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In-Depth丨AI Dividends, Social Engineering Hunting, and Trust Hijacking: Who Is Hunting Web3 in the Shadows?
As AI fundamentally changes the economics of attacks, and attackers shift their targets from code to people... Written by: ChandlerZ, Foresight News In the first half of 2026, there were 344 security incidents in the crypto space, with cumulative losses of approximately $1.32 billion. According to the Hack3d report released by CertiK in July, the number of security incidents in the first half of the year also increased by 28% year-over-year compared to 2025. The number of security incidents in Q2 surged significantly from 145 last year to 194, a 34% year-over-year increase. The median loss per incident also rose sharply by 60.6% year-over-year, reaching about $169,000, indicating that even routine small to medium attacks are causing significantly greater damage per incident. On a comparable basis, the $1.32 billion loss in the first half of 2026 is actually about 28% higher than the same period last year. Data source: CertiK It is worth noting that incidents causing major asset losses are increasingly concentrated at the operational level, with attackers tending to target operational areas such as key management, identity credentials, and supply chains. Although these types of attacks are not the most numerous, once critical permissions are breached, they often directly impact core project assets, making them more likely to cause significant financial losses. On April 1, 2026, one of Solana's largest perpetual contract platforms, Drift Protocol, was
🤔 Trader Kimchi proposed 1.35 billion PUMP in the past 3 hours, valued at 6.43 million USD
According to monitoring by @ai_9684xtpa, the well-known Solana trader Kimchi, rumored to have profited over 40 million USD on TRUMP, proposed 1.35 billion PUMP in the past 3 hours, valued at 6.43 million USD.
Today, the market cap of his eponymous token Kimchi once reached 40 million USD, with him holding 75.32% of the total supply of the token.
@Pumpfun co-founder @a1lon9 confirmed the cooperation between the two, stating that Kimchi is assisting





🤨The flashy influencer kimchi's related wallets are involved in multiple token issuances, bundled transactions, and Rug Pulls
According to on-chain analyst @SpecterAnalyst's monitoring, the flashy influencer @kimchi1x, rumored to have "profited over 40 million USD from TRUMP," has wallets involved in multiple token issuances, bundled transactions, and Rug Pulls.
Analysis shows that their wallet and associated clusters repeatedly bought tokens within a very short time after deployment and then sold them at high prices. For example: On May 30, 2024, the STAR token was deployed and within the same minute, 2.96 SOL (about 407 USD) was bought, later sold for about 45,600 USD; on June 11, the DADDY ANSEM token was bought 2 minutes after deployment for 4.94 SOL (about 730 USD), later sold for about 14,600 USD; on June 26, MUVA was bought 1 minute after deployment for 2.9 SOL (about 407 USD), later sold for about 53,000 USD.
Additionally, Specter stated that no verifiable evidence was found that kimchi "profited over 40 million USD from TRUMP."
Trader Kimchi proposed 1.35 billion PUMP in the past 3 hours, worth 6.43 million USD
Foresight News reports that according to monitoring by @ai_9684xtpa, the well-known Solana trader Kimchi, rumored to have profited over 40 million USD on TRUMP, proposed 1.35 billion PUMP in the past 3 hours, valued at 6.43 million USD. Today, his eponymous token Kimchi's market cap once reached 40 million USD, and he personally holds 75.32% of the token's total supply. pump.fun co-founder @a1lon9 confirmed the cooperation between the two, stating that Kimchi is helping pump.fun.
Arkansas, USA, requires the appellate court to reinstate cryptocurrency mining restrictions on foreign investors
Foresight News reports, according to Bloomberg Law, that Arkansas and its Oil and Gas Commission urged the U.S. Eighth Circuit Court of Appeals on Tuesday local time to overturn a lower court's injunction in order to reinstate the enforcement of a state law restricting foreign investors from holding equity in cryptocurrency mining enterprises. Arkansas passed the relevant law in 2024, prohibiting citizens or companies from countries subject to U.S. State Department arms export controls from hold
Crypto PAC Fairshake holds over $95 million in funds as of the end of September, preparing for the U.S. midterm elections
Foresight News reports that according to POLITICO, U.S. federal campaign finance documents show that the cryptocurrency industry's Super PAC Fairshake and its affiliated organizations still hold over $95 million as of the end of September, which can be used to support crypto-friendly candidates in the 2026 U.S. midterm elections.
