Crypto Speak: Exit scam
This is a scam in which the developers of a project disappear with the collected investments without fulfilling their promised obligations.
This can happen in different forms: Developers can disappear after an ICO, collapsing the market value of tokens, or after raising funds for the development of the project without launching it.
The key signs of an โexit scamโ are a lack of transparency, promises of unrealistically high returns, and the anonymity of the projectโs creators.
This is a scam in which the developers of a project disappear with the collected investments without fulfilling their promised obligations.
This can happen in different forms: Developers can disappear after an ICO, collapsing the market value of tokens, or after raising funds for the development of the project without launching it.
The key signs of an โexit scamโ are a lack of transparency, promises of unrealistically high returns, and the anonymity of the projectโs creators.
๐ฐ Public miners sold off up to 70% of BTC mining in April - the highest since October 2024
๐คWith the increasing difficulty of mining and decreasing profitability, even with the price of BTC above $100,000, large mining companies started actively selling off BTC.
๐คRiot and CleanSpark abandoned their HODL strategy and realized most of their mining, while MARA, Cango and BitFuFu kept all of April's volume.
๐คWith the increasing difficulty of mining and decreasing profitability, even with the price of BTC above $100,000, large mining companies started actively selling off BTC.
๐คRiot and CleanSpark abandoned their HODL strategy and realized most of their mining, while MARA, Cango and BitFuFu kept all of April's volume.
Crypto Scams on the Decline!
Despite the recent $33 million ZKasino fraud, April saw a significant drop in crypto losses due to scams and hacks, with only $25.7 million lost.
This marks the lowest monthly figure since 2021, according to CertiK.The decline is largely attributed to fewer private key compromises, with only three attacks in April compared to 11 in March.
While crypto scams remain a concern, this downward trend signals a more secure future in the crypto space.
Despite the recent $33 million ZKasino fraud, April saw a significant drop in crypto losses due to scams and hacks, with only $25.7 million lost.
This marks the lowest monthly figure since 2021, according to CertiK.The decline is largely attributed to fewer private key compromises, with only three attacks in April compared to 11 in March.
While crypto scams remain a concern, this downward trend signals a more secure future in the crypto space.
๐ค Trump prepares new duties for US trading partners
Within the next two to three weeks, Donald Trump's team plans to impose new tariff rates on countries trading with the US. According to Trump, the administration does not have the ability to negotiate with each country individually - there are not enough resources.
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will begin sending out formal letters outlining the cost of doing business with the United States.
Trump said about 150 countries are interested in trade agreements, but did not specify who would be on the first mailing list.
Within the next two to three weeks, Donald Trump's team plans to impose new tariff rates on countries trading with the US. According to Trump, the administration does not have the ability to negotiate with each country individually - there are not enough resources.
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will begin sending out formal letters outlining the cost of doing business with the United States.
Trump said about 150 countries are interested in trade agreements, but did not specify who would be on the first mailing list.
BlackRock has overtaken Binance to become the second largest holder of BTC after Satoshi Nakamoto
BlackRock is 57% of the way to becoming the world's largest bitcoin holder
This will probably happen by the end of next summer. However, if bitcoin reaches $150k in the next few months, we may see a rush from advisors, which will shorten the timeline considerably
BlackRock is 57% of the way to becoming the world's largest bitcoin holder
This will probably happen by the end of next summer. However, if bitcoin reaches $150k in the next few months, we may see a rush from advisors, which will shorten the timeline considerably
A US tourist was left without $123,000 in crypto after an Uber ride in London
The cab driver offered him a cigarette, which probably contained a narcotic substance, after which, under its influence, the victim himself said the PIN-code from the phone and opened access to his account in Revolut. The total amount stolen was $123,000 in BTC and XRP.
The cab driver offered him a cigarette, which probably contained a narcotic substance, after which, under its influence, the victim himself said the PIN-code from the phone and opened access to his account in Revolut. The total amount stolen was $123,000 in BTC and XRP.
Is the global cryptocurrency hype fading?
In India, Brazil, the US and France, cryptocurrency ownership has declined between 2023 and 2025 - in India from 27% to 20%. But interest has increased slightly in China, Germany, the UK and South Africa.
What do you think?
๐- Crypto ownership is on the rise globally, a few countries are not an indicator
๐คก- Crypto is dead.
๐ธ Crypto_Insights
In India, Brazil, the US and France, cryptocurrency ownership has declined between 2023 and 2025 - in India from 27% to 20%. But interest has increased slightly in China, Germany, the UK and South Africa.
What do you think?
