Dear Tokener,

Today we bid you good morning (instead of afternoon). You know: life is random, full of interplanetary conjunctions and paths of destiny that cannot be foreseen. But here we are...

Better than the Chinese, I think... in addition to the fact that they can extend their zero COVID policy for another five years 😲, they have also banned any kind of crypto transactions through WeChat...

Chinese-owned social networking platform WeChat has just issued new rules on cryptocurrencies and NFT. The platform has more than 1.2 billion monthly active users.

WeChat will restrict or ban accounts that issue, trade or fund cryptocurrencies or non-fungible tokens (NFTs). These digital assets are now considered "illegal businesses".

If a violation is found in one of the accounts, the account owner will be required to remove the cryptoassets within a specified period, under penalty of account restriction or permanent blocking from WeChat.

Anyway, let's see how this all develops... By the way! If you are sent an unsolicited pdf, be careful! Because it could be a fake PDF file that could leave you without your ether and NFT in a minute.

Now it's a fake PDF file that can empty the wallets of non-fungible token (NFT) creators, and other projects, security analyst Serpent warned.

One of the victims was an artist named Tarsius, who specialises in digital collectible art. The creator was contacted by a supposed client who asked him to do a job and sent him a sketch of what he wanted, Serpent said on the social networking site Twitter.

Nueva modalidad de estafa: Un archivo falso de PDF puede robar tus NFT

"All of his NFTs were listed and sold, and all of his ETH was transferred to the scammer's wallet," Serpent explained.

Neither the artist nor Serpent would disclose how much was stolen by the cybercriminal.

In fact, this is precisely what we are talking about today in Cuararenta y dos (42): Types of Scams within the DeFi ecosystem, by Jordi Guillamón of beToken Research. But we also tell you that a solar-powered Bitcoin miner is starting to work despite market difficulties, that Green Data Chain Harnesses Green Energy to Mine Bitcoin and much more.

Tokener, enjoy your day, have a good and healthy lunch, save some time for the gym or a walk, read, share and... 👇👇

Subscribe now

Forty two (42)

Types of Scams within the DeFi ecosystem

by Jordi Guillamón from beToken Research

Dear Tokeners, Decentralised finance (DeFi) is one of the fastest growing sectors of the cryptocurrency industry, having reached 290 billion market cap during the end of the 2021 bull rally.But of course, with any new trend that attracts significant attention and investment, there are always scammers looking for ways to cash in on it. So today we're going to go over the main scams to avoid falling for them. Heads up, we're getting started!

Phishing attacks

Phishing attacks are scammers posing as an official company to trick victims into revealing sensitive information. This type of scam is particularly prevalent in the cryptocurrency arena.

Google has algorithms in which certain keywords on social networks, such as "MetaMask" on Twitter, trigger a wave of scam bots to send us messages to reply back to them. Often, these bots will redirect us to a Google form, asking for our wallet passphrase or other sensitive personal information, something we should never share with anyone. Many scammers pose as famous people you might follow on social media. They will send you a message pretending to offer help before asking you to send crypto or share sensitive information. Sometimes scammers run fake YouTube channels to solicit funds.

*The best thing to do is to think with your head and cool head when faced with these messages.*

Keep reading 👇👇

beToken my Friend EN

Types of Scams within the DeFi ecosystem

by Jordi Guillamón from beToken Research Dear Tokeners, Decentralised finance (DeFi) is one of the fastest growing sectors of the cryptocurrency industry, having reached 290 billion market cap during the end of the 2021 bull rally.But of course, with any new trend that attracts significant attention and investment, there are always scammers looking for w…

15 days ago · beToken my Friend

Solar-Powered Bitcoin Miner Starts Operations Despite Difficult Market

Despite the bear market for crypto, Aspen Creek Digital Corp., a new bitcoin miner, has started mining at a six-megawatts solar-powered facility in the western part of Colorado.

Aspen Creek was founded in January, and its mining operation is co-located at a solar farm that has a capacity of 10 megawatts. The company wants to start with mining bitcoin at its data center and eventually offer computing services to other businesses, according to a statement shared with CoinDesk.

More 🔗 CoinDesk

Green Data Chain Harnesses Green Energy to Mine Bitcoin

Green Data Chain es una empresa de minería Bitcoin que trabaja con energía verde.

The Spanish company Green Data Chain (GDC) runs a farm that uses animal manure to generate energy through biogas, which is then used to mine Bitcoin. This method of production also generates a negative balance in CO2 emissions, positively impacting the environment.

