Ethereum

UwU Lend

DeFi

Security

Every now and then, you read stories abound of crypto investors striking it rich. But the billion-dollar crypto scams lost to stalwart altcoins, including Bitcoin, Ethereum, and Ripple, in the past year paint a sobering picture. However, the new altcoin star, Rollblock, is making waves with its stern focus on user security and the innovative iGaming revolution.
Despite being a new kid, Rollblock and its million-dollar presale success, 54% value surge in record time, and undaunted commitment to creating a safe haven have attracted thousands of investors to its ongoing presale.
<h3 id="b-bitcoin-b-b-battered-1-5-billion-b-b-crypto-scam-b-b-exposes-exchange-weaknesses-b">Bitcoin Battered: $1.5 Billion Crypto Scam Exposes Exchange Weaknesses</h3>
While Bitcoin is renowned for its impenetrable security, centralized exchanges holding a vast amount of BTC supply remain at risk. The recent hack of the notable Japanese CEX DMM Bitcoin, and FixedFloat exchange exposed this vulnerability. Hackers infiltrated the exchanges and siphoned off over $300M worth of BTC. The crypto scam impacted investors’ confidence and BTC price plunged by over 12% in days. Currently, Bitcoin is still reeling in bear pressure below $56k.
<h3 id="b-defi-hacks-leave-b-b-ethereum-b-b-investors-scrambling-b">DeFi Hacks Leave Ethereum Investors Scrambling</h3>
Ethereum-based DeFi apps have always been a target for crypto scams, and the past 12 months weren’t different. Many DeFi protocols and dApps often lack adequate and rigorous security measures. This vulnerability was on full display with UwU Lend and FixedFloat attacks that amounted to over $20M loss in ETH. This paints a grim picture for the Ethereum price while serving as a wake-up call for the entire crypto sphere. Investors’ confidence is waning across the board and Ethereum has slipped below February lows at $2,900.
<h3 id="b-ripple-b-b-in-rough-waters-112-million-hack-topples-b-b-xrp-b-b-co-founder-s-wallet-b">Ripple in Rough Waters: $112 Million Hack Topples XRP Co-founder’s Wallet</h3>
The scope of the billion-dollar crypto scam extends beyond vulnerable exchanges and the DeFi platform. Even XRP‘s highly secure cross-border remittance technology took a hit after its co-founder lost a whopping $112M worth of XRP earlier this year. Although many centralized exchanges took swift action to mitigate the loss of XRP, only a meager percentage of the XRP tokens were recovered.
<h3 id="b-from-presale-to-market-leader-rollblock-sets-new-standards-with-innovation-and-security-b">From Presale to Market Leader: Rollblock Sets New Standards with Innovation and Security</h3>
The past year has reminded us of the risks of crypto trading and investments. However, Rollblock is turning the tide around by prioritizing user security. The fully-fledged, cutting-edge GambleFi crypto gaming platform leverages blockchain technology’s impenetrable encryption to build an invincible ecosystem.
Rollblock has achieved impressive milestones. Its $1M presale valuation, rapidly growing community of engaged investors, and positive expert predictions all point toward solid investors’ confidence. In fact, market gurus have tipped it to go over 100x and lead the decentralized iGaming future. However, this new altcoin star is far beyond the monetary gains. Its core values stand on building a secure and sustainable future for DeFi and iGaming.
Rollblock prioritizes user protection by employing the latest encryption technologies to safeguard all transactions and player data. The platform is also adequately licensed by appropriate regulatory authorities. Its adherence to legal standards also adds an extra layer of security for players.
Aside from the first-in-class security measures, Rollblock is finally giving power to gamblers. Users can bypass traditional casino roadblocks and benefit from Rollblock’s lightning-fast transaction speed, no-KYC registration, and intuitive interface. Investors can also earn by subscribing to staking programs, participating in incentivized contests, and sharing revenue.
But here’s the real kicker: the new altcoin features a deflationary and buyback model that offers constant value appreciation. Industry experts are taking notice, especially as the project is poised to lead the global iGaming industry’s $502 billion market at launch. Therefore, the fun just got started! Rollblock presale is still trading in stage three at $0.0154.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale
 Today!Website:<a href="https://presale.rollblock.io/" target="_blank" rel="noopener noreferrer nofollow"> https://presale.rollblock.io/ </a>Socials:<a href="https://linktr.ee/rollblockcasino" target="_blank" rel="noopener noreferrer nofollow"> https://linktr.ee/rollblockcasino </a>
The post <a href="https://www.ethnews.com/1-5b-has-been-lost-in-scams-involving-btc-eth-and-xrp-in-the-past-year-new-altcoin-star-rollblock-prioritizing-safety-and-security/" rel="noopener noreferrer nofollow">$1.5B Has been Lost in scams involving BTC, ETH and XRP in the past year; New Altcoin Star Rollblock Prioritizing safety and security</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

$1.5B Has been Lost in scams involving BTC, ETH and XRP in the past year; New Altcoin Star Rollblock Prioritizing safety and security

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