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$5 wrench attacks appear to be on the rise in the crypto community

Normally, the only way to access one’s crypto funds is through their private key, which, thanks to advances in cryptography, would take nothing less than an advanced futuristic quantum computer to decipher. That said, mafias and gangs have managed to think outside the box. Instead of wasting their efforts on breaking the underlying cryptography, they’ve turned their attention to targeting crypto owners, themselves. A $5 wrench attack is when someone finds out you have a lot of crypto and physically attacks or threatens you for your private keys. On Wednesday, at least eight men, including a police officer, were arrested in the city of Pimpri-Chinchwad, India, for allegedly kidnapping a crypto trader and demanding ransom. The arrested officer, Constable Dilip Tukaram Khandare, r...

Baby Doges Burn 4.8 Quadrillion Token Worth $20 Million in February

Facebook WhatsApp Reddit Twitter Shares The fastest growing cryptocurrency token, Baby Doges is set to burn token worth $20 million. The news of the burning was revealed in tweet on the twitter handle of the tokens. According to the tweet: 5 hours until burn 4.8 quadrillion to be burned! BSC scan estimates it to be worth up to $20 MILLION NaijaBlog.ng .u2d29765de14ee0ddbdc15847dd678ae7 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-de...

Can Ethereum price reach $4K after a triple-support bounce?

Ethereum’s native token Ether (ETH) looks ready to continue its ongoing rebound move toward $4,000, according to a technical setup shared by independent market analyst Wolf. Classic bullish reversal pattern in the works?  The pseudonymous chart analyst discussed the role of at least three support levels in pushing the ETH price up by nearly 30% from its local bottom of $2,160. These price floors included a 21-month exponential moving average, the 0.786 Fib level of a Fibonacci retracement graph drawn from $1,716-swing low to $4,772-swing high, and the lower boundary of an ascending triangle pattern. ETH/USD daily price chart featuring the three-supports. Source: TradingView Wolf noted that the triple-support scenario could push Ether price to $3,330. In doing so, ...

Baby Doges Passed 1.35Million Holders

Facebook WhatsApp Reddit Twitter Shares One of the fastest growing cryptocurrency token, Baby Doges has passed 1.35 millions holders. The Tokens holders passed 1.35 millions on the 29th of January 2023. Sharing the good news on the official Twitter of the tokens, it said that the have also gain 885 thausand followers on Twitter. .u8e85599269c8d2605ee5b00d58136795 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u8e85...

Blockchain enthusiast allegedly losses $500k by sending WETH to contract address

In a now-deleted deleted profile, an anonymous Reddit user allegedly lost close to $500 thousand on Sunday after sending wrapped Ether (WETH) directly into a WETH wrapping smart contract. WETH came into existence as a way for Ether (ETH) to conform to the ERC-20 token standard so that it can be traded directly with altcoins minted on the Ethereum blockchain. To wrap Ether, users first send ETH to the WETH smart contract address and receive an equivalent token in return. However, to unwrap WETH, users must either swap for ETH on a decentralized exchange like Uniswap (UNI) or call the withdrawal function in the WETH smart contract. Instead, the anonymous Reddit user sent the WETH directly back into the WETH smart contract address in the hopes of receiving ETH back. Unfortunately for the user...

Wakanda Inu Listed on X Plus

Facebook WhatsApp Reddit Twitter Shares For Traders who is using X.Plus to buy and sell crypto, they can now buy and sell Wakanda Inu. Wakanda Inu Tokens was launch on the platform today 31st of January 2022. According to the announcement by the platform, 9:00 is the time to commence trading. .u5c3ec438b015f525612d20b012429cfc { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u5c3ec438b015f525612d20b012429cfc:active, ...

