Banks, Gov, Fed be like: First we incentivize people to borrow as much as possible with interest rates at 0 and then nuke the whole economy into a recession and acquire their assets and homes at dirt cheap prices.
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📍 Follow @Coins for the hottest news in crypto.
Celsius Network Sets Auction Date
1. Final Bid Deadline 17th Sep 16:00 ET
2. Auction 20th Sep 10:00 ET
3. Sale Objection Deadline 25th Sep 16:00 ET
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1. Final Bid Deadline 17th Sep 16:00 ET
2. Auction 20th Sep 10:00 ET
3. Sale Objection Deadline 25th Sep 16:00 ET
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UK Unemployment rate falls to 3.5%, the lowest since 1974.
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📍 Follow @Coins for the hottest news in crypto.
QANX exploiters managed to withdraw $1.4 billion worth of tokens, which is 50% of the total supply (3.3 billion QANX coins).
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📍 Follow @Coins for the hottest news in crypto.
Fake Solana wallet security update is trying to steal your crypto
https://www.bleepingcomputer.com/news/security/fake-solana-phantom-security-updates-push-crypto-stealing-malware/
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https://www.bleepingcomputer.com/news/security/fake-solana-phantom-security-updates-push-crypto-stealing-malware/
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BleepingComputer
Fake Solana Phantom security updates push crypto-stealing malware
Hackers are airdropping NFTs to Solana cryptocurrency owners pretending to be alerts for a new Phantom security update that lead to the installation of password-stealing malware and the theft of cryptocurrency wallets.
Cathie wood thinks the world would face deflation and appealed to the FED to revisit their plans.
What is a deflationary bust?
To know the whole story, you must know about the deflationary bust. A deflationary bust is likely to occur during an economic crisis or recession. It is a phenomenon in which people do not spend their money due to high inflation rates. The demand for things becomes lower—the investment and consumption rates also slowdowns.
People and businesses start holding their money because of the further financial crisis. When more money is saved, there will be less investment and less demand for goods. This disrupts the demand and supply chain, which further increases the financial crisis. When prices started decreasing, people’s expectations of future inflation also lowered downs, and they held their money more.
Consumers spend less money because they think the prices will be lower tomorrow, so why spent today? This cycle disturbs the whole economic system from which Cathie Wood is warning The FED.
https://www.cryptopolitan.com/cathie-wood-appeal-to-fed
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What is a deflationary bust?
To know the whole story, you must know about the deflationary bust. A deflationary bust is likely to occur during an economic crisis or recession. It is a phenomenon in which people do not spend their money due to high inflation rates. The demand for things becomes lower—the investment and consumption rates also slowdowns.
People and businesses start holding their money because of the further financial crisis. When more money is saved, there will be less investment and less demand for goods. This disrupts the demand and supply chain, which further increases the financial crisis. When prices started decreasing, people’s expectations of future inflation also lowered downs, and they held their money more.
Consumers spend less money because they think the prices will be lower tomorrow, so why spent today? This cycle disturbs the whole economic system from which Cathie Wood is warning The FED.
https://www.cryptopolitan.com/cathie-wood-appeal-to-fed
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Cryptopolitan
All you need to know about Cathie wood's appeal to FED | Cryptopolitan
Cathie Wood wrote a letter to FED citing that it should revisit its policies of increasing interest rates because the world may face deflation.
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Google search started to recognize Blockchain wallet addresses and seem to show Ethereum balances.
Is it just about time before everyone is able to search 'Do Kwons assets' and everything shows up?
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Is it just about time before everyone is able to search 'Do Kwons assets' and everything shows up?
📍 Follow @Coins for the hottest news in crypto.
SushiSwap Head Chef Jared Grey Accused Of Several Scams, SUSHI Down 10%
https://twitter.com/YannickCrypto/status/1579536680956350464
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https://twitter.com/YannickCrypto/status/1579536680956350464
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Twitter
Back in 2012 Jared Grey scammed some people and made several time copyright infrightment through his company "MultiPlex PC".
https://t.co/Wyn14k7bq0
https://t.co/Wyn14k7bq0
Tether stablecoin issuer freezes 8.2M USDT on Ethereum
https://twitter.com/whale_alert/status/1579591783805489152
https://twitter.com/whale_alert/status/1579591238352662530
https://twitter.com/whale_alert/status/1579591133675409408
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https://twitter.com/whale_alert/status/1579591783805489152
https://twitter.com/whale_alert/status/1579591238352662530
https://twitter.com/whale_alert/status/1579591133675409408
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Twitter
❄ An address with a balance of 3,400,000 #USDT (3,400,680 USD) has just been frozen!
https://t.co/eBkRuE5aJl
https://t.co/eBkRuE5aJl
Google selects Coinbase to take cloud payments with cryptocurrencies and will use its custody tool
Adoption is closer than you think.
https://www.cnbc.com/2022/10/11/google-selects-coinbase-to-take-cloud-payments-with-cryptocurrencies.html
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Adoption is closer than you think.
https://www.cnbc.com/2022/10/11/google-selects-coinbase-to-take-cloud-payments-with-cryptocurrencies.html
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CNBC
Google selects Coinbase to take cloud payments with cryptocurrencies and will use its custody tool
By lining up a broad deal with Coinbase, Google might pick up an edge against Amazon and Microsoft by letting clients pay with Bitcoin or other digital coins.
