Important and dangerous warning to all Binance members đ¨đ¨đ¨
Do not compromise your account â ď¸
Important and dangerous warning to all Binance members đ¨đ¨đ¨ Do not compromise your account â ď¸ââ ď¸â Even if it has no balance. "Do not compromise your account for any reason." Recently, a dangerous phenomenon has spread among some people who are looking for a verified account on Binance and offer tempting amounts of money to get it. A sincere brotherly advice from the heart: Do not compromise your account and do not give your account to anyone, no matter the justifications.
A dangerous new scam is targeting Binance P2P traders! Fraudsters send payment *first*, tricking sellers into releasing crypto (e.g., USDT). Once confirmed, they **reverse the transaction via their bank**, leaving you with *no coins and no money*.
**Whoâs at risk?** New users, especially those rushed or lured by "too-good-to-be-true" deals.
**đĄď¸ PROTECT YOURSELF:** â **Trade only with verified merchants/buyers** (check ratings and history). â **Double-check payments**: Confirm funds in your bank account/SMS *AND* app transaction history. Banks can reverse transfers even after they appear "successful." â **Avoid "urgent" deals or prices far below market rate**âclassic red flags. â **Never share personal details** (e.g., passwords, SMS codes) in chat. â ď¸ If scammed, **file an appeal immediately** via Binanceâdonât negotiate with the scammer!
**đĄ Remember**: One reckless trade could wipe out your portfolio. Stay patient, stay vigilant.
#TrumpVsPowell **Analysis of the Trump-Powell Conflict: Monetary Policy, Tariffs, and Institutional Independence**
**1. Context of the Conflict** - **Trumpâs Demands**: Trump has repeatedly called for aggressive rate cuts, arguing that the Fedâs current stance (4.25%â4.5%) is stifling economic growth. - **Powellâs Resistance**: The Fed has maintained rates, citing inflation risks from Trumpâs tariffs (e.g., 10% on most imports, 145% on Chinese goods). Powell warned that tariffs could cause "higher inflation and slower growth".
--- **2. Key Issues at Stake** **a. Inflation vs. Growth** - Trump claims inflation is under control (2.4% as of March 2025) and accuses Powell of delaying rate cuts to harm the economy. However, Powell argues tariffs could reverse progress, as seen in 2022 when supply-chain disruptions drove inflation to 9.1% . - The ECBâs rate cuts are framed as proactive, but ECB President Christine Lagarde acknowledged they were a response to Trumpâs tariffs causing a "negative demand shock" .
**b. Fed Independence** - Powell asserts the Fedâs legal independence, noting chairs cannot be removed except "for cause" and that his term runs until May 2026 . - Trump claims he could fire Powell, citing precedents like his dismissal of FTC and NCUA officials. A pending Supreme Court case ---
**3. Economic and Political Implications** - **Market Uncertainty**: Trumpâs tariffs triggered stock market volatility and a sell-off in U.S. bonds. Analysts warn that firing Powell could destabilize markets further and risk stagflation . - **Public Perception**: Trumpâs narrative (e.g., "USA is getting rich on tariffs") clashes with data: egg prices rose to $6.23/dozen, and economists dispute tariff revenue claims .
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**4. Legal and Institutional Standoff** - **Termination Threats**: While Trump insists Powell would resign.
**Conclusion** The Trump-Powell clash underscores a broader struggle between political pressure and institutional independence.
**1. Secure Private Keys & Wallets** - **Use Hardware Wallets**: Store keys offline with devices like Ledger or Trezor. - **Avoid Digital Exposure**: Never share keys or store them online/clouds. - **Backup Safely**: Write seed phrases on paper, stored securely (e.g., fireproof safe).
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**2. Exchange Safety** - **Choose Reputable Platforms**: Binance, Coinbase, Kraken. - **Enable 2FA**: Use apps like Google Authenticator, **not SMS** (vulnerable to SIM swaps). - **Withdraw to Cold Storage**: Donât leave large amounts on exchanges.
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**3. Avoid Phishing & Scams** - **Verify URLs**: Bookmark official sites; check for typos (e.g., "binance.com" vs. "binancĐľ.com"). - **Ignore Unsolicited DMs**: Scammers impersonate support teams on Telegram, Twitter, etc. - **Beware Fake Giveaways**: Legit projects wonât ask for funds to "claim rewards."
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**4. Smart Contract & Project Risks** - **Research Before Investing**: Check audits (e.g., CertiK, PeckShield), team credibility, and community trust. - **Avoid Rug Pulls**: Look for locked liquidity (e.g., Unicrypt) and avoid anonymous teams. - **Limit dApp Permissions**: Revoke unused wallet connections via Etherscan or Revoke.cash.
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**5. Network & Device Security** - **Use VPNs**: Encrypt internet traffic, especially on public Wi-Fi. - **Update Software**: Keep wallets, apps, and OS patched. - **Separate Devices**: Dedicate a clean device for crypto transactions.
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**6. Transaction Best Practices** - **Test Small Amounts First**: Send a tiny transaction before large transfers. - **Double-Check Addresses**: Malware can alter copied addresses; verify manually.
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Final Tips: - **Assume Everyoneâs a Scammer**: Verify, then trust. - **Diversify Storage**: Split funds across wallets/exchanges to mitigate risk. - **Stay Paranoid**: Crypto is irreversibleâcaution is your best defense.
By adopting these habits, youâll significantly reduce risks and #StaySAFU in the volatile crypto space. đĄď¸