Smart Earners Team
Blockchain Developer. Trader. Strategist.
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BTC #7 top asset in the world 🌎
The whole market cap could X2 before end of the cycle..
Meaning $BTC BTC could take the second position as a world top asset.
The whole market cap could X2 before end of the cycle..
Meaning $BTC BTC could take the second position as a world top asset.
👮 Bitfinex Hacker Sentenced: 5 Years for "Masterclass in Bitcoin Laundering"
Ilya Lichtenstein, mastermind behind the $4.5 billion Bitfinex Bitcoin heist, just scored five years in prison - longer than most crypto investors hold their coins.
Teaming up with his rapper wife, Heather "Razzlekhan" Morgan, Lichtenstein used sophisticated hacking to swipe 119,754 BTC back in 2016, then spent years "strategically" trying to cash out, only to get caught by blockchain forensics.
Ilya Lichtenstein, mastermind behind the $4.5 billion Bitfinex Bitcoin heist, just scored five years in prison - longer than most crypto investors hold their coins.
Teaming up with his rapper wife, Heather "Razzlekhan" Morgan, Lichtenstein used sophisticated hacking to swipe 119,754 BTC back in 2016, then spent years "strategically" trying to cash out, only to get caught by blockchain forensics.
South Korean Exchange Upbit Faces Possible $42.9 Billion Fine
Upbit is under investigation for allegedly violating KYC (Know Your Customer) procedures — with around 600,000 reported cases. Each violation could cost them $71,500, potentially adding up to a staggering $42.9 billion.
Upbit is under investigation for allegedly violating KYC (Know Your Customer) procedures — with around 600,000 reported cases. Each violation could cost them $71,500, potentially adding up to a staggering $42.9 billion.
Meet Stanley Druckenmiller, one of the greatest investors ever. His fund returned over 30% annually for 30 years without a single down year.
Here is his philosophy:
💬 "Never invest in today, always invest in the future" Visualize where the market will be in 18 months, not where it is now.
👁️ "Keep your eye on liquidity"
Markets move on liquidity, not earnings.
🔭 "Don't be afraid of concentration"
Risk comes from not knowing, not from focus.
👨🏫 "Learn different asset classes" The future belongs to those who adapt to new trends.
🌎 "It's not about being right, but how much you make"
Focus on asymmetric opportunities.
📊 "Good investing requires stomach, not IQ"
Emotional control trumps intelligence.
↗️ "When you have conviction, bet big"
Small bets are missed opportunities.
⚖️ "Always remain flexible"
Adapt when circumstances change.
Here is his philosophy:
💬 "Never invest in today, always invest in the future" Visualize where the market will be in 18 months, not where it is now.
👁️ "Keep your eye on liquidity"
Markets move on liquidity, not earnings.
🔭 "Don't be afraid of concentration"
Risk comes from not knowing, not from focus.
👨🏫 "Learn different asset classes" The future belongs to those who adapt to new trends.
🌎 "It's not about being right, but how much you make"
Focus on asymmetric opportunities.
📊 "Good investing requires stomach, not IQ"
Emotional control trumps intelligence.
↗️ "When you have conviction, bet big"
Small bets are missed opportunities.
⚖️ "Always remain flexible"
Adapt when circumstances change.
🎬 Apple Studios to Make a Movie on Sam Bankman-Fried and FTX’s Exchange Collapse
It’s Apple Studios and A24 who are working on a flick about the crypto legend-turned-polycule: Sam “SBF” Bankman-Fried, so probably will make him black and gay.
Who’s the best actor to play SBF? Share your answer in the comments!
It’s Apple Studios and A24 who are working on a flick about the crypto legend-turned-polycule: Sam “SBF” Bankman-Fried, so probably will make him black and gay.
Who’s the best actor to play SBF? Share your answer in the comments!
