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Bitcoin Orange Flag Planted on Mount Everest in Historic Climb

In a groundbreaking feat that merges the worlds of mountaineering and cryptocurrency, a team of climbers has successfully planted a Bitcoin orange flag at the summit of Mount Everest. This symbolic act is intended to raise global awareness about Bitcoin and its growing influence.

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In a groundbreaking feat that merges the worlds of mountaineering and cryptocurrency, a team of climbers has successfully planted a Bitcoin orange flag at the summit of Mount Everest. This symbolic act is intended to raise global awareness about Bitcoin and its growing influence.

The expedition, led by seasoned climber and Bitcoin enthusiast Michael Murakami, reached the peak of the world’s highest mountain on May 17, 2024. The team, comprising both experienced mountaineers and crypto advocates, embarked on the journey with the goal of highlighting Bitcoin’s resilience and revolutionary impact.

“Reaching the summit of Mount Everest and planting the Bitcoin flag is a testament to the determination and spirit of the Bitcoin community,” said Murakami. “Bitcoin is a revolutionary technology that continues to push boundaries, much like the climbers who take on Everest. This act symbolizes the limitless potential and global reach of Bitcoin.”

The initiative was supported by several prominent figures in the cryptocurrency space, who provided funding and logistical assistance. The climb was meticulously planned, taking into account the extreme weather conditions and the physical challenges posed by the ascent.

The planting of the Bitcoin flag on Everest is more than just a symbolic gesture. It represents the cryptocurrency’s journey from obscurity to mainstream recognition and adoption. As Bitcoin continues to face scrutiny and challenges from regulatory bodies worldwide, this act serves as a reminder of the community’s unwavering commitment and belief in the technology’s future.

Social media buzzed with excitement as photos and videos of the flag at Everest’s summit began circulating. The Bitcoin community celebrated this historic moment, seeing it as a milestone that underscores the global nature of the cryptocurrency movement.

While the act of planting a flag might seem simple, the message it conveys is profound. It highlights the reach and impact of Bitcoin, transcending geographical and physical barriers. As the cryptocurrency landscape continues to evolve, such symbolic acts play a crucial role in fostering a sense of unity and purpose within the community.

This remarkable achievement not only elevates Bitcoin’s profile but also serves as an inspiration to those who believe in pushing the boundaries of what is possible, both in the physical world and the digital realm.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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