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🚨 Crypto Fail of the Year: Teen Loots $90M from US Government, Gets Busted for Flexing on Telegram 🤡 The blockchain community is buzzing over the ultimate "Darwin Award" in crypto history. John Dagita—the son of a US government IT contractor—managed to drain tens of millions from federal wallets, only to lose it all because of a massive ego. Here’s the tea: 👇 🔹 The "Band for Band" Blunder: John (known as "Lick") got into a heated argument on Telegram with another hacker. To prove he was "richer," he live-streamed his Exodus wallet screen, showing off addresses worth millions. 🔹 Enter ZachXBT: On-chain sleuth ZachXBT tracked the addresses and realized the funds were flowing directly from US Government wallets associated with the Bitfinex seizure. 🔹 Inside Job? John’s father runs CMDSS, a company that held a contract with the US Marshals Service (USMS) to manage seized crypto. While Dad was "securing" the bags, the son was busy spending them—moving $24.9M in one go and another $12.4M just recently in January 2026. 🔹 The Ultimate Flex: In a move of pure arrogance, John actually sent ZachXBT a $1,900 ETH "tip" from his main wallet, effectively signing his own confession on the blockchain. The Fallout: The company website is down, the father has vanished, and the US government is left looking at a $90M hole. It turns out the biggest threat to national security isn't a sophisticated hack—it's a teenager with a point to prove. 🤦‍♂️ Is this the biggest security lapse in US history or just a case of "Father of the Year"? Let’s discuss below! 👇 #CryptoNews #ZachXBT #CyberSecurity #Bitfinex #Hacker
🚨 Crypto Fail of the Year: Teen Loots $90M from US Government, Gets Busted for Flexing on Telegram 🤡
The blockchain community is buzzing over the ultimate "Darwin Award" in crypto history. John Dagita—the son of a US government IT contractor—managed to drain tens of millions from federal wallets, only to lose it all because of a massive ego.
Here’s the tea: 👇
🔹 The "Band for Band" Blunder:
John (known as "Lick") got into a heated argument on Telegram with another hacker. To prove he was "richer," he live-streamed his Exodus wallet screen, showing off addresses worth millions.
🔹 Enter ZachXBT:
On-chain sleuth ZachXBT tracked the addresses and realized the funds were flowing directly from US Government wallets associated with the Bitfinex seizure.
🔹 Inside Job?
John’s father runs CMDSS, a company that held a contract with the US Marshals Service (USMS) to manage seized crypto. While Dad was "securing" the bags, the son was busy spending them—moving $24.9M in one go and another $12.4M just recently in January 2026.
🔹 The Ultimate Flex:
In a move of pure arrogance, John actually sent ZachXBT a $1,900 ETH "tip" from his main wallet, effectively signing his own confession on the blockchain.
The Fallout: The company website is down, the father has vanished, and the US government is left looking at a $90M hole. It turns out the biggest threat to national security isn't a sophisticated hack—it's a teenager with a point to prove. 🤦‍♂️
Is this the biggest security lapse in US history or just a case of "Father of the Year"? Let’s discuss below! 👇
#CryptoNews #ZachXBT #CyberSecurity #Bitfinex #Hacker
🚨 The most ridiculous case in cryptocurrency history: A teenager stole 90 million dollars from the US government and ended up failing due to flaunting his wealth on Telegram 🤡 The blockchain community was recently shocked by an extremely absurd case: a teenager, John Dagita (the son of a US government IT contractor), embezzled tens of millions of dollars from the national crypto wallet. However, he escaped the tracking of the security system but couldn't escape his own vanity. The events unfolded as follows: 👇 🔹 Elementary school behavior: Live comparison of wealth John (online name “Lick”) engaged in a “band for band” competition (i.e., a contest of who is wealthier) with another hacker on Telegram. To outdo his opponent, he even directly started screen sharing, showcasing the astonishing balance in his Exodus wallet. 