On May 22, a transfer of about 5,000 POL tokens (worth around $600,000) was seen from Polymarket’s admin address.
Polymarket officially stated that this was not a smart contract weakness, and user funds and market resolution were not affected. Transfers have been temporarily paused.
The main issue was a leaked private key from an internal funding wallet. This shows that platforms need better internal private key management and security controls.
Valuing a crypto token is very different from valuing a company like Apple or Google. Tokenomics looks at supply and demand, including max supply, circulating supply, and whether the token is inflationary or deflationary. You can check if people are really using the network by looking at active addresses on block explorers like Etherscan or Solscan. Fully Diluted Valuation (FDV) shows what the market cap would be if all tokens were in circulation. If FDV is much higher than the current market cap, be careful. Many meme coins go up not because of strong fundamentals, but because of social hype. It is important to separate your investment portfolio from your speculation budget.
Total credit card debt in the United States has risen to 1.33 trillion dollars, setting a new all‑time high.
Because of high prices and rising living costs, Americans are relying more on credit cards for daily expenses.
The average household credit card debt is now over 11,000 dollars, and with high interest rates, the number of people struggling to pay back debt is at its highest level since 2011.
Because of the blockage in the Hormuz Strait, not only oil prices but also fertilizer production has been affected. As a result, potato prices in Europe, which is a basic food item, have jumped dramatically. In the European potato market, the price went from 2.5 euros per 100 kilos to 18.5 euros per 100 kilos. That is nearly a ten‑fold increase – a record high. #europe #potatoes
Current Post-Quantum Cryptography (PQC) systems are mathematically complex. But with AI advancing so quickly, it may find their weaknesses before humans even know they exist.
According to Anatoly Yakovenko, Ethereum’s Layer 2 scaling solutions are not ready for quantum-safe security. He warned that they are the most likely to be attacked in the future.
To keep your assets safe, he suggested: (1) using 2/3 multi-signature wallets like Fuse Wallet, and (2) adding native support through Program-Derived Addresses (PDA) in transaction processors.
In the crypto world, "Short Squeeze" often feels like a movie script. RAVE token from RaveDAO jumped as much as 4,500% in the blink of an eye. Later, major exchanges like Binance and Bitget had to step in to investigate. The token had set a record by rising 10,000% within days, then crashed nearly 95% from its peak price of $28.90 down to $1.24. What is truly shocking is that almost 90% of RAVE token supply was held in just three Gnosis Safe wallets. According to ZachXBT's report, a group of insiders controlled most of the RAVE supply and artificially pushed the price up to force short sellers into losses. Having 76% to 90% of the market supply controlled by insiders is a clear sign of a bad structure and high risk. Because of this structure, insiders could manipulate the price as they wished, and regular traders fell into the trap like puppets. Hours before the price pumped, 18.58 million RAVE tokens were moved to Bitget exchange. This shows that the event was not an accident but a planned setup. When the price went up, short sellers got liquidated and started to panic. This panic caused more buying, which pushed the price even higher. That is a classic example of a "Short Squeeze." Later, forced selling caused the price to drop sharply, and in just one day, $43.68 million worth of positions disappeared. The price dropped nearly 98% from its peak, and within two days, $6.7 billion in value vanished. Binance CEO Richard Teng and Bitget CEO Gracy Chen have both confirmed that they are officially investigating this type of market manipulation. Leverage trading is like walking on a tightrope. When the price goes up, you can make huge profits, but when it drops, it causes panic selling. The main things that control the crypto market are risk and liquidity. Traders need to stay calm and make decisions between bad news and their own emotions. There are important lessons to learn from this event. First, be careful when a price jumps too high without a good reason. Always check the structure, vision, and mission of the team behind a coin or token. Usually, insiders move a large amount of tokens to an exchange hours before a price pump. Normal people can also track this data. Data does not speak, but it can prove things. If you suddenly see a large amount of tokens entering an exchange, you should suspect that insiders are preparing for a price move. In short, the RAVE incident warns us that trading poorly structured tokens or projects with concentrated supply with your eyes closed can empty your wallet like pouring water away. Jack #RaveToken #ShortSqueeze #BinanceSquare #RiskManagement #MarketManipulation _______________________________
