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Hal Finney, over 13 years ago, when Bitcoin was under $1. ✹ $ETH $BTC {spot}(BTCUSDT) “For Bitcoin to succeed and become secure, bitcoins must become vastly more expensive.” - Hal Finney | March 18, 2011#BinanceLaunchpoolHMSTR #Bitcoin❗
Hal Finney, over 13 years ago, when Bitcoin was under $1. ✹ $ETH $BTC

“For Bitcoin to succeed and become secure, bitcoins must become vastly more expensive.” - Hal Finney | March 18, 2011#BinanceLaunchpoolHMSTR #Bitcoin❗
BIG WINs!!! check out this event on bybit and win big futures.... use my referral Sep 13, 2024, 10AM UTC – Sep 30, 2024, 9:59AM UTC Fortune Circles Win iPhone 16 Pro Max and Share Up to 100,000 USDT
BIG WINs!!!
check out this event on bybit and win big futures....

use my referral

Sep 13, 2024, 10AM UTC – Sep 30, 2024, 9:59AM UTC

Fortune Circles
Win iPhone 16 Pro Max and Share Up to 100,000 USDT
CATIUSDT Trading Competition: Trade Perpetual Contracts and Grab Your Share of 20,000 USDT Roll up your sleeves and get set for our CATIUSDT Trading Competition! Whether you're new to the trading scene or a seasoned trader, this event has something for everyone. Gear up for two distinct challenges designed to test your Derivatives trading skills and reward you with 20,000 USDT in prizes. Event Period: Sep 20, 2024, 12PM (noon) UTC – Oct 4, 2024, 11:59PM UTC First things first — register for the event to be eligible for rewards! Event 2: PnL Showdown — 14,000 USDT Prize Pool Enter the PnL Showdown and compete against fellow traders! Challenge: Trade the CATIUSDT Perpetual Contract and accumulate a trading volume of at least $50,000. You'll be ranked based on your profit and loss (PnL). Reward: The top 50 traders will share the 14,000 USDT prize pool:
CATIUSDT Trading Competition: Trade Perpetual Contracts and Grab Your Share of 20,000 USDT

Roll up your sleeves and get set for our CATIUSDT Trading Competition! Whether you're new to the trading scene or a seasoned trader, this event has something for everyone. Gear up for two distinct challenges designed to test your Derivatives trading skills and reward you with 20,000 USDT in prizes.

Event Period: Sep 20, 2024, 12PM (noon) UTC – Oct 4, 2024, 11:59PM UTC
First things first — register for the event to be eligible for rewards!

Event 2: PnL Showdown — 14,000 USDT Prize Pool
Enter the PnL Showdown and compete against fellow traders!

Challenge: Trade the CATIUSDT Perpetual Contract and accumulate a trading volume of at least $50,000. You'll be ranked based on your profit and loss (PnL).

Reward: The top 50 traders will share the 14,000 USDT prize pool:
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DODO: Your Simple Path to Digital Assets
$DODO is a decentralized exchange that makes it easy for users to buy, sell, and create digital assets. With its advanced technology, DODO ensures fair pricing and high liquidity for everyone involved.
Why DODO Stands Out:
- For Traders: Get the best prices with minimal price swings.
- For Liquidity Providers: Reduce your risk of impermanent loss.
- For Creators: Launch tokens without needing any technical skills.
DODO and the Meme Coin Trend
@DODO one-click token creation tool is a favorite for launching Meme coins, helping the sector grow and making it accessible for creators.
Key Features of DODO:
Easy Token Creation: Issue tokens with just one click
- Self-Mining: Earn rewards by attracting liquidity.
- Stable Prices: Enjoy more stable prices with the Pegged Pool feature.
What’s Next for DODO?
With upcoming developments like DODOchain and cross-chain trading, DODO is on track for major growth.
Backed by strong investor support and a low market cap, DODO is ready to become a leader in decentralized finance.
#DODOEmpowersMemeIssuance #BTCReboundsAfterFOMC #NeiroOnBinance #CATIonBinance
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I analyzed 1000 Crypto ICOs. Here is What I Learned.
In this article, I share my insights from analyzing the price performance of hundreds of crypto projects at specific timestamps (days after public listing: 1, 10, 60, 365). The results are relevant both for investors in ICOs and for buyers of projects immediately after their public listing.
Please note that this is not an academic study. Still, I believe the findings are of added value for crypto investors.
And with that, let’s get started!
The data I used for this analysis comes from https://coinmarketcap.com/ico-calendar/ended/. It consists of a total of 983 ICOs that took place between January and October.
As you can see in the chart below, the majority of ICOs in this dataset happened in 2021 and 2022. This will become important when I interpret the data throughout this article.

https://coinmarketcap.com/ico-calendar/ended/
#USRetailSalesRise #BinanceLaunchpoolHMSTR #OMC $BNB
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🐾 Can $PEPE Reach $1? Let's Break It Down! 🐾

The idea of PEPE reaching $1 sounds exciting, but let's look at the math. With 420.69 trillion PEPE coins in circulation, reaching $1 would mean a market value of $420.69 trillion! 🌍 That’s way more than the entire global economy.

Now, let’s compare PEPE with other big memecoins:

đŸ”č $DOGE 🐕 has a market cap of $0.15 trillion
đŸ”č $SHIB đŸ¶ is worth about $0.09 trillion
đŸ”č PEPE 🐾 currently has a market cap of $0.03 trillion

Altogether, memecoins have a total market cap of around $0.42 trillion 💰. So, PEPE reaching $1 is nearly impossible based on these numbers.

