BTC $81,472.85 -2.37%
ETH $2,414.27 -3.80%
BNB $727.32 -2.05%
XRP $1.33 -2.93%
SOL $104.18 -2.46%
TRX $0.3318 +1.36%
DOGE $0.0816 -3.40%
ADA $0.2286 -3.35%
BCH $267.43 -2.57%
LINK $12.36 -4.34%
HYPE $80.59 -1.51%
AAVE $153.13 -4.56%
SUI $1.02 -2.46%
XLM $0.1833 -4.03%
ZEC $1,135.23 -7.15%
AAPL $344.92 +1.02%
AMZN $252.00 -2.68%
GOOGL $346.72 -2.22%
MSFT $532.82 -1.92%
META $732.77 -4.16%
NVDA $219.10 -4.53%
TSLA $365.55 -2.65%
SNDK $1,369.46 -8.17%
INTC $96.79 -7.04%
SPCX $151.06 -3.94%
MU $896.72 -6.59%
AMD $563.65 -7.74%
BTC $81,472.85 -2.37%
ETH $2,414.27 -3.80%
BNB $727.32 -2.05%
XRP $1.33 -2.93%
SOL $104.18 -2.46%
TRX $0.3318 +1.36%
DOGE $0.0816 -3.40%
ADA $0.2286 -3.35%
BCH $267.43 -2.57%
LINK $12.36 -4.34%
HYPE $80.59 -1.51%
AAVE $153.13 -4.56%
SUI $1.02 -2.46%
XLM $0.1833 -4.03%
ZEC $1,135.23 -7.15%
AAPL $344.92 +1.02%
AMZN $252.00 -2.68%
GOOGL $346.72 -2.22%
MSFT $532.82 -1.92%
META $732.77 -4.16%
NVDA $219.10 -4.53%
TSLA $365.55 -2.65%
SNDK $1,369.46 -8.17%
INTC $96.79 -7.04%
SPCX $151.06 -3.94%
MU $896.72 -6.59%
AMD $563.65 -7.74%

fire

All
Article
Flash

Firelight will roll back the blacklist process and unfreeze the affected wallets, involving 87 addresses and 117,500 FXRP

The on-chain guarantee protocol Firelight stated that some deposit addresses failed the fund screening, and the related funds have been unstaked and returned to the original addresses, involving 87 addresses and a total of 117,500 FXRP. Firelight mentioned that the current mechanism screens blacklisted addresses or addresses sanctioned by OFAC during fund deployment and throughout the entire cycle. If an address is flagged during deployment or within the cycle, the funds will remain in the protocol until the cycle ends and will not generate rewards, but can still participate in the guarantee module for the remaining time of that cycle.After the cycle ends, the funds will be returned, and the related wallets will be prohibited from accessing again. Firelight stated that this practice is unsustainable and will roll back the blacklist process in the coming days and unfreeze the affected wallets; the time and steps for retrieving funds will be announced separately. Security, KYC, and institutional standards remain unchanged, and Firelight will develop a new plan that does not affect users in the coming weeks and will seek community input before any changes. Flare co-founder Hugo Philion stated that due to compliance policies, 84 Flare addresses have been unstaked by Firelight, and he personally will issue equivalent subsidies to those addresses that are not sanctioned and not widely blacklisted.

first_img Tomek Korbak: OpenAI fired me due to the way I communicated with METR

Former OpenAI employee Tomek Korbak posted on X that last week he was called in to meet with OpenAI's head of security, who stated that they no longer trusted him. Subsequently, security personnel took away his ID badge and escorted him out of the building. He also learned that colleagues balesni and j_asminewang were also fired. Korbak stated that the verbally communicated reason for his dismissal was his communication style with the external evaluation agency METR, but no specific comments, actions, or timing were provided, nor was there any written record.Korbak indicated that communicating with METR was part of his job, as he was the main technical contact for OpenAI with METR. He also mentioned that this summer, OpenAI's agents broke their limitations and infiltrated the artificial intelligence company Hugging Face, after which METR investigated and disclosed the scale of the incident. For months, he had raised security concerns, believing that the team was losing the ability to monitor the thought processes of artificial intelligence agents.Korbak claimed that monitoring agent thought processes is one of the important means of discovering their misconduct and believes this is the real reason for his dismissal. He is concerned that OpenAI will use this dismissal as a reason to reduce cooperation with METR. Balesni and j_asminewang have written to OpenAI management to raise their concerns again and publicly shared the relevant letters in the post.

