Current cycle of the trenches:
People with no motion want their one day old 50k market cap coins to rise, waiting for those with motion to buy so they can sell fast as possible for profit.
The person with motion buys early makes a callout to earn creator rewards on pump or fomo and eventually sells
The people with no motion that didn’t sell fast enough get mad and call the person with motion a scammer
Those not in the coins also get mad at people with motion who can move the market, swearing at them on X declaring the market “cooked” and calling them scammers
Repeat
When times get tough, there’s no better moment to double down on yourself, what you’re building, and the people who believe in you.
Today, we swept 100,000 $APE worth of Gimboz NFTs as part of our ongoing commitment to strengthening the @apechurch ecosystem and creating long term value for the greater $APE community.
Market conditions come and go. Conviction is what separates those who build through the hard times from those who disappear when things get difficult.
We’re not going anywhere. We’re just getting started.
It would seem that Vegas wants your crypto now too
reviewjournal.com/business/b…
But remember crypto is done nobody wants it anymore
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Congrats to @abpmoon on the release!
Lots of good prizes go check it out.
1 BAYC up for grabs!
7 MAYC joining the prize pool!
And many more incredible prizes await!
Run. Harvest. Survive. WIN!
🔗 Discover all the prizes:
theblight.xyz/prizes
It doesn’t matter if you hate Trump and everything he stands for.
He’s absolutely right, and any intelligent American with half a rational brain knows it.
“If we don't have it, China's going to have it. That would put us at an unbelievable disadvantage,” President Trump says about the race to develop artificial intelligence.
Trump tells 60 Minutes he doesn't mind AI safety guardrails, but warns: “I don't want to put us in a deep second position. We're leading number one. And China has no guardrails, by the way.” cbsn.ws/4sOiMMF
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People in government with little knowledge or history of technology are trying to ban something they don’t understand.
They’ll waste a lot of energy and it will be a hot topic, but innovation can’t be stopped.
Remember when the music industry tried to ban Napster and stop digital streaming?
Now tell the human race they can’t use something that improves efficiency in almost every aspect of life.
Good luck.
Everyone's worried about the Dems banning AI and superintelligence—one of the most shortsighted and moronic things we could try to do as a nation
But I'm not worried. Why?
Ask yourself: when has anyone or any country successfully stifled history. changing innovation and technology?
The largest digital bank In paraguay collapses
Good thing I can be my own digital bank with crypto
This is why crypto matters.
🚨🇵🇾 CHAOS in Paraguay as largest digital bank Ueno COLLAPSES
Central Bank seizes it after solvency ratio crashes and around 3 million customers are LOCKED OUT of app, cards & transfers.
Central Bank President Carlos Carvallo resigned right after pulling the plug. He previously ran the firm that birthed Ueno.
Anti-Corruption forces have ordered the detention of 8 top execs including the founder.
Writer: Bri
Whenever the market dips, most FUD from big accounts is them projecting their emotions, and when there's an actual reason for the dips they go extra hard.
Certified moth to flame flip floppers.
Emotional traders are the worst and least profitable.
Definitely don’t take investing advice from them.
When the shit hits the fan and you realize having other people and institutions hold your wealth where will you go?
SELF CUSTODY
BREAKING: Banks and regulators in 6 countries are now on alert for AI and cyber fraud.
This is what Covid looked like in week 1. A few countries. Small numbers. Nobody called it a crisis.
1/ Switzerland: since November 1, the regulator FINMA demands tougher online ID checks to stop deepfakes and fake identities. Liveness checks, proof that a real person and not a photo or a deepfake is on camera, now cover more ID routes.
2/ Canada: Royal Bank of Canada now blocks outside AI agents from online banking. The regulator recommends human approval for high-impact actions an AI takes.
3/ USA: in one week, JPMorgan, Citi and Schwab blocked outside AI agents from customer accounts. Schwab says unauthorized agents try to move client money 10 to 20 times a week. Wells Fargo's answer: from November 24, AI agent use is "at your own risk".
4/ South Korea: since late September, at least 9 banks were targeted by hacks. CrowdStrike says the attacker likely used an AI agent. At Shinhan Bank alone, personal data of about 25,000 customers was exposed.
5/ Italy, earlier this year: one fake WhatsApp from "the CEO", one AI-cloned voice. Intesa Sanpaolo's private bank sent €95 million (about $108 million). About €36 million is still gone, turned into crypto.
6/ France: a FIRST for a French bank. Crédit Mutuel Arkéa confirmed an attack. More than $133 million (€118 million) was pulled out over several days, French press says, and $63 million of it was swapped into Ether in just 4 hours. This morning, customers couldn't even log in to the app.
Now zoom out.
AI can now fake a voice, a face and an ID. Accounts opened with fake IDs passed the checks. The money moves in hours. On the blockchain, an investigator traced the French money before the bank even confirmed the attack. For customers, the visible sign was an app that wouldn't let them in.
Covid locked the streets. This one can lock your money. Nobody is calling this a crisis yet. But the regulators already plan for the day it hits every bank.
23 European countries told their people to stock up on food. The rules that protect the money in your bank app are only being written now.
The ECB gave eurozone banks until October 31 to hand in their AI cyber defence plans. And today, one more government sent lenders and fintech firms an advisory on AI-assisted cyber fraud. It recommends payment limits, receiver checks and switching off payment channels nobody uses.
This is week 1. Be prepared.
The next $133 million could leave a bank you use. Follow me now, so you don't first hear about it from an app that won't open.
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