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“shib”
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We have some big crypto news to talk About in the cryptocurrency market Including something that will impact the Crypto market today so I have an Important update to share with you guys In this video we're also going to cover Off on some other important things Happening in the cryptocurrency market And what's going to take a look at the Crypto prices how are they looking right Now what are the crypto prices doing so If you guys enjoy it make sure to hit The thumbs up button and guys let's get Straight into this video and have a look At this we have a big hack to watch out For so what has happened here it says Anchor confirms exploit ask for Immediate trading hold uh so you guys May or may not know anchor the protocol And uh it says here it's working with Exchangers to immediately halt trading Of its BNB staking rewards token a b and B c right here so unfortunately it does Look like another big exploit has Happened today in the cryptocurrency Market and it says here BNB chain-based Decentralized Finance protocol anchor Has confirmed it has been hit by a Multi-million dollar exploit under December the 1st the attack appeared to Be first discovered by on-chain security Analyst PEX shield on December the 2nd And uh what's happened here is the Attacker has been able to Mint 20
Trillion anchor award bearing staked BNB Tokens and that is not good right there And they have used a bunch of protocols To uh you know exploit the money get it Out and it does look like they are using Tornado cash to kind of funnel the money Around right now and uh but they have Said here all underlying assets on Anchor staking are safe at this time and All infrastructure services are Unaffected so this is just important to Be aware of in the crypto Market you Guys know exploits do happen all the Time in D5 and it's just part of the Reward and risk in the crypto Market but I do hope this malicious actor does see The long arm of Justice eventually but That is just an important update to be Aware of I also saw this one as well so Watch out for this cute coin draws Aya For sky-high yields on bitcoin dual Investment and earn products right here And you can see the the aprs right here Of 233 ethereum 253 and uh 100 on Tether Deposits uh but what's important to Understand about these is you know these Are dual investment products and uh Sometimes in crypto you always have to Understand what you're getting into so Even though the numbers the percentages Are big there's also risk associated With those earn products or those D5 Products right there what is the risk That's associated with you can
Potentially lose the value of your Crypto okay so anytime you see big Numbers in crypto the easiest thing to Understand is uh higher the reward Higher the risk is going to be anyone Who says it's low risk but big reward You know something fishy watch out for That because that could be something Very fishy and I always you always have To remember crypto High reward high risk And people have kind of pointed this out On cuecoin but you guys are probably Aware of this and how it works but it is An advanced D5 scheme the Dual Investment right there but that is Something important to be aware of in The market today and also have a look at This so we have some value coming out of CZ and he says right here utility value If something is used by people it has Value generally speaking the more people Who use it the higher the value and Liquidity is and absolutely and you know What this is exactly what gives cryptos A lot of value so what you're going to See in the crypto Market is those Cryptos up the top generally they're Going to have a lot of utility a lot of Value for example you know Bitcoin the Original there's a lot of people who Believe in this limited Supply that's Why it's market cap is so high you also Have ethereum so ethereum you can build On top of this chain lots of tokens and
Decentralized apps and also the second The fourth biggest one right here is BNB As well so again the more utility uh the Higher the value in cryptocurrency but Good lesson from C's out right here and Guys what do we need to be aware of in The crypto Market that can impact Cryptocurrency today so we do have some Things macroeconomic things that you do Need to pay a chance to this is coming Out of the USA right now we have seen You know the DOW close slightly lower Recently and what's going to happen very Soon is Friday so today is Friday I'm Almost losing track of the days all I Thought it was Thursday for a second but It is Friday today and this is coming Out today and uh you guys know we've had Some big updates from the Federal Reserve they are starting to you know Talk about softening interest rate rises In the future which has been bullish for The stock market but we also know what Is some important data that we do need To be aware of it says it right here Investors are looking to data on Non-farm payrolls the unemployment rate And hourly wages for insight into the Labor market okay so this is some key Data it's going to come out of the US Economy the U.S economy is still one of The most important things for crypto Right now and uh you know if this data Is bearish you know we could see some
Short-term volatility in the crypto Space I know a lot of people uh could be Could be seeing some fud out there if It's bullish though so if the item Employment rate is low the jobs numbers Are looking good we could see some Bullish momentum in the crypto space so It could potentially go either way if It's on expectations exactly what people Are thinking there may not be much of a Movement in crypto prices but if we do Take a look at the crypto prices today Guys have a look some cryptos are up in The double digits so ethereum and proof Of work crashing it up 19.1 percent 12.3 Percent hex so let me know in the Comment section below has anyone heard a Heck so they fans of hex crypto I've Looked into it it's an interesting Project but I'm interested to hear your Thoughts on Hex comment down below if You hold any hacks in your portfolio uh Luna classic so we know a lot about Lunar classic and lunar classic is Looking bullish guys 11.1 percent right There and we do take a look at the Broader crypto markets so you know Bitcoin holding relatively steady around The 17 000 level you know BNB still Pretty strong nearly around 300 xrp down Slightly today Dogecoin hovering around 10 cents roughly we've got shiver in you Holding uh steady as well and uh Luna Classic kind of moving up slightly in
The crypto space you guys can see right Here up 10 the last 24 hours so could Lunar classic push back into the top 30s That would be good and we want to see it Get higher and harder but that'd be very Exciting but guys that is a big update Watch out for the jobs today I hope you Guys got value out of the video If you Do smash the Thumbs Up Button appreciate You guys tuning in if you want to join The quest towards Financial Freedom all You need to do subscribe hit the Notification Bell and that's about it Guys have a good Friday and I'll see you Guys in the next one crypto Zeus signing Out