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🐕 Shiba Inu (SHIB) crypto's burn rate is on a rollercoaster ride! 🎢 Last week, SHIB's burn rate slowed down, coinciding with a drop in its market price. But hold on to your hats, folks! The burn rate has dramatically reversed, thanks to the project's lead developer's actions. 🔥 In just 24 hours, a whopping 87.76 million SHIB tokens were burned, marking a 48,554.74% increase in the burn rate. Talk about a hot streak! This fiery activity involved just two wallets, with one burning 61.9 million tokens and the other contributing an additional 25.85 million. 🚀 This surge seems to be driven by organic factors rather than deliberate efforts by the Shiba Inu team or shifts in community sentiment. What do you think is causing this burn rate bonanza? Let's ignite the conversation in the comments! 🔥👇 #DeFi #Web3 #Technology

🐕 Shiba Inu (SHIB) crypto's burn rate is on a rollercoaster ride! 🎢 Last week, SHIB's burn rate slowed down, coinciding with a drop in its market price. But hold on to your hats, folks! The burn rate has dramatically reversed, thanks to the project's lead developer's actions. 🔥

In just 24 hours, a whopping 87.76 million SHIB tokens were burned, marking a 48,554.74% increase in the burn rate. Talk about a hot streak! This fiery activity involved just two wallets, with one burning 61.9 million tokens and the other contributing an additional 25.85 million. 🚀

This surge seems to be driven by organic factors rather than deliberate efforts by the Shiba Inu team or shifts in community sentiment. What do you think is causing this burn rate bonanza? Let's ignite the conversation in the comments! 🔥👇 #DeFi #Web3 #Technology

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🤖AI Godfather Geoffrey Hinton, previously of Google, has some advice for the UK government - consider UBI (universal basic income) to offset job losses from AI advancements. He warns AI benefits the wealthy, leaving common workers in a lurch. #DeFi #Web3 👀Hinton's not alone. Sam Altman, OpenAI co-founder & Hinton's former student, is also a UBI enthusiast. His venture, Worldcoin, plans to distribute UBI via crypto tokens. Free for all who complete a retinal scan. #Technology #UBI 🔮Hinton predicts in 5-20 years, we may face AI trying to take control. Altman's motive for starting OpenAI with Elon Musk was to ensure responsible AI development. What's your take on UBI and AI's future? Share your thoughts below! 👇 #AI #FutureTech #Discussion P.S. No AI was harmed in the making of this tweet. 😂
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🚀Phantom Wallet is soaring high, snagging the third spot in the utility category on Apple's App Store, right behind the tech giants Google and Google Chrome. Seems like Phantom is giving Google a run for its money! 💼💨 This wallet, originally a Solana exclusive, has crypto enthusiasts buzzing. Could this be a bullish sign for Solana's token? 🤔 Let's discuss in the comments! Phantom Wallet's user base is booming, with seven million monthly active users. That's a lot of crypto lovers! And it's not just about Solana anymore, Phantom now supports Bitcoin, Ethereum, and Polygon blockchains too. In the grand scheme of the App Store, Phantom Wallet is sitting pretty at the 32nd spot across all categories. Not too shabby, eh? Crypto trader Shear suggests that if Coinbase and Phantom Wallet both reach the top 10, it could signal a market peak. What do you think? 📈 Despite MetaMask's 75th position, it reported 10 million monthly active users. Rankings aren't just about downloads, they also consider monthly uninstalls, in-app transactions, and user sentiment in reviews. Phantom Wallet, a self-custodial wallet, allows users to maintain control over their keys, offering a secure storage option for crypto assets. So, what's your take on Phantom Wallet's rise? Let's chat in the comments below! 🎉 #DeFi #Web3 #CryptoNews
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🚀 XRPL transactions have doubled in Q1 2024, while transaction costs have halved, according to Ripple's latest report. That's a 108% surge, folks! We're talking 251.39 million transactions compared to 121.03 million in Q4 2023. 📈 And the cost? Down by 45%! That's like getting a double cheeseburger for the price of a single. 🍔💰 Binance, Bybit, and Upbit are still the big kids on the block, accounting for over 70% of total traded volume. And most XRP trading now happens against Tether. Meanwhile, Ripple's legal tussle with the SEC continues. Ripple's response to the SEC's $2 billion demand? "Prove someone was harmed." Now we wait for the judge's verdict. What's your take on this? Drop your thoughts in the comments! #DeFi #Web3 #XRPL
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🔔Crypto world, brace yourselves! Alexey Pertsev, the brain behind Tornado Cash, just got a 5-year sentence for money laundering. No, he didn't do the laundering, but his software did. 🤯 Andrew Balthazor, a legal eagle, says this verdict means software developers could be held liable for any shady stuff done using their software. Ignorance or software limitations won't save you, folks! 🚫 This is a U-turn from the traditional view where developers were seen as neutral creators. But hey, with DeFi and Web 3 shaking up regulations, developers now need to think about potential misuse of their software. Crypto community is buzzing about this. Eléonore Blanc, CryptoCanal founder, warns that any cryptocurrency could be the next 'Tornado Cash'. She fears this could set a precedent for the crypto industry. But let's not lose hope, crypto enthusiasts! This might be a bump in the road, but we'll keep fighting for the cypherpunk values. 💪 What do you think about this verdict? Is it a threat to privacy, immutability, and decentralization? Or is it a necessary step for compliance? Let's chat in the comments! #CryptoVerdict #DeFi #Web3
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🕵️‍♂️ Ex-pump.fun employee, Jarett Dunn, allegedly exploited $1.9M and got arrested in the UK. Charged with "theft from employer" and conspiracy to steal an extra $80M, he's now out on bail and chilling in a hospital. 🏥 😂 He's posting from an iPad, claiming his mental health makes him "unfit for [police] interview." His devices are seized, but he still has his passport and no travel restrictions. 🛂 🔥 Dunn urges UK citizens to file charges against a local company he claims is a pump.fun entity. He's due back at the police station on Aug 15. Private intel firm hired to find him in London remains mum. 🤐 🚀 DeFi drama at its finest! Thoughts? #CryptoTwitter #DeFiDrama P.S. London's Met Police doesn't name arrestees. So, is it Dunn or not? Let's hear your theories! 👇
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