I RedOne I
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Network and Systems Engineer | IT Specialist | MCSE | Cybersecurity & Blockchain enthusiast |
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The Unbreakable Code: How 2²⁵⁶ Protects Your Bitcoin ⭐
Bitcoin's Unbreakable Vault: The Mathematics of Cryptographic Security
The foundation of Bitcoin's security lies not in firewalls or guarded servers, but in the immutable laws of mathematics, specifically through its use of cryptographic keys. Each Bitcoin wallet is secured by a pair of keys: a public address, which is shared openly to receive funds, and a private key, which is kept absolutely secret to authorize spending. The system's legendary security stems from the one-way nature of the Elliptic Curve Digital Signature Algorithm #ECDSA it employs.
Generating a public address from a private key is a straightforward computational process. However, reversing this operation—deducing the #PrivateKey from its corresponding public address is designed to be computationally infeasible. The private key is an astronomically large random number, one of approximately 2^256 (or 10^77) possible combinations. To visualize this scale, this number far exceeds the count of all atoms in the observable universe.
Attempting to "guess" or brute-force a specific private key, like one belonging to the enigmatic creator Satoshi Nakamoto's early wallets, is an exercise in futility. Even with the combined computing power of every supercomputer on Earth running for billions of years, the probability of success remains effectively zero. This is not a matter of improving technology; it is a fundamental mathematical barrier. The energy cost alone for such an attempt would dwarf the global economy.
This cryptographic design creates a paradigm of true digital ownership. #CryptographicSecurity
Your Bitcoin is secured by mathematical proof, not by the permission of a bank or government. It cannot be confiscated through force or copied like a file—it can only be moved by the holder of the private key. #DigitalSignature
While users must guard against phishing, malware, and personal key mismanagement, the underlying protocol itself has remained impregnable since its inception. Satoshi's untouched fortune, likely locked in wallets with lost or deliberately unused keys, stands as the ultimate testament to this cryptographic strength.
#Encryption
It proves that in the digital realm, mathematics can create a vault more secure than any physical one, establishing scarcity and ownership through pure, unbreakable code.
The foundation of Bitcoin's security lies not in firewalls or guarded servers, but in the immutable laws of mathematics, specifically through its use of cryptographic keys. Each Bitcoin wallet is secured by a pair of keys: a public address, which is shared openly to receive funds, and a private key, which is kept absolutely secret to authorize spending. The system's legendary security stems from the one-way nature of the Elliptic Curve Digital Signature Algorithm #ECDSA it employs.
Generating a public address from a private key is a straightforward computational process. However, reversing this operation—deducing the #PrivateKey from its corresponding public address is designed to be computationally infeasible. The private key is an astronomically large random number, one of approximately 2^256 (or 10^77) possible combinations. To visualize this scale, this number far exceeds the count of all atoms in the observable universe.
Attempting to "guess" or brute-force a specific private key, like one belonging to the enigmatic creator Satoshi Nakamoto's early wallets, is an exercise in futility. Even with the combined computing power of every supercomputer on Earth running for billions of years, the probability of success remains effectively zero. This is not a matter of improving technology; it is a fundamental mathematical barrier. The energy cost alone for such an attempt would dwarf the global economy.
This cryptographic design creates a paradigm of true digital ownership. #CryptographicSecurity
Your Bitcoin is secured by mathematical proof, not by the permission of a bank or government. It cannot be confiscated through force or copied like a file—it can only be moved by the holder of the private key. #DigitalSignature
While users must guard against phishing, malware, and personal key mismanagement, the underlying protocol itself has remained impregnable since its inception. Satoshi's untouched fortune, likely locked in wallets with lost or deliberately unused keys, stands as the ultimate testament to this cryptographic strength.
#Encryption
It proves that in the digital realm, mathematics can create a vault more secure than any physical one, establishing scarcity and ownership through pure, unbreakable code.
ປັກໝຸດ
#Blockstream is a top tech firm that builds the core systems for Bitcoin and other financial blockchains
Started in 2014 by people like Adam Back it works to improve Bitcoins growth safety and capacity
The company makes tools for businesses such as the Liquid Network which is a separate chain for quick private transfers
It also helps develop open source software including the c lightning version of the Lightning Network
A key project is Blockstream Satellite
This system sends the Bitcoin ledger data from space using satellites in fixed positions above Earth
It covers most of the planet at no cost
The aim is to keep Bitcoin strong and free from blockage
The satellite lets people in areas with bad costly or restricted internet operate a full Bitcoin node
This boosts the networks spread by not needing ground based internet and protects against big web failures
Offering this service free is a strategic move by Blockstream
It supports the durability and worldwide reach of Bitcoin
This helps cement Bitcoin as a vital permanent and global money system
#Decentralized #CensorshipResistant #BitcoinFromSpace #CryptoForAll
$BTC $BNB
Started in 2014 by people like Adam Back it works to improve Bitcoins growth safety and capacity
The company makes tools for businesses such as the Liquid Network which is a separate chain for quick private transfers
It also helps develop open source software including the c lightning version of the Lightning Network
A key project is Blockstream Satellite
This system sends the Bitcoin ledger data from space using satellites in fixed positions above Earth
It covers most of the planet at no cost
The aim is to keep Bitcoin strong and free from blockage
The satellite lets people in areas with bad costly or restricted internet operate a full Bitcoin node
This boosts the networks spread by not needing ground based internet and protects against big web failures
Offering this service free is a strategic move by Blockstream
It supports the durability and worldwide reach of Bitcoin
This helps cement Bitcoin as a vital permanent and global money system
#Decentralized #CensorshipResistant #BitcoinFromSpace #CryptoForAll
$BTC $BNB
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The Security Advantages of a Custodial Exchange Wallet (Binance)
A Binance "keyless" wallet, known as a custodial wallet, offers significant security advantages, particularly for new or less technical users. The primary benefit is that Binance manages the complex private key security on your behalf. This eliminates the single biggest risk in crypto: permanently losing your own keys. Binance employs enterprise-grade security, including multi-signature cold storage for most assets, advanced encryption, and constant 24/7 monitoring against threats. Furthermore, it provides account recovery options if you lose access. For those who prioritize a simplified, guarded experience over full personal control, a platform like Binance provides a robust and secure environment, reducing individual responsibility and technical risk.