Fairshake's main financial backers include Coinbase, Ripple, and venture capital firm Andreessen Horowitz (a16z). The organization encompasses three political action c
Project Eleven partners with Relm Insurance to explore the impact of post-quantum security on digital asset insurance pricing
Foresight News reports that post-quantum security company Project Eleven announced that Relm Insurance will participate as a development partner in its institutional custody product Strongpoint. The two parties will explore how to assess institutions' post-quantum security control measures in digital asset insurance underwriting, with research covering key exposure, signature systems, transaction approvals, migration readiness, and third-party dependencies.
The Digital Renminbi Operation and Management Center announces the infrastructure service system, launching the central bank-end system and smart contract ecosystem service framework
Foresight News reports that, according to Xinhua News Agency, the Digital Renminbi Operation and Management Center has publicly released the Digital Renminbi infrastructure service system, launching two core achievements: the central bank-side Digital Renminbi system (DCEPS) and the Digital Renminbi smart contract ecological service framework (e-CNY SMART Contract).
Crypto tax filing errors? New US legislation may provide a remedy pathway
Eligible taxpayers can receive penalty relief.
Written by: Christina Comben
Translated by: Chopper, Foresight News
The U.S. Congress is advancing a bill that could bring a breakthrough for crypto investors who failed to report crypto transactions in previous years.
Section 502 of the Digital Asset Tax Certainty Act (H.R. 10357) proposes authorizing the U.S. Treasury Secretary to establish a voluntary digital asset disclosure program within 12 months after the bill takes effect. Eligible t
🧐 Hok Seng Ling, a person associated with the Qian Zhimin money laundering case, has paid about £5.6 million to the UK government
According to the Daily Mail, Hok Seng Ling, a 48-year-old Malaysian man linked to the Qian Zhimin money laundering case, has paid about £5.6 million (approximately $7.48 million) to the UK government.
The Crown Prosecution Service (CPS) disclosed through a freedom of information request that it has fully recovered the £5,603,305 in assets ordered confiscated by the court plus an additional £1,990 in interest, most of which were cryptocurrencies seized at the time of his arrest.
Hok Seng Ling once served as Qian Zhimin's "butler," assisting in money laundering and evading police investigations by booking accommodations and arranging support personnel. He was previously sentenced to 4 years and 11 months in prison after admitting to money laundering.
Meanwhile, the ownership of approximately 61,000 BTC seized by UK police in the Qian Zhimin case remains legally disputed. This batch of Bitcoin is currently valued at about £3.8 billion. Last week, the UK High Court ruled that the claims of Chinese victims should be governed by Chinese law but has not yet decided the final ownership of the Bitcoin. Victims still need to prove their legal rights to the related assets under Chinese law, and the UK court will conduct further hearings thereafter.



🧐 The UK High Court rules that the case of Qian Zhimin involving 61,000 bitcoins is subject to Chinese law for recovery, victims may miss out on huge appreciation gains
According to Caixin, on October 12, the UK High Court made a ruling on the cross-border asset recovery dispute involving over 61,000 bitcoins in the Tianjin Lantian Gerui illegal fundraising case.
The judgment shows that the UK High Court determined that the property rights claims made by Chinese investors regarding the bitcoins involved should be judged according to Chinese law rather than UK law.
This means that about 16,000 Chinese victims participating in the UK recovery proceedings may not be able to share in the appreciation gains brought by the rise in bitcoin prices, and the scope of recovery may be limited to principal and interest only.
Previously, Qian Zhimin purchased bitcoins through Huobi in 2014 at an average price of about ¥2815 RMB. Since then, the price of bitcoin has risen sharply.
Hok Seng Ling, a person associated with Qian Zhimin's money laundering case, has paid about £5.6 million to the UK government
Foresight News reports, according to the Daily Mail, that Hok Seng Ling, a 48-year-old Malaysian man linked to the Qian Zhimin money laundering case, has paid approximately £5.6 million (about $7.48 million) to the UK government. The Crown Prosecution Service (CPS) disclosed through a freedom of information request that it has fully recovered the court-ordered confiscation of £5,603,305 in assets plus an additional £1,990 in interest, most of which were cryptocurrencies seized at the time of his
A certain whale transferred the last 1000 coins to the exchange 9 hours ago, suspected of liquidating ETH held for nine years
Foresight News reports that according to monitoring by @ai_9684xtpa, an address starting with 0x1ec is suspected of liquidating ETH held for nine years. Nine years ago, this address withdrew 3,000 ETH from Gemini, which was worth only $56,400 at the time, with an average cost as low as $18.82; the holdings remained for many years until August 2025 when it began to recharge the exchange in batches. The last 1,000 ETH was deposited 9 hours ago, with an average recharge price of $2,874.17. If sold,

