Blockchain DXB: 🔴 24th Dec 🔴BRICS Nations & BTC 🚨FBI, DC3, and NPA Expose North Korean Hackers 🟠Metaplanet & MicroStrategy buy more BTC ❗HyperLiquid USDC outflow (HACK
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24th Dec: Blockchain DXB) Podcast🟢BRICS & BTC 🚨FBI, DC3, and NPA Expose North Korean Hackers 🟠Metaplanet) & MicroStrategy) buy more BTC ❗HyperLiquid USDC outflow (HACK)🟢BRICS & BITCOIN - Opinion by Blockchain DXB) / Bitcoin DXB (more info in today's episode)- UAE strengthens ties with BRICS, particularly Russia, and focuses on diversifying its economy, Bitcoin emerges as a potential neutral settlement layer for the bloc. Amid efforts to reduce reliance on the U.S. dollar, Bitcoin's decentralized nature offers secure, transparent trade solutions. Layer-2 tools like the Lightning Network enable fast, low-cost transactions, while the Liquid Network supports tokenization and efficient settlements.By leveraging Bitcoin, BRICS could enhance trade between members like UAE, Russia, China, and India, aligning with the bloc’s vision for financial sovereignty and a decentralized global economy.🤨The Federal Bureau of Investigation (FBI)), United States Department of Defense) Cyber Crime Center (DC3), and Japan’s National Police Agency (NPA) have identified North Korean cyber actors, known as TraderTraitor (also tracked as Jade Sleet, UNC4899, and Slow Pisces), as responsible for stealing $308 million in cryptocurrency from Japan-based DMM in May 2024. The attack began with social engineering targeting a Ginco employee, leading to the compromise of their system. This allowed the hackers to manipulate a DMM transaction and steal 4,502.9 BTC. Info here https://shorturl.at/oEz4W)🔸 MicroStrategy) bought 5,200 BTC for $561M, bringing its holdings to 444,262 BTC worth $42B, while debuting in the Nasdaq-100. Despite the milestone, its stock fell 6% to $342 amid Bitcoin's dip to $93,700 after peaking at $108,000. Analysts note risks in MicroStrategy's Bitcoin-heavy strategy, though its inclusion in the index may boost trading volume by 20%-40%.selling 1.3 million shares over the past week,. SEC filing here https://shorturl.at/6dfr8)🔸 Metaplanet) purchased 619.7 BTC for $60.6M, raising its total Bitcoin holdings to 1,761.98 BTC, valued at $168M. The acquisition was funded through stock rights issuances and zero-coupon bonds as part of its Bitcoin Treasury Operations. The latest acquisition marks the largest Bitcoin purchase to date. Info via their X/ Twitter) ID❗ HyperLiquid, a top on-chain perpetual exchange, saw a $60 million USDC outflow as North Korean-linked hackers reportedly tested the platform. Addresses tied to DPRK incurred $700,000 in losses while probing for vulnerabilities, according to tracker Tay. via CoinDesk https://shorturl.at/5OjBe)- Despite the outflow, the platform's deposit bridge holds $2.2 billion USDC. HyperLiquid, which leads with 50% of on-chain perpetual trading volume, recently launched its HYPE token, surging 600% to a $10 billion market cap.
UAE news⚡ DWF Labs) Partners with The Blockchain Center Abu Dhabi to Strengthen Web3 Ecosystem in MENA Region⚡ Aptos Foundation) Expands Global Footprint with New Abu Dhabi Office
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