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A user mistakenly transferred 499,000 USDT to Tether; now the tokens are lostšš Apparently, the crypto user copied the wrong link and mistakenly sent half a million dollars to Tetherās smart contract. The individual is extremely lucky that Tether is a centralized platform, and heāll likely get his money back. If he had transferred, say, ETH to an Ethereum smart contract, it would have been no laughing matter. To avoid getting into such situations: āŖļø Check every digit in the recipientās address when sending large sums. Itās worth doing this. āŖļø If you are interacting with a certain wallet for the first time, send a minimum transactionāe.g., 1 USDTāfirst to make sure that everything works properly. Donāt forget: Due to the decentralized nature of blockchains, if you send coins to the āwrongā place, youāre unlikely to to get them back. Stay vigilant! #BESAFE #Alert #Tetherwallet #BinanceTournament #Megadrop #CryptoTradingGuide $BTC $ETH $BNB
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#BinanceTournament #CertiKvsKraken #CryptoTradingGuide š£ Binance CEO Richard Teng Affirms Binanceās Support To BtcTurk Amid Recent Hack Binance has taken swift action in freezing over $5.3 million in stolen funds linked to the recent BtcTurk cyberattack. Collaborative efforts between the exchanges aim to mitigate losses and enhance security measures for cryptocurrency users. Binance CEO,Ā #RichardTeng has reaffirmed the exchangeās commitment to bolstering security measures and protecting user funds in the wake of the recent hack targeting BtcTurk. In a decisive move, Binance has frozen stolen funds that transited through its centralized exchange, demonstrating proactive steps to mitigate the impact on affected users. Tengās statement underscores Binanceās proactive stance in safeguarding the integrity of the crypto ecosystem amidst evolving cybersecurity challenges. šø Binanceās Commitment to Security and Support for BtcTurk Binanceās CEO took to X, announcing their active role in assistingĀ BtcTurkāsĀ investigation into a recent security breach. The crypto giant has already frozen over $5.3 million in stolen funds that passed through its platform, showcasing its commitment to combating illicit activities in the cryptocurrency space. In response to the attack, BtcTurk swiftly halted allĀ cryptocurrencyĀ deposits and withdrawals. The hackers targeted the exchangeās hot wallets, compromising balances across 10 different cryptocurrencies. However, BtcTurk officials have reassured users that the majority of assets, stored securely in cold wallets, remain unaffected by the breach. #BinanceTournament #CryptoTradingGuide $BTC $ETH $BNB
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