π¨ $5.5 million stolen from EigenLayer! βοΈ
π₯· A hacker compromised an investor's email and sent a fake message to EigenLayer, providing their wallet address. As a result, 1.6 million $EIGEN, worth $5.5 million, was sent to that address. π°
The culprit sold the tokens through a DEX, but for some reason, withdrew the stablecoins to centralized exchanges. The team tracked these movements, contacted the CEX, and the funds were frozen. π
π₯· A hacker compromised an investor's email and sent a fake message to EigenLayer, providing their wallet address. As a result, 1.6 million $EIGEN, worth $5.5 million, was sent to that address. π°
The culprit sold the tokens through a DEX, but for some reason, withdrew the stablecoins to centralized exchanges. The team tracked these movements, contacted the CEX, and the funds were frozen. π
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π³ Ancient BTC whale sends $3.58 million to an exchange!
This whale mined BTC just a month after the cryptocurrency network launched in 2009βhe might have even chatted with Satoshi Nakamoto! With $72.5 million still in his wallet, it looks like heβs either eyeing a luxury home or looking to stack up on altcoins. π‘π°
Definitely a wallet to keep an eye on! π
By the way, HBO claims they'll reveal Satoshi Nakamoto's identity next Wednesday. Curious to see if they have real evidence or if theyβre just riding the hype of a mystery that has puzzled crypto enthusiasts for years! πΊβ¨
This whale mined BTC just a month after the cryptocurrency network launched in 2009βhe might have even chatted with Satoshi Nakamoto! With $72.5 million still in his wallet, it looks like heβs either eyeing a luxury home or looking to stack up on altcoins. π‘π°
Definitely a wallet to keep an eye on! π
By the way, HBO claims they'll reveal Satoshi Nakamoto's identity next Wednesday. Curious to see if they have real evidence or if theyβre just riding the hype of a mystery that has puzzled crypto enthusiasts for years! πΊβ¨
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The trend for documentaries about the crypto world continues. Tether has announced a documentary about USDT, dedicated to the 10th anniversary of the largest stablecoin. π
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MicroStrategy, the company holding 252,000 BTC worth ~$16 billion, is hiring a "Bitcoin Advocacy Manager" to promote Bitcoin among corporations and high-net-worth individuals. π€΅π»ββοΈ
The role involves organizing conferences and spreading the word about the benefits of investing in Bitcoin.
In short, MicroStrategy aims to actively market BTC to big companies and wealthy individuals, taking their promotional efforts to a whole new level. π
Get ready for a fresh wave of Bitcoin shilling! ππ°
The role involves organizing conferences and spreading the word about the benefits of investing in Bitcoin.
In short, MicroStrategy aims to actively market BTC to big companies and wealthy individuals, taking their promotional efforts to a whole new level. π
Get ready for a fresh wave of Bitcoin shilling! ππ°
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π₯·Hackers Compromise LEGO Website to Promote Scam Token!
π€ On October 5, LEGO Group reported that their official site was hacked for 75 minutes. During this time, an announcement about the launch of "LEGO Coin" was posted, which turned out to be a fraudulent token created by the attackers.
π£ Visitors who clicked the link were directed to a phishing site. Fortunately, the issue has been resolved, and an investigation is underway to track down the hackers.
π€ On October 5, LEGO Group reported that their official site was hacked for 75 minutes. During this time, an announcement about the launch of "LEGO Coin" was posted, which turned out to be a fraudulent token created by the attackers.
π£ Visitors who clicked the link were directed to a phishing site. Fortunately, the issue has been resolved, and an investigation is underway to track down the hackers.
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π Ethereum speeds up! Block times cut to 8 seconds? β³
Ethereum's new proposal, EIP-7781, aims to slash block times from 12 seconds to 8, boosting throughput by 50%! π§© Launched by Ben Adams on Oct 5, this upgrade will supercharge Layer 2 rollups, lower fees, and increase blob capacity, all while saving users roughly $100M annually. π€
Though Ethereum devs are cheering, solo stakers worry about the increased hardware demands and decentralization risks. π»βοΈ Still, Justin Drake and Vitalik Buterin are on board. Could this be the next big step for Ethereumβs efficiency?
Ethereum's new proposal, EIP-7781, aims to slash block times from 12 seconds to 8, boosting throughput by 50%! π§© Launched by Ben Adams on Oct 5, this upgrade will supercharge Layer 2 rollups, lower fees, and increase blob capacity, all while saving users roughly $100M annually. π€
Though Ethereum devs are cheering, solo stakers worry about the increased hardware demands and decentralization risks. π»βοΈ Still, Justin Drake and Vitalik Buterin are on board. Could this be the next big step for Ethereumβs efficiency?