#KeylessWallet #SAFU🚩 #0xR13
$BNB
A Binance "keyless" wallet, known as a custodial wallet, offers significant security advantages, particularly for new or less technical users. The primary benefit is that Binance manages the complex private key security on your behalf. This eliminates the single biggest risk in crypto: permanently losing your own keys. Binance employs enterprise-grade security, including multi-signature cold storage for most assets, advanced encryption, and constant 24/7 monitoring against threats. Furthermore, it provides account recovery options if you lose access. For those who prioritize a simplified, guarded experience over full personal control, a platform like Binance provides a robust and secure environment, reducing individual responsibility and technical risk.
#KeylessWallet #SAFU🚩 #0xR13
$BNB
I RedOne I
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Which do you prefer more to use ?
Which do you prefer more to use ?
custodial wallet
non-custodial wallet
6 ມື້ທີ່ຍັງເຫຼືອ
Bitcoin has registered one of the rarest historical signals in its price trajectory after its valuation against gold hit an all-time low. This development strengthens expectations of a strong bullish wave that could propel the digital currency to new record highs during 2026.
Bitcoin is trading around $95,048, coinciding with the decline of the Z-score for the Bitcoin-to-Gold ratio (BTC/XAU) below the -2 level. This reflects Bitcoin trading at more than two standard deviations below its historical average—a rare condition previously associated with the formation of major price bottoms.
Historical data indicates that whenever the indicator reached this zone in previous cycles, Bitcoin significantly outperformed gold. For instance, following the November 2022 signal, Bitcoin surged by approximately 150% within one year, while the price jumped by over 1,170% after a similar signal in March 2020.
Analysts believe that strong rallies in gold often precede the most accelerated phases of Bitcoin's gains. The digital currency tends to achieve sharp price expansions after gold breaks its long-term trend, with a time lag ranging from two months to over a year.
#BTC100kNext? #MarketRebound #USJobsData #BTCVSGOLD
Bitcoin is trading around $95,048, coinciding with the decline of the Z-score for the Bitcoin-to-Gold ratio (BTC/XAU) below the -2 level. This reflects Bitcoin trading at more than two standard deviations below its historical average—a rare condition previously associated with the formation of major price bottoms.
Historical data indicates that whenever the indicator reached this zone in previous cycles, Bitcoin significantly outperformed gold. For instance, following the November 2022 signal, Bitcoin surged by approximately 150% within one year, while the price jumped by over 1,170% after a similar signal in March 2020.
Analysts believe that strong rallies in gold often precede the most accelerated phases of Bitcoin's gains. The digital currency tends to achieve sharp price expansions after gold breaks its long-term trend, with a time lag ranging from two months to over a year.
#BTC100kNext? #MarketRebound #USJobsData #BTCVSGOLD
· The specialized analytics platform CryptoQuant warned that Bitcoin may face a new downward wave in 2026 if it fails to reclaim the yearly moving average, as the current price movement suggests it is merely a “rebound within a bear market” similar to what happened in 2022.
According to the platform’s weekly report, Bitcoin has risen by about 21% since November 21. However, this uptick is not enough to confirm a sustainable bullish reversal, as the price is still moving below the 365-day moving average, situated near the $101,000 level, which represents a crucial technical resistance barrier.
The report explained that Bitcoin declined by 19% after breaking below the yearly moving average, indicating the beginning of a bear market, before rebounding by nearly the same percentage and approaching this level again without successfully surpassing it. CryptoQuant noted that a similar scenario occurred in 2022, when the price dropped by about 27% after falling below the yearly moving average, then rebounded by 47% before being rejected and resuming its downward trend.
$BTC #BTC100kNext? #MarketRebound
According to the platform’s weekly report, Bitcoin has risen by about 21% since November 21. However, this uptick is not enough to confirm a sustainable bullish reversal, as the price is still moving below the 365-day moving average, situated near the $101,000 level, which represents a crucial technical resistance barrier.
The report explained that Bitcoin declined by 19% after breaking below the yearly moving average, indicating the beginning of a bear market, before rebounding by nearly the same percentage and approaching this level again without successfully surpassing it. CryptoQuant noted that a similar scenario occurred in 2022, when the price dropped by about 27% after falling below the yearly moving average, then rebounded by 47% before being rejected and resuming its downward trend.
$BTC #BTC100kNext? #MarketRebound
🌍 Crypto Tax Atlas 2025
🟢 Tax-Free Havens (0%)
(Zero Capital Gains Tax on Crypto)
UAE, Cyprus, Portugal, Panama, Singapore, Malta, Barbados, Bermuda, Cayman Islands, Hong Kong, Mauritius, Vanuatu, Gibraltar, Liechtenstein, Slovenia, Switzerland, Uruguay, El Salvador, Puerto Rico, Thailand, Turkey, Dominican Republic, Croatia, Germany, Belgium, Luxembourg, Taiwan, Indonesia, Malaysia, Bahrain.
⚪ Low-Tax Jurisdictions (<10%)
(Significant tax advantage)
· Netherlands — 1.8–5.5%
· Argentina — 5–15%
· Canada — 7.5–16.5%
· Brazil — 15–22.5%
· Colombia — 15%
· South Africa — 18%
· Israel — 20%
· South Korea — 20%
· Vietnam — 20%
🟡 Standard Tax Jurisdictions (10%–30%)
(Global average tax range)
· New Zealand — 10.5–39%
· USA — 15–20%
· UK — 18–24%
· Philippines — 20%
· Sweden — 30%
· India — 30%
· Bangladesh — 30%
· Italy — 26%
· Spain — 23%
· France — 30%
· Ireland — 33%
· Finland — 33–34%
· Norway — 22%
· Estonia — 20%
· Latvia — 20%
· Lithuania — 20%
· Czech Republic — 19%
· Nigeria — 10%
· Japan — 5–55% (Progressive)
· Australia — 0–22.5% (CGT Discount)
🔴 High-Tax Territories (30%+)
(Aggressive tax regimes)
· Denmark — 37–52%
· Iceland — 31–46%
· Albania — 15–23%
· Russia — 13%
· Switzerland — Varies by canton
⚫ Restricted / Banned Jurisdictions
(No legal trading framework)
China, Algeria, Egypt, Iraq, Morocco, Bolivia
🔔 Disclaimer: This is a simplified guide for 2025. Tax laws are complex and change frequently. Rates may apply to capital gains, income, or both. Always consult a local tax professional for your specific situation.
