2 months ago
❌ Vulnerability in automatic email replies allows hackers to mine cryptocurrency using your computer.
Researchers at Facct report that hackers are exploiting email auto-replies to spread crypto-mining malware, hijacking the systems of unsuspecting users to mine cryptocurrency without their knowledge.
Using this tactic, attackers seek to install the XMRig miner on victims' devices.
The security firm said it has so far identified more than 150 emails containing XMRig since late May.
Researchers at Facct report that hackers are exploiting email auto-replies to spread crypto-mining malware, hijacking the systems of unsuspecting users to mine cryptocurrency without their knowledge.
Using this tactic, attackers seek to install the XMRig miner on victims' devices.
The security firm said it has so far identified more than 150 emails containing XMRig since late May.
2 months ago
The bulls are in charge as markets pump 🐂📈
But can J Pow really stick that Goldilocks landing to secure that full-on bull market?
What you should know 👇
========================================
Bulls appear to be firmly in control as the market prices in the “Goldilocks” landing scenario following Wednesday's major rate cut announcement.
What’s the Scoop?
✂️ Fed Cuts: Wednesday, America’s Federal Reserve announced a 50 bps (0.5%) decrease to its benchmark short-term policy rate in the central bank’s first instance of monetary easing during the post-Covid era.
📊 Volatile Regime: While markets initially rallied on confirmation of the telegraphed Fed cuts, they gave back the gains headed into the U.S. close and finished out that first day red. Although the bullish impulse from Fed cuts didn’t transpire until after the close, the broad market S&P 500 opened 1.5% higher today, the index’s strongest overnight gain since 2022 and its largest gap up opening to new all-time highs in at least 35 years.
🌼 Achieving Goldilocks: High interest rates were tough on the economy, but they were seen as necessary to control the big inflation that hit in 2022. Now that inflation has slowed down a lot in recent months, the Fed can start easing up on its monetary policies. Despite some softening in the labor market, numbers aren't pointing to imminent disaster, and global central bankers remain supremely confident they can keep unemployment from rising too much without causing more inflation through carefully calculated interest rate cuts.
📢 Bankless Take: The best mix of conditions seems to be coming together, boosting economic optimism and giving the green light for bulls to push markets to new all-time highs. While investors will see tanking inflation data as bullish and shrug off deteriorating labor conditions in the weeks ahead thanks to renewed confidence in the Fed Put, an unexpected turn for the worse will swiftly give way to serious recession concerns.
Analysis by JackInabinet
But can J Pow really stick that Goldilocks landing to secure that full-on bull market?
What you should know 👇
========================================
Bulls appear to be firmly in control as the market prices in the “Goldilocks” landing scenario following Wednesday's major rate cut announcement.
What’s the Scoop?
✂️ Fed Cuts: Wednesday, America’s Federal Reserve announced a 50 bps (0.5%) decrease to its benchmark short-term policy rate in the central bank’s first instance of monetary easing during the post-Covid era.
📊 Volatile Regime: While markets initially rallied on confirmation of the telegraphed Fed cuts, they gave back the gains headed into the U.S. close and finished out that first day red. Although the bullish impulse from Fed cuts didn’t transpire until after the close, the broad market S&P 500 opened 1.5% higher today, the index’s strongest overnight gain since 2022 and its largest gap up opening to new all-time highs in at least 35 years.
🌼 Achieving Goldilocks: High interest rates were tough on the economy, but they were seen as necessary to control the big inflation that hit in 2022. Now that inflation has slowed down a lot in recent months, the Fed can start easing up on its monetary policies. Despite some softening in the labor market, numbers aren't pointing to imminent disaster, and global central bankers remain supremely confident they can keep unemployment from rising too much without causing more inflation through carefully calculated interest rate cuts.
📢 Bankless Take: The best mix of conditions seems to be coming together, boosting economic optimism and giving the green light for bulls to push markets to new all-time highs. While investors will see tanking inflation data as bullish and shrug off deteriorating labor conditions in the weeks ahead thanks to renewed confidence in the Fed Put, an unexpected turn for the worse will swiftly give way to serious recession concerns.
Analysis by JackInabinet
3 months ago
Will rate cuts restart crypto's bull run? 🐂
Here's what could happen next 👇
========================================
In 2022, the Fed raised interest rates to tackle high inflation, which made borrowing more expensive and led to falling asset prices, resulting in a bear market. However, with lower interest rates, many expect monetary easing that could gently guide the global economy into a "Soft Landing."
If inflation doesn’t spike again and rate cuts help keep unemployment stable, central bankers could achieve something incredible—removing major economic uncertainties and delivering a level of global economic stability we haven’t seen in decades!
Although the Fed's latest economic projections seem to favor more future rate cuts, they also reflect how uncertain things are, with inflation forecasts being lowered, flat GDP estimates, and non-trivial upticks in unemployment expectations.
The greatest economic risk has shifted from higher inflation to falling employment, as shown by the decision to cut rates. Even though Federal Reserve members and other central bankers are confident they can manage these risks with further rate cuts, any continued economic decline could rapidly devolve into serious recession concerns.
Global bond yields that had been increasing since Tuesday dropped only slightly after the rate cuts were confirmed, suggesting the market had already factored this in with earlier moves downwards since July. While Bitcoin briefly jumped about 2% right after the rate cut news, markets started selling off soon after, erasing those gains before the day ended.
While the initial excitement around the rate cuts was clear, investors are now carefully watching how the economy reacts to these changes, with hopes pinned on a smooth transition but wary of potential bumps ahead.
Whether this will truly ignite the next crypto bull market or trigger deeper recession concerns remains to be seen as the balancing act between inflation, employment, and growth continues to unfold.
Analysis by JackInabinet
Here's what could happen next 👇
========================================
In 2022, the Fed raised interest rates to tackle high inflation, which made borrowing more expensive and led to falling asset prices, resulting in a bear market. However, with lower interest rates, many expect monetary easing that could gently guide the global economy into a "Soft Landing."
