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More →Ripple: Warns of AI threats, XRP Ledger vulnerability could lead to billions of XRP being minted
According to a report by U.Today, Ripple engineer Mayukha Vadari warned that security threats are increasing with the emergence of artificial intelligence. The warning was issued after developers discovered a critical vulnerability in the XRP Ledger (XRPL) that could allow attackers to mint up to 18.45 trillion XRP, more than 184 times the initial supply. The vulnerability was identified by Veria AI on September 21, and researchers submitted a report the next day through the XRP Ledger bug bounty program. Although XRPL developers have not yet found evidence that the vulnerability was exploited, its discovery prompted the development team to release an emergency update, XRPLD 3.4.1, on September 25. The source code has not yet been made public, raising questions about its open-source nature.
USDC circulation decreased by $800 million over the past week.
CoinWorld data: According to Cointelegraph, USDC's circulating supply decreased by $800 million over the past week, as Circle redeemed $10.5 billion while issuing $9.7 billion, resulting in a $2.5 billion reduction in supply over the past year.
An unknown wallet transferred in approximately 102 million USDT.
CoinWorld data: According to Whale Alert monitoring, approximately 102 million USDT (worth about $102 million) has just been transferred in from an unknown wallet.
BTC had a net capital inflow of 528.3908 BTC over the past 24 hours.
BiJie Network data: BTC's net capital inflow over the past 24 hours was 528.3908 BTC. This figure is aggregated from continuous 1-hour resolution data and represents the rolling 24-hour net capital flow denominated in BTC assets. It does not represent exchange net inflows, on-chain exchange flows, or institutional capital flows, and should not be conflated with deposit/withdrawal data from any single exchange. Compared with the same-caliber snapshot 24 hours ago, it rose 362.51%; compared with the same-caliber snapshot 7 days ago, it fell 69.67%.
Musk believes his company will likely "find a way to make chips better than anyone else."
According to news from Bijie, Musk believes his company is likely to "figure out how to make chips better than anyone else," because they have expertise in manufacturing custom equipment. Speaking to gathered customers and investors outside Tesla's Gigafactory in Austin, Texas, Musk said that although he currently "has no idea how to make microchips at all, we will figure it out." Musk appeared via livestream at the X Takeover event on Saturday and noted that while touring competitors' facilities, he did not see much custom equipment, whereas his company has extensive experience in manufacturing such equipment, which enables them to improve the manufacturing process. "I think it's fair to say this is one of the hardest things in the world to do," Musk said. "I don't want to be complacent or take it for granted, but I think we are likely to figure out how to make chips better than anyone else. Honestly. I don't know how long it will take us to do this. It could take several years." (Bloomberg)
Caixin Securities' Yuan Chuang: CSRC Symposium Sends Positive Signals, Strong Support at Market Bottom
According to Coin World news, Yuan Chuang of Caixin Securities: CSRC symposium releases positive signals, market bottom support is strong. Yuan Chuang, chief economist of Caixin Securities and general manager of the Research and Development Center, believes that the CSRC symposium has released positive signals, and the medium- to long-term positive trend of A-shares has not changed. On October 9, the A-share market showed a "V-shaped" trend, and in the afternoon, multiple broad-based ETFs saw significantly increased volume, driving the broader market index to rebound from the bottom. Yuan Chuang said the market bottom has received strong support. In the short term, the CSI 1000 IV climbed to 45.36 points in mid-to-late July and is currently at 24.80 points. Market sentiment has not shown obvious panic, and the subsequent rebound is expected to be milder than in August. In the medium term, Yuan Chuang believes that after several months of low-level consolidation, A-shares have already fairly fully reflected bearish factors such as concerns over a slowdown in the AI industry trend, high international oil prices, rising U.S. Treasury yields, and the Federal Reserve restarting its rate hike cycle, while the Wind All A Index still shows a certain degree of resilience.
Reports say Apple plans to partner with ADT, the largest home security company in the US, with its first smart home hub arriving next week.
According to CoinWorld news, reports say Apple plans to partner with ADT, the largest home security company in the United States, with its first smart home hub arriving next week. Apple's "Welcome home" event is scheduled for 9 a.m. Eastern Time on October 13, where it is expected to unveil its first smart home hub product. As the event approaches, more details have been leaked. According to the report, based on multiple clues, Apple may plan to establish a new partnership with ADT, the largest home security company in the United States, while launching its brand-new smart home hub. Apple has invited the media to New York on October 13 to attend the "Welcome Home" event and announce the partnership.
The 4-hour trading volume ratio of SOL contracts to spot is 8.5.
Bjie.com data: Over the most recent 4 full hours for SOLUSDT, perpetual contract trading volume was 8.5 times the spot trading volume. Compared with the same-caliber snapshot 24 hours ago, it rose by 1.2088; compared with the same-caliber snapshot 7 days ago, it rose by 1.3731.
The 4-hour trading volume ratio of ETH contracts to spot is 5.94.
Bjie.com data: Over the most recent 4 full hours for ETHUSDT, perpetual contract trading volume was 5.94 times spot trading volume. Compared with the same-caliber snapshot 24 hours ago, it decreased by 6.1611; compared with the same-caliber snapshot 7 days ago, it decreased by 6.2811.
The 4-hour trading volume ratio of BTC contracts to spot is 7.07.
Bijiie data: Over the most recent 4 full hours for BTCUSDT, perpetual contract trading volume was 7.07 times spot trading volume. Compared with the same-caliber snapshot 24 hours ago, it rose by 1.6906; compared with the same-caliber snapshot 7 days ago, it rose by 3.1308.