Beware of Browser Plugins: Protect Your Account from Being Compromised
Main topics of the post:Binance's risk control team has implemented strict measures on the platform to protect users' accounts from being compromised. This includes optimizing cookie logout frequency and adding verification steps for abnormal transactions, which can help provide critical warnings and protect user funds. Additionally, our security experts recommend that users implement a set of proactive steps that can help them avoid falling victim to malicious browser plug-in attacks. Users should avoid installing third-party plugins in their browsers, immediately exit apps and extensions that have access to funds and financial accounts, and use the official Binance app and website.
William received a call from someone claiming to be a Binance agent, informing him of an unauthorized withdrawal. Soon after, he got a text with two links - "https://bloccatransazione.com" and "https://verificanecessaria-binance.com" - telling him to click them to block the transaction and reactivate his account. Concerned, William clicked the links and followed the instructions, unaware they were part of a phishing scheme. The "agent" then asked William to perform a face verification, which he did. This allowed the scammers to access his Binance account and drain his cryptocurrency. William later sought help from the official Binance team. The Binance team confirmed the call, text, and links were a malicious attempt to compromise William's account. They emphasized they never contact customers through calls or messages to request sensitive info or initiate actions - the only legitimate way to reach Binance is through their official website. Further, any suspicious link can be verified through the Binance official verification page at Binance Verify. This incident reminds cryptocurrency users to always verify the authenticity of any communication, even if it seems legitimate, to avoid such scams. Binance will never ask for sensitive actions over the phone or through unsolicited messages.
William received a call from someone claiming to be a Binance agent, informing him of an unauthorized withdrawal. Soon after, he got a text with two links - "https://bloccatransazione.com" and "https://verificanecessaria-binance.com" - telling him to click them to block the transaction and reactivate his account. Concerned, William clicked the links and followed the instructions, unaware they were part of a phishing scheme. The "agent" then asked William to perform a face verification, which he did. This allowed the scammers to access his Binance account and drain his cryptocurrency. William later sought help from the official Binance team. The Binance team confirmed the call, text, and links were a malicious attempt to compromise William's account. They emphasized they never contact customers through calls or messages to request sensitive info or initiate actions - the only legitimate way to reach Binance is through their official website. Further, any suspicious link can be verified through the Binance official verification page at Binance Verify. This incident reminds cryptocurrency users to always verify the authenticity of any communication, even if it seems legitimate, to avoid such scams. Binance will never ask for sensitive actions over the phone or through unsolicited messages.
The user, Mark, reported that he transferred his funds to another platform account of “Aston Option”(www.ashtonoptions.com, now closed.) with the promise of high returns. However, he ended up transferring more funds under the guise of various taxes and was scammed. The user found the scammer via Discord, who promised high profits through Aston Options. The user is unable to withdraw his funds as the scammer is making excuses about taxes, saying it is in process or not replying at all. All withdrawals from the user's account have been made to the scammer. Here, we remind all users that scammers are everywhere on the Internet. They may be your gaming friends, your confidants, etc. But if money is mentioned, please refuse immediately. Protecting yourself is protecting your family.
Binance talks about best investigation practices at Chainalysis event with Brazilian authorities
Binance participated in Chainalysis Nodes Brasil, an exclusive event for Brazilian authorities, which took place this Tuesday (May 7), in Brasília. The event, which is exclusive to the public sector, brought together leaders and experts in law enforcement, regulation and national security to discuss opportunities and risks of the Web3 ecosystem and propose strategies to face current challenges. The event aims to increase knowledge about the cryptocurrency and Web3 ecosystem, and at the same time promote debate on best practices for investigating financial illicit activities involving this class of assets. It also proposes the exchange of experiences to strengthen partnerships between the public and private sectors in preventing and combating crimes involving cryptocurrencies.
Smart Crypto Security: How to Spot and Avoid Fake Binance Launchpool Tokens
Main topics of the post:Binance users are increasingly falling victim to scammers who promote fraudulent cryptocurrencies on decentralized exchanges (DEXs) and falsely advertise them as part of official Binance Launchpool offerings.These scams operate through misrepresented “pre-sales” on temporary Telegram groups and websites, far removed from the standard of official Binance Launchpool operations. Always be wary of promises that seem too good to be true, as genuine large-scale investors typically do not share their "magic formulas" freely.
