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 EtherHiding Why hackers may prefer Binances BNB Smart Chain

EtherHiding Why hackers may prefer Binances BNB Smart Chain


Published: 2023-10-20


1. Main topic: Ether hiding and hackers' preference for Binance BNB Smart Chain The article discusses the trend of hackers hiding their stolen Ether cryptocurrency through the Binance BNB Smart Chain. The author highlights how this emerging blockchain technology is being exploited by hackers due to its anonymity features,making it difficult to trace and recover stolen funds. By utilizing Binance's decentralized exchange and smart contracts,hackers can launder their stolen Ether more easily,increasing the challenges for law enforcement agencies and victims. The article points out the growing concern in the cryptocurrency community and the need for stricter regulations to address these security vulnerabilities.

2. Main topic: Risks of decentralized exchanges In this topic,the article explores the risks associated with decentralized exchanges,specifically those linked to hacked or stolen funds. The author emphasizes how decentralized exchanges,like Binance BNB Smart Chain,lack centralized oversight and regulatory controls,making them attractive to hackers seeking to exploit vulnerabilities and evade authorities. The decentralized nature of these platforms introduces challenges when it comes to investigating and recovering stolen funds,highlighting the need for enhanced security measures and regulatory frameworks to protect users.

3. Main topic: Implications for the cryptocurrency industry The article examines the broader implications of hackers preferring the Binance BNB Smart Chain and the need for the cryptocurrency industry to address the increasing risks of hacking and fraud. The author explains how these incidents can damage the reputation and trust in cryptocurrencies,hindering mainstream adoption and investment. The article points out that as the cryptocurrency ecosystem evolves,it is crucial to establish robust security measures,education initiatives,and collaboration between industry stakeholders and regulatory authorities to combat cybercrime and protect users. Overall,the article delves into the trend of hackers using the Binance BNB Smart Chain to hide stolen Ether,highlights the risks associated with decentralized exchanges,and underscores the implications for the cryptocurrency industry. It calls for increased regulatory measures and collaboration to address these security challenges and protect investors and users.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 63,006.00 1,674,230,996.05
2 ARS title=ARS 1,066.40 1,548,527,651.10
3 ETH title=ETH 3,179.01 1,384,494,657.66
4 SOL title=SOL 136.12 469,891,222.71
5 PEPE title=PEPE <0.01 269,492,467.08
6 ETHFI title=ETHFI 4.63 235,863,580.70
7 XRP title=XRP 0.51 170,689,773.34
8 ENA title=ENA 0.88 169,206,536.74
9 DOGE title=DOGE 0.14 166,713,023.45
10 WIF title=WIF 2.67 115,130,701.76
11 BONK title=BONK <0.01 90,948,634.06
12 NEAR title=NEAR 6.78 89,289,412.56
13 OP title=OP 2.51 75,192,688.43
14 AVAX title=AVAX 34.80 66,670,737.56
15 BOME title=BOME <0.01 65,402,500.70
16 RUNE title=RUNE 5.04 58,587,973.21
17 WAVES title=WAVES 2.60 54,517,094.56
18 GLM title=GLM 0.55 53,287,343.42
19 SEI title=SEI 0.64 50,369,529.60
20 TRX title=TRX 0.12 45,087,782.65
21 WLD title=WLD 4.72 44,642,256.19
22 FLOKI title=FLOKI <0.01 43,824,165.45
23 AR title=AR 34.48 43,565,180.07
24 MATIC title=MATIC 0.71 43,401,286.94
25 LTC title=LTC 83.44 41,680,383.32
26 ETC title=ETC 27.37 41,044,430.12

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 W 0.68 +11.53
2 Waves title=WAVES 2.60 +7.14
3 Sei title=SEI 0.64 +6.29
4 Orion title=ORN 1.74 +4.86
5 Golem title=GLM 0.55 +3.86
6 FC Barcelona Fan Token title=BAR 2.71 +2.50
7 Atlas Aggregator title=ATA 0.26 +2.43
8 BinaryX [OLD] title=BNX 1.01 +2.38
9 OAX title=OAX 0.22 +2.27
10 Ether.fi title=ETHFI 4.63 +1.98
11 Aevo title=AEVO 1.55 +1.64
12 Ethena title=ENA 0.88 +1.51
13 Enzyme title=MLN 21.39 +1.33
14 SafePal title=SFP 0.79 +0.99
15 Nano title=XNO 1.20 +0.84
16 Santos FC Fan Token title=SANTOS 6.44 +0.80
17 AC Milan Fan Token title=ACM 2.20 +0.69
18 Wing Finance title=WING 6.14 +0.66
19 Lido DAO title=LDO 2.11 +0.57
20 Paris Saint-Germain Fan Token title=PSG 5.33 +0.43
21 Ooki title=OOKI <0.01 +0.30
22 Fantom title=FTM 0.72 +0.13
23 AS Roma Fan Token title=ASR 4.01 +0.08
24 Avalanche title=AVAX 34.80 +0.06

