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Project Overview
Guardian is the programmable blockchain infrastructure, for gaming and on-chain finance. By abstracting the challenges of key management, smart contract execution, and blockchain interaction, Guardian provides a mobile-native intuitive platform for users, enabling seamless onboarding, effortless UX, and superior functionality. Its white labelled game solution allows game developers to quickly and easily integrate secure collateral free lending functionality for game NFTs without the cost of custom infrastructure, leaving them to focus on their players and their game.
US SEC Token Safe Harbor Proposal Warned of Lacking Regulatory Certainty, Exchanges Fear Future Liability
Odaily reports: Crypto wallet backup company Vault12 submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) on Tuesday, stating that the SEC's proposed token safe harbor framework fails to adequately address centralized exchanges' listing concerns, and trading platforms still worry they may face retroactive challenges from the SEC regarding the legal status of tokens in the future.Vault12 raised $17.45 million from 38 investors in 2018 through a future token agreement. Its issued Vault Guardian Token (VGT) has not yet been listed on any centralized exchange. The project has fulfilled or formally abandoned all commitments in its white paper, but exchanges it previously approached still require confirmation that the SEC will not determine in the future that VGT remains subject to the original investment contract.The SEC's "Regulation Crypto Assets" proposal introduced in August this year aims to provide exemptions for token fundraising and allow eligible projects to terminate the association between tokens and original investment contracts through a safe harbor mechanism. Vault12 recommends adding a 60-day objection period; if the SEC does not raise objections within the deadline, qualifying filings should have final effect on the agency, except in cases of fraud or material misrepresentation. (CoinDesk)
BitMEX Sued by Former Investors for Illegal Sale of Derivatives, Claiming £20 Million
According to The Guardian, HDR Global Trading Limited, the operator of cryptocurrency exchange BitMEX, has been sued by former investor Lewis Barber in the UK High Court over allegations that it sold cryptocurrency derivatives to UK investors without authorization from the UK Financial Conduct Authority (FCA), with a claim valued at £20 million.
738,600 USDC Transferred Out, Hyperliquid User Account Compromised with Over 10,000 HYPE Unstaked
Odaily News – A Hyperliquid user's account was compromised through unauthorized access, with approximately 738,600 USDC transferred out and an additional 10,287 HYPE unstaked. The affected account is identified by a specific address, with some of the stolen funds flowing to an address suspected to be associated with Bitget. As of the time of verification, the 10,287 HYPE remained in the staking balance and had not yet entered the withdrawal queue. If the attacker proceeds to initiate cWithdraw, the affected assets would be further transferred after a 7-day waiting period. In two similar recent cases, staked assets were stolen a second time due to the lack of a user-triggerable emergency pause mechanism, resulting in losses exceeding $1.1 million. Relevant recommendations include introducing a Guardian or Recovery mechanism that users can pre-enable, which would only temporarily pause withdrawals, transfers, and authorization changes. The pause would expire automatically, and restoration would require a time lock and evidence review, with all actions recorded on-chain.
Sui Hashi Testnet Handles Over 1.1 Million Bitcoin Deposits in Three Weeks, 25 Institutions Participate in Stress Testing
Odaily News: Since the launch of Sui's Hashi Bitcoin lending protocol testnet on July 22, it has processed over 1.1 million Bitcoin deposits and 165,000 withdrawals within three weeks. As of last week, more than 25 institutions had participated in the system's stress testing. Participating institutions include digital asset custodian BitGo, trading firm Cumberland, as well as Swissborg, Fluid, and Ledger, covering areas such as trading, custody infrastructure, and wealth management platforms. Hashi allows users to deposit native Bitcoin, which is confirmed by Sui validators before minting hBTC for on-chain lending and stablecoin borrowing. Deposits utilize a 2-of-2 multi-signature mechanism with MPC validator signatures, while withdrawals require review by the Guardian Layer; the project team will proceed with the 2026 mainnet launch only after this security layer completes its security audit. (Bitcoin.com News)
Australian Teen Social Media Ban Report Suspected of Containing AI Hallucinated Citations, Author Admits Using ChatGPT
According to The Guardian, the core report supporting Australia's teenage social media ban has been identified as containing multiple AI hallucination errors. The report was commissioned by the UK agency Age Check Certification Scheme (ACCS) at a cost of $3.48 million to test age verification technology. The Guardian's analysis revealed at least six errors in academic citations within the report, including links to non-existent papers and DOIs pointing to the wrong articles. ACCS initially denied using AI, then admitted to using ChatGPT to rewrite some paragraphs, but insisted that all citations were manually verified. Relevant Australian government departments have now intervened in the investigation, and experts warn that false citations could lead to incorrect decisions and damage public trust in government agencies.
