Squarespace Exploit Exposes Over 100 Crypto Projects 🚨🚀

Many crypto projects are currently at risk of exploitation following the hack of IT service management company Squarespace. As a company that offers Software-as-a-Service (SaaS) to crypto projects, the Squarespace hack has exposed more than 105 Web3 platforms.

Squarespace Hack: the Fallout
The crypto industry woke up to the news of the Compound Finance website hack. While not much of a hassle except for the initial inconvenience of accessing the site, users’ funds were deemed safe. The same fate that befell Compound Finance is also posing a threat to inter-layer communication protocol Celer Network.

Besides these two protocol, crypto users are advised to steer clear of Pendle Finance, DYDX Exchange, and Mendi Finance. After sustained growth trends seen over the past few weeks, the Squarespace Hack is also a threat to Polymarket. The prediction marketplace is also at risk as Squarespace powers the platform.

Hacks and exploits are not uncommon in the digital currency ecosystem. As previously reported by Coingape, a number of related exploits have made headlines over the past quarter. From the hack of Japanese firm DMM Bitcoin to the hijack of the X account of 50 Cents, the threat has grown over time.

While the extent of the Squarespace hack remain unknown, users are advised to maintain caution when accessing the exposed platforms. At the moment, many security outlets including Ironblocks have confirmed ongoing investigation into incident.

What to expect next
Many of the protocols with exposure to the Squarespace hack are providing support to their users. In the case of Compound Finance, Michael Lewellen provided users with an IPF link to access the application. This was not compromised in the hack, however, users are still advised to take caution.

The prevalence of hacks in the crypto world accounts for why proponents are advocating for self-custody of user’s funds. For platforms with bridges and liquidity pools, this exploit might impact users’ funds remarkably.

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Updated Bitcoin Monthly Chart.

Bitcoin is still trying to hold Monthly Support.
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Binance is often considered one of the safest exchanges in the world if you consider the level of security. 
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Investment Risk Disclosure:
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice.
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The cost of borrowing for student loans is set to hit a 16-year peak, with the interest rate on federal undergraduate loans anticipated to rise to 6.5% in July 🎓

The state of student loan debt in the US remains dire, and many are unaware of its severity. Current statistics reveal 👇

• Total student loan debt stands at $1.75 trillion.

• The average debt per borrower is $28,950.

• Federal student loans account for approximately 92% of all student debt.

• Over half of the students from public four-year colleges, about 55%, graduate with student loan debt.
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ALERT 🚨 😲 WHY NEWBIES SHOULD AVOID FUTURE TRADING ______❗❗

1. High Volatility: Crypto future trading is highly volatile, with prices fluctuating rapidly, leading to potential significant gains or losses.

2. Leverage: Traders can use leverage in crypto future trading, amplifying profits but also increasing the risk of substantial losses.

3. Market Understanding: Successful crypto future trading requires a deep understanding of the cryptocurrency market, including factors influencing price movements.

4. Risk Management: It's crucial to have a robust risk management strategy in place when engaging in crypto future trading to protect against unexpected market movements.

5. Education: Beginners should focus on educating themselves about cryptocurrencies, trading strategies, and risk management before diving into crypto future trading to increase their chances of success.

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#Everyone

$BTC will dump soon. So, Everyone Sell $ENA as soon as possible. Soon It will go down Below 0.50$ to 0.60$.

And It takes maximum 5/6 months+ to go 1$+ again. Because This coin has too much low supply usdt Against volume. The maximum buyer skips this coin from the last week.

#Alert🔴 #scamriskwarning #DYOR

I am writing this because of the trend of all young boys leaving work and trying to start trading.

If you want to do trading, do this first.

01) Several income sources. Because trading has both loss and profit. That's why it's worth having more ways to cover a loss.

02) Good knowledge. As I always say, trading is something that needs to be learned by spending time. That is why it is imperative to give it time.

03) A trading plan. It means simply how much you risk, how you plan a trade (stop loss, target, ladder points) and a plan that includes things like your monthly target.

04) A good psychology. That means this is purely a mind game. Because of that, if you lose your head, it will be a shame to go away son.

Because of that, don't be tempted to trade by disrupting your education. The very good traders you see (that is, not the fake ones who sell Tik Tok Courses) are the ones who have achieved a lot in their professional life. They were successful because of that strength.

It simply means that if you want to be a good trader, you need a good education, good discipline and a good financial background.

original owner: Nimithi
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