Daily Crypto NewsEDITION #572, 19 August 2022

Journalists! CZ is going to kick your ass!

Hey Moni Maker 📰

Today is World Photography Day. While you're still very young, you don't understand why these boring adults keep photo albums so carefully. Why do they digitize pictures and transfer them from one disc to another... but the older you get, the more you realize the immense value of our experience. Now, we have an excellent opportunity to permanently deposit our brightest moments into the foundation of eternity by wrapping them in NFT, for example. Yes, it won't bring X's, but it will spread so much warmth over our souls...
 

Let’s go!

Are you also pissed off by these dumb journalists who make clickbait headlines to get attention? That's right, so are we, yes. That's why we're going to start the day with CZ today. More specifically, the FUD story that spilt over like the rate of your beloved shitcoin after the dump. 

Chronology: 

- There's a news website in China, the biggest one. It's called "163." They published a news story whose headline via Google translates roughly as "Changpeng Zhao, founder of Binance, was detained in a mansion during an FBI raid in a room full of BNB and BUSD."

- Of course, other media picked up on this op-ed because...after all, it's 163! An important news platform 

- Amid this drama, the price of BNB fell from $310 to $301. But then it bounced back

- 163 has removed the article, but it's still hanging on other resources 

CZ remembered how The Block once f*cke up the same way, writing that "Binance was raided by the police", which also brought down the price of BNB. Btw, here is that article - click

So what? 

Ofc, we do not know. Was it the negligence of journalists or an attempt to play on the course on the orders of the "big bosses"? We're not playing detectives, but we're reminding you once again to filter information, Gem Hunter. And always check the information - and ours too. 

p.s. CZ himself threw in fake news about Uniswap's exploit, for example. Sometimes in the ocean of information, even experienced sailors get seasick. And this should always be kept in mind.  

Gem City! It's been a while since we've had a Battle of the Portfolios in our glorious city! And today...today, in cooperation with Aurora, we're happy to announce the start of a new Portfolios' Battle. 

The timing of the Battle:    

Beginning: right now! 

End of registration: August 24, 14:00 UTC   

End of Battle: August 31, 14:00 UTC

Prize pool: $1500. Prizes will be given to the first and last places and the best portfolio descriptions. And also to three random participants. Let's see, what kind of investor are you? :) 

- Check the text guide to the Battle here 

See you, Gem Hunter.  

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