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According to Odaily, Whale Alert has reported that approximately ten minutes ago, three addresses on the Tron network were frozen, containing a total of over 140 million USDT.
The freezing of these addresses has raised concerns within the cryptocurrency community, as such actions can have significant implications for the affected users and the broader market. The reasons behind the freezing of these addresses have not been disclosed, leading to speculation about potential security issues or regulatory interventions.
This incident highlights the ongoing challenges and complexities within the cryptocurrency ecosystem, where the balance between security, regulation, and user autonomy continues to be a topic of intense debate. The Tron network, known for its high transaction speeds and low fees, has been a popular choice for many users and developers in the blockchain space.
As the situation develops, further details are expected to emerge, shedding light on the circumstances that led to the freezing of these addresses. The cryptocurrency community will be closely monitoring the developments to understand the broader implications for the market and the future of decentralized finance.
Shytoshi Kusama's Public Appearance in Japan Excites SHIB Community, Next Stop Mumbai
According to U.Today, Shytoshi Kusama, the lead developer of SHIB, recently made a public appearance at a major Web3 event in Kyoto, Japan. This appearance has stirred excitement within the SHIB community. Kusama, who uses a pseudonym for social media posts, arrived at the event with two bodyguards and a local translator. He was dressed in black, with two masks and a hood to hide his identity, and even had a katana behind his back. The SHIB community filled the social media platform with photos and videos of Kusama at the SHIB booth during the annual IVS 2024 conference in Kyoto.
Kusama expressed his gratitude to the organizers of IVS 2024 and the SHIB fans who came to meet him at the conference. He also announced that his next destination is Mumbai. Although he did not mention any plans for a 'meet and greet' in Mumbai, the community is hopeful and has extended invitations for him to visit other locations such as Dubai, California, and Delhi.
In other news, the SHIB price has seen a significant rebound of 19% over the last 24 hours. The second-largest meme cryptocurrency soared from $0.00001297 to $0.00001546. This rise in SHIB's price followed Bitcoin's rebound of 4.73%, which surged from slightly below $54,000 to the $56,590 zone. The surge in Bitcoin's price occurred after the release of the non-farm payrolls report, which was more positive than initially expected.
Introducing "Meme Heroes" - a new initiative on BNB Chain to boost the memecoin ecosystem, building on our Meme Innovation campaignโs success!
We've dedicated $900,000 for liquidity pool (LP) support to nurture high-potential meme projects.
Here's all you need to know... During the Meme Innovation campaign, BNB Chain awarded $100k for memecoin development.
The initiative attracted 162 entries and achieved a total trading volume of $507M, solidifying BNB Chain's position as a top network for meme tokens.
Building on our successful Meme Innovation Campaign, the Meme Heroes campaign aims to improve liquidity, promoting a stable and secure trading environment for users; further accelerating memecoin growth on the BNB Smart Chain (BSC).
As part of our mission, all revenue generated from these LPs will be reinvested back into the ecosystem. Funds will go to a dedicated LP address, ensuring ongoing support for meme coins within the BNB Chain community.
The criteria for Meme Heroes include:
๐ถ Lock 100% of LP liquidity for 1 year or send to a null address ๐ถ Adding 10% of total token supply to the LP ๐ถ Ensuring top 10 EOA holders hold <10% of the total supply. ๐ถ Token source code verified on BscScan or a security audit. ๐ถ We will comprehensively consider the trading volume, number of token holders, and market capitalization if all other conditions are met.
BSC with EVM compatibility and low gas fees, offers mature infrastructure, robust security, affordability, a vibrant community, and a diverse DeFi ecosystemโperfect for meme tokens.
Meme projects can find out more information and apply for future LP support below ๐
Good morning everybody! I would like to wish everyone a happy week and a great end to June. Just like you, we experienced a low period, so I ask God that we maintain our faith and resilience. Furthermore, what comforts me most is that nothing lasts forever, including falls.
Join the #AirdropGuide campaign for a chance to win up to 500 FDUSD! Share your knowledge of what crypto airdrops are and how they work. Include insights on different types of airdrops, examples, and effective strategies to find and participate in them. Campaign Period: 2024-06-14 00:00 to 2024-06-19 23:59 (UTC) To Participate:ย Post an explanation of crypto airdrops and how they work using the #AirdropGuide hashtag on Binance Square.ย Include: Explanation of what a crypto airdrop is;Insights on different types of airdrops (e.g., bounties, holder drops, etc.);Real-life examples of successful airdrops;Strategies for finding and participating in airdrops.
Make sure your post has a minimum length of 600 words. Guidelines: Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified. Winner Selection:ย Five posts generating the most interaction will each be rewarded with 100 FDUSD.
