BTC $80,926.36 -3.19%
ETH $2,362.16 -5.87%
BNB $720.08 -3.06%
XRP $1.31 -4.90%
SOL $102.26 -4.76%
TRX $0.3305 -0.89%
DOGE $0.0803 -4.92%
ADA $0.2213 -5.99%
BCH $264.83 -5.35%
LINK $12.06 -6.61%
HYPE $78.95 -3.33%
AAVE $148.83 -6.99%
SUI $0.9817 -7.16%
XLM $0.1797 -5.34%
ZEC $1,088.15 -12.63%
AAPL $345.73 +0.50%
AMZN $250.18 -4.23%
GOOGL $345.10 -3.85%
MSFT $531.23 -2.77%
META $731.54 -3.57%
NVDA $218.18 -4.37%
TSLA $362.44 -3.53%
SNDK $1,333.23 -7.95%
INTC $94.82 -6.78%
SPCX $148.84 -5.35%
MU $877.16 -7.49%
AMD $553.08 -8.19%
BTC $80,926.36 -3.19%
ETH $2,362.16 -5.87%
BNB $720.08 -3.06%
XRP $1.31 -4.90%
SOL $102.26 -4.76%
TRX $0.3305 -0.89%
DOGE $0.0803 -4.92%
ADA $0.2213 -5.99%
BCH $264.83 -5.35%
LINK $12.06 -6.61%
HYPE $78.95 -3.33%
AAVE $148.83 -6.99%
SUI $0.9817 -7.16%
XLM $0.1797 -5.34%
ZEC $1,088.15 -12.63%
AAPL $345.73 +0.50%
AMZN $250.18 -4.23%
GOOGL $345.10 -3.85%
MSFT $531.23 -2.77%
META $731.54 -3.57%
NVDA $218.18 -4.37%
TSLA $362.44 -3.53%
SNDK $1,333.23 -7.95%
INTC $94.82 -6.78%
SPCX $148.84 -5.35%
MU $877.16 -7.49%
AMD $553.08 -8.19%

parti

All
Article
Flash

first_img Coinbase participates in a joint operation in London to combat West African fraud networks

Cryptocurrency trading platform Coinbase announced its participation in Tech Against Scams and is collaborating with the UK's National Crime Agency, the U.S. Department of Justice Scam Center Strike Force, and international law enforcement partners to launch a joint crackdown week in London from October 6 to 9, sharing intelligence in real-time and coordinating actions against West African criminal scam networks.Coinbase stated that the relevant scam networks operate across platforms, seeking potential victims through social media, establishing trust via instant messaging, and using digital infrastructure and financial services to transfer illicit funds. As law enforcement and the industry intensify their crackdown on Southeast Asian scam hubs, criminal networks are expanding to other regions, including West Africa. This operation is hosted by the UK's National Crime Agency, bringing together technology, telecommunications, and financial companies to target the infrastructure, accounts, and payment systems that support scams.Coinbase Vice President Leah Bressack: The earlier crackdown on Southeast Asian scam hubs this year proved that coordinated actions between the industry and law enforcement are effective; as criminal networks attempt to rebuild in Africa, Coinbase's global intelligence team is tracking funds, freezing assets, and sharing intelligence in real-time. The tactics targeted include fraudulent cryptocurrency investment scams, impersonating law enforcement officials, and using fake video calls to carry out "arrests" to pressure transfers. Coinbase stated it will continue to collaborate with Tech Against Scams and law enforcement partners.

first_img SK Hynix's partial HBM4 backend equipment orders may be postponed until next year

According to DealSite, storage chip manufacturer SK Hynix is expanding the mass production of the sixth-generation high bandwidth memory HBM4. However, some industry insiders believe that the expansion speed is slower than expected, and some equipment orders planned for this year may be postponed until next year.Industry insiders stated that some equipment originally scheduled for delivery in the second half of this year has shown signs of delay, and subsequent order plans have not yet been clarified. An anonymous source indicated that some equipment originally planned for this year may be pushed to next year, and there is no data confirming whether the delivered equipment is operating at full capacity. The investment plans related to HBM4 for next year have not been specifically communicated to some partners, and this year's orders have largely been completed, but there are no clear signals of increased or decreased investment. Reports suggest that the direct correlation between the equipment investment schedule and product quality issues has not yet been confirmed.Liu Henggen, a researcher at Daxin Securities, believes that concerns about major customers' HBM4 quality issues leading to performance below expectations are excessive. There may have been some issues in the backend process, but they cannot be regarded as insurmountable risks, and it is not yet time to discuss bad compensation. There are also industry claims that, against the backdrop of rising prices for general memory, some HBM investments may shift towards general memory. SK Hynix plans to prioritize the introduction of DRAM production equipment into the first cleanroom of the Yongin cluster Y1 wafer fab, and the industry expects that the initial production line will adopt the sixth-generation 10-nanometer 1c process, with the new capacity being prioritized for general DRAM. Some opinions also suggest that changes in the schedule of certain backend equipment are insufficient to determine that HBM4 mass production is hindered, as SK Hynix has already supplied HBM4 16-layer samples to major customers.

first_img Binance launched an AI trading interface, with approximately 150,000 users participating in the testing

