Best P2P Crypto Exchanges in Nigeria 2023-Peer-to- ... - cyptoranking.com

2024-05-06

Popular crypto exchanges(2023 Update) 2024-05-06
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On Nov. 21, the FTX hacker was observed attempting to launder funds by using a “peel chain” method, which involves sending decreasing amounts of funds to new wallets and “peeling” off smaller amounts to new wallets. The hacker responsible for stealing over $400 million from FTX and FTX.US in November could be using the hype around Sam Bankman-Fried’s fraud trial to further obfuscate the funds, said CertiK director of security operations Hugh Brooks.Only days before the start of Bankman-Fried’s criminal trial, the FTX hacker, known as “FTX Drainer,” began moving millions in Ether (ETH) they had gained from the November attack.The movements have continued throughout the trial. In the last three days, the hacker transferred approximately 15,000 ETH (worth roughly $24 million) to three new wallet addresses.“With the onset of the FTX trial and the substantial public attention and media coverage it is receiving, the individual accountable for draining the funds might be feeling an increased urgency to conceal the assets,” said Brooks.“It’s also plausible that the FTX drainer harbored an assumption that the trial would monopolize so much attention from the Web3 industry that there would be insufficient bandwidth to trace all stolen funds while also covering the trial concurrently.”FTX, which had once been valued at $32 billion, declared bankruptcy on Nov. 11. That same day, employees at FTX began noticing massive withdrawals of funds from the exchange’s wallets. An Oct. 9 report from Wired has provided fresh insight into how events transpired during the night of the attack.After FTX employees realized that the attacker had complete access to a series of wallets, the team declared that “the fox [was] in the hen house” and scrambled to keep the remaining funds out of the hacker’s hands.The team reportedly made the decision to transfer a staggering amount of the remaining funds — between $400 million and $500 million — to a privately owned Ledger cold wallet while waiting to hear back from BitGo, the company tasked with taking custody of the exchange’s assets post-bankruptcy.The move likely prevented the attacker from gaining a full $1 billion in the raid.Related: FTX hacker’s wallet stirs as Ethereum ETFs prepare for US debutMeanwhile, Brooks explained that the hacker appears to have changed its method for obscuring funds.On Nov. 21, the FTX hacker was observed attempting to launder funds by using a “peel chain” method, which involves sending decreasing amounts of funds to new wallets and “peeling” off smaller amounts to new wallets.However, the hacker has recently been using a more sophisticated method to obscure the transfer of the illicit assets, said Brooks. The new laundering method being employed by the FTX hacker as recorded on Oct. 2. Source: CertiKThe funds stored in the original Bitcoin wallet are distributed through multiple wallets, transferring smaller divisions of funds to a series of additional wallets, a tactic that “considerably prolongs” the tracing process.Brooks said they have yet to identify any individuals or groups that could be behind the FTX hack and that investigations are continuing.Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.Magazine: Blockchain detectives — Mt. Gox collapse saw birth of Chainalysis Best P2P Crypto Exchanges in Nigeria 2023-Peer-to- ...The Merge: A Game-Changing Variable? Axos’ high–profile clients extend beyond its crypto dealings. It has acted as the financial institution for Alex Jones, a well-known conspiracy theorist and the face of InfoWars, a brand owned by Jones’ Free Speech Media, which also had accounts at Axos. The bank shut down those accounts in September 2023, citing unauthorized transactions as the reason for this sudden decision.

