9 days ago
Daily Memecoin Recap - November 25
Decent volume, market's waiting for a clear meta
Peanut's Owner Launch
#justice -> hit $165m
$fmark -> hit $510k , f*ck the owner
- Owner of Peanut launches his own coin, claiming that $pnut and $fred used his story for money
Pump Fun Closes Livestream
$victim -> hit $3 .7m, victims of pump fun
#homeless -> hit $1 .3m, live on street until we hit $50m
- After users are majorly concerned with some of the streams coming out, pump fun closes the feature
TikTok Meta
$dk -> hit $17 .5m, Just A Chill Donkey Fr
$baldi -> hit $3m , Baldi Baldimore
$mew -> hit $1 .9m, mewing snowman
$los -> hit $1 .7m
Bob Takes Over Twitter
$bob -> hit $32 .1m, This is Bob. Copy and paste him
Good Art
$fric -> hit $26 .6m, frog
Artificial Intelligence
$ubc -> hit $10 .4m, Universal Basic Compute
$loria -> hit $4 .9m, new
truth_terminal
More Cooks
$ass -> hit $24m
$sava -> hit $8 .3m,
MartinShkreli replies
$1 -> hit $6 .7m, just buy $1 worth of this coin
$sercy -> hit $5 .6m
$rna -> hit $5 .5m
$na -> hit $5 .1m
$loria -> hit $4 .9m
#tontoba -> hit $4 .5m
$blt -> hit $3 .7m, bltcoin
$bread -> hit $3 .1m
$braz -> hit $3m
$perrot -> hit $2 .7m
$cancer -> hit $2 .5m, f*ck cancer
$alot -> hit $1 .8m, this will be worth alot
$sunny -> hit $1m
$bee -> hit $560k
#santahat -> hit $450k , runescape meme
There's opportunities every day
Did you cook?
Decent volume, market's waiting for a clear meta
Peanut's Owner Launch
#justice -> hit $165m
$fmark -> hit $510k , f*ck the owner
- Owner of Peanut launches his own coin, claiming that $pnut and $fred used his story for money
Pump Fun Closes Livestream
$victim -> hit $3 .7m, victims of pump fun
#homeless -> hit $1 .3m, live on street until we hit $50m
- After users are majorly concerned with some of the streams coming out, pump fun closes the feature
TikTok Meta
$dk -> hit $17 .5m, Just A Chill Donkey Fr
$baldi -> hit $3m , Baldi Baldimore
$mew -> hit $1 .9m, mewing snowman
$los -> hit $1 .7m
Bob Takes Over Twitter
$bob -> hit $32 .1m, This is Bob. Copy and paste him
Good Art
$fric -> hit $26 .6m, frog
Artificial Intelligence
$ubc -> hit $10 .4m, Universal Basic Compute
$loria -> hit $4 .9m, new
truth_terminal
More Cooks
$ass -> hit $24m
$sava -> hit $8 .3m,
MartinShkreli replies
$1 -> hit $6 .7m, just buy $1 worth of this coin
$sercy -> hit $5 .6m
$rna -> hit $5 .5m
$na -> hit $5 .1m
$loria -> hit $4 .9m
#tontoba -> hit $4 .5m
$blt -> hit $3 .7m, bltcoin
$bread -> hit $3 .1m
$braz -> hit $3m
$perrot -> hit $2 .7m
$cancer -> hit $2 .5m, f*ck cancer
$alot -> hit $1 .8m, this will be worth alot
$sunny -> hit $1m
$bee -> hit $560k
#santahat -> hit $450k , runescape meme
There's opportunities every day
Did you cook?
2 months ago
In April 2024 an elderly victim from the US was targeted by Indian call scammers posing as Coinbase support resulting in a large portion of their life savings stolen.
Pleased to share that I helped recover $275K which was recently seized and will be sent back to them.
Theft txn hash
30125031d32a3a2ec9a6963d218bf2494d4392d9444586061a97d84511479346
During my research I found $5M + stolen from other victims of this group which were laundered from Ethereum/Bitcoin to Tron via centralized exchanges before stablecoins were transferred to OTCs.
Pleased to share that I helped recover $275K which was recently seized and will be sent back to them.
Theft txn hash
30125031d32a3a2ec9a6963d218bf2494d4392d9444586061a97d84511479346
During my research I found $5M + stolen from other victims of this group which were laundered from Ethereum/Bitcoin to Tron via centralized exchanges before stablecoins were transferred to OTCs.
