Low Float / High FDV goes both ways (at least short term), as proven by Celestia 9% initial circulating supply at 3B FDV (the price investors bought at) implies $270M MC Wormhole currently trades at $669M MC and - dare I say - has less mindshare and market share than its omnichain counterpart Parity on MC implies a 2.47x on VC prices; still locked for an entire year, with inability to sell staking rewards Max Pain is Airdrop recipients dumping their peanuts, just to recalculate how much their allocation would now be worth if they held for more than a day
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The US Federal Trade Commission Takes Action Against Adobe and Executives for Hiding Fees, Preventing Consumers from Easily Cancelling Software Subscriptions Federal Trade Commission (FTC) said Monday that Adobe deceives customers by "hiding" the early termination fee for the company's services, which includes popular tools such as Acrobat, Photoshop and Illustrator. Specifically, Adobe encouraged consumers to enroll in its "annual, paid month" plan without disclosing that canceling could cost hundreds of dollars, according to the agency. Users who do try to cancel are met unfair roadblocks, the lawsuit filed in federal court in California also alleges. "In numerous instances, subscribers who have requested to cancel through Adobe's customer service believe they have successfully cancelled but continue to be charged," the lawsuit states. "Some of these subscribers do not realize for months that Adobe is continuing to charge them, and only learn about the charges when they review their financial accounts.
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The zKSync crypto project will distribute tokens next week. As part of the airdrop, 3.675 billion ZK tokens will be distributed to 695 thousand 232 wallets. The number of coins allocated for airdrop is 17.5% of the total issue of 21 billion.
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