#BTC100kNext? #MarketRebound #StrategyBTCPurchase #USJobsData #0xR13
$DUSK $BTC
🟢 Tax-Free Havens (0%)
(Zero Capital Gains Tax on Crypto)
UAE, Cyprus, Portugal, Panama, Singapore, Malta, Barbados, Bermuda, Cayman Islands, Hong Kong, Mauritius, Vanuatu, Gibraltar, Liechtenstein, Slovenia, Switzerland, Uruguay, El Salvador, Puerto Rico, Thailand, Turkey, Dominican Republic, Croatia, Germany, Belgium, Luxembourg, Taiwan, Indonesia, Malaysia, Bahrain.
⚪ Low-Tax Jurisdictions (<10%)
(Significant tax advantage)
· Netherlands — 1.8–5.5%
· Argentina — 5–15%
· Canada — 7.5–16.5%
· Brazil — 15–22.5%
· Colombia — 15%
· South Africa — 18%
· Israel — 20%
· South Korea — 20%
· Vietnam — 20%
🟡 Standard Tax Jurisdictions (10%–30%)
(Global average tax range)
· New Zealand — 10.5–39%
· USA — 15–20%
· UK — 18–24%
· Philippines — 20%
· Sweden — 30%
· India — 30%
· Bangladesh — 30%
· Italy — 26%
· Spain — 23%
· France — 30%
· Ireland — 33%
· Finland — 33–34%
· Norway — 22%
· Estonia — 20%
· Latvia — 20%
· Lithuania — 20%
· Czech Republic — 19%
· Nigeria — 10%
· Japan — 5–55% (Progressive)
· Australia — 0–22.5% (CGT Discount)
🔴 High-Tax Territories (30%+)
(Aggressive tax regimes)
· Denmark — 37–52%
· Iceland — 31–46%
· Albania — 15–23%
· Russia — 13%
· Switzerland — Varies by canton
⚫ Restricted / Banned Jurisdictions
(No legal trading framework)
China, Algeria, Egypt, Iraq, Morocco, Bolivia
🔔 Disclaimer: This is a simplified guide for 2025. Tax laws are complex and change frequently. Rates may apply to capital gains, income, or both. Always consult a local tax professional for your specific situation.
#BTC100kNext? #MarketRebound #StrategyBTCPurchase #USJobsData #0xR13
$DUSK $BTC
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🌍 Crypto Tax by Country in 2025:
🇦🇪 UAE — 0%
🇨🇾 Cyprus — 0%
🇵🇹 Portugal — 0%
🇵🇦 Panama — 0%
🇸🇬 Singapore — 0%
🇲🇹 Malta — 0%
🇧🇧 Barbados — 0%
🇧🇲 Bermuda — 0%
🇰🇾 Cayman Islands — 0%
🇭🇰 Hong Kong — 0%
🇲🇺 Mauritius — 0%
🇻🇺 Vanuatu — 0%
🇬🇮 Gibraltar — 0%
🇱🇮 Liechtenstein — 0%
🇸🇮 Slovenia — 0%
🇨🇭 Switzerland — 0%
🇺🇾 Uruguay — 0%
🇸🇻 El Salvador — 0%
🇵🇷 Puerto Rico — 0%
🇹🇭 Thailand — 0%
🇹🇷 Turkey — 0%
🇩🇴 Dominican Republic — 0%
🇭🇷 Croatia — 0%
🇩🇪 Germany — 0%
🇧🇪 Belgium — 0%
🇱🇺 Luxembourg — 0%
🇹🇼 Taiwan — 0%
🇮🇩 Indonesia — 0%
🇲🇾 Malaysia — 0%
🇧🇭 Bahrain — 0%
⚪ Low Crypto Tax Countries (Under 10%):
🇳🇱 Netherlands — 1.8–5.5%
🇦🇷 Argentina — 5–15%
🇨🇦 Canada — 7.5–16.5%
🇧🇷 Brazil — 15–22.5%
🇨🇴 Colombia — 15%
🇿🇦 South Africa — 18%
🇮🇱 Israel — 20%
🇰🇷 South Korea — 20%
🇻🇳 Vietnam — 20%
🟡 Mid-Range Crypto Tax Countries (10%–30%):
🇳🇿 New Zealand — 10.5–39%
🇺🇸 USA — 15–20%
🇬🇧 UK — 18–24%
🇵🇭 Philippines — 20%
🇸🇪 Sweden — 30%
🇮🇳 India — 30%
🇧🇩 Bangladesh — 30%
🇮🇹 Italy — 26%
🇪🇸 Spain — 23%
🇫🇷 France — 30%
🇮🇪 Ireland — 33%
🇫🇮 Finland — 33–34%
🇳🇴 Norway — 22%
🇪🇪 Estonia — 20%
🇱🇻 Latvia — 20%
🇱🇹 Lithuania — 20%
🇨🇿 Czech Republic — 19%
🇳🇬 Nigeria — 10%
🇯🇵 Japan — 5–55%
🇦🇺 Australia — 0–22.5%
🔴 High Tax / Wealth Confiscation (30%+):
🇩🇰 Denmark — 37–52%
🇮🇸 Iceland — 31–46%
🇦🇱 Albania — 15–23%
🇷🇺 Russia — 13%
🇨🇭 Switzerland — local canton rules apply
🚫 Crypto Banned:
🇨🇳 China
🇩🇿 Algeria
🇪🇬 Egypt
🇮🇶 Iraq
🇲🇦 Morocco
🇧🇴 Bolivia
#BTC #BTC100kNext? #USJobsData #CPIWatch #BTCVSGOLD
🇦🇪 UAE — 0%
🇨🇾 Cyprus — 0%
🇵🇹 Portugal — 0%
🇵🇦 Panama — 0%
🇸🇬 Singapore — 0%
🇲🇹 Malta — 0%
🇧🇧 Barbados — 0%
🇧🇲 Bermuda — 0%
🇰🇾 Cayman Islands — 0%
🇭🇰 Hong Kong — 0%
🇲🇺 Mauritius — 0%
🇻🇺 Vanuatu — 0%
🇬🇮 Gibraltar — 0%
🇱🇮 Liechtenstein — 0%
🇸🇮 Slovenia — 0%
🇨🇭 Switzerland — 0%
🇺🇾 Uruguay — 0%
🇸🇻 El Salvador — 0%
🇵🇷 Puerto Rico — 0%
🇹🇭 Thailand — 0%
🇹🇷 Turkey — 0%
🇩🇴 Dominican Republic — 0%
🇭🇷 Croatia — 0%
🇩🇪 Germany — 0%
🇧🇪 Belgium — 0%
🇱🇺 Luxembourg — 0%
🇹🇼 Taiwan — 0%
🇮🇩 Indonesia — 0%
🇲🇾 Malaysia — 0%
🇧🇭 Bahrain — 0%
⚪ Low Crypto Tax Countries (Under 10%):
🇳🇱 Netherlands — 1.8–5.5%
🇦🇷 Argentina — 5–15%
🇨🇦 Canada — 7.5–16.5%
🇧🇷 Brazil — 15–22.5%
🇨🇴 Colombia — 15%
🇿🇦 South Africa — 18%
🇮🇱 Israel — 20%
🇰🇷 South Korea — 20%
🇻🇳 Vietnam — 20%
🟡 Mid-Range Crypto Tax Countries (10%–30%):
🇳🇿 New Zealand — 10.5–39%
🇺🇸 USA — 15–20%
🇬🇧 UK — 18–24%
🇵🇭 Philippines — 20%
🇸🇪 Sweden — 30%
🇮🇳 India — 30%
🇧🇩 Bangladesh — 30%
🇮🇹 Italy — 26%
🇪🇸 Spain — 23%
🇫🇷 France — 30%
🇮🇪 Ireland — 33%
🇫🇮 Finland — 33–34%
🇳🇴 Norway — 22%
🇪🇪 Estonia — 20%
🇱🇻 Latvia — 20%
🇱🇹 Lithuania — 20%
🇨🇿 Czech Republic — 19%
🇳🇬 Nigeria — 10%
🇯🇵 Japan — 5–55%
🇦🇺 Australia — 0–22.5%
