Assistant Counsel to the Law Officers of the Crown (Attorney General and Solicitor General) in the Bailiwick of Guernsey 🇬🇬
Bailiwick of Guernsey
Joined September 2011
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Prosper Mwedzi retweeted
🚨 $AMD Q3 earnings are out:
💰 Revenue: $13.38 billion vs. $13.0 billion, expected
🪙 Adj. EPS: $2.09 vs $1.97, expected
💾 Data center revenue: $8.55 billion vs. $8.19 billion, expected
🎮 Gaming revenue: $773 million vs. $655 million, expected
Prosper Mwedzi retweeted
Binance says fake job interviews used as part of $6.3bn crypto hack bbc.in/4BHSEHp
Big win for rule of law - changing the rules for ILR mid-play for healthcare workers would have been grossly unfair and possibly unlawful !
BREAKING: Home Secretary Shabana Mahmood to announce legal migration plans tomorrow, in a major government U-turn.
Sky's @JonCraig has the details.
trib.al/Rx0iR33
📺 Sky 501, Virgin 602, Freeview 233 and YouTube
This would have been bad for rule of law-changing rules retrospectively would be grossly unfair and it’s good that there is now a change of direction on this policy!
Mahmood expected to announce changes to rules around indefinite leave to remain bbc.in/3UYreMX
Binance always excellent on PR that’s why they are market leaders-it is tough to have both good trading tech and equally good customer relations. Well handled @cz_binance !
As technology evolve, so do criminals. Agentic money laundering !
Our investigators are observing never-seen-before laundering patterns with the stolen funds from the Binance exploit. Thousands of transactions in a short period suggest that the attackers are using automation to obscure the trail of funds. Rather than simply moving funds onward, they repeatedly circulate them among addresses, often sending funds back to addresses involved earlier in the sequence.
Read more: chainalysis.com/blog/binance…
$6.3bn drained in Binance hack !
Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.
The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.
As an immediate precaution, Binance has:
- temporarily suspended deposits and withdrawals while security checks are completed;
- revoked the affected address authorisation;
- engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.
binance.com/en/support/annou…
Prosper Mwedzi retweeted
JUST IN: Circle freezes $823 million $USDC linked to suspected Binance hack.
Prosper Mwedzi retweeted
The DTCC Tokenization Service is now live! Find out more about this historic milestone in today’s newsletter, plus: what FICC’s record volume peak says about the Treasury market, the regulatory battleground surrounding data quality and more.
Prosper Mwedzi retweeted
Hospitals using AI are seeing better healthcare outcomes.
In 2023, health systems with high and low AI use had the same death rate: ~1,600 per 100,000 patients.
By 2026, the systems using AI the most dropped to ~1,000 deaths per 100,000.
That's a decline of nearly 40% in just 3 years.
Meanwhile, hospitals with lower AI adoption have seen significantly smaller improvements.
The gap in patient outcomes is widening as AI adoption accelerates.
AI is rapidly transforming healthcare.
🤝 Paid partnership
Prosper Mwedzi retweeted
The wipeout Monday in Brazilian markets dragged down nearly every stock in the benchmark Ibovespa index. More than half of them plunged at least 10% bloomberg.com/news/articles/…
Prosper Mwedzi retweeted
The Dutch government aims to cut 25,000 civil servant jobs in an AI-led efficiency drive targeting annual savings of €3.5 billion bloomberg.com/news/articles/…
Prosper Mwedzi retweeted
Last week in Cologne I showed how you can use the GitHub Copilot App and Foundry to build an agent you can deploy across Teams, Outlook or an app of your choice.
I also showed how you can integrate our new Decision 1 model for intent classification. I'm interested in agents that can recognise intent and then take action independetly if they decide they can be helpful, so this was fun to show!
Prosper Mwedzi retweeted
Today in the UK, I saw how the Yorkshire Ambulance Service is using Copilot to cut down on administrative work and make better use of its data, and ultimately provide a better experience for medical personnel and patients.
It's an early example of what's possible as NHS England expands Copilot to as many as 500,000 clinicians and support staff across the country.
Prosper Mwedzi retweeted
🚨ALARMING: Up to 70% of the world's websites could be at RISK after AI researchers uncovered PHP2Shell, a CRITICAL security flaw in PHP, per WSJ.
The vulnerability could allow hackers to hijack unpatched servers, steal sensitive information and launch attacks against website visitors.
PHP is widely used by WordPress, government portals and e-commerce websites.
Two reported vulnerabilities carry a SEVERE 9.2/10 rating and could allow attackers to remotely execute malicious code without authentication.
The latest developments:
🇫🇮 FINLAND: Shuts down state internet services over the security flaws.
🇳🇱 NETHERLANDS: National cybersecurity agency takes its website offline.
🇫🇷 FRANCE: Temporarily shuts down prefecture websites pending security fixes.
CLOUDFLARE ($NET): Reports early attacks and says protective changes are LIVE.
Emergency patches were released a DAY EARLY after vulnerability details leaked.
EU cybersecurity officials are urging IMMEDIATE patching and advising operators to take vulnerable sites offline if fixes cannot be applied.
The biggest concern is that AI could accelerate the development of exploits, potentially allowing hackers to weaponize the vulnerabilities before millions of websites can be secured.
Prosper Mwedzi retweeted
Rwanda’s financial center has attracted more than $600 million in assets as it seeks to challenge Mauritius as a hub for investment into Africa bloomberg.com/news/articles/…