2 months ago
🇺🇸 A division of the U.S. Department of Homeland Security focused on cybercrime said it has prevented more than 500 ransomware attacks and seized billions of dollars in cryptocurrency since 2021.
Homeland Security Investigations investigates cybercrime and transnational illicit activities and notifies government agencies, businesses, and other potential victims that an extortion event is imminent.
HSI is said to have prevented 150 ransomware plots between October 2023 and September 30, 2024.
537 intrusions have reportedly been disrupted since its creation in 2021.
HSI has reportedly seized $4 .3 billion in cryptocurrency seizures since 2021, including $180 million last year.
Assets are recovered mainly through crypto exchanges, when hackers are arrested.
"There are definitely groups that we have our eyes on. There are gangs that are active outside of the United States that are continually looking for ways to obtain cryptocurrencies."
Homeland Security Investigations investigates cybercrime and transnational illicit activities and notifies government agencies, businesses, and other potential victims that an extortion event is imminent.
HSI is said to have prevented 150 ransomware plots between October 2023 and September 30, 2024.
537 intrusions have reportedly been disrupted since its creation in 2021.
HSI has reportedly seized $4 .3 billion in cryptocurrency seizures since 2021, including $180 million last year.
Assets are recovered mainly through crypto exchanges, when hackers are arrested.
"There are definitely groups that we have our eyes on. There are gangs that are active outside of the United States that are continually looking for ways to obtain cryptocurrencies."
2 months ago
🇺🇸 Tether announced today that it has helped the U.S. Department of Justice seize more than $6 million in assets linked to an Asia-based scam.
To date, Tether has assisted over 180 authorities in 45 jurisdictions, and has blocked over $1 .8 billion, redistributing over $128 million to its rightful owners.
“Tether is unwavering in its commitment to helping law enforcement agencies around the world put an end to the misuse of cryptocurrency.”
“We stand ready to work with government agencies and provide all the tools necessary to ensure that global bad actors are brought to justice and ultimately, victims are supported.”
To date, Tether has assisted over 180 authorities in 45 jurisdictions, and has blocked over $1 .8 billion, redistributing over $128 million to its rightful owners.
“Tether is unwavering in its commitment to helping law enforcement agencies around the world put an end to the misuse of cryptocurrency.”
“We stand ready to work with government agencies and provide all the tools necessary to ensure that global bad actors are brought to justice and ultimately, victims are supported.”
2 months ago
🇰🇷 South Korea's financial regulator wants to implement life sentences as punishment for crypto scams where the perpetrator causes victims to lose more than $4 million.
Lawmakers said the bill was partly inspired by the actions of South Korean founder Do Kwon, and later the demise of the FTX exchange.
Lawmakers said the bill was partly inspired by the actions of South Korean founder Do Kwon, and later the demise of the FTX exchange.
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
Presenting at Breakpoint 2024, FluxBeam and RugCheck founder Scott Hague unveiled a litany of new product updates to the comprehensive DeFi platform.
Hague shed more light on some new features and promising developments in scam prevention and interception on the Solana network.
DIVING DEEPER INTO FLUXBEAM INFINITY
FluxBeam Infinity introduces a multitude of competitive new features to the decentralized exchange platform. Taking the stage at Breakpoint 2024, Hague highlighted the key tools that promise to improve the terminal’s user experience, including improved speed, unified data aggregation, and advanced limit orders.
In addition to these features, FluxBeam Infinity will also implement complex automated trading tools. Users will be able to design customizable trading algorithms, drawing from both onchain and offchain events.
“Obviously, the automation is our big key thing this year, whereby we really want to allow users to come in and trade on any news, whether that's on-chain, off-chain, even the weather if you want to, but be able to take that data, make actionable insight from it and then trade automatically on-chain. Similar to algo trading in TradFi.”
As part of the new data aggregation, Fluxbeam is also implementing sentiment analysis. This essential tool helps traders accurately gauge market sentiment surrounding certain assets by tracking discussion through various forms of media.
With over a decade of experience in AI, Hague is well-equipped to ensure that Fluxbeam’s sentiment analysis won’t fall victim to artificial commentary. When asked what countermeasures Fluxbeam’s sentiment has taken to combat false commentary, Hague asserted:
“We run essentially a scoring system similar to RugCheck on every single account and say, okay, well, this is a high likelihood of being a bot or this is a high likelihood of being an influencer. Influencers obviously can't, they can to an extent fake their following base, but they can't really fake their engagement over a long period of time.”
