Category: Web3

Trader Loses $1M in 2 Hours on BARRON Coin—Classic FOMO Fail

TL;DR: A trader blew $1 million in just two hours chasing the hype around the BARRON memecoin, mistakenly linked to Barron Trump. Turns out, it was all a pump-and-dump scam, and the token’s value tanked.

Here’s the tea: The trader bought BARRON at its peak, hoping to cash in on the buzz. The coin shot up 90% in a minute but nosedived just as fast, wiping out its value. People assumed it was tied to the Trump family because of the name, but nope—zero connection. Lookonchain even posted the receipts on X, warning folks not to trade based on FOMO.

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This isn’t the first time Trump-related tokens caused chaos. Recently, Donald Trump himself dropped the $TRUMP token, which blew up, followed by the $MELANIA coin today. Both had traders scrambling, but here’s the kicker: $MELANIA’s launch tanked $TRUMP’s price as traders switched tokensThen $MELANIA dropped too, falling from $17 to $7 in hours.

Moral of the story? Not every meme coin is a golden ticket. Watch FOMO traps, or you may just end up with our $1M trader—holding a bag of nothing.

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‘Transaction Simulation Spoofing’: The New Crypto Scam You Need to Know

Crypto scams just keep getting sneakier. The latest scheme on the block? ‘Transaction simulation spoofing.’ Scammers are setting up fake websites that look just like legit platforms for transaction simulations, tricking users into handing over their crypto.

Transaction simulations, or ‘dry runs,’ let you preview a transaction’s outcome before confirming it—basically a safety net. But these scams hit where it hurts: they’re targeting people trying to be safe.

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Here’s the play: scammers build sketchy sites that promise transaction simulations with a little ETH reward for using their ‘claim’ function. While users wait for the transaction to go through, the scammers quickly alter the smart contract. Once signed, boom—their wallets get drained. One unlucky user lost 143.45 ETH (nearly $460,000). Ouch.

How do you dodge this? Don’t fall for random ‘free claim’ services and always double-check websites. Tools like ScamSniffer on Chrome are clutch for keeping your crypto secure.

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The crypto space lost $494M to scams last year—wild, right? But remember, crypto’s still a safe bet if you stick to trusted platforms (like Binance for new tokens) and stay smart. At the end of the day, vigilance is your best friend in this game. Stay sharp out there!

D.O.G.E. Activated on Trump’s First Day in Office

Trump launches D.O.G.E., led by Elon Musk, to fix government inefficiencies, modernize tech, and streamline bureaucracy by next year.

Government Just Got a Glow-Up: Meet D.O.G.E

On Day 1 in office, Trump signed an executive order launching the Department of Government Efficiency (D.O.G.E.), a bold new federal watchdog aiming to eliminate bureaucratic bloat and modernize government systems. Backed by the ultimate genius when it comes to techs, Elon Musk, D.O.G.E. is hyped as the ultimate solution to outdated systems and excessive spending, a cornerstone of Trump’s 2024 campaign.

The renamed United States D.O.G.E. Services (formerly US Digital Service) will run under the president’s executive office. With Musk and entrepreneur Vivek Ramaswamy backing the project, D.O.G.E. teams will pop up across all federal agencies. Each squad will include a leader, engineer, lawyer, and HR pro, working together to crush inefficiencies.

The D.O.G.E. agenda focuses on “software modernization” to upgrade government tech, improve networks, and ensure smooth data-sharing between agencies. Musk’s mission? Make the government work as fast as SpaceX.

Set to sunset on July 4, 2026, this temporary organization has 18 months to deliver big. Love it or hate it, D.O.G.E. is shaking things up, and everyone’s watching.

Elon Musk Takes the Lead: Is D.O.G.E. the Future of Bureaucracy?

Get ready for a leaner, meaner, tech-savvy government. D.O.G.E. is here to bark out inefficiencies!

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Solana Slips to $230 After ATH Surge, Still Up 40% This Week

Solana has continued to ride the crypto rollercoaster with pure class. Coming from an all-time high of $295 down to where it currently hangs loose at $230, on a downward spiral across markets, SOL is still up a whopping 40% from last week. Yeah, that’s what made the difference-keeping its spot as a top contender in the crypto game.

