ChainCatcher news, according to businesswire, the decentralized, multi-agent AI orchestration platform Naptha AI announced the completion of a $6 million Pre-Seed funding round, led by Arche Capital and Cyber Fund, with participation from Seed Club Ventures, Polymorphic Capital, GnosisDAO, Halo Capital, and others.It is reported that Naptha AI provides developers with a platform for building and deploying large collaborative intelligent agent systems. The platform will enable decentralized, multi-agent orchestration in a scalable, trustless, and collaborative environment, transforming the narrative of AI from a single entity to a dynamic, interconnected entity system.

ChainCatcher news, according to The Standard, a 16-year-old boy in the UK has been charged by Westminster Magistrates' Court with offenses including fundraising for terrorism, providing training, and possessing documents useful for terrorist purposes. Under the bail conditions, the boy must adhere to a curfew, avoid using social media, and limit the use of his laptop to educational purposes. A hearing regarding his case will take place on November 2 at the Central Criminal Court in the UK.

ChainCatcher news, according to Coinpost, the Japanese cryptocurrency industry plans to establish a cybersecurity organization "ISAC" within 2024 to address Bitcoin leakage incidents. The organization is led by the Japan Virtual Currency Exchange Association (JVCEA) and the Japan Crypto Asset Business Association (JCBA), aiming to share the latest information on cyber attacks and introduce external audit mechanisms to ensure the security of customer asset management.This initiative stems from the large-scale Bitcoin fraud incident that occurred at DMM in May 2024. The Financial Services Agency of Japan issued a business improvement order to DMM Bitcoin at the end of September, requiring JVCEA to issue a warning and conduct a self-examination of its response measures to leakage risks.

ChainCatcher news, according to Hong Kong media East Network reports, Hong Kong Cyberport disclosed that its community startups successfully raised over HKD 3.7 billion in funding in the year ending September 2024, an increase of 23% year-on-year. Recent high-profile financing completed by Cyberport companies includes KLOOK, Leapstack, Buy&ship, MediConCen, DeBox, among others, with a cumulative total of over HKD 41.2 billion in funding.In addition, HashKey Group, the second licensed virtual asset trading platform in Hong Kong, has become the eighth unicorn company in Cyberport, reflecting the investment potential of Web 3.0 technology applications attracting investor support, as well as the effectiveness of Cyberport's efforts to promote the development of the Web 3.0 industry.Hong Kong Cyberport stated that the Cyberport Venture Capital Forum, CVCF, is scheduled to be held from October 24 to 25, focusing on how emerging technologies such as Web 3.0 and AI can help startups and investors break boundaries.

ChainCatcher news, according to information disclosed by the security company Ancilia, the cross-chain lending protocol Radiant Capital suffered a cyber attack in the early hours of October 17, resulting in losses exceeding $50 million. Radiant is controlled by a multi-signature wallet (referred to as "multisig"), and it is claimed that the attacker gained control of the private keys of multiple signers, subsequently taking control of several smart contracts.Arkham data shows that the suspect's wallet holds over $32 million in assets based on Arbitrum and approximately $18 million in BNB Chain tokens.

ChainCatcher news, the European Securities and Markets Authority (ESMA) stated on Wednesday that cryptocurrency companies should be required to undergo external audits of their network defenses, and urged lawmakers in Brussels to amend the region's flagship regulatory framework for the crypto industry to better protect consumers.The agency believes that stricter cybersecurity rules are an important component of the EU's regulation of the crypto asset market (MiCA), which will come into full effect in December.ESMA has been advocating for the inclusion of a requirement for cryptocurrency companies to have their ability to withstand cyberattacks audited by a third party, as the agency works to finalize the implementation of these rules. These rules were passed by EU lawmakers last year.However, the European Commission opposed this move, stating that ESMA is overstepping its authority and going beyond the legislative mandate. Both sides declined to comment.

ChainCatcher news, researchers from the cybersecurity company Checkmarx have issued a warning about a dangerous malware uploaded to the Python Package Index (PyPI) that steals private keys. According to the company, this malware was automatically uploaded by suspicious users through several different packages, designed to mimic decoding applications of popular wallets and other mainstream industry products like MetaMask, Atomic, TronLink, and Ronin.The malware is cleverly embedded in various parts of the packages. Since this malware appears to be harmless code, it is essentially undetectable. However, upon closer inspection, once an unsuspecting user calls specific functions embedded in the package, certain parts of the data will allow hackers to control cryptocurrency wallets and transfer funds.

ChainCatcher news, according to Jinshi reports, Tesla will launch the autonomous taxi CyberCab and the autonomous Model Y.Musk stated that we believe that over time, the operating cost of CyberCab could be around $0.20 per mile. Including taxes and fees, the final price could be $0.30 or $0.40 per mile. Therefore, we expect the cost to be below $30,000. Tesla may launch the fully autonomous driving (FSD) feature without supervision in Texas and California next year.Musk expects to start production of CyberCab in 2026, with very high production volumes before 2027.In addition, Tesla will also launch the Robovan (autonomous van), which can accommodate 20 people.

ChainCatcher news, according to CoinDesk, the United Nations Office on Drugs and Crime has called on Southeast Asian countries to classify unlicensed currency service businesses or virtual asset service providers (VASP) as criminal offenses. The agency stated in a report released on Monday that some VASPs (including those linked to known criminals) are facilitating transactions for fraud organizations and high-risk gambling websites.The report mentioned that an unnamed entity conducted "at least hundreds of millions of dollars" in transactions with criminal organizations. This includes groups associated with or directly involved in large-scale drug trafficking, human trafficking, cybercrime, and child sexual abuse materials, as well as entities sanctioned by the U.S. Office of Foreign Assets Control (OFAC) and wallets linked to North Korea's Lazarus Group.Masood Karimi-Pour, the regional representative of the Office on Drugs and Crime, stated in a declaration: "Governments need to recognize more than ever the seriousness, scale, and impact of this genuine global threat, and prioritize solutions to address the rapidly evolving criminal ecosystem in the region."

