Forwarded from Canva
Bitcoin price unfazed after $150M hack of major exchange KuCoin
KuCoin reported a major security breach on Sep. 26, affecting Bitcoin, Ether, and ERC20 hot wallets while BTC and ETH prices remain unfazed.
In an official statement, KuCoin Global CEO Johnny Lyu confirmed a major hacking attack on Sep. 26. The breach affected the firm’s Bitcoin (BTC), Ether (ETH), and ERC20 hot wallets, after private keys were leaked. Reports estimate the breach to have affected $150 million in user funds.
Following the security breach, the price of Bitcoin barely moved, however. Other major cryptocurrencies, including Ether and decentralized finance (DeFi) tokens also remain relatively unfazed by the hack.
A cryptocurrency exchange security breach historically led to market-wide sell-offs due to the fear of hackers potentially selling the proceeds.
But Tether (USDT) has moved quickly to suspend the transfer of assets that are linked to the security breach. Major exchanges, including Bitfinex, also froze USDT associated with the hack.
The swift response from Tether and top exchanges could prevent most of the funds from being moved by the hackers.
KuCoin contacts major exchanges, Tether and Bitfinex freeze $33m
According to Paolo Ardoino, the chief technical officer at Bitfinex and Tether, the two entities froze $33 million in total.
If early estimates are accurate and $150 million were hacked, that represents 22% of the lost funds.
KuCoin reported a major security breach on Sep. 26, affecting Bitcoin, Ether, and ERC20 hot wallets while BTC and ETH prices remain unfazed.
In an official statement, KuCoin Global CEO Johnny Lyu confirmed a major hacking attack on Sep. 26. The breach affected the firm’s Bitcoin (BTC), Ether (ETH), and ERC20 hot wallets, after private keys were leaked. Reports estimate the breach to have affected $150 million in user funds.
Following the security breach, the price of Bitcoin barely moved, however. Other major cryptocurrencies, including Ether and decentralized finance (DeFi) tokens also remain relatively unfazed by the hack.
A cryptocurrency exchange security breach historically led to market-wide sell-offs due to the fear of hackers potentially selling the proceeds.
But Tether (USDT) has moved quickly to suspend the transfer of assets that are linked to the security breach. Major exchanges, including Bitfinex, also froze USDT associated with the hack.
The swift response from Tether and top exchanges could prevent most of the funds from being moved by the hackers.
KuCoin contacts major exchanges, Tether and Bitfinex freeze $33m
According to Paolo Ardoino, the chief technical officer at Bitfinex and Tether, the two entities froze $33 million in total.
If early estimates are accurate and $150 million were hacked, that represents 22% of the lost funds.
Forwarded from Canva
$BTC
Sharp Bitcoin price move brewing as BTC volatility falls to a 16-month low
Bitcoin volatility has fallen to a 16-month low, signalling that a sharp move in BTC looms.
Bitcoin options aggregate open interest has increased to $2 billion, which is 13% below the all-time high. Although the open interest is still heavily concentrated on Deribit exchange, the Chicago Mercantile Exchange (CME) has also reached $300 million.
In simple terms, options derivatives contracts allow investors to buy protection, either from the upside (call options) or downside (put options). Even though there are some more complex strategies, the mere existence of liquid options markets is a positive indicator.
Sharp Bitcoin price move brewing as BTC volatility falls to a 16-month low
Bitcoin volatility has fallen to a 16-month low, signalling that a sharp move in BTC looms.
Bitcoin options aggregate open interest has increased to $2 billion, which is 13% below the all-time high. Although the open interest is still heavily concentrated on Deribit exchange, the Chicago Mercantile Exchange (CME) has also reached $300 million.
In simple terms, options derivatives contracts allow investors to buy protection, either from the upside (call options) or downside (put options). Even though there are some more complex strategies, the mere existence of liquid options markets is a positive indicator.
Forwarded from Canva (Ragdeos)
Ethereum 2.0 deposit contract to launch this week: ConsenSys dev
An Ethereum 2.0 developer predicts the protocol’s deposit contract will be released in a matter of days, and that ETH 2.0 staking will go live this year.
An Ethereum 2.0 developer predicts the protocol’s deposit contract will be released in a matter of days, and that ETH 2.0 staking will go live this year.
