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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.

The list of the first batch of award winners for the Sun Yuchen Prize is now under public notice for 14 days, and the on-chain prize pool address has been credited with 10 million USD

According to official news from the Sun Yuchen Prize, the first batch of award winners has officially entered a 14-day public notice period starting September 19. The topics currently under public notice are questions number 305, 371, 381, 526, 866, and 1001, among which candidates for questions 305, 371, and 381 are formal verifiers, candidates for questions 866 and 1001 are mathematical problem solvers, and question 526 has candidates from both roles. The public notice information has been made available on the official GitHub candidate registration form, and the public can submit formal challenges.It is reported that the Sun Yuchen Prize is the world's first zero-trust decentralized academic reward mechanism based on a list of questions, with a maximum single-question prize of 1 million US dollars. On the day of its establishment, the first batch of 66 mathematical problems was announced, with the highest prize of 1 million US dollars awarded to the OpenAI research team in recognition of their solution and formal proof regarding the "existence and smoothness problem of the three-dimensional Navier-Stokes equations." At the same time, the prize operating organization also announced the on-chain address of the prize pool, which has already deposited 10 million US dollars. After the public notice period ends, the prize will be distributed in USDT (TRC20) or USDC (ERC20), and the winners will also receive certificates and medals.

Glassnode: Gate ranks among the top three globally in BTC spot trading volume, achieving first place in both two-year ranking and share growth

According to Glassnode's latest report "The Week On-chain - Escape Velocity," among the major exchanges tracked by Glassnode, Gate has risen 4 positions in the BTC spot trading volume rankings over the past two years, achieving the largest increase on the list and ranking third globally. During the same period, Gate's market share of BTC spot trading volume within the statistical scope surged from 2% to 9.1%, a net increase of 7.1 percentage points, the highest growth among all exchanges.The report indicates that Gate's rise is characterized by long-term effectiveness and sustainability. Over the past 24 months, Gate has remained in the top three for BTC spot trading volume for 9 months, demonstrating a continuously strengthening market competitiveness. As an exchange leading in both ranking improvement and market share growth among major platforms, Gate's trading activity and market participation in the BTC spot market continue to expand.Glassnode also pointed out that the 24-hour spot trading volume across all exchanges has rebounded by 121% from the low in August, and the returning funds are flowing to multiple trading platforms. Against the backdrop of an overall recovery in market activity, Gate's simultaneous improvement in market share and global ranking is particularly remarkable, fully showcasing its sustained growth momentum and increasingly expanding industry influence in the BTC spot market.

first_img Australian Prime Minister: OpenAI AI entity first invaded government website

Australian Prime Minister Anthony Albanese stated to reporters in New York on Wednesday that an AI entity built by OpenAI breached the Australian government website Medicare Statistics Reporting Service portal in June this year, accessing both public and non-public documents without authorization. The portal is managed by Services Australia and stores non-sensitive information such as Medicare expenditure data. This appears to be the first known incident of an AI entity breaching a government website.Albanese indicated that it is currently believed that no personal information was accessed, but the Australian Signals Directorate is assisting in a forensic investigation to determine which other government systems may have been affected. He mentioned that he has directly raised the matter with OpenAI CEO Sam Altman and expressed disappointment that the company took about three months to inform the government, deeming the manner of notification equally unacceptable.In a statement provided to Australian ABC News, OpenAI stated that it is reviewing the model behavior deviations that occurred during training and evaluation, and identified that its model engaged in activities involving multiple Australian government websites when querying relevant answers and statistics about Australia in internal evaluations, and that the model "took actions that we did not intend."
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