According to Cointelegraph, the Embargo ransomware group has emerged as a significant player in the cybercrime landscape, amassing over $34 million in cryptocurrency-linked ransom payments since April 2024. Operating under a ransomware-as-a-service (RaaS) model, Embargo has targeted critical infrastructure across the United States, including hospitals and pharmaceutical networks. Notable victims include American Associated Pharmacies, Georgia-based Memorial Hospital and Manor, and Weiser Memorial Hospital in Idaho, with ransom demands reportedly reaching up to $1.3 million. TRM Labs, a blockchain intelligence firm, suggests that Embargo may be a rebranded version of the notorious BlackCat (ALPHV) operation, which vanished following a suspected exit scam earlier this year. The two groups exhibit technical similarities, such as using the Rust programming language, operating similar data leak sites, and sharing wallet infrastructure. TRM's investigation reveals that Embargo holds approximately $18.8 million in dormant cryptocurrency within unaffiliated wallets, a strategy experts believe is intended to delay detection or exploit more favorable laundering conditions in the future. Embargo employs a network of intermediary wallets, high-risk exchanges, and sanctioned platforms, including Cryptex.net, to obscure the origin of funds. Between May and August, TRM traced at least $13.5 million across various virtual asset service providers, with over $1 million routed through Cryptex alone. Although not as visibly aggressive as other ransomware groups like LockBit or Cl0p, Embargo has adopted double extortion tactics, encrypting systems and threatening to leak sensitive data if victims fail to pay. In some cases, the group has publicly named individuals or leaked data on its site to increase pressure. The group primarily targets sectors where downtime is costly, such as healthcare, business services, and manufacturing, showing a preference for U.S.-based victims due to their higher capacity to pay. Meanwhile, the UK is preparing to ban ransomware payments for all public sector bodies and critical national infrastructure operators, including energy, healthcare, and local councils. The proposal introduces a prevention regime requiring victims outside the ban to report intended ransom payments. Additionally, the plan includes a mandatory reporting system, with victims required to submit an initial report to the government within 72 hours of an attack and a detailed follow-up within 28 days. Ransomware attacks saw a 35% drop last year, marking the first decline in ransomware revenues since 2022, according to Chainalysis.

On Aug 10, 2025, 07:44 AM(UTC). According to Binance Market Data, BNB has dropped below 800 USDT and is now trading at 798.97998 USDT, with a narrowed 1.06% decrease in 24 hours.

TRM Labs says the Embargo ransomware group has moved over $34 million in ransom-linked crypto since April, targeting US hospitals and critical infrastructure. source: https://cointelegraph.com/news/embargo-ransomware-34m-crypto-blackcat-links?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to Foresight News, Ethereum has fallen below the 4200 USDT mark. The current price is reported at 4204.81 USDT, reflecting a daily decrease of 1.54%.

유니온 잭 오일은 천연가스를 사용해 비트코인 채굴에 연료를 공급하고 매장량을 수익화할 예정입니다. source: https://ko.spaziocrypto.com/biteukoin/yunion-jaeg-oil-ceonyeongaseuro-biteukoin-caegul-sijag/

On Aug 10, 2025, 07:38 AM(UTC). According to Binance Market Data, Ethereum has dropped below 4,200 USDT and is now trading at 4,186.410156 USDT, with a narrowed narrowed 0.69% increase in 24 hours.

Union Jack Oil will use natural gas to fuel Bitcoin mining and monetise its reserves. source: https://en.spaziocrypto.com/bitcoin/union-jack-oil-starts-bitcoin-mining-from-natural-gas/

Chainlink experiences a remarkable surge of 15% in its market value, driven by significant accumulation from large investors, commonly referred to as whales, who are increasingly taking positions in the asset. This surge is further supported by the strengthening fundamentals of the network, which indicate improved performance and utility within the decentralized finance landscape. As these whales recognize the potential of Chainlink’s technology and its growing adoption, their investments are propelling the price upward, reflecting both confidence in the platform’s future and the positive momentum in the broader cryptocurrency market. source: https://blocknews.com/chainlink-rockets-15-as-whales-pile-in-and-network-fundamentals-strengthen/

The Solana-based DEX now boasts a market cap of $913. source: https://coindoo.com/ray-price-rally-continues-with-new-revenue-milestone-and-tradfi-push/

"Is an XRP price rally on the horizon? Recent activity has revealed a rare on-chain signal, igniting discussions among investors and analysts about the potential for a bullish trend in the cryptocurrency market." source: https://blocknews.com/xrp-price-rally-ahead-rare-on-chain-signal-sparks-bullish-talk/

In recent years, "cryptocurrency-stock linkage" has become one of the hottest trends between the capital market and the crypto world.

RWA, financial system, financing, how to prevent the RWA craze from becoming the next financial bubble? Golden Finance, the real goal of RWA tokenization is not to expand the scale of financing.

We have gone from trading worthless air to today, finally owning hard, durable, and most importantly, on-chain assets that will determine the future of the world.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry trends.

Twenty-four blockchain startups raised a combined $1.1 billion in funding this week. Verb Technology secured the largest funding round, raising $558 million.

Golden Finance has launched the 2781st issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

ETH, market, crypto market, who is driving Ethereum's price up? Golden Finance, is it still possible to get on board with ETH?

Ethereum at $4,200 not only set a new high in this bull market, but also became a new favorite in asset allocation for traditional listed companies.

On Wednesday, BTC fluctuated around 114,000. USDT was 7.15, and USD/CNH was 7.18. The US dollar index fell to around 98.5. Gold remained at a high of $3,368.

As assets continue to be “on-chain”, stablecoins regulated by the Hong Kong Monetary Authority will help consolidate Hong Kong’s position as an international financial center.