💰 Ethereum Investor Emerges After 8 years with a whopping 8,000 ETH

Yo, Gm. It’s never a dull day in the Crypto world, especially when you are with us. So, what has been going on? Let’s have a look.

🔥 What's hot today 🔥

💰 Ethereum Investor Emerges After 8 years with a whopping 8,000 ETH

💔 Popular Exchange Hotbit Ceases Operation, Users Urged to Withdraw Funds

🏞️ Leading metaverse properties suffer huge losses

🚨 Degen Ben.eth Prepares for Another Rug Pull

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💰 Ethereum Investor Emerges After 8 years with a whopping 8,000 ETH

In a surprising twist, an 8-year dormant participant of Ethereum's Initial Coin Offering (ICO) reawakened, transferring a whopping 8,000 ETH ($14.7M) to a new address! Did they simply forget about their holdings, or is this a strategic move to diversify? Well, no one knows.

💔 Popular Exchange Hotbit Ceases Operation, Users Urged to Withdraw Funds

Hotbit exchange rings the closing bell, urging users to withdraw funds before June 21 ⏳. A cocktail of challenges, including cyberattacks, regulatory probes, and declining cash flow have led to this unexpected finale. Meanwhile, several members of the community reported that they were unable to withdraw their funds from the exchange.

🏞️ Leading metaverse properties suffer huge losses

A CoinGecko study reveals a shockwave in the metaverse with prominent virtual properties including Otherdeeds, The Sandbox, Decentraland, Somnium, and Voxels, registering a massive depreciation, almost 90%, from their 2022 peak prices! Otherdeeds tops the slide with a 78.2% dip while Voxels, despite a 93.8% loss, keeps spirits high and anticipates a comeback. On the bright side, Apple's impending mixed-reality headset launch might rekindle the global metaverse interest.

🚨 Degen Ben.eth Prepares for Another Rug Pull

Pseudonymous NFT collector and notorious meme coin creator, Ben.eth, has announced plans to launch a third meme coin, $LOYAL, after reportedly scamming investors out of millions with $BEN and $PSYOP coins. Despite facing potential legal consequences, including class action lawsuits and wire fraud charges, the controversial figure shows no sign of slowing down ⚖️. With his wallet balance once skyrocketing to $9.28 million, Ben.eth now eyes Memorial Day for the $LOYAL launch. Stay alert, stay safe! 🕵️‍♂️

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🧠 Wisdom of the day

There are too many different ways to store your crypto. But what’s the safest way? It’s cold wallet.

💡 What is a Cold wallet?

A cold wallet is a type of cryptocurrency wallet that securely stores your private crypto keys offline, usually on a physical device. It's also known as a hardware wallet, and it protects your digital crypto assets from online hackers by using a flash drive-like device that isn't connected to the internet. Ledger and Trezor devices are two of the most popular ones.