Nigeria’s Crypto Crackdown....😱😱

To combat financial crimes associated with the digital asset industry, Nigeria has escalated its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase. 

According to a local media report, the African country has asked its telecommunications companies to restrict access to the websites of these crypto firms after the Central Bank of Nigeria (CBN) issued guidelines to regulate the activities of digital asset operators.

The Central Bank of Nigeria had a change of stance in December 2023, instructing banks to disregard the previous ban on crypto transactions imposed in February 2021. 

The latest restriction on crypto websites aims to slow down currency speculation activities within the country. Binance clarified that its platform is not intended for currency pricing after users complained about the inability to purchase dollars.

While no specific timeline is provided for the restriction, the NCC’s directive is expected to take effect immediately. Similar measures were implemented when Nigeria blocked access to Twitter in 2021...

As regulatory pressure on crypto exchanges in Nigeria intensifies, the crypto community awaits further developments and potential responses from Binance, Coinbase, and other affected platforms. The government’s efforts to crack down on crypto transactions and currency speculation continue to shape Nigeria’s digital asset industry landscape.

VERY IMPORTANT.. "DON'T MISS THIS 💎"....

🔴 2013 - You Missed $BTC
🔴 2014 - You Missed $DOGE
🔴 2015 - You Missed $XRP
🔴 2016 - You Missed $ETH
🔴 2017 - You Missed $ADA
🔴 2018 - You Missed $BNB
🔴 2019 - You Missed $LINK
🔴 2020 - You Missed $DOT
🔴 2021 - You Missed $SHIB
🟢 In 2023, 2024 Don't Miss $XV TOKEN...

ETH FairLaunch Holders already at with 10X+ Potential to go 100X to 1000X

BNB Launch on 16 December-PinkSale
( More Details in my Next $XV Post )
Just 100 Million tokens each on both chains ..😱😱
CMC/ CG Listed..
Top Tier Listing Announcement at any time to come..
$XV is with Everthing for Web03....
SocialFi, GameFi & TG Sniper Bot with RevShare..

GERMAN GOVERNMENT MOVES ANOTHER 1300 BITCOIN WORTH $75 MILLION TO CEXS……

as per the On-chain Data,  the German Government has moved today  another 1300 $BTC   worth around $75 Million to Coinbase,  Kraken & Bitstamp…

Address bc1qq0...738z (labeled as German Gov.)

this comes after series of $BTC Transfers noted from the address labeled as German government since the month  of June…

as earlier reported by Arkham, a wallet linked to the German government transferred 6,500 $BTC to exchanges on June 19, worth $425 million at the time...

Then  German government transferred another 1,500 Bitcoin, worth approximately $94 million, to various addresses, including those at Coinbase, Kraken, and Bitstamp. Specifically, they moved 600 BTC and 500 BTC to unknown addresses in two separate transactions. 

Additionally, they sent 200 BTC to a Bitstamp address, 100 BTC to a Coinbase address, and 100 BTC to a Kraken address. These movements indicate a strategic distribution across different platforms.

Crypto Liquidations Tops $200 Million as $ETH , $BTC Fall…
Past 24 hours $208 Million Liquidated….

Crypto market liquidations spiked to their highest point in a week on Wednesday as the price of Bitcoin sunk below $60,000.

In the past 24 hours, more than 74,000 traders were liquidated to the tune of $208 million, CoinGlass data shows.

The majority of those — some $184 million — struck investors holding long positions that had bet on prices going up.

The largest liquidations afflicted Ethereum investors, at $55.5 million, almost entirely in long positions, data shows.

Ongoing issues surrounding U.S. monetary policy, geopolitical tensions, and the upcoming U.S. presidential election in November are projected to impact the top cryptocurrency's price throughout 2024.

Bitcoin dropped from around $62,200 to as low as $59,425 in intraday trading. The asset has since clawed back losses above $60,200 but is still down 3% over the past 24 hours…

Meanwhile, Ethereum is down by 3% over the same period, falling from a Wednesday high of $3,425 to as low as $3,254. It's now trading at $3,300.

