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ZachXBT's rug pull play reveals the extent of unpaid detective work
Cryptocurrency detective ZachXBT faces a series of accusations of hiding information after withdrawing liquidity from a memecoin, raising questions about the unrecognized value of his contributions.
Cryptocurrency detective ZachXBT has found himself in the hot seat this week after being accused of staging a theft — the very scam he has made a career of exposing.
ZachXBT has built a reputation as a formidable investigator, unmasking scammers and assisting government agencies in tracking down scams worth millions of dollars. His research has even been cited by the United Nations Security Council in a report on the growing threat posed by North Korean cryptocurrency hackers.
Along with others in the cryptocurrency security community, ZachXBT has expressed increasing frustration over the lack of financial incentives in his work.
So when he cashed out of the memecoin on January 21, some voiced that he staged a rug pull.
Explaining ZachXBT's rug pull tragedy
By definition, a rug pull involves developers or project teams abandoning a token by withdrawing liquidity or support. But in this case, the memecoin was a suspicious project from the start. It was an unsolicited gift from anonymous creators, seemingly designed to co-opt ZachXBT's name for legitimacy.
#ZachXBT
Cryptocurrency detective ZachXBT faces a series of accusations of hiding information after withdrawing liquidity from a memecoin, raising questions about the unrecognized value of his contributions.
Cryptocurrency detective ZachXBT has found himself in the hot seat this week after being accused of staging a theft — the very scam he has made a career of exposing.
ZachXBT has built a reputation as a formidable investigator, unmasking scammers and assisting government agencies in tracking down scams worth millions of dollars. His research has even been cited by the United Nations Security Council in a report on the growing threat posed by North Korean cryptocurrency hackers.
Along with others in the cryptocurrency security community, ZachXBT has expressed increasing frustration over the lack of financial incentives in his work.
So when he cashed out of the memecoin on January 21, some voiced that he staged a rug pull.
Explaining ZachXBT's rug pull tragedy
By definition, a rug pull involves developers or project teams abandoning a token by withdrawing liquidity or support. But in this case, the memecoin was a suspicious project from the start. It was an unsolicited gift from anonymous creators, seemingly designed to co-opt ZachXBT's name for legitimacy.
#ZachXBT
ZACHXBT Token Sparks Debate After Rapid Surge and Liquidity Removal
The meme coin #zachxbt , launched on the Solana chain, saw an explosive rise, surpassing $0.06 (+790% in 1 hour) and achieving a market cap of over $90 million. The project’s issuer stated its purpose was to reward blockchain investigator #zachxbt for his significant contributions to the crypto space.
#MarketPullback
In an unexpected twist, Zach received 50% of the total token supply, provided single-sided liquidity with 500M tokens, and later removed nearly $4 million from the pool. This action caused the token’s market cap to crash to $9 million, sparking heated discussions among investors about the ethics of liquidity removal and its impact on holders.
#Ethereum
Is liquidity removal a justified financial decision, or should Zach have taken a different approach? Share your thoughts below.
Disclaimer: This post is for informational purposes only and does not constitute financial advice.
The meme coin #zachxbt , launched on the Solana chain, saw an explosive rise, surpassing $0.06 (+790% in 1 hour) and achieving a market cap of over $90 million. The project’s issuer stated its purpose was to reward blockchain investigator #zachxbt for his significant contributions to the crypto space.
#MarketPullback
In an unexpected twist, Zach received 50% of the total token supply, provided single-sided liquidity with 500M tokens, and later removed nearly $4 million from the pool. This action caused the token’s market cap to crash to $9 million, sparking heated discussions among investors about the ethics of liquidity removal and its impact on holders.
#Ethereum
Is liquidity removal a justified financial decision, or should Zach have taken a different approach? Share your thoughts below.
Disclaimer: This post is for informational purposes only and does not constitute financial advice.
ZachXBT and the $3.9M Meme Token Saga: Hero or Villain?
Many hail ZachXBT as a hero, while others claim he’s living long enough to become a villain. Let’s uncover the truth behind the controversy.
