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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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๐Ÿšจ BINANCE DELISTS RISKY COINS! NEW DE-LISTINGS UNVEILED โ€ผ๏ธ ๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰ ๐Ÿ“Œ Fear not, friends! No need to panic at this juncture. The delistings apply solely to futures trading. Binance's proactive stance aims to safeguard investors from the precarious nature of low-volume coins in futures transactions. โš ๏ธ Here are the delisted coins from futures transactions: ๐Ÿ“Œ STPT, $SNT, MBL, $RAD, and $CVX If you own any of those, adjust your futures portfolio but also make sure to stay alert, as it could affect spot trading prices. Stay updated with Professor Mende! We love Binance ๐Ÿ’• #delisting #bitcoin #futures #alert #news $BTC c $ETC $SOL

๐Ÿšจ BINANCE DELISTS RISKY COINS! NEW DE-LISTINGS UNVEILED โ€ผ๏ธ

๐Ÿ‘‰๐Ÿ‘‰๐Ÿ‘‰

๐Ÿ“Œ Fear not, friends! No need to panic at this juncture. The delistings apply solely to futures trading. Binance's proactive stance aims to safeguard investors from the precarious nature of low-volume coins in futures transactions.

โš ๏ธ Here are the delisted coins from futures transactions:

๐Ÿ“Œ STPT, $SNT, MBL, $RAD, and $CVX

If you own any of those, adjust your futures portfolio but also make sure to stay alert, as it could affect spot trading prices.

Stay updated with Professor Mende!

