News linked to this event type.
Odaily News: Coinkite, the company behind hardware wallet Coldcard, may face legal action from users who collectively lost over 1,300 BTC — valued at more than $88 million — due to a vulnerability in the mnemonic generator of certain models. Thomas Braziel, founder and managing partner of 117 Partners, is investigating product liability claims and potential class action lawsuits against Coinkite, while coordinating efforts to collect information from victims worldwide. Brazilian Bitcoin advocate Felipe Ojeda has filed a police report and will file a complaint against the company in Brazil. Cris Carrascosa, CEO of ATH21, stated that Coinkite does not assume custodial responsibility for user funds tied to its products, and any lawsuit would need to prove that Coldcard could have foreseen the attack. Ana Ojeda, head of institutional business development at Blend, noted that victims do not have an automatic right to full recovery of funds, but an investigation into liability issues can be pursued.
Odaily News: HyperliquidNews announced on X that the 7-day (168-hour) TWAP orders went live at 09:00 UTC on August 1.
On August 2, Strategy Executive Chairman Michael Saylor posted "Bitcoin Drive engaged" along with a chart tracking the company's Bitcoin reserves. The chart shows that Strategy holds 843,775 BTC, with a market value of approximately $53.25 billion, an average cost of $75,653 per coin, and an unrealized loss of $10.58 billion. Strategy's real-time ledger shows that the company has had a total of 116 disclosed treasury events, purchasing 843,775 BTC for approximately $63.69 billion, at an average price of $75,476 per coin. The ledger also shows that Strategy recently sold a total of 3,588 BTC in two transactions—1,363 and 2,225 coins respectively—reducing its holdings from 847,363 to 843,775 BTC. Strategy disclosed in an SEC filing that the BTC sales were used to pay preferred stock distributions and replenish dollar reserves. Recent disclosures also show that the company did not purchase BTC during the week ending July 26, and increased its dollar reserves to approximately $3.75 billion, enough to cover about 2.1 years of preferred stock dividends and debt interest.
Odaily News, "White-Haired Stock God" Serenity stated that Lumentum CEO Michael Hurlston has issued a warning that the indium phosphide (InP) laser supply chain for AI data centers is facing a more severe supply gap than memory chips. Even with Lumentum's five InP wafer fabs, product shipments could still fall more than 30% short of customer demand, indicating that AI infrastructure expansion is encountering a critical bottleneck in key optical communication components.Serenity pointed out that current supply pressure is mainly concentrated in the EML (electro-absorption modulated laser) segment, but the InP laser shortage could continue to spread. He remains bullish on the "bottleneck investment" opportunities in the optical communication laser supply chain, keeping an eye on companies including Applied Optoelectronics (AAOI), Sivers Semiconductors (SIVE), Lumentum (LITE), and Coherent (COHR). As AI data center capital expenditures continue to rise, optical modules, lasers, and other infrastructure segments that were previously undervalued by the market are now undergoing repricing, and the InP laser supply bottleneck could become a key limiting factor in the expansion of AI computing power.
Odaily News: Michael Saylor, founder and Executive Chairman of the bitcoin treasury company Strategy, has once again published Bitcoin Tracker-related information. Based on previous patterns, Strategy typically discloses changes in its bitcoin holdings the day after such announcements.
Odaily News, Tom Lee, Chairman of Bitmine, an Ethereum treasury company, said in a post on X that an increasing number of public institutions and major organizations have stepped forward to support the CLARITY Act. If the Act fails to pass smoothly, the U.S. could lose its leading edge in the digital finance sector and cede dominance to other countries. He also expressed that, as Ethereum marks its 11th anniversary, he looks forward to "exponential progress" for Ethereum over the next 11 years, continuing to drive growth in the digital asset and blockchain ecosystem.
According to IT Home, Snap announced it will hold a dedicated event in Los Angeles, USA on September 16 to fully showcase its consumer-grade AR glasses Specs for the first time. CEO Evan Spiegel will personally introduce the device's functions and application scenarios. Specs opened for pre-order in June this year at a price of $2,195 (approximately 14,858 RMB), featuring dual Qualcomm Snapdragon processors, self-developed LCoS display technology, a 51-degree field of view, and AI real-time contextual assistance. It can operate independently without an external computing unit, with a mixed usage battery life of about 4 hours, extendable to 20 hours with the charging case.
