Bitcoin whales quietly amass BTC using privacy transactions, fueling speculation
Bitcoin (BTC) whales have been accumulating BTC through privacy transactions for more than two years, according to CryptoQuant CEO and co-founder Ki Young Ju. Ki assessed the average number of transactions passing through CoinJoin, an anonymization service, and discovered that the number had tripled this cycle.
Although some may tie this to hackers laundering stolen crypto at first glance, broader data suggests a more complex story.
Bitcoin (BTC) whales have been accumulating BTC through privacy transactions for more than two years, according to CryptoQuant CEO and co-founder Ki Young Ju. Ki assessed the average number of transactions passing through CoinJoin, an anonymization service, and discovered that the number had tripled this cycle.
Although some may tie this to hackers laundering stolen crypto at first glance, broader data suggests a more complex story.
Algorand launches LiquidAuth to combat WalletConnect vulnerability
The Algorand Foundation has introduced LiquidAuth, a new tool to decentralize wallet authentication and communication in crypto.
Developers in the crypto space have experienced a vulnerability in wallet communications due to most transactions going through a centralized wallet. On Wednesday, the Algorand Foundation introduced LiquidAuth, a decentralized tool that aims to address this flaw.
LiquidAuth aims to distribute wallet communication by enabling secure, peer-to-peer connections and reducing reliance on central providers. The new project aims to tackle the significant security risk associated with centralized wallet communication services, particularly WalletConnect.
In other words, many crypto transactions are vulnerable at a single point of failure found in their wallet. This wallet is centralized and most likely relies on WalletConnet, which is susceptible to security flaws.
Using established standards and protocols, LiquidAuth allows secure, peer-to-peer communication between wallets and applications (apps or dApps).
LiquidAuth was created to address the vulnerabilities in WalletConnect, but it can also be utilized in other types of traditional web applications.
The Algorand Foundation has introduced LiquidAuth, a new tool to decentralize wallet authentication and communication in crypto.
Developers in the crypto space have experienced a vulnerability in wallet communications due to most transactions going through a centralized wallet. On Wednesday, the Algorand Foundation introduced LiquidAuth, a decentralized tool that aims to address this flaw.
LiquidAuth aims to distribute wallet communication by enabling secure, peer-to-peer connections and reducing reliance on central providers. The new project aims to tackle the significant security risk associated with centralized wallet communication services, particularly WalletConnect.
In other words, many crypto transactions are vulnerable at a single point of failure found in their wallet. This wallet is centralized and most likely relies on WalletConnet, which is susceptible to security flaws.
Using established standards and protocols, LiquidAuth allows secure, peer-to-peer communication between wallets and applications (apps or dApps).
LiquidAuth was created to address the vulnerabilities in WalletConnect, but it can also be utilized in other types of traditional web applications.
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What happens when tech memelord Elon Musk teams up with President Select Donald Trump?
You get MUDO—the ultimate narrative-driven memecoin that's taking 2025 by storm!
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Bitcoin News: China Likely Dumped 194K BTC, CryptoQuant CEO Says
Bitcoin News: The CEO of CryptoQuant claims that China has likely sold 194,000 Bitcoin, sparking market concerns and discussions.
MDespite some data suggesting China still holds the BTC, the founder trusts on-chain data over official statements, adding to market uncertainty.
Bitcoin News: The CEO of CryptoQuant claims that China has likely sold 194,000 Bitcoin, sparking market concerns and discussions.
MDespite some data suggesting China still holds the BTC, the founder trusts on-chain data over official statements, adding to market uncertainty.
Arizona is the first state to approve a bill to create a Bitcoin strategic reserve.
The bill will soon be brought to the Senate for a vote. A bold move — unless, of course, Bitcoin crashes and leaves them holding digital bags.