first_img Kakao Pay, KakaoBank, and Fireblocks collaborate to explore stablecoin business

Korean fintech company Kakao Pay and internet bank KakaoBank have signed a memorandum of understanding (MoU) with cryptocurrency infrastructure provider Fireblocks to jointly explore digital asset opportunities, including stablecoins. According to the agreement, both parties will conduct proof-of-concept testing for digital asset infrastructure that meets South Korean regulatory, security, and service requirements, aiming to build a secure on-chain infrastructure for the country's emerging digital asset market. The announcement did not disclose specific timelines for launch, investment, or implementation.Kakao Pay primarily focuses on mobile payments and financial services, while KakaoBank is one of the largest internet banks in South Korea, both belonging to the Kakao ecosystem. Fireblocks stated that it provides digital asset infrastructure for over 2,500 institutions, including more than 100 banks. This collaboration follows another partnership between Kakao Group and stablecoin issuer Circle, where the two signed an MoU in July this year to explore blockchain-based payment infrastructure and digital asset technology, and to study opportunities surrounding the Korean won stablecoin and related services.As South Korea gradually improves its digital asset regulatory framework, Kakao Pay and KakaoBank are among many Korean financial and tech companies exploring stablecoin opportunities. In May this year, KB Financial Group completed a pilot for a Korean won stablecoin covering issuance, offline merchant payments, and cross-border remittances; in July, fintech company Toss collaborated with Optimism and Sunnyside Labs to conduct a proof of concept for Korean won-based stablecoin payment infrastructure.

New Fire Group's asset management scale exceeds 2 billion Hong Kong dollars, Amber's Q2 revenue increased by 38.8% quarter-on-quarter

According to BBX data, global listed companies and leading financial institutions have disclosed the latest developments in digital asset management scale, quarterly earnings performance, and crypto clearing infrastructure in recent days. The core information is as follows:New Fire Group (01611.HK) asset management and trading volume hit a record high, AUM surpassed 2 billion HKD: Hong Kong-listed company New Fire Group disclosed its operating data for August. The group's private banking-level digital asset custodian Bitfire Premium successfully surpassed 200 million USD in asset management scale (AUM), a month-on-month increase of about 30%. The total asset management scale of New Fire Group's global market (including the Japanese site BitTrade) has officially surpassed 2 billion HKD. In addition, the platform's trading volume has exceeded 100 million USD for the second consecutive month, and the over-the-counter (OTC) business continues to expand, currently ranking among the major OTC digital asset trading platforms in Hong Kong.Amber (NASDAQ: AMBR) Q2 revenue 13.9 million USD, turning a profit: Nasdaq-listed company Amber announced its unaudited financial performance for the second quarter of 2026. The company's total revenue for Q2 reached 13.9 million USD, a significant month-on-month increase of 38.8%, with gross margin significantly improved to 79.5%. As a result, its operating income and adjusted EBITDA both turned positive, completely reversing the loss situation of the previous quarter.Digital bank SoFi partners with Kraken to enable 24/7 USD settlement and liquidity: Digital bank SoFi has reached a strategic cooperation with the well-known crypto exchange Kraken. Kraken's parent company Payward will officially join SoFi's USD settlement network "SEN," allowing its institutional clients to break the limitations of traditional bank operating hours, transferring USD and managing liquidity around the clock; at the same time, Kraken will launch the stablecoin SoFi USD issued by SoFi, while SoFi will introduce Kraken Prime as an additional underlying liquidity source for its clients' cryptocurrency trading.Bank-led digital currency network Cari completes 32.5 million USD financing: The digital currency network Cari, designed specifically for the banking industry, announced the completion of a 32.5 million USD first round of external financing. This round of funding comes entirely from traditional banking institutions, including First Horizon Bank, Huntington Bank, Key Bank, M&T Bank, Old National Bank, SouthState Bank, and Glacier Bank. Cari aims to help regional, mid-sized, and community banks fully participate in and establish compliant digital currency infrastructure.
app_icon
ChainCatcher Building the Web3 world with innovations.