Forbes lists 20 "zombie tokens" with a market value of more than $1 billion, including: XRP, #ADA , #BCH , #LTC , ICP, ETC, XLM, STX, KAS, THETA, FTM, XMR, AR, ALGO, FLOW, EGLD, BSV, MINA, XTZ, EOS. For example, XRP has a market capitalization of $36 billion, and #XRP network transaction fees last year were only $583k.
The Dubious Launch of #BRETT Token Raises Eyebrows
In the fast-paced world of #cryptocurrency , a fair launch is paramount to ensure trust and integrity within the community. However, recent revelations about the launch of #BRETT have sparked controversy, shedding light on potential insider dealings and questionable practices. A vigilant observer, @artibian_maxi, brought attention to an intriguing anomaly surrounding the $BRETT token launch. It was discovered that during the initial phase, a brief window existed where only whitelisted wallets had access to purchasing the token. Upon closer examination, it was revealed that these whitelisted addresses were predetermined and injected into the contract during its creation. The data exposed a startling truth: out of 139 whitelisted wallets, a staggering 108 participated in purchasing $BRETT during this exclusive period. Delving deeper into the transactions made by these privileged wallets before public trading commenced, a startling pattern emerged. Over 81% of the token supply was effectively cornered by these select few before the broader market had a chance to participate. One individual, @InvestWithRex, came under scrutiny for his involvement in the affair. Known for promoting tokens on #TikTok and in his #Telegram channel, it was discovered that nearly 2% of the $BRETT supply found its way into his possession through transactions from whitelisted wallets. Further investigation led to the revelation of his primary wallet address, which served as a conduit for funds received from various token promotions. These included tokens like EMERALD, DCI, RING, and DGI, all of which were actively promoted without disclosure on his platforms. Confronted with these findings, @InvestWithRex resorted to silencing dissent within his Telegram channel, raising suspicions regarding his motives and transparency. What can investors glean from this exposé? It underscores the importance of skepticism and diligence in the volatile world of cryptocurrency. While flashy success stories may abound on social media, discerning investors are urged to rely on verifiable on-chain data rather than succumbing to the allure of hype and FOMO. In the face of uncertainty, staying true to one's investment strategy and exercising caution can safeguard against falling victim to potential schemes and manipulation. Ultimately, trust in what transpires on the blockchain, not the promises peddled on social media, is paramount in navigating the crypto landscape. As the community reflects on the $BRETT saga, it serves as a sobering reminder of the need for transparency and fairness in token launches, lest trust be eroded and confidence shattered.
2 wallets whitelisted by #Brett Deployer made 890.6 $ETH ($3.14M) with only 0.034 $ETH($102), a gain of 30,830x!
What an amazing gain!
Wallets"0x1f72" and "0x8996" spent 0.034 $ETH($102) to buy 172.56M $BRETT.
Then sold 122.74M #BRETT for 890.65 $ETH($3.14M) on-chain via multiple wallets.
Wallets "0x1f72" and "0x8996" are both whitelisted by #Brett Deployer, which you can check in the transaction hash. https://basescan.org/tx/0x9c18c50988784c501e7ff16e913f2ba5c6b6e504ed6d7d63914326368a278b50…
According to @shady_oak1, 139 addresses are whitelisted. https://twitter.com/shady_oak1/status/1783623226557640708
Wallets "0x1f72" and "0x8996" are the two most profitable addresses we track. https://basescan.org/token/0x532f27101965dd16442e59d40670faf5ebb142e4?a=0x1f72007138690934cde217c95c550a8bcb13cccf https://basescan.org/token/0x532f27101965dd16442e59d40670faf5ebb142e4?a=0x899624126624a645d93a3724553893cafce06a66
f****g #uniswap man. their documentation looks comprehensive on surface level, but it's often wrong if not outright malicious. i can forgive forgetting to tell the devs that you need to pass a tuple, or misrepresenting the return value, but not messing up the argument order.
(vivek4real) Before yesterdays #bitcoin halving, someone paid $500,000 fees for their $0.70 amount transfer to be included in the #Bitcoin halving block $BTC
#VitalikButerin (vitalik.eth) transferred 100 #ETH (approximately $325,000) to #Railgun at 17:40 UTC+8 today. Railgun is a EVM privacy protocol that enables #DeFi private transactions. Over the past six months, Vitalik Buterin has been interacting with the Railgun using small amounts of ETH basically every month. ipns://railgun.org/
(virusbtn) Volexity found a 0-day exploitation of a vulnerability in GlobalProtect ( CVE-2024-3400 ). The threat actor, UTA0218, attempted to install UPSTYLE, a custom #Python backdoor, on the firewall, allowing the attacker to execute additional commands on the device.
