Irina Sobol

Cyberdark's smile? All diamonds, no dental work! That's the vibe!

January 17, 2024 Reddit User Duped Out of $250,000 Worth of ETH in Cryptocurrency Phishing Scheme: Protecting Your Investments - In a shocking revelation on Reddit, a user recounted their experience of being swindled out of an amount equivalent to $250,000 in Ethereum (ETH) due to a sophisticated crypto airdrop fraud. The alarming incident surfaced when the Reddit user shared their ordeal on the platform in December. They detailed how 100 ETH, invested in Aave for interest accrual, vanished from their account without their knowledge. Crypto Phishing Scam Siphons Off 100 ETH The Reddit post expressed the user's dismay, "I am shivering right now. I had around 100 ETH invested in Aave for interest, and suddenly, I realized that 100 AAVE ETH had been illicitly withdrawn from my account. I need assistance." The Reddit user recounted that the loss resulted from interacting with a fraudulent Frames airdrop. Responding to the post, another user commented, "This was a costly lesson worth a quarter million dollars. Be more vigilant with counterfeit airdrops. It's like chasing small gains with a huge amount at risk..." Crypto airdrops, typically involving the free distribution of tokens to wallet holders, have become a favorite tool for scammers to phish for user credentials and drain funds. The culprit's wallet displayed a history of sending fake, valueless tokens, with the 100 ETH heist being the most significant. Other scams linked to the same wallet included minor amounts of tokens like PEPE, RIO, and PAAL. Regrettably, the Redditor couldn't retrieve the stolen ETH, now valued at over $250,000. The scammer's wallet has been tagged as "Fake_Phishing270904" to alert others to its fraudulent activities. Safeguarding Crypto Investments: Best Practices Investors can protect their crypto assets through the following measures: Steer clear of dubious links or websites. Utilize secure, reputable cryptocurrency exchanges. Implement two-factor authentication on all accounts. Prefer cold storage or hardware wallets for storing most assets. Securely store seed phrases and passwords offline. Exercise caution around fictitious airdrops and giveaways. Use separate wallets for airdrop participation. As cryptocurrency gains widespread acceptance, vigilance against both new and existing scamming techniques is crucial. Adopting these protective strategies can help investors avoid the costly fate of the Reddit user who lost a significant sum in ETH. Being well-informed and cautious is the key to securing one's crypto investments.

"I asked my math book, 'What’s your favorite part about math?' It replied, 'Equality!'

And if I already have a lot of posts, will you cover the cost for the bottom ones? ?

Salana airdrop season is just getting started and 2024 could be a really big year for early adopters. This presents an opportunity to receive life-changing money simply by clicking a few buttons and making a few on-chain transactions. In this blog, we will provide you with a complete checklist and strategy for getting Salana airdrops in 2024 and beyond. Whether you want to be more aggressive in farming Salana airdrops or simply want to throw out a few seeds for some set-and-forget airdrops, this checklist and strategy will guide you. Let's dive in! The Salana Ecosystem The Salana ecosystem is already massive and growing rapidly. With the rebound of the price of Soul from bear market lows, the ecosystem is gaining even more momentum. Out of all the projects in the Salana ecosystem, we have compiled a list of the most likely targets to receive decent money through airdrops. These projects either already have a token and are airdropping to ongoing users, have confirmed a token release in the next year, or are speculated to have a token in the near future. Even if only a few projects on this list turn out to be heavy hitters, receiving a few five-figure airdrops can be a great way to kickstart your journey to crypto wealth. The Checklist and Strategy The checklist and strategy provided here will help you maximize your potential airdrop farming returns in 2024. The list includes various apps and protocols in the Salana ecosystem, each requiring different activities to qualify for airdrops. Whether it's lending, borrowing, staking, trading, or providing liquidity, each app has its own set of requirements. We will go through the list briefly, but you can access the complete checklist in the description or pinned comment of this video. Margin F Margin F is a lending, borrowing, and staking platform. By lending and borrowing crypto assets on this platform, you can earn points that will be rolled over into an airdrop allocation in the next year. The longer you keep your loan on the platform, the more points you accumulate. Camino Camino is another DeFi platform where you can lend and borrow crypto assets, provide liquidity, and use leveraged staking and options vaults. They have a point system coming soon, which will likely result in an airdrop. It is recommended to prioritize Margin F as they are closer to an airdrop, but getting into Camino early is also a good idea. Medora Medora is a DeFi platform where you can provide liquidity and farm liquidity for additional yield. It is another airdrop target in the DeFi category. Parcel Parcel is a platform where you can trade real-world assets linked to real estate markets. You can also provide liquidity and earn points for trades and liquidity provision, which will likely result in an airdrop. Drift Drift is a decentralized exchange and DeFi platform where you can trade perpetual options, lend, borrow, stake, and provide liquidity. The minimum deposit on the platform is $50, so you need to have that amount of money to get started. Zeta Zeta is another decentralized exchange for trading perpetual options. Holding a ZPass NFT and being a profitable trader can earn you points multipliers, increasing your potential airdrop allocation. Phoenix Trade Phoenix Trade is a simple trading platform where you can trade tokens. While it is uncertain if they will have an airdrop, it doesn't hurt to generate some volume by doing one or two trades per week or month. Mayan Mayan is a DEX bridge combo where you can swap and bridge between different blockchains. It is useful for token swaps between Ethereum layer 2 and Salana. Be cautious of slippage, especially with cross-chain swaps. Wormhole Wormhole is a bridge that allows you to bridge to and from the Salana blockchain from Ethereum. By bridging tokens, you have a good chance of qualifying for the Wormhole airdrop. Marinade and Soul Marinade Finance and Soul are staking platforms where you can earn tokens by staking your assets. While they already have tokens, earning tokens through staking can be an ongoing process, resulting in a continuous flow of rewards. Fractal Fractal is a gaming platform where you can play games, earn points, and collect rewards and NFTs. It is a great opportunity to qualify for potential airdrops. NFT Platforms There are three NFT platforms in the Salana ecosystem that will likely have airdrops: Tensor, Magic Eden, and Drip Protocol. These platforms require activities such as listing, bidding, trading, and market-making to earn points and increase your chances of receiving airdrops. Keep in mind that some activities may require a significant capital investment. Wallets Backpack and Phantom are two wallets in the Salana ecosystem. Using these wallets for swaps and transactions can potentially qualify you for airdrops. Conclusion Farming Salana airdrops in 2024 is a promising activity that can potentially bring significant returns. By following the checklist and strategy provided, you can engage with various apps and protocols in the Salana ecosystem and increase your chances of receiving valuable airdrops. Whether you choose to be more aggressive or take a set-and-forget approach, spending a few minutes each week to click a few buttons and make on-chain transactions can lead to a positive expected value activity. Start your journey to crypto wealth with Salana airdrops today!

