Cuc Goodknight FkD3
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$DOGE
Dogecoin in danger? After Monero, Qubic targets DOGE
Qubic is launching an attack. Last week, the Monero network was the target of a 51% attack by the Qubic project. Although the attack was described as economic by Qubic, it remains an attack nonetheless. Now, Qubic seems to have set its sights on a new network: Dogecoin.
After temporarily taking control of 51% of the Monero network's hashrate, Qubic has directed its attention towards the Dogecoin network, voted as the next target of its 51% attack.
Following this announcement, Qubic's founder, Sergey Ivancheglo, questioned the community about the next blockchain to attack.
Thus, he proposed three blockchains namely Dogecoin, Kaspa, and Zcash. Obviously, these three blockchains were selected because they are compatible with ASICs.
It is the Dogecoin network that won the vote, with over 300 votes.
Qubic: the Trojan horse of AI?
As a reminder, Qubic is a project aimed at developing a decentralized AI. To do this, the project has developed an ASIC that can be used to mine Monero.
According to the project, the goal of these 51% attacks is to secure PoW blockchains. Indeed, Qubic believes that ASICs are too specialized and cannot be used for anything other than mining a single cryptocurrency.
The ASIC developed by Qubic is a versatile ASIC that can be used to mine multiple cryptocurrencies. As a result, it would be more resilient to attacks.
In practice, Qubic aims to replace the current Monero miners with its own ASICs. This would, according to them, secure the network.
However, this vision is not shared by all. Indeed, some see it as an attempt by Qubic to take control of the network.
In any case, Qubic has now set its sights on Dogecoin. It remains to be seen whether the project will succeed in taking control of the network's hashrate.
Source: Journal du coin
Dogecoin in danger? After Monero, Qubic targets DOGE
Qubic is launching an attack. Last week, the Monero network was the target of a 51% attack by the Qubic project. Although the attack was described as economic by Qubic, it remains an attack nonetheless. Now, Qubic seems to have set its sights on a new network: Dogecoin.
After temporarily taking control of 51% of the Monero network's hashrate, Qubic has directed its attention towards the Dogecoin network, voted as the next target of its 51% attack.
Following this announcement, Qubic's founder, Sergey Ivancheglo, questioned the community about the next blockchain to attack.
Thus, he proposed three blockchains namely Dogecoin, Kaspa, and Zcash. Obviously, these three blockchains were selected because they are compatible with ASICs.
It is the Dogecoin network that won the vote, with over 300 votes.
Qubic: the Trojan horse of AI?
As a reminder, Qubic is a project aimed at developing a decentralized AI. To do this, the project has developed an ASIC that can be used to mine Monero.
According to the project, the goal of these 51% attacks is to secure PoW blockchains. Indeed, Qubic believes that ASICs are too specialized and cannot be used for anything other than mining a single cryptocurrency.
The ASIC developed by Qubic is a versatile ASIC that can be used to mine multiple cryptocurrencies. As a result, it would be more resilient to attacks.
In practice, Qubic aims to replace the current Monero miners with its own ASICs. This would, according to them, secure the network.
However, this vision is not shared by all. Indeed, some see it as an attempt by Qubic to take control of the network.
In any case, Qubic has now set its sights on Dogecoin. It remains to be seen whether the project will succeed in taking control of the network's hashrate.
Source: Journal du coin
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$BTC
The position of the United States on Bitcoin reserves: what does this mean for the crypto market?
According to crypto analysts, the United States' Bitcoin acquisition strategy was one of the main drivers of optimism. Indeed, the government had previously announced that it would bolster its digital reserves with confiscated assets.
However, this strategy now seems to be abandoned. This could leave investors wondering whether financial institutions will continue to view Bitcoin as a safe haven against inflation.
The decline in strategic Bitcoin reserves could also indicate a slowdown in institutional adoption of cryptocurrency. Especially as more and more people seek financial alternatives.
Certainly, the drop in Bitcoin may seem like a temporary setback. That said, this situation highlights the importance of government policy on the future of crypto. Investors will need to closely monitor future developments around Bitcoin reserves to assess their impact on long-term prices.
Maximize your Cointribune experience with our 'Read to Earn' program! For every article you read, earn points and gain access to exclusive rewards. Sign up now and start accumulating benefits.
The position of the United States on Bitcoin reserves: what does this mean for the crypto market?
According to crypto analysts, the United States' Bitcoin acquisition strategy was one of the main drivers of optimism. Indeed, the government had previously announced that it would bolster its digital reserves with confiscated assets.
However, this strategy now seems to be abandoned. This could leave investors wondering whether financial institutions will continue to view Bitcoin as a safe haven against inflation.