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Galxe title=GAL 3.51 -21.76
2 Cats Of Sol title=COS 0.01 -16.92
3 LeverFi title=LEVER <0.01 -16.72
4 SSV Network title=SSV 47.42 -13.09
5 Maker title=MKR 2,800.00 -9.71
6 Polymesh title=POLYX 0.37 -9.47
7 aelf title=ELF 0.59 -8.51
8 Cartesi title=CTSI 0.20 -8.50
9 Akropolis title=AKRO <0.01 -8.43
10 Optimism title=OP 2.51 -8.32
11 Starknet title=STRK 1.19 -8.23
12 Mines of Dalarnia title=DAR 0.15 -8.12
13 Dymension title=DYM 3.43 -8.04
14 Numeraire title=NMR 23.58 -7.78
15 Pendle title=PENDLE 5.19 -7.76
16 Synapse title=SYN 0.93 -7.64
17 Celestia title=TIA 9.56 -7.54
18 Conflux title=CFX 0.22 -7.53
19 FarmBot title=FARM 79.19 -7.45
20 IQ title=IQ <0.01 -7.22
21 MANTRA title=OM 0.73 -7.17
22 Tensor title=TNSR 0.88 -7.05
23 Arweave title=AR 34.48 -6.95
24 Liquity title=LQTY 1.07 -6.88
25 NEAR Protocol title=NEAR 6.78 -6.72
26 Vite title=VITE 0.02 -6.55
27 IDEX title=IDEX 0.06 -6.43
28 Balancer title=BAL 3.74 -6.42
29 Magic title=MAGIC 0.77 -6.42
30 Ethernity Chain title=ERN 4.09 -6.37

Bitcoin's Greed and Fear Index.

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67
Greed

Global CryptoCurrency News

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1 Europe needs Airbus for the metaverse to become global Web4 leader 2024-04-29
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4 6 month low Ethereum fees suggest altseason is inbound Santiment 2024-04-29
5 DOJs Tornado Cash arguments show obvious disdain for privacy Lawyer 2024-04-29
6 Solo Bitcoin miner wins the 3125 BTC lottery solving valid block 2024-04-29
7 Google Clouds Web3 portal launch sparks debate in crypto industry 2024-04-28
8 DOJ challenges motion to dismiss Tornado Cash co founders charges 2024-04-28
9 Ionet responds to GPU metadata attack 2024-04-28
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12 Phoenix and Wasabi exit US market amid self custody wallet crackdown 2024-04-28
13 Google Cloud039s Web3 portal launch sparks debate in crypto industry 2024-04-28
14 Nvidia shares up 15 in 5 days Will AI crypto tokens follow 2024-04-27
15 DTCC rules out collateral for Bitcoin linked ETFs 2024-04-27
16 What is liquid staking and how does it work 2024-04-27
17 Franklin Templeton lists Ethereum ETF on DTCC 2024-04-27
18 Taiwan prosecutors target 20 year sentences for Ace Exchange suspects 2024-04-27
19 Apple reportedly courting OpenAI to develop AI features for iPhone 2024-04-27
20 Binance wants the court to know US governments position on USDC 2024-04-27
21 Custodia Bank takes case to higher court after March setback 2024-04-27
22 Liquid staking on BNB Smart Chain millions stuck in DeFi bridge contracts Finance Redefined 2024-04-27
23 Bitcoin price holds steady amid spot BTC ETF outflows and uptick in unfriendly regulation 2024-04-27
24 Bidens Homeland Security team taps tech elite for AI defense board 2024-04-27
25 EU DeFi regulations set to welcome big banks challenge crypto natives 2024-04-27
26 John Deaton files amicus brief in support of Coinbase appeal against SEC 2024-04-27
27 Crypto Biz X payment system Block moves into Bitcoin mining and more 2024-04-27
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48 FBI warning against crypto money transmitters appears to be aimed at mixers 2024-04-26
49 Solana sees dramatic increase in institutional portfolios CoinShares 2024-04-26
50 Giant buy signal Crypto whales transfer 13B to Coinbase 2024-04-26

US news that has a significant impact on the market

at news day date time
1 Employment Cost Index q/q Tuesday 30-04-2024 13:30
2 S&P/CS Composite-20 HPI y/y Tuesday 30-04-2024 14:00
3 HPI m/m Tuesday 30-04-2024 14:00
4 Chicago PMI Tuesday 30-04-2024 14:45
5 CB Consumer Confidence Tuesday 30-04-2024 15:00
6 ADP Non-Farm Employment Change Wednesday 01-05-2024 13:15
7 Final Manufacturing PMI Wednesday 01-05-2024 14:45
8 ISM Manufacturing PMI Wednesday 01-05-2024 15:00
9 JOLTS Job Openings Wednesday 01-05-2024 15:00
10 ISM Manufacturing Prices Wednesday 01-05-2024 15:00
11 Construction Spending m/m Wednesday 01-05-2024 15:00
12 Wards Total Vehicle Sales Wednesday 01-05-2024 15:15
13 Crude Oil Inventories Wednesday 01-05-2024 15:30
14 Federal Funds Rate Wednesday 01-05-2024 19:00
15 FOMC Statement Wednesday 01-05-2024 19:00
16 FOMC Press Conference Wednesday 01-05-2024 19:30
17 Challenger Job Cuts y/y Thursday 02-05-2024 12:30
18 Unemployment Claims Thursday 02-05-2024 13:30
19 Prelim Nonfarm Productivity q/q Thursday 02-05-2024 13:30
20 Prelim Unit Labor Costs q/q Thursday 02-05-2024 13:30
21 Trade Balance Thursday 02-05-2024 13:30
22 Factory Orders m/m Thursday 02-05-2024 15:00
23 Natural Gas Storage Thursday 02-05-2024 15:30
24 Average Hourly Earnings m/m Friday 03-05-2024 13:30
25 Non-Farm Employment Change Friday 03-05-2024 13:30
26 Unemployment Rate Friday 03-05-2024 13:30
27 Final Services PMI Friday 03-05-2024 14:45
28 ISM Services PMI Friday 03-05-2024 15:00
29 FOMC Member Williams Speaks Saturday 04-05-2024 00:45

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