🔹 Top detective ZachXBT takes action Famous on-chain detective ZachXBT quickly zeroed in on these addresses. Following the trail, it was discovered that the funds originated directly from the US government's wallet, and these assets were originally confiscated by the government from the Bitfinex case. 🔹 The “ridiculous” family insider John's father, Dean Dagita, runs a company named CMDSS, which has a contract with the US Marshals Service (USMS) to manage confiscated crypto assets. During the period when his father was “managing,” the son crazily “moved house” within a year: from a single transaction of 24.9 million dollars in March 2024 to 12.4 million dollars just transferred through MEXC in January 2026. 🔹 Epic “self-sabotage” behavior Due to extreme arrogance, John even sent ZachXBT 1,900 dollars worth of ETH from his main wallet as a “tip.” This action directly locked him and the stolen assets, becoming the strongest evidence. Current situation: The CMDSS company website has been shut down, and his father, Dean Dagita, has vanished. This incident once again proves that even a superpower's defense system is extremely fragile in the face of “insider threats” and “bumbling teammates.” 🤦‍♂️ Do you think this is a huge loophole in US government regulation, or the “self-sabotage” of a top second-generation? Feel free to discuss in the comments! 👇 #加密新闻 #ZachXBT #网络安全 #Bitfinex #黑客事件
🚨 The most ridiculous case in cryptocurrency history: A teenager stole 90 million dollars from the US government and ended up failing due to flaunting his wealth on Telegram 🤡
The blockchain community was recently shocked by an extremely absurd case: a teenager, John Dagita (the son of a US government IT contractor), embezzled tens of millions of dollars from the national crypto wallet. However, he escaped the tracking of the security system but couldn't escape his own vanity.
The events unfolded as follows: 👇
🔹 Elementary school behavior: Live comparison of wealth
John (online name “Lick”) engaged in a “band for band” competition (i.e., a contest of who is wealthier) with another hacker on Telegram. To outdo his opponent, he even directly started screen sharing, showcasing the astonishing balance in his Exodus wallet.
🔹 Top detective ZachXBT takes action
Famous on-chain detective ZachXBT quickly zeroed in on these addresses. Following the trail, it was discovered that the funds originated directly from the US government's wallet, and these assets were originally confiscated by the government from the Bitfinex case.
🔹 The “ridiculous” family insider
John's father, Dean Dagita, runs a company named CMDSS, which has a contract with the US Marshals Service (USMS) to manage confiscated crypto assets. During the period when his father was “managing,” the son crazily “moved house” within a year: from a single transaction of 24.9 million dollars in March 2024 to 12.4 million dollars just transferred through MEXC in January 2026.
🔹 Epic “self-sabotage” behavior
Due to extreme arrogance, John even sent ZachXBT 1,900 dollars worth of ETH from his main wallet as a “tip.” This action directly locked him and the stolen assets, becoming the strongest evidence.
Current situation: The CMDSS company website has been shut down, and his father, Dean Dagita, has vanished. This incident once again proves that even a superpower's defense system is extremely fragile in the face of “insider threats” and “bumbling teammates.” 🤦‍♂️
Do you think this is a huge loophole in US government regulation, or the “self-sabotage” of a top second-generation? Feel free to discuss in the comments! 👇
#加密新闻 #ZachXBT #网络安全 #Bitfinex #黑客事件
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Total NFT sales on Solana surpass $4.8 billionAccording to news on January 27, according to Cryptoslam data, the total NFT sales on the Solana chain have exceeded 4.8 billion US dollars, currently touching 4,819,775,602 US dollars. The number of independent buyers on the chain is close to 2 million, and there are approximately 1.527 million independent sellers. The transaction volume on the chain is approximately 3.9059 million transactions. #zachxbt

