TheCryptoDegen
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TheCryptoDegen
Dare to Fly Higher: Blockchain & Digital assets management ;Shedding Light on Crypto; Bitcoin History & Stories.
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Bitcoin had a feature in 2009 so dangerous Satoshi himself deleted it after one user pointed it out
In the original version of Bitcoin you could send coins directly to someone's IP address
There was no wallet address needed and even worse, your computer would connect to theirs to send the coins through
That meant anyone could see your IP, locate your machine and try to attack it just by sending you Bitcoin
On January 14, 2009 Satoshi decided to test it himself and emailed an early miner named Dustin Trammell asking for his IP
Trammell replied and actually sent it to him
A few minutes later Satoshi connected and sent him 25 BTC with a message that said "Hello"
Trammell answered him with a warning that the feature was insecure and within weeks Satoshi deleted it from Bitcoin entirely
Those 25 BTC would be worth $1.86 million today
In the original version of Bitcoin you could send coins directly to someone's IP address
There was no wallet address needed and even worse, your computer would connect to theirs to send the coins through
That meant anyone could see your IP, locate your machine and try to attack it just by sending you Bitcoin
On January 14, 2009 Satoshi decided to test it himself and emailed an early miner named Dustin Trammell asking for his IP
Trammell replied and actually sent it to him
A few minutes later Satoshi connected and sent him 25 BTC with a message that said "Hello"
Trammell answered him with a warning that the feature was insecure and within weeks Satoshi deleted it from Bitcoin entirely
Those 25 BTC would be worth $1.86 million today
On this day in history, 9 years ago, the Bitcoin symbol (₿) was officially added to Unicode library.
This important moment established bitcoin as a currency symbol alongside the US Dollar ($), Euro (€), and others. Anyone can send a (₿) through text messages and posts.
This important moment established bitcoin as a currency symbol alongside the US Dollar ($), Euro (€), and others. Anyone can send a (₿) through text messages and posts.
On this day in history, 16 years ago, Satoshi Nakamoto wrote: “The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime.”
On this day in history, 16 years ago, a developer created a website giving away 5 bitcoin for free to anyone, anywhere. The ‘faucet’ only required a user to complete CAPTCHA, verifying you were not a bot, and distributed 19,700 bitcoin in total, worth more than $1 billion today.
can relate 😂😂
On this day in history, 13 years ago, a baby was born through the world’s first documented fertility treatment ever paid for using bitcoin.
THESE 3 WHALES JUST BOUGHT $100M OF ETH
3 whale addresses (2 of these being fresh addresses) just withdrew a total of $122.29M ETH from FalconX and Kraken.
The address that bought ETH previously, is currently down $9.1M on its past buy. Is this Tom Lee?
3 whale addresses (2 of these being fresh addresses) just withdrew a total of $122.29M ETH from FalconX and Kraken.
The address that bought ETH previously, is currently down $9.1M on its past buy. Is this Tom Lee?
