Bitcoin

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bitcoin mining rig powered by cooking oil

https://twitter.com/mrcdbrown3/statu...73796410630145

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the thing about crypto is you're anonymous but everyone can see what's going on

here's someone who hacked BNB chain and was able to get 2 million BNB (worth around $600M)

the hacker was able to move 20% out of BNB chain into other chains via bridge

but 80% is still in BNB chain and BNB chain is suspended now



the assets on other chains are out of reach of BNB chain

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even manila bulletin picked up the news

BNB Smart Chain halts operation due to irregular activity – Manila Bulletin

BNB Smart Chain halts operation due to irregular activity
Published October 7, 2022, 7:52 AM

BNB Smart Chain (BSC) is a public blockchain network launched by the cryptocurrency exchange Binance. It supports smart contracts and decentralized applications (DApps). BSC runs alongside the BNB Chain, previously Binance Chain.

At 6:19 today, the official BNB Chain account posted a tweet informing the public that they have temporarily paused BSC due to irregular activity. In the same thread BNB Chain also assured the public that all funds are safe.

“Due to irregular activity, we’re temporarily pausing BSC. We apologize for the inconvenience and will provide further updates here. Thank you for your patience and understanding.”

“To confirm, we have suspended BSC after having determined a potential exploit. All systems are now contained, and we are immediately investigating the potential vulnerability. We know the Community will assist and help freeze any transfers. All funds are safe.”

“We want to thank all node service providers for their quick and attentive response.”

According to DefiLlama, BNB Smart Chain has more than 5 billion dollars of Total Value Locked to its ecosystem.

As of 7:20 AM, the official account BNB Chain posted a new thread thanking all those who help resolved the issue.

“Initial estimates for funds taken off BSC are between $70M – $80M. However, thanks to the Community and our internal and external security partners, an estimated $7M has already been frozen”

“We are humbled by the speed and collaboration from the Community to freeze funds. Thank you to everyone who helped and gave their support.”

Applications that run on top of BNB Smart Chain are also halted. Users are also unable to transact or withdraw their funds due to this event.

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CEO ng Binance nandito sa Pinas ngayon

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example of a reddit NFT avatar



Reddit NFT trading volume hits all-time high as wallet holders near 3 million

According to data provided by Polygon and Dune Analytics, the trading volume of Reddit nonfungible token (NFT) avatars has eclipsed $1.5 million in the past 24 hours. The increase represents over one-third of the collection’s cumulative trading volume of $4.1 million since launch. At the same time, the daily sales volume of Reddit NFTs also witnessed a new all-time high of 3,780 digital collectibles changing hands.

Reddit avatars are created by independent artists and are minted as NFTs on the Polygon blockchain. Users can purchase such collectibles on Vault, Reddit’s cryptocurrency wallet. They can then be worn and displayed as profile pictures when users create content on the popular social media platform.

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After being purchased, the NFTs can be bought and sold on secondary markets such as OpenSea. While some collections witness little to no bids, others have floor prices above $2,000. The highest price for a Reddit NFT current stands at $24,149, or 18 Ether (ETH).

example of reddit NFTs being traded

the prices are denominated in MATIC (the token of the Polygon network which is connected to the ethereum blockchain)

here someone bought 4 reddit NFTs for 2K to 3K each and 3 days later sells them for 8K to 19K+ each



exchange rate matic to USD: Polygon USD (MATIC-USD) Price, Value, News & History - Yahoo Finance

less than $10K puhunan, sold for around $55K

[ale828]

Bitcoin price drops below $16K after FTX-Binance deal falls through

Crash!

Time to Buy! hahaha

[misseksaherada]

Kahapon nga grabe bagsak, pero si Maya down ngayon naghintay pa ako mukhang ayaw nila may mag-Buy.. [emoji28]
Kanina pa unavailable nung nag-check ako 10AM ata..
Or pwede din yung Mobile Dev nila may issue deployment nung promotion para sa 11.11..

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been watching this unfold

FTX balance sheet was leaked

FTX is (was) the number 2 or 3 crypto exchange

the leak showed something wasn't right resulting in the perception that FTX is insolvent

FTX has native token called FTT

Binance CEO posted on twitter that Binance will unload all its FTT holdings

that caused a run on FTX (panic withdrawals by customers)

FTX didn't have enough funds to fulfill withdrawals

Binance CEO announced it will take over FTX but will do due diligence first

Binance decided not to pursue