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Elon's Meme Magic, Siri's Secret Life, 4.6M Join Starlink's Space Internet, and BlackRock's Bitcoin Blues!
From accidental crypto millionaires to eavesdropping AI assistants, satellite success stories to ETF drama - your essential guide to the digital frontier! Mochi breaks down the biggest tech stories of the week in signature style. π
Hey there, PoI squad! π
Your favorite meme-loving newsletter writer Mochi here, ready to serve up today's hottest tech and crypto stories! From Elon's meme magic turning pocket change into millions to Siri's secret listening party - we've got some wild tales to share. Grab your favorite snack and let's dive into this rollercoaster of digital drama! π« π―
In today's lineup, we're covering everything from accidental millionaires to cosmic internet providers. We've got Apple's expensive "oopsie," Starlink's stellar growth, and BlackRock's Bitcoin drama. Let's get this digital party started! π β¨
INTEL BRIEF
π§ A trader turned $66 into $3M after Elon Musk temporarily changed his X profile to "Kekius Maximus," causing a memecoin's value to skyrocket.
π§ Apple agrees to a $95M settlement over allegations that Siri recorded private conversations without consent, offering users up to $20 per device.
π§ SpaceX's Starlink satellite internet service has grown to 4.6 million users globally, adding 1.6 million subscribers in just seven months.
π§ BlackRock's Bitcoin ETF experienced its largest single-day outflow of $333M, despite being one of 2024's top-performing ETFs.
How Elon's Profile Change Created an Overnight Crypto Millionaire
Elon Musk's brief X profile change to "Kekius Maximus" just transformed someone's lunch money into a multi-million dollar fortune! This isn't your typical rags-to-riches story β it's more like memes-to-millions!
Turned $66 into $3.05M in just 18 days, a 45,906x return!
This trader spent 0.017 $ETH($66) to buy 10.17M $KEKIUS and sold 2.81M $KEKIUS for 60.3 $ETH($201K), leaving 7.37M $KEKIUS($2.85M).
The total profit is $3.05M.
etherscan.io/token/0x26e550β¦
β Lookonchain (@lookonchain)
12:03 PM β’ Jan 1, 2025
One particularly prescient trader invested a mere $66 worth of Ethereum into the KEKIUS memecoin on December 14th. Fast forward 18 days, and that pocket change exploded into a mind-boggling $3 million when Musk embraced his inner gladiator with a Pepe the Frog-meets-Russell Crowe persona.
Brothers in Arms
β Elon Musk (@elonmusk)
9:02 PM β’ Dec 31, 2024
The memecoin's market cap is believed to have surged to $380 million at its peak on January 1st, proving once again that the crypto market has a sense of humor that rivals my newsletter puns. While the value later settled to a more modest $100.5 million after Musk returned to his regular profile, over 23,600 hopeful holders are still hanging onto their KEKIUS tokens like they're rare Pepe NFTs.
On the left Elon Musk changes his name on Twitter to βKekius Maximusβ and set Pepe the frog as his profile picture
On the right this is from the Illuminati Card game
β Vision4theBlind (@Vision4theBlind)
2:43 AM β’ Jan 1, 2025
Interestingly, some Solana-based copycats tried to hop on the bandwagon, but they couldn't match the original's momentum. It's worth noting that while this crypto comedy was unfolding, Musk was dealing with more serious matters involving a speculated explosion of a Cybertruck in Las Vegas β talk about starting the New Year with a bang!
Trader hits jackpot after buying KEKIUS tokens before Musk's profile change
KEKIUS peaked at $380M market cap, later settling at $100.5M
Over 23,600 investors still holding strong, showing the lasting power of meme magic
Hey Siri, Did You Just Eavesdrop? Apple's $95M Oopsie!
In what's being speculated as the most expensive game of "I Spy" ever played, Apple has agreed to shell out $95 million to settle claims that Siri was being a bit too... attentive. Turns out, our favorite digital assistant might have been pulling a "sorry, I didn't mean to overhear that" move more often than we'd like!
'Hey Siri, are you recording?': Apple agrees to pay $95M to settle privacy lawsuit
β USA TODAY (@USATODAY)
5:40 PM β’ Jan 3, 2025
The drama started when users noticed some suspiciously on-point targeted ads appearing after private conversations β like suddenly seeing Olive Garden ads right after discussing your pasta cravings (spooky, right?). A whistleblower spilled the beans to The Guardian, revealing that Siri had been accidentally activating and recording everything from doctor-patient convos to business deals, and yes, even some spicy personal moments (awkward!).
Here's the silver lining: if you've been chatting up Siri between September 2014 and December 2024, you might be eligible for up to $20 per device (maximum five devices). That's potentially enough for a "I'm sorry for eavesdropping" dinner at... well, Olive Garden!
