01/05/2023. Weekly CryptoNews Digest

Hello all! Today is the famously celebrated Labor Day, or May Day as it’s more often called in many countries across the world and is also a day for parades and demonstrations. In the United Kingdom, for example, trade unions often organize marches and rallies to mark the occasion. May 1st is a day to remember the struggles and achievements of working people. It is also a day to celebrate the importance of workers’ rights and to advocate for a better future for all workers.

Of course, on MNO I am perfectly aware of the importance of workers’ rights, but unfortunately the governments do too little about improving it in the majority of countries. That’s why it’s ever more important to become a more financially independent person and free from the government shackles they try to impose on regular workers. And MNO has been here to offer you a helping hand in that regard for nearly 16 years now. And I will continue to do so even though the HYIP industry is seemingly very far from the state it was just a few short years ago!

There are still some gems out there though! Take ShuttleRent as a fine example of what can be achieved with the right management and a talented administrator at the helm of the core business. Having started as a mere “sleeper” over three years ago ShuttleRent has been slowly gaining momentum until a few weeks ago when it was totally redesigned and was presented in its latest incarnation.

If you’re interested in joining ShuttleRent I remind you that the minimum investment there starts from $50 which can be invested via a multiple choice of cryptocurrencies. The list includes BitCoin, LiteCoin, Ethereum, BinanceCoin, Tether USDT, Tron, Solana, Cardano and Ripple wallets. ShuttleRent currently offers fixed returns of 3%-4.7% on weekdays and 1.25%-1.8% on weekends (the actual interest solely depends on the invested amount). The investment term is 60 calendar days. The initial investment already included in the daily profits so you should expect to get 152% full return after the two-month term (that is your principal back plus a 52% net profit).

Of course, just having ShuttleRent might not be enough for many MNO readers who prefer not to put all their eggs in one so to speak (literally this is a wise investment tactic anyway). However, at the moment there are simply not enough decent programs to recommend on the MNO monitor. Simply put, you should follow me on Telegram, Facebook, and Twitter, if you want to be among the first to know when the next big program is about to launch. There is literally no other way to make sure you won’t miss out on anything worthwhile, guys!

And when I talk about following my website I mean also to becoming one of the subscribers whose numbers are always growing. You can easily become a part of the MNO team by adding your email address and confirming it on this page. That way you will receive the entire weekly articles where I share all the latest news and events from the world of cryptocurrencies.

I almost forgot to tell you that if you wish to stay in touch with me please do so by emailing me directly at abramsonp@gmail.com or by submitting this online form. I am also reachable on Telegram @mnoblog if you have something more urgent to discuss or chat about. I’m always happy to hear from either my valued readers or any new HYIP admins.

Now it’s time to get to the main topic of today’s news on the blog – the Weekly CryptoNews Digest. In this issue we will look back at the main news and events that happened over the last calendar week of April, 24-30, 2023. Let’s start our journey!

FRAUD AND HACK WARNING TO AT&T EMAIL USERS

As yet unidentified hackers are breaking into the accounts of people who have AT&T email addresses, and using that access to then hack into the victim’s cryptocurrency exchange’s accounts and steal their crypto, it has emerged. At the beginning of the month, a source claimed that a gang of cybercriminals found a way to hack into the email addresses of anyone who has an att.net, sbcglobal.net, bellsouth.net and other AT&T email addresses. It’s been alleged that the hackers are able to do so because they have access to a part of AT&T’s internal network, which allows them to create mail keys for any user. Mail keys are unique credentials that AT&T email users can use to log into their accounts using email apps such as Thunderbird or Outlook, but without having to use their passwords. With a target’s mail key, the hackers can use an email app to log into the target’s account and start resetting passwords for more lucrative services, such as cryptocurrency exchanges. At that point it’s game over for the victim, as the hackers can then reset the victim’s Coinbase or Gemini account password via email.

AT&T spokesperson Jim Kimberly said that the company identified the unauthorized creation of secure mail keys, which can be used in some cases to access an email account without needing a password. He went on to state that the company has updated security controls to prevent this activity. As a precaution, a password reset will be required on some email accounts. AT&T declined to say how many people have been hit in this wave of hacks. One victim publicly claimed that hackers stole $134,000 from his Coinbase account. A second victim went so far as to say that it has been happening repeatedly since November 2022, probably up to ten times at this point. Though to be honest, if that is really the case I can’t see any viable reason why this customer would continue using this company’s services. It has also been alleged that hackers had access to AT&T’s internal VPN. This has been denied by the company but it really is hard to rule it out at the moment. If you happen to be a customer there, please be careful and take all the necessary precautions.

ROBINHOOD USERS NOW BUY CRYPTO DIRECTLY FROM WALLETS

Popular trading platform RobinHood have just made the announcement that going forward their customers will now be allowed to buy and withdraw crypto to self custody wallets using a credit card. The service, known as “RobinHood Connect”, is currently live with personal wallets including MyDoge and Slingshot, and will soon come to both Phantom and Exodus. The fiat-to-crypto on-ramp is set to compete against the likes of MoonPay and Coinbase Pay, but comes from a company more closely connected to traditional finance. The integration will not require users to open the RobinHood app to fund their wallet, letting them buy crypto directly within their wallet app. However, anybody who already has a RobinHood account can fund their wallet within a few clicks. RobinHood has launched numerous crypto-related products over the past year, including its own self-custody wallet on IOS in March, which has gathered over 100,000 downloads.

Meanwhile in a similar move PayPal is now expanding its crypto services for Venmo users by introducing a new feature that allows its customers to transfer crypto to one another. Venmo, the popular peer-to-peer mobile payment service owned by PayPal, now lets users use QR codes to transact crypto with other Venmo accounts or with external wallets.