Solana, the world's fifth-largest crypto by market cap, took the largest hit among the top 10 coins, down roughly 8% to $140. Solana had been riding high on New York-based investment management firm VanEck's filing of its “Solana Trust” exchange-traded fund late last month…

analysts still see further price gains this year, with the current market cooling representing a precursor to another major price surge in the coming months, 

analytics firm CryptoQuant released a report examining Bitcoin mining metrics and flagged conditions for a bottoming of prices at current levels…

DYOR/ NFA ..

SHIBA INU $SHIB MAJOR MILESTONES....😱😱😱
Shibarium and SHIB’s burning mechanism made the headlines…

As Reported by Cryptopotato, The second-largest meme coin in terms of total market cap – Shiba Inu SHIB – made waves  thanks to the further development of its layer-2 scaling solution – Shibarium.

Data shows that the total number of blocks processed on the network surpassed the 5.5 million milestone. Additionally, total transactions neared the 420 million mark, while wallet addresses exceeded 1.8 million…

Daily transactions on the protocol are also on the rise, currently standing at over 14,000. This represents a 100% increase compared to the figure observed a few days ago..

Shibarium officially went live in August 2023, and its main purposes include lowering transaction costs, improving speed, and enhancing scalability.

Another important Shiba Inu-related development as of late is the resurgence of the burning mechanism. It exploded by over 4,000% in the past 24 hours, resulting in more than 300 million tokens being removed from circulation…

The program’s ultimate goal is to reduce the tremendous circulating supply of the coin, making it scarcer and potentially more valuable in time.

SHIB is among the numerous meme coins situated well in the green on a daily scale. It is currently the 14th biggest cryptocurrency, with a market capitalization of over $10 billion.

Some Experts suggest that SHIB could be headed for a further uptrend in the near future. The crypto market intelligence platform – Santiment – recently stated that the meme coins is one of the most underbought digital assets….

This condition might be interpreted by traders and investors as a buying opportunity and could be followed by a price uptick, potentially Dropping few Zeros in the future…

DYOR / NFA …

Shiba Inu: Most Holders Can Resign From Usual Work If SHIB Rises 100,000%

Shiba Inu boasts an army of 1.3 million investors worldwide and the majority of them come from working class backgrounds. Only a handful of them are whales who invest millions in SHIB and its price tanks when they press the ‘sell’ button. More than 1 million SHIB holders share the same dream of resigning from their jobs and leading a life of financial freedom.

The token made early investors earn millions as it spiked 85,000,000% (85 million percent) between 2020 and 2021. The same is not being replicated and has only gone downhill in the last two and a half years.Shiba Inu is currently trading at the $0.000001 mark in the indices on Sunday. The majority of investors want the token to reach the 1-cent mark, and it’s the only way for them to achieve their financial dreams. No other financial investment can bring them closer to their dreams.

If SHIB rises 100,000% from today, its price will straight away reach the $0.01 milestone (1 Cent). Therefore, present-day investors could get to earn more than $1 million in profits if the scenario plays out.

Mass resignation letters from employees around the world will be submitted to their respective employers. Who would want to work for a living in an office when your bank account gets filled with millions of dollars?
Since SHIB is available for less than a Cent, the average investor is drawn towards the token for its affordability. It gives them hope that they too can make millions if the token rises in the charts.

Its current price does not burn a hole in the pockets of accumulated moderately. If Shiba Inu reaches $0.01 maybe in the next 20 years, the workforce could experience 1 million resignations in a month.

DYOR/ NFA 

USA Government Sells $12 Million in ETH, German Moves $94 Million in BTC ..

The German and U.S. governments have once again moved significant amounts of Bitcoin and Ether, hinting at a potential sale of these assets. According to blockchain analytics firm Arkham, these recent transactions align with similar moves made by both governments last week. This ongoing activity has drawn attention to the substantial cryptocurrency holdings of these nations.

