Ash14

There has been a significant surge in cryptocurrency scams in 2024 and 2025, driven by increasingly sophisticated tactics and the use of advanced technologies like artificial intelligence (AI). Here’s a concise breakdown based on available information:
Scale of the Problem: In 2024, crypto scam revenue reached an estimated $9.9 billion, with projections suggesting it could hit a record $12.4 billion as more scam wallets are identified. This represents a 24% average annual increase in scam activity since 2020. By mid-2025, illicit crypto transactions are on track to meet or exceed 2024’s estimated $51 billion, with thefts targeting personal wallets holding $8.5 billion and services losing $1.28 billion.
Key Trends:
AI-Driven Scams: Generative AI, particularly deepfake technology, has fueled a sharp rise in scams. In 2024, nearly 40% of high-value fraud cases involved deepfakes, with scammers impersonating public figures or executives to deceive victims. AI tools create convincing fake websites, videos, and identities, making scams harder to detect. Revenue from AI service vendors in scam ecosystems grew by 1,900% in 2024.Pig Butchering Scams: These romance-based scams, where fraudsters build trust before luring victims into fake investments, increased by nearly 40% in 2024. The U.S. Department of Justice seized $225 million linked to such scams in 2025, marking the largest crypto seizure in U.S. Secret Service history.Wallet Thefts and Hacks: Over $2.17 billion was stolen in 2025, with major incidents like the $1.5 billion ByBit hack. Personal wallet compromises and DeFi platform vulnerabilities, especially smart contract flaws, are prime targets. North Korean hackers alone stole $1.34 billion in 2024.Other Scams: Common scams include phishing (fake websites stealing credentials), rug pulls (abandoning projects after raising funds), and crypto ATM scams targeting vulnerable groups like seniors. Memecoin surges have also led to increased rug pull risks.
Why the Surge?:
Market Boom: Bitcoin’s rise past $100,000 in 2024, fueled by institutional investment and pro-crypto policies, has created a fertile ground for scammers exploiting FOMO (fear of missing out).Technological Complexity: The complexity of crypto technology and lack of global regulation make it easier for scammers to operate anonymously.Scam Ecosystems: Platforms like Huione Guarantee have enabled scam operations by providing tools and services, processing $70 billion in transactions since 2021.
Protection Tips:
Use reputable platforms like Coinbase or Binance and verify URLs to avoid phishing.Store private keys offline in hardware wallets and use multi-signature wallets for added security.Be cautious of unsolicited offers, especially on social media or messaging apps like Telegram.Verify information through official channels and avoid sharing sensitive details.Report scams to authorities and platforms to aid recovery and prevention.

Current Sentiment:
Posts on X highlight growing concern, with warnings about deepfake scams targeting assets like XRP and specific hacks like the $27 million BigOne exchange breach. Community vigilance and education are emphasized as critical defenses.
The crypto scam surge is a real and evolving threat, amplified by AI and market hype. Staying informed, using secure practices, and verifying sources are essential to avoid falling victim.

#SHIB
Meme coin platform Pump.fun is facing an amended class-action lawsuit claiming it operated as a “digital slot machine,” extracting over $5.5 billion from users through deceptive practices.
The lawsuit targets Pump.fun, its parent company Baton Corp., Solana Labs, the Solana Foundation, Jito Labs, and pseudonymous developer Bernie, accusing them of running an “unlicensed casino.” It alleges the group exploited market hype and volatility without providing basic investor protections or disclosures.
The complaint likens Pump.fun’s model to a rigged slot machine, where early buyers profit by selling tokens to newer investors, who are left with devalued assets. “The platform lacks any real project, product, or revenue—just a cycle of buying, dumping, and collapse,” the filing states.
New allegations include violations of the Racketeer Influenced and Corrupt Organizations (RICO) Act, fraud, aiding and abetting, unjust enrichment, and civil conspiracy. Plaintiffs seek compensatory damages and the reversal of all Pump.fun transactions.
The lawsuit also highlights Jito Labs and the Jito Foundation, which allegedly earned revenue through maximum extractable value (MEV) strategies tied to meme coin trading. Solana-affiliated entities are accused of enabling the scheme by providing blockchain infrastructure and profiting from block space sales, validator fees, and SOL token appreciation.
This case underscores growing regulatory focus on meme coin platforms that blur the line between entertainment and financial misconduct. For SHIB investors, it’s more than a legal challenge—it signals a turning point for the meme coin market.
Unlike many meme coins, SHIB stands out with its evolving ecosystem, including Shibarium’s Layer 2 blockchain, ShibaSwap’s decentralized exchange, and the Doggy DAO’s community governance.
As regulators increasingly view meme coins as potential unregistered securities or gambling operations, the fallout could lead to stricter oversight of token launches and liquidity strategies across centralized and decentralized platforms, impacting all meme coin participants.

