that if lattice cryptography (Lattice) is proven to be secure against AI attacks, it could still be utilized for accounts, wallets, and similar applications via precompiles in the future. Previously, Starknet co-founder Eli Ben-Sasson pushed back against related views from a16z, arguing that the rich mathematical structure of lattice cryptography makes it susceptible to AI attacks. Furthermore, the simplified variant based on Module SIS only emerged in 2012 and lacks sufficient maturity. He recommended waiting another three to five years until AI has thoroughly stress-tested these approaches before deploying them to custody large asset balances.
OneKey founder Yishi posted on X platform that in response to recent incidents where Ledger hardware wallets purchased by some users through CryptoBilis were found to have unauthorized hardware implanted, leading to asset theft, OneKey has not yet received any reports of its own users experiencing asset theft as a result. However, out of security concerns, OneKey has terminated CryptoBilis's authorized dealer status.OneKey also announced that it will immediately stop accepting new dealers and will re-conduct qualification reviews for all existing authorized dealers. Additionally, for users who purchased OneKey hardware wallets through CryptoBilis between March 1, 2026 and the date of this statement, regardless of device model or usage status, they may apply for a free replacement. The application deadline is December 31, 2026.Furthermore, Yishi advised users who have already used the affected devices to treat their original seed phrases as potentially compromised and to transfer their assets to wallets using new seed phrases as soon as possible, without waiting for replacement devices to arrive.
Odaily News: The XRP Ledger Foundation posted on the X platform to clarify the recent XRP Ledger security vulnerability incident, stating that the vulnerability could potentially have been used to bypass the limit that fixes XRP's total supply at 100 billion, but it was fixed two weeks ago via version 3.4.1. Furthermore, upon verification, no new XRP was found to have been created, and the total amount of XRP currently circulating on the ledger is approximately 99.986 billion.The Foundation stated that the vulnerability would have required hundreds of deliberately constructed operations to trigger, and normal payment transactions would almost never involve it. In the future, it will strengthen formal verification, AI adversarial testing, security research collaboration, and bug bounty programs with RippleX and the community. Regarding the fix process, the Foundation explained that publicly releasing a patch could allow attackers to use AI to accelerate vulnerability analysis. To address this situation, the XRPL community engaged in coordination. Participating parties including the XRP Ledger Foundation, RippleX, core developers, and validators reached a social consensus and agreed to adopt the approach of directly releasing the fix. In addition, version 3.4.1 only became a version the network was required to adopt after going through the normal amendment voting process and receiving support from more than 80% of validators for two consecutive weeks. Protocol changes still need to be completed through the amendment mechanism.Previously, RippleX engineering lead J. Ayo Akinyele also posted on the X platform, stating that he attaches great importance to the recently disclosed critical vulnerability in the XRP Ledger (XRPL) payment engine. This vulnerability is a serious security issue that has existed in the codebase for more than 10 years and could theoretically lead to the over-creation of XRP, breaking through the fixed supply cap. However, before the vulnerability could be exploited, it was discovered by the security research firm Veria AI through Ripple's bug bounty program.
Aptos officially announced the launch of a brand-new execution engine, MonoMove, describing it as the largest scalability upgrade in the history of the Aptos network, aimed at improving the execution efficiency and security of on-chain financial transactions. According to test data published by Aptos Labs, in tests that replayed real mainnet transactions from Decibel, MonoMove delivered a significant improvement in execution speed compared to the existing Move virtual machine. Specifically, collateral withdrawals were accelerated by up to 55x, vault requests by up to 40x, perpetual market requests by up to 38x, and order submissions by up to 22x. Furthermore, internal benchmark tests simulating complex financial workflows demonstrated an end-to-end throughput increase of up to 11x. MonoMove is currently being integrated into the Aptos execution engine, with full feature development expected to be completed by the end of 2026. Deployment on the mainnet is planned for 2027, pending approval via governance voting. All aforementioned performance metrics are derived from test environments and do not yet reflect actual mainnet operational results.
according to an official announcement, Bitget Stock+ has launched its "Multi-Leg Options Strategy" feature. The specific strategies include Covered Call/Put, Vertical Spreads, Straddle & Strangle, and Collar, further catering to users' professional trading needs in risk hedging, volatility trading, and directional speculation.Additionally, this feature supports a Portfolio Margin mechanism. When options positions are opened and form a risk hedge against a user's existing holdings, the system will automatically reduce or offset the corresponding margin requirements, helping to improve users' capital efficiency.Furthermore, the multi-leg strategy supports users in flexibly building and closing positions leg by leg (Leg in/Leg out). Currently, this feature is available during regular trading hours from 9:30 to 16:00 EST. For more product details, please refer to Bitget's official platform.
Decentralized perpetual swap exchange Velocity (formerly Drift) announced that co-founder Cindy Leow has officially stepped down, with the rebuilt team continuing to operate the protocol going forward. Formerly known as Drift, a perpetual swap protocol on the Solana ecosystem, Velocity has recorded over $150 billion in cumulative trading volume since its launch in 2021. After undergoing restructuring in April and receiving support from Tether, the protocol was renamed Velocity in July and recently rolled out a test version encompassing five markets. Furthermore, the protocol has completed security audits and open-sourced its code.