Cryptocurrency exchange Binance announced the official launch of the personalized trading interface Binance AI for global English users. This free tool is based on generative UI and can customize market information, portfolio tracking, and trading functions according to users' interests and trading experience levels, with more language versions being rolled out gradually. A Binance spokesperson revealed to The Block that since testing began on September 7, approximately 150,000 users have participated in the trial.The features of Binance AI include AI-generated portfolio performance summaries, analysis of popular volatile assets, voice alerts, and on-demand text or audio market briefings. The product was demonstrated in a live broadcast last week, alongside the upcoming Binance AI Pro. Binance's Vice President of Product, Jeff Li, stated that the market is becoming increasingly complex, but tools for understanding the market should be easier to use. This interface aims to make market information more accessible to users, whether they are novice traders or managing more complex positions.Binance Co-CEO Richard Teng described the product in an announcement on October 5 as part of the company's efforts to make financial information more accessible. He stated that finance has always been built for those who already understand it, blockchain allows everyone to enter the market, and AI empowers everyone with the knowledge to navigate the market. In April of this year, Teng discussed the company's super app strategy with The Block, which includes plans on how to utilize artificial intelligence.

Gate founder and CEO Dr. Han and Max Verstappen appeared at TOKEN2049, participating in a special handprint commemorative ceremony together

Four-time F1 World Champion and Red Bull Racing driver Max Verstappen participated in a roundtable discussion on the main stage of TOKEN2049 in Singapore. Following this, at the invitation of Gate, he joined platform founder and CEO Dr. Han and teammate Isack Hadjar for an exclusive handprint ceremony. Previously, Max Verstappen engaged with the guests on topics related to racing performance, on-the-spot adjustments, and competition. The subsequent handprint ceremony extended the stage interaction to the Gate on-site event, becoming a special memento left by the three during TOKEN2049. After the handprint ceremony, Max Verstappen and Isack Hadjar also went to the Gate Lounge to participate in a driver meet-and-greet, where they signed autographs, took photos, and interacted with guests.As the official sponsor of the F1 Red Bull Racing team, Gate continues to bring top-tier racing culture into the Web3 industry through various forms such as stage discussions, handprint commemorations, booth interactions, and driver meet-and-greets. This handprint ceremony also became a special segment in the series of interactions between Gate and the F1 Red Bull Racing team during TOKEN2049. Gate will leverage this collaboration to further expand the connection between digital assets and global sports as well as mainstream culture.

first_img Hyperliquid CEO: The Wall Street wealth creation model is unsustainable for most participants

The co-founder and CEO of the decentralized perpetual contract trading platform Hyperliquid, Jeff Yan, stated during a fireside chat at the Token2049 conference in Singapore that traditional wealth creation opportunities on Wall Street, such as company stocks, are essentially inaccessible to the investing public before they are listed on exchanges, causing retail investors to miss out on the most significant price increases prior to listing. He noted that certain assets are tradable by only a few people during most of their growth phases, and by the time the public can trade them, the growth has already been captured by a privileged few, making this wealth creation model unsustainable.Yan stated that Hyperliquid's main mission is to expand the accessibility of wealth creation opportunities and encourage more people to participate in the financial system, with income being merely a byproduct. He mentioned that Hyperliquid's success partly stems from its perpetual contracts having no expiration date, which reduces the number of decisions traders need to make and prevents liquidity fragmentation. According to data from DefiLlama, Hyperliquid generated $72 million in revenue over the past 30 days, ranking third among protocols in terms of revenue.Blockchain asset management company Pantera stated in July that perpetual contracts, due to their structural advantages, could become one of the dominant trading tools in the global financial sector, and Hyperliquid has demonstrated the potential of blockchain infrastructure to challenge traditional markets. Jeffrey Sprecher, CEO of the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, called on regulators to create a fair competitive environment for the launch of 24/7 on-chain perpetual contracts. In March of this year, the New York Stock Exchange partnered with the tokenization platform Securitize to advance blockchain-based stock trading infrastructure.

first_img The Solana Foundation launched Solana DvP, with JPMorgan participating in the design

According to Decrypt, the Solana Foundation announced the launch of the open-source custody program Solana DvP, providing standardized delivery versus payment (DvP) settlement APIs for financial institutions, released under the MIT license, with input from JPMorgan on the design of institutional settlement practices.The program aims to introduce settlement assurance into public chain infrastructure as a reusable standard, replacing the customized smart contracts previously relied upon by institutional trading.Solana DvP compresses the process that traditionally takes days to complete through clearinghouses, custodians, and custodians into a single atomic transaction, where assets and payments are settled simultaneously or not at all. The program supports SPL Tokens and Token-2022, covering extended features such as permanent delegation, pauseable tokens, and transfer hooks relied upon by regulated issuers, and has passed external security audits. The foundation stated plans to add privacy features in the future to keep settlement information confidential.Catherine Gu, head of digital asset products at the Solana Foundation, stated that atomic settlement eliminates the counterparty risk inherent in traditional finance, providing institutions with a single open standard to achieve finality in seconds rather than days.Rhodel D'souza, head of market digital assets at JPMorgan, said that the shared atomic delivery versus payment open standard is exactly the infrastructure needed by institutional market participants. This release builds on Solana's rising institutional appeal in the tokenized asset space, with BlackRock launching a tokenized money market fund in August, and Kraken offering tokenized U.S. stocks to overseas clients through its xStocks product on Solana.
app_icon
ChainCatcher Building the Web3 world with innovations.