Total NFT sales on Solana surpass $4.8 billion

According to news on January 27, according to Cryptoslam data, the total NFT sales on the Solana chain have exceeded 4.8 billion US dollars, currently touching 4,819,775,602 US dollars. The number of independent buyers on the chain is close to 2 million, and there are approximately 1.527 million independent sellers. The transaction volume on the chain is approximately 3.9059 million transactions.
#zachxbt
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Spot Bitcoin ETFs saw a net inflow of approximately $91 million yesterdayAccording to HODL15Capital monitoring, the spot Bitcoin ETF had a net inflow of US$91 million on April 11. #zachxbt

Spot Bitcoin ETFs saw a net inflow of approximately $91 million yesterday

According to HODL15Capital monitoring, the spot Bitcoin ETF had a net inflow of US$91 million on April 11.
#zachxbt
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BTC and ETH options worth $880 million and $530 million will expire tomorrowAccording to Deribit data, BTC options with a nominal value of US$880 million will expire tomorrow, with a Put Call Ratio of 1.19 and a maximum pain point of US$44,500. ETH options with a nominal value of $530 million will expire tomorrow, with a Put Call Ratio of 0.55 and a maximum pain point of $2,500. #zachxbt

BTC and ETH options worth $880 million and $530 million will expire tomorrow

According to Deribit data, BTC options with a nominal value of US$880 million will expire tomorrow, with a Put Call Ratio of 1.19 and a maximum pain point of US$44,500. ETH options with a nominal value of $530 million will expire tomorrow, with a Put Call Ratio of 0.55 and a maximum pain point of $2,500.
#zachxbt
Stablecoin market cap increased by over $9 billion since October 2023According to IntoTheBlock data, the market value of stablecoins is experiencing a strong recovery, increasing by over $9 billion since October 2023. Analysts believe that this sustained upward trend further enhances the likelihood of an upcoming bull market cycle. #zachxbt

Stablecoin market cap increased by over $9 billion since October 2023

According to IntoTheBlock data, the market value of stablecoins is experiencing a strong recovery, increasing by over $9 billion since October 2023. Analysts believe that this sustained upward trend further enhances the likelihood of an upcoming bull market cycle.
#zachxbt
😱💣 *WELL THAT ESCALATED QUICKLY! SwissBorg Just Got Drained for 41.5M 😂💀* *“SOL takers be like… thanks for the airdrop, I guess?”* — 🗣️ Intro: Imagine waking up, checking your wallet, and finding *192,600 SOL missing*… yeah, SwissBorg just lived that nightmare 😬. Shoutout to *ZachXBT* for catching the hack faster than most people read the news. — 🚨 *ALERT: SwissBorg Exploited for41.5M* - 🪙 *192.6K SOL stolen* (≈ 41.5M at the time of exploit) - 🕵️ Confirmed by on-chain detective *ZachXBT* - 📍 Funds were drained from *SwissBorg’s hot wallet* This is *one of the largest SOL-related exploits of 2025* so far! — 🔍 *Why It Matters:* - This raises *huge concerns* about *custodial wallet security* even for regulated platforms. - SOL’s growing DeFi ecosystem attracts both *capital and attackers* — and this proves it. - Trust and transparency will now become *top priority* for SwissBorg going forward. — 🔮 *Predictions Analysis:* - Expect *short-term FUD* aroundSOL and platforms holding large SOL reserves. - SwissBorg may need to issue a *postmortem*, possibly refund users or restructure treasury. - On-chain sleuths will *track the stolen funds*. If they’re laundered or bridged, that data could help freeze them. --- 🧠 *Tips & What To Do Now:* - *Avoid panic selling* unless you're day-trading. SOL fundamentals remain strong. - If you're using custodial wallets (like SwissBorg), *consider cold storage* or hardware wallets for large holdings. - Watch how SwissBorg handles this — transparency will dictate community trust. --- 🎯 Final Thoughts: This wasn’t just a technical breach — it’s a *wake-up call* for the entire crypto space. If *$41.5M can disappear overnight*, it’s your sign to *double-check your security game*. 🧠🔐 ---$SOL {spot}(SOLUSDT) #SwissBorg #Solana #SOL #CryptoHack #ZachXBT
😱💣 *WELL THAT ESCALATED QUICKLY! SwissBorg Just Got Drained for 41.5M 😂💀*
*“SOL takers be like… thanks for the airdrop, I guess?”*



🗣️ Intro:
Imagine waking up, checking your wallet, and finding *192,600 SOL missing*… yeah, SwissBorg just lived that nightmare 😬. Shoutout to *ZachXBT* for catching the hack faster than most people read the news.



🚨 *ALERT: SwissBorg Exploited for41.5M*
- 🪙 *192.6K SOL stolen* (≈ 41.5M at the time of exploit)
- 🕵️ Confirmed by on-chain detective *ZachXBT*
- 📍 Funds were drained from *SwissBorg’s hot wallet*

This is *one of the largest SOL-related exploits of 2025* so far!



