Posts

Web3 gaming firm Immutable criticized for limited phishing warning

The team behind Ethereum gaming platform Immutable has been accused of “embarrassing behavior” and covering up a security incident after it shared few warnings about Discord phishing links. Early on Monday, crypto sleuth ZachXBT pointed out via X (formerly Twitter) that the Immutable Discord server had been “compromised” for a brief period this weekend. He then claimed that Immutable made “zero announcements” across its official channels, warning the company that it “comes across as if you are trying to cover up the security incident…” However, Immutable has since claimed that an internal employee used the Discord channel to warn about the malicious links within two hours of the incident. Thanks @zachxbt. An Immutable employee posted in our discord within 2 hours of the incident, with the issue contained, but clearly we can retro how we publicly share comms. For full transparency, here is our security team’s summary. At 4:05 PM UTC on 21 Sep 2024, a community… ...

Investor predicts crypto to $10 but dumps millions below $4 – Why?

Image
Arthur Hayes is the co-founder of BitMex, a cryptocurrency investor, and an influencer with half a million followers on X. Recently bullish on Pendle (PENDLE), Hayes surprised the market by offloading over half his position far below the $10 target. On September 11, Hayes made a bullish post on PENDLE, predicting a $10 target when integrated with Bitcoin (BTC) DeFi. Ten days later, however, he publicly disclosed that Maelstrom Fund, Arthur Hayes’s family office fund, was reducing its PENDLE position. “As you can see Maelstrom Fund is reducing its PENDLE position. Even after the reduction it is still one of our largest positions. We still fully believe that PENDLE will be the leader in crypto interest rate derivatives. And we plan to profit off of their success. We have reduced our position to fund a special situation. Those who monitor our wallets will get a glimpse as to what that is in the very near future.” – Arthur Hayes, on X ...

5 Crypto Exchanges That Let You Swap, Stake, and Earn – All in One Place

Image
With so many crypto platforms out there, all the options can leave you wondering where to even start. Some offer great swapping features, others focus on staking or earning rewards, but finding one that combines everything can be a challenge. Only a handful bring all these features together in one place, and that's exactly what this list is here to highlight.  ChangeNOW  ChangeNOW 's got everything you need – from swapping over 1,000 tokens, with over a million pairs available at your fingertips, to staking and earning crypto, all in one spot. With their smooth-going cross-chain swaps, you can swap across numerous blockchains, including ETH, BSC, OP, Linea, Base, Starknet, Arbitrum One, ZkSync, Manta, and others, without limits. ChangeNOW keeps things speedy with 5-minute transactions and real-time updates. As a non-custodial platform, you're in control of your digital treasure. Also, you can swap without upper limits, starting with as little as $2. Transparent f...

Singapore’s BingX Exchange Suspends Withdrawals After $43 Million Hack

Image
Singapore-based crypto exchange BingX has been hacked for approximately $43 million, forcing the platform to suspend withdrawals as it investigates the attack. Security analysts from PeckShield say that the funds were drained in multiple tranches. The stolen funds include $13.25 million in Ethereum , $2.3 million worth of Binance Coin (BNB), and $4.4 million in Tether (USDT). Hacker Used Popular DEXs To Swap The Funds For Mostly ETH And BNB The first hack saw around $26 million exit the exchange’s hot wallet. Just a few hours later, the hackers took an additional $16.5 million. A Google Doc shared on X by PeckShield shows that more than 360 different altcoins were drained from BingX. Most of the crypto was swapped for mostly ETH and BNB through decentralized swap platforms such as Uniswap and Kyberswap, according to Etherscan data . As of 2:48 a.m. EST, the wallet linked to the hackers holds over $2 million ETH valued at $5,205,221.39. The wallet also holds 136 tokens wit...

CHART: Every crypto sponsor for the 2024/25 Champions League

The revamped UEFA Champions League kicked off this week and it’s already the most crypto-friendly iteration in the competition’s history. Not only was Crypto.com recently announced as the tournament’s first-ever official crypto partner, 23 of the 36 participating teams have some kind of crypto sponsorship. These deals include trading websites, crypto exchanges, and fan token platforms. Some of these deals can reach mind-boggling prices as Crypto.com’s scrapped 2022 $495 million sponsorship deal with UEFA proves. The details of this year’s partnership remain undisclosed. Here’s a chart of all the teams and crypto sponsors you can see in this year’s Champions League.  Another crypto sponsorship was inked this week between crypto exchange Bitget and the Spain’s La Liga. The deal was reportedly worth millions. Previous Protos research revealed that football is one of the most popular sports for crypto firms to sponsor, along with motorsports and eSports. CHART:...

NEIRO Surges 1,856% In 48 Hours Following Binance Listing – Can Pepe Unchained Repeat The Feat After $13.6M Presale Raise?

Image
Pepe Unchained ($PEPU) continues its hot streak, with over $13.6 million raised in its fundraising efforts.  The influx of fresh capital in recent days has propelled the new Pepe closer to the $14 million funding milestone, coinciding with Binance’s meme coin listing frenzy that sent First Neiro On Ethereum ($NEIRO) to the top of the meme coin charts, achieving a remarkable 1,856% increase in just the past 48 hours.  As Pepe Unchained celebrates its three-month anniversary, it is on track to get the same $NEIRO treatment post-ICO.  If $PEPU does make it to Binance’s spot listing, its current price of $0.0098 could offer a front-row seat to a potential moon ride. Two days ago, $NEIRO was just like $PEPU until Binance lifted it to stardom.  However, for would-be $PEPU investors, the front-row seat might be reduced to a second-row seat as the price will jump to $0.00981 in 24 hours as the next funding round commences. ...