If inflation doesn’t spike again and rate cuts help keep unemployment stable, central bankers could achieve something incredible—removing major economic uncertainties and delivering a level of global economic stability we haven’t seen in decades!
Although the Fed's latest economic projections seem to favor more future rate cuts, they also reflect how uncertain things are, with inflation forecasts being lowered, flat GDP estimates, and non-trivial upticks in unemployment expectations.
The greatest economic risk has shifted from higher inflation to falling employment, as shown by the decision to cut rates. Even though Federal Reserve members and other central bankers are confident they can manage these risks with further rate cuts, any continued economic decline could rapidly devolve into serious recession concerns.
Global bond yields that had been increasing since Tuesday dropped only slightly after the rate cuts were confirmed, suggesting the market had already factored this in with earlier moves downwards since July. While Bitcoin briefly jumped about 2% right after the rate cut news, markets started selling off soon after, erasing those gains before the day ended.
While the initial excitement around the rate cuts was clear, investors are now carefully watching how the economy reacts to these changes, with hopes pinned on a smooth transition but wary of potential bumps ahead.
Whether this will truly ignite the next crypto bull market or trigger deeper recession concerns remains to be seen as the balancing act between inflation, employment, and growth continues to unfold.
Analysis by JackInabinet
3 months ago
🏆❌ The winner of the "Best Content Creator" award at Token2049 in Singapore has deleted his X account after being accused of using bots to manipulate his stats.
Professor Crypto was honored with the Key Opinion Leader (KOL) award last night at a side event at Token2049.
He then shared this success on X.
ZachXBT looked into the influencer's stats and according to investigator Onchain, he used thousands of bots.
“It might be a good idea to fire the thousands of bots you use on all social media platforms to fool people into thinking you have influence.”
says ZachXBT.
He then cited CFTC law that states that "no person shall sell or purchase false indicators of influence on social media, such as followers or views generated by a bot or hijacked account."
The effect is clear and sounds like a confession for Professor Crypto who deleted his X account shortly afterwards.
Professor Crypto was honored with the Key Opinion Leader (KOL) award last night at a side event at Token2049.
He then shared this success on X.
ZachXBT looked into the influencer's stats and according to investigator Onchain, he used thousands of bots.
“It might be a good idea to fire the thousands of bots you use on all social media platforms to fool people into thinking you have influence.”
says ZachXBT.
He then cited CFTC law that states that "no person shall sell or purchase false indicators of influence on social media, such as followers or views generated by a bot or hijacked account."
The effect is clear and sounds like a confession for Professor Crypto who deleted his X account shortly afterwards.
3 months ago
Daily Memecoin Recap - September 9
Market sentiment could flip bullish at any moment
Apple Event
$dbp -> $850k , "Disco Ball Pigeon", emoji shown during the apple event, okx tweeted it $CowboyFrog -> hit $377k , first AI emoji apple showed during the event
Popular Memes & Trends
$gg -> hit $1m , Galaxy Gas, one of the dumbest trends I've ever seen, all over tiktok
$wait -> hit $844k , Correction Guy, viral meme on CT
$legend -> hit $264k , "F*cking Legend", old viral meme
Hyped Launch
$insdr -> hit $1m , "The Insiders", they've been posting for a while w/ twitter gold
Doge Team Post
$cate -> hit $511k , posted by $doge team,
Dog Meta
$jack -> hit $231k , cute dog
$duge -> hit $144k , plushie dog, CTO
Slow Cooks
$moth -> $2 .5m to $7m (2.8x), was stagnant for a couple days, currently breaking out
$deebo -> $350k to $1 .7m (4.85x), CTO, bear meme
$pe -> $370k to $917k (2.47x), " Half of $pepe "
$mope -> $30k to $330k (11x), CTO
Other Plays
$btc2 -> hit $1 .39m, "Bitcoin 2.0", a fake $btc on solana, limited supply of 21,000 tokens
$ct -> hit $732k , "Crypto Twitter"
$bingus -> hit $308k , X community, pushed by KOLs
$fp -> hit $298k , a fluffy pickle
$dwagon -> hit $295k , dragon + $fwog , CTO
$unlock -> hit $178k , "unlock your full potential, unlock unlimited gains on Solana"
Patience & quality over quantity 🤫
Market sentiment could flip bullish at any moment
Apple Event
$dbp -> $850k , "Disco Ball Pigeon", emoji shown during the apple event, okx tweeted it $CowboyFrog -> hit $377k , first AI emoji apple showed during the event
Popular Memes & Trends
$gg -> hit $1m , Galaxy Gas, one of the dumbest trends I've ever seen, all over tiktok
$wait -> hit $844k , Correction Guy, viral meme on CT
$legend -> hit $264k , "F*cking Legend", old viral meme
Hyped Launch
$insdr -> hit $1m , "The Insiders", they've been posting for a while w/ twitter gold
Doge Team Post
$cate -> hit $511k , posted by $doge team,
Dog Meta
$jack -> hit $231k , cute dog
$duge -> hit $144k , plushie dog, CTO
Slow Cooks
$moth -> $2 .5m to $7m (2.8x), was stagnant for a couple days, currently breaking out
$deebo -> $350k to $1 .7m (4.85x), CTO, bear meme
$pe -> $370k to $917k (2.47x), " Half of $pepe "
$mope -> $30k to $330k (11x), CTO
Other Plays
$btc2 -> hit $1 .39m, "Bitcoin 2.0", a fake $btc on solana, limited supply of 21,000 tokens
$ct -> hit $732k , "Crypto Twitter"
$bingus -> hit $308k , X community, pushed by KOLs
$fp -> hit $298k , a fluffy pickle
$dwagon -> hit $295k , dragon + $fwog , CTO
$unlock -> hit $178k , "unlock your full potential, unlock unlimited gains on Solana"
Patience & quality over quantity 🤫
3 months ago
3 months ago
Are you a crypto crash rookie?
