ChainCatcher news, according to Cointelegraph, several French government websites went offline due to a DDoS attack, which is suspected to be linked to a Russian hacker group. The affected websites include the Paris Administrative Court, the French Health Department, and the French Supreme Court.A preliminary report from Entropia Intel indicates that this attack is believed to be a response to the arrest of Telegram founder Pavel Durov in France.On August 24, Durov was detained by French authorities on charges of conspiracy to commit illegal activities. French President Macron subsequently issued a statement, stating that Durov's arrest was not politically motivated and reaffirmed France's commitment to freedom of speech. As of now, Durov has not been formally charged with a crime. French authorities can hold him until August 28 for further investigation.

ChainCatcher news, investment bank TD Cowen calls for more realistic expectations regarding the passage of cryptocurrency legislation in the U.S. next year.TD Cowen stated: "The risk of a political deadlock for the cryptocurrency market structure bill FIT21 and the Senate Agriculture Committee bill is increasing. We believe optimism is misplaced, as we see the voting prospects for both bills declining this year. Furthermore, the risk of the bills becoming politically stuck next year is growing, regardless of the elections, and we remain skeptical about next year."

ChainCatcher news, according to official sources, Wenia, a digital asset company under the Colombian Banking Group, officially launched today and integrated Chainlink Proof of Reserve (PoR), achieving end-to-end transparency for the underlying assets of the COPW stablecoin.Chainlink PoR is directly integrated into the minting function of the stablecoin, protecting users from infinite minting attacks, meaning the risk of COPW being overissued without sufficient reserves.Currently, Wenia users can directly exchange COPW for Bitcoin, ETH, MATIC, and USDC within its application, ensuring transaction security.

ChainCatcher news, according to CoinDesk, exiled Chinese businessman Miles Guo has been convicted of defrauding his supporters and orchestrating a $1 billion scam involving his company GTV Media Group.U.S. Attorney Damian Williams stated in a press release: "Today, Guo's scheme has been exposed. Just now, the jury unanimously found Guo guilty of extortion and multiple counts of securities fraud, wire fraud, and money laundering. He faces decades in prison."In addition to the criminal trial, the U.S. Securities and Exchange Commission has also charged Guo with raising $500 million from retail investors to establish a cryptocurrency venture called H-Coin, falsely claiming that 20% of the company's assets were backed by gold.

According to ChainCatcher's news, it has been exclusively learned from Wu that Bybit has recently undergone a large-scale replacement of internal executives, with the heads of almost all business departments, including spot, derivatives, customer service, and VIP, being replaced for unknown reasons. The current management of Bybit includes CEO Ben and COO Helen, the latter of whom is responsible for HR and other business departments.Earlier, after the Notcoin delayed crediting incident, Bybit's management had already experienced a major upheaval, with several executives "voluntarily resigning." The sudden launch of user registration for Chinese users by Bybit has also caused panic among some employees.Helen responded to Wu, stating that the current changes in leadership are a routine arrangement for organizational development, and the company is still expanding into multiple regions, aiming to focus on stronger localization and provide the most relevant products for regional users.

ChainCatcher news, according to official sources, the Solana ecosystem meme coin Wen is now the owner of the largest cat account on X, @ShouldHaveCat. "With this account accumulating 2 to 3 billion views per month, we are excited to curate a global brand that can engage with cat lovers around the world, not just in web 3."

ChainCatcher news, according to monitoring by Spot on Chain, 59% of the LISTA airdrop (approximately 31.1 million LISTA) flowed to 12 receiving entities, of which 25 million LISTA (approximately 16.8 million USD) were sold or deposited into Binance and Bitget via DEX in the past 20 hours.

