Tether Begins Freezing FTX USDT at the Request of Law Enforcement While Investigations Occur: Tether Exec
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The admin of the FTX community chat states that FTX has been hacked, all funds are gone, and FTX apps have malware.
Over $383m are being transferred to Anon wallet.
ππ» Do not go to the site or use the appβοΈ
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π€― Polychain-backed DFX Finance hacked for $7.5 million.
DFX Finance, a decentralized exchange protocol for fiat-pegged stablecoins, reported that it was attacked at 2:21 pm ET. An unknown attacker siphoned approximately $7.5 million from DFX, according to estimates from security researchers at BlockSec.
The attacker took advantage of an insecure flash-loan mechanism offered by DFX Finance on the Ethereum blockchain. A flash loan is a feature in which a large amount of cryptocurrency can be borrowed with no collateral, only if those funds are returned in the same transaction.
DFX Finance, a decentralized exchange protocol for fiat-pegged stablecoins, reported that it was attacked at 2:21 pm ET. An unknown attacker siphoned approximately $7.5 million from DFX, according to estimates from security researchers at BlockSec.
The attacker took advantage of an insecure flash-loan mechanism offered by DFX Finance on the Ethereum blockchain. A flash loan is a feature in which a large amount of cryptocurrency can be borrowed with no collateral, only if those funds are returned in the same transaction.
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π Thoughts from investor/writer, Robert Kiyosaki:
π¬ "Bitcoin? Was I worried? No. I am a bitcoin investor, just like I am an investor in physical gold, silver and real estate. I am NOT a TRADER or a flipper. When bitcoin reaches a new bottom in the $10,000 to $12,000 zone - I will be excited, not anxious. I'm betting against the Fed, Treasury and Biden. And I'm betting on bitcoin, gold and silver."
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I recommend taking your money out of these platforms. There is no reason whatsoever to keep your coins there, especially amidst all of this.
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β½οΈ Cristiano Ronaldo will launch an NFT collection on Binance this Friday
NFTs will be sold at prices starting at 77 BUSD for the usual rarity.
NFTs will be sold at prices starting at 77 BUSD for the usual rarity.