You need JackInabinet's guide to disaster-proofing your crypto portfolio ☢️
1/6
You need JackInabinet's guide to disaster-proofing your crypto portfolio ☢️
1/6
3 months ago
💬 Franklin Templeton CEO Jenny Johnson is shocked by how much traditional finance underestimates #Bitcoin .
In a conversation at the Wyoming Blockchain Symposium in Jackson Hole, she said:
“What’s crazy to me is that in traditional finance, they have no idea how much money and how much volume [of bitcoin] there is “
http://coindesk.com/busine...
In a conversation at the Wyoming Blockchain Symposium in Jackson Hole, she said:
“What’s crazy to me is that in traditional finance, they have no idea how much money and how much volume [of bitcoin] there is “
http://coindesk.com/busine...
4 months ago
📊 Weekly Outlook Charts Aug 19-23:
#DXY still grinding lower. Nothing much has changed since last week. Global PMI data and subsequent labor market data in UK, France, Germany, USA will have an impact on fed cut expectations and by proxy risk assets including the dollar.
The Annual Jackson Hole meeting is this week as well. Surely there will be some volatility. My best guess is Powell restating the fact that the fight against inflation is almost over and focus on labor market data will be prioritized going forward to initiate the 'soft landing'
https://www.tradingview.co.../
Within 2 weeks since the yen unwinding, we are just a couple percentage points off the highs. The vast volatility has me a bit suspicious. Since we are back above the cloud, confirms bullish continuation, however I suspect this week we might range around 5600 on #SPY due to heavy news flow this week.
https://www.tradingview.co.../
Seems like USOIL is closely following DXY most likely due to concerns of global economic growth.
https://www.tradingview.co.../
#btc still lagging risk assets in tradfi markets. Not bullish again until daily closes above the cloud. Still ranging. Not particularly interested here
https://www.tradingview.co.../
#eth is still struggling to pass resistance. Must be patient
https://www.tradingview.co.../
#DXY still grinding lower. Nothing much has changed since last week. Global PMI data and subsequent labor market data in UK, France, Germany, USA will have an impact on fed cut expectations and by proxy risk assets including the dollar.
The Annual Jackson Hole meeting is this week as well. Surely there will be some volatility. My best guess is Powell restating the fact that the fight against inflation is almost over and focus on labor market data will be prioritized going forward to initiate the 'soft landing'
https://www.tradingview.co.../
Within 2 weeks since the yen unwinding, we are just a couple percentage points off the highs. The vast volatility has me a bit suspicious. Since we are back above the cloud, confirms bullish continuation, however I suspect this week we might range around 5600 on #SPY due to heavy news flow this week.
https://www.tradingview.co.../
Seems like USOIL is closely following DXY most likely due to concerns of global economic growth.
https://www.tradingview.co.../
#btc still lagging risk assets in tradfi markets. Not bullish again until daily closes above the cloud. Still ranging. Not particularly interested here
https://www.tradingview.co.../
#eth is still struggling to pass resistance. Must be patient
https://www.tradingview.co.../
4 months ago
📊 Weekly Outlook August 19-23:
Market focused on Jackson Hole retreat on Friday for clues on rate cuts
News/Sentiment: 📊
• Market focused on Jackson Hole retreat on Friday for clues on rate cuts
• Global PMI data release on Thursday hints at global economic health
• Citi expects 25bps in September and 25bps in November
• Fed minutes from July FOMC to be released on Wednesday
• Labor market data is higher priority than inflation data to determine Fed rate cuts
Events This Week: 📅
Mon:
• 🇪🇺EUR: CPI, German PPI
• 💸 Earnings: Palo Alto ($PANW), Estee Lauder ($EL)
Tue:
• 🇨🇦CAD: CPI
• 🇯🇵JPY: Exports, trade balance
• 💸 Earnings: Lowes $LOW
Wed:
• 🇺🇸US: Fed minutes FOMC, 20-year bond auction
• 💸 Earnings: Tj Maxx $TJX , Target $TGT
Thu:
• Global PMI data
