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Mohit Rijhwani
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A new scam technique targeting cryptocurrency users has been identified by Kaspersky, gaining traction on YouTube. The scam involves comments about transferring USDT from a Tron blockchain wallet that holds over $8,000 in stablecoins. This is not a novice mistake but a well-crafted trap. The stablecoins are stored in a multi-signature wallet, which requires a fee for withdrawal. When scammers attempt to steal funds by sending TRX tokens, the tokens mysteriously vanish into another wallet controlled by the scammer. The bait wallet is set up as a multi-signature wallet, needing multiple approvals for transactions, which prevents direct transfer of USDT to personal wallets. Kaspersky highlights that scammers pose as beginners and share wallet access to deceive naive thieves, who ultimately become victims themselves. This scam is not isolated, as multiple new accounts have posted similar comments and mentioned the same mnemonic phrase. Due to low transaction fees on the blockchain, often under $10, such scams may primarily target those seeking illicit gains rather than sophisticated criminal activities aiming to steal large sums. Therefore, cryptocurrency users need to remain vigilant to protect themselves from these scams. #USDT #blockchain #BTC
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"🚨 Big news for the crypto space in Europe! Starting December 30, 2024, Tether ($USDT) won’t be illegal, but it has to comply with new MiCA regulations. They have a grace period of 6 to 18 months to get everything in line. If exchanges like Coinbase decide to delist $USDT early to avoid penalties, it could really shake things up for traders. Meanwhile, compliant stablecoins like Ripple’s $RLUSD could become popular alternatives. What do you think? Will Tether manage to comply, or will we see a shift to new compliant stablecoins? 🌍" #USDT #BinnanceSquare #coin #Crypto2025Trends
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$PEPE COIN
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Simon Gerovich, CEO of the Japanese publicly traded company Metaplanet, announced on the X platform that Metaplanet has achieved the highest stock return rate among companies with a market capitalization exceeding $250 million and an average daily trading volume over $50 million. The company's stock return rate for 2024 is approximately 2600%. This year, Metaplanet's stock has also ranked first in Japan in terms of return rate, with its market capitalization soaring by about 6000%. Additionally, Metaplanet has become one of the largest Bitcoin holders among global publicly listed companies, ranking 15th overall, by increasing its Bitcoin reserves from zero to 1,761 units.. #BTC $BTC
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Appointing David Sacks as the "AI and crypto czar" means he has a two-year window to push forward pro-crypto policies before the midterm elections in 2026. Joe Doll mentioned that if the government becomes gridlocked, it could hinder regulatory progress. Currently, the administration controls both chambers, making it crucial to seize this opportunity to enact significant crypto-friendly policies. The president-elect, Trump, has brought in several pro-crypto individuals into advisory and cabinet positions, which is a positive step for innovation. David Sacks has received considerable praise for his advocacy of cryptocurrencies, and Paul Atkins’ nomination as SEC chairman further strengthens the pro-crypto stance. Additionally, Stephen Miran’s appointment as chairman of the Council of Economic Advisors also supports pro-crypto policies. All these developments signal a positive outlook for the crypto community! If you want to know more about this topic, just let me know! #AI #crypto
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