Gate.io, a centralized crypto exchange, has issued a warning of legal action against those spreading rumors of bankruptcy without any concrete source. The rumors began circulating in May, with speculation linking Gate.io to the troubled cross-chain protocol Multichain. Multichain has been experiencing technical difficulties since May 24, with rumors circulating that the protocol's leadership had been arrested and over $1.5 billion in smart contract funds seized by Chinese authorities. Despite reports of traders withdrawing funds, Gate.io's trading volume has remained relatively steady, with its native token GateToken ($GT) currently trading at $4.29.
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Gate.io Threatens Legal Action Against Bankruptcy Rumors Amid Multichain Turmoil
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Cosine: After a user used GPT to write a bot with a backdoor code, the private key was sent to a phishing website
SlowMist Yu Xian stated in a post on the X platform that a user used GPT to write a bot with code and sent the private key to a phishing website. The reason why the private key was stolen was because it was directly sent to the phishing website in the HTTP request body. Yu Xian reminded that when using LLM such as GPT/Claude, one must pay attention to the common fraudulent behavior of these LLM. It was previously mentioned that AI poisoning attacks were carried out, and now this is a real attack case targeting the crypto industry. -
Polymarket Blocks French Users Amid Government Investigation into Gambling Law Compliance
Polymarket has blocked users from France following reports of an investigation by the country's gaming authority for compliance with gambling laws. The ban was not stated in Polymarket's terms of service, but French users attempting to access the website using a VPN from a French server were met with a digital blockade. The ANJ, France's national gaming authority, began investigating Polymarket after a French trader placed large bets on Donald Trump winning the 2024 US Presidential election. -
Texas judge tosses out SEC's expanded 'broker' rule, which broke with 90 years of legal tradition to rope in crypto traders
A Texas court has order the U.S. Securities and Exchange Commission to throw out a controversial rule that broadly redefined the term “dealer” in a move that impacted both crypto-focused and traditional finance firms.
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Trump Media hints at crypto trading, payments in TruthFi trademark filing
The new trademark filing from Trump Media and Technology Group mentions digital wallets, cryptocurrency payment processing services, and a digital asset trading platform.
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Exness wins “Best Retail FX Broker” at Finance Magnates London Summit 2024
Exness’ participation at FMLS:24 highlights its commitment to advancing the B2B space.
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Sui Network is back up after facing 'major outage' for nearly two hours
Sui Network was down for nearly two hours due to “a bug in transaction scheduling logic.” A fix was issued, and the network is now back up.
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Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, was expelled from the party and removed from public office for allegedly u
the Discipline Inspection and Supervision Team of the Central Commission for Discipline Inspection and the National Supervision Commission stationed in the China Securities Regulatory Commission and the Supervision Commission of Shantou City, Guangdong Province, recently conducted disciplinary review and supervision investigations into Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission and former director of the Information Center, for serious violations of discipline and law. -
SlowMist: Will help law enforcement agencies track down the stolen funds from DEXX. Currently, about 2,000 suspicious addresses have been roughly identified.
SlowMist announced on X platform that its team will assist law enforcement agencies in tracking stolen funds and analyzing related clues. A complete list of hacker addresses will soon be released with DEXX. Currently, about 2,000 suspicious addresses have been roughly identified. -
DEXX: If all assets are recovered, full compensation will be given immediately
DEXX, the on-chain trading terminal, has released an update regarding the previous security incident. DEXX has officially filed a lawsuit and the SlowMist team is actively assisting law enforcement in the follow-up investigation. At the same time, DEXX is actively discussing compensation plans. Regarding compensation: -
SlowMist: DEXX incident has identified more than 900 victims, with total losses estimated at $21 million
blockchain security company SlowMist announced that as of November 18th, the DEXX incident report has been updated: more than 1,100 reports of funds being stolen have been received from the community. After removing duplicate reports, it has been confirmed that there are more than 900 victims, with a total estimated loss of $21 million (affected by price fluctuations). Loss details (so far):
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