TLDR; Hasbulla account helped inflate the value of a new token, BULLA, which scammed investors out of $3.5 million. The BULLA token was promoted with false claims of celebrity endorsements, leading to a significant rug pull. Hasbulla’s team confirmed he had no connection to the project, calling the entire campaign fraudulent. BULLA lost over 90% of its value, and legal consequences may follow as investors demand answers. Hasbulla-Themed Token Raises $10M A newly launched cryptocurrency named BULLA, allegedly associated with internet personality Hasbulla Magomedov, has raised over $10 million in a presale. While Hasbulla himself has not directly rugpulled investors,…
Author: Newton Kitonga
TLDR; TRON (TRX) is trading close to its all-time high, showing exceptional strength compared to most altcoins. Key metrics like Sharpe Ratio and NRM reflect a moderate risk-return profile, suggesting sustainable momentum. On-chain data reveals massive transaction fees, stablecoin dominance, and increased whale accumulation. Analysts predict price targets as high as $1.11, citing breakout patterns and growing institutional interest. A the crypto market continues to reel from volatility, TRON (TRX) has emerged as one of the most resilient assets. While much of the altcoin sector remains far below previous highs, TRX has continued to flirt with its all-time high, backed…
TLDR: A flaw in Cetus’ smart contract logic let attackers drain over $200M with minimal capital. The bug involved a miscalculated bit-shift operation in liquidity math. Attackers used flash swaps and fake liquidity to extract tokens. Validators froze most of the stolen funds, but raised decentralization concerns. Following the devastating attack on Sui-based decentralized exchange Cetus, blockchain security firm Dedaub has revealed what really went on behind one of the most catastrophic DeFi exploits in recent memory. The incident, which occurred on May 22, 2025, resulted in the loss of more than $200 million, shaking the crypto community and users…
TLDR: A crypto investor lost $2.6 million in USDT through a new scam tactic called “zero transfer.” The attacker manipulated the wallet history to trick the victim into sending funds to a fake address. Zero transfer scams are rising in frequency and sophistication across the crypto space. Security firms and regulators are ramping up AI tools and enforcement to combat such fraud. $2.6M Drained in Just Three Hours A crypto investor has lost a staggering $2.6 million in Tether (USDT) after falling victim to a highly sophisticated phishing scam known as a “zero transfer” attack, according to blockchain security analysts…
TLDR; AI “hallucinations” are when systems generate false but plausible information. Incidents have affected law, journalism, and environmental policy. Experts are split: some say hallucinations are fixable, others call them critical flaws. Growing concern that unchecked AI errors could erode public trust. Artificial intelligence has rapidly evolved into one of the most transformative tools of the digital age, but a growing undercurrent of concern is casting a shadow over its adoption. AI’s tendency to confidently generate false or misleading information, a phenomenon known as “hallucination.” And according to experts, it’s undermining the very trust the technology depends on. AI Systems’…
TLDR: XRP’s 44X rally to $99 is based on a bullish pennant pattern, reminiscent of XRP’s 2017 breakout. Conflicting exchange prices add to market uncertainty, with XRP ranging between $0.53 and $2.30. A bull Flag micro-pattern targeting $17 by September, supported by historical technical data. Broader catalysts including ETFs, Ripple’s acquisitions, regulatory clarity, and UAE expansion are fueling investor optimism. XRP’s path to $99 Popular Technical analyst Javon Marks believes XRP could be gearing up for a massive rally that would send it soaring to $99. The forecast, shared Monday, is based on a large bullish pennant pattern, mirrors a…
TLDR; Strategy has purchased 4,020 more bitcoins for $427.1 million. The company now holds 580,250 BTC, nearly 3% of total supply. This buy was funded by selling stock, including a recent $2.1B raise plan. A class-action lawsuit alleges Strategy misled investors about its Bitcoin strategy. Strategy, the enterprise software company turned Bitcoin development powerhouse has acquired an additional 4,020 BTC for approximately $427.1 million. The purchase, made between May 19 and May 25, pushes the firm’s total Bitcoin holdings to a staggering 580,250 BTC. https://twitter.com/saylor/status/1926972171349373129 The new acquisition comes just days after Strategy priced a massive preferred stock offering aimed…
TLDR Analyst Lagen Bitcoin’s chart shows bullish “Cup & Handle” and hidden divergence patterns, with no bearish warnings currently. He forecasts a blow-off top of $325K before July 5, based on Elliott Wave Theory Despite profit-taking after Bitcoin’s $112K ATH, on-chain data shows mixed sentiment among whales and long-term holders. Analysts and institutional buyers remain firmly bullish, projecting exponential upside. Bitcoin’s recent performance has caught the attention of investors worldwide, with several analysts pointing to sustained bullish momentum and no immediate signs of a reversal. Among them has been popular technical analyst Gert van Lagen, who shared on Monday though…
TLDR; Crypto investment funds saw $3.29 billion in inflows from May 17–23, the second-largest weekly surge in 2025. Bitcoin dominated with $2.98B in inflows, mostly via U.S. spot ETFs; Ethereum followed with $326M XRP’s 80-week inflow streak ended with a record $37.2M outflow, while Solana and Sui posted modest gains. Long-term holders are still accumulating during these dips, signaling confidence amid short-term volatility. Digital asset investment funds just recorded their second-largest weekly inflow of the year, with a staggering $3.29 billion pouring in between May 17 and 23, according to a Monday report from CoinShares. The surge signals renewed institutional interest…
TLDR; DDC Enterprise has launched its Bitcoin Accumulation Strategy with an initial purchase of 21 BTC worth $2.21 million. Firm plans to acquire 5,000 BTC over the next three years, including 500 BTC by the end of 2025. CEO Norma Chu sees Bitcoin as a long-term value driver, calling it a hedge against macroeconomic uncertainty. Firm joins a growing wave of public firms adopting Bitcoin, as corporate BTC holdings near 800,000 coins globally. DDC Enterprise Ltd., a Hong Kong-based fast-food conglomerate also known as DayDayCook, has officially joined the growing list of public companies embracing Bitcoin as a treasury asset.…