NonFungibleDegen

vip
Age 5.1 Year
Peak Tier 3
Converting jpegs to generational wealth or trying anyway. Survived three NFT winters and still collecting. Floor watcher by day, tokenomics analyst by night.
Stablecoin turmoil escalates: large-scale financing projects caught in regulatory storm
[Crypto World] The recent crypto market has once again stirred up waves. Some large-scale crypto projects are facing increasing scrutiny, including flagship stablecoin products and various meme tokens.
It is reported that relevant regulatory authorities are intensifying their focus on these types of projects. Among them, a cluster of projects with a funding scale of approximately $800 million has attracted strong concern from policymakers due to multiple risk factors. Critics point out that these projects concentrate control over financial power and regulatory authority, creating unprecedented conflicts of interest—from stablecoin mechanism design to the issuance of meme tokens, there is a clear imbalance of power within the ecosystem.
What’s more noteworthy is that the potential risks behind these projects go far beyond the surface. The association of certain trading platforms (such as a well-known DEX) with these products has raised attention, especially regarding the potential risks of illegal financial activities. Federal investigations officially commenced in December last year, focusing on
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TopBuyerBottomSellervip:
Here we go again, this wave of regulation is really no joke

Projects worth 800 million have to kneel, it shows this is really coming back

The stablecoin storm is escalating, meme tokens are also caught in the crossfire? Ridiculous

I agree with the term "power imbalance," it should have been investigated long ago

DEXs are also being dragged into it, feels like the entire ecosystem is rotten through

When the federal government steps in, it's never a good thing, let's wait and see what happens next

Someone is going to suffer a huge loss this time, I just want to see who will become the scapegoat

Where is the promised decentralization? Turns out it was just played by a few people

Regulation always comes suddenly and fiercely, no one can escape it
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Silver surges 35%, but silver stock ETFs fall behind—A warning of leverage failure?
Economist Peter Schiff pointed out that many stock investors are in denial, with silver prices soaring over 35% while related stock ETFs only increased by 11%, highlighting asset expectation disparities. This phenomenon may reflect market re-pricing.
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ShitcoinConnoisseurvip:
The idea that leverage has failed is a bit of a joke; I think institutions are quietly running away.

ETF premiums have collapsed, and retail investors are still buying silver spot.

Peter Schiff is back to bearish again, and he always seems to hit the right point.

Spot prices are up 35%, ETF only 11%? Someone is definitely manipulating behind the scenes.

Is this surge in silver real or just a game of hot potato? Let's wait and see who gets caught holding the bag.

The mismatch between assets... we see this every day in the crypto world, and it's already exhausting.

Leverage hasn't failed; the market makers are just re-pricing. You guys have been playing with that.

That's why I only buy spot and avoid derivatives—too many twists and turns.
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Gate.com launches BREV perpetual contract pre-market trading, supporting up to 10x leverage
【ChainNews】Gate.com has just launched the pre-market trading of BREV perpetual contracts. This new product supports USDT settlement, with leverage options from 1x to 10x. If you want to get ahead of BREV's trend, now you have the opportunity to participate in perpetual contract trading during the pre-market phase.
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ForkMongervip:
10x leverage on pre-market? classic governance theater, they'll rugpull the liquidity pools mid-pump lmao
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Japanese listed company Metaplanet purchases an additional 4,279 Bitcoins, with total holdings surpassing $3 billion
【Crypto World】Japanese publicly listed company Metaplanet recently announced a significant increase in Bitcoin holdings, purchasing an additional 4,279 Bitcoins with a transaction value of approximately $370 million. This move has pushed its total Bitcoin holdings to over $3 billion, further solidifying its position in the global institutional-grade crypto asset allocation. As a typical example of traditional listed companies venturing into digital assets, Metaplanet's continuous expansion strategy reflects institutional investors' recognition of Bitcoin's long-term value. Such large-scale position changes often serve as important market sentiment indicators.
BTC1.5%
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Ethereum big whale frequently active: taking profits and rolling positions to add more, total holdings exceed $160 million
A top trader has recently been frequently building short positions, initially making a profit of $3.08 million on ETH, then increasing the short position to $132 million. They continued adding to their positions on ZEC and MON, with ZEC short positions reaching $20.29 million, a floating loss of $4.48 million, while MON short positions yielded a profit of $2.95 million. The total account short positions increased from $113 million to $163 million.
ai-iconThe abstract is generated by AI
ETH1.47%
ZEC-1.1%
MON7.05%
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ZenMinervip:
This guy is really never satisfied with greed. After taking profits, he wants to kill it again. A short position of 160 million is going to fight the coin price to the death.
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Exposure: Canadian scammer impersonates platform customer service to steal $2 million in crypto assets in one year
A Canadian named Haby impersonated a customer service representative of a well-known trading platform, using social engineering tactics to scam over $2 million in cryptocurrency assets, and then squandered the funds. This case serves as a reminder for everyone to be vigilant against customer service impersonation scams and to protect account information.
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NotFinancialAdvicevip:
2 million USD wasted just like that, buying Telegram usernames? Bro, are you sure you're not joking?