The German government transferred a total of 1,500 Bitcoin, worth approximately $94 million, to various addresses, including those at Coinbase, Kraken, and Bitstamp. Specifically, they moved 600 BTC and 500 BTC to unknown addresses in two separate transactions. 

Additionally, they sent 200 BTC to a Bitstamp address, 100 BTC to a Coinbase address, and 100 BTC to a Kraken address. These movements indicate a strategic distribution across different platforms.

Meanwhile, wallets identified as belonging to the U.S. government transferred 3,375 Ether, valued at about $11.75 million, to an unknown address. This Ether originated from assets seized from Estonian entrepreneurs Sergei Potapenko and Ivan Turõgin. The U.S. government’s crypto holdings are extensive, currently amounting to approximately 213,534 Bitcoin ($13.42 billion) and 50,524 Ether ($175.9 million), among other assets.

The latest transactions underscore the significant crypto reserves held by these governments. The U.S. is the largest known state holder of Bitcoin, followed by China, the UK, Germany, and Ukraine. This positioning highlights the strategic value and potential influence these nations have within the cryptocurrency market.

As at presstime, Bitcoin’s live price today is $62,867.34, with a 24-hour trading volume of $21.24 billion. Bitcoin has seen a 2.28% increase in the last 24 hours. As per Coinglass data, the Bitcoin derivatives market has experienced a significant 84.04% surge in trading volume, reaching $40.91 billion. ...

Satoshi-Era Miner Wallet Wakes Up After 14 Years...
According to blockchain analytics platform Lookonchain, a miner wallet woke up on Thursday after being dormant for a whopping 14 years. 

The address deposited 50 BTC (roughly $3.05 million) to the Binance exchange.  These coins were a mining reward that was received on July 14, 2010. 

Transfers from wallets that date back all the way to 2010 are quite rare. In April, 50 BTC that was earned from mining on Apr 23, 2010, was also moved for the first time in 14 years. A similar transaction also took place in March, according to Lookonchain. 

It is worth noting that the largest cryptocurrency was trading below the $1 mark back in 2010. Bitcoin only managed to surpass the aforementioned level in February. In June 2011, its price peaked at $30. At press time, the cryptocurrency is trading at $61,040. Some social media commentators have already suggested that the recent transfer might be related to Satoshi Nakamoto, the mysterious creator of the leading cryptocurrency. However, he was not the only whale mining the cryptocurrency back then. Despite the fact the network was still in its earliest days, it had quite a few participants who collectively mined a whopping 3.39 million coins that year. 

In 2010, there was no dedicated mining hardware, which means that some geeks could mine the cryptocurrency with the help of ordinary computers. However, as more users started joining the network, mining difficulty started to increase. On July 16, 2010, for instance, mining difficulty quadrupled after an article about the original cryptocurrency was published on Slashdot, a popular website for nerds.  Rare transfers from long-dormant wallets now remind the Bitcoin community about the long-gone era of CPU mining. 

NO ...BINANCE NOT DELISTING SHIBA INU ….😱😱
Shiba Inu ( $SHIB ) executive shuns Binance Delisting FUD….

In the age of social media and self-reporting of events, some information flying around might be false. LucieSHIB, the Shiba Inu (SHIB) marketing executive, tried to counter this earlier today. It happens that some members of the community misconstrued an update from the Binance exchange about the delisting of a SHIB trading pair…

According to LucieSHIB, this post does not imply that Binance exchange is delisting Shiba Inu as an asset on its platform. Notably, the platform reviews its listed trading pairs regularly, and it filters out non performing pairs. 

This was what the trading platform did when it named the SHIB/TUSD pair among the pairs to delist by June 28. The other pairs affected in this latest round of delisting include METIS/FDUSD, LINK/TUSD and BLUR/FDUSD, among others…

LucieSHIB warned the community of articles from crypto media with clickbait features. This update comes considering the volatility of the Shiba Inu ecosystem. The community is so fragile that fraudulent entities generally take advantage of situations like this to defraud users of their hard-earned money.

