2025 Crypto World Silly News Released: When Hackers Steal, Founders Fake Death, Wallets Auto Zero Out

The crypto market of 2025 has officially come to an end. Many thrilling events happened throughout the year, whether it was the US president issuing coins or epic liquidations, making 2025 destined to be extraordinary. Looking back, we pick up those absurd and silly moments from this year as Easter eggs at certain milestones, also as a memorial for you and me to have “survived” until the end in this “casino,” this amusement park, this experimental field. We hope to see the very last one, which is the origin of all the silliness this year, even more absurd than “cold wallets turning into hot wallets due to hot weather.”

TGE day, founder went missing, claiming to have lost the multisig key in northern Myanmar

In February, the DIN team announced that they had been unable to contact founder Harold for several hours and were seeking assistance from venture capital firms and media to confirm his whereabouts. According to Harold’s previous social media posts, he was suspected to be in Myanmar and claimed to have lost the multisig wallet and his laptop. Despite the founder’s temporary disappearance, the DIN team stated that the $DIN token issuance plan was unaffected. Currently, the TGE has received approval from more than two-thirds of the multisig, and is expected to launch on schedule. Some community members believe this incident brought unexpected attention to the project, while others questioned the “founder missing, wallet lost but project still launching normally” scenario, suspecting possible deliberate hype.

zk­Lend hacker clicked on a phishing site by mistake, leading to a second theft of stolen funds, hacker requests cooperation with zk­Lend to recover funds

In April, the zk­Lend hacker (the original incident occurred in February) accidentally clicked on a phishing website while attempting to use Tornado Cash, resulting in the theft of 2930 ETH. The hacker then sent an on-chain message to zk­Lend saying, “Hello, I intended to transfer funds into Tornado Cash but mistakenly used a phishing site, and all my funds were lost. I am devastated. I sincerely apologize for the chaos and losses caused. All 2930 ETH have been taken by the operators of that website. I no longer hold any coins. Please focus on those website operators to see if some funds can be recovered.”

On the same day, zkLend issued a statement saying that the phishing website had been running for over five years. At this stage, the security team had no conclusive evidence linking the phishing site and the attacker. As a precaution, zkLend has added these new wallet addresses from the phishing site into its fund tracking system for real-time monitoring, and is in contact with CEXs and authorities. The team will continue efforts to trace these funds.

Zerebro founder fakes death, posts scheduled farewell letter

In May, a clip of Zerebro co-founder Jeffy Yu shooting himself during a live stream circulated online. Many people initially saw it as a curiosity similar to the previous Pump.Fun live stunt, just another meme developer staging a “plot” to attract attention. On the afternoon of May 6, a screenshot of Jeffy Yu’s obituary spread on social media, leading people to connect it with the “suicide clip” from two days earlier.

As attention grew, the related meme token LLJEFFY’s market cap skyrocketed, once surpassing $30 million. However, on the evening of the 6th, several KOLs posted “fact-checks,” revealing that Jeffy Yu had sent a detailed letter to an early investor, indicating that this was a carefully planned “pseudo-death exit” scheme. Jeffy Yu explained that due to ongoing harassment from a former partner, malicious disclosure of personal information, and online hate, he chose to “permanently exit” by faking his death. The letter admitted this was the “only way” to prevent a sharp drop in the project’s token price. This event is considered the first “pseudo-death exit strategy” in cryptocurrency history.

Previously stole project funds, Clanker partner caught off guard at offline conference

In May, Base’s AI token launcher Clanker announced the termination of cooperation with core developer proxystudio (@proxystudio.eth). Team member Jack Dishman stated in the announcement that Clanker recently became aware of past misconduct records of proxystudio.

What makes this news a bit silly is the multiple identities of the main character. proxystudio’s real identity is Gabagool.eth, who was active in DeFi circles early on and became famous for on-chain detective work. In 2022, this on-chain detective was exposed for embezzling about $350,000 from the Velodrome team’s wallet during his tenure, and only returned the funds after community and project pressure.

Even more surreal, Gabagool was not uncovered through on-chain data again, but was recognized in person at the FarCon offline event by an old colleague—according to multiple media reports, Aerodrome founder Alex Cutler recognized proxystudio as the same Gabagool from back then, and the old case was quickly dug up that night. The Clanker team also promptly issued a “parted ways” announcement.

A Bitcoin wallet wiped out user balances

In June, multiple community users reported that their Bitcoin Lightning Network wallet Alby’s balances appeared to be deducted by the platform. Alby’s official documentation, updated in March 2025, states: “We have been notifying users for over a year to withdraw excess funds from their old Alby accounts created before 2023 that use shared wallet architecture. To better manage these long-inactive accounts, after 12 months of no transactions (no completed transactions), we reserve the right to deduct all remaining balances from these accounts.”

Alby, redefining wallets.

Paxos mistakenly minted 300 trillion PYUSD tokens and then urgently destroyed them, equivalent to more than twice the total global debt

In October, stablecoin issuer Paxos minted 300 trillion PYUSD stablecoins pegged 1:1 to USD. After discovering the error, they destroyed all tokens within 22 minutes.

Based on their USD peg, the total destroyed amount reached about $300 trillion. In comparison, according to IMF data, this amount exceeds the total GDP of all countries worldwide by more than double.

Blockchain can solve global debt issues in just one minute.

Artists who can’t draw candlesticks are not good traders

Quantitative trading is being ground into the dirt. When the copycat traders can freely draw lines, the candlesticks you see are like:

Eclipse: We have no users

Since its inception, Eclipse has experienced multiple events that attracted community attention, whether it was the founder involved in a sexual assault scandal or multiple leadership and CEO changes. Not long ago, Eclipse posted on social media claiming that Eclipse was a sociological study conducted by Harvard University over 36 months. “Our research is now complete. Thank you for your cooperation.” Now, they are up to their tricks again. Under a post introducing a new project ETHGAS, the official Eclipse account bluntly stated, “We have no users.”

Trump’s wife issues coins

Everyone stand up.

No words can describe how silly it is that Trump’s wife issued her own token MELANIA in the middle of the night after her husband launched his coin. If there were a shame pillar in the crypto industry, MELANIA would be engraved at the very top, and it would be the shame of the shame.