Crypto M - Crypto News
2.08K subscribers
15.9K photos
194 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
🚀 Chainflip Addresses Bybit CEO's Request Amid Security Concerns

According to Odaily, cross-chain bridge Chainflip has responded to a request from Bybit CEO Ben Zhou regarding the freezing of funds. Chainflip stated that while they are making every effort to address the current situation, as a decentralized protocol, they are unable to completely stop, freeze, or redirect any funds. However, they have closed some front-end services to prevent the movement of funds. Previously, Ben Zhou had posted on the X platform, indicating that hackers were attempting to transfer BTC through Chainflip and requested Chainflip's assistance in preventing further asset transfers to other chains.

#Chainflip #Bybit #BenZhou #SecurityConcerns #DecentralizedProtocol #CrossChainBridge #BTC #Hackers #AssetProtection
🚀 Users Warned Against Malicious App Leading To Wallet Thefts

According to Foresight News, cybersecurity firm SlowMist has reported that several users have experienced theft of their wallet assets after installing the application BOM. The malicious actors behind BOM exploit the app to steal private keys and mnemonic phrases, enabling them to transfer and conceal the stolen assets.

Foresight News advises users to avoid downloading unknown applications to prevent potential asset loss.


#maliciousapp #wallettheft #cybersecurity #ForesightNews #SlowMist #assetprotection #privacy #cryptowallet
🚀 Top Trader Eugene Ng Ah Sio Shifts To Telegram For Updates

According to BlockBeats, on March 3, top trader Eugene Ng Ah Sio announced a shift in his communication platform from X to Telegram. A link to a Telegram group was shared on his X account, indicating that he will no longer post updates on X.

BlockBeats advises users to remain cautious, as there is a possibility that Eugene's X account may have been compromised. It is currently unclear whether the posts on X or Telegram are genuinely from the account owner. Users are urged to stay vigilant and protect their assets.


#EugeneNgAhSio #Telegram #Xaccount #BlockBeats #trading #cryptocurrency #security #assetprotection
🚀 Trader Highlights Bear Market Trends And Key Price Levels

According to Odaily, trader Eugene shared insights on his personal channel, stating that recent market movements clearly indicate a bear market downturn, followed by a strong rejection. Looking ahead, Eugene believes that the overall market trend remains negative, suggesting that long positions should only be considered for optimal setups. The next critical focus is expected to be at the $75,000 level. He advises maintaining low risk and returning to an asset protection mode.

#BearMarket #MarketTrends #PriceLevels #TraderInsights #MarketDownturn #LongPositions #AssetProtection #RiskManagement
👍1
🚀 Phishing Websites Exploit Bing Ads In Crypto Searches

According to Foresight News, MistTrack has identified several phishing websites appearing in cryptocurrency project searches through Bing advertisements. Users are advised to exercise caution to protect their assets. Foresight News warns against connecting to these phishing sites to prevent potential asset loss.

#Phishing #BingAds #Crypto #Cryptocurrency #AssetProtection #ForesightNews
🚀 Security Alert Issued Over Phishing Scams Targeting Cryptocurrency Users

According to BlockBeats, SlowMist has issued a security alert regarding a recent phishing scam targeting cryptocurrency users. Several individuals have reported receiving text messages disguised as communications from well-known trading platforms. These messages contain a withdrawal verification code and urge recipients to call a specified number if they did not initiate the transaction.

Upon calling the number, users are informed of a supposed 'security vulnerability' and are transferred to individuals claiming to be 'hardware wallet support.' These scammers then direct users to visit phishing websites and enter their mnemonic phrases, resulting in the theft of assets from their cold wallets. Users are advised to remain vigilant and take precautions to protect their assets.


#SecurityAlert #PhishingScams #Cryptocurrency #SlowMist #TradingPlatforms #WithdrawalVerification #ColdWallets #AssetProtection
🚀 Google Search Results Feature Fraudulent HyperLend Ads

According to Foresight News, Scam Sniffer has detected that fraudulent HyperLend advertisements are currently topping Google search results. Users are advised to exercise caution and avoid interacting with these ads to prevent potential asset loss.

#GoogleSearch #FraudulentAds #HyperLend #ScamAlert #AssetProtection
🚀 GoPlus Alerts on Bankroll Network Contract Vulnerability

According to BlockBeats, GoPlus has issued a warning on social media about an ongoing attack targeting an outdated contract on the decentralized finance platform, Bankroll Network. The vulnerability allows attackers to withdraw funds from user addresses that have previously approved the contract. Users are advised to promptly revoke the authorization of the compromised contract to protect their assets.

#GoPlus #BankrollNetwork #DeFi #Vulnerability #CryptoSecurity #SmartContract #AssetProtection
🚀 Bitcoin Treasury Firms May Use Multi-Signature for Asset Protection

According to Foresight News, Riot Platforms Vice President Pierre Rochard suggested that Bitcoin treasury companies might employ multi-signature methods in various non-cooperative legal jurisdictions to maximize resistance against asset seizure.

#Bitcoin #Treasury #MultiSignature #AssetProtection #RiotPlatforms #LegalJurisdictions #AssetSeizure #BTC
🚀 Crypto Investors Seek Treasury Firms for Asset Protection, Says 1confirmation Founder

According to BlockBeats, Nick Tomaino, founder of the crypto venture capital firm 1confirmation, expressed that every cryptocurrency holder is currently seeking treasury firms to safeguard their assets. Tomaino highlighted that the model of treasury firms is effective only when the market widely believes in the cryptocurrency's function as a store of value. He emphasized that no one wants fraudulent insiders to profit, which marks a significant difference between tokens that can neutrally serve as a store of value and so-called 'company coins.'

