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Bitcoin ETFs end 10-day inflow run as Trump tariff drama sparks investor jitters
NFT Gaming

Bitcoin ETFs end 10-day inflow run as Trump tariff drama sparks investor jitters

by admin May 30, 2025



U.S. spot Bitcoin ETFs hit a rough patch on May 29, snapping their impressive 10-day inflow streak as investors took a step back amid fresh uncertainty around Donald Trump’s trade policy following conflicting court decisions.

According to data from SoSoValue, a total of $358.65 million flowed out of the 12 U.S.-listed spot Bitcoin ETFs on the day, marking the first net outflow since mid-May. This reversal comes after a strong run that saw more than $4.2 billion enter these funds in just 10 days.

Leading the outflows was Fidelity’s FBTC, which saw $166.32 million in investor redemptions. It was followed by Grayscale’s GBTC, with $107.53 million withdrawn, while ARK 21Shares’ ARKB and Bitwise’s BITB lost $89.22 million and $70.85 million, respectively.

Other funds such as Invesco’s BTCO, VanEck’s HODL, Valkyrie’s BRRR, and Franklin Templeton’s EZBC also experienced smaller outflows, totaling a combined $49.83 million.

Still, it wasn’t entirely bearish across the board. BlackRock’s IBIT once again stood out, recording $125.09 million in inflows, a sign that some investors still view the pullback as a buying opportunity.

Despite the sharp one-day outflow, May has still been a bullish month for Bitcoin ETFs, with net inflows reaching around $5.85 billion, nearly twice the amount seen in April. By comparison, February and March saw net outflows of $3.56 billion and $767.91 million, respectively, underscoring just how strong investor appetite has been lately.

Interestingly, while Bitcoin ETFs have attracted nearly $9 billion over the last five weeks, traditional gold-backed ETFs have shed more than $2.8 billion in outflows. This trend hints at a growing shift in investor preference, as more people start viewing Bitcoin as a legitimate store of value and hedge against inflation, roles traditionally filled by gold.

As for what triggered this sudden shift, many point to the ongoing tariff saga involving former President Trump. A federal appeals court reinstated Trump’s tariffs on the European Union just hours after a lower trade court ruled them unlawful. Now, the administration is expected to ask the Supreme Court to put that ruling on hold, potentially as early as Friday.

The back-and-forth in court has stirred up a wave of uncertainty around U.S. trade policy. Trump’s “reciprocal tariff” approach, which targets nations that impose higher tariffs on U.S. goods, has been a key point of tension with allies and trading partners. Investors are now worried that a return to aggressive tariff policies could drive up costs and reaccelerate inflation.

Markets react

In response, Bitcoin’s (BTC) price dipped, touching a session low of $105,332 on May 30 before recovering slightly to just above $106,000. That’s a 1.7% decline in 24 hours, although the top cryptocurrency still sits within 5% of its all-time high of $111,891, hit earlier this month.

Crypto-related stocks had a mixed day. Coinbase (COIN) slid 2.14%, while MicroStrategy (MSTR) managed a 1.7% gain. Bitcoin miners also took a hit with Bitfarms (BITF), Bit Digital (BTBT), CleanSpark (CLSK), and Greenidge (GREE) all dropping by around 3-5%.

Meanwhile, traditional U.S. equities also gave back most of the gains they saw after the initial court ruling blocking Trump’s tariffs. With legal uncertainty still looming, markets across the board seem to be shifting into wait-and-watch mode.

“The recent activity appears more indicative of a correction rather than a bearish reversal,” Ruslan Lienkha, chief of markets at YouHodler, told crypto.news, adding that Bitcoin will likely continue tracking major U.S. tech indices in the medium term due to their shared sensitivity to macroeconomic factors like interest rates and liquidity.

However, he added that “this correlation may gradually weaken over time” as Bitcoin continues to evolve into a more mature asset class with its own unique market drivers

“Given these dynamics, it is likely that BTC will continue to trade within this range for some time, potentially building a solid foundation for the next leg higher toward a new all-time high.”



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May 30, 2025 0 comments
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Top House Democrat opens probe into Trump's memecoin investor dinner
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Top House Democrat opens probe into Trump’s memecoin investor dinner

by admin May 29, 2025



A top House Democrat has launched an inquiry into Trump’s lucrative meme coin venture, questioning whether foreign money flowed into the president’s pockets.

