99 Bitcoins

🇺🇸 More than $1.7 billion was bet on the U.S. presidential election on crypto-betting platform Polymarket Interestingly, only 12.7% of the platform's participants were in profit during the entire time, while 87.3% of the 171,113 crypto wallets failed to make money. Among those in the plus side, only 2,138 people earned more than $1,000, while the majority have profits of less than $100. 🪙 99Bitcoins

What is a bounty program? Bounty programs play a vital role in the industry and offer rewards to users for completing tasks. For example, a popular form of bounty program is bug bounty programs, which aim to identify vulnerabilities in a project’s software. Usually, the creators of a project make an announcement to the whole community, inviting everyone to help them find bugs and vulnerabilities and rewarding those who find critical ones. Rewards can be very, very high, reaching tens or even hundreds of thousands of dollars—it all depends on how critical a bug or vulnerability is. Other tasks may include promoting the project on social networks, creating content, or translating documents. Bounty programs are an innovative way for blockchain projects to gain fame, create a community, and improve their product or service, rewarding participants for their valuable contributions. Many sites aggregate bounty programs—you can easily find them on Google. 🪙 99Bitcoins

A $36 million loss due to a phishing transaction An unknown address lost about 15,079 fwDETH (about $36 million at the time) due to signing a phishing transaction. Lookonchain specialists believe that the wallet may belong to the investment company Continue Capital. 🪙 99Bitcoins

🙂Bitcoin mining in Ethiopia gets 600MW as country signals support for industry. 🪙 99Bitcoins

What is cloud mining? Cloud mining is the easiest way to mine crypto and only requires money (no special hardware). With cloud mining, users rent remote data centers to participate in the mining process. In other words, you just pay for a tariff plan, and the mining company specializing in powerful suitable hardware will do the rest. You don’t need to deal with setting up video cards at home and buying equipment—you just mine “remotely” and earn coins. Risks: Cloud mining should be approached with caution. Although it offers a convenient entry point into the world of cryptocurrencies, it also has its own set of risks. There are cases when fraudulent companies engage in cloud mining to take advantage of inexperienced investors. Therefore, it is crucial to DYOR and choose a reliable provider of cloud mining services. 🪙 99Bitcoins

🇰🇷 An antitrust investigation has been launched against Upbit, South Korea's largest crypto exchange. +1 negative news for the day related to the authorities of different countries. 🪙 99Bitcoins

🇨🇳 Has the Chinese government started selling 542,000 ETH or a new FUD? There are rumors on Twitter that China today moved 7,000 ETH of the 524,000 ETH confiscated from Puls Token in 2019 to exchanges. 🪙 99Bitcoins

Crypto scams: Clippers Unfortunately, we have yet another entry for our “Crypto scams” post, where we tell you how scammers take advantage of unsuspecting users. But we’ll also tell you how to steer clear of them, too.🙂 What are clippers? A clipper is harmful software that replaces a user’s crypto address with the scammer’s when the user goes to copy-paste it. Say you want to send 100 USDT to someone from your MetaMask wallet. Hacking it is next to impossible; however, infecting it with a clipper is certainly doable. If you download files without running them through an antivirus program, it’s possible you’ve downloaded this malware onto your computer. 1. You hit Ctrl+C to copy your friend’s wallet address. 2. When you open your MetaMask wallet, you hit Ctrl+V to paste your friend’s address in the recipient address field. 3. This is the moment when the scam mechanism kicks in: When you go to paste your friend’s address in the “Send to” field, the clipper instead pastes the scammer’s address (not your friend’s), sending your crypto to the scammer. Conclusion: The first thing you should do for your computer’s overall health is to install an antivirus program. Next, try to avoid downloading suspicious files from the internet. As a workaround, using a second device for your crypto activity isn’t a bad idea either (and use it only to store and send crypto). 🪙 99Bitcoins

🪙 HBO's main arguments that Peter Todd is Satoshi Nakamoto: ✅ In 2010, Todd left a suspicious comment under Nakamoto's post on the Bitcointalk forum on behalf of Satoshi from his own account (allegedly mixing up accounts); ✅ In 2010, Peter Todd was a student, and the timing of Satoshi's posts, coincides with a student's schedule; ✅ Nakamoto and Todd wrote texts in a British/Canadian style; ✅ Peter Todd implemented the replace-by-fee (RBF) concept discussed in the forum thread. Todd used the pseudonym “John Dillon” to promote RBF; ✅ Todd discussed “donating” BTC - presumably referring to the destruction of Satoshi coins. Todd now plans to sue HBO as they are putting his life in danger with their movie. 🪙 99Bitcoins

Crypto Speak: The rocket emoji🚀 The advent of messaging technologies presented us with myriad ways to express ourselves without typing words. People can now type strings of emojis and still convey comprehensible yet complex meanings. Emojis have even permeated Crypto Twitter, and today, we’ll decipher what the rocket “🚀” emoji means. If you remember, we discussed the meaning of “to the moon.” If you’re running out of character space in a tweet, you can replace “to the moon” with “🚀,” and it’ll mean the exact same thing! You may come across a stickler who claims that “to the moon” is a slow increase in price, whereas “🚀” is more of a quick shot to the moon. This may be true, but the final destination in both scenarios is the same😉 🪙 99Bitcoins

