Connect with us

Cryptocurrency

Poly Network Hack, More Than $600 Million Stolen in PolyNetwork, Biggest Crypto Hack Ever

Poly Network Hack. The hacker stole $273 million of Ethereum tokens, $253 million in tokens on Binance Smart Chain and $85 million in USDC from Poly Network. Poly Network Coin. Poly Network Login

Published

on

Poly Network Hack

Poly Network Hack

The hacker stole $273 million of Ethereum tokens, $253 million in tokens on Binance Smart Chain and $85 million in USDC from Poly Network⚠

Impressive. It is the biggest Defi hack to date

What is Poly Network

Poly Network is built to implement interoperability between multiple chains in order to build the next generation internet infrastructure. Authorized homogeneous and heterogeneous public blockchains can connect to Poly Network through an open, transparent admission mechanism and communicate with other blockchains.

O3labs O3 Swap Hack Alert

O3labs O3 Swap hack alert on Poly Network Hack

​​? HACK ALERT: the largest DeFi attack ever?

One of the largest cross-chain protocols, O3, has a problem, involving more than 150 million US dollars.

The Chinese community believes it may be the largest DeFi attack in history?

Poly Network Hack

Poly Network Fell victim today to hackers stolen over $600 million worth of crypto assets. Poly Network Team revealed on twitter

Important Notice:
We are sorry to announce that #PolyNetwork was attacked on @BinanceChain @ethereum and @0xPolygon Assets had been transferred to hacker’s following addresses:
ETH: 0xC8a65Fadf0e0dDAf421F28FEAb69Bf6E2E589963
BSC: 0x0D6e286A7cfD25E0c01fEe9756765D8033B32C71

According to the report the hacker stole $273 million of Ethereum tokens, $253 million in tokens on Binance Smart Chain and $85 million Poly Network

Poly Network Hack Alert on Twitter

This is the largest cryptocurrency hack so far. The previous record was held by exchange Coincheck which lost about $530 million to hackers in January 2018.

Poly Network Hack

Like, share, and comment if you agree with the above statement.

Are you a trader trying to figure out which broker to use i got you covered START TRADING

View  our Crypto content. CRYPTO

READ THIS POST  Top 10 Biggest Scams in the World

Kingsley Francis is the founder and Partner at Fxkinfin Financial Advocates, owners of fxkinfin.com. He is a financial writer with extensive experience in print as well as online media.

Cryptocurrency

​ETH miners will become poor

​ETH miners. Ethereum Merge has been delayed a couple of times now. Finally, we’re supposed to see it in August this year. At least Tim Beiko, Ethereum developer coordinator, says Eth Miner. Ethereum.

Published

on

ETH Miners

Ethereum Merge has been delayed a couple of times now. Finally, we’re supposed to see it in August this year. At least Tim Beiko, Ethereum developer coordinator, says that the probability of another delay THIS TIME is between 1%-10%. The last hope of ETH miners to stay afloat is slowly fading away.

The Merge, a big upgrade to the network that will introduce a proof-of-stake consensus mechanism instead of proof-of-work that requires mining, can reduce Ethereum’s energy consumption by about 99%.

For miners, this is devastating, since a lot of them have spent about $15 billion on graphics processing units (GPUs) alone, not to mention additional costs, such as electricity bills, etc.

If the legendary Merge happens, ETH miners will be left with no choice but to choose a new cryptocurrency for mining. Monero, Ravencoin and Ethereum Classic are the most popular choice so far

​ETH miners

​ETH miners

Fxkinfin

READ THIS POST  Exploring CBDC with project Hamilton in 2022, What to Expert
Continue Reading

Cryptocurrency

How to Import a Watch Address on Trust Wallet, Exclusive Update

Watch Address Trust Wallet, How to Import a Watch Address in Trust Wallet. This can be a great way to keep an eye on your funds in any wallet, but especially a cold wallet while still keeping the private keys off the internet.