🔍 *Why It Matters:*
- This raises *huge concerns* about *custodial wallet security* even for regulated platforms.
- SOL’s growing DeFi ecosystem attracts both *capital and attackers* — and this proves it.
- Trust and transparency will now become *top priority* for SwissBorg going forward.



🔮 *Predictions Analysis:*
- Expect *short-term FUD* aroundSOL and platforms holding large SOL reserves.
- SwissBorg may need to issue a *postmortem*, possibly refund users or restructure treasury.
- On-chain sleuths will *track the stolen funds*. If they’re laundered or bridged, that data could help freeze them.

---

🧠 *Tips & What To Do Now:*
- *Avoid panic selling* unless you're day-trading. SOL fundamentals remain strong.
- If you're using custodial wallets (like SwissBorg), *consider cold storage* or hardware wallets for large holdings.
- Watch how SwissBorg handles this — transparency will dictate community trust.

---

🎯 Final Thoughts:
This wasn’t just a technical breach — it’s a *wake-up call* for the entire crypto space.
If *$41.5M can disappear overnight*, it’s your sign to *double-check your security game*. 🧠🔐

---$SOL

#SwissBorg #Solana #SOL #CryptoHack #ZachXBT
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Bitcoin miner Unblock Global announces $15 million in funding Argentina-based Bitcoin miner Unblock Global announced that it has received $15 million in financing to mine Bitcoin using natural gas from Vaca Muerta, the world’s second largest shale gas reserve. #zachxbt

Bitcoin miner Unblock Global announces $15 million in funding

Argentina-based Bitcoin miner Unblock Global announced that it has received $15 million in financing to mine Bitcoin using natural gas from Vaca Muerta, the world’s second largest shale gas reserve. #zachxbt
A first edition Charizard Pokémon card from 1999Polygon revealed in a post on the X platform that a mint condition first edition holographic Charizard Pokémon card from 1999 will be tokenized on the Ethereum scaling network Polygon and auctioned off by collectibles platform Courtyard. The card will be securely stored in Brink's vault and is currently estimated to be worth up to $250,000. Marc Boiron added that this auction is not just about the Charizard card, but also demonstrates how blockchain is completely changing the world of collectibles. According to a representative from Polygon Labs, they acquired the card from a well-known seller and based on market data since 2020, similar first edition Charizard Pokémon cards have sold for approximately $264,000 to $BTC #zachxbt

A first edition Charizard Pokémon card from 1999

Polygon revealed in a post on the X platform that a mint condition first edition holographic Charizard Pokémon card from 1999 will be tokenized on the Ethereum scaling network Polygon and auctioned off by collectibles platform Courtyard. The card will be securely stored in Brink's vault and is currently estimated to be worth up to $250,000. Marc Boiron added that this auction is not just about the Charizard card, but also demonstrates how blockchain is completely changing the world of collectibles. According to a representative from Polygon Labs, they acquired the card from a well-known seller and based on market data since 2020, similar first edition Charizard Pokémon cards have sold for approximately $264,000 to $BTC #zachxbt
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Sahara AI may announce important news on December 19The decentralized AI blockchain platform Sahara AI has released a countdown image and may announce important news in 2 days (December 19). Sahara AI is currently accepting applications for the product waiting list. #zachxbt

Sahara AI may announce important news on December 19

The decentralized AI blockchain platform Sahara AI has released a countdown image and may announce important news in 2 days (December 19). Sahara AI is currently accepting applications for the product waiting list. #zachxbt
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PredX announces completion of Pre-seed round of financing, led by Penrose Tech and participated by Malana ventures In February this year, PredX announced the completion of a pre-seed round of financing, led by Penrose Tech and participated by Malana ventures. PredX is currently raising seed funding at a valuation of $20 million. Financing funds will be used to train AI to adapt to the Prediction Market and build a global community. PredX is a prediction market event exchange incubated by SEI Chain, where users can trade their views on popular event trends. PredX records all transactions through the blockchain, which can ensure transaction security and facilitate auditing. Because the SEI chain does not have a central ledger, this allows PredX, which grew up in the SEI ecosystem, to provide a more democratic solution than the traditional web2 market. PredX powered by AI will push popular events based on user preferences to enhance user stickiness and participation. #zachxbt