Someone is trying to legally steal $285 BILLION in Bitcoin without touching a single wallet
The coins sit across 39,069 old wallets that have not moved in over a decade, around 3.8 million Bitcoin in total
Their claim is that the original owners are gone, so the coins count as abandoned property
Under an old New York law they are calling themselves the finder, the same way you might claim a wallet left on the street
They go by a fake name, Noah Doe and operate through two shell companies in Wyoming
The strangest part is how they delivered the legal notice
Normally a lawsuit reaches you by mail or in person but here there were no names and no addresses, only wallet numbers sitting on a blockchain
So the court let them reach all 39,069 owners directly through Bitcoin itself
Their team sent 98 rounds of tiny payments to those wallets, each carrying less than a dollar of Bitcoin and a link to the abandonment notice
Every wallet had 90 days to respond and prove the coins were still theirs which most of them ignored
A wallet that received 35.55 Bitcoin in March 2011, back when a single coin was worth less than a dollar, was untouched for over 14 years
On June 2 it moved, sending 15 coins to a new wallet and keeping the other 20, out of a stash worth about 2.5 million dollars
A second wallet from the same 2011 era moved another 20 Bitcoin, worth about 1.5 million dollars, only 13 hours earlier
The entire case rests on these coins being abandoned, so the moment someone tried to take them, the real owners proved they were still here
Whoever owns them paid almost nothing for coins now worth millions
Hundreds of other old wallets had already done the same thing during the notice campaign, which removed them from the lawsuit before it even began
The coins sit across 39,069 old wallets that have not moved in over a decade, around 3.8 million Bitcoin in total
Their claim is that the original owners are gone, so the coins count as abandoned property
Under an old New York law they are calling themselves the finder, the same way you might claim a wallet left on the street
They go by a fake name, Noah Doe and operate through two shell companies in Wyoming
The strangest part is how they delivered the legal notice
Normally a lawsuit reaches you by mail or in person but here there were no names and no addresses, only wallet numbers sitting on a blockchain
So the court let them reach all 39,069 owners directly through Bitcoin itself
Their team sent 98 rounds of tiny payments to those wallets, each carrying less than a dollar of Bitcoin and a link to the abandonment notice
Every wallet had 90 days to respond and prove the coins were still theirs which most of them ignored
A wallet that received 35.55 Bitcoin in March 2011, back when a single coin was worth less than a dollar, was untouched for over 14 years
On June 2 it moved, sending 15 coins to a new wallet and keeping the other 20, out of a stash worth about 2.5 million dollars
A second wallet from the same 2011 era moved another 20 Bitcoin, worth about 1.5 million dollars, only 13 hours earlier
The entire case rests on these coins being abandoned, so the moment someone tried to take them, the real owners proved they were still here
Whoever owns them paid almost nothing for coins now worth millions
Hundreds of other old wallets had already done the same thing during the notice campaign, which removed them from the lawsuit before it even began
Over the past one year Crypto has been brutal to everyone.
Bitcoin moved from $105K+ ➝ $61K
If you look at Altcoins , they are the ones badly affected by this , most are down 99% some showing no signs of recovering.
Over 40% has been wiped out in a year from the Bitcoin chart.
Portfolios have been destroyed , Liquidations everywhere, Retail has disappeared and Engagement dropped on Crypto topics.
Everyone wants to be in crypto during the bull run.
Very few are willing to stay when the market spends months reminding you why patience is expensive.
The people still here today aren’t lucky.
They’re survivors.
The next bull market won’t reward those who left.
It will reward those who endured. 🚀
Bitcoin moved from $105K+ ➝ $61K
If you look at Altcoins , they are the ones badly affected by this , most are down 99% some showing no signs of recovering.
Over 40% has been wiped out in a year from the Bitcoin chart.
Portfolios have been destroyed , Liquidations everywhere, Retail has disappeared and Engagement dropped on Crypto topics.
Everyone wants to be in crypto during the bull run.
Very few are willing to stay when the market spends months reminding you why patience is expensive.
The people still here today aren’t lucky.
They’re survivors.
The next bull market won’t reward those who left.
It will reward those who endured. 🚀
Bitcoin crashed -17% in the last 3 days and dropped -$12,800 from $74k to $61.3k erasing $250 billion in market cap.
ETH crashed -14% in the same period and hit a 13 month low of $1,715 for the first time since April 12, 2025.
US stocks are still near the highs and there is no major bad news to support this sudden dump. Either it’s pure manipulation or crypto is front running the stock market crash.
It's only the 4th day of June, and Bitcoin ETFs have already sold $1.4 billion worth of $BTC.
ETH crashed -14% in the same period and hit a 13 month low of $1,715 for the first time since April 12, 2025.
US stocks are still near the highs and there is no major bad news to support this sudden dump. Either it’s pure manipulation or crypto is front running the stock market crash.
