During the previous cycle $FTM did 200x, $AXS 950x.
Even bigger SUPER-cycle is anticipated in 2024.
Here's the list of lowcaps with 1000x potential
The crypto market consistently follows a cyclical pattern, and understanding that pattern is crucial for making money.
The cycles exhibit distinct trends and often influenced by various factors, such as investor sentiment, market adoption, regulation, and more.

Each cycle is made up of four distinct phases: Accumulation, Markup (Uptrend), Distribution, and Markdown (Downtrend).
Every phase has specific characteristics that shape market behavior and guide investment strategies.

Today, we are on the brink of entering the Uptrend phase, fueled by factors like the upcoming US election, rate cuts, global adoption of ETFs, tech advancements and shifts in China's crypto regulations.
Here are the tokens expected to see substantial growth during this cycle

👉 $NMR
@Numerai is an Ethereum-based platform allowing developers and data scientists to experiment and create machine learning models with improved reliability.
➢ Sector: AI
➢ Price: $11.75
➢ Market Cap: $86M
👉 $TOKEN
Tokenfi aims to simplify the crypto and asset tokenization process and eventually become the foremost tokenization platform in the world.
➢ Sector: RWA
➢ Price: $0.06
➢ Market Cap: $60M
👉 $RVN
@Project Raven 🦅/ RVN / Ravencoin is a peer-to-peer blockchain designed to handle the efficient creation and transfer of assets from one party to another.
➢ Sector: DeFi
➢ Price: $0.015
➢ Market Cap: $223M
👉 $FLT
Fluence project is the first decentralized "Cloudless" computing platform, providing an open alternative to the giant internet cloud monopolies.
➢ Sector: AI
➢ Price: $0.27
➢ Market Cap: $23M
👉 $RIO
Realio_network is an end-to-end, blockchain-based SaaS platform for the issuance, investment, and life-cycle management of digital securities and crypto assets.
➢ Sector: RWA
➢ Price: $0.89
➢ Market Cap: $5M
👉 $PENDLE
@Pendle is a protocol that enables the tokenization and trading of future yield.
➢ Sector: DeFi
➢ Price: $2.67
➢ Market Cap: $419M
👉 $POLYX
@Polymesh is an institutional-grade permissioned blockchain built specifically for RWA.
➢ Sector: RWA
➢ Price: $0.21
➢ Market Cap: $182M
👉 $HONEY
Hivemapper is a system that incentivizes map coverage, freshness, and quality with ownership.
➢ Sector: DePIN
➢ Price: $0.064
➢ Market Cap: $149M
👉 $DUSK
DuskFoundation is a permissionless, ZK-friendly L1 blockchain protocol focused on compliance and privacy to tokenize RWA.
➢ Sector: RWA
➢ Price: $0.18
➢ Market Cap: $85M
👉 $ATH
AethirCloud is a decentralized real-time rendering network that builds scalable cloud infrastructure to enhance content accessibility in the Metaverse.
➢ Sector: DePIN
➢ Price: $0.066
➢ Market Cap: $269M
I hope you've found this article helpful.
Follow me @Bluechip for more.
Like/Repost the quote if you can.
#MarketDownturn #Binance #altsesaon #DeFi #BTC

This man is reshaping how we think about work, technology and wealth.

He predicted the success of Uber, Twitter, Notion and many others.

How to Get Rich (without getting lucky):
Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.Ignore people playing status games. They gain status by attacking people playing wealth creation games.You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.Pick an industry where you can play long term games with long term people.The Internet has massively broadened the possible space of careers. Most people haven't figured this out yet.Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest.Pick business partners with high intelligence, energy, and, above all, integrity.Don't partner with cynics and pessimists. Their beliefs are self-fulfilling.Learn to sell. Learn to build. If you can do both, you will be unstoppable.Arm yourself with specific knowledge, accountability, and leverage.Specific knowledge is knowledge that you cannot be trained for. If society can train you, it can train someone else, and replace you.Specific knowledge is found by pursuing your genuine curiosity and passion rather than whatever is hot right now.Building specific knowledge will feel like play to you but will look like work to others.When specific knowledge is taught, it’s through apprenticeships, not schools.Specific knowledge is often highly technical or creative. It cannot be outsourced or automated.Embrace accountability, and take business risks under your own name. Society will reward you with responsibility, equity, and leverage.The most accountable people have singular, public, and risky brands: Oprah, Trump, Kanye, Elon.“Give me a lever long enough, and a place to stand, and I will move the earth.” - ArchimedesFortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).Capital means money. To raise money, apply your specific knowledge, with accountability, and show resulting good judgment.Labor means people working for you. It's the oldest and most fought-over form of leverage. Labor leverage will impress your parents, but don’t waste your life chasing it.Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you.Code and media are permissionless leverage. They're the leverage behind the newly rich. You can create software and media that works for you while you sleep.
#Binance #MarketDownturn #Bitcoin #Web3

