Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Polter Finance's $12M Vanished: Polter Finance, a decentralized lending platform, ceased operations after a $12 million flash loan exploit targeting the BOO token market.

2. Thala Recovers $25.5M After Hack: DeFi platform Thala Labs recovered $25.5 million stolen in a v1 farming contract exploit.

3. 🪂Airdrop Essentials🎁: Get the latest airdrop now! Read UseTheBitcoin’s “Mouse ($MOUSE) Telegram Airdrop Guide” to learn more on how to qualify and participate in the Mouse ($MOUSE) Telegram airdrop!

4. RFK Jr.: Bitcoin Is "Inevitable": Robert F. Kennedy Jr., former presidential candidate and current Cabinet nominee, revealed significant Bitcoin holdings, calling it the "currency of freedom."

5. 💡Feature of the Day - Ripple-Trump Controversy: XRP surged 17% amid rumors of a meeting between Ripple CEO Brad Garlinghouse and President-elect Donald Trump.

   
   All this and more in today’s headlines!

📰 News Highlights:

Polter Finance's $12M Vanished [Source][Source][Source]

Polter Finance, a decentralized crypto lending platform, has halted operations after a $12 million flash loan exploit.

The attacker targeted a vulnerability in the BOO token lending market, siphoning funds that included Fantom, wrapped USD Coin, and sFTMX.

Despite tracing stolen assets to Binance-linked wallets, Polter’s efforts to negotiate with the hacker have so far failed.

Critics question whether the attack was an inside job, citing the filing of a police report as a potential deflection.

Polter’s pseudonymous founder, Whichghost, personally lost $223,000 in the hack and has partnered with SEAL-ISAC to track the attacker.

Thala Recovers $25.5M After Hack [Source][Source][Source][Source]

Thala Labs, a DeFi platform on Aptos, has recovered $25.5 million stolen in a farming contract exploit.

The breach, caused by a vulnerability in its v1 protocol, temporarily shook investor confidence as Thala's token, THL, dropped 35%.

Swift action by law enforcement and crypto investigators led to the hacker returning funds in exchange for a $300,000 bounty.

Thala has paused farming operations pending a comprehensive code audit.

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RFK Jr.: Bitcoin Is “Inevitable” [Source][Source]

Robert F. Kennedy Jr., the former presidential candidate and current Cabinet nominee, revealed he has invested most of his wealth in Bitcoin.

Calling it the “currency of freedom,” Kennedy has long championed Bitcoin as a hedge against inflation and a tool for government transparency.

Kennedy’s Bitcoin advocacy has also influenced his policies, such as a proposed blockchain-based fiscal system for the U.S. government.

💡 Feature of the Day: 

Ripple-Trump Controversy [Source][Source]

XRP surged 17% following speculation of a meeting between Ripple CEO Brad Garlinghouse and President-elect Donald Trump.

While Garlinghouse neither confirmed nor denied the rumors, his optimism about a crypto-friendly regulatory climate under Trump has excited investors.

Critics, however, accuse Ripple of pushing an “anti-Bitcoin agenda” and influencing policymaking in its favor.

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See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com