While suggesting that analyzing social media commentary is a relatively simple affair, Hague concedes that tracking sentiment from news sites is more nuanced. Fluxbeam combats this by only pulling sentiment data from reputable sources, a strategy Hague admits “comes with its own bias”.
NEW $FLUXB DEFLATIONARY MECHANICS
The rollout of Fluxbeam Infinity is expected to coincide with new token mechanics that aim to provide value to $FLUXB , the platform’s native asset.
Fluxbeam Infinity will implement a new buyback-and-burn algorithm. The mechanism introduces a fee split to Fluxbeam Infinity’s powerful new features, with 50% of accrued platform fees being used to buy $FLUXB off the market and permanently remove tokens from circulation.
“With our new products of both the advanced limit orders and automation, all of that is actually going to have a fee split on it where we start to burn down $FLUXB . Every time there's a trade or something like that, we take a small fee, split 50-50, and then that $FLUXB will slowly start to burn down just so we can get the supply down and really start to reward our long-term holders.”
In addition to the new burn feature, Hague confirmed that Fluxbeam intends to launch a Season 2 incentives program to reward platform users.
RUGCHECK ENGAGES EXCHANGES TO INTERCEPT ONCHAIN SCAMMERS
Alongside FluxBeam, Hague has also spearheaded the development and growth of RugCheck, one of Solana’s most popular security tools. Over the past year, Solana traders have generated over 100M token reports via RugCheck, trusting the protocol’s analysis to gauge the safety of onchain assets.
Over the course of the last year, RugCheck has built up a significant database of scammer wallets and their associated CEX accounts and off-ramping pathways. Scammers often use CEX accounts to launder and obfuscate funds.
Hague shed more light on some new features and promising developments in scam prevention and interception on the Solana network.
DIVING DEEPER INTO FLUXBEAM INFINITY
FluxBeam Infinity introduces a multitude of competitive new features to the decentralized exchange platform. Taking the stage at Breakpoint 2024, Hague highlighted the key tools that promise to improve the terminal’s user experience, including improved speed, unified data aggregation, and advanced limit orders.
In addition to these features, FluxBeam Infinity will also implement complex automated trading tools. Users will be able to design customizable trading algorithms, drawing from both onchain and offchain events.
“Obviously, the automation is our big key thing this year, whereby we really want to allow users to come in and trade on any news, whether that's on-chain, off-chain, even the weather if you want to, but be able to take that data, make actionable insight from it and then trade automatically on-chain. Similar to algo trading in TradFi.”
As part of the new data aggregation, Fluxbeam is also implementing sentiment analysis. This essential tool helps traders accurately gauge market sentiment surrounding certain assets by tracking discussion through various forms of media.
With over a decade of experience in AI, Hague is well-equipped to ensure that Fluxbeam’s sentiment analysis won’t fall victim to artificial commentary. When asked what countermeasures Fluxbeam’s sentiment has taken to combat false commentary, Hague asserted:
“We run essentially a scoring system similar to RugCheck on every single account and say, okay, well, this is a high likelihood of being a bot or this is a high likelihood of being an influencer. Influencers obviously can't, they can to an extent fake their following base, but they can't really fake their engagement over a long period of time.”
While suggesting that analyzing social media commentary is a relatively simple affair, Hague concedes that tracking sentiment from news sites is more nuanced. Fluxbeam combats this by only pulling sentiment data from reputable sources, a strategy Hague admits “comes with its own bias”.
NEW $FLUXB DEFLATIONARY MECHANICS
The rollout of Fluxbeam Infinity is expected to coincide with new token mechanics that aim to provide value to $FLUXB , the platform’s native asset.
Fluxbeam Infinity will implement a new buyback-and-burn algorithm. The mechanism introduces a fee split to Fluxbeam Infinity’s powerful new features, with 50% of accrued platform fees being used to buy $FLUXB off the market and permanently remove tokens from circulation.
“With our new products of both the advanced limit orders and automation, all of that is actually going to have a fee split on it where we start to burn down $FLUXB . Every time there's a trade or something like that, we take a small fee, split 50-50, and then that $FLUXB will slowly start to burn down just so we can get the supply down and really start to reward our long-term holders.”
In addition to the new burn feature, Hague confirmed that Fluxbeam intends to launch a Season 2 incentives program to reward platform users.
RUGCHECK ENGAGES EXCHANGES TO INTERCEPT ONCHAIN SCAMMERS
Alongside FluxBeam, Hague has also spearheaded the development and growth of RugCheck, one of Solana’s most popular security tools. Over the past year, Solana traders have generated over 100M token reports via RugCheck, trusting the protocol’s analysis to gauge the safety of onchain assets.
