Crypto Whale Nets $5.66M Profit Fast
A crypto whale made a $5.66M profit in two weeks by investing in $AI16Z, which surged 33% recently, showcasing lucrative opportunities in crypto. #Breaking #Crypto @Lookonchain ↗ (+8)
Crypto Hacks 2024: Biggest Exploits Revealed
Hackers stole over $2.2B in 2024, surpassing 2023’s total; major victims include @DMM_Bitcoin, @PlayDapp_io, and @WazirXIndia, highlighting vulnerabilities in both DeFi and centralized exchanges. #Breaking #Crypto @TRMLabs ↘ (-8)
Bitcoin ETFs Surge with $38.3B Inflows
US-listed Bitcoin and Ether ETFs recorded $38.3B in net inflows in their launch year, with 80% demand from retail; analysts foresee institutional growth by 2025. #ETF @Cointelegraph ↗ (+3)
North Korea Accused in DMM Crypto Hack
North Korean hackers stole $308M in 4,502.9 $BTC from @BitcoinDMM in May, forcing closure; linked to TraderTraitor via social engineering. #Breaking #Crypto @BitcoinDMM ↘ (-9)
IRS Digital Asset Reporting Rules Unveiled
IRS finalizes rules mandating DeFi front-ends as brokers, requiring disclosure of digital asset sales proceeds. #Breaking #Legal @IRSnews ↘ (-6)
Solana Co-Founder Accused of Crypto Misuse
Stephen Akridge, @Solana co-founder, sued by ex-wife Elisa Rossi for misappropriating “millions” from $SOL staking rewards (Dec 27, 2024). #Breaking #Legal @Solana ↘ (-7)
Solana Co-Founder Accused of Millions
Eliza Rossi sues Stephen Akridge, @SolanaLabs co-founder, in Superior Court of San Francisco County for allegedly concealing millions in $SOL staking earnings during 2024 divorce. #Breaking #Legal @SolanaLabs ↘ (-6)
Crypto Scams Surge: $3.6B Lost
Pig butchering scams caused $3.6B in crypto losses in 2024, becoming the year’s most significant fraud scheme, per @Cyvers report. #Breaking #Crypto @Cyvers ↘ (-7)
Do Kwon Extradition Approved by Montenegro
Terraform creator Do Kwon will be extradited to the U.S., Montenegrin Justice Minister Bojan Božović confirmed, following a Supreme Court ruling. This decision impacts ongoing legal actions related to the Terra/Luna collapse. #Breaking #Legal @TerraformLabs ↘ (-7)
Extradition Approved Montenegro Sends Do Kwon
Montenegro’s Justice Minister approved Terraform Labs founder Do Kwon’s extradition to the US following a court ruling, highlighting international legal complexities in crypto. #Breaking #Legal @TerraformLabs ↘ (-6)
Crypto: Buterin Adopts Moo Deng
Howells’ legal battle to recover a lost $773M Bitcoin hard drive aims to fund blockchain innovation, as @VitalikButerin adopts Moo Deng, highlighting crypto’s evolving landscape. #Legal @Cointelegraph ↗ (+3)
Crypto Shakeup Biden’s Rule Revolutionizes Industry
Biden’s New Crypto Rule Shakes Entire Industry – Full IRS Oversight Incoming: The U.S. Department of the Treasury and IRS mandate crypto platforms to report all transactions, sparking industry backlash and potential legal challenges. #Breaking #Legal @USTreasury ↘ (-7)
Bitcoin ETF Filings Boost Institutional Adoption
@BitwiseInvest files for ETF tracking firms with 1,000+ $BTC, while @StriveFunds launches Bitcoin Bond ETF. Institutional crypto adoption accelerates with @KULRTechnology’s $21M BTC purchase. #Breaking #ETF @BitwiseInvest ↗ (+8)
Bitcoin Boosts KULR Stock to High
@KULRTech has acquired 217.18 $BTC for $21M, marking its first Bitcoin purchase as part of a strategic shift to use the cryptocurrency as a reserve asset, boosting its stock to an all-time high. #Breaking #Crypto @KULRTech ↗ (+8)