• 🇫🇷FR: Manufacturing/services PMI
• 🇩🇪GER: Manufacturing/services PMI
• 💸 Earnings: Dollar Tree $DLTR
Fri:
• 🇺🇸US: Powell speaks at Jackson Hole at 10am ET, Housing data
Risk Appetite: 😬
• Truflation: 1.42%
• Market fear/greed = 40
• Market breadth = neutral
• Put/call = greed
• Junk bond vs investment grade = extreme fear RiskAppetite
• AAII sentiment: 5% above historical bullish average
• Crypto fear/greed = 28 fear
• High yield bond premium = 3.29% (large decrease)
• High yield effective yield = 7.15% (large decrease)
Market Breadth: 📊
• Percentage of $SPX stocks above 200D MA: = 58% (increase from last week)
• Percentage of $SPX stocks above 50D MA: = 57% (increase from last week)
• Percentage of $SPX stocks above 20D MA: = 50% (substantial increase from last week)
• NASDAQ new highs - new lows = 38
• SPY 52 week highs - 52 week lows =-80
• SPY New highs - New lows = Monthly 68 ; Weekly 19
Other: 📊
• Fed rate monitor tool = 77% probability of 25 bps cut, 23% of 50 BPS cut
Market focused on Jackson Hole retreat on Friday for clues on rate cuts
News/Sentiment: 📊
• Market focused on Jackson Hole retreat on Friday for clues on rate cuts
• Global PMI data release on Thursday hints at global economic health
• Citi expects 25bps in September and 25bps in November
• Fed minutes from July FOMC to be released on Wednesday
• Labor market data is higher priority than inflation data to determine Fed rate cuts
Events This Week: 📅
Mon:
• 🇪🇺EUR: CPI, German PPI
• 💸 Earnings: Palo Alto ($PANW), Estee Lauder ($EL)
Tue:
• 🇨🇦CAD: CPI
• 🇯🇵JPY: Exports, trade balance
• 💸 Earnings: Lowes $LOW
Wed:
• 🇺🇸US: Fed minutes FOMC, 20-year bond auction
• 💸 Earnings: Tj Maxx $TJX , Target $TGT
Thu:
• Global PMI data
• 🇫🇷FR: Manufacturing/services PMI
• 🇩🇪GER: Manufacturing/services PMI
• 💸 Earnings: Dollar Tree $DLTR
Fri:
• 🇺🇸US: Powell speaks at Jackson Hole at 10am ET, Housing data
Risk Appetite: 😬
• Truflation: 1.42%
• Market fear/greed = 40
• Market breadth = neutral
• Put/call = greed
• Junk bond vs investment grade = extreme fear RiskAppetite
• AAII sentiment: 5% above historical bullish average
• Crypto fear/greed = 28 fear
• High yield bond premium = 3.29% (large decrease)
• High yield effective yield = 7.15% (large decrease)
Market Breadth: 📊
• Percentage of $SPX stocks above 200D MA: = 58% (increase from last week)
• Percentage of $SPX stocks above 50D MA: = 57% (increase from last week)
• Percentage of $SPX stocks above 20D MA: = 50% (substantial increase from last week)
• NASDAQ new highs - new lows = 38
• SPY 52 week highs - 52 week lows =-80
• SPY New highs - New lows = Monthly 68 ; Weekly 19
Other: 📊
• Fed rate monitor tool = 77% probability of 25 bps cut, 23% of 50 BPS cut
4 months ago
⚠️ This week we have one of the MOST IMPORTANT FED events 🇺🇸 that will affect the price of #Bitcoin ‼️👀
Save this calendar to stay alert 👇
WEDNESDAY
- 20:00 CET: Publication of the minutes of #FOMC
THURSDAY
- 14:30: Weekly unemployment claims
- 15:45: S&P Manufacturing and Services PMI Indices
- 16:00: Start of the Jackson Hole Symposium (all day)
FRIDAY
- 16:00: Jerome Powell press conference at Jackson Hole
SATURDAY
- 16:00: Jackson Hole Symposium (all day)
🚨 The Jackson Hole event is going to be very important, many central banks and economic institutions are going to debate the current situation, and above all the most interesting thing will be on Friday with Jerome Powell
As always, I will keep you informed in real time about all this.
Save this calendar to stay alert 👇
WEDNESDAY
- 20:00 CET: Publication of the minutes of #FOMC
THURSDAY
- 14:30: Weekly unemployment claims
- 15:45: S&P Manufacturing and Services PMI Indices
- 16:00: Start of the Jackson Hole Symposium (all day)
FRIDAY
- 16:00: Jerome Powell press conference at Jackson Hole
SATURDAY
- 16:00: Jackson Hole Symposium (all day)
🚨 The Jackson Hole event is going to be very important, many central banks and economic institutions are going to debate the current situation, and above all the most interesting thing will be on Friday with Jerome Powell
As always, I will keep you informed in real time about all this.
4 months ago
Nib dictionary:
