小网虫

I I I am frustrated, why are you still stealing the house? Damn, it was all for nothing
I seek comfort, contact $BTC

Binance alpha's behavior today is really ugly, two transactions totaled over 100 U. Damn it, what kind of idiot alpha is this? If they don't fix it properly, fire the stupid programmers, let's defend our rights!

A token is worth twenty million BNB, what the hell is this, can someone explain it?

A brief talk about Binance's content mining (Part 1): The most useless of the useless
Rules:
1. You can earn a 5% commission rebate by posting. Be sure to read the following:
If a reader clicks on your content to trade directly and meets the requirements, you can earn a 5% commission on the reader's transaction fees.
2. After the user confirms the registration for this event, the short posts, long articles or votes manually posted on Binance Square can be regarded as content that meets the requirements.
3. Binance will calculate the cumulative commission income of each qualified participant every weekend and distribute the weekly commission income in the form of FDUSD to the fund account of the qualified creators of Binance Square before 23:59 (UTC) on Thursday of the following week.
4. The commission reward will only be distributed to qualified Binance Square creators when the weekly commission reward value accumulates to at least 0.1 FDUSD. ·Creators can get a 5% commission rebate reward from the spot, leverage, and contract transactions (excluding copy trading) of ordinary users and VIP 1-2 readers.
Does it mean that only readers who click on the relevant currency transactions marked by the content creators are eligible? How many readers will directly click on the currency transactions from the square? 👎

Summary: It feels so bullshit
Expected return: zero
Cost: a lot of time
Suggestion: Readers should not invest rashly directly through the square, and should think carefully about investment

$BTC $ETH $SOL

FBI tracks cryptocurrency movements and arrests dark web drug market boss in New York

The FBI recently arrested a 23-year-old man in New York, charging him with operating a $100 million dark web drug trading market. The man is called Lin Ruixiang, who goes by the online name "Pharoah". He is accused of operating a dark web drug trading platform called Incognito Market.
Incognito Market is an onion-based e-commerce platform where users can buy and sell drugs using Bitcoin and Monero. The market allegedly requires users to use its crypto services and squeezes 5% of the profit from each transaction. The market was closed in March this year. Lin Ruixiang was charged with participating in a criminal gang, conspiracy to traffic in drugs, conspiracy to sell improper drugs, and money laundering. If convicted, he faces life in prison.
The FBI said they discovered Lin Ruixiang's true identity by tracking cryptocurrency transfers. Lin Ruixiang's cryptocurrency wallet allegedly received funds from Incognito Market and transferred them to an unnamed cryptocurrency exchange account.
According to the testimony, Lin Ruixiang's cryptocurrency exchange account deposits increased from about $63,000 in 2021 to nearly $4.2 million in 2023, and a second unnamed exchange account deposited $4.5 million between July and November last year.

Bitcoin Pizza Day:

Bitcoin Pizza Day is an event celebrated on May 22 every year to commemorate an iconic event in the early history of Bitcoin, Bitcoin Pizza Day. On this day, people usually gather together to celebrate the development of Bitcoin and share pizza to commemorate the historic moment when Laszlo Hanyecz bought a pizza with Bitcoin.

Bitcoin Pizza Day is a community-driven event that attracts Bitcoin enthusiasts and supporters to participate. People may hold dinners, social events or online events to celebrate the development of Bitcoin and discuss the future of cryptocurrency. The festival is also an opportunity for people to look back on the development of Bitcoin from the genesis block to the present, and the impact of cryptocurrency on the global economic and financial system.

Although Bitcoin Pizza Day is not an official holiday, it has become a tradition in the Bitcoin community, symbolizing the history of Bitcoin's development and its future potential. This celebration is not only a tribute to Bitcoin, but also a commemoration of that groundbreaking moment and a recognition of the evolution of Bitcoin and blockchain technology.

Musk's AI empire needs Tesla more than ever!

As the demand for capital and data continues to grow, Tesla's position in the "Musk Economy" has become increasingly important. Morgan Stanley pointed out that Elon Musk's broader business groups may invest tens of billions of dollars in artificial intelligence (AI) infrastructure in the next few years, highlighting the key role of the electric car giant in this interconnected ecosystem.
Analysts emphasize that capital costs are a key factor in determining AI hegemony. They believe that Tesla's success will play an important role in reducing the cost of capital for the entire Musk Economy. Conversely, if Tesla gets into trouble, the cost of capital for Musk's interconnected business network will rise. In addition to capital costs, Tesla's internal data, infrastructure construction and monetization channels are crucial to Musk's artificial intelligence efforts.
Therefore, Tesla's position in the "Musk Economy" is more critical than ever. It is not only part of Elon Musk's business empire, but also one of the key drivers in the field of artificial intelligence. With the rise of artificial intelligence, Tesla will play a comprehensive role that integrates capital, data and technology, injecting new vitality and momentum into the "Musk Economy".

