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Law firm suing Pump Fun claims it faces threats of violence and doxxing
Odaily Planet Daily News Burwick Law, the company involved in the legal dispute with Pump Fun, revealed that its lawyers received threats of violence and were doxxed along with some plaintiffs. At the same time, the company also shared a 30-minute audio about an insider trading group that tried to create a GameStop-like pump and dump scheme by attracting media attention and online attention. (protos)
11 minutes ago
KOL’s Views
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@tmel0211
Good luck to the start of the work! By the way, let me talk about some of the incredible points in the market recently, as well as some views on the future market trends: 1) The emergence of $TRUMP coin has indeed brought a lot of increment to the currency circle, and there are many new users entering the market through channels such as Xiaohongshu, but the wealth-creating effect of the US Presidents MEME coin does not have enough time to digest and undertake. Even if some incremental users and funds come, I am afraid that they will be ruthlessly persuaded to quit the currency circle before they can be converted into new users on the chain. However, the TRUMP team, like a magic mirror, has defeated the technology, narrative, build, coin issuance, empowerment ecosystem that has been balanced in the currency circle for many years, allowing everyone to see the core of the currency circle that is too Gambling. But with the same Gambling trump card, CEX may be powerless to save the situation. After all, VCs, exchanges and other egoists who are stuck in key ecological niches will become the biggest obstacle to retail investors profits, but DEX naturally does not have these obstacles. When TRUMPs destructive liquidity bloodletting ends, a new prosperous market on the chain will start again. Focus on the chain is the main theme of 2025, and it has nothing to do with the bull and bear markets. 2) DeepSeeks breakthrough in the pricing of AI large-model computing power costs is obviously a big boon to the AI Agent track in terms of technical background, but its bubble suppression of Nvidia in the US stock market has caused web3 AI Agent assets to suffer a wrong kill. But in essence, this is the rational retreat of the narrative bubble of AI Agent asset issuance. The market has revealed a truth with the continuous decline in prices. Although AI Agent has gone through a round of narrative evolution from framework standards, single AI, chainization, DeFai, MetAiverse, etc., the fragile problems such as immature project technology landing, conspiracy groups playing the leading role, and asset valuation systems without value support have all been exposed. The current AI Agent is still on the eve of Summer, and a thorough reshuffle is needed to reconstruct everything. But fortunately, there will be nirvana rebirth after extinction. 3) The market suddenly turned bearish in an absolute bull market sentiment, with a crypto-friendly government + a spark of spring on the chain + numerous products, protocols and MEMEs in the market. Looking at the fundamentals, it seems that the prosperity of the currency circle is approaching, but it unexpectedly went bearish? Although it is still unclear, it will take some time to repair the damaged emotions and asset losses. The core logic is just one point: there are too many asset targets in the Crypto market, and the market lacks sufficient incremental users and funds. Relying on the attention of Fomo sentiment cannot drive the general rise of existing old assets. In other words, everyone has the heart to accompany the growth of the industry with PVE, but they can only do endless PVP in order to survive. If the industry will eventually suffer a wave of natural disasters under the nature of excessive Gambling, then the new narrative of AI Agent is the Nezha who breaks through all this with my fate is determined by me, not by God. AI Agent can bring new life to old narratives, bring new vitality to on-chain DEX, and bring about a new PMF involution cycle centered on products + applications… Even if AI Agent has given me nothing in the short term, it does not affect my infinite longing for it at all. Because it can accelerate the integration of AI and the Crypto world and make everything better.
Department of Government Efficiency (DOGE): 199 wasteful contracts terminated in the past two days, saving approximately $250 million
Odaily Planet Daily News: The U.S. Department of Efficiency (DOGE) posted on the X platform that in the past two days, 35 agencies have coordinated well and terminated 199 wasteful contracts, saving about $250 million. These include the Asia-Pacific-Sri Lanka Climate Change Mitigation Adaptation and Resilience Coordinator Service for the Forest Service contract and the Cross-Cultural Communication, Diversity, Dialogue Circle, Cross-Difference Communication seminar.