Stanford Study: Unemployment Rate Increase in AI High-Exposure Occupations Actually Lower Than Low-Exposure Occupations, "Taking Away Jobs" Prediction Fails
According to The Guardian, although Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman predicted that AI would eliminate white-collar jobs on a large scale, a year later, a large-scale wave of unemployment has not emerged. The latest analysis from the Stanford Institute for Economic Policy Research shows that since ChatGPT was launched in 2022, the unemployment rate for occupational groups with high AI exposure rose by only 0.77 percentage points, lower than the 0.85 percentage points for low-exposure groups. Economists point out that AI's biggest impact currently is not reducing the number of jobs, but changing the nature of work—integrating functions, raising skill thresholds, and compressing new hiring. A ZipRecruiter survey shows that about 74% of employers have listed AI skills as an important advantage or a requirement. MIT Professor Paul Osterman warns that AI will accelerate the shift of enterprises towards outsourcing and contract labor, with about 35% of the US workforce already in an "easily replaceable" state; low-skilled workers may require public policy intervention for protection. Economists generally believe that the full impact of AI on the employment market will still take several years to manifest.
Retired woman in her 60s scammed by "fake tenant" into investing in cryptocurrency, loses over HK$4.5 million
According to reports from Huiport, the Hong Kong Police announced on their social media account "Guardian of the Internet" that they received over 50 investment fraud cases in the past week, involving losses exceeding HK$30 million. In one instance, a retired woman in her sixties met a man claiming to want to rent a room through a property trading platform. He posed as an "investment expert" and persuaded her to invest in cryptocurrency. Following his instructions, the victim purchased Tether (USDT) at physical cryptocurrency exchange shops on 20 separate occasions and transferred the funds to a designated e-wallet specified by the scammer to buy Ethereum (ETH). After initially succeeding in withdrawing part of her funds, the victim continued to invest larger amounts. However, when attempting to withdraw funds again later, the scammer demanded payment of USDT worth approximately HK$7 million as a "tax." It was only then that the victim realized she had been scammed, ultimately suffering losses exceeding HK$4.5 million.
Controlled by Foundation alone changed to a 9-party community multisig, Compound proposal retains EPCF purpose
community member ugurmersin has proposed an alternative to Proposal 613, suggesting that custody of the Ecosystem Protection and Continuity Fund (EPCF) and mainnet Chainlink SVR revenue be transferred from the Safe controlled by the Compound Foundation to a Community Multisig, adopting a 9-party 5/9 multisig mechanism. The proposal does not advocate shutting down the EPCF, but rather preserving its purpose, size, 48-month term, and emergency fund deployment capability.As of October 8, the EPCF held 500,000 USDC and 4.5834 million USDC deposited in cUSDCv3, while mainnet Chainlink SVR revenue held 355.95 ETH. The proposal states that the original Proposal 613 had planned to shut down the EPCF and transfer the funds to the Governor Timelock, and was canceled by the Proposal Guardian on October 7.