Over the course of the last year, RugCheck has built up a significant database of scammer wallets and their associated CEX accounts and off-ramping pathways. Scammers often use CEX accounts to launder and obfuscate funds.
3 months ago
⚖️ SEC Sues 3 Individuals and 5 Companies for Pig Butchering Scam
These are the SEC's first steps toward this type of crypto scam.
Pig butchering is a type of trust-based investment scam in which fraudsters befriend victims on social media or dating apps, gain their trust, and convince them to invest large amounts of money in fictitious crypto platforms before stealing their funds and disappearing.
https://www.coindesk.com/p.../
These are the SEC's first steps toward this type of crypto scam.
Pig butchering is a type of trust-based investment scam in which fraudsters befriend victims on social media or dating apps, gain their trust, and convince them to invest large amounts of money in fictitious crypto platforms before stealing their funds and disappearing.
https://www.coindesk.com/p.../
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
The enforcement actions are the first from the SEC alleging this type of crypto scam.
https://www.coindesk.com/policy/2024/09/17/sec-charges-3-individuals-5-companies-with-operating-pig-butchering-scams/
3 months ago
❌️ More than 600 bitcoin ATMs have been taken offline worldwide in 2 months.
Authorities are searching for and shutting down crypto ATMs that are frequently involved in extortion and scams.
According to data from Coin ATM Radar, the global Bitcoin ATM network lost 435 and 182 machines in July and August.
Losses from ATM scams exceeded $110 million in 2023.
These scams typically involve fraudsters persuading victims to transfer their funds using Bitcoin ATMs under deceptive or fraudulent promises.
Authorities are searching for and shutting down crypto ATMs that are frequently involved in extortion and scams.
According to data from Coin ATM Radar, the global Bitcoin ATM network lost 435 and 182 machines in July and August.
Losses from ATM scams exceeded $110 million in 2023.
These scams typically involve fraudsters persuading victims to transfer their funds using Bitcoin ATMs under deceptive or fraudulent promises.
4 months ago
Seven hours ago a suspicious transfer was made from a potential victim for 4064 BTC ($238M)
Transaction hash
4b277ba298830ea538086114803b9487558bb093b5083e383e94db687fbe9090
Funds were quickly transferred to ThorChain, eXch, Kucoin, ChangeNow, Railgun, Avalanche Bridge.
Transaction hash
4b277ba298830ea538086114803b9487558bb093b5083e383e94db687fbe9090
Funds were quickly transferred to ThorChain, eXch, Kucoin, ChangeNow, Railgun, Avalanche Bridge.
4 months ago
❌ According to @zachxbt , a suspicious transfer was made by a potential victim for 4,064 BTC, or $238 million.
Funds were quickly transferred to ThorChain, eXch, Kucoin, ChangeNow, Railgun, Avalanche Bridge
https://x.com/zachxbt/stat...
Funds were quickly transferred to ThorChain, eXch, Kucoin, ChangeNow, Railgun, Avalanche Bridge
https://x.com/zachxbt/stat...
4 months ago
July 19th’s devastating IT outage left hundreds of businesses across the world scrambling to provide basic services. A software bug that was prematurely pushed to production wrought havoc across the globe, temporarily shutting down banks, airlines, and essential services.
Cryptocurrency may not have been a solution to this particular problem, but the event still exposed the vulnerabilities and flaws of our reliance on centralized infrastructure.
What makes DePINs more resilient than centralized alternatives and why is Solana so well-equipped to support decentralized infrastructure?
SECURITY THROUGH DECENTRALIZATION
One of the fundamental staples of the cryptocurrency industry, decentralization is key to avoiding singular points of failure. Drawing resources and infrastructure from distributed sources makes any entity vastly more robust.
Despite detractors arguing that the network is dangerously centralized, Solana has proven its critics wrong, establishing itself as one of the industry’s most decentralized blockchains. A common and admittedly simplified measure of network decentralization, Solana boasts a Nakamoto Coefficient that surpasses the bulk of its rivals.
However, where Solana gains its edge is through the development of alternative validator clients. Barring Ethereum, most Layer One blockchains rely on one sole validator client. Ironically, if a software bug was pushed to production, as was the case with the CrowdStrike outage, these blockchains could also fall victim to a complete network outage.
On the other hand, Solana is on track to eliminate this vulnerability. The network currently hosts two independent validator clients. Solana’s network resilience will go to new heights with the deployment of Jump Crypto’s Firedancer client, which completely rewrites the network into a different programming language from scratch, eliminating the risk of one bug affecting various clients.