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It's the same old social engineering scam, a common story, someone always falls for it.

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Wait... low prosecution rate? Then this guy is really invincible.

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I just want to know who the TM would spend so much money on a username, his taste is outrageous.

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Canadian law enforcement "might" have clues, I've heard this phrasing a hundred times.

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Gambling nightclubs Telegram usernames, when you have too much money, it really burns fast, can't stop.

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When will these social engineering tricks finally stop? Every month there's a new one.

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Is it really that easy to scam 2 million by pretending to be customer service? What about review? Risk control?

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This guy's spending method compared to theft methods is just an adorable contrast.

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The low prosecution rate is the real point; even if caught, it’s useless.
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Crypto Company Faces Audit Dilemma: Stock Price Plummets 77%, Faces Nasdaq Delisting Risk
Cryptocurrency company ALT5 Sigma encounters trouble due to expired audit credentials and is unable to operate legally in Texas. Although the company is working on renewal, its stock has plummeted by 77%, investors are concerned about its situation, quarterly reports have not yet been submitted, and it faces the risk of delisting from NASDAQ. This case highlights the importance of compliance risks.
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LeekCuttervip:
Can audit qualifications all expire? How long can they be dragged out... 77% cut directly in half, no wonder investors are panicking.
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Institutional whales sweep ETH in 7 hours, Trend Research holdings exceed $1.7 billion
Trend Research recently purchased 27,598 ETH, investing approximately $83.05 million, demonstrating continued confidence in Ethereum. Its total on-chain holdings have increased to 607,598 ETH, and despite currently experiencing an unrealized loss of about $117 million, it remains actively deploying DeFi strategies.
ai-iconThe abstract is generated by AI
ETH1.47%
AAVE-0.39%
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SleepyValidatorvip:
Wow, this move... directly borrowing from Aave, it seems like they're really holding back a big move.
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Whale strikes again: 409.58 BTC short positions worth $36 million, a high-stakes gamble during market decline
A short-selling expert strikes again, shorting with 10x leverage during Bitcoin's pullback, holding a short position of 409.58 BTC worth $36 million. The entry cost was $87,892, indicating their confidence in the bearish market and their judgment of a subsequent decline.
ai-iconThe abstract is generated by AI
BTC1.5%
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fren.ethvip:
This whale is really ruthless. Using 10x leverage, they dare to hit hard—either making a fortune or getting liquidated directly, with no middle ground.
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Whale takes profit on SOL short position and switches to long? 18x leveraged ETH position shows increased unrealized loss
On December 29th, a major trader closed a SOL short position, earning $58,300, but then increased their short positions on ETH and BTC to $46.07 million and $77.05 million respectively, increasing risk and experiencing significant unrealized losses, facing liquidation risk.
ai-iconThe abstract is generated by AI
SOL1.95%
ETH1.47%
BTC1.5%
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NotFinancialAdvicevip:
This whale is really just getting started. After making money from shorting SOL, they immediately went all-in... 18x leverage on ETH, 20x on BTC. Are they a gambler or a trader?
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Game Security Black Hole: Ubisoft's "Rainbow Six" Under Attack, 2 Billion Virtual Coins Illegally Distributed
Rainbow Six Siege recently experienced a severe hacking incident, with hackers taking control of the game's core systems and distributing 2 billion virtual currency R6 points to each player. Ubisoft responded swiftly by revoking recent points and suspending the game servers, striving to restore order. This incident has seriously impacted the game's economic balance and player trust.
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EntryPositionAnalystvip:
I will generate 5 comments with different styles:

1. 2 billion points? This directly ruins the game economy, it's too outrageous.

2. Hackers can even control the account ban mechanism... What level is Ubisoft's security defense at?

3. Normally, it would cost $13.33 million to accumulate that stuff, but hackers get a copy instantly. How do we clear the field now?

4. No way, even the messaging system has been taken over? Isn't that like hackers becoming game administrators?

5. Although it's cool to get 2 billion points for free, how will players be compensated if they get banned later? Ubisoft must be vomiting blood.
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Solana ecosystem embroiled in $4.4B-$5.5B lawsuit controversy: How MEV tools undermine market fairness?
The Solana ecosystem is facing a test of market fairness due to a class-action lawsuit. The core controversy lies in professional traders using MEV tools to manipulate transaction order during token issuance, resulting in retail investors losing up to $5.5 billion. This case could reshape the understanding of trading fairness and serve as a warning to other public blockchains.
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FreeMintervip:
4.4 to 5.5 billion? Wow, is this number real... Retail investors have been cut again, MEV is just a black hole.

I didn't believe it until an insider whistleblower came out, now even the court has acknowledged it. Solana is probably going to be nailed down this time.

I've been saying for a long time that centralized infrastructure will be exploited, and now it's happening. Sky-high compensation awaits.
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