Data shows that the total market value of meme coins will reach 16.9 billion US dollars in January 2023. Currently, the market value has dropped by 18.93% and is worth 13.6 billion US dollars, a decrease of more than 3 billion US dollars. DOGE, which currently has the highest market value, has decreased by 2.46 billion US dollars since January, while SHIB has fallen by about 1.22 billion US dollars in the past 9 months.
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The total market value of meme coins has shrunk by more than $3 billion in the past nine months
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Slurpycoin on BSC was attacked by flash loans, and the attacker used the repurchase mechanism to manipulate the token price for profit
According to CertiK Alert monitoring, Slurpycoin on BSC has suffered a flash loan attack. The attacker manipulated the token price using a buyback mechanism and made a profit of about $3,000 from sandwich arbitrage. This attack is also responsible for the $10,000 loss of MRP tokens on July 2. -
Europol seizes over $26 million in crypto from nine drug traffickers
On December 19th, the European police organization collaborated with law enforcement agencies from six countries to dismantle an international drug trafficking group that used cryptocurrency. The operation resulted in the arrest of 9 suspects. During the operation, valuable items including gold and luxury goods, €35,000 in cash, and €25 million in cryptocurrency (equivalent to $26.23 million) were seized. The total value of assets seized was €27 million, equivalent to $28.33 million. -
Phishers forge Ledger emails, send fake security breach notifications to trick users into sharing seed phrases
scammers are forging support emails from hardware wallet manufacturer Ledger, in order to trick users into sharing their seed phrases under the guise of checking for security vulnerabilities. Ledger users have reported that phishing scammers are forging support emails from the cryptocurrency hardware wallet provider in order to trick users into revealing their wallet keys. -
Anthropic X account was hacked, it has been restored and confirmed that no system was damaged
official X account of the artificial intelligence startup company Anthropic was hacked this morning and an unknown token contract address was posted. The tweet has since been deleted. Anthropic stated that the root cause of the unauthorized post on the account has been identified and confirmed that no Anthropic system or service was compromised or involved in this incident. -
Nigeria raids crypto fraud den, nearly 800 suspects arrested, including citizens of many countries
the Economic and Financial Crimes Commission (EFCC) of Nigeria raided a cryptocurrency scam center in Lagos on December 10th, arresting 792 suspects, including 148 Chinese citizens and 40 Filipino citizens. The organization primarily targeted North American and European users for Ponzi schemes, forcing victims to transfer funds for false cryptocurrency plans and other non-existent projects. -
ZachXBT: LastPass attackers stole approximately $5.36 million in crypto assets from more than 40 addresses
On December 17th, Chain analyst ZachXBT revealed that LastPass attackers launched attacks on more than 40 victim addresses, stealing approximately $5.36 million in encrypted assets. The attacker then exchanged the stolen funds for ETH and transferred the assets from the Ethereum network to the Bitcoin network through multiple instant exchanges, attempting to conceal the flow of funds. -
On-chain trading tool SolTradingBot suspected of being attacked
On December 17th, according to community reports, the on-chain trading tool SolTradingBot was suspected to have been attacked, and some users reported that their funds were stolen. Please be aware of the risks. -
Arizona man allegedly impersonated Uber driver to steal $300,000 in cryptocurrency
According to a report by Cointelegraph, a man in Arizona, USA is suspected of impersonating an Uber driver and stealing $300,000 worth of cryptocurrency. The Scottsdale Police Department has charged Nuruhussein Hussein with pretending to be an Uber driver twice in March and October of this year, and specifically talking to passengers by name to lure them into waiting outside the W Hotel in Scottsdale. Once in the car, Nuruhussein Hussein asked to borrow the passengers' phones, then used them to access their Coinbase accounts and transfer cryptocurrency. Nuruhussein Hussein will appear in court again on December 18th. -
ZachXBT: Suspected insiders made $3.8 million in profits on RTR
On August 10th, Chain Detective ZachXBT posted on social media that 4 addresses made a profit of $3.8 million in the RTR sell-off, with the 9G1ELG and GHoW2 addresses belonging to the same person and receiving 500 SOL in new funds within minutes after the TGE. Previously, it was reported that Restore The Republic (RTR) had its TGE on the evening of August 8th, with rumors circulating in the community that it was related to a new project by the Trump family. The RTR token reached a high of $0.156 on August 9th at midnight. Afterwards, Eric Trump, the current Executive Vice President of the Trump Organization and son of Donald Trump, warned on social media to "be careful of false tokens" and that the only official Trump project has yet to be announced and will be announced on Twitter first. After the statement was released, RTR quickly dropped by about 95%, with a trading volume of $164 million within just 15 hours of its creation. -
The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs
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