🔴 High Tax / Wealth Confiscation (30%+):
🇩🇰 Denmark — 37–52%
🇮🇸 Iceland — 31–46%
🇦🇱 Albania — 15–23%
🇷🇺 Russia — 13%
🇨🇭 Switzerland — local canton rules apply
🚫 Crypto Banned:
🇨🇳 China
🇩🇿 Algeria
🇪🇬 Egypt
🇮🇶 Iraq
🇲🇦 Morocco
🇧🇴 Bolivia
#BTC #BTC100kNext? #USJobsData #CPIWatch #BTCVSGOLD
Bitcoin vs. gold is a modern debate on value storage. Gold, a physical asset, has centuries of trust and inherent value. Bitcoin, a digital innovation, offers decentralization, scarcity, and ease of transfer.
Bitcoin is hailed as "digital gold" for its capped supply and borderless nature. However, it faces volatility and regulatory uncertainty. Gold is stable and tangible but less portable.
While gold represents traditional security, Bitcoin symbolizes technological potential. The future may see both coexisting, serving different roles in a diversified portfolio. The choice depends on one's trust in physical history versus digital innovation.
#BTCVSGOLD
Bitcoin is hailed as "digital gold" for its capped supply and borderless nature. However, it faces volatility and regulatory uncertainty. Gold is stable and tangible but less portable.
While gold represents traditional security, Bitcoin symbolizes technological potential. The future may see both coexisting, serving different roles in a diversified portfolio. The choice depends on one's trust in physical history versus digital innovation.
#BTCVSGOLD
#MarketRebound in Focus: A Test of Resilience
Following a period of downward pressure, the cryptocurrency market is displaying early signs of a potential rebound. This phase is crucial for assessing the underlying strength and resilience of digital assets.
A rebound typically occurs when buying interest re-emerges after a significant decline, suggesting that investors perceive current prices as attractive for entry. It represents a critical test for market sentiment, indicating whether recent lows can hold as a solid support level.
Successful rebounds are often fueled by a combination of technical factors, such as oversold conditions finding support, and renewed fundamental confidence. While not guaranteed to reverse a long-term trend immediately, a strong rebound can establish a foundation for stability and gradual recovery. It allows the market to consolidate, rebuild momentum, and potentially attract fresh capital looking for value opportunities.
For traders and investors, monitoring volume and price action during this phase is essential to distinguish between a temporary bounce and the beginning of a more sustainable recovery.
$BTC
Following a period of downward pressure, the cryptocurrency market is displaying early signs of a potential rebound. This phase is crucial for assessing the underlying strength and resilience of digital assets.
A rebound typically occurs when buying interest re-emerges after a significant decline, suggesting that investors perceive current prices as attractive for entry. It represents a critical test for market sentiment, indicating whether recent lows can hold as a solid support level.
Successful rebounds are often fueled by a combination of technical factors, such as oversold conditions finding support, and renewed fundamental confidence. While not guaranteed to reverse a long-term trend immediately, a strong rebound can establish a foundation for stability and gradual recovery. It allows the market to consolidate, rebuild momentum, and potentially attract fresh capital looking for value opportunities.
For traders and investors, monitoring volume and price action during this phase is essential to distinguish between a temporary bounce and the beginning of a more sustainable recovery.
$BTC
🚀 Exploring @Plasma innovative security solutions for Web3 users!
After my recent experience with spam tokens, I've been researching how Plasma protects its community. Here's what impresses me:
1️⃣ Transparent Ledger: Every transaction is publicly verifiable on Plasmascan, making scams immediately identifiable
2️⃣ Native Explorer Integration: Built-in warnings flag phishing addresses directly in the explorer
3️⃣ Community Reporting: Easy spam reporting system that benefits all $XPL holders
4️⃣ Wallet Compatibility: Most major wallets support Plasma with security features like "Hide Token"
These tools turned my scary experience into a security lesson. The network gives us the transparency we need to stay safe!
