$263,000 Drained From Huobi Wallet – Could There Be An Internal Involvement?
Providing more insight on this latest exploit, prominent security firm Peckshield reported that this event occurred on October 3, with the drainer stealing a total of $263,000 USDT and 92 TRX minted on the Tron network.
Thereafter, the bad actor proceeded to swap these stolen funds for approximately 2.9 million TRX, of which 1.4 million TRX was transferred to the ChangeNOW exchange, and 1.5 million TRX was moved to Binance.
Currently, there are speculations that this heist was orchestrated by the internal staff of Huobi as such development would be unprecedented. In September, the Chinese Police were reported to have arrested a former Huobi team member for implanting a Trojan horse virus that resulted in the exposure of the private keys and mnemonic phrases of some iToken users.
Launched in 2018, iToken functions as a professional DeFi wallet, which enables the storage of various digital assets across multiple networks. It was initially known as the Huobi wallet, as earlier stated, but was rebranded iToken in 2022, following a $200 million investment from the Huobi Group.
#BTC is back to 26500$ range after touching 27500$ range.
Crucial and major support is Now coming around 26000$ - 26300$ range. We can see that we are getting support here. Major major support is still around 25000$
Now comes resistance terms… 27500$ range is currently major resistance nowadays., before clearance and closing above, we can’t say #BTC is back to Uptrend channel. 30000$ will be Next Major Resistance.
A very good volume will be key to #BTC pump.
It can take somedays, so plan your Trading strategy. for next 2 weeks will be a little up n down . DCA is Key to success here.
Here comes market Details :-
Currently after BTC down, we are seeing fear in Alts , this is only because of BTC and will follow its move.
Don’t panic selling, take trade in parts and avoid any risks here.
Bitcoin has now flipped the Previous Week High ($26.5k) from resistance to support. The liquidity at $26.8k has now been taken, and we rejected from this level as we have a few times since the breakdown on 17th August. Ignoring the 2 day deviation at the end of August, we are trading at the range highs and need to flip $27k where we could see another impulsive move up.
On the right side of the image, I have added the BTC chart with the EMA8. Look how this has been so well respected over the past week. Almost every 4 hour candle has tested this as either resistance of support. If we get a 4 hour close below, this could start a bigger move down. Needs to hold for continuation.
10 Crypto currencies that will bring sparks to your crypto portfolio this Year.
If you are familiar with cryptocurrency trading then you know that timing is critical to success. You need to know the right time to buy, the right time to sell, and the right time to assess your portfolio to determine how promising it is.
Now is a good time to assess your cryptocurrency portfolio to see if you are in a good position to take advantage of future market upswings. You don’t want to be caught unawares and start buying the right assets when prices are already shooting up. We are here to help you do just that.
Regardless of what digital assets you own at the moment, there is always room for improvement. In this post, i am going to outline several assets that will improve your cryptocurrency portfolio in a radical manner. These are cryptocurrencies that will bring sparks to your portfolio this year.
i understand that everyone has different investment objectives, which is why we are going to discuss as many as ten potentially hot cryptocurrencies. It is important that you read between the lines to identify the ones that will suit you most.
Without further ado, here are the ten digital coins i believe can bring sparks to your portfolio:
Chainlink
Ethereum
Binance Coin
Litecoin
Bitcoin
Cardano
WingToken
Dogecoin
Ripple
Polkadot
It doesn’t really matter whether you already have these cryptocurrencies in your portfolio. You can buy more of the same coin if you feel strongly about it and my review aligns with your belief. You should also consider adding the ones you don’t have to diversify your crypto investment.
Which cryptocurrency will beat Bitcoin in the next few years? Let’s look at the cryptos that have the best chance of dethroning BTC.
Bitcoin is a goliath in the cryptocurrency market. We all know it. It’s the first crypto, the most expensive crypto.
But, let’s face it, it isn’t the best of the best, is it? According to CoinMarketCap, there are at least 17,400 cryptos out there today, and that’s a hell of a lot.
These 7 cryptocurrencies can outshine BTC in a hundred different ways.
1. Bitcoin Cash (BCH) Bitcoin’s little brother is the best alternative to Bitcoin if you want a cryptocurrency like Bitcoin but that’s a little bit more practical.
BCH’s primary difference to Bitcoin is that its blocks are significantly larger, allowing it to support more transactions per block, speed up transaction times and lower fees.
As an investment, however, BCH will likely struggle to compete with BTC. While many of the top cryptos reached new all-time highs in the 2021 bull run, BCH struggled to reach its 2017 all-time high, suggesting that traders are losing interest.
2. Cardano (ADA) For a long time now, people have been super excited for the eventual arrival of Cardano’s smart contracts, and when this happens (should do in 2023), Cardano could surge dramatically.
Cardano has a peer review system where new changes are heavily scrutinised to ensure that they are perfect.
3. Ethereum (ETH) Not only is Ethereum the second-largest crypto by market cap, but it also holds the most chance of dethroning Bitcoin.
