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The Tragic Tale of 99,000 Lost Bitcoins — Worth $11.4 Billion Today
In 2010, a curious Chinese teenager named Wei Zhang stumbled across an obscure concept: a decentralized digital currency called Bitcoin. Intrigued by its potential and armed with just $10 in savings, he bought thousands of $BTC
at less than a penny each.
Fast forward a few years — as Bitcoin's value soared, so did Wei’s fortune. By 2013, his investment had turned into a small fortune. But he wasn’t done yet. At just 19, Wei launched CryptoLeap, the world’s first crypto margin trading platform, revolutionizing how people traded digital assets.
His innovation attracted traders from across the globe, turning CryptoLeap into an industry powerhouse. By 2017, Wei had amassed 99,000 $BTC , making him one of the richest individuals in crypto.
But then... disaster struck.
In early 2018, Wei received what seemed like a legitimate business proposal from a top-tier venture capital firm. Excited by the opportunity, he clicked a link in the email — unknowingly falling victim to a sophisticated phishing attack.
The hackers accessed CryptoLeap’s admin panel. Within minutes, 99,000 $BTC were gone. Stolen. Erased.
Panic rippled across the market. The news devastated the crypto community. Lawsuits piled in. Regulators swooped down. CryptoLeap collapsed. And Wei, once a symbol of brilliance and innovation, was now a cautionary tale.
At today’s prices, those 99,000 $BTC would be worth over $11.4 billion.
But Wei didn’t disappear. Instead, he shifted his focus to cybersecurity—committed to ensuring no one else suffers the fate he did. Now, he’s a mentor, a voice of wisdom in a space still prone to high stakes and hard lessons.
A story of ambition, innovation, loss, and resilience.
A powerful reminder: in crypto, security isn’t optional — it’s everything.
#BTC #MarketPullback #Crypto #CRYPTPNEWS #Cryptocurrencies:
at less than a penny each.
Fast forward a few years — as Bitcoin's value soared, so did Wei’s fortune. By 2013, his investment had turned into a small fortune. But he wasn’t done yet. At just 19, Wei launched CryptoLeap, the world’s first crypto margin trading platform, revolutionizing how people traded digital assets.
His innovation attracted traders from across the globe, turning CryptoLeap into an industry powerhouse. By 2017, Wei had amassed 99,000 $BTC , making him one of the richest individuals in crypto.
But then... disaster struck.
In early 2018, Wei received what seemed like a legitimate business proposal from a top-tier venture capital firm. Excited by the opportunity, he clicked a link in the email — unknowingly falling victim to a sophisticated phishing attack.
The hackers accessed CryptoLeap’s admin panel. Within minutes, 99,000 $BTC were gone. Stolen. Erased.
Panic rippled across the market. The news devastated the crypto community. Lawsuits piled in. Regulators swooped down. CryptoLeap collapsed. And Wei, once a symbol of brilliance and innovation, was now a cautionary tale.
At today’s prices, those 99,000 $BTC would be worth over $11.4 billion.
But Wei didn’t disappear. Instead, he shifted his focus to cybersecurity—committed to ensuring no one else suffers the fate he did. Now, he’s a mentor, a voice of wisdom in a space still prone to high stakes and hard lessons.
A story of ambition, innovation, loss, and resilience.
A powerful reminder: in crypto, security isn’t optional — it’s everything.
#BTC #MarketPullback #Crypto #CRYPTPNEWS #Cryptocurrencies:
Collateral used on crypto-related transactions
Crypto collateral will primarily be used for crypto-related transactions, such as those involving exchange-traded product issuers, institutional traders, and crypto exchanges. However, it cannot be used for repo transactions or securities lending within SIX’s infrastructure.
The system leverages the custody solutions of the SIX Digital Exchange, ensuring seamless integration of digital and traditional assets.
SIX has been at the forefront of digital asset innovation, becoming the first to integrate a digital securities depository with a conventional central securities depository.
Its continued development of blockchain-based financial solutions, including hosting a wholesale central bank digital currency pilot, reinforces its position as a leader in digital finance.
#Write2Earn #CRYPTPNEWS #BINANCE $BTC
$ETH
$XRP
Crypto collateral will primarily be used for crypto-related transactions, such as those involving exchange-traded product issuers, institutional traders, and crypto exchanges. However, it cannot be used for repo transactions or securities lending within SIX’s infrastructure.
The system leverages the custody solutions of the SIX Digital Exchange, ensuring seamless integration of digital and traditional assets.
SIX has been at the forefront of digital asset innovation, becoming the first to integrate a digital securities depository with a conventional central securities depository.
Its continued development of blockchain-based financial solutions, including hosting a wholesale central bank digital currency pilot, reinforces its position as a leader in digital finance.
