Hundred Finance Suffers $7 Million Loss in Optimism Hack – Here's What Happened
Multi-chain lending protocol Hundred Finance has fallen victim to a hacking attack that enabled the theft of about $7 million worth of crypto. Here's the latest.
BITCOIN ABOUT TO SOAR INTO ‘BLOW-OFF TOP’ FOR SUMMER, SAYS MACRO ECONOMIST!!
Macro economist Henrik Zeberg says that Bitcoin (BTC) should skyrocket into the summer as fears of a recession ultimately subside.
According to Zeberg, a “blow-off top” is developing for stocks and crypto, mostly driven by a fall in fixed-income yields.
“Blow-off top developing. Key driver of [the] market rally will be the coming strong decline in yields. Economy in Goldilocks zone. Risk assets will soar into summer.”
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TimeStamps:
00:00 Trending
01:35 Market Watch
03:07 Bitcoin T.A.
06:37 Coinbase Will Win Lawsuit Against SEC, Predicts Pro-XRP Lawyer
08:38 US Dollar Suffering ‘Stunning Collapse’, Losing Reserve Status
11:16 Memecoins Giving Hints for Crypto Markets
13:36 Bitcoin enthusiast cracks known 12-word seed phrase in minutes
17:16 Bitcoin About To Soar Into ‘Blow-Off Top’ for the Summer
20:06 Live Q &A
Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3n6pdNZ
✔ Coinbase Will Win Lawsuit Against SEC, Predicts Pro-XRP Lawyer: https://bit.ly/3Aype07
✔ US Dollar Suffering ‘Stunning Collapse’, Losing Reserve Status: https://bit.ly/3LAwSO0
✔ Memecoins Giving Hints for Crypto Markets: https://bit.ly/3oOJhF5
✔ Bitcoin enthusiast cracks known 12-word seed phrase in minutes: https://bit.ly/3NiPHGr
✔ Bitcoin About To Soar Into ‘Blow-Off Top’ for the Summer: https://bit.ly/3AB2XPs
�� DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
#bitcoin #crypto #btc
Funds Not SAFU: Binance Suffers Major Exploit Worth 500 Million: How Patience Benefits PulseChain
#BNB #BSC #PulseChain
Today, I’m going to do an emergency livestream discussing what has happened with the Binance exploit and the details that are coming in as a result of this hack! I will also touch on how this precedent of exploits is why patience is such a necessary component of waiting for PulseChain to launch, so this doesn’t happen on PulseChain.
(00:00) Intro
(03:34) Analyzing the BSC Bridge Exploit address.
(5:22) Analyzing the transactions associated with this attack.
(07:04) Where were the assets stolen sent?
(08:00) When did the exploit occur and when did Binance realize what was going on?
(09:38) Analyzing CZ And Binance Tweets.
(12:36) Reddit post, cross-referencing conflicting information.
(14:48) What can we learn about patience surrounding PulseChain launching from this?
(18:00) Taking safety precautions.
(20:42) Checking BSC News Tweets And Articles.
(22:12) Ancilla Tweets.
(23:00) DeFi, a loose term.
(24:28) Token Approvals/Permissions, safety precautions such as revoking approvals. Tether blacklists address. Token Approval Revoke short tutorial.
(29:24) People assuming this exploit was just a “whale.”
(32:01) Reiterating why launching PulseChain perfectly is incumbent!!
(34:08) Cross-Chain interoperability solving the Blockchain Trilemma. How can it?
(36:50) AMA.
Please consider liking, subscribing, sharing and commenting on the video if you enjoy the content!
Please consider sending donations in the form of SuperChats/SuperLikes as it truly helps the channel!
Disclaimer: Cryptocurrency investing involves substantial risk, do not invest more than you can afford to lose! I am not responsible for any of your trades! *The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity. YouTube has the power to pull down videos at their own discretion as do I. I am not responsible if they go down and I may decide to take down videos at my own discretion if I find suspicious activity surrounding that project. I’d advise to save the video to post in the future.
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Hundred Finance loses $7 million in Optimism hack
Hundred Finance loses $7 million in Optimism hack
The attacker reportedly manipulated the exchange rate between ERC-20 tokens and hTOKENS to steal over $7 million from the protocol.
