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- 05:46SwissBorg CEO: The community will not bear any losses, all funding gaps will be fully covered by the companyJinse Finance reported that SwissBorg CEO Cyrus Fazel has made a public statement, saying the company is fully investigating the security incident that occurred yesterday. Fazel emphasized that the SwissBorg platform itself was not attacked; instead, an external DeFi wallet used to operate the SOL Earn strategy was exploited due to a vulnerability. The company has promised that the SwissBorg community will not bear any losses, and all financial gaps will be fully compensated by the company. It is reported that this incident only affects the SOL Earn strategy, while other strategies and user funds remain completely safe. SwissBorg has collaborated with several security organizations, including SEAL, zachxbt, Chainalysis, and Fireblocks, to jointly respond to this incident. Previous reports stated that the SwissBorg SOL Earn Program was attacked, with over 190,000 SOL stolen.
- 05:46Digital asset recovery service provider Recoveries completes CHF 1 million strategic round of financing, led by VerifyVASPAccording to ChainCatcher, blockchain data analytics and digital asset recovery service provider Recoveries has announced the completion of a 1 million Swiss francs strategic funding round, led by VerifyVASP with participation from a group of angel investors. The new funds are intended to accelerate the development of its AI-enhanced blockchain investigation management system supporting cross-chain investigations, aiming to streamline the digital asset recovery process for global exchanges, banks, insurance companies, and law firms. .
- 05:40Christie’s Shuts Down NFT Digital Art DepartmentJinse Finance reported that British auction giant Christie's has announced the closure of its digital art department dedicated to handling NFT sales. Going forward, digital artworks will be sold through the broader 20th/21st Century Art categories. According to reports, this "strategic decision" comes with the layoff of two employees, including its Vice President of Digital Art, though at least one digital art specialist will remain. This move may be related to the global art market contraction, with global art sales in 2024 down 12% to $57 billion, and combined public and private auction house sales down 20% to $23 billion.