Hi guys Quick question: Let's say I sign a malicious transaction on one address, could this drain another address I own created with the same seedphrase? If an address has no token approvals at all, can it even be in danger? Thanks very much submitted by /u/Lbkelp [link] [comments]
Binance Coin (BNB) had an opportunity for a price rally last week after its parent company finally completed the scheduled token burn for the third quarter of the year. BNB price slightly corrected after going up by almost 4% following the latest burning of Binance tokens Binance established $260 as its support level The altcoin might fall to $250 before continuing its price rally With that, the total number of burned (destroyed) BNB tokens reached 2,065,152, which is worth over $563 million. Shortly after, Binance went up by 3.75% to trade at $274.6, confirming the asset’s positive response to the burning mechanisms introduced to reduce the crypto’s overall supply of 200 million by half. At press time, the altcoin is experiencing a slight price correction, changing hands at $272.93 according to tracking from Coincodex. However, thanks to a substantial increase in BNB’s buying volume, a bullish rally could be on the horizon for the 4th largest cryptocurrency in terms of market capitalization. Analyzing Price Movement Of Binance Coin Binance was not spared by the widespread price dip that continues to bother all of crypto space as it has spent many days in the red zone for the past two months just like Bitcoin and Ethereum. The token somehow managed to establish $260 level as its support zone, which means the asset’s price won’t go lower than that as long as the marker is maintained. Related Reading: AAVE Price Poised For Rebound With $94 On The Crosshair – Time To Buy? Source: TradingView BNB’s 12-hour chart indicates a range between $260 and $300 with the $280 marker acting as mid-point and both as crucial resistance and support zone. In terms of liquidity, Binance appears to be eagerly bought and traders are actually encouraged right now to find an entry point as good risk-to-reward buying opportunity is knocking on their doors. Binance Welcomes October With Another Hacker Attack Binance Smart Chain (BSC) opened this month with another massive cyber attack that drained $100 million worth of BNB tokens. The BSC Token Hub was targeted as hackers exploited the cross-chain bridge that linked it with BSC. Fund transfer was then initiated and the cryptocurrency exchange platform was forced to halt its operations in order to address the issue. BSC was quick to tone down the incident as a spokesperson from the company told the incident was an isolated one and that they have devoted enough time to solve the problem before going back online. Related Reading: Elrond Coin Looks To Breach $55 Resistance – Is $65 Hittable This Month? BNB market cap at $43.9 billion on the daily chart | Featured image from Cryptopolitan, Chart: TradingView.com Disclaimer: The analysis represents the author’s personal views and should not be construed as investment advice.
NEAR’s price struggles to hold above key resistance as price trends in a falling wedge price could break the downtrend. NEAR continues to struggle as price clings to resistance in a bid to reclaim the region. The price of NEAR continues a downtrend price movement in a descending wedge as the price could pull out a surprise below 50 and 200 Exponential Moving Average (EMA) on the daily timeframe. For some weeks now, the price of Near Protocol (NEAR) has looked as if the price has lost its steam to rally against tether (USDT) as the price has remained in a range-bound movement with little or no volume to rally. Despite the uncertainty that has befallen the crypto market in recent weeks, as the price of Bitcoin (BTC) and other crypto assets such as Ethereum (ETH) have seen a slight setback in their price movement, the price of NEAR has shown little or no volatility in its price movement as many fear if NEAR can reclaim key support at $3. (Data from Binance) Related Reading: AAVE Price Poised For Rebound With $90 On The Crosshair – Time To Buy? Near Protocol (NEAR) Price Analysis On The Weekly Chart. The bear market hasn’t been good and favorable for most projects, as this has been a tough time as most projects have seen a price decline of over 50% and have discouraged most traders and investors from hodling these assets. Despite huge backing from great partnerships and a huge community that has continued to build and grow, the price of NEAR has not reflected all of this great development. The early part of the year saw some great price action from the NEAR Protocol as the price rallied from a low of $3 to a high of $19, but the price failed to rally high as many expected a new all-time high for the NEAR price. After the rally by NEAR price to a high of $19, the price faced resistance to rally higher as the price continued to decline from its range high to a weekly low of $2.9. The price of NEAR bounced off this region of $2.9 to a high of $6 in a bid to breakout from this downtrend, but the price failed and has maintained a downtrend for some time. Weekly resistance for the price of NEAR – $3.7. Weekly support for the price of NEAR – $2. Price Analysis Of NEAR On The Daily (1D) Chart In the daily timeframe, the price of NEAR continued to struggle as the price trends in a descending wedge in a range-bound movement. Although the price of NEAR has lost its key support at $3, this region has been a key point for the NEAR price to bounce off in an attempt to rally. Haven lost this region, and the price of NEAR continues to trade in a descending wedge with a possible breakout. If the price of NEAR breaks out of the wedge, we could see price reclaim key support, but if the price fails, we could have the price retest the $2. Daily resistance for the NEAR price – $3.7. Daily support for the NEAR price – $2.5-$2. Related Reading: Missed Aptos? Here Are 5 Projects That May Airdrop Featured Image From themarketperiodical, Charts From Tradingview
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NFTs have transformed the art world to make masterpieces more accessible to admirers. However, with the tokenization of entire collections comes questions about the future of ownership in museums.
