๐ฅ Rumors of a Gate.io Hack Debunked!
๐ฃ Rumors about a possible hack of the Gate.io exchange have surfaced online, but there is no official confirmation.
๐ According to Arkham, no anomalies were detected on the platform. Gate.io also denied the rumors:
Stay vigilant and rely on official sources for updates. ๐
๐ฃ Rumors about a possible hack of the Gate.io exchange have surfaced online, but there is no official confirmation.
๐ According to Arkham, no anomalies were detected on the platform. Gate.io also denied the rumors:
"The Gate.io security team has not detected any abnormalities, nor have any security agencies reported issues. Deposits, withdrawals, and trading are functioning normally. Please do not believe rumors!"
Stay vigilant and rely on official sources for updates. ๐
๐10
โ๏ธ Solana Surpasses Ethereum in Development Activity!
For the first time in 8 years, Solana has become the top ecosystem for building new applications, surpassing Ethereum in the number of open-source repositories. ๐
๐ก Solana now boasts over 2,000 monthly active developers, marking an impressive 83% growth year-over-year.
Meanwhile, Ethereum retains its position as the global leader in overall developer activity. ๐ฅ
For the first time in 8 years, Solana has become the top ecosystem for building new applications, surpassing Ethereum in the number of open-source repositories. ๐
๐ก Solana now boasts over 2,000 monthly active developers, marking an impressive 83% growth year-over-year.
Meanwhile, Ethereum retains its position as the global leader in overall developer activity. ๐ฅ
๐13๐2
๐ค A test AI agent, @chillguyagent, sent 0.0013 ETH to Taylor Swift on Twitter without knowing her crypto wallet address. All it needed was her Twitter handle. ๐ฅ
๐ This was made possible by the "plugin-social-wallets" developed by the Azuki team. It enables sending crypto to any social media user, even if theyโve never interacted with crypto before.
โ๏ธ The plugin leverages Privyโs pre-generated wallets and can be extended to platforms like TikTok and Instagram.๐ฐ Future updates may integrate on-chain social registries, allowing users to link their social accounts to wallets seamlessly.
๐ This was made possible by the "plugin-social-wallets" developed by the Azuki team. It enables sending crypto to any social media user, even if theyโve never interacted with crypto before.
โ๏ธ The plugin leverages Privyโs pre-generated wallets and can be extended to platforms like TikTok and Instagram.๐ฐ Future updates may integrate on-chain social registries, allowing users to link their social accounts to wallets seamlessly.
๐19โค1
๐ Binance Dominates in 2024!
In 2024, Binance attracted $21.7 billion in user deposits, surpassing the combined total of the 10 largest exchanges by 36%. ๐ฐ
๐ The platform's user base skyrocketed to 250 million, leaving Bybit, the second-largest exchange by trading volume, far behind with 60 million users.
Binance continues to set the standard for growth and dominance in the crypto industry. ๐
In 2024, Binance attracted $21.7 billion in user deposits, surpassing the combined total of the 10 largest exchanges by 36%. ๐ฐ
๐ The platform's user base skyrocketed to 250 million, leaving Bybit, the second-largest exchange by trading volume, far behind with 60 million users.
Binance continues to set the standard for growth and dominance in the crypto industry. ๐
๐17
๐ BTC in Motion: Whoโs Holding What?
Since September, long-term holders have sold off over 843,000 BTC, while short-term holders eagerly accumulated more than 1,000,000 BTC. ๐ฐ
Specifically, MicroStrategy and US spot Bitcoin ETFs have collectively added 400,000 BTC to their portfolios during this period.
The crypto market is shifting, but one thing is clear: Bitcoin keeps finding new hands. ๐ช๐ผ
Since September, long-term holders have sold off over 843,000 BTC, while short-term holders eagerly accumulated more than 1,000,000 BTC. ๐ฐ
Specifically, MicroStrategy and US spot Bitcoin ETFs have collectively added 400,000 BTC to their portfolios during this period.
The crypto market is shifting, but one thing is clear: Bitcoin keeps finding new hands. ๐ช๐ผ
๐12
๐จ First Crypto Tax Evader Sentenced in the US!
Frank Richard Ahlgren III from Austin, Texas, has been sentenced to two years in prison for underreporting capital gains on $3.7 million in Bitcoin salesโmarking the first-ever criminal crypto tax evasion case.
๐ Between 2017 and 2019, Ahlgren concealed his gains by using multiple wallets, in-person cash exchanges, and mixers to hide transactions. He also lied to his accountant about the cost basis of his Bitcoin purchases.