During Trump's term, Ripple saw a lot of growth and many partnerships in 2025. Because of that, many people believed XRP was a cryptocurrency with good development that could rise in price. XRP coin is a digital currency created by Ripple Labs. Its main goal is to make cross-border payments faster and reduce transaction fees. XRP has a total supply of 100 billion coins. Every time a transaction happens, a small amount of XRP is burned. This helps reduce inflation risk and gives XRP the potential to increase in value. Ripple is truly shaking up the financial industry. That is why more and more financial institutions are using XRP for cross-border payments. Bank of America's cross-border payment system uses Ripple's technology. Standard Chartered Bank also uses Ripple for its international money transfer services. In Thailand, Siam Commercial Bank (SCB) uses RippleNet for local and global money transfers. Tokenized assets on XRPL grew from $116 million in April 2025 to $470 million in April 2026. This shows that institutions and agencies have trust in Ripple. According to a CoinShares report, $119 million flowed into XRP funds. This clearly proves investor interest. About 80% of banks in Japan use Ripple's technology. From Thailand to the UAE to the US, hundreds of banks use Ripple partnerships and technology. Because of these partnerships, Ripple Labs became well‑known, and XRP is seen as a cryptocurrency with good potential. XRP's main competitor is not Bitcoin or Ethereum. It is the SWIFT system, which is used for money flow between banks worldwide. For payments, Ripple has also announced plans to launch a stablecoin called RLUSD. RLUSD could become a widely used stablecoin for finance and money transfers, relying on Ripple. Ripple Labs controls a large amount of XRP, and some crypto enthusiasts criticize this as "centralization." Another point is that Ripple acts as a bridge between traditional finance and blockchain technology, so it has not seen much growth in DeFi. Lastly, the goal of becoming a bridge for cross-border payments faces a lot of competition. XRP coin is a project with the potential to change the global financial system. However, its high price volatility is a clear weakness. XRP should be seen as "a long‑term plan" rather than "a ticket to get rich." Also, since every investment carries risk, always DYOR (Do Your Own Research) before trading. Jack #XRP #Ripple #CrossBorderPayments #CryptoAdoption #DYOR
Donald Trump promised that if the CLARITY Act reaches his desk, he will immediately sign it into law. Currently, this bill has passed the House but is stuck in the Senate because of disagreements. Until the Senate approves it, the law will not take effect, so people should watch the legislative process in Congress more than the promises of political leaders.
The $80,000 level is a strong resistance, and the market has tested it many times but still cannot break through.
Because this level has not been broken yet, there may be short-term volatility, but the overall trend still has a bullish bias.
If Bitcoin can successfully break out above $80,000, there is a high chance of seeing another rally. If it cannot break through, short-term correction or sideways movement may continue.
At the end of Chapter (11), I had built my own trading strategy and learned to control my mindset. Then I spent about two more years going through ups and downs in trading. After that, an important turning point came in my life. My girlfriend, who had been working abroad, came back home. I had to prioritize marrying her and building a life together. So I decided to cut my crypto trading time by half. In short, I stopped waiting for something extraordinary in the future and chose to settle down with her. Before the wedding, I invited friends and relatives by online messages and phone calls. Since we held the ceremony at home, my friends didn't have to help much. A memorable moment was when the electricity went out during the wedding and we had to start a generator. As a wedding memory, we also donated 1,000,000 kyats (about 330 dollars) to a cat shelter. I started to worry that working too hard would harm our relationship. My wife did not like my high screen time from work, writing, and crypto. If I didn't give her enough time, she would scold me, "Turn off your phone!" So I stopped chasing profits wildly and changed my style to focus deeply in short trading sessions. I adjusted my trading method and hours to what worked for me. Reducing trading time by half meant I had to do my best to make good decisions in those short windows. If I couldn't decide during work hours, I would just hold. I stopped trading as much as before. Instead, I put some of my money into DCA and placed the rest into Flexible and Locked Earn products. They gave me better returns than bank interest. Slowly, I moved away from chasing profits and toward regular, long‑term investing. That is how I became a long‑term investor. With less stress, I enjoyed life more. But I never abandoned the experience I had gained. I came to understand that financial freedom is not about being rich. It is about having a minimalist mindset – being content with what you have. When it comes to crypto, I became someone