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Topic: 🚨 [NOW ON UNISWAP] 🚨| ANN | PARSIQ - Blockchain Monitoring (Read 669 times)

full member
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A Top Web 3 Gaming Layer2 Provider
We are thrilled to announce PARSIQ's integration with Solana.

Users and projects building on Solana can now easily consume Solana events and build automations on the PARSIQ Platform.

Read more: https://blog.parsiq.net/parsiqs-real-time-monitoring-now-on-solana/



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💼 Even though the world is faced with an unprecedented global pandemic that causes havoc in every major economy, investors have made quite a lot of money in recent months from both traditional and crypto markets. When it comes to the latter, this is just the start for investors who are keen to seek opportunities in this market.

The incoming bull market for crypto will completely look different than the previous one. This is mostly because two different bull markets simultaneously play out over the next 12-18 months. The usual crypto suspect, Bitcoin, will lead one of the bull markets. The other one will involve capital rotation from new projects and protocols where the underlying products are being used and increasing in value.

👉 Want to learn more? Find the continuation on https://bit.ly/345vMDS
copper member
Activity: 46
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A lot of things happened after the CoinMetro hack. The situation was unclear not only for users or external viewers but even for us ourselves. So, let us describe the sequence of events in this post so you would be able to see the whole picture.

Also, we describe our next steps for every group of users affected by the incident.

Everyone who lost funds in the Poloniex incident and were not refunded by Poloniex, please read the blog post and follow the guidelines, should you choose to accept: https://blog.parsiq.net/coinmetro-hack-poloniex-and-next-steps/
copper member
Activity: 46
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Privacy and traceability are two opposite sides in the cryptocurrency world and from what we can see – different markets require differently tuned setups between these two factors. The cryptomarket is growing and, hence, the demand for businesses to be able to prevent itself from dealing with illicit actors. This is where solutions like PARSIQ step into the game.

👉🏼 Visit https://blog.parsiq.net/how-parsiq-helps-protect-whalesheavens-transactions/ to learn more
copper member
Activity: 46
Merit: 0
A lot of things happened after the CoinMetro hack. The situation was unclear not only for users or external viewers but even for us ourselves. So, let us describe the sequence of events in this post so you would be able to see the whole picture.

Also, we describe our next steps for every group of users affected by the incident.

Everyone who lost funds in the Poloniex incident and were not refunded by Poloniex, please read the blog post and follow the guidelines, should you choose to accept: https://blog.parsiq.net/coinmetro-hack-poloniex-and-next-steps/
copper member
Activity: 46
Merit: 0
Privacy and traceability are two opposite sides in the cryptocurrency world and from what we can see – different markets require differently tuned setups between these two factors. The cryptomarket is growing and, hence, the demand for businesses to be able to prevent itself from dealing with illicit actors. This is where solutions like PARSIQ step into the game.

👉🏼 Visit https://blog.parsiq.net/ to learn more
copper member
Activity: 46
Merit: 0
Feel free to ask questions that concern you most and look for answers every Friday on our medium.com/parsiq blog 😉
copper member
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CoinMetro Hack Mitigation, PRQ Token Migration: FAQ

We get tons of questions after CoinMetro was hacked and we took measures to mitigate the consequences. We tried to collect the most frequent and important ones and answer them in this post:

https://blog.parsiq.net/coinmetro-hack-mitigation-prq-token-migration-faq/

Besides, we have successfullty migrated to the new token. The new PRQ token contract address is 0x362bc847A3a9637d3af6624EeC853618a43ed7D2.
Also, see it on Etherscan (https://etherscan.io/address/0x362bc847a3a9637d3af6624eec853618a43ed7d2).
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PARSIQ Restored Uniswap PRQ Liquidity Providers Funds

As you can know from our previous posts, CoinMetro exchange was hacked, some tokens were stolen, including some PRQ tokens. To secure our token holders’ funds, we asked CEXes to freeze deposits and withdrawals. Also, we announced migration from our old PRQ smart contract to a new PRQ contract to prevent the hacker from dumping his tokens.

To distribute the new token to the old token holders, we took a snapshot on the block 11008759, timestamp Oct-07-2020 01:05:28 PM +UTC. The new token has been distributed automatically according to the old token balances at the time of the snapshot. Besides, we took measures to secure our Uniswap liquidity providers funds.

We have just fulfilled this plan almost successfully. Please, see the transaction: https://etherscan.io/tx/0xd970066d5e6068cdcc6812f2666620385c0e5b6c81f5cbdceb6e2f7260aac833

See the details in the blog post: https://blog.parsiq.net/parsiq-restored-uniswap-prq-liquidity-providers-funds/
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Liquidity Pool for New PRQ Token Created

To mitigate CoinMetro hack, PARSIQ has migrated to the new token. Please see the details in this FAQ blog post (https://blog.parsiq.net/coinmetro-hack-mitigation-prq-token-migration-faq/).

A group of our private sale participants were asked to provide liquidity to the new PRQ Uniswap pool. So, you are welcome to trade new PRQ tokens on Uniswap.

