“Coin News Daily” is a themed report launched by the all-in-one learning platform “Chain Learning.” It carefully selects several important cryptocurrency news and expert opinions from the industry every day, highlighting key points for readers and keeping them informed of industry trends.
Microsoft App Store Scam: Hackers Steal Hundreds of Thousands of Dollars in Cryptocurrency
Recently, a fake application claiming to be the popular cryptocurrency wallet Ledger was listed on the official Microsoft App Store. As a result, unsuspecting users who downloaded the app suffered losses of hundreds of thousands of dollars in cryptocurrency.
Blockchain analyst ZachXBT stated that hackers were able to steal 16.8 Bitcoins, as well as over $180,000 worth of Ether and Binance Coin (BNB), by tricking users into downloading this malicious application. Microsoft has already removed the app from the store and issued a public announcement regarding this incident.
“The Secret to Wealth in the Cryptocurrency Bull Market!”
by Web3 researcher ionicXBT
ionicXBT recently shared on Twitter a few strategies to make significant profits during rare bull market cycles.
Firstly, he suggests accumulating a substantial amount of cash reserves. Secondly, instead of buying Bitcoin (BTC) or Ether (ETH), he advises focusing on newly established coins with a market capitalization below $100 million, preferably less than two years old.
ionicXBT also emphasizes the importance of selecting coins that have a solid foundation in fields such as artificial intelligence, data, privacy, gaming, and zero-knowledge proofs (ZK). He believes that patience is key and urges investors not to rush into action. This strategy has the potential to achieve returns of 10 to 20 times during a bull market, making it the best time to sell when non-Twitter users start asking for advice.
“The Simpsons” Mocks NFTs, Disney Already Laid the Groundwork in 2021
The famous satirical cartoon “The Simpsons” recently mocked NFTs and blockchain technology in its latest episode, using a hilariously funny approach.
In this episode, Bart was transported to the world of “BlockTrain” and transformed into an NFT. His mother, Marge, continuously “destroyed” well-known NFTs in the search for her son. The episode featured various popular NFT characters resembling Bored Ape Yacht Club (BAYC), CryptoPunks, Doodles, Axie Infinity, and many others.
Interestingly, Disney’s digital collectibles brand VeVe launched “The Simpsons” NFTs back in November 2021, offering a three-month Disney+ subscription as a bonus with the purchase. The initial price was $60, while the current floor price for the Homer Skateboarding NFT is $118.
Musk AI Robot Released! Meme Coin GROK Coin Goes Viral
Elon Musk’s social platform, X.com (Twitter), recently launched the latest AI chatbot called Grok, providing users with a more convenient experience with X. However, around 400 GROK-related tokens were issued by anonymous developers over the weekend, with a total market value reaching millions of dollars.
Unfortunately, some of the issuers had malicious intent, and at least ten GROK coins have already disappeared, causing a loss of over $1 million in liquidity for token holders. This kind of trend is not uncommon in the cryptocurrency world, and meme coin crazes usually fade away quickly.
️Further Reading:
Mocking SBF: How Venomous is Elon Musk-style AI Chatbot “Grok”?
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Chain Learning
Proofread and edited by: Gao Jingyuan