Everything we know so far about Jupuary 2025 in 10 Tweets:

🧵👇 Jupiter's token distribution is based on a core balance:

50% to be managed by the community and 50% by the team.

This is Jarett Dunn, the pumpfun exploiter

He stole $2 Million dollars and airdropped it to the masses

Now he faces 7 years in prison and $13 Million in damages

Here is his story in his own words

🧵 👇 Back in May, the timeline erupted in chaos.

Pumpfun had experienced a massive breach — or at least that was the initial claim.

Everyone panicked as they anticipated Solana would tank in response to this event.

30 celebrity coins launched on Solana last month.

Here’s where they are now:

🧵👇 A new Meta emerged last month as celebrities from Andrew Tate to Soulja Boy launched dozens of tokens.

It was so prevalent that even Vitalik commented on it.

For a trend that once dominated the timeline, how did it end up playing out?

Crypto scams stole $3.94B dollars from victims in 2023 alone.

One misstep can cost you everything you've ever worked for.

These are the 9 most common scams you need to know to make it out of the bull-run intact.

🧵 👇 1️⃣ The Discord Verification Scam

This comes in various forms, but the endgame is always the same:

To get you to join a Discord server where you have to use their 'special' verification system.

https://twitter.com/3012852462/status/1725625175318663672

The case for Solana — by Visa.

🧵 👇 0️⃣ Background:

40% of credit card transactions go through Visa.

When someone makes a purchase, they aren't privy to everything happening on the backend layer.

This is due to Visa's settlement systems which allow billions of daily transactions to move seamlessly.

Billion dollar brands have failed to recreate their success in the NFT space.

Despite years of attempts — you might not have even noticed them at all:

🧵 👇 Almost a week ago, Doodles announced a merch collaboration with Crocs — a 7 billion dollar company and a household name.

How was it received?

https://twitter.com/doodles/status/1687511004282855426

Crypto has a habit of pushing for adoption at any cost.

Today people were celebrating the launch of Paypal's new stablecoin — PYUSD.

But there's always a hidden price in the fine print

One that might cost us everything:

🧵 👇 Below is a breakdown of the terms of service of Paypal's "Crypto Hub", where many concerning portions are highlighted.

But it also brings to light a much deeper discussion about Crypto-Alignment.

Is it all just a tool, or is there an actual ethos uniting us?:

In the last 24 hours, an entire month happened in crypto.

But if you were too busy to notice, it may have gone under your radar:

🧵 👇 1️⃣ The SEC tried to nuke Crypto:

It has been revealed that prior to their June 6th lawsuit, the SEC formally requested that Coinbase halt the trading of all cryptocurrencies other than BTC.

https://twitter.com/BTC_Archive/status/1685922753205923840

Contrary to their mission, the SEC's incompetence has ruined investors and crippled innovation.

A prelude to this week's black swan event — and why the future will move on with or without the US:

🧵 👇 This thread was co-authored by @KEMOS4BE

Make sure to RT and follow him, if you'd like to continue supporting this type of content.

A case study on the Metaplex situation:

How good intentions spiraled into a PR crisis that could fracture the ecosystem.

🧵 👇 This thread was co-authored by @KEMOS4BE. If you enjoyed reading it, make sure to give him a follow.

I feel an urgency to write this thread because this project is minting as we speak

This morning an individual came to me claiming of a group of devs who had undeniably rugged a project, that may be involved in a new one 🧵👇 The original project was called Sol Ape Yacht Club

Glancing at their discord and twitter immediately revealed glaring red flags.

I've written my share about @DedMonkes, and my appreciation for the project goes far beyond my admiration for @0xKVMO and @crypto_devour

I can keep claiming that this small alpha chat is the best of its size, or I can prove it below with receipts 🧵👇 If you bought into every single call they've made, you'd be up 189 SOL ytd.

And there are many people who bought more than 1.