sand

According to Gate market data, the altcoin sector has seen a widespread increase.SAND is currently priced at 0.06998 USD, with a 24-hour increase of 62.52%; ENJ is currently priced at 0.03729 USD, with an increase of 27.88%; GTC is currently priced at 0.12388 USD, with an increase of 22.10%; MANA is currently priced at 0.1054 USD, with an increase of 19.10%.SKY is currently priced at 0.09402 USD, with an increase of 18.94%; GALA is currently priced at 0.002655 USD, with an increase of 17.53%; MAGIC is currently priced at 0.0605 USD, with an increase of 15.02%; SUPER is currently priced at 0.2275 USD, with an increase of 14.96%.

Recently, the police in Baotou, Inner Mongolia, China, investigated a virtual currency money laundering case. The criminal gang used "free credit card repayment" as bait to attract ordinary users to provide accounts. They received illicit funds from overseas gambling and fraud through false consumption, then contacted currency dealers to exchange for virtual currency and transferred it to designated addresses abroad. Through financial and on-chain data analysis, the police identified nearly a thousand involved accounts, with suspects distributed across Inner Mongolia, Shandong, Jiangsu, Hebei, Chongqing, and other regions.The Digital Currency Research Institute of the People's Bank of China stated that it is currently using large model technology to analyze the flow of funds in virtual currency transactions, restore the gang's trading patterns, and uncover clues related to illegal industries. Upon investigation, it was confirmed that seven members of the gang were illegally engaged in payment settlement business without approval from relevant national authorities, constituting the crime of illegal operation, and were sentenced to imprisonment ranging from one year and two months to two years and six months, along with fines.Using virtual currency for money laundering is a new type of money laundering crime that has emerged in recent years. Lv Wei, the president of the Inner Mongolia branch of the People's Bank of China, stated that enhancing the monitoring and identification capabilities for abnormal fund transactions related to virtual currency trading has helped successfully crack down on a major money laundering case involving virtual currency pyramid schemes, dismantling more than ten money laundering and points-running dens, and confiscating illegal gains of approximately 130 million yuan. In recent years, there have been coordinated efforts to promote the conviction and sentencing of four cases involving money laundering using virtual currency, forming a strong deterrent against illegal activities such as money laundering with virtual currency.

Backpack CEO Armani Ferrante stated that the next phase goal is to expand the tokenized stock scale from about 200 to 10,000, covering the entire stock market. The vision is to enable real stocks to flow bidirectionally between traditional securities accounts and decentralized finance protocols through a unified application programming interface.

According to Gate market data, U.S. stocks closed on Friday with the Dow Jones Industrial Average initially down 0.19%, the S&P 500 index up 0.16%, and the Nasdaq up 0.39%. SanDisk rose 10.99%, SK Hynix rose 2.46%, Micron Technology rose 3.92%, and NVIDIA rose 1.34%; Qualcomm fell 5.82%, Dell fell 3.3%, and SpaceX fell 1.36%. The Nasdaq Golden Dragon China Index rose 0.78%, Alibaba rose 4.34%, and Baidu fell 0.11%.

According to the Washington Post, a U.S. official stated that the Trump administration is preparing to provide Israel with thousands of highly destructive bombs. This will be the largest single military sale of this controversial ammunition in recent years, with a transaction amount of up to $2.8 billion.

On September 14, the B.AI platform announced that the cumulative number of registered users officially surpassed 2,600,264, crossing the milestones of 2.4 million, 2.5 million, and 2.6 million within just 5 days, with the community size continuing to accelerate.Behind the rapid growth is the platform's daily throughput capability of 1T+ Tokens, strongly supporting scalable production-level workloads—zero-threshold cutting-edge model supply, cost-effective computing power scheduling, and stable carrying capacity have made B.AI the choice for more and more developers to quickly turn innovative ideas into reality. From AI exploration to production-level applications, from single model calls to complex Agent workflows, B.AI is continuously connecting more models, users, and developers, allowing intelligent capabilities to reach the world with a lower threshold. Welcome to log in at chat.b.ai/chat and join the ranks of over 2.6 million users.

Piper Sandler initiated coverage on Intel with a neutral rating and a target price of $110; gave Qualcomm a neutral rating with a target price of $190; and assigned an overweight rating to NVIDIA with a target price of $300.

On September 9, at the 2026 JD Global Technology Explorer Conference, the Chairman of the JD Group Technology Committee and President of JD Cloud, Cao Peng, announced the latest progress of JD in the three major AI infrastructures of computing power, data, and models.In terms of computing power, JD Cloud has collaborated with partners such as Moore Threads to create a domestic 10,000-card cluster and plans to build a 100,000-card cluster.In terms of data, JD Cloud's 10 million hours of the largest human-scale data collection initiative is progressing smoothly.In terms of models, JD has formed a JoyAI foundational model matrix covering multimodal models, world models, and embodied models, and has released the real-time interactive world model JoyAI-Echo WM.