I am talking about token manipulations on Dexscreener.
Most meme coin statistics are fake.
Discover the techniques devs use to generate millions in fake trading volumes to attract and scam you
This thread is divided into two parts.

In Part ①:
We will talk about how developers can distort token statistics for their own benefit.

In Part ②:
We will look at methods for detecting such manipulations so that you can be protected from fraud.It all starts the moment you check out resources like:

· dexscreener
· DEXToolsApp

Tokens are usually arranged from the highest to the lowest volume, showcasing the most active ones upfront.
These tokens gain maximum exposure, boosting their likelihood of being bought by retail investors.

Volume and the number of holders are crucial indicators that elevate a token's position on these sites.
It's wise to consider these factors before buying in.
Yet, often these figures are artificially inflated.
How is this happening? Let's find out!

Part ①

There are different approaches to artificially inflating the number of holders and trading volume:
➬ Individual buy/sell actions (least effective)
➬ Collaborating with friends (moderately effective)
➬ Using thousands of wallets to automate the process (most effective)
The third method is the most popular choice for devs.
Yet, this technique demands
• Servers capable of running automation scripts around the clock
• A node validator to ensure smooth network traffic
• Funds to support the required transaction volume

In the past, this setup was exclusive to developers, but that's changed.
Today, public Telegram bots have made it accessible for anyone to mimic holders and volume with minimal effort.
It's a simple process: pick a package and easily set up the bot on Telegram.
Take, for example, a bot package priced at 9 SOL that delivers 1,444 wallets and allows 3 transactions/minute.
Alternatively, the 60 SOL option grants access to 4,332 wallets with a capability of 14 transactions/minute.

These operations fly under the radar on bubblemaps since the wallets aren't connected.
Plus, setting up the bot is a breeze:
• Start the Telegram bot
• Enter the token address
• Confirm by sending the payment to the designated address

Now you see the truth?
I'm not promoting a service here or trying to get you to use this thing.
Instead, I'm illustrating just how simple it is to alter these figures.
The straightforward nature of this manipulation reveals why it's so popular — there are practically no technical obstacles in the way.
Now let's talk about how to recognize this manipulation so as not to be misled.

Part ②

Understand that uncovering these tactics with tools like Bubblemaps is almost futile since the wallets involved are independent and typically not newly generated.
The same wallet could be employed to inflate volume across various meme tokens.
An approach that has proven to be both simple and beneficial is evaluating the related Telegram group.
Big trading volume should correspond to big Telegram engagement.
When the Telegram group lacks activeness (fewer messages per minute), it generally indicates the volume is being artificially boosted by bots.
Allow me to add this: you can spot a manipulative trade by examining the buy and sell actions on dexscreener beneath the token chart.
Typically, bot transactions repetitively involve the same dollar amount.
One could argue, "The Telegram group itself might be swarmed with bots," and that wouldn't be wrong.
Yet, detecting a botted Telegram group is far simpler than recognizing artificial trading volume.
Telegram bots often give themselves away with their predictable messages and profiles.
#Binance #Bitcoin #DeFi #BNB #Solana⁩

