Goodbye

Chaos in the crypto world at the end of 2023 and beginning of 2024

By Yugocean | Crypto Champion | 1 Jan 2024


     At the end of 2023 and the beginning of 2024, there was such a stir in the crypto world that the alert crypto world lost its sleep. End of 2023 and Start of 2024

 

Bears Crushes TRB's flying Bulls

     Decentralized oracle protocol Tellor (TRB) was trending in the green for the past few days, Late 2023 and early 2024 TRB bulls gained momentum, rising by over 130%, sending its value to cross $600 in a matter of hours, but this rise was short-lived as the bears immediately overtook TRB's flying bull, meaning TRB crashed.


 

Orbitchain Hack hack

     Cross-chain bridge Orbitchain came under the target of hackers, this hack is believed to have transferred assets to an unwanted address by investing $10 in ETH through Tornado cash. More than $81M worth of assets in ETH, WBTC, DAI, USDT, USDC were siphoned off in this hack. After this, questions are being raised on the validation of Orbitchain.


 

End of 2023

     This year will also be remembered for Good, Bad, and Ugly happened in the crypto world.   Goods like

  • Ripple's Victory over SEC
  • Rise of Nayib Bukele
  • Bitcoin Bulls Return
  • Elon Musk and Twitter Series
  • Coinbase Rising International
  • Digital Citizenships

  Bads like

  • Hacks, Scams and Bankruptcy
  • Binance and CZ problem
  • KYC Mandatory Problem in Exchanges
  • Do Kwon and many scammers are free.

  Uglies like (for neutral where I don't know it is good or bad)

  • Spot ETF Buzz in the US
  • Destruction of FTX and Fall of SBF 
  • Legal Battleground of Gemini and Genesis
  • Bitboy Armstrong's firing
  • Rise of AIs
  • Litecoin Halving

 

Now we go to 2024 

 

How do you rate this article?

167


Yugocean
Yugocean

Judge me by my action. Personally everyone will do self praise,.


Crypto Champion
Crypto Champion

Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.