Odaily News: Affected by a sharp decline in artificial intelligence (AI)-related stocks, investment firm Situational Awareness suffered a severe drawdown in July, with the fund's net value falling 67% in a single month. Aschenbrenner previously gained attention for publishing the research report "Situational Awareness: The Decade Ahead" on AI development trends, which discussed topics such as AI capability advancement, industrial competition, and AI safety over the next decade. This significant fund drawdown also highlights the challenges facing AI-themed investing: even with a long-term bullish view on technological transformation, concentrated bets on a few high-growth tech assets can still lead to剧烈 short-term volatility.The fund's founder and AI researcher Leopold Aschenbrenner acknowledged that market performance in July fell far short of expectations and said in a letter to investors: "We let you down."The Situational Awareness fund previously attracted attention for its bets on long-term AI industry growth, with an investment strategy focused on AI infrastructure, AI chips, and related technology companies. However, the AI sector underwent significant adjustments in July, with high-valuation tech stocks facing sell-offs that dragged down the fund's performance.This drawdown reflects the high volatility risk within the AI investment boom. Although the market remains optimistic about the long-term development of artificial intelligence, some AI-related assets that had previously seen rapid valuation gains underwent noticeable corrections amid changes in interest rates, earnings expectations, and capital flows. (Cointelegraph)
Odaily News, January 10 - A Bitcoin and Litecoin holder provided a 12-word recovery phrase to attackers impersonating Trezor support personnel, resulting in the theft of approximately $282 million in assets, including about $139 million in Bitcoin and $153 million in Litecoin. Blockchain forensics firm ZeroShadow stated that the incident stemmed from a social engineering attack, not a compromise of wallet software or private key infrastructure. The stolen funds were split via the THORChain cross-chain bridge within minutes and converted into Monero through instant exchange services. ZeroShadow's monitoring team flagged and froze approximately $700,000 in funds within 20 minutes. Under the BIP39 standard, a 12-word recovery phrase contains approximately 128 bits of entropy, while a 24-word phrase contains 256 bits of entropy. Chainalysis estimates that up to 23% of all mined Bitcoin is permanently inaccessible due to lost keys, involving millions of BTC, with causes including forgotten recovery phrases, damaged backups, and a lack of inheritance planning.
Odaily News: NVIDIA has officially released Video Codec SDK 13.1, offering developers multiple video encoding and decoding upgrades, including AV1 layered reference mode, zero-copy transcoding architecture, precise frame-level search, enhanced hardware decode statistics, and a new Docker development environment, further improving performance and efficiency in AI video processing, streaming, and large-scale content distribution scenarios. On the decoding front, SDK 13.1 adds per-macroblock decode statistics for H.264/H.265 without requiring additional CPU parsing overhead.NVIDIA stated that as demand for high-quality video streaming, generative AI video tools, remote collaboration, and large-scale content distribution continues to grow, Video Codec SDK 13.1 will help developers build more efficient, lower-latency, and more scalable video processing pipelines.
Odaily News, OpenAI released research findings stating that its next-generation AI model, Astra, has made progress in mathematics and theoretical computer science, covering fields such as high-dimensional geometry, coding theory, group theory, quantum complexity, post-quantum cryptography, and extremal combinatorics. The 10 results published cover: the high-dimensional sphere packing problem, binary and spherical coding problems, non-sofic group problems, Connes rigidity conjecture, arithmetic circuit complexity problems, quantum parallel repetition problems, the closest vector problem, Ehrhart volume conjecture, multicolor Ramsey number problems, and extremal graph theory conjectures.According to reports, these results were derived by an internal version of the Astra model, with the computational cost of finding solutions amounting to approximately $2,000 (calculated based on Sol API pricing). Subsequently, human researchers used the same model to help compile the results into papers and generated verifiable proof certificates through the Lean formal proof system.
The National Supercomputing Internet has officially launched the DeepSeek-V4-Flash-0731 model API calling service and model files. This version has undergone extensive post-training, significantly enhancing agent and instruction-following capabilities, with performance in multiple benchmark tests rivaling the strongest closed-source models. Enterprises and developers require no environment configuration and can invoke the service with one-click access. The platform's AI community has aggregated more than 1,700 open-source large models and has become the nation's first 100,000-card-level super-intelligence converged computing power resource pool.
据链上分析师 Onchain Lens（@OnchainLens）监测，与特朗普家族支持的 World Liberty Financial 相关联的财务公司 ALT5 Sigma 将 18.15 亿枚 $WLFI（约 9977 万美元）转移至一个新地址。转移后，ALT5 Sigma 仍持有 50.9 亿枚 $WLFI，价值约 2.82 亿美元。
According to Yonhap News Agency, data released by the National Investigation Headquarters of the Korean National Police Agency shows that during the concentrated crackdown campaign in the first half of this year (March to June), a total of 5,203 drug suspects were caught and 1,039 were detained, representing a year-on-year increase of 1.8% and 7.8% respectively. Among them, suspects involved in online drug transactions reached 2,178, accounting for 41.9% of the total number of suspects caught, an increase of 300 people compared to the same period last year; there were 848 foreign nationals involved in drug-related activities, an increase of 114 people year-on-year, with supply-related crimes accounting for up to 47.2%. During this period, the police also successfully extradited Philippine drug lord Park Wang-yeol and recovered criminal proceeds of 3.84 billion Korean won. In the second half of the year (August to December), the police will focus on strengthening crackdowns on drug sales channels on social platforms such as Telegram, and establish a 41-member special tracking team for virtual assets, while jointly strengthening efforts to crack down on drug crimes involving foreign personnel with international law enforcement agencies.
