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10/25/24: UNCLE SAM HACKED? 🇺🇸🚀🤖 ⭐️ Top News 1. US Government crypto wallet sees $20M in suspicious transfers 2. Microsoft is assessing investing in Bitcoin, board urges to vote “no” 3. Coinbase lays out investment thesis for the Crypto x AI Stack *Sponsored by… https://t.co/vPxHD0Vq6v
🔥 Friday's Web3 Buzz: 1️⃣ Metaplanet adopts MicroStrategy’s Bitcoin metric 2️⃣ Microsoft opposes Bitcoin investment vote 3️⃣ US gov wallet hacked for $20M 💀 4️⃣ $100K Bitcoin? <10% chance 📉 📬More in our newsletter: https://t.co/zvaktNcZ1T
What happened in Crypto the last 12hrs...? ⏱️ 1. Over $20 million has been stolen from a U.S government-linked crypto wallet that initially contained seized funds tied to the @bitfinex hacker 2. @Microsoft shareholders will vote in December on the Board proposal ‘Assessment of… https://t.co/lCYq1Tl3zf
The hacker responsible for the recent breach of Radiant Capital has successfully transferred approximately 20,500 ETH, valued at around $52 million, to the Ethereum network. This action raises significant concerns regarding the recovery of the stolen funds, as nearly all the assets taken from the Arbitrum and BNB Chain networks have now been moved. The incident highlights vulnerabilities within decentralized finance (DeFi) platforms and the challenges in tracking and recovering stolen cryptocurrency. The breach has drawn attention from various stakeholders in the crypto community, who are now questioning the security measures in place to protect against such exploits.