💥BlackRock claim that the adoption of crypto into people's daily lives is happening faster than it did with the internet and cell phones. 🪙 99Bitcoins

🧬 By the end of 2025, Solana will rise in price five times if Republican candidate Donald Trump wins the US presidential election. 🔷 Ethereum will rise to $7000 if Harris wins, to $10k - under Trump, such forecasts rolled out by analysts at multinational corporation Standard Chartered. 🪙 99Bitcoins

☄️ООН blames Tether and Telegram for the rise of cybercrime in Southeast Asia. 🪙 99Bitcoins

Bear market Yesterday, we went over the definition of a bull market, but today, we’ll talk about a “bear market.” A crypto bear market is the opposite of a bull market—i.e., a protracted period when prices decrease and stay low. There’s an old adage on Wall Street among investors and traders that describes markets succinctly: “Markets take the stairs up and the elevator down.” In a bear market, prices crash—and they crash hard and fast. When this happens, though, you see which crypto projects have a strong foundation and which ones don’t. Unfortunately, predicting when a bear market will strike next is impossible since many factors are at play, such as new stringent regulations, lower adoption numbers, negative news, and black swan events. Sometimes, bear markets are necessary for investors to snap out of their bull market euphoria and come back down to earth to separate the wheat from the chaff in their crypto portfolios. Part of what makes a bear market is the urge to sell investments; however, if you have confidence in projects you’ve invested in, more often than not, hodling until the market returns to a bull market is the better strategy. Meanwhile, bear markets aren’t always doom and gloom. Yes, prices tank, but this simply means that prices are now at a discount. So, if you’ve got a keen eye for projects that could see large gains when the market turns around, you could be in a prime position to see your portfolio appreciate exponentially. As always, everyone, please invest responsibly, DYOR before doing anything, and never invest more than you’re willing to lose. Investing carries inherent risks, and this post is neither a call to invest nor investment advice. 🪙 99Bitcoins

Major Crypto Events This Week 🚀 Dive into the most electrifying moments in the crypto universe with CryptoRank! 🔹 October 7: - Toshi snapshot period starts - STRD Airdrop Batch 7 distribution by Quasar - Wealth Generation Quest launches on Zignaly 🔹 October 8: - Concordium x VeritaTrust AMA event - Merge Madrid Web3 Summit starts - Eigenlayer $34.56M tokens unlock 🔹 October 9: - Stacks: Nakamoto Hard Fork - AI Marketplace by AITECH Launches - Community call by Mina Protocol 🔹 October 10: - PEPPER Airdrop by Chiliz - MultiversX Community Call - Fight League Mint by Ronin 🔹 October 11: - Aptos $96.36M tokens unlock - ABC Conclave 2024 event starts 🔹 October 12: - Web3 Fest UAE event starts 🔹 October 13: - ZIL Halving Proposal Vote by Zilliqa ends Stay ahead of the game with CryptoRank Drophunting: 🪙 99Bitcoins

Top 15 Сhains by Revenue in Q3 2024 Ethereum - $159M TRON - $151M Solana - $54.7M Base - $7.2M TON - $4.9M Injective - $4.0M BNB Chain - $3.4M Arbitrum - $3.3M Optimism - $2.9M Avalanche - $2.1M Scroll - $1.6M Linea - $1.6M NEAR Protocol - $1.6M Internet Computer - $1.2M Blast - $1.1M 🪙 99Bitcoins

GameFi. Today, we’ll discuss the intersection of decentralized finance (DeFi) and gaming—aka GameFi. GameFi, short for “game finance,” is the title for blockchain-based video games where players can earn in-game assets (crypto, game tokens, NFTs, etc.). This model, called “play-to-earn,” or P2E, lets gamers make money while playing. P2E isn’t the only GameFi format, however. There’s also move-to-earn, where users interact with the StepN app by walking to earn crypto for the number of steps they rack up. For the more adventurous, there’s even a sex-to-earn game =) On a more serious note, meanwhile, many GameFi games require some sort of initial payment or deposit. Always remember to DYOR and that investing carries inherent risks. 🪙 99Bitcoins

👀 How a trader turned $88k into $415 million and then lost it all He traded Tesla stock and grew his deposit from $88,000 to $415,000,000 in November 2021, but lost his fortune after the market crashed in 2022. After losing all of his capital, he sued the investment firm RBC Dominion Securities, which he hired to advise him, and blames the deposit drain on poor financial advice, saying they should have helped him preserve his wealth by recommending risk minimization strategies. Another example of how ruinous greed is and you should always lock in profits. Especially one like this. 🪙 99Bitcoins

💎After Gmail, Google highlights the verification mark for official websites in the Google search engine. In fact, this is one of the best new updates from Google. Accessing official websites through Google search engine results is a big obstacle, especially for non-specialists. Now, with one look, you can know the official websites of companies. 🪙 99Bitcoins

Crypto speak: Laser eyes👀 If you’re a Twitter denizen, you’ve most likely seen people’s profile pictures with added “laser eyes.” In a sense, it’s a meme that’s caught on on Crypto Twitter, but it’s a sign that the individual has a laser focus and is confident Bitcoin will one day hit $100,000, staying undeterred even during bear markets. 🪙 99Bitcoins