Forwarded from Canva (Ragdeos)
$BTC
Within the past few hours, Bitcoin price rose to $11,988 before pulling back to hover around the $11,900 level. The price is on the cusp of breaking above $12,000, and some analysts have suggested that the dominant cryptocurrency is in the process of decoupling from the rest of the market, including U.S. equities.
Within the past few hours, Bitcoin price rose to $11,988 before pulling back to hover around the $11,900 level. The price is on the cusp of breaking above $12,000, and some analysts have suggested that the dominant cryptocurrency is in the process of decoupling from the rest of the market, including U.S. equities.
For the first time since 2018 Bitcoin balances on exchanges fell below 2.5M
Bitcoin's balance on three popular exchanges decreased by 390k BTC over the past 9 months.
Bitcoin's balance on three popular exchanges decreased by 390k BTC over the past 9 months.
Forwarded from Cointelegraph
How to build a crypto mining rig in 2020 to earn Bitcoin and Ether
Mining with home rigs is back, so here’s what those interested need to know to put together their own rig at home.
https://ct.com/923w
Mining with home rigs is back, so here’s what those interested need to know to put together their own rig at home.
https://ct.com/923w
Forwarded from Canva (Ragdeos)
Bitcoin is moving from exchanges to individual wallets
According to the data from Glassnode, a large amount of Bitcoin has been moving out of centralized exchanges in late October.
Woo says this metric is optimistic because it shows investors are transferring funds from trading platforms to personal wallets. This indicates that users are holding their BTC with a long-term investment strategy.
According to the data from Glassnode, a large amount of Bitcoin has been moving out of centralized exchanges in late October.
Woo says this metric is optimistic because it shows investors are transferring funds from trading platforms to personal wallets. This indicates that users are holding their BTC with a long-term investment strategy.
Forwarded from Canva (Ragdeos)
$BTC
No clear signs of a top yet
The number of “weak hands” or speculative buyers have noticeably declined in recent weeks, while stronger hands strengthened.
The flush out of short-term buyers and the entrance of long-term “HODLers” indicate that Bitcoin could see a prolonged rally.
This trend coincides with the resilience of Bitcoin above $15,000 and shows that the once heavy resistance level is close to evolving into a support area.
No clear signs of a top yet
The number of “weak hands” or speculative buyers have noticeably declined in recent weeks, while stronger hands strengthened.
The flush out of short-term buyers and the entrance of long-term “HODLers” indicate that Bitcoin could see a prolonged rally.
This trend coincides with the resilience of Bitcoin above $15,000 and shows that the once heavy resistance level is close to evolving into a support area.
T.me/leaks
These guys have made people tons of money with their early calls on hidden gems and all the leaks they have published since 2017.
These guys have made people tons of money with their early calls on hidden gems and all the leaks they have published since 2017.
Forwarded from Canva (Ragdeos)
31,000,000 USDT ($31,102,992) just transfered from Tether Treasury to Binance
Forwarded from Canva (Ragdeos)
This is what's going to happen the following days/weeks
-ALTs will gain momentum
-BTC will make sell off waves
-Once ALTs are peaked - BTC will dump back to 10k
You guys have 2 options
1. ride the BTC waves up and down
2. invest in good ALTs to make 50-100% profit or more to stay profitable
As always, only invest what you can afford to lose
@leaks
-ALTs will gain momentum
-BTC will make sell off waves
-Once ALTs are peaked - BTC will dump back to 10k
You guys have 2 options
1. ride the BTC waves up and down
2. invest in good ALTs to make 50-100% profit or more to stay profitable
As always, only invest what you can afford to lose
@leaks
Forwarded from Canva (Ragdeos)
Chinese police have seized $4.2 billion cryptos from PlusToken Ponzi crackdown, according to a new court ruling.
