security issues

Solv co-founders respond to public attacks: The accusations regarding Solv's asset security issues are incorrect and self-contradictory

ChainCatcher news, BTCFi project Solv Protocol co-founder Ryan Chow stated, "After experiencing a whole day of baseless public opinion attacks regarding '1,800 RUG' and 'private agreements' yesterday, today Solv has faced even more absurd accusations. These accusations invariably target the core asset security issues, but their basis is erroneous and contradictory, attempting to mislead the public through confusion. In response, we have decided to address these claims head-on and shatter these false statements with facts."Regarding the accusation from Nubit co-founder Hans about the misappropriation of the underlying BTC of SolvBTC.BBN, Chow pointed out that the mempool transactions cited by the other party are actually routine operations of SolvBTC.CORE. According to the project mechanism, SolvBTC.CORE needs to re-stake BTC to a new script address every half month, with the last staking occurring on December 19, and the extraction and re-staking taking place on January 2, which is also the reason for updating the address to DeFiLlama.Additionally, in response to the doubts about the decline in TVL of SolvBTC.BBN during Babylon Cap3, Chow stated that this is due to the project initiating a normal redemption mechanism, which precisely reflects the product's liquidity and flexibility. At the same time, he also refuted market speculation regarding the "BTC three flowers," which suggests that the same BTC is counted three times in the TVL.Chow emphasized that as a project that has been deeply engaged for four years, Solv is facing such a meticulously planned attack during the sensitive period leading up to the TGE (Token Generation Event), and has provided ample on-chain evidence and technical documentation to support its position, inviting the market and users to make their own judgments.

More insider information revealed about OpenAI disbanding its safety team, involving resource allocation and security issues

ChainCatcher news, Eastern Time on May 14 (last Tuesday), OpenAI's Chief Scientist Ilya Sutskever officially announced his departure. On the same day, Jan Leike, one of the leaders of OpenAI's super alignment team, also announced his departure.Last Friday, OpenAI also confirmed that the "Superintelligence Alignment Team," co-led by Sutskever and Jan Leike, has been disbanded. In the early hours of May 18, Jan Leike posted 13 tweets on the social platform X, revealing the true reasons for his departure and more insider information.In summary, the first issue is insufficient computational resources, and the second is that OpenAI does not place enough emphasis on safety. Jan Leike stated that more resources and energy should be invested in preparing for the next generation of AI models, but the current development path cannot smoothly achieve this goal. His team faced significant challenges in the past few months, sometimes struggling to obtain enough computational resources.In response to Jan Leike's revelations, on May 18, Altman also urgently posted a response: "I am very grateful for Jan Leike's contributions to OpenAI in AI super alignment research and safety culture, and I am very sorry to see him leave the company. He pointed out that we have a lot of work to do, and we agree with this and are committed to advancing this work. In the coming days, I will write a more detailed article to discuss this issue."
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