MicroStrategy's X account was Compromised

Welcome to the daily CoinSauce Newsletter, theres a lot to cover today so let’s get straight into it.

📈 Markets

📅 Today

New Day and another X account was hacked with investors losing over $500k so far

Hackers briefly hijacked MicroStrategy's X account on Sunday, using it to promote a fake token giveaway. User @Spreekaway highlighted the breach with a screenshot of the fraudulent offer.

In addition to this Blockchain researcher ZachXBT noted that the scam had already netted $440K before the post was eventually deleted.

$177k Worth of Stollen NFT Funds Has Been Returned

ZachXBT recovered most of the funds from the sale of a rare

DeGods nonfungible token (NFT), which was stolen in May 2023 after the original NFT holder fell victim to a phishing scam.

In a Feb. 24 X post, ZachXBT informed his 505,200 followers of the results of his nine-month investigation into the DeGods #3251 NFT theft, revealing that most of the funds have now been returned to the victim.

The NFT was sold in May 2023 for 99 Ether, which was worth approximately $177,000 at the time.

Source: ZachXBT

This Month Crypto Projects Have Been Caking it in Receiving over $90 Billion

As of this month, investments in cryptocurrency and blockchain enterprises have surpassed $90 billion, reports The Block Research.

This organization has been monitoring investment trends in the sector since 2017. Key investors such as Animoca Brands and Polychain Capital have contributed to the financing of over 50 new initiatives in February.

Source: The Block Research

This Week 10 tips to maximise profits in the coming bull run

Each week, Coinsauce premium subs get a exclusive opportunities in the crypto markets. As a free subscriber you're missing out! 👇

Argentine President Wants to Criminalise Central Bank Printing for Debt

In a recent interview on Todo Noticias, Argentine President Javier Milei announced plans to introduce legislation that would make it illegal for Central Bank officials to print money to cover the government's budget shortfalls.

Milei highlighted that the bill aims to criminalize the profit gained from issuing currency, known as seigniorage.

Source: Reuters

On this day, 14 years ago Satoshi changed the Bitcoin logo

On this day 14 years ago, Satoshi modified the Bitcoin emblem, integrating the "₿" into the design of the gold coin. However, this version of the logo was later substituted with the familiar one on November 1, 2010.

Most of you reading this have only ever known Bitcoin by its current logo. But this wasn’t the original design.

📊 Stats

🤣 Meme of the day

And that's a wrap for today! Thank you for tuning in for our latest updates. We hope our insights and highlights keep you informed and prepared. Don't forget to subscribe to our social media for more updates and giveaways. Until next time, happy trading!