Crypto Champion

Crypto Champion

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


Socialized loss strategy Puts WazirX in Jeopardy

1 Aug 2024 1 minute read 2 comments Yugocean

The Socialized Loss Strategy      Indian cryptocurrency exchange WazirX last week claimed to have suffered a loss of 45% from the hack, and announced a plan called “Socialized Loss Strategy” whereby the company launched a poll and gave people two opt...

Hackers are tricking projects by posing as bogus firms

28 Jul 2024 1 minute read 0 comments Yugocean

How true are the developers' hack claims?      SlowMist, a blockchain security firm, discovered that scammers are targeting projects by acting as bogus venture capital companies to break security. There are numerous cases where developers were duped...

RFK Jr. will increase the US government's Bitcoin reserve

27 Jul 2024 1 minute read 4 comments Yugocean

  Pro Bitcoin Motivation       Robert F. Kennedy Jr., the keynote speaker at the Nashville Bitcoin Conference and US presidential candidate, has stated that he will force the federal government to buy Bitcoin until the country's BTC holdings and gold...

USDC Treasury sends 100M USDC to Coinbase

24 Jul 2024 1 minute read 0 comments Yugocean

Coinbase receives 100m $USDC      Tracker Whale Alert has tracked that, today (Tuesday, 23 Jul 2024), 100 million USDC were transferred from USDC Treasury to Coinbase in two transactions of 50m each. Both transaction happened on Ethereum Blockchain....

WazirX Announces Great Award for Whitehats & Bounty Hunters

23 Jul 2024 1 minute read 0 comments Yugocean

Whitehats & Bounty Hunters called      WazirX has announced a Bounty to recover stolen funds. Initial Bounty was 10k USDT fortracking & freezing the funds, and 5% ($11.5M) White Hat reward; however due to diffuculty in tracking (on feedback of ZachXB...

ApeCoin DAO to enter Hotel Industry

22 Jul 2024 1 minute read 0 comments Yugocean

APE Hotel      ApeCoin DAO's proposal AIP-448 has been approved by 92.14% in the voting. Under this, an Ape-themed hotel will be opened in Bangkok. 50% of the hotel revenue will go to ApeCoin DAO.   Promoting APE      This is a strange attempt to...

WazirX hack or scam

21 Jul 2024 1 minute read 3 comments Yugocean

Cyvers Alert    Security alert platform Cyvers detected suspicious transactions of digital assets worth $234.9 million have taken place from WazirXIndia's safe multisignature wallet on the ETH network.   TornadoCash Movement    The Cyvers claimed...

BlockFi to process distribution via Coinbase

19 Jul 2024 1 minute read 1 comment Yugocean

BlockFi to process distribution      BlockFi announces to commence crypto distribution batches, interim distribution will start this month (July 2024). There are many loops and holes.      Platform: Since BlockFi platform is closed, BlockFi has part...

Promoting Scam : Bitcoinist Davinci Jeremy Scam

17 Jul 2024 1 minute read 0 comments Yugocean

 Bitcoinist Davinci Jeremy Scam      Australian crypto analyst BEE has shared information about old bitcoinist Davinci Jeremy and published his new predictions about some shitcoins; but, crypto detective ZachXBT has warned everyone about DaVinci Jere...

The story of Germany and Bitcoin

16 Jul 2024 1 minute read 12 comments Yugocean

Germany sold off its BTC The German government was the owner of a huge treasure of 50179 Bitcoins, but by July 13, it did not have a single Bitcoin left. In 24 days, Saxony sold Bitcoins to overseas exchanges like Binance, Coinbase, Kraken, etc.    ...