π User Loses $162,000 in Uniswap Permit2 Phishing Scam
#Uniswap #Permit2 #Phishing #Scam #CryptoLoss #ScamAlert
According to Foresight News, a user has lost $162,000 in a phishing scam involving Uniswap's Permit2. Scam Sniffer, a monitoring service, reported that the user signed a phishing signature 34 days ago, initially suffering minor losses. However, the user did not realize it was a phishing attempt and failed to revoke the signature. As a result, 30 minutes ago, assets worth $162,000 were transferred out of the user's wallet.#Uniswap #Permit2 #Phishing #Scam #CryptoLoss #ScamAlert
π Japanese Authorities Arrest 18 Scammers Using Monero Transactions
#JapaneseAuthorities #Monero #Cryptocurrency #Scammers #MoneyLaundering #CyberCrime #LawEnforcement #YutaKobayashi #NationalPoliceAgency #PrivacyFocused
According to Cointelegraph, Japanese authorities have made a significant breakthrough by arresting a gang of 18 scammers through the analysis of Monero (XMR) transactions. This marks the first time in the country's history that law enforcement has utilized Monero transactions to identify and apprehend criminals.
The authorities scrutinized approximately 900 Monero-based money laundering transactions linked to the gang, which resulted in damages amounting to around 100 million yen ($670,000). The criminal group, including their suspected leader Yuta Kobayashi, has been charged with money laundering through the privacy-focused cryptocurrency Monero and computer fraud.
The investigation into the gang began in August, following the establishment of the National Police Agencyβs Cyber Special Investigation Unit in April. This unit was created to address the rising cybercrime issues in Japan. The arrest of the 18 scammers is a notable achievement for the newly formed unit.
This is an ongoing story, and additional details will be provided as they become available.#JapaneseAuthorities #Monero #Cryptocurrency #Scammers #MoneyLaundering #CyberCrime #LawEnforcement #YutaKobayashi #NationalPoliceAgency #PrivacyFocused
π WLFI Token Sale Limited To Accredited US Investors
#WLFI #TokenSale #AccreditedInvestors #USInvestors #Cryptocurrency #InvestorConcerns
According to Odaily, Jehan Chu, co-founder and managing partner of Kenetic Capital, highlighted that the WLFI token sale is restricted to accredited investors in the United States. This limitation excludes everyday retail investors from participating. Additionally, concerns regarding the credibility of two of WLFI's five co-founders, Chase Herro and Zak Folkman, may potentially diminish investor interest.#WLFI #TokenSale #AccreditedInvestors #USInvestors #Cryptocurrency #InvestorConcerns
π Hong Kong To Announce AI Policy For Financial Markets
#HongKong #AIPolicy #FinancialMarkets #DigitalAssets #Blockchain #Tokenization #VirtualAssets #FinancialServices
According to Odaily, Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, announced on October 21, 2024, during the Standard Chartered Enterprise Achievement Awards, that the Financial Services and the Treasury Bureau (FSTB) will soon release a policy statement on the application of artificial intelligence in financial markets. Hui emphasized that the bureau will also enhance regulations for virtual asset trading, develop a blockchain-based digital asset currency ecosystem, and promote the tokenization of real-world assets and digital currency ecosystems.#HongKong #AIPolicy #FinancialMarkets #DigitalAssets #Blockchain #Tokenization #VirtualAssets #FinancialServices
π Sui Blockchain Team Establishes Incubator Center In Dubai
#SuiBlockchain #Dubai #IncubatorCenter #BlockchainDevelopers #Entrepreneurs #MystenLabs #SolutionEngineering #GhafGroup
According to Odaily, the Sui blockchain team has established an incubator center in Dubai aimed at supporting blockchain developers and entrepreneurs. Kostas Chalkias, co-founder and chief cryptographer of Mysten Labs, stated that they are building solution engineering in Dubai with the vision of bringing a large team of solution engineers to the city. The center is collaborating with the regional blockchain company Ghaf Group.#SuiBlockchain #Dubai #IncubatorCenter #BlockchainDevelopers #Entrepreneurs #MystenLabs #SolutionEngineering #GhafGroup
π Metaversity Secures Funding From Open Campus Accelerator
#Metaversity #OpenCampusAccelerator #Web3 #AI #education #funding #YGGPilipinas #10xMe
According to Odaily, YGG Pilipinas' Web3 education platform, Metaversity, has announced that it has received funding from the Open Campus Accelerator. Metaversity plans to use this funding to establish a free short-term course library covering fundamental knowledge about Web3 and AI, and to expand its services.
