sand

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.

The Sandbox official stated that the team has confirmed and fully controlled the recent SAND cross-chain bridge vulnerability incident, involving the Base and BNB Smart Chain (BSC) networks.The official said that the impact of this incident is limited, involving less than 0.01% of the total supply of SAND tokens. SAND on Ethereum and Polygon is unaffected, and user wallets have not been compromised; related token holders and liquidity providers do not need to take action.According to disclosures, the attacker minted uncollateralized SAND tokens on the Base and BSC networks through the vulnerability. Currently, The Sandbox has disabled the SAND cross-chain functionality on both networks, and SAND on Base and BSC has been isolated, temporarily unable to be transferred or exchanged.The Sandbox reminds users not to buy, sell, or trade SAND on the Base and BSC networks, as liquidity on these networks has been affected.The team stated that they have completed a snapshot before the incident and are formulating a compensation plan for affected liquidity pool (LP) users, while continuing to investigate the scope of the vulnerability's impact. A complete incident report and technical review will be released subsequently.

The Base chain SAND contract of the metaverse project The Sandbox is suspected of experiencing an abnormal minting event. The related address 0x6762...257e is alleged to have obtained minting permissions, allowing it to mint SAND at will, with over 500 million tokens already issued. The specific reason is yet to be confirmed by the official source.

The Alpha Arena Bali Grand Final was held in Bali. Arumando won the championship, while Murasaki Trades and Coin6097 took second and third place, respectively. According to the event organizers, the prize pool for this competition was 100,000 USDT, with a total of over ten thousand on-site and live-stream viewers.During the finals, the real-time leaderboard was fiercely competitive, with rankings changing in the last ten seconds of multiple rounds. Among them, the player ShamanShark held the top position for a long time but was overtaken in the last 30 seconds, ultimately missing out on the top three. After the match, MEXC CEO Vugar presented awards to the winning players.

According to the official announcement, Gate ETF will launch UNITREE3L/USDT, UNITREE3S/USDT, SNDK5L/USDT, SNDK5S/USDT, SPCX5L/USDT, SPCX5S/USDT, SKHYNIX5L/USDT, SKHYNIX5S/USDT, MU5L/USDT, and MU5S/USDT on August 19 at 12:00 (UTC+8), supporting 3x or 5x long/short UNITREE3L/3S (Unitree Technology), SNDK5L/5S (SanDisk), SPCX5L/5S (SpaceX), SKHYNIX5L/5S (SK Hynix), and MU5L/5S (Micron). Gate ETF currently supports trading of 408 types of tokens.

According to Gate market data, SanDisk (SNDK.O) stock price rose over 10%, Micron Technology (MU.O) increased by 5.6%, SK Hynix (SKHY.O) and Western Digital (WDC.O) rose over 6%.

NVIDIA stated that the Ports-Pike project will create tens of thousands of jobs and establish an $80 million community fund.

According to Gate market data, U.S. stocks opened with the Dow down 0.1%, the S&P 500 up 0.1%, and the Nasdaq up 0.16%.SanDisk rose 7%, as the company expects revenue to maintain mid-to-high double-digit growth from fiscal year 2028 to 2030. Western Digital and Micron Technology rose about 4%, while Applied Materials fell 5%.