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ZKX founder responds to suspension doubts: $7.6 million in financing was raised from 2021 to 2024 and has been used for various expenses. PANews, July 31 news, regarding "why did they raise $7.6 million in funding, and TGE just started a few weeks ago, but ZKX announced it will shut down", the founder of the derivatives DEX ZKX, Eduard, responded on the X platform: "The previous $7.6 million in funding was raised from 2021 to 2024, to support a team of 30 people to build a dedicated blockchain for expanding perps. It's a total of 4 years. This includes multiple code audits with Nethermind, TGE listing costs, AWS fees (running L3 on the cloud is very expensive), developer adoption activities for Cairo programming, and more. All user funds have been refunded, with over 80% of users having exited the protocol (the main wallet is self-custodied). The core founders have not sold any of their allocated tokens, unfortunately, 4 years of work and life have gone to waste. What people also don't talk about are all the community pressures, vulnerabilities, scams, and hacks that DeFi teams have to endure. We did our best to protect customer funds, and Binance knows some of the attackers. In hindsight, running a fully on-chain smart contract protocol instead of L3 and other strategic decisions would have been more financially prudent. We've learned from this painful experience." Previously, yesterday's news reported that the derivatives trading protocol ZKX announced it will cease operations, reminding users to withdraw their funds by the end of August. $PEPE $SOL $WLD
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The whale haos.eth withdrew 1000 ETH from Binance and deposited the entire amount into Lido. PANews, July 31 news, according to Scopescan monitoring, the whale haos.eth withdrew 1000 ETH (about $3.3 million) from Binance and deposited them all into Lido. $PEPE $SOL $WLD
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Data: A whale withdrew 1000 ETH from Binance and deposited the entire amount into Lido. According to Scopescan monitoring, the whale haos.eth withdrew 1000 ETH (approximately $3.3 million) from Binance and deposited the entire amount into Lido. $PEPE $SOL $WLD
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A smart money address transaction on the Ethereum blockchain has a NEIRO token return rate of over 11662%. PANews reported on July 31 that according to on-chain analyst @ai_9684xtpa's monitoring, the address 0x7a0...c9089 (starting with a capital letter on Ethereum) has a return rate of over 11662% on NEIRO tokens. This smart money/whale used BananaGun to snipe at the moment of launch, spending 0.41 ETH to buy 10 million tokens, including a bribery fee of 0.3 ETH, with a cost as low as $BTC Three hours ago, this address increased its position again, using 1.99 ETH to buy 56,000 NEIRO; currently, this address has sold 28% of its holdings at an average price of $0.026, earning $73,400. As NEIRO on Ethereum continues to hit new highs today, the remaining 7.22 million tokens in this address have an unrealized profit of nearly $850,000, with a total profit of $920,000 and a return rate exceeding 11662%. $PEPE $SOL $wld
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A location successfully sniped NEIRO's floating profits by 116 times through Banana Gun. On July 31st, according to monitoring by @ai_9684xtpa, a smart money/whale address on NEIRO used Banana Gun to snipe immediately after launch, spending 0.41 ETH to buy 10 million tokens, including 0.3 ETH in bribery fees, with an average purchase price as low as $BTC Three hours ago, the same address added to its position, using another 1.99 ETH to buy 56,000 NEIRO; currently, this address has sold 28% of its holdings at an average price of $0.026, realizing a profit of $BTC As NEIRO on Ethereum continues to set new all-time highs today, the remaining 7.22 million tokens held by this address have an unrealized gain of nearly $850,000, with the total profit reaching $920,000, a return rate exceeding 11,662%. $PEPE $sol $wld
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