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HomeCryptocurrencyGandalfs Rip-off Report Vol. IV:Crooks Handled Gently Acquire US

Gandalfs Rip-off Report Vol. IV:Crooks Handled Gently Acquire US

This morning I used to be studying information on bitcoin.com, and I used to be shocked when I discovered a press launch with the headline You Can Now Earn 200% on Your investments with ETHx2.io. That may be a phenomenal revenue, and what’s EYHx2? It received my undivided consideration, and I began to learn their simply launched newsflash.

Bitcoin.com was the very best crypto information website of the yr 2019, and it is among the cornerstones of data sources within the cryptocurrency world.

So it got here fairly behind the bushes once I realized there’s a rip-off challenge of their press releases. That revelation gave a thought to my thoughts immediately, how the fu.. this was potential? The very first thing i did was inform the press of ot the information large.

ETHx2 fked up their second within the press launch as a result of their web site is filled with errors and lapses. They’re so quite a few that I’ve to write down a sequel to this weblog submit if I point out all of them. So right here comes the very best few, for my part.

There was a hyperlink to etherscan.io, a great factor normally when inspecting a website, however not on this case. When checking the contract part, the yellow warning tells potential bugs. You can not have them in audited code. After that, I checked the place the place the contract safety audit ought to be, and there was nothing, KABOOM. The final proof is the “safeguardFunds” perform, within the precise contract supply code, that they will use to withdraw all of the belongings.

After the etherscan, the audition half deserves checking. When following the hyperlink to the audits firm webpage, the reality hits me once more straight to the face; smartauditpro.com is pretend too. The one advantage of it was that it was even a worse high quality website than their etherx2 pals have.The corporate claims that they’ve made 60 audits, however not even one leads wherever when backtracking the hyperlinks.


Speaking concerning the audits, typically even a number of audits can not discover the precise vulnerabilities. It occurred with harvest.finance, the corporate that I discussed within the final weblog submit. The flash mortgage based mostly market manipulation fraud hit the platform and topped up its masterminds pockets by 24 million USD. If you need the complete particulars of this incident, right here is an astoundingly wonderful and correct weblog submit of it: https://news.bitcoin.com/you-can-now-earn-200-on-your-investments-with-ethx2-io/

Each of those two completely different sorts of cryptocurrency scams increase ideas in my thoughts. Why is market manipulation virtually acceptable within the crypto communities? It’s a grave crime in the true world, and should you get caught in it, you face extreme punishment. When harvest.funds criminal crammed his pockets with thousands and thousands, the feedback weren’t blaming, however extra like that the thief was “utilizing the system,” or “he was succesful consumer”, within the attacker’s protection, I’ve to say, that would have taken much more if he needed, 400 million USD. However as a result of the rationale we do not know, he did not. Possibly the rationale was that his wrist received uninterested in clicking the mouse for 7 minutes what he did accumulating 45 million. However the sufferer of this “financial assault” harvest.finance, did one thing unbelievable. They let everybody know that they know the attacker. Right here is the image of their feedback. On this case, they definitely did know his face.

Gandalfs Rip-off Report Vol. IV:Crooks Handled Gently Acquire US Obtain US

The second thought was if something could be virtually accepted, forgiven, and even rewarded with a whole bunch of hundreds of {dollars}, what are we to count on subsequent?

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