#Plasma #Web3Security #BlockchainSolutions #CryptoProtection $XPL
After my recent experience with spam tokens, I've been researching how Plasma protects its community. Here's what impresses me:
1️⃣ Transparent Ledger: Every transaction is publicly verifiable on Plasmascan, making scams immediately identifiable
2️⃣ Native Explorer Integration: Built-in warnings flag phishing addresses directly in the explorer
3️⃣ Community Reporting: Easy spam reporting system that benefits all $XPL holders
4️⃣ Wallet Compatibility: Most major wallets support Plasma with security features like "Hide Token"
These tools turned my scary experience into a security lesson. The network gives us the transparency we need to stay safe!
#Plasma #Web3Security #BlockchainSolutions #CryptoProtection $XPL
I RedOne I
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🚨 The $0 Heist: How Scammers Use Fake Tokens to Rob Your Wallet (My Story)
We are used to hearing warnings about phishing via WhatsApp, messages, fake links, and emails, and we know how to deal with and warn against them.
But have you ever experienced a phishing attempt via a token?
Today, while checking my Web3 wallets, I noticed three unsolicited incoming transfers in the history of one wallet without my knowledge (I did not participate in any on-chain activity, nor was this token distributed as an airdrop or giveaway, nor did I exchange any token with anyone to receive this currency).
I had read about this type of token before, but this was my first direct experience with this kind of phishing. I’d like to share it to raise awareness and caution.
1. The tokens exists on the Plasma network and uses a website as its name .
2. This fake token only appeared in my wallet after I clicked "Add Token" – Binance had actually blocked this fake currency because the sender’s address was flagged as phishing and fraudulent. Of course, with my strong knowledge and understanding of what I was doing, I added it to test this type of phishing! I do not recommend experimenting at all – you are just one click away from being scammed !
3. After adding the token to my wallet, it appeared with a value = 0, an unfamiliar name, and a huge quantity!
I went to blockchain scan sites to research the contract address that sent me these tokens (it was sent from 3 different addresses).
I found that the same amount of fake tokens had been sent to a large number of wallets, and fortunately for me, I was one of them. Why fortunately? Because I actually wanted to test this method, understand it up close, and warn others about it. And also – importantly – I discovered which close person shared my wallet address! How? I keep a record of all my blockchain interactions with people for various reasons, but this wasn't one of them 😂
Now, after reviewing the sender’s address transactions and the addresses that funded it, I found a large number of wallets sending phishing tokens.
They allocate a small amount of money to pay the Network fee and wait until someone accepts these fake tokens (they assume the person will try to sell or send them). The moment the person interacts with the token, they receive a request to "Approve" the token to send it.
And here lies the disaster: When you grant approval, you have given it permission to access your funds. Some malicious contracts allow unlimited withdrawal from the wallet. The result: All your money can be withdrawn within seconds (or, the scammer might not withdraw immediately but keeps the permission to control your funds until you deposit large amounts – scammers can wait for weeks or months to get the largest amount possible). This means the scammer relies on your curiosity, greed, and lack of knowledge.
But the important point here is monitoring approvals regularly (you should revoke any approval you did not authorize or any dApp you did not enable).
And here we come to a website that appears as the token’s name (#RedFlagAlert – do not visit the site at all).
When opening this site – which is 100% fraudulent – it will ask you to connect your wallet to claim a large sum (to tempt you and cloud your judgment) and will then ask for your wallet keys (remember: no official site ever asks for your private keys or seed phrase – connecting a wallet to sites is done via approval inside the wallet application itself).
Here, we move from fraud via a malicious contract to fraud via theft of your wallet keys and complete access to your assets.
Even if you make any mistake out of ignorance, you can still transfer your assets if you are aware and know about the possibility of being scammed. Why? Because scammers have a large number of targets and thus follow a periodic schedule to check target wallets. You might give them your keys, but no transfer occurs without your knowledge – here you are lucky because your turn hasn’t come yet 😂🤞🏻
4. If you had things like this, the best and safest approach is simple:
· Long-press the suspicious token in your wallet
· Select "Hide Token" or "Ignore"
· Never interact with it again
🔶️ Therefore, you must always be cautious, monitor approvals, and consider using a keyless wallet like Binance’s keyless option, as it is safer for the user. And pursue continuous learning – direct your curiosity toward subjects and matters you are unfamiliar with, always. 👌🏻
#SAFU🚩 #ScamAlert
But have you ever experienced a phishing attempt via a token?
Today, while checking my Web3 wallets, I noticed three unsolicited incoming transfers in the history of one wallet without my knowledge (I did not participate in any on-chain activity, nor was this token distributed as an airdrop or giveaway, nor did I exchange any token with anyone to receive this currency).
I had read about this type of token before, but this was my first direct experience with this kind of phishing. I’d like to share it to raise awareness and caution.
1. The tokens exists on the Plasma network and uses a website as its name .
2. This fake token only appeared in my wallet after I clicked "Add Token" – Binance had actually blocked this fake currency because the sender’s address was flagged as phishing and fraudulent. Of course, with my strong knowledge and understanding of what I was doing, I added it to test this type of phishing! I do not recommend experimenting at all – you are just one click away from being scammed !
3. After adding the token to my wallet, it appeared with a value = 0, an unfamiliar name, and a huge quantity!
I went to blockchain scan sites to research the contract address that sent me these tokens (it was sent from 3 different addresses).
I found that the same amount of fake tokens had been sent to a large number of wallets, and fortunately for me, I was one of them. Why fortunately? Because I actually wanted to test this method, understand it up close, and warn others about it. And also – importantly – I discovered which close person shared my wallet address! How? I keep a record of all my blockchain interactions with people for various reasons, but this wasn't one of them 😂
Now, after reviewing the sender’s address transactions and the addresses that funded it, I found a large number of wallets sending phishing tokens.
