That moment I realise there's an exchange i don't trust that much anymore..
David futures
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🚨 Thodex Collapse: The $2 Billion Crypto Scam! 🇹🇷💸 Imagine logging into your crypto app and finding… nothing. That’s what happened to 400,000 users of Turkey’s largest crypto exchange, Thodex. The company disappeared overnight, along with $2 billion of investors’ money. 💔
What Happened?
Faruk Fatih Özer, the CEO of Thodex, shut down the exchange suddenly and fled the country. For months, he avoided capture, but in 2024, he was arrested in Albania. This year, he was sentenced to an insane 11,196 years in prison.
😂 Joke: Looks like he’ll have plenty of time to think about his mistakes… for the next 11,000 years!
Why This Matters
Thodex seemed like a safe exchange, but it turned out to be a scam. People trusted it and lost everything. This is a big warning for everyone in crypto: not all platforms are safe.
How to Stay Safe
1️⃣ Do your research before using any exchange. 2️⃣ Don’t keep all your funds on one platform—use a secure wallet. 3️⃣ Be careful with “too good to be true” offers.
Final Thoughts
The Thodex scam is a lesson for all of us. Always stay cautious in the crypto world, and protect your money like it’s gold. Stay safe and trade smart! 💪✨
I was having a bad day lol they liquidated 2 of my positions and it felt "offish" so I said screw that.
Khalid Rahim
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Can you see any difference between these two photos? 🤔📸
If you can't, let me explain: one picture shows a position with 1x leverage, while the other has 10x leverage—but it's the same position. 📈💼 This is how some people try to deceive others by sharing screenshots with 10x, 20x, or even 100x leverage and claiming, "Today was the best day; I gained 10 times more!" 🚀💰 Don't fall for such tricks. Trade with caution, and you'll be the true winner in this game. 🏆✨
Whether you use high or low leverage doesn’t matter. What matters is avoiding adding too much margin and staying clear of liquidation. ⚠️📉
🇺🇸 The US Government has just received approval to sell 69,370 $BTC (~$6.5B) seized from Silk Road! 😱 This is a HUGE amount of Bitcoin about to hit the market, and it’s got people worried.
While previous sales were done via **OTC** (over-the-counter) deals and didn't directly affect the price, we all know how market panic can cause **temporary dips** when these kinds of news break. 💥 The government currently holds around **197K $BTC** (worth **$18.6B**), and if they decide to sell more, it could trigger some serious **market turbulence**! 🚨
Could this be the storm before the calm? Will Bitcoin prices be impacted again? Only time will tell, but buckle up, because the ride might get bumpy! 📉
Stay vigilant and keep an eye on how this unfolds, because **Bitcoin’s future could be shifting** in the short term! 🚀
No we'd not like assistance with tracking Bio's performance or setting up alerts for price movements thank you! That's because whilst we appreciate the trust you put in Alexa we always DYOR!!!!
bitcoin futur
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🔥🔥 Predicting whether Bio Protocol (BIO) will hit $50 depends on several factors🚁💥💥🚀🚀
:
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1. Current Tokenomics and Market Cap Analysis
Total Supply: 3.32 billion BIO.
Initial Circulating Supply: 1.3 billion BIO (39.05% of the total).
Price Implication:
For BIO to hit $50, the market cap would need to be:
Feasibility: Achieving a $65 billion market cap requires BIO to become a leading blockchain project with global adoption and significant utility.
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2. Key Drivers for BIO to Reach $50
a) Real-World Adoption
If BIO Protocol becomes a standard for decentralized science (DeSci) funding and collaboration, it could attract institutional investors, researchers, and global partners.
Increased adoption would drive demand for the token, pushing its price upward.
b) Strong Community and Ecosystem Growth
A loyal and growing community can amplify the value of BIO. If the token gains popularity among DeSci enthusiasts, scientists, and crypto investors, demand could outstrip supply.
c) Scarcity Mechanisms
If the protocol introduces token burning, staking rewards, or reduces the circulating supply, scarcity could significantly boost prices.
d) Broader Cryptocurrency Market Trends
A bullish market could lift all projects, including BIO, especially if it’s backed by strong fundamentals.
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3. Challenges in Reaching $50
a) High Market Cap Requirement
$65 billion is an ambitious goal, especially for a niche project in the early stages of development.
b) Competition
BIO faces competition from other DeSci and blockchain projects. Dominance in its niche is not guaranteed.
c) Speculation and Volatility
Cryptocurrency markets are notoriously volatile. While hype could cause temporary price surges, sustainability at $50 requires solid adoption and utility.
d) Regulatory Risks
Increasing global regulation of crypto projects could limit BIO’s growth potential.
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4. Comparable Examples
Binance Coin (BNB): Achieved a high market cap due to widespread utility in the Binance ecosystem.
Solana (SOL): Rapid growth driven by adoption in decentralized applications.
Filecoin (FIL): A niche token with significant price movement based on adoption of its decentralized storage solution.
If BIO can replicate the success of such projects within the DeSci space, hitting $50 is possible in the long term.
Would you like assistance with tracking BIO’s performance or setting up alerts for price movements?
