Good Morning Crypto Enthusiasts!

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

1. Zerebro Dev's Death Questioned: Speculation surrounds Jeffy Yu's alleged suicide after suspicious wallet activity, an unverified letter, and a removed obituary.

2. Voltage Hacker Moves Stolen ETH: A dormant wallet tied to the 2022 Voltage Finance hack moved $182K in ETH to Tornado Cash.

3. 💡Feature of the Day - Coinbase Scam Losses Hit $330M: ZachXBT reports $45M lost to Coinbase scams this week, bringing yearly total to $330M. Most involve fake support agents.

   
   All this and more in today’s headlines!

Start trading cryptocurrency today… GET KRAKEN!

Supercharge your trading strategies with our simple, powerful suite of crypto tools. Sign up in minutes and start trading with as little as $10.

Keep your assets and privacy safe with the highest standards of security* in crypto. Think 2FA, passkeys, and armed guards protecting the servers.

Sign Up Now

_{Not investment advice. Crypto trading involves risk of loss and is offered to US customers through Payward Interactive, Inc. View legal disclosures.}

📰 News Highlights:

Zerebro Dev's 'Suicide' Questioned [Source][Source][Source][Source][Source][Source]

Controversy surrounds the alleged suicide of Zerebro developer Jeffy Yu after a livestream showing his supposed death.

Several clues suggest the event may have been staged, including an unverified letter sent to an investor claiming it was a premeditated escape from harassment, and trading activity involving Yu's known wallets after the incident.

His obituary was removed from Legacy.com, further fueling speculation that he faked his death to leave the public eye and pursue music anonymously.

Blockchain firm Bubblemaps supported claims that $100,000 worth of ZEREBRO tokens were moved to create a new coin, LLJEFFY, shortly after the event.

Observers also questioned the authenticity of the livestream footage, suggesting it was edited.

🎁Freebie:

Download your free ebook now and take the first step toward mastering CRYPTO IN UNDER 60 MINS!

Voltage Hacker Moves ETH [Source][Source][Source]

A dormant address linked to the 2022 Voltage Finance hack moved $182K in ETH to Tornado Cash, reigniting concerns about the protocol’s past exploits.

The hacker originally stole $4.67 million by abusing a callback function in an ERC677 token through a reentrancy attack, draining multiple assets including USDC, BUSD, and wrapped Bitcoin.

CertiK confirmed the recent transaction stemmed from the same exploit.

💡 Feature of the Day: 

Coinbase Scam Losses Soar [Source][Source]

On-chain analyst ZackXBT has reported another $45 million stolen from Coinbase users in the past week through social engineering scams, bringing annual losses to over $330 million.

These scams often involve attackers posing as Coinbase support, draining user wallets through fake communications.

ZackXBT noted that no other exchange faces the same scale of issue, making Coinbase an anomaly in targeted scams.

😂 Crypto Meme of the Day: 

Meme of the day provided by @bitbo

And that’s it for this today.

See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com