They allocate a small amount of money to pay the Network fee and wait until someone accepts these fake tokens (they assume the person will try to sell or send them). The moment the person interacts with the token, they receive a request to "Approve" the token to send it.
And here lies the disaster: When you grant approval, you have given it permission to access your funds. Some malicious contracts allow unlimited withdrawal from the wallet. The result: All your money can be withdrawn within seconds (or, the scammer might not withdraw immediately but keeps the permission to control your funds until you deposit large amounts – scammers can wait for weeks or months to get the largest amount possible). This means the scammer relies on your curiosity, greed, and lack of knowledge.
But the important point here is monitoring approvals regularly (you should revoke any approval you did not authorize or any dApp you did not enable).
And here we come to a website that appears as the token’s name (#RedFlagAlert – do not visit the site at all).
When opening this site – which is 100% fraudulent – it will ask you to connect your wallet to claim a large sum (to tempt you and cloud your judgment) and will then ask for your wallet keys (remember: no official site ever asks for your private keys or seed phrase – connecting a wallet to sites is done via approval inside the wallet application itself).
Here, we move from fraud via a malicious contract to fraud via theft of your wallet keys and complete access to your assets.
Even if you make any mistake out of ignorance, you can still transfer your assets if you are aware and know about the possibility of being scammed. Why? Because scammers have a large number of targets and thus follow a periodic schedule to check target wallets. You might give them your keys, but no transfer occurs without your knowledge – here you are lucky because your turn hasn’t come yet 😂🤞🏻
4. If you had things like this, the best and safest approach is simple:
· Long-press the suspicious token in your wallet
· Select "Hide Token" or "Ignore"
· Never interact with it again
🔶️ Therefore, you must always be cautious, monitor approvals, and consider using a keyless wallet like Binance’s keyless option, as it is safer for the user. And pursue continuous learning – direct your curiosity toward subjects and matters you are unfamiliar with, always. 👌🏻
#SAFU🚩 #ScamAlert
1 Trillion Tokens, 46M Holders, 95M Transfers: Exposing the Industrial-Scale Spam on Plasma Network
The Unexpected Discovery
Yesterday, while conducting my routine wallet maintenance across multiple Web3 platforms, I stumbled upon something unsettling in one of my wallet histories: three unauthorized token transfers that I never requested or expected. These weren't from any airdrop I participated in, nor from any transaction I initiated. They simply appeared, uninvited and unexplained, on the @Plasma network.
The Investigation Process
My curiosity shifted to concern, prompting a deeper investigation. Using Plasmascan (the official Plasma blockchain explorer), I uncovered alarming details about these suspicious tokens.
What I found:
1. Massive Spam Operation: One token contract was reported as spam with over 46 million holders and 95 million transfers - clear evidence of a widespread spam campaign.
2. Phishing Addresses: Sender addresses were flagged with explicit phishing warnings like "Fake_Phishing1711544" on Plasmascan.
The Shocking Scale
The numbers tell a frightening story:
· 1,000,000,000,000 tokens in total supply
· 46,094,693 holders affected
· 95,536,337+ transfers recorded
· All from addresses marked with phishing warnings
Why This Matters
This incident highlights critical points for blockchain security:
1. Transparency is Powerful: Open ledgers allow immediate scam verification
2. Scale of Threat: This is industrial-scale spamming, not isolated incidents
3. Explorer Importance: Tools like Plasmascan are essential for due diligence
The Protection Protocol
From this experience, I developed a clear action plan:
✅ Step 1: Always check unknown tokens on blockchain explorers
✅ Step 2: Look for "Spam" or "Phishing" warnings
✅ Step 3: Never approve interactions with flagged tokens
✅ Step 4: Use "Hide Token" feature immediately
✅ Step 5: Report suspicious tokens to help the community
Community Responsibility
The $XPL ecosystem's security depends on our collective vigilance. When blockchain users:
· Report suspicious activities promptly
· Share warning signs with others
· Educate newcomers about verification tools
· Verify before trusting any unsolicited token
Final Thoughts
To everyone navigating the Web3 space: Your wallet's security starts with awareness. These spam campaigns aren't random - they're calculated attacks. The tools exist, the data is public, and the choice to verify is in your hands.
Remember: If you didn't request it, research it. If it looks suspicious, hide it. If warnings exist, believe them. Together, we can build safer blockchain ecosystems.
#plasma #Web3Security #CryptoEducation #BlockchainSafety
Yesterday, while conducting my routine wallet maintenance across multiple Web3 platforms, I stumbled upon something unsettling in one of my wallet histories: three unauthorized token transfers that I never requested or expected. These weren't from any airdrop I participated in, nor from any transaction I initiated. They simply appeared, uninvited and unexplained, on the @Plasma network.
The Investigation Process
My curiosity shifted to concern, prompting a deeper investigation. Using Plasmascan (the official Plasma blockchain explorer), I uncovered alarming details about these suspicious tokens.
What I found:
1. Massive Spam Operation: One token contract was reported as spam with over 46 million holders and 95 million transfers - clear evidence of a widespread spam campaign.
2. Phishing Addresses: Sender addresses were flagged with explicit phishing warnings like "Fake_Phishing1711544" on Plasmascan.
The Shocking Scale
The numbers tell a frightening story:
· 1,000,000,000,000 tokens in total supply
· 46,094,693 holders affected
· 95,536,337+ transfers recorded
· All from addresses marked with phishing warnings
Why This Matters
This incident highlights critical points for blockchain security:
1. Transparency is Powerful: Open ledgers allow immediate scam verification
2. Scale of Threat: This is industrial-scale spamming, not isolated incidents
3. Explorer Importance: Tools like Plasmascan are essential for due diligence
The Protection Protocol
From this experience, I developed a clear action plan:
✅ Step 1: Always check unknown tokens on blockchain explorers
✅ Step 2: Look for "Spam" or "Phishing" warnings
✅ Step 3: Never approve interactions with flagged tokens
✅ Step 4: Use "Hide Token" feature immediately
✅ Step 5: Report suspicious tokens to help the community
Community Responsibility
The $XPL ecosystem's security depends on our collective vigilance. When blockchain users:
· Report suspicious activities promptly
· Share warning signs with others
· Educate newcomers about verification tools
· Verify before trusting any unsolicited token
Final Thoughts
To everyone navigating the Web3 space: Your wallet's security starts with awareness. These spam campaigns aren't random - they're calculated attacks. The tools exist, the data is public, and the choice to verify is in your hands.
