TechFlow Intelligence Bureau: Hacker Drains $2.5 Billion From Binance With Just $15, US AI Sector Wipes Out $2.3 Trillion in One Day
Author: TechFlow
AI / Large Models
Claude Code Exposed for Sending User Email Addresses to Websites
A GitHub issue has garnered over 1,200 upvotes and 387 comments. Developers discovered that Claude Code attaches user email addresses when making requests to third-party websites; Anthropic has not yet responded.
> Hot Take: AI hasn't even learned to write code yet, but it already mastered email marketing.
Hot Discussion: The community is debating whether this is a privacy breach or a product design flaw, with some already modifying their hosts file to block it.
Source: GitHub
DeepSeek Harness Announces Daily Active Users Reach 1.5 Million
The open-source alternative to Claude Code is growing rapidly, directly challenging the paid logic of AI coding tools. Community discussions are focused on its traffic siphoning effect on Cursor and Copilot.
Source: Zhihu
Rumors of Anthropic IPO Cancellation Spread; Media Debunks Report as Unreliable
Topics on Zhihu's trending list have nearly reached 1.9 million views. The core contention lies in the questionable alignment between Anthropic's high valuation and its substantial losses.
Source: Zhihu
Microsoft Files Patent: AI Can Real-Time Rewrite Speakers' Remarks During Live Streams
The patent would allow real-time alteration of what someone says during a live stream, prompting a Reddit post with 500 upvotes to label it "dystopian."
> Hot Take: In the future, watching a live stream might require asking: "Is this the original wording, or has Microsoft 'polished' it for you?"
Source: Computerworld
Text-to-Image Model Trained for $20,000 Proves Viable
A developer has open-sourced (under Apache 2.0) a text-to-image model trained at a cost of approximately $20,000, garnering 242 upvotes on Hacker News. Low-cost training is deconstructing the narrative that "only large corporations can build foundation models."
Source: Linum
Crypto / Web3
Hackers Drain $2.5 Billion from Binance for Just $15
Bloomberg revealed that hackers executed a one-time attack on a Binance wallet using merely $15. Previously, Cointelegraph reported that the hackers had maintained access for up to eight weeks.
> Hot Take: With this return on investment, Buffett would probably switch his lunch auction to selling hacker tutorials.
Source: Bloomberg | Cointelegraph
Canary Launches INJ Staking ETF under Ticker INJC on Nasdaq
This adds another traditional finance entry point to the Injective ecosystem, with staking yields reflected in the fund's NAV. It follows SOL and LTC as another crypto ETF incorporating staking features.
Source: The Block
IREN Bitcoin Mining Revenue Plummets 58%, Complete Exit Planned by Year-End
Total quarterly revenue reached $228 million, with AI cloud revenue surging 182% quarter-over-quarter to $200 million, while Bitcoin mining revenue shrank to just $28 million. The trend of miners pivoting to AI is now completely irreversible.
Source: The Block
Chips / Hardware
Report: DeepSeek V5 to Be Trained on Huawei Ascend 950 Chips
This news garnered 1.82 million views on Zhihu. If true, it means China's most advanced AI models are distancing themselves from the NVIDIA ecosystem.
Source: Zhihu
Governors of Multiple US States Plan to Pause Approvals for AI Data Centers
Beyond just regulation, the focus across 504 comments on Zhihu is on how data center construction speeds may collectively slow down following the Democratic Party's landslide victory in the midterm elections.
Source: Zhihu
NVIDIA Stock Plunges 9.3% in a Single Day, Jensen Huang's Wealth Shrinks by $15.1 Billion
The Philadelphia Semiconductor Index tumbled 12% in a single day, with storage, optical communications, and data center power stocks all falling more than 10%. This marks the first time the AI supply chain has faced indiscriminate selling.
Source: Wall Street CN
US Stocks
Nasdaq Crashes 5.52%, Marking Largest Single-Day Drop in 19 Months
All three major US indices collapsed in tandem. The Dow Jones fell 1,840 points, while the Nasdaq 100 dropped 6.4%, wiping out $2.3 trillion. The AI supply chain was hit hardest: SanDisk fell 22%, AMD dropped 17%, and Micron plummeted 17%.
Source: Zhihu | Wall Street CN
Goldman Sachs Trading Desk Phone Lines Overwhelmed, But No Buyers Step Up
According to Wall Street CN, hedge funds and retail investors exited simultaneously amid the AI selloff, creating a rare "buyer vacuum." This isn't panic selling; it's panic-driven refusal to buy.
Source: Wall Street CN
Cloudflare's Q3 Revenue of $783 Million Beats Expectations, Yet Selloff Continues After Hours
The earnings report beat across the board, with both Q4 and full-year guidance raised. Unfortunately, in a stampede sell-off, even good earnings can't prop up the stock price.
Source: X
Dan Shu Responds to Plummeting Holdings: "It Is Extremely Unlikely That AI Comes to an End Here"
After suffering heavy blows to holdings worth nearly $10 billion in US equities, Dan Shu maintains that the AI narrative remains unchanged. The problem is that the market has just handed him a harsh reality check of that exact phrase.
Source: Cailian Press
Finance / Macroeconomics
Wall Street Journal: The $2.5 Trillion Reality Check for AI
The Nasdaq has officially entered correction territory, with Treasuries becoming a safe haven for capital. For the first time, markets voted with hard cash to express doubts about the sustainability of AI infrastructure expansion speeds.
Source: WSJ
Copper Prices Hit Lowest Since July, Challenging the AI Infrastructure Thesis
Copper is a critical raw material for data centers and power infrastructure. The plunge in copper prices indicates that the market is repricing the actual demand strength behind AI infrastructure projects.
Source: Bloomberg
Two Tankers Strike Mines and Catch Fire in the Strait of Hormuz; Oil Prices Could Break $100
The Iranian Revolutionary Guard has confirmed the incident, sharply escalating energy supply chain risks. Should oil prices spike, electricity costs for AI data centers will rise accordingly.
Source: CNBC
Tech Companies
Apple Pushes AI While Slashing Employee AI Budgets
Engineers' daily AI usage allowance has been cut from $300 to $200, with plans to reduce it further to $100 or even $25. The comment section under a Reddit post with 290 upvotes exploded with reactions.
Source: Reddit
Tesla Confirms Production Halt of Cybertruck in 2027
Tesla officially responded that it is "phasing out" Cybertruck production. The fate of the stainless steel pickup truck is being decided faster than its acceleration.
Source: TechCrunch
New York Times Plans to Acquire Letterboxd for $330 Million
An independent film community is being absorbed by legacy media, repeating the familiar script of "independent communities acquired by tech giants."
Source: The Verge
The Underlying Narrative Today
Following the Democratic Party's landslide victory in the midterm elections, market sentiment has shifted from optimism to fear. Expectations of AI regulation served as the trigger, igniting a stampede selloff in US AI-related stocks. Meanwhile, the theft of $2.5 billion from Binance by hackers for $15, tankers catching fire in the Strait of Hormuz, and plunging copper prices—all seemingly unrelated events—point to a single question: when external shocks compound, liquidity in overvalued assets vanishes in an instant.
The market repositioned the narrative of "mindless AI infrastructure growth" in a single day. Democrats demand regulation, data center approvals face pauses, copper prices surge, and oil threatens to break $100—all simultaneously squeezing AI's cost and revenue sides. The Binance incident serves as a reminder: during traditional financial panics, bombs within the crypto world also detonate. Today marks the first real stress test of the AI bubble. The answer remains unclear, but the question has been firmly posed.