Gota love the number 1 spot ..was just the victim of another crime at Gate...gosh don't know how many times one has to lose money before you learn that crooks are just crooks period .
kawya-hansani
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#BSCOnTheRise seems to indicate a trending topic or movement related to the Binance Smart Chain (BSC), often used in discussions about blockchain, cryptocurrency, or decentralized finance (DeFi). It suggests that BSC is growing in popularity, innovation, or adoption.
If this relates to blockchain, Binance Smart Chain is a blockchain platform designed for running smart contract-based applications, offering faster and lower-cost transactions than some alternatives.
It's because there's someone sitting there and stealing my money that's why! 😂
BullishBanter
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Why Does the Market Move Against You When You Buy or Sell?
“”
Ever wondered why the market seems to dip right after you buy or rally once you sell? It’s not a conspiracy—it’s simply how market dynamics work. Let’s break it down and explore how you can use these moves to your advantage.
“Are You Seeing the Market as Your Enemy or a Learning Opportunity?”
The crypto market doesn’t play favorites. It operates on patterns, trends, and volume, rewarding those who take the time to study and adapt. Traders who focus solely on short-term fluctuations often feel defeated, while those who plan for long-term opportunities thrive.
Key Insight: The market is full of opportunities—success lies in spotting them before they unfold.
“Could Emotional Trading Be Draining Your Profits?”
Many traders fall into the trap of letting emotions take the wheel. Fear of missing out (FOMO), panic during a dip, or the thrill of a quick gain can lead to impulsive trades. Often, the market moves opposite to these emotional decisions, leaving traders frustrated.
Key Insight: Emotions don’t belong in trading. Mastering discipline is the key to consistent profits.
“Is Knowledge the Missing Piece in Your Strategy?”
Success in crypto isn’t about luck—it’s about preparation. Understanding market cycles, identifying key trends, and using reliable indicators are the tools that turn confusion into clarity. The more informed you are, the better your decisions will be.
Key Insight: Winners aren’t guessing—they’re prepared. The right knowledge helps you stay ahead of the game.
“Are You Reacting to the Market Instead of Anticipating It?”
The market doesn’t reward impulsive reactions; it rewards calculated moves. The ability to anticipate trends and time your entries and exits is what separates seasoned traders from beginners. Reacting to every price fluctuation often leads to losses.
Key Insight: Stop chasing the market and start predicting its next move with the right strategies.
“What Do Successful Traders Do Differently?”
Top traders understand one thing: the market is always evolving. They don’t cling to outdated strategies. Instead, they adjust their plans to align with new trends and innovations, staying ahead of the curve while others fall behind.
Key Insight: Adaptability is everything. Is your strategy flexible enough to thrive in this fast-changing market?
“Are You Ready to Take Charge of Your Trading Journey?”
The crypto market rewards those who prepare, learn, and strategize. Instead of being a bystander watching opportunities slip away, it’s time to step up and take control. The first step is recognizing that the market doesn’t work against you—it works for those who are ready.
Key Insight: Success isn’t about luck—it’s about preparation, discipline, and seizing opportunities when they arise.
Final Thought:
Every move in the crypto market holds potential, but only for those who are ready to take action with knowledge and clarity. Are you prepared to stop letting emotions and reactions dictate your trades and start building a strategy that works in your favor? The choice is yours—success is just one calculated step away.
Link to complete ownership at the bottom of article ✌️
Cryptonomous
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WHO OWNS YOU?
Amazing project! 🌟 What is a Y Passport? Is it a code? An NFT? The Y Passport is neither a code nor an NFT. It’s a bundle of Smart Contract Accounts (SCA) and Attestations based on the Ethereum Attestation Service (EAS). Attestations are verifiable claims, like: "Alice is over 18 years old." They are securely linked to your Smart Contract Wallet using cryptographic signatures, forming your decentralized and tamper-proof digital identity in the cyber economy. 🔒 Who has access to my data within the Y Passport? Only you control your data. You decide if and when to share your data with third parties, including Y. Unlike traditional platforms that profit from your data, Y takes a radically transparent approach: No hidden data collection. Your data remains a personal asset—secure and exclusively yours unless you decide to reveal it yourself. 📂 Where is the Y Passport stored? You can choose whether to make attestation public (visible to everyone) or private (shared only on demand in exchange for reward or smth. else). Public attestations (e.g., claim that you own your social accounts) are stored on the blockchain for transparency. Private attestations (e.g., your exact age) are stored differently to protect your privacy: the attestation itself (without sensitive details) is stored on the blockchain as a Merkle tree root. The actual private data is stored securely on your device. When you need to prove something (e.g., "I’m over 18 years old"), you generate a Merkle proof that verifies the claim without exposing unnecessary details, like your exact age. As long as you have access to your Y Passport mobile app, it is always with you—no extra files or codes needed. 🛡 How is the privacy and security of the Y Passport ensured? Privacy is at the core of the Y Passport. Private attestations are stored as Merkle tree root, i.e. it is impossible to decrypt it. Without access to the original data (stored only on your device), no one will ever be able to find out what is written there. This ensures both privacy and security while allowing you to retain full control. In summary, the Y Passport puts you in control of your digital identity and allows you to monetize it. No one, not even Y, has access to the data you choose to keep private.
