New York, June 19, 2023 (GLOBE NEWSWIRE) — CertiK, a global pioneer in blockchain security, was awarded a $500K bounty by Sui for the discovery of a new type of security threat. The threat, codenamed “HamsterWheel”, had the potential to disrupt the entire Sui Layer one chain.
Differing from traditional attacks that shut down chains by crashing nodes, the HamsterWheel attack traps all nodes in a state of ceaseless operation without processing new transactions, as if they were running on a hamster wheel. This strategy can cripple entire networks, effectively rendering them inoperable.
CertiK reported this critical vulnerability to Sui ahead of their mainnet launch and received confirmation from Sui about the potential damages the HamsterWheel attack could inflict on the network. Recognizing the gravity of the situation, Sui swiftly implemented solutions to mitigate the potential harm of such attacks. Fixes have already been rolled out to ensure the security of the SUI network.
In appreciation of CertiK’s pivotal discovery, Sui has paid out a $500,000 reward for this critical finding. This gesture underscores the value of proactive cybersecurity efforts, bug bounty programs, and the importance of fostering a secure and resilient blockchain ecosystem.
“The discovery of the HamsterWheel attack demonstrates the evolving sophistication of threats to blockchain networks. At CertiK, we are dedicated to staying at the forefront of security developments to ensure the safety and reliability of the Web3 world,” said Kang Li, Chief Security Officer at CertiK.
This incident highlights the necessity of robust security measures and preemptive threat identification in the rapidly developing blockchain space. It reiterates CertiK’s commitment to securing the web3 world through cutting-edge technologies and best-in-class security services.
About CertiK
CertiK is a pioneer in blockchain security, leveraging best-in-class AI technology to protect and monitor blockchain protocols and smart contracts. Founded in 2018 by professors from Yale University and Columbia University, CertiK’s mission is to secure the web3 world. CertiK applies cutting-edge innovations from academia to enterprise, enabling mission-critical applications to scale with safety and correctness.
One of the fastest-growing and most trusted companies in blockchain security, CertiK is a true market leader. To date, CertiK has worked with nearly 4,000 enterprise clients, secured over $360 billion worth of digital assets, and has detected nearly 70,000 vulnerabilities in blockchain code. Our clients include leading projects such as Aave, Polygon, Binance Smart Chain, Yearn Finance, and Chiliz.
CertiK is backed by Insight, Partners, Sequoia, Tiger Global, Coatue Management, Lightspeed, Advent International, SoftBank, Hillhouse Capital, Goldman Sachs, Coinbase Ventures, Binance, Shunwei Capital, IDG Capital, Wing, Legend Star, Danhua Capital and other investors.
About Sui
Sui is the first Layer 1 blockchain designed from the ground up to enable creators and developers to build experiences that cater for the next billion users. Sui is horizontally scalable to support a wide range of dApp development with unrivaled speed at low cost. The first-of-its-kind platform brings users a general-purpose blockchain with high throughput, instant settlement speeds, rich on-chain assets, and user-friendly web3 experiences. Learn more: https://sui.io
Hari Govindarajan
PR & Comms Specialist, Luna PR
hari@lunapr.io
Tobacco harm reduction can hasten an end to smoking-related death and disease. Copyright-free photo by Mathew MacQuarrie on Unsplash.
WARSAW, Poland, June 19, 2023 (GLOBE NEWSWIRE) — International public health specialists, scientists, doctors, regulators, consumers and manufacturers are convening this week in the Polish capital to discuss new ways of tackling global smoking-related death and disease. Over four days, 70 speakers and hundreds of delegates at the tenth annual Global Forum on Nicotine (21 – 24 June) will focus on tobacco harm reduction, which encourages adults who cannot quit smoking to switch to safer nicotine products.
Despite decades of tobacco control efforts, a billion people still smoke worldwide, with eight million smoking-related deaths each year. Four in five smokers live in low- and middle-income countries, least able to cope with the resulting burden of disease, and smoking is a major cause of health inequalities in higher income countries. The thousands of toxins released when tobacco burns cause smoking-related diseases, not nicotine, which is a comparatively low-risk substance.
Vapes (e-cigarettes), pasteurised snus, nicotine pouches and heated tobacco products enable people to use nicotine without burning tobacco, significantly reducing health risks compared to continued smoking. Global estimates suggest 112 million people use these products, despite inconsistent regulation and outright prohibition in some countries. Smoking prevalence is falling faster where these products are available and appropriately regulated, such as in the UK, Sweden, Japan and New Zealand.
