Cardano founder launches $1 million challenge to ADA community:
Details In a recent X post, Cardano founder Charles Hoskinson has addressed the ADA community, challenging its members with hacking a Lace Paper Wallet, a new security feature of Cardano Web3 wallet Lace. Hoskinson announced at the recent Rare Evo 2024 that a $1 million USDM bounty is waiting for anyone who could hack and gain control of Lace Paper Wallet. "If you can hack it; You can keep it! 1 million dollars!" reads the Cardano founder's X post. As stated on Lace's website, thanks to the Paper Wallet feature, users with existing PGP keys can now back up their wallet with a single encrypted QR code. The Lace Paper Wallet Bug Bounty Program will stay open until the end of 2024 â or until someone hacks it. #CardanoSurprise #PowellAtJacksonHole #CryptoMarketMoves #HamsterKombat #BinanceTurns7
5 Best Crypto For Bull Run to Buy Before They Explode! (10000x ROI in 2024)
As the crypto market gears up for the next major bull run, the excitement among investors is palpable. Historical trends have shown that these periods of explosive growth can offer remarkable returns for those who invest wisely. With 2024âs crypto bull run on the horizon, now is the perfect time to explore cryptocurrencies poised for monumental gains. This article highlights five top crypto picks that have the potential to deliver up to 10000x ROI.
From groundbreaking projects revolutionizing digital experiences to established giants innovating on new fronts, these coins are primed for significant upward momentum. Whether youâre an experienced investor or just getting started, these selections of 5 best crypto for a bull run to buy could be your key to capitalizing on the impending crypto boom.
With the potential for astronomical gains, these cryptocurrencies are not just fleeting trends but revolutionary technologies and platforms that are set to reshape their respective industries.
5thScape (5SCAPE): The Future of Immersive Entertainment
Ethereum (ETH): The King of Smart Contracts
Polkadot (DOT): The Internet of Blockchains
Cardano (ADA): A Pioneer in Proof-of-Stake
Solana (SOL): The High-Speed Blockchain
With the crypto market poised for unprecedented growth, these five cryptocurrencies stand out for their potential to deliver exceptional returns. Each project brings unique innovations and strengths to the table, setting them up for success in the upcoming bull run.
Man allegedly tries to ârecoverâ losses from BitConnect, kidnapping two
Indiaâs law enforcement has arrested a man suspected of kidnapping two people connected to a once well-known crypto âPonzi' in an attempt to ârecover his investment.â
In an Aug. 17 statement, the Indian Enforcement Directorate (ED) of Ahmedabad said Shailesh Babulal Bhatt lost money investing in BitConnect Coin, a cryptocurrency linked to the now-defunct crypto platform BitConnect â which authorities have labeled a global 'Ponzi' scheme. To ârecover his investment,â the ED alleges Bhatt, along with accomplices, kidnapped two employees of BitConnectâs creator Satish Kumbhani, extorting 2,091 Bitcoin (BTC), 11,000 LiteCoin (LTC) and around $1.7 million (145 million Indian rupees) in return for their release.
The ED says during its investigation, Bhatt revealed he paid his accomplices $34 million (2.9 billion Indian rupees) for âtheir active participation âin kidnapping and extortion, which was further used to purchase âimmovable properties, gold and other assets.â
Bhatt was arrested on Aug. 13 under Indiaâs Prevention of Money-Laundering Act (PMLA) and has been in ED custody after appearing before a Special Court (PMLA) in Ahmedabad.
According to the ED, the investigation into Bhatt was opened based on two First Information Reports (FIR) about BitConnect from the State Crime Investigation Department (CID) in Surat.
The law enforcement agency says it has already recovered âmovable and immovable properties" worth $52 million (4.4 billion Indian rupees). The investigation is still ongoing.
