📲 Polymarket tops The New York Times in app rankings! 🏆
Polymarket’s crypto-betting app just outranked the New York Times: Live News in the free magazine and newspaper app category in the US! 📰💸
When betting on crypto is more exciting than the news, you know the world is changing! Who knows, maybe the next NY Times headline will be about getting overtaken in the race? 😅
Polymarket’s crypto-betting app just outranked the New York Times: Live News in the free magazine and newspaper app category in the US! 📰💸
When betting on crypto is more exciting than the news, you know the world is changing! Who knows, maybe the next NY Times headline will be about getting overtaken in the race? 😅
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🤔 How Many Crypto Users Are There?
According to the State of Crypto report by a16z, the global number of crypto users has reached 617 million. However, the actual number of active users is much lower—between 30 to 60 million. The report states that most people just hold their crypto without actively trading or interacting with the market.
A fun fact: of those active addresses, 100 million are thanks to meme coins on Solana. But we’re still wondering if a16z counted the 300 million "users" from Hamster Combat... 😁
The discrepancy is due to a16z filtering out bots, duplicate wallets, and accounts with minimal balances, and cross-referencing wallet activity with platforms like MetaMask and Farcaster.
In short, while 617 million own crypto, only about 5-10% are really doing something with it!
According to the State of Crypto report by a16z, the global number of crypto users has reached 617 million. However, the actual number of active users is much lower—between 30 to 60 million. The report states that most people just hold their crypto without actively trading or interacting with the market.
A fun fact: of those active addresses, 100 million are thanks to meme coins on Solana. But we’re still wondering if a16z counted the 300 million "users" from Hamster Combat... 😁
The discrepancy is due to a16z filtering out bots, duplicate wallets, and accounts with minimal balances, and cross-referencing wallet activity with platforms like MetaMask and Farcaster.
In short, while 617 million own crypto, only about 5-10% are really doing something with it!
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🚨 Second crypto ecosystem hack in the last 24 hours! 🥷
This time, Ambient Finance has been compromised—hackers have breached the front end of the DEX protocol, which is part of the Scroll ecosystem. The team has already issued a warning about the breach.
⚠️ Important: Do not interact with the protocol at this time!
This time, Ambient Finance has been compromised—hackers have breached the front end of the DEX protocol, which is part of the Scroll ecosystem. The team has already issued a warning about the breach.
⚠️ Important: Do not interact with the protocol at this time!
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🎮 Pump, Dump, Game Over? 🧐
FractureLabs, a video game developer, has sued Jump Trading for allegedly pulling off a classic "pump and dump" with its DIO token. Here’s how the plot unfolds:
🚀 FractureLabs launched the DIO token for their online game Decimated, and Jump Trading was supposed to be the good guy, keeping the market steady. But instead, after the token’s price shot up thanks to some influencer magic, Jump allegedly sold off DIO tokens, cashing in millions 💸 and causing the token’s price to drop faster than a game crash to less than a cent.
They then bought back the cheap tokens and handed them back like nothing happened, all while walking away with a fat paycheck. 🎮💥
Jump Trading: “This is a misunderstanding.”
FractureLabs: “This is a lawsuit.”
FractureLabs, a video game developer, has sued Jump Trading for allegedly pulling off a classic "pump and dump" with its DIO token. Here’s how the plot unfolds:
🚀 FractureLabs launched the DIO token for their online game Decimated, and Jump Trading was supposed to be the good guy, keeping the market steady. But instead, after the token’s price shot up thanks to some influencer magic, Jump allegedly sold off DIO tokens, cashing in millions 💸 and causing the token’s price to drop faster than a game crash to less than a cent.
They then bought back the cheap tokens and handed them back like nothing happened, all while walking away with a fat paycheck. 🎮💥
Jump Trading: “This is a misunderstanding.”
FractureLabs: “This is a lawsuit.”
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One of the top promoters of the Forcount crypto pyramid scheme, has been sentenced to 20 years in prison 🔗
Juan Tacuri promised people to double their investments, but in reality, he was only doubling his Florida real estate portfolio! 🏠💸
Tacuri made millions by selling people empty promises and spent the cash on luxury living. Now, not only will he spend 20 years behind bars, but he also has to return over $3 million and say goodbye to his Florida properties. 🌞
Forcount claimed to be a cryptocurrency mining and trading firm, but in reality, it was a classic pyramid scheme where new victims' money was used to pay off earlier participants. So, instead of mining crypto, Tacuri will be "mining" some new life experiences behind bars! 🔒
Juan Tacuri promised people to double their investments, but in reality, he was only doubling his Florida real estate portfolio! 🏠💸
Tacuri made millions by selling people empty promises and spent the cash on luxury living. Now, not only will he spend 20 years behind bars, but he also has to return over $3 million and say goodbye to his Florida properties. 🌞
Forcount claimed to be a cryptocurrency mining and trading firm, but in reality, it was a classic pyramid scheme where new victims' money was used to pay off earlier participants. So, instead of mining crypto, Tacuri will be "mining" some new life experiences behind bars! 🔒
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🤖 The US Treasury used AI to recover $4 billion in fraud over the past year, almost four times more than last year! 💰
👀 With AI on the hunt, it's analyzing billions of transactions and uncovering hidden fraud schemes. "Fraudsters are good at hiding, but AI is even better at finding them," officials say.
