Dentist Scammed of ₹81 Lakh on Cryptocurrency Investments | Curated CoinCodeCap #8 April 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
Our Blockshots Podcast 🎙️🎤
This week we speak to Rahul S., the CTO of Connext network, a protocol building primitives for blockchain interoperability. We discuss cross-chain bridges, multi-chain dapps and the UX challenges of current bridging solutions.
CBN Fines Four Banks in Nigeria For Violating Crypto Policy
On Wednesday, Bloomberg reported that four banks in Nigeria including Stanbic IBTC, and Access Bank Plc, did not follow the instructions to not allow customers from transacting in digital currencies. The Central Bank has fined the banks for the same. Keep Reading »
Cash App To Allow Users to Accept Paychecks in Bitcoin
In February, Cash App integrated Lighting Networking payments for its users and also processed small payments instantly and almost free of cost. However, in a presentation at Bitcoin 2022, the crypto product lead of Cash App, Miles Suter revealed a large number of bitcoin features that are to be added to their payments service. Keep Reading »
Is PolygonMatid Project a Scam?
According to this project’s Twitter Description, It is a deep derivative platform made on Polygon, which can realize convenient and more secure proof of interest mechanism. Also, It has a total supply of around 100,000,000 MATID tokens. Here is the link of its address. Keep Reading »
Is CryptoKingERC20 Project a Scam?
CryptoKingERC20 Project has seen a price drop of around more than 51%, and the Certik Team has reported that it appears to be leveraging unauthorized content for promotion. Keep Reading »
Shopper Platform Bolt acquires Wyre to “decentralize e-commerce” in a $1.5 billion deal
With the surge in crypto investments, people are seeing the growing utility of these digital assets and many companies are planning on integrating a gateway to have customers pay via crypto for goods and services. Bolt Financial Inc, an online checkout firm, announced on Thursday that it is acquiring cryptocurrency infrastructure provider Wyre Payments Inc to facilitate digital-currency payments on its platform. Keep Reading »
Revoke.cash Phishing Scam
Revoking a smart contract is a smart contract interaction in itself. If we ever need to revoke a smart contract, we should only use websites that we know and trust and make sure first to verify that they’re the actual site. Two sites that we can trust are Keep Reading »
Starstream Finance Hacked, Around $4M Stolen
By April-07-2022, 5 PM EDT, the hacker had transferred 900 ETH to Tornado Cash. Additionally, the hacker took advantage of the public execute
function in a DistributorTreasury
contract and withdrew STARS from the StarstreamTreasury
contract. Keep Reading »
Pi Network Phishing Scam
Twitter now deleted the scammer’s account. It had around 103K followers. It was promoting a scam Pi Token. Here is the link of the address of its token. This scam token had a supply of 1,000,000 Scam Pi coins. Keep Reading »
Crypto Klash Rug Pulled, Around $340K Stolen
As they have deleted everything, so much information is not available now. Cases of Rug Pulls are increasing nowadays as many countries are moving towards crypto adoption. So scammers are also increasing in this space. Developers create a project and then abandon it with the investors’ money. So, we recommend our readers stay alert and perform a good amount of research while buying crypto and NFTs. Keep Reading »
Is Entanmo a Scam Project?
Firstly, this project doesn’t even have a website. Neither Entanmo[.]com nor entanmo[.]io is online. But the Funny Part is that one of them is listed on CoinMarketCap and the other on EtherScan; however, both of them are on sale at GoDaddy. Keep Reading »
XRP lawsuit: Jeremy Hogan shares expectations on the Ripple-SEC case.
Ripple Labs raised USD 1.3 billion in funding by selling XRP tokens between 2013 and 2020. When the Securities and Exchange Commission (SEC) filed a formal complaint against Ripple Labs near the end of 2020, there were no indications from the SEC that Ripple was being monitored. Ripple was already active on over 200 exchanges at the time. Keep Reading »
Is MetalSwap a Scam Project?
Cryptometals are a group of blockchain-based metals that mimic the price behavior of real-world metals and provide the possibility of transacting anywhere and anytime for traders without the burdens of actually owning metals. Keep Reading »
Market Updates
FTM Price Analysis April 2022
FTM is a token of platform Fantom. Its current price is approximately $1.59, it had the lowest point of about $0.1533, and its market cap is roughly 4 billion US Dollars. Fantom announced a new incentive program for their ecosystem that the Fantom Foundation, in collaboration with Gitcoin Grants. Keep Reading »
LRC Price Analysis April 2022
LRC is a token of the crypto platform Loopring and can be currently bought at $1.19, with a low of $0.1747 and has a market cap of 1.4 billion dollars. Keep Reading »
Top 5 Meme Tokens to Buy This Month: SMI, DOGE, SHIB, ELON, SAMO
Meme tokens are a new kind of digital asset that is in demand more and more. They are inspired by internet memes and are intended to be used as a medium of exchange on websites and apps that allow users to share or trade them. Meme crypto tokens have been a considerable success lately, and we have seen an increase in their adoption. Here are the top 5 meme crypto tokens that you should buy this month. Keep Reading »
Crypto to Look Out for This Week BTC, ETH, ADA, SKL, CELO
Cryptocurrencies are a digital asset that has garnered an increasing amount of attention from the investment community. Many new companies are coming into space, and more are on the way. Here is a list of some of the cryptocurrencies you should look out for this week. Keep Reading »
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