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🔐 Cyber News (May 2, 2024): 1️⃣ Offchain Labs: On April 25th, developers of the #Optimism L2 solution addressed two serious vulnerabilities in the fraud protection mechanism deployed on the testnet. 🔒 2️⃣ 23pds: North Korean hackers, Lazarus Group, utilized a fake profile of an investment company employee on LinkedIn to launch cyberattacks on #DeFi projects. Through the fake profile, hackers scout for software developers in the DeFi sector, then distribute phishing links to them. 🎣 3️⃣ Jameson Lopp: Co-founder and security director of Casa platform, Jameson Lopp, executed an attack on the #Bitcoin testnet, disrupting its normal operation. Lopp only needed 20 lines of code and $1 for electricity to disrupt the blockchain's functioning. ⚡ 4️⃣ Justice: The US Department of Justice issued an indictment against investor Roger Ver, better known as "Bitcoin Jesus". He is accused, among other things, of fraud and failure to pay taxes totaling $48 million. ⚖️ 5️⃣ Pike: On April 30th, attackers targeted the DeFi protocol Pike Finance and withdrew 99,970 ARB, 64,126 OP, and 479 ETH totaling approximately $1.68 million. 💸 👍 Enjoying the read? Subscribe for more updates or drop a like below! Have questions? Feel free to ask!

🔐 Cyber News (May 2, 2024):

1️⃣ Offchain Labs: On April 25th, developers of the #Optimism L2 solution addressed two serious vulnerabilities in the fraud protection mechanism deployed on the testnet. 🔒

2️⃣ 23pds: North Korean hackers, Lazarus Group, utilized a fake profile of an investment company employee on LinkedIn to launch cyberattacks on #DeFi projects. Through the fake profile, hackers scout for software developers in the DeFi sector, then distribute phishing links to them. 🎣

3️⃣ Jameson Lopp: Co-founder and security director of Casa platform, Jameson Lopp, executed an attack on the #Bitcoin testnet, disrupting its normal operation. Lopp only needed 20 lines of code and $1 for electricity to disrupt the blockchain's functioning. ⚡

4️⃣ Justice: The US Department of Justice issued an indictment against investor Roger Ver, better known as "Bitcoin Jesus". He is accused, among other things, of fraud and failure to pay taxes totaling $48 million. ⚖️

5️⃣ Pike: On April 30th, attackers targeted the DeFi protocol Pike Finance and withdrew 99,970 ARB, 64,126 OP, and 479 ETH totaling approximately $1.68 million. 💸

👍 Enjoying the read? Subscribe for more updates or drop a like below! Have questions? Feel free to ask!

