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Just recently, it's reported that Bhutan has partnered with Binance for a massive adoption for their tourism to attract more people come to them and pay with the use of the said service. In the articles written ThePaypers[1] and Reuters[2], it's for their entire nation's bet that will likely help their economy to get up. They're one of the countries that are getting fewer tourists per year, and maybe this one will do. In the said article of Reuters, they're considering hydropower to mine Bitcoin. We're starting to see that these governments can no longer ignore what Bitcoin and the whole crypto market can contribute to the growth of their economy and how it can create opportunities that shall make new jobs too. "Bitcoin has not just given more value to hydropower energy, it has also increased access to liquidity in foreign currency," said Dahal, who added that training Bhutan's young people in blockchain and AI techniques would fuel jobs. [1] Bhutan launches national crypto payments for tourism[2] Bhutan turns to 'green' cryptocurrency to fuel economy |
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This image is just a throwback of satoshi's email to Mike Hearn dated April 23, 2011. This screenshot circulates today on different social media, and so, I've thought of grabbing and sharing it here. I think it's an honor to have such a conversation with satoshi, not just in email, telling that he's moved to other things and Bitcoin is in good hands with Gavin & everyone. Lucky also are those who were early in the forum and had the chance to discuss with him. And he's right that it's in the good hands and many of us have been blessed to know Bitcoin with its price moving up and becoming a valuable asset for most, and this great community, despite that he's already left, could be watching and being proud of their work.  |
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Look at the one day chart of it, the price dropped a lot in the last 24 hours from its recent price of $6.28. So from around top 25 in the market recently it's down to 82. Now, it's ranging $1 to less than that hovering 90% drop in a day and that's a lot of billions wiped from its market. RWA as they say for this project but you can never be sure what the devs are pulling with. So, I am not discouraging to invest into these RWA's but better to be safe if you guys will have a place for BTCitcoin with a bigger portion of your holdings.  |
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Quishing or QR code phishing. While everyone is aware of phishing, most people here and even outside the forum should be aware of it. Be careful what you scan with QR codes, which are so convenient that they direct us straight to the website or the content that it might want us to download that we're not aware of what's in it. So, here's a brief meaning of Quishing. What is quishing?
QR phishing, also known as ‘quishing,’ is a cybercrime that exploits the popularity of QR codes. In this scam, cybercriminals create malicious QR codes that, when scanned, lead to fraudulent websites or prompt downloads of harmful software. As people increasingly use QR codes for various purposes, such as accessing menus or making payments, they may unknowingly scan these deceptive codes, putting their personal information at risk.
This behavior was highlighted during the 2022 Super Bowl when Coinbase’s innovative QR code advertisement led to a significant increase in app downloads. However, it also raised concerns in the cybersecurity community, especially in light of recent Crypto QR scams where scammers used QR codes to manipulate victims into withdrawing money from their accounts.
The term “quishing” combines QR codes and phishing, indicating a method where malicious actors create fake QR codes to direct users to spoofed sites, steal information, or install malware on their devices. The goal is to deceive individuals into believing they are interacting with a harmless or necessary QR code, while the true intent is to access and steal personal and financial information. Basically, it's about the fake content of the QR codes that might be used by the scammers/hackers that can land us into fake websites, fake exchanges, or make us download malware and other dangerous stuff that can steal our crypto. So, please bear in mind to be careful to what you usually scan in the internet or even in stores and products. Are there folks here who are a fan of scanning random QR codes? or even not random QRs. That's why I prefer not to scan most of it if it's related to finances and crypto matters.
