2024 Cryptocurrency NFT News Revealed

By: blockbeats|2024/12/31 15:15:05
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Once again, the crypto community's annual meme news has arrived (skipped 2022 because, well, 2022 was just too tough), and this year has brought many remarkable moments that made everyone stand up. Wishing you all a happy new year and continued financial success in 2025.

Renzo's Statistics Graduate

On April 23, the staking project Renzo announced its airdrop rules. In Renzo's initial announcement, the token distribution pie chart resembled a statistics textbook. The allocation to Binance Launchpool and Liquidity, two 2.5% shares, was almost indistinguishable from the 20%, while the "half" at the bottom was 62%. The community bluntly stated that this was "chart crime, no different from tokenomics fraud."

2024 Cryptocurrency NFT News Revealed

Major S-Named Project Launches Epic Candlestick Chart

After closing the pre-trading session on Binance, a major S-named project officially opened for trading, with a candlestick chart that was momentarily indecipherable as to whether it was a rise or a fall, a rare sight in history.

Project Employs 4 Developers Online, Only to Discover They Are All the Same North Korean Hacker

On March 27, the Blast ecosystem project Munchables was hacked for $62.5 million. According to blockchain detective ZachXBT's investigation, it was because one of their developers was a North Korean hacker, and the four different developers employed by the Munchables team all had connections to the attacker, likely all being the same person. They referred each other to work in this field, regularly transferred payments to the same two deposit addresses on exchanges. The wallets of the "four individuals" showed transactions among themselves.

By annual earnings, the North Korean hacker should be earning more than many publicly traded companies.

Well-Known L-Named Cross-Chain Project Calls for "Witches" to Surrender Themselves, a Historical First

On May 4, a well-known L-named cross-chain project released an announcement stating that users identified as witches could voluntarily surrender, providing their witch addresses to receive the original 15% allocation. If they do not surrender voluntarily and are discovered later, their entire allocation will be forfeited.

That's not all; the project team stated that whistleblowers must provide at least 20 clearly identified addresses involved in witch operations, and rewards will be prioritized for the first user to successfully submit. Subsequently, they further updated the reporting mechanism, introducing a collateral system.

This is truly unprecedented.

Cryptocurrency Custodian Company Copper Apologizes for Serving Naked Sushi at Event

A source close to Copper said the models, one male and one female, were wearing swimwear and added that it was "very flashy...".

Looks like the project team really made a lot of money this year.

Slerf Founder Accidentally Burns Tokens and LP, Internet Learns the "Oh Fuck" Lesson

On March 18, Slerf project founder @Slerfsol posted on X platform, admitting to mistakenly destroying LP and airdrop reserve tokens, revoking minting rights, feeling helpless, and even shedding tears of true emotion in Space.

What was thought to be the end of the MEME project SLERF, which raised over 50,000 SOL, turned into a record-breaking moment. In just 30 minutes, SLERF's market cap exceeded a billion, surpassing BOME's previous 9-hour record, establishing SLERF as the new meme king. Subsequent encounters with meme token burns are now dubbed with the Slerf narrative for community engagement.

Setting Himself on Fire for Entertainment

In a previous event on Pump.Fun, a dev immersed himself in isopropyl alcohol and livestreamed fireworks being launched at himself to pump up the meme coin's value. The token price surged 2000% within hours, reaching a $2 million market cap. However, due to a lack of necessary fire safety measures, he was engulfed in flames instantly, suffering third-degree burns and hospitalized, rendering him unable to sell the tokens. Upon recovery, he found himself unable to use his hands properly, and even facial recognition on his phone failed to recognize him. Later, this dev exited the project, most likely without having sold the tokens in time.

Easter Egg: Selling High to Fly Forever

On March 8, a WIF developer sold 29,000 WIF worth $2.9 million (511 SOL) within 2 days of WIF's launch, which is now valued at $693 million.

The German government previously held 49,858 bitcoins and sold its holdings in July for $2.89 billion, at an average price of $57,900. After Bitcoin surpassed $100,000, the German government missed out on nearly $3 billion in profit.

On September 28, a trader spent 196 SUI (worth $368) to purchase 25.3 billion HIPPO tokens. In less than a day, the user sold all HIPPO tokens at a price of $7,500, with the total value exceeding $30 million a week later.

On October 10, a trader spent 2.07 SOL to purchase 21.26 million GOAT tokens, sold them at a price of 2.8 SOL, and earned only 0.7 SOL ($108). A week later, the value reached $8.9 million.

On November 13, a trader spent 8 SOL ($1,392) to buy 19.4 million Pnut tokens, then sold them at a price of 4.09 SOL ($711), resulting in a loss of $681. These Pnut tokens are now worth over $24.69 million.

On November 17, a trader once spent 19.8 SOL ($3,000) to buy 59 million FARTCOIN tokens but later sold them for 7.16 SOL ($1,100), resulting in a $1,900 loss. These FARTCOIN tokens are now worth over $18.42 million.

On November 21, a trader sold early CHILLGUY chips obtained for 1 SOL at a price of 1.6 SOL, from which they bought 33.95 million CHILLGUY tokens. These tokens are now worth over $10 million.

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.


Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.


Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps


Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.


The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position


The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.


Social-Native Trading: Strategy and Execution Completed in the Same Context


Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying


On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.


By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.


Referral Mechanism: Non-institutional users can receive up to 60% fee split


Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings


This model aims to drive user-driven network expansion and organic growth.


Self-Custody Architecture and Built-in Privacy Mechanism


Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:


· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure


The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.


A New Path for On-Chain Derivatives


Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.


The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.


Regulatory Background


Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.


This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."


The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.


About Mixin


Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.


Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication


Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.


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