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Coinbase Germany head on the real reason the country dumped $2.3bn in Bitcoin
Warning ALERT ‼️ ⚠️ 🚨 ⚠️ 🚨 ⚠️ ❗️
🚨 🚨 A bear trap is a deceptive technical signal indicating a shift from a rising market to a falling one. Believing the trend is turning bearish, traders may sell their holdings or open short positions in anticipation of declining prices.
When the price unexpectedly rises instead of falling further, these traders are caught off guard. They often face losses as they rush to close their short positions at higher prices.
Understanding bear traps is crucial. To avoid such traps, traders should rely on thorough analysis and not just initial signals, ensuring a more robust trading strategy.
#Write2Earn! #BinanceTournament #BinanceTurns7 #BinanceTurns7
🚨 🚨 A bear trap is a deceptive technical signal indicating a shift from a rising market to a falling one. Believing the trend is turning bearish, traders may sell their holdings or open short positions in anticipation of declining prices.
When the price unexpectedly rises instead of falling further, these traders are caught off guard. They often face losses as they rush to close their short positions at higher prices.
Understanding bear traps is crucial. To avoid such traps, traders should rely on thorough analysis and not just initial signals, ensuring a more robust trading strategy.
#Write2Earn! #BinanceTournament #BinanceTurns7 #BinanceTurns7
WazirX Hack: $230 Million Loss Impacts SHIB, FET, MATIC
India's largest cryptocurrency exchange, WazirX, has suffered a major security breach, losing over $230 million in digital assets. The hack was first reported by Cyvers Alert, which detected a suspicious address swapping various crypto assets for Ethereum (ETH).
Impacted Assets
The assets impacted include Pepe (PEPE), GALA (GALA), Shiba Inu (SHIB), Fantom (FTM), Fetch.ai (FET), Floki Inu (FLOKI), Chainlink (LINK), Polygon (MATIC), and USDT. Notably, the attacker still holds over $100 million in SHIB and $4.7 million in FLOKI, which may be converted to Ether.
Response
WazirX has paused INR and crypto withdrawals and is actively investigating the breach. The attackers are suspected of moving the stolen assets to Tornado Cash, a crypto mixer.
Market Impact
The hack comes as the crypto market shows signs of recovery, potentially causing significant disruption. Impacted assets, especially Shiba Inu, are starting to retract from recent gains.
#WazirX #BTC
India's largest cryptocurrency exchange, WazirX, has suffered a major security breach, losing over $230 million in digital assets. The hack was first reported by Cyvers Alert, which detected a suspicious address swapping various crypto assets for Ethereum (ETH).
Impacted Assets
The assets impacted include Pepe (PEPE), GALA (GALA), Shiba Inu (SHIB), Fantom (FTM), Fetch.ai (FET), Floki Inu (FLOKI), Chainlink (LINK), Polygon (MATIC), and USDT. Notably, the attacker still holds over $100 million in SHIB and $4.7 million in FLOKI, which may be converted to Ether.
Response
WazirX has paused INR and crypto withdrawals and is actively investigating the breach. The attackers are suspected of moving the stolen assets to Tornado Cash, a crypto mixer.
Market Impact
The hack comes as the crypto market shows signs of recovery, potentially causing significant disruption. Impacted assets, especially Shiba Inu, are starting to retract from recent gains.
#WazirX #BTC
$UNFI 🚨🚨🚨🚨Confidential Information Leak - Unifi Project🚨🚨🚨🚨
Date: July 16, 2024
Confidential Information - Restricted Access
Dear all,
I am an anonymous source within Binance and I have privileged information about the company's plans regarding the Unifi project. Unfortunately, I can confirm that Unifi will be delisted from the Binance platform in the near future.
After an internal evaluation, the executive team concluded that Unifi no longer meets our listing standards. Factors such as low liquidity, lack of continuous development, and concerns about the long-term sustainability of the project were decisive in this decision.
Although there is not yet an official announcement, the delisting of Unifi is expected to occur in the coming months. I believe the likely date will be September 30, 2024. After this date, investors will no longer be able to trade or withdraw their Unifi tokens through Binance.
I request absolute confidentiality regarding this information, as premature disclosure could cause panic among investors and negatively impact the market. However, I consider it important for Unifi holders to be aware of this risk and take the necessary measures to preserve their investments.
I recommend that investors closely monitor the official communications from Binance and other reliable sources about Unifi in the coming months. The volatility of the cryptocurrency market requires careful analysis and constant monitoring of assets.
I hope this confidential information is useful. I will be attentive to any additional developments.