who gives back and helps those close to me, just like Su Su, Aung Thu, and the Elder had helped me. I was able to give Su Su a power bank as a gift. I also gave 100,000 kyats (about 30 dollars) as a birthday present to a young friend from a messenger group. These were not wasteful spending. They were my way of returning the kindness I had received – putting into practice the spirit of mutual help among friends. My income slowly became stable. I could help with family expenses and took a step toward financial freedom. But I no longer tried to earn excessive profits. I understood clearly that protecting my current life and my relationship was more important. So I changed from a short‑term trader who stared at charts all day into a long‑term investor. I know that I can now stand as an intermediate‑level trader, but I always keep in mind that there is still much to learn. Because the crypto world never stops. New things keep appearing. So whenever crypto is involved, I remind myself to keep learning. One day, I asked my wife, "Dear, what should we do next?" She answered, "We'll have a child, and we'll also adopt a kitten." She was right. We will have to try to pass on a crypto legacy to our next generation. I will end this article series here. Thank you very much to all readers who have followed my articles every week. I wish you all meaningful and beneficial experiences in your own lives. Jack #WorkLifeBalance #LongTermInvesting #BinanceSquare #MinimalistMindset #FamilyFirst
Chapter (11) – Sustaining Success for the Long Term
At the end of Chapter (10), I not only recovered my losses from six months of hard work but also made an extra amount equal to half the price of a laptop. But more important than that profit, I started to understand that "I need to build my own trading strategy." The words "To master trading, you need three things: method, money management, and mindset" often came into my mind. So I decided to focus on trading only during certain hours of the day. I marked supply and demand zones. I waited patiently for the price to return to my desired entry level. I tried to strengthen my mindset to trade within a short time window as planned. I also discovered something important: the ability to let go of opportunities and fully rest. I set aside one day a week to completely forget about crypto trading and my writing work. At first I worried I might miss opportunities, but later I learned that this rest gave me fresh energy for the other six working days. Another thing I haven't mentioned is that I started to gain a foothold on Binance Square. Over eight months, I posted articles, updates, and giveaway posts. My followers slowly grew. Binance Square rewarded me with about 25 USDC for my eight months of writing. Now let me talk about something that matched my mindset – reviewing my old trading data. I did this systematically. By analyzing the data and strategies I had collected, I learned that reviewing helped me take lessons from my losing trades instead of only focusing on winning ones. So I decided how many times per month I would do this review. My trading profits and income from writing both became quite good. I started contributing to my family's household expenses. I was able to give Su Su, who had helped me along my crypto journey, a 20K power bank as a gift. I also gave 100,000 kyats (about 30 dollars) as a birthday gift to a young friend from a Messenger group. These were not careless spending – they were meaningful ways to give back to important friends on my journey. As I moved forward, I realized that trading psychology becomes more and more important. I understood that in trading, mindset matters more than technical knowledge. Fear, greed, impatience, and lack of emotional control are the biggest enemies of a trader. So before trading every day, I reviewed the market again. I strictly followed my scheduled trading hours – not just followed them, but gave them my full focus. I still faced losses. But unlike before, I did not react emotionally. I tried my best to stay calm. With my personality, I noticed that I don't like to take too much risk. So I learned that protecting my capital and managing it properly is more important than chasing high profits. (Note: Traders have different mindsets, so their trading strategies differ too.) My crypto journey, which started with so little, is now slowly becoming equipped with better tools and resources. In the next and final chapter (12), I will share the conclusion of this journey. Please keep reading and supporting me. Jack #TradingStrategy #MindsetMatters #Cryptojourney #BinanceSquare #SustainableProfit
The news that XRP overtook BNB and returned to Top 4 is not just a simple ranking change. It is a signal that market sentiment is shifting. XRP was slow before because of regulatory pressure. But now demand is rising again, and whale accumulation is also increasing.
The most important point of this movement is the ETF narrative. XRP is a strong candidate in terms of liquidity, brand recognition, and use case. XRP regaining its strength could be a bullish signal for the altcoin market. It may also be a sign that a rotation phase is beginning.
