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Gate founder and CEO Dr. Han: Gate Money makes buying coffee with stocks a reality, aiming to double the user base within one to two years

According to the latest episode of the Gatecast podcast, Gate founder and CEO Dr. Han shared the product philosophy and future plans of Gate Money. He stated that Gate is extending years of accumulated experience into the fields of asset management and daily payments, reaching a broader user base, with the goal of doubling the user scale of Gate Money in the next one to two years.Leveraging the technical systems, institutional clients, and market-making liquidity accumulated from years of trading operations, Gate supports the exchange between various types of assets; relying on a global licensing layout and partnerships with banks and payment networks, Gate Money creates conditions for users' fund collection, payment, and consumption applications. These capabilities collectively form the operational foundation of Gate Money, enabling the platform to reduce exchange and fund circulation costs in different usage scenarios.Through various capabilities such as holding, exchanging, appreciating, and paying, Gate Money connects multiple types of assets with life needs. Dr. Han illustrated the consumption use of assets beyond investment by using the example of "buying coffee with stocks." In eligible regions, users can open bank accounts in their own names, using familiar payment methods, with transfers processed by underlying blockchain technology; idle funds can also participate in appreciation through yield products.Looking ahead, Dr. Han also shared the application prospects of AI Agent providing round-the-clock assistance in asset allocation and fund management. With the integration of investment, wealth management, and daily payments, Gate Money will continue to expand the application boundaries of various assets, promoting Gate's services deeper into more everyday life scenarios.

first_img Reports from Google and others: Southeast Asia's generative AI users reach 243 million

Cailian Press reported on October 22 that a joint report released by Google, Temasek, and Bain & Company shows that the number of generative AI users in Southeast Asia reached approximately 243 million in less than three years, accounting for 58% of the local labor force, with a penetration rate about four times that of mobile internet. Only 1% to 2% of the local population pays for personal AI services.Florian Hoppe, a partner at Bain & Company, stated in an interview that businesses can achieve AI commercialization through e-commerce, digital advertising, and other operations without having to rely entirely on consumers paying directly. They can also use AI to improve e-commerce conversion rates and handle routine customer inquiries. The report noted that about 80% of customer inquiries on the e-commerce platform Shopee are handled by AI chatbots, with the cost per customer contact decreasing by 30% year-on-year. In early cases, companies that applied AI saw a year-on-year increase in conversion rates of 10%, with the average spending per order increasing by as much as 75%.The report also stated that the total value of goods traded in Southeast Asia's digital economy is expected to grow by 17% year-on-year to $368 billion by 2026, and is projected to exceed $1 trillion by 2035. Among these, the online travel market is expected to grow by 10% to $59 billion, online media revenue is expected to grow by 22% to $44 billion, and the ride-hailing and food delivery market is expected to grow by 15% to $40 billion. The total value of goods traded in Southeast Asia's e-commerce market is projected to be $226 billion in 2026, an 18% year-on-year increase.

first_img Open-source AI programming tool OpenCode was hacked, affecting approximately 1.4% of users

According to NetEase's report on "DeepTech," the open-source AI programming tool OpenCode has officially confirmed it was breached, affecting approximately 1.4% of OpenCode Console users, with some API keys for models stored on the platform potentially leaked. Multiple developers reported unusual charges on accounts used to call models from OpenAI, Anthropic, and others, with some claiming losses of hundreds of dollars and others stating amounts exceeding $1,700. The officials stated that the incident is related to a large-scale distillation attack and are currently working with OpenAI, Anthropic, and Google to address the issue.OpenCode was developed by members of the Anomaly team, with one of the main creators being Dax Raad. The team has previously worked on projects like SST and OpenNext. In addition to local programs, its cloud service Console can centralize API keys from providers like OpenAI, Anthropic, and Google in a workspace and call them on behalf of users; the incident occurred on this cloud service. A notification email stated that the attacker gained unauthorized access to a set of decommissioned old systems, and some third-party model API keys in the Console workspaces may have been exposed. Developer Colin Parsons reported unusual charges of about $281 on his OpenAI account and about $168 on his Anthropic account, while Preston Zeller reported losses of around $1,700. Other users reported unusual charges of about $400 on Anthropic and account restrictions triggered by unusual usage on Google services.OpenCode has notified affected users to revoke and replace their keys and check recent call records. Lydia Hallie, a member of the Anthropic Claude Code team, stated that Anthropic has collaborated with OpenCode and revoked the Claude API keys believed to be affected. Tibo, a member of the OpenAI team, stated that they are working with OpenCode to help affected API users restore access and refund the amounts that were unusually consumed during the attack. Dax Raad clarified that the affected service is OpenCode Console, not the locally running OpenCode, and that keys configured directly in the local tool will not be sent to OpenCode servers. On October 18, he stated on social media that the attacker had been continuously attempting to breach the system for the past 48 hours, and the team is strengthening defenses.
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