Ape Coin Dives on Rumors SEC Investigating JPEGs Are Securities
https://decrypt.co/111671/sec-bored-ape-nfts-apecoin-yuga-labs-securities
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https://decrypt.co/111671/sec-bored-ape-nfts-apecoin-yuga-labs-securities
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Decrypt
SEC Investigating Bored Ape Creator Yuga Labs Over Securities Violations: Report - Decrypt
Yuga Labs, the company behind the Bored Ape Yacht Club, is reportedly being investigated over the potential sale of unregistered securities.
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Mango Markets Loses $100M in DeFi Exploit, Attacker Proposing Treasury Liquidation Vote
https://twitter.com/dleer_defi/status/1580009235051474945
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https://twitter.com/dleer_defi/status/1580009235051474945
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Twitter
UPDATE: @mangomarkets exploit 🚨
The exploiter posted a governance proposal which essentially says:
@mangomarkets shall liquidate their $70mil Treasury to me and I will return the “bad debt” to users
33 Million “yes” votes on the proposal from exploiter…
The exploiter posted a governance proposal which essentially says:
@mangomarkets shall liquidate their $70mil Treasury to me and I will return the “bad debt” to users
33 Million “yes” votes on the proposal from exploiter…
OpenSea Adds Avalanche NFT Support
https://twitter.com/opensea/status/1579864021037379585
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https://twitter.com/opensea/status/1579864021037379585
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X (formerly Twitter)
OpenSea (@opensea) on X
GM🔺! We’re excited to share that @avalancheavax #Avalanche is officially live on OpenSea!!
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TempleDAO suffered an exploit on one of its staking vaults for 1,830 ETH, roughly $2.3 million.
https://www.theblock.co/post/176299/hacker-steals-2-3-million-from-templedao
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https://www.theblock.co/post/176299/hacker-steals-2-3-million-from-templedao
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The Block
Hacker steals $2.3 million from TempleDAO
TempleDAO suffered an exploit Tuesday morning for roughly $2.3 million.
Microsoft and Meta partnership brings Office 365 apps to the Metaverse
https://blogs.microsoft.com/blog/2022/10/11/microsoft-and-meta-partner-to-deliver-immersive-experiences-for-the-future-of-work-and-play/
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https://blogs.microsoft.com/blog/2022/10/11/microsoft-and-meta-partner-to-deliver-immersive-experiences-for-the-future-of-work-and-play/
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The Official Microsoft Blog
Microsoft and Meta partner to deliver immersive experiences for the future of work and play
As companies and employees settle into new work norms post-pandemic, we’re living through a once-in-a-lifetime shift in work patterns. Whether work happens from home, at the office, in a warehouse or on the go, work is no longer a place, but an experience…
- Hacker exploits Mango for $100M+
-Hacker turns around & offers to return most funds, if DAO promises not to pursue criminal investigations
-Hackers uses 32M votes from the exploit to vote 'Yes'
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-Hacker turns around & offers to return most funds, if DAO promises not to pursue criminal investigations
-Hackers uses 32M votes from the exploit to vote 'Yes'
📍 Follow @Coins for the hottest news in crypto.
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TRON selected to issue Dominica’s national cryptocurrency
https://newsdirect.com/news/dominica-selects-tron-as-its-national-blockchain-to-issue-the-countrys-official-coin-607432614
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https://newsdirect.com/news/dominica-selects-tron-as-its-national-blockchain-to-issue-the-countrys-official-coin-607432614
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News Direct
Dominica Selects TRON as its National Blockchain to Issue the Country's Official Coin | News Direct
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JPMorgan and Visa Team Up on Blockchains To Make International Payments Easier
https://beincrypto.com/jpmorgan-and-visa-will-join-blockchains-to-make-international-payments-easier/
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https://beincrypto.com/jpmorgan-and-visa-will-join-blockchains-to-make-international-payments-easier/
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BeInCrypto
JPMorgan and Visa Team Up on Blockchains To Make International Payments Easier
JPMorgan and Visa, two of the biggest names in traditional finance, are to link up their private blockchains to simplify overseas payments.
Arbitrum team buys Prysm client, promises to remain “neutral”
https://offchain.medium.com/the-merge-2-0-offchain-labs-acquires-prysmatic-labs-the-leading-ethereum-consensus-client-team-9eab169c5fb6
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https://offchain.medium.com/the-merge-2-0-offchain-labs-acquires-prysmatic-labs-the-leading-ethereum-consensus-client-team-9eab169c5fb6
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Medium
The Merge 2.0: Offchain Labs acquires Prysmatic Labs, the leading Ethereum Consensus Client team
We’re extremely happy to announce that Offchain Labs is acquiring Prysmatic Labs, the leading Ethereum consensus client. Merging L1 and L2…