So, if anyone was planning to cheat the Treasury, be warned—you might get caught by not just a tax officer, but also by a robot! 😏
👀 With AI on the hunt, it's analyzing billions of transactions and uncovering hidden fraud schemes. "Fraudsters are good at hiding, but AI is even better at finding them," officials say.
So, if anyone was planning to cheat the Treasury, be warned—you might get caught by not just a tax officer, but also by a robot! 😏
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🕵️♂️ White hat hacker danielvf revealed details of the $51M Radiant Capital hack:
1️⃣ Hackers used a trojan to infect the devices of team members.
2️⃣ Hardware wallets signed a transferOwnership function, giving hackers control of the lending pool.
3️⃣ Malicious code was embedded in the smart contract, allowing funds to be stolen during asset withdrawals.
Danielvf emphasized the high skill level of the attackers and warned of their possible return. 🛡
1️⃣ Hackers used a trojan to infect the devices of team members.
2️⃣ Hardware wallets signed a transferOwnership function, giving hackers control of the lending pool.
3️⃣ Malicious code was embedded in the smart contract, allowing funds to be stolen during asset withdrawals.
Danielvf emphasized the high skill level of the attackers and warned of their possible return. 🛡
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The SEC has filed an appeal in the "SEC vs. Ripple" case! 📝
The Commission is not contesting the $125 million fine or the judge’s decision regarding the return of profits, but it raises questions about "programmatic sales of XRP on the platform," the distribution of XRP to employees, and other matters. The battle continues! ⚖️
The Commission is not contesting the $125 million fine or the judge’s decision regarding the return of profits, but it raises questions about "programmatic sales of XRP on the platform," the distribution of XRP to employees, and other matters. The battle continues! ⚖️
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🏦 Trump’s Family Grabs 75% of World Liberty Financial Profits! 💸
The Trump family isn’t just building towers—they’re diving into crypto with their project World Liberty Financial. And guess what? A whopping 75% of the profits will go straight to the Trumps! 🏰
They’re set to pocket $337.5 million in tokens, with the rest going to the project’s co-founders. Within the first hour of the presale, they’ve already raised $5 million. Trump assures us that the project is “not connected to politics” (yeah, sure). 😅
So, if you’re eager to invest in Trump’s crypto bank, hurry up—the accredited investors are already lining up! 😂
The Trump family isn’t just building towers—they’re diving into crypto with their project World Liberty Financial. And guess what? A whopping 75% of the profits will go straight to the Trumps! 🏰
They’re set to pocket $337.5 million in tokens, with the rest going to the project’s co-founders. Within the first hour of the presale, they’ve already raised $5 million. Trump assures us that the project is “not connected to politics” (yeah, sure). 😅
So, if you’re eager to invest in Trump’s crypto bank, hurry up—the accredited investors are already lining up! 😂
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🐳 Whales stocking up on BTC, getting ready for the big leap?
Cryptoquant analysts have spotted whales back in action—accumulating more Bitcoin, likely in anticipation of a price surge. 🌊💰
Cryptoquant analysts have spotted whales back in action—accumulating more Bitcoin, likely in anticipation of a price surge. 🌊💰
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💥 Arthur Hayes: Bitcoin will skyrocket with oil prices if tensions escalate in Iran!
Former BitMEX CEO Arthur Hayes, in a new essay, predicted that if the conflict between Iran and Israel intensifies, Bitcoin could surge alongside rising oil prices. Should there be an attack on Iran's oil fields, the price of the leading cryptocurrency could jump significantly.
"Bitcoin is stored energy in digital form. Therefore, if energy prices rise, Bitcoin will be worth more in terms of fiat currency," Hayes explained.
He also referred to the oil crisis of the 1970s when oil prices soared by 412% and gold by 380%, suggesting Bitcoin could follow similar trends if commodity prices spike again. 📈
Former BitMEX CEO Arthur Hayes, in a new essay, predicted that if the conflict between Iran and Israel intensifies, Bitcoin could surge alongside rising oil prices. Should there be an attack on Iran's oil fields, the price of the leading cryptocurrency could jump significantly.
