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Hey Waivly Crew! 🌊 Binance has signed a cooperation agreement with Dubai World Trade Centre Authority (DWTCA). Yesterday scammers successfully stole $150K worth of crypto from Fractal’s Discord server members.
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Binance signs agreement with Dubai World Trade Centre
Crypto exchange Binance announced on Tuesday that it had signed a co-operation agreement to join the Dubai World Trade Centre Authority’s new crypto hub. This comes after the Dubai World Trade Centre announced it was becoming a cryptocurrency zone in Dubai on Monday.
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The agreement, of which is a Memorandum of Understanding specifically, means that Binance, as per their announcement and as part of the deal, will help the authority “outline the vision of accelerating the set-up of a new industry hub for Global Virtual Assets”.
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“Binance believes that Dubai’s new agenda will contribute to the growth of the global economy”, the company said in a statement, further adding; “The goal is to assist crypto exchanges, businesses that offer blockchain and Distributed Ledger Technology (DLT) services, and a wide range of digital currencies and assets to become licensed in Dubai”.
Jack Dorsey is all for Bitcoin replacing the Dollar
In a reply to a tweet by music artist Cardi B which stated “Do you think crypto is going to replace the dollar?”, former Twitter CEO and current CEO of Block, Jack Dorsey, said that crypto, Bitcoin specifically, will replace the Dollar, and we couldn’t agree with him more.
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Dorsey has always been a huge fan of crypto, and pushed on Bitcoin specifically heavily, so it comes as no surprise to hear his take on Cardi B’s tweet. What do you think? Do you think crypto has the power to overtake the Dollar? We sure do.
The Waves
🚀 CryptoPunk 9137 sells for 310 ETH
📈 Terra surpasses Binance to become second-largest DeFi protocol
❓ Donald Trump says crypto is 'very dangerous'
📱 Google Voice now lets you decide who goes to voicemail
Tech Special
Hacker steal $150K worth of crypto from Fractal
Twitch co-founder Justin Kan’s new NFT platform Fractal has been affected by a major security breach.
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Yesterday, users in Fractal’s Discord server were excited to get a limited-edition NFT after a scammer accessed the server's announcement bot and posted a fake mint link that promised users access to 3,333 commemorative NFTs.
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Users who clicked on the link and connected their crypto wallets, quickly noticed that their holdings of Solana (SOL) cryptocurrency were emptied and transferred to the scammer's account. As a result, the hacker made out with 800 SOL (~$150,000).
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Kan later acknowledged the scam on Twitter, saying, "The announcements bot on our @fractalwagmi discord was hacked. Do not go to any url and connect your wallet / mint anything." Over the next few days, Fractal will fully compensate all of the victims.
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Tesla announces free Supercharging over the holidays
Tesla has announced the availability of free supercharging for its vehicles during the holidays.
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To make things less stressful and help avoid the rush while traveling over the holidays, from December 23rd to December 26th, Tesla owners will be able to ”charge for free during off‑peak hours at Superchargers along select travel routes in the United States."
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The offer will be available in multiple states, including Arizona, California, Colorado, Florida, Nevada, New Mexico, Oklahoma, Oregon, Pennsylvania, Texas, and Utah.
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Last month Tesla introduced the same ability for Thanksgiving, but it was only available to select California travel routes.
Own and secure your crypto
If you’re into cryptocurrency and own crypto assets, you need a secure place to store your coins and tokens. You probably already know that you shouldn’t store your crypto on an exchange due to potential hacks, not being solely in control of your crypto’s private keys, and for other reasons, and so a hardware wallet is the way to go and the best option to protect your private keys, therefore, you should make the move to a Ledger wallet.
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Ledger wallets are an extremely secure and premium way to secure, manage, and grow your crypto assets with their Bluetooth-enabled hardware wallets, and easy-to-use app which lets you manage your portfolio on the go. They let you manage multiple assets, buy, sell, grow, and exchange crypto, gain financial freedom by you being in full control and ownership of your private keys, and so much more.
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The wallets are really simple to setup, and to move your crypto over to, so there’s no reason not to secure your assets and take control of your cryptocurrency now and get yourself a Ledger device. You can manage 1800+ coins and tokens directly in the Ledger Live app once you’ve got your device up and running, so you’ll always have your entire portfolio covered.
Share The Wave
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