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On February 24th, Bybit officials said that the mETH Protocol team played a key role in the recent security incident. Through prompt action and effective coordination, the mETH Protocol team successfully recovered 15,000 cmETH tokens, worth about $43 million.
Recently, an OpenAI employee publicly criticized Elon Musk's xAI company, saying that the benchmark results of its latest AI model Grok3 were misleading. In response, xAI co-founder Igor Babushkin insisted that the company was not improper. The xAI chart shows that two versions of Grok3 - Grok3 Reasoning Beta and Grok3 mini Reasoning - outperformed OpenAI's current strongest available model, o3-mini-high, at AIME 2025. However, OpenAI employees soon...
According to official news, recently, the Bybit exchange was stolen 1.50 billion US dollars, and the security issues of the Web3 industry have once again attracted attention. For example, there are a lot of phishing and account theft in Telegram, resulting in the loss of a large number of users' assets. A recently released distributed social platform, Luffa, aims to build the most secure decentralized encrypted communication platform. Luffa can avoid the above-mentioned risks of centralized serv...
Dr. Han, founder of Gate, said in a post on the X platform that criminals have recently been found to imitate my X account. Please confirm the authenticity and avoid misinformation. Always be vigilant to protect the security of personal information.
The recent gold carry trade in the market has sparked discussions. Large quantities of physical gold are being shipped to the United States from London, the United Kingdom, Singapore, Asia and other places. Speculation that Trump may impose tariffs on imports such as gold has promoted the carry trade in gold and triggered the recent migration of physical gold. Now some analysts have also warned that the current arbitrage window is gradually narrowing, and once the window is closed, the trade of ...
On February 21, according to Mankiw: Recently, the Jiangsu Provincial High Court released a typical foreign-related case. In the case, a Singaporean investor cooperated with a Chinese citizen to invest in cryptocurrencies. The court ruled that the "contract is invalid and the risk is at its own risk", and the Singaporean investor's millions of principal were lost. The Chinese court directly ruled that the contract was invalid, on the grounds that virtual currency investment is an illegal financi...
According to a report by Matrixport analyst Markus Thielen, despite recent Bitcoin and Ethereum clearing volumes reaching highs of $600 million, the market has shown clear resilience and prices can still stabilize at the bottom. This is in sharp contrast to the sharp fluctuations caused by clearing during the bull market of 2020/2021. The report points out that the current overall market leverage level is low, traders are more cautious in their stop-loss strategies, and market confidence is stre...
On February 18th, according to Bloomberg, crypto security platform Blockaid recently completed a $50 million Series B financing, led by Ribbit Capital, with participation from GV (formerly Google Ventures) and existing investors Variant and Cyberstarts. The financing will help Blockaid deal with the growing risk of cybercrime in the digital asset sector. In 2024, Blockaid successfully blocked 71 million potential attacks and avoided a loss of $5.30 billion. The company expects to increase user g...
On February 18th, OpenZK, a new generation of Ethereum two-layer network, recently received early investment from Animoca, dedicated to promoting the expansion and sustainable development of the Ethereum ecosystem. OpenZK adopts the ZK architecture as the main body of L2, and innovatively integrates functions such as ETH native staking, re-staking, and RWA stablecoin staking onto its L2 network, aiming to provide users with an innovative solution of one-click staking and multiple returns. OpenZK...
Jesse Pollak, head of protocols at Base, wrote about the recent celebrity token incident: "A few days from now, the same people will come back and sell us the same shit, wrapped in slightly different wrapping paper (e.g. New Celeb, New Air of Legitimacy, etc.). The only way for the industry to get out of this mess is for long-term thinkers to build a better future. It's up to us."
According to a recent report from global investment house Bernstein, investors should brace for further gains in bitcoin-related assets and stocks. Analysts have pointed out that the bitcoin bull market will continue as institutional money continues to flow into the space. "The combined adoption of banks, institutional investors, corporates and sovereigns, either directly or through sovereign funds, makes bitcoin a clear challenger to gold," the report said. Analysts added that Abu Dhabi's sover...
Federal Reserve Governor Paul Waller: The recent consumer price index has been disappointing, but this may be due to seasonal adjustment issues.
Recently, many netizens found that after WeChat search launched the "AI search" function, it was connecting to the "deep thinking" service provided by DeepSeek-R1. On February 16, Tencent responded that WeChat search was officially grey released to test access to DeepSeek. Users who have been grey released can search the entrance at the top of the dialog box and see the words "AI search". After clicking to enter, they can use the DeepSeek-R1 full blood version model for free. WeChat A...
Recently, the Guangzhou Municipal Government Service and Data Administration officially deployed the DeepSeek-R1 and V3 671B large models on the government affairs extranet. By fusing massive government data elements, the large models will enrich the application of government service scenarios. According to reports, on February 16, Shenzhen officially provided DeepSeek model application services to all districts and departments based on the government affairs cloud environment, realizing the int...
The Trump administration recently proposed the creation of a US sovereign wealth fund (SWF) by 2026, and hinted that TikTok could be a potential investment target for the fund. The proposal has attracted widespread attention against a backdrop of challenging US economies and high fiscal deficits. While the idea may seem appealing, analysts warn that without clear planning and governance mechanisms, the fund could do more harm than good to markets and the economy.
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