U.S. President Donald Trump is once again at the center of controversy as a top House Democrat demands answers about a private dinner he hosted for major investors in his Official Trump (TRUMP) memecoin, raising fresh questions about ethics and potential foreign influence.

Rep. Jamie Raskin, the ranking Democrat on the House Judiciary Committee, sent a letter Wednesday night pressing Trump to reveal who attended last week’s exclusive event, The Washington Post has learned. Raskin reportedly also wants details on how the funds were vetted, citing fears that foreign governments or illicit actors could be behind some purchases.

“Publication of this list will also let the American people know who is putting tens of millions of dollars into our President’s pocket so we can start to figure out what — beyond virtually worthless memecoins — they are getting in exchange for all this money.”

Jamie Raskin

The dinner, held at Trump’s Virginia golf club, rewarded the memecoin‘s top 220 holders, a perk that ethics experts say blurs the line between his business and political roles. Unlike campaign fundraisers, the profits went straight to Trump-linked companies, not political groups, blockchain forensic firms reported earlier.

Honored to support @POTUS and grateful for the invitation from @GetTrumpMemes to attend President Trump’s Gala Dinner as his TOP fan!

As the top holder of $TRUMP, I’m excited to connect with everyone, talk crypto, and discuss the future of our industry. 🇺🇸 https://t.co/FYb39LTwDz

— H.E. Justin Sun 🍌 (@justinsuntron) May 20, 2025

One notable attendee was Justin Sun, founder of blockchain ecosystem TRON, who bragged on X about being the memecoin’s biggest buyer. Sun has a history of legal trouble as the U.S. Securities and Exchange Commission accused him of market manipulation in 2023, though the case stalled after Trump took office. The White House insists there’s no conflict.





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May 29, 2025 0 comments
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William Duplessie
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Another Crypto Investor Arrested in Connection to Bizarre Chainsaw Torture Episode

by admin May 28, 2025


Yet another white-collar crypto investor has been arrested in connection to a bizarre and violent criminal case involving an Italian crypto millionaire.

Last week, Michael Valentino Teofrasto Carturan, 28, reportedly broke loose from a ritzy apartment in Manhattan’s Nolita neighborhood and alerted a traffic agent to his imprisonment and torture at the home over a period of roughly two weeks. The ordeal he later described to cops sounded like something out of a horror movie: Carturan claimed to have been entrapped in the 17-room townhouse, where he was tied up with electrical tape, pistol whipped, shocked with a taser while his feet were placed in water, and even threatened with a chainsaw. He also claims his captors dangled him off the roof of the building. Police sources say that Carturan’s account is largely backed up by Polaroids that were taken of the crimes and left at the scene. The apparent motive for putting Carturan through all of this was to get the key to his crypto account, which was worth millions of dollars, according to a criminal complaint.

This week, 33-year-old William Duplessie, of Florida, turned himself in to police for his alleged role in that violent episode, the New York Times reported. He has been described as a crypto investor. Duplessie’s arrest follows the arrest of 37-year-old John Woeltz, who was taken into custody last week for his alleged role in the alleged kidnapping and torture of Carturan. Woeltz, described as a crypto investor from Kentucky, was reportedly renting the $30k-a-month apartment where Carturan’s grisly ordeal is alleged to have taken place.

A 24-year-old woman named Beatrice Folchi was also arrested last week and was similarly charged with kidnapping and unlawful imprisonment. However, Folchi was released after the Manhattan DA’s Office declined to prosecute her pending further investigation, the New York Post reported. Folchi was later seen out on the streets of New York and denied to reporters that she had been arrested. It’s unclear what her exact connection to Woeltz and Duplessie is. She has alternately been described as an “actress,” a marketing specialist, and Woeltz’s assistant.

New York Police Commissioner Jessica S. Tisch subsequently said that Duplessie would be “charged, with Mr. Woeltz, with kidnapping and false imprisonment of an associate.”

A swell of violent crime has swept the crypto community over the past year. Kidnappings, assaults, and murders have targeted high-profile HODLers, as organized (and not so organized) criminal groups have smelled opportunity in the offline holdings of crypto investors.



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May 28, 2025 0 comments
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GameFi Guides

Third Arrest Made in High-Profile Kidnapping of Bitcoin Investor in New York

by admin May 28, 2025



In brief

  • William Duplessie surrendered to the NYPD on Tuesday, bringing to a close a months-long search by the NYPD.
  • Duplessie faces charges of first-degree kidnapping, second-degree assault, unlawful imprisonment, and weapons possession.
  • He is accused of abducting a 28-year-old Italian businessman for access to his Bitcoin seed phrase.