😂
Where we are should be obvious! Let me know your thoughts in the comments section below 👇👇
Procrastination made me miss PNUT at $0.3 (5X+ at current price)
Might keep going up but not going to FOMO
Make that decision now 🫵🏽
Might keep going up but not going to FOMO
Make that decision now 🫵🏽
Well, JSYK.. this is not even ATH year..
In 2 lunation we'll be migrating from halving year to the peak year. 🤑🤑
Fundamentally.
In 2 lunation we'll be migrating from halving year to the peak year. 🤑🤑
Fundamentally.
ALTS are gonna lose their minds when $BTC settles down.
🗿✨
Probably nothing.
#BETTER BELIEVE IT
🗿✨
Probably nothing.
#BETTER BELIEVE IT
Evolving Decentralization: dYdX Chain v1.0 Takes Flight on Cosmos
With the release of its open-source code and the official launch of dYdX Chain v1.0 on Cosmos, dYdX has taken a monumental stride towards full decentralization, aligning itself with the broader ethos of the decentralized finance (DeFi) movement.
This article explores how dYdX differentiates itself from other decentralized exchanges (DEXs), the impact of community-centric operations on the dYdX Chain, and how the open-sourcing of the app-chain resonates with the core principles of decentralization.
dYdX Chain v1.0 Release
dYdX Chain v1.0's release on Cosmos marked a momentous occasion for both dYdX and the broader decentralized finance (DeFi) sector. The open-source code for this independent blockchain, capable of handling 2,000 transactions per second (TPS), has been fully audited, bolstering the robustness and trust in the platform. With the dYdX Chain, the company aims to further decentralize its operations by relinquishing control over infrastructure management and trading fee revenue to the community.
The dYdX Chain is now live and fully open source, welcoming the development of decentralized applications (dApps) on its platform.
Differentiating Factors
dYdX has always been at the forefront of pioneering change to enhance user experience in the decentralized finance (DeFi) realm. dYdX sets itself apart from other DEXs through a combination of professional user interface, extensive crypto asset support, and innovative risk management mechanisms. Its trading interface is more professional, providing an interactive web interface and a mobile application for iOS devices, which contrasts with the user-friendly but simpler interfaces of some competitors like GMX.
Furthermore, dYdX supports a broad range of cryptocurrencies for trading, including popular perpetual trading pairs, which is more extensive than some other DEXs. Additionally, dYdX has adopted mechanisms like an insurance fund and a "deleveraging" process to maintain system solvency and stability, which are not commonly found in other DEXs.
Community-Centric Operations
By transitioning to a fully decentralized model, dYdX is handing over the reins of its infrastructure and revenue model to the community. Unlike the previous model, dYdX Trading will not manage the infrastructure nor earn trading fee revenue, thus making community members the custodians of the dYdX Chain's operation and deployment.
This approach of open-source development and community governance is aimed at promoting transparency and fostering a collaborative ecosystem, where community members are incentivized to contribute to the project's growth and sustainability.
Alignment with Decentralization Ethos
The move to fully open-source the app-chain is in harmony with the larger ethos of decentralization. By making the code public, including core repositories like the validator software, indexer, web front end, among others, dYdX is embracing transparency and enabling community involvement in the project's development and governance. This open-source approach aligns with the principles of blockchain transparency, underscoring dYdX's commitment to creating a more open, transparent, and permissionless financial ecosystem.
The release of dYdX Chain v1.0 is a testament to dYdX's mission to democratize access to financial opportunities, reflecting the broader aspiration within the DeFi sector to disrupt traditional financial systems and create more inclusive financial products and services.
The dYdX Chain's open-sourcing is a pivotal step in fulfilling this mission, setting a precedent for other DEXs and blockchain projects in the pursuit of decentralization and community-driven development.
Through this initiative, dYdX not only enhances its platform's transparency and trust but also enriches the broader DeFi ecosystem by fostering a culture of collaborative innovation and community empowerment. With the reins now in the hands of the community, the trajectory of dYdX Chain's growth is poised for exciting turns, embodying the true spirit of decentralization.