The amounts seized by the Chinese authorities:
- 194,775 BTC (1% of circulating supply)
- 833,083 ETH (0.73% of circulating supply)
- 1.4 million LTC
- 27.6 million EOS
- 74,167 DASH
- 487 million XRP
- 6 billion DOGE
- 79,581 BCH
- 213,724 USDT
The amounts seized by the Chinese authorities:
- 194,775 BTC (1% of circulating supply)
- 833,083 ETH (0.73% of circulating supply)
- 1.4 million LTC
- 27.6 million EOS
- 74,167 DASH
- 487 million XRP
- 6 billion DOGE
- 79,581 BCH
- 213,724 USDT
•┈ 📈 YFDAI.FINANCE 📈┈•
YFDAI is positioned to be the next huge project in DeFi!
YFDAI is committed above all to honesty, fairness and equality for all. The management team are public and the company is a registered business in Singapore, with financial services licencing in Estonia. The Staking, Farming, SafeTrade contracts are open. The LaunchPad and SafeSwap products have also been deployed.
•┈ Key points ┈•
• Current Market Cap ≃ $10,809,073
• Current Circulating Supply - Under 4,157
• Total Supply - 21,000
• Locked Team, Advisor and Marketing tokens in time release smart contracts
• No Mint/God function in contract
• Audited by Blockchain Consilium
• Team Identities Revealed
• Received Estonian Virtual Currency Exchange License
• Received Estonian E-Wallet Licence
• Registered Company in Singapore
• Applied for E-Money License
• DEXT score of 94
• Staking live with just 72hr lock
• Unique & New Farming Contracts that are non-inflationary and sustainable
• SafeSwap Testnet live (Uniswap rival but without the "Rug Pulls")
AVAILABLE ON UNISWAP, COINTIGER & BILAXY! 💱
Website: https://www.yfdai.finance/
Whitepaper: Click here
•┈ Social Links ┈•
Telegram: https://t.me/yfdaifinance
Twitter: https://twitter.com/YfdaiF
Medium: https://yfdaifinance.medium.com/
Telegram Trading chat: https://t.me/joinchat/J9KGzU1FB1YP2SvxF9dkNA
Liq Locked Till Dec 2021:
https://unicrypt.network/pol-dapp/0x84E34df6F8F85f15D24Ec8e347D32F1184089a14
•┈ Where to Buy ┈•
- Uniswap
- CoinTiger
- Bilaxy
•┈ Join the YFDAI sales team! 💸 ┈•
Want to earn up to $100,000 - Join the YFDAI sales team and bring your favourite projects to list on the YFDAI SafeSwap Exchange and new pre sale projects to launch via YFDAI. https://t.me/YFDAIGlobalSalesSupport
YFDAI is positioned to be the next huge project in DeFi!
YFDAI is committed above all to honesty, fairness and equality for all. The management team are public and the company is a registered business in Singapore, with financial services licencing in Estonia. The Staking, Farming, SafeTrade contracts are open. The LaunchPad and SafeSwap products have also been deployed.
•┈ Key points ┈•
• Current Market Cap ≃ $10,809,073
• Current Circulating Supply - Under 4,157
• Total Supply - 21,000
• Locked Team, Advisor and Marketing tokens in time release smart contracts
• No Mint/God function in contract
• Audited by Blockchain Consilium
• Team Identities Revealed
• Received Estonian Virtual Currency Exchange License
• Received Estonian E-Wallet Licence
• Registered Company in Singapore
• Applied for E-Money License
• DEXT score of 94
• Staking live with just 72hr lock
• Unique & New Farming Contracts that are non-inflationary and sustainable
• SafeSwap Testnet live (Uniswap rival but without the "Rug Pulls")
AVAILABLE ON UNISWAP, COINTIGER & BILAXY! 💱
Website: https://www.yfdai.finance/
Whitepaper: Click here
•┈ Social Links ┈•
Telegram: https://t.me/yfdaifinance
Twitter: https://twitter.com/YfdaiF
Medium: https://yfdaifinance.medium.com/
Telegram Trading chat: https://t.me/joinchat/J9KGzU1FB1YP2SvxF9dkNA
Liq Locked Till Dec 2021:
https://unicrypt.network/pol-dapp/0x84E34df6F8F85f15D24Ec8e347D32F1184089a14
•┈ Where to Buy ┈•
- Uniswap
- CoinTiger
- Bilaxy
•┈ Join the YFDAI sales team! 💸 ┈•
Want to earn up to $100,000 - Join the YFDAI sales team and bring your favourite projects to list on the YFDAI SafeSwap Exchange and new pre sale projects to launch via YFDAI. https://t.me/YFDAIGlobalSalesSupport
X (formerly Twitter)
YFDAI FINANCE (@YfdaiF) on X
YFDAI is a community-centric DeFi project developed by the people, for the people. Join our Telegram to learn more: https://t.co/4TBWhBO5Gt
Forwarded from Canva (Ragdeos)
Active Bitcoin addresses nears all time high in November with about 19.6 million monthly addresses which sent or received Bitcoin. According to Glassnode, a Blockchain data provider, there is always increase in the number of addresses as the price of Bitcoin increases because Interest in Bitcoin also increases. As Bitcoin nears its all time high, active Bitcoin addresses also spiked. There are over 740 million active Bitcoin addresses According to Glassnode.
