๐ฌ $9.3 Billion Lost to Crypto Scams in the U.S. in 2024
According to the FBI, Americans lost $9.3B to crypto fraud in 2024 โ a 66% surge from 2023โs $5.6B ๐ฑ
Overall internet crime losses hit a record $16.6B, making 2024 the worst year on record for digital scams.
๐ A harsh reminder: always double-check, never rush, and stay skeptical โ especially in crypto.
According to the FBI, Americans lost $9.3B to crypto fraud in 2024 โ a 66% surge from 2023โs $5.6B ๐ฑ
Overall internet crime losses hit a record $16.6B, making 2024 the worst year on record for digital scams.
๐ A harsh reminder: always double-check, never rush, and stay skeptical โ especially in crypto.
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Crypto soothsayer
๐ข Minus $4.5M Before the Pump Just before $TRUMP soared 50% in under an hour, one unlucky whale sold all 630,339 of their Trump tokens for $5.48M โ moments before the announcement that the top 220 $TRUMP holders would get a chance to meet Donald Trump personally.โฆ
๐ฝ Whale move for a seat at Trumpโs table ๐ผ๐บ๐ธ
Someone just registered a wallet holding $14.6M in $TRUMP tokens for the upcoming dinner with Donald Trump ๐ฅฉ๐
According to Arkham, the cold wallet (from HTX) holds 1.17M $TRUMP, making it the top registered holder so far for the May 22 gala. Looks like someone's really hungryโฆ for crypto clout and steak. ๐๐ฅ
Someone just registered a wallet holding $14.6M in $TRUMP tokens for the upcoming dinner with Donald Trump ๐ฅฉ๐
According to Arkham, the cold wallet (from HTX) holds 1.17M $TRUMP, making it the top registered holder so far for the May 22 gala. Looks like someone's really hungryโฆ for crypto clout and steak. ๐๐ฅ
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๐ TON Foundation Names MoonPay Co-Founder as CEO
The TON Foundation has appointed Maximilian Crown, ex-COO & CFO of MoonPay, as its new CEO. Crown brings strong ties to banks and regulatorsโkey for scaling adoption.
๐ก Under his leadership, TON aims to onboard 30% of Telegram's 1B users by 2028. In just a year, TONโs user base skyrocketed from 4M to 41M, despite the token dropping 46%.
With deep Telegram integration and Crown at the helm, TON is positioning itself as a serious contender in mainstream blockchain adoption. ๐ฒ๐
The TON Foundation has appointed Maximilian Crown, ex-COO & CFO of MoonPay, as its new CEO. Crown brings strong ties to banks and regulatorsโkey for scaling adoption.
๐ก Under his leadership, TON aims to onboard 30% of Telegram's 1B users by 2028. In just a year, TONโs user base skyrocketed from 4M to 41M, despite the token dropping 46%.
With deep Telegram integration and Crown at the helm, TON is positioning itself as a serious contender in mainstream blockchain adoption. ๐ฒ๐
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๐ฅท North Korean Hackers Strike Again โ This Time with โFake U.S. Companiesโ ๐บ๐ธ
๐ Cybersecurity firm Silent Push reports that Lazarus Groupโs subgroup Contagious Interview created three fake companies โ including BlockNovas (New Mexico) and SoftGlide (New York) โ to lure crypto devs with fake job interviews and deliver malware.
๐ฏ Target: Developers
๐ฃ Method: Fake job offers + malware
๐ญ Tools: AI-generated employee profiles
๐ฐ Goal: Steal wallet credentials & access real companies
Same trick Lazarus used in the infamous Axie Infinity ($625M) and Harmony ($100M) hacks. Since 2017, theyโve looted over $3B in crypto. ๐
๐ Cybersecurity firm Silent Push reports that Lazarus Groupโs subgroup Contagious Interview created three fake companies โ including BlockNovas (New Mexico) and SoftGlide (New York) โ to lure crypto devs with fake job interviews and deliver malware.
๐ฏ Target: Developers
๐ฃ Method: Fake job offers + malware
๐ญ Tools: AI-generated employee profiles
๐ฐ Goal: Steal wallet credentials & access real companies
Same trick Lazarus used in the infamous Axie Infinity ($625M) and Harmony ($100M) hacks. Since 2017, theyโve looted over $3B in crypto. ๐
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๐ค Hopium rising: BTC to $420K if it follows Jesse Livermoreโs legendary trading cycle, claims one trader.
