Aswath Ravindran

🚨 BREAKING CRYPTO STORY — MASSIVE BITCOIN ERROR AT BITHUMB
🇰🇷 South Korea’s 2ndlargest exchange accidentally credited users with 620,000 BTC (~$40 bn) during a promotional event — far more than intended. 

📍 The event (Feb 6, 2026):
• Bithumb meant to give users a small reward in Korean won (~₩2,000 ≈ $1.40).
• Instead, due to a clerical unit entry mistake, the system credited 620,000 BTC into hundreds of accounts. 
⚠️ The error briefly allowed phantom Bitcoin 🔄 to appear on balances and even trade in the internal order book, causing a price slump of up to ~17 % on Bithumb before it froze trades and withdrawals. 

📊 RECOVERY & IMPACT
✔ Bithumb recovered ~99.7 % of the 620,000 BTC after freezing accounts and reversing the credits — most of the phantom BTC disappeared from the system. 
✔ About 1,788 BTC (~$125 M) were sold / withdrawn before the freeze, and roughly 125 BTC (~$9 M) remain unrecovered. 
✔ Regulators view the incident as a systemic risk issue, leading to investigations and emergency hearings by South Korea’s Financial Supervisory Service (FSS). 

📌 Officials have said the glitch isn’t a hack — it was a human + system control error, exposing deep weaknesses in internal exchange accounting and verification processes. 

📌 KEY TAKEAWAYS
• A simple data entry error turned into a ~$40 bn crypto mistake.
• Nearly all funds were recovered, but a small portion remains unrecovered.
• Regulators are holding hearings & probing exchange safeguards.
• The case highlights risks of internal controls on centralized platforms.

— Aswath Ravindran

#CryptoNews #bitcoin #Bithumb #error #blockchain

🚨 BINANCE SQUARE POST — BREAKING UPDATE

🚨 US MILITARY SHOTS DOWN IRANIAN DRONE NEAR USS ABRAHAM LINCOLN

🇺🇸 A U.S. F-35 fighter jet intercepted and destroyed an Iranian Shahed-139 drone that approached the American aircraft carrier USS Abraham Lincoln in the Arabian Sea 🇸🇦. 

📍 The drone was flying toward the carrier before being engaged.

📍 No injuries reported.

📍 Incident confirmed by U.S. officials to Reuters and other outlets. 

🌍 Context: This occurred as Iranian naval activity and drone operations have increased near major waterways, raising U.S.–Iran tensions. 

— Aswath Ravindran

#USNavy #iran #Drone #USvsIran #AswathRavindran

🚨 TOP BLOCKCHAINS BY TRANSACTIONS — 2025

🥇 Solana Chain $SOL  — 121 B
🥈 BNB Chain $BNB  — 5.6 B
🥉 Tron $TRX  — 3.2 B
4️⃣ Near — 1.9 B
5️⃣ Aptos — 1.9 B
6️⃣ Stellar — 1.5 B
7️⃣ Polygon — 1.4 B
8️⃣ Injective — 1.4 B
9️⃣ TON — 839 M
🔟 Ethereum — 524 M

📊 Measured by total on-chain transactions in 2025
 Same methodology across all networks

📌 Quick Note:
High transaction count → real network usage and adoption.
Solana’s 121B dwarfs most others by a wide margin.

— Aswath Ravindran

#Blockchain2025 #solana #BNBChain #TronNetwork #CryptoData

🚨 BREAKING NEWS — MICHAEL BURRY ALERT

The man who predicted the 2008 Housing Crash is back with another MAJOR warning 👀

🏠 2008:
Michael Burry shorted the subprime mortgage market when no one believed him — and the crash proved him right.

🤖 2025:
Burry now warns that the AI & Tech sector may be in a massive bubble, driven by sky-high valuations and accounting tricks.
He has even placed put options against major AI stocks.

⚠️ Is history about to repeat???

Burry thinks the market is ignoring real risks again.

—

🔶 Post by : Aswath Ravindran
🔶 Stay informed. Stay ahead.