Shiba Inu Community Anticipates Launch of Shiba Eternity Play-to-Earn Game
According to U.Today, the Shiba Inu community is eagerly awaiting the launch of Shiba Eternity, a collectible card game. Lucie, a member of the Shiba Inu team, recently hinted at what players can expect from the game. The Play-to-Earn (P2E) game will be hosted on Shibarium, and players can earn TREAT tokens for participating. Each transaction within the game will utilize BONE and burn a small amount of SHIB. However, Lucie has reminded the community that the game has not yet been launched.
To earn in the P2E game, players will need Shiboshis and SHEB, both associated with Sheboshis. These elements will also play a role in future breeding, which could potentially result in the creation of new puppies, possibly DN404. Lucie also mentioned that more updates are on the way for Sheboshis, but did not provide further details.
The Shiba Inu Games team has been consistently improving Shiba Eternity, making changes based on community feedback and performance metrics. Over the past month, the game has seen updates aimed at enhancing its social and combat features, as well as overall game stability. One such update, version 1.2.6, added a leash to the Rampage ability, introducing a strategic delay that players must manage.
In April, the team released another significant upgrade for Shiba Eternity. The latest version, 1.2.7, includes major enhancements designed to boost player interaction and strategic depth. This update emphasizes strengthening social connections among players and expanding the strategic aspects of gameplay. Amid these improvements, anticipation is building for the Play-to-Earn version of Shiba Eternity, with the team hinting at progress in this area.
Shiba Inu Lead Shytoshi Kusama Sparks Speculation With Unexpected Move To Lima, Peru
According to U.Today, Shiba Inu lead Shytoshi Kusama has caused a stir in the cryptocurrency community by updating his Twitter bio to indicate a location change to Lima, Peru. This development occurred nearly a day after a cryptic teaser featuring 'Evita' was shared with the community, leading to widespread speculation across social media platforms. The teaser, rich in cultural references but sparse on details, seemed to send a message to the Shiba Inu community. 'Evita' is presumed to refer to Eva Perón, the iconic Argentine figure, symbolizing a revolutionary spirit and a fight for the people. This teaser has led many to wonder if Shiba Inu is gearing up for a significant announcement that could embody the transformative energy that 'Evita' represented.
The sudden move to Lima, Peru, by the Shiba Inu lead has added fuel to the ongoing speculation. Lima is home to a large portion of Peru's population, which is the third largest country in South America after Brazil and Argentina. Given the cryptic 'Evita' teaser shared just a day earlier, there is much curiosity about the potential significance of this unexpected move. Peru is well-known as a cryptocurrency hub, which adds to the intrigue surrounding the move. As the community awaits more information, the speculation continues to grow.
In a possible clue, Kusama hinted at the reason for his frequent location changes after Shiba Inu secured a significant $12 million from strategic VC partners in late April. He stated that he had been pitching to the smartest minds in the crypto industry. The 'Evita' teaser and the unexpected location update to Lima, Peru, have sparked speculation that Shiba Inu may be looking to break into new markets or that a strategic partnership could be on the horizon. However, the exact reason remains unknown.
⚠️Warning: Fake Launchpool token in Turkey Although Binance officials warned everyone about unknown risks before Launchpool, such as Renzo (REZ) on Binance Launchpool, we have issued the following warning: “IMPORTANT: Binance will be the first platform to list the token mentioned herein, with trading starting at 2024-04-30 12:00 (UTC). Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.” https://www.binance.com/en/support/announcement/introducing-renzo-rez-on-binance-launchpool-farm-rez-by-staking-bnb-and-fdusd-b1e64410cc9c4ab29687392f5581a61b However, scammers in Turkey took advantage of this article deceive users that Binance would list the REZ token soon.Then they shared their fake REZ token contract address with the users and users bought fake tokens from Pancakeswap through Binance Web3 wallet. Next, we will take a series of actions to prevent such risks from occurring, and please always pay attention to our updates. Remember: don’t trust any unofficial sources or any way to get Launchpool tokens in advance.
According to CryptoPotato, Dogecoin (DOGE) has seen a weekly spike of approximately 15%, nearing $0.17. Analysts are predicting a bullish trajectory for the cryptocurrency, fueled by breaking multi-year resistance and increased transaction volume. Some are even suggesting that DOGE could potentially reach $1, drawing parallels to previous price corrections followed by significant surges.
The cryptocurrency market has seen a revival in the past few days, with Bitcoin (BTC) reclaiming the $64,000 mark and Ethereum (ETH) climbing above $3,100. However, Dogecoin has witnessed even more impressive gains. The price of the biggest meme coin by market capitalization is up approximately 15% on a weekly scale, inching towards $0.17.
