Morning News Update #Web3 🌅



💵 LayerZero Foundation proposes a $110M acquisition of @StargateFinance cross-chain bridge & $STG token, aiming to consolidate interoperability infra.

🏛️ Fed Governor Michelle Bowman backs rate cuts starting in September—expects three cuts this year.

🕵️ @trmlabs reports ransomware group Embargo moved over $34M in crypto since April.

⚠️ Crypto execs warn: at least one BTC user is kidnapped every week, with incidents spiking during bull markets.

🛑 Russian hacker group GreedyBear stole $1M+ in crypto via fake wallet extensions.

#CryptoNews # LayerZero #DeFi # Bitcoin #CyberSecurity # Ransomware #Web3Update
ZRO-0.99%
CROSS-5.54%
STG-0.74%
TOKEN1.09%
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