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Showing posts with the label token

Binance-Backed Token Explodes 93% After Going Live on Crypto Exchange and Receiving Shout-Out From Changpeng Zhao

A decentralized finance (DeFi) altcoin backed by Binance is skyrocketing after launching on the crypto exchange and receiving a shoutout from Changpeng Zhao, the firm’s former CEO. In a new announcement, Binance says that it is adding support for the perpetuals and derivatives exchange platform Aster (ASTER). “Aster is NOW LIVE on Binance Alpha. Aster is a decentralized derivatives exchange (perpetual decentralized exchange) on BNBChain, incubated by YZi Labs, the investment fund of [Zhao].” News of the addition – as well as an acknowledgement from Binance co-founder Zhao – preceded Aster’s price explosion, which saw the asset go from a low of $0.895 on September 20th to a peak of $1.73 just a day later, a 93% surge. Aster has since retraced and is trading for $1.54 at time of writing, a 22.7% increase during the last 24 hours. Zhao, who stepped down as the firm’s chief executive in November 2023, says on X that Aster is the biggest...

Solana: Here's How High SOL Can Peak In September 2024

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Solana is one of the top trending tokens in the cryptocurrency market. The token forged its identity in 2024 and has since become incredibly popular as it evolved into a central chain harboring some of the famous meme coins. Given some of the latest developments surrounding the chain, here’s how high Solana can peak in October. Also Read: Warren Buffett’s Hidden Gem: Could This US Stock Hit $310 Soon? Solana: New Developments Source – Coinpedia Solana is currently trading at $151 and is bound to increase as new rumors surround the cryptocurrency token. According to a post by Santiment, the speculation regarding the corporate giant Apple building on Solana is spreading like wildfire on the internet, giving more hype to Solana’s price trajectory. At the same time, the token’s impeccable success in all domains fortifies its presence in cryptocurrency, making it a leading coin to keep an eye on. As the vast majority of crypto has enjoyed Friday gains, $SOL stands out as an asse...

The Meme Games Limbers Up For Token Claim And DEX Listing At 10 AM Tomorrow – Last Chance To Buy!

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Paris may have sent off the Olympic games in style at Sunday’s Paralympics closing ceremony, but over in Web3, Olympics-themed The Meme Games token ($MGMES) is about to enter a money-making race of its own when it launches on exchanges tomorrow.  Investors that want to load up on The Meme Games at fixed presale prices have just 24 hours to buy in via the presale website, where they have a one-in-five chance to automatically secure 25% extra tokens on their purchase ahead of tomorrow’s token claim and launch at 10 AM UTC. Degens have hailed $MGMES as the official meme coin of the Paris Olympics, thanks to its star-studded cast of meme coin athlete avatars that pay homage to some of the biggest meme coins in Web3’s short and busy history. Earlier in the summer, The Meme Games collected a tidy $100k within minutes of launch as investors crowded the stands to snap up the meme coin of the summer. Now the presale is about to c...

LandRocker’s LRT token debuts on MEXC and Uniswap amid game launch

LandRocker, a play-to-earn (P2E) space exploration game, has announced that its native token , LRT, is now available on MEXC and the decentralized exchange (DEX) Uniswap (UNI), according to the information shared with Finbold on May 28.  This launch coincides with the game’s launch, aiming to redefine standards for Web3 gaming releases. Central to the LandRocker economy, the LRT token went live following a highly successful presale that raised $2.8 million, signaling strong investor confidence and enthusiasm for the game.  Picks for you Nexo teams up with The Tie to introduce advanced real-time market analytics  4 mins ago Argentina seeks Bitcoin adoption lessons from El Salvador  30 mins ago ...

Nilam Resources releases token described as ‘obviously illegal’

After releasing a letter-of-intent to ‘acquire’ 24,800 bitcoins, penny stock Nilam Resources saw the price of its shares rocket and its market cap tap nearly half a billion dollars before collapsing to almost zero once the former CEO and president (who also worked as an SEC compliance consultant) called the company a “classic pump and dump.” However, the story doesn’t end there, and as of April 15, Nilam Resources has rebranded, started a private token sale, and deleted any trace of its old website. Unfortunately, this probably won’t be enough to stave off actions from regulators or law enforcement. Scoop: Nilam Resources CEO resigns day after 24,800-bitcoin announcement Read more: Nilam Resources stole logo from skateboard brand Powell Peralta Goodbye Nilam Resources, hello Mindwave DAO Nilam Resources, still available to trade on OTC Markets and still with the ‘caveat emptor’ designation from the trading platform, has dramatically altered...

AltSignals: Unravelling AI token future as Bitcoin and Nvidia correlation grows

AltSignals has attracted investors with its AI application and earnings opportunities. A strong correlation between Bitcoin and NVIDIA has highlighted the influence of AI on crypto. $ASI token has 50x and more potential as the future of AI trading unravels. As Bitcoin (BTC) hit a record above $73,000, analysts have been keen on its relationship with AI stock Nvidia. This is after both assets hit record highs, helped by their respective fundamentals and sector optimism. This happens amid a robust correction that is now the strongest in over a year. Meanwhile, AltSignals , an AI token, has been making strides, riding the rapidly growing crypto and AI sector. Listings at Uniswap and CoinGecko have cemented the token’s future as BTC and Nvidia’s correlation unfolds. Bitcoin’s correlation with Nvidia grows to the strongest The correlation between Bitcoin and Nvidia has been of interest as long as the two asset prices move in tandem. Both assets...

