Crypto.IQ Daily Radio Show June 7: Clams (CLAM) Crash Causes $14 Million Loss for Poloniex Margin Lenders, Cheap Bitcoin (BTC) Knockoff Bitcoin 2 (BTC2) Pump and Dumps, NEO 3.0 Coming in 2020, Komodo Developers Pre-emptively Hack $13 Million to ‘protect’ Users, Binance Stablecoins Coming Soon, Users of the Voice Social Media Platform Will Earn Voice Tokens

June 7, 2019 / by Zachary Mashiach

Listen to the June 7 Crypto.IQ Daily Radio Show

On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. Bitcoin (BTC) rose about $500 since yesterday afternoon and is currently trading near $8,000, and the crypto market is generally in the green. A new knockoff of Bitcoin (BTC) called Bitcoin 2 (BTC2) underwent a pump and dump that briefly put it in the top 25 on CoinMarketCap. We discuss how margin lenders lost over $14 million on Poloniex due to a rapid Clams (CLAM) crash on May 26. This story reveals the risks of margin lending. Hear about how the Komodo developers have pre-emptively hacked $13 million after discovering malicious code in the Agama wallet. Learn about how NEO is completely revamping its blockchain with the launch of NEO 3.0 in 2020, and how Binance stablecoins are coming soon, starting with a Great Britain Pound (GBP) stablecoin. We also discuss how users of Block.One’s new social media platform Voice will earn Voice tokens, making the platform an interesting alternative to Facebook.

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