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Cyberpunk.eth

@nftpunketh

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Crypto was dumb in 2024—like, really dumb. This year’s meme coin supercycle spawned the most bizarre characters the industry has ever seen, which is saying a lot, and conferences had us cringing weekly, all while politicians begged on their knees for the crypto vote (or at least its money). And with this, we’ve enjoyed some of the dumbest moments ever inscribed on the perfectly distributed, immutable, uncensorable Blockchain of Life. From a meme coin developer setting himself on fire to promote his meme coin (#6, below) to FARTCOIN itself piercing a billion-dollar market cap (a late breaker that we didn't even count, but Stephen Colbert did), this year was truly something all of us can be proud of. These are the moments that define us, and which we can retell endlessly to our children, and our children's children, all of whom will doubtless be basking in the generational wealth we created in 2024, and beyond. To commemorate crypto's awesomely idiotic year that was, we’ve randomly gathered an unra…
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The Pudgy Penguins floor price broke through $100,000, up more than 20% in the last 24 hours, as excitement and speculation surround the Ethereum NFT project and its upcoming token airdrop on Solana. The collection of 8,888 Penguin NFTs broke an all-time high mark last week when it began trading around $62,000. Shortly thereafter, the project’s team announced that an ecosystem token—PENGU—will be launched on Solana in the near future, rewarding holders of the Pudgy Penguins ecosystem and beyond. Since that time, Pudgy Penguins has cemented itself as the second most-expensive profile picture (PFP) project, rising by 99% in the last seven days to a current price of over $103,000 worth of ETH—a new all-time high mark—and surpassing the Bored Ape Yacht Club in the process, according to data from NFT Price Floor.
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Not long after Bitcoin’s climb past $100,000, some analysts are predicting that the asset’s price could double in a year’s time. In a Thursday research note, Standard Chartered’s Global Head of Digital Assets Research Geoff Kendrick wrote that Bitcoin’s record-setting rally has been bolstered primarily by flows from institutional investors, who are flocking to spot ETFs. Meanwhile, the laser-eyed, Bitcoin-buying firm MicroStrategy has been vacuuming up the asset at a faster-than-expected clip. “In 2025, we expect institutional flows to continue at or above the 2024 pace,” Kendrick wrote, noting that regulatory shifts under President-elect Donald Trump could stoke stronger flows. “Against this backdrop, we think our end-2025 Bitcoin price target around the $200,000 level is achievable.”
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President-elect Donald Trump announced Wednesday via Truth Social that he has picked Paul Atkins, a former commissioner at the Securities and Exchange Commission (SEC), to lead the regulatory agency as its next Chairman. Representing a crypto-friendly successor to SEC Chair Gary Gensler, Atkins served as an SEC commissioner for six years following his appointment by President George W. Bush. He is currently the CEO of Patomak Global Partners, a financial services consultancy firm. "Paul is a proven leader for common sense regulations," Trump wrote. "He believes in the promise of robust, innovative capital markets that are responsive to the needs of investors, and that provide capital to make our economy the best in the world. He also recognizes that digital assets and other innovations are crucial to making America greater than ever before."
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The price of Bitcoin tumbled Tuesday on Upbit, South Korea’s largest crypto exchange, falling as low as $61,600 as the country’s president, Yoon Suk Yeol, declared martial law. The measure, which was announced by Yoon in a late-night television address, came alongside accusations that South Korea’s main opposition party was sympathizing with North Korea, per CNN. Yoon reportedly accused the party of “clear anti-state behavior aimed at inciting rebellion.” Priced in South Korean won, Bitcoin’s value fell as low as ₩88,266,000 on Upbit, darting down 33% from ₩132,429,000 in less than 30 minutes. Since then, Bitcoin’s price has slightly recovered on Upbit, valued around ₩127,000,000 worth—about $88,600 as of this writing. https://decrypt.co/294545/bitcoin-xrp-prices-plunge-south-korea-martial-law
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Black Friday is now behind us, but don’t expect this Cyber Monday to be off the radar when it comes to those looking to scam you, hack your online accounts and generally make the online sales the kind of experience you won’t want to remember. Criminal marketplaces have sales the same as any legitimate retail operation, but the items on offer are far from legal: phishing exploit kits, fake websites, cookie grabbers and, most dangerous of all, 2FA-bypassing session cookies by the millions. Here’s what you need to know. Hackers Can Buy Everything They Need To Make Your Cyber Monday A Misery On The Dark Web The busiest period of online shopping, during which the most money changes hands, continues to focus on November and December around the Black Friday and Cyber Monday sales, according to the most recent statistics. Unfortunately, for the scammers and hackers looking to exploit the online shopping frenzy following Thanksgiving, it’s also a hectic time. This spells nothing but trouble for shoppers,…
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