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🚨🚨🚨 Not everyone can make money by trading #memecoins on #Solana ! This guy traded 11 #memecoins in 3 days, losing money on each one, for a total loss of 754 $SOL ($147K). He seems to be very #FOMO , always buying high and selling low.

🚨🚨🚨 Not everyone can make money by trading #memecoins on #Solana !

This guy traded 11 #memecoins in 3 days, losing money on each one, for a total loss of 754 $SOL ($147K).

He seems to be very #FOMO , always buying high and selling low.

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❗️ Fortune: TerraForm Refuses to Pay SEC Fine 🗞 According to Fortune, Terraform Labs and its founder Do Kwon are not planning to pay the $4.47 billion fine imposed by the U.S. Securities and Exchange Commission (SEC). 🔍 Terraform Labs has gone bankrupt and has little money left, and it's unclear whether Kwon has the $204 million he owes according to the court ruling, or if he will ever appear in that jurisdiction. 🧐 It is noted that "the regulator may ultimately only get a portion of the fine, if it gets anything at all." In any case, Gary Gensler will be dancing in court, intending to issue a press release about the billions of dollars TerraForm "will pay." 🧑🏼‍⚖️ Meanwhile, today the court approved a settlement between Terraform Labs, Do Kwon, and the SEC. According to the agreement, Terraform will pay nearly $3.6 billion in restitution, $420 million in civil penalties, and about $467 million in prejudgment interest. 💰 Terraform must make the first payment no later than 30 days after the approval of the agreement. 🗓 Remember, on June 13, the SEC reached a settlement with TerraForm, obligating the company to pay a $4.47 billion fine. 😁 It seems that the SEC could have specified any amount for the fine, and TerraForm could have agreed to any amount, because a bankrupt company cannot pay more than the value of its "remaining" assets. ✅ Currently, the price of $LUNC is $0.00009, while $USTC is trading at $0.019. #TerraformLabs #DoKwon #SEC #LUNC #USTC
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❗️ Biden's campaign is negotiating to accept cryptocurrency donations through Coinbase Commerce. 👂 According to The Block, President Joe Biden's campaign is in talks to accept cryptocurrency donations via the payment service Coinbase Commerce. 🗣 "They are paying attention to the issues related to cryptocurrency and trying to find quick wins to show they support the industry. They want to demonstrate that they are not adversaries," one of The Block's sources reported. 🔍 Biden's campaign began ramping up its efforts to engage with the crypto community shortly after his political rival Trump declared his support for cryptocurrencies and dubbed himself the "crypto president." 😎 Coinbase has repeatedly supported Democrats, so this choice is not surprising. #JoeBiden #CoinbaseCommerce #DonaldTrump #USA #Crypto
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​​❗️ This year, about $4 billion has been distributed via Airdrops. 🔍 In 2024, Airdrops are particularly popular. Since January, projects have distributed tokens worth about $4 billion. 🚀 The largest Airdrops, such as Jupiter, Starknet, and Notcoin, have each distributed about $1 billion. Following them were projects based on Solana and Ethereum — Wormhole, Ether.fi, FriendTech, and Wen. 🔍 According to a CoinGecko report, the largest Airdrops in history were Uniswap, Apecoin, and dYdX. The total value of all distributions up to December 2023 amounted to $26.6 billion. However, this figure is based on peak prices for each token, which may be far from their actual value. 💰 Thus, using CoinGecko's methodology and considering the Airdrops of 2024, it can be assumed that the maximum total value of all Airdrops conducted to date is $34 billion. 🗳 Have you received tokens through an Airdrop? Vote with reactions: 👍 — yes, once 😎 — received multiple Airdrops 🌚 — haven't received any, but working on it 🙈 — what's an Airdrop? #Airdrop #Crypto
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Today Forta expands its reach to a 10th blockchain, adding Base as a supported network! 🌐 💼 Backed by Coinbase Ventures, a16z, Blockchain Capital, OpenZeppelin, and many others. 🔒Trusted by projects like Lido, Compound, MakerDAO, Metamask, Phantom and others. Forta is the leading Security Project with the FORT token as the backbone of a large decentralized network of nodes and AI-powered bots designed to analyze ALL transactions on the most important blockchains to detect and prevent attacks, scams, and exploits.
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🔒 Hackers Strike Again: OKX Users Fall Victim to SIM Swap Attack 💸 In yet another blow to the cryptocurrency community, two OKX users have been left reeling after falling prey to a SIM swap hack. On June 9, an undisclosed sum was stolen in a cunning move that exploited a deceptive SMS notification, seemingly from the exchange itself. 📌 This incident comes hot on the heels of last week's deepfake debacle, where cybercriminals employed AI videos to outsmart OKX's security measures. It seems that these hackers are becoming increasingly audacious and tech-savvy. 📲 The founder of blockchain security firm SlowMist, Yu Xian, shed light on the matter, pointing out that this theft was no ordinary breach. It was a meticulously planned SMS attack, with the fraudsters masquerading as Hong Kong-based entities to dupe their victims into generating new API keys – complete with withdrawal and trading permissions. 🟢 Interestingly, Xian also drew attention to the uncanny resemblance between this incident and the previous deepfake ploy. Could it be that we're dealing with the same group of cunning culprits? 🔍 As investigations continue, OKX has responded swiftly with an official statement promising a thorough probe into the matter. "We take this situation very seriously," they declared, vowing to assume responsibility if any lapses on their part are uncovered. ⏳ The details surrounding this latest SIM swap attack remain shrouded in mystery for now. However, members of the crypto community are speculating that this could indeed be another case of identity theft through SIM swapping – a technique where hackers manipulate mobile carriers to gain control over victims' phone numbers.
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