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

🤔 Would you belief this Zoom hyperlink? One investor’s expensive 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 Worry 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 stylish?

Bitcoin is nearing $90K, having elevated by $8,343.04 simply yesterday – the most important day by day achieve ever. And earlier than you credit score this surge to Donald Trump’s election victory, analyst Jesse Myers has a unique take. He says we’re in a post-halving provide crunch that is sending demand hovering. It is simply fundamental 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 belongings 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”;

– “Sure, boss, I am completely carrying 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 affix 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 lately.

Lemme inform you the story of 1 investor, generally known as Nonetheless within the Recreation on X. This particular person had $6.09 million price 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, however it was actually a phishing web site that put in malware and drained their pockets.

Now, the investor’s acquired the FBI and a forensic staff on the case to attempt to assist recuperate 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 appears to be like like this: us02web.zoom[.]us = 🥳

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

Keep secure on the market, fellas. And put these pants on (or do not – we would 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 turn out to be 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 high 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 function” as a validator, pushing NEAR’s institutional targets ahead.

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