Compound Finance Hacked. Compound Finance, a decentralized finance (DeFi) lending platform that experienced a meteoric rise in popularity during the 2021 crypto market bull run has compromised its official website and is now displaying a malicious phishing link. The attack was initially brought to light by blockchain investigator ZachXBT, who cautioned crypto community members to avoid visiting the site temporarily. ThZachXBT was there to announce the hijack on his official Telegram channel. At the moment, investors’ money is being stolen via a newly registered phishing site that replaces the genuine Compound Finance website. It is quite interesting that a team…
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The Bitcoin 2024 Conference is generating buzz not just for its focus on cryptocurrency innovations but also for its high-profile guests. Among the most talked-about is former President Donald Trump, who is set to attend as a special guest. In a surprising move, Trump has announced a $60,000 fee for a photo op, turning it into a high-stakes fundraiser. This announcement has sparked discussions among attendees and the wider crypto community, with opinions divided on the hefty price tag. As the conference approaches, anticipation grows around Trump’s appearance and the potential impact on his fundraising efforts. At the Bitcoin 2024…
Tap to Earn Crypto Games. The popular messaging app Telegram has become a surprising hub for crypto gaming. These games blend simple mechanics with blockchain technology, allowing players to earn crypto while having fun. Let’s dive into the world of Telegram crypto games and explore some of the best options out there. What’s Telegram, Anyway? First, let’s take a brief look at Telegram. It’s a messaging program that has been around for more than ten years and is great at handling big group discussions quickly and securely. The recent addition of capabilities to Telegram that allow developers to create games…
Earn Free Bitcoin. Bitcoin is the original cryptocurrency and is now the most valued digital currency. Due to its increasing popularity, crypto investors from all over the globe are clamouring to acquire this commodity. Bitcoin is available on several platforms and exchanges, but what if there was a way to acquire it effortlessly? There are seven distinct methods to get free Bitcoin, and this blog post explains them all. Seven Different Ways to Earn Free Bitcoin Many individuals are trying to find ways to get their hands on free Bitcoins because of how popular it is right now. Many results…
Mt. Gox Sent $9B in BTC. Mt. Gox sent about $9 billion (or more than 140,000 Bitcoin) to two unidentified addresses and one known cold wallet in only three hours on July 16. Arkham Intelligence reports that Mt. Gox has resumed the mobilization of cash stored for the first time in two weeks and that the company still has 138,985 Bitcoin (BTC) in its main wallet, worth roughly $8.7 billion. Almost 96,000 BTC, or more than $6 billion, was transferred to two anonymous wallets in two separate transactions, with the first 44,527 BTC going to a known Mt. Gox cold…
Genesis Trading Sells Bitcoin. Genesis Trading, a significant player in the market presently going through the process of filing for bankruptcy, is continuing to liquidate substantially more Bitcoin assets. The corporation has transferred 600 Bitcoin (BTC) to Coinbase, estimated to be worth around $37.72 million. This action has garnered the attention of investors as well as analysts. Bitcoin’s recovery is being called into doubt due to this most recent transaction, which is part of a bigger trend seen over the past month. This pattern has raised concerns about potential market implications. Genesis Trading’s Bitcoin Liquidation It has been reported that…
Biggest Bitcoin Debate. Mt. Gox has been in the spotlight because it has returned $9 billion worth of Bitcoin transactions to its customers. These transactions were not a gift reward but a return of the customers’ stolen items. Mount Gox, the largest Bitcoin cryptocurrency exchange at the time, experienced a security breach that resulted in the largest cryptocurrency theft ever, resulting in the loss of 850,000 Bitcoin. This occurred more than a decade ago. While it was valued at over $470 million, it is now worth $53.3 billion. The difference is a significant amount. Thousands of holders have been harmed…
Bitcoin (BTC) Donations to Germany. The participants in the cryptocurrency ecosystem are responding unusually to Germany’s implementation of a Bitcoin (BTC) price drop. The wallet that Arkham Intelligence is tracking has begun accepting donations in Bitcoin less than twenty-four hours after the Saxony government emptied its final batch of Bitcoin on Trader Flows and 139Pon. The Reasons Behind the Unsolicited Bitcoin Donation It may be said that those who advocate for cryptocurrency have an infectious mindset. The German government’s wallet address currently has more than sixteen dollars worth of Bitcoin. A couple of donors provided the money, with the highest…
Blockchain in Finance. Financial services, supply chain management, and healthcare were just a few sectors rocked by the revolutionary new trends brought about by blockchain technology. About two or three years ago, blockchain startups first gained widespread attention. Almost every contemporary business is now exploring blockchain technology for potential opportunities. Blockchain is a distributed ledger system that operates independently of any central authority. In 2009, it managed to capture the attention of the general public. Thus, conventional wisdom was that blockchain technology could only be useful in the financial sector. According to its features, blockchain technology has the ability to…
Mirror Trading in Crypto. Trading cryptocurrencies, especially for those without experience, is fraught with danger because of how unpredictable the market is. Mirror trading and copy trading are two trading tactics that might help you lower your risk by mimicking the actions of successful traders in the market. Here, we’ll examine mirror trading and how it relates to cryptocurrency in great depth. What Is Mirror Trading? To achieve the same level of success as a famous trader, you can use a technique called “mirror trading,” in which you mimic their every move in the market in real-time. This trading method…