Not only is Solana becoming more decentralized by the day, but the network’s thriving DePIN sector is witnessing unrivaled adoption.
SOLANA LEADS REAL WORLD DePIN ADOPTION
Crypto’s DePIN sector is vague. Despite deploying zero infrastructure and offering no proof-of-concept, hundreds of different projects are categorized as DePIN protocols by various blockchain data sites.
For example, CoinMarketCap’s DePIN category features over 140 different DePIN projects but includes Layer 1 blockchains like Internet Computer (ICP). DePinScan, a research tool operated by IoTeX, lists 262 DePin cryptocurrency projects. Other resources, like EV3’s depin.ninja platform, suggests over 300 DePIN protocols are being built on Ethereum alone.
With such ambiguity surrounding what defines a DePIN network, how can we track the manner in which DePINs are actually being deployed and used?
Physical Infrastructure. Among hundreds of supposed DePIN projects, which protocols can individuals see first-hand through real-world devices or Proof-of-Concept?
According to EV3, Solana-based projects dominate their competitors in terms of active node deployments, with projects like Helium, Hivemapper, and Natix each operating hundreds of thousands of devices.
Courtesy of its unmatched scalability and performance, the Solana network is a natural choice for businesses looking to deploy DePINs. In the current blockchain landscape, no other blockchain is adequately equipped to support the data transmission of hundreds of thousands of devices without suffering debilitating latency issues and gas spikes.
Additionally, Solana benefits from the widespread use of mobile devices. Solana Saga, the network’s Web 3 phone, sold out following a collaboration with BONK and the second iteration has been preordered over 140,000 times.
With the future of the internet expected to be driven by mobile-first usage, the Solana network is ideally placed to establish itself as the leading chain for DePIN protocols.
Cryptocurrency may not have been a solution to this particular problem, but the event still exposed the vulnerabilities and flaws of our reliance on centralized infrastructure.
What makes DePINs more resilient than centralized alternatives and why is Solana so well-equipped to support decentralized infrastructure?
SECURITY THROUGH DECENTRALIZATION
One of the fundamental staples of the cryptocurrency industry, decentralization is key to avoiding singular points of failure. Drawing resources and infrastructure from distributed sources makes any entity vastly more robust.
Despite detractors arguing that the network is dangerously centralized, Solana has proven its critics wrong, establishing itself as one of the industry’s most decentralized blockchains. A common and admittedly simplified measure of network decentralization, Solana boasts a Nakamoto Coefficient that surpasses the bulk of its rivals.
However, where Solana gains its edge is through the development of alternative validator clients. Barring Ethereum, most Layer One blockchains rely on one sole validator client. Ironically, if a software bug was pushed to production, as was the case with the CrowdStrike outage, these blockchains could also fall victim to a complete network outage.
On the other hand, Solana is on track to eliminate this vulnerability. The network currently hosts two independent validator clients. Solana’s network resilience will go to new heights with the deployment of Jump Crypto’s Firedancer client, which completely rewrites the network into a different programming language from scratch, eliminating the risk of one bug affecting various clients.
Not only is Solana becoming more decentralized by the day, but the network’s thriving DePIN sector is witnessing unrivaled adoption.
SOLANA LEADS REAL WORLD DePIN ADOPTION
Crypto’s DePIN sector is vague. Despite deploying zero infrastructure and offering no proof-of-concept, hundreds of different projects are categorized as DePIN protocols by various blockchain data sites.
For example, CoinMarketCap’s DePIN category features over 140 different DePIN projects but includes Layer 1 blockchains like Internet Computer (ICP). DePinScan, a research tool operated by IoTeX, lists 262 DePin cryptocurrency projects. Other resources, like EV3’s depin.ninja platform, suggests over 300 DePIN protocols are being built on Ethereum alone.
With such ambiguity surrounding what defines a DePIN network, how can we track the manner in which DePINs are actually being deployed and used?
Physical Infrastructure. Among hundreds of supposed DePIN projects, which protocols can individuals see first-hand through real-world devices or Proof-of-Concept?
According to EV3, Solana-based projects dominate their competitors in terms of active node deployments, with projects like Helium, Hivemapper, and Natix each operating hundreds of thousands of devices.
Courtesy of its unmatched scalability and performance, the Solana network is a natural choice for businesses looking to deploy DePINs. In the current blockchain landscape, no other blockchain is adequately equipped to support the data transmission of hundreds of thousands of devices without suffering debilitating latency issues and gas spikes.
