Tuesday, April 30, 2024
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Multichain team cannot locate CEO, halts service for affected chains

Cross-chain protocol Multichain revealed on May 31 that its team has been unable to contact its CEO, Zhaojun, fueling rumors that the protocol’s leadership may have been arrested in China amid ongoing technical issues. “The team has done everything possible to maintain the protocol running, but we are currently unable to

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ParaSpace team clashes with CEO over alleged whereabouts of protocol funds

On May 10, nonfungible token (NFT) financialization protocol ParaSpace published several alleged irregularities tying its CEO, founder and chief technology officer Yubo Ruan to the mismanagement of funds equaling 2,909 Ether (ETH) recovered through a white hat interception that occurred on March 18. Ruan denied any wrongdoing, writing: “Manufacturing claims

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ChatGPT and AI the newest vector for malware: Meta security team

Artificial intelligence tools, such as ChatGPT, have become the latest way for “bad actors” to distribute malware, scams and spam — research from Meta’s security team warns.A May 1 research report from Facebook parent Meta’s security team found 10 malware families posing as ChatGPT and similar artificial intelligence tools in

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Former Signature Bank Crypto Payments Chief, 4 of His Team Join Fortress Trust

Seibert, who is now managing director of the Fortress digital assets business, is working with part of the Signature Bank risk and compliance team and crypto payments specialists, to help exchanges, over-the-counter (OTC) desks and others in the industry solve their post-Signature/Silvergate fiat settlement at Fortress, he told CryptoX. Source

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China and Singapore team up to scale green and transition financing

Major Asian economies, China and Singapore, have set up a task force to deepen bilateral cooperation in green and transition finance. The move is aimed at facilitating greater public-private sector collaboration for a low-carbon future in the region. The Monetary Authority of Singapore (MAS) announced the collaboration with the People’s Bank

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SafeMoon hacker agrees to return 80% of stolen funds, says development team

The attacker who drained $8.9 million of Binance Coin (BNB) from SafeMoon has agreed to return 80% of the funds, according to an April 18 blockchain message from the SafeMoon team.Breaking News: #SafeMoon has struck a deal with the “hacker”80% LP return imminent. 20% bounty for “hacker”And no charges pressedNow,

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