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Dogecoin Founder Issues Important Malware Warning to Advertisers. Dogecoin Founder Billy Markus has shared an important message to advertisers on social media platforms like X. Known as a vocal activist on X, the Dogecoin founder uncovered key reasons why users block ads that pop up on their timelines. Malware challenge. According to the Dogecoin founder, users are less likely to block ads if advertisers on websites stop making a habit of creating pops up with malware and other nonsense. His comments come amid growing concerns regarding scams on social media platforms like X. Especially in the Web3 world, many people use social media as a major channel to connect with users, and scammers generally take advantage of this. On different occasions, crypto projects like Shiba Inu (SHIB) and Ripple have issued warnings to their communities to beware of bogus claims on X. As Billy Markus noted, advertisers are to blame for users blocking their ads. Reacting to the post by the Dogecoin founder, users noted that it remains more helpful if projects, websites or advertisers just stick to telling the truth about their offerings. Users will always need to protect themselves, especially in the crypto ecosystem, where one click on social media can lead to account draining. Solving scams in crypto. As the digital currency ecosystem evolves, so too does the criminal activity grow more sophisticated. Just last week, U.Today reported that a Bitcoin whale lost a total of 1,155 BTC, marking one of the biggest heists of 2024. While many such related scams have been recorded over the past few years, there has always been one strategy to combat this unending fraud. This hinges on raising community awareness. Besides the regular sensitization from Shiba Inu and Ripple executives, Cardano Founder Charles Hoskinson also recently joined the trend, shining the spotlight on the role of Al Deepfakes overall. The bottom line is, too-good-to-be true offers in advertisements are a potential fund drainer to beware of. #MemeWatch2024

Dogecoin Founder Issues Important Malware Warning to Advertisers.

Dogecoin Founder Billy Markus has shared an important message to advertisers on social media platforms like X. Known as a vocal activist on X, the Dogecoin founder uncovered key reasons why users block ads that pop up on their timelines.

Malware challenge.

According to the Dogecoin founder, users are less likely to block ads if advertisers on websites stop making a habit of creating pops up with malware and other nonsense. His comments come amid growing concerns regarding scams on social media platforms like X.

Especially in the Web3 world, many people use social media as a major channel to connect with users, and scammers generally take advantage of this. On different occasions, crypto projects like Shiba Inu (SHIB) and Ripple have issued warnings to their communities to beware of bogus claims on X.

As Billy Markus noted, advertisers are to blame for users blocking their ads. Reacting to the post by the Dogecoin founder, users noted that it remains more helpful if projects, websites or advertisers just stick to telling the truth about their offerings.

Users will always need to protect themselves, especially in the crypto ecosystem, where one click on social media can lead to account draining.

Solving scams in crypto.

As the digital currency ecosystem evolves, so too does the criminal activity grow more sophisticated. Just last week, U.Today reported that a Bitcoin whale lost a total of 1,155 BTC, marking one of the biggest heists of 2024.

While many such related scams have been recorded over the past few years, there has always been one strategy to combat this unending fraud. This hinges on raising community awareness.

Besides the regular sensitization from Shiba Inu and Ripple executives, Cardano Founder Charles Hoskinson also recently joined the trend, shining the spotlight on the role of Al Deepfakes overall. The bottom line is, too-good-to-be true offers in advertisements are a potential fund drainer to beware of.