Sui Hashi Testnet Handles Over 1.1 Million Bitcoin Deposits in Three Weeks, 25 Institutions Participate in Stress Testing
Odaily News: Since the launch of Sui's Hashi Bitcoin lending protocol testnet on July 22, it has processed over 1.1 million Bitcoin deposits and 165,000 withdrawals within three weeks. As of last week, more than 25 institutions had participated in the system's stress testing. Participating institutions include digital asset custodian BitGo, trading firm Cumberland, as well as Swissborg, Fluid, and Ledger, covering areas such as trading, custody infrastructure, and wealth management platforms. Hashi allows users to deposit native Bitcoin, which is confirmed by Sui validators before minting hBTC for on-chain lending and stablecoin borrowing. Deposits utilize a 2-of-2 multi-signature mechanism with MPC validator signatures, while withdrawals require review by the Guardian Layer; the project team will proceed with the 2026 mainnet launch only after this security layer completes its security audit. (Bitcoin.com News)
Blockaid: Alephium-Ethereum Bridge Attacked, Approximately $815,000 in Assets Stolen
Blockaid disclosed on X that the Alephium TokenBridge Ethereum cross-chain bridge was attacked. The attacker compromised three out of four Guardian private keys, forged a Verified Action Approval (VAA) message, and executed the attack within approximately seven minutes, stealing roughly $815,000 worth of assets. During the attack, the attacker minted 13.76 million Wrapped ALPH tokens out of thin air—exceeding the pre-attack circulating supply by over 100%—and simultaneously unlocked and withdrew assets including USDT, USDC, WBTC, and WETH from the custody pool. As of now, the attacker’s address still holds approximately $815,000 in stolen assets and 13.76 million uncollateralized Wrapped ALPH tokens; the largest anomalous transaction involved the out-of-thin-air minting of 13.76 million Wrapped ALPH tokens.
Bitget launches the 3rd VIP Guardian Program with a total prize pool of 50,000 USDT
Bitget is launching the 3rd edition of its VIP Guardian Program, with the participation deadline set for June 5, 18:00 (UTC+8) and a total prize pool of 50,000 USDT. This round targets a specific user group: users whose VIP tier was downgraded after November 15, 2025, and who have not yet reached VIP1 as of May 6, 2026.The program includes three main sections: VIP Contracts, VIP Spot, and VIP Asset Return. Eligible users can choose one direction to participate in after completing the registration. By fulfilling the designated trading volume and net deposit requirements, users can claim corresponding USDT rewards, with a maximum of 500 USDT. Rewards are distributed on a first-come, first-served basis. For more details, please refer to the official Bitget platform.
Aave has completed the liquidation of the rsETH attacker’s positions, and the related assets have been transferred to the Recovery Guardian address.
Aave stated that, per the previously disclosed technical recovery plan, the attacker’s rsETH positions on Ethereum and Arbitrum have been liquidated on Aave, and the associated collateral assets have now been transferred to the Recovery Guardian address designated by the AIP. Aave noted that this action did not impact other users, nor did it affect the Umbrella mechanism, and emphasized that this step is a critical milestone in the overall recovery roadmap, with further recovery efforts continuing as planned.
ACI Founder: Binance Hacker's Debt Accounts for Only 0.9% of Aave's Total wETH Reserves, Easily Absorbed by Liquidation Mechanism
Odaily Report: Marc Zeller, founder of the Aave Chan Initiative (ACI), posted on X stating that the Aave protocol is fine.The Binance hacker injected 60 million USDT into the protocol within just 3 minutes and borrowed 19,762 wETH (approximately $44.9 million), at which point Tether had not yet frozen the address, nor had the Aave Guardian frozen the Aave V3 Core pool's reserves (this operation occurred 46 minutes later).However, USDT is backed by real dollars, and from the protocol's perspective, although this position is the proceeds of crime, it is overcollateralized — with a health factor of 1.04, holding $59.9 million in collateral against $44.9 million in debt.Of course, the protocol now has a large borrower with little incentive to repay the loan, but the liquidation mechanism will still operate as usual. If the ETH price rises above approximately $2,365 (+4%), the position will be liquidated just like any other position.Currently, the Aave V3 Core pool's total wETH reserves stand at 2.16 million wETH, and the hacker's debt accounts for "only" 0.9% of that, so Aave does not need to take any special action against the hacker. There are currently 345,000 wETH available (capital utilization rate of 81.6%), so if wETH depositors wish to withdraw, liquidity is fully sufficient. There is no reason or need for a bank run to occur.This situation is far less alarming than the Kelp hacker incident (which involved zero-value collateral). In theory, a governance proposal could be passed to force liquidation of the hacker by upgrading the pool (if the USDT liquidation threshold were lowered, it would affect all USDT depositors), but there is no practical benefit to doing so, as the normal liquidation mechanism can easily absorb this debt.
