Observer
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Keep up with crypto, tech, security & everything happening in the com

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⚠️ JUST IN: TON Pumps 36% as Telegram announces MTONGA step 3/7

$TON hit a 4-month high of $1.80, up 36% in 24 hours after Durov announced step 3 of 7 of MTONGA. Telegram replaces the TON Foundation as the main ecosystem driver and becomes its largest validator.

New ton.org, new dev tools and performance upgrades expected within 2-3 weeks.

Are steps 4-7 going to send it even higher? 👇

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⚠️ JUST IN: Coinbase Sued for Withholding $55M Hack Funds After Freezing Them

A Puerto Rican victim of a $55M DAI phishing hack is suing Coinbase for refusing to return frozen funds despite sworn proof of ownership. The victim clicked a fake DefiSaver link in August 2024, unknowingly granting attackers wallet control. Investigators traced the funds to a Coinbase retail account, Coinbase froze them, but then demanded a court order before returning anything.

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⚠️ JUST IN: Germany's .de Internet is Down

DENIC, the registry managing all .de domains, broke a critical security signature on the entire .de zone tonight. Amazon.de Google.de, Telekom.de and thousands of sites are unreachable globally.

DENIC confirmed the disruption on their status page. Started around 9:40 PM Berlin time.

EXPLANATION:
Every .de domain has a digital signature that proves it's legitimate. DENIC accidentally invalidated that signature for the entire .de zone, so most DNS servers worldwide are refusing to load any .de site as a security precaution. It's not a hack, someone just pushed a broken update.


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⚠️ JUST IN: Australia Seizes 52.3 BTC in one of country's biggest crypto seizure

NSW Police raided a suburban home in Ingleburn on May 4, seizing 52.3 BTC (~$5.7M) linked to darknet activity. Two men, aged 39 and 41, were identified as wallet holders. A previous raid in May 2025 had already netted $47K in crypto and cocaine. One of the biggest cryptocurrency seizures in Australian history.

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😂 FUN FACT: Revolut Listed Bitcoin at $0.02 While It Was Trading at $80K

A technical glitch on Revolut briefly showed Bitcoin at $0.02, a 99.999% discount from the real price. No, you could not buy it.

Would you have tried? 👇

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⚠️ JUST IN: Telegram Adds Native TON Gambling for Level 5+ Users

Telegram users with a level 📛 or higher account can now send a dice emoji in any chat to gamble their TON directly inside the app. No third-party casino needed.

Is Telegram becoming a crypto casino? 👇

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Prize: $500

Hosted By: @observer

Giveaway Conditions:
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• Must be a member of @MiraDexIO

Entries: 1222

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Winners:
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😂 FUN FACT: CZ's Theory on Elon Musk: He's an Alien

Binance founder CZ has a theory on Elon Musk: "He is an alien. He wants to return to his home planet, and Mars is just a stepping stone."

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😂 FUN FACT: Armed gang raids wrong couple looking for Crypto in France

Three armed men broke into a home in Seine-Saint-Denis at 5 AM, tied up a couple and beat them searching for crypto.

They found nothing and fled empty-handed. Police spotted the suspects in northern Paris shortly after but failed to apprehend them.

France's crypto wrench attack wave shows no signs of stopping. 👇

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⚠️ JUST IN: France opens criminal investigation against X and Elon Musk

The Paris prosecutor's office opened a formal criminal investigation on May 6 against X Corp, X.AI and Elon Musk, alongside CEO Linda Yaccarino. Charges include illegal data collection, CSAM distribution, violation of electronic communications secrecy and facilitating illegal transactions via organized crime.

@durov responded by accusing France of doing exactly what it charges X with, pointing to the France Titres data breach exposing 19M citizens and calling the investigation a political attack ahead of France's 2027 elections.

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🛡 SCAM: Collector loses $800K in fake USDT swap on GetGems

A major Chinese collector was scammed out of the anonymous short number +888 8 321, valued at over $800K.

The attackers managed to send fake swap offers using counterfeit USDT on GetGems.

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⚠️ JUST IN: TransitFinance appears to have been hacked for ~$1.8M.

The team says the exploit targeted a deprecated legacy smart contract on TRON that had been inactive since 2022. TransitFinance claims the current contract remains secure and unaffected, and says impacted users will receive full compensation.

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⚠️ JUST IN: ThorChain was likely exploited for ~$10M across Bitcoin, Ethereum, BNB Chain and Base.

Stolen assets include 36.75 BTC (~$3M) and ~$7M in other crypto.

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⚠️ JUST IN: Satoshi’s Bitcoins could become a quantum time bomb

Many of Satoshi’s coins were mined with exposed public keys, meaning a sufficiently powerful quantum computer could derive the private keys and drain the wallets.

If that happens, ~1M BTC hitting the market at once could crash the price catastrophically.

(I'm back from holidays and ready to post again!) ☺️

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⚠️ JUST IN: Thai police raid illegal Bitcoin mining operation in Lampang

Authorities raided a commercial building in Lampang, northern Thailand, after neighboring properties reported overheating and melting electrical cables. Inside they found mining rigs illegally tapped into the main power supply.

The building's official electricity bill was $11/month. Actual consumption was $81,000 worth of stolen power. Part of a wider Thai crackdown that has already netted thousands of rigs across multiple provinces.

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⚠️ JUST IN: Verus linked MezoUpshift tBTC Vault got exploited for ~$11.58M

Attacker: 0x65cb8b128bf6e690761044cceca422bb239c25f9

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😂 FUN FACT: Durov says phones are distracting and…

The man who said “I don’t carry a phone, I find it extremely distracting” spent 3h 40min daily on Telegram last week, opened the app 583 times in 7 days, and had a single session of 5h 42min. His longest offline stretch was under 15 hours. (data shared by @Heritage)

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⚠️ JUST IN: Under 100,000 blocks left until the next Bitcoin halving

The next halving is expected between April 12-17, 2028. Every halving has historically preceded a major bull run.

EXPLANATION OF HALVING:
Every 210,000 blocks, the reward miners receive for validating transactions gets cut in half. When Bitcoin launched in 2009, miners earned 50 BTC per block. Today it's 3.125 BTC. After the next halving it drops to 1.5625 BTC. Less new Bitcoin entering circulation means less selling pressure from miners, historically pushing the price up. The last three halvings in 2012, 2016 and 2020 all preceded all-time highs within 12-18 months.


Are we ready for it? 👇

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