#Crypto #Investors #TreasuryFirms #AssetProtection #1confirmation #NickTomaino #Cryptocurrency #StoreOfValue #FraudulentInsiders #CompanyCoins
🚀 WLFI Addresses Concerns Over Recent Wallet Blacklisting

According to PANews, WLFI has responded to community concerns regarding the recent blacklisting of wallets, emphasizing that normal activities will not be suppressed. In recent days, 272 wallets have been blacklisted, representing a small fraction of total holders. This action aims to prevent user losses, with investigations underway to assist affected users.

The breakdown of the 272 wallets is as follows: 215 cases, approximately 79.0%, are related to phishing attacks. The team has intervened to prevent hackers from stealing funds and is collaborating with legitimate owners to protect or transfer assets. Fifty cases, about 18.4%, involve owners reporting violations, prompting the team to blacklist these addresses at their request to help protect or recover funds. Five cases, roughly 1.8%, are marked as high-risk exposure, with security risks under review. One case, around 0.4%, involves alleged misappropriation of other holders' funds, with a comprehensive internal review in progress.

WLFI assures that normal trading activities will not be banned and will act immediately upon receiving alerts of malicious or high-risk activities that may harm community members. Future measures include continued collaboration with legitimate owners to verify control and ensure fund security. Upon review completion, clear results for each category will be published. Any broader actions affecting holders will be publicly announced.


#WLFI #WalletBlacklisting #Phishing #Security #CryptoSecurity #AssetProtection #Holders #MaliciousActivity #Investigation #CommunitySafety
🚀 0G Labs Account Temporarily Altered by Attackers

According to Foresight News, attackers briefly changed the account name of 0G Labs to "$FOG." The team has since restored the original name.

Foresight News advises against purchasing tokens issued by the attackers to prevent potential asset loss.


#0GLabs #Attackers #AccountAlteration #FOG #ForesightNews #TokenSafety #AssetProtection
🚀 Hong Kong Establishes Virtual Asset Intelligence Task Force to Combat Cybercrime

According to PANews, the Hong Kong Police Force's Cyber Security and Technology Crime Bureau hosted the Web3 Intelligence and Law Enforcement Summit today, where they officially launched the Virtual Asset Intelligence Task Force (VAIT).

The VAIT, led by the Hong Kong Police Force, comprises law enforcement agencies, financial regulators, and licensed virtual asset service providers. Its goal is to enhance the detection and prevention of crimes related to virtual assets and cybersecurity threats through intelligence sharing and collaboration.

Police Commissioner Chow Yat-ming reported that in the first eight months of this year, there were 1,463 cases related to virtual assets, including 15 hacking incidents targeting Web3 institutions, resulting in losses of approximately HKD 1.29 billion. The establishment of VAIT aims to promote compliance and security within the virtual asset ecosystem through a public-private partnership model, thereby strengthening market integrity and asset protection.

Previously, the Hong Kong Security Bureau had also formed a virtual asset intelligence task force to collaborate with relevant platforms in establishing a payment suspension mechanism.


#HongKong #VAIT #VirtualAssetIntelligence #Web3 #CyberSecurity #TechnologyCrime #Cybercrime #LawEnforcement #PublicPrivatePartnership #AssetProtection #MarketIntegrity #VirtualAssets #Hacking #PaymentSuspension #HongKongPolice #SecurityBureau #LicensedVirtualAssetServiceProviders #IntelligenceSharing
🚀 DeFi Projects Face Threat from Balancer Vulnerability

According to PANews, the GoPlus Chinese community has issued a warning that all Fork Balancer DeFi projects are affected by a vulnerability in Balancer, with several protocols already targeted by attacks. It is advised to check the list of Balancer fork protocols on the Defillama website, cease interactions with them, and promptly withdraw assets for protection.

Previously, it was reported that the attack on Balancer resulted in losses amounting to $116.6 million.


#DeFi #Balancer #Vulnerability #ForkBalancer #CryptoSecurity #Defillama #CryptoAttacks #AssetProtection #CryptoLosses
🚀 AMINA Hong Kong Secures SFC License for Crypto Services

According to Foresight News, AMINA (Hong Kong) Limited has upgraded its license to a Type 1 license from the Hong Kong Securities and Futures Commission (SFC). This upgrade allows the company to operate as an international banking group providing cryptocurrency trading and custody services to professional investors in Hong Kong.

The services are now available to professional investors in Hong Kong, offering 24/7 cryptocurrency spot trading and asset protection services. AMINA Hong Kong currently facilitates trading in 13 cryptocurrencies, including Bitcoin, Ethereum, and major stablecoins. The company supports cryptocurrency deposits and withdrawals through a framework that complies with SFC regulatory standards.


#AMINA #HongKong #SFC #CryptoServices #CryptocurrencyTrading #CryptoCustody #ProfessionalInvestors #Bitcoin #Ethereum #Stablecoins #AssetProtection #RegulatoryCompliance #SpotTrading #CryptoDeposits #CryptoWithdrawals #BTC #ETH