While Apple admits no wrongdoing (classic!), they're offering this settlement instead of risking a potential $1.5 billion fine under the Wiretap Act. The final verdict will be delivered on Valentine's Day 2024 β because nothing says "I love you" like a class action settlement, right?
Siri allegedly recorded private conversations without the "Hey Siri" trigger
Users can claim up to $20 for each of 5 eligible Apple devices
Settlement hearing scheduled for February 14, 2024, with potential payouts for devices used between 2014-2024
Starlinks Global Internet Revolution Hits Nearly Five Million Users Worldwide
Starlink has rocketed past 4.6 million users across 118 countries! That's a whopping 1.6 million new users in just seven months β talk about a growth spurt that would make a tech startup blush.
Speaking of impressive numbers, SpaceX hasn't been sitting on its rockets. The company completed 89 launches in 2024, putting over 7,000 active satellites into orbit. And get this β about 350 of these cosmic connectors can chat directly with LTE phones.
BREAKING: SpaceX has announced that @Starlink now has over 4.6 million customers, up from 4 million in September and 3 million in May 2024.
β Sawyer Merritt (@SawyerMerritt)
3:47 PM β’ Dec 31, 2024
But hold onto your space helmets, because the future looks even brighter! SpaceX is prepping to launch their V3 satellites using their new Starship vehicle. Each launch is speculated to pack a punch of 60 terabits per second β that's 20 times more than current launches! At this rate, buffering might become as extinct as dial-up internet.
The cherry on top? Starlink hit cash-flow breakeven by the end of 2023. As SpaceX COO Gwynne Shotwell suggested, this cosmic venture could make SpaceX one of the world's most valuable companies.
4.6M users across 118 countries, with 1.6M added in just 7 months
Over 7,000 active satellites with 89 successful launches
V3 satellites coming soon with 60 Tbps capacity per launch
BlackRock Bitcoin Fund Loses 333 Million In Biggest Single Day Drop
BlackRock's iShares Bitcoin Trust (IBIT) just experienced its biggest "bye-bye Bitcoin" moment since launch, with a whopping $332.6 million heading for the exits on January 2nd. Talk about starting the year with a bang β or should I say, a bank withdrawal?
This wasn't just any ordinary outflow β it shattered the previous record of $188.7 million from December 24th (apparently, some folks wanted cash for Christmas!). Even more intriguingly, IBIT hit a peculiar milestone with three consecutive trading days of outflows, something we haven't seen before.
π¨Blackrock Sells 3510 Bitcoin
Largest ever outflow
β Thomas | heyapollo.com (@thomas_fahrer)
12:24 AM β’ Jan 3, 2025
But before you start panic-selling your crypto stash, here's some perspective: IBIT was still the third-best performing ETF in the U.S. for 2024, raking in a impressive $37.2 billion in inflows. Only Vanguard 500 and iShares Core S&P 500 performed better β not bad company to keep!
Here's final 2024 Top 20 ETF Leaderboard: $VOO ended w/ $116b which is $65b beyond old record (absurd). $IVV closed strong w $89b (bc used more than $SPY for TLH?). $IBIT took 3rd spot w $37b (still <1yr old!). Total flows at $1.14T, which broke old record by 25%, or $225b..π₯π₯
β Eric Balchunas (@EricBalchunas)
12:20 PM β’ Jan 2, 2025
Meanwhile, other players in the crypto ETF space were having a field day. Bitwise, Fidelity, and Ark 21Shares all saw positive inflows on the same day, suggesting investors might be playing musical chairs with their crypto investments rather than abandoning ship entirely.
BlackRock's IBIT lost $332.6M in a single day, the largest since launch
Despite the outflow, IBIT ranked 3rd among all U.S. ETFs in 2024
While IBIT saw outflows, competitors like Bitwise and Fidelity gained inflows
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That's all the juicy tech tea for today, PoI fam! From memecoins mooning to satellites soaring, we've covered quite the digital landscape. Remember, whether you're HODLing Bitcoin or just trying to keep Siri from eavesdropping on your conversations, you're part of this amazing tech revolution!
Until our next digital rendezvous, this is Mochi, your favorite ice cream-named tech enthusiast, signing off! π‘
P.S. Don't forget to share this newsletter with your crypto-curious friends and drop us your thoughts! Did Siri record you reading this? Let us know! π
π¨π° Catch you in the next issue! π°π¨
Intel Drop #159
Disclaimer: The insights we share here at Proof of Intel (PoI) are all about stoking your tech curiosity, not steering your wallet. So, please don't take anything we say as financial advice. For all money matters, consult with a certified professional. -