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Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit

Some Multichain contracts on Ethereum suffered withdrawals of more than half of their deposits, causing on-chain sleuths to fear an exploit is underway. Source: https://cointelegraph.com/rss Multichain MPC bridge sees 0M+ outflows, sparking fears of exploit

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Binance's top strategist confirms departure amid reports of US resignations

Patrick Hillmann confirmed in a tweet that would be departing the company “on good terms” after a two-year stint. The departure comes amid a trying time for Binance. Source: https://cointelegraph.com/rss Binance's top strategist confirms departure amid reports of US resignations

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Gaining speed on tokenization is vital for UK’s financial future, banking group warns

UK Finance says it’s not too late for the United Kingdom to make up for other jurisdictions’ faster start to securities tokenization, and the country better do it if it wants to remain a global financial leader. Source: https://cointelegraph.com/rss Gaining speed on tokenization is vital for UK’s financial future, banking group warns

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French Assembly passes bill allowing police to remotely activate phone cameras and microphones for surveillance

French law enforcement may soon have far-reaching authority to snoop on alleged criminals. Lawmakers in France's National Assembly have passed a bill that lets police surveil suspects by remotely activating cameras, microphones and GPS location systems on phones and other devices. A judge will have to approve use of the powers, and the recently amended […]

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Twitter threatens to sue Meta over the new Threads app

Twitter isn't exactly happy about Meta's Threads app, a new text-based Instagram sibling. As Semafor reports, Twitter has threatened legal action against Meta, accusing it of poaching former employees and unlawfully misappropriating trade secrets and intellectual property. “Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop […]