Cyberpunk.eth

@nftpunketh

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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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Facebook, Instagram, Threads, and WhatsApp suffered a massive worldwide Wednesday afternoon, with services impacted in varying degrees based on user's region. According to DownDetector, the outage occurred at approximately 12:40 PM ET, with many users unable to access the services through the websites and apps or send messages through WhatsApp. When users attempted to access Facebook, they were greeted with errors stating, "Sorry, something went wrong. We're working on getting this fixed as soon as we can."

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Amazon shareholders at a conservative think tank have sent a proposal to the retail and tech giant, urging it to create a Bitcoin treasury reserve following a record-breaking run for the largest cryptocurrency. In a shareholder proposal dated December 6, The National Center for Public Policy Research asked Amazon to consider holding at least 5% of its assets in Bitcoin. The think tank argued that converting Amazon's assets into the cryptocurrency could protect the value of those funds in an intense inflationary environment. “Though Bitcoin is currently a volatile asset… corporations have a responsibility to maximize shareholder value over the long-term as well as the short-term,” the think tank wrote in the shareholder proposal.

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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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Anyone who has interacted with the Remilia community will know they’ve created one of the most confusing and self-referential corners of the internet. The upcoming CULT token launch is no different. Since the token was first announced there has been a pre-sale and tons of deep fried memes—but not much else. A Telegram channel is currently packed with 5,000 people spamming a slot machine emoji over and over. If you ask when the token is coming, you simply hear the answer, “don’t worry about it.” So, what is going on?

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The legitimate Solana JavaScript SDK was temporarily compromised yesterday in a supply chain attack, with the library backdoored with malicious code to steal cryptocurrency private keys and drain wallets. Solana offers an SDK called "@solana/web3.js" used by decentralized applications (dApps) to connect and interact with the Solana blockchain. Supply chain security firm Socket reports that Solana's Web3.js library was hijacked to push out two malicious versions to steal private and secret cryptography keys to secure wallets and sign transactions

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At one point early Wednesday, Bitcoin analysts were saying that a worrying amount of BTC had been transferred onto exchanges, and the asset faced a steep sell wall on its way to a six-digit milestone. But that didn't last very long. Last last night during U.S. trading hours, Bitcoin climbed as high as $103,679 according to CoinGecko data. And even now, as the Bitcoin price hovers at $103,511—having climbed nearly 8% compared to this time yesterday—it's within striking distance of another new all-time high mark.

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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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Privacy-focused cryptocurrency Monero surged to over $211.07 earlier today—its highest value since May 2022. At time of publication, Monero has pulled back slightly from its local high, and is currently priced at $205.05, up 17.8% on the day and 30.6% on the week, per data from CoinGecko. Monero's upward momentum comes as the wider privacy coin sector has heated up over the past week, with the category as a whole up over 12% in the past 24 hours alone, according to CoinGecko data. Leading the pack in weekly gains are cryptocurrencies including Haven (up 217%), Verge (up 188%%), Zcash (up 27.5%), and Decred (up 30%).

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Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius, will plead guilty to U.S. federal fraud charges, Reuters reported Tuesday. Mashinsky reportedly said in a court hearing that he would plead guilty to two of the seven fraud counts levied against him: commodities fraud and conspiring to manipulate the price of the firm's CEL token. The disgraced crypto founder's trial was set to begin on January 28, 2025, after a motion from his lawyers to dismiss two charges was denied by U.S. District Judge John Koeltl in November. "I know what I did was wrong, and I want to try to do whatever I can to make it right," Mashinksy was quoted saying in court Tuesday.

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A new phishing-as-a-service (PhaaS) platform named 'Rockstar 2FA' has emerged, facilitating large-scale adversary-in-the-middle (AiTM) attacks to steal Microsoft 365 credentials. Like other AiTM platforms, Rockstar 2FA enables attackers to bypass multifactor authentication (MFA) protections on targeted accounts by intercepting valid session cookies. These attacks work by directing victims to a fake login page that mimics Microsoft 365 and tricking them into entering their credentials.

