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Wizarbit, an innovative crypto prepaid debit card, with genuine bank-issued cards and a host of advanced features, ensuring reliability and trust.
The post Wizarbit: The Next Generation of Crypto Prepaid Debit Cards appeared first on Crypto Breaking News.
Tether’s CEO Paolo Ardoino has alerted the crypto space to another wave of supply chain email scams in an X post. The CEO urged the community to exercise extreme caution while the issue is resolved. Related Reading: Solana-Based GameStop Tribute Token (GME) Soars 300% Following Roaring Kittys Return Exciting News: Its A Scam! On Wednesday, online reports surfaced of suspicious emails being sent to the crypto community. Per the reports, investors received emails from crypto companies offering an upcoming token airdrop. First, users received emails from Bitfinex announcing exciting news for the exchange. The email revealed an upcoming ERC20 airdrop of their new $BFX token for all Bitfinex users. The reason behind the airdrop was the recent approval of Ethereum spot exchange-traded funds (ETF). The email offered a claim now link that redirected to a website asking to connect to the users wallet. Despite the suspicious look of the email, investors doubted its legitimacy as it came from the crypto platforms official address. After being tested by the community, it was quickly revealed that the lookalike website was a scam page. An X user tested the page with an empty wallet and found they were not eligible for the airdrop. However, the user tried Rabby Wallets watch-only feature with a VB wallet. The user found that all the ETH would be sent to another wallet, so there was no airdrop for vb. The destination wallet was empty, which suggested that the scam generated a new wallet for each victim. The user confirmed the theory after testing it with a second wallet. This tactic would make tracking the number of victims and the money involved more difficult. Likewise, several users reported receiving strange emails from Coinbase asking to verify secondary addresses. The racist email claimed that the crypto exchange was shutting down and stated that all funds would be lost if they didnt verify their secondary email for withdrawal authorization. The email also came from the official Coinbase address. However, the post was unauthorized as the sender used racial slurs and doxed himself. Paolo Ardoino Warns Of Ongoing Crypto Scam Tether and Bitfinexs CEO, Paolo Ardoino, took X to address the situation. In his post, Ardoino revealed he had received reports from two independent sources confirming that a prominent vendor used by crypto companies had suffered a security breach. The vendor, which was not named, manages the mailing lists of several important crypto companies. Similarly, CoinGeckos COO Bobby Ong warned users about the ongoing supply chain email attack targeting the community: Several crypto companies may be affected via email blasts of fake token launches. Be careful with email newsletters in the coming days. Despite being affected by the security breach, Ong assured users that CoinGeckos website and mobile app had not been impacted and were safe to use. Moreover, he clarified that the crypto-tracking website was not launching a token, nor did it have plans to. Its worth noting that this is not the first time a supply chain email attack has targeted the crypto industry. In January, a massive phishing campaign drained around $600,000 from investors after a scammer sent unauthorized emails from different crypto-related companies. Related Reading: Ethereum (ETH) Set For Glorious Year, Analyst Eyes $10,000 Target It was revealed at the time that a member of the exploited vendors customer support team became the initial point of compromise. As of this writing, there are no official reports of affected users or lost funds yet. Featured Image from Unsplash.com, Chart from TradingView.com
Navigate the Ethereum network with ease as we unravel Etherscan - the tool that brings transparency and accountability to Ethereum. Learn to check transactions, examine blocks, monitor addresses, verify smart contracts, and more.
Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost of $66. Transfers and Dex Swaps Costlier as Ethereum [...]
The post Meme Token Frenzy Drives up Ethereum Fees, Testing Networks Scalability appeared first on Crypto Breaking News.
Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction, with over 86,000 WBTC evaporating from circulation since last July. A 12-Month Decline of 86,000 WBTC in Circulation The Wrapped Bitcoin [...]
The post Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year appeared first on Crypto Breaking News.
According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and issued on the Ethereum blockchain. During the launch announcement, SG-Forge’s CEO stated that a stablecoin “built under a robust banking-grade structure” will be a key element to increase trust and confidence in [...]
The post Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues appeared first on Crypto Breaking News.
Here is a very interesting privacy-oriented crypto project that is currently in the works called MASQ, and it is not only a new browser that you might soon find yourself using, but a whole privacy-oriented network with a lot of potential. The MASQ web3 privacy browser operates on top of the core MASQ Node software, […]
Solidus Labs, which has been monitoring 12 leading blockchains, has detected a majority of scam-like tokens originating from Binance’s BNB Chain.
