Big ETH move! 🐳 A whale/institution sold 10k ETH ($43.35M) via Wintermute & *immediately* deposited USDC into Aave V3. Still holds ~$43M ETH as collateral + $535M USDC on Aave. Likely seeking DeFi yield. 👀 #DeFi #Aave #ETH
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Fed flags “significant” vulnerabilities in US financial system: high stock valuations, tight bond spreads, & rising corporate/household debt. Declining interest coverage adds to risk. #economy #fed #finance
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🚨 Grok AI data leak! Over 370k user chat logs – including texts, photos & docs – were publicly indexed by search engines due to a flawed shareable link feature. 😬 A reminder that convenient features don’t always equal secure ones. More info via Forbes: link to Forbes article if available
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RMB Share in Global Swift Payments Remains Flat in July
The share of the Chinese Yuan (RMB) in global Swift payments held steady at 2.88% in July, according to recent data. This figure remains unchanged from the previous month’s 2.88%.
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BNB Reaches All-Time High, Surpassing $880
BNB experienced a surge in value earlier today, briefly exceeding $880 before reaching a peak of $882 per coin – a new historical high. The cryptocurrency has since experienced a slight pullback and is currently trading at $874.
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US govt received $332k (76.56 ETH) from Coinbase, linked to the 2021 Uranium Finance hack. This is part of $31M+ recovered from the exploit, showing continued efforts to reclaim stolen crypto. #crypto #security #UraniumFinance
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Hong Kong’s Mingcheng Group will buy $483M in Bitcoin (4,250 BTC), signaling continued institutional interest in the region. The investment highlights a growing trend of companies diversifying portfolios with Bitcoin as a store of value. #Bitcoin #crypto
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$57.6M in USDC assets unfrozen in the Libra (LIBRA) meme coin case! A judge lifted the freeze citing defendants’ cooperation & lack of proven harm. Libra, once hyped by Argentina’s President Milei, crashed 97% after launch. Case ongoing.
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Fed Board member Lisa Cook won’t resign despite allegations related to a past mortgage application. Cook claims “bullying” & is gathering info. FHFA Director Thompson says the issue is about loan documents, not social media posts. Trump official disputes the account.
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