In this blog, we will explore the benefits of the Salana network and the opportunities it offers for investors. Salana is a smart contract network that aims to be the better version of Ethereum, with faster transaction speeds and lower fees. We will discuss the advantages of being on the Salana network, including its market cap and TVL (Total Value Locked) ratio. Additionally, we will explore some of the platforms, such as Orca and Radium, that provide opportunities for earning passive income through decentralized finance (DeFi). The Benefits of Salana Network The Salana network is currently the fourth largest token, with a market cap of $46 billion. While it is often considered the third largest token, excluding USDT, its market cap has reached an all-time high of $80 billion. One of the main benefits of Salana is its low transaction fees. Executing a transaction on the network costs less than a penny, with an average cost per transaction of 0.0025. This makes it much cheaper than executing transactions on the Ethereum network, which can cost up to $14 per transaction. Salana is also known for its speed and scalability. Despite having a large number of users, the network remains fast and efficient. This is beneficial for liquidity providers, as they can provide any amount of capital without being affected by high gas fees. Unlike Ethereum, Salana is not a layer 2 network or connected to the EVM (Ethereum Virtual Machine). It uses a separate wallet, such as the Phantom wallet, to interact with the network. Salana's TVL on its DeFi platforms has been growing substantially in the past few months, reaching $1.47 billion. It has the potential to surpass other networks, such as Ethereum and Binance Smart Chain, in terms of TVL. The Salana network has experienced an 18% increase in the past day, a 30% increase in the past 7 days, and a 145% increase in the past month. Despite having a smaller TVL compared to Ethereum, Salana has a similar 24-hour trading volume, indicating its potential for growth. Opportunities on the Salana Network Orca and Radium are two prominent platforms on the Salana network that offer opportunities for earning passive income through liquidity provision. Orca currently has a TVL of $200 million, while Radium has a TVL of $125 million. Both platforms provide concentrated liquidity pools with high returns. On Orca, there are various pools that offer attractive returns. The Salana to USDC pool has been yielding roughly 7% per day, while the USDC to USD pool offers 0.7% per day. The M-SOL to SOL pool provides a yield of 0.6% per day. These pools allow users to stake their assets and earn a passive income, with the Salana to USDC pool offering a yearly return of approximately 250%. It is important to note that investing in these pools requires understanding the strategies involved and the risks associated with impermanent loss. Radium, as another decentralized exchange on the Salana network, offers similar opportunities for liquidity providers. The platform has seen a 116% increase in TVL in the past month and currently offers attractive returns. For example, the SOL to USDC pool on Radium provides an APR of approximately 305%, with 30% of the return being in Radium tokens. These returns demonstrate the potential for earning passive income through liquidity provision on the Salana network. Conclusion The Salana network provides a range of opportunities for investors to earn passive income through liquidity provision. With its low transaction fees, fast transaction speeds, and growing TVL, the network has the potential for significant growth. Platforms like Orca and Radium offer attractive returns for liquidity providers, allowing them to earn a passive income on their assets. However, it is important to understand the risks involved and have a clear strategy when participating in these pools. By taking advantage of the opportunities on the Salana network, investors can benefit from the growth of decentralized finance and build a robust passive income portfolio.

These days, everyone's scamming in NFT games. What you're talking about is all nonsense now.

The attitude is neutral - I neither deceive nor fall for deception myself.

Thanks for the article, looking forward to the sequel!