Hacker Nets $1.5M in Bitcoin from General Bytes ATMs, US Crypto Operators Temporarily Shut Down

• General Bytes, the largest cryptocurrency automated teller machine (ATM) manufacturer, experienced a security incident on March 17 and 18.
• The breach allowed the hacker to liquidate 56.28 bitcoins, worth approximately $1.5 million, from about 15-20 crypto ATM operators nationwide.
• U.S.-based crypto ATM operators were forced to temporarily shut down after the attack was discovered.

General Bytes Experienced Security Incident

General Bytes, the largest manufacturer of cryptocurrency automated teller machines (ATMs), experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets. This breach forced U.S.-based crypto ATM operators to temporarily shut down until further notice.

Hacker Liquidated Over $1.5M From Crypto ATMs

The hacker was able to liquidate 56.28 bitcoins, worth approximately $1.5 million, from about 15-20 crypto ATM operators nationwide as a result of this breach in security protocols at General Bytes‘. According to Coin ATM Radar statistics, General Byte’s has produced 9,505 such machines globally with thousands located in the United States alone..

Security Bulletin Released by General Bytes

General Bytes released a statement urging customers to take immediate action to protect their personal information after learning of this attack against its systems on Saturday afternoon (ET). The firm’s security bulletin stated that the attacker was able to remotely upload their own Java application using the master service interface which is typically used by terminals for uploading videos and gaining user privileges including access to databases and API keys used for accessing funds in hot wallets and exchanges as well as downloading usernames and decrypting password hashes along with turning off 2FA before sending funds from hot wallets..

U.S.-Based Crypto ATM Operators Shut Down Temporarily

Following notification of this attack against General Byte’s systems on Saturday afternoon (ET), U.S.-based crypto ATM operator speaking with Bitcoin News confirmed all operators using General Byte’s machines were shut down nationwide while servers were rebuilt from ground up which can be an lengthy process accordinglty . In response General bytes is transitioning all it’s clients over self hosted servers instead of cloud based services due to discontinuation of cloud service according ot it’s latest security bulletin..

Conclusion

In conclusion , due to this recent security incident involving general bytes many US based crypto atm operators had been forced temporarily shutdown until further notice following discovery of hackers ability liquidate over 1$M worth bitcoin fron multiple sources . As result general bytes has announced transition towards self hosted servers instead of cloud based solutions moving forward .

Nigerian Banks Dispense Old Naira Banknotes Following Supreme Court Ruling

• Nigerian banks have started dispensing recently demonetized Naira banknotes following a Supreme Court ruling.
• The court accused outgoing president Muhammadu Buhari of undermining the country’s democratic credentials for failing to abide by a provisional order that barred the demonetization process.
• The old naira banknotes will remain legal tender until the end of the year.

Nigerian Banks Resume Dispensing Recently Demonetized Naira Banknotes

According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling that invalidated the Central Bank of Nigeria (CBN)’s demonetization of the 1,000, 500 and 100-naira banknotes. According to the court, Nigerian residents will continue to use the demonetized banknotes until the end of the year.

Court Criticizes Outgoing Nigerian President

Nigerian financial institutions have reportedly started dispensing the recently demonetized 1,000, 500 and 100-naira banknotes just days after the nation’s highest court ruled against the CBN’s so-called naira redesign policy. In its ruling delivered on March 3, 2023, the Nigerian Supreme Court slated the central bank’s hasty demonetization process. The court also accused the outgoing president Muhammadu Buhari of undermining the country’s democratic credentials after his government failed to abide by a provisional order that barred it from proceeding with the demonetization process.

Demonetized Banknotes to Remain Legal Tender Until End of Year

By redistributing

Spanish Tax Agency Seeks Crypto in Tax Season, Plans Seizures

• The Spanish Tax Agency has included cryptocurrency as part of its new guidelines for this year’s upcoming tax collection season.
• The agency will potentiate the investigation of cryptocurrency in digital payments, including potentially seizing cryptocurrency associated with tax debts and criminal activity.
• Other tax agencies in the world are also including digital wallets and cryptocurrency as an important part of their investigative and seizure processes.

