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Project Overview
ColdStack is a Decentralized Cloud Storage Aggregator that provides a single entry point to Decentralized Clouds such as Filecoin, SIA, Arweave and Storj with unified API and billing. This eliminates the need for our clients to deal with different APIs and different Clouds. They can reuse existing tools or SDK clients designed for the Amazon Simple Cloud Storage (S3) API, which becomes the de-facto standard for the data storage industry. They also can combine multiple Decentralized Clouds in one dApp.ColdStack can create NFTs (non-fungible tokens) for any file stored in the system. Token format is 100% compatible with major NFT marketplaces like Super Rare or Open Sea, so all the stored files can be immediately offered for sale there.In short, ColdStack is an AI-based infrastructure project based on Polkadot blockchain, which allows to unleash the power of Decentralized Clouds for the projects within the crypto space and beyond.
Confidential Fed Information Reportedly Taken by Departing Employee
Odaily News: The Federal Reserve's Inspector General has revealed that an employee may have taken confidential Fed information upon leaving their position. (CLS)
Cascade CLS Treasury Attacked, Resulting in $1.3 Million in User Fund Losses
Odaily Odaily News According to MAX monitoring, on July 16, the Cascade CLS treasury suspectedly experienced a security vulnerability, resulting in approximately $1.3 million in user fund losses. The platform has suspended all trading and withdrawals and has invited SEAL 911 and other third-party security teams to investigate and handle the incident. Cascade is a 24/7 multi-asset perpetual contract platform headquartered in New York, targeting the US market. It supports deposits via Arbitrum USDC or bank accounts and is currently still in an invitation-only private testing phase.
Crypto brokerage platform Cascade announces shutdown
Odaily reports: Crypto brokerage platform Cascade (formerly Perennial) announced on X that it is officially ceasing operations after approximately 5 years.Cascade stated that this was a difficult decision. Users can claim remaining funds from Cascade CLS and their trading accounts through the officially designated page, and users are reminded to only use the official claim portal.Previously in July, the Cascade CLS vault was suspected to have suffered a security exploit, resulting in approximately $1.3 million in user fund losses.
Cascade CLS Treasury Attacked, Resulting in $1.3 Million in User Fund Losses
Odaily Odaily News According to MAX monitoring, on July 16, the Cascade CLS treasury suspectedly experienced a security vulnerability, resulting in approximately $1.3 million in user fund losses. The platform has suspended all trading and withdrawals and has invited SEAL 911 and other third-party security teams to investigate and handle the incident. Cascade is a 24/7 multi-asset perpetual contract platform headquartered in New York, targeting the US market. It supports deposits via Arbitrum USDC or bank accounts and is currently still in an invitation-only private testing phase.
Confidential Fed Information Reportedly Taken by Departing Employee
Odaily News: The Federal Reserve's Inspector General has revealed that an employee may have taken confidential Fed information upon leaving their position. (CLS)
Cascade CLS Treasury Attacked, Resulting in $1.3 Million in User Fund Losses
Odaily Odaily News According to MAX monitoring, on July 16, the Cascade CLS treasury suspectedly experienced a security vulnerability, resulting in approximately $1.3 million in user fund losses. The platform has suspended all trading and withdrawals and has invited SEAL 911 and other third-party security teams to investigate and handle the incident. Cascade is a 24/7 multi-asset perpetual contract platform headquartered in New York, targeting the US market. It supports deposits via Arbitrum USDC or bank accounts and is currently still in an invitation-only private testing phase.
Related news
Goldman Sachs: Upgrades AI Switching Market Forecast, Rates ANET and CLS as Buy
According to Chaoxiang research, Goldman Sachs noted in its research report dated September 28, 2026 that the 650 Group has raised its 2030 forecast for the AI Ethernet data center switch market to approximately $100 billion, with a compound annual growth rate (CAGR) of 65% from 2025 to 2030. The AI server market is projected to reach $1.3 trillion by 2030, up approximately 4% from prior estimates. The traditional data center switch market forecast was revised upward by an average of 42% for the 2026–2030 period. Goldman Sachs forecasts Arista Networks (ANET) 3Q26 revenue of $3.48 billion and EPS of $1.11, both above market consensus; Celestica (CLS) 3Q26 revenue of $5.36 billion aligns with expectations, while EPS is revised down to $2.85 due to dilution from a $3 billion equity offering; F5 (FFIV) F4Q26 revenue of $894 million exceeds market consensus. Goldman Sachs believes AI network demand is being underestimated, with ANET and CLS identified as the primary beneficiaries. ANET retains a Buy rating with a $225 price target; CLS retains a Buy rating, with 2027 and 2028 EPS forecasts above market consensus; FFIV retains a Neutral rating with a $400 price target. Campus network expenditure forecasts were simultaneously adjusted upward, with WLAN and enterprise switching revised up by approximately 6% and 8%, respectively.
Confidential Fed Information Reportedly Taken by Departing Employee
Odaily News: The Federal Reserve's Inspector General has revealed that an employee may have taken confidential Fed information upon leaving their position. (CLS)
Crypto brokerage platform Cascade announces shutdown
Odaily reports: Crypto brokerage platform Cascade (formerly Perennial) announced on X that it is officially ceasing operations after approximately 5 years.Cascade stated that this was a difficult decision. Users can claim remaining funds from Cascade CLS and their trading accounts through the officially designated page, and users are reminded to only use the official claim portal.Previously in July, the Cascade CLS vault was suspected to have suffered a security exploit, resulting in approximately $1.3 million in user fund losses.
Cascade CLS Treasury Attacked, Resulting in $1.3 Million in User Fund Losses
Odaily Odaily News According to MAX monitoring, on July 16, the Cascade CLS treasury suspectedly experienced a security vulnerability, resulting in approximately $1.3 million in user fund losses. The platform has suspended all trading and withdrawals and has invited SEAL 911 and other third-party security teams to investigate and handle the incident. Cascade is a 24/7 multi-asset perpetual contract platform headquartered in New York, targeting the US market. It supports deposits via Arbitrum USDC or bank accounts and is currently still in an invitation-only private testing phase.
Musk Secures $780 Billion Sky-High Compensation
according to a new filing with the U.S. Securities and Exchange Commission (SEC), Musk has exercised all rights under his 2018 Tesla CEO compensation plan, acquiring 304 million shares of stock with a paper gain of approximately $116 billion (about RMB 780 billion). However, these shares will be locked up until 2028. Only then will Musk be able to sell them. (CLS)
“New Stock God” Serenity: Multiple Mid-to-Large Cap AI Companies Still Have Upside Potential
“New Stock God” Serenity posted on platform X, stating that compared to AI concept stocks like ARM and Marvell that have already seen significant gains, they are more focused on companies within the AI supply chain with market capitalizations between $10 billion and $100 billion.The targets they listed include ASE Technology (ASX), Sumitomo Electric Industries, Jabil (JBL), Vicor (VICR), GlobalFoundries (GFS), Applied Optoelectronics (AAOI), Alchip, Tower Semiconductor (TSEM), Fabrinet (FN), Furukawa Electric, Celestica (CLS), Nebius (NBIS), Nokia (NOK), Amkor (AMKR), Lumentum (LITE), and Coherent (COHR), among others.Serenity noted that some of the small-cap investment ideas they proposed are primarily aimed at seeking excess returns. However, overall, they still believe that many of the aforementioned AI supply chain companies have room for further upside. Serenity also disclosed that they currently hold positions only in NBIS, TSEM, and AAOI.