A new ransomware-as-a-service group called Embargo has laundered approximately $34.2 million in crypto since emerging in April 2024, primarily targeting US healthcare facilities through sophisticated attacks that demand ransoms up to $1.3 million. TRM Labs research identifies the group as a potential rebrand of the defunct BlackCat operation, with notable victims including American Associated Pharmacies,…
Organization responsible for managing and supporting the omnichain messaging protocol LayerZero, LayerZero Foundation, has presented a proposal to acquire the Stargate cross-chain bridge along with its STG token for an amount of $110 million. The plan outlines the deactivation of the STG token, with an option for STG holders to exchange their tokens for LayerZero’s…
Teller, a decentralized lending protocol, has announced the launch of a new borrowing and lending primitive that enables perpetual loans without liquidations. This update marks a major shift in how digital asset owners can access credit and earn yield, without the volatility risks that define traditional money markets. By removing price-based liquidation triggers, Teller allows…
Ethereum’s latest surge has the crypto world buzzing, and for good reason. The world’s second-largest cryptocurrency climbing 50% in under 30 days is nothing short of jaw-dropping. It speaks volumes about just how hot the broader crypto market is right now, and it could be hinting at something even bigger on the horizon: the start…
Total crypto capitalization is at an all-time high $4.14 trillion following big gains by both Bitcoin and Ethereum during early trading in Asia on Monday morning. The move has eclipsed the previous market capitalization peak on July 23. Total crypto capitalization has gained 22% since the beginning of the year, as around $750 billion has…
A proposal to merge LayerZero & Stargate has been put forward, with all STG tokens to be swapped for ZRO. The merger of these two projects could serve as a warning sign for other multi-token and sub-DAO models. What the LayerZero-Stargate Deal Means for Token Holders The LayerZero Foundation has officially proposed to acquire Stargate…
Bitcoin (BTC) price is attempting to reclaim its recent highs, foraying above the $122,000 threshold. However, whether the climb is sustained or breaks hinges on several US economic indicators that are due for announcement this week. With Bitcoin now in the hands of institutions just as much as it is accessible to retail, US economic…
Bitcoin advocate Samson Mow has suggested that Ethereum’s latest rally could be setting up a reversal, with capital eventually flowing back into Bitcoin. Key Takeaways: Samson Mow claims ETH’s rally is driven by BTC holders rotating into Ethereum, with plans to shift profits back to Bitcoin. He warns ETH faces strong selling pressure near its…
BNB Network Company (BNC) has purchased 200,000 BNB tokens for $160 million, establishing itself as the world’s largest corporate holder of Binance Coin following a landmark $500 million private placement led by 10X Capital and YZi Labs. The acquisition transforms the Nasdaq-listed company into a crypto-first treasury operation focused exclusively on BNB as its primary…
In an August 10 video titled “My End Of 2025 ETH Price Prediction (Using AI) — You’re Not Bullish Enough!”, crypto analyst Miles Deutscher said Ethereum’s latest breakout above the “very key level in the $4,000 zone” has shifted the market into what he views as a confirmed, structurally stronger advance toward new all-time highs….