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POND0X Protocol: A Year of Innovation and Transformation in the Crypto MarketThis past Saturday, August 31, 2024, the POND0X Protocol and its respective DEX celebrated one year since their launch. This milestone is not just a celebration of time but a testament to the impressive numbers achieved during this period. In just one year of activity, the POND0X Protocol has accomplished: Over 754,000 swaps performed.A total volume of $901.5 million.More than $30 million distributed to its users in the form of tokens, yield, and other rewards. Currently, the protocol is in the midst of a new distribution of at least $20 million in rewards for its OG Users—those who, from the beginning, supported the protocol, dedicating their time and effort to sustaining the project in its early stages. A Year of Intense Work and the Promise of Revolution After a year of intense work and development by the entire technical and development team, the POND0X Protocol is ready to catapult its ecosystem and promote the greatest disruption ever seen in the crypto market. This advancement will be marked by both innovation and the distribution of rewards to its users. The protocol, whose main currency is $PNDC and whose official meme coin is $PORK (Pepe Fork), is undergoing the most significant transformation in its history. In just one year, the POND0X Protocol promises to innovate, transform, and reshape the crypto market in an unprecedented way. The Transition to Crypto 2.0 The POND0X Protocol is currently leading the transition from Crypto 1.0 to Crypto 2.0. The focus is on the user and retail, making access to crypto market functionalities easier and more efficient for the end user, rather than favoring large institutions that have monopolized the sector. One of the major objectives of this protocol is to protect retail, placing the user at the center of operations and providing a safe, positive, and innovative experience in the crypto market. CHECK-IN: A New Era of Rewards and Functionalities At this moment, the POND0X Protocol is implementing the so-called CHECK-IN, where all users are invited to complete some tasks to qualify for the new distribution of rewards. Additionally, these users will have exclusive access to a range of new tools, solutions, and functionalities that the protocol is about to launch in the crypto market. This is expected to be one of the largest transformations the crypto market has witnessed in recent years. The POND0X Protocol will not only offer a large number of innovative solutions but will also concentrate all these tools within a single protocol—something rare in the current crypto market, where various solutions are scattered across different blockchains and protocols, complicating usage for the end consumer. The Interconnection with Solana and the Future of Blockchain The POND0X Protocol operates on the Ethereum network, but one of the big news is the integration with the Solana blockchain through an entanglement system. This interconnection between different blockchains and tokens facilitates the movement of assets and data across networks, enhancing liquidity, functionality, and collaboration in decentralized ecosystems. The concept of entanglement can also be seen as a connection inspired by quantum entanglement, where the state of one blockchain instantly affects another, regardless of distance. This advancement aims to improve security, interoperability, and efficiency in blockchain systems, potentially leveraging quantum computing for a more secure network. POW Mining and the Magma Blockchain Another major innovation is the imminent launch of the POW Mining system, which will allow users to mine tokens that will be announced soon by the protocol. This system will enable the execution of various tasks, such as token locking, yield reception, spawn, breed, swap, stake, buy, sell, among many other functionalities. Furthermore, the POND0X Protocol is developing the Magma Blockchain, which is on the verge of being launched and promises to further transform the crypto market. However, more details about this new blockchain will be revealed in a future article. The Promising Future of the POND0X Protocol In recent years, the crypto market has experienced a stagnation in innovation, with few protocols truly innovating. However, the POND0X Protocol promises to resonate globally in this sector, innovating and transforming the industry like never before. The future of the POND0X ecosystem, its DEX, the core currency $PNDC, and its meme coin $PORK is extremely promising. As a writer and enthusiast of the crypto market, I am deeply impressed and excited about what is to come. If you are someone interested in this market, you won't want to miss out on this protocol and all the new developments that will be launched in the coming days. Stay tuned, because the POND0X Protocol has everything to be one of the biggest disruptions in the crypto market in the coming times, bringing significant value to its entire ecosystem. #BNBChainMemecoins #SolanaUSTD #BinanceSquareFamily

POND0X Protocol: A Year of Innovation and Transformation in the Crypto Market

This past Saturday, August 31, 2024, the POND0X Protocol and its respective DEX celebrated one year since their launch. This milestone is not just a celebration of time but a testament to the impressive numbers achieved during this period. In just one year of activity, the POND0X Protocol has accomplished:
Over 754,000 swaps performed.A total volume of $901.5 million.More than $30 million distributed to its users in the form of tokens, yield, and other rewards.
Currently, the protocol is in the midst of a new distribution of at least $20 million in rewards for its OG Users—those who, from the beginning, supported the protocol, dedicating their time and effort to sustaining the project in its early stages.
A Year of Intense Work and the Promise of Revolution
After a year of intense work and development by the entire technical and development team, the POND0X Protocol is ready to catapult its ecosystem and promote the greatest disruption ever seen in the crypto market. This advancement will be marked by both innovation and the distribution of rewards to its users.
The protocol, whose main currency is $PNDC and whose official meme coin is $PORK (Pepe Fork), is undergoing the most significant transformation in its history. In just one year, the POND0X Protocol promises to innovate, transform, and reshape the crypto market in an unprecedented way.
The Transition to Crypto 2.0
The POND0X Protocol is currently leading the transition from Crypto 1.0 to Crypto 2.0. The focus is on the user and retail, making access to crypto market functionalities easier and more efficient for the end user, rather than favoring large institutions that have monopolized the sector.
One of the major objectives of this protocol is to protect retail, placing the user at the center of operations and providing a safe, positive, and innovative experience in the crypto market.
CHECK-IN: A New Era of Rewards and Functionalities
At this moment, the POND0X Protocol is implementing the so-called CHECK-IN, where all users are invited to complete some tasks to qualify for the new distribution of rewards. Additionally, these users will have exclusive access to a range of new tools, solutions, and functionalities that the protocol is about to launch in the crypto market.
This is expected to be one of the largest transformations the crypto market has witnessed in recent years. The POND0X Protocol will not only offer a large number of innovative solutions but will also concentrate all these tools within a single protocol—something rare in the current crypto market, where various solutions are scattered across different blockchains and protocols, complicating usage for the end consumer.
The Interconnection with Solana and the Future of Blockchain
The POND0X Protocol operates on the Ethereum network, but one of the big news is the integration with the Solana blockchain through an entanglement system. This interconnection between different blockchains and tokens facilitates the movement of assets and data across networks, enhancing liquidity, functionality, and collaboration in decentralized ecosystems.
The concept of entanglement can also be seen as a connection inspired by quantum entanglement, where the state of one blockchain instantly affects another, regardless of distance. This advancement aims to improve security, interoperability, and efficiency in blockchain systems, potentially leveraging quantum computing for a more secure network.
POW Mining and the Magma Blockchain
Another major innovation is the imminent launch of the POW Mining system, which will allow users to mine tokens that will be announced soon by the protocol. This system will enable the execution of various tasks, such as token locking, yield reception, spawn, breed, swap, stake, buy, sell, among many other functionalities.
Furthermore, the POND0X Protocol is developing the Magma Blockchain, which is on the verge of being launched and promises to further transform the crypto market. However, more details about this new blockchain will be revealed in a future article.
The Promising Future of the POND0X Protocol
In recent years, the crypto market has experienced a stagnation in innovation, with few protocols truly innovating. However, the POND0X Protocol promises to resonate globally in this sector, innovating and transforming the industry like never before.
The future of the POND0X ecosystem, its DEX, the core currency $PNDC, and its meme coin $PORK is extremely promising. As a writer and enthusiast of the crypto market, I am deeply impressed and excited about what is to come. If you are someone interested in this market, you won't want to miss out on this protocol and all the new developments that will be launched in the coming days. Stay tuned, because the POND0X Protocol has everything to be one of the biggest disruptions in the crypto market in the coming times, bringing significant value to its entire ecosystem.

#BNBChainMemecoins #SolanaUSTD #BinanceSquareFamily
Your Crypto Wallet: The Universal Key to Your Digital and Financial WorldA crypto on-chain wallet could become the key to everything by serving as a universal, secure, and decentralized identity and access management tool. Wallet is ze keyđŸ”‘đŸ§ đŸ‘šâ€đŸłâš™ïžđŸ·đŸŸŁđŸŒ‹đŸŒ Here's how it could work: Unified Digital Identity Your crypto wallet could store a decentralized digital identity (DID) that verifies who you are across multiple platforms. This could be used to log in to social media, email, and other online services without needing separate passwords or usernames for each. Instead, your wallet would cryptographically prove your identity. Access to Financial Accounts The wallet could be linked to your traditional bank accounts, debit, and credit cards. Through integration with financial institutions, you could use your wallet to approve transactions, manage accounts, and even access ATM services. This would enable secure, blockchain-based authorization for payments and banking services, reducing the risk of fraud. Secure Access to Online Accounts Rather than relying on traditional two-factor authentication methods, your wallet could be used to authenticate your access to email, cloud storage, and other sensitive online accounts. The cryptographic keys in your wallet would act as a secure method for verifying your identity, eliminating the need for passwords or SMS codes. Social Media Integration Your wallet could hold tokens or credentials that allow you to control access to your social media accounts. For example, you could sign posts, tweets, or content with your wallet’s private key, proving that they came from you. Additionally, this could be used to manage access to private groups or communities, where only users with certain tokens can participate. Payment and Subscription Management Your wallet could store and manage subscriptions to various services. Through smart contracts, you could automate payments for these services, ensuring they only charge you as agreed upon. This would give you better control over your recurring payments and eliminate the need for separate credit card information across multiple platforms. Access to Decentralized Applications (dApps) As a gateway to the decentralized world, your wallet would allow you to interact with various dApps. These applications could include anything from decentralized finance (DeFi) platforms to decentralized social networks, all accessible through a single, secure interface. Interoperability Across Ecosystems Your crypto wallet could enable seamless interaction between different blockchains and systems, allowing you to move assets, identity proofs, and data across platforms without needing multiple wallets or accounts. This could also extend to real-world applications like accessing smart home devices, vehicles, or even public services. Data Sovereignty and Privacy With your wallet at the center of your digital life, you would have full control over your personal data. Instead of handing over your data to centralized entities, your wallet could manage permissions and access, giving you the ability to share only what’s necessary and revoke access at any time. Tokenization of Assets and Credentials Your crypto wallet could also hold tokenized versions of your assets, like property deeds, certificates, or even your driver’s license. These tokenized credentials could be used for verification purposes in both the digital and physical world. Emergency Access and Recovery If you lose access to your wallet, advanced features like social recovery, multisig, or biometric authentication could be used to regain control, ensuring that you never lose access to your digital life. In essence, your crypto on-chain wallet would become a powerful tool that securely manages your entire digital and financial life, providing convenience, security, and control like never before. #CryptoNewsđŸš€đŸ”„ #NewsAboutCrypto

