Upbit Stems Flow Of Fake APT Token, Resumes Services
The fake APT token, called ClaimAPTGift.com, made its way to over 400,000 Aptos user wallets.
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The fake APT token, called ClaimAPTGift.com, made its way to over 400,000 Aptos user wallets.
The spot CVD remained in a downtrend and did not support the idea of hefty demand for Aptos and questioned the idea of a rally for the token.
A fake token made to look like the real Aptos caused trouble on the Korean exchange Upbit. It made the APT token stop working for a bit because some people managed to put in the fake coins and take out real ones.
Exchange has resumed operations, but many are left wondering how such an issue will be prevented.
The newly created fake APT token called “ClaimAPTGift.com” made its way to 400,000 Aptos wallets, and users found they were able to deposit and sell it on the exchange.
Upbit, South Korea's largest cryptocurrency exchange has fallen victim to a massive scam involving fake APT tokens
The price of Aptos on the exchange, South Korea's largest, momentarily spiked 35% before crashing down following the bugfix.
On Sept. 24, Upbit reportedly halted the depositing and withdrawal of Aptos (APT) tokens after discovering that some of them were fake.
Upbit, South Korea's foremost cryptocurrency exchange, suspended all withdrawals and deposits of Aptos' native token APT after it was besieged by fraudulent activities involving counterfeit APT tokens on Sept. 24. The interruption of deposit and withdrawal services also affected the deposit return process for the actual APT token and the fraudulent digital asset.
South Korea's largest cryptocurrency exchange, Upbit, is grappling with a major security breach that has sent shockwaves through the cryptocurrency community. This is after the exchange discovered earlier on Sunday, that a fraudulent deposit had been made into its platform, with scammers successfully passing off a fake coin as the legitimate Aptos (APT) token.
Microsoft has teamed up with layer-1 blockchain firm Aptos Labs to further establish its presence in both the web3 and artificial intelligence (AI) arenas.
In a significant move to simplify the entry into the web3 ecosystem, Aptos Labs has integrated Coinbase Pay into its crypto wallet, Petra. This collaboration aims to provide a seamless experience for users to exchange value within the Aptos ecosystem, whether they are accessing Petra via a mobile device or a web browser.
Aptos has been gaining momentum on the business front considering the number of partnerships for the network. However, that hasn't led to any bullish momentum for APT.
Aptos Labs (CRYPTO: APT) is joining Coinbase (NASDAQ: COIN) Pay with the hope of solving the challenges currently facing web3 users. What Happened: Aptos Labs developed crypto wallet Petra has already been integrated with more than 160 decentralized applications.
Aptos Labs announces integration with Coinbase Pay as it aims to reduce friction during the onboarding process.
Aptos Network has released the "Aptos Move Analyzer" plugin for Visual Studio Code, enhancing the development experience for users of the Move programming language. The plugin offers features like "Go to Definition," "Go to Type Definition," "Hover," "Autocomplete," and error-free coding.
North Korean APT (Advanced Persistent Threat) group Konni exploits a recently disclosed WinRAR vulnerability to launch its first attack on the cryptocurrency sector.
Crypto token unlocking is a common practice where entities release previously frozen tokens to prevent large-scale sales by early investors and project teams.
Aptos, a Layer 1 protocol, is set to release 20 million Aptos (CRYPTO: APT) on Nov. 12, as per data from TokenUnlocks, thereby providing substantial liquidity. The APT is worth $103 million based on the token's current market price of $5.15.
Aptos (APT) is getting ready to release tokens valued a total of $103 million.
According to data from “Token Unlocks,” in November the Aptos project will release 20 million APTs, or about 112% of the total daily trading volume, which could be frowned upon by investors and trigger a downturn for crypto.
The collective 20 million APT to be unlocked then equates to 112% of the average daily trading volume over the prior 30 days, according to The Tie.
SlowMist reveals a sophisticated APT attack by North Korea's Lazarus Group targeting the cryptocurrency industry.
In a remarkable turn of events, the decentralized digital asset exchange, Sushi, has made a groundbreaking move by expanding its reach to the Aptos layer 1 blockchain. This strategic integration ushers in Sushi's cutting-edge Sushi v2 Automated Market Maker (AMM) and SushiXswap to the Aptos network, marking an unprecedented milestone in the world of decentralized exchanges (DEX).