Home / Cardano News /Earn 175% APR Through ApeCoin (APE) Staking On LBank Exchange

Earn 175% APR Through ApeCoin (APE) Staking On LBank Exchange

17 Dec 2022

On Dec. 14, 2022, the crypto exchange Gemini revealed that some Gemini customers have been the target of phishing attacks that the firm believes stem from a third-party vendor leak. While reports disclosed that Gemini’s leak was approximately “5,701,649 lines of information pertaining to Gemini customers,” Gemini did not disclose how many customers were affected by the breach. Moreover, according to Bleeping Computer’s cybersecurity author, Ionut Ilascu, data from Gemini’s customer info leak has been advertised for sale on hacker forums as early as Sept. 2022.

Three days ago, Bitcoin.com News reported on the crypto exchange Gemini after it was discovered that a database that contains phone numbers and email addresses of 5.7 million Gemini users was leaked. The crypto reporter Zhiyuan Sun detailed that he witnessed documentation that had shown “5,701,649 lines of information pertaining to Gemini customers.”

Gemini addressed the issue on Dec. 14, 2022, in a blog post and it explained that the breach likely derived from a third-party vendor. The exchange did not explain how many customer accounts were affected and Gemini did not detail which third-party vendor was responsible for the data breach. The following day, after Gemini’s blog post published, Bleeping Computer’s cybersecurity author, Ionut Ilascu, published an article that explained Gemini’s leaked database has been advertised for sale since Sept. 2022.

Ilascu says there were “multiple posts on a hacker forum” that had shown the leak was for sale, with one discovered by the cybercrime intelligence platform Kela. One user attempted to sell the leak for 30 BTC or roughly $500K using today’s bitcoin exchange rates. Ilascu further disclosed that the data leak also showed up on hacker forums in Oct. 2022, when the seller leveraged “a different alias.”

Another person shared the info in mid-November on a hacker site and this particular post said that not only did the leak contain Gemini data, but allegedly other exchanges were included. The post published on Breachforums also offered the database for free before the account was banned from the forum. The now-banned user also told forum users that three digits from the sets of customer phone numbers were missing from the database leak.

What do you think about the Gemini data leak being advertised on hacker forums in September? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.

On Dec. 14, 2022, the crypto exchange Gemini revealed that some Gemini customers have been the target of phishing attacks that the firm believes stem from a third-party vendor leak. While reports disclosed that Gemini’s leak was approximately “5,701,649 lines of information pertaining to Gemini customers,” Gemini did not disclose how many customers were affected by the breach. Moreover, according to Bleeping Computer’s cybersecurity author, Ionut Ilascu, data from Gemini’s customer info leak has been advertised for sale on hacker forums as early as Sept. 2022.

Three days ago, Bitcoin.com News reported on the crypto exchange Gemini after it was discovered that a database that contains phone numbers and email addresses of 5.7 million Gemini users was leaked. The crypto reporter Zhiyuan Sun detailed that he witnessed documentation that had shown “5,701,649 lines of information pertaining to Gemini customers.”

Gemini addressed the issue on Dec. 14, 2022, in a blog post and it explained that the breach likely derived from a third-party vendor. The exchange did not explain how many customer accounts were affected and Gemini did not detail which third-party vendor was responsible for the data breach. The following day, after Gemini’s blog post published, Bleeping Computer’s cybersecurity author, Ionut Ilascu, published an article that explained Gemini’s leaked database has been advertised for sale since Sept. 2022.

Ilascu says there were “multiple posts on a hacker forum” that had shown the leak was for sale, with one discovered by the cybercrime intelligence platform Kela. One user attempted to sell the leak for 30 BTC or roughly $500K using today’s bitcoin exchange rates. Ilascu further disclosed that the data leak also showed up on hacker forums in Oct. 2022, when the seller leveraged “a different alias.”

Another person shared the info in mid-November on a hacker site and this particular post said that not only did the leak contain Gemini data, but allegedly other exchanges were included. The post published on Breachforums also offered the database for free before the account was banned from the forum. The now-banned user also told forum users that three digits from the sets of customer phone numbers were missing from the database leak.

What do you think about the Gemini data leak being advertised on hacker forums in September? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.

Cardano fell to a fresh all-time low on Saturday, as prices plunged by over 10% to start the weekend. The move saw the token drop for a third straight session, as a red wave swept through cryptocurrency markets. Binance coin also moved lower, dropping for a seventh consecutive day.

Cardano (ADA) moved to a fresh all-time low to start the weekend, as prices dropped for a third straight session.

Following a high of $0.3011 on Friday, ADA/USD moved to a low of $0.2603 earlier in today’s session.

The move saw the token plunge by nearly 13% earlier in the day, hitting a new all-time low in the process.

Looking at the chart, the drop comes as the 10-day (red) moving average crossed its 25-day (blue) counterpart.

This signals a shift in price momentum, and comes as the relative strength index (RSI) fell deeper into oversold territory.

As of writing, the index is tracking at 24.13, which is its weakest point since October 21.

Binance coin (BNB) was another notable token to fall today, with prices dropping for a seventh straight session.

Recent declines have come as financial firm Mazars halted its audit of Binance’s reserves.

As a result of this, BNB/USD fell to a low of $221.00, which comes a day after hitting a high of $264.25.