A third person was arrested in New York on Tuesday as part of a weeks-long manhunt to apprehend those responsible for the violent kidnapping plot of a Bitcoin investor.

William Duplessie, alongside John Woeltz, has been charged with allegedly abducting an unnamed 28-year-old Italian businessman, holding him captive in an upscale Manhattan apartment for two weeks.

The pair allegedly tortured the businessman by electric shocks, physical beatings, and threats with a firearm, in an attempt to obtain access to the victim’s Bitcoin holdings.

“Duplessie is charged with assault second-degree, kidnapping first-degree, unlawful imprisonment first-degree, and criminal possession of a firearm,” an NYPD spokesperson told Decrypt.

Beatrice Folchi, who police noted worked as Woeltz’s assistant, was also arrested on Friday and charged with first-degree kidnapping and unlawful imprisonment, but was released after the Manhattan District Attorney declined to prosecute pending further investigation.

Authorities have not said whether Duplessie has legal representation or if the kidnapping is linked to a broader criminal network.

The New York Bitcoin kidnapping case is part of a growing trend of crypto-related violent crimes, as criminals increasingly target digital asset holders for abduction, extortion, and assault.

On Tuesday, French police arrested 12 suspects in connection with two crypto-related kidnappings in Paris earlier this month, including the father of a crypto entrepreneur.

In January, hardware wallet Ledger co-founder David Balland was abducted along with his wife. According to sources at the time, the kidnappers cut off one of Balland’s fingers as proof of the kidnapping.

On Saturday, John Woeltz, 33, was arrested in New York after the alleged kidnapping victim escaped from a luxury townhouse in Manhattan where he was held captive for several weeks. At the time, prosecutors said Woeltz claimed another male had participated in the kidnapping.

After his arrest, Woeltz was charged with kidnapping, assault, unlawful imprisonment, and weapons possession, and was ordered to be held without bail.

If convicted on all charges in New York, Duplessie and Woeltz could face a minimum of 15 years to life in federal prison.

Edited by Sebastian Sinclair

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May 28, 2025 0 comments
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NFT Gaming

Coinbase Faces Investor Lawsuit Over Alleged Damages From Data Breach

by admin May 27, 2025



In brief

  • Coinbase is fielding a lawsuit from an investor that claims to have suffered “significant losses and damages” due to the company’s alleged “misleading” statements.
  • The investor took issue with Coinbase’s revelation in mid-May that it had suffered a data breach, several months after the leak of the company’s user data began.
  • Coinbase stock is up 7% since it revealed that “less than 1%” of its customers’ data had been stolen on May 15.

Coinbase is facing a lawsuit over allegations it violated securities laws and issued “misleading” statements to its shareholders, roughly a week after the crypto exchange drew criticism for revealing it had suffered a large data breach.

In a legal complaint filed on May 22 in the U.S. District Court for the Eastern District of Pennsylvania, Coinbase investor Brady Nessler alleges he suffered “significant [financial] losses and damages” due to the public company’s “wrongful acts and omissions.” Coinbase failed to promptly disclose that its customers’ data had been leaked, beginning in December 2024— a revelation that finally came to light on May 15 and caused the company’s stock to immediately drop 7% and close at $244 later that same day, according to the lawsuit. 

The lawsuit also alleges Coinbase similarly declined to disclose information related to its dealings with U.K. regulators in 2020, roughly a year before the trading platform went public in the U.S. 

“As a result of Defendants’ wrongful acts and omissions, and the precipitous decline in the market value of the Company’s common shares, Plaintiff and other Class members have suffered significant losses and damages,” Nessler’s lawyers said in the filing.



Coinbase did not immediately respond to Decrypt’s request for comment, which was sent on a U.S. public holiday. Nessler’s attorney likewise did not respond to a request for comment.

In the U.S., anyone can file a lawsuit, and it is relatively easy and inexpensive to do so. 

“While almost anyone can try to sue for many reasons, there are important rules and limits,” Andrew Rossow, a reputation management attorney and founder of legal firm Rossow Law, told Decrypt. “For example, courts can quickly dismiss cases that have no legal basis, even if everything the person says is true.” 

Rossow added that individuals who bring lawsuits against others must “show that [they] are directly affected by the problem and have suffered a real injury” in order for their cases to be heard in court.

