xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
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What is Phishing?
It is a common cyber-attack of sending fraudulent communications that appear to come from a reputable source.
Purpose of Phishing?
Hackers try to get personal data or sensitive information to fully gain control of your personal accounts or business entities' accounts. The worst hackers can do is steal data for sale or possibly ask for ransom fees.
How Phishing Works?
Hackers identify target audiences or groups
Counterfeit communications appear from a trustworthy source
Frequently use emotions like fear, curiosity, urgency, or greeting to offer helps and ask to share sensitive information or open attachments or click links
Types of Phishing
Spear phishing: target specific individuals to gain account access fully to a wide group of people or entities later
Business Email Compromise (BEC): sent fraudulent emails to ask for click on links or attachments
Whaling: pretending to be CEO or a big fish to ask you a favor to access login access
Social Media Phish: attack social media users with fraudulent helps support offering
Voice Phishing: calling to present support to obtain sensitive information
Common Crypto Phishing (Discord)
Winning Crypto: you will receive a message of winning a huge lottery and ask to either click a link to claim your winnings or go to the website to submit your account information
Claim Reward: a legitimate like direct message asking you to claim your reward from nowhere and click a link
Customer Supports: a legitimate like direct message offers support and ask you to fill out a Google document or go to the website to connect your wallet
Fake Bots: a common use bot that asks to verify your account and connect with your wallet
What To Do (Discord)
Think twice: do not click anything from a direct message
Check users’ names: check their profile, mutual servers shared, and mutual friends
Ask around before clicking: screenshot the conversation and share in the forum with others to verify
Search server with user names: research user name with shared server to see such user actually had any conversation in channels
Submit and report: click spam and block users
Here is a quick tip inforgraphic.
What is Phishing?
It is a common cyber-attack of sending fraudulent communications that appear to come from a reputable source.
Purpose of Phishing?
Hackers try to get personal data or sensitive information to fully gain control of your personal accounts or business entities' accounts. The worst hackers can do is steal data for sale or possibly ask for ransom fees.
How Phishing Works?
Hackers identify target audiences or groups
Counterfeit communications appear from a trustworthy source
Frequently use emotions like fear, curiosity, urgency, or greeting to offer helps and ask to share sensitive information or open attachments or click links
Types of Phishing
Spear phishing: target specific individuals to gain account access fully to a wide group of people or entities later
Business Email Compromise (BEC): sent fraudulent emails to ask for click on links or attachments
Whaling: pretending to be CEO or a big fish to ask you a favor to access login access
Social Media Phish: attack social media users with fraudulent helps support offering
Voice Phishing: calling to present support to obtain sensitive information
Common Crypto Phishing (Discord)
Winning Crypto: you will receive a message of winning a huge lottery and ask to either click a link to claim your winnings or go to the website to submit your account information
Claim Reward: a legitimate like direct message asking you to claim your reward from nowhere and click a link
Customer Supports: a legitimate like direct message offers support and ask you to fill out a Google document or go to the website to connect your wallet
Fake Bots: a common use bot that asks to verify your account and connect with your wallet
What To Do (Discord)
Think twice: do not click anything from a direct message
Check users’ names: check their profile, mutual servers shared, and mutual friends
Ask around before clicking: screenshot the conversation and share in the forum with others to verify
Search server with user names: research user name with shared server to see such user actually had any conversation in channels
Submit and report: click spam and block users
Here is a quick tip inforgraphic.
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