Latest posts of: asawale

This really got me. I was just wondering what could I have done wrong until I visited the page.

Revoke cash just put up a warning post not interact with ANY dApps until further notice of safe. It is said to appears that a commonly used web3 connector has been compromised which allows for injection of malicious code affecting numerous dApps. Including revoke.cash. Please stay safe and not get scammed of your hard earned funds

VITALIK "X" account (formerly twitter) was hacked resulting into victims losing up to $700K worths of assets to the scammer (hacker).
The account mighty probably be hacked through SIM swap. This is why you should avoid SIM card SMS based authentication to access your account. Switch to hardware based authentication to secure your account and protect yourself and your social media followers who trust everything that comes from you at all time.

SIM swap attack is a process through which a 3rd party gets an authorized access to your phone number, giving them access to your calls and messages on the SIM card.
SIM swap attack is an old scam trick current reigning again as a means of stealing from cryptocurrency investors' or traders' exchange account of those using their phone number as the authenticator to sign into their accounts.
It is reported that over $13M worth of cryptocurrency assets have been stolen from about 50 people just in 2023.

The scammers swap or steal your phone number from you to gain access to your cryptocurrency account and steal your fund.

How to protect yourself from such an attack includes
1. Keeping your funds in an uncompromised personal, non-custodial or hard wallet.
2. Use an app based 2FA authenticator like Auth, google authenticator, aegis and so on
3. Enable a SIM card PIN protecting your SIM card from getting accessed without your consent.

Stay safe.

BASERIUM as a cryptocurrency project started its journey using the same strategy adopted by catly. All that is required is to register with an email address and password you're eligible to their free token. They request their participants to submit their binance account BSC wallet to heighten their hopes of legitimacy of the fake project and hopes of it getting listed on Binance exchange.

All these are the perfect plans which they saw has been played out by catly which also reportedly ended up being fraud.

After the rumour of catly being scam, BASERIUM changed it's plan and now adopting a listing on UNISWAP which is launched one hour ago. Do not interact with the token address to avoid exposing your wallet to risk or to avoid being rug pulled on.

A scan of its contract address on dedotfi shows that interacting with the contract is of high risk and any wallet can be blacklisted from trading the toking it is holding.

As it appears now, it seems the XRP is coasting to victory in the suite. We have seen a report rumoured that the court was suggesting the US Security and Exchange Commission settles with Ripple and XRP out of court. Another thing suggesting XRP will win is that all the major exchanges like Coinbase that delisted XRP are now relisting it. It is a sign of big win for Ripple XRP.

Once you concentrate on conducting transactions on Ethereum network at some points, the gas fees keeps getting higher and higher. It is better to look for tokens investments either on layer 2 Ethereum or any other Blockchain which offers low gas fees.

The ways to grow your Bitcoin are through trading, staking and also lending through DeFi platforms that offer borrowing and lending services. Anything aside those stated are above will be a means of losing your Bitcoin, even if it is gambling.

Quote from: Yogee on July 17, 2023, 03:22:31 PM

Quote from: Games.Bitcoin on July 17, 2023, 03:04:50 PM

[....]I have seen MEXC exchange add many meme tokens daily. How to identify a good token from here?

MEXC isn't that reputable of an exchange so I personally wouldn't trust their judgement in adding these new meme coins or tokens. They are probably just interested with the trading fees or listing fees if there's any so they couldn't care less if it turns out to be a scam.

How are you going to filter good from the rest? You can't really tell at the early stages. Most of these tokens will likely pump in the upcoming bitcoin halving but that doesn't necessarily mean they're good. I'd rather wait if they will still be active after the hype phase.

MEXC is actually a reputable centralized exchange in today's cryptocurrency world. It is currently sitting in the top 23 among several hundreds of exchanges on coin market cap and has a weekly visits of over 1,414,000 visit. MEXC also has a daily trading volume of over $423,329,546.94 with total assets of $1,257,077,106.44. A non-reputable exchange can't boast of all that. All these facts I stated above are on COIN MARKET CAP.

Trending name is always used in the launch of new memecoins just to attract newbie investors who mostly believe the projects relate to the popular one whose name is adopted or name coined into others. An example of that IA PEPE WALLET, a new non custodial crypto wallet adopting the theme of the popular PEPE token being traded on binance.
Many people got engaged in the PEPE WALLET project and now, the wallet launching its own native token called PWALLET.

The reasons for having negative trust from a user in this forum is mostly through dubious and suspicious acts of a person trying to take cheap advantage of others through a cunny way in the forum.
When you check the trust score of a someone with negative trust in the forum, the reasons for negative trust are given under comment with the proof that person shouldn't be trusted is provided under reference.

Signature campaign is not limited to promotion of casino, it also has to do about having one's posts carrying the links showing the identity of either a company or a cryptocurrency project (new or old). This identity carried along in one's posts might include the company's or project's website and links to the social media communities. The aim is to advertise and attract more user, customers or investors towards a particular project or company.

As much as these points are correct, but it is not necessary for people to first learn about the cyber security before having the knowledge about how to prevent their wallets or online crypto accounts from being hacked or compromised by scammers..
If one can take caution of not clicking just any link or communicate with dapp or smart contracts in which malicious attacks have been planted, one will be free of wallet or crypto accounts hacks.

Adopting an airdrop method to scam airdrop hunters is one of the oldest methods which is still in use by various scammers. They allow you claim their tokens with malicious contract address in airdrops which gives them access to steal your funds when you interact with their contract.
Another of such airdrop is the ongoing AI Tokens airdrop. They have distributed their token through telegram bots to participants but the token locked. They currently have close to 1M holders who probably got the token through airdrop.
The suspicion about them starts few weeks ago when they asked their holders to verify their addresses by interacting with a dapp which is suspected to be a means of phishing their target wallets and steal from them.
Crypto communities most especially newbies have to be careful about such airdrop in other not to fall a cheap victim to scam.

Bitcoin is beyond kidney as far as cryptocurrency is concerned. Bitcoin is the soul of cryptocurrency. That's why all the other coins or tokens follow the Bitcoin price thread.

The US SEC has given us chance to get rich with Binance BNB again. The price dip as a result of the suite again the against will be a blessing to those who can take the risk. And I believe Binance is winning the case.
Two things will make BNB the best performing coin in the coming Bull market. 1. It will naturally follow the bull trend as one of the major Altcoins owned by a big wig and big determinant of the crypto market. 2. Winning against the SEC will make BNB outperform others if the judgement is given before or during the bull market.

Tron has been existing as far back as 2017 when it first launched on Ethereum network before it migrated to its mainnet. But it's total supply is too huge to have a growth recorded by chain that launched after it with limited low supply like Solana. Polygon MATIc with a total Supply of 10 Billion coins and huge utilities even finds it difficult to go above $3 let alone less used chain like TRON network with too huge supply.

It will be great to accumulate newly launched chain coins like core, SUI and many more in anticipation for the coming bull market. Blockchain tokens like HECO, SOL, even LUNA did so well before the bull market came to an end.