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Kyber Network Faces Hacker's Ultimatum for $46M Stolen Assets. 💻🥷🏻 DeFi platform Kyber Network grapples with a hacker's demand for executive control in exchange for returning stolen assets. Hacker demands complete control, temporary ownership of KyberDAO, and governance changes. Requests all Kyber documents, no direct fund return, but forfeiture of assets. Executives face buyouts, employees offered doubled salaries and severance. KNC holders assured their investments, liquidity providers offered a 50% rebate. Deadline for executive acceptance is December 10. Hacker envisions transforming Kyber into a new project under their leadership. Initial hack on November 22 targeted various tokens, hacker taunts Kyber's executives through on-chain messages. #KyberSwap #KyberNetwork #KNC #KNC/USDT

Kyber Network Faces Hacker's Ultimatum for $46M Stolen Assets. 💻🥷🏻

DeFi platform Kyber Network grapples with a hacker's demand for executive control in exchange for returning stolen assets.

Hacker demands complete control, temporary ownership of KyberDAO, and governance changes. Requests all Kyber documents, no direct fund return, but forfeiture of assets.

Executives face buyouts, employees offered doubled salaries and severance. KNC holders assured their investments, liquidity providers offered a 50% rebate.

Deadline for executive acceptance is December 10. Hacker envisions transforming Kyber into a new project under their leadership.

Initial hack on November 22 targeted various tokens, hacker taunts Kyber's executives through on-chain messages.

#KyberSwap #KyberNetwork #KNC #KNC/USDT

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In the 1970s, sci-fi writer J.G. Ballard predicted conversational AI like ChatGPT. ⚡🤯 In the 1960s and 1970s, British science fiction writer J.G. Ballard, along with his colleagues, ventured into the realm of computer-generated poetry, foreshadowing today's debates about generative AI technologies. Ballard's early experiments with computers to produce poetry highlighted the profound impact technology could have on artistic creation. His works often questioned societal norms and speculated about the future, a future that is increasingly becoming our present reality. During the 1970s, Ballard collaborated with Dr. Christopher Evans from the National Physical Laboratory to publish computer-generated poems in Ambit magazine, where Ballard was an editor. These poems, created using random word selection, pointed to a future where technology could potentially overshadow human creativity. This early form of AI-generated content laid the groundwork for more sophisticated systems we see today, like ChatGPT and Google's "Verse by Verse." In his 1961 story "Studio 5, The Stars," Ballard depicted a world where automated poetry devices made poets lazy and stifled creativity. This story was a prescient commentary on the potential downsides of technological advancement in the creative arts. The collaboration between Evans and his colleague Wilson demonstrated that computers could generate poetry by randomly selecting words, creating thousands of unique sentences with a simple program. Today’s AI applications are complex, using vast databases and advanced algorithms, but the core principles and concerns remain similar to those Ballard identified: the impact of automation on human creativity. Ballard’s work foreshadowed the future of AI in creative processes, highlighting ongoing discussions about balancing human ingenuity and artificial intelligence. As we navigate this new era of creative AI, Ballard’s insights remind us to integrate technology into our creative processes without losing the essence of what makes art uniquely human. #chatgpt #JGBallard #ai #OpenAI
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