Indeed, the UFC fighter has recently asked his followers what they thought was the best crypto asset to invest in, shortly after which he announced the release of his own crypto named ‘Smash,’ and pseudonymous scam investigator ZachXBT has revealed insider trading, detailing it in an X post on July 4.

Khamzat your team is incompetent as you directly linked the team wallets with the insider wallets buying up 78%+ of the supply. Why do all of you instantly nuke your reputation with meme coin scams? Summary: Using timing analysis confirms 71% insider and dev team wallets is directly linked as they were funded by same address on Ethereum

Source ----> https://x.com/zachxbt/status/1808802979098866024
Read more ----> https://finbold.com/ufc-star-khamzat-chimaev-caught-in-crypto-scam/

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What the above scam confirms is that you should not trust a celebrity who tells you that there is an ideal opportunity to win money for free or launch a cryptocurrency. The fraud may be a matter of pumping and dumping and you will lose everything within minutes.

After thorough consideration, Tether will discontinue support for the EOS and Algorand implementations.


We will continue to support the protocols and chains that the community finds useful and encourage the community to expand the use cases of USD₮ on every protocol.


The transition will proceed as follows:


Tether will stop minting USD₮ on EOS and Algorand starting today, June 24, 2024.
Tether will continue to redeem USD₮ on EOS and Algorand as usual for the next 12 months. Further changes may be evaluated and announced around that time.

Source -----> https://tether.io/news/tether-announces-strategic-transition-to-prioritize-community-driven-blockchain-support/


Although the two blockchains do not represent a large percentage of the total supply, they may give a bad signal about investing in the Algorand and EOS blockchains.
If you have any USDT on this blockchain, it is best to quickly exchange them to another blockchain.

I liked this topic on Reddit ---> https://www.reddit.com/r/interesting/comments/1dh6pqz/magnets_how_do_they_work/, and frankly, I liked the idea. It seems innovative and difficult to think about. I will try to make something similar in a local workshop. If you have any ideas for wooden crafts or other ways to hide the wallet seed, please share them.


Do not share such information with people you do not trust.

Although China's official government stance remains negative towards cryptocurrencies and bans them, Bybit has allowed mainland Chinese citizens living abroad to trade abroad on its platform and users can register using Chinese identity documents.


Will we see a change in China’s policy, especially since the market now is different from what it was in 2020?


source  ---> https://www.scmp.com/tech/blockchain/article/3265787/bybit-major-cryptocurrency-exchange-opens-trading-chinese-users-living-overseas

I used a Forbes magazine quote about XRP and Ripple Labs. Although the value exceeded $36 billion, XRP turned into a zombie project that over the past years has not been able to achieve significant progress. They are still far from competing with SWIFT, and there are still problems in processing transactions such as USDT or any stable pairs. What do you think of the future direction of XRP in terms of development and price?

Forbes claimed Ripple’s leadership engineered 100 billion XRP tokens and sold $1.4 billion worth to the public to finance their grand ambition.


In parallel, the report pointed out the popular expectation that Ripple will surpass SWIFT, which processes $5 trillion in interbank transfers daily.


Meanwhile, Forbes pundits asserted that more than a decade later, this expectation is far from reality. Moreover, they highlighted that after over a decade in existence, Ripple is still only running pilot crypto programs with central banks in places like Georgia and the Republic of Palau.


source --------> https://thecryptobasic.com/2024/06/08/forbes-brands-xrp-as-good-for-nothing-zombie-crypto/

An ancient Ethereum (ETH) investor has transferred 9,518 ETH, valued at approximately $36.33 million, to Kraken. This event has raised eyebrows among Ethereum whales, although the volume needs to be more significant to sway the market.


The Ethereum transfer originated from the initial coin offering (ICO) phase of the cryptocurrency, where the purchase price was a mere $0.31 per ETH. According to Look On-Chain, a prominent blockchain analytics firm, this transfer is part of a more significant holding bought during Ethereum’s genesis.

Source -----> https://coingape.com/ethereum-ico-participants-transfers-9518-eth-market-impact-ahead/


Although I do not encourage hoding altcoins, this example shows us how a correct investment, even a small amount, may be enough to change your life. Therefore, instead of spending your money on unnecessary things or buying meme, AI, pumpdumpcoin, it is better to focus on currencies that may have a future and continuous development, and then you will find your investment portfolio growing well in the long term.

The domain has been seized and the app will be removed from some play/store soon, you can still access the wallet, extract seeds and withdraw your coins but you may not be able to send transaction using the app.

https://www.justice.gov/usao-sdny/pr/founders-and-ceo-cryptocurrency-mixing-service-arrested-and-charged-money-laundering

These charges arise from the defendants’ development, marketing, and operation of a cryptocurrency mixer that executed over $2 billion in unlawful transactions and facilitated more than $100 million in money laundering transactions from illegal dark web markets, such as Silk Road and Hydra Market; a web-server intrusion; a spearphishing scheme; and schemes to defraud multiple decentralized finance protocols.  RODRIGUEZ was arrested this morning and is expected to be presented today or tomorrow before a U.S. Magistrate Judge in the Western District of Pennsylvania.  HILL was arrested this morning in Portugal based on the U.S. criminal charges.  The United States will seek HILL’s extradition to stand trial in the United States.  The case is assigned to U.S. District Judge Richard M. Berman.