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AI tokens learning gravity the hard way
ai16z and VVV walked into Binance’s perpetual futures market like rockstars… and left like clearance-sale items.
ai16z: -84% since listing, now worth $0.38 (was $2.42)
VVV: -67%, now trading at $5.82 (was $18)
Analysts are calling Binance perps a “death trap”—where traders don’t just short tokens, they yeet them into the abyss while offloading spot bags.
ai16z and VVV walked into Binance’s perpetual futures market like rockstars… and left like clearance-sale items.
ai16z: -84% since listing, now worth $0.38 (was $2.42)
VVV: -67%, now trading at $5.82 (was $18)
Analysts are calling Binance perps a “death trap”—where traders don’t just short tokens, they yeet them into the abyss while offloading spot bags.
Nigeria sues Binance for $81.5B!
The Nigerian government is taking Binance to court, demanding $79.5B for economic damages and $2B in back taxes. Officials blame the exchange for the naira’s troubles and even detained two Binance executives in 2024.
The charges? Tax evasion, failure to file returns, and enabling tax avoidance. Authorities also want a 26.75% interest rate on unpaid taxes.
Binance, which isn't registered in Nigeria, has denied the money laundering accusations and halted naira trading last year.
The Nigerian government is taking Binance to court, demanding $79.5B for economic damages and $2B in back taxes. Officials blame the exchange for the naira’s troubles and even detained two Binance executives in 2024.
The charges? Tax evasion, failure to file returns, and enabling tax avoidance. Authorities also want a 26.75% interest rate on unpaid taxes.
Binance, which isn't registered in Nigeria, has denied the money laundering accusations and halted naira trading last year.
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The wait is over—Somnia’s Shannon Testnet is officially live! Named after Claude Elwood Shannon, the father of information theory, this testnet brings 1 million+ TPS, sub-second finality, and sub-cent fees to developers everywhere. 💥
🔥 What’s New:
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🛡 Increased Stability: No state wipes—build with confidence
🛠 Ready for Developers: Full infrastructure support to deploy and scale dApps
🚀 Ecosystem Growth: New projects joining every day to drive adoption
💡 Built with cutting-edge tech:
⚡️ MultiStream Consensus: Parallel transaction execution for massive scalability
🔥 IceDB: Nanosecond read/write speeds
📉 Advanced Compression: Process millions of transactions without bottlenecks
🎮 Build fully on-chain games, DeFi protocols, reactive applications, and virtual worlds!
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In the dynamic crypto market, it’s difficult to be on time with an early investment in the gem project, skip a future scam, or timely participate in a life-changing retrodrop. Also, it's challenging to get accurate, transparent and verified data on each project, influencer, or institutional investor, as well as detect scams or potential rekt in advance.
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In the dynamic crypto market, it’s difficult to be on time with an early investment in the gem project, skip a future scam, or timely participate in a life-changing retrodrop. Also, it's challenging to get accurate, transparent and verified data on each project, influencer, or institutional investor, as well as detect scams or potential rekt in advance.
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⏳Calendar of Crypto Contest: Airdrops, Retrodrops, Quests, etc.
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Hackers Steal $480M in ETH from Bybit, Convert to Bitcoin!
Hackers behind the Bybit exchange attack have moved over 209,000 ETH (~$480M) into Bitcoin, with a large portion ($240M) swapped via ThorChain, a decentralized cross-chain protocol. ⚒️
Since the attack, more than 161,000 ETH (~$370M) have been transferred through 3,934 transactions. FBI and blockchain investigators blame North Korean hacker group Lazarus, known for laundering through DeFi protocols.
The total stolen exceeds 400,000 ETH (~$1.4B at the time), though some funds were frozen. ThorChain saw record trading volumes of $737M, while validators tried to block transfers, but decentralization overruled their decisions.
Bybit has offered a reward of 15% for help freezing or recovering the stolen funds.