PredX announces completion of Pre-seed round of financing, led by Penrose Tech and participated by Malana ventures

In February this year, PredX announced the completion of a pre-seed round of financing, led by Penrose Tech and participated by Malana ventures. PredX is currently raising seed funding at a valuation of $20 million. Financing funds will be used to train AI to adapt to the Prediction Market and build a global community.
PredX is a prediction market event exchange incubated by SEI Chain, where users can trade their views on popular event trends. PredX records all transactions through the blockchain, which can ensure transaction security and facilitate auditing. Because the SEI chain does not have a central ledger, this allows PredX, which grew up in the SEI ecosystem, to provide a more democratic solution than the traditional web2 market. PredX powered by AI will push popular events based on user preferences to enhance user stickiness and participation. #zachxbt
Web3 SaaS engagement platform Vatom completes $10 million in Series B funding at $125 million valuatVatom, a Web3 SaaS participation platform based on the Metaverse, announced that it has completed a $10 million Series B financing round with a valuation of $125 million, led by GSV AirCO, with participation from Heart Media, Galaxy Digital, Raine Group, and Bat VC. Vatom's Web3 Metaverse participation solution can help enterprises better connect with customers, employees, and stakeholders through seamless immersive experiences. Its clients include Google, PepsiCo, P&G, Deloitte, Verizon, iHeart Media, State Farm, WPP, and others. The new funds will support the expansion of its user base to support its client base, as well as the expansion of its marketing and product teams. #zachxbt

Web3 SaaS engagement platform Vatom completes $10 million in Series B funding at $125 million valuat

Vatom, a Web3 SaaS participation platform based on the Metaverse, announced that it has completed a $10 million Series B financing round with a valuation of $125 million, led by GSV AirCO, with participation from Heart Media, Galaxy Digital, Raine Group, and Bat VC. Vatom's Web3 Metaverse participation solution can help enterprises better connect with customers, employees, and stakeholders through seamless immersive experiences. Its clients include Google, PepsiCo, P&G, Deloitte, Verizon, iHeart Media, State Farm, WPP, and others. The new funds will support the expansion of its user base to support its client base, as well as the expansion of its marketing and product teams.
#zachxbt
DYM rose to touch $7.25, a 24-hour increase of 24%DYM rose to a touch of 7.25 US dollars before falling back, hitting a new historical high, and now reported at 6.92 US dollars, with a 24-hour increase of 24%. #zachxbt

DYM rose to touch $7.25, a 24-hour increase of 24%

DYM rose to a touch of 7.25 US dollars before falling back, hitting a new historical high, and now reported at 6.92 US dollars, with a 24-hour increase of 24%.
#zachxbt
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Bitcoin tycoon Roger Ver is suspected of tax evasion and faces extradition and huge export tax risksRoger Case Weir, one of the early adopters of Bitcoin, was arrested in Spain on suspicion of tax evasion and may face extradition to the United States for trial. He posted a video titled "Taxes are theft" on social media, expressing his dissatisfaction with the IRS. The indictment claims that Weir has been suspected of defrauding the US government since 2012, which corresponds to the time when he began planning to renounce his citizenship. The government accuses Weir of causing at least $48 million in losses, which was the result of a large-scale concealment of assets and income over a period of several years. #zachxbt

Bitcoin tycoon Roger Ver is suspected of tax evasion and faces extradition and huge export tax risks

Roger Case Weir, one of the early adopters of Bitcoin, was arrested in Spain on suspicion of tax evasion and may face extradition to the United States for trial. He posted a video titled "Taxes are theft" on social media, expressing his dissatisfaction with the IRS. The indictment claims that Weir has been suspected of defrauding the US government since 2012, which corresponds to the time when he began planning to renounce his citizenship. The government accuses Weir of causing at least $48 million in losses, which was the result of a large-scale concealment of assets and income over a period of several years.
#zachxbt
TON ecological TVL exceeded US$79 million, reaching a record highAccording to DeFiLlama data, the TVL of TON ecology exceeded 79 million US dollars, currently about 79.76 million US dollars, reaching a new historical high. It is reported that the top five TVL protocols in the TON ecosystem are Tonstakers, STON.fi, bemo, DeDust, and Stakee. #zachxbt