๐ก The DoJ emphasized that as crypto prices rise, so does the temptation to dodge taxes. Their message? Pay your taxes, or face federal prison.
Frank Richard Ahlgren III from Austin, Texas, has been sentenced to two years in prison for underreporting capital gains on $3.7 million in Bitcoin salesโmarking the first-ever criminal crypto tax evasion case.
๐ Between 2017 and 2019, Ahlgren concealed his gains by using multiple wallets, in-person cash exchanges, and mixers to hide transactions. He also lied to his accountant about the cost basis of his Bitcoin purchases.
๐ก The DoJ emphasized that as crypto prices rise, so does the temptation to dodge taxes. Their message? Pay your taxes, or face federal prison.
๐12
Crypto soothsayer
๐จ The largest mining company in the US, Marathon Digital (MARA), will issue bonds worth up to $805 M, part of which will be used to purchase BTC. ๐ฐ As a reminder, in November, the total number of coins acquired by the company reached 6,474 BTC.
๐ฐ Riot Expands Its Bitcoin Holdings!
๐จ The mining company Riot has purchased 5,117 BTC at an average price of $99,669 per coin, bringing its total holdings to 16,728 BTC.
๐ The portfolio is now valued at approximately $1.68 billion USD, solidifying Riotโs position as a major Bitcoin player.
๐จ The mining company Riot has purchased 5,117 BTC at an average price of $99,669 per coin, bringing its total holdings to 16,728 BTC.
๐ The portfolio is now valued at approximately $1.68 billion USD, solidifying Riotโs position as a major Bitcoin player.
๐15๐ฅ1
๐ Matrixport Predicts $160K Bitcoin by 2025!
Analysts at Matrixport forecast BTC reaching $160,000 by 2025. ๐
๐ Key growth drivers:
โช๏ธInstitutional demand fueled by Bitcoin ETFs
โช๏ธFavorable macroeconomic conditions
โช๏ธGlobal central banks increasing money supply (M2)
Analysts at Matrixport forecast BTC reaching $160,000 by 2025. ๐
๐ Key growth drivers:
โช๏ธInstitutional demand fueled by Bitcoin ETFs
โช๏ธFavorable macroeconomic conditions
โช๏ธGlobal central banks increasing money supply (M2)
๐18
Ledger Wallet User Loses $2.5M to Phishing Hack ๐
๐งโ๐ป A Ledger Nano S user has reported losing 10 BTC (worth around $1M) and $1.5M in NFTs due to a phishing attack that occurred back in February 2022. The user unknowingly signed a malicious transaction nearly three years ago, which granted hackers access to their wallet. The attackers remained dormant for years before draining the funds recently. ๐ณ
๐ต๏ธโโ๏ธ Experts suggest that the user's recovery phrase might have been compromised, giving the hacker access to multiple chains, including Bitcoin. Ledger clarified that the issue wasnโt with the hardware itself but was caused by phishing and user error. ๐คท
๐ This case serves as a critical reminder to always double-check transactions, regularly review token approvals, and protect recovery phrases. While hardware wallets enhance security, understanding and cautious interaction with them are equally essential. ๐ค
๐งโ๐ป A Ledger Nano S user has reported losing 10 BTC (worth around $1M) and $1.5M in NFTs due to a phishing attack that occurred back in February 2022. The user unknowingly signed a malicious transaction nearly three years ago, which granted hackers access to their wallet. The attackers remained dormant for years before draining the funds recently. ๐ณ
๐ต๏ธโโ๏ธ Experts suggest that the user's recovery phrase might have been compromised, giving the hacker access to multiple chains, including Bitcoin. Ledger clarified that the issue wasnโt with the hardware itself but was caused by phishing and user error. ๐คท
๐ This case serves as a critical reminder to always double-check transactions, regularly review token approvals, and protect recovery phrases. While hardware wallets enhance security, understanding and cautious interaction with them are equally essential. ๐ค
๐20โค3๐จ3
๐ VanEckโs Bold Crypto Predictions for 2025!
๐ฎ Tokenized Securities: Expected to surpass $50 billion, shifting from permissioned chains to open-source blockchains.
๐ต Stablecoins: Daily settlement volumes could hit $300 billion, transforming global payments.
๐ค AI Agents: Over 1 million autonomous digital workers to emerge, reshaping industries from finance to gaming.
