šŖ #AirdropSafetyGuide ā How Do You Stay SAFU?Ā Not all airdrops are safe. From wallet drainers to fake token approvals, scams are everywhere. Use #AirdropSafetyGuide to share how you identify red flags and protect your assets. š¬ Your post can include: Ā· Red flags you look out for (e.g. fake websites, unclear team, suspicious contracts) Ā· How you verify if a project is legit (e.g. on-chain checks, community research) Ā· Common scam tactics you've encountered Ā· Share an example of an airdrop you avoided ā and why? š« Reminder: Keep links on Square, no external links allowed. š Post with #AirdropSafetyGuide , share your insights to earn Binance Points and complete all 3 campaign topics to qualify for the shared 1 BNB reward pool! (Press the "+" on the App homepage and click on Task Center)Ā
#AltcoinETFsPostponed It appears the review period for several altcoin Exchange Traded Funds (ETFs) has been postponed by the U.S. Securities and Exchange Commission (SEC). Here's a breakdown of what's happening: Key Developments: * Multiple Delays: The SEC has recently delayed decisions on spot ETFs for several altcoins, including: * XRP: The decision on Franklin Templeton's spot XRP ETF has been pushed to June 17, 2025. * Dogecoin (DOGE): The decision on Bitwise's Dogecoin ETF has been delayed until June 15, 2025. A 21Shares Dogecoin ETF listing on Nasdaq has also been proposed. * Solana (SOL): Applications from Canary, VanEck, and 21Shares for Solana ETFs have also faced delays. * Polkadot (DOT) & Hedera (HBAR): Decisions on Grayscale's Polkadot Trust conversion and Canary's HBAR ETF are now expected by June 11, 2025. * Litecoin (LTC): Filings for Litecoin ETFs have also been postponed. * Reason for Delay: The SEC has cited the need for more time to evaluate the proposed rule changes and address the regulatory issues raised in the filings. This is consistent with standard procedure for ETF reviews. * Analyst Perspectives: * Bloomberg ETF analyst James Seyffart described these delays as "standard procedure" and doesn't believe they negatively impact the ultimate likelihood of approval. He noted that many of these applications have final deadlines in October 2025 or later.
#Trump100Days As President Trump hits the ground running in 2025, his first 100 days are shaping up to be a whirlwind of action! š From economic reforms to border security, hereās a glimpse of whatās unfolding: - **Economy Roaring Back** š°: Tax cuts and deregulation aim to boost businesses and put more money in your pocket! š - **Border Security** š”ļø: Stronger policies to protect the nation, with a focus on safety and sovereignty.
A Complete List of All Dead Crypto Billionaires and Millionaires Below is a chronological list detailing the passing of notable cryptocurrency millionaires and billionaires, highlighting the often untimely and unusual nature of these incidents.
Matthew Mellon (April 2018): Died of a heart attack in Mexico, induced by consuming ayahuasca.
Gerald Cotten (December 2018): Died in India from complications of Crohnās disease, though his death is shrouded in mystery and controversy.
Mircea Popescu (June 2021): Drowned off the coast of Costa Rica.
Nikolai Mushegian (October 2022): Found dead on a beach in San Juan, Puerto Rico; official cause was drowning.
Javier Biosca (November 2022): Died by reportedly jumping off a balcony in Spain, amidst fraud allegations.
Vyacheslav Taran (November 2022): Died in a helicopter crash en route from Switzerland to Monaco.
Tiantian Kullander (November 2022): Co-founder of Amber Group, died unexpectedly in his sleep.
Park Mo (December 2022): Found dead outside his home, believed to have committed suicide amid allegations of financial misconduct.
Bob Lee (April 2023): Founder of CashApp, was killed under mysterious circumstances.
John Forsyth (June 2023): Disappeared in May 2023; his body with a suspected gunshot wound was found nine days later.