Instead, let’s focus on realistic goals 📈. PEPE can still grow, but aiming for smaller gains is a smarter move. This way, you can sell at the right time, while others might hold out for impossible dreams 🚀.

DODO: A Game Changer in Decentralized Finance

DODO X is a cutting-edge decentralized trading platform backed by top institutions like Binance Labs and Pantera Capital. It's designed to provide the best trading experience with a range of innovative features.

Key Features:

1. Multi-Function Platform: DODO offers liquidity pools, cross-chain trading, autonomous mining, and easy token creation, making it flexible for all kinds of users.

2. One-Click Coin Issuance & Meme Platform: DODO simplifies the coin issuance process, especially for Meme coins, which could attract developers and help grow the Web3 community.

3. Support for BTCFi & Meme Coins: DODO’s anchor pool, coin issuance, and self-mining features help support the growth of BTCFi assets and Meme coins, providing more flexibility and liquidity.

4. Growth Potential: With a low market cap but strong institutional backing, DODO has the potential to rise quickly in the decentralized finance space.

#DODO抩抛Memeć‘èĄŒ
#DODOEmpowersMemeIssuance

#DODO @DODO $DODO $PEPE
List of Current Airdrops on TelegramAfter the highly successful #NotcoinđŸ‘€đŸ”„ #AirdropBinance on Telegram, many similar projects have appeared, but not all of them are worth attention. So, I offer a list of projects that you definitely shouldn’t miss. I was prompted to compile this list by a post from an administrator of a crypto channel, where he shared that he spent 5 months on Hamster Kombat, ranked 153rd in the global ranking (among 250 million accounts!), and received only $100. A similar situation occurred with the Catizen project. So, not all airdrops are worth attention, and there are many such projects after NotCoin’s success. That’s why a list of projects backed by influential market participants and worth attention has been compiled. #tonxdao TONxDAO is a project for mining xDAO tokens on Telegram. xDAO is an existing project that allows easy creation of decentralized autonomous organizations (DAO), systems where cryptocurrency owners decide all system issues through voting. This is the system NotCoin wants to implement, which a few days ago announced cooperation with TONxDAO. Also, the TON community announced plans to integrate xDAO into the TON network. So, this project is backed by well-known companies, and I have high hopes for it. Link to TONxDAO bot. #COUB COUB is a Telegram bot for watching short videos and mining COUB tokens. This project is backed by Telegram itself, which is developing a system for showing short videos in the messenger similar to TikTok and introduced COUB rewards for watching videos to attract as many users as possible. The promo is very short — only two weeks, so you need to hurry. Link to COUB bot. #Moonbix🚀 Moonbix is a Telegram bot from Binance. Seeing that Telegram apps like NotCoin attract millions of users, the world’s largest crypto exchange decided to join in. It also became known that Binance’s blockchain ($BNB ) is integrating with Telegram, so Moonbix will be doing an airdrop to attract as many users as possible to Binance. The only problem might be the project’s high popularity. If the project attracts a hundred million or more users, the rewards will be minimal. But I think it’s worth trying, after all, it’s Binance — the world’s largest crypto exchange. Link to Moonbix bot. Two more projects related to NotCoin are planned for the future: #lostdogs Lost Dogs is an existing project closely related to NotCoin, with some of NotCoin’s founders also being Lost Dogs founders. The project has already released two NFT collections, and recently a quest was held with the distribution of the WOOF token. Lost Dogs announced two more activities in October, so we’re waiting. #NotPixel NotPixel will feature a huge field of empty pixels, which all players should color in, and tokens PX will be awarded for this. The project has already opened a beta version for testing, with a full launch planned for next week. That’s all for now, I’ll update the article if something interesting appears. Subscribe to get more updates here.

List of Current Airdrops on Telegram

After the highly successful #NotcoinđŸ‘€đŸ”„ #AirdropBinance on Telegram, many similar projects have appeared, but not all of them are worth attention. So, I offer a list of projects that you definitely shouldn’t miss.
I was prompted to compile this list by a post from an administrator of a crypto channel, where he shared that he spent 5 months on Hamster Kombat, ranked 153rd in the global ranking (among 250 million accounts!), and received only $100. A similar situation occurred with the Catizen project. So, not all airdrops are worth attention, and there are many such projects after NotCoin’s success. That’s why a list of projects backed by influential market participants and worth attention has been compiled.
#tonxdao
TONxDAO is a project for mining xDAO tokens on Telegram. xDAO is an existing project that allows easy creation of decentralized autonomous organizations (DAO), systems where cryptocurrency owners decide all system issues through voting. This is the system NotCoin wants to implement, which a few days ago announced cooperation with TONxDAO. Also, the TON community announced plans to integrate xDAO into the TON network. So, this project is backed by well-known companies, and I have high hopes for it.
Link to TONxDAO bot.
#COUB
COUB is a Telegram bot for watching short videos and mining COUB tokens. This project is backed by Telegram itself, which is developing a system for showing short videos in the messenger similar to TikTok and introduced COUB rewards for watching videos to attract as many users as possible. The promo is very short — only two weeks, so you need to hurry. Link to COUB bot.
#Moonbix🚀
Moonbix is a Telegram bot from Binance. Seeing that Telegram apps like NotCoin attract millions of users, the world’s largest crypto exchange decided to join in. It also became known that Binance’s blockchain ($BNB ) is integrating with Telegram, so Moonbix will be doing an airdrop to attract as many users as possible to Binance.
The only problem might be the project’s high popularity. If the project attracts a hundred million or more users, the rewards will be minimal. But I think it’s worth trying, after all, it’s Binance — the world’s largest crypto exchange.
Link to Moonbix bot.

