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shark593news
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INITIA DESCENDS INTO CHAOS🦈 SPECIAL INVESTIGATION · SHARK593
Millions of dollars at risk and its blockchain halted.
What began as a security alert ended up becoming a serious incident for Initia.
On November 9, the team detected unauthorized access to its infrastructure. The investigation revealed that an attacker may have used a compromised Google Cloud key to access other internal systems and reach the platform hosting the network’s rollups.
The result? Five withdrawals were forged via the IBC protocol, unlocking assets that had been held in custody on the main blockchain.
INITIA DESCENDS INTO CHAOS
🦈 SPECIAL INVESTIGATION · SHARK593
Millions of dollars at risk and its blockchain halted.
What began as a security alert ended up becoming a serious incident for Initia.
On November 9, the team detected unauthorized access to its infrastructure. The investigation revealed that an attacker may have used a compromised Google Cloud key to access other internal systems and reach the platform hosting the network’s rollups.
The result? Five withdrawals were forged via the IBC protocol, unlocking assets that had been held in custody on the main blockchain.
Millions of dollars at risk and its blockchain halted.
What began as a security alert ended up becoming a serious incident for Initia.
On November 9, the team detected unauthorized access to its infrastructure. The investigation revealed that an attacker may have used a compromised Google Cloud key to access other internal systems and reach the platform hosting the network’s rollups.
The result? Five withdrawals were forged via the IBC protocol, unlocking assets that had been held in custody on the main blockchain.
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571
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Bearish
Verified
🚨🚨 BITCOIN EARTHQUAKE! 🚨🚨
MARA SELLS OFF 13,597 BTC.
The giant mining company converted approximately $1.1 billion worth of Bitcoin into cash. And the most unsettling part: its selling strategy isn’t over yet.
The crypto world has just received news that deserves attention. MARA Holdings, one of the major companies in the Bitcoin mining sector, confirmed the sale of 13,597 BTC, worth approximately $1.1 billion.
And here comes the unexpected twist...
The company used $750 million of the proceeds to completely repay its Bitcoin-backed loans. The transaction also freed up 17,477 BTC that had previously been pledged as collateral.
So what does it plan to do with its reserves now?
MARA intends to continue monetizing some of its Bitcoin holdings to raise liquidity and fund new opportunities in artificial intelligence infrastructure, while also meeting financial obligations and potentially buying back shares.
The decision marks a major strategic shift: a company that once championed holding on to the Bitcoin it mined is now considering using its reserves as fuel to finance its business transformation.
And here’s the big question:
ARE WE ENTERING A NEW ERA FOR BITCOIN MINERS, WHERE ARTIFICIAL INTELLIGENCE IS BEGINNING TO COMPETE FOR THE CAPITAL THAT WAS ONCE USED TO ACCUMULATE BTC?
The story is just beginning. 👀
#shark593 #Shark593News #bitcoin #MARA #InteligenciaArtificiala
🚨🚨 BITCOIN EARTHQUAKE! 🚨🚨
MARA SELLS OFF 13,597 BTC.
The giant mining company converted approximately $1.1 billion worth of Bitcoin into cash. And the most unsettling part: its selling strategy isn’t over yet.
The crypto world has just received news that deserves attention. MARA Holdings, one of the major companies in the Bitcoin mining sector, confirmed the sale of 13,597 BTC, worth approximately $1.1 billion.
And here comes the unexpected twist...
The company used $750 million of the proceeds to completely repay its Bitcoin-backed loans. The transaction also freed up 17,477 BTC that had previously been pledged as collateral.
So what does it plan to do with its reserves now?
MARA intends to continue monetizing some of its Bitcoin holdings to raise liquidity and fund new opportunities in artificial intelligence infrastructure, while also meeting financial obligations and potentially buying back shares.
The decision marks a major strategic shift: a company that once championed holding on to the Bitcoin it mined is now considering using its reserves as fuel to finance its business transformation.
