According to Lookonchain monitoring, a trader achieved a 281-fold return through BITCAT trading in just two hours. He bought 40.31 million BITCATs at 7.84 $SOL (about $1,600) on the Pump.fun platform, and then sold them all for 2,213.5 SOL (about $460,000). In the end, the trader made a profit of about $458,000 and has completely liquidated his position.

According to Odaily, recent data disclosed by Bitcoin Magazine on the X platform reveals that the United States national debt has exceeded $36 trillion for the first time in history. This milestone marks a significant moment in the country's financial landscape, highlighting ongoing concerns about fiscal policy and economic stability. The increase in national debt is attributed to various factors, including government spending and economic challenges. As the debt continues to rise, it raises questions about the long-term implications for the U.S. economy and its ability to manage financial obligations. Economists and policymakers are closely monitoring the situation, considering potential measures to address the growing debt and its impact on future generations. The surpassing of the $36 trillion mark underscores the importance of fiscal responsibility and the need for strategic planning to ensure economic sustainability. As discussions around national debt intensify, stakeholders are urged to consider balanced approaches that promote growth while maintaining fiscal discipline.

According to data disclosed by Bitcoin Magazine on the X platform, the U.S. national debt exceeded $36 trillion for the first time in history.

According to Odaily, Whale Alert has reported that the USDC Treasury has destroyed 50 million USDC tokens on the Ethereum blockchain. This significant transaction highlights ongoing activities within the cryptocurrency market, where token burns are often used to manage supply and demand dynamics. The destruction of tokens can impact the overall circulation and potentially influence the value of the remaining tokens. Token burns are a common practice in the cryptocurrency industry, aimed at reducing the total supply of a digital asset. By removing a portion of the tokens from circulation, issuers can create scarcity, which may lead to an increase in the token's value. This recent burn by the USDC Treasury is part of a broader strategy to maintain the stability and value of the USDC stablecoin, which is pegged to the US dollar. The Ethereum blockchain, known for its robust infrastructure and widespread adoption, serves as a popular platform for such transactions. The transparency and security offered by Ethereum make it an ideal choice for executing large-scale token burns. As the cryptocurrency market continues to evolve, such activities are expected to play a crucial role in shaping the future of digital currencies.

The gmgn website has just been attacked by malicious means, including high-frequency crawlers and flood attacks. The development team has urgently carried out repairs and has restored the holding collection function and transaction activity record function of the token details page. Other services are gradually being restored.

We always talk about the latest blockchain games and trends in that market. Blockchain gaming is undergoing a radical transformation. Lots of game studios are moving beyond the regular traditional platforms and are turning towards blockchain. We can safely say Web3 gaming is finally getting the spotlight.  This is good news. But we still have […] The post Why Movement is the Blockchain for... source: https://www.altcoinbuzz.io/blockchain-gaming/why-movement-is-the-blockchain-for-gamers-and-developers/

According to market news, the Manhattan U.S. Attorney's Office plans to reduce the scale of its handling of cryptocurrency cases. A prosecutor said that the department will realign resource allocation and give priority to other types of financial crime cases.

Collins of the Federal Reserve said that he did not think there was an urgent need to cut interest rates, but hoped to maintain economic health. (Jinshi)

According to Whale Alert, USDC Treasury destroyed 50 million USDC on the Ethereum chain.

In one of the most significant cryptocurrency crime cases to date, Ilya Lichtenstein, who orchestrated the theft of 120,000 bitcoin from Bitfinex in 2016, was sentenced to five years in prison. source: https://www.benzinga.com/markets/cryptocurrency/24/11/42011697/bitcoin-hacker-sentenced-to-5-years-for-laundering-billions-in-crypto-theft?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

A significant transfer of 1.25 trillion $SHIB tokens occurred amidst Shiba Inu's remarkable 300% surge. Despite the surge, the involvement of Cumberland hints at potential institutional interest. The recipient wallet now holds SHIB as its most valuable asset. Shiba Inu's surge coincides with Shibarium's milestone, showcasing growing adoption. The investor's strategic shift suggests a belief in SHIB's potential compared to other cryptocurrencies. Closing Remark:

Shiba Inu faces a downturn in the short term despite promising signs of increased activity and transactions.