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In the rapidly growing world of cryptocurrency, choosing the right platform for peer-to-peer (P2P) transactions is crucial. While Binance P2P is a well-known player in the market, Sonic Wallet offers several compelling advantages that make it a better choice for many users. Here’s why Sonic Wallet stands out: Lowest Fees in the Market Sonic Wallet prides itself on having the lowest fees in the industry. Unlike Binance P2P, which charges fees based on trading pairs and fiat markets, Sonic Wall

वज़ीरएक्स की "सामाजीकृत हानि रणनीति" हाल ही में हुए $230 मिलियन के सुरक्षा उल्लंघन से होने वाले नुकसान को अपने सभी ग्राहकों के बीच वितरित करने का एक विवादास्पद तरीका है। इस रणनीति के मुख्य पहलू इस प्रकार हैं: 1. हानि वितरण: वज़ीरएक्स का उद्देश्य साइबर हमले के वित्तीय प्रभाव को उन ग्राहकों पर केंद्रित करने के बजाय अपने पूरे उपयोगकर्ता आधार में फैलाना है जो सीधे प्रभावित हुए थे। 2. पोर्टफोलियो पुनर्संतुलन: एक्सचेंज ग्राहकों के पोर्टफोलियो को "पुनर्संतुलित" करेगा, उनके होल्डिंग्स का केवल 55% वाप

WazirX's "socialized loss strategy" is a controversial approach to distribute the $230 million loss from its recent security breach among all its customers. Here are the key aspects of this strategy: 1. Loss distribution: WazirX plans to spread the financial impact of the cyberattack across its entire user base, rather than concentrating the losses on those directly affected. 2. Portfolio rebalancing: The exchange will "rebalance" customer portfolios, returning only 55% of their holdings whil

On July 15, 2024, WazirX experienced a significant cyberattack. Hackers managed to breach the exchange's security systems, resulting in the theft of approximately $230 million worth of digital assets. This incident has sent shockwaves through the crypto community, raising serious concerns about the security of cryptocurrency exchanges. The stolen assets included a mix of Bitcoin, Ethereum, and various altcoins, affecting a large number of users who had their investments on the platform. In the

Gemini, a US-based cryptocurrency exchange, has disclosed a data breach affecting 15,000 customers. The incident, occurring between June 3-7, 2024, exposed sensitive information including names, bank account numbers, and routing numbers. The breach resulted from unauthorized access to an internal tool used by Gemini's banking partner. In response, Gemini has notified affected customers and initiated an investigation with external forensic experts. The company emphasizes that more sensitive data

Trump Embraces Bitcoin: Former President's Crypto Pivot Sparks Market Rally In a surprising turn of events, former President Donald Trump has emerged as an unexpected champion for cryptocurrencies, particularly Bitcoin. Speaking at the Bitcoin 2024 conference in Nashville, Trump unveiled a pro-crypto stance that has sent ripples through both the political and financial worlds. A 180-Degree Turn Trump's newfound enthusiasm for Bitcoin marks a dramatic shift from his previous position. During

Potential Bitcoin ETFs In Japan Franklin Templeton and SBI Holdings have formed a joint venture to prepare for the potential approval of Bitcoin ETFs in Japan. According to Nikkei, SBI Holdings will hold a 51% majority stake, while Franklin Templeton will own the remaining 49%. SBI Holdings has partnerships with Chiliz, Ripple, and Circle, and Franklin Templeton has been an early participant in asset tokenization. Franklin Templeton manages approximately $1.6 trillion in assets, with its Bitcoin