via LookOnChain on X The price of #UNI surged by 65% due to | kaymyg på Binance Square

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The price of #UNI surged by 65% due to #Uniswap’s  latest proposal to allocate protocol fees to holders who have staked $UNI.  A wallet withdrew 43,435 $UNI ($309K) from #Binance  before the #UNI  price rose and currently holds 369,251 $UNI ($4.1M), with a profit of $1.48M.

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@SpotOnChain Vitalik Buterin (#VitalikButerin ) just sold $341K worth of #memecoins #MOODENG , $DEGEN, $NEIRO , $KABOSU, and #stablecoin $USDT for 140.67 $ETH in the past 30 minutes. At the same time, he also sent 100 $ETH ($242K) to the “Free Alexey & Roman” campaign, supporting the legal defense of #TornadoCash developers Alexey Pertsev and Roman Storm!

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#BinanceResearch For illustrative purposes, we have analyzed a #memecoin project, which we refer to as 'Project Z' to maintain anonymity. In the case of Project Z, several indicators suggest a high concentration of token ownership, along with on-chain activities that could potentially prove detrimental to token holders. At first glance, it may appear that Token Z is widely distributed, with nearly 200,000 addresses holding the token. However, a closer examination of on-chain transactions reveals that many of these addresses are interconnected, likely indicating ownership by a single entity. This distribution strategy appears intended to artificially inflate the number of token holders.

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#BinanceResearch : We remain optimistic about the industry's future, focusing on key areas for improvement: 1. Sustainable Valuations: We anticipate a shift towards more reasonable valuations as investors prioritize solid fundamentals over speculation, fostering a healthier market. 2. Balanced Centralization: While some centralization can enhance decision-making, maintaining decentralization is crucial for community trust and project integrity. 3. Enhanced Transparency: Projects that provide clear disclosures about operations and governance will build trust and attract stakeholders, promoting accountability. 4. Purposeful Rebranding: Rebranding should reflect genuine business needs, ensuring alignment with long-term goals and community benefits. By addressing these areas, we can build a more robust and resilient ecosystem, encouraging collaboration and innovation while upholding core principles.

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#PeckShieldAlert #EigenLayer reported that they have been drained 1.674M $EIGEN (worth ~$5.87M). The attacker swapped the stolen $EIGEN for $USDC . Most of the stolen funds have been transferred to #HitBTC , while ~5K USDC was sent to #Kraken .

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#PeckShieldAlert #phishing @symbioticfi's X account has been compromised. Do *NOT* click the link until further official announcement. community-symbiotic[.]fi is the #phishing link

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