Matrix AI Network narxMAN

What happening with Kraken, they fomoed in the little guys and now only the Big boys have access to sell ... ha crazy shit man

Man what a rug pull in stocks 🚨 A swing of more than 5.5% from the highs of the day to where it is now 📉📉

Who would have thought that behind his simple appearance and calm speaking style, Scott Lewis would actually be one of the figures who changed the way people view decentralized finance . Not through sensation or bombastic maneuvers, but through consistency and the ability to read the direction of the crypto industry, which continues to move quickly. His story was not built overnight, but developed through various projects that did not just exist but formed the foundation that is now widely relied on. Scott Lewis’ journey in the crypto world began with a project that is now widely known: DeFi Pulse. This platform does more than just record data—it introduced terms and metrics such as Total Value Locked (TVL), which is now a common reference in assessing the strength and reputation of DeFi projects. However, for Scott , DeFi Pulse is not just a tracking tool. He sees it as a door to making open finance more understandable. In fact, you could say he helped make DeFi no longer feel confusing for new users. On the other hand, Scott did not stop at one achievement. He continued his steps by founding Slingshot Finance, a DEX aggregator that allows users to find the best prices when trading tokens. Slingshot has successfully raised funding of up to $15 million. This is not a small number, especially for a project that still relies on a long-term vision of efficiency and transparency in crypto asset trading. Previously known for data and aggregation, Scott has also expanded his role to the world of NFT and smart contract security. He co-founded Hyype, a kind of social network designed specifically for NFT collectors. It’s not just about showing off digital assets, but creating a space for collectors to tell stories and build their digital identities. Furthermore, through the Code4rena project, Scott presents a unique approach to maintaining the security of crypto protocols. He designed a competitive audit system in which ethical hackers and developers compete for incentives to uncover weaknesses in smart contracts. This technique has been fruitful, resulting in $6 million in investment from well-known investors. His idea is comparable to building a more systematic and coordinated “bug bounty competition.” Although widely praised, Scott Lewis’ journey has not been without friction. In 2021, he made a controversial decision: he blocked the founder of 1inch Exchange from all DeFi Pulse discussion boards. The reason? Alleged threats and intimidation. The decision drew backlash, but it also showed one thing—Scott doesn’t just talk about transparency and digital ethics. He implements them, even when the situation doesn’t allow it. But it’s at points like this that his character shines through. He’s not someone who likes to appear as a crypto celebrity. His communication style on social media, especially Twitter, tends to be calm, even a “calming” factor in the often heated crypto debate. He prefers to share a calmer perspective, and that’s where many see his integrity. Scott Lewis is also noted for being involved in the Atrium project—a platform that received seed funding from top investors. He seems to always be one step ahead, but he never abandons his basic principle: building something that people can actually use. He was also CEO of Zoo Trading and has experience at major financial firms like Integral Derivatives and Susquehanna International Group. Scott’s path has not always been clear, but that’s where his strength lies. He’s not a stage man, but rather an architect who knows how to build a durable framework. Will he continue to be behind the scenes? Maybe. But given his track record so far, we can expect his next move to be impactful—even if it’s not always on the front lines.

A South Korean man in his 30s has been sentenced to three years in prison for defrauding a crypto investor of 2.93 billion won (approximately $2.04 million). The Changwon District Court convicted the man, identified only as Person A, of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes. He had posed as a wealthy investment expert and lured his victim, met through an online chatroom, by promising to guarantee the principal and provide annual returns of 30 to 50%, according to The Kookje Daily News. Between December 2021 and August 2023, Person A received funds from the investor on 324 occasions. He claimed the money would be used for cryptocurrency investments, but in reality, he had no assets or employment and had already lost billions of won in previous crypto ventures. To gain the victim’s trust, Person A repaid a portion of the funds as “interest,” effectively using the money in a Ponzi-like scheme. The court noted that although some funds were returned, the damage could not be considered recovered due to the roundabout method of repayment. The judge who oversaw the ruling, Judge Kim Seong-hwan, said that the actual profits were far less than the total defrauded amount. It is unlikely the victim will get full restitution.

nahhh man LMAOOO