Author: admin

Bitget just dropped a bomb asking THORChain to straight up block those attacker addys tied to the September 24 hack where 387.5 million got yoinked. 🖤 THORChain’s whole permissionless vibe is now clashing hard with the fact that everyone knows those funds are stolen AF.

Bitget Pushes THORChain to Freeze the Looted Addys 💀

The exchange confirmed straight up that 387.5 million landed in attacker wallets after scooping in some Zcash and Tron tokens too. Gracy Chen the CEO tagged THORChain directly and said decentralization ain’t no excuse for laundering known stolen cash lol and the whole scene is watching close. Funds from the heist started routing through THORChain swaps and MistTrack pointed out that nearly 1.2 billion from last year’s Bybit mess had already flowed the same way 🌙 So the question hanging is what duty a protocol owes when it processes dirty crypto on purpose. THORChain clapped back saying it’s just like Bitcoin or Ethereum and questioned what responsibility those chains would even have. Their tracker shows 2377 attacker wallets holding 378 million with 1497 of them already moving stuff through the network. Security queen Taylor Monahan jumped in and roasted the idea that screening equals full censorship. She reminded everyone THORChain secretly shuffled assets before and still ain’t decentralized after seven years plus seven hacks.

Flashback To THORChain’s Own Pause Last May 🕸️

Back in May the validators slammed the brakes after a 10.7 million exploit and kept trading and withdrawals frozen for five whole weeks. Bitget threw out 5 percent bounties on recovered cash and thanked Circle plus Tether for freezing 318000 quick. Withdrawals are restarting in phases starting with BTC on September 28 at 08:00 UTC.

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Just another echo from the void by iconofsin.eth 💖

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HYPE just keeps slaying while the big ones like Bitcoin and Ethereum chill in the shadows fr, pumping over 100% this year and leaving the rest in dust.

Whales Spilling Bags Into The Night 🖤

Earlier this month it touched a fresh peak near 100 but the villains pulled back so now it’s hovering around 90 on CoinGecko. Fresh big player moves hint another dip could hit soon tho. Some serious wallets started dumping loads like one address 0xc745 that moved over 16 million worth straight to OKX and Bybit. Transfers like that often mean a sale is next. Lookonchain also showed a Hypersphere Ventures wallet offloaded 62869 HYPE worth about 5.78 million after buying just a month prior for a sweet 2.13 million gain. Another whale shifted nearly 50 million into Kraken last month. Multicoin also pushed 4.23 million HYPE almost 300 million total over to Coinbase since July ended. That screams sell intent even if not confirmed yet 💀. More supply floating around with steady demand means price pressure builds fast 😈. Whales usually know the tea before the rest so their exits can trigger total chaos and make smaller holders panic sell too. One trader thinks it might slide toward mid 70s next but still calls it a prime dip buy for longs cuz HYPE stays one of the strongest plays rn.

Exchange Flows Whisper Sweet Upturn Stuff 📉

On the flip side netflows paint a brighter picture with way more HYPE leaving exchanges than entering lately which cuts immediate sell pressure and sets up potential climbs 🔥.

This spooky balance of whale drama and quiet accumulation has me hooked lmao 👀🦇🌑✨

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Just another echo from the void by iconofsin.eth 💖

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Vitalik Buterin, one of the co founders of Ethereum, spilled the tea on how the network could transform after the Hegota fork and why it is shifting into a cryptographic world computer instead of a regular old blockchain.

What Changes After Hegotá 🖤

He kicked things off by comparing Ethereum future vibes with the old school Bitcoin way where everyone just downloads and re runs every transaction fr. But rn he sees big shifts coming as advanced cryptography takes over with zero knowledge proofs playing a huge role by 2030. By then verification will lean on PeerDAS for sampling data checks plus SNARKs so the network verifies tons of computation without repeating it all ✨. Consensus already ditched proof of work for proof of stake and is moving to an even smoother version while block production might involve multiple participants instead of one lone builder 🦇. Upgrades like FOCIL EIP 8288 Lean consensus and mempool tweaks will make everything rely more on proofs and distributed stuff 🔮. State management gets tricky too since Ethereum must handle way more data without forcing full work on every node. Devs will build apps that break computation into smaller pieces rather than one giant transaction lol.

Market Vibes Check 💀

ETH just reclaimed its 200 day moving average but got rejected near 2800 last week which some analysts call a big hurdle 🕸️. It is trading around 2700 right now down about 2.5 percent in 24 hours yet still up 5 percent over 14 days. That is wild since it sits 34 percent lower than a year ago and 47 percent below its all time high near 4950 🌙.
Check the full thoughts here.

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Just another echo from the void by iconofsin.eth 💖

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The crypto market flashed red over the past 24 hours with barely any altcoins staying green rn 🖤 Among them Quant (QNT) surged triple digits in the last week and analysts expect more upside but one trader decided to cash out completely.

Not a Comfortable Environment? 😈

Just hours ago QNT hit a five year high near $370. Bears stepped in hard and now it trades around $205 per CoinGecko after a 260% weekly pump. The main catalyst came from The Clearing House picking Quant for its On Chain Money Initiative. X user Ted shared more bullish factors including integration into Murex MX.3 which runs at 65 of the top 100 banks plus selection by the European Central Bank for digital euro testing.

https://x.com/TedPillows/status/2104277894151413965

Despite all the hype popular trader Doctor Profit sold his entire QNT bag. He noted the jump looked impressive yet warned that many accounts push others to buy while selling privately themselves. High funding rates also signal crowded longs.

https://x.com/DrProfitCrypto/status/2104380826406494291

QNT relative strength index hit nearly 100 before pulling back to 74 still in overbought territory hinting at possible short term correction.

More Opinions 🌙

X user Nehal expects a cool off and pullback toward the $100 to $150 zone before a fresh rally that could push past $500 with new all time highs possible at $800 to $900.

https://x.com/nehalzzzz1/status/2104460175512109149

For his part UMER THE BULL claimed the QNT game is over since the pump came from hype after every major influencer talked about it. He added comparing it to ZEC makes no sense.

https://x.com/UmerTheBull/status/2104452351188975769

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Just another echo from the void by iconofsin.eth 💖

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