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#defi #STX 🚨 Bitcoin DeFi Platform Alex Protocol Hit by $8.3M Exploit on Stacks Blockchain 😱 On June 6, Alex Protocol, a Bitcoin DeFi platform on Stacks, lost $8.3M due to a vulnerability in its self-listing verification logic. Hackers drained 8.4M $STX , 21.85 sBTC, 149,850 USDC/USDT, & 2.8 WBTC—one of the biggest exploits in Stacks history! 💸 Alex Lab Foundation vows to fully reimburse affected users using treasury reserves, with USDC payouts based on June 6 exchange rates. Impacted wallets will receive claim forms by June 8, with a June 10 deadline. Payments expected within 7 days. 📩 This follows a $4.3M hack in May 2024, likely tied to North Korea's Lazarus group. A post-mortem report is coming. Stay safe out there! 🔒
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#LONG✅ #SHORT📉 ‼️ Adds optimism‼️
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#JPMorgan #volatility 🚀 JPMorgan's Mid-Year Outlook: S&P 500 to Hit New Highs Despite Volatility! 📈 JPMorgan predicts choppy markets due to Trump's tariff policies, which could pressure economic growth & corporate profits. But the bank remains bullish, expecting investor-friendly policies like lower interest rates, cheaper energy, & less regulation to fuel the S&P 500's long-term bull run. 🐂 💻Tech stocks are set to lead the charge, with strong earnings, attractive valuations, & AI innovation driving a “second wind.” The Magnificent 7 trade at 26x forward P/E but are at their lowest relative valuations in a decade. Plus, semiconductors dodge tariffs for now! ⚠️ CEO Jamie Dimon warns of "extraordinary optimism" after the S&P's 22% rally, noting risks of inflation, stagflation, & global backlash from tariffs. Buckle up for a wild ride, but the bank sees new highs by mid-2025! 📊
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#blockchain #zilliqa Investing in Zilliqa ($ZIL ):Everything you need to know! Zilliqa (ZIL) is an innovative blockchain that impresses with its performance thanks to its unique sharding technology. As the first public blockchain with this integration, ZIL offers almost linear scaling, capable of processing thousands of transactions per second. It is a solution to the scalability problems faced by many networks, including the high energy consumption of traditional blockchains like Bitcoin. 🌟 Why is Zilliqa attractive? • Speed and scalability: By dividing the network into smaller groups (shards), transactions are confirmed faster. • Energy efficiency: Using the PBFT mechanism instead of the energy-intensive PoW reduces costs. • Low fees: Ideal for microtransactions and everyday use. • Security: The network has never been hacked thanks to its distributed structure. • Decentralization: No central control, which ensures censorship resistance. 💻 Technical features: Zilliqa supports the development of Dapps thanks to the Scilla language, a more secure alternative for smart contracts. Staking with an annual interest rate of 6%+ is also available through the Zillion portal platform. The native cryptocurrency ZIL is used for transactions, miner rewards, and contract execution. ⚠️ Warning: Trading cryptocurrencies is risky. Only invest what you are willing to lose. Zilliqa is actively developing, and with the emergence of new Dapps, it can become a serious competitor to Ethereum. Are you ready to expand your portfolio? Share your thoughts in the comments!
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#TRUMP 🚨BREAKING: TRUMP SAYS HE'S SELECTED A NEW FED CHAIR — ANNOUNCEMENT COMING "VERY SOON"!
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