Who is Mexico's main trading competitor? - cyptoranking.com

2024-05-04

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Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.ETH’s Price Could Suffer If History Repeats Itself: Analyst Image Source: UnsplashHeartland Tri-State Bank, a community bank in Elkhart, Kansas, has been forced to shut down after its CEO, Shan Hanes, lost millions of dollars in a cryptocurrency scam. The incident unfolded on July 5 when Hanes, desperate to retrieve his money from a supposed cryptocurrency investment, approached one of his wealthy clients with a peculiar request, according to a recent report from Bloomberg.Per the report, the banker asked the client to lend him $12 million, promising to repay the loan with an additional $1 million in interest after just 10 days. Hanes said he was investing in crypto with the help of someone else and claimed that there were some wire payment issues, which needed an infusion of more funds.The client, a local farmer, ultimately declined to provide the loan, suspecting it to be a crypto scam. He even reportedly advised Hanes to go to Hong Kong in order to recover the money.However, after discovering that Hanes had indeed wired the $12 million, the farmer took the matter to a member of Heartland's board.Consequently, the Kansas Office of the State Bank Commissioner launched an investigation into the bank and declared it insolvent on July 28.The closure of Heartland Tri-State Bank has sent shockwaves through Elkhart, a tight-knit community where the bank played a vital role. As one of only two banks in town, Heartland was deeply embedded in the fabric of the community, sponsoring local events and providing financial assistance to those in need. FDIC Estimates Heartland's Loss at $54 MillionThe Federal Deposit Insurance Corp. (FDIC), which was appointed as the bank's receiver, has estimated a loss of $54 million from its insurance fund to protect depositors. The substantial loss is an indication of the severity of the situation, given that Heartland had total assets of only $139 million. Shareholders, including Hanes and his family, face the possibility of losing their investments as the bank's stock was owned by a separate holding company.The incident has also drawn the attention of law enforcement agencies. FBI agents have been conducting investigations, questioning community leaders with ties to the bank. The FBI, however, has neither confirmed nor denied the existence of an investigation. Exact Details of the Crypto Scam Remain UnclearThe exact details of the crypto scam that ensnared Hanes remain unclear.However, a warning issued by the US Department of the Treasury's Financial Crimes Enforcement Network suggested that it was probably a pig butchering scam. Meanwhile, Hanes has not been accused of any wrongdoing.He has resigned from his positions on the school board and the Kansas Bankers Association and is awaiting the outcome of the ongoing investigation.The collapse of Heartland comes as four major US lenders have failed so far this year, including Silvergate Bank, Signature Bank, Silicon Valley Bank, and First Republic Bank.Among these banks, the failure of Silvergate and Signature was partly related to the 2022 crypto meltdown. Bigger Than Pepe and Shiba Inu, Wall Street Memes Price Pumps 56%, Trading Volume Beats Other Top Meme Coins Who is Mexico's main trading competitor?The increasing number of ETH tokens available to be traded on exchange spot markets is a significant bearish signal. It implies that many current holders are potentially looking to liquidate their positions in the short term. Source: AdobeStock / PR Image FactoryIn a significant crypto heist, an unknown individual has reportedly lost access to a staggering $24 million worth of crypto from their Ethereum wallet.The incident, believed to be the result of a phishing scam, stands as one of the largest individual crypto thefts to date, crypto news outlet The Block reported on Thursday.The stolen assets included 4,851 Rocket Pool ETH (rETH), worth some $8.5 million, and 9,579 Lido Staked ETH (stETH), amounting to around $15.6 million based on current prices.The victim's digital wealth was drained from the Ethereum wallet in a swift manner, which shows just how targeted and professional crypto-focused phishing scammers have become.IT security firms such as Beosin and BlockSec have analyzed the incident and have pointed towards phishing tactics as the likely modus operandi.According to these experts, the victim appears to have fallen for a phishing scheme that led them to unwittingly authorize malicious transactions from an Ethereum wallet.Phishing scams common in cryptoPhishing attacks typically involve deceptive emails, texts or phone calls where victims are tricked into giving away sensitive information.These types of attacks are among the most common ways people lose funds to malicious actors in the crypto world.In this specific case, interaction by the victim with a malicious smart contract resulted in the unauthorized transfer of crypto to the attacker.Shortly after unwittingly giving the green light to transfer funds to the attacker, the stolen digital assets were moved to an address cryptically labeled "Fake_Phishing186943," as confirmed by data on the Ethereum blockchain explorer Etherscan.“There are reports that this address was used in a Phishing scam. Please exercise caution when interacting with it,” Etherscan writes about the specific address in a warning to users.Tornado Cash Co-Founder Roman Storm Maintains Innocence in Money Laundering Case – Here's the Latest