Binance exchange remains one of the biggest trading platforms on which SHIB trades as an asset. While the SHIB/TUSD pair is out the door, interested traders can still explore other available pairs, including SHIB/USDT and SHIB/USDC, among others…

Current $SHIB Status
PRICE $0.0000172
MC $10.19 Billion
24H Volume $233.15 Million
ATH $0.0000884
CMC RANK #13

ANONYMOUS DONOR PAYS $500,000 IN BTC FOR JULIAN ASSANGE'S FREEDOM FLIGHT..
An anonymous Bitcoin donor paid over $500,000 in $BTC to cover WikiLeaks founder Julian Assange's $520,000 flight home to Australia after being released from prison…

Assange was released from prison in the UK on June 24th and flew to the US territory of Saipan to enter his plea. He had been fighting extradition to the US on espionage charges related to WikiLeaks publication of classified documents.

On June 26th, Assange arrived back in his native Australia and embraced family members in Canberra. He has been a pioneer for Bitcoin and WikiLeaks since its inception, even receiving donations in $BTC in 2010 when few knew about it.

Just a day earlier, to cover the $520,000 cost of his private charter flight arranged by the Australian government, Assange's wife issued an urgent appeal for donations. She also provided a Bitcoin address for contributions

Remarkably, a single Bitcoin donor sent over 08 $BTC worth nearly $500,000 to the address to cover the entire debt. This allowed Assange to return home without financial burden.

The anonymous donor's massive contribution highlights the Bitcoin community's enduring support for Assange and his work revealing government secrets. Bitcoiners have long advocated for his release.

While the whale's identity remains unknown, the donation underscores Bitcoin's role in enabling uncensored free speech and financial freedom.

US GOVERNMENT TRANSFERRED 3940 BTC WORTH OF $241 MILLION TO CEX….

Within the past 24 hours, Us Government has just transferred 3940 $BTC worth of $241 Million to coinbase…
and They still hold total of 213,546 Bitcoin worth of $12.9 Billion 

US Government Ranked no 04 in the list of top Bitcoin holders list behind only to 
Satoshi Nakamoto 
Binance 
& Grayscale 

This transfer came amid a couple of transfers from the German Government which transferred a total of 6900 Bitcoin into Centralized exchanges in the past two weeks …

BEST ALTCOINS YOU SHOULD HOLD FOR MASSIVE GAINS BY 04TH QUARTER IN 2024 to 01ST QUARTER OF 2025…

These are the most Potential Altcoins with low price point, where Maximum Growth expected in Upcoming Alt Season & Bull Run…

WINNING COIN LIST …

$ORDI - Ordinals 
$ORDI is a Bitcoin derivative product based on the BRC20 token standard.
Currently at $38.77/ MC at $816.65 Million 
ATH $96.17 / Target to reach $125 to $150 

$JUP - Jupiter
One of The Most advanced Swap aggregation engines, there are latest discussions abt possible supply burn …
Currently at $0.80 / MC at $1.10 Billion 
ATH $2.04 / Target to reach $6 to $10 

$ENJ- Enjin Coin
Web 03 gaming project
Currently at $0.20 / MC at $301.12 Million 
ATH $4.84  / Target to reach $5  to $7 

$FLOKI - $FLOKI INU
Utility + Meme coin of FLOKI  ecosystem 
Currently at $0.00017 / MC at $1.71 Billion 
ATH $0.00034 / Target to reach $0.0018 to $0.0027

$XV  - $XV TOKEN
still the project in building status 
Hugely potential ,yet very much under Valued 
Available in ETH/ BSC & SOL 
If all goes well reaching 0.50 to $1 is very much on the Card..