As we already know, the Bitcoin and other cryptocurrency mining industry is constantly being singled out for its high level of energy consumption. And many of the companies involved in digital mining are looking to reduce carbon emissions.

More 🔊 Mundo Criptomonedas

Goldman Sachs Leading Investor Group to Buy Celsius Assets: Sources

Goldman Sachs is looking to raise $2 billion from investors to buy up distressed assets from troubled crypto lender Celsius, according to two people familiar with the matter.

The proposed deal would allow investors to buy up Celsius’ assets at potentially big discounts in the event of a bankruptcy filing, the people said.

Goldman Sachs appears to be gauging interest and soliciting commitments from Web3 crypto funds, funds specializing in distressed assets and traditional financial institutions with ample cash on hand, according to a person familiar with the situation. The assets, most likely cryptocurrencies having to be sold on the cheap, would then likely be managed by participants in the fundraising push.

Read more 👉 CoinDesk

Where does on-chain yield come from?

DeFi is a large ecosystem with many different protocols, each offering different services and yield options. It can be thrilling to be on the hunt for the highest APY/APR (Annual Percentage Yields/Rates), still, it is essential to keep track of the sustainability of the source that pays out the yields so you don’t end up with unexpected losses.

If you don’t know where the yield comes from, then it comes from you — I don’t know who wrote this originally but it fits the subject very well

Follow ➕ Medium

Crypto Payments at NFT-themed Restaurant Bored and Hungry Stopped

The cryptocurrency industry is presently witnessing a slight collapse, with well-known enterprises either trying to take aggressive measures to avert disaster or outright failing as cryptocurrencies themselves experience a sharp decline in their price.

Going on the similar trends, the recently established NFT-themed Bored and Hungry restaurant, according to the Los Angeles Times report, now does not include cryptocurrencies as a method of payment for its food.

This move has come in the middle of a price volatility crisis that has surrounded the crypto ecosystem from all sides. It is important to mention that Bored and Hungry, the first cafe in the world with a Bored app theme, was the first restaurant to take Ethereum and ApeCoin as a form of payment for its services.

Follow 📌 Inside Bitcoins

Coinbase Adds Support for On-Chain Polygon and Solana Transactions

Coinbase is allowing customers to send and receive cryptocurrency on multiple networks, starting with Polygon and Solana, the exchange said in a blog post on Thursday.

Coinbase says the integration will make it fast and simple for customers to convert fiat to crypto and fund their Polygon and Solana wallets. MATIC and SOL are the native assets of Polygon and Solana, respectively, but native stablecoins will also be supported.

“Over the next month, eligible Coinbase and Coinbase Exchange customers will be able to send and receive ETH, MATIC, and USDC on Polygon, and they’ll be able to send and receive USDC on Solana. Over time, we’ll add support for more tokens and more networks,” Coinbase said in a blog post.

More 👁 CoinDesk

Airdrop Alert!

Arbitrum @arbitrum

Starting June 21st at 1pm EST, by using any of the bridges/cexs listed below to move ETH into Arbitrum, you’ll be able to claim the first NFT after the week ends. Users who end up using the bridge that had the most wallets bridging into Arbitrum are in store for a bonus NFT. 👀

Do not hesitate, subscribe and stay up to date with everything that happens in the Cryptoverse and the evolution of Tokeners DAO 👇

Subscribe now

And if you liked this post… Share it! Help us spread the Cryptos!

Share

We love to collect all opinions and points of view. Do you want to collaborate with us?

beToken my Friend EN

Write for beToken my Friend

Knowledge is found in the most unexpected places, sometimes we believe that we know nothing and it turns out we are experts at something. It is our duty to share it, because only in this way are the gaps filled to form the puzzle of Knowledge… and in the Cryptoverse there is nothing more important than learning…

4 months ago · beToken my Friend

Disclosure:

Authors may own funds and assets mentioned in this newsletter.

beToken my Friend is intended for informational purposes only. It is not intended to serve as investment advice. Consult with your investment, tax or legal advisor before making any investment decision.

Advertising and sponsorship do not influence editorial decisions or content. Third-party advertisements and links to other sites where products or services are advertised are not endorsements or recommendations by beToken.

beToken is not responsible for the content of the advertisements, the promises made or the quality or reliability of the products or services offered in any third party advertisement or content.

beToken my Friend EN

WeChat bans trading cryptos and NFTs and a…