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A hub for startup news, trends, and insights, covering the global startup ecosystem for founders, investors, and innovators.

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πŸͺ™ Binance explains the $6.3B theft

A fake β€œrecruiter” led to several interview rounds. In September, a test file replaced legitimate pyenv with a backdoored copy. Security tools missed the malware, described as a zero-day.

By 20 October, attackers controlled wallets through Binance’s internal AI tool. On 29 October, they reached a third employee’s computer. Hot-wallet transfers using MPC continued for almost 2 hours because no single private key could revoke the malicious EIP-7702 permissions.

Binance says about $2.85 billion was frozen or intercepted. 98% of affected tokens has been reimbursed, users will not bear losses, and the FBI attributes the attack to North Korean group TraderTraitor.

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πŸ€– OpenAI changes tone after US vote

After Democrats won yesterday’s congressional elections, Sam Altman spoke for OpenAI in favor of keeping AI under human control. Not long ago, he wrote that sacrifices on the road to progress were inevitable.

Tech giants called Trump’s administration a β€œgood friend” for tax breaks and support for data-center construction. They also received government contracts. Now they are contacting Democratic strategists to find a deal.

Companies face threats of investigations. Tougher AI rules and data-center restrictions are also on the table, and CEOs are already being advised to hire lawyers.

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πŸ“£ OnlyFake Made $1.2 Million From Fake IDs

Fake passports and driver’s licenses sold for $15 to bypass KYC. Bulk orders cost $1,500. The site produced more than 10,000 documents and was used by North Korean IT workers.

Yury Nazarenko started on an old PC with Photoshop. Neural networks put production on a conveyor. He withdrew the profits to a Binance account in his real name.

Arrested in 2025 on a US warrant, he got 1 year in prison. Now he lives in Asia and runs TapMap, an events app.

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πŸ€– OpenAI Explains GPT Image 2.5

OpenAI’s guide shows how to control GPT Image 2.5 with prompts that specify the subject’s placement, visual conditions, and limits. For edits, it says to state what must change and what must stay.

The examples cover photorealistic images, ad creatives, logos, infographics, and comics. The guide also addresses reference images, consistent character appearance, and accurate text rendering.

OpenAI compares Flare, optimized for speed, with Sunburst, built for maximum quality. Both support generation, editing, and transparent backgrounds. The API offers quality up to max and resolutions up to 4K.

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πŸ€– Claude Starts Reading Bank Statements

Anthropic is testing Personal Finance in Claude for paid subscribers on its Pro, Max, or Ultra plans in the US. Accounts connect through Plaid, which links to more than 12,000 financial institutions.

Claude can spot unexpected fees and duplicate charges, then flag monthly bills that rose over the past year. It can chart weekly spending, break down a budget, and explain unfamiliar terms.

Access is read-only. Claude cannot move money or invest it. Transaction history is limited to two years. Anthropic is exploring work with licensed professionals and regulated firms.

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πŸ€– OpenAI Bans Users Without Warning

After login, users see an error and lose access to chats and notes. Appeals are rejected within a minute.

Online reports link the bans to VPN use and frequent IP changes. OpenAI has not commented.

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Ⓜ️ Meta launches no-code Spaces

Users describe a task in plain language, and AI builds the interface and required functionality. The resulting app can be edited through chat.

Spaces supports Gmail and Google Calendar. Data can update automatically without asking the AI again, for example by finding school events in emails and adding them to a calendar.

Created tools are saved inside Muse, where users can place them on tabs, hide them, or set when they appear. Spaces is available in all regions where Muse operates.

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πŸ“Ό Raea renders AI video up to 20x faster

Raea renders video without a browser, using the GPU directly. Its author claims 10-20x faster processing on complex scenes than Remotion and Hyperframes.

The engine can create 3D scenes and games, plus music and sound effects. Projects are written in TypeScript and React, then rendered locally through Rust and Bevy.

Claude Code can write composition code, run the render, inspect the result, and revise it. Raea runs on macOS, Linux, and Windows. The engine is free, with source published on GitHub.

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πŸ€– Fable 5.2 Matches Opus at Lower Cost

On FrontierCode 2.0, Fable 5.2 with High effort matched Opus 5.5 at Max effort. Its cost per task was almost 2x lower. API pricing fell to $8/$40 from $10/$50.

Fable 5.2 also performed better with physical robots, including tasks it was not trained for. It scored 64.9% on RoboDojo, versus 29.8% for GPT-6 Astra. Mythos 5.2 proposed a new method for modeling capsids used in gene therapy.

A 1000-agent team formalized Fermat’s Last Theorem in Lean in 30 hours with almost no human input. Anthropic’s earlier attempt took 11 days. The new proof used 3x fewer tokens and was 7x shorter. In 8 days, Fable wrote a bootable OS from scratch.

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πŸͺ™ Seppuku Oath in Ethereum Plan

A former employee’s lawsuit says Ethereum Foundation staff were required to swear to commit seppuku if the software stopped being free. The oath was added to the foundation’s plan for the next 1000 years.

They had one weekend to sign or quit. About 80 of 250 employees asked for the clause to be removed.

Management kept it as β€œartistic decoration”, redrawing the text as an image with cats and anime girls. Protest organizers were fired.

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πŸ”“ A Sensor Powered by Wiring

30 million times less energy than one AirPod powers a battery-free temperature sensor. A graphene coil with a steel core harvests energy from the changing magnetic field around AC wiring.

A Cockcroft-Walton multiplier raises the weak alternating signal to DC voltage, while three capacitors store the energy. If the wiring loses power, the reserve can last a day, and likely a week.

The nanowatt design could support sensor networks in factories, logistics, atmosphere and soil monitoring, wearables, and medicine. It only works near live wiring, has not shown startup from fully discharged capacitors, and cannot power a smartphone.

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πŸ€– Claude Moves Into Office Work

Claude Meetings joins calls and writes meeting notes. In Sheets, it edits spreadsheets. Whiteboards lets users arrange ideas on a shared board.

Boards and spreadsheets are already available to subscribers. Adobe, Jira, Confluence, and Slack now open directly inside Claude.

After the announcement, Microsoft shares fell almost 3%.

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πŸ€– OpenAI Adds a $200 Retro Console

The ModRetro Chromatic Codex Edition costs $200 and reads Game Boy and Game Boy Color cartridges. It includes a rewritable cartridge for custom games.

With the ModRetro plugin, users can describe a game in Codex, then have it build levels and animate sprites. A demo snowboard level ran on the Chromatic.

Games can be tested in a built-in emulator, then written to the cartridge after a firmware update and developer mode switch. OpenAI also published browser-playable demos and downloadable ROMs.

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