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Elon Musk has triggered a meme coin outburst after changing his X profile name to “Kekius Maximus,” triggering a 120% rally in the frog-themed token. Created by Musk’s followers last year in response to his initial profile name change, the Kekius Maximus (KEKIUS) token surged to $0.055 in the past 24 hours, up from an average of $0.025. According to CoinMarketCap, KEKIUS’s trading volume spiked 285% to over $32.6 million during the same period. While not considered among the top meme coins to watch this May, the sudden spike has temporarily pushed KEKIUS into the spotlight. Musk has a track record of influencing digital tokens through his social media posts, which date back to his early support of Dogecoin. When he acquired X (formerly Twitter) in 2021, he briefly replaced the platform’s icon with Dogecoin’s logo, causing a notable price bump. While Dogecoin and Shiba Inu remain Musk’s most widely associated tokens, his uptake of Kekius Maximus marked a new meme trend based on frog culture. The revival of KEKIUS comes as part of a broader wave of activity in meme markets. Shiba Inu has increased by 1.09% to $0.00001477 and the market cap for meme coins in general is up by 1.06% to about $69 billion. Musk’s endorsements have historically sent tokens like Dogecoin (DOGE) soaring, but his recent “Gorklon Rust” stunt shows a noticeable decline in influence. Musk switched his profile name to “Gorklon Rust” on X and changed his profile picture to one with a GORK theme on May 4, which led to a surge in the Solana-based GORK meme coin. But the coin did not break the $100 million market cap barrier. “Pretty wild how not even Elon Musk making his pfp has an effect anymore. GORK soared from a market cap of $45 million to $75 million and since has slid back to approximately $65 million,” one analyst noted . Many community members shared that sentiment, suggesting that Musk’s power to move the markets might be waning. The analyst noted the state of alt liquidity, emphasizing that even with 200 million followers, Musk’s promotion of a meme coin barely pushed it past $50 million in market cap. This trend isn’t isolated. In February 2025, Musk’s brief rebrand to “Harry Bōlz” led to the creation of the HARRYBOLZ token, which only managed to hit a $9.5 million market cap. Similarly, in December 2024, when he changed his X username to “Kekius Maximus,” the KEKIUS token peaked at just over $88 million. Not even after Musk tweeted a “Dogefather” meme that led to a flood of posts to token sale sites and the creation of tens of similar-named tokens, did a single one come close to surpassing the $100 million threshold. This stands in stark contrast to his former sway. In 2020–2021, Musk’s repeated endorsements of DOGE led to huge rallies that swelled to tens of millions and billions in value. At the time, other meme coins rallied on Musk’s endorsements, but today, the returns are much more subdued. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

Coinbase Global Inc., the largest US-based cryptocurrency exchange, disclosed a data breach that compromised the personal information of a select group of customers, including prominent figures in the tech industry. The breach, which the company estimates could cost up to $400 million in remediation and reimbursements, involved cybercriminals bribing overseas customer service representatives to gain unauthorized access to sensitive user data. Among the Coinbase Global Inc. customers whose personal information was compromised in a hack of the exchange was Sequoia Capital Managing partner Roelof Botha, a person familiar with the matter said. The source, who requested anonymity due to the sensitive nature of the information, confirmed that details linked to Botha’s Coinbase account—including his phone number, address, and other personal data—were compromised. Coinbase revealed on Thursday that attackers had paid off customer service representatives in India with cash to obtain client information illicitly. Bloomberg News reported that the stolen content contained names, dates of birth, addresses, nationalities, government ID numbers, some banking data, and information about the creation dates and balance of accounts. The hackers later asked for $20 million in ransom from Coinbase to not disclose the breach, which was an extortion attempt that the company declined. Coinbase said in an interview with Bloomberg that strange logs from some of its customer service representatives were noticed as early as January. Coinbase CEO Brian Armstrong said the company was refusing to pay the ransom and would instead offer a $20 million bounty for anyone who provided information that led to the attackers’ arrest. The fact that the attackers obtained Botha’s previously unreported information suggests they were specifically targeting wealthy and influential individuals. Botha is a member of the so-called PayPal Mafia, a group of former PayPal employees that includes notable figures like Peter Thiel and Elon Musk. He joined Sequoia, one of the world’s leading venture capital firms, in 2003, where he made early investments in companies such as YouTube and Instagram. He became the firm’s senior steward in 2022. Coinbase declined to comment on the incident. Botha did not respond to requests for comment, and Sequoia Capital