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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. πΈπΈ 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. π° The resurgence of meme-driven assets, thanks to events like the GameStop saga, keeps the laughs rolling and the prices hopping. ππ
A trader took a hefty hitβover $1 millionβin a Normie memecoin exploit, watching their investment nosedive by over 99% π¬. Normie's smart contract oopsie wiped out $41.7 million in market cap π₯. The hacker's deal? Return 90% of the loot if it funds a new token for reimbursement π°. Cue fake posts popping up like mushrooms after rain π. Over 72,000 Normie holders left scratching their heads π€. Tough times in Memeland!

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Argentina's checking out El Salvador's Bitcoin playbook! Officials met up to swap crypto stories and discuss regulation. π¦π·π¬ Argentina's even prepping to legalize Bitcoin payments, with a few strings attached. πΌπ Looks like they're ready to dive into the crypto pool, cannonball-style! πββοΈπ

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." ππ It's like a crypto carnival out there, with everyone jumping on the bandwagon faster than you can say "hack attack!" π±πͺ
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. π¦π It's like a financial sitcom with legal twists! π€π
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