Day: January 24, 2022

Jak poruszać się po Coinbase

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OpenSea Bug Allows Attacker to Get Massive Discount on Popular NFTs

A bug on the NFT marketplace OpenSea has allowed an attacker to get away with massive discounts on several non-fungible tokens (NFT) and make huge profit. The bug, which was discovered as early as Dec. 31, 2021, allowed the attacker to buy NFTs at older, lower prices, and sell them for a hefty profit. The attacker’s wallet holds 347 ether ($770,000) at the time of writing. An OpenSea user called jpegdegenlove appears to be behind the sales. NFTs are digital assets on a blockchain that represent ownership of virtual or…

Buying Bitcoin Anonymously (More or Less)

Want to buy some bitcoin? Better get your ID and front-facing camera ready. These days, the price of entry into cryptocurrency is usually not just your dollars or euros but also a wealth of personal data. The practice of gathering such data from users, known as know-your-customer, or KYC, has been increasingly adopted by major cryptocurrency platforms as regulators across the world grow concerned about the use of crypto by criminals. (Of course, bad actors still find ways to sneak in, as a recent CoinDesk investigation found.) On the other…

‘Ponzi Schemes Have Created a Negative Reputation for the Industry’ — Uganda Blockchain Advocate – Interview Bitcoin News

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Education and awareness campaigns are still viewed as important channels that draw people to cryptocurrencies and blockchain. This has been particularly true in some parts of Africa where bitcoin and other cryptocurrencies are proving to be a useful alternative to fiat currency. Blockchain Education and Advocacy From Uganda Despite a surge in the use of blockchain technology and cryptocurrencies that started with the pandemic-inspired lockdowns, many people, particularly in Africa, are still unfamiliar with these technologies. To bridge this knowledge gap, many blockchain enthusiasts in Africa have chosen to focus…

Introducing CoinDesk’s Privacy Week

Cryptocurrency was supposed to be about privacy. It’s right there in the prefix “crypto” (meaning “hidden” or “secret”), a nickname the technology shares with cryptography, the discipline that spawned it. “We have to trust [banks] with our privacy, trust them not to let identity thieves drain our accounts,” Bitcoin creator Satoshi Nakamoto wrote in 2009, explaining the impetus to create a new, peer-to-peer monetary system. Yet 13 years later, while BTC and its various knockoffs and descendants have become a $2 trillion asset class, privacy remains hard to come by,…

Solana Slides 17% to Lead Losses Amid Crypto Market Plunge

“Alarmingly, the sharp reversal on Friday was not followed by any meaningful bounce,” said Alex Kuptsikevich, senior financial analyst at FxPro, in an email to CoinDesk. “Some observers point out that this is a worrying signal, suggesting further market declines, as we have not seen a final capitulation. Without capitulation, the markets will remain with an overhang of sellers.” Source

Bitcoin dives below $33K to fill futures gap amid record BTC ‘hodling’

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Bitcoin (BTC) set new multi-month lows on Jan. 24 as the new week began with some classic price behavior. BTC/USD 1-minute candle chart (Binance). Source: TradingView “Rangeplay” for BTC after CME gap fill Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $32,967 on Bitstamp prior to the Wall Street open Monday. That level represented the start of a CME futures gap left over from July 2021, Bitcoin “filling” it almost to the dollar before reversing upwards to add over $1,000 in minutes. With volatility clearly in the air,…

Here's this crypto investor is watching in the 2022 crypto space

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Jared Madfes, Tribe Capital, joins ‘Squawk on the Street’ to discuss venture capital viewpoints on cryptocurrencies. Madfes acknowledges comparisons to the dot com bubble and volatility in the space. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard…

Sneakmart’s Metakicks Digitizes Limited-Edition Sneakers As NFTs Through An Upcoming Mystery Box Drop

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Finding mainstream use cases for non-fungible tokens is the next objective to take NFTs to the masses. French startup Sneakmart, with its dedication to streetwear, is tapping into the sneaker collector market. The company will bring limited-edition sneaker NFTs to collectors worldwide through mystery sneaker boxes. Sneakmart Modernizes Sneaker Collecting One of the biggest trends in recent years is the acquisition of limited-edition sneakers and reselling them for a higher value. It is a lucrative business that can yield returns of up to 10x the initial purchase price. Sneakerheads love…

Crypto exchange’s Twitter gets hacked by ‘disgruntled employee’

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The Twitter account of the Russian crypto exchange Latoken seems to have been breached by a hacker who started posting allegations that the exchange is a scam. According to the posts, the exchange is promoting “scam IEOs” and misleading its customers.  WARNING – THIS IS A SCAM EXCHANGE They are promoting scam IEOs. They are promoting IEOs promising growth of 100% to 500%. They are cheating and lying to founders and employees. They are misleading founders to think they will have successful IEOs while it never happens. — LATOKEN (@latokens)…