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Jack BlockchainJack
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🤣DeFi enthusiasts, gather 'round for a juicy tale! FTX's main exchange had a backdoor that let Alameda Research withdraw billions in customer funds, and guess what? Some employees knew about it! 🤯 🕵️‍♀️LedgerX's chief risk officer Julie Schoening found the issue and reported it, but instead of fixing it, she got fired! Talk about shooting the messenger.🔫 🎉Now, FTX founder Sam Bankman-Fried is on trial in NY, facing wire fraud charges. Will he be found guilty? Share your thoughts in the comments!👇 🚫FTX & LedgerX deny any wrongdoing, but we can't help but wonder: what's the real story here?🤔 Let's discuss! #DeFi #Web3

🤣DeFi enthusiasts, gather 'round for a juicy tale! FTX's main exchange had a backdoor that let Alameda Research withdraw billions in customer funds, and guess what? Some employees knew about it! 🤯

🕵️‍♀️LedgerX's chief risk officer Julie Schoening found the issue and reported it, but instead of fixing it, she got fired! Talk about shooting the messenger.🔫

🎉Now, FTX founder Sam Bankman-Fried is on trial in NY, facing wire fraud charges. Will he be found guilty? Share your thoughts in the comments!👇

🚫FTX & LedgerX deny any wrongdoing, but we can't help but wonder: what's the real story here?🤔 Let's discuss! #DeFi #Web3

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🚀Crypto rollercoaster alert!🎢 As we awaited the U.S. regulatory decision on ether ETFs, crypto prices went on a wild ride. ETH took a nosedive to $3,500, then skyrocketed to nearly $3,900, finally settling above $3,800 post-confirmation.🎉 BTC had its own drama, sinking to the low-$66,000s, then spiking to $68,300 before losing some gains. But ETH outperformed, advancing 1.5% over 24 hours, while BTC declined almost 3%.😎 The plot twist? Liquidations across all leveraged crypto derivative positions shot up to over $350 million!💥 Most of these were longs betting on rising prices, worth about $250 million. Looks like some traders were caught off-guard by the price plunge. ETH traders took the biggest hit, with $132 million of liquidations.😱 What's your take on this wild ride? Share your thoughts in the comments!👇 #DeFi #Web3 #CryptoDrama
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🚀SEC just gave a nod to 19b-4 forms for a spot ether ETF! A big "YAY" for DeFi and Web 3 fans! But hold your horses, it's just the first step. S-1 forms need a green light too.🚦 🎭Now, who are these brave souls looking to launch? BlackRock, Fidelity, Grayscale, VanEck, Franklin Templeton, Ark/21Shares, and Invesco/Galaxy. Quite a lineup, huh? 🎪 😂A week ago, Bloomberg's ETF analyst would've called you crazy for thinking SEC would approve. But hey, who's laughing now? Still, it's not a done deal. S-1 forms are yet to be approved.🤷‍♂️ ⏳There might be a gap before trading begins. Could be a week, could be months. But let's stay optimistic, shall we? 🌈 🔮So, what's your guess? How long till we see these ETFs trading? Drop your predictions below! 🎲 #DeFi #Web3 #SEC #EtherETF #CryptoNews P.S. SEC, if you're reading this, we're all ears for more updates! 📢
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🎉🎉Crypto enthusiasts, rejoice! The House has passed the FIT21 Act, a major win for our industry. This is the furthest any crypto-focused legislation has made it in the U.S. so far. 🚀🚀 While some folks are worried about the bill increasing the CFTC's oversight of crypto, others see it as a turning point for crypto in the U.S. 🧐🧐 But wait, there's a twist! Some crypto legal experts think we're being psyopped with this FIT21 thing. They argue it's just a way for the government to sanction what the industry has been doing without permission. 😱😱 And then there's Maxine Waters, who thinks it's one of the worst bills she's ever seen. She says the CFTC doesn't get enough authority to regulate crypto in this bill. 🤔🤔 But hey, many in the crypto industry see the bipartisan vote as a symbolic vote for crypto itself, a sign of a better future. So maybe this is one psyop worth celebrating? 🥳🥳 What do you think? Share your thoughts in the comments! Let's get this crypto conversation started! 🗣🗣 #CryptoNews #FIT21Act #DeFi #Web3
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🚀🚀In a plot twist worthy of a Hollywood blockbuster, the U.S. House of Representatives has voted to prevent the Federal Reserve from issuing a digital dollar. The CBDC Anti-Surveillance State Act, introduced by Tom Emmer, aims to block the U.S. central bank from developing a digital dollar. The reason? Fears that a U.S. CBDC could be used to control Americans.👀 🎭🎭Democrats argued the concerns were overblown and a ban would stifle public sector innovation. The vote was largely along party lines, with 213 Republicans and three Democrats for the bill, and 192 Democrats against. 🎉🎉However, the crypto community is still celebrating the House's passage of FIT21, a crypto market structure bill. This bill, which received bipartisan support, gives the U.S. Commodity Futures Trading Commission more authority over digital assets. 🍿🍿Despite the drama, both bills seem destined for a Senate stalemate. But hey, at least crypto is finally getting some recognition! What's your take on these developments? Let's chat in the comments! #DeFi #Web3 #CryptoNews
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"Blockchain's growing, but are we? 🤔 As tech and finance evolve, so must the audience. Let's face it, crypto's not just for trolls anymore! 🙅‍♂️ Crypto's critics: sideline spectators or industry influencers? 🧐 Time to balance the scales between contributions and critiques. Online communities are the heart of crypto, shaping perceptions and market trends. But beware, not all critics are trolls in disguise! 🕵️‍♂️ Constructive criticism = progress. Let's bridge the trust gap, folks! Open dialogues, AMAs, and feedback are key. 🗣️ Crypto's growing up, and it's time we did too. So, what's your take on this? Are you a critic, a contributor, or both? Drop your thoughts below! 👇 #DeFi #Web3" Note: This summary is related to DeFi, Web3.
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