And here’s the big question:
ARE WE ENTERING A NEW ERA FOR BITCOIN MINERS, WHERE ARTIFICIAL INTELLIGENCE IS BEGINNING TO COMPETE FOR THE CAPITAL THAT WAS ONCE USED TO ACCUMULATE BTC?
The story is just beginning. 👀
#shark593 #Shark593News #bitcoin #MARA #InteligenciaArtificiala
MARA SELLS OFF 13,597 BTC.
The giant mining company converted approximately $1.1 billion worth of Bitcoin into cash. And the most unsettling part: its selling strategy isn’t over yet.
The crypto world has just received news that deserves attention. MARA Holdings, one of the major companies in the Bitcoin mining sector, confirmed the sale of 13,597 BTC, worth approximately $1.1 billion.
And here comes the unexpected twist...
The company used $750 million of the proceeds to completely repay its Bitcoin-backed loans. The transaction also freed up 17,477 BTC that had previously been pledged as collateral.
So what does it plan to do with its reserves now?
MARA intends to continue monetizing some of its Bitcoin holdings to raise liquidity and fund new opportunities in artificial intelligence infrastructure, while also meeting financial obligations and potentially buying back shares.
The decision marks a major strategic shift: a company that once championed holding on to the Bitcoin it mined is now considering using its reserves as fuel to finance its business transformation.
And here’s the big question:
ARE WE ENTERING A NEW ERA FOR BITCOIN MINERS, WHERE ARTIFICIAL INTELLIGENCE IS BEGINNING TO COMPETE FOR THE CAPITAL THAT WAS ONCE USED TO ACCUMULATE BTC?
The story is just beginning. 👀
#shark593 #Shark593News #bitcoin #MARA #InteligenciaArtificiala
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918
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Bullish
🚨 YOUR KEYS COULD BE EXPOSED 🚨
IPHONE ALERT
A security vulnerability in iOS could allow a malicious app to access private files from other apps. If those files contain sensitive information from a crypto wallet, such as seed phrases or private keys, they could be exposed.
⚠️ BUT THERE’S ONE IMPORTANT THING TO NOTE:
So far, Binance says it has not identified any confirmed cases of cryptocurrency theft related to this vulnerability.
This does not mean that users’ funds have been stolen. It means there is a security risk that deserves attention.
The recommendation is to keep iOS up to date, avoid apps from unknown sources, and protect your seed phrases and private keys.
Shark593 warns: in crypto, prevention is also a way to protect your assets.
#shark593 #Shark593News #iPhone #CryptoSecurity #ciberseguridad
🚨 YOUR KEYS COULD BE EXPOSED 🚨
IPHONE ALERT
A security vulnerability in iOS could allow a malicious app to access private files from other apps. If those files contain sensitive information from a crypto wallet, such as seed phrases or private keys, they could be exposed.
⚠️ BUT THERE’S ONE IMPORTANT THING TO NOTE:
So far, Binance says it has not identified any confirmed cases of cryptocurrency theft related to this vulnerability.
This does not mean that users’ funds have been stolen. It means there is a security risk that deserves attention.
The recommendation is to keep iOS up to date, avoid apps from unknown sources, and protect your seed phrases and private keys.
Shark593 warns: in crypto, prevention is also a way to protect your assets.
#shark593 #Shark593News #iPhone #CryptoSecurity #ciberseguridad
IPHONE ALERT
A security vulnerability in iOS could allow a malicious app to access private files from other apps. If those files contain sensitive information from a crypto wallet, such as seed phrases or private keys, they could be exposed.
⚠️ BUT THERE’S ONE IMPORTANT THING TO NOTE:
So far, Binance says it has not identified any confirmed cases of cryptocurrency theft related to this vulnerability.
This does not mean that users’ funds have been stolen. It means there is a security risk that deserves attention.
The recommendation is to keep iOS up to date, avoid apps from unknown sources, and protect your seed phrases and private keys.
Shark593 warns: in crypto, prevention is also a way to protect your assets.
#shark593 #Shark593News #iPhone #CryptoSecurity #ciberseguridad
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