Token Appearing by Itself in Your Wallet? Beware, It Could Be a Trap!
#BinanceSafetyInsights
Have you ever seen foreign tokens suddenly appear in your crypto wallet? Donāt celebrate just yetāit could be a trap!
Scammers use this trick to lure you into interaction. Once you click, send, or just approve that token, they can drain all the assets in your wallet. This is known as a "dusting attack" or "smart contract trap".
Binance CEO, CZ, once warned about this:
> āIf you donāt recognize the token and have never purchased itāignore it.ā
What should you do?
Donāt touch, send, or claim foreign tokens
Use a wallet that can hide unknown tokens
Stay updated on new scams from trusted sources
Remember, in the crypto world: clicking carelessly can be fatal.
Token Appearing by Itself in Your Wallet? Beware, It Could Be a Trap!
#BinanceSafetyInsights
Have you ever seen foreign tokens suddenly appear in your crypto wallet? Donāt celebrate just yetāit could be a trap!
Scammers use this trick to lure you into interaction. Once you click, send, or just approve that token, they can drain all the assets in your wallet. This is known as a "dusting attack" or "smart contract trap".
Binance CEO, CZ, once warned about this:
> āIf you donāt recognize the token and have never purchased itāignore it.ā
What should you do?
Donāt touch, send, or claim foreign tokens
Use a wallet that can hide unknown tokens
Stay updated on new scams from trusted sources
Remember, in the crypto world: clicking carelessly can be fatal.
Positive Signal for Investors, Price $BTC Today Strengthens. Will This Trend Continue?
Bitcoin once again captures the attention of investors with a significant price increase.
The price of Bitcoin today has reached US$84,013.48, with a 24-hour trading volume of US$30,170,764,087. $BTC
The increase in Bitcoin's price today indicates a rise of 1.22% in the last 24 hours, although over the past seven days, it has experienced a decrease of -3.94%. With a circulating supply of 20 million BTC, Bitcoin's market capitalization now stands at US$1,668,721,700,402.
This figure indicates an increase over the last 24 hours with a percentage rise of 1.22%.
However, over the past seven days, the price of Bitcoin today has actually decreased by -3.94%.
The movement of Bitcoin's price is often influenced by various factors such as market demand, global economic policies, and regulatory developments in various countries.
SEC Account Hacker and Mastermind Behind Bitcoin Price Surge Arrested
Blockchainmedia - Eric Council Jr., a 25-year-old man from Athens, Alabama, was arrested today in connection with the hack of the SEC account at X that caused the price of Bitcoin to spike by more than $1,000 in January 2024. Council is charged with conspiracy to commit identity theft and unauthorized access to a device.
According to the indictment, on January 9, 2024, he and several others took over the SEC account at X and posted a false statement in the name of SEC Chairman Gary Gensler, claiming that a Bitcoin Spot ETF had been approved for trading on a national stock exchange.
"The conspirators allegedly used their unauthorized access to manipulate the financial markets," District Attorney Graves said in the indictment Thursday (10/17/2024).
The false statement caused the price of Bitcoin to spike, but the price quickly plummeted after the SEC clarified that the announcement was invalid.
The hack was carried out using a technique called a "SIM swap," in which the hackers managed to switch the victim's phone number to a SIM card they controlled. With this access, they were able to bypass layers of security like two-factor authentication that are commonly used to protect important accounts.
"SIM swap attacks allow perpetrators to access sensitive information from individuals or businesses, which is then used to commit crimes," said FBI Agent David Geist.
According to the indictment, Council used stolen identities to hack the SEC accounts. By printing fake IDs using the victim's personal information, he managed to obtain a new SIM card at a phone store in Huntsville, Alabama, that was linked to the victim's phone number.
He then purchased a new iPhone and used the device to hack the SEC accounts. Council then shared the access codes with his co-conspirators, who then published fake tweets announcing the approval of the Bitcoin Spot ETF. $BTC $XRP Source: Investing.com
Tesla Moves $BTC Bitcoin Worth Rp767 Trillion: BTC Sale Coming Soon Late 2024?
On Tuesday, a wallet associated with Tesla moved more than 11,500 Bitcoin to an unknown address. According to data from crypto analytics firm Arkham Intelligence, the move left just Rp103 (or $6.65) in Bitcoin in Tesla's wallet. This amount is considered insignificant, but it has caught the attention of the cryptocurrency community.
The Arkham Intelligence report also mentioned that the Bitcoin was moved to a wallet that is not connected to any crypto exchanges. This suggests that Tesla may not be preparing for an imminent sale. However, market observers speculate that the move could be a prelude to a major sale in the future, although there has been no official statement from Tesla regarding this. $ETH $PEPE
Altcoins Targeted by Crypto Whales for Potential Profit in the Second Week of October 2024
$POL , previously known as MATIC, is the last on the list of altcoins targeted by crypto whales. Since its transition from MATIC to POL, the price of Polygon's native token has continued to dive. This movement has left only 1% of its holders in profit.
However, according to IntoTheBlock, the net flow of large holders was recorded to have skyrocketed from 4.71 million as of October 8 to 47.36 million one day later. This means that a group of crypto whales have added tenfold to their previous holdings to their portfolios.
While that number may have plateaued, this decision seems vital to POL's price movement. If it continues, crypto whales may be able to send the price well above US$0.37. However, this does not guarantee a sustainable increase, especially since crypto whales can stop buying at any time. #CryptoExplorerFiesta #oktobull
Cryptoharian ā The price of Bitcoin (BTC), which is the largest crypto in the world, is currently at a critical point that could determine the direction of its next movement. According to one analyst with the account name X āCrypto Ferasā, $BTC is forming a ābull-flagā pattern which is known as a positive signal if the price manages to break through the upper limit of this pattern. The bull-flag pattern, which is a continuation pattern of a bullish trend, has caught the attention of traders. This pattern is formed when the price consolidates after a sharp increase, creating a parallel channel or flag. āBitcoin is now at the diagonal resistance of this bull-flag pattern. If $BTC manages to break through this resistance, the bullish trend can be confirmed,ā said Feras. From the chart shared by Feras, it appears that there are two potential price targets based on the size of the flagpole: Small Flagpole Target: US$ 88,000
The price of Pepe at the same time last week was $0.0000098. The price has moved by 9.29% in the past week and is currently at $0.00001. In fact, in the past 24 hours, PEPE has jumped by 4.16%. There is a slight bullish sentiment in the crypto market. However, the long-term sentiment remains bullish and PEPE could reach $0.000016 by 2025. The total circulating supply of Pepe at the time of writing is $420,690,000,000,000 and the market cap of PEPE remains at $4,448,093,912. The long-term price of Pepe is expected to reach a high of $0.000079 in 2035.