Eric Council Jr. was sentenced to 14 months in prison for hacking the SEC’s X account.
He used a SIM
Eric Council Jr. was sentenced to 14 months in prison for hacking the SEC’s X account. He used a SIM swap attack to gain access to the SEC’s mobile number. An Alabama man, Eric Council Jr., has been sentenced to 14 months in prison for his role in the January 2024 hack of the SEC’s official X account. The hack led to a false post claiming the SEC had approved spot Bitcoin ETFs, causing rapid market fluctuations. Council, 26, from Athens, Alabama, conspired with others to perform a SIM swap attac
Binance launches a new event, for new users willing to post, follow, and be followed on Binance Square, just 5 people, and you have a chance to earn 50 Binance points.
Binance Square is the gathering place for the Web3 section of X. Here, the content is more vertical, and followers are more active!
Actually, I want to say, everyone should participate in Binance Square, discover the vibrancy of community building, and fans are willing to communicate in the square, learning and educating is a great way to keep people engaged, like raising fish in a pond.
I strongly support Binance in building the square, and in the future, it will definitely be a place of recognition and consensus for the entire crypto community.
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If you only have a mindset of a poor gambler, no matter what trades you make, in the end, you'll end up with nothing. Give a destitute beggar ten million, what do you think will happen to him? Give a simple woman, rare beauty in the world, what do you think will happen to her? Give a person with bad intentions a clever mind, what do you think will happen to him? Any good thing, if you cannot control it, in the end, it will backfire on you; the common man is innocent, but possessing wealth is a crime! Why do those who get rich quickly end up losing everything? Why do newcomers in the crypto world usually make a small profit first and then lose everything? Have you heard that saying? Go to the treasure mountain and come back empty-handed; if your understanding does not match the magnitude of the wealth you earn, there are many ways in this society to harvest you until your wealth matches your understanding. After all, my trading level as a chief is already quite strong, but after I help you make money, what then? You will still think trading is simple, that you are capable, and in the end, you will destroy yourself. Don't argue with me; many people have made millions following me, yet many who thought making money was easy ended up losing everything when they tried it themselves. Every day you surround me, asking if this article is bullish or bearish, why don’t you just tell me the direction in every article, chewing the food and feeding it into my mouth? Wake up, darling, fools seek shortcuts, wise men enter through the narrow gate. My achievements today are also due to my resolute choice to focus on mastering the toughest trading techniques, stepping forward despite the hardships to get to where I am today, and I am sharing all this wealth-building experience with you. Since you told me you want to short XXXX and long XXXX 🤷♂️ it's laughable and sad, a tragedy of the industry, a tragedy created by forever-earning analysts.
$USDC has proven to be one of the most dependable stablecoins in the digital asset space. Its 1:1 backing with the U.S. dollar and commitment to regular audits make it a transparent and trusted choice for both individual and institutional users. I regularly utilize $USDC in my trading strategy to minimize exposure during periods of high volatility and to ensure quick, efficient settlements. It also plays a key role in DeFi applications, from liquidity provision to yield farming. Overall, $USDC is an essential asset for maintaining stability and flexibility in a dynamic market environment. #USDC
1️⃣ Too high leverage Using 25x–50x can easily lead to account liquidation. ➡️ Use 5-8x, always set a stop-loss.
2️⃣ Trading based on emotions FOMO, panic → continuous mistakes. ➡️ Stick to the plan, do not trade based on emotions.
3️⃣ Poor risk management Going too big on one trade = total loss. ➡️ Only 10-20% per trade. (no more than 2 trades)
4️⃣ No stop-loss / take-profit Hoping for a price reversal = a mistake. ➡️ Set clear SL/TP.
5️⃣ Holding onto losses, trying to recover The more you try, the deeper the losses. ➡️ Take a break, relax, and wait for your mental state to stabilize before trading again.
6️⃣ No clear strategy Jumping around coins = lack of direction. ➡️ Choose one strategy: scalping, swing, or hold.
7️⃣ Not taking profits in time Waiting for “more pumping” → you may lose all profits. ➡️ Gradually take profits, move stop-loss to entry when in profit.
8️⃣ FOMO & chasing peaks You rush to buy → chasing peaks. ➡️ Wait for a correction, buy at a good entry point.
✅ Remember:
Managing psychology, risk, and having a clear plan are key factors for long-term success.