Pera wallet allows you to claim a free NFT for being a governor during period #4, depending on commited Algo amount : – 1-100 Baby Governor – 100-1K Lil' Governor – 1k-10k The Governor – 10k and more OG Governor Those are limited edition with unique artworks, and the most important part is : free…
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submitted by /u/Funkoma [link] [comments]
If I understood it well, it you don't want to run an Ethereum validator by your own, you can still stake by joining to any big player (like Kraken, etc). But this way, you are not in control of your coins, you delegate the custody and you know what they say, NYKNYC. Os there any…
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In the early hours of Friday, news broke that a hacker had been able to successfully exploit the BNB Chain. However, unlike decentralized finance (DeFi) hacks that have become prominent in the crypto market, the hacker did not steal user funds. They had actually brought new BNB coins into circulation, in what would be one of the largest hacks recorded in crypto so far. Hack Puts New BNB In Circulation The hack had happened directly on the Binance bridge, where the attacker had been able to somehow convince the bridge to send them millions of new tokens. The attack happened in two waves, each transaction carrying 1 million new BNB. This resulted in over $500 million worth of coins being sent into circulation. Related Reading: Wash Trading Dominates Bitcoin Volume, What Does This Mean For Price? The BSC Chain had been quickly paused by the team before more damage could be done and some of the coins gotten by the attacker were reportedly frozen, leaving the hacker with about $100 million in their stolen loot. Binance Coin dips following hack | Source: BNBUSD on TradingView.com However, the damage had already been done and the BNB price had tanked following the news. Now, as the network continues to handle the aftermath of what could have been a devastating hack, speculations have now turned towards what the hack could mean for the value of BNB, at least in the short term. Will This Affect Price? The price of any asset is affected by the available supply and if a large amount of supply is put into circulation at once, it can obviously have an impact on the price of that asset. However, in the case of BNB, the exploit had been stopped at the right moment, it seems, and the amount the attacker had made off with had not been enough to have any significant impact on the price of BNB. Related Reading: Brace For Impact: This Expert Trader Says Cardano (ADA) Will See A 50% Decline The major concern regarding price now springs up from the trust level in the network. As has been the case in the past, hacks have usually seen a drastic decline in investor trust, leading them to pull out their funds but that has not been the case with BNB. In Binance’s case, it had brought up questions about how truly “decentralized” the blockchain is if it can be paused due to a hack. Besides a slight dip in the price of the digital asset since the hack was made public, BNB looks to be holding up well. It still maintains its value above $280 at the time of this writing. Additionally, BNB is backed by the largest crypto exchange in the world that holds quarterly burns and the 21st burn is expected to happen sometime this month. So the impact on the price will likely not be significant in any way. Featured image from Freepik, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…
submitted by /u/razor476 [link] [comments]
INTRODUCING SAFEMOON ORBITAL SHIELD!! WHAT is Orbital Shield? It's been marketed forever as being this super secure method to hold your Crypto, and that's pretty much all the details we got. It didn't stop CEO John Karony tweeting "Safemoon Orbital Shield" ominously during the BNB hack last night, a clear dog-whistle that his new feature…
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As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped on October 5. At the time of writing, the current speed at which blocks are processed is faster than the typical ten-minute average block intervals […]
Most people do not know what is currently happening to the People in Turkey: The President is firing central banker after central banker, literally every economist from left to right disagrees with him lowering the interest rate while having a 100%+ inflation, he does not care What he does care about is threatening war to…
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Meme coins were trading lower on Friday, as markets reacted to the latest U.S. nonfarm payrolls report. The data showed that 263,000 jobs were added to the United States economy in September, versus the 250,000 expected. Both dogecoin and shiba inu fell for a third consecutive session. Dogecoin (DOGE) Dogecoin (DOGE) fell for a third […]
submitted by /u/unitys2011 [link] [comments]
