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BNB reaches all-time high, SBI dissolves crypto venture, ModStealer targets users, and other Web3 news

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  • A new malware called ModStealer is targeting cryptocurrency users on macOS, Windows, and Linux, designed to steal private keys and credentials, and is spread through fake job ads. Security experts recommend using hardware wallets and maintaining strict separation between browsing and wallet activities. (📰Kursiv Media)
  • SBI Holdings is dissolving its crypto-custody venture with Zodia Custody and launching a global equity fund focused on Web3 and AI, reflecting a strategic shift towards technology-driven opportunities amid Japan’s regulatory environment. (📰BeInCrypto)
  • The GameFi sector’s market cap reached $20 billion after a 6% rise, driven by partnerships and funding, including RuneSoul’s $4M raise and The Sandbox’s collaboration with Elympics, while trading volume surged 150% to nearly $6 billion. (📰CoinMarketCap)
  • Mert Mumtaz, CEO of Helius, predicts that US dollar stablecoins will lose their price tickers as exchanges simplify user experience, while Reeve Collins of Tether anticipates a proliferation of stablecoins managed by AI to enhance usability and yield. (📰TradingView)
  • BNB reached a new all-time high of $929, with significant growth in transactions and institutional adoption of real-world assets, leading to a weekly trading volume of $48.8 billion and a total value locked of over $14 billion in DeFi. (📰BlockchainReporter)
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