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I'm not sure if this should be here in the Beginners and help. But since more newbies are going here than the SA section, I'm posting it here. Otherwise, the mods are free to move it. Be careful of fake Binance desktop app. Recently, I posted this thread on SA about fake passive income that appears on Youtube ads. Now, I've come across this ad on a popular blue social media.  Advertised by a sketchy page named "Profit Pioneers" promising 0% commission/trading fees directing whoever is interested in it to click their link which will redirect to this link; https://binance-desktop.com/en/downloads which is an obvious fake link.  Binance has a desktop app based on its official link: https://www.binance.com/en/downloadAdditional images: Note: Always verify and check the official links and channels before downloading. |
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I've seen these "sponsored" videos on YouTube upon opening my browser and I've noticed that they're all identical and you'll get the idea upon seeing them. I didn't watch the entire videos because it's very obvious that they're trying to trick their audience into making money through chatgpt prompt into codes and running smart contracts and trading bots that everyone can make passive income by just copying pasting the codes for which there could be a stealer. This scam/hack is what probably others have done with the step-by-step process told in these videos and that's why their funds through their metamask or any wallet suggested have been sucked. I'm not encouraging you to watch these scam videos trying to trick viewers as if making money is too easy but you can help by reporting them to YT. To the newbies and everyone, there is no easy money. And what's crazy is that this syndicate is shilling on the comment section as if real transactions were made and they've received back enormous amounts upon following the procedures. Please don't be fooled, don't be deceived. I believe that the channel on this first video with 214k subscribers is likely hacked or bought and the same with the other two. 1. In this first video, many will be deceived because of that cute girl trying to teach their potential victims about deployment and running a mev bot on ethereum (Metamask wallet) YT link: https://www.youtube.com/watch?v=GD_6T-MeRvE Actual screenshot of the video in the first seconds:  Sponsored thumbnail: 
2. On this second video, note that this guy is also the one on the third video but on different YouTube channels. YT link: https://www.youtube.com/watch?v=SwewPRc8lVg Actual video screenshot in first seconds:   Sponsored thumbnail: 
3.YT link: https://www.youtube.com/watch?v=uE_f9HV_EP8 Actual video ss in first seconds:  Sponsored thumbnail:  Note: I have included the link through 'code' so that it won't be clickable but kindly advise if I should remove it. I have reported it as Spam or misleading > Scams or fraud. You can also help to report it so that YT will take it down. |
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Are there Bing X users here? they've been hacked just recently with a whopping loss of $26M. It may not be that much for big exchanges but $26M is $26M. They said that they're going to compensate for any loss from the users affected by this hack. So this hack has happened while Bitcoin breaches $64k again. 𝗟𝗔𝗧𝗘𝗦𝗧: BingX will “fully compensate” for the losses from the hack on its hot wallet.  News: BingX confirms ‘minor’ losses amid panic over hot wallet movements |
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Are there Authy 2FA app users here? I guess some of the users here have used this for their 2FA accounts on exchanges and wallets. Recently, there's a report that they've been breached and numbers have been taken by the hackers. So, as what the developers are warning about. The users who have registered their numbers will have to be careful of phishing and text scam attempts if they've used their mobile numbers to the app. Twilio says someone has obtained phone numbers associated with its two-factor authentication service (2FA), Authy, as reported earlier by TechCrunch. In a security alert on Monday, Twilio warns that the “threat actors” may try to use the stolen phone numbers to carry out phishing attacks and other scams.
[...]Last week, the threat actor ShinyHunters published a list of 33 million phone numbers from Authy accounts on the dark web.[...]
Read more: Twilio alerts Authy two-factor app users that ‘threat actors’ have their phone numbersThat's a lot of numbers and Twilio confirmed that breached.  |
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While scrolling on coinmarketcap, I've seen this post of watcher.guru that Bitcoin has a higher market capitalization compared to the three biggest banks in the world, even combining them all.  X link source: https://x.com/WatcherGuru/status/1799853290538365141Based on: https://companiesmarketcap.com/assets-by-market-cap/Here are their current rankings: Bitcoin currently ranked at #9 JP Morgan Chase ranked at #16 Bank of America ranked at #35 ICBC ranked at #45
I do hope that people will realize the full the potential of Bitcoin. It has surpassed the combined market cap of these known banks globally and if they value their money, it's not too late to invest in Bitcoin. Everyone is also free to check out that link above about to see what are the other notable and top coporations that has surpassed by Bitcoin in terms of its market capitalization. PS: Ethereum ranked at #24 which is higher than the two above. |
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 I tried to find if someone posted this but I haven't seen one. Kabosu, the iconic shiba inu image of Dogecoin has passed away a few days ago. I am sure that all of us are aware of this image for Dogecoin. Now, there are a lot of dog memecoins and one of the popular one is the Shiba Inu altcoin and it is followed by more. Rest in paradise, Kabosu. Today Kabosu, our community's shared friend and inspiration, peacefully passed in the arms of her person. The impact this one dog has made across the world is immeasurable.
She was a being who knew only happiness and limitless love.
Please keep her spirit and her family in your heart, and most importantly carry her with you as your story continues - we are all fortunate for hers to have touched and shaped ours.
A brief history of Kabosu and her owner. In 2014 the public transport authority in Stockholm, Sweden, launched an advertising campaign using the doge meme, with captions such as "such cheap," "many summer" and "wow."
So proud is Sakura of its famous canine mascot that the doge image has been used on manhole covers and a bronze statue of Kabosu was unveiled earlier this year, paid for by donations from fans around the world.
Sato told Japanese newspaper the Ashahi Shimbun in February that Kabosu was a rescue dog that was at one point close to being put down. Kabosu’s exact age is unclear, but Sato said in February she was 18.