$BTC and the 1000 time waltz. While some are waiting for the bull run as a farmer is waiting for the rain after months of drought, Arthur Hayes, co-founder of BitMex, anticipates a further drop in the queen of cryptocurrencies below the $50,000 mark by this weekend. It must also be said that bitcoin, a barometer of crypto mood, has plunged below $56,000, awakening a climate of "extreme fear" (the famous Crypto Fear & Greed Index) that had not been felt for several weeks. A look back at Arthur Hayes' recent remarks.
A crypto market paralyzed by fear
The Crypto Fear & Greed Index, a key indicator that measures investor sentiment. The latter fell to 22 out of 100 on September 6, marking a return to the extreme fear zone. This sharp decline reflects the ambient nervousness in the face of the continuous decline in Bitcoin and global economic uncertainty. Since the beginning of August, this indicator has been oscillating dangerously between fear and gluttony. It fails to stabilize a clear trend.
And as if that were not enough, the price of BTC recorded a 2.7% drop in just 24 hours this Monday morning, from $58,000 to a low of $55,838 before rising slightly around $56,533 and then, at the end of the day today, falling below $54,000.Cascade of liquidations and tears of blood on the markets?
Hayes' predictions do not fall in the deaf ear: the market reacts feverishly, multiplying the liquidations of long positions on Bitcoin and Ethereum. The last 24 hours this morning saw $94.26 million in liquidations, mainly conducted by those who had bet on a price increase.
The Bitcoin and Ether long positions account for more than half of these liquidations, with more than $36 million for Bitcoin alone.

A macroeconomics that is not in favor of Bitcoin
Recent employment data in the United States, released on September 5, have also contributed to this climate of distrust. Below economists' expectations, they have accentuated fears of a lagging American economy, posing serious doubt on the future monetary policy of the Federal Reserve. Speculation about a potential drop in interest rates has only aggravated the feeling of nervousness in the markets.
Good. Note that this is not the first time, nor the last, that bitcoin makes us tremble. The Bitcoin plunge has brought with it the other major cryptocurrencies: Ether ($ETH ) fell by 2.23%, Solana ($SOL ) by 2.82% and #xrp by 2.19%.
The fall in prices has fueled a domino effect, accentuating liquidations and losses for investors who have taken bullish positions. On the technical level, the loss of the $56,000 support for Bitcoin could pave the way for a new wave of corrections. Let's keep a cool head, while the price of BTC has fallen below $55,000. Case to follow, on the Journal du Coin.
#Binance #DeFi #Bitcoin

Massive buying pressure is coming in October.
Discover where the money is headed
The FTX bankruptcy estate has recently released its final Disclosure Statement, outlining estimated compensation amounts, key dates, and the recovery plan.
I decided to dive deeper and answer the key questions
Why is that even important?
Who will be receiving compensation, and what are the amounts?
What is the distribution mechanism, and when will the compensation be issued?
What potential market impact should we anticipate?

The recovery plan isn't about refunds in $BTC or $ETH, it's about returning $16 Billion in stables specifically to dedicated crypto investors.
Naturally, a significant portion of this money will flow back into the crypto market, acting as a major catalyst for growth in Q4.
The recovery became possible after FTX reached an agreement with the U.S. government and sold major portions of crypto, company shares and other assets.
The last major sell-off was in May 2024 when FTX sold $2.6 Billion $SOL tokens at a big discount.

According to recent court filings, 98% of FTX customers will be able to receive full repayment within 60 days of a bankruptcy court approval of its wind-down plan.
The deadline for filing a claim was August 16 and the final court approval is set for October 7, 2024.

Claims from all creditors will be segregated into 2 classes
➢ Convenience Class for claims under $50,000:
Recovery: 119% of reconciled claim value
Distribution: within 60 days after the final court approval
➢ Non-Convenience Class for claims over $50,000:
Recovery: 129%-143% of reconciled claim value
Distribution: late 2024 - early 2025
All claims will also get a post-petition interest rate of 9% to compensate for the time value of their frozen funds.

FTX has yet to specify the exchange entity responsible for the distribution but made it clear that the mechanism will involve stablecoins.
Claimers will need to specify their Ethereum wallets and confirm the withdrawal of $USDC.

Once the current plan is approved, clients could start receiving payouts as early as October, providing many with the liquidity to invest in crypto.
The FTX payout event also aligns perfectly with the U.S. elections and other bullish factors, such as global ETF adoption and changes in crypto regulation in China.

The majority of affected FTX clients are retail crypto investors, meaning a significant portion of the recovered stables is likely to flow back into the crypto market.
A big chunk of it will obviously go to $BTC and dominant alts such as $ETH, $SOL and $BNB.