#MichaelBurry #TheBigShort #AI #AswathRavindran #markets

🚨 BREAKING: BtcTurk exchange Sees $48M of Suspicious Outflows Amid Hack Fears

• A major red flag was raised by Cyvers Alerts — $48M worth of crypto assets moved abruptly from BtcTurk.

• Assets affected include ETH, AVAX, ARB, BASE, OP, MANTLE & MATIC.

• BtcTurk has responded by halting all crypto deposits & withdrawals while it investigates the potential breach.

Stay alert and be cautious where you store your digital funds.$BTC

#CryptoSecurity #btctürk #ExchangeHack #blockchain #AswathRavindran

🚨 BREAKING: 🇺🇸 Federal Reserve holds interest rates steady at 4.25% - 4.50% for Fifth consecutive time.

🗓️ As widely expected, the Fed chose not to cut rates during its latest policy meeting.

💬 Jerome Powell reiterated that while inflation is easing, the Fed is not ready to cut until stronger signs of economic slowdown or sustained price stability emerge.

📉 Traders now await signals for potential cuts in Q4 2025, as pressure mounts from markets and political figures.

#FederalReserve #fomc #JeromePowell #CryptoMarkets #AswathRavindran

🚨 BREAKING UPDATE: Jerome Powell Under Fire 🔥 & Remaining Put

• Economists call for resignation to safeguard Fed autonomy.

• Treasury supports continuity—no need to step down now.

• Powell speaks today, shifts focus to bank capital—not monetary policy pauses.

• Trump intensifies pressure, but Powell remains in office.

• All eyes on July 29–30 Fed meeting for rate clues.

🔍 Sources: Reuters, Business Insider, Bloomberg

🖋️ By Aswath Ravindran

#FederalReserve #JeromePowell #MonetaryPolicy #BinanceSquare #AswathRavindran

🚨 BREAKING

Standard Chartered launches BTC & ETH spot trading for institutional clients 🌍🏦

💼 This move makes it the first G‑SIB bank to provide regulated and deliverable spot crypto trading(BTC/USD, ETH/USD).

📈 Accessible via existing FX platforms and interfaces.

🔜 Plans to roll out non‑deliverable forwards (NDFs) soon for enhanced market coverage.

📌 Source: Reuters, CoinTelegraph, CoinDesk

🖋 By: Aswath Ravindran

#CryptoAdoption #bitcoin #Ethereum #InstitutionalCrypto #AswathRavindran

🚨 Ethereum Breaks $3,000 Barrier!

💥 $ETH has touched $3,000 for the first time since January 2025.

📈 Analysts predict a breakout toward a new ATH of $5,000, surpassing the previous high of $4,800 (2021).

🔁 ETH has tested the $4,000 mark three times since 2021 ATH of $4800. This time, momentum and market sentiment hint at a possible rally.


Will Ethereum follow Bitcoin’s lead and hit a fresh all-time high?

#ETHBreaks3k #Ethereum #AswathRavindran #altcoinseason #ETHto5K

Post by
🧠 Aswath Ravindran

🚀 JUST IN:

Bitcoin smashes through $BTC $113,000+ New All Time High  🟡


📈 BTC is now at $113,400, up 3.5% in the past 24 hrs.

📊 Institutional momentum fueled the rally—mass ETF inflows + $340M in short liquidations.

🥂 The Trump administration’s pro-crypto sentiment added fuel to the fire!

— By #AswathRavindran

#bitcoin #ATH #CryptoNews #BTC #CryptoRally

🚨 JUST IN
Emirates partners with Crypto.com for crypto payments 🌍✈️

🇦🇪 Emirates airline has signed a preliminary agreement with Crypto.com, paving the way to book flight tickets using Bitcoin and other major cryptocurrencies—starting next year.
Dubai Duty Free is also joining the initiative, aligning with Dubai’s D33 vision to become a leading digital economy hub.   

🌟 That means—yes—you’ll soon be able to book Emirates flights with crypto! A major leap in travel payments for tech-savvy tourists.

