Some people don't understand why the market is washed out during the shock decline, and the more it falls, the more it buys. How to wash out retail investors?
In fact, it is a very simple truth. For the main force, the cost is low, the capital cost is low, and it can keep smashing
What is the so-called buying more when it falls? Can you eat it if the main force sells all the chips to you?
Assuming that in this extreme case, the retail investors are rich and stupid, then it's a good relationship. I will sell it all to you. I will take the money to play the next plate. Why should I waste time with you?
You can't pull the price in the long process of purchasing goods, which means that no one really buys this thing. And after you take all the chips, no one will come to save you.
The more retail investors buy, the less likely the main force will pull the market, and it will be over if it keeps smashing.
Don't confuse the cause and effect. It is the main force that tests the market after concentrating its chips. It will pull when the selling volume is small. If the selling volume is large, then continue to smash.
The K-line you see is drawn by the main force. It has never been a rise when there is a fall, and it is not that you will make money if you buy more and more when it falls...
When are we gonna have crypto ATMs popping up all over the mainland for easy cash withdrawals? Miss those days back in 2016.
MarsBit News
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Tennessee Imposes a Full Ban on Crypto ATMs, Violators Face Up to One Year in Jail
According to Mars Finance, as reported by The Block, Tennessee Governor Bill Lee has signed House Bill 2505, officially classifying crypto ATMs (virtual currency self-service terminals) as prohibited devices. The bill will take effect on July 1, 2026. It passed both chambers unanimously, banning the installation or operation of crypto ATMs throughout the state, with violators facing Class A misdemeanor charges, potentially resulting in up to a year in jail and a $2,500 fine. Notably, the law holds not only ATM operators accountable but also extends to merchants that allow the devices on their premises. Tennessee thus becomes the second state in the U.S. to implement a comprehensive ban, following Indiana. Previously, crypto ATMs had been exploited by overseas scammers for financial fraud, causing losses of approximately $390 million in 2025 alone, predominantly affecting the elderly. Currently, 20 states across the U.S. have enacted regulatory frameworks related to crypto ATMs, but most have adopted measures such as licensing and trading limits rather than a full ban.
Can't even imagine how euphoric SBF would be right now without the funds misallocation.
吴说区块链
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SBF's early $200,000 investment in Cursor financing, if not sold, is currently valued at approximately $3 billion
Musk's SpaceX announced a partnership with AI programming startup Cursor, which granted SpaceX the right to acquire it later this year for $60 billion or pay $10 billion to advance the cooperation between both parties. Cursor's developer Anysphere completed a $400,000 Pre-Seed round of funding in April 2022, co-invested by Alameda Research and Heroic Ventures. Among them, SBF's Alameda invested $200,000 in Anysphere, obtaining about 5% of the shares. The FTX bankruptcy management sold the shares held by Alameda Research in Anysphere for $200,000 in April 2023. Analysts estimate that the equity previously sold by FTX was valued at approximately $3 billion.
First solve the problem, then look for better ways
Odaily星球日报
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Arbitrum, in the name of hackers, 'stole' back the 70 million dollars that were taken
Original author: 深潮 TechFlow
Last week, KelpDAO was hacked, losing nearly 300 million dollars, becoming the largest negative security incident in DeFi this year.
The stolen ETH is now scattered across multiple chains, with about 30765 remaining in an address on the Arbitrum chain, worth over 70 million dollars.
This story was thought to be over, but today a sequel has emerged.
According to monitoring by on-chain security agency PeckShield, the money in the hacker's address on the Arbitrum chain was transferred out a few hours ago, but strangely, this money was sent to a bizarre address that appears to be almost all zeros 0x00000...
DeFi has been continuously hacked, and the essence is still a centralization issue. Currently, too many DeFi protocols are just conducting centralized operations on-chain, which is meaningless.
WLFI has repaid a loan of 25 million USD1 on Dolomite, and now the available borrowable liquidity of USD1 on Dolomite has returned to $35 million. The deposit interest rate for USD1 on Dolomite has also returned to the normal 10.43%, slightly higher than USDC's 9.07% and USDT's 7.74%.
Now WLFI has a loan of 162 million U (152 million USD1 + 10.31 million USDC) on Dolomite, with collateral of 4.99 billion WLFI ($402 million).