โก๏ธ Bitcoin Layer-2s: Total value locked predicted to reach 100,000 BTC, driven by rapid adoption.
๐ Ethereum: Blob space fees to generate $1 billion, thanks to booming Layer-2 and tokenized assets use cases.
๐ DeFi: All-time highs with $4 trillion DEX volume and $200 billion TVL, fueled by AI and tokenized assets.
๐จ NFTs: Trading volumes to rebound to $30 billion, with projects like Pudgy Penguins leading innovation.
๐ DApp Tokens: Narrowing the performance gap with L1 tokens, boosted by innovations in AI and DePIN.
๐ฎ Tokenized Securities: Expected to surpass $50 billion, shifting from permissioned chains to open-source blockchains.
๐ต Stablecoins: Daily settlement volumes could hit $300 billion, transforming global payments.
๐ค AI Agents: Over 1 million autonomous digital workers to emerge, reshaping industries from finance to gaming.
โก๏ธ Bitcoin Layer-2s: Total value locked predicted to reach 100,000 BTC, driven by rapid adoption.
๐ Ethereum: Blob space fees to generate $1 billion, thanks to booming Layer-2 and tokenized assets use cases.
๐ DeFi: All-time highs with $4 trillion DEX volume and $200 billion TVL, fueled by AI and tokenized assets.
๐จ NFTs: Trading volumes to rebound to $30 billion, with projects like Pudgy Penguins leading innovation.
๐ DApp Tokens: Narrowing the performance gap with L1 tokens, boosted by innovations in AI and DePIN.
๐ฅ14๐4
๐ Bitcoin Hits a New ATH!
This morning kicks off with fantastic news: BTC has smashed through $106,600, setting a new all-time high! ๐ฅ
Now the big question isโwill the altcoin season follow? If it does, the market could heat up even more ๐ฅ.
Meanwhile, Michael Saylor from MicroStrategy is already celebrating:
๐
Stay tuned for more market updates! ๐
This morning kicks off with fantastic news: BTC has smashed through $106,600, setting a new all-time high! ๐ฅ
Now the big question isโwill the altcoin season follow? If it does, the market could heat up even more ๐ฅ.
Meanwhile, Michael Saylor from MicroStrategy is already celebrating:
I will see you on the moon. #Bitcoin
๐
Stay tuned for more market updates! ๐
๐10๐ฅ4
๐ The Perfect Bitcoin Strategy?
According to stats, the winning formula is simple:
โช๏ธBuy Bitcoin 500 days before the halving.
โช๏ธHODL without touching it.
โช๏ธSell 500 days after the halving.
Good newsโwe still have about 250 days to follow this plan! ๐
(Just make sure to sell your BTC by early September next year ๐คช).
Tick-tock, the clock is ticking! โณ
According to stats, the winning formula is simple:
โช๏ธBuy Bitcoin 500 days before the halving.
โช๏ธHODL without touching it.
โช๏ธSell 500 days after the halving.
Good newsโwe still have about 250 days to follow this plan! ๐
(Just make sure to sell your BTC by early September next year ๐คช).
Tick-tock, the clock is ticking! โณ
๐21๐1
โ ๏ธ Stealer Trojan Threatens Crypto Wallets
๐ด A dangerous Trojan code targeting Bitcoin wallets has been leaked publicly, putting many popular wallets at risk.
๐ป The macOS Stealer Trojan, once sold for 1 BTC, is now free and accessible to cybercriminals. Experts warn it could be enhanced for more sophisticated attacks.
๐ฅท It disguises itself as job offers, verification bots, or software. Once launched, it steals system data, credentials, and wallet private keys.
๐ Vulnerable wallets include: Atomic Wallet, Binance Wallet, BitKeep, Coinbase Wallet, Exodus, MetaMask, MyEtherWallet, Phantom, Trezor, Trust Wallet, and more.
๐ต๏ธ Comments in the code suggest it was developed in Russia or Eastern Europe.
๐ Stay safe! Avoid suspicious links, double-check software, and protect your keys.
๐ด A dangerous Trojan code targeting Bitcoin wallets has been leaked publicly, putting many popular wallets at risk.
๐ป The macOS Stealer Trojan, once sold for 1 BTC, is now free and accessible to cybercriminals. Experts warn it could be enhanced for more sophisticated attacks.
๐ฅท It disguises itself as job offers, verification bots, or software. Once launched, it steals system data, credentials, and wallet private keys.
