EU Financial Regulators Warn Consumers on the Risks of Crypto Assets | Curated CoinCodeCap #19 March 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.
Flashloan Attack on APE Airdrop
Twitter User Will Sheehan was the first one to report this transaction. Firstly, the attacker borrowed BAYC tokens that can be redeemed to NFTs and then used these NFTs to claim the AirDrop. After that, the attacker mint the BAYC tokens using the BAYC NFTs to return the flashloan. Lastly, the attacker got the AirDrop APE tokens through this process. Keep Reading »
Is MoonPro Token a Scam?
Firstly, only Elon()
function can transfer the token. Then the onlyElon()
will invoke Tesla()
function, which further fires(DOGE())
. During the fire function, it’s a delegatecall
to another contract. When a contract makes a function call using delegatecall
it loads the function code from another contract and executes it as if it were its own code. Using this call, it can hide its intention and make the static analysis tool ineffective. Keep Reading »
Blockfi user data leaked in a Hubspot Security Breach
After Coinbase was alleged to sell unregulated securities, crypto users have been alarmed. In addition, scams and security breaches have been causing trouble to the market almost every day. For example, on March 18, BlockFi reported that they had been informed about a “data incident” at one of their third-party vendors called Hubspot. Keep Reading »
Market Updates
Bitcoin On-Chain analysis 12 March to 19 March 2022
On-Chain Analytics and Derivatives from a pure price structure standpoint, Bitcoin has now been consolidating for roughly 2 months now. From an on-chain perspective, this is visualized by URPD, which is very similar to traditional volume. The only difference is that this shows you the amount of Bitcoin’s money supply that has last moved at each denominated price level, making it more dynamic. Keep Reading »
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