Crypto Champion

Crypto Champion

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


US Government is transferring BTC to Coinbase for politics?

28 Jun 2024 1 minute read 2 comments Yugocean

  Recently, blockchain tracker Lookonchain discovered that 3,940 bitcoins were transferred from US government Bitcoin wallets to Coinbase Prime. I thought -Why? Why is the government investing in a private company when it has not even signed any cont...

Government of Germany is transferring Bitcoins to offshore Exchanges

26 Jun 2024 1 minute read 4 comments Yugocean

     The German government has recently transferred 200 BTC to Coinbase and 200 Bitcoins to Kraken (a total of 400 BTC).   Germany loves Offshore Exchanges Coinbase and Kraken are the top two US-based exchanges. This is the second time Germany has de...

Understanding Metaplanet's BTC market gimmick

25 Jun 2024 1 minute read 0 comments Yugocean

    Japanese public company Metaplanet is set to raise ¥1 billion in funds by issuing 0.5% bonds to buy more Bitcoin. Ok, this is normal news that bridges crypto and stocks, but there is something behind this.   Buy Bitcoin Cheap Gimmick       The Ja...

BTC Turk Avalanche hack

24 Jun 2024 1 minute read 2 comments Yugocean

     Hackers are carrying out their tricks well; an example of this is the recent hacking of the hot wallet of Turkey-based crypto exchange BtcTurk.   Clever AVAX hack      BtcTurk exchange was hacked on Saturday so cleverly that the trackers mistook...

US Cryptoverse slams Biden for transferring 2 CFTC commissioners

19 Jun 2024 1 minute read 3 comments Yugocean

     President Biden has changed the roles of two CFTC commissioners, Christy Romero and Kristin Johnson. This has been greeted with objections.   Is Rostin Behnam the target?      It is believed that the Biden administration is weakening the pro-cry...

EU decides to ban MEV, divides Crypto world

29 May 2024 1 minute read 0 comments Yugocean

If you don't like to read full article, just scroll down to "In Brief"   ESMA declares MEV in Crypto illegal      The European Securities and Markets Authority (ESMA), the EU markets watchdog, has declared maximum extractable value (MEV) as "market...

Vitalik Buterin Opposes Layer 3

2 Apr 2024 1 minute read 0 comments Yugocean

Vitalik Buterin opposes Layer 3      The popularity of L3 is not supported by Ethereum co-founder Vitalik Buterin. Buterin recently "re-upped" his post on "Layer 3s" from a year and a half ago, explaining that while L3 may cut the cost of batch publi...

MicroStrategy X hack phishing scam shocks crypto world

26 Feb 2024 1 minute read 4 comments Yugocean

     Today a hacker(s) hacked MicroStrategy's X account and promoted a non-foolproof phishing scam, stealing assets worth hundreds of thousands of dollars. The Hack      The aforementioned hacker or hackers tricked people with the promise of an air...

Investment increased in crypto sector

25 Feb 2024 1 minute read 1 comment Yugocean

     Crypto world is going up in all ways, investment is rising, whales are increasing, and responsibility is also up.   Rise in Investment       The crypto world has seen a sharp rise in investment, particularly in new ventures that have been succ...

$4.3 billion Binance-DoJ deal is approved by the US Court

24 Feb 2024 1 minute read 1 comment Yugocean

     The Binance-US DoJ (Department of Justice) deal has been approved by Richard Jones, judge of the Western District of Washington court. $4.3B Binance Airdrop to DoJ      The US DoJ got a $4.3 billion giveaway (legally in panelty) from Binance a...