1. Nibblet: A tiny piece of the NIB pie.
2. Nib-sters: The coolest chicks in the crypto coop.
3. Nib-ble: When you're just pecking at the market.
4. Nib-rarian: Organizing all the NIB knowledge.
5. Nib-torious: The most famous chick in the game.
6. Nibsterious: The mystery behind why this chick is so frightened.
7. Nib-ergized: Ready to flap those wings and take on the market!
8. Nib-iquity: The state of being everywhere in the meme coin world.
9. Nib-errific: When your NIB investment finally takes flight.
10. Nib-zilla: When the tiny chick becomes the biggest beast in crypto.
11. Nib-stitute: When you swap out one meme coin for a better chick.
12. Nib-busters: Taking down all those FUDsters.
13. Nibfluence: The power of the chick over the crypto community.
14. Nib-citement: The thrill of watching your NIBs grow.
15. Nib-servation: Keeping a close eye on your chick’s nest.
16. Nib-accino: The coffee break you take while watching the charts.
17. Nib-compoop: Someone who sells their NIBs too early.
18. Nib-ocalypse: When all the NIB holders go wild at once.
19. Nibstitution: The new chick on the block, ready to replace the old guard.
20. Nib-ified: When you’ve gone all in on NIB.
21. Nib-chael Jackson: Moonwalking through the crypto market.
22. Nib-sanity: When NIB’s price spikes out of nowhere.
23. Nibvengers: The team of NIB heroes ready to save the market.
24. Nib-solutely: When you’re 100% certain this chick is the one.
25. Nib-ception: A chick inside a chick, inside a meme coin dream.
26. Nib-stronaut: Ready to send this chick to the moon.
27. Nib-ergreen: A meme that never goes out of style.
28. Nib-and-dime: When you’re just picking up a few more NIBs.
29. Nib-ling: A baby chick, or someone just starting with NIB.
30. Nib-casso: When your chick doodles become priceless crypto art.
31. Nibstitute teacher: The chick teaching you how to trade.
32. Nibba Fett: The bounty hunter of meme coins.
33. Nib-blebee: Buzzing around, collecting NIBs.
34. Nib by nib: Slowly stacking your fortune, one chick at a time.
35. Nibberoni: A little bit of NIB in every bite.
36. Nibviously: It’s clear NIB is the next big thing.
37. Nib-a-lanche: When NIB takes over the charts.
38. Nib-spresso: A strong shot of NIB to start your day.
39. Nib-ulation: The jubilation of seeing your NIB investment soar.
40. Nib-and-beyond: When you’re ready to take this chick to the stars!
1. Nibblet: A tiny piece of the NIB pie.
2. Nib-sters: The coolest chicks in the crypto coop.
3. Nib-ble: When you're just pecking at the market.
4. Nib-rarian: Organizing all the NIB knowledge.
5. Nib-torious: The most famous chick in the game.
6. Nibsterious: The mystery behind why this chick is so frightened.
7. Nib-ergized: Ready to flap those wings and take on the market!
8. Nib-iquity: The state of being everywhere in the meme coin world.
9. Nib-errific: When your NIB investment finally takes flight.
10. Nib-zilla: When the tiny chick becomes the biggest beast in crypto.
11. Nib-stitute: When you swap out one meme coin for a better chick.
12. Nib-busters: Taking down all those FUDsters.
13. Nibfluence: The power of the chick over the crypto community.
14. Nib-citement: The thrill of watching your NIBs grow.
15. Nib-servation: Keeping a close eye on your chick’s nest.
16. Nib-accino: The coffee break you take while watching the charts.
17. Nib-compoop: Someone who sells their NIBs too early.
18. Nib-ocalypse: When all the NIB holders go wild at once.
19. Nibstitution: The new chick on the block, ready to replace the old guard.
20. Nib-ified: When you’ve gone all in on NIB.
21. Nib-chael Jackson: Moonwalking through the crypto market.
22. Nib-sanity: When NIB’s price spikes out of nowhere.
23. Nibvengers: The team of NIB heroes ready to save the market.
24. Nib-solutely: When you’re 100% certain this chick is the one.
25. Nib-ception: A chick inside a chick, inside a meme coin dream.
26. Nib-stronaut: Ready to send this chick to the moon.
27. Nib-ergreen: A meme that never goes out of style.
28. Nib-and-dime: When you’re just picking up a few more NIBs.
29. Nib-ling: A baby chick, or someone just starting with NIB.
30. Nib-casso: When your chick doodles become priceless crypto art.
31. Nibstitute teacher: The chick teaching you how to trade.
32. Nibba Fett: The bounty hunter of meme coins.
33. Nib-blebee: Buzzing around, collecting NIBs.
34. Nib by nib: Slowly stacking your fortune, one chick at a time.
35. Nibberoni: A little bit of NIB in every bite.
36. Nibviously: It’s clear NIB is the next big thing.
37. Nib-a-lanche: When NIB takes over the charts.
38. Nib-spresso: A strong shot of NIB to start your day.
39. Nib-ulation: The jubilation of seeing your NIB investment soar.
40. Nib-and-beyond: When you’re ready to take this chick to the stars!
5 months ago
Daily Memecoin Recap - July 5
$sol bounces off of support, for market to resume its uptrend (short-term), we'd like to see a break of $155
Billy Soars Regardless Of Market Conditions
$billy -> $96 .5m to $164m (1.7x)
$holly -> hit $8 .65m, bundled, rumors that it was ran by the same guys as $billy
Matt Furie Characters
$doggs -> $10 .55m to $24m (2.27x), good team & market makers
$mojo -> hit $2m
Moonshot Launches
$landlord -> $2 .32m to $6 .1m (2.63x), on dexscreene's moonshot
$jacky -> hit $1 .5m, cat meme
Cat Memes
$milly -> hit $3 .2m, CTO, this meme has been done twice previously
$relax -> hit $1 .8m, pushed by KOLs, same dev as $chill that hit $1m
$omni -> hit $660k , CTO
Dog Memes
$buddy -> hit $1m , CTO by a $billy whale
$dolly -> hit $575k , dog version of $dolly
$boppy -> hit $520k , CTO
More Cooks
$otti -> hit $1 .88m
$grass -> hit $1 .65m, "Touch Grass", CTO
$nothing -> hit $400k
Lately everything is a "CTO"
Any project where dev is still in is lowkey bearish nowadays lmao
$sol bounces off of support, for market to resume its uptrend (short-term), we'd like to see a break of $155
Billy Soars Regardless Of Market Conditions
$billy -> $96 .5m to $164m (1.7x)
$holly -> hit $8 .65m, bundled, rumors that it was ran by the same guys as $billy
Matt Furie Characters
$doggs -> $10 .55m to $24m (2.27x), good team & market makers
$mojo -> hit $2m
Moonshot Launches
$landlord -> $2 .32m to $6 .1m (2.63x), on dexscreene's moonshot
$jacky -> hit $1 .5m, cat meme
Cat Memes
$milly -> hit $3 .2m, CTO, this meme has been done twice previously
$relax -> hit $1 .8m, pushed by KOLs, same dev as $chill that hit $1m
$omni -> hit $660k , CTO
Dog Memes
$buddy -> hit $1m , CTO by a $billy whale
$dolly -> hit $575k , dog version of $dolly
$boppy -> hit $520k , CTO
More Cooks
$otti -> hit $1 .88m
$grass -> hit $1 .65m, "Touch Grass", CTO
$nothing -> hit $400k
Lately everything is a "CTO"
Any project where dev is still in is lowkey bearish nowadays lmao
5 months ago
What's the Deal with MegaETH? 🤔
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
The upcoming Vitalik-backed L2 wants to be the 'real-time Ethereum'
What's its plan? Find out 👇
MegaETH, an upcoming L2 branded as the “real-time Ethereum” boasting sub-millisecond latency and capable of processing over 100k transactions per seco nd (TPS), just announced that it has received $20M in seed funding at a $100M + valuation!
The big names involved have attracted some major attention to the upstart chain.
Today, we’re discussing how MegaETH is innovating on contemporary Ethereum Virtual Machine (EVM) blockchain implementations to provide industry-leading performance capabilities and decentralization guarantees.
⭐️ What Makes MegaETH Special
High-performance alt L1s require their nodes to perform identical tasks without specialization, imposing a fundamental tradeoff between performance and decentralization. In comparison, MegaETH takes advantage of Ethereum’s L2s technology to create differentiated roles for nodes with varying hardware requirements.
MegaETH decouples the task of transaction processing from full nodes and creates three major roles for infrastructure operators: sequencers, provers, and full nodes. Although actual block production becomes increasingly centralized with MegaETH, flexible hardware requirements from node specialization ensures trustless block validation and could provide industry-leading decentralization guarantees.