Two more projects related to NotCoin are planned for the future:
#lostdogs
Lost Dogs is an existing project closely related to NotCoin, with some of NotCoin’s founders also being Lost Dogs founders. The project has already released two NFT collections, and recently a quest was held with the distribution of the WOOF token. Lost Dogs announced two more activities in October, so we’re waiting.
#NotPixel
NotPixel will feature a huge field of empty pixels, which all players should color in, and tokens PX will be awarded for this. The project has already opened a beta version for testing, with a full launch planned for next week.
That’s all for now, I’ll update the article if something interesting appears. Subscribe to get more updates here.
I analyzed 1000 Crypto ICOs. Here is What I Learned.In this article, I share my insights from analyzing the price performance of hundreds of crypto projects at specific timestamps (days after public listing: 1, 10, 60, 365). The results are relevant both for investors in ICOs and for buyers of projects immediately after their public listing. Please note that this is not an academic study. Still, I believe the findings are of added value for crypto investors. And with that, let’s get started! The data I used for this analysis comes from https://coinmarketcap.com/ico-calendar/ended/. It consists of a total of 983 ICOs that took place between January and October. As you can see in the chart below, the majority of ICOs in this dataset happened in 2021 and 2022. This will become important when I interpret the data throughout this article. https://coinmarketcap.com/ico-calendar/ended/ #USRetailSalesRise #BinanceLaunchpoolHMSTR #OMC $BNB {spot}(BNBUSDT)

I analyzed 1000 Crypto ICOs. Here is What I Learned.

In this article, I share my insights from analyzing the price performance of hundreds of crypto projects at specific timestamps (days after public listing: 1, 10, 60, 365). The results are relevant both for investors in ICOs and for buyers of projects immediately after their public listing.
Please note that this is not an academic study. Still, I believe the findings are of added value for crypto investors.
And with that, let’s get started!
The data I used for this analysis comes from https://coinmarketcap.com/ico-calendar/ended/. It consists of a total of 983 ICOs that took place between January and October.
As you can see in the chart below, the majority of ICOs in this dataset happened in 2021 and 2022. This will become important when I interpret the data throughout this article.

https://coinmarketcap.com/ico-calendar/ended/
#USRetailSalesRise #BinanceLaunchpoolHMSTR #OMC $BNB
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We are thrilled to announce an upcoming AMA session with the @DODO team!

Join us for Square Audio Live featuring Lynn, Head of Business Development at DODO.

🗓 Date: Sept 24, 2024
⏰ Time: 10:00 AM UTC

âžĄïž Mark your calendars now!

Discover more about the project and get insights into the upcoming launch of DODOchain.

Don’t forget to participate in the DODO essay contest on Binance Square using the hashtag #DODOEmpowersMemeIssuance

Don't miss out! Follow the Binance Square Official account for a reminder about the event.

🔔 Stay tuned for Live Audio Square details tomorrow. Gain valuable insights from @DODO 🗓

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No Sell-off Needed? Bitcoin Whales Buy Big While Old Holders Stay Put
The post No Sell-off Needed? Bitcoin Whales Buy Big While Old Holders Stay Put appeared first on Coinpedia Fintech News

Despite bearish market sentiment for Bitcoin (BTC), the world’s biggest cryptocurrency by market cap, it seems that this trend may not last for long. On September 17, 2024, the crypto analytic firm CryptoQuant shared a post on X (previously Twitter) indicating that new whales and Binance traders are actively capitalizing on the current market sentiment by significantly buying the dip.

Whales Buying the Bitcoin Dip

The post on X also noted that the old whales continue to hold their BTC. This market sentiment and current whale activity signal market stability and potential price growth in the coming days.

Source: CryptoQuant (X)

However, if we look at the recent whale transactions, it appears that whales are showing strong interest in buying Bitcoin. On September 16, 2024, First Digital Lab transferred nearly $80 million FDUSD to Binance, potentially to buy Bitcoin. If this happens, we may see a significant price rally. 

2 hours ago, #First_Digital_Lab transferred 79.94M $FDUSD to #Binance.Last month, the same thing happened with 145.5M $FDUSD and $BTC increased 6.7% from $60k to $64k.Address:https://t.co/4lWVtdH05h pic.twitter.com/wMolLk6ceN

— The Data Nerd (@OnchainDataNerd) September 16, 2024

The last time the firm moved a significant $145.5 million  FDUSD to Binance, the BTC price experienced a price jump of over 6.7% from $60,000 to $64,000. 

Current Price Momentum

As of now, Bitcoin is trading near $57,800 and has experienced a price decline of over 3% in the last 24 hours. During the same period, its trading volume has skyrocketed by 125%, according to Coinmarketcap data. This rising trading volume signals higher participation from investors and traders amid the price decline.