The hype kicked off with the launch of the $TRUMP meme coin—a mega-move on the Solana blockchain. This coin isn’t just any meme coin; it dropped with a jaw-dropping $10 billion market cap and has everyone talking. Alongside Solana legends like Raydium, Jupiter, and Bonk, $TRUMP is giving Solana major clout.

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Crypto Twitter went crazy when Trump’s 2024 presidential win boosted the coin’s buzz. He’s pushing to make the U.S. the “crypto capital,” and Bitcoin’s price is vibing with that energy too, doubling recently.

With the $MELANIA coin and other projects popping off, Solana is proving it can ride the biggest cultural waves. Some stans are even calling for SOL to hit $300 soon. Whether it’s meme coin chaos or FOMO, Solana is still making major moves. Stay tuned—it’s looking spicy out there.

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TL;DR: Solana’s down but definitely not out. Catch the vibes and watch the ride.

Rex Osprey Submits ETFs for $Trump, BTC, ETH, and XRP

Rex Osprey’s filing for crypto ETFs, including a surprise Trump token, stirs buzz despite recent token crashes.



Well, it looks like Rex Osprey just stirred the pot with a filing with the SEC to offer crypto ETFs. Plus it includes big guns like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Dogecoin (DOGE), Bonk (BONK), and a wild card-the Trump token. Yep, inspired by that Trump.

The Trump token is fresh on the scene, launching only five days ago, and it’s already been a rollercoaster. It blew up, hitting a $15 billion market cap and a crazy $75 billion valuation by Sunday. But things turned messy when another meme coin tied to Melania Trump dropped, splitting the hype and tanking both tokens. RIP to the traders who got caught in the crash.

The chaos doesn’t seem to deter Rex Osprey, though. They have filed the required paperwork with the SEC, trying to provide investors with cryptos without actually having to own them. Pretty bold, considering the Trump ETF caught everyone off guard.

Approval isn’t guaranteed, but this is a major play for the crypto world. If this flies, it could open doors for more creative financial products in the digital asset space. Stay tuned—this could get spicy!

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Crypto ‘Godfather’ and LA Deputy Plead Guilty to Major Crimes

A crypto mogul known as “The Godfather” and a Los Angeles deputy are about to face some serious time after they pleaded guilty to a bunch of federal charges, including conspiracy, wire fraud, and tax evasion.

Those taking part in the shadowy scheme included extortion, intimidation, and abuse of law enforcement powers for personal gain, putting 24-year-old Adam Iza and 41-year-old LASD deputy Eric Chase Saavedra behind bars. Iza was previously used to hanging out in fancy neighborhoods such as Bel Air and was arrested this September 2024 while Saavedra was pulling strings with his private security company.

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Iza hired off-duty deputies, paying them up to $100K/month to intimidate his rivals.He used his badge to steal confidential police data and even procured sham search warrants against individuals. The most distressing of these was the attempted armed robbery in January 2022 to steal a $100M crypto laptop.

Iza defrauded millions, too, using hacked Facebook ads to finance their operations, and evaded more than $6.7M of taxes in 2021. Saavedra failed to report $373K in income that very same year.

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Iza is facing up to 35 years; Saavedra’s looking at up to 13. Both are expected in court in the next several days.

Rumble Dives Into Bitcoin with $20M Crypto Plan

Rumble, the Tether-backed, Nasdaq-listed video-sharing app, just made its first-ever Bitcoin buy. CEO Chris Pavlovski dropped the news on Friday, January 17, confirming that the company officially kicked off its $20M Bitcoin investment strategy.

While Pavlovski didn’t spill the exact amount of Bitcoin they snagged, he made it clear this is just the beginning. The goal? Strengthen Rumble’s reserves with the OG crypto. Pavlovski called Bitcoin a boss move against inflation and pointed to its growing fanbase in the corporate world as a reason to stack sats.

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Rumble is now part of a bigger trend, joining companies like MicroStrategy and Marathon Digital in using Bitcoin to beef up their treasuries. For investors, it’s giving “Bitcoin ETF vibes” but with added spice.

