Tech Giant Blocks App Release, Demands 30% Cut of Transfer Fees
Vestorportal
by Michael Ayangbola
1y ago
Apple is one of the largest technology companies in the world, and the tech giant recently made a move that has left the crypto community scratching their heads. Apple recently blocked the Coinbase wallet app release, demanding that the developers give them a 30% cut of all NFT transfer gas fees. The new app was set to be released on the Apple Store, but unfortunately, the company blocked the release, in a move that is clearly not motivated by altruism but self-interest. According to the statement issued by Coinbase on twitter:   Simply put, Apple has introduced new policies to protect ..read more
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Phishing Alert! 'Hi ledger user, this is an important notice'
Vestorportal
by Ermin
1y ago
What is a Phishing attack? ? In short, phishing attacks are the practice of sending deceptive communications that appear to be from a legitimate source. It is usually done via email. The aim is to steal sensitive data such as credit card and login information or to install malware on the victim's computer. Example of a phishing attack: The button redirects to a phishing site where you will be asked to enter your 12 passphrase words of your wallet. After that, the attacker is able to move all your assets away from your Ledger Wallet. How to recognize and avoid Phishing Scams? You should che ..read more
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Attackers Hijack Beeple's Discord URL
Vestorportal
by Michael Ayangbola
1y ago
High profile NFT artist, Michael "Beeple" Winkelmann is no stranger to the customary infirmity of phishing scams that plagues social media and messaging platforms of popular NFT artists, having become popular targets for phishing Scammers. ‌‌‌‌ On Oct. 3, the NFT artist issued a warning to users that the URL link to his official Discord server was hijacked; uninformed members would be directed to a fraudulent discord server— a wallet drainer— where their wallets will be compromised. ‌‌‌‌‌‌‌‌‌ it appears our discord URLs were hacked to point to a fraudulent discord. DO NOT go into that discor ..read more
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The Future is Cross-Chain: SWIFT adopts Chainlink's CCIP
Vestorportal
by Michael Ayangbola
1y ago
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), an indispensable pillar of global finance, and Chainlink, a decentralized smart contract oracle network, are partnering on a cross-chain interoperability protocol (CCIP) in an initial proof of concept (PoC), to facilitate the interoperability of SWIFT on all blockchain environments. CCIP will enable 11,000+ global SWIFT member institutions to securely and efficiently integrate with different chains, helping the interbank network conduct on-chain token transfers, however, without the security risk associated with cross-ch ..read more
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Hackers Steal Nearly $1M in Ether from a Crypto Vanity Address
Vestorportal
by Michael Ayangbola
1y ago
The road to decentralized finance (DEFI) for many developers, crypto enthusiasts and retail investors is a slippery slope that can be described as a poignant combination of wild possibilities and tragic history. Nearly two weeks after decentralized exchange (DEX) aggregator, 1inch Network, published a report on the vulnerability in an Ethereum vanity address tool, Profanity, many wallet addresses created via the tool have become fodder for exploiters, as millions of dollars worth of crypto assets have been reportedly stolen. In a security alert tweeted by Blockchain security firm, Peckshield ..read more
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SEC Claims Jurisdiction over Ethereum in Ian Balina's Indictment
Vestorportal
by Michael Ayangbola
1y ago
The U.S. Securities and Exchange Commission (SEC) filed a federal lawsuit Monday against Ian Balina, founder and CEO of Token Metrics, citing his violation of the US securities law, by his involvement with an unregistered Initial coin offering (ICO) for Sparkster token (SPRK) in 2018. The proposed charges centred around the ICO of Cayman islands-based issuer, Sparkster Ltd. The ICO, which was concluded in 2018, raised $30 million from more than 4000 participants in the US and around the world. According to the court filing, the SEC charged Ian Balina with promoting an "unregistered securities ..read more
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The Merge: Ethereum's Grand Dènouement
Vestorportal
by Michael Ayangbola
1y ago
After more than 5 years of herculean testing and preparation, the highly anticipated Merge upgrade successfully retires Ethereum Proof-of-Work (PoW) system where miners compete to validate the next transaction block— and earn rewards for their participation— by solving cryptographic puzzles. Ethereum's coterie of developers, experts, investors, researchers and a menagerie of enthusiasts were on tenterhooks waiting to see if the network would begin successfully proposing and validating new transaction blocks via Proof-of-Stake. The historical transition occurred on Sept.15 at 06:42:42 UTC at b ..read more
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Behavior:Win32/Hive.ZY - likely false positive
Vestorportal
by Ermin
1y ago
You don't need to worry about this as it appears to be a false positive currently residing in the Windows Defender virus database. This false positive is triggered when you have installed Chromium based apps like WhatsApp, Discord, Spotify... etc. Also, launching your browser like Chrome or Edge will trigger this alert. Here is what an Independent Microsoft Advisor said about this issue on the Microsoft Community Forum. "Rest assured, this is a false positive, it is a bug currently being reported by many people at the moment, it seems to be related to all Chromium based web browsers and Elect ..read more
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5 Strategies Employed By Crypto Scammers To Steal Your Cryptocurrency
Vestorportal
by Michael Ayangbola
1y ago
Over the years, Twitter has become the base of operations for the burgeoning crypto community — to connect, squabble and acquiesce — in all matters relating to the rapidly evolving world of cryptocurrency. This platform is popular among Crypto enthusiasts or as they are often called "noobs" who are seeking to take advantage of the soaring prices of this digital coins. An African proverb says, " Those who want rain must also accept the mud." As the cryptocurrency economy boomed and incredible fortunes were being made in so little time, crypto scammers stepped out of the shadows and the siege b ..read more
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Mt Gox creditors to receive 140,000 BTC repayment as the market braces for a potential Bitcoin crash
Vestorportal
by Michael Ayangbola
1y ago
The infamous Tokyo-based bitcoin exchange  Mt. Gox was once regarded as the world's largest Bitcoin exchange in the early days, when Bitcoin was a fledgling industry. It was founded in 2010 by an American entrepreneur named Jed McCaleb. In 2011, Mark Karpelès acquired Mt. Gox exchange from McCaleb. Karpelès being a programmer improved the dynamics of the newly acquired company greatly and an idea that started out as a trading site for the wildly popular Magic: The Gathering game cards evolved to become the world's most popular Bitcoin exchange, handling over 70% of all Bitcoin transactio ..read more
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