Cryptocurrency: Why Is BabyDoge Rallying Today? 

Image
The cryptocurrency world is ever-surprising and full of new elements. The market sometimes favours the bold, with new cryptocurrencies taking over the old ones. However, there are times when certain old-world coins make their way back into the mainstream market. In this wake, BabyDoge, one of the notable crypto meme coins, has risen from the shadows to rally 16% at press time. But what’s sparking this change? Also Read: Bitcoin To Hit New All-Time High in October 2024, Analyst Confirms Why Is BabyDoge Up Today? Source – Coincu BabyDoge is one of the notable meme coins currently in the cryptocurrency space. The token is up 16% at press time, trading at $0.000000002127, which gives bullish signals. The token is up and rallying rapidly after its new listing announcement. Binance recently announced listing several new meme coins, including BabyDoge, that have sparked its bullish rally. On September 16, the leading crypto exchange, Binance, took to X to share its new listing news...

Norwegian Bitcoin Mine Closure Causes 20% Increase in Local Energy Costs

Image
Hadsel, Norway – Source: Wikipedia In Hadsel , Norway, the closure of the Stokmarknes Datasenter Bitcoin mining facility has led to a significant spike in local electricity prices. The shutdown, which took effect in early September, followed persistent noise complaints from residents, prompting local authorities to refuse the renewal of the facility’s permit. Robin Jakobsen , Network Manager at Noranett , the area’s electricity provider, revealed the financial repercussions of the shutdown. “When such a large individual customer switches off overnight, it has an impact,” Jakobsen explained. He projected that local households could face a 20% increase in their electricity bills, amounting to an additional $300 by next month. Economic and Environmental Perspectives The Bitcoin mining facility, which consumed energy equivalent to approximately 3,200 households annually, accounted for 20% of Noranett’s revenue. With its closure, the company i...

Shiba Inu (SHIB) &, Dogecoin (DOGE) Price Prediction For September End 2024

Image
The cryptocurrency market is currently experiencing a gradual growth phenomenon. With Bitcoin touching $60K, the market is healing and on its way to helping other altcoins, including Shiba Inu, achieve their highest price pedestals. Here’s how High Shiba Inu (SHIB) and Dogecoin (Doge) can rise, given that the crypto market is now turning its tables. Also Read: Fed Rate Cuts Will Not be as Deep as Market Expects: BlackRock Shiba Inu Price Prediction (September End) Image Source: Watcher Guru Shiba Inu is currently one of the most trending coins in the market. The cryptocurrency token leaves no stone unturned to keep its ecosystem brewing with new developments. With the launch of SHIB DeFi, SHIB Marketplace, and SHIB Socials already in the queue, the token is also carving new milestones by renewing its roadmap to better investor sentiment in the long haul. According to CoinCodex, Shiba Inu is set to ascend to new highs by the end of September 2024. The token will spike 37% to claim ...

Crypto party on plane sparks Qatar Airways safety concerns

A crypto-powered networking event booze cruise held onboard a Qatar Airways flight has raised safety concerns, after videos suggest that seatbelt and smoking laws were violated. Crypto enthusiasts were shown singing and dancing on a 10-hour flight from Dubai to Singapore, in a first-of-its-kind PR stunt hosted by startup Redacted. Marketed as the “first-ever web3 sky event,” around 250 attendees enjoyed “connections, gifts, perks, and real conversations with Web3 legends.” In an onboard speech made by Redacted’s co-founder Shan Kumar, it appears that Qatar Airways crew were “rugpulled” into thinking it would be a subdued networking event — but got more than they bargained for. “You know what, the Qatar Airways staff are like this is the last time we’re ever gonna host a Web3 plane,” Kumar said during the flight. “ And to be honest, that was the goal .” “The goal, before we got in, was we wanna mak...

Shiba Inu: Investing Just $14 Could Make You a SHIB Millionaire

Image
The Shiba Inu (SHIB) ecosystem is known for its capability to produce millionaires and billionaires. But this was back in 2021 when the asset witnessed a massive spike and hit an all-time high of $0.00008845. At present, the meme coin is 84% below this peak. Reaching this level could bring about life-changing returns for many. Also Read: Popcat and Dogwifhat (WIF) Price Prediction For The Weekend Current SHIB Price and Investment Potential Source At the time of writing, SHIB was trading at $0.00001358, up about 2% the previous day. At the asset’s current price point, $14 will get investors more than a million tokens. Put differently, you can invest as little as $14 to become a SHIB millionaire. A total of $14 will get you 1030927.83 SHIB tokens. Also Read: Will XRP Reach New Heights? Experts Weigh In on 2025 Forecasts When Will SHIB Achieve the 1 Cent Dream? The entire cryptocurrency industry has eagerly awaited SHIB’s hit of $1 cent. Considering the asset’s growth of ...

Shiba Inu: Which Is The Best Day To Buy SHIB?

Image
Shiba Inu (SHIB), the second-largest meme coin, is considered one of the best for several reasons. The community-driven project has the most loyal followers and intends to leave its “meme coin” tag behind. The network has been building its utility and making it more accessible for its investors. With great potential, investors seek the right opportunity to invest in SHIB. Also Read: Shiba Inu: Can SHIB Burn Its Way to 10 Cents? Current Trading Situation and Future Predictions Source At press time, SHIB was trading at $0.0000135 following a dainty uptick of less than 1%. The meme coin had a decent year, rising 86% over the past 12 months. Despite this increase, the asset is trading 84% below its all-time high of $0.00008845. Also Read: Donald Trump or Kamala Harris Won’t Influence Bitcoin’s Price Potential Buying Opportunity Considering its current situation, investors might consider this price a good buying opportunity. According to Changelly, SHIB will reclaim its all-time ...