Here’s a brief look at some of the headlines from crypto yesterday.
Crypto Yesterday Showed No Real Panic on Social Media
Look, crypto yesterday wasn’t the bloodbath some bulls hoped would mark the bottom. Traders on social media are still riding high with greed, not the outright fear that usually signals we’ve hit rock bottom.
One sharp crypto analyst Maksim Balashevich thinks Bitcoin might have further to fall, perhaps even all the way down to around $75,000.
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“It’s looking very tempting to get even closer to that level,” he said.
Balashevich founded crypto market sentiment tracker Santiment, and he said this in a fresh YouTube video dropped on Friday.
BlackRock Doubles Down on Crypto Hiring Spree
While crypto yesterday had everyone watching price charts, powerhouse BlackRock was quietly building out its crypto team big time. Their careers page is loaded with blockchain and cryptocurrency jobs scattered across the globe, from the US to Europe and Asia.
These aren’t entry-level gigs either. You’ve got everything from associate spots to managing director roles in cities like New York, London, Dublin, and Singapore.
A lot of these positions zero in on crypto assets, stablecoins, and tokenizing traditional finance stuff. One New York-based MD role even boasts a salary band of $270K to $350K annually.
Clearly, BlackRock sees crypto as a serious long-term play, not just hype from crypto yesterday.
Brutal $50 Million USDT Scam Hits Hard
Crypto yesterday also delivered a gut-wrenching reminder of how ruthless this space can be. Nearly $50 million in USDT vanished into a scammer’s wallet after one unlucky trader copied the wrong address during a transfer.
Blockchain sleuths at Web3 Antivirus say the victim accidentally sent 49,999,950 USDT to a fake address that looked almost identical to the real one.
The trader did the smart thing first: a tiny test transaction that landed safely. But when sending the big amount, boom, it went to the scammer.
On-chain data shows fraudsters often seed these trap addresses with micro-transactions in a wallet’s history, making it super easy to copy the wrong one later.
No hack involved here, just a simple but devastating mistake. This loss shoots straight into the top crypto-related blunders we’ve seen all year.
In a world where crypto yesterday can flip from euphoric to tragic in seconds, double-checking those addresses has never been more critical. Stay vigilant out there, folks.