⸻

🛫 What This Means :
• 🌍 Seamless crypto payments for flights & shopping
• 💳 No need to convert to fiat—just pay directly
• 💰 Rewards and exclusive deals via Crypto.com Card

⸻

🎯 By Aswath Ravindran

🔍 Sources: Reuters, Crypto.com, CNBC

#emirates #CryptoPayments #DubaiCrypto #CryptoTravels #AswathRavindran

🚨 BREAKING

Elon Musk launches a new political party in the U.S. 🗳️⚡️

🇺🇸 Amid growing tension with President Trump, Elon Musk has officially announced the formation of a new political party — marking a seismic shift in the American political landscape.

💥 This move follows a heated public fallout, where Trump criticized Musk, and Elon responded with bold accusations and calls for political change.

🔧 The new party is expected to prioritize:

=> Free speech & censorship resistance
=> Crypto and blockchain adoption
=> AI regulation & innovation
=> Economic independence from legacy systems

📢 “Without me, Trump would have lost the election,” Musk had said — hinting at long-brewing friction now erupting into political action.

🧠 This is a first-of-its-kind political leap by a tech billionaire with influence over financial markets, crypto, and media.

🧾 Official Source: X.com/@elonmusk

🎯 Compiled by: Aswath Ravindran

#ElonMusk #TrumpVsMusk #CryptoPolitics #USPolitics #AswathRavindran

📢 JUST IN:
Bitcoin overtakes Google to claim the 6th spot among global assets

🚀 With a market cap now at $2.13T, Bitcoin ranks just behind gold, Nvidia, Microsoft, Apple, and Amazon—surpassing Alphabet to seize the sixth position.

🌍 Top 10 Largest Assets in the World by Market Cap 💰📈
(Including Companies, Commodities & Crypto)

📊 TOP 10 LARGEST ASSETS IN THE WORLD (By Market Cap)
🗓️ As of Today

1️⃣ 🥇 Gold 🌍 — $22.07 Trillion
2️⃣ 💻 NVIDIA 🇺🇸 — $3.80 Trillion
3️⃣ 🪟 Microsoft 🇺🇸 — $3.68 Trillion
4️⃣ 🍎 Apple 🇺🇸 — $3.00 Trillion
5️⃣ 📦 Amazon 🇺🇸 — $2.31 Trillion

6️⃣ ₿ Bitcoin 🌍 — $2.12 Trillion $BTC

7️⃣ 🔍 Google (Alphabet) 🇺🇸 — $2.10 Trillion
8️⃣ 🥈 Silver 🌍 — $2.02 Trillion
9️⃣ 📘 Meta (Facebook) 🇺🇸 — $1.83 Trillion
🔟 🛢️ Saudi Aramco 🇸🇦 — $1.57 Trillion
📌 BTC is now the 6th largest asset in the world!

🧠 Compiled by: Aswath Ravindran

🟢 Bitcoin has flipped Google!

Crypto is now side-by-side with global giants 💥

📌 Source: companiesmarketcap.com

💬 Which one shocks you the most?


#GlobalAssets #bitcoin #CryptoVsStocks #marketcap #AswathRavindran

🚨 SECURITY ALERT: SparkKitty Malware Steals Crypto Seed Phrase Screenshots 🐱🔓

Cybersecurity firm Kaspersky confirms that SparkKitty malware has infiltrated iOS & Android apps—even in official stores like App Store & Google Play—to secretly steal gallery images. The goal: grab screenshots of crypto wallet seed phrases.

How to Protect Yourself:
✅ Don’t store seed phrases as screenshots—write them on paper.
✅ Only install verified apps from trusted developers.
✅ Use antivirus tools and enable Play Protect.

Stay safe and always double-check permissions! 🔐

Post by: Aswath Ravindran

#CryptoSafety #security #SparkKitty #SeedPhraseSafety #BinanceSquare $

📢 President Trump:
“Congratulations world, it’s time for Peace!”