๐ Vulnerable wallets include: Atomic Wallet, Binance Wallet, BitKeep, Coinbase Wallet, Exodus, MetaMask, MyEtherWallet, Phantom, Trezor, Trust Wallet, and more.
๐ต๏ธ Comments in the code suggest it was developed in Russia or Eastern Europe.
๐ Stay safe! Avoid suspicious links, double-check software, and protect your keys.
๐12๐พ1
๐ฐ Bitcoin Accumulation Continues!
โก๏ธ MicroStrategy has added 15,350 BTC to its holdings, investing ~$1.5 billion at an average price of $100,386 per BTC. As of December 15, 2024, the company owns 439,000 BTC, valued at ~$27.1 billion, with an average cost of $61,725 per BTC.
๐ธ Riot also boosted its BTC reserves, purchasing 667 BTC for $594 million at an average price of $101,135 per BTC. Riot now holds 17,429 BTC, valued at ~$1.8 billion.
The giants are betting big on Bitcoin! ๐
โก๏ธ MicroStrategy has added 15,350 BTC to its holdings, investing ~$1.5 billion at an average price of $100,386 per BTC. As of December 15, 2024, the company owns 439,000 BTC, valued at ~$27.1 billion, with an average cost of $61,725 per BTC.
๐ธ Riot also boosted its BTC reserves, purchasing 667 BTC for $594 million at an average price of $101,135 per BTC. Riot now holds 17,429 BTC, valued at ~$1.8 billion.
The giants are betting big on Bitcoin! ๐
๐10๐ฅ3
๐ Bitcoin Hits New ATH Against Gold! ๐ค
๐ BTC has reached its highest value ever compared to gold. Legendary trader Peter Brandt predicts even more growth, targeting 89 ounces of gold per Bitcoinโequivalent to $236k! ๐ฅ
Is Bitcoin the new gold standard? ๐ค
๐ BTC has reached its highest value ever compared to gold. Legendary trader Peter Brandt predicts even more growth, targeting 89 ounces of gold per Bitcoinโequivalent to $236k! ๐ฅ
Is Bitcoin the new gold standard? ๐ค
๐ฅ11โค1
Crypto soothsayer
๐ฐ Bitcoin Accumulation Continues! โก๏ธ MicroStrategy has added 15,350 BTC to its holdings, investing ~$1.5 billion at an average price of $100,386 per BTC. As of December 15, 2024, the company owns 439,000 BTC, valued at ~$27.1 billion, with an average costโฆ
๐ฅ Bitcoin Hits New ATH, and Corporations Canโt Get Enough!
What a day! BTC reaches a new all-time high, and corporations are doubling down.
๐ธ Semler Scientific has added 211 BTC for ~$21.5M at an average price of $101,890 per BTC.
As of December 15, 2024, the company now holds 2,084 BTC, purchased for ~$168.6M at an average price of $80,916 per BTC. ๐
What a day! BTC reaches a new all-time high, and corporations are doubling down.
๐ธ Semler Scientific has added 211 BTC for ~$21.5M at an average price of $101,890 per BTC.
As of December 15, 2024, the company now holds 2,084 BTC, purchased for ~$168.6M at an average price of $80,916 per BTC. ๐
๐ฅ7๐3โค1
Tomorrow, $RLUSD will be listed on Uphold, Bitso, MoonPay, Archax, and CoinMENA. ๐
In the coming weeks, itโs also hitting Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash, and more.
Rippleโs stablecoin is going global! ๐ Details here.
In the coming weeks, itโs also hitting Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, Zero Hash, and more.
Rippleโs stablecoin is going global! ๐ Details here.
๐11
Bitcoin Near ATH, Altseason Still on Hold
๐ Bitcoin is trading around $107k, just below its current all-time high (ATH) of $107,800. While BTC continues to climb and dominate the market, its dominance has also grown. ๐
๐ Traders are now watching for a pullback in Bitcoin's dominance from the resistance line. A decline in BTC's market share is often the signal for the long-awaited altseason to begin โ but itโs still nowhere in sight. ๐ง
๐ Will altcoins finally catch up?
๐ Bitcoin is trading around $107k, just below its current all-time high (ATH) of $107,800. While BTC continues to climb and dominate the market, its dominance has also grown. ๐
๐ Traders are now watching for a pullback in Bitcoin's dominance from the resistance line. A decline in BTC's market share is often the signal for the long-awaited altseason to begin โ but itโs still nowhere in sight. ๐ง
๐ Will altcoins finally catch up?
๐ฅ17๐4