Spanish Tax Agency Puts Crypto in Its Sights

The Spanish Tax Agency has included crypto as part of its new guidelines for this year’s upcoming tax collection season. Apart from boosting the channels for voluntary tax applications, the agency will potentiate the investigation of cryptocurrency in digital payments, including potentially seizing cryptocurrency associated with tax debts and criminal activity.

Intensification of Crypto Tax Oversight

The Spanish Tax Agency is preparing its crypto strategy for the upcoming tax collection season. On Feb. 27, the agency revealed several guidelines to increase the collection of taxes related to the use of cryptocurrency in digital payments, and also to curb criminal activity. This could mean that tax debtors will be tracked and have their cryptocurrency seized to amend their debts.

Crypto In The Crosshairs

These new movements are directed to strengthen the vigilance that the Spanish Tax Agency exerts on crypto assets, with an objective of ramping up collection. Other tax agencies in the world are also including digital wallets and cryptocurrencies as an important part of their investigative and seizure processes.

Lack Of Success In Targeting Cryptocurrency Investors

The Spanish Tax Agency has historically not been so successful when targeting growing crypto investment crowds. Reports indicate that it only managed to warn 5.3% of cryptocurrency investors in Spain about their duty to pay crypto taxes in 2022 — meaning more than 4 million were not contacted by the agency regarding their crypto taxes duties.

Conclusion

By including cryptocurrencies as part of its new guidelines for this year’s upcoming tax collection season, The Spanish Tax Agency aims to intensify its oversight into digital payments involving cryptocurrencies — potentially even seizing these assets if linked to any criminal activity or unpaid taxes owed by debtors. Although it has not been successful at targeting all potential investors previously, this increased scrutiny may help bring greater compliance among those investing in cryptos going forward

Chipper Cash Lays Off: 100 Employees Axed Despite Crypto Department Still Operational

• Chipper Cash, a Nigerian fintech, recently confirmed it had laid off a second batch of employees to help contain the company’s operating costs.
• The exact number of axed workers is not known, but one report estimated this to be around 100 people.
• Chipper Cash CEO Ham Serunjogi has denied reports that the fintech has shut down its crypto department, saying it is still one of their „fastest growing products.“

Chipper Cash Lays Off More Workers

Nigerian fintech Chipper Cash recently said it has let go of more employees in order to contain its operating costs. Although no figure was given for the number of employees affected by this decision, one report estimated it to be approximately 100 people or 12.5% of Chipper Cash’s workforce.

CEO Denies Reports of Crypto Department Shutdown

Chipper Cash CEO Ham Serunjogi denied reports that the fintech had closed its crypto department, stating that it remains one of their „fastest growing products“. He attributed the layoffs to the deteriorating macroeconomic climate and stated that with these unfavorable conditions prevailing for over a year now, Chipper Cash could only operate effectively with a smaller team.

Macroeconomic Climate Deteriorating

The latest retrenchment exercise impacted all areas from human resources to research and legal departments according to Techcrunch. This comes less than three months after Chipper Cash had already let go some staff in an effort to keep costs contained.

Focus Narrowing On Core Markets & Products

Serunjogi explained that due to rapid growth and scaling during the last two years, global headcount grew by around 250 people but now they are focusing on core markets and products where they can thrive even with fewer staff members.

Investments In Crypto Trading Platform To Continue

Despite cost cutting measures, Serunjogi confirmed that investments in their crypto trading platform will continue as it is currently one of Africa’s largest and fastest growing products offered by Chipper Cash.

U.S. Inflation Report Boosts Bitcoin, Ethereum Prices

• Bitcoin broke past the $22,000 mark following the U.S. inflation report
• Ethereum also surged to a one-week peak of $1,562.03
• RSI levels are indicating further gains ahead for both BTC and ETH

U.S. Inflation Report Spurs Price Gains in Bitcoin and Ethereum

The latest U.S. inflation report has caused a surge in prices for both Bitcoin and Ethereum, with both digital assets breaking key resistance barriers on Wednesday (Feb 15).

Bitcoin Price Rally Continues

Bitcoin (BTC) traded above $22,000 on Wednesday as markets reacted to news that the consumer price index had risen 0.5% in January 2021 – higher than the expected 6.2%. The 14-day relative strength index (RSI) is currently at 51.96, which is its strongest point in the last seven days and could indicate further gains towards a resistance level of $22,500 or even beyond that to $23,000 mark if momentum is maintained..