In terms of investment and popularity, Ethereum comes again second. It has an army of developers working not just on building the platform, but on dApps that work on top.
4.Algorand 5.Litecoin 6.DogeCoin
7.Binance coin(BNB) Binance Coin has some of the best use cases in the cryptocurrency market today, Binance Smart Chain launched in September 2020. The BSC, hosts smart contracts and is the 3rd-largest DeFi platform.
There currently is a countess number of AI-based cryptocurrencies. But after a thorough analysis of the crypto markets, we identified the following as the best trending AI coins to buy in 2023.
The Graph (GRT) – The Overall Best AI Crypto to Buy Right Now
Render Token (RNDR) – Best AI Token for the Metaverse
Fetch.ai (FET) – Best AI and Machine Learning Crypto
Oasis Network (ROSE) – Buy Web3-Focused AI Crypto
Ocean Protocol (OCEAN) – Crypto Platform Using AI to Facilitate Data Sharing and Monetization
Synthetix (SNX) – AI-Powered DeFi Protocol for Issuance of Synthetic Assets
dKargo (DKA) – AI-Based Protocol Powering the Global Supply Chain
SingularityNET (AGIX) – Decentralized Marketplace for AI-Based Crypto Projects
Phoenix (PHX) – Fast Rising Blockchain Network for Intelligent Web3
Numeraire (NMR) – Crypto Platform Facilitating Advancement of AI Tech on the Cryptoverse
Phala Network (PHA) – AI-Based Blockchain Platform for Cloud Computing
Covalent (CQT) – Popular Multi-Chain Data Aggregation Network
Cortex (CTXC) – Blockchain Program Enabling Integration of AI and Machine Learning into Smart Contracts
Cryptocurrency trading, an investment endeavor that involves the buying and selling of digital currencies, attracts more and more people from around the globe.
Can I Start Trading Cryptocurrency with $100?
Yes, you can start trading cryptocurrency with $100. With a wide number of crypto accounts, trading platforms, and regulated brokers, investing as little as $100 in crypto trading is more than possible.
Last but not least, before you start trading cryptocurrency with $100, do not forget that small accounts may lead to smaller profits, which can cause dissatisfaction, greed, and overtrading.
Well, whether you decide to start trading cryptocurrency with $100 or $100,000, you should invest enough time in exploring the complexities of crypto trading. One should invest in proper trading education in order to create a successful trading strategy.
The ability to read charts, historic data, price predictions, and technical indicators is crucial. Traders should also make a habit of following the news and social media announcements to seize the best trading deals. When new crypto forks appear, for instance, traders may even get free tokens.
On top of that, cryptocurrency traders must develop consistency and self-control. Emotional self-control is, in fact, a fundamental factor in cryptocurrency trading success. There’s no place for greed, fear, or overconfidence in the world of trading.
Last but not least, trading should not become an obsession. Trading is not gambling! Whether you choose to trade part- or full-time, make sure you can find a balance between work and personal life. As crypto trading is open 24/7, traders should set trading hours and allow themselves to relax. Experts claim that trading cryptocurrency shouldn’t become a mania and ruin other priorities. Always take breaks, focus on your social life, and live a healthy life. A healthy body can lead you to a healthy mind and trading success!
There are a few ways to make money on crypto P2P. Here are a few of the easiest:
Buy and sell ads. You can buy and sell ads on P2P platforms, such as Binance P2P. When you buy an ad, you are essentially buying the right to buy a certain amount of cryptocurrency at a certain price. When you sell an ad, you are essentially selling the right to sell a certain amount of cryptocurrency at a certain price. The difference between the buy and sell price is your profit.
Crypto arbitrage trading. Crypto arbitrage is the process of buying and selling the same cryptocurrency on different exchanges at different prices. This can be done manually or automatically. If you can find a price difference between two exchanges, you can buy the cryptocurrency on the cheaper exchange and sell it on the more expensive exchange, making a profit in the process.
Arbitrage with fiat. You can also make money by arbitraging between altcoins and fiat currencies. For example, if the price of Bitcoin is higher in USD than it is in EUR, you can buy Bitcoin in EUR and sell it for USD, making a profit in the process.
It is important to note that there are risks associated with all of these methods. For example, if the price of the cryptocurrency you are trading falls, you could lose money. Additionally, if you are arbitraging between different exchanges, you need to be aware of the fees that each exchange charges.
If you are considering making money on crypto P2P, it is important to do your research and understand the risks involved.
Here are additional tips for making money on P2P:
Use a reputable platform. There are many P2P platforms available, so it is important to choose one that is reputable and has a good reputation.
DYOR. Before you buy or sell any cryptocurrency, it is important to do your research and understand the risks involved.
Be patient. It may take some time to find profitable opportunities.
Be careful. There are scammers out there who try to take advantage of people who are new to crypto P2P.
The total value locked (TVL) across DeFi projects has experienced a resurgence after teetering below the $40 billion mark last week.
