Crypto Miami

2024-02-15 19:00:20 Join TapSwap now!
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2024-02-15 17:30:35 Crypto Phishing Group Strikes Again: Angel Drainer Siphons $400K from 128 Wallets

In a daring move, the notorious crypto phishing group Angel Drainer has made off with a staggering $400,000 from unsuspecting victims. Their weapon of choice? A devious malicious vault contract.

Blockchain security firm Blockaid uncovered this audacious attack, revealing that Angel Drainer cleverly exploited Etherscan's verification tool to mask their nefarious intentions.

At the crack of dawn on February 12, the trap was set. Angel Drainer unleashed their Safe vault contract, luring users into a false sense of security. Little did they know, they were signing away their digital fortunes.

With a single click, the 'Permit2' transaction sealed the fate of 128 wallets, leaving them empty and echoing with loss. The damage? A hefty sum of $403,000.

Blockaid was quick to clarify that this wasn't an assault on Safe itself, but a calculated ploy to exploit Etherscan's verification flag. They promptly alerted Safe and are working tirelessly to minimize further harm. Open / Comment

2024-02-13 19:01:34 WorldShards, a new web3 game from developers of World of Tanks, Black Desert Online and other impressive titles, has announced its first sale in celebration of the Early Access phase, set to launch on February 26: https://worldshards.net/3wgW3Qs

The sale kicks off on February 15th at 8pm UTC. Players will have the opportunity to purchase Early Access Keys or Unique Founders Islands and explore the engaging mechanics and immersive sandbox of Murrlandia. Each island offers unique and beautiful designs, increased capacity for building, and slots for Artifacts necessary to craft collectible items—a crucial aspect of the web3 economy to be expanded upon in future updates later this year.

Note: During Early Access, the game will be accessible only to those who own Early Access Keys or Unique Founder Collectibles.

WorldShards is a partner of OpenLoot Marketplace so you can look forward to getting the gameplay and assets of highest quality.

Tap this link and become an early adopter of the next big thing in web3 gaming! https://worldshards.net/3wgW3Qs Open / Comment

2024-02-13 17:30:20 AxonDAO's $AXGT TOKEN, the top 5 global DECENTRALIZED SCIENCE projects, is making waves!

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DECENTRALIZED SCIENCE is the next big tsunami. Catch the wave NOW:
- Elon Musk would drop everything for biotech.
- CZ's gearing up for a desci project in biotech.
- Brian Armstrong, Vitalik Buterin, and top names are betting big on desci.
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2024-02-12 17:00:48 Crypto Fundraising Gets a Makeover: Arthur Hayes Proposes 'Points' System

BitMEX CEO Arthur Hayes is shaking up the crypto fundraising scene, advocating for a fresh approach to replace the increasingly scrutinized ICOs. In his thought-provoking blog post titled 'Points Guard,' Hayes puts forth an innovative concept aimed at fostering sustainable growth in the Web3 realm.

Enter the era of crypto points, a fusion of ICO and yield farming advantages that's gaining traction as the go-to method for raising funds and engaging communities during this bullish phase.

While ICOs have been a popular way for blockchain projects to gather capital, they often find themselves entangled in regulatory red tape due to their security-like nature. Hayes suggests that adopting a points-based system could help sidestep these legal hurdles, offering a more compliant path forward.

On the other hand, yield farming has been rewarding users with new tokens for actively participating in protocols. However, Hayes cautions that if everyone jumps on the bandwagon, the finite supply of these digital assets might face strain, potentially impacting their value and long-term viability.

As the crypto industry continues to evolve, it's clear that innovation is key. With his 'Points Guard' proposal, Arthur Hayes aims to spark a conversation about alternative fundraising models that can ensure both regulatory compliance and sustained user engagement. Will this idea take flight? Only time will tell. Open / Comment

2024-02-09 21:01:52 UN Expert Panel Investigate $3B Worth North Korean Crypto Cyberattacks

UN Monitors on the Case
An independent UN jury is digging deep into North Korea's alleged involvement in $3 billion worth of cyberattacks on crypto firms. The monitors are determined to hold the Democratic People's Republic of Korea (DPRK) accountable for flouting Security Council sanctions.