The v1.17.31 release is now recommended for general use by MainnetBeta validators. This release contains enhancements which will help alleviate the ongoing congestion on the #Solana Network.
AI-DOL, an innovative project, is reshaping entertainment with AI-powered virtual idols, blending advanced technologies like audio-to-animation and text-to-music. Led by a vision to deepen fan connections, AI-DOL's first girl band is rapidly gaining popularity on TikTok, with plans to expand globally and revolutionize music consumption. Strategic partnerships with #TikTok creators and renowned artists promise further growth. Backed by #VirtualProtocol and industry leaders, AI-DOL's diverse team ensures success in the digital age. Join the journey into the future of virtual entertainment by following AI-DOL on their platforms. #AI
The CEO of #Tether , the world's leading stablecoin, is spearheading a new peer-to-peer technology project aimed at decentralizing financial control. Tether plans to invest tens of millions of dollars into #Keet , a chat and video conferencing app developed by Holepunch, with the goal of making it one of the world's top three communication applications. This initiative, built on the Pear Runtime protocol, aligns with Tether's vision of offering greater financial freedom and challenging the dominance of big tech companies. Paolo Ardoino, CEO of Tether, emphasizes the company's commitment to the bitcoin mission of empowering individuals with financial autonomy. Keet, leveraging Pear Runtime's peer-to-peer architecture, eliminates the need for centralized servers, reflecting Tether's ethos of decentralization. The investment in Keet is part of Tether's broader strategy to support ventures aligned with its vision of financial liberation. Despite regulatory challenges, Tether remains a key player in the #cryptocurrency industry, providing liquidity and stability to the market. Keet, as the flagship application using Pear Runtime, offers users direct connections for communication and includes cryptocurrency functionalities such as a Lightning wallet, with plans to integrate Tether in the future. While Tether's dominance in the #stablecoin market has raised scrutiny and criticism regarding transparency and regulatory compliance, Ardoino stresses the company's commitment to working with law enforcement agencies to track illegal activities. Tether is closely monitoring regulatory developments, including stablecoin regulations in Hong Kong, where it aims to engage with local firms. Ardoino sees Keet as more than just a communication tool; it embodies an ideological message of empowerment and decentralization. As Tether continues to innovate and invest in projects like Keet, it seeks to redefine the landscape of financial technology and promote financial freedom worldwide- SCMP
#HashKeyGroup , the operator of one of Hong Kong's two licensed #cryptocurrency exchanges, is joining forces with the operator of Telegram Messenger's #blockchain to facilitate the exchange of Toncoins for cash. This partnership, focusing on users in the Asia-Pacific region, will also involve collaborative efforts on new ecosystem projects, mentorship, and networking opportunities, according to the #TON Foundation. Following Telegram's abandonment of the blockchain due to a settlement with the US Securities and Futures Commission in 2020, the TON Foundation was established to continue developing the blockchain. Despite regulatory challenges, TON remains closely tied to Telegram, leveraging its massive user base for adoption. TON's blockchain integration with Telegram allows for the creation of mini apps, with TON Foundation ensuring premium visibility within the app as the default wallet option. Despite regulatory restrictions in certain jurisdictions, TON sees potential in Asia, where super apps like Line, #Kakao , and WeChat are popular. The collaboration with HashKey Group marks a strategic move for TON's expansion, particularly in facilitating conversions between tokens and cash. For HashKey, this partnership complements its recent efforts to expand globally, including launching a global crypto exchange and obtaining upgraded licensing from Hong Kong's Securities and Futures Commission. By teaming up with the TON Foundation, HashKey aims to leverage the potential popularity of Toncoin through Telegram's extensive user base, potentially positioning itself as a key player in facilitating cryptocurrency transactions across Asia - SCMP
(ZachXBT) #CommunityAlert: Scammers behind past frauds like #Magnate & #Kokomo are now targeting #LeaperFinance on #Blast , injecting $1M of illicit funds. They're tracing a convoluted path, bridging assets from Magnate to #Base , repaying loans, and swapping for LEAP tokens. They've also likely launched Zebra Lending on Base. Withdraw assets from these protocols immediately.