Your Crypto Wallet: The Universal Key to Your Digital and Financial World

A crypto on-chain wallet could become the key to everything by serving as a universal, secure, and decentralized identity and access management tool.
Wallet is ze keyđŸ”‘đŸ§ đŸ‘šâ€đŸłâš™ïžđŸ·đŸŸŁđŸŒ‹đŸŒ
Here's how it could work:
Unified Digital Identity
Your crypto wallet could store a decentralized digital identity (DID) that verifies who you are across multiple platforms. This could be used to log in to social media, email, and other online services without needing separate passwords or usernames for each. Instead, your wallet would cryptographically prove your identity.
Access to Financial Accounts
The wallet could be linked to your traditional bank accounts, debit, and credit cards. Through integration with financial institutions, you could use your wallet to approve transactions, manage accounts, and even access ATM services. This would enable secure, blockchain-based authorization for payments and banking services, reducing the risk of fraud.
Secure Access to Online Accounts
Rather than relying on traditional two-factor authentication methods, your wallet could be used to authenticate your access to email, cloud storage, and other sensitive online accounts. The cryptographic keys in your wallet would act as a secure method for verifying your identity, eliminating the need for passwords or SMS codes.
Social Media Integration
Your wallet could hold tokens or credentials that allow you to control access to your social media accounts. For example, you could sign posts, tweets, or content with your wallet’s private key, proving that they came from you. Additionally, this could be used to manage access to private groups or communities, where only users with certain tokens can participate.
Payment and Subscription Management
Your wallet could store and manage subscriptions to various services. Through smart contracts, you could automate payments for these services, ensuring they only charge you as agreed upon. This would give you better control over your recurring payments and eliminate the need for separate credit card information across multiple platforms.
Access to Decentralized Applications (dApps)
As a gateway to the decentralized world, your wallet would allow you to interact with various dApps. These applications could include anything from decentralized finance (DeFi) platforms to decentralized social networks, all accessible through a single, secure interface.
Interoperability Across Ecosystems
Your crypto wallet could enable seamless interaction between different blockchains and systems, allowing you to move assets, identity proofs, and data across platforms without needing multiple wallets or accounts. This could also extend to real-world applications like accessing smart home devices, vehicles, or even public services.
Data Sovereignty and Privacy
With your wallet at the center of your digital life, you would have full control over your personal data. Instead of handing over your data to centralized entities, your wallet could manage permissions and access, giving you the ability to share only what’s necessary and revoke access at any time.
Tokenization of Assets and Credentials
Your crypto wallet could also hold tokenized versions of your assets, like property deeds, certificates, or even your driver’s license. These tokenized credentials could be used for verification purposes in both the digital and physical world.
Emergency Access and Recovery
If you lose access to your wallet, advanced features like social recovery, multisig, or biometric authentication could be used to regain control, ensuring that you never lose access to your digital life.
In essence, your crypto on-chain wallet would become a powerful tool that securely manages your entire digital and financial life, providing convenience, security, and control like never before.
#CryptoNewsđŸš€đŸ”„ #NewsAboutCrypto
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Effects of Bad Communication on a Crypto Project/Ecosystem 1. Project Delays & Failures: Poor communication leads to delays, misaligned development, and potential project failure. 2. Resource Misallocation: Miscommunication results in the misallocation of funds, time, and developer effort, wasting critical resources. 3. Decreased Trust: Lack of transparency and clarity erodes trust within the community, leading to unproductive debates and weakened support. 4. Community Conflicts: Misunderstandings can cause community rifts, forks, and conflicts that threaten project unity and success. 5. Missed Milestones: Inconsistent communication results in missed milestones, disappointing stakeholders and investors. 6. Complex Governance Issues: Poor communication can complicate decentralized governance, causing confusion and indecision in crucial votes and proposals. 7. Reduced Innovation: A lack of clear, collaborative communication stifles creativity and innovation within the ecosystem. 8. Role Confusion: Unclear roles and responsibilities within decentralized teams lead to ineffective collaboration and project inefficiencies. 9. Negative Reputation: Communication gaps can damage the project's reputation, leading to loss of investor confidence and market position. 10. Need for Communication Training: Effective communication is often underdeveloped in crypto projects; upskilling in this area is essential for long-term success and community trust. #CryptoNewss
Effects of Bad Communication on a Crypto Project/Ecosystem

1. Project Delays & Failures: Poor communication leads to delays, misaligned development, and potential project failure.

2. Resource Misallocation: Miscommunication results in the misallocation of funds, time, and developer effort, wasting critical resources.

3. Decreased Trust: Lack of transparency and clarity erodes trust within the community, leading to unproductive debates and weakened support.

4. Community Conflicts: Misunderstandings can cause community rifts, forks, and conflicts that threaten project unity and success.

5. Missed Milestones: Inconsistent communication results in missed milestones, disappointing stakeholders and investors.

6. Complex Governance Issues: Poor communication can complicate decentralized governance, causing confusion and indecision in crucial votes and proposals.

7. Reduced Innovation: A lack of clear, collaborative communication stifles creativity and innovation within the ecosystem.

8. Role Confusion: Unclear roles and responsibilities within decentralized teams lead to ineffective collaboration and project inefficiencies.

9. Negative Reputation: Communication gaps can damage the project's reputation, leading to loss of investor confidence and market position.

10. Need for Communication Training: Effective communication is often underdeveloped in crypto projects; upskilling in this area is essential for long-term success and community trust.

#CryptoNewss
Restarting from Zero: A Guide for Crypto InvestorsLosing all your investments in a crypto token or project can be devastating. However, it’s essential to approach the situation with resilience and a strategic mindset. Here’s a step-by-step guide to help you restart from zero and build back stronger: 1. Accept the Loss and Reflect Acknowledge Reality: Recognize the loss and its emotional impact; this is crucial for moving forward.Analyze the Mistakes: Reflect on what went wrong. Did you over-leverage, fail to diversify, or ignore warning signs?Document Lessons Learned: Write down the lessons from this experience to avoid repeating the same mistakes. 2. Stabilize Your Finances Assess Current Financial Status: Evaluate your remaining assets, income sources, and liabilities.Create a Budget: Prioritize essential expenses and eliminate unnecessary spending.Establish an Emergency Fund: Set aside a small fund to cover unforeseen expenses and provide a safety net. 3. Rebuild Knowledge and Skills Educate Yourself: Take time to learn more about the crypto market, blockchain technology, and investment strategies.Follow Reputable Sources: Stay updated with information from trustworthy financial news outlets, analysts, and industry experts.Network with Experienced Investors: Engage with experienced investors in the community to gain insights and advice. 4. Start Small and Diversify Begin with a Modest Investment: Start with small, manageable amounts in diverse assets to rebuild confidence and experience.Diversify Across Assets: Spread investments across different cryptocurrencies, traditional assets, and industries to reduce risk.Use Dollar-Cost Averaging: Invest a fixed amount regularly to minimize the impact of market volatility. 5. Develop a Strategic Plan Set Clear Financial Goals: Define what you aim to achieve with your new investments, both short-term and long-term.Create a Risk Management Strategy: Set stop-loss limits and decide on an exit strategy to protect your capital.Regularly Review and Adjust: Continuously monitor your portfolio and adjust your strategy as needed based on market conditions. 6. Cultivate Patience and Discipline Avoid Chasing Losses: Resist the urge to make high-risk bets to quickly recover losses. Focus on sustainable growth.Stay Emotionally Detached: Make investment decisions based on analysis, not emotions.Practice Consistency: Stick to your plan, even during market downturns, and trust the process. 7. Consider Alternative Investments Explore Other Markets: Look into traditional investments like stocks, bonds, or real estate to diversify your portfolio further.Understand New Technologies: Stay informed about emerging technologies and trends that could present new investment opportunities. Restarting from zero after a significant loss is challenging, but with careful planning, education, and discipline, it’s possible to rebuild your financial future. Stay resilient, learn from your past, and approach each investment decision with a strategic mindset. #BinanceSquareFamily #educational #BinanceHODLerBANANA

Restarting from Zero: A Guide for Crypto Investors

Losing all your investments in a crypto token or project can be devastating. However, it’s essential to approach the situation with resilience and a strategic mindset. Here’s a step-by-step guide to help you restart from zero and build back stronger:
1. Accept the Loss and Reflect
Acknowledge Reality: Recognize the loss and its emotional impact; this is crucial for moving forward.Analyze the Mistakes: Reflect on what went wrong. Did you over-leverage, fail to diversify, or ignore warning signs?Document Lessons Learned: Write down the lessons from this experience to avoid repeating the same mistakes.
2. Stabilize Your Finances
Assess Current Financial Status: Evaluate your remaining assets, income sources, and liabilities.Create a Budget: Prioritize essential expenses and eliminate unnecessary spending.Establish an Emergency Fund: Set aside a small fund to cover unforeseen expenses and provide a safety net.
3. Rebuild Knowledge and Skills
Educate Yourself: Take time to learn more about the crypto market, blockchain technology, and investment strategies.Follow Reputable Sources: Stay updated with information from trustworthy financial news outlets, analysts, and industry experts.Network with Experienced Investors: Engage with experienced investors in the community to gain insights and advice.
4. Start Small and Diversify
Begin with a Modest Investment: Start with small, manageable amounts in diverse assets to rebuild confidence and experience.Diversify Across Assets: Spread investments across different cryptocurrencies, traditional assets, and industries to reduce risk.Use Dollar-Cost Averaging: Invest a fixed amount regularly to minimize the impact of market volatility.
5. Develop a Strategic Plan
Set Clear Financial Goals: Define what you aim to achieve with your new investments, both short-term and long-term.Create a Risk Management Strategy: Set stop-loss limits and decide on an exit strategy to protect your capital.Regularly Review and Adjust: Continuously monitor your portfolio and adjust your strategy as needed based on market conditions.
6. Cultivate Patience and Discipline
Avoid Chasing Losses: Resist the urge to make high-risk bets to quickly recover losses. Focus on sustainable growth.Stay Emotionally Detached: Make investment decisions based on analysis, not emotions.Practice Consistency: Stick to your plan, even during market downturns, and trust the process.
7. Consider Alternative Investments
Explore Other Markets: Look into traditional investments like stocks, bonds, or real estate to diversify your portfolio further.Understand New Technologies: Stay informed about emerging technologies and trends that could present new investment opportunities.
Restarting from zero after a significant loss is challenging, but with careful planning, education, and discipline, it’s possible to rebuild your financial future. Stay resilient, learn from your past, and approach each investment decision with a strategic mindset.

#BinanceSquareFamily #educational #BinanceHODLerBANANA
Binance Will List Toncoin (TON) with Seed Tag Applied Fellow Binancians,  Binance will list Toncoin (TON) and open trading for the following spot trading pairs at 2024-08-08 10:00 (UTC). New Spot Trading Pairs: TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY. Users can now start depositing TON in preparation for trading. Withdrawals will open at 2024-08-09 10:00 (UTC). TON Listing Fee: 0 BNB. Toncoin Network Explorer: tonviewer.com, tonscan.org, tonscan.com Notes: The seed tag will be applied to TON. TRY is a fiat currency and does not represent any other digital currencies. The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page. For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings. There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. What Is Toncoin (TON) Toncoin is a decentralized and open L1 blockchain, created by the community using a technology designed by Telegram. Reminder: TON is a new listed token that poses a higher than normal risk, and will likely be subject to high price volatility. Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the project before opting to trade the token. Seed tags represent innovative projects that may exhibit higher volatility and risks compared to other listed tokens. Seed tag will be applied to TON. #BinanceTurns7
Binance Will List Toncoin (TON) with Seed Tag Applied

Fellow Binancians, 

Binance will list Toncoin (TON) and open trading for the following spot trading pairs at 2024-08-08 10:00 (UTC).
New Spot Trading Pairs: TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY.

