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Bybit Takes on North Korean Hackers Head - on, Vigorously Pursuing the Recovery of $1.46 Billion in Stolen Funds

Shocking news! Bybit exchange has been brutally attacked by the North Korean hacker group Lazarus, with $1.46 billion in funds stolen. However, Bybit has not backed down but has powerfully launched a "fund - recovery battle".

Its CEO, Ben Zhou, has officially declared war on Lazarus and launched a bounty website to recruit "bounty hunters" worldwide. Participants who successfully freeze illegal fund transfers can receive a 5% upfront reward, and those with outstanding performance can get a bonus of up to 10%, with an upper limit of $140 million. Ben Zhou firmly stated that he won't stop until Lazarus is eliminated, and the website will be open to other victims in the future.

Currently, although some funds have been frozen, Lazarus has started money - laundering activities, using complex methods to transfer funds. Previously, North Korean hackers had stolen over $3 billion from cryptocurrency exchanges, and this Bybit incident may become one of the largest - loss theft cases in history. Can Bybit stage a comeback? Let's stay tuned!

#bybit #Bitcoin Price Trend Analysis #Binance Alpha New Listings
Confused in exploring the cryptocurrency market? Click to follow and get cutting - edge information and professional interpretations!$BTC
$SOL

Web3 Daily News

Happy Lunar New Year 🧧

#币圈项目的蛇舞大会谁能跳出舞台
Personally, I think projects in the Solana ecosystem have the opportunity to dominate the market by 2025.
Solana's high-speed performance and low transaction fees have attracted a large number of developers, especially NFT and GameFi projects, which have a strong momentum of development.
$SOL

#市场回暖新机遇 $BTC
The recent trading volume has increased, but the trading volume has shrunk relatively during the correction period, indicating that the market is not willing to chase highs and may be in a wait-and-see stage.
• If the subsequent price is supported near 98,000, the trading volume will increase, and a new upward trend may be formed.

Market trend
• The recent price rose to 109,588 USDT and then fell back. It is currently fluctuating around 101,800, indicating that the market has a short-term correction demand.
• The overall trend is still bullish, but it may continue to test the support level in the short term and decide the direction after adjustment

$ETH
Short-term traders: Pay attention to the support strength near 3,200. If it stabilizes, you can try to go long with a light position, and set the stop loss below 3,040.
• Long-term investors: If the price pulls back to MA(99), you can consider layout, but you need to pay attention to the overall market trend.
• Observers: Wait for the price to break through 3,425 or fall below 3,040 before operating to avoid uncertainty in the volatile market.

Risk warning
• The recent market may be affected by market news (such as Fed policy, macroeconomic data, Bitcoin trend, etc.), and it is necessary to pay close attention to the impact of external factors.
• Beware of false breakthroughs or false breaks caused by market fluctuations, and set a reasonable stop loss.

In general, the current ETH price is in a consolidation range. In the short term, it is necessary to pay attention to whether it breaks through key resistance or support before making further judgments. $ETH #币圈翻车日记:我的2024坑爹时刻

$SOL
Solona Investment Thesis Must Read

$SOL Continue to be optimistic

Solana's future trend may be affected by the following factors:
1. Technological improvement: If the network stability problem can be solved and the ecosystem can be expanded, it may drive up prices.
2. Market demand: Increased applications such as DeFi and NFT and the participation of institutional investors may increase demand.
3. Competitive pressure: Competition from Ethereum 2.0 and other blockchains may affect Solana's market share.
4. Market volatility: Overall volatility in the crypto market may lead to short-term price fluctuations.

Overall, Solana may rise in the long run driven by technological progress and increased market demand, but be wary of competition and short-term fluctuations.

#比特币行情聚焦 $BTC
The possible impacts of Trump’s presidency on Bitcoin:
1. Loose regulatory policies: The Trump administration generally tends to relax regulations, which could benefit the Bitcoin market and encourage more investor participation.
2. Monetary policy: Trump may adopt a loose monetary policy, leading to a depreciation of the dollar and increasing demand for Bitcoin as a safe-haven asset.
3. Market sentiment: Trump's attitude towards Bitcoin (supportive or opposed) will affect investor sentiment, potentially leading to market volatility.
4. Global geopolitical landscape: Trump's international policies may encourage other countries to adopt cryptocurrencies like Bitcoin as alternatives, increasing demand.

Overall, Trump’s policies may stimulate a short-term increase in Bitcoin prices, but the long-term effects will still depend on changes in the global economy and regulatory environment.

#TRUMP上线币安合约
BlockBeats reported that on January 18, David Sacks, the White House AI and cryptocurrency director appointed by Trump, said, "The reign of terror against cryptocurrency has ended, and a new era of cryptocurrency in the United States has just begun.

