I want to go to sleep with $30 on my balance, and wake up an | Derek Critchelow on Binance Square

Trending Articles

Bookmarked and Liked

Derek Critchelow

--

I want to go to sleep with $30 on my balance, and wake up and see that there is $100,030 there :)))🤔How real can this be not in a dream?
#HotHeart 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

1.8k

0

Replies 1

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

Derek Critchelow

@Square-Creator-41547a01ef31

Explore More From Creator

The Australian National Police Agency (AFP) has gained access to a suspect’s AUD9.3 million ($6.41 million) in crypto assets by decrypting the wallet’s seed phrase. On September 17, law enforcement officers arrested a 32-year-old alleged administrator of the encrypted messenger Ghost as part of Operation Kraken. According to authorities, the app is specifically designed for organized crime, which is involved in drug trafficking, money laundering, and contract killings. Criminals purchased modified smartphones for $1,600, which included a six-month subscription to an encrypted network and technical support. As of September 17, the AFP counted 376 such active devices in the country. Ghost came to the attention of the police in 2022, although it was created about nine years ago. The messenger administrator is charged with six counts, including supporting a criminal organization. He faces up to 26 years in prison. The suspect's cryptocurrency was seized after a specialist from the AFP's Criminal Asset Confiscation Task Force (CACT) deciphered the seed phrase by analyzing digital devices found in his home. This allowed law enforcement to transfer the funds to their own secure storage. The agency's statement does not explain what method the analyst used to crack the mnemonic, which administrator devices he was accessing, or whether the seed phrase was 12 or 24 words long. This is the second case of digital asset seizures during Operation Kraken - in September, the AFP froze assets worth AUD 2 million ($1.38 million) of suspects. Now the government can generate our seed phrases?🤔❤️‍🔥🚨 #HotTrends

--

In Q3 2024, the crypto industry suffered $753 million in losses as a result of 155 hacks, exploits, and frauds. The amount of damage increased by 9.5% compared to the previous period — $687 million, while the number of episodes decreased by 27. Since the beginning of the year, the cumulative loss figure has reached $2 billion. In July-September, the largest incident was the theft of 4,064 BTC ($238 million) from a presumed creditor of Genesis Trading on August 19. In September, the FBI arrested two suspects in the attack. Along with the hack of the Indian exchange WazirX in July for $235 million, the two aforementioned cases provided the largest contribution to the quarterly losses. It was possible to recover $30.9 million in 10 incidents. Therefore, the adjusted damage is ~$722.2 million with an average of $5.9 million per attack. In terms of blockchains, Ethereum turned out to be the anti-leader. The network experienced 86 episodes with total losses of more than $387 million. Bitcoin came in second place with a loss of coins worth the same $238 million as a result of a single event. #ScamRiskWarning 🤔☠️

--

Vitalik Buterin acknowledged the need to reduce the minimum deposit to 16 or 24 ETH. The solution he proposed would increase the equipment requirements for solo stakers. In mid-September, Buterin addressed the importance of individual staking as a factor in network security and decentralization during his speech at the Ethereum Singapore 2024 conference. The expert drew attention to the role of solo validators in preventing hypothetical 51% attacks. Earlier, he stated the need to prepare the network for possible similar threats. In July, the team lead for Ethereum execution layer developers, Peter Szilágyi, expressed concerns about the development of the blockchain towards centralization. In this vein, he directly mentioned PeerDAS, which, among other changes, will gradually increase the size of binary data arrays (BLOB) to 32 MB. According to Szilágyi, this will hit home stakers and will be their "murder in front of everyone." Node operators will need a reliable Internet channel with a speed of at least 2.5 Gbps, the developer emphasized. Buterin did not agree with his statements, noting that measures are being developed to minimize the negative consequences of the updates. Before that, in May, the Ethereum co-founder supported Szilágyi, recognizing the main threats to the decentralization of the MEV network, liquid staking and the cost of running a full node. BLOBs, which appeared as a result of the April Dencun hard fork, allowed to reduce fees in the L2 ecosystem several times, especially based on the Rollups technology. However, this led to a drop in blockchain revenue and inflation of ETH. The community has already expressed the idea of increasing the size of fees for transactions with objects. Buterin noted the increased availability of rollups and advocated for increasing the number of BLOBs in blocks. #ETH 💔❤️‍🔥

--

According to expert Ryan Lee, the cost of ETH may range from $2,200 to $3,400. Ryan Lee believes that several key factors will influence the digital asset rate in October. One of them, the analyst noted, is the reduction of the key rate by the US Federal Reserve. After this figure equals the yield of Ethereum staking, which is currently 3.5% per annum, ETH will again become an attractive investment instrument, so the reduction of the key rate will have a positive effect on the cost of the cryptocurrency, the expert believes. Another factor that can influence the Ethereum rate is the release of EigenLayer tokens (EIGEN) and the subsequent listing of the coin on exchanges. This may provoke an influx of additional funds into the ecosystem, which will help ETH outpace even Bitcoin and Solana (SOL) in price growth, the expert noted. #ETH🔥🔥🔥

--

Token unlocks and conferences. Important Cryptocurrency Events of October Stacks (STX) — Nakamoto Hard Fork The Nakamoto hard fork is a major upgrade to the Stacks network that will be activated on October 9 Future Blockchain Summit 2024 Conferences in Dubai Future Blockchain Summit 2024 will be held from October 13 to 16 in Dubai DeBridge (DBR) token sale launch on Jupiter Launchpad is scheduled for October 15, 2024 Web3 Summit 2024 — an important event dedicated to the development of the decentralized Internet, which will be held from October 16 to 18 in Berlin Unlocks: Celestia (TIA) — the largest unlock, scheduled for October 30, with 175.56 million tokens, equivalent to $ 1.12 billion. Sui (SUI) — 64.19 million tokens worth about $108 million will be unlocked on October 1. Aptos (APT) - 11.3 million tokens worth about $91 million will be unlocked on October 11. Solana (SOL) - tokens worth $360 million will be issued during October. Arbitrum (ARB) - 92.65 million tokens are expected to be unlocked, equivalent to about $61.90 million. Cardano (ADA) - about 18.53 million tokens will be unlocked on October 2 worth about $7.5 million. In addition, tokens of such projects as Immutable (IMX), Optimism (OP), ZetaChain (ZETA) and Galxe (GAL), Mode (MODE), Neon (NEON), Starknet (STRK) will also be unlocked, which will add significant liquidity to the market in total. Well, let's see what interesting things all this leads to.🕐🤔

--

Latest News

Renzo's Official X Account Suspected of Being Hacked

--

BCG Report Highlights Tokenization As The Third Transformation In Asset Management

--

Smart Money Address Profits From Bitcoin And Ethereum Trades

--

Tokenization Of Real-World Assets Expected To Surge By 2030

--

Flow Traders CEO Highlights Blockchain's Potential At SmartCon 2024

--

Cookie Preferences

ba-one-trust-cookie