mrblocktw

Today I received a bunch of messages from "retired OG" big shots in the crypto world:
"Chris, how do I buy SRM?"

I thought to myself: Wow! Is FTX's Serum coming back to life?
Is Sam up to something again after getting out?

But it turns out they were asking—how to buy $SRM from Sun's new company 😂

This proves that we DeFi OGs are starting to become Boomers...
We really can't keep up with Sun's pace of wealth creation, it's just too strong, too ruthless, and too good at seizing trends🔥 @justinsuntron 🙏🏼

Circle's IPO is just the beginning of the "stablecoin frenzy" bubble.

Most new stablecoin issuers in the future will be overvalued and doomed to fail —
if they cannot obtain distribution channels through crypto exchanges, banks, or social media platforms, they are just empty paper projects.

The bubble is being inflated, don't be the last one to enter.

幣圈卡用過無數張 😱

暫時覺得最好用的是：

Etherfi - https://www.ether.fi/refer/mrblock

RedotPay - https://url.hk/i/en/r6gii

註冊完記得用 http://mrblock.vip 來獲得額外任務積分

The End of an Era?

Heard that major cryptocurrency platforms might be targeted?😱

📈 Ethereum is gaining institutional embrace.

In June, over $800 million flowed into the U.S. $ETH spot ETF.
This is not just a big number — it accounts for more than 20% of all historical net inflows into ETH ETFs.

And this wave doesn't feel like a flash in the pan:

🔹 There have been 19 consecutive days of net inflows, setting the record for the longest in ETF history.

🔹 On June 11, net inflows for the ETH ETF reached $240M, far exceeding that day's BTC ETF of $165M.

⸻

Institutions are no longer just "watching Ethereum"; they are "choosing Ethereum."

What do they see?
🧠 A richer yield structure (staking, MEV, L2)
🧠 Faster technological iterations (EIP-4844, modular architecture)
🧠 A more active developer and application ecosystem

⸻

For institutions, ETH is not a "competitor to Bitcoin"; it is an asset equity proof for the next generation of network financial infrastructure.

What happened with $ZKJ and $KOGE?

Both are alpha coins?

US stocks Tony G Investment surged 809% within an hour, instantly increasing its market value by 57 million USD, simply because they bought 10,000 $HYPE.

This year, we might see more listed dumpling stocks replicating this 'MicroStrategy-style' operation: buying coins, changing presentations, boosting market value, and stirring narratives—new-style SPACs or reviving dead companies supported by the crypto world.

It's getting more and more bubble-like.
Is this wave about to peak?

The New York Post with 223 years of history is all about teaching how to buy $PEPE

This morning, I was shocked to see a number of cryptocurrency Twitter accounts being suspended, particularly the official and community accounts related to GMGN, such as @gmgnai, @Wolfy_XBT, @0xCryptoWizard, and @ElizaOS have all been suspended. The reason is unknown, but GMGN's official team is actively contacting X for restoration.

⸻ What we know 👀

1/ This wave of suspensions affects not only GMGN but also several meme/web3/AI Agent accounts. What rule did Twitter trigger? The investigation is still ongoing.

2/ GMGN founder Haze has stated via Telegram that the official team is working hard to communicate for account restoration, and operations are unaffected.

3/ What to do if your account is suspended?
• First, confirm whether you received an official notice or reason for the ban.
• Prepare proof of account ownership: registration email, screenshots of historical tweets, multi-factor authentication, etc.
• Immediately contact X support, attaching the appeal form and evidence.

4/ **If the project is hijacked, the consequences are even more severe!** Once a scam link is released, it could instantly lead to a loss of funds. Therefore, it is essential to practice the "rescue process under account loss control" in advance.

⸻ Cryptocurrency Safety Guidelines - Fire Drill in Crypto 👀

5/ 🔑 Regular fire drills in the crypto space:
• Create a contact list: X support, community managers, core team members.
• Clearly outline folders: including login information, registration email, bound phone/2FA, identification documents.
• Define roles: Who is responsible for appeals? Who speaks in the community? Who handles backup deployment?
• Practice cold startups: quickly switch to backup accounts during a suspension and simultaneously release an official statement.

6/ Technical protections are also crucial:
• Enable Google Authenticator, multi-signature, and IP whitelisting.
• As GMGN has continuously optimized security measures in recent months, such as diverse login methods and whitelist mechanisms.
• It is recommended that all team members set up MFA; even if personal accounts are compromised, it can effectively isolate chain crises.

7/ What should general users do?
• If your own account is suspended, provide backup email and community management credentials during the appeal.
• Regularly back up important conversations and interaction records.
• Monitor official channels (like TG groups, Discord) to confirm the source of authentication messages.

8/ The most important point:
"It's not about worrying when the fire comes; it's about anticipating fire scenarios and practicing how to extinguish the fire afterward."

Risks in the crypto space can arise at any moment; account security, response processes, and team coordination must be prepared in advance.

⸻

📌 [Conclusion]
This GMGN incident reminds us again: security mechanisms must be established, response processes must be practiced, so that there is timely rescue when incidents occur. I hope everyone can quickly practice this set of "dry corpse separation + fire drill" to protect both life and funds!