The current official PRQ is the new PRQ token. Its contract address is 0x362bc847A3a9637d3af6624EeC853618a43ed7D2.

The current Uniswap pool is this one:
https://app.uniswap.org/#/swap?inputCurrency=eth&outputCurrency=0x362bc847a3a9637d3af6624eec853618a43ed7d2

You can also see it at DexTools pool observer: https://www.dextools.io/app/uniswap/pair-explorer/0x64cac8fa24f437ceca90e20a7a24a609f162b0d1

Please, don’t buy old PRQ at the old pool! These tokens are not supported by PARSIQ any more.

Blog post: https://blog.parsiq.net/liquidity-pool-for-new-prq-token-created/
sr. member
Activity: 304
Merit: 250
WHAT ABOUT UNI-LP PROVIDERS. WE WERE AND ARE 100% LEGIT AND IN THE PROCESS WE LOST OUT ETH ALSO.
copper member
Activity: 46
Merit: 0
The quick actions of both PARSIQ and CoinMetro prevented a bigger attack, as the hacker tried to withdraw large amounts of various cryptocurrencies.

However, PARSIQ’s real-time monitoring technology spotted the anomalies in withdrawals and alerted the CoinMetro core management, who locked down the system, preventing a large-scale theft of funds.

👏🏻 Thanks to the Cryptobrowser team for an in-depth review:

https://cryptobrowser.io/news/parsiq-helps-coinmetro-exchange-prevent-a-bigger-hack/
copper member
Activity: 46
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The stolen funds in yesterday’s hack included PRQ tokens (https://etherscan.io/token/0xfe2786d7d1ccab8b015f6ef7392f67d778f8d8d7?a=0x990924d51c6ea6e212cce6e811b380ffd44ac350). The PARSIQ platform has used a blockchain snapshot in order to hard fork their token contact. The stolen funds will be restored to the token holders before the hack.

📌 Read the full article on The Crypto Time:
https://thecryptotime.com/the-coinmetro-hack-and-the-use-of-parsiq-technology-to-minimize-the-impact-and-recover-the-stolen-funds/
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Quick reminder

DON'T BUY OR SELL CURRENT PRQ TOKEN as of NOW. On the moment you read this announcement the hard fork has already been performed, and your current old PRQ balances are meaningless. All the balances will be restored via new token contract within a day.

PLEASE BE PATIENT.
We understand the conserns you may have, but the team is doing their best to mitigate the hack ASAP.

READ THE ANNOUNCEMENT CAREFULLY.
https://blog.parsiq.net/parsiq-takes-measures-to-mitigate-coinmetro-hack-and-secure-uniswap-liquidity-providers-funds/
copper member
Activity: 46
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Popular cryptocurrency exchange CoinMetro suffered a security breach in the early hours of yesterday, with small amounts of cryptocurrencies, including PRQ tokens, stolen (https://t.me/coinmetroupdates/601) from the exchange.

The hackers would have made away with more funds if not for PARSIQ technology that alerted CoinMetro of the ongoing hack, prompting the exchange to act swiftly to mitigate the potential loss.

📌 Please make sure to read the details:
https://coinfomania.com/coinmetro-suffers-security-breach/
copper member
Activity: 46
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On October 6th, 2020 at approximately 5:30 a.m. Coinmetro team was alerted to suspicious activity on some of the exchange’s hot wallets via alerts and triggers in place with PARSIQ technology.

Please read the latest article about the situation on Coinspeaker:

https://www.coinspeaker.com/parsiq-crypto-hack-victims-recover/amp/
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Activity: 46
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PARSIQ: Measures to Mitigate CoinMetro Hack and Secure Uniswap Liquidity Providers Funds

Key Takeaways:

- PARSIQ tech was instrumental in preventing the hack of the majority of assets held on Coinmetro hot wallets

- PARSIQ applied the same tech as we did with the projects that were affected by the Kucoin hack and are migrating to a new token smart contract to make the funds of the hacker obsolete and not allow him to affect the market, every holder will receive the new swapped tokens 1:1 with the balances of the old token

- This ties in well with our smart contract upgrades that we were planning (which we now expedited because of this incident) as well the new tokenomics which will be unveiled this month.

DON'T BUY OR SELL CURRENT PRQ TOKEN as of NOW. On the moment you read this announcement the hard fork has already been performed, and your current old PRQ balances are meaningless. After that, all the balances will be restored via new token contract.

PLEASE BE PREPARED FOR THE (FALSE) FLASH CRASH ON UNISWAP.
Please be patient. This flash sale will be made in the very next moment after the hard-fork to save the remaining ETH in the liquidity pool. The saved ETH will be restored to their rightful owners on the new Uniswap contract.

Please read the official announcement here:
https://blog.parsiq.net/parsiq-takes-measures-to-mitigate-coinmetro-hack-and-secure-uniswap-liquidity-providers-funds/
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🔥 Ivan on Tech: People don't understand how powerful PARSIQ is!! Ivan Explains...

https://www.youtube.com/watch?v=gbrwc_jHAow&ab_channel=IvanonTechClips
copper member
Activity: 46
Merit: 0
copper member
Activity: 46
Merit: 0
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