Bitcoin Technical Analysis and Key Levels

According to expert technical analysis, BTC is at a crucial support level of $57,500 and is trading below the 200 Exponential Moving Average (EMA) on a daily time frame. The 200 EMA indicates whether an asset is in an uptrend or downtrend. 

Source: Trading View

Based on the historical price momentum, if BTC closes its daily candle below the $57,000 level, there is a high possibility it could fall by another 5% to the $54,000 level in the coming days.

However, the BTC’s open interest has declined by 2%, indicating that traders are either liquidating their positions or hesitating to build new positions due to high volatility.
#BTC☀ Massive move... #MyHaters Where are you Gone...?? Massive $60k value hit.. Check my prediction .. $BTC 💯 Analysis prediction results .. $BTC /USDT is on FIRE! đŸ”„ Bitcoin ($BTC) just blasted past the $60,000 mark, currently trading at $60,208.98, a staggering +3.60% surge! In the last 24 hours, BTC hit a high of $60,265.12, showing incredible strength with no signs of slowing down. After rebounding from a low of $57,493.30, Bitcoin's momentum is unstoppable, with volumes of over 24,724 BTC being traded! This breakout above $60K has traders buzzing—are we headed for new ATHs? Buckle up, because the next move could be massive! #NeiroOnBinance $BTC {spot}(BTCUSDT)
#BTC☀ Massive move... #MyHaters Where are you Gone...?? Massive $60k value hit..
Check my prediction .. $BTC 💯 Analysis prediction results ..
$BTC /USDT is on FIRE!
đŸ”„ Bitcoin ($BTC ) just blasted past the $60,000 mark, currently trading at $60,208.98, a staggering +3.60% surge! In the last 24 hours, BTC hit a high of $60,265.12, showing incredible strength with no signs of slowing down. After rebounding from a low of $57,493.30, Bitcoin's momentum is unstoppable, with volumes of over 24,724 BTC being traded!
This breakout above $60K has traders buzzing—are we headed for new ATHs? Buckle up, because the next move could be massive!
#NeiroOnBinance $BTC
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10 common crypto scams and how to avoid them Cryptocurrency investing offers new and exciting opportunities, but it’s also rife with scams and tech-savvy con artists. And since the crypto space remains largely unregulated, it’s often difficult to distinguish between genuine investment opportunities and scams. In just the first half of 2024, investment scams conned Canadians out of nearly $107 million—almost half of that ($51.6 million) via cryptocurrency scams, according to the Canadian Anti-Fraud Centre (CAFC). Crypto investments are the top type of investment scams reported to CAFC, says Nancy Cahill, acting client and communications outreach officer. Fewer than 5% of scams are reported, so the actual numbers are likely much higher. Scammers often find victims on social media Cryptocurrency scams are often intertwined with other types of scams—and the criminals behind them cast a wide net. Con artists frequently find potential marks on social media. According to an analysis by TradingPlatforms based on FTC data, nearly one-third of social media crypto fraud happens on Instagram, and one-quarter on Facebook. Some ruses start out as romance scams. Once suspects gain a victim’s trust and affection, they present an “investment opportunity” or request crypto or money to pay for a made-up expense, such as medical bills. 10 types of crypto scams There are many types of scams to watch out for, and unfortunately, as investors get savvier, the cons evolve and become trickier to spot. To protect yourself, always know where your money is going, understand the crypto advertising rules in Canada, and only use trusted and compliant crypto trading service providers. (As a starting point, see MoneySense’s picks for the top crypto platforms in Canada, all of which securities regulators have approved to do business in this country.) An exhaustive list of crypto scams is likely impossible, but to protect yourself, here are 10 to watch out for. 1. Pump-and-dump, or rug pull In a “pump and dump” or “rug pull” scheme, promoters of a cryptocurrency hype it up to boost demand, and when the price soars, they sell all their coins for a quick profit. Because they sell in large volumes, other investors get nervous and sell their coins, too. As panic sets in and the selling spreads, the coin’s value plunges. The promoters get rich and small investors are left “holding the bag,” faced with huge losses. A notorious example of an alleged crypto pump-and-dump scheme is a coin called Squid Game. Launched in October 2021, it rode the popularity of the Netflix series of the same name—despite having no affiliation. Less than two weeks later, Squid Game’s crypto developers suddenly sold their holdings when the coin’s price hit $2,800, making themselves $3.3 million richer (all figures in U.S. currency). Today, one Squid coin is worth about a tenth of a penny. The pump-and-dump scam is not unique to crypto, of course. It’s what high-flying stockbroker Jordan Belfort—the subject of the Hollywood film The Wolf of Wall Street, starring Leonardo DiCaprio—engaged in during the 1990s. His firm was accused of artificially inflating the price of penny stocks before selling their shares to make lots of fast money—costing investors up to $200 million. In the early 2000s, Belfort served 22 months in federal prison for securities fraud. He’s now marketing himself as an investment guru. 2. Giveaway scam, or 2-for-1 scam In a giveaway scam, someone asks you to send cryptocurrency to their wallet address, with the promise of sending you double the amount. “Send me 1 token, I’ll send you 2 in return” is a typical overture. This type of scam is especially effective during crypto bull markets when investors may be experiencing FOMO and the prospect of free crypto may seem too tempting to pass up. 3. Phishing scams Phishing scams use phony communication through channels like email or social media to trick people into sharing confidential information like credit card numbers and PINs. It’s called “phishing” because scammers try to bait people into clicking a link that will take them to fraudulent websites—for example, an imitation of a bank or crypto exchange site.  Once the target has taken the bait, the scammers get in touch by email or other means and ask them to share or enter their data using various pretexts, such as a software upgrade or a limited-time special offer. The scammers then use it to hack into the victim’s exchange accounts and wallets.  4. Airdrop scam Airdrop scams are a type of giveaway scam. In a typical airdrop, coin marketers give away assets like new crypto coins and non-fungible tokens (NFTs) in an effort to promote a project. To qualify, users may have to complete tasks like resharing social posts or creating an account. Once received, these assets need to be “claimed” in order to be sold. For this, scammers may use airdrops as a ruse to lure people to a fraudulent website in the hope of collecting sensitive information, like the private keys to their crypto wallet. It’s much like those email scams that ask you to tap a link to sign into a bank account to receive a refund or wired money—same strategy, different currency. Also be wary of initial coin offerings (ICOs), in which a crypto promoter solicits investments in a new cryptocurrency. Most ICOs are scams. Some red flags to watch for: little or no information about the team launching the coin, no whitepaper or other foundational document (but note that these can also be faked) and fake celebrity endorsements. Recently, several ICO scams, created using AI-generated images and fake social media accounts, tried to exploit public excitement around the 2024 Olympic Games. 5. Service provider support scams Support scams are an internet-wide problem, and crypto is no exception. Con artists pretend to be representatives of crypto companies to trick their targets into parting with their money or revealing private information, such as passwords to their crypto exchange accounts or the private keys to their crypto wallets. With this information, they could rob you of your investments. Scammers impersonate the staff of crypto services—such as decentralized apps (dApps), wallets and exchanges—on community platforms and messaging apps such as Discord or Telegram. They create authentic-looking accounts to gain the trust of unsuspecting investors, asking for passwords, private keys or remote access to their devices. Then they transfer the victim’s assets to their own accounts. Genuine service providers will not communicate through unofficial channels like unverified social media accounts or personal email addresses, nor will they ask for your passwords or private keys. Beware the risks of crypto investing In addition to protecting yourself from scams, remember this: Cryptocurrency investing can be profitable, but prices are also highly volatile. Before you buy or stake any digital coin, consider whether it fits your investment plan, risk profile and long-term goals. Always do your own research, and carefully review service providers’ user agreements and risk disclosures before you click “buy.”