Do the Cool Cats still have Blue Chip status? The collection fell on hard times lately, but so has any other NFT project out there. We’re in a bear market, after all. A Hollywood agency manages the Cool Cats project, they had the coolest exhibit in NFT NYC, and collaborated with TIME magazine in a weird NFT drop. Still, the collection’s floor price is down to levels not seen since the project’s conception. Related Reading: Blue Chip NFTs 101 – What’s The Secret Behind CloneX? Built For The Metaverse The Cool Cats started spreading good vibes in July 2021. It’s a PFP collection consisting of 9.999 unique cats assembled from various traits that formed 300K possibilities total. The ecosystem expanded in two major ways lately. They launched their secondary collection, the Cool Pets, and their own token, $MILK. The new coin is the blood of the gamified experience that the collection’s creators have been releasing. pic.twitter.com/GcpXtb5Vt8 — Mike Tyson (@MikeTyson) July 9, 2021 Speaking about those, the core team are: the smart contract programmer Tom Williamson, web developer Rob Mehew, creative director Evan Luza, and illustrator Colin Egan AKA The Cartoonist. The unofficial fifth member of the band is Mike Tyson. The eternal heavyweight champion changed his Twitter profile picture to a Cool Cats and that propelled the collection when it needed it the most. The Relationship Between Cool Cats And CAA The Cool Cats went Hollywood on March 2021. In a move unprecedented at the time, the creators signed with leading talent agency CAA. In a press release from the time, the partners explained the deal in detail: “Leading entertainment and sports agency Creative Artists Agency (CAA) has signed Cool Cats, producers of the widely known Cool Cats and Cool Pets NFT collections. In collaboration with the gamified NFT company, the agency will identify and create opportunities for Cool Cats characters across an array of areas, including licensing and merchandising, animated content, brand partnerships, live events, publishing, and more.” So, there’s serious money and interests behind the cats. Why are they fading away into the background, then? Is it just an effect of the bear market? BTC price chart on Bitbay | Source: BTC/USD on TradingView.com Cool Cats ’ got utility First of all, Cool Cats holders get their NFT’s property rights. That means, they can produce commercial projects with their NFT’s images. Cool Cat owners also get access to the project’s Discord server, and priority for all of the exclusive Cool Cats events and mints. Holders can stack their NFTs and get yield in $MILK. Another benefit is access to Cooltopia, a project they define as “a gamified ecosystem built on interactivity and utility, community rewards and growth, collaboration with brands, and much more.” Another self-definition has Cooltopia as a “place where having a Cool Cats NFT grants you evolving access to games, tokens, community events, collaborations, and more.” Plus, there’s the Cool Pets side project. A reward to NFT holders and a way for newcomers to enter the ecosystem at a lower price point. The Cool Pets collection has 19,999 units. Every holder got a pet for free. The general public bought the other half. The Cool Pets first come as an egg image, that hatches and reveals the final NFT. The pets are divided into four elements: Fire, Water, Air, and Grass. The $MILK token The $MILK is an ERC20 token on the Ethereum and Polygon blockchains. It’s the oil that greases Cooltopia’s gamified economy. According to the documentation: “$MILK is the key to all sorts of functionality and fun in the Cool Cats ecosystem, from buying Battle or Housing chests to going on quests.” “$MILK is also how you’ll enhance and evolve your Cool Pets.” This one describes the NFTs staking-like mechanism: “Your Cool Cat is earning $MILK just by being cool (the $MILK claiming clock begins as soon as the contract is deployed), and that $MILK will accumulate over time.” Controversy And Suspicion There’s something strange going on with this project. Recently, the newly-appointed CEO stepped down after just three months. There was never a credible explanation. The collection just tweeted, “Chris Hassett has stepped down as CEO. We thank him and wish him the best moving forward.” Is there something rotten in the Cool Cats headquarters? Related Reading: Blue Chip NFTs 101: The World Of Women Collection, Including And Conquering And then there’s the price. At its height, in October 2021, the Cool Cats floor price was around 26 ETH. Almost a year later, the floor Cool Cats are trading for 2.9 ETH. That’s not all, the Cool Pets’ floor price is 0.18 ETH. Are those Blue Chip numbers? Even though we’re basically in the middle of a crypto winter, the collection seems to be falling off a cliff… Will the Cool Cats land on their feet? Featured Image: screen shot from the collection's site | Charts by TradingView
A mix of fundamental, on-chain and technical catalysts has driven the CHZ price to its best levels since April 2022. What's next?
The largest NFT marketplace on Ethereum’s Optimism confirmed an exploit and loss of ERC-20 tokens. Quixotic has announced that all ...
NFTs and DeFi have taken the world by storm in recent years, but both industries have downsides. Bringing them together could be a force for good.
Tether has dropped against the U.S. Dollar slightly — causing a bit of a de-peg to the fiat currency. According ...
Netvrk is a metaverse with a user-friendly interface and low cost of entry with opportunities for users to monetize. Learn more with our “What Is Netvrk?” guide. Covered: What Is Netvrk? Features of Netvrk Partners & Team Tokenomics What Is Netvrk? Described as an open “sandbox” virtual metaverse and comparable to Decentraland, Netvrk is a […]
The post What Is Netvrk? appeared first on CryptosRus.
Maverick officially announced the success of its $8 million funding. The funding is led by Pantera Capital. Maverick will revolutionize ...
Vienna,Austria – Decentralized Finance is an important part of the cryptocurrency domain, specializing in granting users universal access to financial ...
CoinMarketCap delists many fake addresses of SHIB tokens. Address pairs with SOL, BNB and LUNA all have been removed. Only
The post has appeared first on thenewscrypto.com
LCX exchange has lost $6.8 million in one of its hot wallets to hackers. PeckShield, a blockchain security company identified ...
AMP crypto is a digital collateral token aiming to smooth out the friction in transacting with crypto. Check out our “What Is Amp?” Guide to learn more! Covered: What Is AMP Crypto? What Is Flexa? Who Created AMP? How It Works What Is AMP Token? What Is AMP Crypto And Flexa? AMP is an ERC-20 […]
The post What Is AMP? appeared first on CryptosRus.
The token now grapples with a notorious multi-month resistance trendline.
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