Analysts believe that the latest pump has established a predominantly bullish environment for DOGE, suggesting its value could rise much more substantially in the following months. One such analyst, Rekt Capital, claimed that Dogecoin has 'flipped a multi-year resistance into new support,' resulting in a 'new Macro Uptrend.' Another analyst, Crypto Catalysts, highlighted the meme coin’s increased daily transaction volume and 'reclaiming weekly level' as positive factors, suggesting that DOGE’s path to the milestone of $1 is clear.
Crypto analyst Ali Martinez also shared his views, stating that the asset’s recent retreat could be 'part of its usual behavior before massive bull runs.' He noted several occasions in the past years when the meme coin’s price dipped before soaring significantly. The first case was in 2017 when DOGE retraced by 40% before exploding by almost 1,000%. The situation repeated four years later, with the token’s valuation nosediving by 56% but later skyrocketing by a whopping 12,000%, reaching an all-time high of almost $0.70. Martinez concluded by stating that DOGE has yet again broken out of a descending triangle and is currently undergoing a 47% price correction, very similar to previous cycles, which could ignite the next DOGE bull run.
According to U.Today, Shiba Inu (SHIB) tokens are experiencing a significant increase in their burn rate, with over 81 million tokens being sent to dead wallets. The burn rate has risen by 4,085.94% in the past 24 hours, according to data from the Shiba Inu burn tracker, Shibburn.
Every Shiba Inu token sent to the burn address is designed to contribute to the overall number of SHIB taken out of circulation. The recent burning of Shiba Inu tokens has pushed the total number of incinerated tokens to 410,726,232,655,518 SHIB, leaving approximately 589,273,767,344,481 SHIB in circulation.
However, the value of the 81,649,878 SHIB burnt, which is roughly $2,039, is not enough to significantly impact the price of the underlying token. Despite this, the increase in the Shiba Inu burn rate is seen as a positive sign by community members, as it indicates a renewed optimism and confidence in the future of the token.
The ultimate goal of the Shiba Inu burn campaign is to reduce the supply to a level where price discovery can occur. Supporters of Shiba Inu are aiming for a long-term price of one cent, a price level that is currently economically unfeasible given the existing supply rate.
In the meantime, the core team behind Shiba Inu, led by Shytoshi Kusama, is introducing new utilities that can drive demand. One such example is the launch of the Shibarium hard fork, which is expected to drive adoption through enhanced protocol versatility. At the time of writing, the price of SHIB had increased by 0.55% in 24 hours to $0.00002498.
Tesla Officially Integrates Dogecoin As Payment Option, Boosting Its Value
According to CryptoPotato, Tesla, the electric car manufacturer led by Elon Musk, has officially integrated Dogecoin (DOGE) as a payment option on its website. This move has significantly contributed to DOGE's surge of over 35% this month. The payment page now features Dogecoin, specifying that it can only be used to pay for select products, including merchandise within the online Tesla Shop. Users are instructed to look for the Dogecoin symbol next to the 'order' button for eligible products.
To make a purchase using Dogecoin, individuals must first own a 'Dogecoin wallet.' A disclaimer on the site states that it is the purchaser's responsibility to ensure accurate transfer of Dogecoin to Tesla's Dogecoin wallet. Following this announcement, Dogecoin's value surged by 21% to $0.1685, currently trading at $0.1672, marking a 4% increase in the last 24 hours. This indicates a favorable market response to Tesla's adoption of the cryptocurrency for payments.
Analysts suggest that DOGE is on a bullish path, with various indicators related to the Dogecoin ecosystem showing notable increases. Over the past three months, the number of non-empty DOGE wallets has surged by 13.8%. The aggregate daily volume for transactions exceeding $100,000 has nearly reached $1.5 billion, marking a 12% rise compared to figures observed on May 1. Daily active addresses have experienced a 20% increase, surpassing 66,000. As of May 4, Dogecoin stood out as one of the top performers with a 6% increase.
This isn't the first time Elon Musk's companies have dabbled in cryptocurrency payments. In January 2022, Tesla began accepting Dogecoin as an experiment, offering various company merchandise for DOGE. SpaceX, another Musk-led company, also embraced Dogecoin payments. In March 2024, during Musk's visit to the Giga factory in Berlin, he hinted at implementing Dogecoin payments for Tesla's electric cars, causing a 10% price surge in DOGE immediately after.