10 common crypto scams and how to avoid them

Cryptocurrency investing offers new and exciting opportunities, but it’s also rife with scams and tech-savvy con artists. And since the crypto space remains largely unregulated, it’s often difficult to distinguish between genuine investment opportunities and scams.
In just the first half of 2024, investment scams conned Canadians out of nearly $107 million—almost half of that ($51.6 million) via cryptocurrency scams, according to the Canadian Anti-Fraud Centre (CAFC). Crypto investments are the top type of investment scams reported to CAFC, says Nancy Cahill, acting client and communications outreach officer. Fewer than 5% of scams are reported, so the actual numbers are likely much higher.

Scammers often find victims on social media
Cryptocurrency scams are often intertwined with other types of scams—and the criminals behind them cast a wide net. Con artists frequently find potential marks on social media. According to an analysis by TradingPlatforms based on FTC data, nearly one-third of social media crypto fraud happens on Instagram, and one-quarter on Facebook. Some ruses start out as romance scams. Once suspects gain a victim’s trust and affection, they present an “investment opportunity” or request crypto or money to pay for a made-up expense, such as medical bills.

10 types of crypto scams
There are many types of scams to watch out for, and unfortunately, as investors get savvier, the cons evolve and become trickier to spot. To protect yourself, always know where your money is going, understand the crypto advertising rules in Canada, and only use trusted and compliant crypto trading service providers. (As a starting point, see MoneySense’s picks for the top crypto platforms in Canada, all of which securities regulators have approved to do business in this country.) An exhaustive list of crypto scams is likely impossible, but to protect yourself, here are 10 to watch out for.
1. Pump-and-dump, or rug pull
In a “pump and dump” or “rug pull” scheme, promoters of a cryptocurrency hype it up to boost demand, and when the price soars, they sell all their coins for a quick profit. Because they sell in large volumes, other investors get nervous and sell their coins, too. As panic sets in and the selling spreads, the coin’s value plunges. The promoters get rich and small investors are left “holding the bag,” faced with huge losses.
A notorious example of an alleged crypto pump-and-dump scheme is a coin called Squid Game. Launched in October 2021, it rode the popularity of the Netflix series of the same name—despite having no affiliation. Less than two weeks later, Squid Game’s crypto developers suddenly sold their holdings when the coin’s price hit $2,800, making themselves $3.3 million richer (all figures in U.S. currency). Today, one Squid coin is worth about a tenth of a penny.
The pump-and-dump scam is not unique to crypto, of course. It’s what high-flying stockbroker Jordan Belfort—the subject of the Hollywood film The Wolf of Wall Street, starring Leonardo DiCaprio—engaged in during the 1990s. His firm was accused of artificially inflating the price of penny stocks before selling their shares to make lots of fast money—costing investors up to $200 million. In the early 2000s, Belfort served 22 months in federal prison for securities fraud. He’s now marketing himself as an investment guru.