Metaversity's founder, Bianca Cruz, previously founded the AI education platform 10xMe, which was acquired by YGG Pilipinas earlier this year.#Metaversity #OpenCampusAccelerator #Web3 #AI #education #funding #YGGPilipinas #10xMe
π Hong Kong's Potential for Growth in Cryptocurrency and Blockchain
#HongKong #Cryptocurrency #Blockchain #SustainableDevelopment #BauhiniaNetwork #IndustryGrowth
According to Odaily, the Hong Kong Sustainable Development Research Center has highlighted in an article on Bauhinia Network that Hong Kong possesses greater potential for development in the fields of cryptocurrency and blockchain compared to mainland China. The center suggests that the Hong Kong government could establish protective frameworks to allow the industry to flourish independently.#HongKong #Cryptocurrency #Blockchain #SustainableDevelopment #BauhiniaNetwork #IndustryGrowth
π Beeple Releases Apechain Artwork, ApeCoin Responds Humorously
#Beeple #Apechain #ApeCoin #cryptocurrency #digitalart #APE
According to Odaily, renowned crypto artist Beeple recently unveiled a new artwork titled 'APECHAIN' on the X platform. The piece quickly garnered attention within the crypto community. In a light-hearted response, ApeCoin commented on the artwork, stating that it 'looks boring.' This exchange highlights the playful interactions often seen in the digital art and cryptocurrency spaces.#Beeple #Apechain #ApeCoin #cryptocurrency #digitalart #APE
π ETFStore President Comments On Polymarket Manipulation Allegations
#ETFStore #NateGeraci #Polymarket #MarketManipulation #Cryptocurrency #PredictionMarkets #Transparency
According to Odaily, ETFStore President Nate Geraci addressed allegations of market manipulation against Polymarket on the X platform. Geraci expressed understanding of the skepticism towards cryptocurrencies and platforms like Polymarket. He noted that in the past, prediction markets were opaque, with no visibility into who was buying or selling, leading to the belief that 'the market is always right.' Now, with the transparency of prediction markets allowing public visibility of buyers and sellers, there are accusations of market manipulation.#ETFStore #NateGeraci #Polymarket #MarketManipulation #Cryptocurrency #PredictionMarkets #Transparency
π CUDIS Integrates World App For Biometric Data Verification
#CUDIS #WorldApp #BiometricData #Crypto #SmartRing #HealthTracking #Blockchain #DataVerification
According to Odaily, blockchain-based crypto AI smart ring startup CUDIS has announced the integration of World App to verify biometric data. CUDIS sells a smart ring that can track users' health data, such as heart rate and sleep schedules. With the integration of World App, users will be able to verify and protect their biometric data.#CUDIS #WorldApp #BiometricData #Crypto #SmartRing #HealthTracking #Blockchain #DataVerification
π Active Staking Rewards Launched By Jupiter
#ActiveStakingRewards #Jupiter #JUP #CLOUD #crypto #staking #blockchain
According to Odaily, Jupiter has announced on the X platform that Active Staking Rewards are now live. A total of 50 million JUP and 7.5 million CLOUD will be distributed to active voters. Upon claiming, JUP will be added to users' stakes, while CLOUD will be added to users' wallets.#ActiveStakingRewards #Jupiter #JUP #CLOUD #crypto #staking #blockchain
π Binance Completes Conversion of Selected Token Balances to USDC
#Binance #USDC #tokenconversion #cryptocurrency #liquidity #trading #stablecoin #userexperience
