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The People’s Bank of China announced it will once again tighten its crackdown on cryptocurrency trading, which has been banned since 2021, citing a resurgence of speculation and the need for risk control. The bank reaffirmed that cryptocurrencies such as $BTC (Bitcoin) are not legal tender and that related business activities constitute illegal financial activities.
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Upbit announced on November 27 that about $36 million was stolen from a hot wallet on the $SOL Solana network. South Korean authorities suspect Lazarus, a North Korea-linked hacking group, to be behind the attack and are preparing an on-site investigation of the exchange.
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After making my first $1M in crypto. $BTC $ETH $BNB
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Coin base offers $12,000 aid in $USDC stable coin to Inflation hit NewYorkers. An unusual pilot program is offering $12,000 in crypto. The initiative, run by the nonprofit GiveDirectly and funded by leftover contributions from Coinbase’s closed philanthropy arm, is providing 160 low-income New Yorkers with $USDC , a stablecoin pegged to the U.S. dollar. Each participant receives: $8,000 as a lump sum, and $800 per month for five months All of it is delivered through Coin base accounts, where recipients can hold, withdraw or convert the funds.
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$BTC hitting $1M is never a lie. All the signs are in our sight. Fundamentals never lie. Stack up some $BTC
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