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🛡️🍯 Trust Wallet now filters tokens commonly flagged as a honeypot + rugpull from EVM & Solana search results. Cleaner results by default. Search by contract address (CA) to override. Always DYOR.
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the word crypto has no aura normal people automatically associate the word with “rugpull” or “scam” yet everyone in the world wants to be a trader it’s time we rebrand from “being in crypto” to “being traders” that way all of the negative connotations can be left in the past
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Brett Simpson is smart. He trying push as much good news before earnings rugpull.
I think one of the best ways to buy this hyperliquid:native dip is actually via buying $KNTQ ~0.08-0.11 and buying spot/selling cash secured puts against $PURR (the DAT, not the cursed memecoin). $6 PURR puts are bid ~0.60 for Sep18 (64% APR, about 20vol richer than hyperliquid:native). Already trading at a meaningful discount to NAV now and sitting on tons of cash, definitely the most disciplined DAT runners out there. $KNTQ is down ~60% from ATH and I think they soon find their footing after the USDH rugpull. Still a very lucrative business (paying over 7% real yield to stakers). solana:jtojtomepa8beP8AuQc6eXt5FriJwfFMwQx2v2f9mCL is the relevant comp here and I think they're a good case study in how much you can monetize being the dominant/only liquid staking protocol. $KNTQ trades at a 37x rev/FDV ratio where as JTO is 149x. Stupidly cheap price to bet on a good team with good PMF. Both are clean hyperliquid:native beta and selling off harder than hyperliquid:native, should rebound harder too. Will be bidding the real deal too, but if we're going to the shadow realm, getting some stink bids on those, especially given the illiquidity, probably pays off more.
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For most of human history, tyranny had a natural check. A tyrant needs people. Soldiers. Workers. An economy that runs on human labour. Push too far, and the people who make your power possible can simply stop. Bittensor's co-founder, Const, thinks that check is disappearing. War is becoming mechanised fast enough that a government could lose 90% of its workforce and barely notice the economic impact. When labor and intelligence both get automated, the leverage ordinary people have always held against concentrated power quietly evaporates. He calls it a risk of totalitarianism the world has never seen before. Not because anyone is plotting it. Because nothing is stopping it. That's the fear behind Bittensor's entire thesis. If AI ends up controlled by one company, one government, or a handful of insiders nobody can even name, everyone else just inherits whatever worldview gets built in. No vote. No audit. No way out. Here's the idea they built instead. Bitcoin proved something strange. A permissionless, competitive market of anonymous participants can out-produce any centralised company on Earth. By Const's own estimate, the Bitcoin network does more raw computation than every supercomputer on the planet combined. Built for a fraction of what one tech giant spends per year. Bittensor points that same mechanism at intelligence instead of hashing. Miners worldwide don't just burn electricity. They train, fine-tune, and improve real machine learning models, competing every block to be the best at a specific task. Instead of one company dropping a new model every six months behind closed doors, it's thousands of people improving models continuously, every block, forever. Const's line for it: "Imagine Bitcoin mining, but you're mining for intelligence directly." Here's the part that should stop your scroll. This isn't theoretical. One Bittensor subnet was already serving more open source AI tokens than any single commercial provider on the planet. People were already using it. They just didn't know Bittensor was underneath it. Ownership matters here too. Const has no separate equity from his TAO tokens. No secret cap table. No venture round only insiders got into. Everything runs on a public blockchain anyone can inspect, including who owns what. Compare that to companies where you genuinely don't know who's really in control behind the structure. If this resonates and you want to go further than agreeing with it: Start here: go to (bitensor. com) and look at what a subnet actually is. It's simpler than it sounds, a market that pays people for one measurable output. You don't need to be a machine learning engineer anymore. Point an AI agent like Claude or Cursor at a subnet's docs and have it help you figure out mining. Have spare GPU capacity? Some subnets pay you for it directly, permissionlessly, no KYC required. Want exposure without mining? Every subnet's token has to be paired with TAO to function, so ecosystem activity flows back through it. Go slow. Verify everything yourself. This is early, permissionless infrastructure. Real upside sits right next to real risk. Const points to a past subnet rugpull as a reminder that decentralisation removes middlemen, not human error. The bet isn't that decentralised AI wins because it's righteous. It's that a handful of unaccountable companies deciding what every mind on Earth gets fed is a risk worth building against now, while there's still time to. Video credit @BitcoinNews
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They better not rug pull us today
Happy Anthropic Rug Pull Eve everyone. Enjoy your last day of Claude limits. The +50% weekly boost ends tomorrow, Aug 19. I already cancelled my Claude Max ahead of this. Grok 4.6 is now my daily driver. GPT 5.6 Sol is what I reach for on the hardest tasks. Fable 5 and Opus 5 are expensive and lazy.
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Hunter Biden's meme coin crushed 4 out of 5 buyers while one mystery trader raked in $1M: 'classic rug pull'
⚠️ ALERT: Trump-linked account appears to have been HACKED to promote a “Trump Digital Gold” rug pull. A post promoting $GOLD appeared on ‘realtrumpcoins1,’ an account followed by the official Trump account and linked as a merchandise partner to the Trump Organization. $Gold then EXPLODED to nearly $60M in market cap before the post was deleted, sending the token from $60M to just $600K in a single candle, flagged by lookonchain The team made $1Million+ in fees and sold its entire 82.5% token bundle, locking in another $317K in profit.
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