Nick Abrol
@nick7snowcrypto
329 Following
192 Followers
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Bitcoin Price Plummets Toward $59K, $250M Liquidated in a Day
> The cryptocurrency market has seen better days. Bitcoinâs price hovered at the $62,000 range for a few days, but it appears that the bears were finally able to take full control
> Just a few moments ago, BTC dropped below $59,000, reaching a local low of $58,867 The move has resulted in the liquidation of more than $250 million in leveraged positions, the majority of which, of course, is long
> Bitcoinâs price reacted negatively to the announcement of higher-than-expected CPI numbers. The Consumer Price Index is a gauge for inflation in the United States. An increase essentially means that the Federal Reserve might not cut rates again in November, which is bad news for risk-on assets such as Bitcoin 0 reply
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Crypto hacks explode 8x in just one monthâ$116M stolen in September alone đ»
> According to Binanceâs crypto report, several firms lost over $116 million to crypto hacks in September alone. This figure is more than eight times the value lost in August. Centralized exchanges were the primary targets, with over 20 hacks
> BingX, Indodax, and Penpie top the list of most affected crypto exchanges in Septemberâs hacks
> Out of all affected crypto exchanges, centralized platform BingX suffered the largest hit, losing over $44 million. On September 19, various security firms began reporting on the millions being siphoned out of the Singapore-based exchange, leading the company to announce a temporary pause in operations for âwallet maintenance.â
> Later, the exchange reassured users that refunds would be provided, describing the asset loss as âminor.â In addition to BingXâs losses, decentralized exchange PenPie lost $27 million in a hacker exploit of its reward system, while Indodax had over⊠0 reply
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CATS Airdrop Listing Date Announced on Major Exchanges đ»
> The CATS token airdrop is gearing up for its big listing on major exchanges like ByBit, Bitget, Gate, and KuCoin, with the official launch scheduled for October 8th, 2024, at 10:00 UTC
> Following this, the on-chain claim will open two days later, allowing users to claim their airdropped tokens. The airdrop distribution considers Telegram account factors like age, premium status, and activity levels. This event marks the beginning of Season 2 for CATS, promising further developmentsâ
> Initially, season 1 was supposed to end on September, 30th, but due to technical issues with the app, the snapshot period has been extended to additional three days. The final snapshot will now be taken on October 3rd, giving users extra time to meet the requirements
> The CATS token has a total supply of 600 billion, with 55% earmarked for the airdrop across Seasons 1 and 2. Users can boost their earnings by inviting friends or completing simple tasks such⊠0 reply
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HBO exposes the identity of Bitcoin creator Satoshi Nakamoto đ„
> HBOâs upcoming documentary claims it has finally uncovered the true identity of Satoshi Nakamoto, the anonymous creator of Bitcoin
> Set to air next Wednesday at 2 a.m. CET (9 p.m. EST on Tuesday), the show promises to end one of the biggest mysteries in the crypto world
> Directed by Emmy-nominated Cullen Hoback, the man behind âQ: Into the Storm,â this documentary could have massive global implications, potentially rattling financial markets and shaking the U.S. presidential race, with Donald Trump receiving support from Bitcoin enthusiasts
> Bitcoin has been a major force since it launched in 2009. Born as a decentralized cryptocurrency, itâs grown into a trillion-dollar asset class
> For years, people have speculated about the true identity of its creator, but no one has been able to prove anything definitively
> The list of potential Satoshi Nakamotos is long, and a few names have gained more attention over the years. Cr⊠0 reply
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LUNC, USTC Price Jump 10% As Binance Burns 1.14 Billion Terra Luna Classic đș
> The worldâs largest crypto exchange Binance has burned 1.14 Terra Luna Classic tokens in the 26th batch of LUNC burn mechanism. This move has sparked optimism, as evidenced by the surge of over 10% in LUNC and USTC prices. Besides, the latest LUNC burn frenzy by the leading exchange has also fueled investorsâ sentiment, who are anticipating a further rally in the cryptoâs price
> LuncLive validator owner, Mr. Diamondhandz, highlighted the importance of Binanceâs contribution to social media platform X, expressing his gratitude to Binance CEO Changpeng Zhao and his team. He said, âBinance burned 1,142,098,248.09 LUNC for their monthly burn! Thank you CZ and company for supporting the LunaClassic community since 2022! LUNC to the moon!â His statement reflects the communityâs optimism and ongoing support for the revival of the Terra Classic ecosystem
>Binance has played a key role in supporting the LUNC ecosyst⊠0 reply
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LUNC, USTC Price Jump 10% As Binance Burns 1.14 Billion Terra Luna Classic đș
> The worldâs largest crypto exchange Binance has burned 1.14 Terra Luna Classic tokens in the 26th batch of LUNC burn mechanism. This move has sparked optimism, as evidenced by the surge of over 10% in LUNC and USTC prices. Besides, the latest LUNC burn frenzy by the leading exchange has also fueled investorsâ sentiment, who are anticipating a further rally in the cryptoâs price
