StaySAFU
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CRITICAL WARNING BY THE SHIBA INU (SHIB) TEAM
The Shiba Inu team issued a critical warning in association with a token that they have not yet launched.
Shiba Inu (SHIB) is one of the so-called OG dog-themed meme coins, and it boasts one of the largest online communities amongst all cryptocurrencies in general.
While this can be a sign of a thriving ecosystem, it’s also a target for many hackers who are constantly attempting to scam users out of their hard-earned money.
That’s why the team behind SHIB often issues critical warnings and urges its community to remain cautious.
LUCIE, the marketing lead of the project, recently took it to Twitter to remind users that one of the tokens that they plan to issue is not live yet.
Remember, treatsforShib is not launched yet. Don’t let scammers deceive you. $TREAT IS NOT LAUNCHED YET.
The warning LUCIE is issuing is in association with a very popular means of tricking users into losing their funds. A perpetrator would create a fake token that carries the same ticker as the original one. They would then go on to develop and design creative assets that mimic that of the original project. They would create fake usernames and accounts on X, and fake groups on Telegram and other social channels. Their sole purpose is to lure people into either buying into a fake presale or buying tokens that they’ve launched, only to rug-pull them quickly after.
In that sense, remember that there’s always someone out there who’s job is to scam you, so make sure that you’re always employing the best practices when interacting with various crypto projects
#shiba⚡ #StaySAFU
The Shiba Inu team issued a critical warning in association with a token that they have not yet launched.
Shiba Inu (SHIB) is one of the so-called OG dog-themed meme coins, and it boasts one of the largest online communities amongst all cryptocurrencies in general.
While this can be a sign of a thriving ecosystem, it’s also a target for many hackers who are constantly attempting to scam users out of their hard-earned money.
That’s why the team behind SHIB often issues critical warnings and urges its community to remain cautious.
LUCIE, the marketing lead of the project, recently took it to Twitter to remind users that one of the tokens that they plan to issue is not live yet.
Remember, treatsforShib is not launched yet. Don’t let scammers deceive you. $TREAT IS NOT LAUNCHED YET.
The warning LUCIE is issuing is in association with a very popular means of tricking users into losing their funds. A perpetrator would create a fake token that carries the same ticker as the original one. They would then go on to develop and design creative assets that mimic that of the original project. They would create fake usernames and accounts on X, and fake groups on Telegram and other social channels. Their sole purpose is to lure people into either buying into a fake presale or buying tokens that they’ve launched, only to rug-pull them quickly after.
In that sense, remember that there’s always someone out there who’s job is to scam you, so make sure that you’re always employing the best practices when interacting with various crypto projects
#shiba⚡ #StaySAFU
There is no easy money. #StaySAFU
LIVE
Binance Risk Sniper
--
This is a true story
Mark was approached by a recruiter via WhatsApp. The recruiter tells Mark a digital marketing company based in London is offering part-time work with a high salary (~1000 USDT weekly) that is paid via an encrypted wallet. The recruiter adds that the job requires minimal skill, provides flexible arrangements, and only requires Mark to have a working phone with mobile data.
Mark, attracted by the job description, follows the recruiter's instructions and registers an account on their platform. The recruiter informs Mark that he has to deposit 500 USDT to receive the first 40 tasks, which Mark does. Upon completing the tasks, Mark discovers he can’t withdraw his money from the platform. The scammer then demands Mark pay an additional 1000 USDT to receive his initial deposit back.Mark realizes the “job” is a scam, but it’s already too late.
Please refuse any job that seems easy and can easily make a lot of money. If there is such a good opportunity, why don't the scammers do it by themselves?
Stay SAFU🙏
Mark was approached by a recruiter via WhatsApp. The recruiter tells Mark a digital marketing company based in London is offering part-time work with a high salary (~1000 USDT weekly) that is paid via an encrypted wallet. The recruiter adds that the job requires minimal skill, provides flexible arrangements, and only requires Mark to have a working phone with mobile data.