Yevgeny Prigozhin (August 2023): Died in a private plane crash near Moscow under dubious circumstances; he was allegedly linked to a significant Bitcoin wallet. $OM
DeFi (Decentralized Finance) scams primarily involve fraudulent investment opportunities, often promising unrealistic returns or using deceptive tactics to lure users into investing. These scams can take various forms, including rug pulls, liquidity mining/yield farming scams, and phishing attacks. Here's a breakdown of common DeFi scam tactics: Rug Pulls: This involves developers creating a token, promoting it heavily, and then suddenly selling their holdings and removing liquidity, leading to a significant price drop and leaving investors with worthless tokens. Liquidity Mining/Yield Farming Scams: Scammers may create fake or low-quality projects that entice users to deposit their assets into liquidity pools, promising high yields, and then exploit the system to drain the funds. Imposter Scams: Scammers impersonate legitimate businesses or individuals, gaining access to user systems and personal information to steal assets. Investment Group Scams: Fraudulent investment opportunities are promoted in private messaging groups, like WhatsApp or Telegram, often promising high returns. Crypto Giveaway/Airdrop Scams: Scammers may use AI-generated content or impersonate prominent figures to promote giveaways or airdrops, leading users to share their wallets or other private information. Pig Butchering Scams: Scammers build relationships with victims to gain trust and then gradually introduce them to fraudulent investment opportunities. Smart Contract Exploits: Malicious actors can exploit vulnerabilities in smart contracts, leading to the theft of user funds. Market Manipulation: Scammers may engage in pump and dump schemes, creating artificial demand for a token, and then selling it for a profit when the price has risen, causing a price crash for other investors. Protecting yourself from DeFi scams: Do your research: Thoroughly investigate any DeFi project before investing, looking at its whitepaper, development team, and community support. Be cautious of unrealistic returns: If an investment opportunity seems too good to be true, it likely is.$OM #DeFiEducation
During an attack, DeFi actors can serve as a direct target due to technical vulnerabilities or human risk exploitation, become perpetrators through misuse of contracts or market manipulations, or act as intermediaries by being imitated through, for example, phishing campaigns. $OM
DeepSeek is a Chinese AI company that has gained considerable attention, including in the crypto space, for its open-source large language models (LLMs) and its AI chatbot app. While DeepSeek itself isn't a cryptocurrency, its AI technology has sparked interest and discussion within the crypto community, particularly around potential applications and the broader impact of AI on the industry. Key Aspects of DeepSeek and its Relation to Crypto: Open-Source LLMs: DeepSeek's open-source LLMs, like DeepSeek-V3 and DeepSeek-R1, are attracting attention for their performance and potential to be used in various applications, including those related to crypto. AI Assistant App: DeepSeek's free chatbot app, "DeepSeek - AI Assistant," has gained popularity, becoming a top-downloaded app on the iOS App Store. This app, powered by DeepSeek's AI technology, could potentially be integrated into crypto platforms or used by crypto traders and investors. Security Risks: While DeepSeek's AI models have impressive capabilities, they also present security risks, including vulnerabilities to "evil jailbreak attacks" that could be exploited for malicious purposes. This highlights the need for careful consideration of the security implications of using AI technologies in the crypto space. Scams and Phishing: DeepSeek's growing influence has also attracted cybercriminals, who are using impersonation tactics to target users with phishing campaigns and fraudulent investment scams. This underscores the importance of being vigilant about potential scams and phishing attempts in the context of DeepSeek and AI technologies. Market Impact: DeepSeek's impact on the AI market, including its effects on AI integrators and enablers, has been observed. The company's open-source approach and the development of powerful AI models are expected to have a broader impact on the tech industry, including crypto. In summary, while DeepSeek is not a cryptocurrency itself, its AI technology and the attention it has garnered have implications for the crypto space. $OM