#zachxbt
#zachxbt
Battle of the Big Buyers: $ZACHXBT Whales Go All-In 🐋💰
It’s heating up in the ZACHXBT arena as two heavyweights make bold moves!
Whale #1 snagged 4.1% of the supply in a single swoop, creating shockwaves in the market.
Meanwhile, Whale #2 (J9Hqx...XrQeB) has been on a buying spree, pumping $1.088M into nearly 10.18M #zachxbt in just 22 minutes!
With an average cost of $0.05296, this second whale now sits as the #2 largest holder, enjoying a sweet floating profit of $508,900. 🤪
The big question: Are we watching the makings of a $ZACHXBT bull run, or will these bosses cash out? 🧐
It’s heating up in the ZACHXBT arena as two heavyweights make bold moves!
Whale #1 snagged 4.1% of the supply in a single swoop, creating shockwaves in the market.
Meanwhile, Whale #2 (J9Hqx...XrQeB) has been on a buying spree, pumping $1.088M into nearly 10.18M #zachxbt in just 22 minutes!
With an average cost of $0.05296, this second whale now sits as the #2 largest holder, enjoying a sweet floating profit of $508,900. 🤪
The big question: Are we watching the makings of a $ZACHXBT bull run, or will these bosses cash out? 🧐
EyeOnChain
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Big Moves: Whale Scoops Up $SOL and Sends $ZACHXBT Soaring 🚀
Out of nowhere, a mysterious whale swooped in, buying 7,000 #sol worth $1.65 million and snapping up 4.1% of the supply in one swift move! 🫣
What’s even wilder is their action in #zachxbt —with a cost basis of $0.04043, a single massive buy sent the token price surging by 35% in no time.
The result? A sweet floating profit of $620K for the big spender. Who is this powerhouse, and what’s their next move? 👀
Out of nowhere, a mysterious whale swooped in, buying 7,000 #sol worth $1.65 million and snapping up 4.1% of the supply in one swift move! 🫣
What’s even wilder is their action in #zachxbt —with a cost basis of $0.04043, a single massive buy sent the token price surging by 35% in no time.
The result? A sweet floating profit of $620K for the big spender. Who is this powerhouse, and what’s their next move? 👀
Big Moves: Whale Scoops Up $SOL and Sends $ZACHXBT Soaring 🚀
Out of nowhere, a mysterious whale swooped in, buying 7,000 #sol worth $1.65 million and snapping up 4.1% of the supply in one swift move! 🫣
What’s even wilder is their action in #zachxbt —with a cost basis of $0.04043, a single massive buy sent the token price surging by 35% in no time.
The result? A sweet floating profit of $620K for the big spender. Who is this powerhouse, and what’s their next move? 👀
Out of nowhere, a mysterious whale swooped in, buying 7,000 #sol worth $1.65 million and snapping up 4.1% of the supply in one swift move! 🫣
What’s even wilder is their action in #zachxbt —with a cost basis of $0.04043, a single massive buy sent the token price surging by 35% in no time.
The result? A sweet floating profit of $620K for the big spender. Who is this powerhouse, and what’s their next move? 👀
🚨 The $ZACHXBT Rollercoaster! 🎢
50% of the supply sent to #ZachXBT walletMarket cap soared to $97M 📈@zachxbt sold $ZACHXBT for SOLPrice plummeted to $19M16,348 $SOL transferred to Wintermute
What’s your take on this dramatic move? 👇💥
#CryptoDrama #ZACHXBT $SOL #MarketShifts
50% of the supply sent to #ZachXBT walletMarket cap soared to $97M 📈@zachxbt sold $ZACHXBT for SOLPrice plummeted to $19M16,348 $SOL transferred to Wintermute
What’s your take on this dramatic move? 👇💥
#CryptoDrama #ZACHXBT $SOL #MarketShifts
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#ZachXBT removed his token liquidity pool and made a profit of about 15,000 SOL. What else can we believe in this world?
On January 21, according to on-chain data, on-chain detective ZachXBT removed the one-sided liquidity pool of ZACHXBT tokens he added and obtained 15,000 SOL and nearly 90 million ZACHXBT. BlockBeats Note: Meme token ZACHXBT refers to on-chain detective ZACHXBT, which helped recover about $20 million after the U.S. government wallet address was hacked on October 25, 2024. ZACHXBT himself said on X that he was not rewarded by the U.S. government for this matter. A community user issued the token and transferred 50% to the ZACHXBT public wallet address.