The recent security breach at WOO X underscores persistent vulnerabilities in centralized cryptocurrency exchanges, shaking user trust and sparking wider discussions on security amid a rise in multi-chain exploits.
WOO X Breach: Security Flaws Revealed

WOO X experienced a significant security incident, with suspicious transactions detected across Bitcoin, Ethereum, BNB, and ARB networks. The WOO team estimates losses exceeding $12 million, including $1 million in USDT converted to Ethereum. The ongoing investigation has confirmed that user funds are safe, and withdrawals have been temporarily suspended to prevent further losses. This breach highlights weaknesses in WOO X’s infrastructure, reinforcing the urgent need for enhanced security measures across centralized exchanges. The company assured users that their accounts remain secure. Industry observers are monitoring potential regulatory fallout, as cross-chain exploits draw increased scrutiny. Security firms, including Cyvers Alerts, have noted the advanced nature of these attacks, urging stronger defenses.

#Ethereum
Over the past six trading days, US investors have shown stronger interest in spot Ether exchange-traded funds (ETFs) compared to Bitcoin ETFs, reflecting growing institutional enthusiasm for Ethereum.Spot Ether ETFs attracted $2.4 billion in net inflows over this period, significantly outpacing spot Bitcoin ETFs, which saw $827 million, according to Farside Investors. Ether ETFs outperformed Bitcoin ETFs each day during this stretch.BlackRock’s iShares Ethereum ETF (ETHA) led the surge, capturing $1.79 billion in net inflows, roughly 75% of the total. ETHA also became the third-fastest ETF to reach $10 billion in assets under management, achieving this in just 251 trading days.Fidelity’s Ethereum Fund (FETH) hit a record high on Thursday, drawing $210 million in net inflows, surpassing its previous peak of $202 million on December 10, 2024, by 4%. Institutional demand for Ethereum has intensified recently.BitMine Immersion Technologies bolstered this trend, acquiring $2 billion in ETH over the past 16 days, making it the largest corporate Ethereum holder. Currently, companies with ETH in their treasuries hold 2.31 million ETH, or 1.91% of Ethereum’s circulating supply, per Strategic Ether Reserves.Galaxy Digital CEO Michael Novogratz predicted Ethereum’s price could reach $4,000, outperforming Bitcoin over the next six months. He highlighted significant ETH purchases by BitMine and SharpLink Gaming, suggesting a potential supply shock.Meanwhile, spot Bitcoin ETFs saw a $131 million net outflow on Monday, ending a 12-day inflow streak that had totaled $6.6 billion. Swissblock research anticipates Ethereum will continue to lead, stating, “ETH is taking the reins as the next phase of the market cycle emerges.”