Remember: If you didn't request it, research it. If it looks suspicious, hide it. If warnings exist, believe them. Together, we can build safer blockchain ecosystems.
#plasma #Web3Security #CryptoEducation #BlockchainSafety
ok so you see this crypto token with a supply of two point zero nine quadrillion like come on man thats an insane number nobody needs that many coins in existence its literally more than all the sand grains maybe just way too many and then the audit report shows a blacklist function right in the smart contract that is the biggest red flag ever it means the people who made it can block any wallet address from selling they can just decide you cant trade your own coins it completely defeats the whole point of decentralized money its pure central control and a classic scam setup if you see a token with a crazy huge supply and a blacklist feature just run away immediately its designed to trap people they let you buy but they can stop you from selling and take everything its that simple and very dangerous always check the audit results before you even think about buying something new
The smart contract has a #blacklistfunction :
🚩 function blacklist(address account) public onlyOwner
🚩 mapping(address => bool) public isBlacklisted;
#SAFU🚩 #ContractAnalysis
The smart contract has a #blacklistfunction :
🚩 function blacklist(address account) public onlyOwner
🚩 mapping(address => bool) public isBlacklisted;
#SAFU🚩 #ContractAnalysis
💸💸
2+ Quadrillion Max supply 🚩
with Blacklist Restrictions Found 😂
could be a scam token 🤔😂
with Blacklist Restrictions Found 😂
could be a scam token 🤔😂
🚨 The $0 Heist: How Scammers Use Fake Tokens to Rob Your Wallet (My Story)
We are used to hearing warnings about phishing via WhatsApp, messages, fake links, and emails, and we know how to deal with and warn against them.
But have you ever experienced a phishing attempt via a token?
Today, while checking my Web3 wallets, I noticed three unsolicited incoming transfers in the history of one wallet without my knowledge (I did not participate in any on-chain activity, nor was this token distributed as an airdrop or giveaway, nor did I exchange any token with anyone to receive this currency).
I had read about this type of token before, but this was my first direct experience with this kind of phishing. I’d like to share it to raise awareness and caution.
1. The tokens exists on the Plasma network and uses a website as its name .
2. This fake token only appeared in my wallet after I clicked "Add Token" – Binance had actually blocked this fake currency because the sender’s address was flagged as phishing and fraudulent. Of course, with my strong knowledge and understanding of what I was doing, I added it to test this type of phishing! I do not recommend experimenting at all – you are just one click away from being scammed !
3. After adding the token to my wallet, it appeared with a value = 0, an unfamiliar name, and a huge quantity!
I went to blockchain scan sites to research the contract address that sent me these tokens (it was sent from 3 different addresses).
I found that the same amount of fake tokens had been sent to a large number of wallets, and fortunately for me, I was one of them. Why fortunately? Because I actually wanted to test this method, understand it up close, and warn others about it. And also – importantly – I discovered which close person shared my wallet address! How? I keep a record of all my blockchain interactions with people for various reasons, but this wasn't one of them 😂
Now, after reviewing the sender’s address transactions and the addresses that funded it, I found a large number of wallets sending phishing tokens.
They allocate a small amount of money to pay the Network fee and wait until someone accepts these fake tokens (they assume the person will try to sell or send them). The moment the person interacts with the token, they receive a request to "Approve" the token to send it.
And here lies the disaster: When you grant approval, you have given it permission to access your funds. Some malicious contracts allow unlimited withdrawal from the wallet. The result: All your money can be withdrawn within seconds (or, the scammer might not withdraw immediately but keeps the permission to control your funds until you deposit large amounts – scammers can wait for weeks or months to get the largest amount possible). This means the scammer relies on your curiosity, greed, and lack of knowledge.
But the important point here is monitoring approvals regularly (you should revoke any approval you did not authorize or any dApp you did not enable).
And here we come to a website that appears as the token’s name (#RedFlagAlert – do not visit the site at all).
When opening this site – which is 100% fraudulent – it will ask you to connect your wallet to claim a large sum (to tempt you and cloud your judgment) and will then ask for your wallet keys (remember: no official site ever asks for your private keys or seed phrase – connecting a wallet to sites is done via approval inside the wallet application itself).
Here, we move from fraud via a malicious contract to fraud via theft of your wallet keys and complete access to your assets.
Even if you make any mistake out of ignorance, you can still transfer your assets if you are aware and know about the possibility of being scammed. Why? Because scammers have a large number of targets and thus follow a periodic schedule to check target wallets. You might give them your keys, but no transfer occurs without your knowledge – here you are lucky because your turn hasn’t come yet 😂🤞🏻
4. If you had things like this, the best and safest approach is simple:
· Long-press the suspicious token in your wallet
· Select "Hide Token" or "Ignore"
· Never interact with it again
🔶️ Therefore, you must always be cautious, monitor approvals, and consider using a keyless wallet like Binance’s keyless option, as it is safer for the user. And pursue continuous learning – direct your curiosity toward subjects and matters you are unfamiliar with, always. 👌🏻
#SAFU🚩 #ScamAlert
But have you ever experienced a phishing attempt via a token?
Today, while checking my Web3 wallets, I noticed three unsolicited incoming transfers in the history of one wallet without my knowledge (I did not participate in any on-chain activity, nor was this token distributed as an airdrop or giveaway, nor did I exchange any token with anyone to receive this currency).
I had read about this type of token before, but this was my first direct experience with this kind of phishing. I’d like to share it to raise awareness and caution.
1. The tokens exists on the Plasma network and uses a website as its name .
2. This fake token only appeared in my wallet after I clicked "Add Token" – Binance had actually blocked this fake currency because the sender’s address was flagged as phishing and fraudulent. Of course, with my strong knowledge and understanding of what I was doing, I added it to test this type of phishing! I do not recommend experimenting at all – you are just one click away from being scammed !