Ahead of GFN23, Gerry Stimson, Emeritus Professor at Imperial College London and the event’s co-founder, called for international tobacco control leaders to adopt rational and pragmatic approaches that prioritise saving lives: “Ideology must be set aside and people must be supported to quit by all available means.”
The Global Forum on Nicotine (GFN) is the only international conference to focus on the role of safer nicotine products that help people switch from smoking, in an approach called tobacco harm reduction. Find out more and register to watch online sessions free at https://gfn.events/
Automotive: Polytechnic University of Milan to test self-driving Maserati on 1000 Miglia 2023 track
The Politecnico di Milano, i.e. the Polytechnic University of Milan, is ready for an important step in the field of research and testing of autonomous cars on public roads.
MILAN, Italy, June 19, 2023 (GLOBE NEWSWIRE) — The Politecnico di Milano, i.e. the Polytechnic University of Milan, is ready for an important step in the field of research and testing of autonomous cars on public roads. As part of the ‘1000 Miglia Autonomous Drive’ (1000-MAD) project – whose protagonist is the self-driving car set up by the Milan university and presented on June 11 at the 1000 Miglia Village in Brescia – the brand-new Maserati MC20 Cielo, equipped by the university’s research team with all the technological components required to make it autonomous, will take on the complete route of the 1000 Miglia 2023, driving some stretches in self-driving mode, while respecting traffic and road safety rules.
This test will allow the development of autonomous driving technology. “That is, all the automation and artificial intelligence algorithms capable of replacing the human driver, on a vast number of real-life situations and types of roads, encompassed by the traditional 1000 Miglia route,” commented project leader Sergio Savaresi, Professor of Automation at the Politecnico di Milano. Savaresi expressed his satisfaction at having obtained authorisation for the test, which represents “a very important milestone for the project after almost a year of work.”
This is only the initial phase of the project, a phase that will be followed by a year of intense experimentation and refinement of the technology, with the aim of achieving – by the time of the 1000 Miglia 2024 – the ability to cover the entire 1,500-plus kilometre route in full self-driving mode. The role of ‘supervisor’ on board the car (a prerequisite for carrying out the experimentation) will be entrusted to Matteo Marzotto, grandson of Giannino Marzotto, who won the 1953 edition of the 1000 Miglia 70 years ago.
“With this project, the Politecnico di Milano positions itself as a pioneer in the field of self-driving car technology, for the benefit of the entire national and international scientific and industrial community, with the ultimate aim of making an important contribution towards new models of sustainable mobility,” commented Donatella Sciuto, Rector of the Politecnico.
Chinese President Xi Jinping met with U.S. Secretary of State Antony Blinken at the Great Hall of the People on Tiananmen Square in Beijing late Monday afternoon in a climax of high-stakes diplomacy.
Xi said he hoped the U.S. diplomat’s visit would stabilize ties, adding that state-to-state interactions should be based on mutual respect, Foreign Ministry spokesperson Hua Chunying, who was present in the meeting, wrote in a tweet.
Blinken had earlier met with China’s top foreign policy official Wang Yi and Foreign Minister Qin Gang.
Achieving a meeting with Xi, who is also China’s General Party Secretary, was widely perceived as the key measure of the success of Blinken’s visit as the two nations’ relations plumbed depths not seen since the countries diplomatically recognized each other in 1978.
President Joe Biden said he hoped to see Xi in several months.
Blinken is the first secretary of state to visit China in five years, amid China’s strict COVID-19 pandemic lockdowns and strains over China’s claims on the self-governing island of Taiwan, Russia’s war in Ukraine, Beijing’s human rights record, assertive Chinese military moves in the South China Sea and technology trade.
“This visit was basically a means of re-establishing the normal process of contacts between the U.S. and China that was supposed to follow the Bali Xi-Biden meeting but then got derailed by the spy balloon,” Andrew Small, a senior transatlantic fellow with the U.S. German Marshall Fund’s Indo-Pacific Program told RFA.
“It is intended to pave the way for other visits to China … and ultimately an expected visit from Xi Jinping for the APEC meeting in San Francisco.”
The Asia-Pacific Economic Cooperation summit will be held in the Californian city on November 12 this year.
Small described China-U.S. relations as essentially “frozen” prior to the trip, adding, “The US side anticipated that, assuming meetings with Wang Yi and Qin Gang proceeded according to plan, Blinken would see Xi Jinping, and it was understood to be important that various messages could be delivered directly to him.”
