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Pseudonymous on-chain cryptocurrency analyst ZachXBT is one of the most respected voices in the crypto space — but surprisingly enough, he doesn’t offer investment advice. Instead, the ‘crypto sleuth’ has taken to unveiling and publicizing the many scams running rampant in the world of digital assets. The blockchain detective has also exposed several high-profile hacks — most recently, a $112 million XRP breach on January 31 and a $35 million Atomic Wallet hack in June of 2023 . Unfortunately, it appears that ZachXBT won’t be left without work any time soon — as the crypto investigator reported that users have had roughly $65 million stolen from Coinbase over the past couple of months, per a February 3 post made on social media platform X . Safe wallet scam and social engineering lead to millions stolen from Coinbase In the aforementioned X threat, the investigator revealed that they had collaborated with fellow reacher tanuki42 to review Coinbase withdrawals cross-referenced with data gathered via direct messaging. With an admittedly limited dataset, and relying only on high-confidence instances when it comes to direct messages, the duo identified roughly $65 million in digital assets stolen from Coinbase from December 2024 to January 2025. 1/ Over the past few months I imagine you have seen many Coinbase users complain on X about their accounts suddenly being restricted. This is the result of aggressive risk models and Coinbase’s failure to stop its users losing $300M+ per year to social engineering scams. pic.twitter.com/PjtX7vmjqc — ZachXBT (@zachxbt) February 3, 2025 Readers should note that, as stated by ZachXBT, the actual amount stolen over this timeframe is likely to be much higher. So, how did this happen? Apparently, a combination of social engineering attacks was used. Crypto scammers would call victims from spoofed phone numbers and use personal information gathered from private databases to gain their trust. Following this, the cybercriminals would tell Coinbase users that their accounts had multiple unauthorized login attempts. Once that was done, victims would receive a spoofed email that appeared to be from Coinbase — one that included a fake case ID and instructed users to transfer funds to a specific wallet and whitelist a certain address while support verified the security of their account. In addition, the scammers possess the capability to clone Coinbase’s site to near-perfection — allowing them to send different prompts to their targets. Per the researcher, the attacks originate from two main groups — skids from the Com and threat actors located in India. Reportedly, both primarily target US customers. Featured image via Shutterstock The post $65M reportedly stolen from Coinbase users in past two months appeared first on Finbold .
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DOGE ETF Could Open the Floodgates—Will XYZVerse (XYZ) Be the Next Meme Coin to Hit Wall Street?
The approval of a DOGE ETF could signal a breakthrough for meme coins in mainstream finance. As doors open for Dogecoin, questions arise about which coin might be next. Could XYZVerse (XYZ) be poised to make a similar leap onto Wall Street? This article explores the potential of XYZ in the evolving landscape of digital currencies. Trump’s Inauguration Sparks Crypto Chaos: $XYZ Meme Coin Ready to Deliver a 99,900% Knockout Donald Trump’s inauguration has triggered a seismic shift in the crypto market, setting the stage for a bull run like no other . As the dust settles, major coins limp forward with uninspiring double-digit gains, while meme coins are stealing the show . PNUT’s recent 4,500% surge? FRED’s 6,000% explosion? Ancient history, buried in the ashes of short-lived hype. These coins buckled under selling pressure, leaving FOMO-ridden investors licking their wounds. But the crypto battlefield doesn’t wait for the weak — a new titan has emerged with plans to obliterate profit records and deliver an earth-shaking 99,900% surge . Take the XYZ Side – The Undisputed Champion of Meme Coins $XYZ Breaks into the Ring to Knockout Meme Coin Legends Meet $XYZ – the first-ever all-sports memecoins for true crypto degens hungry for 1000X profits . This is the token for those who thrive on the thrill of competition . As Trump takes the reins, the crypto market is set to erupt so the competition is getting fierce . Only the strongest tokens can survive in this no-mercy arena. Here comes the dawn of a crypto era for those with balls of steel — the guys like Joe Rogan and Dana White — who’d proudly rally behind Trump’s team. With such true men of business on board, there is no place for old pussy meme coins, it’s time for real brutal coins . Fueled by the sports mentality , the $XYZ token has emerged as the ultimate contender ready to crush competitors and rocket to the moon on Elon Musk’s mission. $XYZ is on its way to the winner’s podium to become a badge of honor for those who live and breathe sports and crypto. $XYZ Already Delivers Even Before Hitting the Market The $XYZ presale is underway, providing access to the token at a special pre-listing price. Launch Price : $0.0001 Price Now : $0.002 In just a couple of months, $XYZ already soared over 2000%! Next Stage : $0.0025 (+25% jump incoming) Final Knockout Target : $0.1 From launch to the token generation event, $XYZ is targeting a mind-blowing 99,900% surge! If you’re not in, you’re out. The $XYZ presale is already smashing through stages with the speed of a champion’s knockout blow. Join $XYZ Presale Now and See Your Pennies Grow Into Millions! Dogecoin: From Internet Joke to Crypto Superstar Dogecoin started as a joke in 2013, created by Billy Marcus and Jackson Palmer. They wanted a fun alternative to serious cryptocurrencies like Bitcoin. Using a Shiba Inu dog as its logo, Dogecoin caught people’s attention online. Unlike Bitcoin’s limited supply, Dogecoin has no maximum limit, with 10,000 new coins mined every minute. Initially seen as a “memecoin,” its value soared in 2021. Social media buzz, especially from Elon Musk’s tweets, pushed Dogecoin into the top ten cryptocurrencies, reaching a market value of over $50 billion. This rise showed the power of community and how social media can impact financial markets. Today, Dogecoin’s future seems full of potential. Its technology allows for fast and cheap transactions, making it practical for everyday use. The unlimited supply means there’s plenty to go around, which could help with wider adoption. Compared to other coins like Bitcoin and Ethereum, Dogecoin is more accessible due to its lower price. In the current market, many investors are looking for affordable cryptocurrencies with strong communities. Dogecoin fits this trend and stands out as a unique option. While it began as a joke, its growing acceptance suggests it might be more than just a passing fad. Conclusion Though DOGE remains popular, XYZVerse (XYZ) could become a significant player by uniting sports fans and meme culture in the current bull market. You can find more information about XYZVerse (XYZ) here: Site , Telegram , X Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . Finbold
President Trump Signs Executive Order To Create Sovereign Wealth Fund, Diversify US Investments
President Trump just signed an executive order to create a federal sovereign wealth fund. Trump is ordering the U.S. Treasury and Commerce Departments to create the fund, stating it could be used to purchase the popular social media platform TikTok. Trump has not suggested additional uses for the fund at time of publishing, with Bloomberg reporting it will be created in the next 12 months. Sovereign wealth funds are government-owned investment funds. They typically invest surplus revenues, often from natural resources like oil, to grow wealth for the future. These funds diversify investments globally across stocks, bonds, real estate, and other assets. Their goal is to provide long-term financial stability, economic growth, and protection against economic shocks. Although states like Alaska have had their own sovereign wealth funds for years, the federal government itself has never utilized one. A number of nations already have sovereign wealth funds, including Norway, China, United Arab Emirates, Saudi Arabia, Singapore, Kuwait, Qatar, Australia, Russia, South Korea and Chile. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post President Trump Signs Executive Order To Create Sovereign Wealth Fund, Diversify US Investments appeared first on The Daily Hodl . Finbold
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