BitConnect launched in 2016 and collapsed in 2018, with 4,000 people from 95 countries losing an estimated $2.4 billion. Itâs alleged the whole enterprise was a massive Ponzi scheme. Bitconnect founder Satish Kumbhani was charged by the Department of Justice (DOJ) in February of 2022 for running an alleged Ponzi scheme via BitConnectâs Lending Program. #LowestCPI2021 #BinanceLaunchpoolTON #BlackRockETHOptions #BinanceHODLerBANANA #HamsterKombat
According to Arkham Intelligence, the US government now has roughly 54.897 billion Shiba Inu (SHIB) tokens. These tokens, confiscated via various law enforcement proceedings instead of being acquired, are now part of a digital asset portfolio that includes Bitcoin and other cryptocurrencies. The value of these SHIB holdings is estimated at around $729,581, based on the current market price of $0.00001329 per token. This revelation places SHIB as one of the substantial holdings within the governmentâs crypto wallet, although it ranks lower in value than other assets like Bitcoin. The governmentâs possession of such a large quantity of SHIB tokens categorizes it as a âwhaleâ within the cryptocurrency sector, which implies that any future decisions to sell the holdings could considerably influence market dynamics. Historical precedents in other countries, such as Germanyâs sale of Bitcoin, have shown that government liquidation of crypto assets can lead to significant price movements.
While U.S. officials have not indicated plans to sell the SHIB tokens, investors and market analysts remain concerned about the potential for such an action. Despite its relatively modest value compared to the governmentâs total crypto assets, the volume of SHIB held highlights the governmentâs unintentional but notable influence in the meme coin market. Analysts are closely monitoring the situation, given that future government actions regarding these holdings could provide insights into broader strategies or intentions concerning regulatory or financial manoeuvres in cryptocurrency.
This detailed inventory and analysis of government-held cryptocurrencies underscore the growing intersection of traditional governmental operations with the burgeoning digital currency markets. It also reflects the increasing acknowledgement of cryptocurrencies as assets and potential tools in legal and financial frameworks. #LowestCPI2021 #BinanceLaunchpoolTON #shiba⥠#SahmRule #Babylon_Mainnet_Launch
Top Trader Eugene Ng Ah Sio Adopts Long-Term Strategy According to Odaily, top trader Eugene Ng Ah Sio recently shared on social media that he is currently not concerned with short-term price fluctuations. He has completed his accumulation of altcoins for long-term holding. Moving forward, he plans to adopt a wait-and-see approach, refraining from frequent trading activities. Ng Ah Sio intends to quietly observe market trends to determine whether his strategy will result in profit or loss.
Over $600 Million Worth Of stETH Deposited Into Arweave AO
According to Odaily, Arweave AO has announced on the X platform that more than $600 million worth of stETH has been deposited into AO. This significant deposit highlights the growing trust and utilization of Arweave AO in the cryptocurrency community. The announcement underscores the platform's capacity to handle substantial transactions and its role in the broader digital asset ecosystem.
During their latest meeting, Donald Trump and Elon Musk reportedly discussed a range of topics, including cryptocurrency policy. While Trump is increasingly highlighting Bitcoin and other digital assets in his campaign, Musk has publicly denied having specific talks about cryptocurrency with Trump. Musk did, however, indicate his general support for initiatives that transfer power from the government to the people, which aligns with the principles behind cryptocurrencies.
Despite Musk's denial of direct crypto discussions, it is evident that cryptocurrency is becoming a significant element in Trump's campaign strategy. Trump has been actively promoting Bitcoin and has promised to commute the sentence of Ross Ulbricht, the founder of Silk Road, if re-elected. This shift towards a pro-crypto stance is part of his broader strategy to attract digital asset enthusiasts and voters interested in technological innovation.
Additionally, there is speculation that Musk could take on an advisory role in Trump's campaign, potentially influencing the integration of crypto advocacy in the political dialogue. This development underscores the growing intersection between technology and politics, with influential figures like Musk playing a crucial role in shaping future policies
So now itâs finally trump vs Harris ? The question is as a crypto trader what we have to think on this? For the past few months, Trump has talked about crypto and everytime after his Statements the market went up, so the people who are trying to boost the hype by posting every single thing about united elections they should know the elections are held by November and we are in July rn, too much time to happen things, as for now we have analysed the market and BTC is about to go down, the dump we are expecting is max 6-7% from $68300 , you can open a short position between $67500 - $68300 And please do not go more than 10x .
