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On August 19, the KITE Foundation published an update on the handling of the KITE token security incident and the progress of the contract migration. The team has deployed a new KITE ERC-20 contract on the Ethereum mainnet, maintaining the total token supply. Legacy KITE tokens will be migrated to the new KITE at a 1:1 ratio, with addresses confirmed to be controlled by the attacker excluded from receiving new tokens. The migration snapshot is based on the Ethereum mainnet block height of 25,692,498 (mined on August 6, 2026, at 09:05:23), and the new contract has completed an independent third-party security audit. For regular self-custody wallet (EOA) users, the team will directly distribute new tokens to the original addresses based on the snapshot, requiring no manual exchange, connection to migration websites, or authorization of smart contracts. Exchange users will not need to submit migration forms or perform any on-chain operations; the migration will be coordinated between the exchanges and the KITE team, with exchanges updating their systems according to their respective schedules and gradually restoring KITE deposits and withdrawals. Cross-chain channels will remain paused until the migration and verification are completed, and liquidity for the new tokens will resume afterward. The team also warns the community to be vigilant against potential impersonation customer service, phishing links, and fake airdrop pages during the migration period, emphasizing that the official team will never ask for mnemonic phrases, private keys, passwords, two-factor authentication codes, or API keys, nor will they request payment for migration fees. The new contract address and migration progress will only be published through official channels.

On August 19, YuTree Technology officially debuted on the STAR Market, with its stock price soaring on the first day. The company issued shares at 150.80 yuan each, closing at 845 yuan per share, resulting in a total market capitalization exceeding 340 billion yuan. Based on his shareholding ratio, founder Wang Xingxing, born in 1990, holds shares worth over 100 billion yuan. Wang's rise does not follow the traditional entrepreneurial path familiar in capital markets. Lacking a prestigious academic background and initial attention in the robotics industry, he resembles an engineer deeply immersed in technology research and development. From his student days, Wang developed a strong interest in robotics. During college, he developed bipedal and quadrupedal robots at a low cost, and during his master's program, he launched the all-electric quadrupedal robot XDog, reducing R&D costs through electric drive solutions. In 2016, a test video of XDog went viral overseas, leading to his first investment of 2 million yuan at the age of 26, after which he left DJI to establish YuTree Technology. In the early days of entrepreneurship, the robotics sector had not yet become a hot topic, and YuTree faced financial pressures. In 2017, the company released its first quadrupedal robot, Laikago, but the path to commercialization was challenging. Investors expressed concerns about Wang's 'grassroots background,' yet his focus on technology, product quality, and cost control gradually gained market recognition. With advancements in artificial intelligence and the rise of humanoid robots, YuTree experienced rapid growth. The humanoid robot dance performance at the 2025 Spring Festival Gala brought YuTree into the public eye, leading to heightened interest from industrial capital and the market. Despite the external acclaim, Wang maintains an engineer's demeanor. He has stated that technological breakthroughs in robotics require time and that excessive hype can pressure the industry. He prioritizes product development and commercialization over capital and brand exposure. Currently, YuTree has established a product system for quadrupedal and humanoid robots, launching products like the humanoid robot G1. With the company's listing, Wang now faces new challenges: transitioning from a technical expert to a corporate manager and maintaining a competitive edge in an increasingly crowded robotics industry. From initially manufacturing robots at low costs to now steering a company with a market value of over 100 billion yuan, Wang Xingxing is undergoing a transformation from a tech entrepreneur to a business leader.

On August 19, according to monitoring by GoPlus, the VSCode extension Solidity Pro was previously poisoned, with historical versions possessing malicious capabilities such as data theft and remote execution. Developers are advised to immediately check the related extensions they have installed and to be vigilant regarding third-party plugins.