I spend a lot of time on Binance Square, and I’ve noticed a concerning trend: many of the people posting about huge profits or urging others to follow their strategies are often scammers. It's crucial to understand that in the crypto world, when someone profits, someone else is losing. That's just how it works. Money doesn't come from thin air in crypto; it's always a transfer from one person to another.
In the era of deepfake, where even fake videos of persons look real(and often used to scam),, editing some pictures of profits, some telegram announcements, bot images and videos to look real is not a big thing. If someone is really making money why will they waste their time on teaching you or even post things here, they win when someone loses, why will they want others profit?? Be vigilant and cautious about what you see online, not all you see is true.
Don’t trust anyone blindly. Always #DYOR (Do Your Own Research) before making any investment decisions. Create a strategy, understand the risks, and never invest more than you're willing to lose.
Avoid jumping into futures trading without proper analysis or a clear plan, as some might do impulsively when they see a tempting opportunity.
Be smart, stay alert, and invest wisely. Don’t let emotions drive your decisions. Good luck!
Coinbase has expanded its wrapped Bitcoin, cbBTC to Solana, aiming to fill the gap left after FTX’s implosion nearly two years ago. FTX’s collapse took down soBTC, Solana’s primary wrapped Bitcoin, leaving a BTC-sized hole in Solana’s DeFi space.
👉🏻 $10M BTC Liquidity Boost: Solana DeFi just got a lifeline in cbBTC.
👉🏻Bye-Bye Bridges: Native BTC trading means no more risky bridges for Solana—finally, some stability.
👉🏻 Coinbase’s Solana Debut: their first native token on Solana.
🏋️♂️ The battle between Ethereum and Solana continues:
🪙Over the last year, Ethereum has paid out $2.64b in token incentives to produce $2.63b in fee revenue (it costs Ethereum $1 to produce $1 in fee revenue).
🪙Over the last year, Solana has paid out $3.53b in token incentives to produce $427m in fee revenue (it costs Solana $8.26 to produce $1 in fee revenue).
Tether’s Q3 2024 profit of $2.5 billion highlights its leading stablecoin status, contributing to total annual earnings of $7.7 billion, driven by a focus on liquidity and security.
Bitfarms enters into another agreement with Stronghold to host 10,000 bitcoin miners
Cryptocurrency mining company Bitfarms has signed a second hosting agreement with US-based Stronghold Digital Mining to expand operations at its Pennsylvania site.
BREAKING: Israe-l's Mossad implicated in an espionage scandal targeting Italian Prime Minister Giorgia Meloni and senior officials, four arrested, according to Yedioth Ahronoth.
The Mossad worked with an agency founded by former members of Italy's secret services, which extracted personal data on politicians.