Users can now start depositing TON in preparation for trading.
Withdrawals will open at 2024-08-09 10:00 (UTC).
TON Listing Fee: 0 BNB.

Toncoin Network Explorer: tonviewer.com, tonscan.org, tonscan.com

Notes:
The seed tag will be applied to TON.

TRY is a fiat currency and does not represent any other digital currencies.

The withdrawal open time is an estimated time for users’ reference. Users can view the actual status of withdrawals on the withdrawal page.

For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.

There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

What Is Toncoin (TON)

Toncoin is a decentralized and open L1 blockchain, created by the community using a technology designed by Telegram.

Reminder:
TON is a new listed token that poses a higher than normal risk, and will likely be subject to high price volatility. Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the project before opting to trade the token.

Seed tags represent innovative projects that may exhibit higher volatility and risks compared to other listed tokens. Seed tag will be applied to TON.

#BinanceTurns7
Hacker Steals R$ 22 Million in Attack on Terra Blockchain The attack resulted in the theft of 60 million ASTRO tokens Hacker Steals R$ 22 Million in Attack on Terra Blockchain The attack resulted in the theft of 60 million ASTRO tokens and caused the currency to drop by 50% since then. The Terra blockchain, known for being the network of the defunct cryptocurrency LUNA, was halted early Wednesday morning (31st) after a hacker attack drained millions of tokens held on the network. In a post on X, Terra announced that the blockchain would be halted at block 11430400 to allow validators to apply an emergency patch to resolve the exploit. After the blockchain halt, the network resumed block production around 1:19 AM (Brasília time), after validators, holding over 67% of the network's voting power, updated their nodes to block the attack. According to blockchain security firm Beosin, the attack drained more than $4 million (R$ 22 million) in bridge tokens—which connect different networks—including 60 million ASTRO tokens and 2.7 BTC, as well as $3.5 million in USDC and $500,000 in USDT. Following the exploit, the price of Astroport's ASTRO token plummeted to a historic low of $0.01314 and is currently trading at $0.0218, a drop of more than 53% on the day, according to CoinGecko data. Terra's LUNA token, on the other hand, fell 2.7% on the day to $0.3944, after hitting $0.385 shortly after the attack. How did the attack happen? According to Beosin, the attack exploited a known vulnerability and involved deploying a malicious CosmWasm contract. This risk had been previously disclosed and involves a “reentrancy vulnerability in the ibc-hooks timeout callback,” part of the Inter-Blockchain Communication (IBC) protocol used to initiate contract calls and enable exchanges between networks. The Terra (LUNA) token, also known as Terra 2.0, is a hard fork derived from the original blockchain, named Terra Classic (LUNC), following the collapse of the Terra ecosystem in 2022. #LUNA✅ #LUNC✅ $LUNC $LUNA #BTC☀
Hacker Steals R$ 22 Million in Attack on Terra Blockchain
The attack resulted in the theft of 60 million ASTRO tokens

Hacker Steals R$ 22 Million in Attack on Terra Blockchain
The attack resulted in the theft of 60 million ASTRO tokens and caused the currency to drop by 50% since then. The Terra blockchain, known for being the network of the defunct cryptocurrency LUNA, was halted early Wednesday morning (31st) after a hacker attack drained millions of tokens held on the network.

In a post on X, Terra announced that the blockchain would be halted at block 11430400 to allow validators to apply an emergency patch to resolve the exploit.

After the blockchain halt, the network resumed block production around 1:19 AM (BrasĂ­lia time), after validators, holding over 67% of the network's voting power, updated their nodes to block the attack.

According to blockchain security firm Beosin, the attack drained more than $4 million (R$ 22 million) in bridge tokens—which connect different networks—including 60 million ASTRO tokens and 2.7 BTC, as well as $3.5 million in USDC and $500,000 in USDT.

Following the exploit, the price of Astroport's ASTRO token plummeted to a historic low of $0.01314 and is currently trading at $0.0218, a drop of more than 53% on the day, according to CoinGecko data.

Terra's LUNA token, on the other hand, fell 2.7% on the day to $0.3944, after hitting $0.385 shortly after the attack.

How did the attack happen?

According to Beosin, the attack exploited a known vulnerability and involved deploying a malicious CosmWasm contract. This risk had been previously disclosed and involves a “reentrancy vulnerability in the ibc-hooks timeout callback,” part of the Inter-Blockchain Communication (IBC) protocol used to initiate contract calls and enable exchanges between networks.

The Terra (LUNA) token, also known as Terra 2.0, is a hard fork derived from the original blockchain, named Terra Classic (LUNC), following the collapse of the Terra ecosystem in 2022.

#LUNA✅ #LUNC✅ $LUNC $LUNA #BTC☀
US Ethereum ETFs See Continued Outflows Led by Grayscale's ETHE On Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows, with Grayscale’s Ethereum Trust (ETHE) leading the way. According to sosovalue.xyz, the nine ETFs saw a collective exit of $152.3 million during Thursday’s trading sessions. Grayscale ETHE’s Third Day of Outflows Contributes to $178M Negative Net Inflow Grayscale’s ETHE marked its third consecutive day of outflows on Thursday, divesting $346.22 million. Since the launch of these ETFs, ETHE has reduced its holdings by a staggering $1.16 billion. In contrast, six ETFs recorded inflows, with Blackrock’s ETHA leading the charge by attracting $70.93 million in inflows during Thursday’s sessions. Grayscale’s Mini Ethereum Trust (ETH) followed closely, amassing $58.09 million. Fidelity’s FETH saw inflows of $34.32 million, while Bitwise’s ETHW logged $16.34 million. Vaneck’s ETHV absorbed $8 million, and Invesco’s QETH recorded around $6.24 million in gains. Meanwhile, Franklin Templeton’s EZET and 21shares’ CETH remained neutral, with neither outflows nor inflows. Due to the significant outflows primarily from ETHE over the last two days, the cumulative total net inflow remains negative, down by $178.68 million as of Friday morning. The ETFs collectively hold just under $9 billion in total ETH reserves, with their portfolios valued at approximately $8.97 billion, representing 2.36% of ETH’s overall market capitalization. The continued outflows from Grayscale’s ETHE have significantly impacted the overall net inflows for U.S. Ethereum ETFs, despite gains recorded by other funds. As these trends develop, the market will be closely watching to see if inflows can regain momentum and stabilize the overall holdings in these ETFs. $ETH #ETHETFS #ETHETFsApproved
US Ethereum ETFs See Continued Outflows Led by Grayscale's ETHE

On Thursday, U.S. spot ethereum exchange-traded funds (ETFs) experienced another day of net outflows, with Grayscale’s Ethereum Trust (ETHE) leading the way. According to sosovalue.xyz, the nine ETFs saw a collective exit of $152.3 million during Thursday’s trading sessions.

Grayscale ETHE’s Third Day of Outflows Contributes to $178M Negative Net Inflow

Grayscale’s ETHE marked its third consecutive day of outflows on Thursday, divesting $346.22 million. Since the launch of these ETFs, ETHE has reduced its holdings by a staggering $1.16 billion. In contrast, six ETFs recorded inflows, with Blackrock’s ETHA leading the charge by attracting $70.93 million in inflows during Thursday’s sessions.

Grayscale’s Mini Ethereum Trust (ETH) followed closely, amassing $58.09 million. Fidelity’s FETH saw inflows of $34.32 million, while Bitwise’s ETHW logged $16.34 million. Vaneck’s ETHV absorbed $8 million, and Invesco’s QETH recorded around $6.24 million in gains. Meanwhile, Franklin Templeton’s EZET and 21shares’ CETH remained neutral, with neither outflows nor inflows.

Due to the significant outflows primarily from ETHE over the last two days, the cumulative total net inflow remains negative, down by $178.68 million as of Friday morning. The ETFs collectively hold just under $9 billion in total ETH reserves, with their portfolios valued at approximately $8.97 billion, representing 2.36% of ETH’s overall market capitalization.

The continued outflows from Grayscale’s ETHE have significantly impacted the overall net inflows for U.S. Ethereum ETFs, despite gains recorded by other funds. As these trends develop, the market will be closely watching to see if inflows can regain momentum and stabilize the overall holdings in these ETFs.

$ETH #ETHETFS #ETHETFsApproved
Telegram CEO Predicts 2024 as the Year of Blockchain Mass Adoption Pavel Durov, CEO of Telegram, an encrypted cross-platform messaging service, foresees 2024 as the pivotal year for blockchain adoption. “2024 will go down in history as the year when hundreds of millions of people became familiar with blockchain. We’re proud that Telegram is at the epicenter of this societal transformation,” he shared on his Telegram channel last week. Durov explained: To keep the fire going, this month, we will introduce a mini app store and an in-app browser with support for Web3-pages. “We will also step up our efforts to fight the scammers seeking to defraud new entrants into the crypto realm,” Durov further revealed. “Soon, Telegram will begin displaying the month of registration and principal country for public accounts (similar to Instagram). We will also allow organizations to use their mini apps to issue labels for channels, creating a decentralized marketplace for third-party verification,” the CEO added. Telegram aims to develop decentralized tools, including non-custodial wallets and decentralized exchanges, to securely facilitate cryptocurrency transactions for millions, Durov said back in November 2022. He emphasized that with advancements like the Open Network (TON), the blockchain industry can fulfill its mission of empowering individuals and eliminating the need for centralized intermediaries. On Monday, Durov announced on his channel that Telegram has achieved a remarkable milestone, reaching 950 million monthly active users, a significant increase from the 900 million users the platform had in the spring. The number of users is now on track to surpass the monumental one billion user mark, he stressed. #CryptoNewsđŸš€đŸ”„ #BTC☀ $BTC $ETH $SOL
Telegram CEO Predicts 2024 as the Year of Blockchain Mass Adoption

Pavel Durov, CEO of Telegram, an encrypted cross-platform messaging service, foresees 2024 as the pivotal year for blockchain adoption. “2024 will go down in history as the year when hundreds of millions of people became familiar with blockchain. We’re proud that Telegram is at the epicenter of this societal transformation,” he shared on his Telegram channel last week.

Durov explained:

To keep the fire going, this month, we will introduce a mini app store and an in-app browser with support for Web3-pages.
“We will also step up our efforts to fight the scammers seeking to defraud new entrants into the crypto realm,” Durov further revealed. “Soon, Telegram will begin displaying the month of registration and principal country for public accounts (similar to Instagram). We will also allow organizations to use their mini apps to issue labels for channels, creating a decentralized marketplace for third-party verification,” the CEO added.

Telegram aims to develop decentralized tools, including non-custodial wallets and decentralized exchanges, to securely facilitate cryptocurrency transactions for millions, Durov said back in November 2022. He emphasized that with advancements like the Open Network (TON), the blockchain industry can fulfill its mission of empowering individuals and eliminating the need for centralized intermediaries.

On Monday, Durov announced on his channel that Telegram has achieved a remarkable milestone, reaching 950 million monthly active users, a significant increase from the 900 million users the platform had in the spring. The number of users is now on track to surpass the monumental one billion user mark, he stressed.

