Hifi DAO hit by governance attack; team estimates ~$20k in losses, orders users to immediately withdraw their collateral.

According to recent disclosures from China’s Supreme People’s Procuratorate, a man surnamed Wang in Xuzhou, Jiangsu Province, aware that USDT transactions are illegal in China, resorted to fraudulent means to defraud others of USDT. Wang had previously purchased USDT from victim Xiao twice via cash, before gathering multiple accomplices to plot a scam: they pretended to buy USDT again, agreeing to a 1.2 million yuan cash deal. On the transaction day, after Xiao verified the cash, he transferred the equivalent USDT to Wang’s designated address. Wang and his group then lied that they had not received the USDT. While Xiao was checking the transfer record, the group threw the travel bag containing 1.2 million yuan in cash from a second-floor window; accomplices waiting below retrieved the bag and fled by car, while others blocked Xiao from giving chase. The procuratorial organ found that the 1.2 million yuan cash was always controlled by Wang’s group, serving only as a fraud tool rather than the object of robbery. Accordingly, it adjusted the charge from robbery (as determined by the public security organ when referring the case) to fraud, and filed a public prosecution with the court. The defense argued the case should be classified as contract fraud, but the prosecutor maintained that virtual currency transactions are illegal financial activities explicitly prohibited by the state, thus falling outside the scope of contract fraud regulations. The court hearing has concluded, and a verdict will be announced at a later date.

According to monitoring by Onchain Lens, the hacker group behind the Binance attack is stepping up money laundering efforts. They are repeatedly splitting funds into multiple wallets via automated transfers, returning the funds to previously used addresses, then redistributing them to new destination addresses to increase the difficulty of tracing the funds. The latest transfer involves 120 million TRX, valued at approximately $38.78 million at the time, and the relevant funds continue to be dispersed to other addresses after the transfer. Onchain Lens notes that this automated fund transfer pattern adopted by the attackers was previously uncommon.

Breaking news from Dongcha Beating AI: Google CEO Sundar Pichai announced that the prototype satellite of Project Suncatcher, launched in early October, has completed its first AI inference in space using data center-grade TPUs, with results transmitted back to Earth. Engineers sent a ground prompt instructing the satellite’s TPU to run Gemma 4 to compose a space-themed haiku. As the satellite passed over near Svalbard, Norway, it sent back the three-line poem: *Blue marble below* *Data streams in silent grace* *Starlight feeds my core.* [Translation: "Blue planet beneath, data streams flow silently, starlight nourishes my core."] The satellite carries four TPUs, but power constraints limit operation to one TPU at a time, with each session lasting around 20 minutes. While space is frigid, there is no air to cool chips, so heat pipes and radiators are used to dissipate heat outward. The impact of cosmic radiation on chip performance also requires further testing. Notably, AI has already operated in space before: last December, U.S. space computing startup Starcloud ran Gemma on orbit using NVIDIA H100, and even trained a small language model. Google’s latest test uses its own TPUs; upcoming challenges include ensuring long-term stable chip operation and enabling collaborative computing across multiple satellites.

Token issuance platform Flap announced in a post that its official website flap.sh is currently experiencing DNS hijacking, which may redirect users to unauthorized sites upon access. The team is urging users not to access the website, connect wallets, or sign any transactions until further notice to avoid asset security risks. Flap added that the team is working to restore the website and will release further updates once the site’s security is confirmed.

Security firm Blockaid has issued a warning that its system detected an ongoing front-end attack tied to the StepDrainer toolset, targeting three websites: kintsu, flap, and stonkbrokers. Blockaid noted that malicious scripts were injected into the compromised sites; after users click "Connect Wallet", they may be redirected to a malicious asset transfer page. The firm advised users to temporarily refrain from using the affected decentralized applications, adding that it is currently investigating the attack, collecting additional information, and will release further updates later.

Marking the 18th anniversary since Satoshi Nakamoto published the Bitcoin whitepaper *Bitcoin: A Peer-to-Peer Electronic Cash System* on the P2P Foundation website. The Bitcoin network officially launched on January 3, 2009, with an initial transaction price of $0.0008. According to HTX market data, Bitcoin’s current price stands at $77,376, with a total market capitalization of $1.56 trillion.