Exploit of Iranian crypto exchange Nobitex. On-chain sleuth ZachXBT reported a possible hack of Nobitex, Iran’s largest crypto exchange. According to him, $48.65M was drained from wallets linked to the platform on the Tron network. The suspected attacker used a vanity address with a political message: TKFuckiRGCTerroristsNoBiTEXy2r7mNX.
The only Bitcoin indicator you need. We are going way higher, get ready.
JPMorgan is launching the deposit token $JPMD$JPMD on the Base blockchain. This marks the bank’s first deployment on a public blockchain network. The token represents U.S. dollar deposits and will initially be used by institutional clients. Unlike stablecoins, $JPMD may eventually generate interest and be FDIC-insured.
Thailand just approved a 5-year tax break on crypto profits — no capital gains tax until 2029. But with this cycle? Nobody has gains anyway. A rehab clinic for PumpFun victims would be more useful.
Rumors suggest that PumpFun’s account on X was suspended for refusing to pay $5K/month for API access. That’s just 0.35% of their revenue in the past 24 hours.
Mysterious trader AguilaTrades has started realizing losses on his $BTC$BTC position. He deposited $7.5M $USDC into HyperLiquid to lower the liquidation price of his 20x leveraged long. Aguila is now closing the position at a loss. His current unrealized loss exceeds $13.5M.
PumpFun continues dumping $SOL$SOL. Since May 19, 2024, PumpFun has sold around 4.1M $SOL worth $741M at an average price of ~$180. — 264,373 $SOL sold for $41.64M USDC at $158 — 3.84M $SOL (worth $699M) sent to Kraken at $182
Eigen Labs has launched EigenCloud — a cloud platform for Ethereum restaking, backed by $70 million in funding from a16z.
This guy turned $990.5K into $10.02 Hard truth of memecoins