Odaily News: OpenAI announced that as of the end of July, ChatGPT's global active users surpassed 1 billion, and the number of enterprise customers exceeded 2 million.Data shows that ChatGPT gained over 1 million registered users within just 5 days of its launch, after which its user base grew rapidly, surpassing 200 million, 500 million, and 800 million users in August 2024, August 2025, and October 2025, respectively. OpenAI had previously projected internally that its user count would exceed 1 billion by the end of last year, but growth subsequently stalled, with the addition of 100 million new users taking about 5 months.OpenAI is bolstering its service competitiveness through GPT-5.6 Sol, the agent tool ChatGPT Work, as well as the lower-priced models GPT-5.6 Terra and GPT-5.6 Luna. OpenAI is also advancing the Stargate project in the U.S. with Oracle and SoftBank, and building data centers in South Korea with Samsung and SK.
The People's Bank of China held a work conference for the second half of 2026. The conference emphasized steadily deepening financial reforms and opening-up. Cooperation on inter-central bank currency swaps and local currency settlement will be carried out actively and prudently. Support and facilitation will be provided for more overseas institutions to participate in the issuance of Panda bonds. The development of the offshore RMB market will be coordinated, supporting Shanghai in enhancing its cross-border finance and offshore financial service capabilities, and consolidating Hong Kong's status as an offshore RMB business hub. Reforms to facilitate cross-border trade and investment and financing will be deepened. Construction of the Cross-Border Interbank Payment System will be advanced, international cooperation on cross-border payments strengthened, and cross-border infrastructure for the digital RMB improved.
Odaily News, Galaxy Research Head Alex Thorn posted on X platform, stating that the attack targeting wallet addresses with weak random numbers generated by Coldcard is still ongoing. Users who still hold funds in Coldcard single-signature wallets should immediately migrate to secure addresses. New victim addresses and attacker addresses are continuously being added to the investigation database, and Galaxy Research plans to release updated statistics on the number of affected addresses.He noted that the previously identified waves 1, 2, and 3 of the attack exhibit clear programmatic characteristics, and the stolen BTC currently remains in the attacker's addresses without any transfers. However, in recent times, smaller-scale attackers have begun exploiting the vulnerability to steal funds and move them through peeling chains, cross-chain services, and other methods. It is certain that single-signature wallet addresses generated by Coldcard after the March 2021 firmware upgrade are all potentially at risk, and users should migrate funds as soon as possible.Previously reported, Galaxy Research has disclosed that the Coldcard vulnerability attack has affected approximately 1,367.05 BTC (approximately $88.6 million), involving around 4,585 addresses.
Odaily News: The U.S. Internal Revenue Service (IRS) issued a fraud alert on July 30, warning that scammers are mailing counterfeit IRS notices requiring cryptocurrency holders to register through a non-existent "Digital Asset Compliance Portal" before an urgent deadline. Each fraudulent letter contains a QR code that directs recipients to a website impersonating IRS.gov. The fake portal may request personal information, cryptocurrency wallet details, exchange login credentials, recovery phrases, private keys, or other data that could be used for theft. Cryptocurrency exchange Coinbase and cybersecurity firm Darktower traced the related infrastructure to a domain registered through a Hong Kong-based registrar shortly before the letters were distributed. Investigators found that the website is hosted in Romania, on a network previously associated with phishing pages impersonating financial institutions.
Odaily News: In response to the persistent attacks on Coldcard wallets, Binance co-founder CZ reposted on X platform stating that for self-custody wallets, developers fixing vulnerabilities cannot resolve the risks associated with previously generated wallets, and developers are unable to directly contact users of air-gapped devices.CZ stated that users' wallets may still be exposed to attack risks before any action is taken. He emphasized that he still supports the self-custody model, but self-custody means users need to bear more security responsibilities.
Odaily News: Bitcoin News posted on X platform that a new technical analysis by Core-Lightning developer ddustin shows that the 2021 COLDCARD vulnerability may have originated when developers attempted to connect the wallet using Python code, MicroPython's C code, and the STM32 hardware random number generator. The custom code appears to have conflicted with MicroPython's existing implementation, potentially triggering a compiler error. Evidence suggests that developers subsequently set MICROPY_HW_ENABLE_RNG to 0, allowing the firmware to compile successfully. This change led to unintended consequences: when users created new wallets, the firmware no longer used the hardware random number generator, instead falling back to MicroPython's weaker Yasmarang software random number generator. The commit message left by the developers was only "runs." The analysis states that this serves as a reminder to developers not to release security-critical code they do not fully understand, especially when it protects billions of dollars in Bitcoin.