The allegations come as Coinbase stock continues to recover following the trading platform’s revelation almost two weeks ago that its customers’ data had been compromised. The company’s shares are trading at $263 as of writing time, up 7% since Coinbase first publicized its data leak.

Coinbase reported the data breach in a May 15 blog post, noting that “less than 1%” of its users’ names, addresses, masked bank details, identity documents and other sensitive information had been leaked. The exchange revealed it had received a demand for $20 million in exchange for the stolen data, prompting it to publicize the leak and offer a bounty for information leading to the arrest of those behind it. 

Although Coinbase shares experienced a near-double-digit drop following the publication of the blog post, the stock’s price quickly recovered. The negative impact of the data breach on Coinbase stock was largely buffeted by the firm’s announcement earlier that week that it had joined the S&P 500—a major milestone for publicly traded companies in the U.S. 

Nessler’s lawyers did not specify the amount of damages their client is seeking. The complaint calls for a trial by jury.

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May 27, 2025 0 comments
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Crypto
NFT Gaming

Crypto Investor Loses $2.5M by Copying Same Scam Address Twice

by admin May 27, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A crypto user has just lost more than $2.5 million in a simple copy-and-paste mistake. They tried to move 843,166 USDT to a safe wallet. Instead, they sent a chunk of it to the wrong address.

Then they did it again—this time sending $1.7 million to the same scammer. It’s a costly reminder that even small slips can erase fortunes.

Copy-Paste Blunder Leads To Million-Dollar Loss

According to on-chain records, the victim first moved $838,611 in USDT to the right address (0x4668D1Fe87444a4d750…). A moment later, they clicked the wrong entry in their transaction history.

That misstep cost them 843,166 USDT at current prices. They tried once more. And again the funds went to the scammer’s account—and another $1.7 million vanished.

Phishing scams remain a big problem. Image: Perkins School For The Blind

History Poisoning Trick Catches Many Off Guard

Based on reports from Scam Sniffer, scammers are using “transaction history poisoning” to pull off these cons. They send tiny “dust” transfers from look-alike addresses—just enough to clutter a wallet’s history.

🚨 Transaction History Poisoning:

1. Scammer sends fake/dust transfer with similar address
2. Their fake address appears in your history
3. You copy address from history thinking it’s legitimate
4. Funds get sent to scammer insteadhttps://t.co/S2lM8J8XWm

— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) May 26, 2025

When users scroll back through past transactions, they can’t tell the real address from the bogus one. Copy. Paste. Gone. In this case, the attack address (0x4668EE748c88DA4FEc…) looked almost identical to the real one. And it showed zero balance, adding to the confusion.

Phishing Scams Remain High

April’s phishing losses hit $5.29 million. That’s down 17% from March. But the number of victims climbed 26%, from 5,992 to 7,565 addresses. A single “whale” lost $1.43 million to a phishing signature. Back in March, the biggest haul was $1.82 million.

🚨 ScamSniffer April 2025 Phishing Report

April losses: $5.29M | 7,565 victims
VS March: -17% in losses | +26% in victims

Key insight: Notable spike in victim count despite lower total losses. Largest attack netted $1.43M via phishing, followed by $700K from address poisoning… pic.twitter.com/mJbGgGyGrN

— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) May 3, 2025

Total crypto market cap currently at $3.4 trillion. Chart: TradingView

April’s second-largest attack saw one user lose $700,000 after copying the wrong address. Another person sent $150,000 by mistake. And wallet 0xEFc4f1d5 alone lost over $467,000 in a similar copy-paste trap.

New Threats From EIP-7702 Upgrade

On May 24, the phishing gang Inferno Drainer used Ethereum’s new EIP-7702 rules to steal almost $150,000 in one hit. EIP-7702 lets regular accounts act like smart contracts for a moment.

The scammers guided victims to approve a batch of hidden token transfers through a delegated MetaMask setup. One click opened the door for a silent “execute” command that drained the wallets in seconds.

Greed Breeds Risk

Crypto markets are near $3.5 trillion in total value. Bitcoin hit a fresh all-time high of $111,900 on May 22. Traders are chasing big gains. That rush makes urgent moves, and urgent moves invite mistakes.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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May 27, 2025 0 comments
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Bitcoin
Crypto Trends

From Riches To Chains: Crypto King Arrested For Torturing Bitcoin Investor In Horror Scheme

by admin May 26, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

John Woeltz’s story has taken a dramatic turn following reports of kidnapping and assault. Woeltz, also known as the ‘Crypto King of Kentucky,’ has been arrested for torturing a Bitcoin investor in an attempt to steal their coins and now faces up to 25 years in prison. 

