Insider Doubts and Disappearing Domain Spark Concerns in 402bridge Security Incident

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Insider Doubts and Disappearing Domain Spark Concerns in 402bridge Security Incident

Bitget-RWA2025/10/28 04:38

By:Bitget-RWA

- SlowMist warns 402bridge breach may involve insiders; domain 402bridge.fun registered two days before incident now inactive, raising questions about scale and actors. - Fortinet faces class-action lawsuit over alleged misrepresentation of firewall upgrade program, admitting inability to predict upgrade needs. - Coinbase acquires Echo for $375M, while blockchain startups secure $587.92M in funding, signaling investor confidence despite market volatility. - Microsoft issues emergency patch for critical Win

The SlowMist Team has alerted the public to the possibility of insider participation in the recent 402bridge theft, a platform operating on blockchain technology. The cybersecurity company pointed out that the domain 402bridge.fun, which was registered just two days before the theft, is no longer active. This situation brings up concerns about the extent of the breach and who may be responsible.

Insider Doubts and Disappearing Domain Spark Concerns in 402bridge Security Incident image 0

At the same time, the business world is experiencing ongoing instability, as

Fortinet

Inc. (NASDAQ:FTNT) is now

facing a class-action lawsuit

due to accusations of misleading statements about its product upgrade timeline. The lawsuit alleges that company leaders exaggerated the revenue prospects of a FortiGate firewall upgrade initiative, resulting in investors being misled between November 2024 and August 2025. During an earnings call in August 2025, the company acknowledged it was unable to precisely estimate how many devices would need upgrades, casting doubt on previous optimistic forecasts.

Elsewhere, the Trump administration has ramped up its international engagement, with President Donald Trump undertaking a prominent visit to Asia and the Middle East.

ThinkCareBelieve's Week 40 analysis

of his term points to a rise in law enforcement activities, such as drug seizures and the dismantling of criminal organizations. The administration also contended with a 25-day government shutdown, but anonymous contributions have helped ease some of the financial burden on military operations.

Meanwhile, the cryptocurrency industry continues to drive technological advancement.

Coinbase's acquisition of Echo

for $375 million highlights the company's determined push to broaden its on-chain investment offerings. This week, Pave Bank and other blockchain firms attracted $587.92 million in venture capital, demonstrating sustained investor trust despite ongoing market fluctuations.

International tensions remain high, especially in Southeast Asia and Eastern Europe. A recent ceasefire between Thailand and Cambodia, partly facilitated by Malaysian Prime Minister Anwar Ibrahim, has brought renewed attention to the region's delicate peace. In a separate incident, Russia's Belgorod region

reported damage to a dam

following a Ukrainian attack, leading to evacuation warnings in nearby border communities. Kyiv has yet to issue a statement regarding the event.

Within the United States, airlines are still grappling with economic difficulties. Texas-based charter carrier Kachina Air

filed for Chapter 11

bankruptcy protection on October 24, adding to the list of regional airlines that have failed in 2025. Escalating fuel expenses and mounting debt have worsened the situation, with companies like Verijet and Ravn Alaska already selling off assets.

Cybersecurity in technology remains a pressing issue, as Microsoft

issued an emergency update

to fix a severe Windows security flaw. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) cautioned that systems lacking this patch are vulnerable to remote code execution, urging organizations to install the October 23 update without delay.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bitget-RWA•2025/10/31 12:36

Senate Pushes Forward with Cryptocurrency Legislation Despite Shutdown as 2026 Approaches

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Bitget-RWA•2025/10/31 12:36

Public-Private Crypto Task Force Blocks $300 Million Across 23 Regions

PBoC’s Digital Yuan Center Aims to Challenge the Dollar’s Leading Role in International Transactions

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Bitget-RWA•2025/10/31 12:36

PBoC’s Digital Yuan Center Aims to Challenge the Dollar’s Leading Role in International Transactions

Meta's drive into AI brings to mind the dangers of excessive dark-fiber expansion seen in the 1990s

- BofA analysts warn the 2025 market risks focus on capital-intensive sectors, with Meta's $30B bond sale and $27B Blue Owl partnership exemplifying AI infrastructure bets. - Meta's Q3 revenue rose to $51.2B but net income fell 83% due to $15.9B tax charges and soaring AI costs, despite CEO Zuckerberg's long-term AI vision. - The SPV financing model used for Meta's Hyperion data center draws comparisons to 1990s dark-fiber overbuild risks, as AI spending reaches $400B industry-wide this year. - Reality Lab

Bitget-RWA•2025/10/31 12:14