‘Candid, substantive, and constructive’
On Sunday Blinken began the two days of meetings with 7½ hours of direct talks and a dinner meeting with Chinese Foreign Minister Qin Gang, discussing a host of topics and agreeing to work together on increasing the number of flights between the U.S. and China, a senior state department official said.
Blinken invited Qin to continue the discussions in the U.S, and the spokesperson said the pair agreed to schedule a visit at a “mutually suitable time.”
A senior official said, under the condition of anonymity, that the meeting between Blinken and Qin was not about reading talking points to one another, describing the exchange of views as a substantive conversation.
The PRC readout on the meeting said, “China is committed to building a stable, predictable and constructive China-U.S. relationship,” which Bonnie Glazer, managing director of the German Marshall Fund’s Indo-Pacific program and nonresident fellow with the Lowy Institute in Sydney, Australia, described in atweet thread as “important.”
U.S. Secretary of State Antony Blinken walks with Chinese Foreign Minister Qin Gang at the Diaoyutai State Guesthouse in Beijing, China, Sunday, June 18, 2023. Credit: Leah Millis/Pool Photo via AP
Blinken’s talks with Qin were “candid, substantive, and constructive,” said State department spokesperson Matthew Miller.
“The Secretary emphasized the importance of diplomacy and maintaining open channels of communication across the full range of issues to reduce the risk of misperception and miscalculation,” Miller said in a written statement late Sunday.
Blinken, the spokesperson added, “raised a number of issues of concern, as well as opportunities to explore cooperation on shared transnational issues with the PRC where our interests align.”
Chinese state media described the talks as “candid, in-depth and constructive communication on the overall relationship between China and the United States and related important issues.”
A report by China’s foreign ministry quoted Qin as saying that “Sino-US relations are at the lowest point since the establishment of diplomatic relations. This does not conform to the fundamental interests of the two peoples, nor does it meet the common expectations of the international community.”
‘Crucial juncture’
On Monday morning, amid much suspense as to whether Xi would agree to meet him, Blinken met with China’s top foreign policy official Wang Yi to discuss re-forging diplomatic channels of communication between the powers.
Observers in Beijing described the meeting as “frosty” but free of acrimony, unlike their last meeting, in Munich in March this year, when the twotraded barbs in their first meeting since the U.S. shot down a Chinese spy balloon on February 4.
U.S. Secretary of State Antony Blinken (second from left without mask) meets with China’s Director of the Office of the Central Foreign Affairs Commission Wang Yi (second from right without mask) at the Diaoyutai State Guesthouse in Beijing, China, June 19, 2023. Credit: Reuters/Leah Millis/Pool
The Chinese readout described the meeting as coming at a “crucial juncture” in U.S.-China relations and that choices needed to be made between dialog or confrontation, cooperation or conflict, while blaming the downturn in relations on the “U.S. sides erroneous understanding of China.”
Wang asked the U.S. to stop “hyping up the China threat,” lift its “illegal sanctions,” stop hindering China’s technological progress and said that on the subject of Taiwan, which he described as “core of China’s core interests,” there was “no room for compromise.”
Little progress on key issues
The two sides appeared to have made no progress on key issues such as Taiwan, trade, human rights and stemming the flow of chemicals used in the production of the synthetic opioid fentanyl.
“Despite very low expectations for any breakthroughs made during Blinken’s visit to China, there is still hope that both sides can maintain their ‘bottom line’ in the relationship,” state tabloidGlobal Times said in an editorial on Monday.
It added, “It is normal for any country to have low expectations after being continuously suppressed by the US.”
Derek Grossman, a former daily intelligence briefer to the director of the Defense Intelligence Agency and to the assistant secretary of defense for Asian and Pacific Security Affairs,said “China’s not really in the mood or prepared at all to offer any types of concessions
“What to do about the status of Taiwan? What to do about China’s expansive claims over the South China Sea, threatening its neighbors throughout the Indo-Pacific, human rights violations? There’s no real kind of negotiating out of those things.”
‘Legitimate Differences’
President Joe Biden told White House reporters Saturday he was “hoping that over the next several months, I’ll be meeting with Xi again and talking about legitimate differences we have, but also how … to get along.”
U.S. defense officials say Chinese officials have refused phone calls since Blinken canceled a planned trip to Beijing in February due to the Chinese spy balloon. Beijing asserts it was a weather balloon.
Chinese Defense Minister Li Shangfu also declined to meet with U.S. Secretary of Defense Lloyd Austin at the Shangri-La Dialogue in Singapore earlier at the start of the month, with Li instead using the forum to accuse the United States of “double standards.”