Ethereum Breaks Out Of Resistance Ceiling

Ethereum (ETH) was also seen rallying on Wednesday after hitting an intraday peak of $1,562.03 – slightly above a price ceiling of $1,550 that it had been trading around since Tuesday (Feb 16). The RSI currently stands at 49.86 which indicates that bulls may need to break through this barrier before heading back towards the $1,600 mark.

Analysis

The latest U.S inflation report appears to have spurred some bullish sentiment across markets with investors expecting further gains for both Bitcoin and Ethereum over the coming days should current momentum be maintained.

Conclusion

With Bitcoin already trading above $22,000 and Ethereum hovering just below its resistance level of $1,550 there appears to be plenty of room for growth over the short-term as traders digest the latest news from US markets – but only time will tell if these predictions come true or not!

Ethereum Liquid Staking on Fire! 5 Platforms Control 97% of Market

• Ethereum Liquid Staking has a total value locked (TVL) of $11 billion, with Lido holding 73% of the market share.
• Coinbase’s wrapped ether is the second-largest liquid staker with 15.72% of the TVL, followed by Rocket Pool and Frax Ether with 10.71% and 76.73% increases in 30 days respectively.
• The remaining six decentralized finance liquid staking platforms hold a combined 11.3% market share of the 6.87 million ether locked on Ethereum Liquid Staking platform.

Overview

Ethereum Liquid Staking has a total value locked (TVL) of $11 billion, with Lido leading the pack at 73%. Five platforms – Lido, Coinbase, Rocket Pool, Frax Ether and Stakewise – control 97% of the market share out of 11 liquid staking protocols available on Ethereum’s Beacon chain contract.

Lido Leads Total Value Locked in Ethereum Liquid Staking Industry

Lido holds more than 73% of the total value locked out of 6.87 million ether held by 11 liquid stacking protocols on Feb 7th 2023. It has seen a 4-10% increase over the past month, amounting to an approximate worth of $8.18 billion today.

Coinbase Wrapped Ether

Coinbase’s wrapped ether records 1,081,304 ethereum (ETH) locked into the platform and 5.74 % gain last month, making it 15.72 % market share and worth $1.76 billion in total value locked (TVL).

Rocket Pool & Frax Ether Gains

Rocket Pool’s TVL climbed 10 .71 % during past 30 days while Frax Ether increased its TVL by 76 .73 % over same period , resulting in 387 ,016 ETH and 87 ,134 ETH being held respectively .
Stakewise is fifth largest liquid staker , having 84 ,481 ETH worth $136 million as per Feb 7th 2023 records .

Other Platforms

The other six decentralized finance liquid staking platforms hold a combined 11 .3 % market share which amounts to 6 .87 million ether locked on all Ethereum based liquid staking platforms .

Argentine Peso Plummets, Inflation Predicted to Hit 100%

• The Argentine peso has lost almost 12% against the U.S. dollar since the start of 2021.
• Inflation rates in the country are predicted to reach almost 100% this year, similar to the rates experienced in 2022.
• The government has implemented measures to inject dollars into the market and maintain stability, but local analysts are worried about the balance of the country’s reserves.

The value of the Argentine peso against the U.S. dollar has been steadily declining since the start of 2021, losing almost 12% of its value in the exchange rate for the informal „blue“ dollar. This devaluation of the peso has caused concerns about a possible rise in inflation rates across the country, which are predicted to reach almost 100% this year, similar to the rates experienced in 2022.

The Argentine government has made moves to try and maintain the stability of the peso by injecting dollars into the market to satisfy the demand of registered importers. They have also announced a purchase operation of more than $1 billion of its own external debt. However, this has had the opposite effect, and now local analysts are worried about the balance of the country’s reserves.

The devaluation of the peso is already having an impact on the prices citizens have to pay for goods and services. The government has implemented a series of measures to limit the price rise of several products, however these are not expected to be enough to counteract the effects of the devaluation.

The implications of this depreciation of the peso are far-reaching and could have a major impact on the economic stability of the country. There are many factors, such as the balance of the country’s reserves and the ability of the central bank to maintain the stability of the currency, that could determine the future of the peso and the economic health of the country. It remains to be seen how the situation will develop over the coming months.