๐- Crypto ownership is on the rise globally, a few countries are not an indicator
๐คก- Crypto is dead.
Please open Telegram to view this post
VIEW IN TELEGRAM
๐ฅ๐คฉ๐ค
Binance launches Altcoin LiquidityBoost Program.
Starting June 9, 2025, traders with a 30-day volume of $20M+ can earn up to -0.01% fee rebates for providing liquidity on 18 altcoins, including $SYRUP, $INIT, $HYPER, $TON, $FIL, $A, $PARTI, $ICP, $KERNEL, $CFX, $W, $KMNO, $IOTX, $ONDO, $WCT, $BABY, $SXT, and $STO.
Rebates are calculated hourly, with payouts beginning June 17.
Binance launches Altcoin LiquidityBoost Program.
Starting June 9, 2025, traders with a 30-day volume of $20M+ can earn up to -0.01% fee rebates for providing liquidity on 18 altcoins, including $SYRUP, $INIT, $HYPER, $TON, $FIL, $A, $PARTI, $ICP, $KERNEL, $CFX, $W, $KMNO, $IOTX, $ONDO, $WCT, $BABY, $SXT, and $STO.
Rebates are calculated hourly, with payouts beginning June 17.
This media is not supported in your browser
VIEW IN TELEGRAM
๐คWhile you're resting on Saturday, a FigureAI robot is tagging your workplace
A robot manufacturer has shown how their android labors in a factory. The machine scans and sorts packages without breaks or fatigue - no weekends or sick days.
Pretty soon an ordinary cryptan won't be able to find a place even in a factory ๐
A robot manufacturer has shown how their android labors in a factory. The machine scans and sorts packages without breaks or fatigue - no weekends or sick days.
Pretty soon an ordinary cryptan won't be able to find a place even in a factory ๐
JUST IN: ๐ฏ๐ต Japanese public company Remixpoint announces it bought 44.8 #Bitcoin worth $4.7 million ๐
๐1
Institutions are buying up BTC
๐น 31% of all Bitcoin is currently owned by institutions such as public and private companies, ETFs, governments and exchanges.
๐น Exchanges lead with 3.02 million BTC, followed by ETFs (1.34 million), public companies such as MSTR with 765.3k BTC and governments with 528.7k BTC.
๐น 31% of all Bitcoin is currently owned by institutions such as public and private companies, ETFs, governments and exchanges.
๐น Exchanges lead with 3.02 million BTC, followed by ETFs (1.34 million), public companies such as MSTR with 765.3k BTC and governments with 528.7k BTC.
โค1
๐ธ Coinbase is launching a credit card that allows users to earn up to 4% cashback in bitcoins on every purchase
The Coinbase One card will return up to 4% in bitcoins on cardholder purchases. The credit card, launched this fall in partnership with American Express, will be available exclusively to Coinbase One customers in the United States.
The subscription service offers, among other things, zero merchant fees and higher staking rewards.
The Coinbase One card will return up to 4% in bitcoins on cardholder purchases. The credit card, launched this fall in partnership with American Express, will be available exclusively to Coinbase One customers in the United States.
The subscription service offers, among other things, zero merchant fees and higher staking rewards.
๐ฐ Bank of America has listed Bitcoin as one of the greatest innovations in 1,000 years
The BofA chart ranks Bitcoin alongside the printing press, steam engine, light bulb, internet, iPhone and AI.
The report says: BTC is not just an asset, but a fundamental technology with the potential to transform the global financial system, just as electric cars and the World Wide Web have done.
Bank of America is taking its time with cryptocurrencies, but already:
๐ค holds positions in Bitcoin ETF,
๐ค is testing its own stablecoin,
๐ค owns hundreds of blockchain patents.
The bank is among the top 2 U.S. banks, AUM: $1.62 trillion.
The BofA chart ranks Bitcoin alongside the printing press, steam engine, light bulb, internet, iPhone and AI.
The report says: BTC is not just an asset, but a fundamental technology with the potential to transform the global financial system, just as electric cars and the World Wide Web have done.
Bank of America is taking its time with cryptocurrencies, but already:
๐ค holds positions in Bitcoin ETF,
๐ค is testing its own stablecoin,
๐ค owns hundreds of blockchain patents.
The bank is among the top 2 U.S. banks, AUM: $1.62 trillion.
This media is not supported in your browser
VIEW IN TELEGRAM
๐ช A fact from the past: in 2011, a cryptan mined 1 BTC a day right from his bedroom
Back then it cost $800 to mine one bitcoin, today it's about $65,000.
Back then it cost $800 to mine one bitcoin, today it's about $65,000.