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π TON Wallet Drainer Shuts Down Due to Lack of Whales
A wallet-draining service targeting TON has announced its closure due to a lack of "whales" in the community. π³π§
In a message posted on October 7, the drainer suggested followers switch to Bitcoin-draining services, citing the limited high-value users in TON. π€·π
A wallet-draining service targeting TON has announced its closure due to a lack of "whales" in the community. π³π§
In a message posted on October 7, the drainer suggested followers switch to Bitcoin-draining services, citing the limited high-value users in TON. π€·π
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π° FTX to Refund Users!
βοΈ A U.S. court has approved FTX's reorganization plan following its 2022 bankruptcy. π Customers will receive at least 118% of the dollar amounts in their accounts as of November 2022.
This is a significant milestone in distributing funds to clients and creditors, though the exact payout date remains unclear. πRumors suggest that users with balances under $50,000 may see their funds returned by the end of this year. π§
βοΈ A U.S. court has approved FTX's reorganization plan following its 2022 bankruptcy. π Customers will receive at least 118% of the dollar amounts in their accounts as of November 2022.
This is a significant milestone in distributing funds to clients and creditors, though the exact payout date remains unclear. πRumors suggest that users with balances under $50,000 may see their funds returned by the end of this year. π§
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π΅οΈββοΈ Arthur Hayes has released a new essay titled "PvP", where he shares insights on listings on crypto exchanges.
He highlights that most CEXs charge between $250,000 and $500,000 in stablecoins, with some demanding up to 16% of the total token supply. π
π°Binance stands out by charging up to 8% of the total supply and requiring projects to purchase $5 million worth of BNB as a deposit. Additionally, Binance mandates that projects distribute 8% of their tokens to users through airdrops, while other CEXs may ask for up to 3% of the supply for marketing efforts. π³
Importantly, listing on major exchanges in 2024 does not guarantee an increase in token prices, as newly launched tokens have performed poorly for retail investors. π€· Many projects are also entering the market with inflated valuations, and to be more attractive, they should consider reducing their valuations by 40-50% at launch. π€
He highlights that most CEXs charge between $250,000 and $500,000 in stablecoins, with some demanding up to 16% of the total token supply. π
π°Binance stands out by charging up to 8% of the total supply and requiring projects to purchase $5 million worth of BNB as a deposit. Additionally, Binance mandates that projects distribute 8% of their tokens to users through airdrops, while other CEXs may ask for up to 3% of the supply for marketing efforts. π³
Importantly, listing on major exchanges in 2024 does not guarantee an increase in token prices, as newly launched tokens have performed poorly for retail investors. π€· Many projects are also entering the market with inflated valuations, and to be more attractive, they should consider reducing their valuations by 40-50% at launch. π€
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Crypto soothsayer
πΊ Who Will HBO Present as Satoshi Nakamoto? π° Bets are already being placed on Polymarket regarding who will be identified as Satoshi in HBO's upcoming documentary. Leading the pack is Len Sassaman with 39% of the votes. He tragically took his own lifeβ¦
Samson Mow leaked a "spoiler" on Twitter, claiming that Adam Back is actually Satoshi Nakamoto π
π After this, Back briefly surged to the top on Polymarket, where users are betting on who will be revealed as Satoshi in the upcoming HBO documentary. Yesterday, 22% of the site's users voted for Back. However, Adam Back denied the claim, calling it "just a joke." π€·
π As of today, the leaderboard on Polymarket has evened out. Adam Back now shares the top spot with Len Sassaman and Nick Szabo, all of whom have between 10-13% of the votes.
π£ The debate about the real identity of Satoshi Nakamoto continues, with the HBO documentary further fueling speculation.
π After this, Back briefly surged to the top on Polymarket, where users are betting on who will be revealed as Satoshi in the upcoming HBO documentary. Yesterday, 22% of the site's users voted for Back. However, Adam Back denied the claim, calling it "just a joke." π€·
π As of today, the leaderboard on Polymarket has evened out. Adam Back now shares the top spot with Len Sassaman and Nick Szabo, all of whom have between 10-13% of the votes.
π£ The debate about the real identity of Satoshi Nakamoto continues, with the HBO documentary further fueling speculation.
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Holders of VAI, TORN, OMG, WAVES, XEM, BOND, DOCK, MDX, POLS, and PURSE tokens on Binance will face a forced conversion of these assets into USDC based on the average token-to-USDC rate between 2024-10-29 00:00 (UTC) and 2025-04-28 23:59 (UTC).
These tokens will also be delisted from Binance. π€·
Those who are dissatisfied can withdraw their coins before October 28.
These tokens will also be delisted from Binance. π€·
Those who are dissatisfied can withdraw their coins before October 28.