NFT Market Sees 16.39% Surge with 320K+ Buyers Participating

• Non-fungible token (NFT) assets saw a 16.39% increase in overall sales for the third week of January 2023, with 320,580 buyers participating in the NFT market action.
• Ethereum (ETH) dominated the market, with $206.06 million of the past week’s sales coming from the ETH chain. Theta, Fantom, Palm, and Wax were the blockchains that saw the largest seven-day gains in terms of NFT sales.
• The top NFT collectible sales during the trailing seven day period included Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), Bored Ape Kennel Club (BAKC), Azuki, and Otherdeed.

The non-fungible token (NFT) asset market saw a surge in activity this past week, as the third week of January 2023 closed out with a 16.39% increase in overall sales. A total of 320,580 buyers participated in the NFT market action, a 43.48% increase compared to the week prior. A total of $256.69 million in NFT sales were recorded over the last seven days, with $206.06 million being Ethereum-based NFTs.

Ethereum (ETH) was the leading blockchain network in terms of NFT sales, with $206.06 million of the past week’s sales being attributed to the ETH chain. This represents an increase of 24.78% over the last week. The second-leading blockchain in terms of NFT sales this week was Solana (SOL), which had $36,378,730 in NFT sales. However, despite this figure, Solana NFT sales were down 10.44% compared to the previous week.

The blockchains that saw the largest seven-day gains in terms of NFT sales were Theta, up 239%; Fantom, up 144%; Palm, up 97%; and Wax, up 73% this week. The top NFT collectible sales during this period included Mutant Ape Yacht Club (MAYC), Bored Ape Yacht Club (BAYC), Bored Ape Kennel Club (BAKC), Azuki, and Otherdeed. The top three most expensive NFTs sold this week were an original piece of art, a rare digital collectible, and a limited edition digital art piece.

This surge in NFT asset sales demonstrates the growing interest in digital ownership, as investors, collectors, and enthusiasts continue to explore the potential of blockchain technology. NFTs provide a unique way to own, collect, and trade digital assets and are becoming more popular as blockchain technology matures and more projects are launched. With the continued growth of the NFT asset market, it is likely that more investors and traders will continue to explore the possibilities that digital ownership provides.

Great Depression on Steroids Warning, Shibarium Beta Launch, FTX US Drama

• Jeff Booth has warned of a “great depression on steroids” if the U.S. Federal Reserve keeps hiking interest rates.
• Buzz around the anticipated layer two (L2) scaling solution known as Shibarium has been the backdrop for dynamic price movements in shiba inu.
• Former FTX US president Brett Harrison has explained why he left the company and his relationship with co-founder Sam Bankman-Fried (SBF).

This week saw warnings from author Jeff Booth about a “great depression on steroids” if the U.S. Federal Reserve continues to raise interest rates. At the same time, buzz about the anticipated layer two (L2) scaling solution known as Shibarium has been the backdrop for dynamic price movements in shiba inu. Former FTX US president Brett Harrison also shared his experience and relationship with CEO Sam Bankman-Fried (SBF) in a detailed Twitter thread.

Jeff Booth, the author of “The Price of Tomorrow”, highlighted the potential danger of debt deflation should the Federal Reserve continue to hike interest rates. He suggested that the Fed “will be forced to pivot”, and that this could lead to a “great depression on steroids”. Booth argued that the current economic system is not sustainable, and that the central bank’s actions will only exacerbate the problem.

At the same time, the SHIB token has seen a rise against the U.S. dollar due to anticipation around the Shibarium Beta launch. This scaling solution aims to increase the throughput of the Ethereum network, and provide an effective solution to the scalability issue. The SHIB token has seen an increase in price as traders prepare for the launch of the L2 scaling solution.

Former FTX US president Brett Harrison also shared his experience and relationship with SBF in a detailed Twitter thread. He explained that his relationship with Bankman-Fried had reached “a point of total deterioration” after months of disputes over management practices at FTX. Harrison’s thread provided an insight into the inner workings of the firm and the current state of the relationship between the two executives.

In summary, this week saw warnings from Jeff Booth about the potential danger of debt deflation due to the Federal Reserve’s actions, as well as increased anticipation around the Shibarium Beta launch, and a detailed insight into the relationship between former FTX US president Brett Harrison and CEO Sam Bankman-Fried.

