Yesterday, I Fell into a Honeypot Trap — Be Cautious!
Yesterday, I received three unexpected incoming transfers in my wallet:
5,000,000 SHIB
540 USDC (with a suspicious short link)
200 USDT (worth around $200)
At first glance, this looked like a blessing. But in reality, it was a honeypot attack — a common trap where scammers send fake tokens or funds to your wallet to lure you into interacting with malicious smart contracts or phishing links.
Here’s what you need to know:
Never click on suspicious links attached to token names (like the [t.ly/...] in the USDC transaction).
Don’t try to swap or transfer suspicious tokens without checking them on a block explorer.
These tokens can trigger smart contracts that drain your wallet once interacted with.
Stay Safe: Always verify unexpected transactions. Use tools like Etherscan or BSScan to inspect the contract and transaction details. And remember, if it looks too good to be true—it probably is.
🥷 One of the darkest chapters in early Bitcoin history
In June 2011, a Bitcointalk user known as Allinvain lost 25,000 BTC in a single transaction — worth about $500,000 at the time and over $2.2 billion today.
What happened:
▪️On June 13, 2011, 25,000 BTC were drained from his wallet in one move and never returned ▪️The coins were sent to a single address and later split and laundered ▪️The attack started with a compromised Slush Pool account, where payouts were redirected due to no 2FA ▪️The critical mistake: an unencrypted wallet.dat stored on a Windows PC with software from unknown sources ▪️Private keys were copied, and the funds were gone within seconds
Outcome:
▪️A total of 25,033 BTC were eventually dispersed ▪️Only 0.004 BTC remained on the original address ▪️The attacker was never identified
A brutal reminder of how unforgiving early Bitcoin security mistakes were.
Coinbase has filed lawsuits in Connecticut, Illinois, and Michigan, challenging state efforts to regulate prediction markets. The exchange argues that prediction markets fall under the exclusive jurisdiction of the U.S. CFTC, not state gaming regulators, and says state-level restrictions unlawfully treat these markets as gambling.
Whale 0x94d3 sold 255 $BTC($21.77M) at an average price of $85,378 over the past 7 hours, then opened a 10× short on 876.27 $BTC($76.3M) and 372.78 $ETH($1.1M).
📉 #HYPE Hyperliquid's net outflows topped $430 million this week, the third largest weekly outflow ever. Amid growing competition, Hyperliquid's AUM continues to decline from a peak of over $6 billion in mid-September to around $4 billion.
📊 Sentora: 2025 marked the year of the #stablecoin resurgence
Onchain volumes reached a multi-year high of $4.511 trillion in October. While still below the 2021 peak, stablecoins have matured significantly since then.
New #RWA models, a broader set of issuers, and growing regulatory clarity, are paving the way for more sustainable growth.
Some traders believe Bitcoin faced unexpected resistance not in dollars, but at 100,000 Swiss francs (CHF) — one of the strongest fiat currencies in the world.
The theory suggests that psychological levels in “hard” currencies may influence market behavior just like round numbers in USD. While it sounds intriguing, it’s more of a fun coincidence than a solid technical reason.
Interesting narrative — but likely not the real driver behind BTC’s pullback.