Our Journey: From Humble Beginnings to Binance Listing
A year ago, we started working on a public bot, initially intended for friends, to provide access to one of the best tools on Ethereum. We soon realized that by bundling snipers together, we could empower small traders to compete with larger players, making the market more fair. This led to the creation of Banana Gun.
Our growth was rapid, primarily driven by word of mouth. We believed that our success depended on our users, so we focused on building a community-driven protocol. We crafted our tokenomics carefully, rejecting private rounds and OTC requests from VCs, and instead chose to reward bot users with liquid tokens through our Banana Bonus program.
Despite a rocky launch, we persevered and continued to build. We innovated hard, being the first to introduce many features, and ensured top-notch tech and 24/7 support. Our Bananalympics event in November 2023 showcased the skills of top traders, and we reached a milestone of $1B volume in January. We've since deployed our Solana bot, added new chains, upgraded our back-end, and closed partnerships.
Now, with our Binance listing, we feel we're just getting started. We're excited to make our token accessible to a broader audience and accelerate our growth. We're grateful for the support of our community and look forward to building together with you in the future.
Our next chapter includes a rebuilt Solana Reborn bot, a webapp for a seamless user experience, and a public API for integration with other dapps and bots. Thank you for your faith in us, and let's build a brighter future together!"
Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In
The Shiba Inu (SHIB) and Terra Classic (LUNC) ecosystems have become known for their regular token burns, which aim to increase the value of these coins. A computer engineer has given his opinion on this burn mechanism, revealing between Shiba Inu and LUNC, which will likely reach their desired goal of $0.01. Will Shiba Inu And LUNC Reach $0.01? Computer engineer Charu Bey suggested in an X (formerly Twitter) post that only LUNC will likely reach its desired goal of $0.01 through its burn mechanism. He stated that the $0.01 price target is ânot a dream for LUNC,â meaning it is more likely to become a reality at some point, although the engineer warned that it wasnât financial advice. On the other hand, he expressed his sadness for Shiba Inu while suggesting that the meme coinâs burn mechanism hasnât changed much, considering that the token still has a circulating supply of 589 trillion. He further remarked that the SHIB community is âvery quietâ about this development, unlike the LUNC community, which is still dissatisfied despite burning millions of LUNCs daily, with the token currently having a circulating supply of âonlyâ 5.44 trillion. Shiba Inu and LUNC have adopted similar burn mechanisms, with some transaction fees earned deployed for token burns. LUNC has, however, had extra help considering that the worldâs largest crypto exchange by market cap, Binance, has also committed to burning trading fees earned from the token monthly. Data from LUNC Metrics shows that Binance has burnt almost 62 billion LUNC tokens (48.9% of total tokens burnt so far). Meanwhile, Shiba Inu has had to rely on the layer-2 network Shibarium for most of its token burns this past year. However, network activity on Shibarium has continued to slow at times, leading to a decrease in the rate at which Shiba Inu burns are carried out. How Token Burns Can Cause Shiba Inu To Reach $0.01 According to Shiba Inuâs burn tracker, Shiba Inuâs maximum circulating supply will need to drop to around 126 trillion for its price to reach $0.01. That means about 78.52% of the meme coinâs circulating supply must still be burnt to achieve this goal. Crypto YouTuber Jeff once suggested that it was almost unlikely for Shiba Inu to reach this price target, claiming that it would take about 1.1 million years just for 100 billion tokens to be burned. Crypto analyst Oscar Ramos previously suggested that Shiba Inu could reach $0.01 but added that he doesnât see the meme coin going above this level because of its circulating supply. He made this statement in reaction to a prediction by the price prediction website Telegaon, which showed that Shiba Inu could reach $0.5 in 2040. The post Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In appeared first on Crypto Breaking News.
Be aware of potential P2P disputes due to blocked accounts! Recent cases involve buyers engaging in off-platform deals, receiving third-party payments, and selling USDT at higher rates elsewhere, resulting in fraud complaints and account blocks.
