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first_img He Yi: After ensuring environmental safety, users can withdraw funds and resume operations

Binance Co-CEO and co-founder He Yi posted on X, stating that the current top priority is to ensure the safety of the environment, after which users can withdraw funds, and Binance can resume operations. She mentioned that every action has motives and pointed out that some exchanges, P2P platforms, and commercial banks have opaque ledgers, disappearing with funds after shutting down their websites, with companies going into liquidation or bankruptcy, providing any excuse, leaving no way to know how much actual funds are in the accounts and where the funds have gone.He Yi also stated that such closures often come without any warning, with the relevant parties disappearing directly, no real operations taking place, and no one coming forward to explain what happened, making it impossible to open withdrawals. She thanked users for their support at the end of her message. Binance had previously suspended withdrawals due to a security incident, and the official announcement on November 1 stated that withdrawals would be gradually restored starting from 06:00 (UTC) that day, and by 12:36 (UTC), withdrawals for the first batch of 15 networks and corresponding assets had been restored.Binance stated that from 06:00 to 15:30 (UTC) that day, the platform processed $4.649 billion in withdrawals and $1.01 billion in deposits, with a net outflow of approximately $3.64 billion, accounting for about 2.1% of the $171 billion asset management scale indicated by the reserve proof as of October 28. The official also noted that the withdrawal volume had peaked initially but has since declined and stabilized, while the deposit volume remains substantial, and the other networks and assets are still undergoing continuous testing, with further details to be announced in subsequent phases.

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.

Anthropic CEO published a lengthy response to safety concerns, stating that it is necessary to stay at the forefront of technology

Anthropic recently submitted a draft AI safety bill to U.S. lawmakers, which has been questioned by U.S. AI safety advocates. The draft sets a high threshold for the government to urgently halt dangerous models, requiring that risks involve scenarios such as biological weapons, cyberattacks, or AI going out of control, and potentially causing more than 50 deaths or serious injuries, or losses exceeding $1 billion; some provisions may also limit state government regulatory authority.Nathan Calvin, the strategic head of the AI safety organization Encode, subsequently compiled Anthropic's decisions over the past year. In February of this year, the company modified its previously strict safety policy: it had previously committed to pausing training or releases if safety measures did not keep pace with model capabilities, but the new policy no longer requires the company to independently halt R&D at higher risk stages, citing that competitors might take advantage of the opportunity. During the same period, the company invested heavily in computing power, formed a chip team, and allowed Claude to take on more AI R&D tasks.On October 21, Anthropic CEO Dario Amodei posted a lengthy rebuttal on X. He acknowledged that the company had made some mistakes but insisted that competing for cutting-edge AI capabilities did not violate its safety mission, stating that the company adheres to a race-to-the-top approach, believing that only by staying at the forefront of technology can it drive the industry to raise safety standards. He listed nine safety decisions that had cost the company commercially, including restricting the Mythos-level model's open access for months and strictly limiting biology-related requests. The safety roadmap updated by the company on October 19 states that existing policies mainly target the deployment of dangerous models, and in the future, it may be necessary to directly limit the speed of R&D, with plans to propose relevant policy options by January 15, 2027, or explain why none were proposed.
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