1. To approve only for the value of the transaction; 2. To remove always perpetual approves.
Cheers 🥂
Binance News
Mar 24
Victim Loses $329,743 Due to Phishing Approval Signed Over a Year Ago
According to PANews, a victim has suffered a loss of $329,743 due to a phishing approval signed 408 days ago, as monitored by Scam Sniffer. This incident highlights the ongoing risks associated with phishing attacks and the importance of vigilance in digital security.
The day when stock and bond transactions are also recorded on #Blockchain will also be the day when you can consolidate all your investment #portfolios into a single #wallet without closing any positions.
I need some advice and for this I turn to the largest crypto community, that is us 💪
The lock period of my $BNB is about to end, there are a few days left, and I don't know whether to block them again or use them in a different way, for example by lending on DeFi platforms after having transformed them into slisBNB to also earn from staking with ListaDAO.
By blocking them again I would continue to participate in Binance campaigns such as Lanchpool and Megadrop, by lending instead I would earn fractions of BNB for free.
Vitalik Buterin Warns of Risks Associated with Political Tokens
According to Odaily, Ethereum co-founder Vitalik Buterin recently expressed concerns on X about the significant risks posed by political tokens, particularly the potential for "unrestricted political bribery." He highlighted that over the past year, a new order has emerged where the world's most influential figures are encouraging the creation of various types of tokens, with no limits on their scale. Buterin emphasized that this issue goes beyond the contrast between short-term gratification and long-term value building, drawing a parallel between addictive modern mobile games and traditional games like chess or World of Warcraft. He believes that large-scale political tokens have transcended the realm of entertainment, becoming potential tools for unrestricted political bribery, possibly even involving foreign entities.
According to Deep Tide TechFlow, on January 23, as reported by Alternative Data, the cryptocurrency #Fear and #Greed #Index has dropped to 75 (down from 84 yesterday), indicating that market sentiment has shifted from "extreme greed" to "greed."
BNB Completes 30th Quarterly Burn: Over 1.63 Million BNB Destroyed Worth $1.16 Billion
The BNB Foundation has announced the completion of its 30th quarterly BNB token burn, marking another significant milestone in its commitment to maintaining token scarcity and promoting the ecosystem’s long-term health.Key Details of the BurnTotal BNB Burned: 1,634,200.95 BNBValue at Time of Burn: Approximately $1.16 billionAutomatic Burn: 1,524,200.95 BNBPioneer Burn (Anti-Black Hole Plan): 110,000 BNBThe quarterly burn incorporates two mechanisms:Automatic Burn: Adjusted dynamically based on BNB price and the total number of blocks generated on the BNB Chain.Anti-Black Hole Plan (Pioneer Burn): Used to address cases where unrecoverable BNB enters inaccessible wallets.Anti-Black Hole Plan DetailsThis burn includes 110,000 BNB tied to the BNB Beacon Chain, where pledged tokens left by validators were permanently removed from circulation due to the chain’s suspension. These tokens, considered to have entered a "black hole," are now destroyed. Validators affected by this transition will be compensated through the anti-black hole plan.
#AltSeason could arrive later than we all expect 👇
Binance News
Jan 22
Bitcoin May Experience Correction Or Consolidation For Months, Says CryptoQuant CEO
According to Odaily, CryptoQuant CEO Ki Young Ju recently stated on X that Bitcoin might undergo a correction or remain in a consolidation phase for several months. He expressed uncertainty about whether the bull market cycle has concluded, as other on-chain indicators continue to show bullish signals. He advised investors to exercise caution when using leverage.
I am always very interested in how to earn passive interest with my tokens and today I am writing about this topic with Bitcoin in mind.
New solutions and opportunities are emerging for $BTC holders, and this is great news!
Solutions such as re-staking and liquid staked tokens allow you to earn passive interest without blocking your liquidity within a platform, but rather being able to reinvest it elsewhere to earn additional passive interest!
On the BSC blockchain it is possible to use solutions such as Kinza and SolvBTC, for example.
Solv allows the 1:1 transformation of BTC (BTCB, WBTC etc... depending on the blockchain) into SolvBTC that can be reused for example on Venus, which just today adjusted upwards the passive interest offered to those who lend their SolvBTC.