BTC $83,499.36 -0.85%
ETH $2,685.88 +0.40%
BNB $761.91 -1.68%
XRP $1.49 -1.01%
SOL $118.48 -2.42%
TRX $0.3357 +0.70%
DOGE $0.0934 -2.50%
ADA $0.2453 -2.87%
BCH $309.82 -6.43%
LINK $15.17 +8.75%
HYPE $87.16 -4.87%
AAVE $147.21 -4.58%
SUI $1.15 -7.39%
XLM $0.2242 +4.72%
ZEC $1,473.02 -7.25%
AAPL $338.87 -0.13%
AMZN $246.53 -0.96%
GOOGL $342.66 -0.23%
MSFT $510.09 -1.15%
META $718.23 -4.06%
NVDA $229.43 +2.29%
TSLA $358.58 -3.78%
SNDK $1,714.56 -3.41%
INTC $116.11 -6.22%
SPCX $146.25 -2.12%
MU $1,056.08 -3.09%
AMD $611.10 -3.23%
BTC $83,499.36 -0.85%
ETH $2,685.88 +0.40%
BNB $761.91 -1.68%
XRP $1.49 -1.01%
SOL $118.48 -2.42%
TRX $0.3357 +0.70%
DOGE $0.0934 -2.50%
ADA $0.2453 -2.87%
BCH $309.82 -6.43%
LINK $15.17 +8.75%
HYPE $87.16 -4.87%
AAVE $147.21 -4.58%
SUI $1.15 -7.39%
XLM $0.2242 +4.72%
ZEC $1,473.02 -7.25%
AAPL $338.87 -0.13%
AMZN $246.53 -0.96%
GOOGL $342.66 -0.23%
MSFT $510.09 -1.15%
META $718.23 -4.06%
NVDA $229.43 +2.29%
TSLA $358.58 -3.78%
SNDK $1,714.56 -3.41%
INTC $116.11 -6.22%
SPCX $146.25 -2.12%
MU $1,056.08 -3.09%
AMD $611.10 -3.23%

art

All
Article
Flash

Bitget CEO live-streamed a response to the platform's first security incident in eight years: the attack originated from a vulnerability in a third-party security product, and the losses will be covered by the user protection fund

In today's community live broadcast, Bitget CEO Gracy responded to recent security incidents and the platform's financial status. She candidly stated that this is the first security incident encountered since Bitget was established 8 years ago. After a complete trace, it was found that hackers exploited vulnerabilities in third-party security products to steal internal network access credentials, forged withdrawal commands to the wallet system, and deceived the wallet into executing abnormal transfers that bypassed risk checks. Gracy emphasized that no private keys were leaked, and cold wallets were unaffected; specific technical details will be disclosed in the formally released security report.Gracy pointed out that the verified losses from this incident are within the coverage of the protection fund, and user funds are not affected. The platform's own funds exceed $1.4 billion, which includes approximately $464 million in the user protection fund. The platform will continue to uphold the security commitments made when the protection fund was established in 2022, planning to replenish the fund to the baseline of $300 million within a week."The protection fund is not just a slogan, but an important mechanism that provides tangible security for users in the event of extreme security incidents," Gracy stated. In the face of sudden security challenges, the platform's comprehensive strength and its ability to take responsibility are important criteria for measuring its risk response capability and long-term credibility. Bitget will continue to uphold its long-term commitment to prioritize user interests.

first_img Samsung Electronics accelerates the construction of the first mass production line in Pyeongtaek P5, with the equipment introduction target moved up to the second quarter of next year

According to a report by ZDNet Korea on September 28, Samsung Electronics is accelerating the construction of the first mass production line (Ph1) at the Pyeongtaek Fifth Campus (P5) and is discussing with major equipment manufacturers to move the target for Ph1 equipment installation from the originally planned third quarter of next year to the second quarter of next year. P5 is the next-generation semiconductor production base aimed to be operational by 2028, and the construction of the Ph1 cleanroom began in the third quarter of this year.Samsung Electronics had previously advanced the completion of the P5 Ph1 cleanroom, originally scheduled for early next year, by about six months, so the equipment installation is expected around the third quarter of next year. Industry insiders say that the start time for equipment installation is planned to be moved up from July to August next year to around May to June next year; others have indicated that Samsung has even proposed to deliver equipment in the first quarter of next year for temporary storage at other locations, showing a strong willingness to invest early.Discussions on the investment for the second phase of P5 (Ph2) are also progressing. Currently, Ph1 is more likely to be built as a DRAM and HBM production line, while Ph2 is more likely to be built as an advanced NAND production line, including the tenth generation (V10). Equipment industry insiders say that formal purchase orders have not yet been placed, but Samsung has discussed building Ph2 as a NAND production line with partners, and due to the long equipment delivery cycle, they are requesting to prepare relevant components in advance. Reports indicate that large global tech companies are increasing orders for high-performance DRAM and NAND for AI infrastructure, while storage companies like Samsung have limited production capacity. Samsung stated during the second quarter earnings call in July that unmet demand this year will extend into next year, and the supply shortage next year will be more severe than this year, with shortages expected to continue until 2028.

first_img CPO equipment supplier orders are visible until the second quarter of next year, Zhidé and Gaoming Iron are starting factory expansions

According to the Economic Daily, the shipment of optical CPO related equipment for joint packaging is increasing. Suppliers such as ZhiDe, GaoMingTie, and DongYouDa have stated that orders from Europe, America, and Asia are flooding in, with order visibility extending to the second quarter of next year, and they are simultaneously starting factory expansions. Customers' demand for high-precision motion platforms and automated optical coupling equipment is increasing, with a noticeable rise in clients from Southeast Asia, including Singapore and Malaysia, in addition to major manufacturers in Europe and America.ZhiDe stated that after receiving thousands of orders for international CPO equipment, they have recently made new gains and are negotiating cooperation on CPO alignment modules with domestic and major manufacturers in Europe and America, with overall orders initially looking at a thousand units. The company is expanding production in the Shugu Garden and Nanke Park in response to demand, expecting to launch new capacity in the fourth quarter and continue to ramp up production next year.GaoMingTie has been certified by the world's top ten optical communication brands and has secured orders for 800G and 1.6T optical module coupling alignment modules, with optical communication product revenue accounting for 79% in the first half of the year. The company has acquired about 60% equity in an optical and medical factory in Taichung, and after establishing a production assembly line, the estimated capacity can be expanded by more than double, with the Dongguan subsidiary expected to ramp up production after mid-next year. DongYouDa is collaborating with the Japanese company Junhe on CPO optical coupling equipment, with order visibility extending to the second quarter of next year, and has already initiated plans to establish factories in Vietnam, India, and Mexico, increasing capacity utilization from 70% by the end of 2025 to 80%.
app_icon
ChainCatcher Building the Web3 world with innovations.