> LuncLive validator owner, Mr. Diamondhandz, highlighted the importance of Binanceâs contribution to social media platform X, expressing his gratitude to Binance CEO Changpeng Zhao and his team. He said, âBinance burned 1,142,098,248.09 LUNC for their monthly burn! Thank you CZ and company for supporting the LunaClassic community since 2022! LUNC to the moon!â His statement reflects the communityâs optimism and ongoing support for the revival of the Terra Classic ecosystem
>Binance has played a key role in supporting the LUNC ecosyst⊠0 reply
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LUNC, USTC Price Jump 10% As Binance Burns 1.14 Billion Terra Luna Classic đș
> The worldâs largest crypto exchange Binance has burned 1.14 Terra Luna Classic tokens in the 26th batch of LUNC burn mechanism. This move has sparked optimism, as evidenced by the surge of over 10% in LUNC and USTC prices. Besides, the latest LUNC burn frenzy by the leading exchange has also fueled investorsâ sentiment, who are anticipating a further rally in the cryptoâs price
> LuncLive validator owner, Mr. Diamondhandz, highlighted the importance of Binanceâs contribution to social media platform X, expressing his gratitude to Binance CEO Changpeng Zhao and his team. He said, âBinance burned 1,142,098,248.09 LUNC for their monthly burn! Thank you CZ and company for supporting the LunaClassic community since 2022! LUNC to the moon!â His statement reflects the communityâs optimism and ongoing support for the revival of the Terra Classic ecosystem
>Binance has played a key role in supporting the LUNC ecosyst⊠0 reply
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LUNC, USTC Price Jump 10% As Binance Burns 1.14 Billion Terra Luna Classic đș
> The worldâs largest crypto exchange Binance has burned 1.14 Terra Luna Classic tokens in the 26th batch of LUNC burn mechanism. This move has sparked optimism, as evidenced by the surge of over 10% in LUNC and USTC prices. Besides, the latest LUNC burn frenzy by the leading exchange has also fueled investorsâ sentiment, who are anticipating a further rally in the cryptoâs price
> LuncLive validator owner, Mr. Diamondhandz, highlighted the importance of Binanceâs contribution to social media platform X, expressing his gratitude to Binance CEO Changpeng Zhao and his team. He said, âBinance burned 1,142,098,248.09 LUNC for their monthly burn! Thank you CZ and company for supporting the LunaClassic community since 2022! LUNC to the moon!â His statement reflects the communityâs optimism and ongoing support for the revival of the Terra Classic ecosystem
>Binance has played a key role in supporting the LUNC ecosyst⊠0 reply
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Crypto Investor Turns $1.3K into $12.45 M in Just 17 Days with Moo Deng Memecoin đŠ
> A crypto investor has made history, making $12.45 Million in profits after investing just $1331 in a newly launched Moo Deng Memecoin
> Crypto trading is an astonishing and intriguing process where various factors determine the outcome of an investment. Here, one wrong choice can cost a traderâs entire holding, but at the same time, the right decision can make thousands or even millions in profits
> As the crypto market is following a recovery trail, many cryptocurrencies are rising in value. However, this crypto investor has found a new opportunity, where he invested in the newly launched Moo Deng memecoin, which has gained immediate traction in the market. With this hype, the investorâs $1.3k has turned into $12.45 Million within just 17 days, setting an example for others
> This crypto trading news came to peopleâs attention with the Lookonchain X post, which revealed that the crypto investor spent 9.8 Sol⊠0 reply
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Hamster Kombat Players Earn Only $10 After Token Launch đ»
> The highly anticipated $HMSTR token, tied to the viral play-to-earn game Hamster Kombat, has launched today with a price of around only â$0.0081â, leaving many hamster CEOs aka the players disappointed
> Despite widespread excitement, players of the popular crypto game are expected to earn no more than $10 each as the token goes live for trading on major exchanges like Binance and OKX today
> Hamster Kombat game has been met with disappointment among many players, who are finding their rewards far below expectations after spending months on the game
> A dedicated player of Hamster Kombat shared their experience, revealing that player earned approximately 1,300 $HMSTR tokens. However, based on the $HMSTR launch price, the playerâs total earnings amount to only around $10
> Further, a Twitter user named Crypto with Khan highlighted a major issue with the Hamster Kombat airdrop that many users are receiving less than $5 in airdrop value⊠0 reply
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Hamster Kombat Bans Over 2.3 Million Users for Cheating đ±
> Hamster Kombat, a Telegram-based clicker game, recently announced the disqualification of over 2.3 million players for suspected cheating, sparking significant controversy among its community
> This figure is equivalent to the population of Rome, and many users expressed frustration over the harsh penalties, particularly those who invested months into farming rewards
> The gameâs developers put in strict anti-cheat measures after noticing some suspicious behaviors. For example, one player linked over 400 accounts to a single Binance address, while another invited nearly 2,000 flagged âfriends.â They also tracked user activities, finding accounts that logged in at the same time every day or repeatedly clicked on the same spot
> In total, 6.8 billion tokens have been confiscated from these alleged cheaters. The developers stated that 50% of the reclaimed tokens would be redistributed to honest players, while the other 50% would be burned 0 reply
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