Core Scientific支付4190万美元终止Block比特币矿机合约，转向AI基础设施
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The South Korean government is considering extending the sovereign AI core GPU guarantee project, with a budget of up to 4 trillion won next year.
According to Odaily Odaily, the South Korean government is considering extending its support project for GPUs, a core resource for AI. On July 7th, industry sources indicated that the Ministry of Science and ICT is investigating the capacity of major South Korean cloud service providers to build additional GPUs, aiming to extend the "AI Computing Resource Utilization Infrastructure Enhancement Project." The core of this project involves government-funded purchases of GPUs, deployment in cloud service provider data centers, and support for industry-academia-research collaboration. Last year, the South Korean government allocated a budget of 1 trillion won, and this year it allocated 2 trillion won, securing over 20,000 GPUs. The project was originally scheduled to end this year, but with the surge in demand for advanced resources such as NVIDIA's next-generation GPU Vera Rubin, the South Korean government is developing comprehensive countermeasures, including data center efficiency optimization and new space security plans. It is reportedly already applying to the Planning and Budget Office for a "limited additional budget" for GPU security. Industry estimates suggest that, considering this year's GPU security budget and the government's intentions, next year's budget could reach a maximum of approximately 4 trillion won. Industry experts say that compared to the GPU supply itself, "equipment installation space" will be the key to the success or failure of the project, because running thousands of high-performance GPUs simultaneously requires a large power supply and advanced cooling systems, and the equipment installation space held by South Korean companies is nearing saturation. (ETNews Electronics)
Hinkal's privacy protocol has suspended affected smart contracts due to abnormal USDC transactions on the Ethereum blockchain.
Odaily Odaily reports that decentralized privacy protocol Hinkal Protocol has announced it has noticed unusual activity involving USDC on the Ethereum network within its system. Currently, this only affects the Ethereum blockchain; other chains are unaffected. As a precaution, affected smart contracts have been suspended, and a comprehensive investigation and analysis of related on-chain transactions and activities is underway. The investigation is ongoing, and updates will be released as information becomes available. Previously, it was reported that Hinkal suffered a loss of $800,000 due to a suspicious USDC transaction.
Base releases block production disruption analysis report: Sequencer bug caused brief on-chain outage, will strengthen protocol stress testing
Odaily Odaily that Base officially released a block production interruption analysis report, disclosing that the Base mainnet experienced two block production interruptions on June 25th and 26th, lasting 116 minutes and 20 minutes respectively. On-chain asset security was unaffected, and funds remained safe throughout. The root cause of the incident stemmed from a vulnerability in the sequencer block building logic: after a transaction failed, the old journal state was not properly cleared, leading to gas calculation errors during the execution of subsequent legitimate transactions. This resulted in the generation of invalid state transition blocks, causing the entire L2 chain to suspend block production. Base stated that the issue has been resolved with a patch, and they will further strengthen their protocol fuzzing and stress testing systems to identify potential malicious transaction paths, while also optimizing monitoring and operational processes. Furthermore, they plan to introduce a recovery mechanism to enhance rapid recovery capabilities in similar future incidents.
NEAR announced an upgrade to its next-generation protocol, SPICE, which is expected to reduce block time to 200 milliseconds.
According to Foresight News , the NEAR blog reports that its core development team, Near One, has announced a major upgrade to SPICE (Separation of Consensus and Execution), a key step towards the Nightshade 3.0 sharding architecture and the biggest change to the NEAR protocol since stateless verification in 2024. SPICE decouples consensus and execution, allowing validators to reach consensus only on transaction order and block hashes without waiting for state calculations to complete, thus reducing block time from the current 600 milliseconds to 200 milliseconds, approaching the physical limit. This solution also supports more complex, long-cycle transactions spanning multiple blocks and improves parallel processing capabilities through inter-shard synchronization. Near One recently announced two upgrades scheduled for release later this month: dynamic resharding to improve network scalability, and the first quantum signature scheme providing post-quantum security for accounts. Near One stated that the simpler block structure, combined with the already implemented sharded smart contracts, will enhance network security and lay the foundation for further formal verification and reduced contract auditing costs. SPICE is currently under development, and the team plans to implement it in the coming months.
Opinion: The next phase of crypto may shift towards AI financing infrastructure, with blockchain becoming a key player in the capital market.
According to an analysis by Michael Anderson, co-founder of Framework Ventures, as reported by Odaily Odaily, the core opportunities in the next phase of the crypto industry may no longer be limited to crypto assets themselves, but rather become the financing infrastructure for capital-intensive industries such as artificial intelligence, robotics, and energy, with blockchain becoming the capital layer. Compared to the 2020-2021 cycle centered on DeFi and crypto speculation, tokenization and stablecoins are evolving from native crypto applications into financial infrastructure serving the real economy. They can provide more efficient financing channels for assets such as GPU computing power and energy projects. Currently, there is over $300 billion in on-chain stablecoin liquidity, providing new funding sources for asset-backed lending and enabling traditionally difficult-to-securitize equipment (such as servers and computing hardware) to be packaged as financeable assets. (CoinDesk)
The Bitcoin network successfully mined a block for the first time using the Stratum V2 protocol.
According to Documenting Bitcoin, the Bitcoin network has successfully mined a block for the first time using the Stratum V2 protocol. Compared to the widely used Stratum V1, Stratum V2 allows miners to independently build block templates and choose which transactions to package, rather than having the mining pool decide entirely. While retaining the mining pool's revenue distribution mechanism, it reduces the mining pool's control over transaction packaging, which helps improve the decentralization and censorship resistance of Bitcoin mining.