Unmasking the Digital Threat
With a keen eye for detail, the panel is examining 58 suspected DPRK cyberattacks on cryptocurrency-related companies spanning from 2017 to 2023. These attacks, valued at a staggering $3 billion, are believed to have played a role in funding North Korea's ambitious WMD development.

Crypto Heists and Nuclear Ambitions
Recent findings by TRM Labs reveal that North Korea-linked hackers have managed to pilfer an eye-watering sum of $200 million in cryptocurrencies between January and August 2023 alone. This digital thievery not only lines their pockets but also fuels the country's nuclear and ballistic missile programs.

Sanctions and a Shifting Landscape
The UN has been tightening the screws on DPRK since its first nuclear test in 2006, imposing a range of sanctions including restrictions on financial services and mineral trade. However, as traditional revenue streams dry up, North Korea seems to be turning to the world of crypto for its financial fix.

A Record-Breaking Year for Crypto Hacks
It's not just North Korea making waves in the cyber underworld. According to Chainalysis, 2022 witnessed an unprecedented surge in crypto hacking, with a jaw-dropping $3.8 billion snatched from businesses. The digital landscape is evolving, and cyber-espionage groups are honing their tactics to amass vast sums of virtual wealth. Open / Comment

2024-02-09 18:00:10 The next MASSIVE #SOL #Memecoin is HERE

Here’s all you need to know

Project Name: SMOG
Ticker Name: $SMOG
Total Supply: 1,400,000,000
Contract Address: FS66v5XYtJAFo14LiPz5HT93EUMAHmYipCfQhLpU4ss8
Launch Price - $0.001419
Current Price - $0.048416
Token Holders- 10,235
Last 24H: +159.3%
Chain: Solana
MarketCap: $37.3 Million
Smog is currently TRENDING in the last 24h on Dextools, Dexscreener & Birdeye!

Follow @SMOGtoken on X: https://twitter.com/SMOGToken
Join our TG: https://t.me/SMOGToken
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2024-02-06 19:01:32 Bithumb Strikes Back: Commission Fees Return, Rivals Beware!

After four months of commission-free trading, South Korea's Bithumb is changing its tune. Starting from February 5, a 0.04% fee will be charged on all crypto transactions.

The battle for dominance with arch-nemesis Upbit is heating up. Bithumb aims to regain its throne as the leading South Korean exchange and even dreams of going public on the prestigious KOSPI stock market.

Commission-free trading fueled Bithumb's meteoric rise, with market share skyrocketing from 10% to a whopping 51%. But critics argue that focusing on financial performance is crucial for long-term success.

While some claim fees are the lifeblood of exchanges, Bithumb insists their fee-free spree was a celebration of their 10th anniversary and a strategic move to capture more market territory. Open / Comment

2024-02-06 15:06:00 Confirmed Drop Alert

We've got another project with a confirmed drop. This time, it's Partisia, a layer 1 blockchain that's revolutionizing Web3 by offering scalability, interoperability, and top-notch security.

The project team successfully raised approximately $55M through multiple rounds of token sales from funds and investors.

Right now, Partisia has kicked off an airdrop event, setting aside 25M project tokens for distribution.

So, what's the plan?

Head over to the website and link your wallet.
Use the bridge to convert $ETH or other assets.
Deploy the smart contract located in the Contracts section.
Engage with other contracts available in the same section.

Word on the street is that one of the factors affecting your drop rewards will be the amount of gas burned, so keep that in mind.

Stay tuned for all announcements, which will be posted on Discord in the Airdrop thread. Let's jump in and stay updated; they might introduce more exciting activities soon Open / Comment