There have been recent high-level contacts, including a trip to China by CIA chief William Burns in May, a visit to the U.S. by China’s commerce minister, and a meeting in Vienna Austria between Wang and Biden’s national security adviser Jake Sullivan.
Reuters news agency quoted a senior State Department official as telling reporters during a refueling stop in Tokyo that Washington and Beijing understood they needed to communicate more.
“There’s a recognition on both sides that we do need to have senior-level channels of communication,” the official said.
“That we are at an important point in the relationship where I think reducing the risk of miscalculation, or as our Chinese friends often say, stopping the downward spiral in the relationship, is something that’s important,” the official said.
“Hope this meeting can help steer China-U.S. relations back to what the two Presidents agreed upon in Bali,” tweeted Chinese assistant foreign minister Hua Chunying.
Biden and Xi met face-to-face on the sidelines of a summit of the Group of 20 major economies in November and agreed to try to restore dialogue despite sharp differences.
The two leaders have opportunities to meet later this year, including at the G20 leaders’ gathering in September in New Delhi and at the APEC summit in November in San Francisco.
Myanmar’s ousted president is being treated for an unspecified disease at Bago region’s Taungoo Prison, sources close to Win Myint and the prison told RFA on Monday.
Win Myint was arrested shortly after the Feb. 1, 2021 coup and has been sentenced to 12 years in prison in connection with eight cases brought against him by the junta regime.
A source close to the former president said a doctor was called in this month and fitted a urinary catheter.
“We don’t know what the cause of the disease is. We only know that a doctor from an outside hospital came to the cell where he is being held and inserted [a catheter],” said the person, who declined to be named for safety reasons.
Another source, who also requested anonymity, confirmed the doctor’s visit and said that Win Myint was “recovering” although he didn’t specify the illness.
The date of the doctor’s visit is also unclear due to problems receiving information on prisoners, although reports emerged on June 17.
RFA contacted Deputy Director General of the Prisons Department Naing Win but nobody responded to phone calls and emails.
Win Myint, 72, is a lawyer, and a member of the now-dissolved National League for Democracy since the party’s formation in 1988. He won three seats for the party in the 1990, 2012 and 2015 elections and served as Speaker of the House of Representatives from 2016 to 2018.
On March 28, 2018 he received the most votes in parliament’s presidential election and became the tenth president of Myanmar until his arrest. He still serves as president of the shadow National Unity Government, although the NUG’s acting president is Duwa Lashi La.
The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.
VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) — Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) would like to provide its outlook on the significant price increase observed in the uranium market. The spot price of U3O8 uranium has surged more than 120% since the beginning of 2020.
The Company acknowledges the positive impact of this price upturn, which reflects the growing global demand for clean and sustainable energy sources. As the international community focuses on transitioning towards a low-carbon future, nuclear energy remains pivotal in meeting the world’s increasing energy needs while reducing greenhouse gas emissions. This renewed interest in nuclear power has spurred a strong demand for uranium.
Kiplin believes that the recent surge in uranium prices indicates favourable market conditions and affirms the potential and importance of the uranium sector. As a company specializing in uranium exploration, this trend bolsters our confidence and highlights the attractiveness of our Cluff Lake Road (CLR) uranium project in Saskatchewan.
The Company’s exploration efforts in the Athabasca Basin have been guided by the understanding that uranium is vital to the world’s clean energy future. The recent price surge reinforces our conviction in the long-term prospects of the uranium market and strengthens our commitment to advancing our Cluff Lake Road and delivering value to our shareholders.
Dr. Peter Born, Director of Kiplin, commented, “The substantial increase in the price of uranium demonstrates the growing recognition of nuclear power as a key solution for achieving sustainable energy goals. At Kiplin, we are well-positioned to capitalize on this positive market sentiment. We will continue our diligent exploration efforts, leveraging the rising uranium price to maximize the value of our assets and contribute to the global clean energy transition.”
Kiplin remains focused on advancing the Cluff Lake Road project and is committed to responsible exploration and development practices. The Company is committed to upholding the highest environmental and social standards as it contributes to the growth and sustainability of the uranium industry.
About Kiplin Metals Inc. Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery o production, allowing Kiplin to achieve exceptional shareholder value through the entire life-cycle of mining.
Cluff Lake Road Uranium Project.Kiplin has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”). The CLR Project covers ~531 ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries have been made, including the Arrow and Triple R Uranium deposits. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
