Imaginary DADDY of Andrew Tate
Andrew Tate has burned 40% of DADDY tokens, which value more than $110 million. Wait, you don't know about the DADDY token? No problem, and neither do I.
In the cryptoverse, there are millions of fake tokens, also known as "imaginary money," which are used to pump and dump. Such burning has no effect; expect that the developer will not sell those tokens that were burned. (Wubits / Grill)
The DADDY token of Andrew Tate did a non-stop pump dump scam; victims got it, or say it got victims. Tracker Lookonchain noticed that there was insider selling of 15.14 million DADDY tokens for 11752 SOL. This shows that the scam was already done.
You might say that this was only a small trade, but this is not the case because DADDY isn't supported by any reserve. Beware of the scammers; don't buy their products.
Politics & Crypto: SEC vs CFTC
There is a tussle between CFTC and SEC regarding the control of crypto in the US, CFTC is engaged in this field with full force, but SEC is overconfident. (Wubits / Grill)
If there is a question of which one is worse: The SEC or the CFTC, which one will you choose, personally I think CFTC is the worst. (Wubits / Grill)
The FIT21 bill has been passed by the US House, this bill has given the CFTC more authority over crypto than the SEC, brightening dispute between the two agencies. (Wubits / Grill)
Bitcoin Maximalist Plan
Micheal Saylor's MicroStrategy has proposed a $500 million convertible senior note offering in order to raise funds to purchase more bitcoins. (Wubits / Grill)
Law & Crime
In a proper settlement, Do Kwon and Terraform Labs will jointly pay $4.5 billion to the SEC, and the SEC will settle the civil fraud case against them. (Wubits / Grill).
Business & Politics
Blockchain Australia completes its 3-days event on digital economy, with focus on Licensing, not on development of Industry. (Wubits / Grill).