#晒交易赢奖励 w to have investment skills in Bitcoin trading?
the following are some aspects that may be regarded as investment skills:

1. In-depth research: Understand the basic principles of Bitcoin, market dynamics, technological development, and various factors that affect its price, such as macroeconomic conditions, regulatory policies, market supply and demand, etc.

2. Risk management: Do not invest all your funds in Bitcoin. Set stop-loss and take-profit points to control potential losses and ensure profits.

3. Focus on market trends: Use technical analysis and fundamental analysis to judge the price trend, but note that these analysis methods are not absolutely accurate.

4. Choose a reliable trading platform: Ensure that the platform has good security, liquidity, and user experience.

5. Diversify investments: Do not rely solely on Bitcoin. Consider investing in other cryptocurrencies or traditional assets to diversify risks.

Once again, Bitcoin trading is extremely risky with huge market fluctuations. Invest with caution.

Web 3 is emerging as a new trend in the development of the Internet and is gradually coming into the public eye. It is based on blockchain technology, achieving decentralization and allowing users to control data and value. In the Web 3 world, smart contracts ensure fair transactions, and decentralized applications change the traditional model. It grants users more power and paves the way for innovation and fairness. However, Web 3 still faces challenges such as technology and regulation, but it has a broad prospect and is expected to reshape the future of the Internet

9 Addresses Spent $13.8 Million Buying 555 Billion PEPE: Speculations on the Intention

According to BlockBeats, Lookonchain monitoring data has revealed a remarkable trading activity. In the past nearly 2 hours, 9 wallet addresses suspected to belong to the same "whale" (i.e., a large holder) spent 13.8 million DAI to purchase a staggering 555 billion PEPE. Calculations show that the average purchase price is approximately $0.000025.

Such a large-scale purchase inevitably triggers numerous speculations in the market. One possibility is that this "whale" investor is extremely bullish on the long-term potential of PEPE, believing that the current price is severely undervalued and aiming to obtain huge profits when the price soars in the future by hoarding a large amount. Another speculation is that this might be an attempt to manipulate the price trend of PEPE. By making a massive purchase, it creates the illusion of a price increase, attracting more retail investors to follow suit and then selling off at the right time. Of course, it cannot be ruled out that this is a strategic purchase operation by the project team or related interest groups to stabilize the market value of PEPE and boost market confidence.

Price of MOVE on the Chain and Status of Movement Airdrop

According to Visionary News, data from Dex Screener indicates that the current price of MOVE on the chain is $2.11. Meanwhile, the Movement airdrop page shows that the airdrop has been suspended. Further developments merit continuous attention.

$MOVE

Have you participated?

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Activity period: From 08:00 on November 18, 2024 to 07:59 on December 15, 2024 (Beijing Time, UTC +8)
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Complete one or more of the following tasks to win rewards.


$ETH

Recently, Ether's price has been fluctuating. Technically, it shows mixed signals. The ongoing Ethereum network upgrades are a plus. But markets are affected by macro conditions and regulations. Short-term volatility persists. Long-term, it might rise with tech progress. American investors, be cautious and assess risks.

#ETHOnTheRise
$ETH
$ETC

The following are the differences between Ripple (XRP) and Tron (TRX):

1. Issuing institutions:

• XRP: Issued by Ripple Labs.

• TRX: Issued by Tron Foundation.

2. Target users:

• XRP: Mainly targeted at financial institutions and cross-border payments.

• TRX: Mainly targeted at the entertainment and content industry.

3. Transaction speed:

• XRP: The transaction speed is very fast and can be completed within a few seconds.

• TRX: The transaction speed is relatively slow.

4. Configuration algorithms:

• XRP: Uses the PBFT (Practical Byzantine Fault Tolerance) algorithm.

• TRX: Uses the DPoS (Delegated Proof of Stake) algorithm.

5. Value stability:

• XRP: The value is relatively stable.

• TRX: The value fluctuates greatly.

6. Issuance methods:

• XRP: Pre-issued by the Ripple company.

• TRX: Issued through the Initial Coin Offering (ICO).

7. Market capitalization:

• XRP: As of a specific time, the market capitalization was approximately 43 billion US dollars.

• TRX: As of a specific time, the market capitalization was approximately 6.5 billion US dollars.

8. Technical features:

• TRX: Adopts the consensus algorithm based on DPoS and can handle 2,000 transactions per second.

• XRP: The Ripple client discards the verified ledger chain on ordinary nodes, only retains the recently verified ledger and a link to the historical ledger, and the workload of synchronization and download of the ledger is small.

9. Mining situation:

• XRP: No need and cannot be mined.

• TRX: Supports mining and adopts the DPoS consensus mechanism.

10. Currency supply and destruction mechanism:

• XRP: The total amount cannot increase but can only decrease, and the transaction fee disappears for no reason.

• TRX: The circulation is large and there is a certain lock-up period limit.

What do you think about these differences? Do you have any questions or comments? Let's discuss!
$XRP
$TRX