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Embargo Ransomware Linked to Defunct BlackCat Group

Embargo Ransomware Linked to Defunct BlackCat Group

The Embargo ransomware group has emerged as a key player in the shadowy RaaS sector. Since April 2024, the hackers have extorted over $34 million in cryptocurrency, according to a report by TRM Labs. Researchers indicate that the group provides criminals with tools for conducting attacks in exchange for a share of the ransom proceeds. […]

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Base Celebrates Second Anniversary Since Launch

Base Celebrates Second Anniversary Since Launch

On August 9, 2023, the Base mainnet became publicly accessible. The protocol team congratulated the L2 network on its second “birthday.” Happy birthday, Base. Two years in. Still day one. pic.twitter.com/THk8zUilhd — Base (@base) August 9, 2025 Currently, Base ranks second among Ethereum rollups, trailing only Arbitrum One. Source: L2BEAT. According to the on-chain observer, […]

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US Universities Expand Bitcoin Holdings via ETFs

US Universities Expand Bitcoin Holdings via ETFs

Some of the most prestigious educational institutions in the United States, including Harvard and Brown University, have reported purchasing Bitcoin through ETFs. The Harvard Management Company, which oversees Harvard’s endowment, disclosed in a quarterly report to the SEC the acquisition of shares in BlackRock’s spot Bitcoin ETF (IBIT) valued at $116 million. As of July […]

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DeFi Liquidity Reaches Record $270 Billion in July

DeFi Liquidity Reaches Record $270 Billion in July

Last month, the total value locked in DeFi applications rose by 30%. The NFT market showed an unexpected recovery. Dapp activity experienced the usual summer decline. On July 28, the total value locked (TVL) in the DeFi sector reached an all-time high of $270 billion. The figure closed the month at $259 billion, increasing by […]

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Bitcoin Mining Difficulty Rises by 1.42%

Bitcoin Mining Difficulty Rises by 1.42%

On the night of August 8, following the latest recalibration, the difficulty of mining the first cryptocurrency increased by 1.42% to 129.44 T. Source: CloverPool. The metric has risen for the third consecutive time, setting a new all-time high. The average interval between blocks reached 14 minutes and 31 seconds. According to Glassnode, the hash […]

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TikTok users’ crypto at risk, a Gemini flaw, and other cybersecurity developments

TikTok users’ crypto at risk, a Gemini flaw, and other cybersecurity developments

We gathered the week’s most important cybersecurity news. A hybrid attack targeting the TikTok community’s cryptocurrency. Firefox users lost around $1m in crypto. Developers are in the crosshairs of crypto drainers. A serious vulnerability found in Gemini. Hybrid attack targets the TikTok community’s cryptocurrency Criminals are using the SparkKitty spyware, distributed through fake TikTok shops, […]

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Bitcoin's Fair Value Estimated at $167,800 by Analyst

Bitcoin’s Fair Value Estimated at $167,800 by Analyst

The fair value of Bitcoin stands at $167,800, according to Charles Edwards, founder of Capriole Investments. By his calculations, the asset is trading 45% below its “energy value.” Hash Rates are flying and Bitcoin Energy Value just hit $145K. That puts price at a 31% discount to value. We are trading at a deeper discount […]

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CryptoQuant Analyst Warns of Bitcoin's Final Growth Phase

CryptoQuant Analyst Warns of Bitcoin’s Final Growth Phase

The bitcoin rally is “under threat” due to whale sell-offs and weak retail investor participation, according to an anonymous CryptoQuant analyst known as Arab Chain. He shared this conclusion. The expert suggests that the leading cryptocurrency is likely nearing the end of its bullish cycle. This is indicated by the Whale to Flow indicator data […]

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Menaskop Launches Free Web3 Course and Criticizes Influencers

Menaskop Launches Free Web3 Course and Criticizes Influencers

Researcher Vladimir Menaskop has announced a free course on investing in Web3. He revealed this in a video on his YouTube channel.

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Binance Engages BBVA for Client Asset Custody

Binance Engages BBVA for Client Asset Custody

The leading cryptocurrency exchange Binance has enlisted the Spanish bank BBVA as an independent custodian for its clients. Traders will now have the option to store assets off-platform. This development was reported by the Financial Times, citing sources. The partnership aims to bolster investor confidence following the exchange’s $4 billion fine in November 2023. Traders […]

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CrediX Team Disappears Following $4.5 Million Hack

CrediX Team Disappears Following $4.5 Million Hack

Developers of the DeFi protocol CrediX, based on Sonic, have executed an exit scam, according to experts at CertiK. #CertiKInsight 🚨 Following the incident that resulted in a $4.4M loss, the @CrediX_fi team has disappeared. X account is inactive, and the website hasn’t been brought back online since August 4. pic.twitter.com/ymWoupVaZL — CertiK Alert (@CertiKAlert) […]

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Institutional Demand for Bitcoin Surpasses Supply Threefold

Institutional Demand for Bitcoin Surpasses Supply Threefold

Since the beginning of the year, corporate treasuries and funds have acquired 371,111 BTC, a figure 3.75 times greater than the volume mined by miners over the same period. This was highlighted by André Dragosch from Bitwise. 📌UPDATE: In 2025, Bitcoin Treasury Companies have already bought 371,111 $BTC which is equivalent to *checks notes* 3.75 […]

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