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From July 2022 to June 2023, China reported a total of $86.4 billion in crypto transaction volumes, far lower than the nearly $225 billion recorded during the same period in the previous year. Since the beginning of the war that started on Saturday, over 800 Israelis have died and more than 2,600 people are wounded, with over 100 people kidnapped into Gaza.Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens Best Crypto Exchanges UK-2M+ User Reviews June 2023Source: TradingViewThe price of Dogecoin (DOGE) has dropped today as the cryptocurrency market continues to weather poor conditions, with the meme token falling by 2% in the past 24 hours.At $0.060220, DOGE is also down by 6% in a week and by 5% in a month, with the original meme coin having fallen by 14% since the beginning of the year.This fall since January contrasts strongly with many other major tokens (e.g. BTC, ETH, XRP), with DOGE looking like it's suffering a long-term decline.However, the Dogecoin community still hoping that X (formerly Twitter) will eventually introduce cryptocurrency payments, DOGE could witness a big comeback eventually.Dogecoin Price Prediction as Hopes for $1 Linger – Is a Bull Market on the Horizon for DOGE?DOGE's chart looks fairly grim at the moment, and it has looked this way for well over a month now, with its indicators showing no immediate signs of recovery.Source: TradingViewIts relative strength index (purple) has remained below 50 since the middle of August, and has actually been below 40 and close to 30 for much of this time, indicating some serious overselling.Reinforcing this concerning picture is the fact that DOGE's 30-day EMA (yellow) has been comfortably below its 200-day average (blue) for much of the year, something which again suggests it's in the middle of a drawn out process of decline.It also looks bad as far as the coin's support level (green), which has been sliding since the middle of August and could easily continue sliding for the foreseeable future.The problem with DOGE is that, caught in the middle of an ongoing bear market, there is nothing fundamental holding it up and protecting it from ongoing falls.It's hard to remember when Dogecoin saw its last significant piece of news or update, with the coin almost exclusively waiting for Elon Musk to tweet some inane reference to meme token in order to prop it up.As far as the longer term picture goes, its community is hoping that DOGE payments eventually come to X, which is certainly moving in a direction that would suggest it intends to introduce digital payments of some kind.Indeed, recent months have seen X receive money transmitter licenses, meaning that it's nearing the point where it will be able to offer financial and/or payment services.Of course, plans to introduce payments doesn't guarantee that such plans will involve DOGE, even if Musk is undeniably a long-term supporter of the meme token.Because of this uncertainty, it's hard to say whether DOGE will enjoy a major recovery in the not-too distant future.Assuming that DOGE payments do come to X, it could easily return $0.10 if not much higher.But if they don't, the meme token could continue its seemingly inexorable decline, falling through one support level after another in the coming months, unless another bull market arrives.Fundamentally Stronger CoinsTraders tired of coins without fundamentals may prefer to look at some of the newer tokens on the market that do boast actual use cases, with some of these currently holding their presales right now.For example, TG.Casino (TGC) is a decentralized casino platform that will combine online betting with social networking.Having begun the presale for its native TGC token a few weeks ago, TG.Casino has already raised in excess of $500,000, a sign that investors are being won over by its fundamentals and roadmap.As a casino platform, TG.Casino offers a wide variety of online games and gambling experiences, with its platform having already launched and having already begun attracting a growing userbase.But what distinguishes the platform from its rivals is the fact that it also operates on Telegram, which it has begun using in order to tap into the large online communities that already exist on the popular social messaging app.This harnessing of Telegram has given TG.Casino a headstart over many of its competitors, with the platform's success in a raising half a million dollars suggesting that the use of the app is already paying off.Its native token, TGC, will have a hard cap of 100 million, with 40% going to its presale, 20% going to staking rewards and 10% to gaming rewards.Such a distribution is likely to motivate greater involvement from its community, increasing the chances that TG.Casino will have a long and fruitful lifespan.New buyers can join the presale by heading over to the official TG.Casino website, where 1 TGC costs $0.125.TGC will remain at this price for the entire presale, yet once it lists on exchanges in the next few weeks it could easily rise much higher.Visit TG.Casino NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Ethereum Price Prediction as $1,800 Level Comes into Play – What Are the Indicators Showing? You might also like: What are AI crypto coins?