Published

on

Watch Address Trust Wallet

What is a Watch Address?

A Watch Address is basically the receiving address or wallet address. Importing any supported Cryptocurrency address will allow you to view the tokens and collectibles, as well as transactions associated with the said address. When importing your address, you cannot do any transactions with the wallet.

This can be a great way to keep an eye on your funds in any wallet, but especially a cold wallet while still keeping the private keys off the internet.

Watch Address Image

Watch Address Trust Wallet

What Watch Address Can Do?

  • You can view that address’ transaction history
  • You can view the volume and price of tokens associated with that address
  • You can send tokens to that address

What Watch Address Cannot Do?

  • You cannot send funds from that address to exchange (like Binance
  • You cannot send funds from that address to another wallet
  • You cannot sign smart contracts
  • You cannot use the DApp browser

Importing a Watch Address on Trust Wallet

What is Trust Wallet?

Trust Wallet is an easy-to-use, actual multi-chain noncustodial wallet, which allows you to store and manage over 6 million crypto assets 528 including NFTs across 68+ blockchains—no more storing your assets 528 across multiple custody wallets or exchanges! You’ll have peace of mind knowing all your assets are in one safe place.

Your private keys are stored on your device and your assets 528 on-chain meaning you are in full control at all times. Trust Wallet gives you the ability to natively buy, swap, and stake 98 your favorite crypto without having to leave the app and also connect to dApps with the in-built DApp 165 browser.

Trust Wallet is used by over 50 million people worldwide!

Don’t have Trust Wallet yet? Download here: Trust Wallet App

Importing Wallet Address in Trust Wallet

We will now proceed to the process of importing a wallet address for viewing purposes. In this scenario, we will choose to Import an Ethereum wallet.

How to Access Wallet Import Screen

  1. Open Trust Wallet and then tap on Settings.
  2. In the Settings screen, you will find here Wallets.
  3. Tap on the “+” sign on the upper right to access the Import Screen. Tap on Ethereum. We are choosing Ethereum here, but of course, you can import any wallet within the supported chains seen on the import screen.
Watch Address Trust Wallet

Type the Wallet Address on the Address tab of the Import Ethereum screen. Alternatively, you can scan the QR code(if you have one). Put a Name so that you can easily recognize the wallet. Once you are done typing, just tap on Import.

Don’t have Trust Wallet yet? Download here: Trust Wallet App

READ THIS POST  Why the cryptocurrency market will last long
Continue Reading

Cryptocurrency

BNB Chain Network Upgrade, Trust Wallet and Binance will Support the Upcoming Upgrade on BNB Chain Epic

BNB Chain network. BNB Chain network upgrade allows for more computing power on BNB Beacon Chain for security and governance. BNB smart chain. BNB

Published

on

BNB Chain network upgrade

BNB Chain network

This upgrade allows for more computing power on BNB Beacon Chain for security and governance. With this upgrade, DEX features are removed from BNB Beacon Chain, with the DEX features remaining on BNB Smart Chain.

BNB Chain network Upgrade

For Trust Wallet User

Trust Wallet will support the upcoming BNB Chain network upgrade. This will occur at the block height of 264,000,000, estimated on September 2, 2022, at approximately 6:00 UTC.

For Trust Wallet

  • This will mean we are removing the exchange tab functionality for BNB Beacon Chain, which will not be present in the app for placing new orders.

Please note:

Swaps of BNB will still be available.

For more info, click here

For Binance Users

Binance will support the BNB Beacon Chain (BEP2) and Beam (BEAM) network upgrades and hard forks.

  • The BNB Beacon Chain (BEP2) network upgrade and hard fork will take place at the BNB Beacon Chain block height of 264,000,000, or approximately at 2022-09-02 06:00 (UTC). Deposits and withdrawals on the BNB Beacon Chain (BEP2) will be suspended starting from approximately 2022-09-02 05:00 (UTC).
  • The Beam (BEAM) network upgrade and hard fork will take place at the Beam mainnet block height of 1,920,000, or approximately at 2022-09-02 09:00 (UTC) . Deposits and withdrawals for BEAM will be suspended approximately starting from 2022-09-02 08:00 (UTC).