Sincerely,
Anonymous Source from Binance
#ETH_ETF_Approval_23July #ETH_ETF_Approval_23July #ETH_ETF_Approval_23July #US_Job_Market_Slowdown
Date: July 16, 2024
Confidential Information - Restricted Access
Dear all,
I am an anonymous source within Binance and I have privileged information about the company's plans regarding the Unifi project. Unfortunately, I can confirm that Unifi will be delisted from the Binance platform in the near future.
After an internal evaluation, the executive team concluded that Unifi no longer meets our listing standards. Factors such as low liquidity, lack of continuous development, and concerns about the long-term sustainability of the project were decisive in this decision.
Although there is not yet an official announcement, the delisting of Unifi is expected to occur in the coming months. I believe the likely date will be September 30, 2024. After this date, investors will no longer be able to trade or withdraw their Unifi tokens through Binance.
I request absolute confidentiality regarding this information, as premature disclosure could cause panic among investors and negatively impact the market. However, I consider it important for Unifi holders to be aware of this risk and take the necessary measures to preserve their investments.
I recommend that investors closely monitor the official communications from Binance and other reliable sources about Unifi in the coming months. The volatility of the cryptocurrency market requires careful analysis and constant monitoring of assets.
I hope this confidential information is useful. I will be attentive to any additional developments.
Sincerely,
Anonymous Source from Binance
#ETH_ETF_Approval_23July #ETH_ETF_Approval_23July #ETH_ETF_Approval_23July #US_Job_Market_Slowdown
$BTC have tested its new resistance on a weekly timeframe
Now, I’m expecting nothing but a dump on a weekly down to 38k$
Smart people know $BTC dump to that zone in one day
During our wait for $Btc to hit that zone, we will be shorting and longing $btc as we ride down
Dream Chasers community will start applying DCA strategy to invest in $btc and $eth when $Btc hits at least 45k$
Good luck to us
Now, I’m expecting nothing but a dump on a weekly down to 38k$
Smart people know $BTC dump to that zone in one day
During our wait for $Btc to hit that zone, we will be shorting and longing $btc as we ride down
Dream Chasers community will start applying DCA strategy to invest in $btc and $eth when $Btc hits at least 45k$
Good luck to us
CoinStats Lost $2.2 Million in Crypto in June’s Hack to the Lazarus Group
CoinStats Lost $2.2 Million in Crypto in June’s Hack to the Lazarus Group
CoinStats, an established crypto-tracking program, has provided more details about its June security problem. The company believes the attack was carried out by the infamous Lazarus outfit or another hacking outfit funded by a nation-state.
The company noted in a recent incident report that a ” sophisticated (and we believe nation-state affiliated) attacker managed to access private keys of exactly 1590 CoinStats Wallets, resulting in the theft of approximately $2.2 million worth of cryptocurrency.”
Through collaboration with law enforcement and security researchers, we gathered enough evidence to confidently attribute the attack to the Lazarus Group or a related organization with a nation-state level of sophistication and resources.
CoinStats
The company noticed unusual activity connected to transfers involving the third-party supported, non-custodial CoinStats Wallet at 18:00 UTC on June 22, 2024. CoinStats promptly suspended the entire site to conduct a full investigation and notified the third-party wallet service provider to take any necessary action.
According to the report, the attacker was able to compromise many services connected to CoinStats’ storage of user-created wallet private keys “…through a combination of unauthorized intrusions across multiple services, including outside of CoinStats.”
According to the report, professionals such as ZachXBT and MetaMask lead security researcher Taylor Monahan are currently tracing the cash, and the attack has been reported to law authorities.
We enlisted the help of leading security researchers by the help of Security Alliance, including renowned experts like ZachXBT and Tay (Head of Security at MetaMask), to trace the stolen funds. Still ongoing. […] We reported the security incident to local law enforcement and the FBI.
CoinStats
According to the report, the attacker was able to compromise many services connected to CoinStats’ storage of user-created wallet private keys “…through a combination of unauthorized intrusions across multiple services, including outside of CoinStats.”
According to the report, professionals such as ZachXBT and MetaMask lead security researcher Taylor Monahan are currently tracing the cash, and the attack has been reported to law authorities.
CoinStats urged users to transfer assets out of wallets created on the platform in June after an attacker hijacked it and delivered fake notifications to mobile users. According to the entity, the hack impacted 1,590 wallets or 1.3% of all CoinStats wallets.
Since the breach, the company has entirely rebuilt its platform environment, “ensuring that no parts of the old infrastructure were used to guarantee the integrity of the new setup,” and hired new infrastructure auditors.
As a result, the site is back in full function, and while the business has found no evidence of user data theft, the report urges the company’s users to be wary of potential phishing attacks on companys-related email addresses as a precaution.
The company has also set up a form for victims of the attack to identify themselves by August 15 to be eligible for “any future support from the team,” though the company declined to reveal any particular specifics about stolen money reimbursement. #CPI_BTC_Watch
CoinStats, an established crypto-tracking program, has provided more details about its June security problem. The company believes the attack was carried out by the infamous Lazarus outfit or another hacking outfit funded by a nation-state.