Additionally, FTX creditors are more likely to invest in new or trending coins rather than older alts from the previous cycle.
Here are the narratives and coins I expect to benefit the most

RWA

Real-World Assets (RWAs) are tangible assets that exist outside the digital spectrum, which can be tokenized and brought into the blockchain ecosystem.

➢ Low-cap ($1M-$50M) → $TOKEN, $RWA, $RIO
➢ Mid-cap ($50M-$500M) → $DUSK , $POLYX , $GFI, $ORAI
➢ High-cap ($500M+) → $ONDO, $OM

AI

AI tokens represent the combination of artificial intelligence and blockchain technology.

➢ Low-cap ($1M-$50M) → $ALI, $ DIA
➢ Mid-cap ($50M-$500M) → $IO, $POND, $ATH, $NMR
➢ High-cap ($500M+) → $NEAR, $FET, $RENDER
DePIN

DePIN refers to Decentralized Physical Infrastructure Networks, where blockchain and token rewards are used to build infrastructure in the physical world.

➢ Low-cap ($1M-$50M) → $FLT, $DIMO
➢ Mid-cap ($50M-$500M) → $IOTX, $HONEY, $NOS, $PHA
➢ High-cap ($500M+) → $HNT, $FIL
Memecoins

Memecoins are tokens inspired by internet memes or trends. They usually don't have any tech behind and characterized as highly volatile coins.

➢ Low-cap ($1M-$50M) → $WEN, $DEGEN, $GME
➢ Mid-cap ($50M-$500M) → $CAT, $MEW, $PONKE
➢ High-cap ($500M+) → $WIF, $BONK, $FLOKI
I hope you've found this article helpful.
Follow me @Bluechip for more.
Like/Repost the quote if you can.
#DOGSONBINANCE #TON #TelegramCEO #Binance #xrp

Durov argued that using outdated legal frameworks to hold a CEO accountable for third-party activities on a platform is flawed.
Pavel Durov, the CEO and founder of Telegram, spoken out for the first time since his arrest last month. 
His comments, delivered through his official Telegram channel, come in the wake of legal issues in France where he faces serious charges. 

Despite these challenges, Durov remains steadfast in his defense of Telegram’s privacy policies and operational practices.
Privacy Under Scrutiny
According to Durov, Telegram established channels for handling requests from law enforcement agencies. He criticized French authorities for bypassing these channels and addressing him personally rather than following established procedures. 
 
The Telegram CEO argued that using outdated legal frameworks to hold a CEO accountable for third-party activities on their platform is a flawed approach.
 
In his statement, Durov emphasized that Telegram is not an "anarchic paradise" as some media reports have suggested. He asserted that the platform actively removes harmful content, including millions of posts and channels daily. 
 
Despite its challenges, Durov maintains that Telegram strives to balance privacy and security, consistently addressing problematic content while upholding its commitment to user privacy.
“You have to take into account technological limitations. As a platform, you want your processes to be consistent globally, while also ensuring they are not abused in countries with weak rule of law,” The Telegram CEO stated. “We’ve been committed to engaging with regulators to find the right balance. Yes, we stand by our principles: our experience is shaped by our mission to protect our users in authoritarian regimes.”
Durov also hinted at potential changes in Telegram’s market strategy, suggesting that the platform may withdraw from markets that compromise its core principles. He cited previous instances where Telegram had faced bans in Russia and Iran due to its refusal to comply with government demands for user data. 
Legal and Regulatory Responses
The legal trouble for Durov began in August 2024, when he was detained in France amid an investigation into serious allegations, including child sexual abuse images and drug trafficking. 
 
Although he was granted bail, the conditions include regular reporting to police and restrictions on his movement. Durov’s arrest ignited an international debate about freedom of speech and privacy, involving figures such as Elon Musk and French President Emmanuel Macron.
#TelegramCEO #TON #DOGSONBINANCE #CryptoMarketMoves

Your weekly Wednesday column, the crypto trend, is finally back after a short break of a month! Today, the program will focus on an analysis of a particularly interesting asset, as of the previous bullrun: AAVE. For several months, the vast majority of altcoins have been operating a bearish dynamic, particularly substantial, which paves the way for new lows. However, AAVE is moving against what we usually know. It will therefore be an opportunity to review its price action over the previous months and what it will have to do in the coming weeks by defining the most likely scenarios.
An exit from the range that seems to be confirmed