“Ever since Kabosu came into my home, a series of miraculous things have happened, enriching my life and gifting me with a treasure trove of priceless moments,” Sato told the paper. I like the last part. Kabosu didn't just became a blessing to her owner but also to the community of Dogecoin and entire crypto community. PS: No debates about memecoins, let's give this one as a tribute for Kabosu. |
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Do you remember this guy when he has shown this "Buy BTCitcoin" sign on live television during a hearing behind Janet Yellen on live TV? It was sold on an auction for 16 BTC or $1M+ A yellow notepad with “Buy Bitcoin” written on it, which was flashed behind then-United States Federal Reserve Chair Janet Yellen during a 2017 congressional hearing, has sold at auction for 16 Bitcoin
BTCUSD — over $1 million.   Special mention to pooya87, IIRC, he's the one wearing this iconic moment as his avatar for a very long time. Thanks, I didn't saw that. Closing this thread now. |
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I just saw this news recently and this is the cause why we see some recovery from where Bitcoin has been this weekend. Alongside this Bitcoin ETF approval, ETH ETF was also approved by the Hong Kong regulators. SHANGHAI (Reuters) -- Hong Kong's securities regulator approved the first spot bitcoin and ethereum exchange traded funds (ETFs) on Monday, a milestone on the way to becoming Asia's first city to accept the popular cryptocurrencies as a mainstream investment tool.
In separate statements, the Hong Kong unit of Bosera Asset Management and China Asset Management said they had received regulatory approval from the Hong Kong Securities and Futures Commission (SFC) to launch the ETFs.
[..] PS: I'm not sure if this is the right place for this thread so since it includes ETH, mods kindly move where it's appropriate. Thanks! |
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I was looking if someone has posted this news already but I'd share it here. The title speaks for itself but I'll just highlight the bullets from the article. - The US government transferred some of its bitcoin stash to Coinbase this week.
- The government owns about $2 billion worth of bitcoin in a wallet seized from the dark web's Silk Road.
- About 2,000 bitcoin were transferred to Coinbase, worth about $130 million.
On Tuesday, the US government transferred $65 worth of bitcoin to a wallet address held at Coinbase, according to Arkham Intelligence. The first transfer was seen as a test to ensure proper connection to the prime account at Coinbase.
From there, the US government followed through with a 2,000 bitcoin transfer worth about $131 million to the same Coinbase wallet. Earlier this year, the US government indicated plans to sell about $13 million worth of bitcoin following approval from the US District Court of Maryland.Source: https://www.businessinsider.in/cryptocurrency/news/the-feds-are-transferring-bitcoin-to-coinbase-from-a-2-billion-crypto-wallet-seized-from-silk-road/articleshow/109043283.cmsLooks like they're preparing for a massive dump and not just that, based on that article the feds are holding more Bitcoin as well from the recovered wallets from hackers and they're about 94,600 Bitcoins. |
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So, this news was a few weeks ago and I haven't seen someone posted it yet. Just a quick background of what Prime Trust is, it's a fintech company that manages assets of its customers, yeah a custodial service. See the reference: Prime Trust is a financial technology company. It provides trust and custody services to cryptocurrency and digital asset businesses. The company was founded in 2016 and is based in Las Vegas, Nevada. In August 2023, Prime Trust filed for bankruptcy. Going on, they've filed for Chapter 11 (bankruptcy) and if we're going to search for some reasons behind that. Mostly, it's all about the mismanagement, liquidity issue and misuse of its customers funds, etc. which is written all over several articles: and many more... Now the part that I've like to share is their negligence of one of the main reason why they fell is because its owners have lost the control to their keys. Yes, you've heard that right, they've lost the seed phrase of their wallet.They've got tons of customers and money on their custody and they just lost it. Maybe a planned exit? or just truly negligence of its owners. This is the reason why we shouldn't keep funds into these centralized/custodial services and exchanges. |
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I am not sure if this was posted already and I know that many will raise their eyebrows on this one. Because we've got a lot of experts here that are technically knowledgeable and adept about the Bitcoin network itself and not just for it but also for other chains. But out of boredom and trying to search for something related to this, I've stumbled upon this certification of being a "Certified Bitcoin Professional" (CBP) by C4(cryptoconsortium) so I think that I have to share this one. As we know that this is still an industry that doesn't have standards for being a professional and most likely it's just all about being a programmer/developer, project manager, trader, investor and etc. Here is this organization that has set an industry standard for everyone. Looking at the people behind this includes Andreas Antonopoulos as one of their board of directors. The rest of the team members, I don't know them. So they have a course just like any other in able to pass and get certified. I don't know the credibility yet of this but searching a bit of its info, it seems that their certification is recognized based on the google results that came out to me. Going with the exam it will cost you $99.99 as per its website and then the certification fee is $39.99. They also have other courses like Certified Ethereum