The crypto market is still news-driven, so a sudden correction is possible. Therefore, you need to get your entry timing right and be careful.
Chapter (10) – Turning Point or The Fruit of Hard Work
The Elder’s scolding echoed in my ears. “You lack focus. You are too careless.” Those words hurt me, but they also became a driving force. At the end of Chapter (9), I had lost money because I did not fully understand candlestick patterns. This time, I decided not to make that same mistake again. For the first two months, I sacrificed sleep to study. I woke up early in the morning and opened TradingView charts. I marked key areas with lines. In the afternoon, I watched YouTube videos again to check if I really understood. In the evening, I practiced with Bar Replay on old market data. I placed about 30 fake orders to test my system. At first, I was not good at it. I placed stop losses in the wrong places and miscalculated risk-reward. But by practicing every day, I slowly improved. Later, I started to take care of my health again. I fixed my sleep and meal times, and began doing light exercise. During this time, my writing career also slowly became successful. Over five years, the articles and short stories I wrote started to gain a name among readers. One day, a book publisher contacted me. They said, “We have liked your articles for a long time,” and offered me regular writing work. So I began to earn enough for living expenses. I no longer had to depend completely on the Elder’s investment. I realized I needed to make my study more systematic. So I tried using AI help again, like before. I took phone screenshots and asked AI to calculate profit and loss. I thought AI would calculate each trade for me. But AI advised me, “Just showing screenshots is not enough to calculate exact profit and loss. You should export your trading records to an Excel file and calculate in detail.” So I had to find my own way. Because I am old‑fashioned, I felt more satisfied writing things down by hand. In a notebook, I recorded the date of each trade, the token type, selling price, buying price, loss or profit amount, where I set TP/SL, and what lesson I learned from that trade. While writing, I could clearly see each trade’s loss and profit. Finally, with AI’s help, I created an Excel file for my own performance record. Now I could see my strengths and weaknesses more clearly. Looking back at these records, I understood that I needed better risk management rules. I decided never to risk more than 1% of my total account balance per trade. For example, if my account had 1,000 dollars, the maximum risk per trade would be 10 dollars. Also, I decided only to trade when the risk-reward ratio was at least 1:2. I placed stop losses only at support or resistance levels. When the stop loss was hit, I closed the trade immediately. I no longer held positions with the hope that “the price will come back up.” In the first two months of the six‑month period, I studied hard without enough sleep. In the second two months, I started caring for my health again and traded regularly. In the third two months, small profits began to appear. So when six months passed, I calculated everything. I not only recovered the losses from the Elder’s initial investment, but I also made an extra amount equal to half the price of a new laptop. That laptop cost 2,000,000 kyats, so I had recovered 1,000,000 kyats (about 330 dollars) in profit. But let me be clear – this profit came from sleepless effort. I had cut back on entertainment a lot. I met my friends much less often. This is not a fancy success story. It is the fruit of sacrifice and hard work. What I learned from crypto is that there is no shortcut to success. This was the reward of small risks, consistent processes, and patience. The strategies I learned and the lessons from my mistakes allowed me to stand where I am now. In the next chapter (11), I will continue to share how I built my own trading strategy and how I kept trying with that strategy. I don’t even know where this journey will end. But I have already decided to keep walking. Jack #TurningPoint #HardWorkPaysOff #RiskManagement #TradingDiscipline #BinanceSquare
For 20 full days, I practiced on Binance Demo Trading, placing hundreds of orders. I tried different leverages and different TP/SL settings. But only now, when I look back carefully, I realize that I was weak at studying candlestick patterns. I was just placing orders without really understanding what each candle pattern meant. Aung Thu once told me, "Brother, you need to read the charts to make it work." Now I finally understand his words in a practical way. So I used AI help and turned back to YouTube. I searched with the keyword "Advanced candlestick patterns for Trading" and many videos appeared. Some videos explained Long Wick Candles – what it means when the upper or lower wick is long. Others taught about the momentum of Engulfing Candles. That's how I started learning about eight patterns, including Long Wick Candle, Candle Color Change, and Momentum of Engulfing Candle. While studying patterns, I learned that they are not just