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SlowMist's Yu Xian: The Binance hack incident involves an advanced persistent threat (APT) attack, and individuals and enterprises should check for poisoning risks.

1 hours ago

SlowMist founder Yu Xian published an article noting that Binance’s disclosed hack process was an Advanced Persistent Threat (APT) attack, which should not be viewed merely as a result of engineer operational errors or excessive permissions. He explained that such attacks may span multiple stages including intelligence reconnaissance, social engineering, malicious code evasion, trust chain exploitation, lateral poisoning, cloud environment penetration, and risk control circumvention, and may also leverage zero-day vulnerabilities. Yu Xian reminded individuals and enterprises to use this incident to assess whether themselves, colleagues, and employees are vulnerable to similar poisoning attacks, and to enhance their defenses. The initial social engineering is just one component of the attack chain; seemingly simple tactics can trigger severe consequences in specific contexts.

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CNN predicts the Democratic Party will take control of the House of Representatives.

CNN projects that the Democratic Party will win control of the House of Representatives. As of press time, the Democrats maintain a large lead in House votes. A total of 171 House seats have been called in this U.S. midterm election, with the Democratic Party securing 110 seats (a flip of 6 seats), while Republicans have won only 61 seats.

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AMD’s post-earnings rally has given back most of its gains, with the overall longs once again slipping into unrealized losses.

AMD released its third-quarter financial results this morning, reporting revenue of $13.377 billion, a year-on-year rise of 45%, and adjusted earnings per share of $2.09, both exceeding market expectations. Data center revenue and fourth-quarter revenue guidance also came in above forecasts. According to TradingBeats monitoring, after the earnings release at 05:15 Beijing time, AMD’s perpetual contract jumped from around $486.10 prior to the announcement to a peak of $530.51, a gain of roughly 9.14%. It has since pulled back to $500.8, with the post-earnings increase narrowing to approximately 3.03%, erasing about two-thirds of the earlier rally. The 24-hour trading volume stands at around $111 million, and the current nominal value of open interest is roughly $17.51 million. The area around the long position break-even line of $522, highlighted in our earlier news brief, was briefly breached, with the price even temporarily exceeding the average entry price of $527.38 of the largest long-position whale 0xfd6a. However, this whale has not reduced its position since yesterday noon and currently holds approximately $4.2483 million in AMD long positions, with an unrealized loss of around $225,200.

1 seconds ago

Binance hacker converts $SOL to $BTC via multi-step swap across chains

The Binance hacker continues to swap $SOL for $BTC! They're splitting the $SOL across multiple wallets and selling it for $USDC. Then they bridge the $USDC to Ethereum and buy $ETH. Finally, they swap the $ETH for $BTC via #THORChain.

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UBS: Expectations of a Democratic "Blue Wave" are rising, potentially increasing resistance to investments in artificial intelligence and data centers.

UBS stated, "The market is currently exhibiting risk-off sentiment, responding to the growing likelihood of a 'blue wave' led by the Democratic Party. This means headwinds for investments in artificial intelligence and data centers may increase, while political gridlock and bargaining over debt ceiling and fiscal policy issues could also intensify."

1 seconds ago

The Democratic Party secured 102 seats in the House of Representatives, successfully flipping five seats.

According to the latest data, 154 House of Representatives seats in the ongoing U.S. midterm elections have been called. The Democratic Party has won 102 seats (including 5 flipped from the Republican Party), while the GOP has secured only 52 seats. Election forecasting firm Decision Desk HQ (DDHQ) has projected that the Democrats will take control of the U.S. House of Representatives, regaining a majority after four years in the minority, ushering in a new era of divided government in the U.S. The House has 435 total seats, with a majority requiring 218 seats.

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SOL falls below $90, down 1.94% in the past 24 hours.

According to HTX market data, SOL has dropped below $90, currently trading at $89.98, with a 24-hour decline of 1.94%.

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