2. Giveaway scam, or 2-for-1 scam
In a giveaway scam, someone asks you to send cryptocurrency to their wallet address, with the promise of sending you double the amount. “Send me 1 token, I’ll send you 2 in return” is a typical overture.
This type of scam is especially effective during crypto bull markets when investors may be experiencing FOMO and the prospect of free crypto may seem too tempting to pass up.
3. Phishing scams
Phishing scams use phony communication through channels like email or social media to trick people into sharing confidential information like credit card numbers and PINs. It’s called “phishing” because scammers try to bait people into clicking a link that will take them to fraudulent websites—for example, an imitation of a bank or crypto exchange site. 
Once the target has taken the bait, the scammers get in touch by email or other means and ask them to share or enter their data using various pretexts, such as a software upgrade or a limited-time special offer. The scammers then use it to hack into the victim’s exchange accounts and wallets. 
4. Airdrop scam
Airdrop scams are a type of giveaway scam. In a typical airdrop, coin marketers give away assets like new crypto coins and non-fungible tokens (NFTs) in an effort to promote a project. To qualify, users may have to complete tasks like resharing social posts or creating an account. Once received, these assets need to be “claimed” in order to be sold.
For this, scammers may use airdrops as a ruse to lure people to a fraudulent website in the hope of collecting sensitive information, like the private keys to their crypto wallet. It’s much like those email scams that ask you to tap a link to sign into a bank account to receive a refund or wired money—same strategy, different currency.
Also be wary of initial coin offerings (ICOs), in which a crypto promoter solicits investments in a new cryptocurrency. Most ICOs are scams. Some red flags to watch for: little or no information about the team launching the coin, no whitepaper or other foundational document (but note that these can also be faked) and fake celebrity endorsements. Recently, several ICO scams, created using AI-generated images and fake social media accounts, tried to exploit public excitement around the 2024 Olympic Games.
5. Service provider support scams
Support scams are an internet-wide problem, and crypto is no exception. Con artists pretend to be representatives of crypto companies to trick their targets into parting with their money or revealing private information, such as passwords to their crypto exchange accounts or the private keys to their crypto wallets. With this information, they could rob you of your investments.
Scammers impersonate the staff of crypto services—such as decentralized apps (dApps), wallets and exchanges—on community platforms and messaging apps such as Discord or Telegram. They create authentic-looking accounts to gain the trust of unsuspecting investors, asking for passwords, private keys or remote access to their devices. Then they transfer the victim’s assets to their own accounts.
Genuine service providers will not communicate through unofficial channels like unverified social media accounts or personal email addresses, nor will they ask for your passwords or private keys.
Beware the risks of crypto investing
In addition to protecting yourself from scams, remember this: Cryptocurrency investing can be profitable, but prices are also highly volatile. Before you buy or stake any digital coin, consider whether it fits your investment plan, risk profile and long-term goals. Always do your own research, and carefully review service providers’ user agreements and risk disclosures before you click “buy.”
Ether.fi Unveils Crypto-Native Credit Card on L2 Scroll Network Liquid restaking protocol Ether.fi Liquid restaking protocol Ether.fi has announced the launch of a 'crypto-native' credit card built on Ethereum layer-2 scaling network Scroll. Dubbed Ether.fi Cash, the Visa credit card is designed to enable users to make purchases with cryptocurrency "anywhere Visa is accepted," according to a recent announcement on the X platform. The card comes in four tiers, named after popular crypto memes: Pepe, Wojak, Chad, and Whale. One of the card's standout features is its non-custodial nature. Unlike traditional crypto cards, Ether.fi Cash allows users to keep their cryptocurrency in their own wallets, eliminating the need for transfers to separate accounts. By integrating decentralized finance (DeFi) functionality with a traditional credit card, Ether.fi aims to provide users with unprecedented flexibility in managing their crypto assets. Scroll, the layer-2 network supporting this initiative, emphasizes that this fusion allows users to "hold onto your crypto while leveraging it to do more than ever before." The launch of Ether.fi Cash comes at a time when crypto-friendly payment cards are gaining traction in the financial landscape. Major players like Coinbase, Crypto.com, and Gemini have already established themselves in this space. However, Ether.fi's offering stands out due to its deep integration with DeFi protocols, a feature that is relatively rare in the current market.

Ether.fi Unveils Crypto-Native Credit Card on L2 Scroll Network Liquid restaking protocol Ether.fi