738,600 USDC Transferred Out, Hyperliquid User Account Compromised with Over 10,000 HYPE Unstaked
Odaily News – A Hyperliquid user's account was compromised through unauthorized access, with approximately 738,600 USDC transferred out and an additional 10,287 HYPE unstaked. The affected account is identified by a specific address, with some of the stolen funds flowing to an address suspected to be associated with Bitget. As of the time of verification, the 10,287 HYPE remained in the staking balance and had not yet entered the withdrawal queue. If the attacker proceeds to initiate cWithdraw, the affected assets would be further transferred after a 7-day waiting period. In two similar recent cases, staked assets were stolen a second time due to the lack of a user-triggerable emergency pause mechanism, resulting in losses exceeding $1.1 million. Relevant recommendations include introducing a Guardian or Recovery mechanism that users can pre-enable, which would only temporarily pause withdrawals, transfers, and authorization changes. The pause would expire automatically, and restoration would require a time lock and evidence review, with all actions recorded on-chain.
Qubic GitHub Compromised, Officials Urgently Advise Users to Take Security Measures
According to an announcement released by Qubic's official X account (@Qubic), a security incident occurred within the Qubic GitHub organization on July 13, where a compromised account accessed repositories and extracted sensitive information. Officials have intervened to handle the situation. Officials recommend the following users take immediate action: • Network Guardians: Rotate seeds immediately • Web wallet users: If you unlocked your wallet between 03:00–10:00 UTC on that day, please migrate to a new identity; if unsure about the last unlock time, migration is also recommended • Developers: Pause pulling or deploying code from Qubic repositories until officials confirm the audit is complete Officials stated that full details and subsequent updates will be published on the official Discord channel, reminding users not to trust information from unofficial channels, and warning that no one shall request user seeds for any reason. The incident post-incident report will be released after handling is complete.
Blockaid: Alephium-Ethereum Bridge Attacked, Approximately $815,000 in Assets Stolen
Blockaid disclosed on X that the Alephium TokenBridge Ethereum cross-chain bridge was attacked. The attacker compromised three out of four Guardian private keys, forged a Verified Action Approval (VAA) message, and executed the attack within approximately seven minutes, stealing roughly $815,000 worth of assets. During the attack, the attacker minted 13.76 million Wrapped ALPH tokens out of thin air—exceeding the pre-attack circulating supply by over 100%—and simultaneously unlocked and withdrew assets including USDT, USDC, WBTC, and WETH from the custody pool. As of now, the attacker’s address still holds approximately $815,000 in stolen assets and 13.76 million uncollateralized Wrapped ALPH tokens; the largest anomalous transaction involved the out-of-thin-air minting of 13.76 million Wrapped ALPH tokens.
USDT0 Reveals Security Architecture Details: Implements 3/3 Verification Mechanism and Launches $6 Million Bug Bounty Program
following the Kelp security incident, Tether's asset interoperability protocol USDT0 has disclosed details of its protocol security architecture. It stated that the system currently utilizes a proprietary DVN (Decentralized Verification Network) with message veto authority, and requires 3 independent validators, operating on different codebases, to reach a 3/3 consensus before cross-chain messages can be settled. The current verification nodes include the USDT0 proprietary DVN, LayerZero, and Canary, with future plans to expand to 4/4 and 5/5 verification mechanisms.USDT0 also stated that all multi-signature transactions must undergo multiple reviews by internal teams, external security teams, and auditing firms before signatures are submitted. The relevant contracts have been audited by firms such as Guardian and OpenZeppelin, and a $6 million bug bounty program has been launched on Immunefi.