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In 2024, the global number of cryptocurrency holders has surpassed 650 million. π
This figure is still lower than the number of internet users back in 1999. π€·
The internet hit 1 billion users by 2001 and crossed the 2 billion mark in 2007. However, the rate of growth of cryptocurrency users is higher, so we may not have to wait several years for the first billion π§.
This figure is still lower than the number of internet users back in 1999. π€·
The internet hit 1 billion users by 2001 and crossed the 2 billion mark in 2007. However, the rate of growth of cryptocurrency users is higher, so we may not have to wait several years for the first billion π§.
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Eric Balchunas, a Bloomberg ETF specialist, faced heavy backlash after claiming Ethereum (ETH) is less secure than Bitcoin (BTC). π§
π΅οΈββοΈ In a now-deleted post, he referenced a book that suggested the U.S. government could shut down Ethereum by turning off Amazon Web Services (AWS) and even proposed a bizarre theory involving Vitalik Buterin being kidnapped to manipulate ETH.
π΄ Critics, including Ethereum educator Anthony Sassano, slammed the post as βblatant misinformationβ and βpropaganda.β Sassano didnβt hold back, calling Balchunas irresponsible for spreading the claims.
π Facts: Only 28.4% of Ethereum nodes rely on AWS, and the idea of government shutdowns or kidnapping schemes has been thoroughly debunked.
Despite the backlash, Ethereum developers continue pushing for more decentralization with solo staking and lower hardware requirements. π»
π΅οΈββοΈ In a now-deleted post, he referenced a book that suggested the U.S. government could shut down Ethereum by turning off Amazon Web Services (AWS) and even proposed a bizarre theory involving Vitalik Buterin being kidnapped to manipulate ETH.
π΄ Critics, including Ethereum educator Anthony Sassano, slammed the post as βblatant misinformationβ and βpropaganda.β Sassano didnβt hold back, calling Balchunas irresponsible for spreading the claims.
π Facts: Only 28.4% of Ethereum nodes rely on AWS, and the idea of government shutdowns or kidnapping schemes has been thoroughly debunked.
Despite the backlash, Ethereum developers continue pushing for more decentralization with solo staking and lower hardware requirements. π»
π7β€4
Satoshi Nakamoto is reportedly Bitcoin Core developer Peter Todd, according to HBO
The main piece of evidence HBO presents is that Peter Todd left a strange comment on Satoshi's post in 2010, allegedly forgetting to switch accounts. π³ However, this is more of an ancient legend, unverified by facts.
Other arguments are downright laughable:
βͺοΈSatoshi posted on a schedule that coincides with a studentβs, posting more on weekends. At that time, Todd was a student. π
βͺοΈTodd implemented the "replace-by-fee" (RBF) concept, which was discussed in a thread on the same forum. Todd used the alias "John Dillon" to promote RBF. π€
βͺοΈBoth used British/Canadian spelling.
βͺοΈAt one point, Todd discussed "donating" BTC β it's suggested this refers to Satoshi's coin destruction. π€―
Peter Todd himself denies any involvement in the creation of BTC.
The market has not reacted to the "revelation" of Satoshi Nakamoto's identity. π€·
The main piece of evidence HBO presents is that Peter Todd left a strange comment on Satoshi's post in 2010, allegedly forgetting to switch accounts. π³ However, this is more of an ancient legend, unverified by facts.
Other arguments are downright laughable:
βͺοΈSatoshi posted on a schedule that coincides with a studentβs, posting more on weekends. At that time, Todd was a student. π
βͺοΈTodd implemented the "replace-by-fee" (RBF) concept, which was discussed in a thread on the same forum. Todd used the alias "John Dillon" to promote RBF. π€
βͺοΈBoth used British/Canadian spelling.
βͺοΈAt one point, Todd discussed "donating" BTC β it's suggested this refers to Satoshi's coin destruction. π€―
Peter Todd himself denies any involvement in the creation of BTC.
The market has not reacted to the "revelation" of Satoshi Nakamoto's identity. π€·
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Today, live on X, tokens DOGS and NOT worth $4,000,000 will be burned at 1 PM UTC. π₯
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A second application for an XRP ETF has been submitted to the SEC by Canary Capital, following Bitwise. π
This is the company founded by Valkyrie creator Stephen McClurg.
Ripple CEO Brad Garlinghouse reacted violently to this news. π
This is the company founded by Valkyrie creator Stephen McClurg.
Ripple CEO Brad Garlinghouse reacted violently to this news. π
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The number of TON holders has reached 100 million! π
At the beginning of the year, there were only 4.3 million TON holders.
Mass adoption through Telegram is going well! π
At the beginning of the year, there were only 4.3 million TON holders.
Mass adoption through Telegram is going well! π
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