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ETH UPDATE 📈
Ethereum was not able to break the descending trend line, which means that the priority changes to the downwards. If we see a breakdown through the level of $227.75, then the target would be $217.5.
@CryptoWorldTina
Ethereum was not able to break the descending trend line, which means that the priority changes to the downwards. If we see a breakdown through the level of $227.75, then the target would be $217.5.
@CryptoWorldTina
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USD 200m Hacker Group Targets American, Japanese Crypto Exchanges
A security firm has warned that a group of hackers named CryptoCore has been raiding crypto exchanges – and may have amassed a USD 70 million crypto pot, leaving a USD 200 million trail of damage in its wake.
Per a report from Clear Sky Security, CryptoCore is thought to comprise individuals based primarily in Eastern Europe, with links to “Russia, Ukraine or Romania” noted. The group, says the security firm, appears to mainly target crypto exchanges, and has attempted to execute the majority of its attacks in Japan and the United States.
The report’s authors said that the hackers may be hanging on to USD 70 million worth of crypto holdings from their raids since they became active in 2018. The cumulative raids total, said the firm, is around UD 200 million.
They explained,
“This group is not extremely technically advanced, yet it seems to be swift, persistent and effective, nevertheless. We assess it to be active at least since May 2018, and it maintained steady activity since then. Its activity has receded in the first half of 2020, one possible reason being the limitations induced by the COVID-19 pandemic, but it didn't stop completely.”
The hacker group uses spear-phishing attacks, says the security firm, and sends employees emails that appear to come from high-ranking exchange staff. The goal is to “gain access to cryptocurrency exchanges’ wallets, be it general corporate wallets or wallets belonging to the exchange’s employees.”
If it succeeds, the group looks to gain access to “the victim’s password manager account.” From here, they can access wallet keys. The group also uses malware as part of its campaign.
The firm says that the hackers are fast to respond to efforts to fight back.
The report’s authors stated,
“The group is generally quick to register and employ new domains and links. … In one case, a new domain was registered. We alerted the client, and within 30-40 minutes their systems identified an attack from that new domain.”
A security firm has warned that a group of hackers named CryptoCore has been raiding crypto exchanges – and may have amassed a USD 70 million crypto pot, leaving a USD 200 million trail of damage in its wake.
Per a report from Clear Sky Security, CryptoCore is thought to comprise individuals based primarily in Eastern Europe, with links to “Russia, Ukraine or Romania” noted. The group, says the security firm, appears to mainly target crypto exchanges, and has attempted to execute the majority of its attacks in Japan and the United States.
The report’s authors said that the hackers may be hanging on to USD 70 million worth of crypto holdings from their raids since they became active in 2018. The cumulative raids total, said the firm, is around UD 200 million.
They explained,
“This group is not extremely technically advanced, yet it seems to be swift, persistent and effective, nevertheless. We assess it to be active at least since May 2018, and it maintained steady activity since then. Its activity has receded in the first half of 2020, one possible reason being the limitations induced by the COVID-19 pandemic, but it didn't stop completely.”
The hacker group uses spear-phishing attacks, says the security firm, and sends employees emails that appear to come from high-ranking exchange staff. The goal is to “gain access to cryptocurrency exchanges’ wallets, be it general corporate wallets or wallets belonging to the exchange’s employees.”
If it succeeds, the group looks to gain access to “the victim’s password manager account.” From here, they can access wallet keys. The group also uses malware as part of its campaign.
The firm says that the hackers are fast to respond to efforts to fight back.
The report’s authors stated,
“The group is generally quick to register and employ new domains and links. … In one case, a new domain was registered. We alerted the client, and within 30-40 minutes their systems identified an attack from that new domain.”
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BTC dominance made a bullish move yesterday and now pulling back. If bounce from 66 support, can continue growing. That may end bullish season for most of alts, at least those with weak fundamentals.
@CryptoWorldTina #BTCdominance #Dominance
@CryptoWorldTina #BTCdominance #Dominance
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Reaching Highs, Buying Crypto, Making Partnerships and 20 Crypto Jokes
This crypto-week, we saw that Bitcoin and Ethereum networks hit a number of all-time highs, they both recovered most of their losses after Black Thursday, and the gap between their fees was narrowed. Anthony Pompliano said he's not a BTC maximalist but that BTC is our one shot to separate money from state. Ripple and SBI are looking to roll out XRP liquidity solution ‘this year’, LibertyX enabled Americans to buy BTC at 7-Eleven, CVS Pharmacy, and Rite Aid, and there were rumours that PayPal is planning to offer buying and selling of cryptocurrencies directly from both PayPal and the PayPal-owned mobile payment app Venmo.
