How to Start Investing in Cryptocurrency: Beginner's Guide - cyptoranking.com

2024-05-10

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Users of Friend.tech — a decentralized social network — have recently been targeted by numerous hacker attacks. 🚨 50,000,000 #XRP (24,894,598 USD) transferred from #CryptoCom to unknown wallethttps://t.co/f2Zrx9pLf3 How to Start Investing in Cryptocurrency: Beginner's GuideWith current prices at $0.50, these newly acquired 50 million XRP are worth approximately $25 million. For several reasons, such a large crypto whale demand during a price downtrend can be bullish for the asset price. According to Hayes, mounting government debt, a large amount that needs to be rolled over, and diminishing productivity can only be addressed with money printing. While monetary expansion does lead to bull markets, the consequence tends to be high inflation.

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#LacePlatform 1.6 is even easier to use. You can now customize your #multistaking ratios by percentage, from one easy-to-use interface. Plus you can view all your selected pools at the top of the Browse Pools tab + other fixes. Read the latest now. https://t.co/cIVyPqqnEi pic.twitter.com/5j7TO9xon9 Further, it engaged with a San Francisco-based Y-combinator team dedicated to innovating in the realm of tokenization of enterprises and assets. Elon Musk's Twitter Takeover Sparks Dogecoin Rally Yet AgainMeanwhile, Litecoin transactions with cryptocurrency payment processor Bitpay are increasing. According to September numbers, nearly a third of all consumers used Litecoin to pay for goods and services at Bitpay merchants. At the time of publication, Bitcoin’s price is $27,821.

Elliptic highlights two factors contributing to the rise in cross-chain criminal activities. Maker crypto must attract buyers in order to surge toward the upper trendline. Investors in Maker Crypto need to wait for any directional change over the daily time frame chart. Bitcoin-WalletSource: iStock/JuSunFriend.tech has suffered from a major privacy breach that has led to the unauthorized disclosure of sensitive information pertaining to more than 101,000 individuals.Banteg, a core contributor to popular DeFi project Yearn Finance, has published a repository of publicly available scraped data on GitHub, revealing critical details of over 101,000 users on the Friend.tech platform.The exposed information includes wallet addresses on Base and corresponding Twitter usernames. “101,183 people have given friend.tech access to post as them, leaked db (database) indicates,” Banteg said in a Monday tweet. However, the privacy breach doesn't stop there. Banteg also highlighted a concerning situation regarding Friend.tech's permissions. It appears that these users may have granted Friend.tech the ability to post on their behalf, possibly without fully comprehending the extent of the permissions granted or giving their explicit consent.The breach came to light when Spot On Chain analysts discovered that Friend.tech's API had inadvertently "leaked" information. They revealed that through the API, it was possible to view wallets created by users, with associated Twitter usernames. Launched as a beta version on August 11, Friend.tech allows users to tokenize their social networks by purchasing and selling "shares" of their connections. Friend.tech applies a 5% fee on transactions, with the owner profiting from the trade spread. The project is built on Coinbase's layer-2 network Base.Friend.tech Says the Information Was Already PublicFriend.tech responded to the incident by trying to downplay the severity of the breach. They claimed that the information was publicly available through their API, implying that scraping it is similar to looking at someone's public Twitter feed."This is just someone scraping our public API that shows the association between public wallet addresses and public Twitter usernames," they said in a recent tweet. The privacy concerns surrounding Friend.tech comes as the platform has gained significant traction recently, attracting high-profile signups and accumulating protocol fees exceeding $1.42 million in the last 24 hours. This impressive growth has positioned Friend.tech among the top three crypto projects in terms of user-paid fees.The driving force behind this project is believed to be a developer operating under the pseudonym Racer. Racer has previously designed social media networks such as TweetDAO and Stealcam, both of which were based on non-fungible tokens (NFTs). With Friend.tech, Racer aims to attract crypto influencers with substantial fan bases, providing them the opportunity to earn royalties from trading fees. Additionally, the platform is also seeking to strengthen relationships between Web3 projects, venture capitalists, and important figures in the crypto industry.Decentralized Social Network Friend.tech Surpasses $1 Million in 24-Hour Fees, Leaving Uniswap and Bitcoin Behind Subsequently, Bitdeer was able to maintain “stable operations” at that site for the full month of September, Kong said in October.

Wang’s “understanding that these were actual loans – structured by lawyers and memorialized in formal promissory notes that imposed real interest payment obligations – is relevant to rebut the inference that these were simply sham loans directed by Mr. Bankman-Fried to conceal the source of the funds,” the filing said. This change is intended to streamline the case and take advantage of the jurors' fresh memory of testimonies, according to legal experts. MetaMask Crypto Wallet-MoneyWhen Solana is considered overall, it is true that it is quite new in the market and takes time to gain more traction and trust in crypto traders. However, Solana as of press time has 1.2M followers on Twitter and 71.5K followers on Telegram. While Terraform continued to grasp at straws, almost depleting its BTC reserves to support UST, LUNA’s price plummeted by 96% in one day, tapping at less than 10 cents.

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