qfx Dr. Rand Hindi, the CEO and co-founder of Zama, took to X (formerly known as Twitter, but who’s counting?) to issue a warning that should concern the Shiba Inu and crypto community. “This is fake. There is no Zama token yet. Don’t get rekt, guys,” Hindi wrote, referring to an alert shared by a community member about the fake Zama token. 🚨
The poor entrepreneur’s crypto ventures suffered a blow, as he runs educational platforms and has a YouTube channel with a whopping 40,000 subscribers. 📺
On the 1-hour chart, bitcoin displayed a mild bullish recovery from the $107,300 level after enduring a sequence of red candles. However, volume tapered off, hinting at a pause in momentum and suggesting potential consolidation rather than continuation. The technical structure presents a clear resistance band at $108,500 to $109,000, with support anchored around $107,300. Intraday traders are advised to monitor a breakout above $109,000 accompanied by volume, as this may catalyze a short-term push toward $109,500 to $110,000. Conversely, a failure to sustain above $108,000 could see a reversion to lower support levels. 📈📉
The current bullish sentiment has boosted market-wide sentiment, and analysts, with their noses buried in charts and data, are eyeing a breakout towards $3,500 in the short term. How delightful!
Cybersecurity firm Koi Security has uncovered a large-scale malicious campaign that’s like a digital version of a con artist at a casino, but instead of a deck of cards, they’re using fake Firefox extensions to do their dirty work.
Behold: in Europe’s crypto bazaar, the dollar bills still whistle the loudest. Most stablecoins here are cousins of Washington’s greenback, stoking the envious tempers of central bankers and shivering the lapels of regulators. The EU, that most Baroque of forums, rolls out scrolls of regulation, while debates about whose digital effigy graces the future’s wallet grow as heady—and convoluted—as a Dostoyevsky subplot.
The case, which has left the crypto community scratching their heads and the legal community rubbing their hands with glee, involved a ransom demand made in digital assets. Yes, you heard that right – digital assets! 😲
Momentum, they say, is a wind – sometimes a gentle push, sometimes a vengeful gust. Recent weeks have seen bulls at the prow, nostrils flaring, manes blown wild by optimism. But that mythical $160 remains as impassable as a train ticket inspector on a day you’ve forgotten your wallet. Analyst Carl Runefelt, serenely resigned to market chaos, notes that Solana’s rising channel—so sleek, so catwalk-worthy—may be less a runway than a plank. For every channel climbs, but all too often it breaks, and what promises ascent may swiftly become a descent worthy of Dostoevsky himself.
Star Xu, founder and CEO—spirit of the machine, or perhaps just its most public hostage—stepped onto the stage. His apology echoed with the faint desperation of empire builders everywhere who discover their bureaucracy has acquired a mind (and a cruel sense of humor) of its own.