#Write2Earn #CRYPTPNEWS #BINANCE $BTC
$ETH
$XRP
🐸 $PEPE is Getting Ready to EXPLODE! 🚀🔥
The frog is waking up—and it’s aiming for the moon! 🌕💚
📈 Current Price: $0.00001019 (+1.59%)
The #PEPEArmy is buzzing, and momentum is heating up fast!
💡 Why It’s About to Pop:
✅ Strong breakout signals from the charts
✅ Huge community hype—everyone’s watching!
✅ Momentum is building like a rocket launch!
This isn’t just a funny frog anymore—it’s turning into a serious movement! 🌪️
One big push and $PEPE could fly sky-high! 🛫
🎯 What Should You Do?
Jump in before the liftoff, or just sit back and watch it fly?
Let us know—Are you bullish on $PEPE ? 👇👇👇
#PEPE #CryptoBuzz #MemecoinMadness #Cryptpnews
The frog is waking up—and it’s aiming for the moon! 🌕💚
📈 Current Price: $0.00001019 (+1.59%)
The #PEPEArmy is buzzing, and momentum is heating up fast!
💡 Why It’s About to Pop:
✅ Strong breakout signals from the charts
✅ Huge community hype—everyone’s watching!
✅ Momentum is building like a rocket launch!
This isn’t just a funny frog anymore—it’s turning into a serious movement! 🌪️
One big push and $PEPE could fly sky-high! 🛫
🎯 What Should You Do?
Jump in before the liftoff, or just sit back and watch it fly?
Let us know—Are you bullish on $PEPE ? 👇👇👇
#PEPE #CryptoBuzz #MemecoinMadness #Cryptpnews
🎴BREAKING🎴
Donald Trump $TRUMP is officially launching his new coin WLFI in the next 14 days.
I was the first to call TRUMP (at $0.69 for 108x profit) and i'll be the first to call this one too.
Not following with notis? You'll regret massively.
#CryptoPatience #cryptpnews #ethbreaks3800+ #BTC☀️ #SOL🔥🔥
Donald Trump $TRUMP is officially launching his new coin WLFI in the next 14 days.
I was the first to call TRUMP (at $0.69 for 108x profit) and i'll be the first to call this one too.
Not following with notis? You'll regret massively.
#CryptoPatience #cryptpnews #ethbreaks3800+ #BTC☀️ #SOL🔥🔥
California Becomes World’s 4th Largest Economy, Beating Japan
California just passed Japan to become the 4th biggest economy in the world, behind only the U.S., China, and Germany. New data from the IMF and U.S. Bureau of Economic Analysis shows California hit a $4.10 trillion GDP in 2024, topping Japan’s $4.01 trillion.
Governor Gavin Newsom proudly said, “California isn’t just keeping pace with the world, we’re setting the pace.”
But he also warned that the state’s progress is under threat. He slammed Donald Trump’s tariff policies, calling them reckless. Trump’s trade war with countries like China has led to sky-high taxes on imports—up to 145%—and big hits in return.
Newsom says these tariffs are hurting California more than anyone, since it runs America’s top ports, tech firms, farms, and factories. He’s even filed a lawsuit to stop the president’s tariff powers.
Meanwhile, Japan’s economy is shrinking. An aging population, rising costs, and lower consumer growth have slowed it down.
California’s strength? It’s got it all—Silicon Valley, Hollywood, agriculture, manufacturing, and the biggest ports. But Newsom says Trump’s trade moves could still shake that foundation.
Trump, on the other hand, claims he’s just “leveling the playing field.”
#IMF #CRYPTPNEWS
California just passed Japan to become the 4th biggest economy in the world, behind only the U.S., China, and Germany. New data from the IMF and U.S. Bureau of Economic Analysis shows California hit a $4.10 trillion GDP in 2024, topping Japan’s $4.01 trillion.
Governor Gavin Newsom proudly said, “California isn’t just keeping pace with the world, we’re setting the pace.”
But he also warned that the state’s progress is under threat. He slammed Donald Trump’s tariff policies, calling them reckless. Trump’s trade war with countries like China has led to sky-high taxes on imports—up to 145%—and big hits in return.
Newsom says these tariffs are hurting California more than anyone, since it runs America’s top ports, tech firms, farms, and factories. He’s even filed a lawsuit to stop the president’s tariff powers.
Meanwhile, Japan’s economy is shrinking. An aging population, rising costs, and lower consumer growth have slowed it down.
California’s strength? It’s got it all—Silicon Valley, Hollywood, agriculture, manufacturing, and the biggest ports. But Newsom says Trump’s trade moves could still shake that foundation.
Trump, on the other hand, claims he’s just “leveling the playing field.”
#IMF #CRYPTPNEWS
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