Additionally, Solana benefits from the widespread use of mobile devices. Solana Saga, the network’s Web 3 phone, sold out following a collaboration with BONK and the second iteration has been preordered over 140,000 times.
With the future of the internet expected to be driven by mobile-first usage, the Solana network is ideally placed to establish itself as the leading chain for DePIN protocols.
4 months ago
AMERICA AND BITCOIN
A historical speech. Here is Donald Trump's full speech at the Bitcoin Conference with timestamps and transcript.
TIMESTAMPS
1:36 - Shoutouts to David Bailey, Winklevosses, Michael Saylor, Cathie Wood, Ron Paul and Rand Paul, Vivek, and the victims of the July 13 assassination attempt.
7:00 - How Bitcoin rose from an idea on an anonymous message board to the 9th most valuable asset in the world.
10:00 - America is a nation in decline, and we cannot let China dominate Bitcoin. The US must lead in tech, science, manufacturing, AI, space, and power generation.
14:50 - Bitcoin will be mined, minted, and made in the USA. If it goes to the moon, it'll get there from America.
16:20 - How the Biden/Harris administration has waged war on crypto for the last three and a half years, by choking off banking support.
22:00 - The Biden/Harris administration is against Bitcoin, because it stands for freedom, sovereignty, and independence from government coercion and control.
25:00 - The day Trump takes the oath of office, Joe Biden, Kamala Harris, and Elizabeth Warren's anti-crypto crusade will be done. He will fire Gary Gensler on day one!
27:57 - Trump commits to immediately shutting down Operation Chokepoint 2.0, and creating a Bitcoin and Crypto Presidential Advisory Council. In 100 days, fair rules written by people who want crypto to thrive.
29:28 - There will never be a CBDC. And he will defend the right to self-custody, freedom of transaction, freedom of association, and freedom of speech.
30:25 - He'll support USD stablecoins and global savings in Bitcoin. And he recognizes that the behavior of the current US government is the threat to the dollar, not Bitcoin.
35:30 - Biden/Harris has presided over the biggest inflation in the history of America.
38:30 - Inflation destroyed Weimar Germany. Bitcoiners understood inflation better than anyone else. Inflation is stealth taxation, a national disgrace.
43:30 - Make the US the lowest cost energy producer in the world, given its natural resources, and turn it into a Bitcoin mining powerhouse. Americans will not need to move to China.
44:20 - The US government has violated the cardinal rule: never sell your Bitcoin. He will stop the US government from selling its Bitcoin. This will serve as the core of the strategic national Bitcoin stockpile.
46:00 - He will commute the life sentence of Ross Ulbricht to time served.
46:26 - He commits to becoming the pro-innovation, pro-Bitcoin, and pro-tech president that America deserves. And will make America and Bitcoin stronger, richer, freer, and greater than ever before.
A historical speech. Here is Donald Trump's full speech at the Bitcoin Conference with timestamps and transcript.
TIMESTAMPS
1:36 - Shoutouts to David Bailey, Winklevosses, Michael Saylor, Cathie Wood, Ron Paul and Rand Paul, Vivek, and the victims of the July 13 assassination attempt.
7:00 - How Bitcoin rose from an idea on an anonymous message board to the 9th most valuable asset in the world.
10:00 - America is a nation in decline, and we cannot let China dominate Bitcoin. The US must lead in tech, science, manufacturing, AI, space, and power generation.
14:50 - Bitcoin will be mined, minted, and made in the USA. If it goes to the moon, it'll get there from America.
16:20 - How the Biden/Harris administration has waged war on crypto for the last three and a half years, by choking off banking support.
22:00 - The Biden/Harris administration is against Bitcoin, because it stands for freedom, sovereignty, and independence from government coercion and control.
25:00 - The day Trump takes the oath of office, Joe Biden, Kamala Harris, and Elizabeth Warren's anti-crypto crusade will be done. He will fire Gary Gensler on day one!
27:57 - Trump commits to immediately shutting down Operation Chokepoint 2.0, and creating a Bitcoin and Crypto Presidential Advisory Council. In 100 days, fair rules written by people who want crypto to thrive.
29:28 - There will never be a CBDC. And he will defend the right to self-custody, freedom of transaction, freedom of association, and freedom of speech.
30:25 - He'll support USD stablecoins and global savings in Bitcoin. And he recognizes that the behavior of the current US government is the threat to the dollar, not Bitcoin.
35:30 - Biden/Harris has presided over the biggest inflation in the history of America.
