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🚨 Binance’s $3.5 Billion $PENGU BLUNDER – Chaos Unleashed! 🚨
Crypto markets were shaken yesterday as Binance made a jaw-dropping mistake during the launch of Puddy Penguins ($PENGU). For the first 30 minutes after listing, the exchange incorrectly displayed PENGU’s market cap as $350 million instead of its actual $3.5 billion, sparking wild trading chaos.
What Went Wrong?
The error stemmed from a delay in updating token data from CoinMarketCap (CMC), Binance’s primary data provider. This billion-dollar slip caused confusion, mispricing, and an uproar among traders.
How Binance Responded
Swift Action: Binance collaborated with CMC to resolve the issue and publicly apologized.Compensation: Traders affected during the 14:00–14:37 trading window on December 17 will receive 135 million PENGU tokens via airdrops.Future Improvements: Binance vowed to tighten its review processes with CMC and explore alternative data sources to prevent such mishaps.
What This Means for Traders
This incident highlights the risks of relying solely on centralized platforms for trading data. While Binance acted promptly, the event underscores the importance of vigilance and preparedness, even on leading exchanges.
Stay sharp, crypto fam—always verify critical data before trading, especially during high-profile listings.
#BinanceAirdropsCATandPENGU #Write2Earn! #ETHETFsApproved #MemeWatch2024 #BinanceSquareFamily
hamster kombat official announcement #hmstr #dogs ⚡️ GO BIG OR GO HOME ⚡️ You want it? You got it! We’re excited to announce that Binance, the biggest crypto exchange in the world, will list the $HMSTR token! 🚀 More details to come.. 🐹
hamster kombat official announcement #hmstr #dogs

⚡️ GO BIG OR GO HOME ⚡️

You want it? You got it!

We’re excited to announce that Binance, the biggest crypto exchange in the world, will list the $HMSTR token! 🚀

More details to come.. 🐹
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#MyFirstSquarePost Newly registered on Binance Square, looking forward to sharing and connecting with everyone here!
#MyFirstSquarePost Newly registered on Binance Square, looking forward to sharing and connecting with everyone here!
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Telegram CEO Pavel Durov Reveals Pressure From U.S. Security Agencies Bef
Just weeks before his arrest, Durov made headlines during an interview with Tucker Carlson, where he disclosed that U.S. security agencies, including the FBI, have shown significant interest in the operations of his messaging app. This revelation comes amidst ongoing global concerns about privacy and surveillance in digital communications.
Attempts to Recruit Telegram Engineer
During the interview, Durov recounted an incident in which U.S. agents attempted to covertly recruit a Telegram engineer. The agents sought to gain insights into the app’s integrated open-source libraries and potentially influence the company to implement compromised tools that would allow for easier surveillance. Durov explained that these efforts were part of a broader attempt by U.S. authorities to gain access to Telegram’s robust encryption and privacy features, which have made it a popular choice for users who value privacy.
Personal Encounters with the FBI
Durov also shared his personal experiences with U.S. law enforcement, detailing encounters with FBI agents at airports during his visits to the United States. He described these interactions as attempts to exert pressure on Telegram to compromise its security and privacy protocols. “Their goal was clear: to establish control over the app,” Durov stated during the interview, underscoring the persistent efforts by government agencies to monitor and potentially manipulate private communication platforms.
Global Implications
Durov’s arrest could have significant implications for the future of encrypted messaging services. If Telegram is found liable for facilitating criminal activities, it may set a precedent for how governments interact with tech companies that prioritize user privacy. This could potentially lead to more stringent regulations and increased scrutiny of digital platforms globally.
As the situation unfolds, the tech world will be closely watching to see how Durov’s legal challenges may affect Telegram’s operations and the broader debate over privacy versus security in digital communications
For more details on the interview, you can watch it on Tucker Carlson’s website or on YouTube​(YouTube,Tucker Carlson,Big News Network).
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