Zhang Rongxuan has been sentenced to six years and 10 months in prison for stealing approximately 1.7 million USDT from a friend's cold wallet. According to NS3.AI, Zhang acquired the victim's apartment access card during a social gathering and used it to enter the unoccupied home, where he photographed the wallet's seed phrase. Zhang later admitted to charges of computer misuse and money laundering. The court noted that adequate restitution had not been made.

There are so many more worthwhile areas to invest in within the AI ​​industry; there's no need to bet on a track without a competitive advantage.

The Philippine Central Bank has issued a warning to the public and cryptocurrency users about the risks of engaging with unauthorized virtual asset service providers (VASPs). According to ChainCatcher, the bank highlighted potential dangers such as fraud, security vulnerabilities, and operational failures that could lead to financial losses. The central bank emphasized that unauthorized VASPs pose additional risks, including lack of legal recourse, absence of consumer assistance mechanisms, poor service quality, false advertising, improper handling of private keys, cybersecurity incidents, and data privacy issues. Furthermore, government enforcement actions against illegal operations may restrict access to these platforms. In response, the Philippine Central Bank has pledged to collaborate with the Securities and Exchange Commission, the National Telecommunications Commission, and other agencies to limit access to unauthorized VASP platforms for Filipino users. The bank also urged consumers to protect their personal information, maintain cybersecurity hygiene, and transact only with licensed institutions.

North Korean hacker group Lazarus has adopted new methods in their malicious activities targeting developers, according to ChainCatcher. Research by OpenSourceMalware reveals that the group is hiding second-stage loaders in Git Hooks' pre-commit scripts during operations like 'Infectious Interview' and 'TaskJacker.' These attacks involve impersonating recruitment processes in the cryptocurrency and DeFi sectors to trick developers into cloning malicious code repositories, ultimately stealing crypto assets and credentials. Researchers advise developers who are asked to clone code repositories as part of an interview process to be cautious of such risks. It is recommended to run these processes in isolated environments to avoid exposing personal browser configurations, SSH keys, and crypto wallets.

Ethereum's dominance in the decentralized finance (DeFi) sector has seen a reduction, with its share of the total value locked (TVL) dropping to approximately 54% by May 7. According to NS3.AI, Ethereum continues to lead the market, maintaining a TVL of around $45.4 billion. Data from DeFiLlama supports these figures, highlighting the shifting dynamics within the DeFi landscape.

A prominent investor on the X platform has announced plans to compensate users who incurred losses from SAT1 token transactions. According to Odaily, the investor clarified that they only participated in purchasing SAT1 tokens and did not engage in selling activities, currently maintaining a break-even position. The investor intends to sell all SAT1 tokens, distributing the proceeds of 35 ETH to users who experienced losses. The snapshot for compensation will be taken between block numbers 25047577 and 25055551. Compensation will be allocated based on a formula considering the amount and percentage of loss, excluding users with losses under 30%. The investor also stated that they will retire from the platform after completing the compensation process.

Measuring Bitcoin solely in US dollar terms obscures the broader picture. Bitcoin is vying for a share of the rapidly expanding global wealth pool.

Intel, Artificial Intelligence, Apple, Chips, Elon Musk, Stock Price Triples in One Year; Chen Liwu "Resets" Intel to Create "American Chips" for Apple; Golden Finance, Capital Magic.

Cambricon is a very special stock among chip companies. What does it do? Where is it going?

The core challenge in the AI ​​era lies in ensuring that the benefits of technology are widely shared, rather than concentrated in the hands of a few innovators.

OPC is a microcosm of organizational transformation in the AI ​​era. It is neither purely legal innovation nor a complete technological disruption, but rather a redefinition of the "smallest entrepreneurial unit" driven by the combined forces of technology, economy, and society.

The root of the feud between Musk and OpenAI has never been money, but a clash of beliefs about "who defines the future".

This report conveys a highly complex message: while it offers the pleasant surprise of "better-than-expected growth," it also harbors numerous concerns and underscores the Federal Reserve's decision to remain on hold...

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse Morning 8," issue 3051, providing you with the latest and fastest news on the digital currency and blockchain industry.

From Shanghai residential buildings to global dominance, a decade of turbulent history for Chinese cryptocurrency exchanges: from its wild beginnings to the battle of three giants, the September 4th regulations, and its reshaping through overseas expansion—a chronicle of the rise and fall of the industry.