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Industry leaders warn that AI agents could reduce billion-dollar cryptocurrency hacks to "spare change."

At the 2026 Wyoming Blockchain Conference, Global Settlement Network CEO Ryan Kirkley warned that AI agents could allow hackers to invade Wi-Fi networks, passwords, and wallets on an unprecedented scale, making current billion-dollar crypto attacks seem trivial. Kirkley stated, "We thought these bridge attacks were serious, but they are actually just pocket change." In the past, attacking someone with $20,000 in assets was too costly, but now an agent can attack everyone simultaneously.Bill Laboon, Vice President of Technical Operations at the Web3 Foundation, agreed, believing that the efficiency gains brought by decentralized systems also benefit attackers. Fahmi Syed, President of the Midnight Foundation, emphasized that agents need clear parameter settings and should not be granted unrestricted access to credit card, social security information, and various accounts. Kirkley believes that setting agent permissions is relatively easy to resolve, while the security protection of the underlying systems is a greater concern.Regarding trust issues, Laboon pointed out that large language models still occasionally produce hallucinations, which makes him reluctant to entrust personal retirement funds to agents. Richard Shorten, founder of Silvermine Capital Advisors, believes that the development speed of agent AI technology has exceeded people's capacity to accept it. Kirkley also mentioned the regulatory responsibility dilemma, where the attribution of responsibility and the mechanism for recovering funds remain unclear when autonomous agents make mistakes or even break the law.

hot_img Ant Group's three independent sectors have successively launched external financing, with the "AI leadership and financial support" strategy taking shape

Ant Group's three independent sectors, Ant International, OceanBase, and Ant Technology, have recently launched intensive external financing. Among them, Ant International completed approximately $1.2 billion in Series A financing in July, OceanBase is seeking about 2 to 3 billion yuan in Series A financing, and Ant Technology is preparing for Pre-IPO financing. All three companies will operate independently starting in March 2024. Sources close to Ant indicate that this round of financing is more of a phased test of the effectiveness of the three companies' independent operations, and they have not yet entered the preparation stage for an IPO.OceanBase's annual revenue has exceeded 1.4 billion yuan, with a year-on-year growth of about 70%; Ant Technology's revenue is expected to be around 5 billion yuan in 2025, with a target of about 8 billion yuan in 2026. Ant International's revenue is projected to be around $3.75 billion in 2025. Since 2023, Ant Group has invested nearly 80 billion yuan in technology, shifting its strategic focus from fintech to AI and data elements, with its financial business humorously referred to internally as the department that "earns living expenses" for the AI business.Currently, Ant's overall valuation is approximately 592 billion yuan, a reduction of more than 70% from 2.1 trillion yuan on the eve of its IPO in 2020. The market believes that a spin-off listing is a more realistic path than an overall listing for the group, but each sector still needs to prove its independent customer acquisition capabilities to open the doors to the capital market.

Gate event market launches leaderboard, esports section, and activities for the five major leagues, with a prize pool of 200,000 USDT opened

According to the official announcement, the Gate event market has recently launched a leaderboard incentive system and simultaneously launched an esports section and the "Five Major Leagues Opening Celebration" event, further expanding diverse interactive scenarios in sports and esports. The first phase of the points activity will officially start on August 17 at 18:00 (UTC+8). Users can participate after upgrading the Gate App to version v8.32 or above. The activity adopts the mechanism of "Earn Cards through Trading --- Scratch Cards for Rewards --- Climb the Leaderboard --- Weekly Settlement," where users can obtain scratch cards by completing valid event contract trades and have the chance to receive rewards such as USDT, event points, and experience vouchers; the top 100 users on the weekly leaderboard can also share the points prize pool based on their rankings.At the same time, the Gate esports section aggregates popular events such as Dota 2, League of Legends, CS2, and Valorant, providing match pairings, real-time scores, prediction probabilities, and trading information, and supports event subscriptions and match start reminders, helping users conveniently browse and participate in event interactions.In addition, from August 12 at 16:00 to August 31 at 16:00 (UTC+8), Gate is launching the "Five Major Leagues Kickoff Carnival" event, with a total prize pool of 200,000 USDT. Users participating in designated football event contracts can receive kickoff gifts, loss compensation, and leaderboard rewards, further enhancing the interactive experience of football events and event contracts.

Domestic storage chip leader Changxin Technology is open for subscription today, with the new share allotment rate soaring, possibly ushering in a "sunshine" market

The domestic DRAM storage chip leader Changxin Technology (688825) has officially opened for new stock subscription. Due to the large issuance scale, this new stock offering has rarely seen a "sunshine market" trend. Institutions predict that the online winning rate will soar to 0.3% to 0.7% (with a neutral expectation of about 0.45%), reaching 10 to 20 times that of ordinary Sci-Tech Innovation Board new stocks. Calculations show that the probability of winning for a single account with an average market value of 200,000 in the Shanghai market is as high as about 18%, and theoretically, an average market value of 1 million can reliably secure 1 winning ticket.The issuance price of the stock is 8.66 yuan per share, and to secure one winning ticket (500 shares), a payment of 4,330 yuan is required. The official winning rate and results will be disclosed on July 17 and July 20 (Monday) respectively, and winners must ensure sufficient funds in their accounts by 16:00 on the 20th. Various institutions have given a neutral expectation, as Changxin Technology's market value is expected to reach 2 trillion to 3 trillion yuan after listing, with the profit margin for a single winning ticket expected to be around 20,000 yuan.If Changxin Technology fully exercises the green shoe mechanism, the total fundraising amount will reach 66.607 billion yuan, setting a new record for the largest IPO on the Sci-Tech Innovation Board, and it will also become the third largest IPO in A-share history. Financial data shows that the company has fully turned a profit, with expected operating revenue in the first half of 2026 reaching 110 billion to 120 billion yuan, and net profit attributable to the parent company reaching 50 billion to 57 billion yuan. The total amount of this strategic placement exceeds 14.4 billion yuan, successfully attracting social security funds, pension funds, as well as 30 major industry terminal giants such as Alibaba Cloud, Tencent, Meituan, and Xiaomi.
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