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Sun Yuchen revealed his life strategy: integrating Buffett, Musk, and Trump, and self-proclaimed as the "Fourth Giant" of Penn

Recently, Sun Yuchen discussed his personal communication and life strategy role models in a conversation with Jin Ming, stating that he does not simply imitate one person, but is a "hybrid mix" of Elon Musk, Donald Trump, and Warren Buffett.Sun Yuchen mentioned an interesting coincidence that all three are alumni of his alma mater, the University of Pennsylvania. As he integrates the strategies of these three individuals, the outside world has begun to jokingly refer to the emergence of a "fourth giant," namely Sun Yuchen himself. In terms of specific strategy breakdown, he stated that his investment and risk control fully absorb the value investment philosophy that Buffett and Munger emphasize on fundamentals, bringing an old-school playbook into the crypto space, which instead creates a dimensional advantage.In terms of business growth and communication, Sun Yuchen pointed out that Musk compensates for Buffett's shortcomings in technology narratives and expectation-driven approaches, forming a dual drive of fundamentals and high-tech high growth. Regarding personal branding and communication, he mainly draws inspiration from Trump, even admitting that he initially learned spoken English by following Trump's show "The Apprentice."Sun Yuchen also shared an interesting anecdote, stating that there is actually a "mutual disdain law" among these three. For example, when he once suggested to Buffett during dinner that he acquire Tesla during its low point, Buffett declined, as he believed that if a company is too disruptive and full of "surprises," it does not align with his investment style.

first_img Doubao adds life payment services, allowing users to initiate payments for water, electricity, and gas

According to the WeChat public account "Du Jia," ByteDance's AI assistant Doubao has added a utility payment feature. Users can initiate payment instructions for water, electricity, gas, and other services through voice or text in the Doubao app, with other life service scenarios also in development. Sources close to Doubao told "Du Jia" that Doubao is gradually building capabilities for handling tasks in life scenarios, including travel services and utility payments."Du Jia" claims to have tested that after issuing commands for paying electricity and water bills in the dialogue box, corresponding service cards pop up and redirect to the utility payment page. The interface is divided into electricity, water, and gas fees, with some regions showing that services are not yet available, while some cities have fully or partially opened them. The relevant framework has been established, and city coverage and service provider integration are still in progress, with actual payments requiring further permission to be granted.Currently, the dialogue only serves to invoke services; steps such as binding account numbers, confirmation, and payment will still be retained, and users will not be charged directly with a single command. Alibaba's Tongyi Qianwen integrated utility payments earlier and can complete payments within the dialogue; Doubao at this stage redirects to handle tasks after invoking the card, and capabilities like food delivery have not yet been launched. The above content comes from "Du Jia" reports and tests, not an official announcement from Doubao.

Gate Europe CEO Dr. Giovanni Cunti: Embedded finance will drive the integration of digital assets into everyday financial life

According to Gate Europe CEO Dr. Giovanni Cunti's latest LinkedIn post, the next phase of digital asset adoption may no longer focus on guiding users to crypto platforms, but rather on integrating digital asset capabilities into the financial services that users are already using. Through embedded finance, scenarios such as payments, commerce, and fund transfers can directly connect to digital asset infrastructure, allowing users to access digital asset-related services without changing their existing financial service usage.Dr. Giovanni Cunti also pointed out that this trend is reshaping the competitive logic of the digital asset industry. Liquidity and product capabilities will still be important foundations, but whether payment channels, asset custody, risk management, and compliance systems can achieve synergy in different markets and regulatory environments will become increasingly critical. Europe has significant advantages in this development process, as MiCA is gradually establishing a more unified regulatory framework for digital assets, and the continuous evolution of payment infrastructure is creating new opportunities for compliant digital asset companies to collaborate deeply with the traditional financial system.For Gate Europe, the integration of digital assets and payment systems is becoming an important direction for business development. Relying on the compliance foundation established by the dual licensing system of MiCA and payment institutions (PI), Gate Europe will further promote the connection between digital assets and payment services, as well as a broader financial ecosystem. As digital assets gradually integrate into daily financial activities, they are expected to evolve from independent financial products into a core component of a new generation of financial infrastructure that is more open, interconnected, and programmable.