AAVE price against the dollar on the weekly time unit (1W)
We have had the opportunity to analyze the technical situation of AAVE several times but until now, it was evolving in its technical range which includes a low terminal at $50 and a high terminal at 109 dollars. The year 2024 was marked by the asset's ability to stay in the upper area of the range, above the $70 technical pivot. Following the constitution of a support and several attempts to cross the range upwards, it seems that this time, it is finally confirmed!
Having approached the technical zone at $154, the current challenge still concerns the need to stay above the old high boll to build a support, which will allow AAVE to look for new heights for this year 2024. If AAVE manages to cross the technical zone, represented in gray, it will have the way open for a return to $200.
A daily upward trend

AAVE price against the dollar on the daily unit of time (1D)
On the daily time unit, we have additional information. First, note that the trend of this time unit is bullish, as well as on the weekly scale, which is a first sign in favor of buyers for the coming weeks. Following the crossing of $120 (August summit), AAVE extended its momentum, currently building a range with this level as a support and a resistance at $144.
By consolidating within this area for several days, our bias will remain bullish as long as AAVE does not return below the last rebound zone, i.e. it must avoid at all costs a reintegration of the range which would mean the strengthening of the bearish dynamic. During this month of September, it will be necessary to follow the ability of AAVE to overcome this resistance as well as the technical zone, just above, to hope for a continuity of the increase. With a rather calm bitcoin, and ethereum in a weak position, AAVE's opposite position is particularly interesting, testifying to its viability and seriousness in risk management within the DeFi.
In absolute terms, we have nothing more to add to this analysis, now providing all the language elements necessary to understand the dynamics of the AAVE course. If buyers come to come forward to start again on a new bullish leg, they will strengthen their dominance position that began in August when a particularly long range went up. Continuing its expansion towards Zksync Era, AAVE demonstrates its leading position in its branch of the ecosystem.
#Binance #BTC #ETH #DeFi

What to remember from the Mastercard and Mercuryo partnership:
Mastercard partners with Mercuryo to launch a crypto debit card in euros, allowing users to spend cryptocurrencies from self-hosted wallets.Non-custodial portfolios offer total autonomy to the user, without dependence on a centralized platform.This initiative strengthens the adoption of self-detention and aims to reduce the barriers between traditional payments and the blockchain.
When two giants ally for crypto. This is exactly what happens with Mastercard and Mercuryo. The payment giant Mastercard continues its quest to democratize the use of cryptocurrencies by partnering with Mercuryo, a crypto payment infrastructure provider in Europe. Together, they launch a debit card in euros, allowing users to spend their cryptos stored in self-hosted (non-custodial) wallets at more than 100 million merchants.
Crypto spending without custody: A paradigm shift
In recent years, Mastercard has been exploring the world of cryptocurrencies, seeking to connect the worlds of traditional finance and blockchain. After a conclusive test with the self-hosted wallet MetaMask in August, the company moves up a gear with Mercuryo. The duo is launching a crypto debit card in euros, a first that opens a new horizon for crypto users wishing to freely spend their digital assets.
As a reminder, unlike custodial wallets (where a third-party entity, such as a bank or an exchange platform, controls private keys), self-hosted wallets place the user at the center of the game. It is he who holds and secures his own private keys, without depending on an intermediary. Clearly, you are the only master on board: if you lose your keys, goodbye your cryptos!
According to Christian Rau, senior vice president of crypto and fintech activation at Mastercard, this initiative aims to simplify the experience of self-hosted wallets by removing barriers between blockchain and traditional payments.