#MemeWatch2024

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Toncoin (TON) Skyrockets 376% in Whale Activity; What's Going On? In a striking development, Toncoin (TON) whales have recently ramped up their activity. According to on-chain data, whale activity for Toncoin has surged by an impressive 376% as the market steers toward recovery following a bearish start to the week. According to Into TheBlock data, Toncoin (TON), a cryptocurrency associated with the popular Telegram platform, has witnessed a remarkable surge in the last 24 hours in large transaction volume, a metric denoting whale activity. This surge, quantified at an impressive 376%, comes at a time when Toncoin is facing a price decline. At the time of writing, TON was down 2.53% in the last 24 hours to $6.90, extending a two-day decline. Meanwhile, the large transaction volume for Toncoin has come in at 1.74 million TON in the last 24 hours, or $12.42 million worth, representing a 376% increase. Toncoin set for rebound? After an enormous rally that caused Toncoin to reach an all-time high of $8.24 on June 15, bulls might be taking a breather before the next major move. The MVRV indicator from Santiment suggests the likelihood of consolidation or range trading for Toncoin in the short term. The MVRV ratio compares the market value of a crypto-asset to its realized value, offering insights into average trader returns. A lower 30-day MVRV suggests that the asset is undervalued and may be poised for a short-term price increase, while a higher ratio indicates overvaluation and the potential for a price correction. According to Santiment, Toncoin currently exhibits a 30-day MVRV of -0.6%, which is considered neutral. This neutrality in the MVRV ratio implies that Toncoin's market value is closely aligned with its realized value, indicating that the asset is neither overvalued nor undervalued at this juncture. In such a scenario, the likelihood of a short-term bounce is ambiguous, leaving investors to look for other signals to inform their trading decisions.
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Dogecoin (DOGE) Market Mystery: On-chain Data Reveals Intriguing Holder Trend. In a surprising twist on the Dogecoin (DOGE) market, on-chain data has unveiled a significant shift in holder behavior. According to a recent analysis by Into TheBlock, the largest Dogecoin whales have been steadily reducing their holdings over the past year. The data reveals that the percentage of the total Dogecoin supply held by those owning more than 0.1% each has decreased from 45.3% to 41.3%. This decline indicates that some of the largest holders of Dogecoin are lightening their positions, potentially altering the dynamics of the market. Conversely, the same period has seen a notable increase in the share of Dogecoin held by retail and mid-sized investors. As whale holdings diminish, these smaller investors now command a larger portion of the total supply. The on-chain data revealing the decrease in Dogecoin whale holdings and the subsequent increase in retail and mid- sized investor participation highlights a significant shift in the market. As the dynamics of Dogecoin ownership evolve, market participants will be closely watching to see how these changes impact price movements and overall market activity. DOGE price action. At the time of writing, Dogecoin price was posting a rebound, up 3.14% in the last 24 hours to $0.123 after reaching lows of $0.113 yesterday in a two-day drop. According to Santiment, crowd sentiment for Dogecoin has plummeted dramatically following its price decline, creating an opportunity for patient traders. At its current trading level, DOGE is currently positioned above a significant on-chain support level. According to Into TheBlock data, 41.78 billion DOGE were acquired at an average price of $0.103, showing a high demand zone that might be critical if the market continues to weaken. On the upside, DOGE may encounter resistance near $0.137, where 10.9 billion DOGE are now held at a loss.
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11,358 Bitcoin (BTC) Moved in One Hour - What's Happening Here? Whale Alert, a popular blockchain tracker that traces large cryptocurrency transactions, spotted several consecutive Bitcoin transfers earlier today. These transactions moved close to a whopping billion U.S. dollars within just a single hour. This happened as Bitcoin rebounded after its 4% decline on Tuesday. 11,358 Bitcoin on move. The aforementioned blockchain tracker detected three consecutive transactions, which transferred 11,358 BTC in total – the - equivalent of more than $743 million. These transactions carried 6,499; 2,359 and 2,500 Bitcoins. Just the first transfer alone was worth almost half a billion U.S. dollars. These mammoth transactions took place between unknown blockchain addresses. The amounts of 6,499 BTC and 2,359 BTC were transferred from the same wallet, vtv93w. Bitcoin recovers from recent drop on fourth day of Bitcoin ETF outflows. On Tuesday, the world's flagship cryptocurrency, Bitcoin, sent ripples through the crypto market by falling 4.05% as the price went down to the $64,360 zone. Since then, over the last 24 hours, BTC has printed a recovery, striving to break above $65,590. However, it was pushed back from this resistance level and is currently trading at $65,148. Among the multiple factors that have caused Bitcoin to drop once again was the fact of spot Bitcoin ETFs seeing zero inflows on June 18. Grayscale Bitcoin Trust saw a major outflow of $62.3 million, which was surpassed only by Fidelity's ETF seeing $83 million in BTC getting withdrawn from it. It was the fourth consecutive day of outflows, according to the @spotonchain analytics platform on X.
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