#CryptoNewsđŸš€đŸ”„ #BTC☀ $BTC $ETH $SOL
3 Books 3 Frogs 🐾🐾🐾: The Rise of $FEFE by Matt FurieAfter the successful runs of $PEPE and $HOPPY, it's time for the “last” frog character to shine: $FEFE Frog. The newest meme coin in town is generating substantial buzz and may very well be the next big thing in the crypto space. The First 7 Days of $FEFE Takeover $FEFE has had an explosive debut, achieving remarkable milestones in just one week: - Reached an all-time high (ATH) of $6.8 million market cap. - Trended on Dextools over 10 times. - Gained over 1150 holders. - Surpassed 1250 followers on X (formerly Twitter). - Grew its Telegram group to over 800 members. - Listed on CoinMarketCap (CMC). - Applied for listing on CoinGecko (CG). - Achieved over $7 million in trading volume. - Created dozens of unique custom art pieces. Community and Holder Overlap A significant portion of $FEFE's supply is held by $HOPPY and PEPE holders, indicating a strong community overlap: - Research shows 20% of $FEFE's supply is held by $HOPPY and PEPE holders. - 12k $HOPPY wallets and 1k $FEFE wallets overlap. - 173 wallets hold both $WAT (@Wat0x63) and $FEFE, comprising 15% of $FEFE wallets, with WAT holders possessing 46.97 million $FEFE tokens (11.16% of the supply). - 202 wallets hold both $HOPPY and $FEFE, making up 20% of $FEFE wallets, with HOPPY holders possessing 67.265 million $FEFE tokens (16% of the supply). - 25 HOPPY wallets, each holding $30k ATH of HOPPY, control 7% of $FEFE's supply. - 11 HOPPY wallets, each holding $100k ATH of HOPPY, control 5% of $FEFE's supply. Bullish Outlook for FEFE With just eight days since its launch, the strong overlap in holders suggests that significant whales from $HOPPY are interested in driving $FEFE. Such concentrated holdings are unusual for a $3 million market cap, indicating high interest and potential for significant growth. The narrative around $FEFE being the main frog from Matt Furie’s third title “Mindviscosity” is gaining traction. If PEPE can reach a $7 billion market cap and $HOPPY can hit $87 million, there's potential for $FEFE to reach at least $50 million in the short term. Meme Coin Mania As we look ahead, the meme coin market appears poised to lead the next bull cycle. If PEPE reaches a $50 billion+ market cap during the bull run, $HOPPY could surpass $1 billion, and $FEFE might follow suit, reaching hundreds of millions in market cap. With meme coin mania potentially taking over, retail interest could surge, making coins like $FEFE a significant player. These are exciting times in the meme coin market. Imagine a scenario where Coinbase ranks #1 on the app store, retail investors flock to meme coins, and $FEFE rides the wave to unprecedented heights. Meme coins are set to be one of the leaders of the upcoming bull cycle. $FEFE's promising start, strong community, and strategic holder overlap position it well for significant growth. Stay tuned for further updates on $FEFE as this exciting project continues to evolve. As always, this article is not financial advice but rather a highlight of promising projects with solid foundations and vibrant communities. Always do your own research before investing in any cryptocurrency. Crypto Dominium $PEPE #PEPEATH #MemeWatch2024 #ETHETFsApproved

3 Books 3 Frogs 🐾🐾🐾: The Rise of $FEFE by Matt Furie

After the successful runs of $PEPE and $HOPPY, it's time for the “last” frog character to shine: $FEFE Frog. The newest meme coin in town is generating substantial buzz and may very well be the next big thing in the crypto space.

The First 7 Days of $FEFE Takeover
$FEFE has had an explosive debut, achieving remarkable milestones in just one week:
- Reached an all-time high (ATH) of $6.8 million market cap.
- Trended on Dextools over 10 times.
- Gained over 1150 holders.
- Surpassed 1250 followers on X (formerly Twitter).
- Grew its Telegram group to over 800 members.
- Listed on CoinMarketCap (CMC).
- Applied for listing on CoinGecko (CG).
- Achieved over $7 million in trading volume.
- Created dozens of unique custom art pieces.

Community and Holder Overlap
A significant portion of $FEFE's supply is held by $HOPPY and PEPE holders, indicating a strong community overlap:
- Research shows 20% of $FEFE's supply is held by $HOPPY and PEPE holders.
- 12k $HOPPY wallets and 1k $FEFE wallets overlap.
- 173 wallets hold both $WAT (@Wat0x63) and $FEFE, comprising 15% of $FEFE wallets, with WAT holders possessing 46.97 million $FEFE tokens (11.16% of the supply).
- 202 wallets hold both $HOPPY and $FEFE, making up 20% of $FEFE wallets, with HOPPY holders possessing 67.265 million $FEFE tokens (16% of the supply).
- 25 HOPPY wallets, each holding $30k ATH of HOPPY, control 7% of $FEFE's supply.
- 11 HOPPY wallets, each holding $100k ATH of HOPPY, control 5% of $FEFE's supply.
Bullish Outlook for FEFE
With just eight days since its launch, the strong overlap in holders suggests that significant whales from $HOPPY are interested in driving $FEFE. Such concentrated holdings are unusual for a $3 million market cap, indicating high interest and potential for significant growth.

The narrative around $FEFE being the main frog from Matt Furie’s third title “Mindviscosity” is gaining traction. If PEPE can reach a $7 billion market cap and $HOPPY can hit $87 million, there's potential for $FEFE to reach at least $50 million in the short term.
Meme Coin Mania
As we look ahead, the meme coin market appears poised to lead the next bull cycle. If PEPE reaches a $50 billion+ market cap during the bull run, $HOPPY could surpass $1 billion, and $FEFE might follow suit, reaching hundreds of millions in market cap. With meme coin mania potentially taking over, retail interest could surge, making coins like $FEFE a significant player.
These are exciting times in the meme coin market. Imagine a scenario where Coinbase ranks #1 on the app store, retail investors flock to meme coins, and $FEFE rides the wave to unprecedented heights.

Meme coins are set to be one of the leaders of the upcoming bull cycle. $FEFE's promising start, strong community, and strategic holder overlap position it well for significant growth. Stay tuned for further updates on $FEFE as this exciting project continues to evolve.
As always, this article is not financial advice but rather a highlight of promising projects with solid foundations and vibrant communities. Always do your own research before investing in any cryptocurrency.
Crypto Dominium
$PEPE #PEPEATH #MemeWatch2024 #ETHETFsApproved
BREAKING🚹: Grayscale ETHEREUM TRUST SENDS $1.01 BILLION WORTH OF $ETH TO Coinbase PRIME It’s starting 🚀 Alt coin season is just around the corner. #ETHETFsApproved
BREAKING🚹: Grayscale ETHEREUM TRUST SENDS $1.01 BILLION WORTH OF $ETH TO Coinbase PRIME

It’s starting
🚀
Alt coin season is just around the corner.

#ETHETFsApproved
What is BRETT (0x66)? A Better Brett Meme Coin? Lets find out !On May 1, 2024, a new star was born in the cryptocurrency world—BRETT Meme Coin (BRETT). Inspired by the beloved character Brett from Matt Furie's Boy's Club comic series, BRETT has quickly captured the hearts and minds of the crypto community. With strong ties to other successful tokens like $PEPE, $ANDY, and $WOLF, BRETT is poised to become a major player in the meme coin space. The Origins of BRETT BRETT is not just another meme coin; it's a tribute to the iconic character from Matt Furie's Boy's Club, best friend to the renowned $PEPE (0x69), ANDY (0x68), and WOLF (0x67). This strong connection to established and beloved characters provides BRETT with a solid foundation and a ready-made community of supporters. The total supply of BRETT is 1,000,000,000,000 tokens. Early Success and Strong Community Support Since its stealth launch, BRETT has already amassed a significant following. With its market cap surging to approximately $47.11 million and its price hovering around $0.00002473, BRETT's impressive start is a testament to the strong community and dedicated developers backing the project. Why BRETT Stands Out It’s Bretter With Frens The Boys Club are now all together, as they always should have been. As the old saying goes: “Friends who play together, stay together.” BRETT distinguishes itself with its unique approach to community ownership and transparency: Contract Safety: Contract ownership was renounced immediately after creation, ensuring that no single entity has control over the project. No Smelly Taxes: There are no extra taxes on swaps or transfers of BRETT, making it transparent and community-friendly.LP Burned: All LP tokens were burned after adding 100% of BRETT as liquidity, ensuring the project's integrity and long-term stability. Building Back Bretter The BRETT project embodies the spirit of community and collaboration. BRETT aims to build back "Bretter" by fostering a strong and loyal community, dedicated to making the project a success. This ethos is reflected in the project's commitment to zero taxes and complete transparency, ensuring that the community is in full control. 100% Community Owned: BRETT is built for the community, to be owned fully by the community. There’s no one individual calling the shots.No Presale or Whitelist: 100% of BRETT was supplied to the Uniswap Liquidity Pool. Nothing is held back for any team, no allocation whatsoever. The community is in full control.LP Burnt and Contract Renounced: There can be no doubt about Brett’s honorable intentions after launch. The contract is fully renounced and the LP is 100% burned.Zero Taxes: There are no extra taxes on swaps, limits on sells, or any kind of shady tricks in Brett’s contract. Transparency builds trust, and trust builds friendship. The Promise of a Bright Future BRETT has a high probability of becoming a standout success in the meme coin world. Currently listed on one CEX, there are high expectations for further listings and updates, following the trajectory of other tokens from Matt Furie's Boy's Club. A Community-Driven Success One of the most promising aspects of BRETT is its community. The project has already garnered attention from thousands of holders, who are united by their love for the character and their belief in the project's potential. This honest and hardworking community, coupled with a dedicated team of developers, sets BRETT apart from other meme coins. In conclusion, BRETT Meme Coin is more than just a cryptocurrency; it's a cultural phenomenon rooted in the beloved world of Matt Furie's Boy's Club. With a strong start, a dedicated community, and a clear vision for the future, BRETT is a project worth watching closely. As always, my articles are not financial advice but rather highlights of promising projects with solid foundations and vibrant communities. Stay tuned for further updates on BRETT as this exciting project continues to evolve. The future of this ecosystem looks incredibly promising, and I'll be keeping a close eye on its progress. This article is not financial advice. Always do your own research before investing in any cryptocurrency. #pepe⚡ #MemeWatch2024 $PEPE #BinanceTurns7

What is BRETT (0x66)? A Better Brett Meme Coin? Lets find out !

On May 1, 2024, a new star was born in the cryptocurrency world—BRETT Meme Coin (BRETT). Inspired by the beloved character Brett from Matt Furie's Boy's Club comic series, BRETT has quickly captured the hearts and minds of the crypto community. With strong ties to other successful tokens like $PEPE , $ANDY, and $WOLF, BRETT is poised to become a major player in the meme coin space.
The Origins of BRETT
BRETT is not just another meme coin; it's a tribute to the iconic character from Matt Furie's Boy's Club, best friend to the renowned $PEPE (0x69), ANDY (0x68), and WOLF (0x67). This strong connection to established and beloved characters provides BRETT with a solid foundation and a ready-made community of supporters. The total supply of BRETT is 1,000,000,000,000 tokens.