Amazing project! 🌟 What is a Y Passport? Is it a code? An NFT? The Y Passport is neither a code nor an NFT. It’s a bundle of Smart Contract Accounts (SCA) and Attestations based on the Ethereum Attestation Service (EAS). Attestations are verifiable claims, like: "Alice is over 18 years old." They are securely linked to your Smart Contract Wallet using cryptographic signatures, forming your decentralized and tamper-proof digital identity in the cyber economy. 🔒 Who has access to my data within
What a time to be alive! Time for freeloaders ...are over !
Cryptopolitan
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Elon Musk Says His D.O.G.E Is Going After the IRS, Plans to Cut Its Budget
Elon Musk is coming for one of Washington’s biggest targets: the Internal Revenue Service. Joined by entrepreneur Vivek Ramaswamy, the eccentric billionaire plans to gut the agency’s budget and reimagine how Americans handle taxes.
The duo’s ambitions don’t stop there. They’re orchestrating a federal spending cut of $2 trillion, tackling agencies they consider bloated or outdated via their Department of Government Efficiency (D.O.G.E).
“The IRS is a mess,” ELon has said, pointing to inefficiency and scandals that have plagued the agency for years. He’s proposing a free tax-filing app, suggesting an audit, and calling for massive layoffs to reduce what he deems “administrative overgrowth.”
He did a poll on X, asking people what he should do with the IRS, and over 60% voted to delete its budget altogether.
On top of that, D.O.G.E plans to slash federal funding for other agencies, including the Consumer Financial Protection Bureau (CFPB) and the Department of Education.
Slashing through federal spending
D.O.G.E is targeting multiple agencies and programs as part of its $2 trillion spending cut. The CFPB, a watchdog agency for financial practices, is at the top of Elon’s list. “Delete CFPB,” Elon posted on X, sparking debate about the bureau’s future.
Critics argue the agency overlaps with others, making it redundant. Project 2025, a Trump-era initiative, also pushed for its elimination.
The Department of Education isn’t safe either. Vivek has suggested “mass reductions,” going as far as saying entire agencies might be wiped out. Trump, who has advocated for the department’s dismantling for years, appears to have his allies doubling down on that goal.
Even the Pentagon’s enormous $1 trillion budget isn’t off-limits. Vivek has criticized the Department of Defense for what he calls rampant waste. He claims the Pentagon burns through $125 billion annually on bureaucracy.
Ironically, Elon’s SpaceX, with its $3.6 billion in federal defense contracts, hasn’t come under the knife—yet. D.O.G.E also has plans to redirect $535 million currently allocated to the Corporation for Public Broadcasting (CPB), which oversees PBS and NPR.
Elon and Vivek argued in a Wall Street Journal op-ed that this funding isn’t authorized by Congress. They view it as another example of reckless federal spending.
IRS in the crosshairs
According to Wall Street Journal sources, Elon has been in talks to develop the government-backed tax-filing app. The idea? Streamline tax season and cut out third-party services like TurboTax, which have faced allegations of misleading taxpayers.
Elon and his D.O.G.E team want to simplify the tax code altogether, making it less painful for the average American. The IRS has long been a lightning rod for criticism.
In 2013, it was accused of politically targeting conservative tea party groups, leading to public outrage and congressional investigations. Ernst, who heads the DOGE caucus in the Senate, called the agency a symbol of inefficiency. “The IRS wastes taxpayer money. It’s time for accountability,” she posted on X.
D.O.G.E’s plans include auditing the IRS and reviewing its spending. Elon and Vivek want to cut its workforce, eliminating what they call “administrative overgrowth.” Elon also suggested relocating agencies like the IRS out of Washington, hoping to shrink its influence and operational costs.
D.O.G.E’s aggressive strategy could lead to significant job losses. Elon and Vivek have proposed embedding D.O.G.E appointees in agencies to assess minimum staffing needs. The goal is simple: find out who’s essential and fire the rest.
“Large-scale firings” are part of the plan, along with severance payments and incentives for early retirement. Elon has also suggested imposing a strict return-to-office policy for federal workers, requiring them to show up five days a week. He expects many will quit voluntarily.
The Department of Justice, Federal Trade Commission, and Securities and Exchange Commission are also on D.O.G.E’s radar. While specific plans for these agencies haven’t been revealed, cuts are expected.
Beyond that, the agency has also faced accusations of mismanagement and inefficiency. Critics point to outdated technology and delays in processing tax returns. In November 2024, a former IRS employee pleaded guilty to filing fraudulent tax returns, adding to the agency’s list of problems.
Fraudulent tax preparers are another issue. A 2014 study showed many preparers filed incorrect returns, often inflating refunds. Attempts to regulate these practices have faced legal challenges, leaving taxpayers vulnerable to scams.
The IRS has also been accused of disallowing claims without proper justification, particularly during the COVID-19 pandemic.
These controversies have eroded public trust. Elon’s criticism aligns with a broader sentiment that the IRS is overstaffed, inefficient, and prone to abuse.
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