CoinMarketCap Daily, July 5: ETH Hits Two-Week High
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CoinMarketCap Daily, July 5: ETH Hits Two-Week High

11 months ago

CoinMarketCap breaks down what's going on with the REvil ransomware, as well as ETH's two-week high.

CoinMarketCap Daily, July 5: ETH Hits Two-Week High

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REvil Ransomware Group Strikes Again 🚨

More than 200 companies have had their systems taken down by the ransomware group REvil. Over one million machines are said to be infected. One supermarket chain in Sweden has had to close 500 stores because tills won't work. REvil is now demanding $70 million in crypto (about 2,027 BTC) in order to decrypt the files. How the attack happened.

ETH Just Hit a Two-Week High 🚀

Ether reached $2,384.29 on Sunday — that's the highest level seen since the middle of June. Excitement appears to be building ahead of the London hard fork, which is due to take place later this month. Prices cooled on Monday, with ETH falling by 5.2%. But while BTC is down on where it was seven days ago, the world's No. 2 crypto is up 10.5%. See the data.

BTC Seized from Convict Lands Big Profit 💰

Bitcoin seized following a fraud investigation has been sold for a massive profit. The 500 BTC was surrendered in 2019 and was said to be worth about $2.9 million at the time. But according to The Toledo Blade, the crypto stash was valued at an eye-watering $19.2 million when it was sold — clocking more than $16 million in profit. Read more about the case here.

One Million DOGE Spread Around the World! 🌍

A new augmented reality mobile game has launched that has spread one million DOGE around the world — waiting to be discovered. The Million Doge Disco game has been compared to Pokemon GO. Each player is given their own Doge to look after — and gamers can dance on camera with their "Dogeagotchi" in the background. Here's how the surreal app works.
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