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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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The feds on Monday moved nearly $2 billion of seized Bitcoin from shuttered dark web marketplace Silk Road to Coinbase, blockchain data shows. Arkham Intelligence flagged the transactions by the United States government. It said that the Bitcoin was from the Silk Road marketplace, and was ultimately moved to America’s biggest digital asset exchange after a brief stop at another Bitcoin wallet. Ultimately, 19,800 BTC—or $1.92 billion worth—was transferred. Feds shut down the Silk Road online black market back in 2014. The platform was widely used to buy illegal drugs and services—often with cryptocurrencies like Bitcoin.

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A venture capitalist, a recruiter from a big company, and a newly hired remote IT worker might not seem to have much in common, but all have been caught as imposters secretly working for the North Korean regime, according to security researchers. On Friday at Cyberwarcon, an annual conference in Washington DC focused on disruptive threats in cyberspace, security researchers offered their most up-to-date assessment of the threat from North Korea. The researchers warned of a sustained attempt by the country’s hackers to pose as prospective employees seeking work at multinational corporations, with the aim of earning money for the North Korean regime and stealing corporate secrets that benefit its weapons program. These imposters have raked in billions of dollars in stolen cryptocurrency over the past decade to fund the country’s nuclear weapons program, dodging a raft of international sanctions.

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Russian-based RomCom cybercrime group chained two zero-day vulnerabilities in recent attacks targeting Firefox and Tor Browser users across Europe and North America. The first flaw (CVE-2024-9680) is a use-after-free bug in Firefox's animation timeline feature that allows code execution in the web browser's sandbox. Mozilla patched this vulnerability on October 9, 2024, one day after ESET reported it. The second zero-day exploited in this campaign is a privilege escalation flaw (CVE-2024-49039) in the Windows Task Scheduler service, allowing attackers to execute code outside the Firefox sandbox. Microsoft addressed this security vulnerability earlier this month, on November 12. RomCom abused the two vulnerabilities as a zero-day chain exploit, which helped them gain remote code execution without requiring user interaction. Their targets only had to visit an attacker-controlled and maliciously crafted website that downloaded and executed the RomCom backdoor on their system. Based on the name of one o…

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Crypto mixer Tornado Cash just flipped the script on the Treasury—and privacy coins are reaping the rewards. Tornado Cash’s native token, TORN, soared to highs of almost $35 Tuesday morning, after the U.S. Fifth Circuit Court ruled that immutable smart contracts cannot be classified as “property” under existing law. At time of publication, TORN has pulled back from its local high to trade at $17.17—up 382.9% on the day, per CoinGecko data. The court's landmark decision struck a blow to the U.S. Treasury Department’s sanctions authority, triggering a market-wide rally in privacy-focused cryptos. Railgun (RAIL) surged 36.6% to $0.98, Zcash (ZEC) climbed 26.5% to $56.92, Beam (BEAM) increased 19.8% to $0.069, and DASH jumped by 11.4% to $35.79, according to CoinGecko data.

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Missing “Crypto Queen” Ruja Ignatova may be hiding in Russia to avoid criminal charges, according to a BBC investigative journalist specializing in Kremlin affairs. Ignatova was a Bulgarian-born entrepreneur who founded a fraudulent cryptocurrency ‘pyramid scheme’ known as OneCoin, which is thought to have scammed investors out of roughly $4 billion. She disappeared in 2017 and hasn’t been publicly located since. Yoran Tsalov, who also worked for Bellingcat, argued that Ignatova “has been linked to multiple people and interests connected to the Kremlin” in an email shared with Decrypt. Tsalov claims these links were confirmed by Ignatova’s former security adviser Frank Schneider during a BBC interview with him, done as part of the outlet's Missing CryptoQueen investigation and podcast series.

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The price of Bitcoin has surged this month to record highs as investors acclimate to President-elect Donald Trump. But markets are braced for Federal Reserve minutes Tuesday that could hint at whether the U.S. central bank’s easing campaign will continue apace. Earlier this month, the Fed cut its benchmark interest rate by a quarter of a percentage point, following a supersized cut of half a percentage point in September. While the reductions have bolstered so-called risk assets, investors are divided on whether a third cut is in the cards. As of this writing, Fed futures traders saw a 43% chance that the Fed will hold rates steady at its last meeting of the year ending Dec. 18, according to the CME Group’s FedWatch tool. In other words, the outlook for a rate cut in December is relatively uncertain compared to the U.S. central banks previous two policy meetings that had brought about good news for crypto.

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