Would you trust this Zoom link? One investor's costly slip

🤔 Would you belief this Zoom hyperlink? One investor’s pricey slip

Plus: Professional-crypto decide leads the US Treasury shortlist

GM. Take a gulp of our crypto lemonade! We’re squeezing the sweetest information straight from the blockchain grove.

🎣 Investor misplaced $6.09M to a phishing rip-off

🍊 Information drops: Bitget and Foresight Ventures launch a $20M fund for Telegram Mini Apps, the highest contender for US Treasury Secretary is pro-crypto + extra

🍍 Market taste right now

Why’s it so scorching up in right here?.. Oh, don’t fret, that is simply the market on fireplace 😎🔥 The Concern and Greed Index cranked as much as 80, virtually begging for “Excessive Greed” standing. The crypto market cap’s at $2.98T – we’re about to outshine France’s GDP. Does this imply we’re additionally fancy sufficient to smoke cigarettes each 5 minutes and make it look elegant?

Bitcoin is nearing $90K, having elevated by $8,343.04 simply yesterday – the most important each day achieve ever. And earlier than you credit score this surge to Donald Trump’s election victory, analyst Jesse Myers has a special take. He says we’re in a post-halving provide crunch that is sending demand hovering. It is simply primary economics: fewer cash, larger demand, and booyaka – up go the costs. As Myers put it: “Welcome to the post-2024 halving bull market. This factor goes a lot greater.”

In the meantime, Bitcoin ETFs are nonetheless very a lot in on the motion, attracting $1.1B in inflows yesterday. Bloomberg’s Eric Balchunas notes that property in these ETFs have soared to $84B – that is already two-thirds of what gold ETFs maintain. He even suggests BTC ETFs would possibly overtake gold earlier than their first birthday. *Sniff* they develop up so quick… 🥹

Ethereum ETFs aren’t slowing down both – they noticed $294.9M in inflows yesterday, smashing their earlier excessive.

So what is the takeaway? It is anybody’s guess how excessive the crypto market can go. Whether or not you are a seasoned dealer or simply crypto-curious, now’s positively an exhilarating time to be within the loop 🚀

🎣 Phish occurs

For those who had been round in 2020 (and if not, you are a child who is aware of precisely how the f*ck to spend their childhood effectively; props to you), you positively know Zoom. It is the land of:

– “No, professor, I haven’t got all my notes on show behind the display screen”;

– “Sure, boss, I am completely sporting pants proper now”;

– These awkward moments if you’ve mentioned “Bye” however cannot discover the “Go away assembly” button;

– Sitting in silence whereas ready for the final particular person to hitch the assembly, trying like this:

Ah, golden reminiscences. However pay attention up, y’all – we gotta watch out about which Zoom calls we’re hopping on today.

Lemme inform you the story of 1 investor, referred to as Nonetheless within the Recreation on X. This particular person had $6.09 million value of Gigachad (GIGA) tokens. And all of the sudden, they dumped all their holdings (spoiler alert: they did not actually do it).

Seems Nonetheless within the Recreation clicked on what appeared like a Zoom hyperlink, but it surely was actually a phishing web site that put in malware and drained their pockets.

Now, the investor’s obtained the FBI and a forensic workforce on the case to try to assist get better the stolen cash. Btw, it additionally looks like it is the beginning of their villain period, as STIG posted this: “I’ll make all of it again and extra. Simply watch me” 😈

So, how do you keep away from this mess? At all times re-re-re-check the hyperlink!

The conventional one seems to be like this: us02web.zoom[.]us = 🥳

The nasty one seems to be like this: us04-zoom[.]us = 🙅

Keep secure on the market, fellas. And put these pants on (or do not – we might by no means know anyway).

📰 Information drops

💰 Bitget Pockets and Foresight Ventures launched a $20M fund to supercharge the Telegram Mini Apps ecosystem. The plan contains tech steerage with Bitget’s OmniConnect developer package, plus a wholesome dose of operational and advertising and marketing help.

💵 Agora’s AUSD has develop into the native foreign money for AggLayer, a cross-chain settlement system within the Polygon ecosystem. This stablecoin ensures regular worth, giving builders a dependable base for secure transactions and strong liquidity.

🐂 Scott Bessent, a prime contender for US Treasury Secretary in Trump’s new administration, is pro-crypto. He is reportedly mentioned, “Crypto’s about freedom, and the crypto financial system right here to remain.”

☎️ Deutsche Telekom AG, the fifth-biggest telecom big globally, is becoming a member of NEAR’s Enterprise Node Operators program to spice up community safety and decentralization. The corporate says it will play a “key position” as a validator, pushing NEAR’s institutional objectives ahead.

🌕 MoonPay teamed up with Injective, the super-speedy blockchain for top-tier finance apps. “Thousands and thousands of MoonPay customers will now have entry to INJ,” mentioned Eric Chen, Injective’s co-founder and CEO.