Polkadot (DOT) is experiencing a sharp price correction for the past days, painting its charts in red as it continues to struggle to find a solid footing and start climbing once again. At press time, tracking from Coingecko shows the crypto is trading at $6.11, going down by 1% over the last seven days, 5.1% for the past two weeks and by 4.6% over the last month. Furthermore, forecast from cryptocurrency data provider Coincodex points at a massive decline for Polkadot. While the altcoin in seen to slightly increase its value over the next five days to $6.18, it is bound to fall down all the way to $4.02 30 days from now. There are 24 technical analysis indicators that are sending bearish signals for the digital asset that is also under tremendous pressure from its extremely high supply inflation. Related Reading: AAVE Price Poised For Rebound With $94 On The Crosshair – Time To Buy? Polkadot Outperforms Ethereum And Solana Even with its extended bearish momentum, DOT managed to surpass Ethereum and Solana – two of cryptocurrencies in top 10 in terms of market capitalization – in terms of blockchain activity numbers. According to data shared by Polkadot Insider, over the last seven days, the asset’s network was able to tally activity index of 3124.14. ETH only managed to register 78.79 and was actually outranked by NEAR which came second to DOT with its 90.86 tally. Once again, @Polkadot is leading the dashboard in terms of development activity performance (3124.14) in the last 7D 😎 The collected data is from @santimentfeed. Let’s check out more below for further comparisons 🔥#Polkadot $DOT #DOT pic.twitter.com/jpjjir7FXj — Polkadot Insider (@PolkadotInsider) October 18, 2022 SOL on the other hand ranked 4th with 67.21 while Bitcoin, the largest cryptocurrency in terms of market capitalization, came in at 7th place with its 36.64 activity index. Polkadot’s performance in this department was so good that even the combined total of the other 9 assets on the list won’t be enough to surpass the 11th ranked crypto in terms of market cap. Analysts Recommend Buying Polkadot As the altcoin remains on a downtrend, its bearish sentiments won’t let up and analysts are thinking this might present an opportunity for accumulation. Sharing his “long-term plans” with his 415,700 followers, CryptoGodJohn re-echoed the prediction of Coincodex, saying Polkadot will likely decline to $4. If that happens, according to the analyst, buyers must take advantage and accumulate as much DOT as they can. The plan is to hold until the time comes when they can sell the altcoin for more the $50. That, however, could take a while as indicators suggest DOT will hit that level by 2024. But, given the volatility of crypto space, a sudden price surge is still possible. Therefore, investors must always pay close attention to Polkadot. Related Reading: Elrond Coin Looks To Breach $55 Resistance – Is $65 Hittable This Month? DOT market cap at $6.9 billion on the daily chart | Featured image from Money24H, Chart: TradingView.com Disclaimer: The analysis represents the author’s personal views and should not be construed as investment advice.
Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to find a buyer. Nuri to Maintain Trading Until Last Day of November, Prepares to […]
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How private are the transactions in a zkEVM? Is it just a compression tool where everything is visible, or will all transactions be shielded and private? submitted by /u/celticwarrior72 [link] [comments]