#Ethereum
BitMine Immersion Technologies has amassed over $2 billion in Ethereum holdings just 16 days after securing a $250 million private placement, the company announced on Thursday.The publicly traded firm, originally a Bitcoin mining operation, now holds 566,776 ETH, valued at $3,643.75 per token as of July 23, 2025, at 11:59 PM ET. This marks a more than 700% increase from its initial funding, according to the company’s statement.On July 8, BitMine completed its private placement as part of its "asset-light treasury strategy," accelerating its shift toward Ethereum accumulation. This follows a prior $500 million Ethereum position announced earlier in July."BitMine reached $2 billion in ETH holdings within 16 days of our $250 million raise," said Thomas Lee, Fundstrat managing partner and BitMine’s board chairman. "Our goal is to acquire and stake 5% of Ethereum’s total supply, and we’re making strong progress."BitMine’s strategy echoes Bitcoin treasury firms like MicroStrategy, with its 5% ETH target representing a significant share of Ethereum’s circulating supply.“We are dedicated to Ethereum’s growth and will continue advancing our treasury strategy,” said CEO Jonathan Bates.The company tracks performance through ETH held per share, leveraging reinvested cash flows, capital market activities, and staking rewards. BitMine has evolved into one of the largest publicly traded Ethereum holders.

#solana
July 25, 2025 – A deep-pocketed investor has made waves in the Solana market, snapping up 73,500 SOL ($13.83 million) in a single day through institutional trading platform FalconX, according to prominent on-chain analyst Yu Jin.
Three-Month Buying Spree Revealed
This latest purchase is part of a broader accumulation pattern:
Total accumulated: 365,000 SOL ($59.3 million) since AprilAverage entry price: $162.4 per tokenCurrent unrealized gains: $7.3 million (12.3% ROI)
Long-Term Bet on Solana's Ecosystem
The whale's decision to stake their holdings signals strong conviction in Solana's future, likely driven by:
Breakthroughs in DeFi and NFT adoptionTransaction speeds outpacing Ethereum in key metricsInstitutional moves like DeFi Development Corp's $1B SOL treasury initiative
Market Context
Despite the aggressive accumulation:
SOL currently trades at $178.96 (down 2.88% weekly)FalconX continues facilitating large transfers despite past controversiesThe buying pressure helps explain Solana's relative price stability
Analyst Take: "This whale's actions mirror growing institutional confidence in Solana's technical edge and ecosystem growth potential," notes Jin. "The staking strategy suggests they're playing the long game."
The move comes as Solana cements its position as a leading blockchain for high-performance applications, with its ability to handle thousands of transactions per second at low costs continuing to attract both developers and deep-pocketed investors.

#Toncoin
July 25, 2025 – Toncoin (TON) is executing a dual-track strategy to drive mainstream adoption, combining high-powered institutional support with direct retail access through Telegram's massive user base.
Institutional Backing for Long-Term Growth
The TON Foundation has partnered with Kingsway Capital to create a $400 million treasury, signaling strong confidence from major U.S. venture firms. This strategic reserve will focus on:
Sustainable ecosystem development (not a short-term fundraising round)Developer incentives to build on the TON blockchainNetwork security and infrastructure enhancements
Mass Market Access Through Telegram
Simultaneously, Telegram has officially launched its native TON Wallet to millions of U.S. users, creating a seamless gateway for:
Everyday crypto transactionsPeer-to-peer payments within chatsEasy fiat-to-crypto conversions
Market Reaction: Cautious Optimism
Despite these developments, TON's price action remains subdued:
Currently trading at $3.17 (below key resistance at $3.30)Trading volume down 20%Technical indicators (MACD, RSI) hint at potential breakout if buying pressure returns
Diverging Year-End Projections
Analysts are split on TON's trajectory:
Bear case: Possible pullback to $2.35 if adoption lagsBull case: Significant rebound potential if current initiatives gain traction
With its unique combination of institutional firepower and direct retail access, Toncoin is positioning itself as a serious contender in the race for mainstream crypto adoption – but market participants appear to be waiting for clearer signs of momentum before committing fully.