A single active MegaETH sequencer will be responsible for ordering and executing user transactions, eliminating the consensus process during normal operations, and will pass state differences (i.e.; changes to the blockchain’s state) to full nodes via a peer-to-peer network, who then apply the state diffs to update their local state. Notably, MegaETH transactions are not re-executed by full nodes to verify block integrity; they instead validate blocks indirectly using proofs provided by the prover.
While blockchains have frequently turned to one-off solutions like parallelization in their pursuit of scale, enabling transactions touching different parts of state to be processed simultaneously on multiple CPU cores, the benefits of this specific approach are limited by the fact that many transactions contain dependencies, resulting in only modest boosts from parallelization for blockchain speed.
Such ambitions necessitate scaling node hardware to its limits while preserving decentralization (achieved through specialization) and require the creation of a system innately designed to approach the theoretical upper performance limit for a decentralized blockchain.
To this end, the MegaETH sequencer will store the entirety of its state in-memory and be the first blockchain to implement in-memory compute, a critical feature for high-performance Web2 applications that should enable MegaETH to accelerate state access by 1,000x compared to alternative solid state drive storage methods utilized by competitors.
🧐 Closing Thoughts
The significant performance improvements targeted by MegaETH over contemporary EVM implementations should provide a major boost to L2 performance and could finally produce a decentralized blockchain capable of handling real-world adoption!
Although some contend that MegaETH is best suited as a competitor against an Ethereum ecosystem largely uninterested in scaling its base layer, the optimizations achieved by MegaETH are made possible solely through its ability to outsource security and censorship resistance to existing decentralized networks, like Ethereum and EigenLayer.
Written by JackInabinet
5 months ago
💬 Bitcoin could one day replace the US dollar.
This is what Jack Dorsey, the founder of Twitter, says.
He said he was convinced that bitcoin would soon move from being a store of value to becoming a dominant currency.
“It’s going to take a while.”
“It’s not 10 years, but maybe 15. Little by little, people understand the value of this system and why it is so powerful.”
“It could potentially complement or replace the U.S. dollar, which governs everything.”
https://decrypt.co/238168/...
This is what Jack Dorsey, the founder of Twitter, says.
He said he was convinced that bitcoin would soon move from being a store of value to becoming a dominant currency.
“It’s going to take a while.”
“It’s not 10 years, but maybe 15. Little by little, people understand the value of this system and why it is so powerful.”
“It could potentially complement or replace the U.S. dollar, which governs everything.”
https://decrypt.co/238168/...
5 months ago
Daily Memecoin Recap - July 1
Interesting day overall, influencers continue to hop on the crypto bandwagon
These influencer coins usually have an initial run-up, but unless the influencer does something unique to keep attention, the coin will die out
Gummy Team Launches A New Token
$baked -> hit $100m , hyped launch, same team as $gummy
Stevewilldoit Launch
$hero -> hit $82m ,
- Steve has been in crypto for years, he's very trusted by fans which explains why his coin reached so high
Sexyy Red Launches a Token
$presi -> hit $13m , "President Red"
- After several weeks of teasing, SexyyRed314_ drops the CA
Mike O'Hearn x Giga
$giga -> $42m to $150m (3.57x),
- Mike was teasing as if he would launch his own coin
- Instead of launching his own token like most of these influencers, he partnered with an already existing one
Influencer Launches
$mommy -> hit $1 .5m, NSFW
$bt -> hit $2m , BenTodar launch
Fake Influencer Launches
$sean -> hit $500k , SeanKingston says launch is in 24h (no official launch yet)
- Watch out for BhadBhabie & dohertyjackk, both aiming to launch a token
Yu-Gi-Oh Memes
$bwd -> hit $1 .99m, Blue-Eyes White Dragon, good team
$dmg -> hit $770k , Dark Magician Girl
Billy Makes A New ATH
$billy -> $53 .5m to $98m (1.83x)
New Spike Token Dominates The Old One
$spike -> $23 .55m to $47 .5m (2x), good team, rumors that it's the same team as the OG one which got exploited
New Matt Furie Memecoin
$doggs -> hit $19m , 95% bundled
- The dog that kills pepe Matt_Furie
Cat Memes
$loops -> hit $460k
$sleepy -> hit $400k
Roaring Kitty Discloses Owning 6.6% of Chewy
$chwy -> $320k to $10m (31x)
$chwy -> $700k to $8m (11.4x)
More Cooks
$walter -> $1 .53m to $5 .5m (3.59x), AB84 posted a pic of walter and said "dog of the day"
$steve -> $275k to $1 .9m (6.5x)
$sherif -> hit $10m , KOLs onboard, insanely good liquidity to market cap ratio
$glizzy -> hit $4m
$pungu -> hit $2 .7m
$garf -> hit $2 .2m, good website & art
Stay locked in, opportunities are everywhere
New month, new profits 🤝
Interesting day overall, influencers continue to hop on the crypto bandwagon
These influencer coins usually have an initial run-up, but unless the influencer does something unique to keep attention, the coin will die out
Gummy Team Launches A New Token
$baked -> hit $100m , hyped launch, same team as $gummy
Stevewilldoit Launch
$hero -> hit $82m ,
- Steve has been in crypto for years, he's very trusted by fans which explains why his coin reached so high
Sexyy Red Launches a Token
$presi -> hit $13m , "President Red"
- After several weeks of teasing, SexyyRed314_ drops the CA
Mike O'Hearn x Giga
$giga -> $42m to $150m (3.57x),
- Mike was teasing as if he would launch his own coin
- Instead of launching his own token like most of these influencers, he partnered with an already existing one
Influencer Launches
$mommy -> hit $1 .5m, NSFW
$bt -> hit $2m , BenTodar launch
Fake Influencer Launches
$sean -> hit $500k , SeanKingston says launch is in 24h (no official launch yet)
- Watch out for BhadBhabie & dohertyjackk, both aiming to launch a token
Yu-Gi-Oh Memes
$bwd -> hit $1 .99m, Blue-Eyes White Dragon, good team
$dmg -> hit $770k , Dark Magician Girl
Billy Makes A New ATH
$billy -> $53 .5m to $98m (1.83x)
New Spike Token Dominates The Old One
$spike -> $23 .55m to $47 .5m (2x), good team, rumors that it's the same team as the OG one which got exploited
New Matt Furie Memecoin
$doggs -> hit $19m , 95% bundled
- The dog that kills pepe Matt_Furie
Cat Memes
$loops -> hit $460k
$sleepy -> hit $400k
Roaring Kitty Discloses Owning 6.6% of Chewy
$chwy -> $320k to $10m (31x)
$chwy -> $700k to $8m (11.4x)
More Cooks
$walter -> $1 .53m to $5 .5m (3.59x), AB84 posted a pic of walter and said "dog of the day"
$steve -> $275k to $1 .9m (6.5x)
$sherif -> hit $10m , KOLs onboard, insanely good liquidity to market cap ratio
$glizzy -> hit $4m
$pungu -> hit $2 .7m
$garf -> hit $2 .2m, good website & art
Stay locked in, opportunities are everywhere
New month, new profits 🤝
5 months ago
Blast's airdrop is tomorrow
And the stakes couldn't be higher...
