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2024-05-03

Popular crypto exchanges(2023 Update) 2024-05-03
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This possibility is particularly apparent when considering Bitcoin’s long-term performance against the S&P 500. Indeed, the clear signal confirming the bull market’s start in February 2023 appears intact. Source: PixabayBalancer, the Ethereum-based decentralized finance (DeFi) protocol, is facing a security breach, marking the second such incident in less than a month. The platform issued a warning to its users after detecting an attack on its frontend, urging them to refrain from interacting with the Balancer user interface until further notice.The breach was revealed to the community on September 19th, around 11:49 pm UTC. $238,000 Worth of Crypto Stolen While the full extent of the attack is still under investigation, it has raised concerns among users and the broader DeFi community. Blockchain security firms, including PeckShield, and blockchain analyst ZachXBT, estimate that approximately $238,000 in cryptocurrency has been siphoned off.The attack's modus operandi appears to involve hijacking the Balancer domain, Balancer.fi. Users who accessed the compromised website were prompted to approve a malicious contract, unknowingly facilitating the draining of their wallets. Reports from affected users indicate that this deceptive approach has been quite effective.Despite the ongoing investigation, Balancer contributor Cosme Fulanito has provided some assurance that the protocol's vault remains "100% fine." This suggests that user funds held in the protocol may not have been affected, though official confirmation from the company is still pending.Balancer Protocol Exploited for $2 Million a Month AgoThis security breach comes as a disconcerting sequel to Balancer's recent vulnerability scare in August, where the protocol warned users of a critical vulnerability. Just days after the initial warning, the platform suffered an estimated $2 million exploit linked to the vulnerability. Although mitigation measures had been implemented to reduce risks, affected liquidity pools could not be paused, leading to the urgent withdrawal advisory for users.The Balancer team has learned from the previous incident and acted swiftly to investigate and contain the breach. Users are now advised to exercise extreme caution, refraining from any interaction with the platform's user interface until the situation is resolved, highlighting the constant battle for security and trust within the DeFi space.CFTC Targets DeFi Protocols Opyn, ZeroEx, and Deridex in Sweeping Crackdown Here's how to buy bitcoinTokenization platform Brickken is holding a competition for indie developers — allowing them to raise capital, attract a new audience of engaged players and accelerate their projects.For years, crowdfunding has been the go-to for game builders looking to make a splash and secure investment for their big idea, and it continues to enjoy significant demand within the game industry.Statistics from Kickstarter reveal that gaming is still the most popular category for crowdfunding campaigns. A total of 80,163 projects have launched after securing $2.27 billion in investment.But gaining traction and achieving milestones has gotten more complicated as the market reaches saturation — with even the most promising titles struggling to stand head and shoulders above the competition.This is where tokenization comes into play and turns gamers into stakeholders.The benefits of tokenizationBefore tokenization, a significant barrier to entry for potential investors in emerging gaming projects was the minimum investment required. To make matters worse, those who contributed might not receive much incentive in return.Tokenization transforms all of this — by automating and token-gating these processes. It opens the door to fractional ownership, meaning gamers on all budgets can take a stake in the projects they’re passionate about. Developers also have an opportunity to give backers a seat at the table — allowing them to vote on key milestones that’ll alter the course of the project in the months and years to come. Communication channels can be walled off to those who have made a contribution too, enabling them to tap into exclusive perks and content.Moreover, tokenization is a marketing powerhouse for both players and game developers. Players become stakeholders, motivated to promote and engage with their favorite games actively, and tokenized assets further fuel their involvement. For developers, it's a community-building tool that incentivizes player engagement. The result is a more inclusive, efficient, and engaging ecosystem that benefits both developers and gamers alike.As Felix Tejland, chief marketing officer at tokenization solution provider Brickken, points out, crowdfunding has played a pivotal role in bringing our most beloved games to market.“Asset tokenization is the evolution of that, introducing a participatory aspect in which the early adopters can be properly incentivized to boost awareness and help in marketing the game.”Unlocking the futureNow, the Brickken Gaming Awards have launched — allowing budding developers to showcase their creations in exchange for the chance to supercharge their ideas like never before. Successful applicants have the potential to win free tokenization and a marketing package worth $10,000.Source: BrickkenThe project says this can give imaginative games massive exposure and sponsorship opportunities, all while cultivating contacts with fellow developers and enthusiasts.After filling out a participation form, applicants who advance to further rounds will be tasked with pitching their game in a live broadcast — paving the way to a final where prizes will be awarded.Ever since smartphones challenged the dominance of game consoles, there’s been a golden opportunity for cutting-edge titles to make a huge impact — and reach emerging economies that were once out of reach. Brickken now believes that tokenization could take fundraising and audience engagement to the next level.Learn more about Brickken Gaming AwardsDisclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice. Chart with 4-hour candles showing the recent decline in the LINK price.

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In a new strategy session, crypto analyst Benjamin Cowen tells his 787,000 YouTube subscribers that Ethereum is likely to collapse by the end of the year. BCH Miners Reserves Drops Below 6M For The First Time Since 2018 FBI DISRUPTS VIRTUAL CURRENCY EXCHANGES USED TO...On Oct. 5, Friend.tech announced new account security features to help users protect themselves, including the ability to add and remove login methods. This followed user complaints that the platform’s 2FA passcode feature had inadvertently locked people out when their phone numbers were swapped. In his characteristic manner, billionaire entrepreneur and majority owner of X, Elon Musk, has revealed plans to hide interaction buttons associated with posts on the social media outfit.