With 67 million active monthly users, Rumble is carving out its own space as a YouTube alternative, thanks to its chill content moderation rules. And last December, Tether dropped a massive $775M investment into the platform, fueling its glow-up.

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Oh, and Rumble’s crypto flex doesn’t stop here. It also teamed up with El Salvador on cloud services, doubling down on its blockchain bromance.

This move? Peak “we’re in our Bitcoin era” energy.

Saif Ali Khan Inspires Memecoins After Mumbai Incident

In a wild turn of events, Bollywood star Saif Ali Khan is now the face of not one, but three memecoins, created just 72 hours after a recent attack on the actor in Mumbai. Yep, you read that right—crypto bros wasted no time turning this into a digital trend.

These coins popped up on pump.fun, a platform where anyone can make a token about literally anything. The first one, Justice for Saif Ali Khan (Khan), has a market cap of $7.4K and has sparked 28 posts from users rallying behind the actor.

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The second coin, Saif Ali Khan Al Robot (SaifKhanAI), also sits at $7.4K, combining his name with a nod to AI tech—because why not? Lastly, there’s another Justice for Saif Ali Khan (Saif) coin with the same $7.4K market cap but way less hype so far.

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While these coins probably won’t hit Dogecoin or Shiba Inu status, they’re proof that crypto culture moves at the speed of memes. From Bollywood dramas to politics, like Trump’s recent TRUMP coin, anything can be turned into a digital asset. For now, Saif’s memecoins are a quirky mix of fan support and Gen Z humor in the ever-random world of crypto.

George Hotz Warns: No Crypto Asset is Truly Secure

Hacker George Hotz joked that OpenAI’s o3 model could break crypto security, sparking debates about AI hype and cryptography.

Legendary hacker George Hotz, known for hacking iPhones and PlayStations, caused a stir with his latest claim: “None of your crypto assets are safe.” This spicy statement came after OpenAI dropped its new o3 model, rumored to have cracked a way to factor big numbers in polynomial time—basically a kryptonite for cryptography.

Hotz pointed to an Axios article suggesting computer science majors are sweating bullets over being replaced by this genius AI model, which can outcode most developers already. If true, this AI breakthrough could mess with the backbone of crypto security. But don’t freak out just yet—experts say without quantum computing on a massive scale, crypto’s safe. For now.

Crypto bigwigs like Blockstream CEO Adam Back dismissed Hotz’s warning as “highly arguable,” noting the Axios article doesn’t even mention such an algorithm. Back thinks this is likely just a misunderstood meme.

Hotz later admitted it was all a joke aimed at exposing how easily people fall for AI hype. His advice? “If you bought this, maybe rethink what other AI buzz you’re buying into.”

TL;DR: Hotz trolled everyone, AI isn’t killing crypto (yet), and it’s a reminder to chill with the hype.

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Dan Tapiero Predicts Crypto Market Will Reach $10 Trillion by 2025

Macro investor Dan Tapiero has predicted explosive growth in the cryptocurrency market, projecting it to rise from $3.6 trillion to $10 trillion by 2025.

Tapiero believes Bitcoin will contribute $5 trillion to this growth, with other cryptocurrencies adding $2–$3 trillion. He also sees crypto-related businesses generating an additional $2–$3 trillion.

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He thinks this surge was driven by the pro-business climate promoted through the United States government under President-elect Donald Trump. This, he said, “considers capitalism and efficiency as paramount concerns,” hence bringing the spotlight and confidence to the digital assets.

Another unexpected turn: Elon Musk will head the new Department of Government Efficiency, DOGE. This appointment will amazingly lift productivity and, by consequence, corporate profits and overall US economy, he says. Among other benefits: lower interest rates, strong dollar, and decreased federal deficits.

According to Tapiero, supportive policies of influential leaders such as Musk are important to guarantee the process of innovation and long-term growth in this field.

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He also said that if the business conditions are right and with an inflow of new ideas, under proper conditions, the crypto market will reach unimaginable heights, with a position as one of the bedrocks of global economics.

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