_ESSENTIAL PRECAUTIONS_- Thoroughly verify transactions- Obtain video statements and buyer mobile numbers- Record transaction history and proof of funds- Cancel trades if buyers can't provide required information
_PROTECT YOUR ACCOUNT_- Always obtain a video statement and buyer mobile number- Record transaction history and proof of funds- Be cautious of third-party payments and off-platform deals
_ENSURE SECURE TRANSACTIONS ON BINANCE P2P_#BinanceTournament #Write2Earn!
đš Urgent Reminder: Avoid Costly Mistakes During $LISTA Launch! đš
As $LISTA launches today on Binance Launch Pool, be cautious to avoid common pitfalls. Here's what you need to know:
**#LISTA Launch Today**
Many will rush to buy at launch, potentially driving prices up by over 3000%. Recall the NFP launch a few months agoâmany bought at the peak and never saw the initial price again. Don't repeat that mistake!
**Market Prediction**
Given the current market conditions, a dip in LISTA is likely. Take precautions.
**Smart Strategies**-
**If You've Mined the Token: ** Hold onto it.- **If You're Planning to Buy at Launch: ** Avoid buying immediately to prevent significant losses. The market sentiment is bearish, so control your greed.Today, those who staked BNB and FDUSD will receive LISTA coins. Some will sell right away, while others will hold. If you haven't staked LISTA, enter with a proper plan and risk management.
**Stay Smart and Safe**
Control your greed and make informed decisions. Turn off the exchange if necessary to avoid impulsive buying. Always do your own research (DYOR).
**The Truth Revealed: Can Memecoins Like Shiba and Pepe Ever Hit $1?**
**Massive Supply Barrier**
Memecoins like Shiba Inu ($SHIB) and Pepe ($PEPE) will never hit $1 due to their enormous circulating supplies. For instance, $SHIB would need a market cap of $589.52 trillion to reach $1 per token, far exceeding the global economy. The same logic applies to other memecoins.
**Market Cap Reality**
A $1 price for these memecoins would imply a market cap larger than the entire financial market. Understanding this is crucial to avoid unrealistic expectations and potential losses.
**Crypto Education**
Investing in memecoins isnât a get-rich-quick scheme. Proper research and realistic expectations are key.
đŠ The Shiba Inu Community Has Officially Asked Binance To Burn SHIB
The Shiba Inu community is intensifying efforts to have Binance burning SHIB tokens using a portion of the tokenâs trading fees. Popular community member Labib recently launched a petition on Change.org asking the worldâs largest crypto exchange to implement a daily burn of 1% of all Shiba Inu trading fees on its platform.According to Labib, this move is necessary for the long-term success and sustainability of Shiba Inu.
The community member highlighted that this proposal would help reduce the massive amount of SHIB in circulation, potentially increasing scarcity and increasing the price of the token. Labib said that while members of the Shiba Inu community believe in the potential and unique tokenomics of SHIB, they recognize burning as an important way to strengthen the tokenâs value proposition.
As of July 18, the petition has already attracted 111 signatures out of the initial target 200. In the meantime, the petition boasts 142 signatures, with 58 signatures left before it reaches its initial target. Notably, the ultimate goal is to hit a milestone of 50,000 signatures.
The creator of the petition believes the community could achieve the 50,000 signature target by sharing it across every nook and cranny of the Shiba Inu ecosystem.
ETH breaks through $3,500.00 and is now trading at $3,500.00
ETH broke through $3,500.00 and is now priced at $3,500.00. The market is volatile, and Cointime reminds investors to pay attention to risk control. #ETH_ETF_Approval_23July #Write2Earn!
Imagine this scenario: You invest in a token at $0.001, aiming for a 5x gain at $0.005. The token rises to $0.0044 but then dips. You panic and sell, fearing losses. Soon after, it rebounds to $0.0055. Regret sets in, but you hesitate to buy back, trapped in loss aversion. As the token continues to surge, you wish for a dip to your initial sell price, only to lose interest when it nearly reaches that level.
