The Seedance 2.0 Pro model by ByteDance ranked first in video generation quality among 12 AI models in a study by the University of Hong Kong. It scored 3.84 out of 5, surpassing Veo 3.1 from Google DeepMind with 3.47 and Sora 2 Pro from OpenAI, which scored 3.27.
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A researcher using the pseudonym KillaBoi won the Steal My Bitcoin contest, where participants were challenged to hack a server with a vulnerable version of PHP to obtain a private key. The prize pool was approximately 0.025 $BTC (~$2021).
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SpaceX CEO Elon Musk warned that over 200 specialized cloud providers for artificial intelligence could face a wave of bankruptcies and acquisitions.
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In a guest column for ForkLog, trader and Coen+ Telegram channel author Vladimir Koen analyzes capital flows after the oil spike and outlines scenarios for bitcoin and Ethereum through early November.
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The rights holders of 274 Elvis Presley songs have accused Anthropic of illegally using the musical works to train its AI models, Claude. This is according to a lawsuit filed in the U.S. District Court for the Northern District of California.
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U.S. bank Wells Fargo, networking equipment manufacturer Cisco, and four other companies have opposed the trading of tokenized versions of their shares on the OKXICE platform. The total number of issuers who have filed objections has reached 22, according to an official document dated October 23.
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A hacker gained access to the online store of hardware crypto wallet manufacturer Keystone, stealing personal data of customers, according to a company statement.
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The drop of #BTC below $80,000 triggered a wave of stop-loss closures. Analysts at @10xResearch suggested that this movement is linked to low trading volumes over the weekend, indicating the dip might be misleading.
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Starting October 26, the Swedish government’s office will block ChatGPT and Claude on employees’ work computers, according to Sveriges Radio, citing internal information and comments from the office’s digital director, Mikael Wetterkrantz.
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By the end of 2027, China could increase its available AI computing power from 4.6 million to 8.8 million H100 equivalents, according to a report by the Institute for Progress (IFP) cited by SCMP.
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The Pentagon has established a secret unit to counter foreign technological programs that threaten U.S. military superiority, according to Politico, citing 12 current and former U.S. national security officials.
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Israeli Prime Minister Benjamin Netanyahu has instructed the preparation of a blockchain plan to circumvent potential economic sanctions, including banking restrictions.
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Chinese company Moonshot AI introduced the Kimi K3.1 Pro language model with improved programming, 3D modeling, and financial analysis capabilities. The developers intentionally limited its ability to find and exploit vulnerabilities.
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High oil prices are creating unfavorable conditions for capital inflow into Bitcoin, according to an analyst known as Darkfost in a publication on CryptoQuant.
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Developers of the L1 blockchain Initia have suspended the main network and its associated rollups following an attack. According to preliminary estimates by project co-founder Ezaan Mangalji, the attacker managed to withdraw approximately $2.7 million in crypto assets.
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"Deconstruction" breaks down the top stories from the past week:
- debates surrounding the GENIUS Act;
- the mass departure of crypto exchanges from the CIS region;
- a long-term Bitcoin forecast from @jpmorgan;
- hackers’ shift toward AI and post-quantum encryption;
- threats to smart homes posed by autonomous neural networks.
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China aims to complete the primary development of a national blockchain network by 2030. This goal is outlined in a five-year plan by the Central Commission for Cybersecurity and Informatization.
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Critical PHP vulnerabilities could pose a threat to #Web3 projects through websites, servers, and transaction signing services, according to @SlowMist_Team.
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U.S. regulatory measures partially offset the impact of the failed vote on the #CLARITYAct but do not replace a comprehensive law for the crypto market structure. This conclusion was reached by @jpmorgan analysts.
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U.S. company Heatbit has introduced Bitwater, a heating element for household water heaters equipped with an integrated ASIC miner. The heat generated by the device during Bitcoin mining is used to heat water.
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