The newly revised "Anti-Money Laundering Law of the People's Republic of China" will come into effect on January 1, 2025. Ying Yong, Secretary of the Party Leadership Group and Chief Prosecutor of the Supreme People's Procuratorate, emphasized that it is necessary to coordinate and strengthen the fight against money laundering crimes, accurately grasp the provisions of the revised Anti-Money Laundering Law on improving the scope of upstream crimes of money laundering, implement the provisions of the Anti-Money Laundering Law and the Criminal Law on "money laundering crimes" in an integrated manner, accurately apply the "Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Application of Laws in Handling Criminal Cases of Money Laundering", deepen the three-year action to combat money laundering crimes, punish money laundering and related crimes in accordance with the law, enhance the ability to combat money laundering crimes using new technologies, new products, new businesses, etc. such as virtual currencies, and form a joint force to combat.

Gifto posted on the X platform early this morning: "Attention to the serious security incident related to the GFT contract. The GFT token contract has been hacked and more GFT tokens have been issued. We are investigating, we do understand the seriousness of this matter, and assure you that we are taking the necessary measures. We ask all exchanges that list GFT to stop trading the token. We are working hard to resolve this issue."

Binance Futures will automatically liquidate XEMUSDT, ORBSUSDT, and LOOMUSDT U-margined perpetual contracts at 17:00 (ET) on December 9, 2024, and will delist the above U-margined perpetual contract trading pairs after the liquidation is completed. Users are advised to close their positions before stopping trading to avoid automatic position liquidation.

In the adversarial agent game Freysa, a participant has successfully convinced an AI bot to transfer funds from a prize pool worth more than $47,000. Freysa is allegedly an autonomous AI bot that is responsible for guarding the prize pool. The game requires contestants to write a message to convince the bot to transfer funds. Each message costs a fee, and part of the fee goes into the prize pool - which eventually swelled to $47,000 thanks to the efforts of 195 participants.