18 minutes ago
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Special topic | Trump personally issues coins, the most powerful MEME coin in history is born
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Blum x DOGS|DEGENS In The Sky 🚀
3 hours ago, the giant whale nemorino.eth sold 10,828.5 ETH to unleverage
According to the monitoring of on-chain analyst Ember, the whale nemorino.eth sold 10,828.5 ETH in the past 3 hours to repay his loan on Aave in order to unload leverage. He sold 10,828.5 ETH in exchange for 28 million USDC to repay the loan, with an average selling price of $2,586. After paying off all the loans, he now still holds 8,833.4 ETH (US$23.26 million). Whales unload leverage generally because they believe that prices will continue to fall.
37 minutes ago
Two whales purchased a total of $7.2 million worth of HYPE
Odaily Planet Daily News According to Lookonchain monitoring, whales are buying HYPE. 0xfD7A...Ea8d deposited 3 million USDC to Hyperliquid 6 hours ago and purchased 130,422 HYPE (US$2.96 million); 0x3369....ADdF deposited 6.95 million USDC to Hyperliquid and purchased 186,964 HYPE (US$4.24 million) in the past 25 hours.
49 minutes ago
A whale who built a position half a year ago liquidated WBTC 4 hours ago and made a profit of $7.79 million
According to the monitoring of on-chain analyst Yu Jin, a whale sold 129.4 WBTC on the chain for 12.34 million USDT 4 hours ago, clearing his WBTC investment and making a total profit of $7.79 million. He used 18.58 million USDT to buy 283 WBTC at a price of $65,671 half a year ago (2024/8), and then started selling them one after another 3 months ago. All sales were completed today, with an average selling price of $93,194, making a total profit of $7.79 million.
1 hours ago
Solayer has opened airdrop enquiry
Odaily Planet Daily News: Solayer Foundation officially announced on X that airdrop inquiries are now open. Earlier, Solayer announced the LAYER token economics: a total of 1 billion tokens, 12% for Genesis Drop.
1 hours ago
Well-known rapper Kanye: Someone offered me $2 million to launch Meme Coin, but I refused
Odaily Planet Daily News: Well-known rapper Kanye posted on X platform that someone offered him $2 million to launch Meme coin to deceive the community, but he refused. According to the chat screenshots released by Kanye, this cooperation requires Kanye to promote a RUG plate Meme coin, pay $750,000 in advance, and Kanye can announce that his account was stolen 8 hours after posting, and pay another $1.25 million 16 hours after posting. The man behind the scenes said that this cooperation can make tens of millions of dollars in profit.
1 hours ago
Market News: US states file lawsuit to prevent Musks government efficiency reform (DOGE) from accessing the government payment system
Odaily Planet Daily News Market News: US states filed a lawsuit to prevent Musks government efficiency reform (DOGE) from being connected to the government payment system. (Jinshi)
2 hours ago
Former deputy director of Beijing Financial Bureau suspected of money laundering with Bitcoin, sentenced to 11 years in prison
Odaily Planet Daily News: Hao Gang, former deputy director of the Beijing Financial Bureau, was involved in Bitcoin money laundering; in addition, he also assisted a senior executive of a leading Bitcoin mining company to lift border control, and his bribes may have reached 10 million yuan. On February 6, 2025, the Beijing Second Intermediate Peoples Court publicly sentenced Hao Gangs bribery and money laundering case in accordance with the law, sentencing the defendant Hao Gang to eight years in prison for bribery and a fine of RMB 500,000; sentenced to four years in prison for money laundering and a fine of RMB 800,000, and decided to execute a sentence of eleven years in prison and a fine of RMB 1.3 million. The illegal gains and interest from his bribery will be recovered, confiscated, and turned over to the state treasury.
2 hours ago
FTX: Initial distribution to creditors allowed in the Chapter 11 reorganization facility class will begin on February 18
Odaily Planet Daily News: FTX announced on the X platform that it will begin making initial distributions to creditors allowed in the Chapter 11 reorganization facility category on February 18. The initial distribution is limited to creditor holders allowed in the planned facility category that have completed the pre-distribution requirements. Eligible creditors should receive their distribution within 1 to 3 business days from February 18, 2025.
2 hours ago
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