about showing price movement. I needed to understand the psychology behind the pattern. For example, a teacher explained that when a long green candle is followed by a small red candle, it signals that buyers are losing their strength. Reading the market's changes was both fun and challenging. While I was spending my days with patterns, I got a message from Su Su. "Nyan Linn, I can't pass KYC on Mexc. Please help me." Su Su had helped me before with the Spring Bee game. Now it was my turn to help back. I looked at her screenshots and helped her submit KYC again. Her words "Thank you, brother" made me happy. I also taught her how to share Gift Boxes on Mexc. Later, we exchanged QR codes. Having friends who help each other is the reason I could continue this journey. After studying patterns, I turned my focus to Copy Trading. I searched and learned about it on YouTube. The teacher in the video explained what a Lead Trader is – how to choose an expert trader to copy for you. I learned about Win Rate, how to check Risk Profile, and the difference between Fixed Ratio and Fixed Amount copy modes. After learning from YouTube, I opened the Top 3 Trader list on Binance Copy Trading. The number one trader had a 95% win rate, which looked very good. But I didn't check his Risk Profile carefully. I was too excited and copied him immediately. In the first two days, I lost money in a row. I felt really sad. When I looked back carefully, I realized that this trader had a very high-risk profile. He was a scalper, which did not match my safe-side personality at all. I learned a lesson from this mistake – a careless mistake of not doing proper data analysis. After doing Copy Trading for about two weeks, I felt that I should try Futures trading on my own. I also joined the Binance Word of the Day event and did research on other traders' advice on Binance Square. So I tried placing three Futures trade orders. Two ended in loss. The third one made only half of what I expected. When I reviewed what went wrong, I realized that I hadn't fully mastered candlestick patterns. I only knew their names, but I didn't know "which pattern at which situation means you should trade in which way." I understood that I needed to study deeper. During this time, I made many mistakes. I was weak at studying patterns thoroughly. I chose the wrong trader for Copy Trading. I also lost money when trying Futures trading. I was the one who was happy to receive investment from the Elder... but now even the Elder became disappointed. He scolded me sharply, "You lack focus and you are too careless. Your experience is still young, but from now on, trade more carefully." To all friends reading this article, I hope you also learn from your mistakes and keep moving forward. Let's meet again in the next chapter. Jack #BinanceSquare #CopyTrading #DemoTrading #TradingMistakes #CryptoJourney
When I got the investment from the Elder, I felt excited. But the Elder and Aung Thu did not let me jump in carelessly. "Nyan Linn, don't try Futures trading yet. First practice on Binance Demo Trading for about 20 days," the Elder said. Aung Thu also encouraged me, "Brother, we are not rappers, so we need to understand the flow and rhymes first." I understood and appreciated their sense of responsibility. But I didn't go straight to Demo Trading. First, I studied with AI help and YouTube tutorial videos. That's how I started learning 10 vocabulary words about Futures trading. I didn't know their meanings yet. Words like Long, Short, Leverage, Margin, Liquidation, Take Profit, Stop Loss, Cross Margin, Isolated Margin, Funding Rate – it felt like studying a completely new subject. Among them, I focused more on 5 main words. I understood that Long means buying because you think the price will go up, and Short means selling because you think the price will go down. Leverage lets you trade a larger amount with a small amount of capital. Margin is like the money you put in. Take Profit (TP) and Stop Loss (SL) let you set your profit and loss in advance. During Spot trading, things were not this difficult. I felt like I was learning something completely new. After studying with AI and YouTube videos, I started trying Demo Trading on Binance. The first two orders I placed just went in – I didn't even understand why. On the third order, it was different. From not understanding TP/SL and ROI, I slowly began to understand a little. While talking with AI, I realized that setting TP/SL for Long and Short is opposite. When you expect the price to go up (Long), you put TP higher than the current price and SL lower. When you expect the price to go down (Short), it's the opposite. When I continued studying with AI, it said that for beginner traders, Isolated margin is better than Cross. So I had to cancel my first three orders. Isolated margin means you set a separate margin for each order you choose, while Cross uses all the money in your account as one common margin. Also, AI warned me not to trade with more than 20x leverage, even when practicing on Demo Trading. So within the first 10 days, I practiced with many different leverages and