On January 21, according to on-chain data, on-chain detective ZachXBT removed the one-sided liquidity pool of ZACHXBT tokens he added and obtained 15,000 SOL and nearly 90 million ZACHXBT. BlockBeats Note: Meme token ZACHXBT refers to on-chain detective ZACHXBT, which helped recover about $20 million after the U.S. government wallet address was hacked on October 25, 2024. ZACHXBT himself said on X that he was not rewarded by the U.S. government for this matter. A community user issued the token and transferred 50% to the ZACHXBT public wallet address.
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Mask Network acquires DID extension program Nametag to expand the decentralized social ecosystem
Mask Network announced the acquisition of Nametag, a decentralized identity and gaming extension. This strategic acquisition strengthens Mask’s growing ecosystem.
“Integrating Nametag into the Mask ecosystem marks an important milestone in our journey to provide a comprehensive decentralized identity solution,” said Suji Yan, Founder of Mask Network. “Nametag’s cutting-edge technology in the DID space and its vibrant user base will enable us to advance Web3 identity management and create a seamless experience for our users as we migrate our products to Layer 2.”
“Integrating Nametag into the Mask ecosystem marks an important milestone in our journey to provide a comprehensive decentralized identity solution,” said Suji Yan, Founder of Mask Network. “Nametag’s cutting-edge technology in the DID space and its vibrant user base will enable us to advance Web3 identity management and create a seamless experience for our users as we migrate our products to Layer 2.”
A new whale withdrew 242.21 BTC from Binance 8 hours ago, equivalent to $13.65 million
According to The Data Nerd, 8 hours ago, a new whale withdrew 242.21 BTC (approximately $13.65 million) from Binance. Within 4 days, they withdrew a total of 1,145 BTC (approximately $65.07 million) with an average entry fee of $BTC #zachxbt
Aleo: The Foundation has not carried out any token distribution or incentive plans, beware of relate
Aleo, a programmable privacy network, stated in a recent post that some community members have received an email promoting a "token distribution round". The Aleo Foundation is not currently conducting any token distribution plans, incentive plans, or any form of financial incentives.Please remain vigilant and ensure that the email is from the official aleo.org domain, and cross-check through another official channel. If users receive any misleading information, please contact the Aleo Foundation team through official channels.
#zachxbt
#zachxbt
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Baby Dogecoin surges $200 in 30 days
After Baby Doge Coin was listed on Binance, its value increased significantly, reaching a new high, attracting more attention, and analysts predict further growth in the future. #zachxbt
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Greeks.live: Options market trading volume hit a one-month high today, with cumulative block trades exceeding $1 billion
Stimulated by the Bitcoin price breaking through $72,000, the options market's trading volume hit a one-month high today, with a total of over $1 billion in cumulative block trades. Among them, the call option trading volume was about $700 million, and the put option trading volume was about $300 million. It is worth noting that a proportional spread strategy transaction: a large investor sold 250 call options with an exercise price of $75,000 and bought 500 call options with an exercise price of $90,000, indicating that it expected Bitcoin to either not reach a new high or quickly hit $100,000 once it broke through. This trading strategy saved about $13,000 in slippage through block trading, showing a bold and sophisticated market layout. #zachxbt
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MicroStrategy founder: Consensus on a balanced digital asset regulatory framework is emerging
Regarding the upcoming crypto bill, MicroStrategy founder Michael Saylor posted on the X platform that people are forming a consensus on a comprehensive and balanced digital asset regulatory framework, which will benefit Bitcoin, the cryptocurrency industry, the United States, and the world. #zachxbt
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A Confidential Personnel Sentenced to Life Imprisonment for Stealing State Secrets Due to Debts from Virtual Currency Investment
The Ministry of State Security published a case on November 8: Wang stole state secret information in exchange for virtual currency. Wang was originally a public official in a confidential unit. Due to losses in virtual currency investment, he incurred huge debts and was lured and incited by foreign spy intelligence agencies, gradually leading him down the path of crime. After investigation by the national security agency, it was found that Wang provided top-secret and classified national secrets to the other party, obtaining spy funds equivalent to more than 1 million RMB through virtual currency recharge, trading, and cashing out.