Here's what you need to know before tomorrow's drop 👇
It's almost... finally... just about here.
Ethereum’s Blast_L2 has been one of the more innovative protocols when it comes to incentive models for bootstrapping deposits and user activity.
They've been very successful thus far, enabling the network to accumulate over $2B in total value locked (TVL) and become the second-largest L2!
While Blast has transformed into a Goliath among L2s, the imminence of its airdrop – scheduled for tomorrow, June 26 – raises undeniable concerns about the network’s future in the aftermath of this much-anticipated event.
Today, we’re digging into what we know about the airdrop and unpacking the dilemma Blast faces in the post-drop battle to retain existing users and their capital! 👇
What's Happening with Blast?
Many early Blast depositors were shocked when they received a points multiplier instead of liquid tokens at mainnet launched in February, and despite promises to conduct a drop sometime in May, this date was subsequently delayed to June 26 (tomorrow!) for unknown reasons.
Although Blast had not provided complete tokenomics until today, it had committed to setting aside half of the nebulous initial airdrop allocation to recipients of “Points” and the other half to holders of “Gold.”
Further, Blast introduced “Jackpots” to distribute Gold to users; wallets could enter a “deck” of up to eight Blast-native tokens or NFTs into these randomly occurring events to receive Gold if one of their selected items is chosen as the Jackpot winner.
Needless to say, it's been a long, winding road filled with a lot of leaderboards and incentive charades. But now, after all this time, the team finally has to deliver on its airdrop.
$BLAST launches tomorrow at 10AM EST.
Who's Getting Blast's Airdrop?
Blast’s success has primarily hinged on users’ perceptions that interacting with the network will position them to receive lucrative token rewards, making it imperative for Blast to conduct a well-received airdrop to maintain its market dominance.
Although a monster initial airdrop allocation would certainly make users feel valued for their past activities, it would diminish the value of future airdrop incentives and dilute the potency of this airdrop farm. Alternatively, too small of an initial drop risks aggravating users and unraveling the belief that unclear BLAST allocation schemes are worth chasing.
In total, Blast reserved 50% of the total 100B BLAST supply for the community, with 17B of these tokens – roughly one-third of the total community allocation – set to be distributed through the initial, or Phase 1, airdrop.
The top 0.1% of airdrop recipients, about 1k addresses, will have to vest a portion of their airdrop linearly over 6 months and will be subject to minimum monthly Points thresholds based on their Phase 1 activity to fully vest their allocation – a clear effort to keep whales and their capital involved in the network's future.
An additional 8B BLAST subject to a 4-year linear unlock was granted to the recently established Blast Foundation, an organization intended to help the community realize the “Blast Vision,” further details of which are scheduled to be unveiled tomorrow alongside the airdrop.
On the other hand, a successful initial drop would build an outsized aura around the network and likely attract an increased amount of users and capital seeking to farm future incentives to Blast, turbocharging onchain metrics, bolstering the valuation of BLAST, and increasing the attractiveness of this opportunity!
Which future awaits Blast? We'll have a good idea in a few hours!
Written by JackInabinet
And the stakes couldn't be higher...
Here's what you need to know before tomorrow's drop 👇
It's almost... finally... just about here.
Ethereum’s Blast_L2 has been one of the more innovative protocols when it comes to incentive models for bootstrapping deposits and user activity.
They've been very successful thus far, enabling the network to accumulate over $2B in total value locked (TVL) and become the second-largest L2!
While Blast has transformed into a Goliath among L2s, the imminence of its airdrop – scheduled for tomorrow, June 26 – raises undeniable concerns about the network’s future in the aftermath of this much-anticipated event.
Today, we’re digging into what we know about the airdrop and unpacking the dilemma Blast faces in the post-drop battle to retain existing users and their capital! 👇
What's Happening with Blast?
Many early Blast depositors were shocked when they received a points multiplier instead of liquid tokens at mainnet launched in February, and despite promises to conduct a drop sometime in May, this date was subsequently delayed to June 26 (tomorrow!) for unknown reasons.
Although Blast had not provided complete tokenomics until today, it had committed to setting aside half of the nebulous initial airdrop allocation to recipients of “Points” and the other half to holders of “Gold.”
Further, Blast introduced “Jackpots” to distribute Gold to users; wallets could enter a “deck” of up to eight Blast-native tokens or NFTs into these randomly occurring events to receive Gold if one of their selected items is chosen as the Jackpot winner.
Needless to say, it's been a long, winding road filled with a lot of leaderboards and incentive charades. But now, after all this time, the team finally has to deliver on its airdrop.
$BLAST launches tomorrow at 10AM EST.
Who's Getting Blast's Airdrop?