Retik Finance (RETIK)’s presale event was a huge success, demonstrating investor confidence in the project’s vision and potential. The presale was conducted in ten phases and saw a large participation from investors eager to gain a share of the future of decentralized finance. In just a short period of time, Retik Finance (RETIK) raised a staggering $32,050,000, exceeding initial expectations and highlighting the growing demand for innovative DeFi solutions. The success of the Retik Finance (RETIK) presale can be attributed to multiple factors, including its strong fundamentals, innovative products, and strategic marketing efforts. Investors were attracted by the project’s commitment to providing cutting-edge DeFi solutions to meet the evolving needs of users in the digital economy. In addition, Retik Finance’s transparent and community-driven approach resonated with investors, reinforcing trust and confidence in the long-term viability of the project.

With the end of the presale event, all eyes are on Retik Finance (RETIK) as it begins its official launch on Uniswap and multiple exchanges. The launch, which takes place on May 21, 2024, marks a major milestone for the project and its community of supporters. Investors and crypto enthusiasts alike are ready for the opportunity to trade RETIK tokens on these platforms, with significant price volatility and trading volumes expected. The decision to launch on Uniswap, a leading decentralized exchange (DEX), underscores Retik Finance’s commitment to decentralization and accessibility. By listing on Uniswap, Retik Finance ensures that its tokens are available to traders around the world, without the restrictions and barriers that typically exist on centralized exchanges. Additionally, the project plans to expand its reach by listing on multiple exchanges, further enhancing liquidity and market access for the RETIK token.

New programming features that could be added to Bitcoin could help the leading crypto asset offset Ethereum’s early advantage in being able to deploy decentralized finance (defi) on layer one (L1), says Tycho Onnasch, co-founder of Zest Protocol. Onnasch believes that once enough Bitcoin layer two solutions (L2) are deployed and trusted by users, the Bitcoin DeFi ecosystem will rival Ethereum’s, and possibly even surpass it.

The world has realized that BTC is an incredible store of value asset. However, the Bitcoin network (rails) on which the asset resides can do more — and this use of the Bitcoin network, in turn, is necessary to maintain Bitcoin as a store of value. Bitcoin can only be a store of value if a large decentralized network of miners continues to protect it. With each Bitcoin halving, the incentive to mine Bitcoin purely for the protocol reward weakens. This reward needs to be replaced with transaction fees. Bitcoin maxis always believe that payments will incur these fees. However, a new wave of builders have risen up to use the Bitcoin network as a decentralized global computer for a range of other use cases — whether it’s NFTs, defi, or something else. Defi is BTC’s most critical application. A store of value needs to be used financially to be useful to its holders. If they cannot buy, sell, borrow, lend or pledge the asset, then the asset cannot succeed as a store of value. Centering financial activity around Bitcoin as an on-chain asset is critical to its further development and adoption as a global reserve asset.

SEC's attitude changes 180 degrees, ETH soars

On May 20, according to CoinDesk, people familiar with the matter said that the US SEC asked potential issuers to speed up the update of 19b-4 applications for spot Ethereum ETFs (19b-4 is a form used to inform the SEC of rule changes that allow funds to be traded on exchanges), indicating that they may approve these applications before the key deadline this Thursday.

Subsequently, Bloomberg ETF analyst Eric Balchunas said on social media: "James Seyffart and I raised the chances of approval of the spot Ethereum ETF from 25% on Monday to 75%. This afternoon, I heard that the SEC may make a 180-degree turn on this issue (increasingly political), so everyone is busy (like us, others think they will refuse)".

It is reported that the SEC needs to make a final decision on VanEck's spot Ethereum ETF application by May 23. Bloomberg ETF analyst James Seyffart said that the launch of the spot ETF also requires the approval of the S-1 application, so it may take several weeks or even months.

Subsequently, James Seyffart listed all the applications for Ethereum spot ETFs. The US SEC will face the deadline for multiple ETF applications this week. Eric Balchunas replied: "I heard that the SEC hopes that the revised 19b-4 document will be submitted before 10 am tomorrow, and it may be passed as early as Wednesday."

Source X

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