I mined 550k but only received 132k why

nice

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FTX plans to repay customers in full, but exchange will not restart

Bankrupt cryptocurrency exchange FTX said it has abandoned plans to restart the exchange but plans to make full compensation to former customers.

"We currently anticipate that we will have sufficient funds to pay in full all permitted customer and creditor claims," FTX attorney Andrew Dietrich told the judge during Wednesday's hearing. Dietrich also said that FTX does not plan to re-Launch the platform.

"Another disappointment is FTX 2.0. We still have valuable data and information that we can use to continue operating," Dietrich said. "But after unremitting efforts, no investors are willing to invest in restarting the offshore exchange. the funds needed."

"The full payment is based on the petition date value of these claims. Many of these claims are predicated on currencies that have depreciated significantly during the tumultuous period leading up to the petition date," the lawyer said.

The lawyer added that many customers and creditors "won't feel like this is a genuine payment at all from where they started". "But we recognize that the petition date is the date that needs to be used," the attorney continued.

Later in the hearing, the judge granted the debtors' motion to convert the claims in the digital assets into US dollars
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##rumors
📌Is Ripple planning to launch a spot ETF?
- Ripple has opened a job position that involves “advancing ETFs”.
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Shiba Inu Burn Rate Spikes, Shibarium Developments Enhance Burning Mechanism

According to CryptoPotato, Shiba Inu, the second-largest meme coin by market capitalization, has experienced a burn rate spike of approximately 4,200% in the last 24 hours, resulting in more than 10 million tokens being removed from circulation. The burn has been increasing since the beginning of the year, with over 9 billion SHIB destroyed, which is around 10% of the amount burned throughout the entire 2023. Shiba Inu has adopted this program to reduce the circulating supply of SHIB, making it scarcer and potentially more valuable over time. Every time a transaction is made on the network, a certain percentage of the transaction fee is transferred to a null address.

Shiba Inu's latest burn rate spike came shortly after Shibarium, the meme coin's layer-2 blockchain solution, introduced a transformative token burning mechanism. This development was labeled crucial for the network's tokenomics, as it was designed to reduce the burden of manual token burning and automate the entire system. It will be tested on Puppynet in the following days and will undergo multiple upgrades to enhance efficiency and reliability. It will then be brought to the Mainnet and operate based on predefined rules. Launched in August last year, Shibarium aims to elevate Shiba Inu above its rivals in the meme coin realm by improving speed and reducing transaction fees. It has recently surpassed the 300 million mark in terms of total transactions
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🚨𝐓𝐡𝐞 𝐁𝐢𝐠𝐠𝐞𝐬𝐭 𝐀𝐥𝐭𝐬𝐞𝐚𝐬𝐨𝐧 𝐈𝐧 𝐂𝐫𝐲𝐩𝐭𝐨 𝐇𝐢𝐬𝐭𝐨𝐫𝐲 𝐇𝐚𝐬 𝐒𝐭𝐚𝐫𝐭𝐞𝐝 🚨

This will make many millionaires, but most people will still get rekt.

Ignore this post if you don't want to be rich 👇

I have seen two full bear markets and two bull markets, and I can say for sure that what's coming ahead in the next few years will be way bigger than the crypto market has ever witnessed.

The world's largest hedge fund managers, with their trillions of dollars, will bid on the crypto market, which will send the prices parabolic.

Here are a few pieces of advice for you if you want to retire by 2025👇

1️⃣ Accumulate utility-based coins

➜ Memecoins can make you rich overnight, but they can rekt you very easily.

➜ A small allocation of those tokens is good, but keep the majority for those who have real-world utility.

2️⃣ Avoid high-leverage trading

➜ Most noobs have got rekt doing leverage trading, and it will continue to happen.

➜ If you don't know something, it's better not to touch it.

3️⃣ Book Profits

➜ You are here to make money, so always take profits; otherwise, the market will take them away from you.

➜ A lot of people made life-changing gains in 2021 and saw them evaporate in 2022 as they were hesitant to book profits.

4️⃣ Control your emotions

➜ The crypto market is very volatile, but don't let your emotions be as volatile as crypto.

5️⃣ Learn, learn, and learn

➜ If you want to make generational wealth, you should put in the work as well.

➜ Learn about the market, and always do your research before putting in a single penny.

➜ You and you alone are responsible for anything, so do everything wisely.

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This is a general announcement. Products and services referred to here may not be available in your region.
Activity Period: 2024-01-23 00:00 (UTC) to 2024-02-05 23:59 (UTC)

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Mission Details

Prize Pool

Complete a cross-chain swap from any token to WOO with a minimum amount of 100 WOO on Arbitrum in WOOFi

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