Russian ransomware groups, including @Lockbit and BlackCat/ALPHV, raked in $500M in crypto in 2023. Over 80% of sanctioned crypto volume tied to Russia-based exchange Garantex, aiding military equipment purchases for Ukraine conflict. #CyberSecurity
$SATS surged 18.5% to $0.00033, leading gains among altcoins after Bitcoin jumped 4% to $66,968. $AAVE rose 10% to $102.6, $XMR increased 8.5% to $168.7, and $ORDI climbed 11.6% to $38.5. #Crypto #Update
Russian ransomware groups generated over $500M in crypto in 2023, per TRM Labs. Lockbit and ALPHV/Black Cat targeted Boeing & MGM, earning $320M. 80% of sanctioned crypto transactions were via Russia’s Garantex. #CyberSecurity
THORChain’s founder unveils a “vampire attack” strategy to draw over $1 billion in liquidity from struggling DeFi projects, aiming to enhance user trust and boost capital efficiency.
Traditional finance giants like BlackRock are entering the DeFi sector, driving its evolution into ‘NewFi,’ with over $100 billion in total value locked, enhancing security and attracting institutional trust.
Investors eyeing $KNG, $TRX, $MKR, $BONK, and $PEPE as all memecoins show profits. $KNG up 58% in 30 days, hitting MEXC; $TRX peaks at $0.14; $MKR surges past $3,000; $BONK gains 7063.6% YTD. #Update
Uniswap (@Uniswap) announces a major upgrade to UniswapX, introducing a redesigned auction contract to enhance trade execution and quoting speeds. $UNI traded at $7.67, down 2.46% over 24h. Update first on web, mobile soon. #DeFi sees increased institutional interest and Bitcoin ETF approvals.
XRP Healthcare halts new staking for $XRPH to address limited 100M token supply. Existing stakes remain until term end. Focus shifts to real-world healthcare in Africa, investing in pharmacies, medical centers, and hospitals. $XRPH trades at $0.03138. #Healthcare #Update
DeFi TVL soared 72.8% to $94.1B in six months, driven by institutional investment and U.S. SEC approval of spot Bitcoin ETFs. Bitcoin hit an all-time high above $73K. Crypto market cap reached $2.27T, up 37% YTD. NFTs remain volatile. #Crypto #Update
Aave V3 will deploy on Aptos Mainnet after a 99.6% community vote approval. This marks Aave’s first non-Ethereum blockchain expansion, utilizing Aptos’ Move programming language. $AAVE is trading at $100.42, with a 1.62% 24-hour increase and a market cap of $1.4B. #DeFi #Update
The Enterprise Ethereum Alliance launches DeFi Risk Assessment Guidelines to address regulatory ambiguities and improve compliance. It influences licensing in Abu Dhabi and the EU, aiding financial giants like @BlackRock, @jpmorgan, and @GoldmanSachs. #DeFi
DeFi Technologies (@DeFiTech) boosts Bitcoin holdings to 204.34 BTC and adds 12,775 $SOL to its treasury, signaling strong commitment to the DeFi sector. #Crypto #DeFi #Updates
Bitrue announces a $40M fund to support web3 startups in AI, defi, and gamefi. Startups can get up to $200K plus development help and industry links. Funded projects may list tokens on Bitrue. #Update #CryptoNews
South Korea issues arrest warrant for Jon Bur Kim, aka “Coin King,” for allegedly embezzling $14.5M and manipulating altcoin prices. Accusations include bribery and creating a fake token, Podocoin. #CryptoFraud #Update