B.AI announced a major upgrade to its Responses API, now fully compatible with upstream standard protocols. Existing models on the platform can be uniformly accessed via the /v1/responses endpoint, provided the upstream supports the Responses API. Furthermore, any new models from already-integrated vendors added by B.AI will automatically achieve seamless compatibility within the Codex client without requiring additional configuration from developers. This update expands support in the official API full-access tier to include the MiMo, Qwen, and Hunyuan model series, while the Mix and OL Station custom-provider discounted tier now adds support for the OpenAI, Gemini, and Grok model series. By simply completing a minimal configuration of the API Key and Base URL, developers can seamlessly integrate the capabilities of major models into their daily workflows.
According to CoinDesk, Iris, an Avalanche ecosystem network founded by former IBM blockchain partner Jules Miller, has officially launched, with Bolivian telecommunications operator VIVA becoming the first carrier to join the network. VIVA utilizes USDi, a USD-backed stablecoin issued by stablecoin infrastructure provider Agora, for transaction settlements via Iris, while maintaining a portion of its operational reserves in USD to mitigate local currency exchange rate volatility, all without requiring the replacement of existing core systems. Operating on an independent Avalanche L1 network, Iris's initial expansion will focus on Latin America, with plans to extend into parts of Africa and Asia. Furthermore, Iris has secured a $43 million funding commitment from Balesia Group, a family office with telecommunications operations across the Americas.
Odaily News: Gate has officially launched a new one-stop on-chain trading product, "FOMO Hunter," aggregating hot multi-chain assets and Meme trading scenarios. It covers multiple major public chains including Robinhood, SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, supporting hot Memes, promising small-cap tokens, and various other types of on-chain assets.In terms of trading fees, "FOMO Hunter" applies a unified 0.5% buy and sell fee rate. Users trading Robinhood Chain assets through "FOMO Hunter" can also enjoy a limited-time Gas (network fee) waiver. For the trading experience, users can directly trade on-chain using their Gate account assets without needing to create or connect a wallet, or frequently transfer assets or switch networks. They can also query real-time quotes and K-line charts via token names or contract addresses, enabling "search-to-trade." Additionally, "FOMO Hunter" focuses on a Meme social trading ecosystem, supporting features such as Callout leaderboards, KOL leaderboards, and active account displays. Furthermore, leveraging Gate's deep liquidity and high-performance matching engine, it further enhances on-chain trade execution efficiency while reducing wait times and slippage.This launch further lowers the barrier for users to participate in on-chain trading and enriches Gate's Web3 asset trading scenarios. Going forward, Gate will continue to improve its on-chain trading infrastructure and product experience, providing users with more convenient and diversified Web3 trading services.
According to Chaoxiang Research, Goldman Sachs released its Global Opportunity Asset Locator report on September 2, maintaining its core stance of being overweight equities and underweight credit over a 12-month horizon, while taking a tactically neutral view on equities. Global equity markets have been range-bound since June, with AI capex beneficiaries facing selling pressure. The equal-weight S&P 500 outperformed the Nasdaq by 16% in June and July, reflecting a significant improvement in market breadth. Goldman Sachs believes that sustained earnings growth should support equities outperforming bonds and credit over the medium term, although returns may decelerate as earnings growth peaks. Furthermore, interest rate volatility, US midterm elections, and geopolitical risks could drive up short-term volatility.
According to CCTV Financial News, in August, leading domestic AI chip manufacturers released their half-year reports in quick succession. Last Friday, Biren Technology issued its financial report, revealing a near 20-fold increase in revenue. Furthermore, top-tier companies such as Cambricon and Moore Threads also recorded significant revenue growth. Behind this surge in earnings lies a shortage of high-end computing power, where demand significantly outpaces supply.
Odaily News With the La Liga season progressing, event market-related trading remains open. The next round of matches kicks off on August 28 at 02:30 (UTC+8) and 03:00 (UTC+8). Celta Vigo will face Osasuna, with current support rates of 49% and 23%, respectively, and a draw support rate of 29%. Following that, Barcelona will take on Athletic Bilbao, with current support rates of 79% and 8%, respectively, and a draw support rate of 15%.The second phase of the Gate Event Points campaign is now officially live, with a total prize pool of $16,960, including a points pool of $13,521 and a lucky jackpot pool of $10,552. As of now, the Top 1 on the points leaderboard is expected to receive 5,088 USDT. Users can enter the Gate App (v8.32 or above), complete valid event contract trades, and earn scratch cards based on cumulative trading volume. In regular markets, users earn 1 scratch card for every 20 USDT of cumulative trading volume, while in designated events marked with a "2x" badge, users earn 1 scratch card for every 10 USDT of cumulative trading volume. Users have the chance to win USDT, event points, trial vouchers, and more. They can also trigger a super lucky prize, earning 88,888 PTS points and sharing the lucky jackpot pool. Additionally, the top 100 users on the weekly leaderboard can share the points pool.Furthermore, Gate is offering a limited-time "Big Five Leagues Kickoff Carnival" prediction event from August 12, 16:00 to August 31, 16:00 (UTC+8), with a total prize pool of up to 200,000 USDT. During the event, users who participate in designated football event trading can receive a 10 USDT prediction trial voucher. If users predict a loss for a top-tier club in their opening match, they can receive up to 100 USDT in downside compensation. As an official sponsor of Inter Milan, Gate will select 10 lucky users to receive co-branded jerseys. Users who rank in the top 100 of the cumulative trading volume leaderboard can share a 50,000 USDT prize pool.