TON ecological TVL exceeded US$79 million, reaching a record high

According to DeFiLlama data, the TVL of TON ecology exceeded 79 million US dollars, currently about 79.76 million US dollars, reaching a new historical high. It is reported that the top five TVL protocols in the TON ecosystem are Tonstakers, STON.fi, bemo, DeDust, and Stakee.
#zachxbt
KPMG: Self-custodial institutional investors can hold virtual assets through Hong Kong ETFs without Jens Bader, Managing Director of Risk Consulting at KPMG China in Hong Kong, stated that compared to other regions, Hong Kong's issuance of virtual asset spot ETFs has multiple advantages, including the protection provided by the Securities and Futures Commission for investors and more diversified subscription and redemption methods. For investors, the options of physical redemption and subscription are attractive. Institutional investors who self-custody virtual assets can consider holding relevant assets through ETFs without the need to exchange them for fiat currency in advance. Hong Kong's requirements for the issuance of virtual asset spot ETFs are very strict, including a detailed review of the internal management and operational capabilities of the issuer, to ensure compliance with relevant regulations and provide sufficient protection for investors. #zachxbt

KPMG: Self-custodial institutional investors can hold virtual assets through Hong Kong ETFs without

Jens Bader, Managing Director of Risk Consulting at KPMG China in Hong Kong, stated that compared to other regions, Hong Kong's issuance of virtual asset spot ETFs has multiple advantages, including the protection provided by the Securities and Futures Commission for investors and more diversified subscription and redemption methods. For investors, the options of physical redemption and subscription are attractive. Institutional investors who self-custody virtual assets can consider holding relevant assets through ETFs without the need to exchange them for fiat currency in advance. Hong Kong's requirements for the issuance of virtual asset spot ETFs are very strict, including a detailed review of the internal management and operational capabilities of the issuer, to ensure compliance with relevant regulations and provide sufficient protection for investors.
#zachxbt
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300,000 LTC transferred from unknown wallet to BinanceAccording to Whale Alert monitoring, at 12:14:40 Beijing time, 300,000 LTC (21,083,657 US dollars) was transferred from an unknown wallet to Binance. #zachxbt

300,000 LTC transferred from unknown wallet to Binance

According to Whale Alert monitoring, at 12:14:40 Beijing time, 300,000 LTC (21,083,657 US dollars) was transferred from an unknown wallet to Binance. #zachxbt
Arthur Hayes: The points system combines the advantages of ICO and liquidity mining to create a new BitMEX co-founder Arthur Hayes analyzed the evolution of ownership structure and fundraising methods in the cryptocurrency industry in his latest blog post. By comparing the business model of the East India Company in history with the operating methods of modern cryptocurrency projects, Hayes explored how from Bitcoin to the first token issuance (ICO), liquidity mining (yield farming), and even the latest points system have become a natural evolution for user participation and fundraising. Hayes emphasized the fundamental difference in fundraising and attracting users between Web 2.0 and Web 3.0 projects, especially in the cryptocurrency industry, where holding tokens or points allows users to directly participate in project ownership, which is a major paradigm shift. He believes that the emergence of Bitcoin marks a new beginning, where participation is equivalent to ownership. Subsequently, ICOs as an early fundraising method allowed retail investors to participate early, while liquidity mining further incentivized participation by rewarding users for directly using the protocol. According to Hayes' analysis, the latest points system combines the strengths of both ICOs and liquidity mining. This system rewards users who interact with the protocol with points, which may be converted into tokens in the future, creating a more flexible and sustainable incentive mechanism. Hayes believes that this method can not only effectively attract and retain users, but also provide a more equitable way for retail investors to participate in the project at a lower cost in the early stages. In addition, Hayes also mentioned the potential impact of the points system on fundraising strategies for cryptocurrency projects, pointing out that this could reduce reliance on pre-selling tokens to venture capitalists and high net worth investors. He emphasized that the success of this system depends on a high level of trust between project founders and users, while also warning of potential risks and improper behavior. #zachxbt

