Morning News Update #Web3 đ
đľ LayerZero Foundation proposes a $110M acquisition of @StargateFinance cross-chain bridge & $STG token, aiming to consolidate interoperability infra.
đď¸ Fed Governor Michelle Bowman backs rate cuts starting in Septemberâexpects three cuts this year.
đľď¸ @trmlabs reports ransomware group Embargo moved over $34M in crypto since April.
â ď¸ Crypto execs warn: at least one BTC user is kidnapped every week, with incidents spiking during bull markets.
đ Russian hacker group GreedyBear stole $1M+ in crypto via fake wallet extensions.
#CryptoNews #LayerZero #DeFi #Bitcoin #CyberSecurity #Ransomware #Web3Update