🚨Another day, Another scam.
MemeCore $M crashed -85% in the last 24 hours, wiping out $2.7 billion in market cap and liquidating $8 million in longs.
Reasons:
- According to reports, an estimated 99% of the supply is held by insiders, making the float smaller.
- This makes it easier to manipulate token prices, which is why MemeCore's FDV hit $34.5 billion at one point.
- Currently, on-chain liquidity for $M is around $100K while the market cap is still at $900M.
- This means even a relati...
$BTC 🚨BREAKING: CHINESE BANKS WITH OVER $10 TRILLION IN ASSETS SHUT DOWN RETAIL GOLD TRADING
$7.6T ICBC, the world's largest bank by assets, will stop offering individual trading in precious metals linked to the Shanghai Gold Exchange from July 24.
Three other major banks, inluding Postal Savings Bank, Ping An Bank, and China Guangfa Bank have made similar moves.
After July 24, clients will no longer be able to open new trades and can only close positions.
Banks are tightening risk controls...
🚨HUGE: JAPAN JUST APPROVED ACCESS TO RIPPLE’S $1.7B RLUSD STABLECOIN
RLUSD can now be used in Japan as a new electronic payment, available to both retail and institutional users through SBI VC Trade.
This puts $RLUSD as the second dollar stablecoin approved after Circle's $USDC , joining JPYSC, a yen-backed stablecoin, in Japan’s regulated market.
Ripple also secured preliminary MiCA approval in Luxembourg this week, pushing deeper into both Japan and Europe.
#Ripple
Another day, Another scam.
MemeCore $M crashed -85% in the last 24 hours, wiping out $2.7 billion in market cap and liquidating $8 million in longs.
Reasons:
- According to reports, an estimated 99% of the supply is held by insiders, making the float smaller.
- This makes it easier to manipulate token prices, which is why MemeCore's FDV hit $34.5 billion at one point.
- Currently, on-chain liquidity for $M is around $100K while the market cap is still at $900M.
- This means even a relativ...