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first_img Spirit AI Co-Founder: The breakthrough for robotic brains is expected as early as next year

According to a report by Reuters, Gao Yang, co-founder and chief scientist of the Chinese humanoid robot startup Spirit AI, stated that humanoid robots could complete most general tasks based on verbal instructions as early as next year, but it will take at least 8 more years to enter households. He mentioned that the brain is the weakest link in the entire robotics technology stack, and it is expected to reach a milestone similar to GPT-3.0 by mid-2027, allowing users to speak to robots in natural language and have them perform a series of reasonable physical actions to attempt to complete tasks.Spirit AI was founded in 2024, has about 300 employees, and raised $670 million in funding within two years, with a valuation of $2.9 billion. The company employs about 1,000 contractors who wear data collection devices at home or in factories, primarily relying on real-world data for training. The success rate for simple tasks in a structured living room environment is 90%. Currently, dozens of Moz1 wheeled humanoid robots are deployed on production lines at CATL and JD.com.Gao Yang stated that the next 1-2 years represent the initial window for industrial applications, and after two years, they can enter commercial service scenarios to perform simple tasks, but entering households will be more challenging. In terms of safety, full-body force control is implemented, and the robots will automatically engage emergency braking when encountering significant interaction forces. High-quality data is the main bottleneck for training the robot's brain.

first_img The EU Cyber Resilience Act comes into effect, requiring cryptocurrency wallet providers to report vulnerabilities within 24 hours

According to Cointelegraph, the European Union's Cyber Resilience Act (CRA) officially came into effect on September 11, requiring cryptocurrency hardware and software wallet providers to submit early warning reports within 24 hours upon discovering actively exploited vulnerabilities or serious security flaws, and to submit complete notifications within 72 hours. Manufacturers must also submit final reports within 14 days after taking corrective or mitigating measures, while serious incidents must be reported within one month.The European Commission stated that the new reporting requirements aim to better protect consumers and businesses from cyber threats, applicable to all "products with digital elements" sold in the EU market, and are built upon the EU's broader cybersecurity strategy. According to the penalty provisions of the final draft, companies that fail to comply with Articles 13 and 14 may face administrative fines of up to €15 million (approximately $17.3 million) or 2.5% of their global annual turnover, whichever is higher; providing incorrect, incomplete, or misleading information may also incur fines of up to €5 million.Before the implementation of this measure, several hardware wallet manufacturers recently disclosed incidents of user data breaches. On September 4, Trezor revealed that a data breach involving its logistics provider ShipMonk affected approximately 67,000 U.S. customers, exceeding the initial estimate of 14,000; this week, Trezor and BitBox also warned users to be cautious of phishing emails disguised as urgent security notifications. In June, the Layer-1 blockchain network Zilliqa warned of vulnerabilities in its Ledger application, where attackers could exploit publicly available on-chain data to recover user private keys.

first_img Albuquerque has banned Bitcoin ATMs, requiring operators to remove them within 45 days

The city council of Albuquerque, New Mexico, passed an ordinance on Wednesday prohibiting the operation of cryptocurrency ATMs (cryptocurrency vending machines) within the city limits, while also banning cashier-assisted virtual currency transactions. The city government will notify known operators and retailers hosting the machines, requiring them to remove the relevant equipment within 45 days.The ordinance was jointly initiated by District 1 Councilor Stephanie Telles and District 7 Councilor Tammy Fiebelkorn. Telles stated that 90% of cryptocurrency ATM transactions in Albuquerque are related to fraud, claiming that these machines are primarily exploited by scammers, organized crime, and human traffickers due to the instant, anonymous, and irreversible nature of transactions. Fiebelkorn remarked that we cannot wait for federal regulators to resolve the crisis. The city council emphasized that residents can still freely hold, mine, and transfer cryptocurrencies through online exchanges and personal wallets.In terms of background, Indiana banned such machines statewide in March, Tennessee in July, and Minnesota in August; Delaware has advanced related legislation, New Jersey is considering it, and Texas is also brewing a ban. One of North America's largest operators, Bitcoin Depot, filed for bankruptcy protection in May and removed about 9,700 machines. According to data from the FBI, nearly 11,000 complaints of vending machine fraud were received in 2024, involving amounts exceeding $246 million.

first_img Thailand implements cryptocurrency travel regulations requiring verification of ownership of self-custody wallets

The Securities and Exchange Commission of Thailand (SEC) has officially approved the travel rule for crypto assets, requiring digital asset operators to verify the ownership or control of wallets when customers send or receive crypto assets to self-custody wallets, and to retain transaction-related information for at least five years for regulatory review. Pornanong Budsaratragoon, Secretary-General of the Thai SEC, stated that the rule aims to reduce the risk of digital asset operators being used for money laundering and terrorist financing.The new regulations were finalized after two rounds of public consultations this year, with the first round presenting a draft in March and a notification draft released in June. The Thai SEC stated that most stakeholders expressed support. As the travel rule is implemented, Thailand is considering expanding the access to regulated crypto products. On Monday, the Thai SEC proposed allowing intermediaries to offer specific crypto derivatives traded on regulated overseas exchanges to retail investors.In the days prior, regulators also advanced the draft rules for spot Bitcoin and Ethereum exchange-traded funds (ETFs) and simultaneously sought opinions on the foreign digital asset custodians used by funds investing in crypto assets. Thailand's move aligns with global regulatory trends, as the Financial Action Task Force (FATF) estimates that by 2026, 83% of surveyed jurisdictions will have enacted travel rule legislation.
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