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What is the Ethereum Name Service (ENS)?
The ENS offers a solution for Ethereum blockchain users, enabling them to link their wallet's complex digital addresses with simple, easily remembered names. Just as domain names have simplified our web browsing experience, the ENS aims to streamline digital identification and improve user recognition.
The largest copycat token was launched shortly after the news and managed to amass a trading volume of $2.6 million within just eight hours, experiencing an astonishing surge of 12,000%. However, its price has since significantly dropped.
Another noteworthy token, going by the name PepeYieldUnibotSatoshiDoge, also exhibited remarkable growth of 3,000%.
Most of these fake PYUSD tokens are probably created as "honeypots."
As Elon Musk occupies himself with the Twitter rebrand, the crypto community is enthusiastically trading tokens that bear association with the well-known platform only through its former name.
The TwitterDAO (TWITTER) token is presently priced at $0.0001, despite a rocky start.This rise is attributed to the automatic system's verification and contract audit.
Yet, it's vital to bear in mind that such tokens often morph into money-making tools for fraudsters, leading to a total wipeout of the assets belonging to external investors. The recent situation with BALD serves as a stark reminder of this risk.
Michael and Amanda Griffis are in hot water with the Commodity Futures Trading Commission (CFTC) as the agency alleges the couple pulled off a grand-scale fraud.
Operating under the auspicious name "Blessings of God Thru Crypto," they enticed over 100 individuals to contribute to their digital assets commodity pool. Accumulating over $6 million, the couple promised high returns and security for the pooled resources.
According to CFTC, these pledges were not only empty but the pooled funds frequently ended up mingling with the Griffis' personal finances. Arthur Hayes: A Figure of Inspiration and Debate
Arthur Hayes stands as a prominent name in the cryptocurrency realm, recognized as one of the youngest African-American billionaires in history. He co-founded BitMEX, which, incidentally, led him into legal controversies. This exchange pioneered the trading of crypto derivatives, introducing the now-widely adopted perpetual contracts.
Brian Armstrong has expressed his belief that Binance has transferred some of their USDC assets to a different stablecoin, according to anonymous sources in Cointelegraph.
NotChaseColeman, an analyst, highlights that Binance and Justin Sun are strategically moving from USDT to USDC to secure USD, which will then be invested in FDUSD and TUSD (assets controlled by the company).
Adam Cochran, a name we're familiar with, weighed in, drawing attention to the activities associated with Binance addresses. He observed:
“Even with banks open in Asia and Europe and US coming online, USDT peg is off by the deepest sustained amount since the FTX fall out. Selling pressure once again coming in from the Binance.”
Adam thinks the uncertainty surrounding USDT is at an all-time high, and the Curve Finance and Uniswap platforms are overrun with USDT.
He was optimistic about a more promising USDT horizon today, but that seems to be deferred.
BTC has touched the 28,710 threshold. Indeed, Mondays have their unique trials.
Ivan Soto-Wright, CEO of MoonPay, and Miami Mayor Francis Suarez, ended up entangled in a minor scandal. It turns out that in late 2022, the MoonPay chief funnelled $500,000 into Suarez's electoral campaign via a Political Action Committee, or PAC.
The twist is, Soto-Wright made the transfer from the account of another company under his belt - PassionForest. Now, that's also the name of a Chinese floral business, which led to some legal headwinds.
When it was revealed that there were no ties between PassionForest and the Chinese venture, the controversy cooled down. Meanwhile, Miami's mayor, Francis Suarez, also quashed any whispers of potential Chinese backing.
On a side note, Suarez is an avid crypto enthusiast who accepts his mayoral paycheck in Bitcoin.
Elon Musk has launched x.com website that points directly to Twitter. He also promises to transform the iconic blue bird logo into the letter "X" within a single day.
According to the billionaire, this rebranding effort is aimed at transforming Twitter into an all-in-one "everything app," serving not only as a social media platform but also as a payments app and messenger.
In the wake of the news, the X token from an unrelated NFT marketplace with the same name skyrocketed by 1000%. (edited) Optimism Rebranded As OP Mainnet
In a strategic move to align with its vision of building a network of interconnected Layer 2 blockchains, Optimism has rebranded itself as OP Mainnet. The name change signifies the distinction between the core blockchain infrastructure and the encompassing ethos of “Optimism.”
In a creative twist to raise cryptocurrency awareness and honor Satoshi Nakamoto, the creator of Bitcoin, an eyewitness to a tornado leveraged their unique footage of the extreme weather event. The individual agreed to share their video with NBC News on the condition that the news outlet mentioned Satoshi Nakamoto in the related story.
The tornado eyewitness, a cryptocurrency enthusiast, recognized the opportunity to garner attention for the decentralized digital currency and its mysterious creator. By weaving Satoshi's name into a mainstream news story, the witness aimed to pique the interest of viewers unfamiliar with the world of cryptocurrencies and possibly contribute to mass adoption.
NBC News, eager to obtain the dramatic tornado footage, agreed to the unusual request, resulting in a surge of curiosity surrounding Satoshi Nakamoto and Bitcoin. Unconventional approaches can sometimes lead to a broader public understanding and engagement in the crypto world.
According to Bankless sources, the co-founder and CEO of Terraform Labs has been detained by Montenegrin police at Podgorica airport with counterfeit documents.
According to the National Police Administration, the individuals who have been arrested are believed to be Do Kwon and his assistant Han, although their identities are still being verified.
Police officials assert that the suspect's name, age, and nationality match those of Do Kwon.
Confirmation of the arrest of Terraform Labs CEO will be possible after fingerprint scans are conducted. 







