[PRESS RELEASE – Tortola, British Virgin Island, October 25th, 2024] Aark Digital recently experienced a security incident in which an unauthorized party accessed and withdrew approximately 1,386,085 USDC and 24.143 ETH. In response, the project has launched 24/7 recovery efforts, while also implementing additional security measures to safeguard against any further unauthorized activity. As part of its recovery strategy, Aark Digital is offering a 15% bounty to the individual...
Read More »Viral Token ICO Crypto All-Stars Hits $2.5M – How Does it Compare With Dogecoin And Other Meme Tokens
As the meme coin field expands, Crypto All-Stars brings something entirely new to the space. It’s currently undergoing a presale where it has raised $2.5 million so far. Crypto All-Stars ($STARS) is building the world’s first unified staking protocol for meme coins, allowing users to generate passive income on a number of prominent joke tokens. $STARS raises $2.5M, while some investors let go of DOGE, SHIB for bigger returns Crypto All-Stars is bringing utility to the meme...
Read More »Match Systems Publishes Research Report on Rising Scam Activities in the TON Ecosystem
[PRESS RELEASE – Dubai, UAE, October 22nd, 2024] The TON ecosystem, initially celebrated for its decentralized architecture and seamless integration with Telegram, is now facing significant challenges from an uptick in fraudulent activities. According to a newly published report by Match Systems, scams targeting TON users have escalated in frequency and sophistication, raising concerns across the broader blockchain community. Match Systems’ comprehensive research highlights...
Read More »Optimism for Republican Win Drives $2.2 Billion in Weekly Inflows into BTC, ETH Products
As the US presidential race becomes more intense with less than a month away until Election Day, data from last week suggests that digital asset inflows have surged to $2.2 billion. This figure marked the highest level since July, spurred by optimism for a potential Republican success in the election. Inflows Surge Amid US Election Optimism According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, the trading volumes of investment products have...
Read More »Here’s How Ethereum’s Scourge Upgrade Will Downsize Staking Censorship: Buterin
Ethereum co-founder Vitalik Buterin has shared insights into Ethereum’s next upgrade on its technical roadmap – The Scourge. It aims to fix issues involving centralization concerns in Ethereum’s staking and block production. Buterin has proposed several fixes to these shortcomings the layer-1 blockchain faces. Ethereum’s Scourge to Reduce PoS Centralization Following Ethereum’s Merge upgrade in late 2022, the smart contract blockchain transitioned from a proof-of-work (PoW)...
Read More »After Surging by 110% Daily, Can ApeCoin (APE) Break its All-Time High?
TL:DR; ApeCoin’s price surge continued after our initial reports and tapped a 6-month peak of over $1.7 earlier today. However, its all-time high is still far ahead and the questions arises whether it will be able to break it amid the ongoing developments around the project. APEMania Is Here? It’s safe to say that today belongs to ApeCoin’s native token. As reported earlier, it exploded by 65% in hours after the launch of ApeChain – the protocol’s bridge that allows users to...
Read More »How High Can ApeCoin’s (APE) Price Go After the Bridge Launch?
TL:DR; ApeCoin made the news over the weekend after launching its bridge that allows users to earn a yield on certain crypto assets, including APE. The native token’s price skyrocketed by over 60% within hours, leaving questions about how high it can go. APE’s Price Targets CryptoPotato reported earlier today the massive achievement by ApeCoin’s team. After months of standing on the sidelines without attracting significant attention from the general public, the devs...
Read More »ApeCoin (APE) Returns to Top 100 Alts, Bitcoin (BTC) Maintains $68K (Weekend Watch)
Bitcoin’s price actions have calmed during the weekend, as probably expected, and the asset remains above the $68,000 level. The altcoins have been slightly in the red in the past day, but they went through a highly positive trading week, with impressive gains from ETH, SOL, BCH, and especially DOGE. BTC Calms Above $68K Last weekend went without any fireworks as BTC had recovered to $62,000 after slumping below $59,000 on Thursday. The eventful price movements were left for...
Read More »Ethereum Price Analysis: Where Is ETH Heading Next After Gaining 7% Weekly?
Ethereum has reached a decisional point at the head and shoulders neckline and the 100-day crucial moving average. A potential breakout will likely lead to a significant surge due to a massive short liquidation cascade. The price action in the coming days will play a crucial role in determining ETH’s broader prospects. Technical Analysis By Shayan The Daily Chart Ethereum has reached a decisional point at a crucial resistance region consisting of the Head and Shoulders...
Read More »Can the XRP Price Hit $1 When Ripple’s Stablecoin Goes Live? (ChatGPT Analyzes)
TL;DR Ripple plans to launch a stablecoin, RLUSD, later this year, which could boost confidence in its technology and possibly result in a rallying XRP price. Another element that could impact the token’s volatility is the Ripple v. SEC case, whose official end seems to be prolonged in the future. ChatGPT’s Estimation In April this year, Ripple revealed its plans to introduce a stablecoin pegged 1:1 to the US dollar. In the following months, the team shed further details...
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