$7.3 billion been transferred to

Plus: memecoin to $638 million

"$7.3 billion has been transferred to a mysterious wallet. What will happen in the near future as a result of this transaction? Could it potentially cause a crash in the crypto market? Let's examine what has recently occurred in the market today with CoinRush."

Turbo, a memecoin born from a $69 chat with OpenAI's ChatGPT, zoomed to a $638 million valuation in a year πŸš€. On May 28, it hit a new high, turbocharging its market cap πŸ“ˆ. In just three months, its value skyrocketed by 2,262% πŸ’₯. Creator Rhett Mankind, who let it run wild without his meddling, credits its success to being left to its own devices πŸ€·β€β™‚οΈ. Talk about a hands-off approach paying off!

On May 28, Bitcoin (BTC) took a 2% nosedive πŸ›¬ after the ghost of Mt. Gox moved over 107,000 BTC (worth nearly $7.3 billion) to a mysterious wallet πŸ•΅οΈβ€β™‚οΈ. It’s all part of their spooky plan to return BTC to creditors by October. Whale Alert πŸ‹ sounded the alarm with six hefty transactions, and Arkham Intelligence tracked the phantom wallets. After this eerie shuffle, Bitcoin's price slipped to around $67,875. πŸ‘»πŸ’Έ

Looks like someone's crypto rollercoaster just got a surprise twist! 😱 After losing $7 million worth of Ether, the victim managed to reclaim 80% of it when the attacker decided to play nice and return some as a bounty. πŸŽ‰ But uh-oh, looks like they've fallen for phishing schemes more than once! 🎣 Better watch out for those digital sharks next time! 🦈

Argentina's government is taking tips from El Salvador on Bitcoin πŸ‡¦πŸ‡·πŸ’‘πŸ‡ΈπŸ‡». They're like, "Hey, how's that crypto thing working out for you?" πŸ˜„ The meeting between the two countries' securities regulators was like a crypto crash course, discussing El Salvador's bold move of making Bitcoin legal tender. Now Argentina's thinking, "Hmm, maybe we'll legalize it too, under certain conditions." πŸ’ΌπŸ’°

THANKS FOR READING THE COINRUSH NEWSLETTER