Aave has completed the liquidation of the rsETH attacker’s positions, and the related assets have been transferred to the Recovery Guardian address.
Aave stated that, per the previously disclosed technical recovery plan, the attacker’s rsETH positions on Ethereum and Arbitrum have been liquidated on Aave, and the associated collateral assets have now been transferred to the Recovery Guardian address designated by the AIP. Aave noted that this action did not impact other users, nor did it affect the Umbrella mechanism, and emphasized that this step is a critical milestone in the overall recovery roadmap, with further recovery efforts continuing as planned.
ACI Founder: Binance Hacker's Debt Accounts for Only 0.9% of Aave's Total wETH Reserves, Easily Absorbed by Liquidation Mechanism
Odaily Report: Marc Zeller, founder of the Aave Chan Initiative (ACI), posted on X stating that the Aave protocol is fine.The Binance hacker injected 60 million USDT into the protocol within just 3 minutes and borrowed 19,762 wETH (approximately $44.9 million), at which point Tether had not yet frozen the address, nor had the Aave Guardian frozen the Aave V3 Core pool's reserves (this operation occurred 46 minutes later).However, USDT is backed by real dollars, and from the protocol's perspective, although this position is the proceeds of crime, it is overcollateralized — with a health factor of 1.04, holding $59.9 million in collateral against $44.9 million in debt.Of course, the protocol now has a large borrower with little incentive to repay the loan, but the liquidation mechanism will still operate as usual. If the ETH price rises above approximately $2,365 (+4%), the position will be liquidated just like any other position.Currently, the Aave V3 Core pool's total wETH reserves stand at 2.16 million wETH, and the hacker's debt accounts for "only" 0.9% of that, so Aave does not need to take any special action against the hacker. There are currently 345,000 wETH available (capital utilization rate of 81.6%), so if wETH depositors wish to withdraw, liquidity is fully sufficient. There is no reason or need for a bank run to occur.This situation is far less alarming than the Kelp hacker incident (which involved zero-value collateral). In theory, a governance proposal could be passed to force liquidation of the hacker by upgrading the pool (if the USDT liquidation threshold were lowered, it would affect all USDT depositors), but there is no practical benefit to doing so, as the normal liquidation mechanism can easily absorb this debt.
Unitree Robotics Unveils New Robot H2-X "Kung Fu Legend Guardian" with Up to 8 Hours of Battery Life
Unitree Robotics has launched a new robot product, the H2-X "Kung Fu Legend Guardian" (Kung Fu Legend Guardian). According to official information, the robot features both service and security guardian capabilities, with a maximum battery life of approximately 8 hours.
Controlled by Foundation alone changed to a 9-party community multisig, Compound proposal retains EPCF purpose
community member ugurmersin has proposed an alternative to Proposal 613, suggesting that custody of the Ecosystem Protection and Continuity Fund (EPCF) and mainnet Chainlink SVR revenue be transferred from the Safe controlled by the Compound Foundation to a Community Multisig, adopting a 9-party 5/9 multisig mechanism. The proposal does not advocate shutting down the EPCF, but rather preserving its purpose, size, 48-month term, and emergency fund deployment capability.As of October 8, the EPCF held 500,000 USDC and 4.5834 million USDC deposited in cUSDCv3, while mainnet Chainlink SVR revenue held 355.95 ETH. The proposal states that the original Proposal 613 had planned to shut down the EPCF and transfer the funds to the Governor Timelock, and was canceled by the Proposal Guardian on October 7.
BofA: CrowdStrike FY28 nnARR Guidance Exceeds Expectations, AI Security Becomes a New Growth Driver
According to Chaoxiang Research, a Bank of America Securities research report dated September 4, 2026 indicates that CrowdStrike raised its nnARR growth guidance for FY28 to over 20% at the Fal.Con conference, corresponding to at least $1.626 billion, which exceeds the market consensus of $1.537 billion. The company brought forward its FY30 ARR target to $10 billion. It also unveiled new AI security products including Falcon Guardian and SafeMind, with Guardian capable of immediately activating existing sensor deployments.