Mark, attracted by the job description, follows the recruiter's instructions and registers an account on their platform. The recruiter informs Mark that he has to deposit 500 USDT to receive the first 40 tasks, which Mark does. Upon completing the tasks, Mark discovers he can’t withdraw his money from the platform. The scammer then demands Mark pay an additional 1000 USDT to receive his initial deposit back.Mark realizes the “job” is a scam, but it’s already too late.
Please refuse any job that seems easy and can easily make a lot of money. If there is such a good opportunity, why don't the scammers do it by themselves?
Stay SAFU🙏
Cryptocurrency Exchange #Poloniex was a victim of a major hack last November 10, 2023 with over $114 Million Assets.
Justin Sun, TRX founder and Poloniex Investor, confirmed the hack, stating on X,
“We are currently investigating the Poloniex hack incident. Poloniex maintains a healthy financial position and will fully reimburse the affected funds. Additionally, we are exploring opportunities for collaboration with other exchanges to facilitate the recovery of these funds.”
Arkham has also posted on X that they have created and funded a bounty to help identify the person or organization behind Poloniex exploit.
Sun added this statement a day after the incident "The Poloniex team has successfully identified and frozen a portion of the assets associated with the hacker's addresses. At present, the losses are within manageable limits, and Poloniex's operating revenue can cover these losses."
Poloniex withdrawals were temporarily disabled until today. #Poloniex states they maintain healthy financial position and will fully reimburse the affected funds.
#StaySAFU
Justin Sun, TRX founder and Poloniex Investor, confirmed the hack, stating on X,
“We are currently investigating the Poloniex hack incident. Poloniex maintains a healthy financial position and will fully reimburse the affected funds. Additionally, we are exploring opportunities for collaboration with other exchanges to facilitate the recovery of these funds.”
Arkham has also posted on X that they have created and funded a bounty to help identify the person or organization behind Poloniex exploit.
Sun added this statement a day after the incident "The Poloniex team has successfully identified and frozen a portion of the assets associated with the hacker's addresses. At present, the losses are within manageable limits, and Poloniex's operating revenue can cover these losses."
Poloniex withdrawals were temporarily disabled until today. #Poloniex states they maintain healthy financial position and will fully reimburse the affected funds.
#StaySAFU
🚨Important🚨
It's testnet/airdrop season, so we've been clicking many links and connecting our wallets to different sites these days.
We might expose our wallets to scam sites one day, and watch our hardwork go in vain.
Some tips to reduce these risks:
Use different wallets for different activities;
As an airdrop hunter, you should have at least, these 3 categories of wallet.
🔹Staking wallet
🔹Testnet wallet
🔹Hodl wallet
Further details
1. Staking wallet: this should be where you stake your coins for airdrops. Should be same as your hodl wallet, but remember, this wallet will be connected to claim sites very often, not so safe to store your long-term gems in there.
2. Testnet wallet: for all your testnet campaigns, very little to no real funds should be in this wallet.
3. Hodling wallet: preferably a hardware wallet for your long term gems, this is where the biggest size of your portfolio should be stored in. Shouldn't be connected to unknown sites.
And lastly some noob advice
- Not your keys, not your funds. Always use a non-custodial wallet for your crypto activities.
- Do not share your seed phrase with anyone
- Don't trust, verify!
If you have some tips to share, please do in the comment section, so we all can learn together, earn and stay safe together.
#etf #SCAMalerts #StaySAFU #BTC #AirdropOpportunity
It's testnet/airdrop season, so we've been clicking many links and connecting our wallets to different sites these days.
We might expose our wallets to scam sites one day, and watch our hardwork go in vain.
Some tips to reduce these risks:
Use different wallets for different activities;
As an airdrop hunter, you should have at least, these 3 categories of wallet.