Early Success and Strong Community Support
Since its stealth launch, BRETT has already amassed a significant following. With its market cap surging to approximately $47.11 million and its price hovering around $0.00002473, BRETT's impressive start is a testament to the strong community and dedicated developers backing the project.
Why BRETT Stands Out
It’s Bretter With Frens
The Boys Club are now all together, as they always should have been. As the old saying goes: “Friends who play together, stay together.”
BRETT distinguishes itself with its unique approach to community ownership and transparency:
Contract Safety: Contract ownership was renounced immediately after creation, ensuring that no single entity has control over the project. No Smelly Taxes: There are no extra taxes on swaps or transfers of BRETT, making it transparent and community-friendly.LP Burned: All LP tokens were burned after adding 100% of BRETT as liquidity, ensuring the project's integrity and long-term stability.

Building Back Bretter
The BRETT project embodies the spirit of community and collaboration. BRETT aims to build back "Bretter" by fostering a strong and loyal community, dedicated to making the project a success. This ethos is reflected in the project's commitment to zero taxes and complete transparency, ensuring that the community is in full control.
100% Community Owned: BRETT is built for the community, to be owned fully by the community. There’s no one individual calling the shots.No Presale or Whitelist: 100% of BRETT was supplied to the Uniswap Liquidity Pool. Nothing is held back for any team, no allocation whatsoever. The community is in full control.LP Burnt and Contract Renounced: There can be no doubt about Brett’s honorable intentions after launch. The contract is fully renounced and the LP is 100% burned.Zero Taxes: There are no extra taxes on swaps, limits on sells, or any kind of shady tricks in Brett’s contract. Transparency builds trust, and trust builds friendship.
The Promise of a Bright Future
BRETT has a high probability of becoming a standout success in the meme coin world. Currently listed on one CEX, there are high expectations for further listings and updates, following the trajectory of other tokens from Matt Furie's Boy's Club.

A Community-Driven Success
One of the most promising aspects of BRETT is its community. The project has already garnered attention from thousands of holders, who are united by their love for the character and their belief in the project's potential. This honest and hardworking community, coupled with a dedicated team of developers, sets BRETT apart from other meme coins.
In conclusion, BRETT Meme Coin is more than just a cryptocurrency; it's a cultural phenomenon rooted in the beloved world of Matt Furie's Boy's Club. With a strong start, a dedicated community, and a clear vision for the future, BRETT is a project worth watching closely.
As always, my articles are not financial advice but rather highlights of promising projects with solid foundations and vibrant communities. Stay tuned for further updates on BRETT as this exciting project continues to evolve. The future of this ecosystem looks incredibly promising, and I'll be keeping a close eye on its progress.
This article is not financial advice. Always do your own research before investing in any cryptocurrency.

#pepe⚡ #MemeWatch2024 $PEPE #BinanceTurns7
MEME SKULL: Revolutionizing the Memecoin World In the dynamic world of cryptocurrency, where innovation meets imagination, MEME SKULL stands as a testament to the limitless possibilities of memecoins. Spearheaded by the visionary founder of Future's Bright, SKULL is more than just another crypto project; it is a vibrant fusion of education, entertainment, and community empowerment, deeply rooted in the whimsical universe inspired by Matt Furie’s creations. A Vision Beyond the Conventional From its inception, $SKULL was conceived with the ambitious goal of breaking away from the traditional cryptocurrency mold. It was designed to be a community-centric initiative that not only entertains but also educates and empowers its participants. The essence of $SKULL is encapsulated in its vibrant community, which fosters creativity and unity, creating a project that resonates deeply with its members. The Heart of $SKULL: The Community Central to SKULL's philosophy is the "SKULL WHALE GROUP," a collective of dedicated enthusiasts and holders. This group has been instrumental in shaping the project's direction, contributing to marketing strategies, community engagement, and pivotal decisions. Their shared passion and collaborative spirit are the driving forces behind SKULL's growth and evolution. Skull: The Symbol of Resilience and Creativity At the core of the SKULL project lies Skull, a character born from the community's collective imagination. Skull embodies the resilience, creativity, and aspirations of the SKULL community. As the project progresses, Skull has become a symbol of collective achievements and shared goals, transcending the boundaries of a mere memecoin character. Creating a Universe of Opportunities SKULL is not just a cryptocurrency; it is a gateway to a universe filled with opportunities. The project is exploring innovative ventures such as game development, short animations, and integration across various platforms. The concept of a SKULL multiverse, where diverse projects and characters coexist, adds to the project's allure and potential, promising endless possibilities for growth and engagement. Collaboration and Expertise Collaboration has been a cornerstone of SKULL's success. The project has attracted the attention of numerous experts, including renowned business strategist rayroQ and other influential figures. Their guidance has been invaluable in shaping SKULL into a project that not only entertains but also educates and empowers its community members. The Journey So Far The past few weeks have been a whirlwind of activity for SKULL, demonstrating the vibrancy and potential of it. The founder’s relentless 16-hour workdays, the journey has been marked by challenges and triumphs. The primary goal remains to foster connections between communities, uniting artists, creators, developers, and members in a collective mission. Building a Creative Hub The vision for SKULL includes the creation of a studio—a creative hub that supports not only SKULL but also the surrounding communities. By uniting talents and fostering collaboration, SKULL aims to enhance its own project while also contributing to the growth of other emerging communities in the crypto space. A Community-First Mission $SKULL’s commitment to its community has positioned it as a respected and trusted entity, with thousands of supporters rallying behind the project. With numerous initiatives in the pipeline, SKULL is gearing up for exciting developments that will further solidify its position in the crypto world. Specialized teams focusing on business planning, project development, partnerships, marketing, design, creative writing, and legal matters are all part of this comprehensive approach. Join the Movement As $SKULL continues to unfold its story, new characters, projects, and community-driven initiatives are on the horizon. Special acknowledgments go to mattfurie for inspiring the creation of the most iconic character in meme culture. This article does not should be taken as a financial advice so far.

MEME SKULL: Revolutionizing the Memecoin World

In the dynamic world of cryptocurrency, where innovation meets imagination, MEME SKULL stands as a testament to the limitless possibilities of memecoins. Spearheaded by the visionary founder of Future's Bright, SKULL is more than just another crypto project; it is a vibrant fusion of education, entertainment, and community empowerment, deeply rooted in the whimsical universe inspired by Matt Furie’s creations.
A Vision Beyond the Conventional
From its inception, $SKULL was conceived with the ambitious goal of breaking away from the traditional cryptocurrency mold. It was designed to be a community-centric initiative that not only entertains but also educates and empowers its participants. The essence of $SKULL is encapsulated in its vibrant community, which fosters creativity and unity, creating a project that resonates deeply with its members.
The Heart of $SKULL: The Community
Central to SKULL's philosophy is the "SKULL WHALE GROUP," a collective of dedicated enthusiasts and holders. This group has been instrumental in shaping the project's direction, contributing to marketing strategies, community engagement, and pivotal decisions. Their shared passion and collaborative spirit are the driving forces behind SKULL's growth and evolution.
Skull: The Symbol of Resilience and Creativity
At the core of the SKULL project lies Skull, a character born from the community's collective imagination. Skull embodies the resilience, creativity, and aspirations of the SKULL community. As the project progresses, Skull has become a symbol of collective achievements and shared goals, transcending the boundaries of a mere memecoin character.
Creating a Universe of Opportunities
SKULL is not just a cryptocurrency; it is a gateway to a universe filled with opportunities. The project is exploring innovative ventures such as game development, short animations, and integration across various platforms. The concept of a SKULL multiverse, where diverse projects and characters coexist, adds to the project's allure and potential, promising endless possibilities for growth and engagement.
Collaboration and Expertise
Collaboration has been a cornerstone of SKULL's success. The project has attracted the attention of numerous experts, including renowned business strategist rayroQ and other influential figures. Their guidance has been invaluable in shaping SKULL into a project that not only entertains but also educates and empowers its community members.
The Journey So Far
The past few weeks have been a whirlwind of activity for SKULL, demonstrating the vibrancy and potential of it. The founder’s relentless 16-hour workdays, the journey has been marked by challenges and triumphs. The primary goal remains to foster connections between communities, uniting artists, creators, developers, and members in a collective mission.
Building a Creative Hub
The vision for SKULL includes the creation of a studio—a creative hub that supports not only SKULL but also the surrounding communities. By uniting talents and fostering collaboration, SKULL aims to enhance its own project while also contributing to the growth of other emerging communities in the crypto space.
A Community-First Mission
$SKULL’s commitment to its community has positioned it as a respected and trusted entity, with thousands of supporters rallying behind the project. With numerous initiatives in the pipeline, SKULL is gearing up for exciting developments that will further solidify its position in the crypto world. Specialized teams focusing on business planning, project development, partnerships, marketing, design, creative writing, and legal matters are all part of this comprehensive approach.
Join the Movement
As $SKULL continues to unfold its story, new characters, projects, and community-driven initiatives are on the horizon. Special acknowledgments go to mattfurie for inspiring the creation of the most iconic character in meme culture.
This article does not should be taken as a financial advice so far.
Understanding Differences Between Tokens and Coins : A Focus on Pond0x Protocol and Magma BlockchainUnderstanding the Differences Between Tokens and Coins in the Crypto A Focus on Pond0x Protocol and Magma Onyx Blockchain In the evolving world of cryptocurrency, understanding the distinction between tokens and coins is crucial, especially within specific ecosystems like the Pond0x protocol and the Magma Onyx blockchain. This article will clarify these differences, using $PNDC as a coin and $PORK as a token, while exploring their functions and utilities within these platforms and the broader crypto industry. Coins vs. Tokens: A Fundamental Difference Coins are digital currencies that operate on their own blockchain. They primarily function as a medium of exchange, a store of value, or a unit of account. Examples include Bitcoin (BTC) and Ethereum (ETH). Tokens, in contrast, are digital assets created on existing blockchains through smart contracts. They can represent various assets and purposes, such as utility tokens, security tokens, and asset-backed tokens. Tokens are often used to access specific features or participate in governance within their ecosystems. $PNDC: The Coin Within the Magma Onyx blockchain, $PNDC functions as a native coin, providing several key utilities: 1. Medium of Exchange: $PNDC facilitates transactions within the Magma Onyx ecosystem, similar to how Bitcoin is used. 2. Store of Value: $PNDC can be held as an investment, with its value influenced by market dynamics. 3. Network Security: In a proof-of-stake (PoS) system, $PNDC can be staked to secure the network and validate transactions. $PORK: The Token $PORK, as a token, operates on an existing blockchain, such as Ethereum. Its primary functions within the Pond0x protocol include: 1. Utility Token: $PORK grants access to specific features or services within the Pond0x protocol, such as transaction fee payments or participation in governance. 2. Incentive Mechanism: $PORK is used to reward users who contribute to the ecosystem, such as providing liquidity or staking. 3. Access Rights: Holding $PORK can give users access to premium features or exclusive content within the Pond0x protocol. Pond0x Protocol The Pond0x protocol integrates both $PNDC and $PORK to create a dynamic and efficient platform: - $PNDC: As a coin, $PNDC is used for transactions and value storage within the Pond0x ecosystem. It can also be staked to enhance network security and validate transactions, ensuring the protocol's reliability and efficiency. - $PORK: As a utility token, $PORK provides access to various services within the Pond0x protocol. It incentivizes user participation, thus enriching the overall user experience and promoting ecosystem growth. Magma Onyx Blockchain The Magma Onyx blockchain, known for its high scalability and throughput, leverages both $PNDC and $PORK: - $PNDC: Within the Magma Onyx blockchain, $PNDC is crucial for powering transactions, securing the network, and serving as a store of value. Its role as a native coin ensures efficient and seamless operations. - $PORK: Tokens like $PORK, deployed on the Magma Onyx blockchain, facilitate the creation of decentralized applications (dApps) and services. These tokens enable various functionalities, including governance and access control, within the Magma Onyx ecosystem. The Crypto Industry at Large In the broader cryptocurrency industry, understanding the distinction between coins and tokens is essential: - Coins: Primarily used for transactions, investment, and network security. Examples include Bitcoin, Ethereum, and $PNDC. - Tokens: Serve diverse purposes, such as utility, governance, and asset representation. Examples include $PORK, Chainlink (LINK), and Uniswap (UNI). Conclusion Grasping the differences between coins and tokens is vital for navigating the crypto landscape. $PNDC, as a coin, and $PORK, as a token, highlight the distinct roles these digital assets play. Within the Pond0x protocol and the Magma Onyx blockchain, both assets provide unique utilities that enhance the functionality and security of these ecosystems. As the crypto industry continues to evolve, recognizing these distinctions will be key to leveraging their full potential. #BinanceLaunchPoolđŸ”„ #BinanceTournament #Megadrop $ETH $SOL $BTC

