Over the past week, crypto markets experienced a sharp sell-off.
Liquidations accelerated, leverage was cleared, and prices moved fast.
But crashes aren’t random events.
They’re moments where excess risk is removed and liquidity is tested.
When prices fall quickly, conversion volume rises.
#OTCnotradingrisk #cryptootc
FORMER NYC MAYOR JUST RUGPULLED 🚨
Eric Adams, former NYC mayor, launched his own $NYC memecoin.
The coin immediately hit $500 million in the market cap before Eric withdrew liquidity from the coin.
This caused a massive 80% crash, and the token went below $100 million.
As per some estimates, Eric made nearly $3.5 million from this scam memecoin.
This is the biggest reason people have stopped taking our industry seriously.
⚡️ We’re Supercharging Payments.
Introducing the Morph Payment Accelerator. A $150 million commitment to support businesses building real payment flows onchain at global scale.
Built to power real-world payments.
Explore the Payment Accelerator ↓
Update: The Balancer exploit is still ongoing, with stolen assets across multiple chains now exceeding $98M.
⚠️ Stay safe and secure your funds!
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