Wahrheit oder Pflicht Fragen

Wahrheit oder Pflicht ist das klassische Partyspiel

Wahrheit oder Pflicht ist das klassische Partyspiel, bei dem es um Peinlichkeiten geht. Eine Gruppe von Leuten fragt sich gegenseitig abwechselnd „Wahrheit oder Pflicht“? Wenn sich jemand für Wahrheit entscheidet, muss er die Frage wahrheitsgemäß beantworten, egal wie peinlich sie ist. Wenn jemand „Pflicht“ wählt, erhält er eine Aufgabe, die er erfüllen muss. Wenn ihnen die erste Aufgabe nicht gefällt, können sie eine andere Aufgabe wählen, aber sie müssen die zweite Aufgabe erfüllen. Du kannst niemanden dazu auffordern, eine Frage zu beantworten.

Wahrheit oder Pflicht ist eine gute Möglichkeit, mehr über deine Freunde zu erfahren. Vielleicht mehr, als du jemals wissen wolltest. Und wenn sie darauf bestehen, geheimnisvoll zu bleiben, kannst du dich wenigstens darüber amüsieren, dass sie unerhörte Mutproben machen.

Dies ist eine Liste mit einigen grundlegenden Wahrheitsfragen und Mutproben für den Anfang. Sie können sie an die Atmosphäre des Treffens anpassen. Denken Sie nur daran, dass Sie mit den Wahrheitsfragen nicht zu düster werden. Ihr Ziel ist es, peinlich und lustig zu sein. Wenn du nicht aufpasst, kannst du einige ziemlich dunkle Dinge über die Vergangenheit deines Freundes herausfinden. Denken Sie auch daran, die Wetten auf ein vernünftiges Maß an Verrücktheit zu beschränken. Wenn jemand ernsthaft verletzt wird oder die Polizei gerufen wird, ist die Party vorbei.

Solange du es nicht übertreibst, kann das Spiel Wahrheit oder Pflicht auf Partys ein Riesenspaß sein. Verwenden Sie also die Wahrheitsfragen und Mutproben aus dieser Liste, passen Sie sie an und spielen Sie ein unglaublich peinliches Wahrheit-oder-Pflicht-Spiel!

Wahrheit oder Pflicht: Liste der Fragen

Es ist an der Zeit, mehr über deine Freunde herauszufinden. Hier ist unsere Liste mit Wahrheit-oder-Pflicht-Fragen.

1. Was sind Ihre drei größten Antörner?
Immer ein Spaß, der zu interessanten Enthüllungen führt, vor allem, wenn sie sehr ehrlich sind.

2. Was ist Ihre tiefste und dunkelste Angst?
Oft eine gemischte Sache, je nach Person kann es interessant, lustig oder geradezu deprimierend sein.

3. Erzähl mir von deinem ersten Kuss.
Manchmal ist er romantisch und niedlich, aber in den meisten Fällen ist er peinlich, vor allem, wenn man anfängt, in die Details zu gehen.

4. Wer ist die sexieste Person hier?
Werden Sie es sein? Oder zumindest jemand, mit dem Sie sie necken können? Bei Paaren macht das viel weniger Spaß, weil sie sich unweigerlich gegenseitig aussuchen.

5. Was bedauerst du am meisten?
In der Regel kommt eine gute Antwort heraus, manchmal kann es ein bisschen düster werden, aber in der Regel ist dies eine solide Antwort.

6. Wer hat hier den schönsten Hintern?
Dies führt oft zu einer improvisierten Hinterninspektion, bei der alle in einer Reihe aufgestellt und inspiziert werden.

7. Wer ist dein Schwarm?
Eine lustige Frage, vor allem, wenn es sich um jemanden handelt, den die Gruppe kennt.

8. Wer war die letzte Person, die du geleckt hast?
Wenn Paare spielen, ist diese Frage nicht so interessant, wie sie sein könnte.

9. Bist du jemals fremdgegangen oder betrogen worden?
Hier musst du den Raum und die Person einschätzen, denn je nach Antwort kann die Frage interessant oder deprimierend sein.

10. Erzählen Sie mir von Ihrem peinlichsten Date.
Diese Frage führt fast immer zu witzigen und unangenehmen Geschichten.