Chainalysis-led operation flags 7,700 accounts in child abuse probe
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Malaysian police raided and dismantled an illegal cryptocurrency mining operation in the Port Klang Free Zone.
According to Foresight News , citing the Malaysian media outlet New Straits Times, Malaysian police raided and shut down an illegal cryptocurrency mining operation yesterday in a warehouse in the Pulau Indah Free Zone of Port Klang. Two foreign men, aged 20 and 31, were detained during the raid, and mining equipment was seized. Under Malaysian law, this act violates the Penal Code and the Electricity Supply Act. If both are convicted, they could face up to ten years in prison and a fine of RM100,000 (approximately US$24,500).
OpenAI Codex's anti-abuse mechanism misjudged and caused a surge in credit limits, prompting the official team to reset the credit limits for all users.
According to Beating's monitoring, Tibo Sottiaux, core product lead at OpenAI, stated that due to a misjudgment by the system's built-in anti-fraud and anti-abuse mechanisms leading to accelerated depletion of user credit limits, the official team has urgently reset the usage limits for all Codex users free of charge. The abnormal credit limit depletion issue actually began around June 16th and fully erupted on social media platforms on June 25th. Hundreds of developers reported on GitHub and social media that Codex token consumption was abnormally high, with some accounts experiencing a 10 to 20 times faster depletion rate than usual. A paid user with a $200/month subscription reported that their additional $40 temporary credit limit was exhausted within 3 to 4 hours. Other developers reported that their budget, originally estimated to support 5 hours of work, was completely depleted after only a few prompt interactions. The slow response from the OpenAI development team sparked intense protests from numerous developers on social media platforms. In response to user protests, Vaibhav, a member of the OpenAI technical team, first publicly collected user feedback identification codes. Subsequently, Sottiaux acknowledged that the anti-abuse system might have made a misjudgment and promised to follow up. In the latest quota reset announcement, Sottiaux emphasized that the team had implemented initial mitigation measures. Although internal investigations showed that the affected user base was not large, the official decision was still to reset the usage limits for all Codex users free of charge and to continue monitoring the system status.
Chainalysis sues US over $95M ICE contract with TRM Labs
The sealed complaint leaves Chainalysis’ specific objections and requested remedy undisclosed as briefing continues.
Will China Resources New Energy complete its merger and reorganization to jointly pursue a Shenzhen Stock Exchange listing? China Government-Enterprise Cooperation Fund responds.
Mars Finance reported on July 8th that China Government-Enterprise Cooperation Investment Fund Co., Ltd. (hereinafter referred to as "China Government-Enterprise Cooperation Fund") recently issued a statement saying that the company has noticed a false report circulating online titled "China Resources New Energy Holdings Co., Ltd. and China Government-Enterprise Cooperation Investment Fund Co., Ltd. Complete Merger and Acquisition to Jointly Pursue Listing on the Shenzhen Stock Exchange." The report is entirely false information and seriously contradicts the company's actual situation. According to China Government-Enterprise Cooperation Fund, since its establishment, all of its business activities have strictly complied with national laws, regulations, and regulatory requirements, and it has never conducted or authorized any entity to conduct any activities mentioned in the aforementioned false report. The company is not currently planning any mergers and acquisitions, restructuring, listing applications, or other capital operations, nor has it formulated any corresponding implementation plans. China Government-Enterprise Cooperation Fund also stated that it reserves the right to pursue legal action against any entity that forges or alters the company's seals, business licenses, or authorization documents, or impersonates the company or its employees to release false information, engage in fraud, or commit any other illegal acts that infringe upon the company's legitimate rights and interests. (Wide Angle Observation)
YGG Play has released a shutdown guide, advising users to unstake their YGG accounts and redeem in-game points by July 31st.
According to Foresight News , YGG Play, the Web3 game publishing division of YGG, has released a shutdown notice, announcing the closure schedule and user information. The announcement states that starting at 3 PM Singapore time on July 9th, the purchase functions and cross-platform quest system for "LOL Land" and "Waifu Sweeper" will cease operation. July 31st will be the last day of platform support, at which time the main site, Launchpad, and community quest site will all be closed. The announcement recommends that users complete the unstaking of YGG and the redemption of in-game points before July 31. Any compliant balance that is not processed by the deadline will be automatically converted and distributed to the linked wallet after the snapshot on the deadline date. However, the platform will no longer provide manual support for related issues at that time. The games "GIGACHADBAT" and "Ragnarok Breaker" will be operated and played by the Delabs team and Planetarium Labs respectively starting August 1st, and a new token exchange process will be launched. In addition, the originally scheduled 2026 YGG Play Summit has been cancelled.
Ctrl Wallet will cease operations on August 3rd.
According to Foresight News , the cryptocurrency wallet app Ctrl Wallet will cease operations on August 3rd. Ctrl Wallet was removed from the App Store, Google Play, and browser extension stores on July 7th; existing users can still use it normally until August 2nd, including transferring, receiving, exchanging, connecting to DApps, and exporting seed phrase. From August 3rd onwards, Ctrl Wallet will only allow seed phrase export; all other functions will be disabled.