•┈ 📈 YFDAI.FINANCE 📈┈•
We are pleased to announce YFDAI SafeSwap is now open for applications!
Today, the entire industry has just gotten much safer, thanks to YFDAI’s SafeSwap.
Read the full article and view our Pitch decks and promotional video below:
SafeSwap promo video: https://youtu.be/pe20vAi_N6E
•┈ Projects can apply here! 💱 ┈•
Application form: https://yfdai.finance/images/Pdf/SafeSwap_Application_Form.pdf
Medium Article: https://medium.com/@yfdaifinance/yfdai-safeswap-is-open-for-applications-1d53d3b10456
•┈ Join the YFDAI sales team! 💸 ┈•
A total of $50,000 in YF-DAI tokens and tokens of the project you source will be paid!
Join our sales team today!🧑💻
The SafeSwap Pitch Deck here: https://t.me/YFDAIGlobalSalesSupport/761
The Global Sales Team Deck here: https://yfdai.finance/images/Pdf/SafeSwap%20Global%20Sales%20Deck.pdf
Telegram Group:https://t.me/YFDAIGlobalSalesSupport
Sample E-mail and Telegram Message: https://docs.google.com/document/d/1CLII6gAT16RTMU84iabd1Rlpf6ba-Im_vZhcxtwDHgc/edit?usp=sharing
We are pleased to announce YFDAI SafeSwap is now open for applications!
Today, the entire industry has just gotten much safer, thanks to YFDAI’s SafeSwap.
Read the full article and view our Pitch decks and promotional video below:
SafeSwap promo video: https://youtu.be/pe20vAi_N6E
•┈ Projects can apply here! 💱 ┈•
Application form: https://yfdai.finance/images/Pdf/SafeSwap_Application_Form.pdf
Medium Article: https://medium.com/@yfdaifinance/yfdai-safeswap-is-open-for-applications-1d53d3b10456
•┈ Join the YFDAI sales team! 💸 ┈•
A total of $50,000 in YF-DAI tokens and tokens of the project you source will be paid!
Join our sales team today!🧑💻
The SafeSwap Pitch Deck here: https://t.me/YFDAIGlobalSalesSupport/761
The Global Sales Team Deck here: https://yfdai.finance/images/Pdf/SafeSwap%20Global%20Sales%20Deck.pdf
Telegram Group:https://t.me/YFDAIGlobalSalesSupport
Sample E-mail and Telegram Message: https://docs.google.com/document/d/1CLII6gAT16RTMU84iabd1Rlpf6ba-Im_vZhcxtwDHgc/edit?usp=sharing
Medium
YFDAI SafeSwap is open for Applications!
Within mere months, DeFi has already become one of the crypto space’s most innovative fields. The emergence of DeFi has opened the gates…
Forwarded from Canva (Ragdeos)
Paypal Holding Inc. Chief Executive Officer Dan Schulman said the use of digital currencies is set to go mainstream as more merchants take a “digital first” approach to payments.
“The entire world is going to come into digital first,” Schulman said at the Web Summit conference on Wednesday. Shops are moving to accept payments via smartphones and QR codes, even in-store, and more customers are starting to use digital wallets, which “are natural complements to digital currencies.”
“The entire world is going to come into digital first,” Schulman said at the Web Summit conference on Wednesday. Shops are moving to accept payments via smartphones and QR codes, even in-store, and more customers are starting to use digital wallets, which “are natural complements to digital currencies.”