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Dr Martin Hiesboeck
Head of Research @upholdinc • Opinions my own.
Dr Martin Hiesboeck kirjasi uudelleen
We are living in a transformative era of financial innovation and inclusion, powered by blockchain, built for the people, and accessible to anyone with a phone or Wi-Fi.
Around the world, banks, brokerages, and institutions are shifting from traditional models to blockchain-based infrastructure.
It’s clear... the time to innovate was yesterday!
🔔 Full video coming soon on @CBSNews.
🔔 Stay updated - follow @UpholdInc.
2,71K
Dr Martin Hiesboeck kirjasi uudelleen
We are living in a transformative era of financial innovation and inclusion, powered by blockchain, built for the people, and accessible to anyone with a phone or Wi-Fi.
Around the world, banks, brokerages, and institutions are shifting from traditional models to blockchain-based infrastructure.
It’s clear... the time to innovate was yesterday!
🔔 Full video coming soon on @CBSNews.
🔔 Stay updated - follow @UpholdInc.
2,71K
Within the rapidly growing Avalanche ecosystem, a persistent challenge for new Layer-1 (L1) chains is bootstrapping economic security. A new middleware protocol named Suzaku has emerged with a model designed to address this issue, presenting an interesting case study in ecosystem development.
Drawing from analysis by Messari, Suzaku's core innovation is a dual-staking model. This framework allows new L1s to secure their networks not only with their own native token but also by incorporating established, blue-chip assets like AVAX or stablecoins. The objective is to mitigate the high risks associated with the price volatility of a new token, thereby providing a more stable and secure foundation for emerging chains.
Notably, Suzaku has demonstrated significant market interest even before its main protocol is live. The project’s preliminary restaking module has already attracted $7.0 million in Total Value Locked (TVL). This early traction occurs as major projects, such as MapleStory's $100 million L1 initiative, validate the demand for robust infrastructure on Avalanche, highlighting a clear market for Suzaku's services.
The platform's native token, SUZA, is planned for a Token Generation Event (TGE) in August 2025. The token is designed to serve as both a governance and utility asset, facilitating a revenue-sharing mechanism and providing holders with broad exposure to the ecosystem of L1s that integrate with Suzaku.

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Simply amazing technology.

Michael Sutton6.5.2025
And a bold prediction moments before
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ARKHAM UNCOVERS THE LARGEST HEIST IN CRYPTO HISTORY: $3.5B STOLEN FROM LUBIAN
A recent investigation by @arkham Intelligence has brought to light what appears to be the single largest cryptocurrency heist ever recorded. In December 2020, a staggering 127,426 BTC was stolen from LuBian, a prominent Chinese mining pool. At the time of the theft, the assets were valued at a colossal $3.5 billion. Today, that same amount of Bitcoin is worth approximately $14.5 billion, making the LuBian hacker the 13th largest BTC holder on Arkham's platform.
This massive theft adds to the already alarming statistics of crypto losses due to security breaches. While the LuBian hack is a standout event, it is part of a larger trend of security vulnerabilities being exploited across the crypto space.
⏰ 2020: The year of the LuBian hack saw an estimated total of over $4.5 billion in crypto stolen.
⏰ 2021: Over $10 billion in crypto was stolen.
⏰ 2022: Over $3.5 billion in crypto was stolen.
⏰ 2023: Over $1.7 billion in crypto was stolen.
⏰ 2024: Over $2.2 billion in crypto was stolen.
The cumulative total of crypto stolen from 2020 to 2024 is a staggering sum of over $21.9 billion. We don’t have reliable numbers for the time before but you can safely double that number. 2025 is turning out to be bumper year for hackers again.
LuBian, which once controlled nearly 6% of the Bitcoin network's hash-rate, seems to have been a victim of its own security flaws. Analysis suggests the mining pool may have used a private key generation algorithm susceptible to brute-force attacks. The hackers successfully exploited this vulnerability, gaining access to the funds. In a desperate attempt to recover the assets, LuBian sent OP_RETURN messages to the hacker's addresses, pleading for the return of the funds. While LuBian managed to preserve 11,886 BTC (currently valued at $1.35 billion), the majority of the stolen funds remain in the hands of the hacker, who consolidated the assets in July 2024.
The incident highlights two aspects in particular: weakness in older chains and intermediary centralization.
The security of even the most established blockchains (read: older) like Bitcoin and Ethereum is still a huge problem that needs to be solved.
The irreversibility of transactions is both a blessing and a curse. The code used in older blockchains is already outdated; the advent of artificial intelligence coded chains threatens their security even more. And then there quantum computing on the horizon. To date we still don’t have a single really quantum-resistant chain or protocol, only budding ideas.
As the value of these assets continues to grow, so does the incentive for hackers to find and exploit vulnerabilities.
The LuBian heist serves as a stark reminder that even with the most advanced technology, a single security flaw can lead to catastrophic losses. The crypto community must prioritize robust security measures, and ongoing innovation is required to make these networks truly secure for everyone.

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Recent economic reports have presented a challenge to the Trump administration's claims of a strong economy with controlled inflation. On Friday markets including crypto fell over 3%. Despite the administration's criticism of Federal Reserve Chair Jerome Powell and its defense of tariffs, new data points to a definite slowdown. The job numbers may be a harbinger of something much worse: massive job losses due to artificial intelligence.
The Bureau of Economic Analysis reported that a key measure of inflation—personal consumption expenditures, excluding food and energy—has risen for three consecutive months, now at an annual rate above 3%. This is higher than the Federal Reserve's 2% target.
Additionally, the Bureau of Labor Statistics reported that job growth has been weaker than previously believed.
These developments have intensified the debate surrounding tariffs. While tariffs are designed to raise prices on specific imports to boost domestic production, their broader economic impact is complex. Economists note that tariffs can potentially contribute to higher overall prices by influencing inflation expectations or by reducing the economy's productive capacity, a condition known as "stagflation" (fewer goods at higher prices).
The administration has largely dismissed these concerns, arguing that predictions of tariff-induced inflation are incorrect. However, the recent data on rising prices and slower economic growth challenges this position. Critics of the tariffs argue that their long-term costs, such as reduced productivity, outweigh any short-term benefits.
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Dr Martin Hiesboeck kirjasi uudelleen
BREAKING: MIT just completed the first brain scan study of ChatGPT users & the results are terrifying.
Turns out, AI isn't making us more productive. It's making us cognitively bankrupt.
Here's what 4 months of data revealed:
(hint: we've been measuring productivity all wrong)

8,05M
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