Daily Crypto NewsEDITION #606, 07 October 2022

BNB-Chain, wake up! So many REKTs ahead…

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Hey Moni Maker 🧞‍♂️

Today, in 1950, Mother Teresa founded the Missionaries of Charity. Ofc, as many people as there are opinions, there are both good and bad things about Teresa, but...in our world today, there is enough shit to go around. 

So you should not pay too much attention to negative news, even if you have lost your crypto because of it. 

Let's go! 

BNB Chain, aka BSC, aka CZ child, has been exploited and lost $100m

GM, Gem City! We'd to say the negative crypto flow has been stopped, but we could not. Because BNB Chain has been stopped, but not the crypto FUD.

8 hours ago hackers exploited BSC Token Hub. Ofc, the team has stopped the whole BNB Chain on which the project is running. 

CZ flexes a little like yes, BNB Chain was hacked but it lost $100million so 1/4 of BNB tokens the team usually burns. PeckShield reports hacker withdrew $89,5 to other chains. 

Looks like BNB Chain will be restored in 1 hour...FYI. 

UPD The chain is online

#MONIVERSITY

Contagion

Arthur Hayes is back, bitches! Oh, plebs, sorry. So. The new essay will blame awful economical politics and tell us why Arthur thinks crypto market will be growing. 

Check it here. Btw, TL;DR: 

- About the feckless money politics

- How the Bank of England f@cked up and so will everyone else

- The EU is in danger because Germany may be screwed for lack of cheap energy

- Everyone will have to turn on the printer sooner or later, except the U.S.  

- Crypto will become more expensive because people will put money into it

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GLOSSARY WORD

NGMI - is an acronym for "not gonna make it". It usually used to describe a situation when a person does not want to buy Bitcoin or another token, because he is afraid of losses. And that's why he won't make money in the future.
 

And more you can find in our Glossary!

GOOOOO

Some more news?! 

– Opensea is allowed to buy NFTs in bulk up to 30 units

– Mastercard: no more risks when buying cryptocurrency

– "Fed rate cut will boost bitcoin growth" - trader Mike Novogratz

– NFT collection from bankrupt Three Arrows Capital will soon be liquidated

HA-HA-HA!  

meme of the DAY      

    ⚽️: Telegram and Twitter! And do not forget to download the Moni App :)      

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