Market manipulation with just one fake news TWEET

Bitcoin surged to $30K quickly after gold tick account Coingraph-News tweeted that: “SEC APPROVES ISHARES BITCOIN SPOT ETF” . In reality, it is fake news, after BlackRock confirmed that the news was false, their application is still under review.

Coingraph-News then commented under the "fake news" post saying that the Bitcoin Spot ETF application was still in "pending" status and stated that the tweet was misinformation, then they deleted the "fake news" tweet.

A few minutes later the price of $BTC fell again drastically to touch $27730.

According to a Watch-Guru report, "$65 million in $BTC was liquidated within minutes of false reports that BlackRock's Spot#BitcoinETF had been approved."

Galxe has announced an issue with their website that they are trying to resolve, and asked the community not to link their wallet.

Galxe has detected a security breach in the DNS records of the domain "galxedotcom" and is under further action. For security reasons, it is not recommended to visit these domains.

Stay SAFU 🙏

Through his Twitter account, the founder and CEO of Binance, Changpeng Zhao wrote that this was the first time he posted on Binance Feed and would follow new Binance Feed users aggressively.

Previously, Binance Feed Official announced that all Binance members who have carried out KYC can post their experiences and knowledge about crypto on Binance Feed.

I would like to express my gratitude for the appreciation from Binance Feed for me as one of the survey winners some time ago. I have received the gift and it is very impressive in my heart.

This is one of my motivations to always increase my knowledge in crypto investment on Binance, especially from the latest information from the Binance Feed. I'm proud of Binance, keep building and growing into the future.

Thank You, Binance.

Research on the latest data from Google Trends until September 2023 for searches for the keyword "NFT" on search engines around the world shows a significant decline in interest. The popularity of the term "NFT" on Google searches has decreased by approximately 95% compared to January 2022.

graphic source: Google Trends

HIFI token experienced a rapid surge of 450% in two weeks but immediately fell sharply one day after Binance introduced $HIFI in Perpetual Future trading on September 16, 14:30 UTC.

This phenomenon is commonly known as the "Rally then Sell" pattern which is often observed during listings on major exchanges.

Security incidents and investigations at CoinEx

On its twitter page, CoinEx has confirmed unusual withdrawals from several hot wallet addresses used to store the exchange's assets.

Initial assessments indicate unauthorized transactions involving ETH, TRON, and MATIC. According to CoinEx, the exact amount of the loss has not been determined, and the affected funds are only a small portion of CoinEx's total assets.

Several suspicious wallet addresses (posted on CoinEx twitter) associated with the hack have been isolated.

CoinEx assures that all user assets are safe and untouched. Affected parties will receive 100% compensation for any losses resulting from this hack.

Meanwhile, deposit and withdrawal services have been temporarily suspended for added security.

Previously, via its Telegram channel, the hacker group SiegedSec claimed to have hacked three databases originating from the Ethereum Name Service (ENS). The group hacked and duplicated terabytes of data, including "Usernames, Password Hashes, Auth Access tokens, LockLizard account details & much more."

Sushi announced its expansion to the Aptos Network, a Layer 1 blockchain that brings scalability, reliability, security and usability to its users. This integration is a milestone as it marks Sushi's first expansion into a non-EVM network. $SUSHI

According to him, Aptos infrastructure and its Move programming language empower developers to build web3 applications that meet the needs of today's consumers. Designed for smart contracts, the Move programming language empowers developers to create applications simply, securely, and quickly.

Aptos is the first non-EVM network launched by Sushi. Leveraging the Move Aptos programming language, Sushi is initially introducing Automated Market Maker (AMM) v2, with more integrations to come. This expansion to Aptos not only opens up a new, deep level of liquidity across major blockchain networks but also significantly improves the cross-chain trading experience. $APT

* Source Official Sushi Blog

On his Twitter page, Tether Technology Director Paolo Ardoino said that his company has US debt securities worth $72.5 billion (Rp. 1.08 quadrillion), more than the United Arab Emirates, Mexico, Australia and Spain, making Tether the largest bond holder. 22nd in the world.

According to him, USDT is the most widely used stablecoin in the world, with a large focus on emerging markets. For many of these communities, USDT is a lifeline to protect themselves from inflation in their national currencies.

The meme-based cryptocurrency, Shiba Inu $SHIB has gained significant attention recently due to its transaction volume surging in the last 24 hours with the presence of large investors, known as “Whale”.