🔹Staking wallet
🔹Testnet wallet
🔹Hodl wallet
Further details
1. Staking wallet: this should be where you stake your coins for airdrops. Should be same as your hodl wallet, but remember, this wallet will be connected to claim sites very often, not so safe to store your long-term gems in there.
2. Testnet wallet: for all your testnet campaigns, very little to no real funds should be in this wallet.
3. Hodling wallet: preferably a hardware wallet for your long term gems, this is where the biggest size of your portfolio should be stored in. Shouldn't be connected to unknown sites.
And lastly some noob advice
- Not your keys, not your funds. Always use a non-custodial wallet for your crypto activities.
- Do not share your seed phrase with anyone
- Don't trust, verify!
If you have some tips to share, please do in the comment section, so we all can learn together, earn and stay safe together.
#etf #SCAMalerts #StaySAFU #BTC #AirdropOpportunity
Bittrex is Shutting Down 👇
⚠️SHUTTING DOWN ALERT ⚠️
Kindly withdraw Your Funds from Bittrex exchange as soon as possible !!
Crypto Exchange Bittrex Global to Shut Down
All trading on the platform will be disabled on Dec. 4, several months after Bittrex's U.S. arm filed for bankruptcy and stopped operations.
#StaySAFU #Crypto_Angel
⚠️SHUTTING DOWN ALERT ⚠️
Kindly withdraw Your Funds from Bittrex exchange as soon as possible !!
Crypto Exchange Bittrex Global to Shut Down
All trading on the platform will be disabled on Dec. 4, several months after Bittrex's U.S. arm filed for bankruptcy and stopped operations.
#StaySAFU #Crypto_Angel
Hotbit has introduced Hotbit 2.0 DEX, unveiling their derivative decentralized exchange. [This is just an update; it's advisable to stay away from them.]
Hotbit didn't consider its customers on first priority when shutting down their exchange; they unexpectedly increased the withdrawal fees. If you had $10 worth of BNB, the withdrawal fees were around $5. If you had USDT at that time, the withdrawal fees were around 35 USDT. They've allegedly taken a lot from their users.
Numerous users experienced fund losses, yet Hotbit itself hasn't faced any direct negative consequences as of now. Certainly seems like an act deserving punishment!
#scammers. #Stayaware #StaySAFU #BinanceisLove #WorldTechnique $BTC $ETH $BNB
Hotbit didn't consider its customers on first priority when shutting down their exchange; they unexpectedly increased the withdrawal fees. If you had $10 worth of BNB, the withdrawal fees were around $5. If you had USDT at that time, the withdrawal fees were around 35 USDT. They've allegedly taken a lot from their users.
Numerous users experienced fund losses, yet Hotbit itself hasn't faced any direct negative consequences as of now. Certainly seems like an act deserving punishment!
#scammers. #Stayaware #StaySAFU #BinanceisLove #WorldTechnique $BTC $ETH $BNB
Top 3 Cryptocurrencies to Watch This Week
The cryptocurrency market has faced a slight correction entering mid-December 2023. The global market cap fell by 3.2% in the last 24 hours, currently at $1.66 trillion. Bitcoin (BTC) and Ethereum (ETH) saw a combined liquidation of over $335 million. However, BTC is steady above $42k, while ETH remains above $2.2k. The recent volatility could be due to the upcoming US CPI (Consumer Price Index) data for November 2023.
With that said, let’s look at the top 3 Cryptocurrency to watch this coming week.
Top 3 cryptocurrencies to watch this week
Avalanche (AVAX):
While most significant cryptocurrency projects have faced a correction in the daily charts, AVAX has surged by 11.8% in the same time frame. Moreover, the token is up by 64% over the previous week. Since January 2023, AVAX has surged by over 220%, beating the likes of Bitcoin (BTC), which has surged by around 154% in the same time frame.
Solana (SOL):
Solana (SOL) is among the best-performing cryptocurrencies in 2023. Since the beginning of the year, SOL has surged by over 600%, far outshining BTC and other big projects. Although SOL has faced a 4.4% correction in the daily charts, the token is still up by 7.8% over the previous week and 27.9% in the last month.
