As you can see in the image above with the Fastest Assets to $500B, Ethereum is the one that achieved the fastest achievements and holds the record.

Timeline to $500B:

• Ethereum (ETH): ~5.8 years
• Exxon Mobil (XOM): ~7.9y
• Bitcoin (BTC): ~12 years
• Apple (AAPL): ~35 years

Ethereum did this in less than 6 years, what it took one of the most iconic companies on Earth more than three decades to achieve. Even Bitcoin, the OG of crypto took double the time.

Most people know Ethereum as “that crypto with smart contracts and NFTs,” but here’s a stat that puts things into perspective: it just became the fastest major asset in history to hit a $500 billion market cap.

This is not just a random milestone. This highlights how crypto and Ethereum is the fastest growing asset class ever created. We are watching the birth of a financial system that grows at internet speed. Ethereum is not just digital money, it is becoming the base layer for everything in the future, from DeFi, NFTs, gaming, DAOs, etc. Everything will be on top of Ethereum ecosystem.

Skeptics usually dismiss crypto as hype but the numbers are just brutal facts. Adoption curves are accelerating and capital is flowing so fast. Imagine not believing in a project with this amount of investment and insane metrics.

Source:

• Tweet: https://x.com/MilkRoadDaily/status/1959284546375217256

Hello all, my gate account has been hacked. I woke up this morning to over $16,000 stolen from my account.

I have 3 layers of security. Two factor, email password verification which sends the code and my funds password. All three layers were by passed.

I have looked through my events viewer to see if anyone has accessed my machine and all the event ID's show no access has been made.

I have traded for 10 years and have been obsessive over security I have never been hacked before this is the first time.

I am very aware of links, malware and phishing so I don't click about links. I don't and have not shared my password to anyone. I know very few people and no one has access to my house. I'm very private as a person.

Still all my funds on the exchange were withdrawn this morning and I went into a panic spin. Gate simply said, send us a support ticket and I need to all to my local police.

They have not been supportive at all. I never received one email from gate with a code to approve the transactions and my two factor is on all the time.

Unless the hacker deleted these email codes and got into my email, which I find so unlikely. I am not sure how it was all bypassed.

I have always traded manually but last night for the first time I tested a bot that gate offers with $2.

I have an API key that I've been testing my own bot with. I have not shared the api key with anyone. The bot I made I've run once and it is only to make spot trades not withdrawals. So it cannot be that, I have not shared that with anyone.

My simple earn subscriptions were all manually redeemed by the attacker and then withdrawn. To their wallet on the bsc chain. USDT had been withdrawn.

What are the recourse and steps out local police are useless. I highly doubt my machine was exploited as I only use it for my trading.

This becomes an issue where perhaps the exchange had a vulnerability exploited, but they would argue it was my device. Instead.

What are the steps from here? This is the first time it has happened to me. What do people normally do.

Thanks

Update:

Thinking over where I have gone wrong.

Just to clarify. The two out of norm instances are that yesterday I tried one of the bots that gateio promotes. With $2 to see how it performed.

Secondly some weeks ago I generated an api, with the only permission being to place a spot order. No withdraw permissions etc. I wrote my own python script to place a spot trade through the api. I never finished the script. I scrapped the idea. However I created an API key and that is the point I wanted to make. Never shared it, but I did create it. I never finished the script I wrote. So I scrapped it. Yesterday is when I ran gates bot and this morning my funds are stolen.

Also, for those on about cold storage. I do store my investments on cold. But my day trading funds are on the exchange I earn my income from that so I trade it daily hence it's on there.

Lavazza Coffee is using Algorand for supply chain traceability, and they’re not slowing down.

They have been doing this for years now. A great proof of concept for huge corporations that want to leverage blockchain to add transparency and trust, in July alone they recorded on-chain:

• 20,000+ tons of coffee cherries
• 189+ tons of green coffee
• 50+ tons of roasted coffee

To see the transactions on-chain, go to the link below and click on the transaction ID. In the notes section you can read all the details:

https://allo.info/account/IHUIX3OSTQO7DQ77SOQ66IR6WVQ5PAFGTBF4TBEC36IUSLGU7O3KD6TJ4E/txns

Some of you may be new around here, some maybe not. August and September have historically been the two weakest months of the year, with the number 1 and number 2 slot going to October and April respectively.

I’m expecting to see a market wide drop ranging from 10-15% over the next three to four weeks, before the true bull run starts. If you are new to crypto currencies just chill out, ride the wave and don’t sell anything. In fact, if you have the cash flow, now is the time to ramp up your principal contributions. If market cycles continue as they have before we may be on the cusp of a break out cycle, where today’s prices will never be available again.

As we move through September just keep it in the back of your head that September is always a bad month. Don’t make any emotional decisions.

Bitcoin spent yet another week consolidating after the breakout in early July. The conservative price target of $142k remains.

Last week, markets were mostly in standby up until Friday, anxiously waiting for Powell to spill the beans about the prospects of a September rate cut at his Friday speech in Jackson Hole.

Then Friday came. Powell spoke. The markets listened. And apparently they were happy with what they heard: rate cuts are still on the table. Stocks pumped. Bitcoin pumped. Both Ethereum and BNB put in new all time highs.

After the Friday pump, bitcoin gave back some gains over the weekend, and closed in one more week of consolidation after the breakout in early July. In other words: nothing has changed. The price target of $142k remains. Note that this is a conservative price target; it might well end up going a lot higher.

Meanwhile, bitcoin dominance kept dropping. Meaning the big altseason is still in play. At some point during the next couple of months, dominance will likely bounce. This could be because the whole market corrects, or because bitcoin sets off on its next leg up while Ethereum consolidates.

Looking at the daily chart, 55.5% could be where dominance finds support. But that’s mostly speculation. As always we’ll have to keep watching the charts week by week and take things as they come.

In summary, let’s see how the coming week plays out, but for now everything still looks good!

This came very close to happening back in 2017, as we all probably remember, and since then the general perception has been that the likelihood of it actually materializing was negligible. Recently, though, the conversation seems to have resurfaced, and I’m curious if you think the probability has meaningfully shifted over the past few weeks? How do you personally view the chances of this scenario ever playing out? And if it did, what kind of long-term consequences would it have for Bitcoin’s role as the (as of now) undisputed king and benchmark of the crypto market?

I’m looking for suggestions on the best DEXs to use for swapping crypto. There are so many options out there, and while I like the idea of keeping full control of my funds without going through KYC, sometimes the experience can vary a lot depending on the platform.

I’d like to know which decentralized exchanges you rely on most for good liquidity, fair fees, and reliable transactions.

Bonus points if they support multiple chains or have a smooth interface. Curious to hear what the community prefers

Credit to u/BugSpatula0

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