Tag Page MakeMoney

#MakeMoney
Alexandra Burns

chart of the week: wall street has claimed bitcoin — now what?

Bitcoin’s dance with traditional markets just keeps getting closer. The latest data shows its correlation with U.S. equities remains stubbornly high, while its connection to gold and the U.S. dollar is virtually nonexistent. For years, many hoped bitcoin would behave like “digital gold,” a safe haven uncorrelated to stocks and fiat. But Wall Street’s growing embrace of bitcoin seems to be rewriting that narrative. When bitcoin moves almost in lockstep with equities, it loses some of its magic as a portfolio diversifier or crisis hedge. The question now is: as institutional players dominate the space, will bitcoin remain the rebellious outsider it once was? Or will it become yet another Wall Street asset, vulnerable to the same cycles and shocks? This shift isn’t just about price charts—it’s about bitcoin’s evolving identity. For those still dreaming of a truly independent crypto, it’s time to reckon with the reality: Wall Street has claimed bitcoin, for better or worse. #Finance #MakeMoney

chart of the week: wall street has claimed bitcoin — now what?
Alexandra Burns

hackers behind $140 million brazil banking heist are now using crypto to launder their loot

In late June, a sophisticated hacking group pulled off one of the biggest cyber heists targeting Brazil’s Central Bank service provider, stealing a jaw-dropping $140 million. But what happened next reveals a darker side of the crypto world: these criminals are turning to cryptocurrencies to clean their ill-gotten gains. On June 30th, attackers bribed an insider at C&M Software, the Central Bank’s service vendor, gaining access to six financial institutions’ reserve accounts, including BMP. This insider leak opened the door for unauthorized transfers of massive fiat sums. But rather than trying to move all the stolen cash directly through banks or traditional channels, the hackers began swapping between $30 million and $40 million of their haul into bitcoin, ether, and tether—using Latin American OTC desks and exchanges, according to blockchain analyst ZachXBT. This laundering tactic isn’t new. It echoes a recent attack on Coinbase, where bribed customer service agents exposed sensitive data of 69,000 users. The key point is that even as crypto gains regulatory acceptance in Brazil—lawmakers proposed allowing investment funds exposure to digital assets as recently as February—the industry’s dark underbelly remains exposed to abuse. Crypto’s promise of borderless, pseudonymous transactions makes it a perfect tool for hackers and scammers to move money swiftly and discreetly. As the numbers show, this trend is escalating: security firm CertiK reports that crypto investors lost $2.5 billion to hacks and scams in the first half of 2025 alone. The Brazil banking hack serves as a stark reminder—while blockchain technology can empower financial freedom, it also equips criminals with new avenues to launder money and evade law enforcement. Vigilance and stronger safeguards are more critical than ever. #Finance #MakeMoney

hackers behind $140 million brazil banking heist are now using crypto to launder their loot
Douglas Mccoy

💥 someone just moved $8.6B worth of bitcoin from 2011. here’s what you’re not being told.

Late on Friday, something that hasn’t happened in over a decade shook the crypto world. Eight wallets, dormant since 2011, suddenly moved exactly 10,000 BTC each, sending a staggering total of $8.6 billion into brand-new SegWit addresses. These coins—often called “Satoshi-era bitcoin” because they were mined or received in Bitcoin’s earliest days—had been untouched for more than 14 years. No exchange deposits, no cashing out, just quiet transfers that immediately sparked curiosity and concern. What makes this even more intriguing is what happened just an hour before the Bitcoin moved. A suspicious transaction involving over 10,000 Bitcoin Cash tokens, worth nearly $5 million, was flagged. This transfer, connected to one of the whale wallets, looked like a subtle test—a covert way to check private key access without alerting the market or watchdogs. Bitcoin Cash, unlike Bitcoin, flies under the radar in whale-watching circles, making it a perfect testing ground. But here’s the kicker: only one of the BCH addresses tied to these wallets was touched during this test. Why sweep only one wallet’s funds? Why not all eight if someone truly controlled the private keys? This partial movement hints at something less than full access—maybe a leak, maybe someone with limited control. This situation isn’t just about dormant wallets waking up. It strikes at the heart of Bitcoin’s security assumptions. Early Bitcoin addresses used a format called Pay-to-Public-Key (P2PK), which reveals the full public key once the wallet makes a transaction. This exposure leaves those wallets vulnerable to future quantum computing attacks, should large-scale quantum machines ever materialize. The idea that someone could be quietly probing these keys, preparing for a quantum future, is chilling. So far, none of the coins have been cashed out or sent to exchanges. Instead, they remain locked in new wallets, untouched by markets. That silence speaks volumes—it suggests deliberate caution and maybe a test of patience or power. This is not about greed or a quick flip; it’s about control, secrets, and timing. Whether this means private keys were leaked, quantum attacks are looming, or something else entirely, the move sends a warning: Bitcoin might not be as invulnerable as many believe. The quiet movement of billions of dollars in nearly ancient coins should make every crypto watcher pause and think about what could come next. No one wakes up 14-year-old wallets for no reason. And no one tests keys on the quiet sidechain of Bitcoin Cash unless they have something to hide. Stay alert. The next move might not be so quiet. #Finance #MakeMoney

💥 someone just moved $8.6B worth of bitcoin from 2011. here’s what you’re not being told.
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