Overall, the token is now down by nearly 20% in the last week, and is down 10.88% as of writing.

Similar to cardano, the RSI on BNB is currently trading near the 24.00 mark, which is deep in oversold territory.

BNB is currently trading at its lowest point since July 13.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
ada, Analysis, binance coin, bnb, Cardano

What other factors are behind today’s decline in crypto prices? Let us know your thoughts in the comments.

Eliman brings an eclectic point of view to market analysis, he was previously a brokerage director and retail trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX.

Image Credits: Shutterstock, Pixabay, Wiki Commons, sdx15 / Shutterstock.com

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse

United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE's digital economy and virtual assets initiatives. First Projects Already Underway The ... read more.

Cardano fell to a fresh all-time low on Saturday, as prices plunged by over 10% to start the weekend. The move saw the token drop for a third straight session, as a red wave swept through cryptocurrency markets. Binance coin also moved lower, dropping for a seventh consecutive day.

Cardano (ADA) moved to a fresh all-time low to start the weekend, as prices dropped for a third straight session.

Following a high of $0.3011 on Friday, ADA/USD moved to a low of $0.2603 earlier in today’s session.

The move saw the token plunge by nearly 13% earlier in the day, hitting a new all-time low in the process.

Looking at the chart, the drop comes as the 10-day (red) moving average crossed its 25-day (blue) counterpart.

This signals a shift in price momentum, and comes as the relative strength index (RSI) fell deeper into oversold territory.

As of writing, the index is tracking at 24.13, which is its weakest point since October 21.

Binance coin (BNB) was another notable token to fall today, with prices dropping for a seventh straight session.

Recent declines have come as financial firm Mazars halted its audit of Binance’s reserves.

As a result of this, BNB/USD fell to a low of $221.00, which comes a day after hitting a high of $264.25.

Overall, the token is now down by nearly 20% in the last week, and is down 10.88% as of writing.

Similar to cardano, the RSI on BNB is currently trading near the 24.00 mark, which is deep in oversold territory.

BNB is currently trading at its lowest point since July 13.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
ada, Analysis, binance coin, bnb, Cardano

What other factors are behind today’s decline in crypto prices? Let us know your thoughts in the comments.

Eliman brings an eclectic point of view to market analysis, he was previously a brokerage director and retail trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX.

Image Credits: Shutterstock, Pixabay, Wiki Commons, sdx15 / Shutterstock.com

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse

United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE's digital economy and virtual assets initiatives. First Projects Already Underway The ... read more.

PRESS RELEASE. INTERNET CITY, DUBAI, Dec 16, 2022 – LBank Exchange, a global digital asset trading platform, has recently launched ApeCoin (APE) staking in its “Earn” – “Flexible” section, users will be able to earn APE token with an annual return of 175% (floating adjustment), and withdraw anytime without locking.

APE Staking Is the New Trend

Recently, ApeCoin DAO (ApeDAO) has established an official staking protocol for ApeCoin (APE), which was created as a way for APE, BAYC, MAYC, and BAKC holders to earn rewards through staking. APE can be staked by itself or in conjunction with a BAYC, MAYC, or BAKC in one of the four staking pools, with each pool offering different levels of rewards.

The protocol was proposed in AIPs 21 and 22 and subsequently approved by the community on May 4, 2022. Following approval, the Ape Foundation enlisted Horizen Labs to provide a platform for the staking protocol according to the specifications set forth in the AIPs.

Staking is a common way to earn passive income in crypto space. This protocol basically allows holders of APE to put their idle tokens to work by staking them within various pools and earning additional rewards in the form of more APE. Being more than just a simple staking pool, the protocol has the distinction of offering layers of rewards for holders of certain NFTs. These NFTs grant holders access to exclusive staking pools, operating like a safe-deposit box key.

According to the recent data on dune.com, the protocol’s APE-Only Pool has reached an astonishing 175% APR. Apparently, staking APE has become a new trend. However, in order to join these staking pools, one must meet some requirements that may not be easy to meet. For instance, some pools require users to own Yuga Labs’ official NFTs to join, and these NFTs cannot be sold while it is committed in a BAYC or MAYC pool, otherwise users may lose all of their staked APEs.

Earn APE on LBank Exchange

To provide an alternative solution, LBank Exchange recently launched its own APE Staking in its “Earn” – “Flexible” section. Users will be able to earn 175% APR (floating adjustment) and enjoy daily rewards settlement by simply joining. And since it’s “Flexible”, there’s no locking required, users can withdraw their staked APE tokens whenever they want.

To join the APE Staking on LBank Exchange, just click Earn and find the APE on the list, then click “Join Now”. The minimum interest-bearing amount requires that users’ account assets are not less than 6 APE tokens, and there’s no limit on the maximum interest-bearing amount. The settlement process includes interest calculation on T+1 and interest payment on T+2.

Follow the new trend in crypto and seize the opportunity to earn 175% APR through APE Staking on LBank Exchange right now!

Click [Earn] to Participate

* Assets registered in “APE Staking” do not affect trading or withdrawal. However, after registration, the assets that have been traded or withdrawn will not enter the interest calculation of the day. The amount gap will be released at 2:00 pm the next day.

* The freezing assets due to orders and participation in activities does not affect the interest calculation of assets.

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.

Start Trading Now: lbank.com

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Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

Source From : News

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