It's only the 4th day of June, and Bitcoin ETFs have already sold $1.4 billion worth of $BTC.
Mt. Gox is preparing to repay its users from its 2014 collapse
Almost $1 BILLION worth of Bitcoin moved to a new wallet
Market is pricing in the possibility that they will sell
Almost $1 BILLION worth of Bitcoin moved to a new wallet
Market is pricing in the possibility that they will sell
This is really strange.
Bitcoin dominance is crashing hard and just hit a 58-day low of 58.85%.
While Altcoins/Bitcoin just hit an 8-month high and Alts are now up 23% against BTC in the last 28 days.
Altcoins are showing insane strength during this BTC dump from $83k to $69k.
Bitcoin dominance is crashing hard and just hit a 58-day low of 58.85%.
While Altcoins/Bitcoin just hit an 8-month high and Alts are now up 23% against BTC in the last 28 days.
Altcoins are showing insane strength during this BTC dump from $83k to $69k.
SILK ROAD: 15 years ago today, Gawker writer Adrian Chen posted the first mainstream exposé of the Silk Road. Silk Road's membership jumped from roughly a thousand users to over ten thousand almost overnight. $BTC's price was trading around $9.90 on June 1 and would spike to $29.58 within days as demand surged from new users flooding into the ecosystem.
INSANE:
Solo Bitcoin miner mines an entire Bitcoin block worth $231,000
This is a kind of rare scenario
Solo Bitcoin miner mines an entire Bitcoin block worth $231,000
This is a kind of rare scenario
Iran Just Turned Bitcoin Into a Sovereignty Trade
Hormuz is not just an oil chokepoint.
It is a monetary chokepoint.
Roughly 20% of global petroleum liquids moves through one narrow strait.
Iran pressures shipping.
The U.S. pressures Iran’s oil, banking, and crypto rails.
Treasury says Iran-linked actors have used digital assets to evade sanctions.
Bessent reportedly says the U.S. has seized roughly $1B in Iranian-linked crypto.
That is the signal.
When the dollar system is open, states use it.
When it is weaponized, states route around it.
When wallets are custodial, governments grab them.
When keys are sovereign, settlement becomes harder to stop.
Bitcoin is not a war trade.
It is a sovereignty trade.
Hormuz is not just an oil chokepoint.
It is a monetary chokepoint.
Roughly 20% of global petroleum liquids moves through one narrow strait.
Iran pressures shipping.
The U.S. pressures Iran’s oil, banking, and crypto rails.
Treasury says Iran-linked actors have used digital assets to evade sanctions.
Bessent reportedly says the U.S. has seized roughly $1B in Iranian-linked crypto.
That is the signal.
When the dollar system is open, states use it.
When it is weaponized, states route around it.
When wallets are custodial, governments grab them.
When keys are sovereign, settlement becomes harder to stop.
Bitcoin is not a war trade.
It is a sovereignty trade.
$HYPE just hit a new all-time high of $70, adding $11 BILLION in market cap in 2026.
Why HYPE has been pumping?
- 🇺🇸 The US CFTC has approved the first “US perpetual futures,” the same model HYPE is built on, potentially opening access to a multi-trillion-dollar market.
-The platform makes around $900M–$1B in real fees with only 11 employees.
-About 98% of trading fees are used to buy back and remove it from supply, with buybacks already surpassing $2 BILLION
-$100M in inflows since ETF has launched, with funds like Bitwise also using fees to buy HYPE.
$HYPE
Why HYPE has been pumping?
- 🇺🇸 The US CFTC has approved the first “US perpetual futures,” the same model HYPE is built on, potentially opening access to a multi-trillion-dollar market.
-The platform makes around $900M–$1B in real fees with only 11 employees.
-About 98% of trading fees are used to buy back and remove it from supply, with buybacks already surpassing $2 BILLION
-$100M in inflows since ETF has launched, with funds like Bitwise also using fees to buy HYPE.
$HYPE
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