Binance has successfully completed the conversion of various token balances to USDC as part of its ongoing efforts to streamline user assets and enhance liquidity. The conversions were executed between April 21, 2024, 00:00 UTC and October 15, 2024, 23:59 UTC.Tokens Converted to USDC:MDA: 0.0135 USDCHNT: 3.7222 USDCMITH: 0.000227 USDCYFII: 323.95 USDCMIR: 0.03 USDCVRT: 0.00004 USDCTCT: 0.00028 USDCREP: 1.0023 USDCEZ: 0.0103 USDCSWRV: 0.00779 USDCBOBA: 0.3 USDCSRM: 0.0378 USDCRDN: 0.0045 USDCCBK: 0.50655 USDCONX: 0.00992 USDCThe conversion allows Binance users to better manage their portfolios by consolidating smaller token balances into USDC, a widely used stablecoin for easier trading and liquidity.Binance remains committed to providing its users with an efficient and secure trading experience. For more details, users can refer to the official Binance announcement.Please note: Availability of products and services may vary depending on your region.#Binance #USDC #tokenconversion #cryptocurrency #liquidity #trading #stablecoin #userexperience
π OOKC Group Invests Millions in Port3 Network to Expand Middle East and Europe Presence
#OOKCGroup #Port3Network #Investment #MiddleEast #Europe #Web3 #AI #DataPlatform #SoQuest #MarketExpansion #Dubai
According to Foresight News, OOKC Group has announced a strategic investment of several million dollars in Port3 Network. This investment aims to assist Port3 Network in establishing an office in the Middle East and expanding its market presence in both the Middle East and Europe. Port3 Network is an AI-focused Web3 data platform, with its SoQuest service already boasting six million Web3 users and a substantial database.
Headquartered in Dubai, OOKC Group is a comprehensive investment institution in the Middle East and North Africa, offering both investment and advisory services. Leveraging its localized resources, OOKC Group will support Port3 Network in connecting with local resources and deepening its market penetration in the Middle East and Europe.#OOKCGroup #Port3Network #Investment #MiddleEast #Europe #Web3 #AI #DataPlatform #SoQuest #MarketExpansion #Dubai
π BlackRock's Bitcoin Spot ETF Sees Exceptional Performance
#BlackRock #Bitcoin #SpotETF #IBIT #ETFs #Finance #Investing #Cryptocurrency #Performance #AssetsUnderManagement #BTC
According to BlockBeats, on October 21, Bloomberg Senior ETF Analyst Eric Balchunas shared on social media that BlackRock's Bitcoin Spot ETF, IBIT, exhibited outstanding performance last week. The fund saw an influx of $1.1 billion, marking its best weekly performance since March. This achievement places IBIT third on the annual inflow leaderboard, surpassing VTI. This is particularly remarkable for a newly launched product, especially considering that the other top five products have been in existence for over 20 years and each manages assets exceeding $300 billion. IBIT's assets under management now total $26 billion, ranking it among the top 2% of all ETFs.#BlackRock #Bitcoin #SpotETF #IBIT #ETFs #Finance #Investing #Cryptocurrency #Performance #AssetsUnderManagement #BTC
π USDC Treasury Destroys 50 Million USDC On Ethereum Blockchain
#USDC #Treasury #Ethereum #WhaleAlert #Blockchain #ETH
According to Odaily, Whale Alert has reported that the USDC Treasury destroyed 50 million USDC on the Ethereum blockchain today at 20:11 UTC+8.#USDC #Treasury #Ethereum #WhaleAlert #Blockchain #ETH
π ExSat Mainnet Launch Set For October 23 With Fair Token Distribution
#ExSat #MainnetLaunch #TokenDistribution #GovernanceToken #XSAT #BTCMining #Tokenomics #HalvingMechanism #NodeManagement #CommunityContribution
According to BlockBeats, the large-scale BTC infrastructure project exSat is scheduled to launch its mainnet on October 23. The exSat project team has adopted a fair launch token issuance method. Alongside the mainnet launch, the governance token XSAT will be released in sync with BTC mining, with no pre-mining or team reserves.