Professional, the rest is on their website. My take on this one is that if you've got a lot of spare money and you want to get into this, it's just all about satisfaction and getting the certificate unless you want to apply for jobs related to Bitcoin and related to blockchain technology. Anyway, it's still best to have the knowledge when you're applying even without the certification as that's going to be more honored by a company you are applying for. But if you're for the knowledge, the forum is more than enough for what you can learn from there and it's for free and that's why we're all grateful that we're part of this great community. Probably most of those people that are behind these orgs have been here as well. There is also another organization that has this certification aside from C4 and that's blockchain council's - Certified Bitcoin Expert. And they've got more courses aside from this specific certification while for them, their certification is lifetime and for the C4, you have to renew it. PS: I am not related to them and just thought of sharing this and thanks for reading everyone.  |
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I saw this fake Ledger Pre-IPO on Facebook. We're all aware that Ledger don't have this but for the sake of those that might end up seeing this type of ad from a fake claimant and page. The name of the page is Mmprotrust and they've got 10 followers only and there's no engagement yet on that page but I guess that there will be a few people that might be victimized by this fraud, still hopeful that it will be zero.  Everyone please remember that Ledger official is warning people to take note of these scam and phishing websites. They've always reminded to be careful of such. I've checked Ledger's official website and there's no such as pre IPO by them. The link that was attached on that ad and it was just to send them a message and no website. I can't see the ad on their page but this has appeared on my wall as sponsored ad and took a quick screenshot. And please, don't join any fishy white listing. I'm doing my action of reporting this. Please also be mindful about Ledger's campaign against these fraudsters. #StopTheScammers
ONGOING PHISHING CAMPAIGNS |
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This is a sad story of how someone panicked due to the news about SVB a couple of days ago. A twitter account named BowTiedPickle.Eth posted a tweet about this guy that had made a mistake. Every detail is on the link that I'll provide at the bottom together with the quotes from the links. With USDC insolvency fears rampant, users are fleeing to safety in other stables. Not all of them are going to make it there in one piece, however.
Here's how one unlucky user paid $2,080,468.85 to receive $0.05 of USDT. 
On-chain investigations revealed that the user had stored the assets in a liquidity pool (LP) — a popular method to earn passive income in cryptocurrencies. The user could have sold his LP tokens for USDT for a 6% slippage. However, they chose to go for a “questionable " method. As explained by BowTiedPickle:
“The unfortunate soul used the KyberSwap aggregation router to dump a large clip of 3CRV (DAI/USDC/USDT) LP token into USDT.” Sources: https://cointelegraph.com/news/usdc-investor-shells-out-2m-to-receive-0-05-usdt-trying-to-evade-crashhttps://twitter.com/BowTiedPickle/status/1634415551450587138 |
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I am not sure if this was already posted but it will give especially the newbies some idea on how bitcoin grown in over time, and how it looked like before. So, based on the image below it was the last prizes for the participants of Starcraft tournament from fifth to eight place got 25 bitcoins each.  The tournament held in 2011 where the price of bitcoin was still low where it's like from $0.3 to $3. For context: Tournament's Last-Place Bitcoin Prize Could've Made Starcraft Losers Millionaires. I wonder if any of those players that have won bitcoin kept a few or if there's a source where they've given statements on how they've kept or spent it after wards. If you'll ask me, even I, I might sell those if I saw it went up to $50 or $100 earlier in those years. I'll be just giving the estimates for the last ATH and in today's time but we can conclude that most of them were sold already too early. 25 bitcoins * $69,000 = $1,725,000 25 bitcoins * $24,500 = $612,500 Right now, we usually see prizes coming from crypto casinos and I rarely see it become a prize to any tournament whether it's an actual physical sports or e-sports.
Link to another the same and interesting story of getting paid bitcoin earlier(2013): A painter received $50 worth of bitcoin on June 2013. |
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I guess that many will not like it but Australia launches their stable coin backed by Australian Dollars. There goes the CBDC from other countries like China and this seems is going to be the source of the money that shall flow for the next bull run and this trend might continue for next years. The National Australia Bank (NAB), one of the four biggest Australian banks, has created a stablecoin called AUDN, which it aims to launch in the middle of 2023, according to the Australian Financial Review (AFR) report.
The purpose of AUDN would be to allow its customers to settle transactions on blockchain technology in real time using Australian dollars, NAB said. AUDN could also be used for several other purposes including "carbon credit trading, overseas money transfers and repurchase agreements," NAB’s Chief Innovation officer Howard Silby told AFR.
The stablecoin will launch on the Ethereum and Algorand blockchains, the latter a smart contract platform similar to Ethereum.
[..] For the full article, please read the source: National Australia Bank Becomes Second Australian Bank to Build Stablecoin: Report |
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