Crypto Insider

❗️❗️CZ was sentenced to four months in jail. He got off scot-free Changpeng Zhao: "The first step to taking responsibility is to fully admit mistakes. I failed to create a KYC/AML program for Binance, but I tried to fix it and had the team cooperate with the U.S. government." "Everything I see about you and your characterization is mitigating," replied the judge. 📱 Crypto Insider

📊 Top countries in terms of stablcoin purchases in relation to GDP Turkey has the highest percentage of Stablecoin purchases relative to GDP at 4.3% between April 2023 and March 2024. Statistics for other countries can be seen in the graph above. 📱 Crypto Insider

Crypto speak: Floor is lava 🌋 “Floor is lava” is a term used in the crypto community to denote a possible market collapse. Crypto industry participants took the phrase from the game of the same name, in which players imagine the floor is lava and you can’t step on it. In the context of crypto, the expression indicates unfavorable market conditions. Using it, you can draw attention to the fact that people need to be careful and make informed decisions when investing. Also, the phrase is often used to defuse a situation. The fact is that the expression eventually acquired a semi-serious character. Sometimes, it is used to ironically note that the participants of the crypto community always need to be on alert (the exact essence of the game). 📱 Crypto Insider

👌 Quickly sorted out Trust Wallet is available again on the Google Play Store. The company processed the appeal quickly and added the app to the platform. Small flaws happen to everyone, the main thing is not to look for the idea of a crash, collapse, scam or something else 🤝

🗑 Trust Wallet has been removed from the Play Store This disappearance was noticed by many people and here is what the team responded to it: Google has temporarily removed our app from the Play Store. Google notified us of this possible action and we filed an appeal a few weeks ago. However, while waiting for Google to respond to our appeal, Google removed our app anyway. You can continue to use Trust Wallet on Android by downloading the Android APK file from our website (https://trustwallet.com/download) while we fix this issue. It's really not a big deal, both for the project and for the users. It will probably be brought back eventually. 🫡 📱 Crypto Insider

Crypto scam: Trading bots and “multipliers” Often, various persons offer to buy “trading robots” or bots that “know how to bring a stable profit” of 100%–500% per month. Also, some projects offer to send a random amount of crypto to a certain address (for example, 10 USDT) with the promise to “multiply” it by several times — e.g., to return as much as 100 USDT instead of 10 USDT. There are trading bots, but they are used for specific tasks: large investment funds, market makers, and trading companies. The prices of such bots are measured in millions. They are not universal, and no one exactly sells them in the public domain. Therefore, never trust promises of quick and easy profits. 📱 Crypto Insider

XION launches Chain Abstraction L1 blockchain using Generalized Abstraction technology - XION - announced the launch of Chain Abstraction solution. The first integration was with the Injective network. Chain Abstraction will make it easier for users to use blockchain by enabling smoother application layout and liquidity in connected ecosystems. 📱 Crypto Insider

🗣 OFFICIAL: Republic First Bank has officially collapsed and been taken over by regulators. ❗️ This is not a chart for memecoin or xtcoin, but for a large bank whose assets in 2022 reached 212.6 billion US dollars. Crypto speak: Bulla/Bera “Bulla” and “bera” are common misspellings of the words “bull” and “bear” and denote market sentiment. We don’t know where they came from—like other misspellings—but there has been a corresponding meme for each for a long time. 📱 Crypto Insider

Crypto speak: Bulla/Bera “Bulla” and “bera” are common misspellings of the words “bull” and “bear” and denote market sentiment. We don’t know where they came from—like other misspellings—but there has been a corresponding meme for each for a long time. 📱 Crypto Insider

ViaBTC sold "epic satoshi" for 33.3 BTC Mining pool ViaBTC sold the first satoshi of a new era blockchain called "epic satoshi" for 33.3 BTC, which were valued at $2.13 million at the time of the transaction. The transaction was made on the cryptocurrency exchange CoinEx in an auction that lasted for about two days. The auction started at a price of 1 BTC. 📱 Crypto Insider