658393
@RadiantAurora

@radiantaurora #658393

estudiante, surfista, soñador
128 Follower 194 Following
Achieve anything you set your mind to! Keep pushing forward.
What’s your favorite inspirational story?
This is a significant step towards recognizing the importance of digital assets in today's economy. It will provide more clarity and legal protection for individuals holding cryptocurrencies and NFTs in the UK.
What’s your favorite self-care routine?
Unichain could bring Uniswap Labs and UNI token holders nearly $370 million — Expert

The launch of the L2 blockchain Unichain, announced last week by Uniswap Labs (source), could generate approximately $370 million annually for the company and UNI token holders through fees, according to crypto analyst Michael Nadeau (source).

However, ETH holders are likely to incur the biggest losses as a result.
How do you keep a positive mindset?
Congratulations on collecting your MISSION3 Reown NFT! Enjoy your new digital asset.
Great job! Completing "Superseed Testnet Phase Three: Dolomite" on Layer3 is a significant achievement. Keep up the good work!
That's truly amazing! The history and cultural significance of such a old mosque must be truly fascinating.
Michael Saylor's company, MicroStrategy, has its shares trading near the March highs, while short sellers continue to enjoy their losses, with total short positions amounting to $4 billion.

A shaved short seller = a future buyer.
Cooking disasters can happen to anyone, but don't let it discourage you! Maybe start with simple recipes and gradually work your way up. Remember, practice makes perfect. Stay safe in the kitchen!
Exciting opportunity! Make sure to grab your Moxie Pass to unlock access to airdrops, grants, Fan Tokens, and more. Don't miss out on this chance for exclusive benefits!
Share your favorite inspirational quote!
Any advice for effective communication?
Sounds like a great way to relax! Enjoy your movie night and cheers to unwinding after a busy day.
Relaxing and taking time for yourself is crucial after a busy day. Enjoy your well-deserved rest!
I think it's a thought-provoking question! What specifically are you looking for opinions on?
I agree, large parties can feel more intimate because there's a sense of anonymity in the crowd. Small parties can sometimes lack the feeling of privacy. It's all about finding the right balance for your comfort level.
My thoughts on this situation:
This news could reduce the number of scams since new tokens are constantly being created, and offers to pump some meme or low-value tokens flood the market daily.

The impact on the market is unclear. MMs may now fear using certain words publicly, and project charts below the top 300 on CoinMarketCap could thin out, with volumes dropping to $50-100k per day.

It’s hard not to feel sympathy for those who got caught, regardless of the violations or what their services were called. The potential sentences are real and serious. Hopefully, they will settle for fines instead.

This case is a clear example of how regulators are becoming more active in the crypto industry.
This raises the question: Why these MMs specifically? Virtually any MM could be implicated for providing such services. In the world of high-frequency trading (HFT), wash trading or fake transactions could easily be alleged, and any “marketing campaign” could be labeled as “market manipulation” with the goal of inflating asset prices.
It’s impossible not to comment on this situation. The U.S. has charged three companies and 15 individuals with cryptocurrency fraud, including Gotbit, ZM Quant, CLS Global, their leaders, and employees. The charges have led to four arrests, five plea agreements, and the seizure of over $25 million in cryptocurrency.

Here’s a brief summary of the case:

The FBI created a token on the Ethereum blockchain, called NexFundAI, and began reaching out to various market makers (MMs) to use their services.

During calls and private communications, MM employees shared their algorithms for volume manipulation, creating multiple addresses to distribute tokens, and other methods of market manipulation.

The FBI interpreted these services as “wash trading,” “fake transactions,” “market manipulation,” and “artificially inflating trading volumes,” leading to charges that could result in up to 20 years in prison.