This morning, I was shocked to see a bunch of cryptocurrency Twitter accounts being banned, especially the official and community accounts related to GMGN, such as @gmgnai, @Wolfy_XBT, @0xCryptoWizard, and @ElizaOS, all of which have been banned for unknown reasons. The GMGN official team is actively contacting X for recovery.

⸻ What we know 👀

1/ This wave of bans not only affects GMGN but also multiple meme/web3/AI Agent accounts. What rule did Twitter trigger? The investigation is still ongoing.

2/ GMGN founder Haze has stated through Telegram that the official team is working hard to communicate for account recovery, and operations are not affected.

3/ What to do after an account is banned?
• First, confirm whether you received an official notification or reason for the ban
• Prepare proof of account ownership: registration email, screenshots of historical tweets, multi-factor authentication, etc.
• Immediately contact X support (@XSupport) and attach the appeal form and evidence

4/ **If the project is hijacked, the consequences are even more severe!** Once a phishing link is out, it can instantly lead to a loss of funds. So it is essential to practice the “rescue process in case of account loss” in advance.

⸻ Cryptocurrency safety rules and fire drills 👀

5/ 🔑 Regular fire drills to conduct in the cryptocurrency space:
• Create a contact list: X support, community managers, core team members
• Clearly outline folders: including login information, registration email, linked phone/2FA, identification documents
• Role division: Who is responsible for the appeal? Who speaks in the community? Who handles backup deployment?
• Practice cold starts: Quickly switch to backup accounts during a ban and simultaneously release an official statement

6/ Technical protection should not be ignored:
• Enable Google Authenticator, multi-signature, IP whitelisting
• As GMGN has been continuously optimizing security measures in recent months, including diverse login methods and whitelist mechanisms
• It is recommended that all team members set up MFA, so even if personal accounts are compromised, it can effectively isolate the chain crisis

7/ What should general users do?
• If your account is banned, provide a backup email and community management credentials during the appeal
• Regularly back up important conversations and interactions
• Monitor official channels (such as TG groups, Discord) simultaneously to confirm the source of authenticated messages

8/ The most important point:
"It’s not about worrying when the fire comes; it’s about anticipating fire scenarios and practicing how to extinguish the fire afterward."

Cryptocurrency risks can arise at any time; account security, response processes, and team coordination must be prepared in advance.

⸻

📌 [Conclusion]
The recent GMGN incident reminds us once again: safety mechanisms need to be established, response processes need to be practiced, and timely rescue is only possible when incidents occur. I hope everyone quickly practices this set of "separation of the dead body + fire drill" to protect both life and funds!

🚀 @Lighter_xyz What is it? The next $HYPE?

https://t.co/I1DNOg3XVr is a decentralized trading protocol for perpetual contracts, providing verifiable order matching and settlement engine through its proprietary zk-Rollup technology (known as zkLighter). The entire system operates on Ethereum Layer 2, featuring a balance of performance, security, and transparency.

Core Features 🧐

- Verifiable Fairness: Every operation is cryptographically signed on-chain, allowing users to publicly verify the legitimacy of transactions, achieving "trustless, only verify."

- Ultra-Low Latency: Its matching engine can respond in less than 5 milliseconds, with extremely fast message transmission.

- High Throughput: Supports tens of thousands of orders and transactions per second, with a highly scalable architecture.

- Decentralized Order Book Trading: Unlike most AMMs (automated market makers), it uses an order book mechanism similar to traditional exchanges, but completely on-chain, non-custodial, and transparent.

- Investment: Backed by well-known venture capital firms such as a16z and Lightspeed.

Invite Code 👉https://t.co/gHJJwPV2Nr

Chinese Community 👉

• This week's rise is mainly related to the U.S. stablecoin legislation, particularly the progress of the GENIUS Act. (Vote today)

• The market's optimistic sentiment towards regulatory clarity seems to be the main driving force, and increased institutional interest may also contribute to the rise.

• Most believe this is also a bill recognizing DeFi.

Legislative Impact 👀

The bill could provide a clear regulatory framework for stablecoins, increasing investor confidence and boosting demand, particularly for U.S. Treasury bonds, which may indirectly benefit DeFi projects on the Ethereum mainnet, such as Curve (stablecoin DEX), MakerDAO (SKY), AAVE, Compound, and Ethena.

"Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 Act" (GENIUS Act)

The bill requires that stablecoins must be backed by 100% cash in U.S. dollars or short-term U.S. Treasury bonds, protecting stablecoin holders and preventing criminal or terrorist financing abuses.

Potential Beneficiaries of ETH Mainnet DeFi Projects 👀👀

• Curve: As a stablecoin DEX, Curve facilitates low-cost, low-slippage trading between stablecoins.

The increase in stablecoin usage is expected to significantly boost Curve's daily trading volume (currently averaging about $300 million per day).

• MakerDAO (SKY): MakerDAO issues the decentralized stablecoin DAI, and regulatory clarity may enhance the stability and adoption of DAI, indirectly increasing the value of its governance token MKR.