🇺🇸🇮🇷 Latest Update:
Donald Trump stated that Iran had a weak response to the destruction of their nuclear facilities.

“14 missiles were fired — 13 shot down and 1 ignored as it posed no threat. No Americans were hurt and damage was minimal.”

He also thanked Iran for their advance notice that prevented any casualties, and hoped that both sides can move towards peace and harmony.

💬 Key Takeaway:
With tensions de-escalating, global markets and communities look forward to stability. ✌️

#TRUMP #iran #Israel #Geopolitics #breakingnews

🗓️ JULY 6, 2025 — TRUMP vs ELON TIMELINE

🚨 8:00 AM EST
🇺🇸 President Trump says he's "very disappointed" with Elon Musk.
🚨 8:25 AM EST
Trump says: "I don’t know if I’ll continue to have a great relationship with Elon."
🚨 9:00 AM EST
Trump adds: "I asked Elon to leave, and he just went CRAZY."
🚨 9:40 AM EST
Trump: "The easiest way to save money… is to terminate Elon’s governmental subsidies & contracts."
🚨 10:10 AM EST

🇺🇸 Elon Musk fires back:
"Without me, Trump would have lost the election."
🚨 10:50 AM EST
Musk drops a bomb:
"Trump is in the Epstein files. That’s why they’re not public."
🚨 11:30 AM EST
President Trump says he doesn’t mind Elon turning against him.
🚨 12:00 PM EST
BREAKING: Elon Musk agrees Trump should be impeached, endorses JD Vance as a replacement.
🚨 1:00 PM EST
Musk warns: "Trump’s tariffs will cause a recession in the second half of 2025."

📉 MARKET IMPACT
— Tesla $TSLA plunged 14% 📉
— Tesla’s Market Cap: $150+ Billion wiped out
— Elon Musk’s Net Worth: dropped by $34 Billion
— 🔻 Crypto Liquidations: $285M liquidated in 60 mins due to market panic.

🧠 This rare public clash between a former President and one of the world’s wealthiest men has sent shockwaves across financial and crypto markets.

#TRUMP #ElonMusk #Tesla #CryptoNews #AswathRavindran

🚨 BREAKING

JPMorgan to Accept Bitcoin & Crypto ETFs as Loan Collateral

📊 In a landmark decision, JPMorgan Chase will allow clients to use Bitcoin and crypto ETFs, starting with BlackRock’s iShares Bitcoin Trust (IBIT), as collateral for loans. 

This policy shift treats digital assets similarly to traditional assets like stocks and real estate in wealth management evaluations. 

🔍 Sources: Bloomberg, CryptoBriefing

🖋️ Post by: Aswath Ravindran

#JPMorgan #bitcoin #CryptoNews #usa #AswathRavindran

🚨 BREAKING

Donald Trump to Launch Crypto Wallet & Trading App

📱 Trump Media & Technology Group is set to introduce a new crypto wallet and trading platform. The app will support Trump’s own memecoin, $TRUMP , along with other popular cryptocurrencies.  

🤝 Developed in partnership with Magic Eden and powered by Slingshot, the platform aims to provide a seamless crypto experience for users. 

🔍 Source: The Block, Decrypt, Bankless Times

🖋️ Post by: Aswath Ravindran

#TrumpCrypto #CryptoNews #TRUMP #TrumpWallet #AswathRavindran #usa

🟡 JUST IN

Fed Chair Jerome Powell to Speak Today

🕒 Time:

🟢 2:30 PM EDT (New York)
🟠 7:30 PM BST (London)
🔵 11:00 PM IST (India)
🔴 1:30 AM SGT (Singapore, June 3)

📊 Market Watch:
If Powell hints at rate cuts or increased money printing, markets could see heightened volatility tonight across stocks and crypto.

⚠️ Traders globally are watching closely.

🔍 Source: Federal Reserve Board
🖋️ Post by: Aswath Ravindran

#JeromePowell #interestrates #fomc #CryptoMarket #AswathRavindran