The decline in strategic Bitcoin reserves could also indicate a slowdown in institutional adoption of cryptocurrency. Especially as more and more people seek financial alternatives.
Certainly, the drop in Bitcoin may seem like a temporary setback. That said, this situation highlights the importance of government policy on the future of crypto. Investors will need to closely monitor future developments around Bitcoin reserves to assess their impact on long-term prices.
Maximize your Cointribune experience with our 'Read to Earn' program! For every article you read, earn points and gain access to exclusive rewards. Sign up now and start accumulating benefits.
$BTC
JUST IN: 🇯🇵 Metaplanet buys another 775 Bitcoin worth $90 million.
They now hold 18,888 $BTC worth $2.2 billion.
JUST IN: 🇯🇵 Metaplanet buys another 775 Bitcoin worth $90 million.
They now hold 18,888 $BTC worth $2.2 billion.
$USDC
🚨 🚨 🚨 🚨 🚨 🚨 169,164,935 #USDC (169,063,436 USD) transferred from unknown wallet to #Binance
https://whale-alert.io/transaction/solana/4U9PkWR4SLJhWwYVZrdmB99Yb5k9Mi8uuEvxnWKoTtg6TwMxN7qFpoNLXkPgVkXkovoog6nVtF5mQojaXWGT73W1
🚨 🚨 🚨 🚨 🚨 🚨 169,164,935 #USDC (169,063,436 USD) transferred from unknown wallet to #Binance
https://whale-alert.io/transaction/solana/4U9PkWR4SLJhWwYVZrdmB99Yb5k9Mi8uuEvxnWKoTtg6TwMxN7qFpoNLXkPgVkXkovoog6nVtF5mQojaXWGT73W1
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$BTC
Robert Kiyosaki sees Bitcoin dropping to $90,000 and talks about a "golden opportunity" to buy
Robert Kiyosaki, the author of "Rich Dad Poor Dad," believes that Bitcoin could drop to $90,000 this month, and he calls it a gift to be able to buy more at a lower price. Kiyosaki sees this potential drop as a golden opportunity to expand his holdings, describing Bitcoin as a "purely brilliant asset design" and the easiest way he has ever used to make millions.
In short
Robert Kiyosaki expects that the "August curse of Bitcoin" could push BTC to $90,000, a drop he considers a buying opportunity to double his holdings.
He warns against traditional assets like bonds, advocating instead for gold, silver, Bitcoin, oil, and cattle to weather economic slowdowns.
Kiyosaki claims that Bitcoin has earned him the easiest millions of his life and welcomes policy changes allowing BTC in retirement accounts.
The "August curse of Bitcoin"
In a series of posts this week, Kiyosaki addressed the so-called August curse of Bitcoin, a phenomenon where BTC has historically underperformed in August due to factors like low summer trading volumes and profit-taking.
Will the "August curse of Bitcoin" drop the price of Bitcoin below 90K? I hope so.
Instead of seeing the drop as a setback, he said it would be his signal to "double my position today," adding:
The problem is not Bitcoin. The real problem is our multi-trillion dollar debt and the incompetent PhDs running "the SWAMP," the Fed, and our Treasury. The August curse of Bitcoin will make most Bitcoin investors richer.
Robert Kiyosaki sees Bitcoin dropping to $90,000 and talks about a "golden opportunity" to buy
Robert Kiyosaki, the author of "Rich Dad Poor Dad," believes that Bitcoin could drop to $90,000 this month, and he calls it a gift to be able to buy more at a lower price. Kiyosaki sees this potential drop as a golden opportunity to expand his holdings, describing Bitcoin as a "purely brilliant asset design" and the easiest way he has ever used to make millions.
In short
Robert Kiyosaki expects that the "August curse of Bitcoin" could push BTC to $90,000, a drop he considers a buying opportunity to double his holdings.
He warns against traditional assets like bonds, advocating instead for gold, silver, Bitcoin, oil, and cattle to weather economic slowdowns.
Kiyosaki claims that Bitcoin has earned him the easiest millions of his life and welcomes policy changes allowing BTC in retirement accounts.
The "August curse of Bitcoin"
In a series of posts this week, Kiyosaki addressed the so-called August curse of Bitcoin, a phenomenon where BTC has historically underperformed in August due to factors like low summer trading volumes and profit-taking.
Will the "August curse of Bitcoin" drop the price of Bitcoin below 90K? I hope so.
Instead of seeing the drop as a setback, he said it would be his signal to "double my position today," adding:
The problem is not Bitcoin. The real problem is our multi-trillion dollar debt and the incompetent PhDs running "the SWAMP," the Fed, and our Treasury. The August curse of Bitcoin will make most Bitcoin investors richer.