Please note:

  • The trading of tokens available on BNB Beacon Chain (BEP2) and BEAM network will not be affected during the network upgrades and hard forks.
  • The BNB Beacon Chain (BEP2) network upgrade and hard fork will take place at the BNB Beacon Chain block height of 264,000,000. The estimated time is for users’ reference only.
  • The Beam (BEAM) network upgrade and hard fork will take place at the Beam mainnet block height of 1,920,000. The estimated time is for users’ reference only.
  • Binance will handle all technical requirements involved for all users.
  • The BNB Beacon Chain (BEP2) and Beam (BEAM) network upgrades and hard forks will not result in new tokens being created.
  • We will reopen deposits and withdrawals for BNB Beacon Chain (BEP2) and Beam (BEAM) network once we deem the upgraded networks to be stable, and we will not notify users in a further announcement.
  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

For more information on the network upgrades and hard forks, please refer to the following:

BNB Beacon Chain Mainnet Godel Upgrade

Beam Hard Fork Announcement

Read More on BNB Chain network Upgrade, click here

READ THIS POST  Zenith Chain Crypto, How to Earn Crypto for Participating in the Program
Continue Reading

Cryptocurrency

How to Take your Crypto Knowledge to an Advanced Level

Crypto Knowledge. you’re missing one important fact. No one was born a trader with a 95% success rate on all trades. No one has raised a successful investor with a 10,000% ROI.

Published

on

Crypto Knowledge by Fxkinfin

Crypto Knowledge Level

You probably follow a bunch of Telegram or YouTube channels related to crypto and think to yourself, “Sh%t, this guy knows so much, I could never come close to his level of success.

Crypto Knowledge

But you’re missing one important fact. No one was born a trader with a 95% success rate on all trades. No one has raised a successful investor with a 10,000% ROI.

The success you see is the result of battle-tested skills, tons of experience and years of learning. FYI, huge elements of such knowledge are derived from open resources that are also available to you

The Alpha Archives is a website created by crypto enthusiasts who wanted to gather the most valuable Twitter threads, podcasts, videos and articles about crypto in one place.

Crypto Knowledge

This archive contains 99% of the info you need to become an ADVANCED crypto user. Devour it and train your brain

READ THIS POST  What is Omnisea? Omnisea Testnet Potential Rewards
Continue Reading

Cryptocurrency

Bit.Country has announced the launch of incentivized testnet in 2022

Bit.Country & Metaverse. Right now you can join their testnet competition in creating various metaverses on the platform. Bit.Country coin. Bit.Country token price. Bit.Country metaverse.

Published

on

Bit.Country coin

Bit.Country & Metaverse. The network is a platform & blockchain ecosystem for user-created metaverses, games, and dApps. Community owners, influencers, KOLs, and individuals can launch their own metaverses for their members, fans, followers, families, and friends.

Project partners include Animoca Brands, Moonrock Capital and others + this is probably one of the biggest metaverses that Polkadot will ever see.

Bit.Country

Right now you can join their testnet competition in creating various metaverses on the platform.

PRIZES

  • 1st-10th place: from 12 to 1 Raw land block units on the Canary Network on Kusama
  • 10th-100th place: a limited edition NFT that will boost users’ staking rewards by 10% for 14 days

STEPS TO PARTICIPATE

Follow MetaverseNW and Bitdotcountry on Twitter

Create a Polkadot.js wallet if you haven’t yet

Go to the testnet website and complete the tasks specified in this article

Deadline: July 28

Details: CLICK HERE

Know more about Bit.Countr

Bit.Country Photo

Bit.Country

READ THIS POST  Why the cryptocurrency market will last long
Continue Reading

Trending