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Ouyang, one of the co-founders, shared IYK’s journey in a recent X thread. Shark cryptocurrency wallets are smaller in scale than whale cryptocurrency wallets, but still represent a group that should be given importance in terms of the total supply they hold. Best Cryptocurrency Exchanges in Australia in 2023The Legendary TRU Band Room Joins Forces with SpottieLand in Decentraland In a groundbreaking development, the TRU Band Room, part of the Rocking Uniquehorns (TRU) community, has forged a strategic partnership with SpottieLand, the immersive virtual environment created by Web3 musician and entrepreneur, SpottieWiFi. SpottieLand, launched earlier this year within Decentraland (DCL), is quickly becoming a hub for music and art enthusiasts in the metaverse. TRU Band Room in Decentraland Since its inception in 2021, the TRU Band Room has hosted over 700 live shows, showcasing talents from more than 20 countries, making it a vital contributor to the burgeoning metaverse music scene. The partnership with SpottieLand marks a significant move for the Band Room, which will relocate to this exciting new space. Mark your calendars for the grand reopening on October 2nd at 10pm UTC. This event promises to be a game-changer for Decentraland users, as they will get the first glimpse of the revamped TRU venue. Notably, the updated TRU venue will feature an exclusive VIP floor accessible solely to holders of Rocking Uniquehorns NFTs. TRU Band Room has always aimed to create a larger and more captivating venue for its weekly lineup of artists, including renowned resident musicians like StoneyEye, Mr.Swe, and Ash Orphan. The collaboration with SpottieLand was a natural choice given SpottieWiFi's unwavering commitment to Web3 and metaverse music. Shelley VanWitzenburg (ShelleyVan), manager and host of TRU Band Room, expressed their enthusiasm for this partnership, emphasizing SpottieWiFi's pioneering role in the metaverse music space. “The commitment SpottieWiFi has shown to growth of Web3 and metaverse music is unprecedented. He’s a true innovator and pioneer in the space, and we couldn’t be more thrilled to combine our communities to help create further growth and opportunities for independent musicians,” said Shelley VanWitzenburg (ShelleyVan), manager and host, TRU Band Room. SPOTTIE.LAND SpottieWiFi, who is already well-known among metaverse music fans, has expanded his presence in Decentraland with the opening of SpottieLabs HQ. SpottieLand is poised to become the go-to destination for music and art aficionados in DCL, having hosted Web3 music powerhouses like Allan Kingdom, Stockz, Shark Anthony, and Nessy The Rilla. This commitment to supporting emerging metaverse musicians motivated the decision to partner with TRU. “TRU has been a pillar in Decentraland for over two years now, producing hundreds of live shows and consistently creating a space where musicians and fans from all over the world can connect in a meaningful way. We share the same vision and mission, so it's an honor to welcome the TRU team and community to SpottieLand,” said SpottieWiFi. The updated TRU Band Room, developed in collaboration with Switzerland-based Software Brauerei, WJ Designs, and Songbird Collective, boasts several enhancements, including the exclusive VIP floor. This VIP area, inspired by intimate music club atmospheres in cultural hotspots like West Hollywood, CA, and New York City, can be accessed through a portal in the main performance room's loft area or via two "Band Member" entrances in the new rear parking lot. Inside the VIP lounge, TRU NFT holders can enjoy a bar, booth seating, and a large screen for live music performances. Mint a TRU NFT to gain VIP access and support a musician in the process by selecting from the dropdown menu of artists who've performed in the venue. Outside the main venue, a beer garden offers Decentraland users an opportunity for pre-show entertainment. The front of the building features dynamic elements, including a dynamic billboard, animated lighting, and a lively version of the beloved TRU mascot, Steve. Later in the year, phase two of design updates will introduce a brand-new NFT record shop and tour bus. Don't miss the grand reopening of the TRU Band Room on October 2nd at 10pm UTC, located at coordinates 100,77 in Decentraland. The event will include live interviews with TRU venue manager Shelley Van, SpottieWiFi, and The Rocking Uniquehorns co-founder UniKorn, followed by MoFyah Monday with StoneyEye. Additional event details can be found here. This exciting partnership between TRU Band Room and SpottieLand is set to reshape the metaverse music landscape, offering unprecedented opportunities for both musicians and fans. Join us in this epic journey into the virtual world of music and art! Upcoming events Keep an eye on the Decentraland Events page for the next party. Find your friends wherever they are in the metaverse by setting up your Gate on Lighthouse, the open metaverse navigation engine! Follow TRU on Twitter & InstagramThe metaverse is real: Zuck's 'incredible' photorealistic tech wows crypto twitter If Ethereum fails to clear the $1,600 resistance, it could continue to move down. Initial support on the downside is near the $1,565 level. The next key support is $1,550.

OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum to Pioneer Zero-Day Options & Social Trading Platform Margin Trading in Crypto What countries does Blockchain.com support for buying ...The countdown to Bitcoin’s halving is ticking away. As of now, 197 days remain, positioning the event on or about April 25, 2024. Yet, some trackers project an earlier date of April 21, 2024, and there’s even calculations showing a March 2024 occurrence. The blockchain project launched by Neal Stephenson, who coined the term “metaverse” in his 1992 book, Snow Crash, is pushing forward with its vision despite waning interest in it and some declaring that it’s “dead.” Compared with its peak in 2021 and 2022, search interest for the metaverse has declined in 2023, according to data from Google Trends. The declining interest in the metaverse has also led some to declare that the metaverse hype is dead. Global search interest for the keyword “metaverse.“ Source: Google TrendsDespite the waning interest and the declarations that it’s dead, some keep their heads down and build. In a statement, Lamina1 — the metaverse blockchain project founded by Stephenson — said it’s holding a month-long event in October called the Open Metaverse Discovery Month. The firm will hold workshops and provide joint quests and bounties to equip builders and creators with the knowledge to explore metaverse experiences.Kicking off in just a few hours – #Unity/#UnrealEngine SDK + Open Metaverse Discovery Month AMA w/ @OpenMetaDAO. Join us to talk worldbuilding & what's next for the toolkit and our partnership.More info at: https://t.co/Pmsqk7oqTe pic.twitter.com/ktaCQgkVEi— LAMINA1 (@Lamina1official) September 29, 2023

In an Oct. 8 X thread, Blockworks founder Jason Yanowitz revealed one of the ways the SIM-swap attacks are being orchestrated. The process involves a text message that asks the user for a number change request, where users can reply with “Yes” to approve the change or “No” to decline it.If the user responds with “No,” the user is then sent a real verification code from Friend.tech and is prompted to send the code to the scammer’s number.“If we do not hear a response within 2 hours, the change will proceed as requested,” a follow-up message shows.“In reality, if I sent the code, my account would get wiped,” he said.Someone is trying to hack my @friendtech 1) Text sent saying they’re changing my number 2) I respond no3) They say to confirm no, send the verification code 4) Receive actual verification code from friend tech5) After no response, they text again saying they’ll auto… pic.twitter.com/j76vI969jP— Yano (@JasonYanowitz) October 8, 2023 Top 3 Price Predictions: Bitcoin, Ethereum, and eTukTuk Forecasts for 2023 multi cryptocurrency walletComing into 2024, Hayes said either a financial crisis will push rates closer to 0% or the government keeps raising rates, but not as fast as governments spend money and people continue looking for better returns elsewhere. Meanwhile, the behavior analytics platform for cryptocurrencies, Santiment, which sources on-chain, social and development information, shows that Ethereum fees are at their lowest levels of 2023 after a steady multi-month slump. Meanwhile, social dominance, showing the number of mentions on crypto-related social media, has hit a seven-month high.

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