Blast’s success has primarily hinged on users’ perceptions that interacting with the network will position them to receive lucrative token rewards, making it imperative for Blast to conduct a well-received airdrop to maintain its market dominance.
Although a monster initial airdrop allocation would certainly make users feel valued for their past activities, it would diminish the value of future airdrop incentives and dilute the potency of this airdrop farm. Alternatively, too small of an initial drop risks aggravating users and unraveling the belief that unclear BLAST allocation schemes are worth chasing.
In total, Blast reserved 50% of the total 100B BLAST supply for the community, with 17B of these tokens – roughly one-third of the total community allocation – set to be distributed through the initial, or Phase 1, airdrop.
The top 0.1% of airdrop recipients, about 1k addresses, will have to vest a portion of their airdrop linearly over 6 months and will be subject to minimum monthly Points thresholds based on their Phase 1 activity to fully vest their allocation – a clear effort to keep whales and their capital involved in the network's future.
An additional 8B BLAST subject to a 4-year linear unlock was granted to the recently established Blast Foundation, an organization intended to help the community realize the “Blast Vision,” further details of which are scheduled to be unveiled tomorrow alongside the airdrop.
On the other hand, a successful initial drop would build an outsized aura around the network and likely attract an increased amount of users and capital seeking to farm future incentives to Blast, turbocharging onchain metrics, bolstering the valuation of BLAST, and increasing the attractiveness of this opportunity!
Which future awaits Blast? We'll have a good idea in a few hours!
Written by JackInabinet
5 months ago
Daily Memecoin Recap - June 24
DexScreener launches "moonshot", a competitor to pumpfun
First Coins On Moonshot
$first -> hit $5 .2m, first coin to finalize on moonshot
$mc -> hit $1 .8m, "Moon Cat"
$stan -> hit $1 .3m, first cat to finalize on moonshot
$mutt -> hit $969k , first dog on moonshot, second coin to finalize
$herbo -> hit $545k , "first celebrity coin on moonshot", based on gherbo
- The first 2 coins that bonded $first & $mutt had really bad LP's, but the following coins were fine
- Whenever something new launches, people look for the "first" of everything. Be on the lookout for these, that's where all the attention is
Moonshot Launches
$launch -> hit $788k , "Launch Party"
$matrix -> hit $727k , relaunch by the same team of a previous $matrix coin that ran to $4 .3m. "Escape the matrix"
$eagle -> hit $662k , based on dexscreener's logo
$pepe -> hit $627k , pepe on moonshot
$laika -> hit $577k , dog coin
$moon -> hit $456k , based on moonshot from dexscreener
Water Launch
$water -> hit $1b , hyped pre-sale launch
WikiLeaks founder Julian Assange strikes a plea deal
$assange -> hit $913k
Influencer Coins
$jason -> $1 .6m to $13 .3m (8.3x), jasonderulo continues to push
$bobbi -> hit $852k , Sahil posts a screenshot where Bobbi Althoff posts a CA on her ig story
$king -> hit $540k , Sahil hints at an adinross token
More Cooks
$peanie -> $1m to $2 .34m (2.34x), penguin meme
$bag -> $575k to $1 .7m (2.95x), "Ikea Bag"
$korg -> hit $2m , based on elonmusk's tweet, CTO
$micu -> hit $900k , cat meme
$jack -> hit $500k , dog meme
Keep an eye on high mc, major memes ( $boden , $tremp , $michi , etc.) that are looking to make a reversal
Buy when others are fearful, sell when others are greedy
DexScreener launches "moonshot", a competitor to pumpfun
First Coins On Moonshot
$first -> hit $5 .2m, first coin to finalize on moonshot
$mc -> hit $1 .8m, "Moon Cat"
$stan -> hit $1 .3m, first cat to finalize on moonshot
$mutt -> hit $969k , first dog on moonshot, second coin to finalize
$herbo -> hit $545k , "first celebrity coin on moonshot", based on gherbo
- The first 2 coins that bonded $first & $mutt had really bad LP's, but the following coins were fine
- Whenever something new launches, people look for the "first" of everything. Be on the lookout for these, that's where all the attention is
Moonshot Launches
$launch -> hit $788k , "Launch Party"
$matrix -> hit $727k , relaunch by the same team of a previous $matrix coin that ran to $4 .3m. "Escape the matrix"
$eagle -> hit $662k , based on dexscreener's logo
$pepe -> hit $627k , pepe on moonshot
$laika -> hit $577k , dog coin
$moon -> hit $456k , based on moonshot from dexscreener
Water Launch
$water -> hit $1b , hyped pre-sale launch
WikiLeaks founder Julian Assange strikes a plea deal
$assange -> hit $913k
Influencer Coins
$jason -> $1 .6m to $13 .3m (8.3x), jasonderulo continues to push
$bobbi -> hit $852k , Sahil posts a screenshot where Bobbi Althoff posts a CA on her ig story
$king -> hit $540k , Sahil hints at an adinross token
More Cooks
$peanie -> $1m to $2 .34m (2.34x), penguin meme
$bag -> $575k to $1 .7m (2.95x), "Ikea Bag"
$korg -> hit $2m , based on elonmusk's tweet, CTO
$micu -> hit $900k , cat meme
$jack -> hit $500k , dog meme
Keep an eye on high mc, major memes ( $boden , $tremp , $michi , etc.) that are looking to make a reversal
Buy when others are fearful, sell when others are greedy
6 months ago
So DrDisrespect is based as fuck.
He’s a tall jacked handsome bastard that no doubt has women throwing themselves at him (I know how it is).
Some of his opinions upset people and his voice is loud.
“He’s a sexual predator” now?
Sorry… I just don’t fucking believe you.
He’s a tall jacked handsome bastard that no doubt has women throwing themselves at him (I know how it is).
Some of his opinions upset people and his voice is loud.
“He’s a sexual predator” now?
Sorry… I just don’t fucking believe you.
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15 days ago
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