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Max Cryptobuddy
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🚀 Coinbase teams up with Meta, Ripple, and others to launch 'Tech Against Scams'! This initiative aims to tackle online fraud and protect users. 💪 🔹 It's not just a crypto problem, scams are a tech-wide issue. 🔹 The coalition will share best practices, threat intel, and more to keep users safe. 🔹 In 2023, losses due to online fraud surged 22% to $12.5B, with $4B linked to crypto investment fraud. Let's chat! 🗨️ What are your thoughts on this initiative? #TechAgainstScams #CryptoSafety #Web3

🚀 Coinbase teams up with Meta, Ripple, and others to launch 'Tech Against Scams'! This initiative aims to tackle online fraud and protect users. 💪

🔹 It's not just a crypto problem, scams are a tech-wide issue.

🔹 The coalition will share best practices, threat intel, and more to keep users safe.

🔹 In 2023, losses due to online fraud surged 22% to $12.5B, with $4B linked to crypto investment fraud.

Let's chat! 🗨️ What are your thoughts on this initiative? #TechAgainstScams #CryptoSafety #Web3

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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🚀Crypto world took a $42.6M hit in May, but hey, we bounced back with a $96.2M recovery!💪 Flash loan attacks were the main culprit, causing $20.7M in losses. Sonne Finance and TLN Protocol felt the sting the most. 🔍Exploits also left a mark, accounting for $19.7M in losses. Gala Games, AlexLab, Pump Fun, GNUS.ai, and Orion were the major victims. Exit scams, though less common, still contributed $1.8M to the losses. 📈Interestingly, flash loan attacks have been causing significant losses in odd-numbered months this year. February saw the most severe loss due to exit scams, totaling $58.3M. 🔐In 2024 so far, over $473M worth of crypto has been lost to hacks and rug pulls across 108 incidents, according to Immunefi. DeFi market remains the prime target for hackers. 🎯In May 2024, Ethereum and BNB Chain were the most targeted chains, representing 62% of total losses. 💭What's your take on these stats? How can we make the crypto world safer? Share your thoughts below! #CryptoSecurity #DeFi #CryptoNews
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🔐🕰️ Time-traveling hackers to the rescue! Joe Grand and Bruno, two cybersecurity whizzes, helped an anonymous crypto user, Michael, recover 43.6 BTC lost for 11 years. 🔒 In 2013, Michael used RoboForm to generate a unique password for his wallet, but stored it in an encrypted file for extra security. When the file got corrupted, access to the wallet was lost. 💡 Grand and Bruno found a vulnerability in RoboForm's random number generator, linking each password to a date and time. They used this info to reverse engineer the password, created on May 15, 2013. 💰 Michael rewarded the duo with some BTC and sold some for himself when the price hit $62K. He's holding onto 30 BTC (approx. $2M) until it reaches $100K. What's your crypto recovery story? Share below! 👇 #CryptoRescue #BTCRecovery
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🚀Shiba Inu (SHIB) and Dogecoin (DOGE) in the spotlight!💡 ChatGPT, the AI-powered chatbot, predicts a challenging journey for SHIB to reach the top 5 cryptocurrencies despite its strong community and Shibarium's Layer2 scaling solution. DOGE, on the other hand, backed by Elon Musk and Tesla, has a brighter outlook. Potential celebrity endorsements and market optimism could propel it into the elite club. 🐕 SHIB's dedicated community and Shibarium's progress could fuel a price rally, but becoming a top 5 crypto would require extraordinary gains and favorable conditions. 🚀 DOGE, the biggest meme coin, could see its market cap soar with celebrity support. Tesla's integration of DOGE as a payment option is a big plus. What do you think? Can SHIB and DOGE make it to the top 5? Let's chat in the comments! #DeFi #Web3 #DAO #Layer2
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🚀🎉 Ethereum's making waves! SEC's approval of ETH ETFs has sparked some market turbulence, but experts are predicting a potential rally and future growth. - ETH's price has seen some wild swings, but it's currently hovering around $3,800. - Analysts suggest we're in for a choppy ride until Monday, but a rally above $4,500 could be on the horizon. 📈 - Some are even predicting a bull cycle that could push ETH's price up to a whopping $20,000! The optimism isn't unfounded: - On-chain metrics like rising TVL and negative exchange netflow hint at a possible bull run. - Major banks and financial institutions are expected to dive into the Ethereum ecosystem following the SEC's thumbs up. What do you think? Is Ethereum set for a major breakout or are we in for more market turbulence? Share your thoughts below! 👇 #ETH #DeFi #BullRun
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📢 Big news, folks! Jian Wen, a British-Chinese woman, has been handed a 6-year sentence for laundering Bitcoin from a $6B scam. 😱 • Wen, 42, was found guilty of laundering Bitcoin for her ex-boss, Yadi Zhang. • Zhang allegedly scammed 130,000 investors in China, raking in a cool $5B. • Wen wasn't directly involved in the scam, but she did convert the Bitcoin into cash for luxury purchases. 💍🏡 In 2018, UK police seized $2.2B in Bitcoin related to the fraud. Wen's lawyer argued she was "duped and used", but the judge wasn't buying it. The UK is getting tough on crypto crimes. The lead investigator promises they'll "leave no stone unturned" to nab those using crypto for illegal activities. What do you think about this case? Let's chat below! 👇 #CryptoNews #BitcoinScam
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