you do not need anything else other than an internet connection & an iphone to make $1,000,000+ over the next 12 months
tokenization supercycle + 24/7 perps + social trading emerging seriously for the first time as a global metagame is going to give insane opportunities to those terminally online that learn how to trade attention & virality
I just uncovered the biggest serial Rugpulling and Extraction operation on Robinhood
The same operation is linked 53 launches within a 2 month period
Total Extracted: $18.43 MILLION
very likely more this is just what I could directly link
🧵
We are devasted to hear about the recent exploit and can imagine how difficult this must be for everyone involved.
THORChain is decentralized and permissionless like Bitcoin, Ethereum, and BNB Chain.
What responsibility should Bitcoin, Ethereum, and BNB Chain bear when handling known stolen funds?
@star_okx@GracyBitget
This is how many people actually make money trading on @fomo
> 375,740 people traded on fomo
> 357,528 people (95.2%) lost money or made under $100
> 3,504 people (0.9%) made more than $1,000
> 653 people (0.17%) made more than $5,000
> 229 people (0.06%) made more than $10,000
The timeline would have you thinking everyone is printing and getting rich on social trading apps, but in reality the vast majority are losing money or making almost nothing.
One year ago today, @Coinbase stole $1,200,000 from me.
I've opened 30+ support tickets, spoke to Coinbase on a Google Meet, and spoke to someone on the team in person.
Coinbase has 24 hours.
If this isn’t fixed, I’ll post the Google Meet recording and pursue legal action.
This might be one of the smartest crypto scams I’ve seen in a while
Someone basically created a fake blockchain and got real users to bridge money into it
Here’s what happened:
- GIWA is a legitimate Ethereum L2 connected to Upbit
There was only one problem, GIWA mainnet had NOT launched yet
Scammers knew people were waiting for it and built an entire fake environment around that expectation
They created a fake EVM chain, gave it GIWA’s legitimate Chain ID: 9134
set up an RPC and apparently created a fraudulent bridge that allowed users to send real assets into the fake network
So you could add a new network to your wallet, the RPC responds correctly, your wallet shows 9134, transactions work and everything looks real
Except Chain IDs aren’t proof of authenticity
The scammers basically copied GIWA’s license plate and built another car behind it
And real assets leave Ethereum or whatever legitimate source chain they’re using
and enter infrastructure controlled by whoever built the fraudulent bridge
$2M were lost through this scam apparently
Testing out some of the mobile offline local knowledge apps that people have been trying to build
(see here https://t.co/cjtSqLgbc6 )
Definitely getting much better than the one I tried to build myself 2 months ago. But also still much slower and less effective at difficult questions than the models that can run on a laptop.
It's weakest at specialized travel-related queries (eg. my eval is "Tell me the best vegan restaurants in [city I am currently in]", unfortunately none of these performed well on that)
Looking forward to seeing these continue to improve! I hope we can soon get to the point where you can comfortably look up any facts about the world that you care about without needing to access the internet at all.
A few quick facts:
1. ZRC-20 is not a Zcash protocol standard.
2. Zcash Shielded Assets are still experimental on Testnet.
3. If you want censorship-resistant private money secured by Zcash consensus the asset is zcash:native
DYOR and stay safe 🛡️
Trailing stops are now available for perp markets.
A trailing stop's trigger price follows the mark price as it moves in favor of the position. When the mark price retraces from its best level by the selected distance or percentage, it triggers a market order. For long positions, the trigger price follows the highest mark price reached since activation; for short positions, it follows the lowest. An optional activation price determines when tracking begins. Without one, tracking begins immediately at the current mark price.
Scammers found a way to make people drain their own wallets without sending them a phishing link.
They uploaded YouTube tutorials showing people how to build an AI crypto trading bot with Claude.
People followed the tutorial themselves.
Copied the code.
Deployed the smart contract themselves.
Funded it from their own wallets.
And approved every transaction themselves.
Except the “trading bot” had no trading logic.
It was built to send their ETH straight to the scammers.
224 wallets lost 274.6 ETH, worth about $517,000 when it was stolen.
The median victim lost 1 ETH.
Some victims even got an error after getting drained telling them to deposit another 50% to fix the bot.
They literally got people to build, fund and approve their own wallet drainer.
You've got to be very careful this days
I dislike the recent trend of people who clearly continue to believe >80% of the core effective altruist beliefs disavow EA and say "oh we're definitely not that, we're [rebrand]" purely strategically, purely because they sense that dunking on EA is "cool" now.
It's much more honorable to just come out and say "yes, that was our intellectual upbringing and those continue to be our core values, and also here are specific points where we disagree, and here's our argument for why we think for those specific points are the subset of EA that causes what you perceive to be the problem with the whole thing".
And so with that I will say:
Yes, effective altruism was a significant part of my intellectual upbringing and its core values of care for others, cosmopolitanism and rigor around effective resource allocation continue to be very important to me. And also here are specific points where I disagree with what I think is the subset of that style of thought that has backfired in the largest ways: https://t.co/iJYPFNaOgg
The SEC wants me, Trevon James, to pay $3,277,950 in ill-gotten gains from 2017 Bitconnect to the SEC.
They claim I made $2m from Bitconnect in 1 year and are tacking on $1m in interest
They don’t care that all the BTC (111 Bitcoin) was hacked and stolen from me.
They are still coming after me.
If you saw a 2 year old, you wouldn’t say they were “behind” on being successful despite accomplishing nothing.
If you saw an 80 year old, you wouldn’t fault them for a lack of career ambition despite no work.
We have been, and will be, both.
The game is 100% made up.
Do you.