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📊 Crypto Reports (May 6, 2024): 1️⃣ Galaxy Research: Cryptocurrency ventures garnered investments totaling $2.49 billion in the initial quarter of 2024. 🚀 2️⃣ The Block: The collective value of bitcoins held across wallets of diverse governmental, public, and private entities stands at $175 billion. 💰 3️⃣ Coinbase: In the inaugural quarter of 2024, Coinbase, a prominent cryptocurrency exchange, recorded a revenue of $1.6 billion, marking a 72% surge from the preceding quarter of 2023. During this period, the company witnessed a twofold increase in transactional revenue. 💼 4️⃣ Microsoft: #Microsoft Corporation has published its #AI Transparency Report for the year 2023, delineating strides made in deploying conscientious artificial intelligence systems. 🤖 5️⃣ TokenUnlocks: May 2024 will witness the release of crypto assets surpassing $3.1 billion in value, as projected by Token Unlocks. Notably, the foremost entities include Sui (SUI), Pyth Network (PYTH), and #Avalanche (AVAX). 💎 👋 Haven't subscribed yet? Why not hit that subscribe button for regular updates?

📊 Crypto Reports (May 6, 2024):

1️⃣ Galaxy Research: Cryptocurrency ventures garnered investments totaling $2.49 billion in the initial quarter of 2024. 🚀

2️⃣ The Block: The collective value of bitcoins held across wallets of diverse governmental, public, and private entities stands at $175 billion. 💰

3️⃣ Coinbase: In the inaugural quarter of 2024, Coinbase, a prominent cryptocurrency exchange, recorded a revenue of $1.6 billion, marking a 72% surge from the preceding quarter of 2023. During this period, the company witnessed a twofold increase in transactional revenue. 💼

4️⃣ Microsoft: #Microsoft Corporation has published its #AI Transparency Report for the year 2023, delineating strides made in deploying conscientious artificial intelligence systems. 🤖

5️⃣ TokenUnlocks: May 2024 will witness the release of crypto assets surpassing $3.1 billion in value, as projected by Token Unlocks. Notably, the foremost entities include Sui (SUI), Pyth Network (PYTH), and #Avalanche (AVAX). 💎

👋 Haven't subscribed yet? Why not hit that subscribe button for regular updates?

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🔐 Cyber News (May 16, 2024): 1️⃣ Sonne Finance: Sonne Finance, a decentralized lending protocol, fell victim to an exploit resulting in around $20 million in damages. According to reports, the attacker exploited a known vulnerability in the Compound v2 forks, one of which includes Sonne Finance. 🔓 2️⃣ Baidu: The municipal public security bureau of Chengdu, in Sichuan province, with the assistance of their counterparts, halted the operations of an underground cryptocurrency bank catering to smugglers and individuals seeking to transfer assets abroad. Suspects utilized #USDT to evade national currency regulations, conducting transactions totaling 13.8 billion yuan (over $1.9 billion). 🛑 3️⃣ Bloomberg: BlockTower Capital, a cryptocurrency hedge fund, was targeted in a hacking incident. Despite ongoing efforts, the firm has been unable to recover the funds or identify the perpetrators. However, BlockTower Capital has already engaged blockchain crime investigation analysts and informed its limited partners about the attack. 🕵️‍♂️ 4️⃣ hoak: An employee of the decentralized exchange (DEX) Cypher, built on Solana, misappropriated approximately $315,000 from the project and subsequently lost the funds in gambling activities. Accepting responsibility, the individual has acknowledged the forthcoming consequences. 😞 5️⃣ CertiK: DeFi platform Alex Labs, operating on the #Bitcoin network, experienced a breach resulting in losses of roughly $4.3 million. Speculation surrounds a potential compromise of private keys. 🚨 👍 Enjoying the updates? Don't forget to subscribe for more insightful content!
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