SEC Commissioner and head of the crypto task force, Hester Peirce, says US financial firms are navigating crypto in a way thatās similar to playing the childrenās game āthe floor is lava,ā but in the dark. āIt is time that we find a way to end this game. We need to turn on the lights and build some walkways over the lava pit,ā Peirce said at the SEC āKnow Your Custodianā roundtable event on April 25 The lava is crypto, says Peirce Peirce explained that SEC registrants are forced to approach crypto-related activities like āthe floor is lava,ā where the aim is to jump from one piece of furniture to the next without touching the ground, except here, touching crypto directly is the lava. āA D.C. version of this game is our regulatory approach to crypto assets, and crypto asset custody in particular,ā she said. Peirce said that, much like in the game, firms wanting to engage with crypto must avoid directly holding it due to unclear regulatory rules. āTo engage in crypto-related activities, SEC-registrants have had to hop from one poorly illuminated regulatory space to the next, all while ensuring that they never touch any crypto asset,ā Peirce said. Peirce said that investment advisers are often unsure which crypto assets qualify as securities, what entities count as qualified custodians, and whether āexercising staking or voting rightsā could trigger custody violations. āThe twist in the regulatory version is that it is largely played in the dark: burning legal lava and no lamps to illuminate the way.ā Peirce also said that a broker or ATS that cannot custody or manage crypto assets will struggle to facilitate trading, making it unlikely for a ārobust marketā to develop. Echoing a similar sentiment, SEC Commissioner Mark Uyeda said at the event that as more SEC registrants work with crypto assets, itās essential that they have access to custodial options that meet legal and regulatory requirements. Uyeda said the agency should consider letting advisers use āstate-chartered limited-purpose trust companiesā$OM #Floorislava
A "crypto slump" refers to a significant and often rapid decline in the value of cryptocurrencies. It's a period where the price of digital assets like Bitcoin and Ethereum experiences a downturn, potentially due to various factors like macroeconomic concerns, market sentiment, or regulatory changes. Elaboration: Definition: A slump, in general, signifies a sharp decline in something, like business activity or market values. In the context of crypto, it specifically means a downturn in the price or value of cryptocurrencies. Causes: Macroeconomic factors: Worries about inflation, interest rate hikes, and global economic conditions can make investors less inclined to take risks, including those in the crypto space. Market sentiment: A negative perception of the crypto market or a particular cryptocurrency can lead to a sell-off, driving prices down. Regulatory uncertainty: New regulations or the threat of stricter rules can also cause investors to become cautious. Technical factors: Sudden shifts in market dynamics, such as a major sell-off by large investors or a technical issue on an exchange, can trigger a slump. Impact: A crypto slump can have several consequences, including: Investor losses: Individuals and institutions who invested in cryptocurrencies during a slump can experience significant financial losses. Reduced market capitalization: The overall value of the crypto market can decrease during a slump, potentially affecting the broader financial landscape. Increased volatility: A slump can amplify the inherent volatility of the crypto market, making it more challenging for investors to navigate. Loss of public confidence: A prolonged or severe slump can erode public confidence in cryptocurrencies, potentially hindering their adoption. $OM
Can crypto be trusted? Just like with any investment opportunity, there are no guarantees. No one can guarantee you'll make money off your investment. Anyone who promises you a guaranteed return or profit is likely scamming you. Just because the cryptocurrency is well-known or has celebrities endorsing it doesn't mean it's a good investment. $OM
"Crypto crook" is a term used to describe individuals involved in criminal activities related to cryptocurrencies, such as fraud, theft, and money laundering. These crimes often exploit the decentralized nature of cryptocurrency, making it difficult to trace and recover stolen funds. Examples of "crypto crook" activities: Fraud: Scams that involve misleading investors to invest in non-existent or misrepresented cryptocurrency projects. Theft: Hacking cryptocurrency exchanges and stealing large amounts of digital assets, like the ByBit heist in 2025, where North Korean hackers stole $1.5 billion in Ethereum. Money laundering: Using cryptocurrency to disguise the origins of illicit funds, making it harder for law enforcement to track down stolen assets. Examples of individuals labeled as "crypto crooks": Do Kwon: The founder of the Terra/Luna project, who was accused of manipulating the platform to defraud investors. Sam Bankman-Fried: The founder of the FTX exchange, who was convicted of defrauding investors and using customer funds for personal use. North Korean hackers: A group responsible for stealing $1.5 billion in Ethereum from ByBit in 2025. Challenges in addressing crypto crimes: Decentralization: Cryptocurrencies are decentralized, making it difficult to trace the origins of transactions and identify those involved in illegal activities. Anonymity: Cryptocurrency transactions can be pseudonymous, allowing criminals to hide their identities and launder money. Speed and complexity: The rapid speed and complexity of cryptocurrency transactions can make it challenging for law enforcement to track and recover stolen funds. Solutions to combat crypto crimes: Blockchain analytics: Using blockchain analytics to track suspicious transactions and identify criminals. International cooperation: Coordinating efforts between law enforcement agencies to track down criminals and recover stolen assets. Regulation: Implementing regulations to protect investors and deter criminal activity. $OM