also declined to speak on the matter. According to the source, some Coinbase customers received alerts last weekend notifying them that their information may have been improperly accessed. The cyber attack comes days before the US company is set to join the benchmark S&P 500 index, a landmark moment for the crypto industry. It also reflects how, as it grows, the industry has increasingly become a target for cybercriminals. A report from research firm Chainalysis suggests funds stolen from crypto businesses totaled $2.2 billion in 2024. The security of crypto executives has become an increasing concern as the industry gains visibility. On Friday, France’s interior ministry convened a group of industry leaders to outline immediate measures aimed at curbing a recent wave of kidnappings targeting crypto executives. These actions include special security checks at the homes of crypto leaders and tailored briefings for them and their families. This meeting followed a failed daylight kidnapping attempt targeting the daughter and grandson of the CEO of Paymium, a cryptocurrency exchange based in Paris. Before this, the father of another crypto millionaire was abducted but released two days later. The cryptocurrency sector has long been a target for hackers. In February, suspected North Korean attackers exploited the Bybit exchange, resulting in a $1.5 billion breach that security experts described as the largest of its kind to date. KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage

Daily Crypto Insight– May 17, 2025 Today’s crypto market is showing a blend of cautious consolidation and early signs of bullish momentum. While Bitcoin struggles to hold key levels, Ethereum and several altcoins are flashing signals that could point to a broader market shift. Let’s dive into what’s shaping the market and the biggest stories driving investor sentiment. Bitcoin: Struggling Against Resistance Bitcoin is trading around $102,980 after slipping slightly from earlier highs. Despite a mild 0.19% pullback, analysts are closely watching the $105,000 level, where nearly $120 million in sell orders sit. This price zone is acting as a strong resistance. If bulls manage to push past it, we could see a fresh rally. But for now, the market appears hesitant, waiting for a clear breakout confirmation. Ethereum: Gaining Strength in the Shadows Ethereum is currently priced at $2,485 and gaining attention as it begins to decouple from Bitcoin. The ETH/BTC ratio has jumped 38% from a five-year low, signaling potential accumulation. This rebound suggests that Ethereum may have bottomed out and could lead the charge in a possible altcoin season. If this momentum continues, Ethereum could be setting the tone for broader market recovery. Altcoins and Meme Coin Movement Meme coins are once again in the spotlight. Elon Musk’s playful change of his X handle to “Kekius Maximus” sparked a 119% surge in the KEKIUS coin. It’s another example of how social sentiment can instantly shake up market behavior. Meanwhile, other altcoins like Cardano and XRP are holding relatively steady, awaiting stronger signals from Ethereum and Bitcoin. FTX Creditors Set for Major Payouts In a significant development for affected investors, FTX has announced it will distribute over $5 billion to creditors by the end of May. Payouts are expected to range between 54% and 120% of claims. This news has injected a dose of confidence back into the ecosystem and may ease some of the lingering distrust around centralized exchanges. JP Morgan Bullish on Bitcoin’s Future In traditional finance, JP Morgan has made a bold prediction: Bitcoin is expected to outperform gold in the second half of 2025. The bank’s analysts point to growing institutional adoption and increased capital rotation from gold into crypto assets as key drivers. This aligns with the long-term narrative of Bitcoin evolving into a digital store of value. DeFi Keeps Building On the decentralized finance front, Uniswap has surpassed $3 trillion in total trading volume, while Aave boasts over $25 billion in TVL. MakerDAO is also making waves by transitioning to the SKY token to enhance its governance. Despite macro uncertainty, the DeFi sector continues to mature with solid growth in usage and development. Web3 and AI Are Merging Web3 AI is turning heads after raising $4.1 million in its presale. Its pitch is simple but powerful: AI-powered tools tailored for crypto traders. As AI continues to reshape industries, its integration with Web3 could unlock smarter, faster decision-making for investors navigating complex markets. On the Global Stage Ukraine is exploring the idea of holding a strategic Bitcoin reserve, potentially signaling a shift in how nations view crypto as part of their financial playbooks. Meanwhile, in the United States, lawmakers are preparing to vote on new stablecoin legislation that could define how these digital dollars fit into the future of global finance. Final Thoughts Today’s market may seem subdued on the surface, but under the hood, key shifts are underway. Ethereum’s strength, renewed institutional interest, and expanding innovation in DeFi and AI suggest that the next phase of the crypto cycle could be closer than it appears. For traders and investors, this is a time to stay sharp, informed, and ready for the opportunities that follow uncertainty.