3. After adding the token to my wallet, it appeared with a value = 0, an unfamiliar name, and a huge quantity!
I went to blockchain scan sites to research the contract address that sent me these tokens (it was sent from 3 different addresses).
I found that the same amount of fake tokens had been sent to a large number of wallets, and fortunately for me, I was one of them. Why fortunately? Because I actually wanted to test this method, understand it up close, and warn others about it. And also – importantly – I discovered which close person shared my wallet address! How? I keep a record of all my blockchain interactions with people for various reasons, but this wasn't one of them 😂
Now, after reviewing the sender’s address transactions and the addresses that funded it, I found a large number of wallets sending phishing tokens.
They allocate a small amount of money to pay the Network fee and wait until someone accepts these fake tokens (they assume the person will try to sell or send them). The moment the person interacts with the token, they receive a request to "Approve" the token to send it.
And here lies the disaster: When you grant approval, you have given it permission to access your funds. Some malicious contracts allow unlimited withdrawal from the wallet. The result: All your money can be withdrawn within seconds (or, the scammer might not withdraw immediately but keeps the permission to control your funds until you deposit large amounts – scammers can wait for weeks or months to get the largest amount possible). This means the scammer relies on your curiosity, greed, and lack of knowledge.
But the important point here is monitoring approvals regularly (you should revoke any approval you did not authorize or any dApp you did not enable).
And here we come to a website that appears as the token’s name (#RedFlagAlert – do not visit the site at all).
When opening this site – which is 100% fraudulent – it will ask you to connect your wallet to claim a large sum (to tempt you and cloud your judgment) and will then ask for your wallet keys (remember: no official site ever asks for your private keys or seed phrase – connecting a wallet to sites is done via approval inside the wallet application itself).
Here, we move from fraud via a malicious contract to fraud via theft of your wallet keys and complete access to your assets.
Even if you make any mistake out of ignorance, you can still transfer your assets if you are aware and know about the possibility of being scammed. Why? Because scammers have a large number of targets and thus follow a periodic schedule to check target wallets. You might give them your keys, but no transfer occurs without your knowledge – here you are lucky because your turn hasn’t come yet 😂🤞🏻
4. If you had things like this, the best and safest approach is simple:
· Long-press the suspicious token in your wallet
· Select "Hide Token" or "Ignore"
· Never interact with it again
🔶️ Therefore, you must always be cautious, monitor approvals, and consider using a keyless wallet like Binance’s keyless option, as it is safer for the user. And pursue continuous learning – direct your curiosity toward subjects and matters you are unfamiliar with, always. 👌🏻
#SAFU🚩 #ScamAlert
I think such an activity is very important, not only for the big prizes 🏆
While browsing Binance Square, I noticed the diversity of posts from various people 🌍
They are no longer generally limited to news topics about the U.S. #FederalReserve and the #CreatorPad Campaigns..etc 📊
Even people who previously had weak activity in sharing posts on #BinanceSquare 💪
I now see them excelling in publishing 😁🤞🏻
I truly hope that an initiative like this continues to maximize its impact and i suggest that #Binance makes using a specific, platform-designated hashtag a core requirement for the activity fully integrating it into the content 🏷️⏰
With our community of over 300 million people 👀 this coordinated effort would allow us to powerfully dominate social media platforms 😁🔶️🚀
#OneUnstoppableCommunity
$BNB
While browsing Binance Square, I noticed the diversity of posts from various people 🌍
They are no longer generally limited to news topics about the U.S. #FederalReserve and the #CreatorPad Campaigns..etc 📊
Even people who previously had weak activity in sharing posts on #BinanceSquare 💪
I now see them excelling in publishing 😁🤞🏻
I truly hope that an initiative like this continues to maximize its impact and i suggest that #Binance makes using a specific, platform-designated hashtag a core requirement for the activity fully integrating it into the content 🏷️⏰
With our community of over 300 million people 👀 this coordinated effort would allow us to powerfully dominate social media platforms 😁🔶️🚀
#OneUnstoppableCommunity
$BNB
Binance Square Official
--
Quality is the core driving force behind Binance Square’s community growth, and we truly believe they deserve to be seen, respected, and rewarded. Starting today, we will distribute 1 BNB among 10 creators based on their content and performance through tipping in 10 days, 100 BNB in total. We encourage the community to recommend more content to us and continue to share good quality insights with unique value.
Evaluation criteria
1. Core Metrics: Page views / Clicks, Likes / Comments / Shares, and other interaction data
2. Bonus Points: Actual conversions triggered by the content (such as participation in spot/contract trading through content mining, user actions, etc.)
3. Daily 10 awardee: Content format is unlimited (in-depth analysis, short videos, hot topic updates, memes, original opinions, etc.). Creators can be rewarded multiple times.
4. Reward Distribution: A daily 10 BNB reward pool, equally distributed among the 10 creators on the leaderboard
5. Settlement Method: Rewards will be credited daily through tipping from this account to the content directly(@Binance Square Official ). Please ensure that the tipping feature is enabled.
Evaluation criteria
1. Core Metrics: Page views / Clicks, Likes / Comments / Shares, and other interaction data
2. Bonus Points: Actual conversions triggered by the content (such as participation in spot/contract trading through content mining, user actions, etc.)
3. Daily 10 awardee: Content format is unlimited (in-depth analysis, short videos, hot topic updates, memes, original opinions, etc.). Creators can be rewarded multiple times.
4. Reward Distribution: A daily 10 BNB reward pool, equally distributed among the 10 creators on the leaderboard
5. Settlement Method: Rewards will be credited daily through tipping from this account to the content directly(@Binance Square Official ). Please ensure that the tipping feature is enabled.
#BinanceFutures Will Postpone the Launch of #AIAUSDT Perpetual Contract
🔶️ The trading start time for the #AIAUSDT Perpetual Contract, originally set at 2026-01-16 15:30 (UTC), will be postponed until further notice.
🔶️ The trading start time for the #AIAUSDT Perpetual Contract, originally set at 2026-01-16 15:30 (UTC), will be postponed until further notice.
ເຂົ້າສູ່ລະບົບເພື່ອສຳຫຼວດເນື້ອຫາເພີ່ມເຕີມ