ChainCatcher news, according to The Block, investment bank TD Cowen stated that President Biden's nomination of two leaders for the U.S. Commodity Futures Trading Commission (CFTC) could impact the agency's future approach to cryptocurrency.Last week, Biden nominated CFTC Commissioner Christy Goldsmith Romero to head the Federal Deposit Insurance Corporation (FDIC) and nominated Kristin Johnson as Assistant Secretary for Financial Institutions at the Treasury Department. Both commissioners have advocated for the agency to establish rules or guidelines to protect consumers and address conflicts of interest in cryptocurrency.If Romero and Johnson successfully take on their new roles, the CFTC will be left with Democratic Chairman Rostin Behnam and Republican Commissioners Caroline Pham and Summer Mersinger, with Republicans holding a majority of seats.TD Cowen stated in a report on Monday that, given this change, the Biden administration will quickly fill these two vacancies. However, alternative candidates may not be confirmed until the fall.

ChainCatcher news, according to the "Science and Technology Innovation Board Daily," reporters have learned that due to personal life and work planning, former Vice President of Ant Group and President of Ant Digital Technology, Jiang Guofei, has resigned. The Ant Digital Technology previously led by Jiang Guofei will now be headed by Dr. Zhao Wenbiao, a senior vice president of Ant Group and former president of the Big Security Business Group, as CEO, with Ant's former CTO Ni Xingjun serving as chairman. Zhao Wenbiao previously led the construction of the Alipay and Ant Group's intelligent risk control system AlphaRisk and I MAGE, while also leading the team in tackling key technologies such as trustworthy AI and large security models.

ChainCatcher news, according to The Block, investment bank TD Cowen believes that increased regulatory scrutiny could disrupt the cryptocurrency industry.Its report states that legislation shifting from the broader picture to specific company interests could "derail the industry," as the industry typically comes together to push a legislative agenda and receives coordinated lobbying support. However, when Congress begins to focus on a specific industry, companies start to pay attention to legislation that is favorable to them. This forces lawmakers to take sides within the industry, undermining overall progress.

ChainCatcher news, after the approval of the Ethereum spot ETF 19B-4 filing, investment bank TD Cowen believes that the approval of other funds, including those tracking a basket of cryptocurrencies, is just a matter of time, despite the unchanged internal stance of the U.S. SEC on cryptocurrencies.Jaret Seiberg from TD Cowen's Washington research team wrote in a report that given the approval of Bitcoin ETFs earlier this year, the approval of Ethereum ETFs is inevitable, just about six months earlier than expected. He anticipates that within the next year, there may be an ETF product that includes "a basket of crypto tokens," which may include only Bitcoin and Ethereum or possibly more cryptocurrencies.However, this move does not mean that the SEC's overall stance on cryptocurrencies has changed. SEC Chairman Gary Gensler, who has a critical view of cryptocurrencies, issued a statement strongly opposing the cryptocurrency legislation "Financial Innovation and Technology for the 21st Century Act" (FIT 21) that could undermine the authority of his agency. Gensler stated that the failures, fraud, and bankruptcy records in the crypto industry do not stem from a lack of rules or unclear regulations, but rather from many participants in the crypto industry not adhering to the rules.Despite the potential setbacks faced by Gensler's agency, TD Cowen expects that the SEC will maintain a Democratic majority until 2026 and will continue to sue crypto trading platforms for tokens that the SEC considers to be unregistered securities.

ChainCatcher news, Baidu's artificial intelligence assistant "Xiao Du Xiao Du" will release the world's first Baidu Wenxin large model learning machine on May 27.

ChainCatcher news, according to PeckShieldAlert monitoring, an address 0xe34e that went long on the WBTC/SYNC exchange rate has been liquidated, totaling 354.07 million SYNC (worth $356,000).

ChainCatcher message, according to on-chain analyst Yu Jin's monitoring, the ETH/BTC exchange rate fell to 0.044 a few days ago. The ETH/BTC bull at 0x1111 was forced to retrieve some ETH to buy WBTC for repayment to reduce their position as it reached the liquidation line. Now the ETH/BTC exchange rate has rebounded to 0.0466, and this whale has once again increased their long position on the ETH/BTC exchange rate: 9 hours ago, they borrowed 50 WBTC (3.35 million USD) and sold it for 1069 ETH.The whale's current position health rate is 1.07 (the liquidation line is at an ETH/BTC exchange rate of 0.0435).