Hackers behind the Bybit exchange attack have moved over 209,000 ETH (~$480M) into Bitcoin, with a large portion ($240M) swapped via ThorChain, a decentralized cross-chain protocol. ⚒️
Since the attack, more than 161,000 ETH (~$370M) have been transferred through 3,934 transactions. FBI and blockchain investigators blame North Korean hacker group Lazarus, known for laundering through DeFi protocols.
The total stolen exceeds 400,000 ETH (~$1.4B at the time), though some funds were frozen. ThorChain saw record trading volumes of $737M, while validators tried to block transfers, but decentralization overruled their decisions.
Bybit has offered a reward of 15% for help freezing or recovering the stolen funds.
Peter Schiff Calls Trump’s Crypto Move the Biggest Rug Pull in History!
Economist Peter Schiff accused Trump of orchestrating the largest crypto scam ever and called for a Congressional investigation.
Schiff demands answers:
📌 Who wrote Trump’s Sunday crypto posts?
📌 Who had insider info & bought XRP, ADA, SOL, BTC, and ETH before the pump?
📌 Who dumped at the peak & how much did they make?
📌 Any emails/messages linking Trump’s staff, family, or donors to the posts?
Even die-hard crypto fans can’t ignore how shady this looks.
Economist Peter Schiff accused Trump of orchestrating the largest crypto scam ever and called for a Congressional investigation.
Schiff demands answers:
📌 Who wrote Trump’s Sunday crypto posts?
📌 Who had insider info & bought XRP, ADA, SOL, BTC, and ETH before the pump?
📌 Who dumped at the peak & how much did they make?
📌 Any emails/messages linking Trump’s staff, family, or donors to the posts?
Even die-hard crypto fans can’t ignore how shady this looks.
Making Millions on CS2 Skins – A New Trend?
While Bitcoin goes sideways, the Counter-Strike 2 skin market is exploding. The total value of digital weapons has topped $4.3 billion, and a single skin was recently sold for $1 million.
Gamers now see skins as an investment – as long as the game stays popular, prices keep climbing. While crypto traders wait for the next bull run, others are already making millions off in-game cosmetics.
While Bitcoin goes sideways, the Counter-Strike 2 skin market is exploding. The total value of digital weapons has topped $4.3 billion, and a single skin was recently sold for $1 million.
Gamers now see skins as an investment – as long as the game stays popular, prices keep climbing. While crypto traders wait for the next bull run, others are already making millions off in-game cosmetics.
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Ethereum Hits Historic Shorting Highs!
Ethereum has reached an all-time high in short positions, raising speculation among analysts about two possible outcomes:
A cascade of liquidations could occur, leading to a sharp market shift.
A short squeeze might take place, forcing short sellers to cover their positions, driving prices up.
Ethereum has reached an all-time high in short positions, raising speculation among analysts about two possible outcomes:
A cascade of liquidations could occur, leading to a sharp market shift.
A short squeeze might take place, forcing short sellers to cover their positions, driving prices up.
According to Bitcoin Magazine Pro, BTC has entered the oversold zone once again.
Since early 2023, Bitcoin has bounced up 6 times from this level.
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Bybit Exchange was accused of blocking accounts for transferring from Trust Wallet
The trader who made the transition has a long history of transfers, that time he transferred funds from another exchange, «white and fluffy with all KYC». After the transfer, this trader tried to withdraw about 10,000 USDT but the account was frozen with the wording «suspicious activity»
Bybit asked for proof of the origin of the transferred funds. When the trader showed it, support answer: «We noticed that the transfer was made using Trust Wallet. Please note that Trust Wallet is not an acceptable method for deposits»
The trader who made the transition has a long history of transfers, that time he transferred funds from another exchange, «white and fluffy with all KYC». After the transfer, this trader tried to withdraw about 10,000 USDT but the account was frozen with the wording «suspicious activity»
Bybit asked for proof of the origin of the transferred funds. When the trader showed it, support answer: «We noticed that the transfer was made using Trust Wallet. Please note that Trust Wallet is not an acceptable method for deposits»