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🚨🚨🚨 Cybersecurity: Google victim of a hack by hackers claiming to be from the famous cybercriminal group ShinyHunters
Last June, the tech giant Google was the victim of a hack, with a group of cybercriminals seizing some of the company's customer data.
This is a cyberattack against a tech giant. Google revealed on August 5 that it had been hacked in June. A group of hackers managed to seize data from some of its customers. Although "the data recovered by the cybercriminals was limited to basic business information and mostly already publicly accessible," as the multinational stated on its official blog, it clearly shows that even the largest companies can fall victim to cybersecurity breaches. According to Google, the hackers claim to be from a well-known group named ShinyHunters, known for attacks against major brands like LVMH, Allianz Life, Pixlr, and Adidas.
Scams in the form of "vishing"
The attacks described by Google experts, and which the tech giant itself fell victim to, are carried out using a technique called "vishing" like "voice" and phishing. The hacker makes a phone call to an employee, during which they often impersonate a member of the company's IT support team. They guide their victim to download a fraudulent software that closely resembles one of the applications they use in their work. According to Google Threat Intelligence, it is often a copy of Salesforce's Data Loader, which is used to import information from Salesforce. Once the spyware is installed on the victim's computer, the hackers can quietly access the database and steal the company's customer information.
Last June, the tech giant Google was the victim of a hack, with a group of cybercriminals seizing some of the company's customer data.
This is a cyberattack against a tech giant. Google revealed on August 5 that it had been hacked in June. A group of hackers managed to seize data from some of its customers. Although "the data recovered by the cybercriminals was limited to basic business information and mostly already publicly accessible," as the multinational stated on its official blog, it clearly shows that even the largest companies can fall victim to cybersecurity breaches. According to Google, the hackers claim to be from a well-known group named ShinyHunters, known for attacks against major brands like LVMH, Allianz Life, Pixlr, and Adidas.
Scams in the form of "vishing"
The attacks described by Google experts, and which the tech giant itself fell victim to, are carried out using a technique called "vishing" like "voice" and phishing. The hacker makes a phone call to an employee, during which they often impersonate a member of the company's IT support team. They guide their victim to download a fraudulent software that closely resembles one of the applications they use in their work. According to Google Threat Intelligence, it is often a copy of Salesforce's Data Loader, which is used to import information from Salesforce. Once the spyware is installed on the victim's computer, the hackers can quietly access the database and steal the company's customer information.
$ETH
🚨 🚨 🚨 14,232 #ETH (62,865,380 USD) transferred from #FalconX to unknown wallet
https://whale-alert.io/transaction/ethereum/0x9a114b308ca46c1a16825a2cb6d4530f5ba506623858d03dfc9172604e7d1e07
🚨 🚨 🚨 14,232 #ETH (62,865,380 USD) transferred from #FalconX to unknown wallet
https://whale-alert.io/transaction/ethereum/0x9a114b308ca46c1a16825a2cb6d4530f5ba506623858d03dfc9172604e7d1e07
JUST IN: 🇺🇸 SEC Chair Paul Atkins says all divisions are mobilizing to make America the crypto capital of the world.
$ETH
🚨 🚨 🚨 14,086 #ETH (62,023,100 USD) transferred from unknown wallet to #Cumberland
https://whale-alert.io/transaction/ethereum/0x90a4a4c7801ceaae8e4d40f8bce4865c4ddd15f94726e70980e4687bfdc38197
