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Techub News reports that the security agency SlowMist has issued a security alert stating that the Aave V3 Loop Safe Module was attacked due to an access control vulnerability, resulting in a loss of approximately 114.09 ETH. The attacker bypassed the permissions check of the FlashLoopAdapter using a forged Safe contract and used the victim's Safe multi-signature wallet as a router to execute arbitrary module transactions, ultimately stealing funds and repaying approximately 1300 WETH debt to unlock collateral. The attacker's address is 0x42c2633438609881c8fBAb82414eb9A0c45F9353, and the two victim addresses are 0xe3b23e47df7cd85876ac6cb05bdb9d7cd5b28520 and 0xcfedf95a3653a128dfc2e4288758a1a1850d169f. The vulnerability contract address is 0x16bb8b912da187870c23ec6756bb3fad061283d8. (@SlowMist_Team)
Techub News report, Litecoin Foundation and digital asset technology company Greywick Digital have signed a Memorandum of Understanding to cooperate on the development of cLTC, a tokenized Litecoin aimed at institutional traders, designed to access the Canton Network. Canton Network is a privacy-interoperable blockchain network for financial institutions initiated by Digital Asset. (Crypto Briefing)
Techub News reports that Hewlett Packard Enterprise (HPE) has raised its revenue expectations for its networking business and announced a $1.2 billion order from cloud company Vultr. The company indicates that these signs show it is benefiting from the boom in AI infrastructure construction. HPE expects that the percentage sales growth of its networking business will reach the high single-digit to low double-digit range in the fiscal year 2027. The company also provided a long-term sales growth expectation of high single digits, with an operating margin target of up to the high double digits. HPE expanded its networking business last year through the acquisition of Juniper Networks. (Bloomberg Technology)
Techub News reports that Hewlett Packard Enterprise (HPE) has secured a $1.2 billion order from cloud service provider Vultr to provide AI server racks based on AMD Helios architecture. This order highlights the intensifying investments in AI infrastructure. (Crypto Briefing)
Techub News reports that Coinbase has announced the launch of Concrete (CT) token trading and storage services on its website and mobile app. Coinbase customers can log in to their accounts to buy, sell, convert, send, receive, or store this asset. Asset availability may vary by jurisdiction. (@CoinbaseMarkets)
Techub News reports that the publicly listed company BitMine has announced an increase of 12,532 Ethereum in its holdings over the past week. Its total Ethereum holdings have now reached 6,028,946, accounting for approximately 4.9% of Ethereum's total circulating supply. The company stated that its goal of accumulating 5% of the supply is approximately 99% complete, with 5.07 million Ethereum currently staked. BitMine, in its forward-looking disclosures, quoted management as saying that the company 'has essentially completed its purchases of Ethereum,' hinting that the pace of acquisitions may slow down as it approaches the target. (@WuBlockchain)
Techub News reports that Ondas Holdings, an industrial drone and autonomous systems company, and Palantir Technologies, a renowned big data analytics company in the United States, jointly announced the launch of Regna AI. This joint venture aims to build autonomous, sovereign artificial intelligence models for the defense sector to enhance national security and reduce reliance on external entities. This move represents the latest step in the deep collaboration between the two companies in the field of military and security technology. (Crypto Briefing)
Techub News reports that the National Highway Traffic Safety Administration (NHTSA) is conducting a safety review of Tesla's Robotaxi autonomous taxis due to allegations of speeding in school zones. Regulatory scrutiny could impact investor confidence and prompt Tesla to make operational adjustments to its autonomous driving technology. This review marks the ongoing concern of regulatory authorities over the safety of autonomous taxis in sensitive areas such as schools. Tesla has yet to issue an official comment on this matter. (Crypto Briefing)
According to Techub News, the new cooling technology adopted by AI data centers may shift the water burden to power plants, especially in water-scarce regions. This could lead to increased scrutiny by regulatory bodies.
Techub News reports that digital asset investment company Strategy has announced the purchase of an additional 250 bitcoins, continuing its strategy of accumulation. (@coingecko)
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