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Tether Blacklists Phishing Address After $20M Theft, QUBE Posts Astounding Growth Even Before Launch

Bitcoinist
by Bitcoinist
2 years ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

InQubeta (QUBE) continues to grow at an astounding rate despite news of a zero-transfer con artist stealing over $20 million in Tether (USDT) tokens. Impressively, the account the transfer originated from was blacklisted within an hour of the scam occurring.

InQubeta is one of the latest entrants into the class of cryptocurrencies that push advancements in the artificial intelligence (AI) sector. The platform aims to open up investments in AI while directing capital to startups.

The InQubeta presale has grown at a rapid rate, with over $2 million in token sales during its early stages. It’s a solution-based project with excellent token economics that virtually ensures its long-term success.

InQubeta (QUBE) growing impressively pre-launch

Investors continue to flock to the InQubeta presale, eager to 3x their investment before the event’s end. It’s one of the few opportunities currently in the cryptocurrency space that guarantees investors get to grow their capital while crypto markets remain bearish for the most part.

InQubeta is well-placed to ride the artificial intelligence wave as investors remain bullish on companies that help advance the technology. Investments in AI have risen exponentially in the past few years, going from only $12 billion in 2015 to $120 billion in 2022. Investors are expected to become even more optimistic toward artificial intelligence in the next several years as the technology becomes more viable. Investments in AI are anticipated to surpass $1.5 trillion by 2030.

Artificial intelligence is on the verge of shaking up the planet and it could be the most disruptive technological breakthrough in human history. Such events create once-in-a-lifetime investment opportunities that can earn exponential returns. The QUBE network provides an alternative way to invest in AI startups that could end up being major players in the upcoming tech revolution, putting investors in place to earn unprecedented returns.

Replacing stocks with non-fungible tokens (NFTs)

Companies can acquire capital on the InQubeta network by making equity-based NFTs that patrons buy with $QUBE tokens on the marketplace. These NFTs are fractionalized, letting investors invest as little or as much as they choose.

NFTs are sent to investors after sales are completed allowing them to sell whenever they want or hold on to them long-term. Some of these NFTs give investors additional benefits like a share of profits or early access to offerings.

$QUBE investors can stake their holdings to help manage and secure the network. Marketplace taxes fund dedicated pools that send rewards to stakers regularly. $QUBE holders also get to have a voice in the ecosystem’s governance.

Tether (USDT) shocks the crypto world with fast response to $20 million scam

A zero transfer scam managed to con a USDT holder out of $20 million worth of tokens on August 1st. The sender was tricked into sending the tokens to the phishing address after the con artist first sent a zero USDT token transfer from the target’s account to a phishing address.

That was after the targeted wallet address received a $10 million payment from a Binance account. The victim sent some funds to a wallet and the scammer sent a zero-sum transfer from the mark’s account to the phishing wallet. The target then sent $20 million in USDT to the phishing wallet, thinking they were transferring funds to the first wallet address.

Luckily for the victim, the phishing address was frozen by tether within an hour of the transfer being initiated, trapping the tokens.

Summary

The InQubeta presale sets up investors who join in now to grow their funds by 300% before the event ends. It’s emerged as one of the best altcoins to buy with substantial growth potential thanks to its link to artificial intelligence and the investment alternatives it will provide.

Visit InQubeta Presale

Join The InQubeta Communities

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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