U.S. API Cushing Crude Oil Inventories for the week ending July 18

A Review and Reflection on the Pundi AI Delisting Incident from the Korean Exchange In mid-July, Pundi AI suffered a hacker attack, resulting in the abnormal issuance of 1 million tokens. After the incident, the team quickly took action to freeze and recover assets, ultimately managing to recover nearly 90% of the stolen funds and advance over a million dollars to fully compensate users. However, Pundi AI was notified by the Korea Digital Asset Exchange Association (DAXA) to be delisted from the Korean exchanges due to "untimely information disclosure." Key Timeline of Events: - March 2: Pundi AI announced a rebranding and token swap, at this time the hacker had already infiltrated but had not been discovered. - July 12: Hackers launched an attack, resulting in an abnormal issuance of 1 million tokens. On the same day, the team froze transfers and initiated tracking, and in the evening, the CEO disclosed the contract vulnerability to the community. - July 14: Disclosed the attack incident to the exchange.

Pundi AI encountered an abnormal issuance of tokens due to a hacker attack. The team successfully recovered nearly 90% of the stolen assets, but was delisted by the Korean exchange due to untimely information disclosure. Co-founder Danny Lim emphasized the importance of transparency and stated that the team will repurchase tokens and launch new products to enhance community trust, with future plans focused on decentralized exchanges and data assetization.

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The Pundi AI Token Theft Incident: A Dilemma Caused by Security Measures On July 12, Pundi AI suffered a hacker attack, resulting in the abnormal issuance of 1 million tokens. In response to this crisis, the team chose to first freeze, track, and recover the assets, and after ensuring the safety of the funds, disclosed the information publicly. Ultimately, nearly 90% of the stolen funds were successfully recovered and frozen, and over 1 million USD was advanced to complete full user compensation. However, Pundi AI was notified by major exchanges in South Korea to delist due to "untimely information disclosure." Event Key Timeline: - March 2: The brand was rebranded to PUNDIAI, the token was swapped to PUNDI, at this time the hacker had already infiltrated but was not discovered. - July 12: Hackers launched an attack, resulting in the abnormal issuance of 1 million tokens; transfers were frozen that day and tracking was initiated; in the evening, the CEO publicly disclosed the contract vulnerability to the community. - July 14: Disclosure of the attack to the exchange

Exclusive Interview with Pundi AI Co-Founder: Security Vulnerabilities, Delisting in South Korea, and New AI Data Business Recently, Pundi AI has attracted attention due to a hacker attack and its delisting from a major South Korean exchange. This article exclusively interviews Pundi AI co-founder Danny Lim, reviewing the events in detail and discussing the project's future development direction. Review of Security Vulnerability Incidents On July 12, Pundi AI suffered a hacker attack, resulting in the abnormal issuance of 1 million tokens. The hacker exploited a vulnerability in the token migration contract to gain administrative privileges during the deployment of the new contract in February. After discovering the anomaly, the team chose to quietly track and freeze the assets to avoid alarming the perpetrators. This strategy proved effective, successfully intercepting about 95% of the stolen assets. Ultimately, 87% of the assets were recovered, the project party bore nearly 2 million dollars in losses, and full compensation was provided to the users.