"Bitcoin is stored energy in digital form. Therefore, if energy prices rise, Bitcoin will be worth more in terms of fiat currency," Hayes explained.
He also referred to the oil crisis of the 1970s when oil prices soared by 412% and gold by 380%, suggesting Bitcoin could follow similar trends if commodity prices spike again. 📈
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🥷A hacker breached the Tapioca DAO contract and withdrew 21 million TAP tokens, selling them for 591 ETH ($1.5 M), which caused the token’s price to crash by 90%!
🚨 Cyvers Alerts reported a series of suspicious transactions, suggesting that Tapioca DAO's deployer address had been compromised. The hacker changed the owner of the vesting contract, withdrew 21 million TAP, and swapped the tokens for ETH, resulting in a 93% price drop. The hacker then bridged the funds to the BNB Chain.
After such a blow, projects rarely survive 😔.
🚨 Cyvers Alerts reported a series of suspicious transactions, suggesting that Tapioca DAO's deployer address had been compromised. The hacker changed the owner of the vesting contract, withdrew 21 million TAP, and swapped the tokens for ETH, resulting in a 93% price drop. The hacker then bridged the funds to the BNB Chain.
After such a blow, projects rarely survive 😔.
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🐳 Polymarket Whale Shakes Up Trump Odds! Manipulation Concerns Arise 🐘
As the U.S. presidential election draws near, concerns about potential market manipulation have surfaced on Polymarket. A whale known as "Fredi9999" has bet over $20M on Trump, pushing his odds to 60% on the platform. 🤔
Fredi’s influence has sparked suspicion, with some wondering if he's controlling multiple top accounts, as large deposits from Kraken are used to boost Trump's odds across the board. 🌐
Is it real faith or market manipulation? With less than three weeks to go, many are watching closely! 🧐
As the U.S. presidential election draws near, concerns about potential market manipulation have surfaced on Polymarket. A whale known as "Fredi9999" has bet over $20M on Trump, pushing his odds to 60% on the platform. 🤔
Fredi’s influence has sparked suspicion, with some wondering if he's controlling multiple top accounts, as large deposits from Kraken are used to boost Trump's odds across the board. 🌐
Is it real faith or market manipulation? With less than three weeks to go, many are watching closely! 🧐
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🤖 The ECB just dropped a wild claim: old Bitcoin holders are "exploiting" new ones, and they want strict price controls—or even a ban—on BTC! 🚫💰
Apparently, the European Central Bank thinks that early adopters, who bought low and sold high, are unfairly profiting. Sounds like, you know, how every financial market works. The ECB paper even suggests that rising Bitcoin prices will lead to social chaos. But wait—Bitcoin is barely used for crime compared to cash, and isn't the real culprit here inflation-driven fiat? 🤔
Meanwhile, they conveniently ignore that Satoshi Nakamoto had a plan all along, creating Bitcoin as a hedge against rapidly depreciating fiat. Maybe it’s not Bitcoin that’s the problem—it’s the trillions in fiat debt hanging around! 🏦💸
Is the ECB just mad because they didn’t buy BTC back in 2009? 😂
Apparently, the European Central Bank thinks that early adopters, who bought low and sold high, are unfairly profiting. Sounds like, you know, how every financial market works. The ECB paper even suggests that rising Bitcoin prices will lead to social chaos. But wait—Bitcoin is barely used for crime compared to cash, and isn't the real culprit here inflation-driven fiat? 🤔
Meanwhile, they conveniently ignore that Satoshi Nakamoto had a plan all along, creating Bitcoin as a hedge against rapidly depreciating fiat. Maybe it’s not Bitcoin that’s the problem—it’s the trillions in fiat debt hanging around! 🏦💸
Is the ECB just mad because they didn’t buy BTC back in 2009? 😂
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🚀 While Bitcoin keeps us excited—hitting $69,000 and now briefly dipping to $68,500 (hopefully not for long)—rumors are buzzing on Twitter that Japanese cryptographer Akashi Satoh could be Satoshi Nakamoto.
👀 He was involved in the development of SHA-256, a key element in Bitcoin’s security, and interestingly, stopped publishing right after Bitcoin’s launch.
The name "Satoh" might also be a clue. Of course, these are just speculations, and we’ll likely hear many more, especially after HBO’s recent "reveal" of Bitcoin’s mysterious creator. 🤷
👀 He was involved in the development of SHA-256, a key element in Bitcoin’s security, and interestingly, stopped publishing right after Bitcoin’s launch.
The name "Satoh" might also be a clue. Of course, these are just speculations, and we’ll likely hear many more, especially after HBO’s recent "reveal" of Bitcoin’s mysterious creator. 🤷
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