$DYDX #dydx
This article explores how dYdX differentiates itself from other decentralized exchanges (DEXs), the impact of community-centric operations on the dYdX Chain, and how the open-sourcing of the app-chain resonates with the core principles of decentralization.
dYdX Chain v1.0 Release
dYdX Chain v1.0's release on Cosmos marked a momentous occasion for both dYdX and the broader decentralized finance (DeFi) sector. The open-source code for this independent blockchain, capable of handling 2,000 transactions per second (TPS), has been fully audited, bolstering the robustness and trust in the platform. With the dYdX Chain, the company aims to further decentralize its operations by relinquishing control over infrastructure management and trading fee revenue to the community.
The dYdX Chain is now live and fully open source, welcoming the development of decentralized applications (dApps) on its platform.
Differentiating Factors
dYdX has always been at the forefront of pioneering change to enhance user experience in the decentralized finance (DeFi) realm. dYdX sets itself apart from other DEXs through a combination of professional user interface, extensive crypto asset support, and innovative risk management mechanisms. Its trading interface is more professional, providing an interactive web interface and a mobile application for iOS devices, which contrasts with the user-friendly but simpler interfaces of some competitors like GMX.
Furthermore, dYdX supports a broad range of cryptocurrencies for trading, including popular perpetual trading pairs, which is more extensive than some other DEXs. Additionally, dYdX has adopted mechanisms like an insurance fund and a "deleveraging" process to maintain system solvency and stability, which are not commonly found in other DEXs.
Community-Centric Operations
By transitioning to a fully decentralized model, dYdX is handing over the reins of its infrastructure and revenue model to the community. Unlike the previous model, dYdX Trading will not manage the infrastructure nor earn trading fee revenue, thus making community members the custodians of the dYdX Chain's operation and deployment.
This approach of open-source development and community governance is aimed at promoting transparency and fostering a collaborative ecosystem, where community members are incentivized to contribute to the project's growth and sustainability.
Alignment with Decentralization Ethos
The move to fully open-source the app-chain is in harmony with the larger ethos of decentralization. By making the code public, including core repositories like the validator software, indexer, web front end, among others, dYdX is embracing transparency and enabling community involvement in the project's development and governance. This open-source approach aligns with the principles of blockchain transparency, underscoring dYdX's commitment to creating a more open, transparent, and permissionless financial ecosystem.
The release of dYdX Chain v1.0 is a testament to dYdX's mission to democratize access to financial opportunities, reflecting the broader aspiration within the DeFi sector to disrupt traditional financial systems and create more inclusive financial products and services.
The dYdX Chain's open-sourcing is a pivotal step in fulfilling this mission, setting a precedent for other DEXs and blockchain projects in the pursuit of decentralization and community-driven development.
Through this initiative, dYdX not only enhances its platform's transparency and trust but also enriches the broader DeFi ecosystem by fostering a culture of collaborative innovation and community empowerment. With the reins now in the hands of the community, the trajectory of dYdX Chain's growth is poised for exciting turns, embodying the true spirit of decentralization.
$DYDX #dydx
Once upon a time in the bustling city of "Cryptoville", the word on every street was about a mysterious digital entity known as Bitcoin. This wasn't a new name in the city; in fact, it was the legend that carried tales of fortune and doom in the same breath. However, recent days saw a fresh wave of hope gushing through the veins of the city, painting the town with hues of green.
Bitcoin was no ordinary entity; it was the first of its kind, a cryptocurrency, a digital asset that lived on the blockchain.
The air was thick with anticipation as Bitcoin rose from the shadows, its value dancing around the $33,920 mark, hinting at the dawn of a new era. The streets buzzed with rumors and whispers of a majestic bull run, with tales of Bitcoin climbing past $35k and setting sights even further beyond, to the mystical realm of $40k.
