BTC falls below the $119000 mark

According to the US Department of Justice, law enforcement agencies from the US and multiple countries jointly seized four servers, nine domains, and approximately $1 million in Bitcoin assets related to a Russian ransomware group on July 24th. The operation targets BlackSuit and Royal ransomware, with the involved group extorting over $500 million since 2022 and illegally profiting at least $370 million. Part of the frozen Bitcoin assets came from a ransom of $1.45 million paid by the victim in April 2023. US officials stated that this move constitutes a significant blow to the operation of the gang, and further investigations are still ongoing, with the possibility of more charges being brought.

OKX-ETH/USDT is currently trading at $4252.41, up 0.27% in 5 minutes. Please be aware of market fluctuations.

According to OnchainLens data, a certain whale increased its holdings of 59998 ETH on August 12th, valued at approximately $254 million, with funding sources including FalconX, GalaxyDigital, and BitGo. At present, the whale holds a total of 293184 ETH worth approximately 1.24 billion US dollars, distributed across 9 wallet addresses.

1. The Trump team expands the candidate list for Federal Reserve Chairman, with Bauman and Jefferson selected 2. Trump announces a public safety emergency in Washington D.C 3. Circle issues 100 million USDC on Ethereum 4. Wisconsin plans to legislate requiring Bitcoin ATMs to implement KYC 5. The Democratic Party in the US Senate approves the Republican encryption bill to evade regulation 6. S&P grants credit rating to DeFi protocol for the first time, Sky receives B-rating 7. Solana Memecoin BONK receives $25 million in corporate funding support 8. Uniswap Foundation plans to establish a new legal entity DUNI in Wyoming The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/478330

According to Fortune, fintech giant Stripe is partnering with crypto venture capital firm Paradigm to develop a blockchain called Tempo, which is positioned as a high-performance, payment focused Layer 1 blockchain and compatible with Ethereum's programming language. Tempo is currently in the hidden development stage, with a team size of 5 people. Previously, Stripe acquired stablecoin infrastructure company Bridge for $1.1 billion and cryptocurrency wallet developer Privy to further expand its stablecoin technology.