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Muneeb Ali, CEO at Trust Machines, announced that he will become the new CEO of Stacks Labs.
Ali, who co-founded Stacks in 2017, noted the project has been live for over five years and undergone key milestones in decentralization. He expressed increased optimism for the STX token, citing the successful launch of Bitcoin staking as a catalyst for future development.
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Ali has previously discussed software vulnerabilities, attributing the Liquid 4,000 BTC hack to a bug in the Elements platform. As CEO at Trust Machines, he has also commented on technical progress and cryptography in projects like Shielded Bitcoin. His recent focus remains on the evolution and security of Bitcoin-linked technologies.