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Overcollateralized Jonny
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Overcollateralized Jonny
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Just wrote a new piece on the corporate stablecoin gold rush. Why everyone wants one, why most will fail, and what actually makes stablecoins work. If you're interested in how companies should be using stablecoins, you'll enjoy this one. You can subscribe to my @paragraph_xyz if you want more like this.
Just wrote a new piece on the corporate stablecoin gold rush. Why everyone wants one, why most will fail, and what actually makes stablecoins work.
If you're interested in how companies should be using stablecoins, you'll enjoy this one.
You can subscribe to my @paragraph_xyz if you want more like this.
Overcollateralized Jonny
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If you were building a twitter bot that's posting different defi opportunities, would you use @virtuals_io ? If so, why? Not too interested in launching a token for this project, just want a good toolkit. Open to any suggestion.
If you were building a twitter bot that's posting different defi opportunities, would you use @virtuals_io ?
If so, why? Not too interested in launching a token for this project, just want a good toolkit.
Open to any suggestion.
Overcollateralized Jonny
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Ok I folded. Had to get one! @pudgypenguins Where do I start?
Ok I folded. Had to get one! @pudgypenguins
Where do I start?
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#SouthKoreaSeizedBTCLoss 🚨 South Korean Authorities Lose Millions in Seized $BTC to Phishing Scam! The crypto world is buzzing today after a shocking report from South Korea. The Gwangju District Prosecutors' Office has launched an investigation into the "disappearance" of a massive haul of seized Bitcoin. The Details: The Loss: Approximately 70 billion won (approx. $47M - $50M USD) worth of Bitcoin. The Cause: Reports indicate the loss occurred during a routine inspection of seized assets stored on USB devices. An official reportedly clicked on a fraudulent (phishing) website, leading to the asset drain. The Impact: This incident has raised serious questions about institutional custody and the security protocols used by government agencies to manage digital assets. 📉 Market Sentiment While Bitcoin has seen some recent pressure—slipping toward the $88k level—this news adds another layer of unease regarding security. However, it’s worth noting that while authorities are struggling with "Cold Wallet" security, on-chain data shows whales are still accumulating. 💡 Key Takeaway If even government prosecutors can fall for a phishing link, it’s a massive reminder for all of us: Never click suspicious links. Verify every transaction. Self-custody is a responsibility, not just a right. What do you think? Does this news make you more cautious about how governments handle "seized" crypto, or is this just a one-off human error? Let’s discuss below! 👇 $NOM #BTC #SouthKorea #BinanceSquare #SecurityAlert
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