2024-06-25

Howdy folks,

📉🚨 Solana’s price took an 8% hit due to rumors of an SEC investigation. Crypto influencer Crypto Bitlord stirred the market with unverified claims of a "huge investigation," causing SOL to dip despite the lack of concrete details.

Although the price has partially recovered, the crypto community remains skeptical and is waiting for confirmation.

In other news:

💻🔍 Alex Lab has identified the infamous Lazarus Group as the culprit behind a $4.3 million exploit on its platform.

With substantial evidence linking the attack to the North Korean hackers, Alex Lab is working with international law enforcement and cybersecurity experts to recover the stolen assets.

💰📅 Mt. Gox will finally start repaying its creditors in July 2024, after a decade-long wait.

Creditors will receive Bitcoin and Bitcoin Cash as part of the rehabilitation plan, which aims to restore some of the lost assets from the 2014 hack that crippled the once-dominant exchange.

🔄📉 Tether is ending USDT support on Algorand and EOS in a strategic move to prioritize more active networks.

The decision, influenced by a drop in network activity, will see the cessation of USDT minting and a phased redemption process over the next year.

This shift underscores Tether's focus on security and efficiency, though it may impact DeFi activity on these blockchains.

DailyCoin Daily Meme

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