first_img Xu Jiayin was sentenced to life imprisonment, and Evergrande Group was fined 8.82 billion yuan

On the morning of August 20, 2026, the Intermediate People's Court of Shenzhen City, Guangdong Province publicly announced the first-instance verdict in the case of Evergrande Group Co., Ltd., Evergrande Real Estate Group Co., Ltd., and defendant Xu Jiayin. The court imposed multiple penalties on Evergrande Group, sentencing it to a fine of 8.82 billion yuan; it fined Evergrande Real Estate 7 billion yuan; and sentenced Xu Jiayin to life imprisonment for multiple crimes, depriving him of political rights for life, and confiscating all personal property; it also ordered the continued recovery of illegal gains, with any shortfall to be compensated.The court found that Xu Jiayin is the actual controller of Evergrande Group. Between 2016 and 2021, Evergrande Group, Evergrande Real Estate, and Xu Jiayin inflated assets and concealed liabilities through financial fraud and other means, committing crimes such as illegally absorbing public deposits, fundraising fraud, fraudulent issuance of securities, and illegally disclosing important information; they also obtained control of financial institutions through bribery, illegally siphoning off credit and insurance funds. Xu Jiayin further exploited his position to organize financial fraud, misappropriating company property under the guise of dividends. The court deemed these actions to severely disrupt the market economic order, with particularly huge amounts involved and particularly heinous circumstances, and imposed severe penalties according to the law.On the same day, the two levels of courts in Shenzhen also ruled on the cases of individuals involved in Evergrande related to illegally absorbing public deposits and fundraising fraud, sentencing 56 individuals including Zhen Litiao, Ke Peng, Xu Tenghe, and Xu Zhijian to prison terms ranging from eighteen years to one year and ten months, along with fines or confiscation of property.

GoPlus DeepScan has been fully upgraded, launching an AI intelligent contract security full lifecycle protection system

According to official news, GoPlus announced a comprehensive upgrade of DeepScan, launching an AI-based smart contract security solution. GoPlus stated that as hackers begin to leverage AI to dig deeper into contract vulnerabilities, the traditional "one-time audit, go live and it's done" security model is struggling to cope with the continuously evolving attack risks.DeepScan constructs a complete security closed loop around the entire lifecycle of smart contracts, consisting of AI contract auditing, continuous security monitoring, and Token security self-checks, providing ongoing security assurance for developers, project parties, and trading platforms. Among them, AI contract auditing can analyze contract source code, permission management, and business logic based on AI deep analysis, identifying security risks such as syntax vulnerabilities and business logic vulnerabilities, and outputting a structured audit report that includes security scores, key findings, problem details, and remediation suggestions. Continuous security monitoring targets contracts that are already live and have completed audits, tracking newly disclosed vulnerabilities, on-chain attack events, and changes in external dependencies such as oracles and cross-chain bridges in real-time, and using AI to determine whether the project is affected, conducting timely reviews and alerts. Token security self-checks are aimed at projects that are about to be launched or applying for listing, quickly detecting risks such as P2P pools/honeypots, malicious issuance permissions, blacklist mechanisms, abnormal transaction taxes, Owner permissions, and transaction restrictions.In addition, the GoPlus DeepScan team also released an open-source Benchmark dataset built on real smart contract attack events, used to assess AI's actual capabilities in vulnerability identification, attack path understanding, contextual reasoning, and audit stability. Currently, it has included nearly a hundred typical attack events since May 2025 and continues to be updated. GoPlus stated that DeepScan can be used for low-cost security scanning by developers, security reviews before project launches, and continuous monitoring during operations, while also serving as a supplement to security assessments before listing on trading platforms, helping all parties to more promptly identify new vulnerabilities and attack risks.
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