$PYTH - Pyth Network
largest & fastest growing first party oracle Network 
Currently at $0.32 / MC at $1.19 Billion 
ATH $1.15  / Target to reach $2.25 to $3.5

$MANEKI - MANEK
A Hugely Potential Cat Meme on Sol chain with impressive Marketing strategies 
Currently at $0.0081/ MC at $68.48 Million 
ATH $0.027  / Target to reach $0.25 to $0.50

$ARB -Arbitrum
A Ethereum Layer 2 scaling Solution.. 
Currently at $0.82 / MC at $2.66 Billion 
ATH $2.39 / Target to reach $4 to $7

$INJ - Injective 
A open interoperable layer 01 Blockchain..
Currently at $22.85 / MC at $2.14 Billion 
ATH $52.74 / Target to reach $58 to $70

DYOR/ NFA 
pls note these are purely Author's predictions & experts and influencers may have other opnions...

BREAKING NEWs ..‼️
GERMAN GOVERNMENT SENDS ANOTHER 400 BITCOIN TO EXCHANGES -

STILL $2.85B LEFT TO DUMP

as per the several media reports, few hours ago, the German government sent another 400 $BTC (worth more than $24 million) to centralized exchanges, presumably to sell their stacks into the market.

The Bitcoin   was sent across two transactions - each for 200 $BTC - and each was sent to the @Coinbase and @Krakenfx exchanges.

According to @ArkhamIntel’s dashboard, the German government still holds an incredible 46.9K BTC worth a whopping $2.85 billion.

The German government seized the 50,000 BTC from a pirated movie website operator, as covered by WuBlockchain in early 2024.

The news follows transactions made at the end of last week, which also saw large sums of Bitcoin sent to Coinbase and Kraken.

as earlier reported by Arkham, a wallet linked to the German government transferred 6,500 BTC to exchanges on June 19, worth $425 million at the time...

Mt. Gox to Commence $9B+ Bitcoin Repayments to Creditors, BTC Falls 5%..

Mt. Gox bankruptcy trustee on June 24, 2024, declared that reimbursements would begin at the start of July. The disbursements will be made in BTC and Bitcoin Cash (BCH) and sent to designated exchanges. 
Approximately $9 billion worth of $BTC and $50.8 million in Bitcoin Cash are expected to be distributed to 127,000 Mt. Gox creditors.

This announcement follows a lengthy wait of ten years and three months by creditors for reimbursement. Mt. Gox ceased operations on February 24, 2014, when it halted all trading and took its website offline. Nobuaki Kobayashi, the trustee, stated that the debtor had taken time to ensure safe, reliable, and compliant repayment arrangements. 

The trustee has asked creditors for patience, noting that the order of payments will depend on the respective cryptocurrency exchange.

Trustees have been working on a repayment plan for several years, with a deadline of October 2024 set by a Tokyo court last year. In May, the exchange moved over 140,000 BTC, worth around $9 billion, from cold wallets to an unknown address in 13 transactions. This marked the first on-chain wallet movement in five years.

History of Mt. Gox..
Mt. Gox was once the world’s top crypto exchange, handling over 70% of all Bitcoin transactions in its early years. In early 2014, hackers attacked the exchange, resulting in the loss of an estimated 740,000 BTC, worth $15 billion at current prices. The hack was the biggest of many attacks on the exchange between 2010 and 2013.

Now, the repayments are expected to add selling pressure to Bitcoin markets as early investors may sell their assets, which are now valued much higher than their original purchase prices before 2013.

After the announcement, Bitcoin's price dropped 5% to a low of $60,580 per coin. Currently, the leading crypto asset is trading at $61,123 after the price dip. The repayments are largely seen as adding selling pressure to BTC markets, with traders expecting early investors to sell at least part of their holdings.