Previously via his official blog (shiba blog) the main developer of Shiba Inu, Shytoshi Kusama,
congratulated the ShibArmy community on reaching over 1 million wallets, describing Shibarium as one of the "fastest and cheapest" L2 networks available. According to him, Shibarium aims to scale the original Ethereum-based Shiba Inu project, to facilitate faster and more cost-effective transactions.

One of Europe's largest airline groups, Lufthansa Airlines, launched a loyalty program that allows travelers to earn NFT rewards on the Polygon network. This was announced by PolygonLabs on its Twitter account.

Users will connect their own wallets (crypto wallets), such as Metamask/TrustWallet, to mint, transfer, and trade Uptrip Trading Cards as NFTs. Since the initial launch, more than 20,000 users have registered and more than 200,000 trading cards have been issued.

The Lufthansa Group, which includes Lufthansa, Swiss International Air Lines, Austrian Airlines and others, has more than 38 million registered members in the Miles & More loyalty program. Europe's largest airline group joins tens of thousands of decentralized applications and large companies such as Adobe, Stripe, and Robinhood that have built on the Polygon network.

PancakeSwap, a popular decentralized (DeFi) exchange on Binance Smart Chain, has expanded its operations to Base, an Ethereum layer 2 solution incubated by Coinbase. The move aims to provide faster and cheaper transactions for users on decentralized exchanges.

The core of PancakeSwap's functionality remains intact in Base, allowing users to exchange various tokens seamlessly with transaction fees as low as 0.01% with increased efficiency.

official source: pancakeswap finance blog $CAKE

🇦🇷 Argentina is considered one of the leading countries in the world when it comes to crypto innovation and adoption. That reputation was strengthened in August, as World ID demand in Argentina prompted a new single-day record for Orb verifications.

According to the official source of worldcoin blog, they have announced that Argentina has set a new record with 9,500 users completing World ID verification in one day, which means one person successfully passes verification every 9 seconds.

In addition, World App has become the top ranked app in the App Store in the Argentina region.

“I think the first thing that stands out is that Argentina in particular is one of the most advanced countries in terms of crypto in the world,” said Alex Blania, co-founder of the Worldcoin project $WLD . “People are much more sensitive and more understanding of the principles -basic principles of crypto. It is the combination of a highly technologically advanced country in general and also a crypto-first country in particular, that makes it an explosive platform for the next wave of innovation in this space.”

Through his blog page, Shiba Inu Developer Shytoshi Kusama thanked the Polygon team for help in providing additional resources to ensure perfect results in Shibarium's initial launch plans.

He also thanked those who fought and ignored fake news or misinformation about #Shibarium in various posts on social media.

"Those who build in a bear market, will win in a bull market." - Ryoshi, $SHIB Creator.

Be careful with ANY tokens you see, again, DYOR!

🇭🇰 Hong Kong's first licensed crypto exchange for retail investors, HashKey, has officially launched as the city continues to promote the development of virtual assets.

However, in Indonesia the Hashkey application on the Google Play Store is not available.

Update post Curve Finance hack

⚡According to Curve Finance reports that 70% of funds impacted by last week's hack have been recovered, active investigations relating to the remainder are still ongoing.

The Curve team is also continuously working to measure the share share of each impacted user with the aim of proper distribution.

⚡ Pools Aleth, Peth, MSeth, CRVETH can be exploited due to a bug in vyper 0.2.15-0.3.0
The Arbitrum-Tricrypto pool could be affected by the vulnerability but no possible exploit has been identified (it is recommended to leave the pool).
Apart from those listed above, all other pools remain safe.

⚡ A few days ago, Binance Labs announced a $5M investment in $CRV tokens in collaboration with Curve Finance for the future of the DeFi sector.

Visa has completed an “experiment” that allows users to pay blockchain transaction fees using a credit or debit card.

The experiment uses Paymaster smart contracts, on Goerli's Ethereum testnet network, combined with account abstraction and the ERC-4337 standard to cover crypto transaction costs (fee gas) for users. This eliminates the need for users who want to maintain an Ethereum balance. $ETH

Visa hopes the realization of such potential solutions can help set the stage for a more accessible and user-friendly approach to digital transactions.

source official website visa (usa)

Via its official twitter account, PayPal announced the launch of the stablecoin USD $PYUSD on Ethereum, issued and exchangeable at a ratio of 1:1 for Dollars.

According to him, it is designed for payments and is backed by highly liquid and secure assets. The demand for tokenized assets in the traditional financial services industry will be clearer than ever.