šŖ #AirdropStepByStep ā Step-By-Step Airdrop GuidesĀ Claiming an airdrop isnāt always straightforward. Some require social tasks, others ask for testnet interactions or multi-step quests. Use #AirdropStepByStep to walk others through an airdrop youāve completed from start to finish. š¬ Your post can include: Ā· A brief intro to the airdrop/project (whatās it about?) Ā· Tasks required to qualify (e.g. connect wallet, testnet, quests) Ā· Step-by-step walkthrough of what you did Ā· Tips or warnings (e.g. āyouāll need testnet ETHā or āgas was highā) Ā· What you received or expect to receive š” Tip: Use screenshots or screen recordings to help showcase your personal process! š« Reminder: Keep links on Square, no external links allowed. š Post with #AirdropStepByStep , share your insights to earn Binance Points and complete all 3 campaign topics to qualify for the shared 1 BNB reward pool! (Press the "+" on the App homepage and click on Task Center)Ā
$BTC BTC 94,680.01 +0.25% BTC BULLS ARE ON THE OFFENSIVE, IS THIS A CORRECCTOIN ? ?? Despite a strong run BTCUSD this month, a short term correction could unfold if HI price action breaches channel support
#AbuDhabiStablecoin Abu Dhabi is promoting its digital financial ambitions with a plan to launch a stablecoin backed by the dirham, fully regulated by the UAE Central Bank. Led by major institutionsāInternational Holding Company (IHC), Abu Dhabi Developmental Holding Company (ADQ), and First Abu Dhabi Bank (FAB)āthis initiative aims to enhance secure and efficient digital transactions across various fields. The stablecoin will operate on the ADI blockchain, developed by the ADI Foundation, supporting applications such as machine-to-machine payments and AI-driven control processes. This move aligns with the UAE's strategy to position itself as a global leader in digital finance and blockchain technology.
#ArizonaBTCReserve The concept of an "Arizona Bitcoin Reserve" refers to a proposal or idea for the state of Arizona to hold Bitcoin as part of its state treasury or investment portfolio. This idea has emerged within the broader discussion of cryptocurrency adoption by governments and institutions. Key Points: The proposal, Not Reality: It's important to note that, as of now, there is no official "Arizona Bitcoin Reserve" in the sense that the state government is actively holding a significant amount of Bitcoin. This has been more of a concept discussed or proposed by certain individuals or groups. Motivations: Proponents of such a move often argue that: Bitcoin could serve as a hedge against inflation. It could diversify the state's assets. It could position Arizona as a leader in embracing innovative technologies. Legal and Regulatory Challenges: Significant legal and regulatory hurdles would need to be overcome for any state to hold Bitcoin as a reserve asset. These include: Determining the legality of such holdings under state law. Addressing the volatility of Bitcoin and its potential impact on state finances. Establishing secure custody and management of the digital assets. State-Level Initiatives: While a full-fledged Bitcoin reserve might be complex, some states, including Arizona, have explored or enacted legislation related to cryptocurrency. This often focuses on: Defining the legal status of cryptocurrencies. Facilitating the use of cryptocurrency for payments within the state. Creating a regulatory environment for cryptocurrency businesses. National Context: The discussion around state-level Bitcoin reserves is also influenced by the broader national conversation about cryptocurrency regulation and its potential role in the U.S. economy. Conclusion: The Arizona Bitcoin Reserve idea is a progressive but complicated way to include cryptocurrency in state funds. Despite challenges, the concept shows increasing interest in Bitcoin and other digital assets.
#AirdropFinderGuide Here is a step by step guide šŗļø to find and participate in airdrops š¦ from binance Step 1 - Click on "Assets" tab. Step 2 - Click on "Wallet" on top of the screen. Binance Web3 wallet will open. Step 3 - Scroll a little, you will see a banner with Velvet Capital Airdrop. Step 4 - Click on " 2 exclusive campaign ongoing " on the bottom right corner of the banner. A page will open showing all the ongoing Airdrops.
A small sparrow and a large, old vulture lived in the same area, but the vulture was blind and struggling to find food. The sparrow, seeing the vulture's suffering, felt compassion and invited him to stay in their tree and share their food. The vulture, initially grateful, eventually became greedy and suspicious, leading the sparrow to question his presence. The vulture, feeling slighted, became resentful and eventually plotted to harm the sparrow and his family. The sparrow, however, remains kind and forgiving, illustrating the importance of generosity and trust. The story concludes with the vulture being pushed from the tree, emphasizing the dangers of greed and distrust. The moral of the story is that one should not blindly trust strangers and should be wary of flattery that may be used as a tool for deception. The story highlights the importance of empathy, kindness, and the potential consequences of greed and suspicion. $OM