According to data from DeFi TVL aggregator DefiLlama, the DeFi market cap is currently valued at over $41 billion, with approximately $1.6 billion in trading volume over the past day.
The surge indicates a daily rise of around 6%, accompanied by a 6.39% increase in trade volume.
Among the top DeFi tokens, Chainlink (LINK) has emerged as one of the biggest winners of the week, experiencing a more than 4% increase in value.
However, other coins like Synthetix (SNX) and injective (INJ) have slipped by 2.70% and 3.36%, respectively, over the past week.
Among smaller DeFi tokens, some witnessed notable growth while others faced significant declines.
The quickest way of making money in this era is through crypto-currency and forex trading. Donot give up however much you lose. Keep going one day you will be there.
In 2008, an individual or group of individuals going by the pseudonym Satoshi Nakamoto, published a paper called Bitcoin A Peer-to-Peer Electronic Cash System. It was not the first case ever made for a digital currency there were many attempts in the decades prior but this was perhaps the first to propose a “trustless” system of electronic transactions that would depend on a peer-to-peer system of verification via blockchain technology. This innovative approach also solved a persistent problem with digital currencies, the so-called double-spending problem or the risk that digital currencies could be hacked and spent more than once.
Thanks to the research detailed in this paper, the first Bitcoins were created in January 2009, and the bitcoin mining system was established. But the number of BTC in the market is capped. While there are more than 18.8 million Bitcoin tokens in circulation as of November 2021, worth over $1 trillion, the total limit is 21 million BTC.
These Are The Top 10 Richest Crypto Billionaires 🔥
1. Elon Musk Citizenship: Canadian
Estimated net worth: $230 billion
Source of wealth: Various Businesses, Owner of Dogecoin
Although Elon Musk doesn’t run any crypto companies, the Tesla CEO is arguably the wealthiest man in the world and in the crypto space. Musk has openly supported cryptocurrencies, especially Bitcoin ($BTC) and DogeCoin ($DOGE). His company, Tesla, has millions of dollars worth of $BTC on its balance sheet.
2. Satoshi Nakamoto Citizenship: On-Chain? , The owner of Bitcoin.
Estimated net worth: $30-70 billion
Source of wealth: Bitcoin
The mystery of Satoshi’s identity is arguably one of the most fascinating pieces of crypto lore. Some people believe there is no Satoshi, and others believe it's a pseudonym for a group of developers. What we do know is that Satoshi is sitting on a huge stack of $BTC. On-chain analysis suggests that Satoshi mined over 1 million bitcoins shortly after the protocol was launched. At the current market price, 1 million bitcoin is worth around $30 billion, making Satoshi one of the richest people in the world. Furthermore, if Satoshi had sold the tokens at the peak of the last bull market, they would have just under $70 billion.
We don’t know much about Satoshi, but they are believed to hold over 1 million bitcoins.
3. Changpeng Zhao Citizenship: Canada
Estimated net worth: $10 billion
Source of wealth: Binance
Changpeng Zhao, who goes by CZ, is the CEO and founder of Binance, the world’s leading cryptocurrency exchange. CZ was born in China and moved to Canada at the age of 12; he went on to excel in school and graduated from McGill University with a degree in computer science. In 2017 he founded Binance; by 2018, he was a billionaire, and his wealth has since grown to over $10 billion. CZ’s wealth is very closely linked to the crypto market, which is reflected by the fact that he was worth over $60 billion before the bear market.
BONE Up 17% As Shiba Inu Team Shares Crucial Update
Privacy Pot press time, data on the price-tracking platform Coinmarketcap shows that BONE’s price has increased by over 17% in the past day. Meanwhile, bitcoin (BTC) and ether (ETH) prices have posted no significant gains in the last 24 hours.
Notably, BONE’s impressive price performance is primarily attributed to the many positive developments in the Shiba Inu ecosystem. One such bullish outcome is the recent redesign of the Shibarium testnet explorer, Puppyscan. Another is the gradual release
Bitcoin is now going high, hope all of you can feel the bull this year. Remember bitcoin determines the value of almost all altcoins. Hold those coins you feel will increase in price soon.
Investors are intrigued by the potential of cryptocurrency to grow in value as well as the potential transformation of the financial system that crypto might bring.
When Bitcoin first launched in January 2009, few imagined a single BTC would be worth over $65,000 (as of November 15, 2021) or that a single digital currency would spur the creation of thousands more. But it has. In just 13 short years, cryptocurrency has gone from being viewed as a financial fad to becoming a new market sector worth trillions.
But it’s not just the value of the coins and tokens themselves that has captured investors’ attention. Many forms of crypto are being created as part of larger digital platforms that are part of the DeFi or decentralized finance movement. There are new investments based on crypto, new channels for global transactions, and myriad other innovations, from smart contracts to non-fungible tokens (NFTs)
Although cryptocurrencies are still largely unregulated (and their use as actual currency can be limited), there is a growing sense that a door has been opened to a vast number of new opportunities and technologies.