The official whitepaper states that a total of 21 million tokens will be released, with each BTC block producing 50 XSAT tokens. Additionally, exSat's tokenomics incorporate a halving mechanism, reducing the token output by half every 210,000 blocks.
The exSat Foundation will receive node-donated tokens through a Donation method, which will be recorded in a smart contract, introducing a new node management model. Internal sources reveal that the Donation ratio can be set by nodes between 10% and 30%, directly reflecting on the mainnet's community contribution value.#ExSat #MainnetLaunch #TokenDistribution #GovernanceToken #XSAT #BTCMining #Tokenomics #HalvingMechanism #NodeManagement #CommunityContribution
π Ethereum(ETH) Drops Below 2,700 USDT with a Narrowed 1.74% Increase in 24 Hours
#Ethereum #ETH #USDT #cryptocurrency #Binance #marketdata #24hourstrend
On Oct 21, 2024, 12:38 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,700 USDT and is now trading at 2,698.76001 USDT, with a narrowed narrowed 1.74% increase in 24 hours.#Ethereum #ETH #USDT #cryptocurrency #Binance #marketdata #24hourstrend
π Ethereum Meme Project Daram Community Charity Fund Completes First Event
#Ethereum #MemeProject #Daram #Charity #Philanthropy #Web3 #Autism #Community
According to Odaily, the Ethereum-based Meme project Daram Community Charity Fund has successfully completed its first charitable event. The foundation stated, 'This marks the first step in Daram community's support for charitable causes, and we call for more philanthropists to join us.'
Daram is a Meme project that operates through a free and fair minting process. Approximately 42,000 addresses participated, consuming around 200 ETH in gas fees. The project was initiated by the father of a girl with autism, with the aim of raising awareness about autism within the Web3 community.#Ethereum #MemeProject #Daram #Charity #Philanthropy #Web3 #Autism #Community
π Ethereum Meme Coin Daram Highlights Autism Awareness
#Ethereum #MemeCoin #Daram #AutismAwareness #WEB3 #Charity #Philanthropy #FairMint #Cryptocurrency #PriceVolatility #ETH
According to BlockBeats, on October 21, the deployment of the Ethereum mainnet meme coin Daram was carried out by the father of a girl with autism. This fair mint project aims to raise awareness within the WEB3 community about autism.
The Daram Foundation stated, 'This is the first step in the Daram community's support for charitable causes, and we call on more philanthropists to join.' The fair mint method has gained popularity in the meme market for its fairness, leading to its adoption across various public chains. Currently, Daram's market value stands at $18.1 million.
BlockBeats reminds users that meme coins currently lack practical use cases and are subject to significant price volatility. Investors should exercise caution.#Ethereum #MemeCoin #Daram #AutismAwareness #WEB3 #Charity #Philanthropy #FairMint #Cryptocurrency #PriceVolatility #ETH
π Litecoin Founder Optimistic About ETF Approval
#Litecoin #ETF #CharlieLee #CanaryCapital #Grayscale #institutionaldemand #cryptocurrency #LTC #BTC
According to Odaily, Fox Business journalist Eleanor Terrett reported on the X platform that Litecoin founder Charlie Lee has expressed his enthusiasm regarding Canary Capital's application for a Litecoin ETF. Lee stated, 'I am pleased to see Canary Capital applying for a Litecoin ETF. We have indeed observed significant institutional demand for Litecoin. This is evident from the daily growth of the Grayscale Litecoin Trust, whose price is more than double its net asset value. Given that Litecoin is a commodity very similar to Bitcoin, I hope to see the Litecoin ETF approved soon.'#Litecoin #ETF #CharlieLee #CanaryCapital #Grayscale #institutionaldemand #cryptocurrency #LTC #BTC
π Fed's Logan Expects Gradual Rate Cuts If Economy Meets Expectations
#Fed #interestRates #economy #gradualCuts #Logan
According to BlockBeats, on October 21, Federal Reserve official Logan stated that if the economy performs as expected, a gradual reduction in interest rates is anticipated.#Fed #interestRates #economy #gradualCuts #Logan