— Litecoin Foundation ⚡️ (@LTCFoundation) October 9, 2023 Total US debt. Source: X/@Excellion 8 Best Bitcoin Wallets of June 2023Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.Thousands of users fall victim to data breaches every day. That’s why now it’s more important than ever to understand what data breaches are, how they happen, and how to prevent them.Most websites store user data in some shape or form. When they experience a data breach, controlling the spread of the compromised data becomes very difficult. The effects of a data breach can be devastating, with permanently damaged online reputation or even identity theft.For crypto traders, a password breach might mean a substantial financial loss. That’s why it’s essential to understand more about data breaches and how to protect your passwords – and your money.How data breaches happen Data breaches can occur in several ways and for many reasons. A malicious party outside the organization is typically to blame – but someone within an organization can also cause them. When a data breach happens within the organization, it’s often the result of an unintentional accident, human error, or infrastructural weaknesses. However, they can also be insider jobs – a data breach deliberately carried out by someone within the company.When a data breach happens due to a malicious party targeting the organization, it’s known as a deliberate attack. These deliberate attacks may involve techniques like ransomware, phishing, social engineering tactics, SQL injection, or brute-force attacks.Stolen credentials – the most common cause of data breaches Unsurprisingly, stolen or leaked credentials are most commonly responsible for data breaches.When a password is stolen or leaked, it becomes available to unauthorized parties and can be used to access various personal or business accounts. Cybercriminals can steal passwords in several ways, including keylogger programs, phishing, social engineering, brute-force attacks, and, sometimes, simply guesswork.A stolen password can have severe consequences for users and organizations, exposing accounts to cybercriminals and potentially causing significant financial losses.The biggest data breaches of 2022 This year has seen many major data breaches exposing the data of millions of customers. Here are some of the most significant incidents this year to date: January 17, 2022: Hackers broke into almost 500 crypto traders’ wallets on crypto.com and stole $18 million in bitcoin and $15 million in Ethereum.March 21, 2022: The Lapsus$ hacker group breached the authentication company Okta, affecting 2.5% of the company’s customers.March 23, 2022: Cybercriminals successfully stole $625 million in cryptocurrency from the makers of Axie Infinity.July 21, 2022: Hackers breached the data of approximately 5.4 million Twitter users and put it on sale with their phone numbers and email addresses.How can cybercriminals use stolen data?Hackers can use stolen data in many ways, some of which are worse than others. What criminals do with stolen data largely depends on whether it’s business or personal.Personal informationSell it for profit. Cybercriminals may put stolen data up for sale on the dark web. According to Experian, criminals can sell data for anywhere between $1 to $2,000.Steal money or commit financial fraud. Stolen data may give attackers access to bank or investment accounts – a relatively easy way to steal the user’s money.Commit identity theft. Hackers may use stolen data to open new credit cards or file a tax return under the victim’s identity.Cause damage on social media. Cybercriminals may also use stolen data to access the victim’s social media accounts. They may share posts as the victim or contact their friends and followers to ask for money.In most cases, the victim will have to jump through hoops to restore their life to how it used to be, including contacting the authorities, changing all login credentials, and notifying family and friends.Corporate informationStolen corporate information can have a devastating effect on an organization’s reputation too.When a significant data breach occurs, users may lose trust in an organization and its ability to handle their information securely. This loss of confidence can seriously impact the business long-term, causing irreversible reputation damage.Of course, stolen corporate information may also lead to major financial losses, like in the cases of the data breaches listed above. Overall, data breaches pose serious risks – whether at an individual or corporate level.How to prevent a data breachIndividuals and organizations can prevent data breaches in various ways, including:Keeping software up to date.Being mindful of phishing attacks.Shredding documents with personal or financial information.Only using secure websites.Checking credit reports.However, since most data breaches happen due to weak or stolen passwords, let’s look at how to improve your passwords.Improve your password securityPassword security is vital in data breach prevention. Strong passwords are much harder to crack and will be more effective in keeping your accounts safe. Here are some tips for password security:Create unique passwords that are at least 12 characters