Then, the token pumps again, and you feel indifferent, missing its climb to $0.01. Eventually, it hits $0.1, leaving you to realize you've missed a 100x return. This common pitfall underscores a crucial lesson: crypto investment requires a steady hand and a long-term perspective.
Crypto isn't about gambling on short-term gains but making informed decisions based on solid research. Look at tokens like Wif, which rose from $0.002 to over $2, or Notcoin, climbing from $0.005 to $0.02. These stories highlight the potential for significant returns if you hold through market fluctuations.
Avoid letting emotions dictate your investment strategy. Instead, maintain discipline and focus on the fundamentals of the projects you invest in. Remember, success in crypto often rewards patience and conviction.
Wishing you prosperity in this bullish market. Stay informed and ahead. For more insights and tips on navigating the crypto landscape, follow along for continuous guidance. Your journey to profitable investing begins with knowledge and resilience.
The meme-based crypto Pepe coin (PEPE) surged by 23% on July 16th after Nascent, a venture capital firm, bought 141 billion PEPE tokens.
 LookOnChainâs data shows Nascent swapped $3.41 million of MKR tokens for 141.23 billion PEPE and 281,000 LDO tokens on Binance, bringing their total PEPE holdings to 608.85 billion, worth $7.49 million.
Pepe coinâs latest jump is impressive, hitting a new record of $0.00001718 and bouncing back from market dips to $0.00001178. Derivatives data indicates a positive outlook, with futures open interest increasing by 17.48% to $134.2 million and derivatives trading volume jumping by 216.89% to $3.91 billion. The (RSI) is around 58, suggesting a neutral market with a slight buying push3.
Despite the positive trends, the crypto market remains volatile, and investors should monitor PEPE closely for potential changes.
 #pepe⥠ #predictons  #BinanceTurns7  #Mt_Gox_BTC_Dip  #ETH_ETF_Approval_23July $BNX  $WLD
đč Imagine in October 2020: You invested $50 in Uniswap ($UNI ) when it was $3/token, buying 17 tokens.
đ By April 2021: The price soared to $30/token. Selling your 17 tokens would have netted you $510âa $460 profit in just six months!
đ° Why Invest in Uniswap Now?Uniswap isn't just a token; it's the backbone of a revolutionary decentralized exchange. Investing in $UNI means supporting the future of efficient, decentralized financial transactions.
đŸ Join the Movement:Don't miss out on the opportunity to invest in Uniswap and be part of the shift towards a decentralized financial system!âł Act now and seize the future with Binance!
Binance Auto-Invest has launched a special promotion for all Auto-Invest Plans.
Activity Period: 2024-07-17 00:00 (UTC) to 2024-10-16 23:59 (UTC)
During the Activity Period, both ongoing and new Auto-Invest plans will enjoy zero fees for every successful trade, this includes all subscription fees including Index plans.Â
How to subscribe to a plan on Binance Auto-Invest:
Step 1: Log in to your Binance account and click on [Trading Bots] > [Auto-Invest].
Step 2: Choose an Auto-Invest plan and click [Create].
Step 3: Set your Auto-Invest parameters, click [Next], confirm your order and youâre done.Â
đŽ ELON MUSK TRIED TO MANIPPULATE $XRP PRICEđŽ
Elon Muskâs recent tweet featuring the X logo has sparked significant reactions from the XRP community.
Many users, including major XRP fan , noted the similarity between the X logo and the XRP coin logo, fueling speculation that Musk might integrate XRP into his social media platform.
In addition, X Payments, a subsidiary of X, has secured a Money Transmitter License in 29 states, moving closer to becoming a major player in online payments34. This development aligns with Muskâs vision of transforming X into a comprehensive payment platform, potentially including cryptocurrency transactions.
This is not the first time he already played so many times with Dogecoin and other meme coins too.
$FLM  $NOT  #XRPGoal  #xrp  #Xrpđ„đ„ đ„ #Ethereum_ETFs_Expected_Date  #XRPETFApproval