Arthur Hayes: The points system combines the advantages of ICO and liquidity mining to create a new

BitMEX co-founder Arthur Hayes analyzed the evolution of ownership structure and fundraising methods in the cryptocurrency industry in his latest blog post. By comparing the business model of the East India Company in history with the operating methods of modern cryptocurrency projects, Hayes explored how from Bitcoin to the first token issuance (ICO), liquidity mining (yield farming), and even the latest points system have become a natural evolution for user participation and fundraising. Hayes emphasized the fundamental difference in fundraising and attracting users between Web 2.0 and Web 3.0 projects, especially in the cryptocurrency industry, where holding tokens or points allows users to directly participate in project ownership, which is a major paradigm shift. He believes that the emergence of Bitcoin marks a new beginning, where participation is equivalent to ownership. Subsequently, ICOs as an early fundraising method allowed retail investors to participate early, while liquidity mining further incentivized participation by rewarding users for directly using the protocol. According to Hayes' analysis, the latest points system combines the strengths of both ICOs and liquidity mining. This system rewards users who interact with the protocol with points, which may be converted into tokens in the future, creating a more flexible and sustainable incentive mechanism. Hayes believes that this method can not only effectively attract and retain users, but also provide a more equitable way for retail investors to participate in the project at a lower cost in the early stages. In addition, Hayes also mentioned the potential impact of the points system on fundraising strategies for cryptocurrency projects, pointing out that this could reduce reliance on pre-selling tokens to venture capitalists and high net worth investors. He emphasized that the success of this system depends on a high level of trust between project founders and users, while also warning of potential risks and improper behavior.
#zachxbt
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A smart money is sorting out addresses to participate in the new IDO of BounceGolden Finance reported that according to monitoring by on-chain analyst @ai_9684xtpa, 77% of the smart money that made profits through AUCTION is sorting out addresses in order to participate in Bounce’s new IDO (token AMMX). The smart money transferred 1.73 million two hours ago. MUBI (valued at US$400,000) to the transfer address 0xBA4...09E2D, and then distributed to 795 addresses using the batch forwarding tool, with 2173 MUBI per address (exactly the unit price of the new coin lottery ticket). #zachxbt

A smart money is sorting out addresses to participate in the new IDO of Bounce

Golden Finance reported that according to monitoring by on-chain analyst @ai_9684xtpa, 77% of the smart money that made profits through AUCTION is sorting out addresses in order to participate in Bounce’s new IDO (token AMMX). The smart money transferred 1.73 million two hours ago. MUBI (valued at US$400,000) to the transfer address 0xBA4...09E2D, and then distributed to 795 addresses using the batch forwarding tool, with 2173 MUBI per address (exactly the unit price of the new coin lottery ticket).
#zachxbt
Kraken: USDT will not be delisted in Europe and there are currently no plans to delistIn response to previous rumors that Kraken was planning to delist USDT based on European regulatory assessments, Mark Greenberg, Kraken's Global Head of Asset Growth and Management, clarified on X platform that Kraken will continue to be listed in the European market and currently has no plans to delist USDT. Kraken understands that European customers value the use of USDT and will continue to consider all options for providing USDT under the upcoming regulations. Kraken will comply with all legal requirements, even if they are some disagreeable requirements, but the rules have not yet been finally determined. Kraken will continue to make every effort to provide all relevant stablecoins to European customers. #zachxbt

Kraken: USDT will not be delisted in Europe and there are currently no plans to delist

In response to previous rumors that Kraken was planning to delist USDT based on European regulatory assessments, Mark Greenberg, Kraken's Global Head of Asset Growth and Management, clarified on X platform that Kraken will continue to be listed in the European market and currently has no plans to delist USDT. Kraken understands that European customers value the use of USDT and will continue to consider all options for providing USDT under the upcoming regulations. Kraken will comply with all legal requirements, even if they are some disagreeable requirements, but the rules have not yet been finally determined. Kraken will continue to make every effort to provide all relevant stablecoins to European customers.
#zachxbt
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