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EXPOSED!! Lazarus Group's $200M Crypto Laundering In an investigation led by blockchain sleuth ZachXBT, it has been revealed that the infamous North Korean hacking organization, Lazarus Group, managed to launder approximately $200 million from over 25 cryptocurrency hacks between 2020 and 2023. The Lazarus Group employed various services such as Tornado Cash and P2P platforms like Paxful and Noones to mix and convert stolen funds to fiat currency, showcasing a complex operation that has raised concerns about the security of digital assets. The investigation was made possible through the efforts of ZachXBT and highlights the importance of collaboration among industry stakeholders in defending against targeted attacks. This incident has further emphasized the need for stronger measures to combat such activities and protect the integrity of the digital currency ecosystem. If you enjoyed this post please give it a like and follow me @Van00sa for more crypto related posts!

EXPOSED!!

Lazarus Group's $200M Crypto Laundering

In an investigation led by blockchain sleuth ZachXBT, it has been revealed that the infamous North Korean hacking organization, Lazarus Group, managed to launder approximately $200 million from over 25 cryptocurrency hacks between 2020 and 2023.

The Lazarus Group employed various services such as Tornado Cash and P2P platforms like Paxful and Noones to mix and convert stolen funds to fiat currency, showcasing a complex operation that has raised concerns about the security of digital assets.

The investigation was made possible through the efforts of ZachXBT and highlights the importance of collaboration among industry stakeholders in defending against targeted attacks.

This incident has further emphasized the need for stronger measures to combat such activities and protect the integrity of the digital currency ecosystem.

If you enjoyed this post please give it a like and follow me @Van00sa for more crypto related posts!

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I’ve made a lot of money in crypto, but also lost substantial amounts. Below are all of the skills I learned that are crucial to becoming and REMAINING rich: - Diversification manage risk, nothing is guaranteed - Gratitude don’t be greedy, appreciate and take the small profits - Patience Keep your conviction strong. Good things come to those who wait - Discipline take profits at pre-set targets, don’t make changes on emotion - Delusion set unrealistic goals for unrealistic results. You WILL hit $1m from $1k - Learn from mistakes of others all the lessons you need are already out there, you don’t need to repeat the learning process. Timing is also everything, put it the work where opportunity is present. Then chill for the remaining time. Crypto is easy you don’t need to complicate it.
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Russia wants to put a BAN on crypto! Russia is making significant strides towards a complete ban on the public use of crypto. The proposed ban, set to be enforced from September 1, would prohibit the general circulation of all crypto assets, except those officially issued within Russia. Despite the announcement, there is a suggestion that Russia is not planning to outlaw crypto turnover in the country, highlighting the importance of accurate reporting over sensational headlines. This decision comes at a time when the world is closely watching how governments are responding to the growing influence of cryptocurrencies. Russia's approach contrasts sharply with that of other nations, where the focus has been on establishing regulatory frameworks to integrate cryptocurrencies into their financial systems. The ban, if implemented, could potentially isolate Russia from the global crypto community and limit its ability to engage in international trade using crypto. The proposed ban has also raised questions about its potential impact on Russian businesses and individuals who have invested in cryptocurrencies. These stakeholders might be forced to seek alternative investment options or face the risk of being left out of the global crypto ecosystem. Moreover, the ban could lead to a surge in demand for decentralized financial (DeFi) services that are not under the direct control of any government, as individuals and businesses look for ways to circumvent the ban. While the Russian government cites concerns about the stability of the ruble and the need to control the financial system, critics argue that the ban might not achieve these objectives. Crypto by its nature is decentralized and resistant to control by any single entity. Thus, attempting to ban them might only lead to the creation of underground markets and increased use of privacy-focused cryptocurrencies, making it even more challenging for the government to monitor and regulate crypto transactions. If you enjoyed this post please give it a like and don’t forget to follow me for more crypto updates!
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GameFi Index Takes Off! SharpeAI launches innovative platform for gaming enthusiasts. Sharpe AI has recently launched the much anticipated GameFi Index, bringing an exciting new way for gaming enthusiasts to dive deep into their favorite GameFi projects. The platform, accessible through Sharpe Terminal, offers advanced insights and a wealth of information on popular projects such as The Sandbox, Illuvium, Axie Infinity, Gala Games and Decentraland. With the Sharpe AI GameFi Index, users can access a wide range of data points to help them make informed decisions and stay up to date with the latest trends in the GameFi world. These data points include: - Price and order book - Performance vs. BTC and other indices - Market volume and open interest - Funding APR heatmaps - Correlation heatmap - Market cap dominance - Performance vs. relative volume - Return buckets In addition to these features, the Sharpe AI index also provides users with a comprehensive news summary powered by SharpeGPT. This ensures users have access to the latest updates in GameFi, keeping them ahead of the curve. With its innovative approach and wealth of information, the GameFi index is set to revolutionize the way gaming enthusiasts engage with their favorite projects. If you enjoyed this post please give it a LIKE and follow me @Van00sa for more crypto related posts!
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The Bitcoin halving took an unexpected turn!! It seems like bitcoin miners had quite the party on April 20, managing to hit a record breaking revenue of $107 million! They managed to pull this off all thanks to the bitcoin halving and runes protocol. Bitcoin halving is like a celestial event in the crypto universe where the reward for bitcoin miners is reduced by half. On April 19 the reward went from 6.25 BTC down to a mere 3.125 BTC. It’s like a game of “how low can you go?” but with crypto. You might think the miners would be crying about this event but they managed to make lemonade from lemons. A giant 75.44% of their revenue was made from the bitcoin network fees, which skyrocketed to record-level highs. It’s like finding a cheat code for secret treasure on the blockchain. And what fueled this surge in transactions? It was the Runes protocol, a new token protocol launched alongside the bitcoin halving. It’s like a digital gold rush, with miners rushing to mint fresh tokens and claim their stake in the bitcoin network. The competition was so fierce that the transaction fees reached unprecedented heights. This is another tale of people striking riches in the face of adversity. It just goes to show that anything can happen in the world of crypto. Who knows what other surprises the blockchain has in store for us. If you enjoyed this story please give it a like and follow me @Van00sa for more crypto related posts!
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WARNING ‼️ Alert for iOS users: We have credible intel regarding a high-risk zero-day exploit targeting iMessage on the Dark Web. This can infiltrate your iPhone without clicking any link. High-value targets are likely. Each use raises detection risk Recommended action to guard against this iMessage exploit; disable iMessages ASAP until Apple patches this. Navigate to Settings -> Messages -> toggle iMessage off. Maintain this precaution until Apple issues a security patch. Your security is our priority. Stay #SAFU (This info is taken from TrustWallet official announcement, warning is applicable ALL people)
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