The make up of the actual paint is not the issue. It is the pigments used.
Many colors use toxic metals and oxides of heavy metals. Cobalt and its various forms are extremely common. Copper, Copper oxides, Cupric silfides, and Pthalates are also very, very common. ALL are toxic to animals in enclosures and should never be used, even if sealed.
In general, avoid greens, blues and violets. Use red and yellow with caution. Brown is also a tricky one, so read the labels and look up what the pigments are. NEVER use metallic paints.
Acrylics and Urethanes are normally safe. ALL Spray paints should be avoided. Epoxies are superior, if aquaculture rated forms can be found.
Titanium based whites and blacks are fine, as are ochers and umbers. Siennas are also fine. Carbon blacks are my personal favorites.
Personally, I only use seven colors. I just mix and match on the fly to get the desired effects.
I use Liquitex BASICS brand (read that as I am a cheapskate!)
Mars Black
Titanium White
Raw Sienna
Raw Umber
Burnt Sienna
Burnt Umber
Yellow Ocher
For sealer, I use either aquaculture rated epoxies, potable water rated epoxies without anti fungal and bacterials, and my personal favorite Krylon semi-gloss aerosol clear urethane.
A good rule to follow is that if you cannot pronounce the pigment, skip it.
In other words, When in doubt, leave it out!
There is a huge controversy over which one to use or which is safer.
Yes there is, however the controversy is misguided.
Truth be told, the formulas for GE silicone are nearly identical. The differences are in percentages of the mix, and the presence of UV stabilizers and anti-fungals. For structural builds, like tank walls and bottoms, you must use aquarium rated silicone. Period. It has the highest tensile strength of any consumer grade silicone. The recipe has nothing to do with it being aquarium grade. For non structural building, like glueing stuff to tank walls, any silicone that does not have anti-fungal/bacterials added is fine.
As for the bit on "outgassing" I hate to say it, but they all outgas the same stuff. This myth is a result of folks allowing insufficient curing times. For aquaria and vivaria, my rule is, let it cure by the instructions, then add a month to that, just to be safe. The "thicker" you apply these adhesives the longer you need to let them sit. (This is one of the reasons many of my build projects take months to finish!)
The existing controversy is a direct result of the poorly informed discussing things they never even bothered to research for themselves and then making statements based on anecdotal information and hearsay with absolutely no ground or facts to back them up. (Not to insult anyone, but I actually took the time to personally contact the manufacturers on this topic quite some time ago.) Need proof? Look up the MSDS for the products and start there. By US law, they have to list things like the ingredients, toxicity, effects on aquatic life, etc. If you still are unsure, do not be afraid to contact the manufacture. Again, in the US, you have "The Right to know" and they must provide toxicity data free of charge on request.
it may take a few weeks to get an answer, but in my world, I long delay is always better than dead critters.