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📈 Prediction (TON and FET): 🖖 TON/USDT - The price of #Toncoin is feeling the impact of declining bullish sentiment and confidence among #TON holders. This is evident from the decrease in the on-chain metric known as Mean Coin Age (MCA). This indicator measures the trading sentiment among long-term investors. It calculates the average number of days that coins in circulation have remained on their current addresses. An increase in this indicator suggests that investors prefer to hold onto the asset. Its decrease, on the other hand, means that investors are moving their assets between addresses, which is seen as a sign of low confidence. For TON, this indicator has been declining since February, but overall market signals continued to support the price of Toncoin. However, these signals are now weakening, and the lack of confidence might affect the price dynamics. Forecast: The price of Toncoin attempted to break through the resistance at $7.0 but has failed to do so in the past ten days. As a result, TON has fallen below the significant psychological support level of $6.5. A recent market-wide rally pushed the token above this support, but it couldn't sustain and retraced below it. This bearish sentiment will pressure Toncoin's price until investor behavior changes. Consequently, the cryptocurrency may test the support at $6.0. Losing this support could lead to a decline to $5.4. 🤫 FET/USDT - The price of #Fetch.ai broke through the resistance at $2.50 and reached $2.58, showing an almost 18% increase in three days. This allowed the altcoin to exit a month-long consolidation, but #FET may soon return to it. This is due to the aforementioned factors that suggest a bearish scenario for the price. Accordingly, Fetch.ai may lose support at the $2.50 level and fall to $2.26 or lower. On the other hand, a bounce from the $2.50 support could lead to sideways movement as the market cools down. Such dynamics might support the price if high demand persists, contradicting the pessimistic forecast. 👍 If you found this analysis helpful, please share it with others!
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🪙 Crypto News (May 23, 2024): 1️⃣ Lookonchain: An anonymous investor earned over $3.4 million through investments in the meme coin Pepe Coin (PEPE). Experts report that on April 15, 2023, this trader bought 324.9 billion #PEPE for 0.22 ETH (worth $462 at the time). On May 21, 2024, they sold 182.9 billion PEPE for $3.4 million. This impressive move increased their investment by 7368 times in just over a year. 📈💰 2️⃣ The Block: Matter Labs, the company behind the EVM-compatible layer-two solution zkSync, plans to hold a #TGE this week. The token launch and airdrop are set to occur within 30 days following the TGE. The total supply of the new tokens will be 21 billion. Asset distribution is scheduled for June 13, and the company has emphasized that this airdrop will take place before a similar event by Blast, planned for June 26. 📅📦 3️⃣ Notcoin: The Web3 gaming project Notcoin has announced a new competition with a total prize pool of 20 million NOT, valued at approximately $100,000. The Notcoin team is launching the #NOT ART contest, inviting all "non-artists" — those who don't fit the traditional art mold — to participate. 🎨🏆 4️⃣ deBridge: The EVM-compatible cross-chain protocol deBridge has launched its governance token DBR. The total issuance of #DBR coins on the Solana SPL standard will be 10 billion, with an initial market supply of 1.8 billion. The community will receive 20% (2 billion DBR) through an airdrop. The development team will receive another 20%, and 17% will be allocated to strategic partners. 🌉🔗 5️⃣ Circle: #Circle has announced a new media campaign titled "Money Is Now Open". The campaign aims to promote greater transparency and openness in the financial sector for everyday users. 💵🔓 👍 If you haven't subscribed yet, please do so, leave a like, or comment below!
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🪙 Crypto News (May 22, 2024): 1️⃣ CryptoPunks: On May 20, 2024, the #CryptoPunks project, backed by the Yuga Labs team, unveiled a fresh collection of non-fungible tokens (NFTs) dubbed Super Punk World. This collection boasts 500 NFTs in the form of three-dimensional figures, aiming to transcend the boundaries of race and gender. 🎨 2️⃣ Chainwire: Hex Trust, a cryptocurrency custodian based in Hong Kong, has launched USDX, a stablecoin built on the Flare blockchain. Tethered to the value of the US dollar, this asset marks the first of its kind within the Flare ecosystem. The project was spearheaded by HT Digital Assets, a subsidiary of the custodian. 💰 3️⃣ Sei: Within the #Sei Network community, a voting process has commenced regarding the blockchain's upgrade to its second iteration. This iteration introduces a "parallelized" Ethereum Virtual Machine (EVM). The voting period spans until May 25, with the initial implementation phase, encompassing governance decisions, set to last seven days. As of now, the proposal enjoys unanimous support. 🗳️ 4️⃣ Coinbase: Futures contracts for oil and gold are slated to debut on Coinbase. 5️⃣ Mint: The #Mint blockchain team has heralded the launch of the main network tailored for developers. This launch allows for testing the solution prior to its public release. During the mainnet operation, developers can deploy their own products and infrastructure on the network. The Mint mainnet is constructed atop the OP Stack, signifying its integration into the OP Superchain. The project's overarching ambition is to entice a million developers and a billion users, accelerating the establishment of a global decentralized system aimed at enhancing economic freedom worldwide. 🌐 👍 Did you find this intriguing? Stay updated with more content like this by subscribing!
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🔐 Cyber News (May 22, 2024): 1️⃣ EC: The European Commission (EC) has initiated an official inquiry into #Meta Corporation to assess its endeavors in safeguarding minors on the Facebook and Instagram social platforms. 👨‍⚖️ 2️⃣ pump.fun: Accusations have been levied against a former employee by Pump.fun, the platform for launching meme tokens on Solana, citing an exploit resulting in a $1.9 million loss. Allegedly, the perpetrator capitalized on their "privileged position" to gain withdrawal rights and leveraged flash loans in SOL to procure tokens until they hit 100% on the "binding curve," thereby accessing liquidity to settle debts. 🔍💰 3️⃣ Financial Times: British engineering firm Arup incurred a $25 million loss due to fraudulent activity involving deepfakes during a video conference. 📉🎭 4️⃣ Justice: The US Department of Justice announced the arrest of two Chinese nationals on charges of laundering $73 million through sham companies associated with cryptocurrency investment scams. Darren Lee, 41, was apprehended on April 12, 2024, at Hartsfield-Jackson Atlanta International Airport, while Yicheng Zhang, 38, was detained on May 16 in Los Angeles. ⚖️🔒 5️⃣ benefactor: An unidentified individual released and withdrew 5 billion #GALA tokens from the Gala Games Web3 gaming platform, amounting to approximately $210 million. The perpetrator managed to sell 600 million GALA tokens through the decentralized exchange Uniswap. Consequently, the asset's price plummeted by approximately 20% in less than an hour — from around $0.048 to $0.038 (CoinGecko). 💸🎮 💪 Have any questions? Feel free to ask in the comments below!
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🪙 Crypto News (May 22, 2024): 1️⃣ Mastercard: #Mastercard has announced the inclusion of five innovative startups in its blockchain and digital assets program. These startups will collaborate with Mastercard to develop and refine blockchain applications, expanding the possibilities of digital payments. 💳🚀 2️⃣ albertonews: The Venezuelan Ministry of Electricity will disconnect all cryptocurrency #mining farms from the national power grid to manage electricity demand. ⚡️🇻🇪 3️⃣ Across: The #Uniswap Labs and Across Protocol teams have brought up a new industry standard, ERC-7683, to facilitate intents-based interconnectivity.🧽 4️⃣ Barry Silbert: Barry Silbert, CEO of Digital Currency Group (DCG), announced a leadership change at Grayscale Investments. Michael Sonnenshein will step down as CEO, and Peter Mintzberg, formerly Global Strategy Director at Goldman Sachs, will take over on August 15. 🏦🔄 5️⃣ Binance: Binance, the cryptocurrency exchange, plans to tackle the issue of tokens with low market capitalization compared to their fully diluted valuation (FDV). To address this, the platform is launching a new support program for projects. 📈🔧 👍 If you haven't subscribed yet, be sure to follow for more updates, leave a like, or drop a comment below!
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