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- Crypto exchanges Coinbase, Binance and Gemini’s Twitter accounts compromised, used to promote scam
- Elon Musk and Binance’s CZ get into Twitter argument
- $323 mn in crypto stolen from cross-chain protocol Wormhole
- Binance says 30% of blocked account cases are law enforcement-related
- Bitcoin drops after report Binance under U.S. probe, Tesla move
- #Reducecryptotax Trends On Twitter A Day After Budget 2022; Bitcoin Falls Over 5%
Crypto exchanges Coinbase, Binance and Gemini’s Twitter accounts compromised, used to promote scam
The official Twitter accounts for at least five crypto exchanges — Binance, Coinbase and Gemini — as well the account owned by Binance's CEO, Changpeng Zhao, appear to have been compromised.
In tweets issued on Wednesday, the accounts tweeted what appears to be a bitcoin giveaway scam , encouraging their combined 2. Coinbase's scam tweet has since been deleted. Prior to having his Twitter account hacked, Zhao warned his followers to "not click" on the giveaway link and report the Binance account "immediately.
Tron founder Justin Sun's account has also been compromised and used to post the tweet, as well as the account used by the Tron Foundation. The account for crypto exchange Bitfinex appears to have been compromised, sharing the same tweet , and the account for Kucoin, another crypto exchange, also broadcast the same message. The Twitter account for crypto publication CoinDesk had also been affected by the wave of compromises, but as of the time of writing the tweet was deleted.
A bitcoin address tied to the scam website's message has collected more than 0. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. Bloomberg -- When Amazon. But look down just one layer, and you'll see more pain.
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Elon Musk and Binance’s CZ get into Twitter argument
According to Emmanuel Babalola, he explained that approximately people filled out the forms the exchange put out on social media. Since we started mandatory KYC, a bunch of people had several accounts that they used multiple emails to operate on the platform and so, our risk tools flagged those accounts. Emmanuel further added that less than 0. The team went on to assure that they will do better in terms of communications and giving feedback to customers in general when responding to users who complained about poor customer service from the exchange. Many Nigerians, due to the ban on cryptocurrencies by the apex bank, the Central Bank of Nigeria CBN , have been forced to participate in the market through P2P exchanges, telegram groups and WhatsApp groups, where buyers and sellers alike come together to exchange tokens for cash. These methods although an alternative is still relatively flawed as there is a high crime rate as it largely depends on trust. This has been a major trend with the users experiencing issues with the exchange as they have in one shape or form bought coins off the exchange and tried trading them on the exchange.
$323 mn in crypto stolen from cross-chain protocol Wormhole
O chief Elon Musk's reversing his stance on accepting the digital currency. Bloomberg reported on Thursday that as part of the Binance inquiry, the U. Justice Department and the Internal Revenue Service have sought information from individuals with insight into its business. Binance did not immediately respond to a request for comment. A Binance spokeswoman told Bloomberg that the company doesn't comment on specific inquiries but takes its legal obligations seriously and engages with regulators in a collaborative fashion. Tesla's announcement on Feb. Musk has faced pressure over bitcoin's environmental impact. The cryptocurrency relies on computers competing to solve elaborate math problems, which use huge amounts of electricity. A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, Musk's comments roiled markets even though he said Tesla would not sell any bitcoin and would resume accepting it as soon as "mining" for it transitioned to more sustainable energy.
Binance says 30% of blocked account cases are law enforcement-related
Crypto hashtags used on Twitter are different from those used on other social media platforms. Twitter is one of the most popular social media platforms for cryptocurrency fans and the crypto curious to discover, explore and learn about the latest news from the digital asset market. Crypto hashtags used on Twitter are different from those used on other social media platforms, Twitter is a much more versatile platform that allows you to reach a lot more people, which means knowing all the right hashtags to use will guarantee you a voice in the conversation. Fortunately, CoinCulture has listed the top 10 to follow. The Bitcoin account has 4.
Bitcoin drops after report Binance under U.S. probe, Tesla move
Bitcoin's price fell Friday morning after Elon Musk posted a tweet suggesting he's fallen out of love with the world's top cryptocurrency. The billionaire Tesla CEO tweeted a meme about a couple breaking up over the male partner quoting Linkin Park lyrics, adding the hashtag Bitcoin and a broken heart emoji. The cryptocurrency recovered slightly, but still remained in the red, after Square CEO Jack Dorsey tweeted on Friday morning that the digital payments company is considering creating a hardware wallet for bitcoin. Bitcoin was 4. ET on Friday, according to data from Coin Metrics. Other digital coins followed suit, with No.
#Reducecryptotax Trends On Twitter A Day After Budget 2022; Bitcoin Falls Over 5%
Binance Smart Chain is now the most followed cryptocurrency on Twitter. With that, BNB becomes even more followed on Twitter in comparison to Bitcoin, with Dogecoin being the third most followed crypto on Twitter. Social following can be a strong signal of a project or coin's success, as has previously been seen with the buzz around Dogecoin. Of course, in Dogecoin's case, Elon Musk has also talked about the cryptocurrency, thus spiking its popularity and making the memecoin's price increase massively. As of the moment, Dogecoin still remains the third most followed cryptocurrency on Twitter, with Binance Smart Chain taking the first place. CRO 1. One way for investors and traders to monitor the social buzz of certain cryptocurrencies online is through using tools like LunarCrush in order to get categories and rankings of upcoming cryptocurrencies. This tool can be used to find out the buzz about certain coins and how big their community might be.
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Written by Kevin Mwanza. Investors said that Binance blocked their accounts without any explanation and that they have been experiencing issues with the exchange since , according to Nairametrics. Twitter has been banned by the Nigerian government since June 5, , and was only reinstated on Jan. Twitter users shared screenshots of Binance customer care citing security and risk control as reasons for blocking accounts.
Let the scribe go to the record book