The chart comparison looks a bit too optimisticโฆ but hey, with Trump eyeing the White House again, people are ready to believe even in Livermore-style crypto prophecies ๐
The chart comparison looks a bit too optimisticโฆ but hey, with Trump eyeing the White House again, people are ready to believe even in Livermore-style crypto prophecies ๐
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Crypto soothsayer
โฝ๏ธ Tether buys a stake in Juventus! Tether has officially acquired a minority stake in the legendary football club Juventus. The deal's exact size and value remain undisclosed. ๐ฐ๐ง With $13B in 2024 profits, Tether has been diversifying beyond stablecoinsโฆ
โฝ๏ธ Tether now owns 10% of Juventus! ๐ธ
Tether has officially boosted its stake in legendary football club Juventus to over 10%, solidifying its position as a major shareholder, according to the latest blog update.
This move signals deeper integration between crypto and traditional sports โ and Tether clearly isn't just playing defense. ๐๐ฅ
Tether has officially boosted its stake in legendary football club Juventus to over 10%, solidifying its position as a major shareholder, according to the latest blog update.
This move signals deeper integration between crypto and traditional sports โ and Tether clearly isn't just playing defense. ๐๐ฅ
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Bitcoin's Key Resistance: $96,000 ๐
Bitcoinโs next big hurdle is at $96,000โthe average entry price for short-term holders (3-6 months). After enduring a rough three months, these holders are now selling off as BTC rebounds, putting a stop to its growth. ๐
CryptoQuant reports that exchanges have absorbed the recent selling pressure, meaning BTC could be ready to break through this key resistance and take off! ๐
๐ Watch for a potential breakout as demand outweighs supply, setting Bitcoin up for the next leg up.
Bitcoinโs next big hurdle is at $96,000โthe average entry price for short-term holders (3-6 months). After enduring a rough three months, these holders are now selling off as BTC rebounds, putting a stop to its growth. ๐
CryptoQuant reports that exchanges have absorbed the recent selling pressure, meaning BTC could be ready to break through this key resistance and take off! ๐
๐ Watch for a potential breakout as demand outweighs supply, setting Bitcoin up for the next leg up.
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๐ Citigroup: Stablecoin Market Could Hit $3.7 Trillion by 2030
In a new report, Citigroup lays out 3 scenarios for the future of stablecoins:
๐ป Bear case: $0.5T โ if regulation stays tight and adoption remains low.
๐ Base case: $1.6T โ with moderate growth in trading and payments.
๐ Bull case: $3.7T โ if stablecoins go mainstream for global payments.
๐ต 90% of all stablecoins are expected to be USD-backed, and issuers could end up holding over $1T in U.S. treasuries, rivaling major global banks.
Main use cases?
โข Crypto trading
โข Cross-border payments
โข Global settlements
โข Bank liquidity optimization
Looks like stablecoins arenโt so stable... they're growing fast.
In a new report, Citigroup lays out 3 scenarios for the future of stablecoins:
๐ป Bear case: $0.5T โ if regulation stays tight and adoption remains low.
๐ Base case: $1.6T โ with moderate growth in trading and payments.
๐ Bull case: $3.7T โ if stablecoins go mainstream for global payments.
๐ต 90% of all stablecoins are expected to be USD-backed, and issuers could end up holding over $1T in U.S. treasuries, rivaling major global banks.
Main use cases?
โข Crypto trading
โข Cross-border payments
โข Global settlements
โข Bank liquidity optimization
Looks like stablecoins arenโt so stable... they're growing fast.
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โฝ๏ธ MetaMask Now Lets You Pay Gas Fees with Different Tokens!
๐ฆ MetaMask has rolled out a new feature allowing users to pay for gas not just with ETH, but also with tokens like USDT, USDC, DAI, wETH, wBTC, wstETH, and wSOL on the Ethereum mainnet.
๐ง Make sure you update to the latest extension version v12.16 to use this new option. Gas just got way more flexible! ๐
๐ฆ MetaMask has rolled out a new feature allowing users to pay for gas not just with ETH, but also with tokens like USDT, USDC, DAI, wETH, wBTC, wstETH, and wSOL on the Ethereum mainnet.