Understanding Differences Between Tokens and Coins : A Focus on Pond0x Protocol and Magma Blockchain

Understanding the Differences Between Tokens and Coins in the Crypto
A Focus on Pond0x Protocol and Magma Onyx Blockchain
In the evolving world of cryptocurrency, understanding the distinction between tokens and coins is crucial, especially within specific ecosystems like the Pond0x protocol and the Magma Onyx blockchain. This article will clarify these differences, using $PNDC as a coin and $PORK as a token, while exploring their functions and utilities within these platforms and the broader crypto industry.
Coins vs. Tokens: A Fundamental Difference
Coins are digital currencies that operate on their own blockchain. They primarily function as a medium of exchange, a store of value, or a unit of account. Examples include Bitcoin (BTC) and Ethereum (ETH).
Tokens, in contrast, are digital assets created on existing blockchains through smart contracts. They can represent various assets and purposes, such as utility tokens, security tokens, and asset-backed tokens. Tokens are often used to access specific features or participate in governance within their ecosystems.
$PNDC: The Coin
Within the Magma Onyx blockchain, $PNDC functions as a native coin, providing several key utilities:
1. Medium of Exchange: $PNDC facilitates transactions within the Magma Onyx ecosystem, similar to how Bitcoin is used.
2. Store of Value: $PNDC can be held as an investment, with its value influenced by market dynamics.
3. Network Security: In a proof-of-stake (PoS) system, $PNDC can be staked to secure the network and validate transactions.
$PORK: The Token
$PORK, as a token, operates on an existing blockchain, such as Ethereum. Its primary functions within the Pond0x protocol include:
1. Utility Token: $PORK grants access to specific features or services within the Pond0x protocol, such as transaction fee payments or participation in governance.
2. Incentive Mechanism: $PORK is used to reward users who contribute to the ecosystem, such as providing liquidity or staking.
3. Access Rights: Holding $PORK can give users access to premium features or exclusive content within the Pond0x protocol.
Pond0x Protocol
The Pond0x protocol integrates both $PNDC and $PORK to create a dynamic and efficient platform:
- $PNDC: As a coin, $PNDC is used for transactions and value storage within the Pond0x ecosystem. It can also be staked to enhance network security and validate transactions, ensuring the protocol's reliability and efficiency.
- $PORK: As a utility token, $PORK provides access to various services within the Pond0x protocol. It incentivizes user participation, thus enriching the overall user experience and promoting ecosystem growth.
Magma Onyx Blockchain
The Magma Onyx blockchain, known for its high scalability and throughput, leverages both $PNDC and $PORK:
- $PNDC: Within the Magma Onyx blockchain, $PNDC is crucial for powering transactions, securing the network, and serving as a store of value. Its role as a native coin ensures efficient and seamless operations.
- $PORK: Tokens like $PORK, deployed on the Magma Onyx blockchain, facilitate the creation of decentralized applications (dApps) and services. These tokens enable various functionalities, including governance and access control, within the Magma Onyx ecosystem.
The Crypto Industry at Large
In the broader cryptocurrency industry, understanding the distinction between coins and tokens is essential:
- Coins: Primarily used for transactions, investment, and network security. Examples include Bitcoin, Ethereum, and $PNDC.
- Tokens: Serve diverse purposes, such as utility, governance, and asset representation. Examples include $PORK, Chainlink (LINK), and Uniswap (UNI).
Conclusion
Grasping the differences between coins and tokens is vital for navigating the crypto landscape. $PNDC, as a coin, and $PORK, as a token, highlight the distinct roles these digital assets play. Within the Pond0x protocol and the Magma Onyx blockchain, both assets provide unique utilities that enhance the functionality and security of these ecosystems. As the crypto industry continues to evolve, recognizing these distinctions will be key to leveraging their full potential.

#BinanceLaunchPoolđŸ”„ #BinanceTournament #Megadrop $ETH $SOL $BTC
From Silk Road to Blockchain Analytics. Innovations Against Crypto Money LaunderingInnovations Against Crypto Money Laundering In the past decade, criminals have devised various methods to misuse crypto assets, including mixers, privacy coins, unregulated exchanges, DeFi protocols, and NFTs, to evade detection and exploit blockchain transparency. However, the public and private sectors have responded with equal ingenuity to combat these activities. In my book, The Crypto Launderers, I explore how law enforcement and regulators have adapted to these challenges, leading to significant successes in making the crypto space safer. From Silk Road to Blockchain Analytics The Silk Road case (2011-2013) was the first major test for law enforcement dealing with crypto crime. US agents discovered the blockchain as a powerful tool for tracking transactions, leading to the arrest of Silk Road's founder, Ross Ulbricht. This case highlighted the potential of blockchain for providing transparent and accessible financial intelligence. Adapting to New Criminal Tactics As the crypto ecosystem grew, criminals adopted more sophisticated methods, such as industrial-scale mixers and scams. This necessitated the development of advanced blockchain analytics tools to handle the vast amounts of transactional data across various cryptocurrencies. These tools have since become crucial in high-profile investigations like the 2020 Twitter hack. Facing New Challenges Criminal groups began using Bitcoin ATMs for money laundering, integrating them into traditional schemes. Law enforcement had to merge street-level policing with crypto tracing, disrupting significant operations like the 2019 Spanish money laundering network. Cybercriminals from nations like North Korea and Russia also exploited crypto for ransomware and hacking, utilizing a complex laundering ecosystem. In response, law enforcement achieved significant victories, such as the seizure of Bitcoin in the Colonial Pipeline ransomware case and the Bitfinex hack investigation. Navigating New Innovations The rise of DeFi and NFTs introduced new challenges. DeFi, with its decentralized exchanges and rapid token trades, facilitated cross-chain money laundering. However, its transparency also allowed for effective fund tracing, as shown in the investigation of funds stolen from FTX in 2023. NFTs became a hotspot for fraud, but investigators used their expertise to bring criminals to justice. Ongoing Efforts The past decade has been marked by continuous innovation in combating crypto crime, a mission that organizations like Elliptic have championed for over ten years. by David Carlisle ##BinanceTournament #Crypto_Jobs🎯

From Silk Road to Blockchain Analytics. Innovations Against Crypto Money Laundering

Innovations Against Crypto Money Laundering
In the past decade, criminals have devised various methods to misuse crypto assets, including mixers, privacy coins, unregulated exchanges, DeFi protocols, and NFTs, to evade detection and exploit blockchain transparency.
However, the public and private sectors have responded with equal ingenuity to combat these activities. In my book, The Crypto Launderers, I explore how law enforcement and regulators have adapted to these challenges, leading to significant successes in making the crypto space safer.
From Silk Road to Blockchain Analytics
The Silk Road case (2011-2013) was the first major test for law enforcement dealing with crypto crime. US agents discovered the blockchain as a powerful tool for tracking transactions, leading to the arrest of Silk Road's founder, Ross Ulbricht. This case highlighted the potential of blockchain for providing transparent and accessible financial intelligence.
Adapting to New Criminal Tactics
As the crypto ecosystem grew, criminals adopted more sophisticated methods, such as industrial-scale mixers and scams. This necessitated the development of advanced blockchain analytics tools to handle the vast amounts of transactional data across various cryptocurrencies. These tools have since become crucial in high-profile investigations like the 2020 Twitter hack.
Facing New Challenges
Criminal groups began using Bitcoin ATMs for money laundering, integrating them into traditional schemes. Law enforcement had to merge street-level policing with crypto tracing, disrupting significant operations like the 2019 Spanish money laundering network.
Cybercriminals from nations like North Korea and Russia also exploited crypto for ransomware and hacking, utilizing a complex laundering ecosystem. In response, law enforcement achieved significant victories, such as the seizure of Bitcoin in the Colonial Pipeline ransomware case and the Bitfinex hack investigation.
Navigating New Innovations
The rise of DeFi and NFTs introduced new challenges. DeFi, with its decentralized exchanges and rapid token trades, facilitated cross-chain money laundering. However, its transparency also allowed for effective fund tracing, as shown in the investigation of funds stolen from FTX in 2023.
NFTs became a hotspot for fraud, but investigators used their expertise to bring criminals to justice.
Ongoing Efforts
The past decade has been marked by continuous innovation in combating crypto crime, a mission that organizations like Elliptic have championed for over ten years.
by David Carlisle
##BinanceTournament #Crypto_Jobs🎯
Terraform Labs to dissolve, CEO asks community to take over following $4.47 billion SEC settlement Chris Amani, CEO of Terraform Labs, the developer of Terra blockchain, asked the community to take the reins as the firm plans to dissolve its operations. The firm, according to Amani, plans to sell its projects in the Terra ecosystem including Pulsar Finance, Station Wallet and Enterprise DAO. This follows Terraform's massive $4.47 billion settlement with the U.S. Securities and Exchange Commission related to the UST algorithmic stablecoin, which dramatically collapsed in 2022. "TFL always intended to dissolve at some point, and that point is now,” Amani stated on X, signaling the end for Terraform Labs. “We will be winding down operations completely.” Amani stated the firm plans for a community proposal that would lead to the burning of all unvested Luna, Terraform’s native token. “Anything that remains vested in our wallets will be burned by TFL,” he affirmed, committing to a decisive end for the company’s direct involvement with the token. He stated that Terra and Terra Classic blockchains could continue under the community’s control. “The community will need to take over ownership of the chain,” Amani stated, suggesting a community-led governance model that could redefine how blockchain projects operate post-crisis. The SEC initially charged Terraform and its co-founder, Do Kwon, in February 2023, accusing them of misleading investors and violating federal securities laws by engaging in fraudulent activities related to the sale of unregistered securities. Terraform’s proposed settlement revealed on Wednesday with SEC includes $3.58 billion in disgorgement and a $420 million civil penalty. It also prohibits Kwon from serving as an officer or director of any public company. Additionally, Do Kwon is required to contribute about $204 million to a bankruptcy estate for Terraform aimed at compensating the investors harmed by the scheme. Amani, Terraform's former COO, took over from Kwon in July 2023. TFL filed Chapter 11 bankruptcy in Jan
Terraform Labs to dissolve, CEO asks community to take over following $4.47 billion SEC settlement

Chris Amani, CEO of Terraform Labs, the developer of Terra blockchain, asked the community to take the reins as the firm plans to dissolve its operations. The firm, according to Amani, plans to sell its projects in the Terra ecosystem including Pulsar Finance, Station Wallet and Enterprise DAO.