Crypto King Tortures Bitcoin Investor For Private Keys 

According to the Hindustan Times, John Woeltz, believed to be worth around $100 million, kidnapped and tortured an Italian man for his Bitcoin password in New York. Woeltz, who is a crypto investor from Kentucky, allegedly used a chainsaw on the victim as part of an attempt to obtain the password. However, he was unsuccessful with the victim eventually escaping. 

The victim broke out of the New York apartment and reported to the cops that he had been held captive for over two weeks. John Woeltz reportedly kidnapped the victim on May 6 after he arrived in New York from Italy, after both had agreed to meet. The Crypto King then snatched the victim’s passport and held him captive. 

Woeltz tortured the Bitcoin investor and even documented it with Polaroids in the following days. The report revealed that there were photos of the victim, who is also a crypto trader, tied up with an electrical wire, while another photo showed him tied to a chair and a gun pointed at his head. The Crypto King of Kentucky went as far as threatening to kill the victim’s family in Italy to force him to give up his Bitcoin password. 

Meanwhile, in another act of desperation, John Woeltz took the Bitcoin investor to the top flight of stairs of the apartment and hung him over the ledge, threatening to kill him if he didn’t give up the BTC password. The suspect had also cut the victim’s legs and arm with a chainsaw, while there are pictures that showed he was even forced to take cocaine. 

The victim managed to escape after telling the Crypto King that he was ready to give up the password by plugging it into his laptop. Once the suspect turned to get the computer, the victim ran to the street. 

Woeltz Crypto Background And What’s Next For The Crypto King

John Woeltz is known for his wealth of experience in the crypto industry, specifically blockchain security. He once attended a crypto conference, where he discussed Grin’s security audit and the hurdles involved. The Crypto King also revealed that the scope of the audit was limited to the crypto library. 

Now, the Crypto King’s story has turned from a fairytale to a nightmare, with Woeltz being charged with two counts of second-degree assault, first-degree kidnapping, first-degree unlawful imprisonment, and criminal possession of a weapon. The court has denied him bail, with the prosecutors arguing that he is a flight risk. He faces 15 to 25 years if found guilty.

BTC trading at $110,004 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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May 26, 2025 0 comments
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Crypto investor loses $2.5M in stablecoins in double phishing scam
Crypto Trends

Crypto investor loses $2.5M in stablecoins in double phishing scam

by admin May 26, 2025



A single victim has been scammed two times within three hours, losing a total of $2.5 million in stablecoins.

According to data shared on May 26 by crypto compliance firm Cyvers, the victim sent 843,000 worth of USDt (USDT) followed by another 2.6 million USDt around three hours later. Cyvers said the scam used a method known as a zero-value transfer, a sophisticated form of onchain phishing.

Source: Cyvers Alert

Zero-value transfers are an onchain phishing technique that abuses token transfer functions to trick users into sending real funds to attackers. The attackers exploit the token transferFrom function to transfer zero tokens from the victim’s wallet to a spoofed address.

Since the amount transferred is zero, no signature by the victim’s private key is necessary for onchain inclusion. Consequently, the victims will see the outgoing transaction in their history.

The victim may trust this address since it is included in their transaction history, mistaking it as a known or safe recipient. They may then send real funds to the attacker’s address in a future transaction.

In one high-profile case, a scammer using zero transfer phishing attack managed to steal $20 million worth of USDT before getting blacklisted by the stablecoin’s issuer in the summer of 2023.

Related: Hackers using fake Ledger Live app to steal seed phrases and drain crypto

Advanced form of address poisoning

A Zero-value transfer is considered an evolution of address poisoning — a tactic where attackers send small amounts of cryptocurrency from a wallet address that closely resembles a victim’s real address, often with the same starting and ending characters. The goal is to trick the user into accidentally copying and reusing the attacker’s address in future transactions, resulting in lost funds.

The technique exploits how users often rely on partial address matching or clipboard history when sending crypto. Custom addresses with similar starting and ending characters can also be combined with zero-value transfers.

Related: Industry exec sounds alarm on Ledger phishing letter delivered by USPS

Threat growing across blockchains

A January 2025 study found that over 270 million poisoning attempts occurred on BNB Chain and Ethereum between July 1, 2022, and June 30, 2024. Of those, 6,000 attempts were successful, leading to losses over $83 million.