Terms and Conditions: This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 600 words will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture.ย Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant.ย Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.ย Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Xai ($XAI) โ An Arbitrum-powered Ethereum layer-3 scaling network focused on video gamesโwas developed to enable real economies and open trade in the next generation of games. With Xai, billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. On Monday June 10th, 2024, Xai launched the Vanguard: Genesis activation on GALXE Quest, featuring months of game launches and quests across the Xai gaming ecosystem. Announced games include Crypto Unicorns, Final Form, and The Lost Glitches, as well as several unannounced games Xai has yet to reveal.ย The event follows the previous Xai Odyssey campaign last year, which drew more than 500,000 connected wallets, generated 5 million daily peak transactions and $175M worth of distributed rewards to players across the top spots on the leaderboard.ย Xai is also incentivizing developers to deploy games and dApps to the platform through โBuilder Questsโ utilizing the recently unveiled Xai Builder developer console. In addition to games already scheduled to launch on Xai, many new deployments are expected taking advantage of these Builder quests.ย By the end of Xai Vanguard: Genesis, the Xai gaming ecosystem is expected to have grown significantly with hundreds of thousands of new users, dozens of new deployments, and an even more vibrant community who have achieved rewards and status as Xai Vanguard.ย
Step 1 to get involved: Participate in the @XAI_GAMES article contest to discuss the future of $XAIPost content on the square using the hashtag #XaiVanguardGenesis for a chance to share the rewards. We're looking forward to hearing from you about your insights and insights into the future of the $XAI ecosystem. Your post must cover the token tag $XAI and the hashtag #XaiVanguardGenesis
What can players expect to get out of participating in Xai Vanguard: Genesis?How is this activation likely to shape the future of Xai?How is this mission activity different from other mission activities currently in the industry?ย
Step 2: Share this Square post of yours on your social media (X) and @Xai_Games, using the hashtag #XaiVanguardGenesis and encourage your social media followers to comment/like/share the post Event Rules:
After the event, we will select 50 high-quality posts under this topic, and all eligible posts must have at least 20 interactions (likes, shares, or comments) and at least 200 characters. And according to the number of views, 15,000 XAI will be shared, and each winner will receive 150 ~ 600 XAI: over 4,000 views, 150 XAI will be rewarded, to 25 winners. over 8,000 views, 350 XAI will be rewarded, to 15 winners. over 15,000 views, 600 XAI will be rewarded to 10 winners
All content must be released by June 20 10am PDT to be eligible for rewards. Only content related to the project essay requirements will be selected, and other non-related content will not be eligible for reward. Terms & Conditions This promotion may not be available in your region.Only content withย #XaiVanguardGenesis posts and articles) that received at least 20 interactions (i.e., the total number of emojis, comments, or shares) during the campaign period are eligible for qualifying content.Any abuse of hashtags and posting of irrelevant content will result in exclusion from the event.Only original new content is eligible. Previously submitted entries are not eligible.You can post multiple different high quality content to increase your probability of winning.We will release the rewards to your account within 20 working days, and Users may check their rewards via "Funding" > "Balances".All eligible users will be notified via a push notification under Creator Center > Square Assistant.Binance reserves the right to disqualify any account that violates Binance Square's Community Guidelines or Terms and Conditions.Binance reserves the right to modify or change these terms and conditions at any time at its sole discretion without prior notice, including, but not limited to, canceling, extending, terminating, or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any action to be taken, and all participants shall be bound by these amendments. Binance reserves the right of final interpretation of this event.
Good morning everybody! Everything indicates that we will have a week of corrections, but that prices will soon return to last week's. With faith in God, we will soon have our long-awaited post-halving high. May God bless us all.
Good morning everybody! Let us thank God for another day of life. Let us ask him to bless our month of June 2024 and may we have excellent news for the crypto world.
Good morning everybody! "Love one another as I have loved you." May the Lord strengthen us to love more and more and give us strength to fulfill our missions.๐๐ป
LIVE
Richard Teng
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Another great analysis by @BinanceResearch! The DeFi space has seen a significant capital influx in 2024 & the TVL is up by over 75% year-to-date. ๐
Whoโs bullish on DeFi? ๐ Take some time to read this comprehensive report!ย
I join the global crypto community in welcoming and celebrating the U.S. SEC's recent approval of Ethereum Spot ETFs โ a landmark milestone for the digital asset industry.
When cryptocurrencies start to rise, negative news always comes, now with the suspicion of improper minting of $GALA. However, let us remain firm, because everything will work out, with faith in God.
Gala Games Token Price Plummets Amid Fears of Potential Hack
According to CoinDesk, the native token of the crypto gaming project Gala Games, known as GALA, experienced a significant drop in value on Monday. This was due to concerns over a major transfer of over $200 million worth of GALA tokens, which traders suspected could be a hack. An unidentified party minted 5 billion Gala tokens and subsequently sold them on the decentralized exchange Uniswap, as per blockchain explorers.
Gala Games representatives had not previously announced this activity, nor did they provide an immediate explanation on the project's Discord server. This lack of communication led to speculation that the mass minting and selling of tokens was a result of a hack. Following these events, the price of GALA dropped to as low as $0.039, a 19% decrease from the day's high, which was set just over an hour earlier.