Mastercard and non-custodial wallets: marriage of reason?
Mastercard's growing support for non-custodial wallets is part of a broader strategy: giving back power to users. Since its official entry into the crypto market in 2021, Mastercard has continued to expand its network of partners in the industry, collaborating in particular with Circle (provider of the USD Coin) and Coinbase. This new alliance with Mercuryo marks a further step in Mastercard's ambition to facilitate the adoption of cryptocurrency payments.
Raj Dhamodharan, head of blockchain and digital assets at Mastercard, explains that the complexity of transactions on centralized exchanges is pushing many investors to look for simpler and more direct alternatives.
"The obstacles to buying and selling cryptos via centralized platforms have limited both the choice and the purchasing power of users"
But be careful, this innovative card is not free. The Mastercard and Mercuryo Spend card comes with an issue fee of 1.60 euros and a monthly maintenance fee of 1 euro. In addition, a fee of 0.95% is applied on each transaction, charged by Mercuryo.
In recent years, cryptocurrencies have gradually gained ground on the international scene, shaking traditional finance players. Long considered the prerogative of technophiles and libertarians, they are now gaining the recognition of historical financial institutions, illustrated by the introduction of Bitcoin ETFs. In this changing landscape, Mastercard is emerging as key facilitators, fostering the adoption of cryptocurrencies with strategies that could reshape the way we look at money and transactions. These payment titans, long considered the guardians of traditional currency, turn out to be for our motor sector.
#Binance #Write2Earn! #BTC

(Part3) Over $300M lost to this vulnerability!
Part1
Part2
Here's a live smart contract example and learn how it works, even if you're not a dev

Re-entrancy attacks are a common vulnerability in EVM smart contracts, allowing an external contract to hijack the control flow and re-enter, potentially draining the victim's funds.
These attacks are still a significant issue in smart contract development and are taken very seriously by developers.

opular re-entrancy smart contract attacks include:
• The DAO Hack: They lost around $50M worth of ETH.
• Cream Finance: They lost over $30M worth of various assets.
• Siren Protocol: They lost over $30M worth of different assets.

Let's implement this example using Solidity smart contracts.
Don’t worry, we’ll go step by step.
I'll be using @EthereumRemix (X), a development interface where you can write, compile, test, and run code.
We’ll write some code and simulate an attack.

• First, let's create a file named "Bank.sol", which will contain all the code.
• Then, create a mapping to store the balance of each address.
Here, each address will correspond to a person's account.

Next, we’ll create a simple deposit function that allows clients to deposit money into the bank.
The smart contract here represents the bank.
Every time a deposit is made, the mapping is updated by adding the new deposit to the respective address.

We also need a withdraw function that allows depositors to withdraw all or part of their balance.
To simplify, every time the client calls this function, they will withdraw their entire balance, and we set their balance to 0 in the mapping.

Finally, we add a function that doesn't change the mapping but simply lets a client check their balance.
This is called a view function, which doesn't consume any gas because it doesn’t modify on-chain data, it only displays the requested information.

The contract seems pretty simple and, at first glance, looks unbreakable.
Let's attempt a reentrancy attack on it. We’ll build the attacker’s smart contract with a receive function that will keep withdrawing as long as the contract balance is above 1 ETH.

To finish, we’ll add a view function, getBalance, which will return the Ether balance of the Attacker contract.
Now, let's deploy everything and test if our re-entrancy attack will work.

First, we need to deploy the Bank contract:
• Start by compiling both codes.
• Deploy the Bank contract.
• Copy the deployed Bank contract’s address and use it as input to deploy the Attacker contract.
• Then, deposit 10 ETH into the Bank contract.
• Deposit 1 ETH into the Attacker contract.
• Finally, launch the attack using the attack function.

As we can see, the attack worked.
We had deposited 10 ETH with one address and 1 ETH with the attacker’s address.
In the end, the attacker’s address holds 11 ETH.

How this could have been prevented?
It could have been avoided by setting the client’s balance to 0 before sending the funds to them when they call the withdraw function.
All it would have taken is moving a single line of code.

I hope you've found this article helpful.
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Like/Repost the quote if you can.
#TON #DOGSONBINANCE #CryptoMarketMoves #TelegramCEO #USNonFarmPayrollReport

