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@infinitychain

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The Indonesian cryptocurrency exchange, Indodax, was hacked on Tuesday, with over 22 million dollars worth of various tokens stolen.
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A trader who invested $16.7 million in Friend Tech tokens lost $16 million.
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Peter Schiff: Bitcoin ETF investors have bet on the wrong horse. Peter Schiff, an economist and gold advocate, recently criticized the performance of spot Bitcoin ETFs. In a post on the social media platform X, he claimed that despite significant inflows of capital, these products have gained less than 17%, while gold ETFs, despite seeing outflows, have grown by over 24%.
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Changpeng Zhao, also known as CZ, might be permanently banned from managing Binance.
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Ethereum is outpacing Bitcoin in attracting users. Recent data shows Ethereum (ETH) is surpassing Bitcoin (BTC) in user adoption. Over the past three months, Ethereum holders increased by 3.3% to nearly 127 million, while Bitcoin lost 50,000 addresses, dropping to 54 million. Experts attribute Ethereum's growth to its rich ecosystem.
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FBI warning: North Korea is trying to hack into the crypto ETF market!
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Stablecoin inflows are decreasing; will Bitcoin's price continue to drop? Bitcoin recently fell below $59,000, with stablecoin inflows to exchanges hitting near-record lows, indicating investor caution. Despite a slight 0.5% recovery, Bitcoin remains down 8.5% over the past week. Investors appear hesitant to buy, even at lower prices, suggesting uncertainty about the end of Bitcoin's bearish trend.
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In a major first, Coinbase enabled AI robots to make their own crypto trades!
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Ripple, the main developers of the XRP Ledger, are planning to release one billion XRP tokens on September 1st.
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USDC trading volume just hit a whopping 16 trillion dollars! Solana is leading the charge.
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The Prime Minister of Japan has declared his strong support for the Web3 industry.
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Get ready for the new DAI! It's gonna be blockable.
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An 80% increase in the market value of AI-related cryptocurrencies.
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Emmanuel Macron, the President of France, stated in a social media post that the arrest of Pavel Durov, the founder of Telegram, was in no way a political decision.🤨
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Institutional investors bought 57,000 Bitcoins in the past month.
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The cryptocurrency exchange Gate.io has become the new sponsor of Inter Milan.
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The cryptocurrency industry spent $119 million on the U.S. elections. Coinbase and Ripple are leading the way in spending, supporting crypto-friendly candidates through super PACs.
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🟥 McDonald’s Instagram Page Hacked in $700,000 Scam with Fake Token Hackers managed to break into McDonald's official Instagram account and pocketed over $700,000 in Solana (SOL) by pushing a scam involving a meme coin called Grimace. They cleverly fooled 5.1 million followers by promoting this bogus token as a McDonald's experiment on the Solana blockchain. The hackers initially snapped up 75% of the total token supply and distributed it across around 100 different wallets. The token’s market cap soared to $25 million within just 30 minutes, but after the hackers cashed out, it plummeted to $650,000. Adding insult to injury, they even updated the account's bio to brag about their $700,000 haul. McDonald's has since confirmed the hack and issued an apology.
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🟥 A user lost $55 million in cryptocurrency in a phishing attack. A cryptocurrency investor lost $55.47 million in DAI stablecoins to a phishing attack after mistakenly executing a transaction that transferred their assets to a phishing address. The attacker used the malware Inferno Drainer to carry out the theft, highlighting the ongoing threat of phishing in the crypto industry.
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Base Network reached a milestone of 4 million weekly active addresses.
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