#Liquidations
July 25, 2025 – The cryptocurrency market faced a violent reversal as Bitcoin plummeted below $116,000, triggering a cascade of liquidations that wiped out $732 million from leveraged positions. Over 213,000 traders were caught in the sell-off, with long positions suffering the most severe damage.
Bloodbath for Bulls
Data from CoinGlass reveals that $586 million in long positions were liquidated during the downturn. Bitcoin led the losses with $140 million in forced closures as its price dropped 2.63% to $115,356. Ethereum followed, shedding 1.33% to $3,598 and contributing $105 million to the liquidation tally.
Dogecoin (DOGE) was the hardest-hit major asset, crashing 7% to $0.22 and resulting in $26 million in liquidated trades.
A Sudden End to Bullish Momentum
The sell-off shocked traders after weeks of sustained gains, with Bitcoin hitting an all-time high of $123,100 just days earlier on July 14. Many had positioned for further upside, leaving overleveraged longs vulnerable to Friday’s sharp correction.
Market Sentiment Holds Steady Despite Carnage
Surprisingly, the Crypto Fear & Greed Index remained in "Greed" territory at 70, suggesting investors see this as a temporary pullback rather than a full-scale trend reversal.
What’s Next?
Traders are now watching to see if Bitcoin can stabilize above key support levels. The market’s recovery may hinge on whether institutional buyers step in after this dramatic flush-out of speculative positions.
For now, the lesson is clear: extreme leverage carries extreme risk in crypto’s volatile markets.

#BTC☀
Bitcoin Plummets to $115,000 as Market Liquidations Exceed $155 Million
Bitcoin (BTC) experienced a sharp decline, dropping to $115,000 amid heightened market volatility. The sudden price movement triggered massive liquidations, with over $155 million in leveraged positions wiped out across major exchanges.
Market Turmoil Sparks Sell-Off
The cryptocurrency market saw intense selling pressure as Bitcoin's price tumbled, erasing recent gains. Analysts attribute the downturn to a combination of profit-taking, macroeconomic uncertainty, and large-scale liquidations exacerbating the drop.
Leveraged Traders Hit Hard
Data from derivatives platforms reveals that long positions bore the brunt of the sell-off, accounting for the majority of liquidated trades. The cascading effect of margin calls contributed to accelerated downward momentum, with altcoins also suffering significant losses.
What’s Next for Bitcoin?
While some traders view the dip as a buying opportunity, others remain cautious, anticipating further volatility. Key support levels are being closely monitored, with $110,000 emerging as a critical zone. A breach below this threshold could signal deeper corrections.
Market sentiment remains mixed, with institutional interest and macroeconomic factors likely to dictate Bitcoin's next major move. Traders are advised to exercise caution amid ongoing instability.

#floki
Floki has shown a level of bullish sentiment in the market lately, with a rally of 2.42% gradually attempting to defy its previoius month’s drop of 12.27%.
In fact, several bullish indicators have surfaced on the chart, revealing that the current leg up could extend further as market participants continue to buy FLOKI.
Bullish pattern could be a rally launchpad
The press time formation of the cup and handle pattern on the chart seemed to be an indication of an incoming rally. Such a pattern typically precedes a major move to the upside.
According to this analysis, this rally could be a potential launchpad for major price gains of 24.82% to $0.00006711 from its press time price level.

However, the rally would fully ignite once FLOKI breaches the black resistance line on the chart. Once it breaches the level, it could hit the target. Technical indicators pointed to a possible upside too. Two key tools—Moving Average (MA) Ribbon and Parabolic SAR—seemed to support this view.
The MA Ribbon includes multiple Simple Moving Averages (SMA) – 20, 50, 100, and 200. At the time of writing, it was reflecting a degree of bullish sentiment.
This outlook was further confirmed by a golden cross pattern. The short-term SMA 20 also crossed above the long-term SMA 200. Such a crossover means that short-term traders have been overpowering the long-term bearish trend.

The Parabolic SAR also added to this bullish wave for FLOKI. This indicator uses dots to determine the trend.
This is the case when these dotted markers appear above the price. It means sellers are gaining strength in the market. On the contrary, when below the price, it means that buyers are in control.
A look at the chart highlighted that a series of dotted markers formed below FLOKI’s press time price action. This can be interpreted to hint at market confidence, with a further move to the upside possible too. 
Strong buying sentiment across the market
Spot market traders over the past week have been accumulating the asset gradually, contributing to the press time price formation on the chart.
According to exchange netflows, which track the movement of an asset in and out of exchanges, traders in the spot market have purchased $502,000 worth of FLOKI. If this buying pattern continues, these trades might be setting the stage for a gradual supply squeeze.

