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Enhanced Games: Redefining Sports with Science

The Enhanced Games: A New Era of Athletic Performance In a bold move that challenges the long-standing traditions of the sporting world, a new organization called the Enhanced Games is set to debut at the upcoming Paris Olympics. Backed by tech billionaire Peter Thiel, this initiative seeks to redefine the boundaries of human potential by allowing athletes to use performance-enhancing drugs under clinical supervision. This provocative approach raises significant questions about the future of sports, the ethics of competition, and the very essence of athletic achievement. The Vision Behind the Enhanced Games Leading the Charge Aron D Souza, a lawyer known for his legal battles, notably against Gawker Media, stands at the helm of this revolutionary concept. He asserts that science should not be an outcast in sports , arguing for its integration to unlock unparalleled human capabilities. The aim is to “end the oppression of science in sports,” as D Souza emphasized in an intervie

Unveiling Pump and Dump Schemes on Ethereum DEXs

Chainalysis Report Reveals Concerning Trends in Ethereum Decentralized Exchanges

The recent Chainalysis report sheds light on the prevalence of pump and dump schemes among newly listed tokens on Ethereum decentralized exchanges (DEXs). Here is a breakdown of the key findings:

  • Pump and Dump Patterns:

    • 54% of Ethereum-based tokens listed on DEXs in the past year exhibit patterns suggestive of pump and dump schemes.
    • While most tokens show signs of potential scams, they represent only 1.3% of total DEX trading volume.
  • Profit from Manipulation:

    • Actors behind pump and dump tokens collectively made \(241.6 million in profit, averaging around \)2,500 per scheme.
    • Majority of dumps occur within the initial weeks of a token’s launch.
  • Criteria for Identifying Pump and Dump Behavior:

    • Chainalysis researchers defined three on-chain criteria:
      1. Token purchased five or more times by unrelated DEX users.
      2. Single address removing over 70% of liquidity.
      3. Current liquidity below $300, indicating inactivity.
  • Challenges in Legal Definition:

    • While on-chain criteria help identify pump and dump behavior, external factors and proof of intent are crucial for legal definitions.
    • Wash trading, a red flag for manipulation, can be spotted through on-chain analysis.
  • Transparency and Investor Awareness:

    • Investors can leverage on-chain data to differentiate risky tokens.
    • Chainalysis emphasizes the importance of educating oneself and conducting thorough due diligence before investing in new tokens.
  • Regulatory Implications:

    • Regulators and policymakers are urged to utilize on-chain data to identify and combat pump and dump schemes.
    • Transparency provided by blockchain can aid in maintaining market integrity and combating fraudulent activities.

In conclusion, the Chainalysis report serves as a call to action for investors to exercise caution and for regulators to leverage the transparency of blockchain technology to combat illicit activities in the crypto space. By utilizing on-chain data and tools, stakeholders can work towards a more secure and trustworthy environment for cryptocurrency trading.


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