Odaily News: Qualcomm Technologies announced the launch of the Qualcomm Intelligent Multimedia SDK (IMSDK) 2.0, providing a unified development framework for AI and multimedia application development based on the Qualcomm Dragonwing platform.Qualcomm stated that IMSDK 2.0 is designed to help developers build intelligent applications on edge devices that integrate generative AI, multimedia processing, and real-time analytics capabilities, consolidating AI model inference, cameras, audio, video, sensors, and cloud connectivity into a single development environment, covering scenarios such as intelligent cameras, industrial robots, drones, and IoT devices.The new SDK introduces a Pipeline API and application building tools for Python and C++, reducing developers' reliance on underlying multimedia frameworks. Additionally, IMSDK 2.0 supports multiple AI inference paths, including the Qualcomm AI Runtime SDK (QAIRT), ONNX Runtime, and TensorFlow Lite, and can run models on CPU, GPU, or NPU as needed.Furthermore, IMSDK 2.0 introduces Coding Agent Skills for AI programming assistants, Documentation as Code, and containerized microservices capabilities, helping developers complete application building, debugging, deployment, and optimization through natural language instructions.
According to Chaoxiang Research, Morgan Stanley's August 24 report raised its revenue assumption per gigawatt (GW) of externally sold Google TPUs from $20 billion to $27 billion, increasing the gross margin assumption from 20% to 30%. Following these adjustments, TPU-related cloud revenue is projected to reach $84 billion and $108 billion in 2027 and 2028, respectively, marking increases of 35% and 37% over prior forecasts. Morgan Stanley maintains an Overweight rating on Alphabet with a price target of $400, implying 16% upside from the current share price. The upward revision draws support from recent media reports stating that Google has pledged to supply approximately one million TPUs (equivalent to roughly 1.3 GW), generating about $35 billion in revenue. Furthermore, Google's custom silicon agreement with Marvell validates TPU pricing above previous estimates. The firm anticipates Google Cloud will contribute approximately 50% of Alphabet's consolidated EBIT by 2028. Three primary catalysts underpin the potential for valuation re-rating: the rollout of Gemini 4, inference cost reductions through optimized models, and the market deployment of GenAI offerings. The target price reflects a forward P/E multiple of approximately 22x based on 2028 consensus earnings, commanding a premium of roughly 22% relative to the peer median.
According to official announcements, Ondo Finance revealed a series of ecosystem milestones, covering data on Ondo Perps and Ondo Stocks, reflecting the continuous growth of its on-chain market. Notably, since its launch in July, open interest for Ondo Perps has steadily climbed, currently surpassing $100 million, with particularly strong performance in recent weeks; meanwhile, according to DefiLlama data, Ondo Perps has ranked among the top three global RWA perpetual contract trading platforms, demonstrating market demand for RWA derivatives. Furthermore, since its launch in September 2025, Ondo Stocks has surpassed 270,000 cumulative holders, with the growth in holder count primarily driven by new participants rather than increased position sizes by a small number of existing accounts.
Odaily News According to the official announcement, Gate's Event Market has recently launched a leaderboard incentive system, alongside the debut of an esports zone and the "Top Five Leagues Kickoff" campaign, further expanding diversified interactive scenarios such as sports and esports. The first phase of the points campaign will officially begin on August 17 at 18:00 (UTC+8). Users can participate after upgrading the Gate App to version v8.32 or above. The campaign adopts a "trade to earn cards—scratch cards for prizes—climb the points leaderboard—weekly settlement" mechanism. Users who complete valid event contract trades can earn scratch cards and have the opportunity to win USDT, event points, and experience vouchers. Additionally, the top 100 users on the weekly leaderboard will share the points prize pool based on their rankings.Meanwhile, the Gate esports zone aggregates popular tournaments such as Dota 2, League of Legends, CS2, and Valorant, providing centralized access to matchups, live scores, prediction odds, and trading information. It also supports event subscriptions and match start reminders, helping users easily browse and engage in event interactions.Furthermore, from August 12 at 16:00 to August 31 at 16:00 (UTC+8), Gate is hosting the "Top Five Leagues Kickoff Carnival" campaign with a total prize pool of 200,000 USDT. Users who participate in designated football event contracts can enjoy benefits such as kickoff gifts, loss compensation, and leaderboard rewards, further enhancing the interactive experience between football events and event contracts.