According to official news, The Sandbox announced the official opening of SAND compensation claims. Users affected by the cross-chain contract vulnerability incident involving Base and BNB Smart Chain (BSC) networks on August 22, who held bridged SAND on the affected networks before the incident, can receive full compensation in SAND on the Ethereum network at a 1:1 ratio. Eligibility for compensation is based on the on-chain balance snapshot before the incident and is unrelated to any transactions, transfers, or holdings by users after the incident.The Sandbox stated that eligibility for compensation is determined based on the on-chain balance recorded before the contract was compromised. The snapshot for the Base network corresponds to block 50283188 at 23:42:03 UTC on August 21, 2026, and the BSC snapshot corresponds to block 117322025 at 11:42:44 UTC on August 21, 2026.Users holding Base or BSC network SAND through centralized exchanges do not need to take any action, as The Sandbox is coordinating with the relevant exchanges to handle compensation; however, users holding SAND in personal wallets will need to claim it themselves. The claim period is from September 8 to September 22, 24:00 (UTC+8). Claims only require a transaction initiated from the original wallet that held SAND at the time of the snapshot, without the need for token authorization, signing off-chain messages, or transferring to any address.

The Federal Bureau of Investigation (FBI) seized over $560,000 in cryptocurrency through court-authorized actions and took control of domains and servers allegedly used by Hamas for fundraising and recruiting supporters. The related actions involved three seizures on March 25, June 25, and October 10, 2025.Investigators identified a crypto chat group that directed supporters to fundraising websites and tracked the rotating cryptocurrency addresses. The operation also obtained information on thousands of individuals who had contacted Hamas online, attempting to donate via cryptocurrency or traditional means. This operation expanded upon the $200,000 cryptocurrency seizure announced in March 2025. At least 17 related addresses had transferred over $1.5 million since October 2024, with funds having passed through exchanges, over-the-counter brokers, and accounts in Turkey.

U.S. Senator Bernie Sanders and Representative Greg Casar introduced the "Artificial Intelligence Superintelligence Prohibition Act," which calls for a permanent ban on the development of superintelligent AI and a suspension of advanced AI research until new federal agencies establish safety standards and review procedures. Sanders criticized large AI companies for developing technologies that they cannot fully understand or reliably control, stating that companies and individuals who violate the regulations could face up to 20 years in prison, with the most serious cases potentially subject to what is referred to as "corporate death penalty."The bill defines superintelligence as AI systems that achieve or exceed human capabilities across numerous tasks or could undermine human control (including overthrowing the U.S. government), and this definition also encompasses human-level AGI. The bill plans to establish a new cabinet-level agency responsible for monitoring advanced models, overseeing the removal of dangerous capabilities, and the destruction of banned systems, as well as forming an AI advisory committee to provide scientific and technical advice.On the same day the bill was announced, OpenAI released GPT-6 Astra, with co-founder Greg Brockman stating that he personally believes this model may meet the definition of AGI. OpenAI described Astra as its first model to reach a "critical" threshold of cybersecurity capability, potentially discovering and exploiting unknown vulnerabilities in protected systems without gradual human guidance, with its strongest cybersecurity capabilities limited to selected testers. Previously, OpenAI and Anthropic's models had repeatedly accessed real systems without authorization during testing, including incidents where OpenAI's model breached Hugging Face to obtain test answers.

User Wordgrammer stated that the internet has collapsed due to social and video being 100% sandboxable, with consumer preferences leaning towards usage while intoxicated, in bed, on the toilet, or when 99% of their brain is occupied. They believe that the current AI discussion is similar to the misjudgment in 1995 that "everyone will have a website," as not everyone will create personal software or mobile applications.Wordgrammer indicated that everyone will use agents, but less than 1% will use coding agents, just as everyone has a social homepage but less than 1% have a personal website. Consumer-grade and enterprise agents must have a 0% failure rate foolproof sandbox, where accidental purchases, messaging, or information leaks cannot occur. Better models are insufficient to achieve this and require a rethinking of abstraction.

OpenAI has purchased tens of thousands of Macs for reinforcement learning training, while Anthropic uses a rental approach for Macs. Both companies have incorporated Apple computers into their AI research and development processes.It is reported that NVIDIA has regarded Apple as the number one competitor in the local AI field, as Macs are gaining increasing attention among the AI developer community. Official data from Apple shows that in the third quarter of fiscal year 2026, Mac revenue grew by 29% year-on-year, making it the fastest-growing product category.