MASTERCARD LAUNCHED CRYPTO CREDENTIAL SERVICE

The executive in charge of crypto products and blockchain at Mastercard said the payment processing company is bringing out a service designed to ensure transactions between users’ wallets are verifiable and compliant, beginning with transfers of digital assets between countries. In this first cross-border use case, the Mastercard Crypto Credential service, announced Friday by Raj Dhamodharan allows wallets to be identified in transactions that are compliant with requirements such as the Financial Action Task Force’s (FATF) “travel rule.” Mastercard Crypto Credential, a set of common standards for attestation of interactions, uses technology from CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquire in late 2021.

Cross-border transactions have been a focus of blockchain tracker CipherTrace, the creator of a cryptocurrency system that helps companies comply with the travel rule. Under that rule, whenever crypto worth over $1,000 is transacted between two parties, the crypto service provider of the sender is expected to communicate the personally identifiable information of the sender to the crypto service provider of the recipient, and vice versa. To roll out the service Mastercard worked with wallet providers Bit2Me, Lirium, Mercado Bitcoin and Uphold. The firms are working on an initial project to enable transfers between U.S. and Latin America and the Caribbean corridors. More use cases for the service, such as non-fungible token (NFT) transactions, will follow. To achieve this Mastercard is teaming up with public blockchain network organizations Aptos Labs, Ava Labs, Polygon and the Solana Foundation.

BINANCE PULLS OUT OF BILLION DOLLAR VOYAGER AQUISITION

Binance.US has called off its $1.3 billion deal to buy assets of bankrupt crypto lender Voyager Digital, citing a “hostile and uncertain regulatory climate.” In a court filing on Tuesday, lawyers for Voyager said the company reserves all rights with respect to a $10 million good-faith deposit paid by Binance.US to Voyager, as well as a reverse-termination fee owed by Binance.US. “The hostile and uncertain regulatory climate in the United States has introduced an unpredictable operating environment impacting the entire American business community,” a spokesperson for Binance.US said in a statement. “We are focused on creating a safe platform where our customers can participate in the digital asset economy.”

The move adds another hurdle for Voyager, which has been looking to raise funds through an asset sale to repay creditors after it collapsed into bankruptcy last year. The company had initially agreed to sell its assets to major digital asset exchange FTX, but that deal fell apart when FTX imploded in November. Binance.US stepped in later, but the acquisition was clouded by regulatory opposition. Last month, a federal judge temporarily stopped Voyager from completing the proposed deal, allowing the U.S. government more time to pursue challenges. Voyager said following Binance.US’s termination of the asset purchase agreement it would proceed to exercise an option to return cryptocurrency and cash directly to its customers through the Voyager platform.

30% OF NEW CRYPTO INVESTORS BUYING ON ADVICE OF FRIENDS

Finally for this weeks MNO CryptoNews Digest, it seems as if a lot of first time cryptocurrency buyers/investors are getting involved in the industry under the advice of their friends. In much the same way as most ponzi and pyramid schemes seem to rely on word of mouth, it can also be people with the very best of intentions who get their friends into the worst trouble if they don’t know what they are doing or if investments don’t work out.

Nearly a third, 31% in fact, of new cryptocurrency investors in 2022 used a friend’s suggestion as their primary reason for buying in, according to a recent joint study published by the Financial Industry Regulatory Authority Investor Education Foundation and NORC at the University of Chicago. Friends’ recommendations were the No. 1 motivating factor for new crypto buyers. That share compares with just 8% of new investors in more traditional assets like stocks and bonds. The disparity indicates there is “a social element to cryptocurrency investing not evident in equities or bond investing,” according to the study. This isn’t to say a friend’s recommendation is necessarily a poor reason to buy into the digital assets, but the potential losses can be just that little bit more extreme.

On one hand, crypto can be an on-ramp to more traditional investing — which is generally a good outcome. There’s some evidence of this happening: 36% of new crypto investors said their purchase made them more interested in investing in the stock market, the study found. The fear of missing out can be a powerful driver of investment decisions. Bitcoin and other crypto assets rallied through 2021, a record year for the digital assets. Bitcoin jumped from roughly $10,000 in the summer of 2020 to a peak above $68,000 by November 2021. But the tide turned quickly during a so-called “crypto winter,” when investors lost more than $2 trillion in the year following the market peak.

Celebrities, like actress Lindsay Lohan and the rapper Soulja Boy, were recently fined by the Securities and Exchange Commission for undisclosed endorsements of various cryptocurrencies. Unless they’re some legitimately knowledgeable financial person, you simply can’t just take the word of “pseudo experts” on social media no matter how much you like them or how much they dress it up to sound like they are making fortunes while you are just sitting there watching them. One of the dangers of following a friend’s advice: Investors may not understand the risks and volatility associated with crypto (or other investments), or how it fits within a broader, well-diversified investment portfolio,

I do hope that you found the information helpful and will come back next Monday for more. We will never know for sure what is going to happen tomorrow but with the assistance of the MNO blog you will at least can be sure you won’t be missing anything important.

GET PAID REPORT FOR 01/05/2023

Here is the list of the programs from my monitor that paid me for the last 168 hours:
From MNO Sticky list: –
From MNO Premium list: –
From MNO Standard list: –
From MNO Basic list: ShuttleRent.

That will be all for today, guys. Again I would like to send you my best Labor Day wishes and wish you a happy holiday weekend and a pleasant and productive week ahead. My blog will be back very soon with another update on MNO – For Money Lovers!