Eagle Network Tokens, EAN And EGON Listed for Buy/Sell

Facebook WhatsApp Reddit Twitter Shares The long awaiting EAN and EGON Tokens has been listed for exchange with other coins. EAN and EGON was Listed on the 29th of January 2022, at about 6PM. The tokens which was listed on Binance Blockchain, can be bought with exchange with Binance Smart Chain. .u5f66697c4fcee992395e790cb17603ee { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u5f66697c4fcee992395e790cb17603ee:activ...

Users flock to Curve amid lack of stablecoin liquidity on major DEXs

In a Tweet posted by user @cryptotutor Friday, a screenshot appears to show a 27% spread between stablecoin Magic Internet Money (MIM) and USD Coin (USDC) trading pair on decentralized exchange, or DEX, Uniswap (UNI). Both have a theoretical peg of 1:1 against the U.S. Dollar. “Magic Internet Money,” joked cryptotutor, as he attempted to swap approximately $1 million in MIM but received a quote for only 728.6k USDC. Others quickly took to social media to complain as well. In another screenshot, user @DeFiDownsin allegedly received a quote to swap $984k worth of MIM for just 4,173 in USDT on SushiSwap (SUSHI). Swapping $1M in $MIM gives $730K in $USDC on Uniswap ‘Magic Internet Money’ pic.twitter.com/CKowe6dwJR — Tutor (@cryptotutor) January 27, 2022 Curve, a popular...

Investors or Cryptocurrency Traders? Know Where you Be belong

Facebook WhatsApp Reddit Twitter Shares Hello eagles community As we’re approaching the launch of eagles network/products TOMORROW: I would like to lecture you on this keynotes. A Crypto-trader is he who buy a coin at any price and sell within a short time at any price (weither gain or lost). An investor is one who buys a coin after researching and hold for at least six months. in crypto-world, about 86% belong to investor-category but they don’t know they are. That’s why they follow traders and hence they loose from day to day, month to month and year to year. Know where you belong in crypto-world. Don’t trade because you see candles red or green or fuds or buying and selling pressure ( it doesn’t concern you because you’re an investor). Most of you are...

Reminder: Eagle Network set to Launch Buy/Sells EAN and EGON Coins Today

Facebook WhatsApp Reddit Twitter Shares After two times promise and failed, new cryptocurrency mobile mining application teams, eagle Network has set Today 29th of January 2022 to list it native Token EAN, and EGON for buy and sales. In an updates made available on the the mining app, the team behind the project said the tokens will be listed at about 6:00pM today. .ua7603b9e12682394aca897d6e9536c4f { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, ...

CertiK’s identification of Crypto Cars as ‘rug pull’ was a false alarm

In a period of market downturns, rumors of crypto bans and decentralized finance, or DeFi scams, blockchain enthusiasts can be sensitive to the smallest abnormalities within projects they follow and sometimes erroneously fear for the worse. The day prior, CertiK, a leading cybersecurity ranking platform in the blockchain space, issued a warning via Twitter regarding CryptoCars, alleging that it was a “rug pull.” However, the staff quickly deleted the post as it was a false alarm. Via a series of Twitter screenshots obtained by Cointelegraph, CertiK first claimed that the website and Telegram for CrytoCars were down. However, users quickly pointed out that both the CryptoCars website and Telegram apps were still functional, resulting in CertiK rescinding the community alert. Acc...

Daniele Sestagalli discusses Wonderland’s future after QuadrigaCX co-founder dox

On Friday, Daniele Sestagalli, co-founder of decentralized finance, or DeFi, protocol Wonderland and stablecoin protocol Abracadabra, issued a statement on the path forward after the doxing of his colleague Michael Patryn: “Do we wind down or continue to fight for the aspect of an investment DAO [decentralized autonomous organization] being a revolutionary new organization? For the option that I am for, which is to fight and bring someone new and experienced to manage the treasury.” The day prior, an investor uncovered the identity of Wonderland’s chief financial officer to be Patryn, who was the former co-founder of defunct Canadian cryptocurrency exchange QuadrigaCX. Over $145 million worth of QuadrigaCX customers’ funds are still missing after the mysterious death of its co-...