long.Use lower and uppercase letters and a combination of letters and numbers.Include at least one special character. The longer and more complex your password is, the harder it becomes for hackers to guess or crack it.Keep your passwords safe. Using a reliable password manager could help you always create strong, uncrackable passwords and store them in a secure, encrypted place. Password managers can help avoid human errors and make your accounts more secure.Data breach prevention tips for crypto wallets With crypto trading becoming more popular, crypto-related data breaches are increasing too. Protect your crypto wallets with strong passwords as your first line of defense. Here are some tips for keeping your crypto wallets safe:Create complex passwords. Malicious tools for brute force attacks and password guessing are easily accessible to hackers. If your passwords aren’t strong enough, hackers may be able to break into your crypto trading account and empty your wallet. Use unique passwords. Don’t use the same password on several accounts. Unique passwords are also essential because of the risk of third-party data breaches. One email account could compromise all shared passwords if it suffers a breach.Use a password manager. Remember your complex and strong passwords with a password manager. These helpful cybersecurity tools let you store, autofill, and save as many strong passwords as you want. Your passwords are easily accessible on any device – but only to you.About NordPassNordPass is a highly rated password manager created by Nord Security – a global company specializing in personal and business cybersecurity solutions.NordPass allows users to store, autosave, and autofill unique, complex passwords to secure their online accounts. Users can also store credit card information, notes, and other sensitive information they want to keep securely. The NordPass Premium subscription comes with a handy Password Health tool that detects weak, old, and reused passwords on your accounts. NordPass also has a built-in Data Breach Scanner to check if your passwords, email addresses, or credit card details have been leaked so that you can protect them immediately. NordPass operates under zero-knowledge architecture, meaning that only you know what you keep in your secure password vault. All your passwords and sensitive information stored in NordPass are protected with XChaCha20 encryption for advanced security.Special Deal: NordVPN's 2-year and 1-year Standard, Plus, and Complete plans come with 3 months free!Light Up the Xmas Tree With 1xBit and Win this Christmas Quant price prediction highlights the fall of QNT crypto through a descending parallel channel over the daily time frame chart. QNT has been falling since April 2023 and has been looking for a desirable support to recover from the declining pattern. Buyers need to accumulate at a higher rate in order to push QNT upwards to register its breakout. However, volume change was below average and needs to grow intraday.

In late August, Rebuilding Society announced its new financial promotions approval service. "We’re pleased to announce a new service for the approval of financial promotions for cryptoasset firms," the Leeds-based lender stated. Neutron allows developers to easily build cross-chain applications via Inter-Blockchain Communication Protocol (IBC), providing DeFi dApps with the full economic security of Cosmos Hub. Buy Bitcoin (BTC) with Credit or Debit Card ? NexoFor BeInCrypto’s latest crypto market analysis, click here Crypto startups keep raising capital despite tight liquidity and adverse macroeconomic conditions. September saw major developments in the space, such as Farmville co-creator Amitt Mahajan raising $33 million to create Web3 games and Animoca Brands disclosing $20 million capital acquired to push forward the development of its Mocaverse platform.In another related development, Blockchain Capital closed two new funds in September, with $580 million to be deployed in crypto gaming and decentralized finance projects in the coming months. Cointelegraph’s venture capital (VC) roundup reveals the latest projects raising capital despite the market’s long downward trend.Bubblemaps secures $3.2 million for data visualizationData visualization startup Bubblemaps secured 3 million euros ($3.2 million) in a seed funding round spearheaded by INCE Capital. According to the startup, the funding will be used to grow its team, recruit additional developers, and expand its social media marketing initiatives. Stake Capital, Momentum 6, Lbank, V3ntures, Nicolas Bacca of Ledger, Dyma Budorin of Hacken and French entrepreneur Owen Simonin also contributed to the funding. The company has the ambitious goal of becoming the Google Analytics of Web3. Partnerships have reportedly been set up with Arbitrum, Polygon, Avalanche and BNB Chain. We're thrilled to share the closing of 2 new funds – our 6th early stage fund and 1st opportunity fund.Together, they total $580 million and serve to reinforce our commitment to leading the global transition to decentralized, blockchain-based systems. ↓https://t.co/Vr2uYnGlF7— Blockchain Capital (@blockchaincap) September 18, 2023

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