Derivative traders have also been taking advantage of the bullish sentiment, placing long bets as buying volume surges.
The Taker Buy Sell ratio revealed a hike in buying activity, with a reading of 1.024. Any reading above 1 means there is more buying activity in the market, and that the asset tends to follow this path.
Overall, if market indicators and sentiment continue to stay within bullish territory, a possible price push to the upside is likely.

#BTC☀
February marked a significant surge in Bitcoin accumulation by major holders, often referred to as "sharks" and "whales." Data reveals that these deep-pocketed investors have been aggressively expanding their holdings, signaling strong confidence in Bitcoin’s long-term potential.
Key Trends in Bitcoin Accumulation
According to on-chain analytics, wallets holding 10 to 10,000 BTC—classified as sharks and whales—have significantly increased their positions. This accumulation phase coincides with Bitcoin’s price stabilization above $40,000, suggesting that large investors see current levels as an attractive entry point.
Sharks (10-100 BTC): These mid-tier holders have been steadily accumulating, with their combined holdings reaching a multi-month high.Whales (100-10,000 BTC): The largest players have also expanded their reserves, reinforcing the bullish sentiment.
What’s Driving the Demand?
Several factors may be contributing to this trend:
Institutional Interest: Continued inflows into Bitcoin ETFs indicate growing institutional participation.Halving Anticipation: With the next Bitcoin halving expected in April, investors may be positioning themselves ahead of potential supply constraints.Macroeconomic Factors: Inflation concerns and a weaker dollar could be pushing investors toward Bitcoin as a hedge.
Market Implications
Historically, accumulation by sharks and whales has preceded major price rallies. If this pattern holds, Bitcoin could see upward momentum in the coming months. However, short-term volatility remains possible due to macroeconomic uncertainties.
Conclusion: The aggressive buying by Bitcoin’s largest holders highlights growing confidence in the cryptocurrency’s future. As institutional and retail interest converges, the stage may be set for another bullish cycle.

#BTC☀
The U.S. House of Representatives has advanced a plan to extend Trump’s tax cuts and raise the debt ceiling.
Immediate market impacts are noticeable, addressing broader implications for U.S. fiscal policy.
Trump’s $5.3 Trillion Tax Cuts and Debt Hike
President Donald Trump and House Speaker Mike Johnson spearhead efforts to advance $5.3 trillion in tax cuts over the next decade, alongside a substantial $5 trillion debt ceiling increase. Congressional Republicans aim to extend the 2017 tax legislation, introducing fresh cuts while targeting $4 billion in spending reductions.
Economic growth is the asserted outcome of this initiative, though market reactions have been mixed. “It is IMPERATIVE that Republicans in the House pass the Tax Cut Bill, NOW! Our Country Will Boom!!!,” stated Donald Trump.
Some stakeholders express concern over proposed cuts to Medicaid and other social programs, suggesting potential fiscal strain and questioning the equity of these adjustments.
U.S. stocks displayed varied responses to these plans. Initial reactions were positive due to Trump’s suspension of proposed tariffs, hinting at potential economic relief. House Speaker Mike Johnson expressed confidence in the successful passage of the accompanying budget resolution, reinforcing commitment from congressional Republicans.
Bitcoin Markets and Regulatory Impact
Did you know? The 2017 Tax Cuts and Jobs Act previously laid groundwork for significant fiscal policy shifts, leading to impactful economic changes that the current developments aim to replicate.
Bitcoin (BTC) stands at a current price of $80,735.39 with a market cap of roughly $1.60 trillion, according to CoinMarketCap. With a notable market dominance of 62.43%, BTC’s price has experienced declines over the past 24 hours and continues to show variability over longer periods.