The report follows crypto cybersecurity firm Trugard and onchain trust protocol Webacy announcing an artificial intelligence-based system for detecting crypto wallet address poisoning. The new tool purportedly has a success score of 97%, tested across known attack cases.

Magazine: Crypto scam hub expose stunt goes viral, Kakao detects 70K scam apps: Asia Express



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May 26, 2025 0 comments
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Crypto Investor Charged With Kidnapping, Torturing Man in NYC Over Bitcoin Password

by admin May 26, 2025



In brief

  • A crypto investor was arrested in NYC for kidnapping and torturing a man for access to his Bitcoin wallet.
  • The victim escaped after weeks of captivity in an upscale Manhattan apartment.
  • It comes amid a growing trend in violent ‘wrench attacks’ worldwide.

A crypto investor has been arrested and charged with kidnapping and torturing another man in a violent bid to obtain access to his Bitcoin wallet, prosecutors said Saturday, according to a Saturday report by the Associated Press.

John Woeltz, 37, was taken into custody Friday night after his alleged victim escaped a luxury Manhattan townhouse where he had been held captive for weeks. According to prosecutors, the man was bound, beaten, drugged, and electrocuted as part of a prolonged attempt to force him to give up his password.

The victim, a 28-year-old Italian national, arrived in New York in early May and was abducted on May 6. He eventually managed to escape on Friday after pretending to retrieve his password from another room. 

Woeltz was arraigned Saturday on charges of kidnapping, assault, unlawful imprisonment, and weapons possession, and was ordered to be held without bail.

Prosecutors said Woeltz was not acting alone, citing an “unapprehended male” co-conspirator. A search of the property revealed cocaine, a saw, chicken wire, night vision goggles and Polaroids of the victim with a gun to his head. 

Increasing threats to crypto participants

As digital assets grow in value and profile, criminals are increasingly turning to violence to bypass encryption and obtain access to people’s wallets through brute force. 

The incident highlights a disturbing trend in so-called “wrench attacks,” physical assaults designed to forcibly extract cryptocurrency credentials from victims. 

Security experts have noted an uptick in such incidents in 2025. Jameson Lopp, CTO of security firm Casa, has tracked at least 26 physical crypto-related attacks this year alone, ranging from kidnappings to home invasions.

Among them, the daughter of a French crypto executive was targeted alongside her child in an attempted abduction last week.

Also, earlier this month, an American tourist was drugged by a fake Uber driver who emptied $123,000 from his crypto wallets. 

In January, Ledger co-founder David Balland had his finger severed during a ransom attempt. Several other attacks in France also featured the victim losing a finger.

Edited by Sebastian Sinclair

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May 26, 2025 0 comments
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Binance Founder Shares 3 Key Questions Every Crypto Investor Should Ask
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Binance Founder Shares 3 Key Questions Every Crypto Investor Should Ask

by admin May 20, 2025


Founder of Binance Changpeng Zhao – better known in the crypto world as CZ – recently offered a simple framework for thinking about risk, an especially important topic in crypto.

The basis of his approach is three straightforward questions: first, what is the worst-case scenario? Would you be able to maintain your lifestyle and cover the basics if the asset you are investing in drops to zero? 

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Next, how many attempts can you realistically afford if things do not go as planned? Finally, do you understand what you are getting into? If not, CZ says it is a better idea to learn first before taking a chance with your money.

Learn to manage risk:
1. ask: what is the worst case scenario? if it goes to 0, can you survive? keep your life style?
2. how many times can you afford to try?
3. do you know/understand what you are doing? if not, read/learn. https://t.co/brV7Icbd6a

— CZ 🔶 BNB (@cz_binance) May 20, 2025

CZ’s message emerged amid the crypto markets’ newfound optimism, thanks to the influx of traditionally conservative institutions, as well as the launch of U.S.-approved Bitcoin ETFs, both of which are opening new access points for investors. 

Despite no longer being CEO of Binance, Zhao continues to play a key role in the industry. Since stepping down as chief executive officer, his focus has shifted toward mentoring startup founders, investing in decentralized technologies and helping build educational resources for the industry.

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A few months ago, he predicted that Bitcoin might hit between $500,000 and $1 million during the present market cycle, though he has not offered a specific timeline.

Beyond Bitcoin, CZ acknowledged that many speculative assets, especially meme coins, seem unlikely to hold long-term value. On the other hand, there is potential in areas such as artificial intelligence, decentralized finance and real-world asset tokenization.





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May 20, 2025 0 comments
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