38:30 - Inflation destroyed Weimar Germany. Bitcoiners understood inflation better than anyone else. Inflation is stealth taxation, a national disgrace.
43:30 - Make the US the lowest cost energy producer in the world, given its natural resources, and turn it into a Bitcoin mining powerhouse. Americans will not need to move to China.
44:20 - The US government has violated the cardinal rule: never sell your Bitcoin. He will stop the US government from selling its Bitcoin. This will serve as the core of the strategic national Bitcoin stockpile.
46:00 - He will commute the life sentence of Ross Ulbricht to time served.
46:26 - He commits to becoming the pro-innovation, pro-Bitcoin, and pro-tech president that America deserves. And will make America and Bitcoin stronger, richer, freer, and greater than ever before.
4 months ago
Breaking new all-time highs in TVL every month this year, Solana LSTs (Liquid Staking Tokens) have established themselves as one of the fundamental pillars of the ecosystem.
Yet, despite its growing popularity and the wealth of benefits, only 6.4% of all staked SOL is liquid staked, suggesting plenty of Solana users still have some lingering questions about LSTs.
What is liquid staking on Solana? How do Solana LSTs work and why should Solana users consider leveraging LSTs to optimize their DeFi strategies?
With one of Solana's longest-standing protocols launching liquid staking services, there's never been a better time to refresh your knowledge.
What is Liquid Staking MEV?
MEV, or Maximum Extractable Value, is an umbrella term that covers a range of profit-generation strategies and arbitrage opportunities that occur within block production.
For example, by rearranging the order of transactions within a processing queue, MEV tools can profit from mismatched prices in liquidity pools across different DEXes. Some Liquid Staking providers, like Jito, eliminate MEV spam transactions and pass these rewards on to stakers, effectively boosting their staking rewards.
To date, Jito has captured over 31,000 SOL in MEV fees, sharing a percentage of these fees with over 100,000 active accounts who liquid stake their SOL tokens through the Jito protocol.
What are the Benefits of Liquid Staking?
Liquid staking has become a key component of Solana’s DeFi landscape, and for good reason. Here’s why:
1. Earn staking rewards without locking SOL - Solana LSTs make it possible to continue earning generous staking rewards, without losing immediate access to your staked assets.
2. Expanded liquidity and DeFi strategies - Users can leverage their LSTs to capitalize on DeFi yield generation strategies, while still earning staking rewards.
3. Contribute to Solana’s security and decentralization - By liquid staking SOL tokens, users help to further decentralize and secure the Solana network by delegating SOL across a variety of validators.
What are the risks of liquid Staking?
While there are plenty of reasons to use liquid staking on Solana, it’s not without its flaws. Some of the risks associated with Solana LSTs include:
Smart contract risk - LST protocols rely on smart contracts to operate. If any of these contracts is exploited by a malicious actor, stakers could be a
risk of losing their funds.
LST price depeg - Despite typically maintaining their pegged value, LST tokens on other blockchains have fallen victim to temporary price depegs in the past. This could be problematic during black swan events or periods of market turmoil.
Where Can I Liquid Stake my SOL Tokens?
Now that you’ve got a better understanding of how liquid staking on Solana works, let’s recap some of the most reliable and trustworthy liquid staking providers in the market
ANNOUNCING STEPSOL - POWERED BY STEP FINANCE & SANCTUM
STEPSOL
Entering Solana's flourishing LST landscape for the first time, Step Finance is one of the oldest Solana applications in the ecosystem. Doubling as an intuitive portfolio dashboard and a comprehensive DeFi and NFT analytics platform, Step recently expanded its extensive product offering to include its LST, stepSOL.
On top of earning generous APY, stepSOL holders are also eligible to earn additional STEP Reward Options, which are claimable every five days via the Step Finance dashboard. Stakers who've already delegated their SOL to the Step Validator can head to Sanctum's Stake Accounts page and convert their stake account to stepSOL.
What's more, Step Finance has partnered with Meteora and will be offering incentivized rewards through the following pools:
•STEP/stepSOL
•xSTEP/stepSOL
•stepSOL/edgeSOL
Yet, despite its growing popularity and the wealth of benefits, only 6.4% of all staked SOL is liquid staked, suggesting plenty of Solana users still have some lingering questions about LSTs.
What is liquid staking on Solana? How do Solana LSTs work and why should Solana users consider leveraging LSTs to optimize their DeFi strategies?
With one of Solana's longest-standing protocols launching liquid staking services, there's never been a better time to refresh your knowledge.
What is Liquid Staking MEV?