Investor who Lost  Massive $11.2 Million To A Phishing Attack & then Liquidated Another $3.03 Million….😱😱😱
As reported by scam sniffer & Peckshield, Few hours ago, a victim lost  staggering $11.2 million worth of aEthMKR and Pendle USDe tokens due to signing multiple Permit phishing signatures…

Lost in the Phishing Attack..
*$aETHMKR worth of $8.76 Million
*$PT-sUSDE worth of $1.245 Million 
*$PT-sUSDE worth of $ 1.3 Million 

victim:
0xfb94d3404c1d3d9d6f08f79e58041d5ea95accfa

scammer:
0x739772254924a57428272f429bd55f30eb36bb96

then to make it worse the  same address got liquidated for additional $3.3 Million worth of $MKR…

how to avoid being phished?
be cautious of phishing attempts in these common scenarios,

Most Common ways of initiating Phishing Attacks 

X (Twitter )
Hacked, SIM swap, Malicious third-party Applications, Spam Comments & Mentions 

Discord 
Hacked, Bookmark Phishing, Malicious Bot, Invite link expired & Malicious takeover 

Airdrop Phishing 
NFT, Tokens 

Scam Ads 
Google search ads, Twitter ads 

Frontend Compromised 
DNS Attacks, Supply Chain Attacks

stay safe... 

Bitcoin $BTC vs. Ethereum $ETH : Which Will Win Q3 2024?

The world’s number one and two leading cryptocurrencies by market capitalization, daily transaction volume, and crypto exchange volume have almost perfectly tied for ROI from Jan. 1 through the middle of June…

BTC is up 54% YTD with only a few days left in Q2 2024. ETH is up 55% in a statistical dead heat tie for quarter two ROI. Who will win in quarter three and why?

The average annualized ROI for Bitcoin and Ethereum price performance since Jan. 1 is aces. The top two cryptocurrencies are pacing for a +116% year.

Question is which cryptocurrency will outdo the other in Q3, or will Bitcoin and Ethereum come remarkably close again to earning the same amount of profit for crypto investors in the next half of the year?

Few factors that may fuel the potential gains in Both $BTC & $ETH . Some are more bullish for BTC, some for ETH, and some are a wash between the two blockchains,

*Dollar Inflation ( Advantage BTC )

*DeFi and DApps usage ( Advantage ETH )

*Institutional Adoption ( Advantage BTC & ETH )

*Prague Electra ETH upgrade ( Advantage ETH )

*Meme Coins on ETH blockchain ( Advantage ETH )

*Competitive Analysis ( Advantage BTC )

While BNB, Solana, Cardano, Avalanche, Aptos, and a hundred others compete with Ethereum for DeFi market share, there is only one Bitcoin with only 21 million BTC...
so presumably BTC Might stay on Top ...

IS the German Government To Be Blame for latest Crypto Meltdown….???

Sale of Bitcoin by the German government caused the crypto market downturn…?

Some traders say Germany’s $BTC selling is behind this week’s drop, but a negative reaction to concerning macroeconomic data is the likely culprit as Traders are concerned that the stock market may have peaked and that the United States fiscal situation is weakening….

According to the onchain crypto analytics firm Arkham, a wallet linked to the German government transferred 6,500 $BTC to exchanges on June 19, worth $425 million at the time. Arkham claims that the wallet held nearly 50,000 $BTC, believed to have been seized from the pirated movie website Movie2k, which operated in 2013. The evidence suggests that this entity sent BTC to Kraken, Bitstamp and Coinbase, leaving little doubt about its origin and effective sale..

However, this theory is flawed because the U.S.-based business intelligence firm MicroStrategy disclosed on June 20 that it had purchased an additional 11,931 BTC for $786 million. Thus, MicroStrategy’s buy covered the selling pressure of German Government including the two-day $292 million net outflow from U.S. spot Bitcoin exchange-traded funds..

let's see how the market will start performing the New week in 2 days ...

$MANEKI GLOBAL MISSION CONTINUES….

The Leading $SOL Chain Cat Meme Continues is Global mission..
$MANEKI has so far achieved what other Meme projects could only dreaming of ..

Few of the achievements so far…
*the first memecoin to be interviewed at the NYSE by Jane King

*partnering with @TrollFootball, the largest football meme media platform with over 4 Million followers,

*NASDAQ Billboard, New York Stock Exchange advertising..

