Polygon’s Discord server was recently hacked. After that, the blockchain regained access to the server. One user claimed he lost money due to a security breach. Polygon, a layer-2 blockchain, announced that it had regained access to its community Discord channel just hours after being hacked on Saturday.News of the hack first broke around 9:41 a.m. GMT+3 on August 23, when a user on Twitter X reported seeing a fraudulent link being shared in the Polygon announcement channel on Discord. The network’s Chief Information Security Officer, Muddy Gupta, confirmed the breach minutes later and warned users not to click on…
Author: Crypto Flexs
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Jack Anderson 23 Aug 2024 08:46 Binance announces wallet maintenance for The Open Network (TON) on August 26, 2024. Deposits and withdrawals will be suspended during the maintenance period. Binance has announced the upcoming wallet maintenance for The Open Network (TON), scheduled to begin on August 26, 2024 at 01:00 UTC. According to Binance, deposits and withdrawals on the TON network will be temporarily suspended starting from 00:55 UTC on the same day. The maintenance is expected to take approximately 2 hours. Impact on users During the maintenance period, token trading on The Open…
Semilore Faleti is a crypto writer specializing in journalism and content creation. He started out writing on a variety of topics, but Semilore soon discovered a knack for tackling the complexities and nuances of the fascinating world of blockchain and cryptocurrencies. Semilore is attracted to the efficiency of digital assets in terms of storing and transferring value. He strongly supports the adoption of cryptocurrencies, believing that they can improve the digitalization and transparency of the existing financial system. Semilore has been actively writing about cryptocurrencies for the past two years, covering many aspects of the digital asset space including blockchain,…
The total value of U.S.-based spot Bitcoin exchange-traded funds (ETFs) has reached a record high of about $58.4 billion so far in August, following a seventh straight day of positive inflows on Friday.According to data from SoSoValue, Friday saw the highest inflows since the streak began, with $252 million being the largest net inflow in 32 days since July 22. Unsurprisingly, BlackRock’s IBIT, the largest spot Bitcoin ETF by total asset value, saw the largest net inflows of around $87 million, extending its lead over other funds. Fidelity’s FBTC saw inflows of $64 million, the second-highest total. Grayscale’s GBTC, the…
Electronics and entertainment giant Sony is developing a new Ethereum (ETH) layer 2 blockchain called “Soneium.” In a recent press release, Sony Group announced that it is developing Soneium as a means to further expand into the web3 world. According to Sony, leveraging blockchain technology can provide users with a more streamlined, secure, and decentralized experience. “By developing blockchain, the basic infrastructure of Web3, we will be able to provide comprehensive Web3 solutions from the infrastructure layer to the application layer, rather than simply providing some services. End users will be able to access Soneium via applications compatible with Soneium’s…
Wang Long Chai 23 Aug 2024 09:10 Binance Futures will launch VIDTUSDT perpetual contracts on August 23, 2024, offering up to 75x leverage to expand trading options. Leading cryptocurrency exchange Binance has announced the launch of a new USDⓈ-margined VIDTUSDT perpetual contract, which will be launched on August 23, 2024 at 09:30 (UTC). According to Binance.com, the new product will allow traders to leverage their positions by up to 75x.Key Features and DetailsVIDTUSDT Perpetual Contract is designed to enhance the trading experience of users by expanding the list of available trading options on Binance…
Rules • August 23, 2024 4:22 a.m. EDT Posted 1 minute earlier ~ in China has extradited a suspect named Zhang from Thailand. Zhang is believed to have led a massive $14 billion pyramid scheme involving cryptocurrencies, making him the first financial crime suspect to be extradited under the China-Thailand extradition treaty that came into effect in 1999.China’s Ministry of Public Security announced today that Chinese and Thai authorities formed a special task force called “Hunting Fox” and extradited Zhang to China on Wednesday.Zhang is accused of masterminding a fraud called “MBI Group” since 2012, which lured investors into paying…
TON is stuck in a tight range below $7. Can Altcoins Break Out of a Sideways Trend? From mid-August Toncoin (TON) is trading within a narrow price range. Friday’s relief bounce saw Bitcoin (BTC) tap $64,000, but it failed to generate much movement on TON’s price chart. In fact, it was still stuck within the $6.4 and $7 price levels. But given the improving sentiment in the cryptocurrency market over the weekend, at what levels should TON speculators be wary? Will TON break out of its sideways trend? Source: TON/USDT, TradingViewOn the upper time frame chart, the 200-day SMA (simple…
Singapore — WEEX ExchangeAs a leader in cryptocurrency trading, we are proud to announce the latest news. WEEX WE-Launch The event will feature the innovative and forward-thinking Bad Idea AI (BAD) project. Not only will the initiative include a massive 840,000,000,000 BAD token airdrop, but it will also give participants the opportunity to participate in the “Share 2 Earn” program where they can earn 2,000 USDT by promoting the project on social media. Understanding Bad Idea AI (BAD): A Bold Step Towards the Future Bad Idea AI ($BAD) is an experimental project that perfectly integrates blockchain technology, artificial intelligence, and…
Singapore — WEEX ExchangeAs a leader in cryptocurrency trading, we are proud to announce the latest news. WEEX WE-Launch The event will feature the innovative and forward-thinking Bad Idea AI (BAD) project. Not only will the initiative include a massive 840,000,000,000 BAD token airdrop, but it will also give participants the opportunity to participate in the “Share 2 Earn” program where they can earn 2,000 USDT by promoting the project on social media. Understanding Bad Idea AI (BAD): A Bold Step Towards the Future Bad Idea AI ($BAD) is an experimental project that perfectly integrates blockchain technology, artificial intelligence, and…