The company noted in a recent incident report that a ” sophisticated (and we believe nation-state affiliated) attacker managed to access private keys of exactly 1590 CoinStats Wallets, resulting in the theft of approximately $2.2 million worth of cryptocurrency.”
Through collaboration with law enforcement and security researchers, we gathered enough evidence to confidently attribute the attack to the Lazarus Group or a related organization with a nation-state level of sophistication and resources.
CoinStats
The company noticed unusual activity connected to transfers involving the third-party supported, non-custodial CoinStats Wallet at 18:00 UTC on June 22, 2024. CoinStats promptly suspended the entire site to conduct a full investigation and notified the third-party wallet service provider to take any necessary action.
According to the report, the attacker was able to compromise many services connected to CoinStats’ storage of user-created wallet private keys “…through a combination of unauthorized intrusions across multiple services, including outside of CoinStats.”
According to the report, professionals such as ZachXBT and MetaMask lead security researcher Taylor Monahan are currently tracing the cash, and the attack has been reported to law authorities.
We enlisted the help of leading security researchers by the help of Security Alliance, including renowned experts like ZachXBT and Tay (Head of Security at MetaMask), to trace the stolen funds. Still ongoing. […] We reported the security incident to local law enforcement and the FBI.
CoinStats
According to the report, the attacker was able to compromise many services connected to CoinStats’ storage of user-created wallet private keys “…through a combination of unauthorized intrusions across multiple services, including outside of CoinStats.”
According to the report, professionals such as ZachXBT and MetaMask lead security researcher Taylor Monahan are currently tracing the cash, and the attack has been reported to law authorities.
CoinStats urged users to transfer assets out of wallets created on the platform in June after an attacker hijacked it and delivered fake notifications to mobile users. According to the entity, the hack impacted 1,590 wallets or 1.3% of all CoinStats wallets.
Since the breach, the company has entirely rebuilt its platform environment, “ensuring that no parts of the old infrastructure were used to guarantee the integrity of the new setup,” and hired new infrastructure auditors.
As a result, the site is back in full function, and while the business has found no evidence of user data theft, the report urges the company’s users to be wary of potential phishing attacks on companys-related email addresses as a precaution.
The company has also set up a form for victims of the attack to identify themselves by August 15 to be eligible for “any future support from the team,” though the company declined to reveal any particular specifics about stolen money reimbursement. #CPI_BTC_Watch
The European Union (EU) announced that it has signed a cooperation agreement with ChromaWay to develop blockchain-based sustainability solutions.
#BTC☀
#BTC☀
Linea Mainnet Bridges Over 700,000 ETH
According to BlockBeats, data from Dune reveals that as of July 13, the Linea mainnet has successfully bridged 704,107 ETH. The network has recorded a total of 1,167,561 transactions and has 537,247 unique interacting addresses.
Additionally, data from L2BEAT indicates that the current Total Value Locked (TVL) on Linea stands at $1.14 billion, reflecting a 2.74% increase over the past seven days.#Linea
According to BlockBeats, data from Dune reveals that as of July 13, the Linea mainnet has successfully bridged 704,107 ETH. The network has recorded a total of 1,167,561 transactions and has 537,247 unique interacting addresses.
Additionally, data from L2BEAT indicates that the current Total Value Locked (TVL) on Linea stands at $1.14 billion, reflecting a 2.74% increase over the past seven days.#Linea
According to Odaily, Pudgy Penguins has announced that their new 'Pudgy Wizard' series will be released exclusively on NTWRK. The launch is scheduled for July 16 at 8:45 AM Beijing Time (July 15 at 8:45 PM EST).#Ethereum_ETFs_Expected_Date #Megadrop #ETH_ETFs_Approval_Predictions #US_Job_Market_Slowdown #SOFR_Spike
Ethereum Beacon Chain Staking Reaches 33.4 Million ETH
According to Foresight News, data from Dune reveals that the total amount of staked Ethereum on the Beacon Chain has reached 33,406,525 ETH. This staked amount represents 27.85% of the total Ethereum supply. Among the various staking protocols, Lido holds a significant share, accounting for 29.01% of the staked ETH.
#BinanceTurns7 #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #SOFR_Spike #US_Job_Market_Slowdown
According to Foresight News, data from Dune reveals that the total amount of staked Ethereum on the Beacon Chain has reached 33,406,525 ETH. This staked amount represents 27.85% of the total Ethereum supply. Among the various staking protocols, Lido holds a significant share, accounting for 29.01% of the staked ETH.
#BinanceTurns7 #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #SOFR_Spike #US_Job_Market_Slowdown