You got HACKED

Hey Dude!! Welcome to coinrush newsletter, here are some exciting crypto news of the day.

Despite hiccups, memecoin traders, hopping along with frog-themed Pepe, soldier on. Pepe leapt to a new all-time high of $0.00001718 on May 27, bouncing up over 75% in a week. πŸΈπŸ’Έ Despite their wild swings and questionable value, some traders are making a mint, with one turning $3,000 into a princely $46 million in just two weeks trading Pepe. πŸ’° The resurgence of meme-driven assets, thanks to events like the GameStop saga, keeps the laughs rolling and the prices hopping. πŸ˜„πŸ“ˆ

A trader took a hefty hitβ€”over $1 millionβ€”in a Normie memecoin exploit, watching their investment nosedive by over 99% 😬. Normie's smart contract oopsie wiped out $41.7 million in market cap πŸ’₯. The hacker's deal? Return 90% of the loot if it funds a new token for reimbursement πŸ’°. Cue fake posts popping up like mushrooms after rain πŸ„. Over 72,000 Normie holders left scratching their heads πŸ€”. Tough times in Memeland!

High Five Argentina Rugby GIF by Rugby World Cup

Gif by worldrugby on Giphy

Argentina's checking out El Salvador's Bitcoin playbook! Officials met up to swap crypto stories and discuss regulation. πŸ‡¦πŸ‡·πŸ’¬ Argentina's even prepping to legalize Bitcoin payments, with a few strings attached. πŸ’ΌπŸ”— Looks like they're ready to dive into the crypto pool, cannonball-style! πŸŠβ€β™‚οΈπŸš€

Snl Hacker GIF by Saturday Night Live

Gif by snl on Giphy

Looks like hackers crashed the celebrity party, taking over X accounts to promote Luna2.0, ORDI, and even memecoins like "RICH" and "JENNER." πŸŽ‰πŸŽ­ It's like a crypto carnival out there, with everyone jumping on the bandwagon faster than you can say "hack attack!" 😱πŸŽͺ

In the FTX bankruptcy saga, Sullivan & Cromwell got caught in a comedy of errors. Cleared of knowing about the fraud, they claim innocence, but creditors aren't buying it, suspicious of their past ties with FTX. πŸ¦πŸ”„ It's like a financial sitcom with legal twists! πŸ€”πŸ“‰

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