Gate News message, April 20 — Elon Musk has been summoned by French prosecutors to appear in Paris today for questioning regarding alleged misconduct on his social media platform X, including the spread of child sexual abuse material (CSAM) and deepfake content. Both Musk and former X CEO Linda

Tether and CEO Giancarlo Devasini own 1.95 million shares (8.2%) in Bitcoin mining finance company Antalpha, which raised $49.3 million in its IPO. Antalpha offers Bitcoin-collateralized lending and has a $1.6 billion loan portfolio.

Zonda CEO Przemysław Kral has attributed the exchange's loss of access to 4,500 BTC, valued at $336 million, to missing founder Sylwester Suszek's failure to transfer private keys. Amid allegations of bankruptcy and intensified withdrawal requests, Kral insists Zonda remains solvent and will pursue legal action while searching for Suszek, who disappeared in 2022.

Circle CEO Jeremy Allaire forecasts that China may introduce a yuan-backed stablecoin in three to five years as digital currencies gain traction. This aligns with China's efforts to internationalize the renminbi, despite previous cryptocurrency restrictions.

Tether CEO Paolo Ardoino announced the freezing of 3.29 million USDT connected to a hacker linked to Rhea Finance's $7.6 million theft due to a fake token contract attack.

Yuga Labs has appointed Michael Figge as CEO, transitioning founder Greg Solano to Board Chair. Figge, previously Chief Product Officer, has been acting as CEO. Solano will focus on creative direction as the company develops its metaverse project, Otherside.

Zonda, a Polish cryptocurrency exchange, faces a crisis as its cold wallet containing 4,503 Bitcoin is inaccessible, prompting a surge in withdrawal requests. CEO Kral claims the private key was never transferred during the company's takeover, and authorities are investigating the situation amid bankruptcy fears.

Zonda, a Polish crypto exchange, revealed a cold wallet with 4,503 BTC amid a withdrawal crisis. CEO Przemysław Kral addressed fund misappropriation allegations and promised legal action against false claims, emphasizing that private keys were never transferred due to the former CEO's disappearance.

Circle CEO Jeremy Allaire discussed the potential for a yuan-backed stablecoin to enhance China's global currency use, despite regulatory challenges. He emphasized the dominance of US dollar-backed stablecoins in the market and the effectiveness of USDC during financial uncertainties.

Blockstream CEO Adam Back supports an optional Bitcoin quantum resistance upgrade at Paris Blockchain Week, opposing the BIP-361 proposal to freeze quantum-vulnerable addresses. He emphasizes proactive measures over crisis responses.