We love Binance ๐Ÿ’•

#delisting #bitcoin #futures #alert #news

$BTC c $ETC $SOL

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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๐Ÿšจ๐Ÿ’ธ $7M LOSS AND 80% DIVE FOR HACKED HLG TOKEN ๐Ÿ’ธ๐Ÿšจ Holograph, a leading omnichain tokenization platform which recently was part of the BINANCE AIRDROPS, recently experienced a major smart contract exploit, resulting in the loss of 1 billion HLG tokens valued at approximately $7 million. This incident has caused a significant drop in the value of the HLG token. ๐Ÿ“‰ Token Impact: Following the exploit, the projectโ€™s native HLG token plunged by about 80% within 24 hours after the attack, dropping to as low as $0.0029 before slightly recovering to $0.0068. The tokens had been airdropped to the community in May. ๐Ÿ” The Hack: The platform confirmed on X (formerly Twitter) that its Holograph Operator Contract had been compromised by a malicious actor who minted 1 billion HLG tokens. Initial Response: The exploit has been patched, and Holographโ€™s team is working with exchanges to lock compromised accounts. The team has also launched an investigation and is in the process of contacting law enforcement. Value at Theft: On-chain data indicates the stolen tokens were valued at around $7 million at the time of the incident. ๐Ÿ•ต๏ธโ€โ™‚๏ธ Hacker Strategy: Blockchain security platform Cyvers reported that some of the stolen tokens were swapped for the USDT stablecoin, which the attacker used to acquire 300 ETH. The hacker then distributed the funds to various addresses, including those linked to privacy protocols like Tornado Cash and Railgun. Current Holdings: On-chain data shows the exploiterโ€™s address still holds about 47.59 ETH, valued at around $167,000 at press time. ๐Ÿ“Š Analysis: Matt Casto, a DeFi researcher at CMT Digital, suggested that the attacker was likely โ€œa rogue dev who funded the address 26 days ago,โ€ noting that the address used to receive the minted supply. ๐Ÿ‘‡ What are your thoughts on the recent Holograph hack? I guess it shows us that no project is totally save! #HLG #Binanceairdrops #airdrop #hack #alert $SHIB $PEPE $DOGE
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๐Ÿšจ๐Ÿ“Š 60% OF US CRYPTO INVESTORS DONโ€™T UNDERSTAND BLOCKCHAIN ๐Ÿ“Š๐Ÿšจ A recent survey by Preply reveals that a significant 60% of U.S. cryptocurrency investors do not understand blockchain technology. This study highlights the knowledge gap among different generations, with notable interest in learning more about cryptocurrency and blockchain. According to Preplyโ€™s findings, approximately 40% of surveyed Gen Z crypto investors in the U.S. lacked confidence in their cryptocurrency knowledge. This lack of confidence was even higher among millennials (35%) and Gen X (32%). The study also revealed that 60% of U.S. crypto investors โ€œdonโ€™t know what blockchain is.โ€ Knowledge Gap: Gen Z: 40% lack confidence in crypto knowledge Millennials: 35% lack confidence Gen X: 32% lack confidence ๐Ÿ“ˆ Interest in Learning: Despite the knowledge gap, the study showed a strong interest in learning about cryptocurrency and blockchain: Overall Interest: 27% of those who have never invested in crypto expressed interest in taking classes to learn more. By Gender: 54% of surveyed men and 53% of women showed interest in learning more. ๐Ÿ“ˆ Generational Interest: Gen X: 57% want to learn more Gen Z: 41% express interest in learning about crypto but have the lowest willingness to learn. ๐ŸŽจ Baby Boomers Show Least Interest in NFTs: The study also discovered varying interest levels in digital assets other than crypto across generations: NFT Investment: Millennials: 12% have invested in NFTs Baby Boomers: Only 4% have invested Commenting on the findings related to crypto investorsโ€™ interest in NFTs and the metaverse, the survey report stated: Confidence in NFTs and Metaverse: Only 42% of respondents felt confident in their understanding of NFTs and the metaverse. Investment Excitement: 11% were excited about investing in NFTs, while 32% were curious about joining the metaverse. I think this only shows that we're still early in the web3 space and many more opportunities will emerge. What are your thoughts on this?
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๐Ÿšจโš–๏ธ SEC DEMANDS $102.6 MILLION FROM RIPPLE IN XRP CASE โš–๏ธ๐Ÿšจ The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, significantly reduced from the nearly $2 billion initially sought. ๐Ÿ” The SEC has responded to Ripple Labsโ€™ request for a lower penalty in the ongoing XRP case. Ripple suggested a penalty of no more than $10 million, referencing the Terraform Labs settlement. Initially, the SEC sought nearly $2 billion in a final judgment against Ripple. SEC's Clarification: In a letter to District Judge Analisa Torres on June 14, the SEC explained that comparing the penalty to the Terraform Labs settlement is inappropriate as Terraform Labs is bankrupt and has agreed to significant measures, including burning โ€œthe keys to all of its crypto asset securities,โ€ returning funds to investors, and removing board members involved in the violations. The SEC says that Ripple has not agreed to any similar measures. ๐Ÿ“‰ SECโ€™s Position on Penalty Amount: Rippleโ€™s Conduct: The SEC argued that Rippleโ€™s continued conduct and failure to acknowledge violations justify a higher penalty. The regulator noted that โ€œresolutions where cash-strapped defendants agree to return funds to victims quickly and voluntarily cease their violative conduct are unhelpfulโ€ in deciding penalties for a wealthy defendant like Ripple. Comparison to Terraform: Ripple compared the size of the Terraform penalty to its gross sales, but the SEC stressed this is not an accurate comparison. The SEC highlighted that the penalty should be compared to the gross profit of the violative conduct. For Terraform, the ratio was 11.7% ($420 million/$3.587 billion). Calculation for Ripple: Applying the 11.7% ratio to Rippleโ€™s $876.3 million in gross profits results in a $102.6 million penalty. The SEC concluded that a $10 million penalty โ€œwould not satisfy the purposes of the civil penalty statutes.โ€ Stay updated with @Professor Mende - Founder of BONUZ Project - in Dubai UAE #Ripple #SEC #XRP $XRP $BTC $ETH
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