Shiba Inu's Price Could Double If It Crosses 110 Trillion SHIB Threshold
According to U.Today, Shiba Inu's price could potentially double if it crosses a significant threshold of 110 trillion SHIB. The breakeven price indicator from IntoTheBlock shows that 110.27 trillion SHIB were purchased by 327,200 Shiba Inu addresses at an average price of $0.000034, which is close to the current price range. This suggests that over 327,000 addresses would need SHIB to rise to $0.00005 to break even.
While the 110 trillion SHIB tokens present a substantial barrier, they also offer the potential for a significant increase in value. If Shiba Inu's current prices are considered, a jump to $0.00005 would represent a 100% increase in SHIB value. This threshold is particularly important because a successful breach above it could potentially remove a zero from the SHIB price.
Following the 110 trillion SHIB threshold, there is a range where 37.13 trillion SHIB were purchased by 126,520 addresses above the $0.000051 price point. A successful takeover of this level could potentially remove a zero from SHIB's price and push it to new all-time highs.
The appearance of a bull flag pattern on the Shiba Inu daily chart also supports a bullish outlook for its price. Crypto analyst Ali noted at the beginning of the week that Shiba Inu seems to be forming a bull flag on its daily chart, which could trigger a bullish breakout and send the SHIB price to $0.000072323.
At the time of writing, SHIB had risen 7.75% in the last 24 hours to $0.000025, reflecting the rally in dog coins. Shiba Inu has been steadily increasing over the last four days, and technically, the price meets a short-term resistance at the daily MA 50 of $0.0000263. A successful break above this point may be necessary for SHIB to leave its current trading range and generate momentum for a new bullish rise.
Here are some practical methods for detecting fake websites that may help you. Who is Domain https://www.whois.com/whois/ There are websites providing useful information of the website you want to visit: Binance Domain Registered on 2017.
High Risk Domain Registered on 2024 just a couple of months old.
Old website means ‘Good’, new website means ‘Bad’ Wayback Machine http://web.archive.org/ The Wayback Machine is a digital archive of the World Wide Web, it allows the user to go "back in time" to see how websites looked in the past. So if you want to visit a website that sells for example cars, but you noticed that the same website was selling in the past mobile phones and before that was selling shoes, means that it’s not safe for you to buy. Use web search wisely! When you search online for a company remember to click on the links that are not advertised. You will notice that search engines like Google tend to provide you several results for the company that you are searching for! Don’t be afraid to choose a second option from the same company if the first option is under ‘advertise’ or ‘sponsored’ tag. Remember! Advertise or Sponsored means that someone paid the search engine to be first in people choice. The more someone pays, the better the results!
🚗💥 Tesla Drives Crypto Forward: Dogecoin Accepted Here! 💥🐕
In a groundbreaking move that turbocharges the link between cryptocurrency and mainstream commerce, Tesla has just announced it will accept Dogecoin as a payment method for select products. This electrifying update promises to shift gears in how we think about crypto's role in everyday transactions.
What’s Happening: - Tesla & Dogecoin: Products eligible for purchase with Dogecoin will prominently feature the Dogecoin symbol next to the order button on Tesla's website. - Easy Payments: To drive off with your Tesla goods, simply transfer the required amount of Dogecoin directly to Tesla’s dedicated wallet. 🚀🐕
Why It Matters: - Mainstream Adoption: Tesla's adoption of Dogecoin not only legitimizes the use of cryptocurrencies in significant transactions but also showcases the growing acceptance of digital currencies beyond the niche crypto communities. - Boost for Dogecoin: As a currency often seen in a more humorous light due to its meme origins, this move by a major corporation like Tesla could significantly enhance Dogecoin's credibility and value.
Looking Ahead: This partnership marks a significant milestone in the adoption of cryptocurrencies, potentially paving the way for more companies to consider similar integrations. It represents a shift towards a future where digital currencies are as standard as traditional money in consumer markets.
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*What do you think this means for the future of Dogecoin and cryptocurrency in commerce? Drive the conversation below!* 🚗🌐
Hi Binancians, We're excited to announce that Binance Square's newest updates are now live in app version 2.82. For a smoother and more efficient browsing experience, we recommend updating your app. Here is a breakdown of our latest features: Community Sentiment for Specific Tokens Experience real-time market sentiment at your fingertips. Visit the 'Square' tab on a token's market page to cast your daily vote - bullish or bearish, and share your invaluable predictions and insights with the community.Candle Chart Widget for Mentioned TokensEasily integrate a candle chart widget for the token you've discussed in your post, enhancing both navigation and discussion clarity. Intrigued readers can directly access the trading page of the token simply by clicking on the chart. Stay Updated with All Things Binance Square Follow the official Binance Square account to keep up with the latest news, features, and updates, and ensure you never miss important information. Your opinion matters to us! If there's a product or feature you want to see implemented on Binance Square, don't hesitate to let us know. Submit your ideas through our customer support, and together, we'll work towards making Binance Square even better. Thank you for being a part of our community!