Sui Hashi Testnet Handles Over 1.1 Million Bitcoin Deposits in Three Weeks, 25 Institutions Participate in Stress Testing
Odaily News: Since the launch of Sui's Hashi Bitcoin lending protocol testnet on July 22, it has processed over 1.1 million Bitcoin deposits and 165,000 withdrawals within three weeks. As of last week, more than 25 institutions had participated in the system's stress testing. Participating institutions include digital asset custodian BitGo, trading firm Cumberland, as well as Swissborg, Fluid, and Ledger, covering areas such as trading, custody infrastructure, and wealth management platforms. Hashi allows users to deposit native Bitcoin, which is confirmed by Sui validators before minting hBTC for on-chain lending and stablecoin borrowing. Deposits utilize a 2-of-2 multi-signature mechanism with MPC validator signatures, while withdrawals require review by the Guardian Layer; the project team will proceed with the 2026 mainnet launch only after this security layer completes its security audit. (Bitcoin.com News)
Australian Teen Social Media Ban Report Suspected of Containing AI Hallucinated Citations, Author Admits Using ChatGPT
According to The Guardian, the core report supporting Australia's teenage social media ban has been identified as containing multiple AI hallucination errors. The report was commissioned by the UK agency Age Check Certification Scheme (ACCS) at a cost of $3.48 million to test age verification technology. The Guardian's analysis revealed at least six errors in academic citations within the report, including links to non-existent papers and DOIs pointing to the wrong articles. ACCS initially denied using AI, then admitted to using ChatGPT to rewrite some paragraphs, but insisted that all citations were manually verified. Relevant Australian government departments have now intervened in the investigation, and experts warn that false citations could lead to incorrect decisions and damage public trust in government agencies.
Related news
ACI Founder: Binance Hacker's Debt Accounts for Only 0.9% of Aave's Total wETH Reserves, Easily Absorbed by Liquidation Mechanism
Odaily Report: Marc Zeller, founder of the Aave Chan Initiative (ACI), posted on X stating that the Aave protocol is fine.The Binance hacker injected 60 million USDT into the protocol within just 3 minutes and borrowed 19,762 wETH (approximately $44.9 million), at which point Tether had not yet frozen the address, nor had the Aave Guardian frozen the Aave V3 Core pool's reserves (this operation occurred 46 minutes later).However, USDT is backed by real dollars, and from the protocol's perspective, although this position is the proceeds of crime, it is overcollateralized — with a health factor of 1.04, holding $59.9 million in collateral against $44.9 million in debt.Of course, the protocol now has a large borrower with little incentive to repay the loan, but the liquidation mechanism will still operate as usual. If the ETH price rises above approximately $2,365 (+4%), the position will be liquidated just like any other position.Currently, the Aave V3 Core pool's total wETH reserves stand at 2.16 million wETH, and the hacker's debt accounts for "only" 0.9% of that, so Aave does not need to take any special action against the hacker. There are currently 345,000 wETH available (capital utilization rate of 81.6%), so if wETH depositors wish to withdraw, liquidity is fully sufficient. There is no reason or need for a bank run to occur.This situation is far less alarming than the Kelp hacker incident (which involved zero-value collateral). In theory, a governance proposal could be passed to force liquidation of the hacker by upgrading the pool (if the USDT liquidation threshold were lowered, it would affect all USDT depositors), but there is no practical benefit to doing so, as the normal liquidation mechanism can easily absorb this debt.
The Compound proposal seeks to revoke the community multisig's authority to cancel proposals following controversy over its cancellation of Proposal 618.