Furthermore, Steve Hanke said that Bitcoin must be tied to a basket of commodities to be a currency, and several economists predicted bitcoin's demise, calling it a ‘fiat’. The Italian Banking Association approved ten criteria for a CBDC, a South Korean government agency will develop software that will trace the movement of cryptocurrencies on the dark web, and Russians are offered a gift card incentive to use blockchain voting platform. Meanwhile, a judge said no to sanctions on Craig Wright and cleared case for a July trial.
This crypto-week, we saw that Bitcoin and Ethereum networks hit a number of all-time highs, they both recovered most of their losses after Black Thursday, and the gap between their fees was narrowed. Anthony Pompliano said he's not a BTC maximalist but that BTC is our one shot to separate money from state. Ripple and SBI are looking to roll out XRP liquidity solution ‘this year’, LibertyX enabled Americans to buy BTC at 7-Eleven, CVS Pharmacy, and Rite Aid, and there were rumours that PayPal is planning to offer buying and selling of cryptocurrencies directly from both PayPal and the PayPal-owned mobile payment app Venmo.
Furthermore, Steve Hanke said that Bitcoin must be tied to a basket of commodities to be a currency, and several economists predicted bitcoin's demise, calling it a ‘fiat’. The Italian Banking Association approved ten criteria for a CBDC, a South Korean government agency will develop software that will trace the movement of cryptocurrencies on the dark web, and Russians are offered a gift card incentive to use blockchain voting platform. Meanwhile, a judge said no to sanctions on Craig Wright and cleared case for a July trial.
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ETH UPDATE 📈
A fast and easy short trade! Printed +52% profit with x10 lev. here, the setup is done. Now we are looking for the next one to follow.
@CryptoWorldTina
A fast and easy short trade! Printed +52% profit with x10 lev. here, the setup is done. Now we are looking for the next one to follow.
@CryptoWorldTina
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14.3% of the circulating #Bitcoin supply (2.6 million $BTC) currently sits on centralized exchange wallets.
The largest holders are Coinbase (954k), Huobi (364k), and Binance (267k).
@CryptoWorldTina
The largest holders are Coinbase (954k), Huobi (364k), and Binance (267k).
@CryptoWorldTina
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KuCoin will launch KuChain Betanet on July 1. According to the blog post KuChain is KuGroup’s public chain project designed to answer the needs of the current decentralized financial sector, which in the future will serve as the Mainnet of KuCoin’s platform token KCS. During July 2020 there will be Bug Bounty program and Proposal Award program for those who would like to test or contribute to the project.
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#XTZ UPDATE
There is a descending trend. It might jump upwards to the 2665 sats resistance in order to form a wave BC or double top. Good point for selling.
@CryptoWorldTina
There is a descending trend. It might jump upwards to the 2665 sats resistance in order to form a wave BC or double top. Good point for selling.
@CryptoWorldTina
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#KNC
KNC re-testing 125-126 resistance. If get above will look good to test 132-136 as well.
@CryptoWorldTina
KNC re-testing 125-126 resistance. If get above will look good to test 132-136 as well.
@CryptoWorldTina
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Major Decentralized Finance protocols exploitations year to date. bZx protocol was attacked twice in February, Maker has lost around $8M in March. Uniswap and DForce were drained of $0.3M and $25M(later returned by the hacker) respectively in April
@CryptoWorldTina
@CryptoWorldTina
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Compound’s COMP Token Takes DeFi by Storm, Now Has to Hold Top Spot
Compound’s COMP token has been wildly successful in the initial period since launching. What’s behind it, and is it sustainable?
@CryptoWorldTina
Compound’s COMP token has been wildly successful in the initial period since launching. What’s behind it, and is it sustainable?
@CryptoWorldTina
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Cointelegraph Hosts Online Meetup to Talk LGBTQ+ and Blockchain
Cointelegraph hosts a discussion on LGBTQ+ and blockchain. Join live at 1 pm EST as LGBTTech and LGBT Foundation co-founders discuss the topic.
Cointelegraph hosts a discussion on LGBTQ+ and blockchain. Join live at 1 pm EST as LGBTTech and LGBT Foundation co-founders discuss the topic.
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Forwarded from Official VIP Group
June 2020 performance: custodial exchange tokens vs non custodial exchange tokens.
@CryptoWorldTina
@CryptoWorldTina
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Chat chart request 📈
ZIL bounced from 0.5 Fib retracement but fail to grow above previous SR at ~203. Might drop back to 175-178.
Remember that coin made 420% progress - retracement is healthy price action after such pump. 0.5 is a good level to finish retracement with bullish mood, but often price continue to fall to 0.382 which is at 150-155 zone.
@CryptoWorldTina #ZIL
ZIL bounced from 0.5 Fib retracement but fail to grow above previous SR at ~203. Might drop back to 175-178.
Remember that coin made 420% progress - retracement is healthy price action after such pump. 0.5 is a good level to finish retracement with bullish mood, but often price continue to fall to 0.382 which is at 150-155 zone.
@CryptoWorldTina #ZIL