*Major UFC partnership 

*IP secured in 130+ countries

What to expect….
Developers are teasing the Community with Huge Burning Event & one or More Major Top Tier CEXs Listing Soon..

Current Status 
Price $0.00766
Market Cap $68 Million 
DEX Liquidity $12.4 Million 
ATH $0.027
Holders 100k+

this will definitely be a huge thing in the meme world, don't be surprised if $MANEKI will Reach several Billions of Market Cap sooner…

Don't Fade over $MANEKI  - The Lucky Cat from Far East ..

DYOR 

HOW 12-YEAR -OLD BOY BECAME MILLIONAIRE AFTER BEING ONE OF THE FIRST TO INVEST IN BITCOIN..😱😱

Erik Finman decided to invest in Bitcoin at the age of 12 after striking a deal with his parents in a bid to avoid going 'back to school'

In 2011, instead of wasting away his pocket money, Erik decided to put his money where his mouth was after striking a deal with his parents that he'd prove he could make his fortune outside of traditional education in return for being able to skip out studying a college degree.

But how would Erik build such wealth? Well, luckily for the 12-year-old, Bitcoin had just been launched in 2009 and data became available the following year, so after receiving $1,245 from his grandmother, Erik decided to invest in the cryptocurrency

At the time Erik invested, trading was at around $12 - and this gave him about 103 BTC.
surely most kids at that age would have likely been lost at how he managed to invest this money on a new emerging online currency phenomenon, it certainly paid off

In December 2017 - when Erik was just 18 - Bitcoin reached a high of around $20,000 and his initial $1,245 investment increased to a staggering $2.07 million...

Reflecting on his decision that paid off massively, as an adult Erik said ‘people didn’t really get what I was trying to do’.

He told the Business of Business: "I really didn't like high school. People didn't really get what I was trying to do, get what I was searching for or what I was dreaming of
I dropped out of high school and made a bet with my parents: if I make a million dollars by the time I’m 18, I don’t have to go back to school or go to college."

And Erik didn't just stop after making his first million either, building the amount of Bitcoins he had to 341 - with an estimated worth of more than $4.8 million by mid 2020.

However, Erik, now 25, hasn’t been too happy about his claim to fame and insisted he is 'desperate to get out of crypto' and was 'sick of being the Bitcoin person' so he's recently been putting his finances into aircraft which he said has made 'good money'.

Arkham posts $150K bounty to find creator of DJT Trump token...😱😱😱

As reported by Cointelegraph, Arkham Intelligence has offered a $150,000 bounty for whoever can identify the creator of the Solana-based token DJT — which rose up to 500% on Monday on unsubstantiated rumors it was tied to Donald Trump.

$150,000 to the first person to definitively prove the identity of the creator of $DJT,” the firm posted to X on June 18.

The bounty will be live for eight days and paid in 100,000 Arkham (ARKM), worth $1.56 at the time of writing, according to CoinMarketCap.

Find definitive evidence of the creator of $DJT. We will accept private proof for this bounty but if accepted that proof will be made public,” the bounty notice reads....

High-profile blockchain sleuth ZachXBT is among those who have sent in a submission so far..

Elsewhere on the internet, people are placing bets on whether the DJT token was really launched by Trump or a member of his family.

Decentralized betting platform Polymarket shows there’s nearly $1.7 million in bets over whether the DJT token is “real.”

Only 17% of the total bets have been placed in the “Yes” camp, but for them to win, definitive proof must be obtained by 11:59 ET on June 21, or else the market will resolve to a “No.”

The rumor that Trump is behind the DJT token, “spearheaded” by his son, Barron Trump, first came from an X post by tech blog Pirate Wires, which cited “conversations” but didn’t elaborate on who those conversations were with.

Pressed on where the information was from, Pirate Wires creator Mike Solana noted he “didn’t speak with Trump directly” and was “just reporting what I know via sources.”

DJT is currently trading for 0.016, down 50% from its peak of 0.036 on Tuesday, according to Birdseye.