Masoom (@cryptomasoom) header
Masoom (@cryptomasoom) profile picture

Blockchain & Crypto - enthusiast l Opinions are my own, not financial advice l RT's are not endorsements. Love to learn new things.

Hyderabad, India
Joined July 2014
Photo by Masoom (@cryptomasoom)Photo by Masoom (@cryptomasoom)Photo by Masoom (@cryptomasoom)Photo by Masoom (@cryptomasoom)Photo by Masoom (@cryptomasoom)Photo by Masoom (@cryptomasoom)Photo by Masoom (@cryptomasoom)Photo by Masoom (@cryptomasoom)Photo by Masoom (@cryptomasoom)
JUST IN: Binance says hackers used a fake job interview to hack an employee and gain access to its internal crypto wallets.
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Why Quantum Computers Can Never Break Bitcoin
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18 years ago today, Satoshi released the #Bitcoin whitepaper. What a legend! 🙌
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The FBI is releasing information advising the Democratic People's Republic of Korea (North Korea) was responsible for the theft of more than $6 billion USD in virtual assets from cryptocurrency exchange, Binance, on or about October 29, 2026. The FBI refers to this specific North Korean malicious cyber activity as "TraderTraitor." The FBI, together with partners at the USSS and IRS-CI, has observed TraderTraitor actors converting stolen assets primarily into Ethereum (ETH). It is expected these assets will then be further laundered by converting them using DeFi and instant swap services as they prepare them for further laundering stages. How You Can Help: FBI, USSS, and IRS-CI are urging private sector entities including THORNode operators, RPC node operators, instant exchanges, DeFi services, blockchain analytics firms, and other virtual asset service providers to block transactions with or derived from addresses TraderTraitor actors are using to launder these stolen assets. A list of addresses associated with this activity is available here: fbi.gov/investigate/cyber/al…
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Possibly the best Bitcoin explainer video for kids and adults 🧡 by @tether
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Masoom retweeted
Binance has begun recovering affected assets for users and continues to work with law enforcement, issuers, blockchain intelligence firms and industry partners to trace, freeze and recover additional funds. The company has already publicly committed to cover losses through company funds in the prior announcement. Binance has already reserved over $6.34B of company funds to cover this incident. $5B of these funds are already held in the exact token assets that were impacted. We are completing the purchase of the remaining amount by buying token assets through market channels and OTC channels. We are doing this to match the format of the remaining token assets and address any asset shortfalls. This step can take longer because some tokens may have low liquidity and OTC settlement also takes time. We will share more progress as soon as we can. These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification. Currently, $3bn has been frozen, with thanks to our industry partners. We are working with partners and law enforcement to recover the frozen assets.We will continue to use company resources to cover confirmed shortfall and will provide further verified updates as recovery efforts progress. Ultimately, all user funds will be verified publicly through our Proof of Reserves. We will weather this storm. Thank you for the support.
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User funds are SAFU! Yet, this pregnant lady 👇 pulled an all nighter, along side hundreds of Binancians. Many industry friends and even competitors (including some previously-not-so-friendly ones) provided very much needed help. 🙏 It hurts, but we will survive. 💪
Thank you for the collective support from the community.💛 We are currently conducting a security scan to ensure the safety of funds within the platform. 🙏 User funds SAFU.
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Masoom retweeted
Binance will cover all losses. As a precaution, all deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement. We are working around the clock and will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
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Masoom retweeted
User funds are safe. Binance will cover all hacking losses. Deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement. We will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
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BREAKING: Binance has been hacked with wallets across the Ethereum, Bitcoin, and TRON networks seeing outflows of -$5.7 billion. The hack includes $1.45 billion worth of Bitcoin and $875 million worth of ETH. If confirmed, this would mark the biggest hack in crypto history. We expect more information shortly.
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Masoom retweeted
Real life, baby
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Today, on my final day as Director of National Intelligence, I’m releasing never-before-seen communications and documents exposing how Dr. Fauci provided millions in US taxpayer dollars to fund dangerous gain-of-function research at the Wuhan lab, worked with politicized elements within the Intelligence Community to suppress the truth about his actions and hide the virus’ lab-leak origins, and lied to Congress while under oath in 2024. It’s time you know the truth. odni.gov/index.php/newsroom/…
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From @WSJFreeEx via @WSJOpinion: Elon Musk officially entered the canon of the greatest inventors, builders and capitalists not only of our time but arguably of humankind. What a time to be alive. What an extraordinary era to build, writes @EliseStefanik. on.wsj.com/4egINPn
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JUST IN: Elon Musk is now worth more than Bitcoin's entire market cap. Elon Musk: $1.4 trillion Bitcoin: $1.3 trillion
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Super stuff. Do listen to him. The points he makes are 👌👌👌
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🚨 BREAKING: BILLIONAIRE RON BARON SAID LIVE ON CNBC: "SPACEX IS GOING TO BE WORTH $10T, $20T, AND $30T, AND I COULD BE VERY LOW." THIS MAN BOUGHT THE 2008 CRASH AND CONTROLS OVER $53 BILLION IN ASSETS HE DEFINITELY KNOWS SOMETHING!!
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Masoom retweeted
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