๐ง Make sure you update to the latest extension version v12.16 to use this new option. Gas just got way more flexible! ๐
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๐ฑ Swan Reveals Brutal Data for Altcoins
The classic HOLD strategy that made Bitcoiners rich doesn't work for alts. Swan shared how long it took major altcoins to lose 90% of their value against BTC:
โช๏ธQTUM โ 17 months
โช๏ธ Polygon (MATIC) โ 23 months
โช๏ธ ICP โ 24 months
โช๏ธ Cardano (ADA) & XRP โ 36 months
โช๏ธ Litecoin (LTC) โ 69 months
โช๏ธ Monero (XMR) โ 72 months
Researchers say Moneroโs "resilience" is actually just a slower death. ๐
The classic HOLD strategy that made Bitcoiners rich doesn't work for alts. Swan shared how long it took major altcoins to lose 90% of their value against BTC:
โช๏ธQTUM โ 17 months
โช๏ธ Polygon (MATIC) โ 23 months
โช๏ธ ICP โ 24 months
โช๏ธ Cardano (ADA) & XRP โ 36 months
โช๏ธ Litecoin (LTC) โ 69 months
โช๏ธ Monero (XMR) โ 72 months
Researchers say Moneroโs "resilience" is actually just a slower death. ๐
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๐จ ETH to $5K by Summer?
Justin Sun is back with another bold prediction โ he expects Ethereum to smash through $5,000 before summer. ๐
He links the potential rally to ETHโs upcoming 10-year anniversary celebration. ๐
๐ฃ Is he onto something this time or just dreaming again?
Justin Sun is back with another bold prediction โ he expects Ethereum to smash through $5,000 before summer. ๐
He links the potential rally to ETHโs upcoming 10-year anniversary celebration. ๐
๐ฃ Is he onto something this time or just dreaming again?
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๐ Bull run vibes are back!
CryptoQuantโs Bitcoin Bull Score Index just hit 60, signaling a strong wave of renewed optimism. ๐
Demand for Bitcoin and stablecoin liquidity is growing again โ looks like the bulls are officially waking up! ๐
CryptoQuantโs Bitcoin Bull Score Index just hit 60, signaling a strong wave of renewed optimism. ๐
Demand for Bitcoin and stablecoin liquidity is growing again โ looks like the bulls are officially waking up! ๐
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๐จ Massive Bitcoin Theft Spikes Monero Price!
Around 3,520 BTC (~$330M) were suspiciously moved from a potential victimโs wallet, according to blockchain sleuth ZachXBT. ๐ต๏ธโโ๏ธ
The funds were split across six exchanges and heavily swapped for Monero (XMR) to obscure the trail, triggering a 50% surge in XMR price due to overwhelming demand and low liquidity. ๐
Full story: suspected theft + laundering frenzy fueled the sudden rally. ๐
Around 3,520 BTC (~$330M) were suspiciously moved from a potential victimโs wallet, according to blockchain sleuth ZachXBT. ๐ต๏ธโโ๏ธ
The funds were split across six exchanges and heavily swapped for Monero (XMR) to obscure the trail, triggering a 50% surge in XMR price due to overwhelming demand and low liquidity. ๐
Full story: suspected theft + laundering frenzy fueled the sudden rally. ๐
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๐ฅ Last week, the total net inflow into spot Bitcoin ETFs surpassed $3 billion โ massive numbers comparable to the Bitcoin ETF buying frenzy after Trump's election victory! ๐บ๐ธ๐
Meanwhile, spot Ethereum ETFs saw a net inflow of $157 million over the same period. ETH interest is growing, but BTC remains the clear favorite among institutional investors! ๐
Meanwhile, spot Ethereum ETFs saw a net inflow of $157 million over the same period. ETH interest is growing, but BTC remains the clear favorite among institutional investors! ๐
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๐ Nike Faces $5M Lawsuit Over RTFKT NFT Shutdown ๐ฅ
Nike is in hot water! A class action lawsuit has been filed after the company shut down its NFT platform, RTFKT, causing its Nike-themed NFTs to lose significant value. ๐ฑ
Buyers of these NFTs are accusing Nike of a "rug pull" and selling unregistered securities. The lawsuit claims Nike hyped the NFTs using its brand and marketing power, only for the platform to close, leaving investors with worthless assets. ๐
RTFKT, which Nike acquired in 2021, announced in December that it would wind down by January. The plaintiffs argue they never wouldโve bought the NFTs had they known the platform was shutting down.
