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Foresight News reported that Sui Developers tweeted that the new Sui virtual machine has been launched for testing, and the bug bounty program has been opened simultaneously. The new virtual machine features a complete rewrite of the execution engine, a faster caching mechanism, and a next-generation Move language upgrade.

BlockBeats News, March 17, Security Reminder: The Cysic Foundation account published a fake Solana on-chain token CA one minute ago. Users are advised to carefully identify and protect their assets. This morning, Cysic officially stated that the @cysic_fdn Foundation account has been compromised. The team is revoking related access permissions and restoring account security.

Odaily reported that Canaan released its financial report for Q4 and the full fiscal year 2025. The total annual revenue reached $688 million, with 6,594.6 bitcoins produced, and positive EBITDA achieved for the year. Q4 total revenue was $179 million, with 1,718.3 bitcoins produced, and the average effective hash rate for the year was 90.3%. The net loss in the financial report mainly stemmed from a one-time book loss due to the divestment of its China business and a revaluation loss of equity acquisition consideration caused by the rise in stock price. Regarding the balance sheet, the company sold 4,451 bitcoins in February, using approximately $305 million in proceeds to repay bitcoin-collateralized loans to reduce financial leverage. The company expects to receive about $75.5 million in new capital injection soon, including $10.5 million from shareholders and $65 million from the chairman and directors of the company. In terms of AI business, Canaan has established a wholly-owned subsidiary, EcoHash Technology LLC, in Dallas, Texas, focusing on high-performance computing and AI inference business. Former Zoom infrastructure head Jack Jin has joined as CTO of the AI business. The company’s containerized modular GPU computing units have entered the deliverable stage, and the demo project has achieved break-even.