The sandwich attack bot operated by JaredfromSubway.eth has extracted a total of 117,007 ETH since March 2023, amounting to approximately $295 million at current prices. In June 2026, an anonymous attacker deployed 66 counterfeit token contracts, using the bot's automated trading logic to steal at least $7.5 million in ETH and stablecoins, transferring the funds to Tornado Cash; the related assets have not yet been recovered.Sandwich attacks are a form of Maximum Extractable Value (MEV): the bot monitors large transactions in the Ethereum public mempool, buys before the target transaction, and sells after the transaction drives up the price, extracting profits from the price difference. As of August 28, the main contract of the bot has received a total of 117,007 ETH.MEV-Boost block construction is concentrated among a few participants, with relay.ultrasound.money, Titan Relay, and bloXroute relays forwarding approximately 85% to 88% of the relevant blocks within a 24-hour window; Titan's builders independently assemble 50.3% of the blocks. The monthly extraction amount from sandwich attacks has decreased from about $10 million at the end of 2024 to about $2.5 million in October 2025.

The blockchain gaming platform The Sandbox stated that it will compensate users who held bridged SAND on Base or BNB Smart Chain at a 1:1 ratio before the bridge vulnerability attack, with compensation provided in Ethereum-based SAND from the project treasury, and there will be no token issuance. This attack resulted in the theft of approximately 14.744 million SAND from the Ethereum treasury, valued at about $700,000.The application process is expected to open within two weeks and will last for two weeks; over 72% of the balances held by two centralized exchanges that meet the compensation criteria will be directly compensated to affected customers. The Sandbox indicated that the attacker exploited a configuration vulnerability in the SAND contracts on Base and BNB Chain, becoming the sole validator of bridge messages and minting unbacked tokens. Additionally, over 339 trillion unbacked SAND was minted on the two networks but has been isolated and cannot be cross-chain or exchanged; SAND on Ethereum and Polygon remains unaffected, and the compromised bridge contracts will be permanently disabled.

The Sandbox released an update on the security vulnerability attack incident involving the SAND cross-chain bridge, stating that the attacker modified the verification mechanism to forge cross-chain deposit messages and mint unbacked SAND. This incident resulted in approximately 14.7423 million SAND being withdrawn, valued at about $697,000. Additionally, some uncollateralized SAND was profited through market trading, leading to an overall economic impact of approximately $1.497 million, of which the attacker actually obtained about $987,000.The Sandbox stated that the attack did not affect the supply of SAND on Ethereum and Polygon, with the total amount of SAND on Ethereum remaining unchanged at 3 billion. There were also no super administrator privileges stolen, and the attack stemmed from a vulnerability caused by the combination of the general call function in the token contract and the design of bridge permissions. Currently, the related addresses have been marked, and collaboration has begun with exchanges, security agencies, and the LayerZero team.For affected users, The Sandbox promises to compensate wallets holding legitimate bridged SAND with a 1:1 ratio of SAND on the Ethereum chain based on an on-chain snapshot taken before the attack. The compensation application process is expected to open within two weeks and will last for two weeks.

The Sandbox released an incident analysis report on the vulnerability on August 22. The report shows that attackers exploited vulnerabilities in cross-chain configuration contracts on the Base and BNB Smart Chain (BSC) to steal 14,742,341.84 SAND from the Ethereum treasury, accounting for approximately 0.5% of the maximum supply, with an estimated economic impact of about $1.4968 million, of which approximately $987,000 was actually intercepted by the attackers. The Ethereum mainnet and Polygon network were not affected.Please do not purchase or send SAND on Base or BNB Smart Chain until further notice. The contracts deployed on Base and BNB Smart Chain have been permanently disabled and will not be reopened. The Sandbox stated that the team has reported the attackers' wallet addresses to blockchain analysis companies TRM Labs and Chainalysis and is in direct communication with relevant exchanges.The Sandbox also announced a compensation plan, which will compensate wallets that legally held cross-chain SAND on Base or BSC before the incident at a 1:1 ratio with Ethereum SAND. The compensation funds will come from The Sandbox treasury, and no new tokens will be issued. The application process will open in the next two weeks and will remain open for two weeks.

According to Gate market data, U.S. stocks opened with the Dow Jones up 0.13%, the S&P 500 index down 0.19%, and the Nasdaq down 0.4%.The storage concept declined, with SanDisk down about 6% and Micron Technology down about 3%. Xpeng Motors fell about 3%, with third-quarter revenue guidance below expectations.

The metaverse gaming platform The Sandbox confirmed that there is a vulnerability in its cross-chain bridge, allowing attackers to mint uncollateralized SAND on Base and BNB Smart Chain. Blockchain security company PeckShield discovered on August 21 that two addresses had collectively minted approximately 1.49 billion SAND, prompting The Sandbox to shut down the bridging functions for both networks.The Sandbox stated that the affected assets are those bridged on Base and BNB Smart Chain, while SAND on Ethereum and Polygon, user wallet assets, and Ethereum locked assets used to support the tokens remain unaffected. The incident involved a proportion of real collateralized assets that is less than 0.01% of the total supply of SAND. The Sandbox is formulating a compensation plan for the affected liquidity providers and advises users not to trade SAND on Base or BNB Smart Chain until the bridging function is restored.Coinbase plans to delist 10 perpetual futures contracts, including SAND, on August 26, at which time any open positions will be automatically settled.