Liquid Binance The cryptocurrency market is evolving at the pace of successive revolutions that mark its development. One of them is none other than the Liquid Staking principle initially applied to Ethereum. A way to deposit your funds to collect the associated rewards, without however blocking their use in the context of ancillary activities. A financial menna that the Binance platform obviously does not want to pass. Because it has just announced the upcoming launch of a BNSOL formula, applied to Solana (SOL).
Binance launches into Solana's Liquid Staking (SOL)
The principle of Liquid Staking was initiated by the now emblematic Lido Finance protocol. With immediate success, quickly counted in tens of billions of dollars from TVL. This to the point of posing an obvious problem of too much centralization for the Ethereum network.
It must be said that the formula has everything to please. Because it allows you to deposit your ETH cryptocurrencies in staking to collect the associated rewards. But, while maintaining total control of its funds, thanks to the creation of a token (stETH) intended to represent them.
A digital millefeuille - considered by some analysts as unstable - at the origin of the appearance of an entire ecosystem. With superimposed options from Restaking, such as the giant EigenLayer, and centralized platforms (CEX) determined to surf this trend using internal solutions.
This is, for example, the case of the undisputed leader Binance, which has just announced the upcoming launch of a Liquid Staking option applied to Solana's SOL cryptocurrency. Code name: BNSOL.
What is the BNSOL?
The information has just fallen like a countdown. Indeed, the Binance platform announces the upcoming launch of a Liquid Staking solution applied to Solana (SOL) in September.
A service identical to those offered within the DeFi, in a version presented as "transparent and flexible. "Because the BNSOL will be released on Binance in order to be able to carry out all the desired operations. But, it can also be used outside the exchange... to the extent that it will be adopted by the protocols concerned. Because users "retain total control over their assets deposited in staking. "
"In contrast to native staking, which locks assets, BNSOL allows users to unlock liquidity, enjoy a continuous accumulation of rewards and participate seamlessly in both the Binance platform and the wider DeFi ecosystem. This makes it an ideal solution for those looking to maximize the potential of their Solana tokens deposited in staking. "Vishal Sacheendran, Director of Regional Markets at Binance
With this new Liquid Staking option, the Binance platform demonstrates its ambition to remain positioned at the forefront of innovations in the cryptocurrency sector. All while guaranteeing unparalleled security, thanks to a surveillance system that will have prevented the potential loss of more than $2.4 billion to its users.
#Binance #BNB #ETH #Bitcoin #SolanaUSTD

Expose Series . Part 2
One of them shared the tool's code with me!
Here’s a detailed explanation of how they execute rug pulls without giving you any way to notice
To understand how to avoid rug pulls, you first need to know how these rugs are executed from the developer’s side.
A few days ago, I discovered a tool developers use for rug pulls and concluded that the tools available to analyze meme coins lag behind those rug pullers' use.
One of these insiders sent me one of the tools they use.
I was amazed by how powerful it is.
The tool is developed in Python and can be executed via a command-line terminal. It includes all the options insiders need.

hey start by generating new wallets using one of the tool’s options.
The tool allows them to create as many wallets as they want.
They just need to specify the number of wallets they need, and they are automatically generated.

Once the independent wallets are created, they fund them using the “Wallet UI” and “Fund wallets” options.
The amount is randomly distributed across all the wallets.
These wallets are funded from various addresses, making it impossible to link them together.

For each funded wallet, they automatically create fake volume on Raydium and Pump Fun to make it look like these wallets have been used in the past.
This adds realism to the strategy. This step is the most time-consuming part.

Then, they are ready to launch on Pump Fun.
The supply bought by the developer is automatically distributed across all these wallets.
On-chain, you’ll see that the developer only holds 1% of the supply, but you won’t know that they control another 20% across various unlinked wallets.

As you can see, everything is managed by the tool, but that’s not all!

When the meme reaches a certain market cap, they have the option to sell everything from all the wallets with a single click, making the process incredibly fast.

Before selling, they usually create fake volume again using automated tools.
I’ve made an article detailing how they generate fake volume.
Don’t be naive, most of what you see is fake, especially with memecoins.
It’s frightening because there’s no tool available that can detect the use of such sophisticated tools.

Forget about Rugcheckxyz or Token_Sniffer, they won’t catch anything!
Even bubblemaps won’t show you the connections between wallets.

So, what can you do?
One alternative is to check the social activity.
High trading volume should correspond with high activity on social platforms like Twitter and Telegram.
Unlike wallet bots, social bots are much easier to detect. You can use TweetScout_io (X) for this.