The trigger was the whisper of a 'Spot Bitcoin ETF'. The ETF could bring Bitcoin into the portfolios of traditional investors, bridging the worlds of crypto and traditional finance. The bullish spirits were ignited, and the market's heart raced with every tick of the $BTC chart.
Yet, amidst the jubilation, a voice of reason echoed through the crowd. The market sentiment was indeed volatile, swayed by emotions and trends. It was a land of both immense hope and speculative fear.
As #Bitcoin rode the waves of market sentiment, it knew that its journey was far from over. Its tale was intertwined with the hopes, fears, and aspirations of those who believed in the potential of decentralized finance.
The city of Cryptoville stood at the cusp of history, as citizens, traders, and dreamers alike waited with bated breath to see if Bitcoin would indeed unveil a golden era or if the gray clouds of uncertainty would once again cast their shadows. The story of Bitcoin was etched in every corner of Cryptoville, a narrative of dreams, risks, and the eternal chase of digital gold.
Through the ups and downs, Bitcoin carried the torch of innovation, illuminating the path toward a new financial frontier.
Bitcoin was no ordinary entity; it was the first of its kind, a cryptocurrency, a digital asset that lived on the blockchain.
The air was thick with anticipation as Bitcoin rose from the shadows, its value dancing around the $33,920 mark, hinting at the dawn of a new era. The streets buzzed with rumors and whispers of a majestic bull run, with tales of Bitcoin climbing past $35k and setting sights even further beyond, to the mystical realm of $40k.
The trigger was the whisper of a 'Spot Bitcoin ETF'. The ETF could bring Bitcoin into the portfolios of traditional investors, bridging the worlds of crypto and traditional finance. The bullish spirits were ignited, and the market's heart raced with every tick of the $BTC chart.
Yet, amidst the jubilation, a voice of reason echoed through the crowd. The market sentiment was indeed volatile, swayed by emotions and trends. It was a land of both immense hope and speculative fear.
As #Bitcoin rode the waves of market sentiment, it knew that its journey was far from over. Its tale was intertwined with the hopes, fears, and aspirations of those who believed in the potential of decentralized finance.
The city of Cryptoville stood at the cusp of history, as citizens, traders, and dreamers alike waited with bated breath to see if Bitcoin would indeed unveil a golden era or if the gray clouds of uncertainty would once again cast their shadows. The story of Bitcoin was etched in every corner of Cryptoville, a narrative of dreams, risks, and the eternal chase of digital gold.
Through the ups and downs, Bitcoin carried the torch of innovation, illuminating the path toward a new financial frontier.
Crypto currency markets becomes perturbed over Satoshi X account becoming active again.
Welcome to #October folks. I hope all your wishes come true this month! 🍂✨ What would you like to wish for?
Whether it's related to personal goals, happiness, health, or any other aspect of your life, feel free to share your wish or ask for ideas, and I'll do my best to assist you.
May this month bring you happiness and fulfillment.
#uptober #binancefeed
Whether it's related to personal goals, happiness, health, or any other aspect of your life, feel free to share your wish or ask for ideas, and I'll do my best to assist you.
May this month bring you happiness and fulfillment.
#uptober #binancefeed
QUICK TAKE
Tether’s stablecoin $USDT has de-pegged as the #Curve 3Pool became heavily imbalanced.
Tether CTO Paolo Ardoino said the stablecoin issuer is “ready to redeem any amount.”
Chart credits: @Coinmarketcap (https://coinmarketcap.com/currencies/tether/)
#Tether #StableCoin #depegged
Tether’s stablecoin $USDT has de-pegged as the #Curve 3Pool became heavily imbalanced.
Tether CTO Paolo Ardoino said the stablecoin issuer is “ready to redeem any amount.”
Chart credits: @Coinmarketcap (https://coinmarketcap.com/currencies/tether/)
#Tether #StableCoin #depegged
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