• AAVE and Compound: These two lending protocols allow users to borrow and lend cryptocurrencies, often using stablecoins as collateral. The increase in stablecoin usage will drive liquidity and lending activity on both platforms.

AAVE, due to its market share and innovation speed, may benefit more than Compound.

• Ethena: Provides synthetic dollars (USDe) and other assets, relying on the stablecoin ecosystem. The increase in stablecoin demand may enhance the demand for its synthetic assets, especially in leveraged trading.

Stake your $RiverPts today with @River4fun - a simple, prudent way to earn rewards from a project focused on long-term value. #EarnWhileYouWait

http://app.river.inc/?ref=Mrblocktwc

@PlasmaFDN finished

Next @stable? @levelusd?

$PUFFER 🐡 🙏🏻

📊【Who are the highest-earning employees globally?】

Tether generates $83 million in revenue per employee, outperforming a number of Silicon Valley giants, leaving even Apple and OpenAI in the dust.

🔍 Ranking:
1️⃣ Tether – Issuer of the USD stablecoin USDT
2️⃣ Hyperliquid – A perpetual contract exchange on its own chain
3️⃣ https://t.co/49uwAnnReE – Meme coin incubator on Solana
4️⃣ OnlyFans – Adult content platform with built-in financial traffic

👉 What does this represent?
The stablecoin business is slowly becoming the golden goose that everyone wants to grab:

• Circle IPO
• The Trump system also issues stablecoins
• @stable chain (investment from bitfinex)
• Major stablecoin protocols

Worth noting:
🔹 @CurveFinance
🔹 @aave
🔹 MakerDAO
🔹 @bucket_protocol

📊【Who are the highest-earning employees globally?】

Tether generates $83 million in revenue per employee, outperforming a number of Silicon Valley giants, leaving even Apple and OpenAI in the dust.

🔍 Ranking:
1️⃣ Tether – Issuer of the USD stablecoin USDT
2️⃣ Hyperliquid – A perpetual contract exchange on its own chain
3️⃣ https://t.co/49uwAnnReE – Meme coin incubator on Solana
4️⃣ OnlyFans – Adult content platform with built-in financial traffic

👉 What does this represent?
The stablecoin business is slowly becoming the golden goose that everyone wants to grab:

• Circle IPO
• The Trump system also issues stablecoins
• @stable chain (investment from bitfinex)
• Major stablecoin protocols

Worth noting:
🔹 @CurveFinance
🔹 @aave
🔹 MakerDAO
🔹 @bucket_protocol

🚀 Want a credit card that truly maximizes your cryptocurrency assets?

For users who hold stablecoins long-term, this is an all-in-one card that combines "earnings + spending + physical discounts + airdrop eligibility."

💳 @ether_fi Cash Card integrates DeFi earnings, global spending, hotel discounts, and cash back, allowing you to enjoy the benefits of the crypto world in your daily life.

🔥 https://t.co/AFYrHC0Ddx Cash Card key highlights:

— 📈 Stablecoin annual yield of up to 11% (through Etherfi and Eigenlayer restaking structure)

— 💸 Earn additional $ETHFI token rewards on every purchase (equivalent to mining while spending)

— 🏨 Integrated with high-end booking platforms, offering up to 65% off luxury hotels

— 🪙 Earn an extra 5% cash back when booking hotels with the etherfi card

— 🔄 Truly achieve a "spending while making money work for you" Web3 lifestyle? 🥸

Through Mr. Block's invitation link, you can also receive external point rewards
https://t.co/KUfS4TwYN7

👉 Join https://t.co/wgzAy8YXDU to get more exclusive information and benefits.

Good news $ETH and @Polymarket's token?👀

We all think we are rational people in Crypto,

but the truth is—your brain,
doesn't really understand whether this "money" is real or fake.

—————————

In a behavioral experiment, researchers had two groups of people play the same game.
One group had "fake money", but was told it was real money;
the other group had "real money", but was told it was fake.

The results were shocking:

Those with "fake money" were greedier, more impulsive, and loved to take risks.
They thought this was an opportunity, a battlefield of capitalism, and acted without hesitation.

Those with "real money" but told it was fake, were instead cautious, restrained, and tested everything,
because they subconsciously felt that "this is real money".

This is not an isolated case.
Research shows that when people use physical cash, impulsive spending decreases by more than 30%;
but when they use digital wallets, credit cards, or virtual tokens, risk tolerance and willingness to spend increase significantly.

This is why Crypto is particularly dangerous.

—————————

When you open MetaMask, Phantom,
the money on the screen looks like points, numbers, animations, Tokens.
But it can actually be exchanged for a plane ticket, a month's living expenses, or even a life choice.

You think you are playing a game,
but this is a game where you are gambling your life with real money.

We are using a "Monopoly interface" to spend "real money",
and our minds are not yet prepared to bear this cost.

Crypto is not virtual; the UI is what is fake.

If you don't take it seriously, it will leave you bankrupt.
If you treat it as a game, it will make you pay with your life.

In the crypto world, don't forget to TP, bring it back to the real world.