ChainCatcher news, the U.S. Attorney's Office stated in a release that Indiana man Evan Light pleaded guilty on Monday to charges of conspiracy to commit wire fraud and conspiracy to commit money laundering, and stole cryptocurrency worth over $37 million from nearly 600 victims.Court documents show that in February 2022, Light was involved in a cyber intrusion that targeted an investment holding company located in Sioux Falls, South Dakota. The documents also allege that Light was accused of stealing personal information, which he then used to steal assets from hundreds of victims.The statement said, "Under Light's control, the stolen cryptocurrency was subsequently transferred around the world, including to multiple mixing services and gambling websites, to conceal his identity and hide the virtual currency."

ChainCatcher news, Justin Bons, founder and Chief Information Officer of Cyber Capital, stated that the growth of Layer 2 projects is having a detrimental impact on the health of the Ethereum ecosystem. There are several things wrong with the decision to use L2 to scale Ethereum instead of focusing on the main chain. L2 leads to underutilization of the main chain, driving up ETH inflation, as the fees burned cannot curb inflation. The liquidity fragmentation in the L2 ecosystem exists in several unconnected isolated islands.Justin Bons said, "Scaling Ethereum will destroy all the capital and fees earned by Layer 2 networks because venture capital (VC) cannot take a cut from the scaling of a Layer 1 network. These 'parasites' distort public goods, turning them into a rent-seeking platform for the venture capital chain."Additionally, Bons criticized the value accumulation in these chains, which are not as decentralized or secure as the underlying Ethereum chain and may contribute to the theft of user funds and censorship of transactions.

ChainCatcher news, according to Cointelegraph, the on-chain project financing platform Legion announced the completion of a $2 million seed round financing, led by Cyber Fund, with participation from AllianceDAO, Delphi Labs, CoinGecko, Mike Dudas, Alex Svanevik, Peter Smith, Maggie Love, Jon Wu, Ryan Watkins, LongHash, and others.It is reported that Legion is building its reputation system and accountability layer, and is seeking to obtain the necessary VASP/CASP licenses to facilitate token pre-financing and token sales for non-recognized investors under MiCA.

ChainCatcher news, Cyber Capital founder Justin Bons posted on the X platform, stating that Ethereum is in decline, while L2 is "dancing on its grave."Bons pointed out that since the implementation of EIP-4844 (Proto-Danksharding), Ethereum's fee revenue has significantly decreased and cannot keep up with the rate of inflation. Meanwhile, the usage and fee revenue of L2 networks have reached new highs, lobbying to maintain Ethereum's low capacity. Bons believes this constitutes a "parasitic relationship." He stated that L2 networks are effectively stealing users and fee revenue from Ethereum by masquerading as "the same as Ethereum" to attract users.Bons predicts that L2 networks will eventually migrate or become independent L1 networks, while Ethereum will gradually decline. He criticized Ethereum's leadership for "selling out" its own interests for the sake of L2 networks, arguing that this exposes systemic issues in governance. Bons warned that if Ethereum were to achieve breakthrough L1 expansion in the future, it could lead to a collapse in the token and equity prices of all L2 networks, thus giving L2 networks an incentive to prevent Ethereum's expansion.

ChainCatcher news, according to Jinshi reports, a police spokesperson stated that the founder of the social platform "Telegram," Durov, is accused of failing to cooperate regarding cyber and financial crimes on the platform.

ChainCatcher news, according to The Block, crypto development company Chainbound has completed a $4.6 million financing round, led by Cyber Fund, with participation from Maven 11, Robot Ventures, and Bankless Ventures.It is reported that this startup is developing a protocol called Bolt, which will enable sub-second transaction confirmations on Ethereum, significantly speeding up the current average transaction confirmation time of around 7 seconds.

ChainCatcher news, Russian cybercriminal Deniss Zolotarjovs has been charged in the United States with participating in a cybercrime organization that extorts victims and launders cryptocurrency.The 33-year-old resident of Moscow was indicted in Cincinnati, Ohio, on charges of conspiracy to commit money laundering, wire fraud, and extortion under the Hobbs Act. Zolotarjovs was arrested in Georgia in December 2023 and has recently been extradited to the United States. He is accused of being a key member of a cybercrime group that steals sensitive data from victims and demands ransom payments in cryptocurrency to prevent the release of the stolen information. The organization also operates a website that leaks or auctions stolen data.It is alleged that Zolotarjovs was involved in laundering the ransom payments. This is the first time a member of the organization has been extradited to the United States.

ChainCatcher message, Kaspersky has detected a cyber fraud activity aimed at exploiting popular topics such as web3, cryptocurrency, artificial intelligence, and online gaming to steal cryptocurrency and sensitive information. It is reported that this activity is orchestrated by Russian-speaking cybercriminals, and Kaspersky has named the cybercriminals behind this operation "Tusk." They have created fake websites that mimic legitimate services, involving imitation of cryptocurrency platforms, online role-playing games, and AI translation websites to obtain sensitive information such as credentials, while clipboard managers monitor clipboard data to replace copied cryptocurrency wallet addresses with malicious ones.