Source: TradingViewThe price of Shiba Inu (SHIB) has inched upwards by 0.5% in the past 24 hours, reaching $0.00000692 as the wider cryptocurrency market dips very slightly across the same period.SHIB is now down by 5% in a week and by 6% in the last 30 days, with the meme token also having lost 14.5% of its value since the beginning of the year, in contrast to many other major coins (e.g. BTC, ETH, XRP, SOL).However, October has historically been a very good month for SHIB, with the coin's surge of 822% in October 2021 showing just what it can potentially do towards the end of each calendar year.So if SHIB comes anywhere near replicating its performance from two years ago, it could end up entering November at a much higher level than it currently has now.Shiba Inu Price Prediction as SHIB Could Skyrocket to $0.00003000 – Will History Repeat Itself with an 822% October Surge?SHIB's indicators continue to suggest that the meme token remains very oversold, and that it has been since the middle of August.In particular, the chart below shows that SHIB's relative strength index (purple) has languished below 50 for nearly two months, with this indicator actually being below 40 for much of this time.Source: TradingViewSuch low levels signal heavy selling pressure, yet they also signal the possibility of a recovery rally, which becomes likelier with every passing week that SHIB's RSI struggles to clear 50 or 40.Likewise, the altcoin's 30-day moving average (yellow) has remained below its 200-day average (blue) since May, providing another very big sign that SHIB really should rebound soon.However, it's possible that the token hasn't quite bottomed out yet, seeing as how its support level (green) has been declining for more than a few weeks now.This decline indicates that few buyers are interested enough in SHIB to buy it when it falls to new lows, although SHIB supporters could argue that this is as much a sign of bearish market-wide sentiment as it may be of a lack of confidence in SHIB.Still, it's worrying that SHIB hasn't done much since August, yet again this potentially sets the stage for big gains in October.As noted above, October has been one of SHIB's best months, with even October 2022 seeing the coin rise by 10% in only 31 days.Of course, past performance is no guarantee of future performance, while it also needs to be remembered that SHIB's gains in October 2021 came when it was still a pretty low-cap coin, with much more growth potential than it has now.As such, SHIB supporters should perhaps not expect an 822% gain this time around, even if the token is due a rebound.New Alts With Strong FundamentalsWhile SHIB does look like it's due to rebound soon enough, it's not the only altcoin in the market with good potential right now, with several new presale coins also looking highly promising.Perhaps the most promising of all is Bitcoin Minetrix (BTCMTX), a tokenized cloud mining platform that launched its presale at the end of September and has already raised close to $900,000.Such a figure indicates that investors like what they see as far Bitcoin Minetrix's design and roadmap is concerned, with the platform offering users the ability to earn mined Bitcoin by staking the BTCMTX token.Specifically, Bitcoin Minetrix converts staked BTCMTX into tokenized mining credits, which can then be used to purchase hashpower on the Bitcoin blockchain.This enables users to indirectly mine BTC, with those who stake enough BTCMTX in line to receive freshly minted Bitcoin.Sweetening the deal further is the fact that holders can also earn new BTCMTX by staking the token, making it doubly profitable.It will have a total supply of 4 billion, with 1.4 billion being made available as part of the presale.Buyers can join this sale by going to the official Bitcoin Minetrix website, where BTCMTX currently costs $0.011.Each stage of the sale will increase this price a little further, with BTCMTX ending at $0.01190 by the tenth and final stage.And once this stage has closed, the token will list on exchanges, where it could make a big profit for early investors.Visit Bitcoin Minetrix 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.Terra Luna Classic Price Prediction as LUNC Approaches Lowest Level in 2 Months – Will LUNC Keep Falling? United States Federal Funds Effective Rate, 1955-2023. Source: Board of Governors of the Federal Reserve System. How to Use the Volatility Shares 2x Bitcoin Strategy ETF -- First SEC Approved Leveraged ETFRandom number generators (RNGs) find their primary application in gambling and statistical sampling. This is where the objective is to generate random outcomes. However, using RNGs in the creation of insurance balances or bank account balances constitutes fraud. PitchBook analyst Robert Le believes:

Ethereum enthusiasts have affectionately referred to this new supply schedule as "ultrasound money." This is because, for most of 2023, the number of coins burned has exceeded the number issued, effectively causing a net decrease in the total ETH supply. However, what many failed to grasp is the inherent unpredictability of this monetary policy. If negative momentum breaks through the $0.06057 support level, the next level to look for is around $0.059. However, if positive momentum prevails, the price may revisit the $0.06100 barrier level. How to invest $5,000 dollars for quick return?Frax’s sFrax seems similar in motivation to MakerDAO’s DAI Savings Rate (DSR), a bear market success story that has helped Maker increase its revenue for five straight months by giving DAI holders exposure to Treasury yields, per DeFiLlama. As previously reported in the build-up to the highly anticipated trial, an Oct. 1 court ruling provisionally barred Bankman-Fried from apportioning blame to FTX lawyers who were allegedly involved in structuring and approving loans between Alameda and FTX.


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