X 100 Global Loses Millions as Three-Seat Senate Is Hijacked
By Jamie Redman
Several reports say X 100 Global suffered a devastating governance takeover on Saturday, after attackers reportedly captured two of its three Senate seats and exploited their majority to raid the project’s treasury. Blockaid traced approximately $4.85 million in USDT proceeds and additional token withdrawals. The X…
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Acquisition
The purchase of one company by another, giving the buyer control of the target's business.
Acquisitions can speed growth for the buyer but raise competition and job concerns.
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