Liquid restaking protocol Ether.fi has announced the launch of a 'crypto-native' credit card built on Ethereum layer-2 scaling network Scroll. Dubbed Ether.fi Cash, the Visa credit card is designed to enable users to make purchases with cryptocurrency "anywhere Visa is accepted," according to a recent announcement on the X platform. The card comes in four tiers, named after popular crypto memes: Pepe, Wojak, Chad, and Whale.
One of the card's standout features is its non-custodial nature. Unlike traditional crypto cards, Ether.fi Cash allows users to keep their cryptocurrency in their own wallets, eliminating the need for transfers to separate accounts.
By integrating decentralized finance (DeFi) functionality with a traditional credit card, Ether.fi aims to provide users with unprecedented flexibility in managing their crypto assets. Scroll, the layer-2 network supporting this initiative, emphasizes that this fusion allows users to "hold onto your crypto while leveraging it to do more than ever before."
The launch of Ether.fi Cash comes at a time when crypto-friendly payment cards are gaining traction in the financial landscape. Major players like Coinbase, Crypto.com, and Gemini have already established themselves in this space. However, Ether.fi's offering stands out due to its deep integration with DeFi protocols, a feature that is relatively rare in the current market.
Trump Launches World Liberty Financial: A New Crypto VentureFormer President Donald Trump has revealed plans to launch his cryptocurrency project, World Liberty Financial, on September 16.September 13, 2024 by Decentralized DogFormer President Donald Trump has revealed plans to launch his cryptocurrency project, World Liberty Financial, on September 16.He emphasized a shift towards cryptocurrency, claiming that it would allow users to bypass traditional banking systems. In a video shared on X, Trump stated that the initiative will be overseen by his sons, Donald Jr. and Eric Trump.World Liberty Financial appears to be positioned as a decentralized finance (DeFi) platform, facilitating borrowing and lending. According to a white paper associated with the project, it will offer features such as digital wallets for storing funds, a credit account system, and mechanisms for users to lend or borrow cash.Despite some enthusiasm within the crypto community, opinions on the timing and viability of the project are mixed. Critics have raised concerns about launching a crypto platform while Trump campaigns for the presidency again, as the launch date falls just 50 days before the election.Nic Carter, a Trump supporter and venture capital partner, described the endeavor as a “huge mistake,” arguing that it risks damaging relationships within the crypto industry.The platform aims to promote the use of U.S. dollar-pegged stablecoins within the DeFi space. Trump has indicated a potential partnership with the DeFi protocol Aave, suggesting that World Liberty Financial may operate on the Ethereum blockchain.In recent weeks, hackers compromised the social media accounts of Trump’s family members, promoting fraudulent links related to World Liberty Financial. IIn response, the official Telegram group for the project has issued warnings against fake advertisements and giveaways.#CPI_BTC_Watch #Market_Update #USNonFarmPayrollReport #Marketsentimentstoday $USDC $BTC {spot}(BTCUSDT) $BNB {spot}(BNBUSDT)

Trump Launches World Liberty Financial:

A New Crypto VentureFormer President Donald Trump has revealed plans to launch his cryptocurrency project, World Liberty Financial, on September 16.September 13, 2024 by Decentralized DogFormer President Donald Trump has revealed plans to launch his cryptocurrency project, World Liberty Financial, on September 16.He emphasized a shift towards cryptocurrency, claiming that it would allow users to bypass traditional banking systems. In a video shared on X, Trump stated that the initiative will be overseen by his sons, Donald Jr. and Eric Trump.World Liberty Financial appears to be positioned as a decentralized finance (DeFi) platform, facilitating borrowing and lending. According to a white paper associated with the project, it will offer features such as digital wallets for storing funds, a credit account system, and mechanisms for users to lend or borrow cash.Despite some enthusiasm within the crypto community, opinions on the timing and viability of the project are mixed. Critics have raised concerns about launching a crypto platform while Trump campaigns for the presidency again, as the launch date falls just 50 days before the election.Nic Carter, a Trump supporter and venture capital partner, described the endeavor as a “huge mistake,” arguing that it risks damaging relationships within the crypto industry.The platform aims to promote the use of U.S. dollar-pegged stablecoins within the DeFi space. Trump has indicated a potential partnership with the DeFi protocol Aave, suggesting that World Liberty Financial may operate on the Ethereum blockchain.In recent weeks, hackers compromised the social media accounts of Trump’s family members, promoting fraudulent links related to World Liberty Financial. IIn response, the official Telegram group for the project has issued warnings against fake advertisements and giveaways.#CPI_BTC_Watch #Market_Update #USNonFarmPayrollReport #Marketsentimentstoday $USDC $BTC
$BNB
nWhat Is a P2P DEX? P2P DEX is short for peer-to-peer decentralized exchange. It is a blockchain-based application that supports peer-to-peer trading, which is any trade that occurs directly between two crypto traders without third-party involvement. P2P DEXs propel the autonomous and free mindset in crypto, moving away from financial institutions and traditional finance. Unlike automated market maker (AMM) DEXs (e.g. PancakeSwap or Uniswap) where users can trade with each other indirectly via liquidity pools, users of P2P DEXs (e.g. Liquality or AtomicDEX) transact directly with each other in a trustless environment. There are several benefits to using a P2P DEX over AMM DEXs and centralized crypto exchanges. P2P DEXs have a clear security advantage because they allow users to trade funds from their own non-custodial wallets. AMM DEXs require market makers to lock funds into smart contracts. They are more vulnerable to hacks because large sums of funds are often pooled into a single crypto address. As seen with incidents like the $650 million Ronin bridge hack, AMM DEXs often have a small group of validators who are responsible for keeping liquidity provider funds secure. Essentially, P2P DEXs provide a more trustless, decentralized and secure solution for liquidity providers because funds aren’t pooled together. While P2P DEXs sometimes lack liquidity, the main benefit is that users, especially liquidity providers, don’t need to worry about issues like impermanent loss or smart contract exploits. Secondly, many of them use trading tools, like atomic swaps, which makes these platforms cross-chain and cross-protocol compatible. For example, two users can trade Bitcoin (BTC) with Ethereum (ETH) or Shiba Inu (SHIB) with Dogecoin (DOGE), across their respective blockchains without needing a trusted third party. Additionally, P2P DEXs also provide a greater degree of anonymity compared to centralized exchanges since platforms don’t require users to complete a formal registration process or submit personal information. To get the benefits of both AMM and order books, some DEXs, such as IDEX, have implemented a hybrid model that combines both architectures. Some examples of peer-to-peer DEXs can be found on protocols such as Liquality, Polkadex, ShibaDEX, and AtomicDEX. Author: Kadan Stadelmann, CTO of Komodo, a leader in blockchain interoperability and atomic swap technology. Kadan Stadelmann is a blockchain developer, operations security expert, and Chief Technology Officer of Komodo, an open-source technology provider that offers all-in-one blockchain solutions for developers and businesses. Komodo works closely with organizations that want to launch their own custom decentralized exchanges, DeFi platforms, and independent blockchains. Its flagship technology and end-user application is AtomicDEX - a mobile and web-compatible non-custodial multi-coin wallet and atomic swap-powered DEX rolled into one dApp. Kadan strongly identifies with Komodo’s open-source vision and ideology. His dedication to the Komodo project is founded on an unwavering desire to make the world a better place. In addition to cryptography, blockchain technology, and development, Kadan is interested in literature, mathematics, astrophysics, and traveling.#P2PTrading #P2PTradingTips $BTC {spot}(BTCUSDT)

