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On January 27, 2022, Qubit Finance (DeFi) lost around $80M worth of Binance Coin due to a flaw in the smart contract that enabled the withdrawal of the said amount in exchange for a deposit of 0 ETH. [34] In March 2022, [35] the largest cryptocurrency theft of the year, US$625 million in ether and USD coin was stolen from the Ronin Network ...
SafeMoon was released in March 2021. A compound of "Safe" and "Moon". The token was released with the slogan of landing "Safely to the moon", derived from the slang phrase used in the cryptocurrency community; "To the moon" which is used to describe a crypto token "to quickly rise in price".
The black money scam, sometimes also known as the "black dollar scam" or "wash wash scam", is a scam where con artists attempt to fraudulently obtain money from a victim by convincing them that piles of banknote-sized paper are real currency that has been stained in a heist. The victim is persuaded to pay fees and purchase chemicals to remove ...
Crypto exchange Binance.US said on Thursday it is stopping U.S. dollar deposits and users will soon not be able to withdraw dollars from the exchange, after U.S. financial regulators said they ...
‘The Dollar is Toast’ Speaking with Kim Hughes on the Sane Crypto Podcast in which he excoriated the dollar, ‘Rich Dad, Poor Dad’ Author Is Bullish on Bitcoin, Says USD Is a Scam Skip to ...
Binance Holdings Ltd., branded Binance, is a global [8] company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance was initially based in China, then moved to Japan ...
Binance themselves addressed the controversy saying that they do not accept donations from altcoin campaigns, disproving Save the Kids's claim that they had donated over US$80,000 to the charity. [5] The project is believed to have been abandoned, and the website has since been taken offline.
To promote the coins, marketers falsely claimed that Nancy Pelosi intended to ban them. Many posts compared Trump coins to bitcoin , claiming that their price was going to increase. [ 1 ] Some promotion, such as on TikTok , used synthesized audio of Trump endorsing the products.