Binance Square

cryptoupate

245 views
3 Discussing
MSD Crypto 786
--
How a Teen Lost 99,000 BTC—Now Worth $11 Billion—in a Devastating Hack In 2010, $BTC a Chinese high schooler named Wei Zhang discovered Bitcoin when it was worth less than a penny. Curious about crypto, he invested just $10—accumulating a massive stash of BTC. By 2013, Bitcoin’s price surged, turning Wei’s small investment into life-changing wealth. At just 19, he launched CryptoLeap, the world’s first crypto margin trading platform. It became an industry giant, and by 2017, Wei held 99,000 BTC—making him a crypto millionaire. ### The $11 Billion Mistake In 2018, $BTC Wei received an email from a "VC firm" offering a partnership. He clicked the link—**a phishing trap**. Hackers stole his exchange credentials and drained 99,000 BTC (worth $11.4B today). The hack destroyed CryptoLeap’s reputation. Investors fled, lawsuits followed, and Wei stepped down. His fortune—gone in minutes. ### The Comeback Wei didn’t quit. He now works in cybersecurity, teaching others to avoid his fate. His story is a warning—stay vigilant in crypto. Lesson: Always enable 2FA, verify links, and secure your assets. A single mistake can cost billions. 💔 Could you recover from a loss like this? Follow for more crypto stories & security tips. #Bitcoin #Crypto #Hack #DeFiDominance #Cryptoupate $BTC {spot}(BTCUSDT)

How a Teen Lost 99,000 BTC—Now Worth $11 Billion—in a Devastating Hack

In 2010, $BTC a Chinese high schooler named Wei Zhang discovered Bitcoin when it was worth less than a penny. Curious about crypto, he invested just $10—accumulating a massive stash of BTC.
By 2013, Bitcoin’s price surged, turning Wei’s small investment into life-changing wealth. At just 19, he launched CryptoLeap, the world’s first crypto margin trading platform. It became an industry giant, and by 2017, Wei held 99,000 BTC—making him a crypto millionaire.
### The $11 Billion Mistake
In 2018, $BTC Wei received an email from a "VC firm" offering a partnership. He clicked the link—**a phishing trap**. Hackers stole his exchange credentials and drained 99,000 BTC (worth $11.4B today).
The hack destroyed CryptoLeap’s reputation. Investors fled, lawsuits followed, and Wei stepped down. His fortune—gone in minutes.
### The Comeback
Wei didn’t quit. He now works in cybersecurity, teaching others to avoid his fate. His story is a warning—stay vigilant in crypto.
Lesson: Always enable 2FA, verify links, and secure your assets. A single mistake can cost billions.
💔 Could you recover from a loss like this? Follow for more crypto stories & security tips.
#Bitcoin #Crypto #Hack #DeFiDominance #Cryptoupate
$BTC
🚀 Bitcoin (BTC) Trends: What’s Next for the King of Crypto?The crypto market is heating up, and Bitcoin$BTC (BTC) remains at the center of attention. Whether you're a long-term holder or a short-term trader, here are the key trends shaping BTC’s movement right now: ### 📈 BTC Price Action: Bullish Signals Ahead? After recent consolidation, Bitcoin is showing signs of renewed momentum. Key resistance levels to watch: - $68,000: A strong breakout could signal a run toward all-time highs. - $60,000: Critical support—holding this level keeps bullish sentiment alive. With ETF inflows increasing and institutional interest growing, many analysts predict a major upward move if BTC clears key resistance. ### 💡 Macro Factors Influencing BTC - Fed Rate Cuts? Expectations of looser monetary policy could fuel risk-on sentiment, benefiting Bitcoin. - Halving Aftermath: The supply shock from April’s halving is slowly taking effect—historically, this leads to major price appreciation 6-12 months later. - Global Adoption: From spot ETFs to nation-state accumulation (El Salvador, MicroStrategy), demand is rising. ### 🔍 On-Chain Insights - Exchange Reserves Dropping: Fewer BTC on exchanges mean less selling pressure. - Whale Accumulation: Large holders are stacking more Bitcoin, signaling confidence in long-term growth. ### ⚠️ Risks to Watch - Market Volatility: Geopolitical tensions and macroeconomic shifts could trigger short-term dips. - Regulatory News: Keep an eye on global crypto policies (US, EU, Asia). ### 🚀 Final Thoughts Bitcoin remains the undisputed leader of crypto, and the current setup suggests potential for a major rally. Whether we see a new ATH in 2024 will depend on macroeconomic trends and market sentiment. What’s your BTC price prediction? Drop your thoughts below! 👇 #Bitcoin #BTC #cryptoupate #MSDCryptoCircle #ToTheMoon $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT)

🚀 Bitcoin (BTC) Trends: What’s Next for the King of Crypto?

The crypto market is heating up, and Bitcoin$BTC
(BTC) remains at the center of attention. Whether you're a long-term holder or a short-term trader, here are the key trends shaping BTC’s movement right now:
### 📈 BTC Price Action: Bullish Signals Ahead?
After recent consolidation, Bitcoin is showing signs of renewed momentum. Key resistance levels to watch:
- $68,000: A strong breakout could signal a run toward all-time highs.
- $60,000: Critical support—holding this level keeps bullish sentiment alive.
With ETF inflows increasing and institutional interest growing, many analysts predict a major upward move if BTC clears key resistance.
### 💡 Macro Factors Influencing BTC
- Fed Rate Cuts? Expectations of looser monetary policy could fuel risk-on sentiment, benefiting Bitcoin.
- Halving Aftermath: The supply shock from April’s halving is slowly taking effect—historically, this leads to major price appreciation 6-12 months later.
- Global Adoption: From spot ETFs to nation-state accumulation (El Salvador, MicroStrategy), demand is rising.
### 🔍 On-Chain Insights
- Exchange Reserves Dropping: Fewer BTC on exchanges mean less selling pressure.
- Whale Accumulation: Large holders are stacking more Bitcoin, signaling confidence in long-term growth.
### ⚠️ Risks to Watch
- Market Volatility: Geopolitical tensions and macroeconomic shifts could trigger short-term dips.
- Regulatory News: Keep an eye on global crypto policies (US, EU, Asia).
### 🚀 Final Thoughts
Bitcoin remains the undisputed leader of crypto, and the current setup suggests potential for a major rally. Whether we see a new ATH in 2024 will depend on macroeconomic trends and market sentiment.
What’s your BTC price prediction? Drop your thoughts below! 👇
#Bitcoin #BTC #cryptoupate #MSDCryptoCircle #ToTheMoon
$BTC
$ETH
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number