This follows Terraform's massive $4.47 billion settlement with the U.S. Securities and Exchange Commission related to the UST algorithmic stablecoin, which dramatically collapsed in 2022.

"TFL always intended to dissolve at some point, and that point is now,” Amani stated on X, signaling the end for Terraform Labs. “We will be winding down operations completely.”

Amani stated the firm plans for a community proposal that would lead to the burning of all unvested Luna, Terraform’s native token. “Anything that remains vested in our wallets will be burned by TFL,” he affirmed, committing to a decisive end for the company’s direct involvement with the token.

He stated that Terra and Terra Classic blockchains could continue under the community’s control. “The community will need to take over ownership of the chain,” Amani stated, suggesting a community-led governance model that could redefine how blockchain projects operate post-crisis.

The SEC initially charged Terraform and its co-founder, Do Kwon, in February 2023, accusing them of misleading investors and violating federal securities laws by engaging in fraudulent activities related to the sale of unregistered securities.

Terraform’s proposed settlement revealed on Wednesday with SEC includes $3.58 billion in disgorgement and a $420 million civil penalty. It also prohibits Kwon from serving as an officer or director of any public company. Additionally, Do Kwon is required to contribute about $204 million to a bankruptcy estate for Terraform aimed at compensating the investors harmed by the scheme.
Amani, Terraform's former COO, took over from Kwon in July 2023. TFL filed Chapter 11 bankruptcy in Jan
SEC reaches $4.47 bln settlement with now-bankrupt crypto firm Terraform Labs Terraform Labs reached a $4.47 billion civil settlement with the U.S. Securities and Exchange Commission, after being found liable by a jury for defrauding cryptocurrency investors who lost an estimated $40 billion when the TerraUSD and Luna tokens collapsed in 2022. A proposed final judgment covering Terraform and its founder Do Kwon was filed on Wednesday in Manhattan federal court. It requires approval by U.S. District Judge Jed Rakoff, who oversaw the trial, which ended on April 5. Terraform's judgment includes $4.05 billion of disgorgement plus interest, and a $420 million civil fine. Much is unlikely to be paid because Terraform filed for bankruptcy in January. It will instead be treated as an unsecured claim in the Chapter 11 case, where Terraform is liquidating. The total judgment is $4.55 billion, including an $80 million civil fine for Kwon. He agreed to be banned from crypto transactions, and is required to transfer $204.3 million to Terraform's bankruptcy estate. "Entry of this judgment would ensure the maximal return of funds to harmed investors and put Terraform out of business for good," the SEC said in a court filing. "Thus, this proposed judgment is fair, reasonable, and in the public interest." Terraform and Kwon consented to the judgment. Their lawyers did not immediately respond to requests for comment. The SEC accused Terraform and Kwon of deceiving investors about the stability of TerraUSD, which he designed to maintain a constant $1 price, and falsely claiming that Terraform's blockchain was used in a popular Korean mobile payment app. TerraUSD and the closely-linked Luna, a more traditional token that Kwon also designed, collapsed in May 2022 when TerraUSD was unable to maintain its peg to the dollar. Kwon did not attend the trial after having been detained in Montenegro since March 2023, with the United States and South Korea seeking his extradition to face criminal charges. He has denied wrongdoing. #LUNC✅ $LUNC $LUNA #altcoins
SEC reaches $4.47 bln settlement with now-bankrupt crypto firm Terraform Labs

Terraform Labs reached a $4.47 billion civil settlement with the U.S. Securities and Exchange Commission, after being found liable by a jury for defrauding cryptocurrency investors who lost an estimated $40 billion when the TerraUSD and Luna tokens collapsed in 2022.

A proposed final judgment covering Terraform and its founder Do Kwon was filed on Wednesday in Manhattan federal court. It requires approval by U.S. District Judge Jed Rakoff, who oversaw the trial, which ended on April 5.

Terraform's judgment includes $4.05 billion of disgorgement plus interest, and a $420 million civil fine.

Much is unlikely to be paid because Terraform

filed for bankruptcy

in January. It will instead be treated as an unsecured claim in the Chapter 11 case, where Terraform is liquidating.

The total judgment is $4.55 billion, including an $80 million civil fine for Kwon. He agreed to be banned from crypto transactions, and is required to transfer $204.3 million to Terraform's bankruptcy estate.

"Entry of this judgment would ensure the maximal return of funds to harmed investors and put Terraform out of business for good," the SEC said in a court filing. "Thus, this proposed judgment is fair, reasonable, and in the public interest."

Terraform and Kwon consented to the judgment. Their lawyers did not immediately respond to requests for comment.

The SEC accused Terraform and Kwon of deceiving investors about the stability of TerraUSD, which he designed to maintain a constant $1 price, and falsely claiming that Terraform's blockchain was used in a popular Korean mobile payment app.

TerraUSD and the closely-linked Luna, a more traditional token that Kwon also designed, collapsed in May 2022 when TerraUSD was unable to maintain its peg to the dollar.

Kwon did not attend the trial after having been detained in Montenegro since March 2023, with the United States and South Korea seeking his extradition to face criminal charges. He has denied wrongdoing.

#LUNC✅ $LUNC $LUNA #altcoins
Reinforcing the article below, “ $LUNC Agreement with the SEC Could Drive Cryptocurrency Price to $1.00” it is also important to highlight that @Binance has been since October 2022 monthly Burning LUNC trading fees: “Binance will be making changes to the burning of LUNC trading fees, to continue to contribute to the supply decrease of LUNC and be in line with what the community originally looked forward to. From December 2022, Binance will be burning 50% of the LUNC spot and margin trading fees
” ON June 1st #Binance   burn 1.3 Billion #LUNC from May trading fees Transaction hash: https://finder.terra.money/classic/tx/37EED2FDAA6B7E4CFC2D6A98DAB89FCBE5CA63F6ABAA86A5058A25D1502590AB [LUNC Agreement with the SEC Could Drive Cryptocurrency Price to 1.00](https://app.binance.com/uni-qr/cart/8932069763650?r=318544118&l=en&uco=-lrxdz0wZOkSJW7DrhF80g&uc=app_square_share_link&us=copylink) $LUNC $LUNA #LUNC✅ @CZ @richardteng
Reinforcing the article below, “
$LUNC Agreement with the SEC Could Drive Cryptocurrency Price to $1.00” it is also important to highlight that @Binance has been since October 2022 monthly Burning LUNC trading fees:

“Binance will be making changes to the burning of LUNC trading fees, to continue to contribute to the supply decrease of LUNC and be in line with what the community originally looked forward to. From December 2022, Binance will be burning 50% of the LUNC spot and margin trading fees
”

ON June 1st #Binance   burn 1.3 Billion #LUNC from May trading fees

Transaction hash:

https://finder.terra.money/classic/tx/37EED2FDAA6B7E4CFC2D6A98DAB89FCBE5CA63F6ABAA86A5058A25D1502590AB

LUNC Agreement with the SEC Could Drive Cryptocurrency Price to 1.00

$LUNC $LUNA #LUNC✅ @CZ @Richard Teng
$LUNC Agreement with the SEC Could Drive Cryptocurrency Price to $1.00The token from the old Terra network, now known as Terra Classic (LUNC), has recently shown a significant increase in the cryptocurrency market. The price of LUNC is currently at $0.0001207, reflecting an 8.45% increase from the previous day. Although the appreciation is small compared to the cryptocurrency standard, the rise indicates a strong upward trend and renewed investor confidence. Another factor of confidence is that Terra Classic is close to finalizing an agreement with the United States Securities and Exchange Commission (SEC) regarding its bankruptcy two years ago. If this agreement materializes, the network should get rid of the fraud accusations filed by the SEC. Therefore, the arrangement could help boost the price of LUNC back to levels that could reach $1.00. LUNC's Agreement with the SEC Draws Attention This week, the SEC, Terraform Labs, and Do Kwon signed a provisional fine payment agreement. The agreement comes after a jury found Kwon and his company guilty of deceiving investors and causing $40 billion in damages. The agreement with the SEC has sparked significant interest in Terra Classic ecosystem tokens. According to Coinglass data, open futures positions for LUNC and 1000LUNC increased by 15% in the last 24 hours. This increase includes a 20% growth in open positions on Binance, indicating substantial buying activity by derivatives traders. When futures grow, the trend is for the asset's price to appreciate as well. LUNC's market value is $699.65 million and it has risen by 8% in the last 24 hours. Its 24-hour trading volume increased by 273.87%, reaching $128.13 million. Just like in futures, a strong rise in volumes can help LUNC reach even higher values. Last week, LUNC's price appreciated by 8% driven by growing market optimism and renewed investor interest. Additionally, last month, the token experienced a steady increase of 15%, trading in the range of $0.0001 to $0.00012, reflecting positive market sentiment. Indicators Point to Strong Uptrend As bullish sentiment gains momentum, LUNC could surpass the $0.00013 mark, confirming the upward trend. This positive market change could push the cryptocurrency's price to break the resistance at $0.0002, targeting $0.0005 in the next bullish cycle. However, if pessimism sets in, LUNC could retreat to the support level of $0.00012. A prolonged negative trend could cause further drops to $0.00011, increasing the likelihood of selling pressure. The Moving Average Convergence Divergence (MACD) indicator shows a positive trend as the MACD line (blue) crosses above the signal line (orange), which typically signals bullish momentum. This crossover is supported by the increasing histogram bars and the Relative Strength Index (RSI), which is currently at 61, suggesting that LUNC is moving toward overbought territory. Finally, the Awesome Oscillator (AO) is currently at 0.00000850, suggesting slight bullish momentum. The Chaikin Money Flow (CMF) is at 0.01, indicating a marginal inflow of capital into the asset, which could suggest a potential upward trend if this inflow continues.