🚨 🚨 🚨 14,086 #ETH (62,023,100 USD) transferred from unknown wallet to #Cumberland
https://whale-alert.io/transaction/ethereum/0x90a4a4c7801ceaae8e4d40f8bce4865c4ddd15f94726e70980e4687bfdc38197
$ETH
🚨 🚨 🚨 13,993 #ETH (61,634,190 USD) transferred from #Cumberland to Coinbase Institutional
https://whale-alert.io/transaction/ethereum/0xe23c773bf7ba785748d695cdb878591a117f277de34329497aa143dd0197b99d
🚨 🚨 🚨 13,993 #ETH (61,634,190 USD) transferred from #Cumberland to Coinbase Institutional
https://whale-alert.io/transaction/ethereum/0xe23c773bf7ba785748d695cdb878591a117f277de34329497aa143dd0197b99d
$USDC
💵 💵 💵 💵 90,000,000 #USDC (89,969,580 USD) minted at USDC Treasury
https://whale-alert.io/transaction/ethereum/0xa6264a405109d0e8e58936d9cea58322278b49fa779e5870a840753b7898f6dc
💵 💵 💵 💵 90,000,000 #USDC (89,969,580 USD) minted at USDC Treasury
https://whale-alert.io/transaction/ethereum/0xa6264a405109d0e8e58936d9cea58322278b49fa779e5870a840753b7898f6dc
$ETH
🚨 🚨 🚨 🚨 🚨 🚨 🚨 34,999 #ETH (154,927,255 USD) transferred from unknown wallet to Coinbase Institutional
https://whale-alert.io/transaction/ethereum/0x8074cc97934279e56fc02fd7c97064a8b194c1c8433e92191b8dd04b18f8f269
🚨 🚨 🚨 🚨 🚨 🚨 🚨 34,999 #ETH (154,927,255 USD) transferred from unknown wallet to Coinbase Institutional
https://whale-alert.io/transaction/ethereum/0x8074cc97934279e56fc02fd7c97064a8b194c1c8433e92191b8dd04b18f8f269
$ETH
🚨 🚨 🚨 🚨 🚨 22,800 #ETH (100,977,188 USD) transferred from Coinbase Institutional to unknown wallet
https://whale-alert.io/transaction/ethereum/0x9df7f4276d5ca33b06d8d8f50266b71b888c90e9c5f4187a6019a489bbc21ac8
🚨 🚨 🚨 🚨 🚨 22,800 #ETH (100,977,188 USD) transferred from Coinbase Institutional to unknown wallet
https://whale-alert.io/transaction/ethereum/0x9df7f4276d5ca33b06d8d8f50266b71b888c90e9c5f4187a6019a489bbc21ac8
$BTC
🚨 🚨 🚨 🚨 🚨 999 #BTC (117,598,975 USD) transferred from unknown wallet to unknown new wallet
https://whale-alert.io/transaction/bitcoin/0af4785505a4e800f35c08e08a6830b9b0aa6d8d52a9644ca62fbac14d120d12
🚨 🚨 🚨 🚨 🚨 999 #BTC (117,598,975 USD) transferred from unknown wallet to unknown new wallet
https://whale-alert.io/transaction/bitcoin/0af4785505a4e800f35c08e08a6830b9b0aa6d8d52a9644ca62fbac14d120d12
$BTC
JUST IN: Bitcoin surpasses Google to become the 5th largest asset in the world by market cap.
JUST IN: Bitcoin surpasses Google to become the 5th largest asset in the world by market cap.
$BTC
🚨 🚨 🚨 420 #BTC (51,861,589 USD) transferred from unknown wallet to Coinbase Institutional
https://whale-alert.io/transaction/bitcoin/75d4bcd8f71c8a1117688918c813e01ad729a9aace61ef4a2ed0ca467c5d741a
🚨 🚨 🚨 420 #BTC (51,861,589 USD) transferred from unknown wallet to Coinbase Institutional
https://whale-alert.io/transaction/bitcoin/75d4bcd8f71c8a1117688918c813e01ad729a9aace61ef4a2ed0ca467c5d741a
$SOL
🚨 🚨 🚨 🚨 🚨 🚨 715,254 #SOL (145,077,130 USD) transferred from unknown wallet to unknown wallet
https://whale-alert.io/transaction/solana/ZSjHMES2dr1XTZUASJv2qUeAqCemHs39ukSJSbnJYkYx9Yq4g2Ry2qdvY5Dbdj7KHb8CswnpgsmGsEdqvLapcon
🚨 🚨 🚨 🚨 🚨 🚨 715,254 #SOL (145,077,130 USD) transferred from unknown wallet to unknown wallet
https://whale-alert.io/transaction/solana/ZSjHMES2dr1XTZUASJv2qUeAqCemHs39ukSJSbnJYkYx9Yq4g2Ry2qdvY5Dbdj7KHb8CswnpgsmGsEdqvLapcon
$SOL
🚨 🚨 🚨 🚨 🚨 710,254 #SOL (144,291,623 USD) transferred from unknown wallet to unknown new wallet
https://whale-alert.io/transaction/solana/58EbxXxahZMHGRyJpXZjQS8GGVPXBntb1EoukTNVCAA9DwLJ4ckKyrg4myGTL1UbQNYa83wLN9DPUyqHrUjZELX1
🚨 🚨 🚨 🚨 🚨 710,254 #SOL (144,291,623 USD) transferred from unknown wallet to unknown new wallet
https://whale-alert.io/transaction/solana/58EbxXxahZMHGRyJpXZjQS8GGVPXBntb1EoukTNVCAA9DwLJ4ckKyrg4myGTL1UbQNYa83wLN9DPUyqHrUjZELX1
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