ChainCatcher message, Binance founder Zhao Changpeng stated that he usually does not criticize other industry participants, but the incident report released by Safe uses vague language to obscure the issues. After reading it, there are more questions than answers, and the questions that come to mind include:--- What does "compromising the Safe {Wallet} developer machine" mean? How did they compromise this specific machine? Was it social engineering, a virus, etc.?--- How did the developer machine access "accounts operated by Bybit"? Did some code get deployed directly from this developer machine to prod?--- How did they deceive the Ledger verification steps among multiple signers? Was it a blind sign? Or did the signers fail to verify correctly?--- Is $1.4 billion the largest address managed using Safe? Why didn't they target others?--- What can other "self-custody, multi-signature" wallet providers and users learn from this?

ChainCatcher news, the founder of Slow Mist, Cosine, stated on social media that from a security perspective, the suggestion to urgently stop the wallet system in the case of unknown reasons is correct. Bybit's response to the theft was very quick, and identifying the problem was also swift. Slow Mist and some security teams immediately intervened for communication, quickly determining the issue and speculating on the hacker's profile. Bybit was well-prepared and had no issues in promptly reopening withdrawals.Cosine explained that he believes there is no problem with Zhao Changpeng's previous suggestion and Bybit's final resolution. Currently, many industry insiders are infighting over this controversy, forgetting that the common enemy should be North Korean hackers.Previous news, Zhao Changpeng suggested that Bybit temporarily stop all withdrawals, stating that he would provide any assistance if needed.

ChainCatcher news, Binance co-founder He Yi stated in a community Space that the listing of coins on Binance will consider multiple factors. Taking the previously popular AI16Z as an example, by the time this coin was under consideration, its market capitalization was already large. Internally, there are concerns about whether it would be a "top at launch," leading to differing opinions within Binance regarding the listing.In addition, some meme coins are issued by token issuing groups, and Binance will also be cautious about listing such projects.

ChainCatcher news, encrypted KOL artchick.eth (@digitalartchick) posted on X that every 30 days, Solana inflates by about 1 billion dollars, which is why the price of SOL performs mediocrely, but its market cap continues to hit all-time highs.In contrast, Ethereum inflated 160 million dollars in the past 30 days, while Bitcoin inflated 215 million dollars in the same period.In response, Solana validator node operator Laine refuted: "This claim is incorrect; Solana's 30-day inflation is about 250 million dollars, not 1 billion dollars, which is a 4-fold difference. Moreover, this is before the burn, and over time, this number will decrease."

ChainCatcher message, Solana validator node Laine stated that Solana engineers are building a version that includes fixes, and further instructions will be released to validators once the build and testing are complete.Previously, Solana Status indicated that Solana network engineers are investigating the issues with the mainnet-beta.

ChainCatcher news, according to a report by Reuters, Meta Platforms' Instagram, Alphabet's YouTube, as well as TikTok and Twitter may face regulatory action due to cryptocurrency advertising. The European Consumer Organization BEUC has complained that the proliferation of misleading advertisements for crypto assets on social media platforms constitutes an unfair commercial practice, as it exposes consumers to serious harm, such as losing large amounts of money. These social networks are taking measures to prevent influencers from misleading consumers and will inform the European Commission about the effectiveness of these measures.Previous news, the UK's Financial Conduct Authority (FCA) plans to classify cryptocurrencies as high-risk investments. Advertisers of cryptocurrency services will face stricter regulations starting October 8, and crypto companies must introduce a "cooling-off period" for first-time investors after October 8, as well as eliminate "refer-a-friend" reward programs to ensure that cryptocurrency investors are fully aware of the risks. (Source link)

ChainCatcher news, Binance founder Changpeng Zhao explained the reasons for supporting Elon Musk's acquisition of Twitter, which can be summarized in the following six points:First, to support freedom of speech, stating that Twitter is the global Townsquare; regardless of background, Twitter gives us the opportunity to voice our opinions. "Freedom of speech is a prerequisite for financial freedom, and we are striving for financial freedom."Second, to support powerful entrepreneurs like Elon Musk. Under his leadership, Twitter will continue to grow and become a platform that influences everyone.Third, to believe that Twitter has enormous untapped value. Twitter does not yet have a suitable business model, and Elon Musk along with cryptocurrency technology can innovate business models without selling user data.Fourth, against this backdrop of potential, Binance can help Twitter with Web3 integration. "Everyone needs liquidity. We are the largest liquidity provider."Fifth, Changpeng Zhao frequently uses Twitter. "As the saying goes, invest in the products you use (not financial advice)."Sixth, updating Twitter's products has always been Zhao's wish, including eliminating bots, adding an edit button, charging for blue checks, and charging for comments on posts.Finally, Zhao stated that he does not have a clear roadmap. "Don't ask me about plans. Binance has never had a plan. Entrepreneurs don't have plans; we just execute and adjust." (source link)