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U.S. Disrupts Xinbi Guarantee Scam Marketplace, Freezes $52.8 Million in Crypto

US DOJ and Treasury disrupt Xinbi Guarantee Telegram scam marketplace, sanctioning it and freezing $52.8M in USDT across 52 wallets.

The DOJ seized Xinbi Guarantee's Telegram channels and cryptocurrency wallets while OFAC sanctioned the marketplace, freezing $52.8 million in USDT from 52 wallets and bringing the Scam Center Strike Force's total restrained funds to roughly $938 million. Elliptic, which worked with the Secret Service, estimates Xinbi has processed $30 billion in transactions since around 2022, serving pig-butchering scam operators and links to North Korean hackers, Jin Bei Group, and Prince Group TCO. The strike force dismantled 13 scam compounds in Madagascar, seizing over 3,200 devices and interviewing roughly 400 arrestees, with about 30 Chinese compound leaders repatriated to China. After Tether froze funds, Xinbi began converting remaining USDT into the USDD stablecoin.

The Hacker NewsSep 9, 18:26 UTC · 7d agoPolicy & legal

DeepSeek-v4.1 Flash: Pushing the Limits of KV Cache Compressionnew

DeepSeek-V4.1 Flash is a 552B-parameter multimodal MoE model with 1M-token context achieving 4x KV cache compression for long-horizon agent workloads.

A detailed analysis of the DeepSeek-V4.1 Flash technical report describes a 552B-parameter multimodal mixture-of-experts model supporting contexts up to 1 million tokens. Its Causal Encoder-Decoder (CED) architecture activates 8B parameters during prefill and 16B during decode, and reportedly delivers about 420 tokens/s. Joint optimization of architecture (CSA2 cross-layer compression), FP4 KV cache precision, and deployment strategy cuts runtime KV cache to roughly 1/4 and persistent KV cache to about 1/8 of DeepSeek-V4-Flash at the same sequence length, targeting storage and bandwidth bottlenecks in long-horizon agent serving. The author notes all DeepSeek-V4 Pro models were taken offline following the release.

Hacker News · AI01:39 UTC · 2h agoModel release 4 sources HN 41↑ · 3 comments

Cognition launches new SWE-2 model, Rivaling Fable 5.1 and GPT-Astra

Cognition released SWE-2, a coding model post-trained from Kimi K3 that scores 50.0% on FrontierCode 1.1 Main, near Fable 5.1 at 64% lower cost.

Cognition introduced SWE-2, its most advanced coding model, post-trained from the 2.8T-parameter Kimi K3 base model. It achieves 50.0% on FrontierCode 1.1 Main, 73.0% on DeepSWE 1.1, and 92.8% on Terminal-Bench 2.1, beating Grok 4.6 and SWE-1.7 while matching Fable 5.1 and GPT-5.6 Sol at a fraction of the price. The company says it scaled reinforcement learning to the multi-trillion-parameter regime for the first time, using Pareto-informed cost penalties that train all reasoning-effort levels in a single run, tripled RL environments, and NVFP4/FP8 quantization-aware training. SWE-2 is available today in Devin Desktop and CLI, with rollout on Devin Web and Fusion.

Hacker News · AIupdated Sep 12, 20:00 UTC · 4d agofirst Sep 10, 15:29 UTC · 6d agoModel release 11 sources HN 58↑ · 15 comments1

Expanding AI access and cyber defense for federal, state, local, and tribal governments

OpenAI and GSA agreed to provide ChatGPT to federal, state, local, and tribal governments with $0 licenses, 50% off usage, and cyber-defense access.

OpenAI for Government and the U.S. General Services Administration announced a 27-month agreement (October 1, 2026 through December 31, 2028) waiving the $15 per-user monthly license fee and cutting usage costs 50% for federal, state, local, and tribal agencies. More than one million government employees already have ChatGPT access, with eligibility extending across a roughly 23 million-person U.S. public-sector workforce. Every verified government entity is approved for Daybreak Blue cyber-defender access at 50% off, with Daybreak Red available for vulnerability research, exploit validation, and red teaming at standard pricing. The deal builds on the $1 billion Daybreak for Frontline Defenders commitment announced the prior week.

OpenAI Newsupdated Sep 10, 18:25 UTC · 6d agofirst Sep 10, 07:00 UTC · 6d agoAI industry 3 sources1

deepseek-ai/DeepSeek-V4.1-Flash — new model trending #28 on Hugging Face

DeepSeek releases DeepSeek-V4.1-Flash, a 552B-parameter multimodal MoE model with 1M-token context and KV cache cut to 890 bytes per token.

DeepSeek-V4.1-Flash is a multimodal Mixture-of-Experts model with a 552B-parameter backbone that activates 8B parameters per token during prefill and 16B during decode. It uses a Causal Encoder-Decoder architecture, Compressed Sparse Attention 2, and FP4 KV caching to reduce the global KV cache footprint to 890 bytes per token, roughly one quarter of DeepSeek-V4-Flash. The model was trained from scratch on 45T tokens with context extended to 1M tokens, includes an Engram conditional-memory module (196B parameters), and is released under the MIT license. Post-training uses SFT, RL, and on-policy distillation with large-scale automated synthesis of agentic tasks and a controllable reasoning effort setting from 1 to 100.

Hugging Face trending modelsSep 10, 02:17 UTC · 7d agoModel release1

IFM/K2-Horizon-MoVA-36B-A4B — new model trending #15 on Hugging Face

IFM released K2-Horizon-MoVA-36B-A4B, an open-weights 36B-parameter MoE model with 4B active parameters and native 512K context.

IFM released the final checkpoint of K2-Horizon-MoVA-36B-A4B, a sparse Mixture-of-Experts model using Mixture-of-Values (MoVA) attention with 36B total and 4B active parameters. The model supports native 524,288-token context and reportedly outscores open-weight dense and MoE models up to 15x its size on agentic and reasoning benchmarks, while competing against closed frontier models. Intermediate checkpoints, training data, the training recipe, and training code are slated for public release.

Hugging Face trending modelsSep 1, 23:01 UTC · 15d agoModel release

Eight years later, federal authorities re-up charges against alleged Iranian hackers at Mabna Institute

US prosecutors unsealed a superseding indictment charging 17 Iranians in the Mabna Institute's state-sponsored theft of 31.5 terabytes from universities and companies.

The superseding indictment unsealed in the Southern District of New York charges 17 people affiliated with Tehran's Mabna Institute, adding eight defendants to the 2018 indictment of nine. The institute allegedly compromised over 100,000 professor email accounts worldwide, including 8,000 accounts at 144 US universities, and stole at least 31.5 terabytes of academic journals, dissertations, and e-books. US universities spent approximately $3.4 billion procuring the stolen data, and victims also included at least five federal and state agencies, 42 US companies, and 11 foreign companies including HBO. The State Department's Rewards for Justice program is offering up to $10 million for information on four of the defendants.

CyberScoopAug 18, 20:13 UTC · 29d agoPolicy & legal