n

What Is a P2P DEX?

P2P DEX is short for peer-to-peer decentralized exchange. It is a blockchain-based application that supports peer-to-peer trading, which is any trade that occurs directly between two crypto traders without third-party involvement.
P2P DEXs propel the autonomous and free mindset in crypto, moving away from financial institutions and traditional finance.

Unlike automated market maker (AMM) DEXs (e.g. PancakeSwap or Uniswap) where users can trade with each other indirectly via liquidity pools, users of P2P DEXs (e.g. Liquality or AtomicDEX) transact directly with each other in a trustless environment.
There are several benefits to using a P2P DEX over AMM DEXs and centralized crypto exchanges.

P2P DEXs have a clear security advantage because they allow users to trade funds from their own non-custodial wallets. AMM DEXs require market makers to lock funds into smart contracts. They are more vulnerable to hacks because large sums of funds are often pooled into a single crypto address. As seen with incidents like the $650 million Ronin bridge hack, AMM DEXs often have a small group of validators who are responsible for keeping liquidity provider funds secure.
Essentially, P2P DEXs provide a more trustless, decentralized and secure solution for liquidity providers because funds aren’t pooled together. While P2P DEXs sometimes lack liquidity, the main benefit is that users, especially liquidity providers, don’t need to worry about issues like impermanent loss or smart contract exploits.
Secondly, many of them use trading tools, like atomic swaps, which makes these platforms cross-chain and cross-protocol compatible. For example, two users can trade Bitcoin (BTC) with Ethereum (ETH) or Shiba Inu (SHIB) with Dogecoin (DOGE), across their respective blockchains without needing a trusted third party.
Additionally, P2P DEXs also provide a greater degree of anonymity compared to centralized exchanges since platforms don’t require users to complete a formal registration process or submit personal information.

To get the benefits of both AMM and order books, some DEXs, such as IDEX, have implemented a hybrid model that combines both architectures.

Some examples of peer-to-peer DEXs can be found on protocols such as Liquality, Polkadex, ShibaDEX, and AtomicDEX.

Author: Kadan Stadelmann, CTO of Komodo, a leader in blockchain interoperability and atomic swap technology.
Kadan Stadelmann is a blockchain developer, operations security expert, and Chief Technology Officer of Komodo, an open-source technology provider that offers all-in-one blockchain solutions for developers and businesses. Komodo works closely with organizations that want to launch their own custom decentralized exchanges, DeFi platforms, and independent blockchains. Its flagship technology and end-user application is AtomicDEX - a mobile and web-compatible non-custodial multi-coin wallet and atomic swap-powered DEX rolled into one dApp. Kadan strongly identifies with Komodo’s open-source vision and ideology. His dedication to the Komodo project is founded on an unwavering desire to make the world a better place. In addition to cryptography, blockchain technology, and development, Kadan is interested in literature, mathematics, astrophysics, and traveling.#P2PTrading #P2PTradingTips $BTC
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$BTC Bitcoin Pumps, Then Dumps Below $55K as Jobs Report Spurs Crypto Volatility The price swing liquidated nearly $50 million of leveraged derivatives positions across all cryptocurrencies in one hour, CoinGlass data shows#LiquidationHeatmap
$BTC Bitcoin Pumps, Then Dumps Below $55K as Jobs Report Spurs Crypto Volatility
The price swing liquidated nearly $50 million of leveraged derivatives positions across all cryptocurrencies in one hour, CoinGlass data shows#LiquidationHeatmap
Illiquid Bitcoin Now Accounts for a Record 74% of BTC's Circulating Supply Data tracked by ETC Group and Glassnode shows that illiquid bitcoin has risen to a record high of 74% of the circulating supply, an indication of the increasing scarcity and a potential bullish impact on the cryptocurrency’s price. CoinDesk's Jennifer Sanasie presents the "Chart of the Day.
Illiquid Bitcoin Now Accounts for a Record 74% of BTC's Circulating Supply

Data tracked by ETC Group and Glassnode shows that illiquid bitcoin has risen to a record high of 74% of the circulating supply, an indication of the increasing scarcity and a potential bullish impact on the cryptocurrency’s price. CoinDesk's Jennifer Sanasie presents the "Chart of the Day.
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