Why It Matters:
This legislation could provide short-term economic relief but leaves unresolved questions about America’s growing national debt and tax policy reforms.

#FARTACOIN #solana
The memecoin market is heating up again as Fartcoin (FART), a Solana-based token, skyrocketed 104% in just seven days, according to CoinGecko data. This sudden rally has traders wondering whether Solana’s native token, SOL, will follow suit or if the excitement is limited to the memecoin niche.
Fartcoin’s Unexpected Rally
Fartcoin, a lighthearted project with no major utility, has defied expectations with its recent surge. The token’s trading volume spiked alongside its price, suggesting renewed speculative interest in Solana-based memecoins. While the exact catalyst for the pump remains unclear, some analysts attribute it to:
Social media buzz (particularly on X and Telegram)Low liquidity, allowing for rapid price swingsBroader memecoin resurgence as Bitcoin stabilizes
Will Solana (SOL) Follow the Trend?
While Fartcoin thrives, SOL has seen more modest gains, up only 5% over the same period. However, Solana’s fundamentals remain strong:
High-speed, low-cost transactions continue to attract developers.NFT and DeFi activity on Solana has been steadily rising.Institutional interest persists, with SOL being a favorite among altcoin traders.
Some analysts believe that if the memecoin frenzy continues, it could spill over into SOL’s price action, as increased network activity typically benefits the underlying blockchain’s token.
Key Takeaways
Fartcoin’s surge highlights the volatile nature of memecoins—profits can be quick, but so can crashes.SOL’s price may not mirror Fartcoin’s rally, but strong ecosystem growth could drive sustainable gains.Traders should watch Solana’s on-chain metrics (like DEX volumes and active addresses) for signs of broader momentum.
As always, caution is advised—memecoins are high-risk, and their rallies can be short-lived. Meanwhile, SOL’s performance will likely hinge on broader market trends and adoption, not just memecoin hype.

#LearnAndDiscuss
Bitcoin and the broader cryptocurrency market faced significant selling pressure Thursday after former President Donald Trump unveiled sweeping new tariffs, sparking fears of a global trade war and rattling financial markets.
Market Reaction
Bitcoin fell 5% to $81,914, while Ether dropped 6% and Solana’s token plunged 11%.The S&P 500 suffered its worst single-day decline since 2020, with crypto-linked stocks like Coinbase and MicroStrategy down roughly 7% and 10%, respectively.The total crypto market cap shed 160billionin24hours,slidingfrom160billionin24hours,slidingfrom2.78 trillion to $2.62 trillion.
Trump’s Tariff Plan
Trump’s proposal includes:
A 10% baseline tariff on all foreign goods.A 25% levy on foreign-made cars.Country-specific hikes, including 20% on the EU and 46% on Vietnam.
The move has intensified concerns over inflation, economic slowdown, and potential retaliation from trading partners.
Why Crypto Took a Hit
“Bitcoin trades at the intersection of narrative, liquidity, and leverage. Right now, it’s behaving like a high-beta macro asset, tracking real yields and dollar strength,” said Ben Kurland, CEO of DYOR.
David Hernandez of 21Shares noted that while crypto showed relative resilience compared to stocks, the tariffs introduced fresh uncertainty. “Markets thrive on certainty,” he said. “With the policy now clarified, institutional investors may see an opportunity in compressed valuations.”
Broader Market Impact
The Dow Jones and S&P 500 each fell over 3%.Tech stocks, tracked by the Nasdaq 100 (QQQ), slid 4% in after-hours trading.Crypto remains “especially reactive to uncertainty,” said Nicholas Roberts-Huntley of Concrete, as investors view digital assets as higher-risk.
Long-Term Pressure on Bitcoin
The sell-off extends a months-long slump for Bitcoin, which has retreated from its January peak of 109,000∗∗toaslowas∗∗109,000∗∗toaslowas∗∗78,000 in March. The Fed’s hawkish stance and now Trump’s tariffs have compounded the downturn.
As markets digest the implications of heightened trade barriers, volatility in both crypto and equities is expected to persist.