BitSwapNow retweeted
🚨 Community alert:
Blockaid's exploit detection system has identified an on-going exploit on the @veruscoin Verus-Ethereum Bridge (verus.io).
~$11.58M drained so far.
More details in🧵
BitSwapNow retweeted
1.
Another reminder: your biggest crypto risk usually isn’t the blockchain… it’s social engineering.
Fake support agents, phishing links, wallet drainers, SIM swaps — one bad click can wipe a portfolio.
Use non-custodial wallets, verify EVERY link twice, and swap safely without handing funds to sketchy middlemen.
[BitSwapNow](bitswapnow.com) has some solid security guides for staying protected.
2.
$19M stolen through manipulation and social engineering is insane.
People still underestimate how sophisticated these attacks have become.
Never trust random DMs, “support” accounts, or urgent wallet verification requests.
Cold storage + hardware wallets + verified swap platforms are becoming mandatory at this point.
[BitSwapNow Crypto Security Guides](bitswapnow.com/guides/crypto…)
3.
The crypto industry doesn’t have a hacking problem nearly as much as it has a human psychology problem.
Attackers don’t break wallets… they trick people into opening the door themselves.
Stay paranoid:
• Bookmark official sites
• Double-check wallet approvals
• Avoid custodial risks
• Never share seed phrases
Safe swapping matters too: [BitSwapNow](bitswapnow.com?)
4.
Every cycle creates smarter scammers.
Deepfake calls, fake exchange reps, cloned sites, malicious browser ads… this stuff is getting terrifyingly convincing.
Education is the real security layer most people skip.
Good breakdowns here for anyone new to crypto safety:
[BitSwapNow Security Articles](bitswapnow.com/guides/crypto…)
5.
Crazy how one social engineering crew can steal more than some protocols lose in exploits.
Protect yourselves out there:
✅ hardware wallet
✅ revoke old approvals
✅ separate hot/cold wallets
✅ avoid KYC leaks when possible
✅ verify URLs manually
And NEVER trust random Telegram “support.”
BitSwapNow retweeted
BREAKING: 🇺🇸 Fidelity has bought $132.7 million worth of Bitcoin and $154.6 million worth of Ethereum.
Whales are loading up every dip.
BitSwapNow retweeted
🚨TOKENIZED GOLD ON ETHEREUM UP 100%
The supply of tokenized GOLD has DOUBLED since the start of the year, now nearing $2.7B showing growing demand for on-chain RWA.
BitSwapNow retweeted
Asked @Grok to draw a picture of @GaryGensler. Very flattering, I think!
xitter.cf/i/grok/share/wkJ413tG0…
BitSwapNow retweeted
BREAKING: 🇺🇸 President-elect Donald Trump says, “Will be doing something great with crypto.”
BitSwapNow retweeted
In a matter of few months, Phoenix’s AI Utility Staking has grown rapidly and surpassed the milestone of 500,000 PHB, with @InkFinance being latest AI Ecosystem partner to stake (more details of this to come).
Current applications, use cases, and synergies for our utility staking partners include but are not limited to AI trading, decentralized compute infrastructure, AI agents, AI-powered DeSci, and vertical use-case LLMs.
Phoenix is at the forefront of driving real world application-specific adoption of decentralized AI infrastructure – and this is just the beginning.
#Phoenix $PHB
BitSwapNow retweeted
"Not your keys, not your crypto" doesn't really reflect the reality.
Wallet security is a multi-dimensional spectrum that is far more complex than the custodial vs non-custodial dichotomy so @riyazdf and I wrote a guide to web3 key management.
a16zcrypto.com/wallet-securi…
BitSwapNow retweeted
Bing Bong missed you.
We’re back with the hottest party in Singapore.
September 20, 2024.
It’s the only place to be.😈
BitSwapNow retweeted
OpenSea has received a Wells notice from the SEC.
We're shocked that the SEC would make a move that threatens creators and artists, and we're ready to stand up and fight for our industry.
OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities.
We're shocked the SEC would make such a sweeping move against creators and artists. But we're ready to stand up and fight.
Cryptocurrencies have long been in the crosshairs of the SEC, and companies like @coinbase, @Uniswap, @RobinhoodApp, @krakenfx, and @Consensys have been fighting against the SEC's single-track approach of "regulation by enforcement."
But this is a move into uncharted territory. By targeting NFTs, the SEC would stifle innovation on an even broader scale: hundreds of thousands of online artists and creatives are at risk, and many do not have the resources to defend themselves.
NFTs are fundamentally creative goods: art, collectibles, video game items, domain names, event tickets, and more.
We should not regulate digital art in the same way we regulate collateralized debt obligations.
As we've built OpenSea, we've heard so many stories about the impact of NFTs on people’s lives, including:
• Student artists finding full-time careers in selling their digital art
• Indie game developers instantly enabling open markets for their in-game items, without having to build marketplaces from scratch
• Passionate collectors from different corners of the world joining new communities, all centered around shared digital ownership
It would be a terrible outcome if creators stopped making digital art because of regulatory saber-rattling. Take, for example, the suit filed against the SEC by the musician @songadaymann and conceptual artist @brianlfrye, which describes their fear that the sale of their art and music could be deemed unregistered securities offerings.
In addition to standing our own ground, we're pledging $5M to help cover legal fees for NFT creators and devs that receive a Wells notice. Every creator, big or small, should be able to innovate without fear.
I hope the SEC will come to its senses sooner rather than later, and that they'll listen with an open mind.
Until then, we'll stand up and fight for our industry.
Onwards 🌊⛵️
BitSwapNow retweeted
We are excited to unveil Phoenix’s Specialized LLM On-Demand, which signifies yet the newest technology advancement in Phoenix’s decentralized AI ecosystem, enabling users to create, deploy, and scale their own custom specialized knowledge LLM within minutes.
The power and value of custom domain-expertise focused LLMs are paramount – they enable enterprises, teams, organizations, and individuals to connect and upload specialized data and information sources to enhance the domain knowledge of their custom LLM in real-time. This effectively allows for quick creation of LLMs for research, chatbots, customer service, collaboration, and automation AI agents.
SkyNet will enable codeless creation and deployment of such custom LLMs, as well as effortless scaling via our AI elastic compute node network.
The future of the democratization of AI starts soon. Stay tuned. $PHB
BitSwapNow retweeted
We are partnering with @chirpley to boost our brand presence and community engagement on Social Media.
Chirpley is an influencer marketplace connecting brands with nano-micro influencers, for tailored, and seamless user generated content marketing, community building, conversion optimisation, and more.
Stay tuned for updates! 🏔️🐦
⚡️Chirpley partners up with @HorizonProtocol, a swift decentralized derivatives trading & liquidity protocol.
Chirpley will help Horizon Protocol onboard new users through brand awareness and organic marketing initiatives and foster community engagement across the platform’s features.
Horizon offers various features to bring flexibility, cost-efficiency, and lightning speed to your trading experience. Explore futures trading, staking, and spot trading on one platform.