CZ responds to college students on entrepreneurship: First work at a reputable large company for several years, advising young people to develop a specialized skill.

According to security firm Defimon’s monitoring, a vulnerability has been detected on Web3 game ecosystem development platform Enjin, resulting in losses of approximately $142,000. Enjin’s ERC-1155 “Crypto Items” allow each item to route transfers via a dedicated item adapter. Attackers registered and used a malicious transfer adapter that bypassed owner approval checks, enabling their exploit contract to call transferFrom without approval to siphon ENJ-supported items from around 52 unrelated holders’ wallets (via legitimate TransferSingle events, with no setApprovalForAll required). Afterwards, the attackers called melt() on each stolen item, redeeming 500 ENJ per item from the platform’s reserves.

Bitcoin multi-signature hardware wallet Frostsnap has released version 0.4.0, fixing two security vulnerabilities, and confirmed no user funds have been lost so far. The two flaws are: FSA-2026-001: Malicious signature requests can mark a transaction output as belonging to the user’s wallet; the device does not verify this claim or display it on the confirmation screen, which could lead to funds being sent to addresses the user has never encountered. FSA-2026-002: Change addresses may fall outside the wallet’s recovery scan range, causing apparent missing funds after backup and recovery, though the funds actually remain in the wallet. After the update, the app will prompt users to upgrade their device firmware, and firmware downgrade protection has been added. The team advises updating both the app and firmware without delay.

Binance founder Changpeng Zhao (CZ) stated at today’s offline Hong Kong meetup for his book *Binance Life* that many people have inquired about Binance’s hiring logic. Though he no longer participates heavily in candidate selection, he emphasized that initiative is essential. Noting that many remote roles may lead to employees slacking off, he explained that unproactive staff might fail to deliver results even after two months. He added that he does not actively track work progress, instead waiting for employees to submit updates, hence why initiative is far more important than waiting for bosses to check on performance.

According to Bitget's market data, South Korea's KOSPI index closed Thursday up 104.16 points, or 1.53%, at 6912.37 points. Among its heavyweight stocks, Samsung Electronics rose 1.72% and SK Hynix gained 2.49%.

Binance founder CZ stated at today's offline "Binance Life" book club meetup in Hong Kong that the development of real-world assets (RWA) has far outpaced his expectations. He noted that many people wish to buy US stocks but face barriers to opening trading accounts, adding that tokenized stocks would make global trading much more accessible. CZ encouraged industry participants to build in the RWA space, which encompasses numerous sub-sectors including stablecoins, though he pointed out that real estate tokenization may be more challenging due to insufficient price volatility.

Beating AI Insight News: Alibaba launches new Qoder, evolving its developer-focused product into an agent-based workbench accessible to all users. Users don’t need to start coding from scratch—they simply state their goals, and Qoder will independently plan, call tools, and execute tasks such as prototyping, data processing, and file organization. Qoder now offers two modes: "Programming" and "General". The Programming mode remains centered on coding and development tasks, while the General mode targets a wider range of non-technical users. On August 12, Alibaba officially renamed its original Qoder desktop application to Qoder IDE, and is now rolling out this general-purpose workbench under the Qoder brand. The tool’s underlying technology draws on the Coding Agent capabilities Alibaba has accumulated over the past year. It integrates models including Qwen 3.8-Max, supports automatic model selection, and connects to over 40 connectors, 70 plugins, and more than 20,000 skills. Additional features include a Plan function to outline workflows, a Goal function for continuous execution around objectives, a Side Tasks panel to handle parallel sub-issues, plus real-time voice, recording transcription, and a desktop pet feature. Launch-period promotional offers include free credits: individual users can claim 500 Qwen-exclusive credits daily for 5 consecutive days, up to a total of 2,500 credits; enterprise users enjoy a 50% discount when calling Qwen series models in the new Qoder.