Ultimately, Wang was sentenced to life imprisonment for espionage by the people's court, and was deprived of political rights for life. The unit where Wang worked did not strictly implement secrecy management systems and protective measures, providing an opportunity for Wang to steal secrets for foreign spy intelligence agencies. The national security agency, together with relevant departments, conducted joint law enforcement work against Wang's unit in accordance with the law, ordering it to rectify within a specified time.
Ultimately, Wang was sentenced to life imprisonment for espionage by the people's court, and was deprived of political rights for life. The unit where Wang worked did not strictly implement secrecy management systems and protective measures, providing an opportunity for Wang to steal secrets for foreign spy intelligence agencies. The national security agency, together with relevant departments, conducted joint law enforcement work against Wang's unit in accordance with the law, ordering it to rectify within a specified time.
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Polyhedra Network Partners with EigenLayer to Introduce Double Staking for Bitcoin zkBridge
According to official news, Polyhedra Network announced its cooperation with EigenLayer to build a safe and efficient cross-chain protocol from Ethereum to Bitcoin network. While utilizing zero-knowledge proof technology, this protocol introduces a double pledge mechanism and ensures network security through a clever penalty mechanism, thus bridging the Ethereum and Bitcoin networks.
zkBridge leverages EigenLayer’s decentralization and economic trust on Ethereum to bring secure and efficient interoperability to Bitcoin. This move not only brings new avenues of income for Bitcoin holders, but also injects vitality into the entire Bitcoin ecosystem.
zkBridge leverages EigenLayer’s decentralization and economic trust on Ethereum to bring secure and efficient interoperability to Bitcoin. This move not only brings new avenues of income for Bitcoin holders, but also injects vitality into the entire Bitcoin ecosystem.
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The idea of hardcore Yanjiu bot Tugou monitoring notification
The article introduces a cryptocurrency called ParallelAI, including its market value, trading volume, increase in the number of coins held, and other related information. It also mentions the trading data and liquidity of the cryptocurrency. The article also mentions the tax rate, opening purchase limit, trading frequency and other details of the cryptocurrency. Finally, it also includes the proportion of the cryptocurrency and the information of the deployer. #zachxbt
The size of the Federal Reserve's balance sheet has fallen below $7 trillion, and it has shrunk by $
On November 9th, according to data from the Federal Reserve's official website, as of November 5th, the size of the Federal Reserve's balance sheet fell below $7 trillion, now reported at $6.994 trillion. The balance sheet has shrunk by approximately $1.505 trillion since the beginning of this year.
#zachxbt
#zachxbt
Ethereum Technologist Vinay Gupta Plans to Advise Trump Transition Team on Crypto Policy
Vinay Gupta, a technical expert who helped coordinate the release of Ethereum, is seeking to promote sensible cryptocurrency policies to President-elect Donald Trump's transition team. In addition, inspired by Trump's overwhelming victory on election day, Gupta is considering relocating himself and his team at the UK blockchain company Mattereum to the United States. He added, "We plan to quickly move personnel (including myself) to Washington, DC to help with the transformation of cryptocurrency in the United States." Gupta said that part of his plan includes replicating some policies he helped develop in the UK, including a recent parliamentary bill that attempts to formally define cryptocurrency assets as property, and successfully pushing the country to recognize smart contracts as "actual contracts."
#zachxbt
#zachxbt
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A whale transferred 2.47 million BIGTIME to Coinbase 3 hours ago, with an estimated profit of $1.15 million
The Data Nerd monitoring shows that a whale transferred 2.47 million BIGTIME (worth approximately US$1.65 million) to Coinbase 3 hours ago.
It is reported that the purchase cost of this address is about US$0.2, and it is expected to make a profit of US$1.15 million. #zachxbt
It is reported that the purchase cost of this address is about US$0.2, and it is expected to make a profit of US$1.15 million. #zachxbt