$LUNC Agreement with the SEC Could Drive Cryptocurrency Price to $1.00

The token from the old Terra network, now known as Terra Classic (LUNC), has recently shown a significant increase in the cryptocurrency market. The price of LUNC is currently at $0.0001207, reflecting an 8.45% increase from the previous day.
Although the appreciation is small compared to the cryptocurrency standard, the rise indicates a strong upward trend and renewed investor confidence. Another factor of confidence is that Terra Classic is close to finalizing an agreement with the United States Securities and Exchange Commission (SEC) regarding its bankruptcy two years ago.
If this agreement materializes, the network should get rid of the fraud accusations filed by the SEC. Therefore, the arrangement could help boost the price of LUNC back to levels that could reach $1.00.
LUNC's Agreement with the SEC Draws Attention
This week, the SEC, Terraform Labs, and Do Kwon signed a provisional fine payment agreement. The agreement comes after a jury found Kwon and his company guilty of deceiving investors and causing $40 billion in damages.
The agreement with the SEC has sparked significant interest in Terra Classic ecosystem tokens. According to Coinglass data, open futures positions for LUNC and 1000LUNC increased by 15% in the last 24 hours.
This increase includes a 20% growth in open positions on Binance, indicating substantial buying activity by derivatives traders. When futures grow, the trend is for the asset's price to appreciate as well.
LUNC's market value is $699.65 million and it has risen by 8% in the last 24 hours. Its 24-hour trading volume increased by 273.87%, reaching $128.13 million. Just like in futures, a strong rise in volumes can help LUNC reach even higher values.
Last week, LUNC's price appreciated by 8% driven by growing market optimism and renewed investor interest. Additionally, last month, the token experienced a steady increase of 15%, trading in the range of $0.0001 to $0.00012, reflecting positive market sentiment.
Indicators Point to Strong Uptrend
As bullish sentiment gains momentum, LUNC could surpass the $0.00013 mark, confirming the upward trend. This positive market change could push the cryptocurrency's price to break the resistance at $0.0002, targeting $0.0005 in the next bullish cycle.
However, if pessimism sets in, LUNC could retreat to the support level of $0.00012. A prolonged negative trend could cause further drops to $0.00011, increasing the likelihood of selling pressure.
The Moving Average Convergence Divergence (MACD) indicator shows a positive trend as the MACD line (blue) crosses above the signal line (orange), which typically signals bullish momentum.

This crossover is supported by the increasing histogram bars and the Relative Strength Index (RSI), which is currently at 61, suggesting that LUNC is moving toward overbought territory.
Finally, the Awesome Oscillator (AO) is currently at 0.00000850, suggesting slight bullish momentum. The Chaikin Money Flow (CMF) is at 0.01, indicating a marginal inflow of capital into the asset, which could suggest a potential upward trend if this inflow continues.
Unveiling the Mastermind Behind Magma Blockchain: H WonderMeet H Wonder (@ hWonderofWorld), the Flywheel Whispering Product Engineer, Liquid Layer Theorist, Chaos Curator, and the mastermind behind Magma, the Liquid Layer Blockchain. With a trailblazing vision and a wealth of expertise, H. has been instrumental in shaping the future of blockchain technology, particularly within the Ethereum ecosystem. Magma: Fueling Ethereum's Evolution with Layer 2 Innovation. Pond0x Protocol đŸ€ Magma Magma, the Liquid Layer, represents a transformative leap forward in the Ethereum ecosystem. Designed as a multichain liquidity network, Magma offers developers, node operators, and users a permissionless path to customize and launch liquidity-first, economically secure applications. In this article, we explore the major benefits, potential, and disruptions inherent in building an L2 blockchain like Magma atop the Ethereum network. H Wonder: The Mastermind Behind Magma As the driving force behind Magma, H. brings a unique blend of technical prowess, visionary thinking, and a deep understanding of blockchain dynamics. With a track record of groundbreaking innovations, @hWonderofWorld has earned a reputation as a thought leader in the blockchain space. Liquid Layer Theory: H's Liquid Layer Theory forms the foundation of Magma's architecture. By leveraging Ethereum's economic security through liquid staking pools, H Wonder has pioneered a new paradigm for blockchain scalability, interoperability, and security. The Forge Vault, a core component of Magma, provides economic safety guarantees and fast finalization on the network, ensuring the integrity and resilience of the system. Forging a New Future: Through Magma, H Wonder envisions a future where blockchain technology transcends its current limitations. By democratizing access to liquidity and empowering developers to build innovative applications, Magma represents a significant step towards realizing the full potential of decentralized finance (DeFi), decentralized identity, gaming, and beyond. H Wonder's Contributions to the Blockchain Ecosystem: In addition to Magma, H has made significant contributions to the broader blockchain ecosystem. From pioneering trustless serverless functions with Tectonix to spearheading initiatives like the Pond0x Protocol, H's work continues to push the boundaries of what's possible in decentralized technology. Detailed Overview of Magma: Magma operates as a UX-driven SuperChain, designed to cater to the demands of a secured, hyperscaled future. It is fully compatible with the Ethereum Virtual Machine (EVM), allowing seamless migration of existing smart contracts and dApps to the Magma network. Developers have the flexibility to build directly on Magma or launch their own chains (app chains/L3) that settle to Magma, tailoring the network architecture to suit specific requirements. Key components of Magma include the Liquid Restaking Vault (Forge Vault), which ensures data availability and security, and Tectonix, offering trustless serverless functions for encrypted event-based signing. With Magma, developers can automate DeFi processes, execute limit orders, and manage liquidity across chains, all while benefiting from lower gas fees and increased transaction throughput. As Magma continues to gain traction and redefine the blockchain landscape, H Wonder remains at the forefront of innovation, shaping the future of decentralized finance and beyond. With a relentless commitment to excellence and a bold vision for the future, H Wonder stands as a beacon of inspiration for the blockchain community worldwide. Written by Dominium 05-09-2024

Unveiling the Mastermind Behind Magma Blockchain: H Wonder

Meet H Wonder (@ hWonderofWorld), the Flywheel Whispering Product Engineer, Liquid Layer Theorist, Chaos Curator, and the mastermind behind Magma, the Liquid Layer Blockchain.
With a trailblazing vision and a wealth of expertise, H. has been instrumental in shaping the future of blockchain technology, particularly within the Ethereum ecosystem.
Magma: Fueling Ethereum's Evolution with Layer 2 Innovation.
Pond0x Protocol đŸ€ Magma
Magma, the Liquid Layer, represents a transformative leap forward in the Ethereum ecosystem. Designed as a multichain liquidity network, Magma offers developers, node operators, and users a permissionless path to customize and launch liquidity-first, economically secure applications. In this article, we explore the major benefits, potential, and disruptions inherent in building an L2 blockchain like Magma atop the Ethereum network.
H Wonder: The Mastermind Behind Magma
As the driving force behind Magma, H. brings a unique blend of technical prowess, visionary thinking, and a deep understanding of blockchain dynamics. With a track record of groundbreaking innovations, @hWonderofWorld has earned a reputation as a thought leader in the blockchain space.
Liquid Layer Theory:
H's Liquid Layer Theory forms the foundation of Magma's architecture. By leveraging Ethereum's economic security through liquid staking pools, H Wonder has pioneered a new paradigm for blockchain scalability, interoperability, and security.
The Forge Vault, a core component of Magma, provides economic safety guarantees and fast finalization on the network, ensuring the integrity and resilience of the system.
Forging a New Future:
Through Magma, H Wonder envisions a future where blockchain technology transcends its current limitations. By democratizing access to liquidity and empowering developers to build innovative applications, Magma represents a significant step towards realizing the full potential of decentralized finance (DeFi), decentralized identity, gaming, and beyond.
H Wonder's Contributions to the Blockchain Ecosystem:
In addition to Magma, H has made significant contributions to the broader blockchain ecosystem. From pioneering trustless serverless functions with Tectonix to spearheading initiatives like the Pond0x Protocol, H's work continues to push the boundaries of what's possible in decentralized technology.
Detailed Overview of Magma:
Magma operates as a UX-driven SuperChain, designed to cater to the demands of a secured, hyperscaled future. It is fully compatible with the Ethereum Virtual Machine (EVM), allowing seamless migration of existing smart contracts and dApps to the Magma network. Developers have the flexibility to build directly on Magma or launch their own chains (app chains/L3) that settle to Magma, tailoring the network architecture to suit specific requirements.
Key components of Magma include the Liquid Restaking Vault (Forge Vault), which ensures data availability and security, and Tectonix, offering trustless serverless functions for encrypted event-based signing. With Magma, developers can automate DeFi processes, execute limit orders, and manage liquidity across chains, all while benefiting from lower gas fees and increased transaction throughput.
As Magma continues to gain traction and redefine the blockchain landscape, H Wonder remains at the forefront of innovation, shaping the future of decentralized finance and beyond. With a relentless commitment to excellence and a bold vision for the future, H Wonder stands as a beacon of inspiration for the blockchain community worldwide.

Written by Dominium 05-09-2024
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD. NEW YORK – A Manhattan jury has found Terraform Labs and its co-founder, Do Kwon, liable on civil fraud charges brought by the U.S. Securities and Exchange Commission (SEC) in connection with the $40 billion implosion of the Terra ecosystem in May 2022, according to a Friday statement from the SEC. The SEC accused Terraform Labs and Kwon of misleading investors about the stability of its so-called “algorithmic” native stablecoin, Terra USD (UST), and the use cases for the Terra blockchain. The jury delivered the verdict on Friday, just two hours after lawyers for both the SEC and the defendants gave their closing arguments at the end of the nine-day trial in New York. Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of the supposed algorithm that kept UST pegged to the U.S. dollar. Though Kwon insinuated that it could “automatically self-heal” in the event of a de-peg, it actually relied on continuous trading activity, including large-scale trading done by institutional investors. “We are pleased with today’s jury verdict holding Terraform Labs and Do Kwon liable for a massive crypto fraud,” Gurbir Grewal, SEC Division of Enforcement director, wrote in a statement. “The defendants caused devastating losses for investors and wiped out tens of billions of market value nearly overnight. For all of crypto’s promises, the lack of registration and compliance have very real consequences for real people. As the hard work of our team shows, we will continue to use the tools at our disposal to protect the investing public, but it is high time for the crypto markets to come into compliance,” Grewal added. #LUNA #LUNC #DoKwon $LUNC $LUNC
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case

The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD.

NEW YORK – A Manhattan jury has found Terraform Labs and its co-founder, Do Kwon, liable on civil fraud charges brought by the U.S. Securities and Exchange Commission (SEC) in connection with the $40 billion implosion of the Terra ecosystem in May 2022, according to a Friday statement from the SEC.

The SEC accused Terraform Labs and Kwon of misleading investors about the stability of its so-called “algorithmic” native stablecoin, Terra USD (UST), and the use cases for the Terra blockchain.

The jury delivered the verdict on Friday, just two hours after lawyers for both the SEC and the defendants gave their closing arguments at the end of the nine-day trial in New York.

Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of the supposed algorithm that kept UST pegged to the U.S. dollar. Though Kwon insinuated that it could “automatically self-heal” in the event of a de-peg, it actually relied on continuous trading activity, including large-scale trading done by institutional investors.

“We are pleased with today’s jury verdict holding Terraform Labs and Do Kwon liable for a massive crypto fraud,” Gurbir Grewal, SEC Division of Enforcement director, wrote in a statement.

“The defendants caused devastating losses for investors and wiped out tens of billions of market value nearly overnight. For all of crypto’s promises, the lack of registration and compliance have very real consequences for real people. As the hard work of our team shows, we will continue to use the tools at our disposal to protect the investing public, but it is high time for the crypto markets to come into compliance,” Grewal added.

#LUNA #LUNC #DoKwon $LUNC $LUNC
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