placed hundreds of orders. While experimenting with trades, I learned two things about Leverage and TP/SL (ROI%). The higher the leverage, the larger the position size, and the higher the risk – I learned this from my own experience. During the second 10 days, while trying different orders, I found a trading style that suited me. I am the type who likes to stay on the safe side, so I chose low leverage (3x to 5x) and medium ROI (20% to 50%) for TP/SL. Even when playing soccer with my friends, I prefer to play from behind. So I believed this trading style would suit me. Even though I had received an investment from the Elder, I knew I should not trade carelessly with other people's money. I had to be responsible. I also decided that going slow and steady at the beginning would be better. My trading style would only become aggressive when I trade with real money. But because I had often seen and heard on social media about people going crazy from trying to be special in Futures trading, a strong sense of caution stayed in my mind. I learned that after finishing Demo Trading on Binance, I don't have to start real trading immediately – I can also try Copy trading. So after 20 days of practice, I decided not to try Futures trading by myself yet, but to learn more about Copy trading. In Chapter (9), I will continue to share about learning Copy trading and starting to try Futures trading. Jack #BinanceDemo #FuturesTrading #CopyTrading #LearnToTrade #TradingJourney
I carefully read the PDF file about Spot Trading that my P2P agent friend shared with me. Under the simple words "buy when price drops, sell when price rises", I started to understand that "a whole range of people's emotions is hidden there." Technical analysis – lines, short terms like RSI, MACD – seemed like a headache at first, but slowly, slowly I got used to them. From my life experience, I already knew that "skill cannot be built in one day, it takes time." But the problem was that even though I had knowledge and experience, I didn't have capital. So I asked the Elder for help. I started the conversation by saying, "Brother... I would like to partner with you a little." The Elder replied quite firmly, "Brother, I can only teach you. The investment part is up to you." His words made me feel a bit sad, but I knew he was right. It made sense that I needed to stand on my own feet. So I thought by myself. I knew that nobody would invest in someone with only 2-3 months of experience. After being rejected by the Elder, I bravely made a decision. That was to sell my loyal laptop that I used for writing. To me, this laptop was like a friend that had been with me for five years. I felt sad selling it... but I really wanted to gain trading experience. From selling my laptop, I got 1,200,000 kyats (about 400 dollars). Now I had total capital of around 400 dollars. This time, I wanted to be more systematic. Besides SDB Token and BTC, I also started trading ETH. After reading an article on Crypto Nova Page, I understood more about the Bitcoin market. When I learned that Whales were buying over 400,000 dollars worth of BTC, I bravely bought too. But I realized that the buying power of small retail traders like me was just like one grain of sand compared to Whales. But many grains of sand together can form a beach, right? In short, within two months I made about 10 dollars profit from Spot Trading. But the funny thing was, I got about 15 dollars from collecting Gift boxes on exchange apps. Just think about it... collecting Gift boxes was more profitable than studying the market and trading! When I told Aung Thu this, he said, "Brother, Gift boxes are like lottery tickets. One day they will disappear. But your trading skill will always stay with you." During this time, my income from writing work got a little better. So this time, when the price of tokens and coins dropped, I didn't sell but held on. I was able to follow "buy the dip and sell high" exactly. Before, when the price dropped, I panicked and sold quickly. Now I could calmly watch and wait. The Elder praised me, "Brother, now you are starting to have a true trader's mindset." In short, after two months, my total profit was about 25 dollars. I shared this good news with the Elder and Aung Thu. Seeing their satisfied faces made me happy. Then suddenly the Elder spoke up. "Brother, since you are so persistent, I will invest in you." His proposal was like this: He would invest 250 dollars per month. We would share the profit at the end of the year. I would get one third of the profit. I was surprised. "Brother, that's a big amount!" I said. The Elder laughed. "Brother, I like your effort. That's why I'm offering this. But be careful, I'm not a soft-hearted person," he said half-jokingly but seriously. And so, with strong support, my crypto trading journey began to move forward powerfully. The sadness of selling my laptop was now replaced by hope and dreams for the future. Please continue to follow the next episodes to see what happens next with the Elder's investment. Jack #SpotTradingJourney #CryptoBeginner #InvestmentSupport #BuyTheDip #TradingMindset