The tool I’ve shown you is highly effective, and don’t believe anyone who says you can create such a tool with chatGPT alone.
While chatGPT can assist in development, it won’t build it by itself.
If you’re not a developer, you won’t be able to create tools like this. It requires a lot of technical skills.
I’m not showing you this so you can use these kinds of tools yourself, but to make you aware of how some developers manage to rug pull without it being detectable beforehand.
Also, be careful about running any tools on your computer, as some might be malicious.
part 3: The Reentrancy Attack is one of the most destructive in crypto, yet still one of the least known.
I hope you've found this article helpful.
Follow me @Bluechip for more.
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However, this year brings a slew of major events.
September key events + some insights

September promises to be an interesting month for the market, especially for crypto.

Several key events could increase market volatility:
- Labor market data will be released on September 6. Similar reports on July 5 and August 5 caused significant volatility, especially the significant decline on August 5.
The market now views job creation, rather than inflation, as the primary indicator of the American economy's health.

On September 18, the results of the two-day Fed meeting, including the decision on rate cuts, will be announced.

September 20 marks triple witching, which occurs only four times a year—on the third Friday of March, June, September, and December—and can lead to a sharp increase in trading volume and volatility.

On September 29, @CZ will be released from prison. Many analysts expect $BNB to rise on this news.

Additionally, it's worth noting that September has traditionally been a challenging month for Bitcoin, often marked by volatility and downturns due to post-summer trading slumps and macroeconomic shifts.

Consequently, a decline in Bitcoin's price is likely this month.

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The SEC puts its grain of sand in the FTX papers. Which fly could have bitten the American regulator to make him feel obliged to come and put a little more confusion in an already very complex file? While the judge has not yet definitively ruled on the nature of the refunds of customers of the bankrupt platform, the SEC now explains "that it reserves the right to challenge transactions involving cryptoassets" while we speak a priori of stablecoins. While customers are just beginning to mourn their cryptocurrencies and the gains that would have come with them, they are now being explained that even a refund in stablecoins could be a problem. Let's see what we know on this Monday morning.
FTX: The US regulator "reserves the right to challenge transactions involving cryptoassets"
Whether you are directly concerned by the current procedure or not, the setbacks of FTX customers cannot leave you indifferent as the fate seems to be fierce against them. After the first months of anxiety to wonder if they would ever see their investments again, hope finally returned, but it was short-lived. The new management of FTX made an abrupt decision last spring that left unhappy users in deep distress: the funds would be repaid in dollars at their bankruptcy day value.
"Treason", "scandal", we heard everything about this decision and despite the effects of the announcement of management that promised a "+118% of their receivables", in detail, this did not apply to most portfolios. There remained the possibility of being reimbursed in stablecoins to avoid additional taxation due to receiving currency, but ultimately, even this could be a problem. And, it is the SEC, the American regulator, that has just sown trouble.

The SEC's approach sows trouble in the procedure and annoys the American cryptosphere
In a file she filed with the United States Bankruptcy Court of Delaware, Gary Gensler's legal teams made a rather convoluted statement as follows:
"The SEC does not rule on the legality, under federal securities laws, of the transactions described in the plan and reserves the right to challenge transactions involving crypto assets. "Statement of SEC lawyers in a file filed with the court – Source: Justice US
Yes, you read that right, the regulator could oppose a refund in stablecoins under the Securities Act even though stablecoins circulate happily throughout the country! What justifies this remark? What are the regulator's reservations on the substance of the file? No additional statement has yet come to explain the statements of the SEC, but the news has triggered the ire of some American crypto personalities.
Alex Thorn, head of Galaxy Digital, is outraged by this new free and "absurd" attack by the SEC even though the status of stablecoins has been fixed for him for a long time. Same bell ringing on the side of Paul Grewal, the highly media legal director of Coinbase, who ironizes Washington's threats:
"Why bring clarity to the market when threats and slander are enough? Investors, consumers and financial markets deserve much better than that. "Paul Grewal, Coinbase's legal director - Source: Account X
The deep motivations of the Securities and Exchange Commission remain very vague to date and we cannot bring ourselves to believe that it is just a statement to "bother" the crypto sector as Paul Grewal seems to suspect. Can the financial regulator of the world's leading economy deliberately make this kind of statement without any justification? Answer in the coming days with, hopefully, a reasoned and relevant text explanation from Gary Gensler's entire team. Otherwise, it could suffer a new fire from the American crypto industry, which is already very upset by all its work.
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