There is a chance that SOL could face further corrections this week, given its massive rally in the last few months.
XRP:
XRP is among the most popular cryptocurrency tokens in the market. Ripple, a known fintech company, utilizes the token for remittance and cross-border transactions. Ripple was recently partially victorious in its legal battle with the SEC (Securities and Exchange Commission). As a result of its victory, XRP was legally called “non-security,” further propelling its popularity. The token has faced a 6.2% correction in the last 24 hours and is down 3.9% over the previous month.
#dyor #StaySAFU
The cryptocurrency market has faced a slight correction entering mid-December 2023. The global market cap fell by 3.2% in the last 24 hours, currently at $1.66 trillion. Bitcoin (BTC) and Ethereum (ETH) saw a combined liquidation of over $335 million. However, BTC is steady above $42k, while ETH remains above $2.2k. The recent volatility could be due to the upcoming US CPI (Consumer Price Index) data for November 2023.
With that said, let’s look at the top 3 Cryptocurrency to watch this coming week.
Top 3 cryptocurrencies to watch this week
Avalanche (AVAX):
While most significant cryptocurrency projects have faced a correction in the daily charts, AVAX has surged by 11.8% in the same time frame. Moreover, the token is up by 64% over the previous week. Since January 2023, AVAX has surged by over 220%, beating the likes of Bitcoin (BTC), which has surged by around 154% in the same time frame.
Solana (SOL):
Solana (SOL) is among the best-performing cryptocurrencies in 2023. Since the beginning of the year, SOL has surged by over 600%, far outshining BTC and other big projects. Although SOL has faced a 4.4% correction in the daily charts, the token is still up by 7.8% over the previous week and 27.9% in the last month.
There is a chance that SOL could face further corrections this week, given its massive rally in the last few months.
XRP:
XRP is among the most popular cryptocurrency tokens in the market. Ripple, a known fintech company, utilizes the token for remittance and cross-border transactions. Ripple was recently partially victorious in its legal battle with the SEC (Securities and Exchange Commission). As a result of its victory, XRP was legally called “non-security,” further propelling its popularity. The token has faced a 6.2% correction in the last 24 hours and is down 3.9% over the previous month.
#dyor #StaySAFU
RUG PULL ALERT ⚠️ 99% Drop In Value Occurred 🚨
Recently, GB (Grand Base Token) has experienced a catastrophic drop in value that has caused million of losses (up to $1.7Mmillion). The reason is a hack attack that targeted a liquidity pool. In fact, they stolen a private key and generated millions of unauthorized tokens. These have been then suddenly moved out on an external address. While some analysts minimized the facts saying that the protocol "just" requires enhanced security measures to prevent similar incidents in the future; I do strongly take the distance. In my opinion, when the trust is lost, is lost. Especially those people who invested several money. When crypto projects (e.g. DEXs) include those liquidity pools as a core product, then it's a must of continuous monitoring for maintaining the protocol integrity!
STAY SAFU & DYOR 🙏
#rugpullalert #RugPull #cryptoalerts #StaySAFU
Recently, GB (Grand Base Token) has experienced a catastrophic drop in value that has caused million of losses (up to $1.7Mmillion). The reason is a hack attack that targeted a liquidity pool. In fact, they stolen a private key and generated millions of unauthorized tokens. These have been then suddenly moved out on an external address. While some analysts minimized the facts saying that the protocol "just" requires enhanced security measures to prevent similar incidents in the future; I do strongly take the distance. In my opinion, when the trust is lost, is lost. Especially those people who invested several money. When crypto projects (e.g. DEXs) include those liquidity pools as a core product, then it's a must of continuous monitoring for maintaining the protocol integrity!
STAY SAFU & DYOR 🙏
#rugpullalert #RugPull #cryptoalerts #StaySAFU