According to the Compound governance forum, the proposal submitted by community member Humpy titled "Terminate Community Multi-Sig Cancellation Rights" has entered an on-chain pending state. The proposal aims to invoke the Governor contract's setProposalGuardian to set the community multi-sig's (0xbbf3…012c, 5/9 signature threshold) proposal cancellation right to expire at 00:00 UTC on November 1, 2026 (timestamp 1793491200), while retaining its Pause Guardian permission to pause markets. According to the proposal description, on October 22, five signers from the community multi-sig (Cylon, Gauntlet, Arr00, PGov, Zeroshadow) cancelled Proposal 618 before voting began. This proposal intended to transfer the $5 million EPCF fund to the community multi-sig. Humpy stated that the proposal met all on-chain requirements, contained no malicious code, and posed no security threat. The proposal also points out that the Compound Foundation previously paid advisory fees to two of the signers, Arr00 and Cylon, indicating a potential conflict of interest. Additionally, Proposal 538 passed in February this year extended this cancellation right for four years, with the original expiration date being September 12, 2026. The proposal also cites forum discussions, stating that the foundation had reserved 8.42 million v2 DAI
UK AI Firms Warn Government Has Only 12-Month Window to Resolve Data Center Protests
According to The Guardian, the Sovereign AI Leadership (SAIL) working group, comprising companies such as Nvidia, Microsoft, and Cisco, has submitted recommendations to the UK government stating that Britain has approximately 12 months to address public opposition to data centers; otherwise, a wave of protests similar to those in the United States could emerge, threatening project construction. The working group noted that successive dry summers and rising energy bills are intensifying public concern over data centers. SAIL urges the government to establish a "community prosperity compact," providing a unified framework for local authorities and mayors to outline local benefit provisions for data centers, including setting financial or infrastructure contributions based on project scale, and allowing host local councils to retain a greater share of tax revenue. Microsoft previously pledged to invest $30 billion in UK AI infrastructure and has already constructed a data center in Acton, London, with a project in Newport currently under construction.
US SEC Token Safe Harbor Proposal Warned of Lacking Regulatory Certainty, Exchanges Fear Future Liability
Odaily reports: Crypto wallet backup company Vault12 submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) on Tuesday, stating that the SEC's proposed token safe harbor framework fails to adequately address centralized exchanges' listing concerns, and trading platforms still worry they may face retroactive challenges from the SEC regarding the legal status of tokens in the future.Vault12 raised $17.45 million from 38 investors in 2018 through a future token agreement. Its issued Vault Guardian Token (VGT) has not yet been listed on any centralized exchange. The project has fulfilled or formally abandoned all commitments in its white paper, but exchanges it previously approached still require confirmation that the SEC will not determine in the future that VGT remains subject to the original investment contract.The SEC's "Regulation Crypto Assets" proposal introduced in August this year aims to provide exemptions for token fundraising and allow eligible projects to terminate the association between tokens and original investment contracts through a safe harbor mechanism. Vault12 recommends adding a 60-day objection period; if the SEC does not raise objections within the deadline, qualifying filings should have final effect on the agency, except in cases of fraud or material misrepresentation. (CoinDesk)
Unitree Robotics Unveils New Robot H2-X "Kung Fu Legend Guardian" with Up to 8 Hours of Battery Life
Unitree Robotics has launched a new robot product, the H2-X "Kung Fu Legend Guardian" (Kung Fu Legend Guardian). According to official information, the robot features both service and security guardian capabilities, with a maximum battery life of approximately 8 hours.
Retired woman in her 60s scammed by "fake tenant" into investing in cryptocurrency, loses over HK$4.5 million
According to reports from Huiport, the Hong Kong Police announced on their social media account "Guardian of the Internet" that they received over 50 investment fraud cases in the past week, involving losses exceeding HK$30 million. In one instance, a retired woman in her sixties met a man claiming to want to rent a room through a property trading platform. He posed as an "investment expert" and persuaded her to invest in cryptocurrency. Following his instructions, the victim purchased Tether (USDT) at physical cryptocurrency exchange shops on 20 separate occasions and transferred the funds to a designated e-wallet specified by the scammer to buy Ethereum (ETH). After initially succeeding in withdrawing part of her funds, the victim continued to invest larger amounts. However, when attempting to withdraw funds again later, the scammer demanded payment of USDT worth approximately HK$7 million as a "tax." It was only then that the victim realized she had been scammed, ultimately suffering losses exceeding HK$4.5 million.