MEV, or Maximum Extractable Value, is an umbrella term that covers a range of profit-generation strategies and arbitrage opportunities that occur within block production.
For example, by rearranging the order of transactions within a processing queue, MEV tools can profit from mismatched prices in liquidity pools across different DEXes. Some Liquid Staking providers, like Jito, eliminate MEV spam transactions and pass these rewards on to stakers, effectively boosting their staking rewards.
To date, Jito has captured over 31,000 SOL in MEV fees, sharing a percentage of these fees with over 100,000 active accounts who liquid stake their SOL tokens through the Jito protocol.
What are the Benefits of Liquid Staking?
Liquid staking has become a key component of Solana’s DeFi landscape, and for good reason. Here’s why:
1. Earn staking rewards without locking SOL - Solana LSTs make it possible to continue earning generous staking rewards, without losing immediate access to your staked assets.
2. Expanded liquidity and DeFi strategies - Users can leverage their LSTs to capitalize on DeFi yield generation strategies, while still earning staking rewards.
3. Contribute to Solana’s security and decentralization - By liquid staking SOL tokens, users help to further decentralize and secure the Solana network by delegating SOL across a variety of validators.
What are the risks of liquid Staking?
While there are plenty of reasons to use liquid staking on Solana, it’s not without its flaws. Some of the risks associated with Solana LSTs include:
Smart contract risk - LST protocols rely on smart contracts to operate. If any of these contracts is exploited by a malicious actor, stakers could be a
risk of losing their funds.
LST price depeg - Despite typically maintaining their pegged value, LST tokens on other blockchains have fallen victim to temporary price depegs in the past. This could be problematic during black swan events or periods of market turmoil.
Where Can I Liquid Stake my SOL Tokens?
Now that you’ve got a better understanding of how liquid staking on Solana works, let’s recap some of the most reliable and trustworthy liquid staking providers in the market
ANNOUNCING STEPSOL - POWERED BY STEP FINANCE & SANCTUM
STEPSOL
Entering Solana's flourishing LST landscape for the first time, Step Finance is one of the oldest Solana applications in the ecosystem. Doubling as an intuitive portfolio dashboard and a comprehensive DeFi and NFT analytics platform, Step recently expanded its extensive product offering to include its LST, stepSOL.
On top of earning generous APY, stepSOL holders are also eligible to earn additional STEP Reward Options, which are claimable every five days via the Step Finance dashboard. Stakers who've already delegated their SOL to the Step Validator can head to Sanctum's Stake Accounts page and convert their stake account to stepSOL.
What's more, Step Finance has partnered with Meteora and will be offering incentivized rewards through the following pools:
•STEP/stepSOL
•xSTEP/stepSOL
•stepSOL/edgeSOL
5 months ago
❌ When scammers get scammed.
Hacker group Pink Drainer loses 10 ETH due to address poisoning attack.
Address poisoning encourages people to intentionally send funds to a fraudulent address.
The trick involves scammers sending a small amount of digital assets to a wallet that closely resembles the potential victim's address, in order to include it in the wallet's transaction history, hoping that the victim will accidentally copy and send funds to their address.
According to data from Dune Analytics, Pink Drainer stole over $85 million worth of crypto in the span of a year.
https://cointelegraph.com/...
Hacker group Pink Drainer loses 10 ETH due to address poisoning attack.
Address poisoning encourages people to intentionally send funds to a fraudulent address.
The trick involves scammers sending a small amount of digital assets to a wallet that closely resembles the potential victim's address, in order to include it in the wallet's transaction history, hoping that the victim will accidentally copy and send funds to their address.
According to data from Dune Analytics, Pink Drainer stole over $85 million worth of crypto in the span of a year.
https://cointelegraph.com/...
5 months ago
As an update I am pleased to share that Robert Robb aka
pokerbrat2019
just plead guilty on Friday for his MEV bot investment fraud scheme and now faces up to 20 years in prison.
In December 2023 I made a post detailing 11+ investors who were victimized and revealed his criminal background.
It was discovered he spent the investors funds on professional sports tickets, expensive cars, and lavish trips right after receiving funds in his Coinbase account.
pokerbrat2019
just plead guilty on Friday for his MEV bot investment fraud scheme and now faces up to 20 years in prison.
In December 2023 I made a post detailing 11+ investors who were victimized and revealed his criminal background.
It was discovered he spent the investors funds on professional sports tickets, expensive cars, and lavish trips right after receiving funds in his Coinbase account.
Sponsored by
Kitten Haimer
15 days ago
Kitten Haimer
Discover the World of Kitten Haimer