Artificial intelligence (AI) is now ubiquitous. Its capabilities impress with their efficiency. However, in the hands of malicious individuals, it can quickly turn into a powerful tool for harm. The FBI has recently focused on a worrying phenomenon: scammers using AI to create vocal and visual deepfakes. These convincing fakes are used to manipulate and steal sensitive data. The American agency warns about these new threats, which affect public figures and key players in crypto. Since April 2025, the FBI has observed a rise in attacks combining smishing, vishing, and deepfakes. These techniques rely on fraudulent text messages and AI-generated synthetic voices. Scammers impersonate high-ranking American officials to deceive their victims. This strategy establishes a trust relationship before attempting to steal sensitive data. The FBI warns: If you receive a message claiming to come from a high-ranking American official, do not assume it is authentic. The issue goes beyond simple data theft. Once accounts are compromised, hackers use the recovered contacts to target other victims. This chain propagation threatens the integrity of entire government networks. Furthermore, scammers often direct victims to controlled platforms where malicious links siphon off credentials and passwords. The FBI recommends increased vigilance, especially regarding unknown links or unusual requests. Deepfakes do not only affect governmental spheres. Several crypto industry leaders have revealed they are targeted by these attacks. Sandeep Nailwal, co-founder of Polygon, recently shared his alarming experience. Impostors hacked a collaborator’s Telegram account and organized fake Zoom videoconferences. These meetings included deepfakes of Nailwal and other key members. The attackers then requested the installation of malware, endangering the participants’ devices. This sophisticated method relies on AI to falsify voices and images, making scams difficult to detect. Nailwal warns: Never install anything on your computer during an interaction initiated by someone else. This warning reflects the urgency to adopt cautious behavior in the face of these new forms of fraud. Other personalities, such as Dovey Wan , confirm the alarming rise of these criminal-use deepfakes. Faced with these threats, the FBI provides practical recommendations to reduce risks. Here are the key tips to remember: These measures may seem basic, but they constitute a first line of defense against the exploitation of AI by criminals. Additionally, it is advised to reserve a device dedicated solely to managing crypto wallets. This precaution limits the risks related to accidental malware installation. The FBI reminds that AI technology, while powerful, requires constant vigilance. Deepfakes, cleverly combining images and voices, gain realism and complexity. It thus becomes essential to educate and raise awareness among professionals and the general public about these dangers. Deepfakes have already caused famous victims, Elon Musk notably, illustrating the scale of the global phenomenon. AI, a double-edged sword, disrupts the rules of digital trust. In this context, innovative solutions are emerging. Among them, Verify , a tool developed jointly by Fox and Polygon. This blockchain-based system aims to authenticate content and communications, offering an effective shield against AI manipulations. It stands as a promising avenue to preserve integrity in a rapidly evolving digital world.

Musk Changes X Nickname Back to "Elon Musk"