🚨Breaking Crisis! A major vulnerability has been discovered in The Sandbox cross-chain bridge!! On August 22, The Sandbox’s official account urgently announced that a security vulnerability has surfaced in the SAND cross-chain bridge on the Base and BSC networks. The project team has now taken emergency control of the situation!
Hackers exploit the vulnerability to mint unbacked SAND tokens out of thin air! Although the affected tokens account for less than 0.01% of the total supply, the risk must never be taken lightly❗ SAND on the Ethereum and Polygon networks remains unharmed. Users’ personal wallets have not been breached, so ordinary holders do not need to take action for now.
To stop the risk from spreading, the official team has directly shut down all SAND cross-chain channels on Base and BSC. All SAND on the two chains has been isolated and locked, completely prohibiting transfers and swaps.
⚠️Major Warning: Do not touch any SAND on Base or BSC! Buying and selling transactions carry extremely high risk—this liquidity has already been damaged!
The team has completed an on-chain snapshot and is urgently working on a compensation plan for LP liquidity providers. A deeper investigation into the vulnerability is still ongoing, and a full incident recap report will be released later.
Anthropic’s In-House Chip Bet: Poaches Google’s TPU Business Founder—A “Decouple from Nvidia” Gamble on the Eve of a $200B IPO
Anthropic is shifting its strategic focus from “battling for compute power” to “building compute capacity.” The company has hired Amir Salek, the founder of Google’s custom chip business, to assemble an in-house chip team, while also collaborating with multiple partners including Fractile, Google, Broadcom, and Samsung to target approximately 3.5GW of TPU capacity by 2027. This “in-house R&D + diversified procurement” dual-track strategy is designed to break away from reliance on Nvidia and reduce inference costs. During the critical window to launch an IPO at a $200 billion valuation, Anthropic is shifting its strategic focus from “battling for compute power” to “building compute capacity,” seeking to directly take control of the foundational infrastructure that supports its explosive growth.
BTC breaks through $77,000! Weekly rise exceeds 20%, setting a record 🚀 Institutional funds are flooding in—net inflows into ETFs in a single day exceed $500 million! Coupled with the tailwinds from regulatory bills and the U.S. Treasury Secretary’s actions, the bulls surged strongly, while shorts were met with brutal liquidations. Market liquidity has been fully activated, and high-quality Web3 sectors are entering a golden opportunity for strategic positioning. $ In this bull-market rebound, how many ten-thousands do you think BTC can stand above?
💥When the market is at a low point, endure your mindset; when life is at a low point, endure your cognition. Every hard day you go through is to build confidence for the next upward cycle. Losses train your risk control; setbacks train your character.