🔥 ByBit Hacked ! 😱 $1.4 Billion 👀 ETH Cold wallet hack | Muhammad Traders on Binance Square

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🔥 ByBit Hacked !  😱 $1.4 Billion 
👀 ETH Cold wallet hacked  in bybit & $1.4 billion wipes out  through pushing attack.
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#BTCRebound 🔥 Vitalik Buterin proposes replacing Ethereum’s EVM with RISC-V for better scalability! 👀 Ethereum co-founder Vitalik Buterin has proposed replacing the Ethereum Virtual Machine with RISC-V, an open-source instruction set architecture, as the new foundation for Ethereum smart contracts. In a post shared on the Ethereum Magicians forum on Apr. 20, Buterin argued that the switch could drastically improve the performance and simplicity of Ethereum’s Ethereum eth -3.47%Ethereum execution layer. The EVM is responsible for executing smart contract code across the Ethereum network. According to Buterin, its limitations have become a long-term bottleneck for scaling. He believes replacing it with RISC-V, a hardware-standard architecture already used in zero-knowledge EVMs, could provide massive improvements in proving efficiency, particularly for zero-knowledge-based scaling. ZK-EVMs currently translate Ethereum operations into RISC-V before producing proofs. Buterin recommends developers write contracts that compile directly to RISC-V, bypassing this intermediary step. Popular Ethereum programming languages like Solidity and Vyper, he said, would still be functional but would focus on RISC-V rather than the EVM.

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🔥 TWO-FACTOR AUTHENTICATION ENHANCES SECURITY FOR PI MIGRATION WALLET Two-Factor Authentication (2FA) plays a crucial role in securing the Pi Migration Wallet, ensuring that only authorized Pioneers can access their accounts. As Pi Network transitions towards its Open Mainnet, safeguarding users' digital assets has become a top priority. With 2FA enabled, users must verify their identity using an additional authentication method, such as a one-time password (OTP) sent via email, SMS, or an authenticator app. This extra layer of security significantly reduces the risk of unauthorized access, phishing attacks, and hacking attempts. Even if an attacker obtains a user's password, they would still need the second authentication factor to gain access. Pi Network encourages all Pioneers to enable 2FA to protect their Pi Wallets during the migration process. As cyber threats continue to evolve, strong security measures like 2FA ensure a safe and seamless transition to the Pi Mainnet. Additionally, users should remain vigilant against suspicious activities and never share their login credentials with anyone. By implementing Two-Factor Authentication, Pi Network enhances trust, security, and decentralization—aligning with its vision of creating a secure and user-friendly digital currency ecosystem. #WhaleMovements

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$ETH 🔥 What's Rug pull? A rug pull is a type of scam in the cryptocurrency and DeFi (decentralized finance) space where developers create a project, attract investors, and then suddenly withdraw all funds, leaving investors with worthless tokens. This is a common exit scam in crypto, especially in new or unregulated projects. Types of Rug Pulls: 1. Liquidity Theft: Developers remove liquidity from a decentralized exchange (DEX), making it impossible for investors to sell their tokens. 2. Dumping Tokens: Developers pre-mine a large supply of tokens and sell them all at once, causing the price to crash. 3. Honeypots: The smart contract prevents investors from selling tokens, but developers can withdraw funds freely. How to Avoid Rug Pulls: Research the team: Anonymous or unknown developers are a red flag. Check liquidity lock: Ensure liquidity is locked to prevent sudden withdrawals. Analyze smart contracts: Look for backdoors in the code that allow the creators to manipulate funds. Avoid projects with extreme hype: If a token promises unrealistic returns, it’s likely a scam. Would you like an example of a famous rug pull case?

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#VIRTUALWhale ✅ As of February 22, 2025, Ethereum (ETH) is trading at approximately $2,778.19. Recently, Ethereum experienced a significant decline, dropping from a peak of $4,100 to around $2,800. This downturn was exacerbated by a substantial $1.5 billion hack on the Bybit exchange, leading to an 8% decrease in ETH's price. Despite these challenges, market analysts remain optimistic about Ethereum's long-term prospects. Projections suggest that ETH could reach between $4,000 and $5,000 by the end of 2025, driven by factors such as increased institutional adoption and favorable regulatory developments. In the short term, Ethereum's price is expected to consolidate between $3,800 and $4,000 in February 2025, with potential for a gradual recovery as market conditions stabilize. In summary, while Ethereum has faced recent setbacks, its long-term outlook appears promising, with potential for significant price appreciation in the coming months.

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#MarketSentimentWatch Effect of Sentiment in the Crypto Market Market sentiment plays a crucial role in the cryptocurrency industry, influencing price movements, trading volume, and overall investor behavior. Unlike traditional markets, crypto sentiment can shift rapidly due to its speculative nature and decentralized structure. 1. Price Volatility Bullish Sentiment: Positive news, regulatory approvals, or institutional adoption can drive prices up as more investors buy in. Bearish Sentiment: Negative news, hacks, or regulatory crackdowns can trigger panic selling and sharp price drops. 2. Social Media & News Influence Platforms like Twitter, Reddit, and Telegram amplify market sentiment. A single tweet from influential figures (e.g., Elon Musk) can cause price swings. FUD (Fear, Uncertainty, Doubt) spreads quickly, leading to panic selling, while FOMO (Fear of Missing Out) drives rapid price increases. 3. On-Chain Activity & Investor Behavior Positive sentiment increases on-chain activity, leading to more transactions, staking, and DeFi participation. Negative sentiment can cause large withdrawals from exchanges, signaling a shift to long-term holding or risk aversion. 4. Market Cycles & Sentiment Indicators Greed & Optimism: Leads to bubbles and overvaluation. Fear & Pessimism: Creates buying opportunities but may cause prolonged bear markets. Indicators: Fear & Greed Index, sentiment analysis tools, and on-chain data help gauge investor mood. Conclusion Sentiment is a key driver of crypto markets, often outweighing fundamentals in the short term. Traders and investors monitor sentiment to anticipate trends and make strategic decisions.

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