The lawsuit is seeking over $5 million in damages, citing violations of consumer protection laws. โ๏ธ
Looks like Nike's NFT game just kicked a penalty! ๐
Nike is in hot water! A class action lawsuit has been filed after the company shut down its NFT platform, RTFKT, causing its Nike-themed NFTs to lose significant value. ๐ฑ
Buyers of these NFTs are accusing Nike of a "rug pull" and selling unregistered securities. The lawsuit claims Nike hyped the NFTs using its brand and marketing power, only for the platform to close, leaving investors with worthless assets. ๐
RTFKT, which Nike acquired in 2021, announced in December that it would wind down by January. The plaintiffs argue they never wouldโve bought the NFTs had they known the platform was shutting down.
The lawsuit is seeking over $5 million in damages, citing violations of consumer protection laws. โ๏ธ
Looks like Nike's NFT game just kicked a penalty! ๐
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๐ Standard Chartered: Bitcoin's Headed to the Moon ๐ in Q2!
Big banks are bullish! Standard Chartered says Bitcoin could hit $120,000 this quarter and skyrocket to $200,000 by end of 2025. ๐
Why? ๐
โช๏ธ Smart money fleeing U.S. assets
โช๏ธ Whales stacking sats ๐
โช๏ธ Massive inflows into Bitcoin ETFs ๐ฐ
With U.S. markets wobbling, inflation heating up, and ETF capital shifting from gold to BTC, investors are saying: "In Bitcoin We Trust." ๐ฅ
Geoffrey Kendrick from the bank says the breakout is โimminent,โ and past patterns suggest when BTC movesโit moves fast. โก๏ธ
Hold onto your wallets. The bull might be back in town. ๐
Big banks are bullish! Standard Chartered says Bitcoin could hit $120,000 this quarter and skyrocket to $200,000 by end of 2025. ๐
Why? ๐
โช๏ธ Smart money fleeing U.S. assets
โช๏ธ Whales stacking sats ๐
โช๏ธ Massive inflows into Bitcoin ETFs ๐ฐ
With U.S. markets wobbling, inflation heating up, and ETF capital shifting from gold to BTC, investors are saying: "In Bitcoin We Trust." ๐ฅ
Geoffrey Kendrick from the bank says the breakout is โimminent,โ and past patterns suggest when BTC movesโit moves fast. โก๏ธ
Hold onto your wallets. The bull might be back in town. ๐
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๐ผ MicroStrategy Just Can't Stop Buying Bitcoin! ๐งพ
Michael Saylorโs shopping spree continues:
๐ธ Another 15,355 BTC scooped up for $1.42B at an average of $92,737 per coin! ๐ณ
As of April 27:
๐ Total holdings = 553,555 BTC
๐ฐ Total spent = $37.9B
๐ Avg. price per BTC = $68,459
When others dollar-cost average into coffee, Saylor DCAโs into digital gold. โ๏ธโก๏ธ๐ช
At this point, MicroStrategy isnโt a software company โ itโs a Bitcoin ETF in disguise. ๐
Michael Saylorโs shopping spree continues:
๐ธ Another 15,355 BTC scooped up for $1.42B at an average of $92,737 per coin! ๐ณ
As of April 27:
๐ Total holdings = 553,555 BTC
๐ฐ Total spent = $37.9B
๐ Avg. price per BTC = $68,459
When others dollar-cost average into coffee, Saylor DCAโs into digital gold. โ๏ธโก๏ธ๐ช
At this point, MicroStrategy isnโt a software company โ itโs a Bitcoin ETF in disguise. ๐
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Crypto soothsayer
๐ผ MicroStrategy Just Can't Stop Buying Bitcoin! ๐งพ Michael Saylorโs shopping spree continues: ๐ธ Another 15,355 BTC scooped up for $1.42B at an average of $92,737 per coin! ๐ณ As of April 27: ๐ Total holdings = 553,555 BTC ๐ฐ Total spent = $37.9B ๐ Avg. priceโฆ
๐ Bitcoin Titans: Strategy vs. BlackRock
After yesterdayโs BTC shopping spree, Strategy now holds 553,555 BTC โ just 20,000 BTC shy of overtaking BlackRock with its 573,869 BTC stash. ๐ฐ
The Bitcoin heavyweight race is heating up! ๐ฅ
Will Strategy flip the king of asset managers next? Stay tuned... ๐๐ฅ
After yesterdayโs BTC shopping spree, Strategy now holds 553,555 BTC โ just 20,000 BTC shy of overtaking BlackRock with its 573,869 BTC stash. ๐ฐ
The Bitcoin heavyweight race is heating up! ๐ฅ
Will Strategy flip the king of asset managers next? Stay tuned... ๐๐ฅ
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