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French authorities are looking to provide extra security for cryptocurrency executives and their families following a series of high-profile kidnappings and attempted abductions. France’s Interior Minister Bruno Retailleau made the announcement in a statement on Friday, May 16. His remarks came as France grapples with a wave of violent attacks targeting leading figures in the crypto industry. The most recent incident involved an attempted abduction in central Paris. Authorities now say they are enhancing protection measures for prominent individuals in the sector and their families. “These repeated kidnappings of professionals in the crypto sector will be fought with specific tools, both immediate and short-term, to prevent, dissuade and hinder in order to protect the industry,” Politico quoted Retailleau. The Interior Minister’s meeting with leading crypto executives followed the latest kidnapping attempt. On Tuesday, masked men tried to abduct the daughter of Pierre Noizat, founder and chief executive officer of the crypto exchange platform Paymium. The attempted kidnapping took place in the heart of Paris and follows two other recent attacks against French crypto entrepreneurs and their families. Earlier this year, ransom-seeking criminals kidnapped David Balland, co-founder of the cryptocurrency hardware wallet maker Ledger. Balland and his wife were rescued in a coordinated police operation, though the executive was hospitalized after suffering finger mutilation during the ordeal. Authorities arrested 10 people in connection with the kidnapping and violence. The individuals had demanded ransom in crypto.In some cases, those targeted have paid demanded ransom . Éric Larchevêque, another Ledger co-founder, commented on Friday’s meeting with Retailleau and law enforcement officials, saying it demonstrated that authorities now understand the scale of the threat. According to Larchevêque, the global crypto industry has recorded approximately 50 attacks on executives and industry participants over the past year. Of these, more than 25%, or 14 incidents, occurred in France, which he referred to as the “ground zero” of crypto kidnappings.

Cardano continues to distinguish itself within the blockchain sector, emphasizing not only its advanced technology but also a core commitment to responsible and principled development, a vision consistently articulated by its founder, Charles Hoskinson. Recent activities underscore this dedication, including the successful audit of Masumi Smart Contracts by NMKR, an effort led by CEO Patrick Tobler and supported by TxPipe. This accomplishment serves as a testament to Cardano’s expanding ecosystem and its ongoing technical maturation. However, the bigger story lies in how Cardano’s privacy-focused sidechain, Midnight, is positioning itself as a game-changer. By integrating with Brave Browser an application with over 84 million users Midnight is paving the way for secure, private, and scalable internet usage. This partnership could significantly influence not just the crypto world but the broader digital landscape. Midnight, Cardano’s zero-knowledge (ZK) platform, is poised to bring privacy to everyday internet activities. By supporting Brave Ads and Brave VPN, Midnight aims to provide robust privacy infrastructure. This integration allows Brave to enhance its user offerings while also opening new revenue channels. With zero-knowledge proofs, users can validate data without exposing personal information. Hence, this reduces data breaches and strengthens user control. Related: Hoskinson Promises “Overdue” Cardano Deals After Brave Partnership Shakes Market The Brave ecosystem already leverages the Basic Attention Token (BAT) for rewarding user attention. Adding privacy layers from Midnight will elevate its capabilities. Moreover, integrating ZK protocols with Brave VPN could reshape how internet users experience privacy online. Subscriptions become more secure, and ad targeting can maintain relevance without compromising identity. Beyond Brave, Midnight holds broader implications . It aims to serve as a privacy layer not only for Cardano but for the internet as a whole. This expansion aligns with Cardano’s long-term vision of real-world blockchain utility. Hoskinson believes these developments could impact billions by securing digital identities and ensuring safe, scalable interactions online. Related: Cardano Community Cheers Hoskinson’s New “Faster Progress” Strategy Additionally, Midnight’s design ensures scalability, which is critical for mass adoption. As data privacy regulations tighten globally, solutions like Midnight will become increasingly essential. Significantly, Cardano’s measured approach auditing smart contracts, forming strategic partnerships, and integrating advanced cryptography sets a benchmark for responsible innovation. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.