Lookonchain APP

App Store

Xie Jiayin: Security team has accurately pinpointed the hacker attack path and is very close to tracing the source of the attack.

55 minutes ago

Bitget’s Head of Chinese-speaking Region Xie Jiayin posted a statement saying the exchange’s security team has accurately identified the attack path and techniques of the recent hack, and obtained details on how the attacker bypassed security defenses, adding that they are now very close to tracing the attack’s origin. Third-party security firms Mandiant and SlowMist are still conducting the incident investigation, with a detailed report pending from the security teams. Xie Jiayin noted that on-chain tracking has confirmed approximately $387.5 million in assets were transferred to hacker addresses, an increase from the previous estimate of $351.6 million. The revised figure includes ZEC and TRX, and no other unauthorized asset transfers have been detected so far. Stolen platform-level funds will be fully covered by Bitget’s User Protection Fund, meaning user assets will not suffer losses. Additionally, Bitget has officially launched a fund recovery bounty program, offering a 5% bounty to participants who actively freeze or recover the attacker’s funds.

Relevant content

Trump expresses concern over yen depreciation; Japan's Finance Minister says Tokyo will coordinate closely with the U.S.

Japanese Finance Minister Satsuki Katayama said today that during this week’s meeting between US President Donald Trump and Japanese Prime Minister Sanae Takaichi, Trump voiced concern over the yen’s depreciation, with Takaichi responding that the yen’s undervaluation is a problem. Katayama added that Japan will continue to maintain close communication with US Treasury Secretary Scott Bessent on a range of issues including foreign exchange. After these remarks, the yen rose 1.1% at one point, with USD/JPY slipping to around 156.98. Katayama also noted that specific monetary policy tools are determined by the Bank of Japan, emphasizing that the BOJ should implement appropriate monetary policy while keeping communication with the government. She further stated that the Japanese government will not hesitate to take bold actions. Market analysts believe that the relevant statements so far are mainly verbal policy signals, and the Japan-US interest rate differential and the Federal Reserve’s interest rate path remain key factors influencing the yen’s trend.

4 minutes ago

Analysis: Wall Street and the crypto industry are accelerating their competition for the same financial market.

Stablecoins and asset tokenization are pushing traditional finance and the crypto industry into an increasingly overlapping market, with both sectors competing in areas including payments, stocks, and ETFs. This week, Binance announced a $100 million investment in stablecoin issuer Circle, alongside a 5-year USDC promotion agreement. Separately, Canada’s six largest banks are jointly exploring tokenized Canadian dollar deposits. Meanwhile, the New York Stock Exchange (NYSE) has signed a memorandum of understanding (MOU) with Blockchain.com, planning to tokenize U.S. stocks and ETFs and introduce them to the crypto market via a new Alternative Trading System (ATS) — a plan that still requires regulatory approval. Data shows that as of now, the total value of tokenized stocks has hit $3.14 billion, with holders rising to 3.87 million, a 72% increase from prior levels. Additionally, as of June this year, cross-border stablecoin flows rose 77.5% year-over-year to $220.3 billion, while the global crypto market total capitalization dropped 37% to $2.1 trillion over the same period, reflecting stablecoins’ growing adoption in real-world use cases like payments, remittances, and savings.

4 minutes ago

Bill Gates: Artificial intelligence is now powerful enough to cause "one billion deaths"

Microsoft co-founder Bill Gates has warned that artificial intelligence (AI) is "powerful enough" to help cause a significant number of human deaths, joining a growing group of tech industry leaders and practitioners in calling attention to AI’s potential existential risks. In an excerpt from a media interview set to air this weekend, Gates said: "AI is certainly powerful enough to drive events that could, for example, cause a billion deaths. There has never been a weapon in history as powerful as what malicious actors could do with the latest AI tools."

4 minutes ago

Anthropic plans to grant 50.1% of voting rights to its seven founders to retain control after the IPO.

According to a report from The Information, Anthropic is seeking shareholder approval for a special equity structure, proposing to grant a combined 50.1% voting power to CEO Dario Amodei and six other co-founders to ensure the founding team retains control after the company goes public. The arrangement requires at least three founders to hold a minimum stake in the company. Each of Anthropic’s seven founders currently holds around 2% of the shares; the new equity structure does not confer additional economic benefits, only increasing voting rights. Meanwhile, Anthropic’s Long-Term Benefit Trust will still be responsible for electing the majority of board members, with founder board seats rising from two to three. Employees will also receive shares that can break tied votes on certain matters. Anthropic was valued at $96.5 billion in May this year, and its recent secondary market valuation has climbed to approximately $1.5 trillion. The proposed IPO is expected to reference this latest valuation.

4 minutes ago

A U.S. court rejected Anthropic’s application for a stay of enforcement, dealing a setback to the "supply chain risk" case.

Dongcha’s Beating AI Express reports: The U.S. District of Columbia Circuit Court of Appeals has previously rejected Anthropic’s stay request. The case involves the Trump administration and the U.S. Department of Defense designating Anthropic as a "national security supply chain risk", restricting the federal government and its related contractors from using the company’s products. The court noted that Anthropic had not met the strict conditions required for a stay, but had not issued a final ruling on the case’s substantive dispute.

4 minutes ago

Uniswap processed 140 million trades in August, surpassing the combined total of Cboe BZX and NYSE American.

ARK analyst Lorenzo Valente published a post stating that Uniswap completed around 140 million trades in August this year, surpassing the combined trade count of two platforms: Cboe BZX and NYSE American. NYSE American, a subsidiary of the New York Stock Exchange, has operated since 1908, while Uniswap launched in 2018; five years ago, Uniswap’s monthly trade count was only roughly 2 million. Valente noted that by trade volume, Uniswap’s next target to catch up with is NYSE Arca, which completed approximately 232 million trades in August.

4 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano