HKU and Global Cybersecurity Alliance Jointly Establish Centre for AI and Cybersecurity Research

The University of Hong Kong (HKU) and the Global Cybersecurity Alliance (GCSA) announced the joint establishment of the Centre for AI and Cybersecurity Research.

GCSA Insight: BlockBeats Poisoned by DarkSword Attack Chain, iPhone Wallets at Risk of Theft

HTX Faces Growing European Pressure As UK Exit Follows EU Transaction Ban

Cryptocurrency exchange HTX is facing mounting regulatory pressure across Europe, with its withdrawal from the United Kingdom following a series of enforcement and sanctions measures targeting the platform and its corporate structure.

France’s Crypto Tax Data-Sharing Push Raises Security Fears As Wrench Attacks Mount

France is moving to expand the international sharing of cryptocurrency transaction data, but the push for greater tax transparency is raising concerns about the security of sensitive investor information in a country already facing a disproportionate number of physical attacks targeting crypto holders.

Biggest Crypto Hack in History? Binance Loses an Estimated US$6.3 Billion, Freezes US$3 Billion and Suspends Withdrawals After an Engineer’s Laptop Is Breached

Hackers stole billions from Binance, which froze about US$3 billion and halted withdrawals. The exchange estimates the impact at US$6.3 billion and says it will cover all losses.

Anonymous Interviews with Leading Investors and Entrepreneurs: Who is Pressuring Who to Pursue Consensus?

Venture capital, artificial intelligence, financing, anonymous interviews with frontline investors and entrepreneurs: Who is forcing whom to chase consensus? Golden Finance: No one genuinely enjoys chasing consensus, yet most people are doing it.

Bloomberg: Has Bitcoin truly matured after being accepted by Wall Street?

BTC, Wall Street, Satoshi Nakamoto, Bloomberg: 18th Anniversary of the Bitcoin White Paper – Has it Truly Matured After Being Accepted by Wall Street? Golden Finance: Bitcoin is Entering Adulthood. At least in terms of age, it certainly is.

The most pressing bottleneck for AI today: cheap funding is drying up.

Confidence supports financing, and financing supports investment; once confidence weakens, the contraction of funds will in turn dampen investment and growth expectations.

Chainalysis: Sub-Saharan Africa Becomes the Fastest Growing Region for Crypto

Africa, Stablecoins, Crypto Market, Chainalysis Report: Sub-Saharan Africa Becomes the Fastest Growing Crypto Region Globally. Golden Finance reports that the sub-Saharan African crypto market has surpassed $100 billion, with South Africa leading the way.

Musk's apparent veiled criticism of Binance, with the Binance hack reportedly alarming Trump.

Elon Musk, Changpeng Zhao, Binance; Musk seemingly subtly criticizes Binance; Binance hack alarms Trump; Intel stock price plummets; former Intel engineer posts article; Jinse Finance: What have KOLs on X been talking about in the past 24 hours?

Golden Morning News | OpenAI Funding Target Plummets, Chainalysis Attacked

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3228, providing you with the latest and fastest news on the digital currency and blockchain industry.

Anthropic is about to go public: Is large-scale modeling a good business?

Anthropic has filed for an IPO, with an expected valuation of $1.5 trillion to $2 trillion. Looking at the revenue and gross margin in the prospectus, is a large-scale model company a good business?

One fish, multiple uses – An analysis of the $780,000 theft from zkLink

SlowMist Security Team Recapsulates the $783,000 ZKLink Theft: Arbitrator's arbitrary external calls superimposed on uncleaned transient storage, allowing attackers to exploit multiple vulnerabilities.

Golden Web3.0 Daily Report | Binance Suffers $6.3 Billion Hack by North Korean Hackers

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

AI alarm has sounded: A $110,000 annual default insurance policy is about to explode.

Buying a 5-year default insurance policy on $1 million of Oracle debt costs $31,500 a year; CoreWeave costs $114,500. The credit alarm bells for AI are ringing.

After such a significant drop: Has the A-share market bottomed out?

The Shanghai Composite Index fell below 3600 points, and the ChiNext Index retreated 45% from its June high. Multiple indicators, including valuation, sentiment, capital flows, and policy, suggest that the A-share market may be nearing a temporary bottom, but the bottoming process will still take time.

Two venture capitalists invest a whopping $92 million to navigate US AI policy.

The two founders of a16z donated $92 million to support pro-AI politicians during this election cycle, using political donations to protect their trillion-dollar holdings.

Can Binance afford to pay for the $6.3 billion theft in history's largest hack?

The hot wallet was emptied by EIP-7702 authorization, freezing approximately 3 billion and resulting in a net loss of approximately 1 billion. The key is whether SAFU can cover the losses and restore trust.

Binance suspected of suffering the largest hack in history, involving over $6 billion.

Binance's hot wallet saw an outflow of approximately $6.3 billion within 55 minutes, with stablecoin issuers freezing about $3 billion, putting pressure on both reserve coverage and custody security.

How did the hackers obtain authorization to transfer approximately $6.3 billion from Binance?

Binance's hot wallet was emptied by EIP-7702 bulk authorization, resulting in the outflow of approximately $6.3 billion. The attackers did not steal the private keys but bypassed the internal signature process.

OKX's financial report "answered correctly," but why did the market move in the opposite direction? Two questions.

A correct financial report does not equate to a price increase. OKX predicts that the market separates earnings expectations from market pricing into two separate issues.

DeFi funding is linked to RWA collateral; Aave leases its lending platform to professional institutions.

Aave leases its lending counters to professional institutions, enabling stablecoin liquidity to be linked on a large scale for the first time to RWA collateral such as home equity and investment-grade credit.

From Oculus to Anduril Palmer, Luckey discusses why hardware is so difficult.

New computing platforms require years of investment. The real challenges in hardware lie not in the laboratory, but in real-world environments, the supply chain, and mass production yield.

Even though the private key wasn't lost, why was $6.3 billion still emptied from Binance?

Binance was hacked on October 29, affecting approximately $6.3 billion in assets. The core issue was not the leakage of private keys, but rather the loss of control over the signature authorization process.

Binance's Nightmare: How was $6.3 billion transferred out in 40 minutes?

Attackers exploited Ethereum's new EIP-7702 feature to trick Binance's hot wallet into signing 50 authorizations, emptying 167,464 ETH and 63 other tokens in approximately 3 minutes and 24 seconds. On-chain data indicates a breach in the signature system, rather than a direct theft of private keys.

A sobering reflection on the theft of large sums of money from Binance: Is DEX the future?

If centralized exchanges cannot guarantee asset security, is it still necessary for users to entrust large amounts of assets to CEXs for safekeeping?

Binance suffers $6.3 billion security incident; North Korean hacking suspicions emerge.

Several industry insiders have pointed out that the theft may have been committed by North Korean hackers.

Binance's $6.4 billion theft: Who is the mastermind behind it? The modus operandi revealed.

What happened? Who was behind the Binance hack? How was the attack carried out? How much of the stolen assets have been frozen?

Combining DeFi funds with RWA collateral

AAVE, DeFi, Lending, Liquidity Pools, Combination of DeFi Funds and RWA Collateral (Jinse Finance) - Aave's open mechanism allows professional institutions to operate lending trading platforms.