Bombshell Move from Elon Musk: Dogecoin is Now Valid at Tesla!
According to the FAQ section on Tesla's official website, Dogecoin is now listed as an accepted payment method for some Tesla products.
This development comes after Elon Musk previously hinted that he might accept Dogecoin as a potential payment method for Tesla vehicles.
Dogecoin is among the payment options on the Tesla website For purchases made using Dogecoin, customers need to look for the Dogecoin symbol on the payment page. Tesla only accepts payments made through Dogecoin wallets, and transactions such as payment from more than one wallet, order cancellation and return are not possible for products purchased with these payments.
Elon Musk introduced Dogecoin at an event near Berlin, Germany, in March, suggesting that Tesla might start accepting this cryptocurrency as a payment method for vehicle sales in the future. Musk stated that Tesla "should enable this at some point." Following this news, Dogecoin price increased by over 20% in the last 24 hours and is currently trading at $0.16. The fact that the trading volume increased by over 90% in the last 24 hours shows that there is great interest in this issue among investors. $BTC $DOGE
According to PANews, Tesla has announced that it will now accept Dogecoin as a payment method for some of its products. The company stated on its website that products eligible for Dogecoin payment will display the Dogecoin symbol next to the order button. To make a purchase, buyers simply need to transfer Dogecoin to Tesla's Dogecoin wallet and make the payment. This move marks a significant step in the adoption of cryptocurrencies in mainstream commerce.
Scam Alert Issued To Shiba Inu Community Amid Rising Token Burns
According to U.Today, a warning has been issued to the global Shiba Inu (SHIB) community by the 'Shibarmy Scam Alert' account on the X platform. The alert comes in response to an increase in scammers impersonating SHIB development team members. A recent case involved a social media account on Telegram impersonating Kaal Dhairya, a top SHIB developer. The scammers' objective is to mislead users by providing false information, directing them to fake websites, and obtaining personal details for malicious use.
The 'Shibarmy Scam Alert' account emphasized the importance of staying connected with official team members. It also reminded users that no one from the official SHIB team would ever contact them via direct messages or ask them to link their wallets or provide personal information.
Two days prior, the same source issued another scam alert about the much-anticipated TREAT token. This token is expected to power the layer-3 solution once it is built on the Shibarium blockchain and launched. The alert was a reminder that the SHIB team has not officially released TREAT, despite contrary claims. The 'Shibarmy Scam Alert' account advised the SHIB community to avoid any transactions or investments related to TREAT until its release is confirmed by legitimate sources.
In other news, the Shibburn account reported a significant increase in the SHIB burn rate. Over the past 24 hours, the burn rate has risen by 19.64%, with a total of 5,862,502 SHIB tokens transferred to unspendable blockchain addresses, effectively removing them from the circulating supply. The two largest burns were 3,285,122 and 1,010,509 SHIB. To date, a staggering 410,726,111,151,270 SHIB tokens have been burned by the SHIB team and users. Shiba Inu developers have contributed to the burning of several billion meme coins this year and at the end of 2023.
Dear Binance community, We want to alert you to the presence of fraudulent WhatsApp groups claiming to be affiliated with Binance. These groups often target unsuspecting users with promises of quick profits, fake investment opportunities, or misleading information. Here are some red flags to look out for: Unsolicited Messages: Be cautious of unsolicited messages inviting you to join a WhatsApp group related to Binance. Official communication from Binance will typically come through verified channels. Promises of Guaranteed Returns: Any group promising guaranteed returns or quick profits is likely a scam. Remember, legitimate investments carry risks, and there are no guarantees in trading or investing. Requests for Personal Information or Funds: Legitimate platforms like Binance will never ask for your sensitive information or funds through unofficial channels like WhatsApp groups. Do not share your login details, passwords, or financial information. If you encounter any suspicious activity or believe you've been targeted by a fraudulent group, please report it immediately to Binance customer support. Additionally, help spread awareness by sharing this message with fellow users. Stay vigilant and protect your assets. Together, we can combat fraudulent activities and create a safer environment for everyone in the crypto community. Thank you for your attention.