Bitcoin tops $43k once again: Is it time to buy more Memeinator tokens?

Key takeaways Bitcoin is up by 3% in the last 24 hours and is now trading above $43k once again. Memeinator is set to conclude the 13th stage of its presale and has raised nearly $4 million so far.  Bitcoin now trading above $43k The cryptocurrency market has been bearish over the last two weeks. However, the trend is changing and Bitcoin has recovered some of its lost value. Bitcoin is up by more than 3% in the last 24 hours and is now trading above the $43k level again. At press time, the  price of Bitcoin stands at $43,365 per coin. Bitcoin’s positive performance has spread across the broader market, with the total cryptocurrency market cap now above $1.65 trillion. The rally comes as investors expect the US Federal Reserve to maintain its current interest rate. However, if the Fed is to reduce interest rates, BTC and other cryptocurrencies could rally higher in the short term. With the market looking promising, this might be a good ...

Hackers steal $7m from breached GAMEE token contracts linked to Polygon 

A series of unauthorized transactions on the Polygon network have been identified, leading to a loss of approximately $7 million.  The affected token, $GMEE, suffered a significant compromise, with initial investigations pointing to a lapse in access control. Since the breach was revealed, the GAMEE token has plummeted nearly 20% in the past hour.  The root of the breach appears to be the compromise of the $GMEE deployer address. Cyvers analysts told Crypto.News that the breach occurred around 6:31 PM UTC on January 22nd. They suspect that an unauthorized access to GitLab allowed the attackers to steal a staggering 600 million $GMEE token s. ALERTToday, our AI powered system has detected suspicious transactions involving @GAMEEToken on #Polygon with loss of $7M Root cause appears to be a lack of access control, possibly resulting in the compromise of the $GMEE deployer address. Attacker also withdraw significant… pic.twitter.com/NetROboTnO — Cyvers Alerts (@Cyv...

Justin Sun backed crypto exchange unveils new DAO with HTX token used for governing

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Crypto exchange HTX has unveiled the launch of a new decentralized autonomous organization, teasing a 30% yield for liquidity providers. Backed by TRON founder Justin Sun, crypto exchange HTX (formerly Huobi) has unveiled the launch of a new decentralized autonomous organization (DAO) dubbed HTX DAO, which, according to its description, will serve as a platform where “pioneering concepts and transformative projects find realization.” Congrats @HTX_DAO #HTXDAO is officially launched, revolutionizing decentralized governance in the #blockchain ecosystem! Join us on this transformative journey! https://t.co/oDERZz2CIh pic.twitter.com/jWZL1VqTaF — HTX (@HTX_Global) January 18, 2024 According to the DAO’s whitepaper, governance will be conducted using HTX token s. The DAO emphasizes that the HTX token is not intended exclusively for the exchange platform, adding that it has taken measures to reserve a portion of the HTX token for voluntary conversion to ...

Memecoin (MEME) price prediction and Memeinator’s MMTR token presale heats up

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Memecoin’s cultural value clashes with Memeinator’s AI-driven strategy for meme supremacy. Short-term dips forecasted for MEME, but long-term outlook signals growth potential. Memeinator’s MMTR token enters the meme coin race, battling for the top spot. In the ever-evolving world of cryptocurrency, two contenders are vying for the coveted title of the top meme coin—Memecoin (MEME) and Memeinator (MMTR). Recent developments and price movements have set the stage for intense competition, with each project bringing its unique approach to the forefront. Let’s delve into the latest updates on Memecoin, explore its price predictions, and uncover the exciting details of Memeinator’s MMTR token presale. Memecoin’s price movements: riding the waves Memecoin (MEME) has boldly declared its lack of intrinsic value or financial promises, relying instead on the cultural phenomenon surrounding memes. Developed within the Memeland ...

Bitget lists Base Seamless (SEAM) tokens in its Launchpool

Victoria, Seychelles, December 12th, 2023, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has announced the listing of SEAM token s in its staking rewards platform, Launchpool. Seamless is a native, decentralized lending & borrowing protocol on Coinbase-incubated Ethereum Layer 2 network Base. The listing will allow users to gain access to SEAM token s for further utility. Seamless ecosystem brings in newer DeFi possibilities, including composable, trustless, and undercollateralized borrowing. The Protocol aims to explore the use of Integrated Liquidity Markets (ILM), which enable smart contracts to borrow for their predetermined purposes within the protocol. “We’re firm believers of investing and contributing in high potential WEB3 companies, and support the growth of the same. The listings on our launchpool provides users the access to such token s, which offers various rewards for participating. This ali...

Crypto analysts share predictions for new ETH ATH, ADA, and how AI integration will affect this new token

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Traders are becoming excited as the Bitcoin (BTC) market has gathered bullish momentum again. The bullish trend has helped Ethereum (ETH), which has recovered the $2,000 level.  A leading analyst has predicted when ETH will establish a new all-time high, and the latest increase has been greeted with optimism. For Cardano (ADA), a possible breakthrough has been anticipated in the upcoming days. Meanwhile, Everlodge has remained at the forefront of innovation, integrating artificial intelligence into its platform. Let’s dive deeper into these exciting trends.  Ethereum to set new all-time high by 2025 – FieryTrading Ethereum didn’t take long to break out of the recent crypto market slump. ETH showed remarkable strength as its price reclaimed the $2,000 support level. Analyst FieryTrading has commented on the rece...

Nima Capital goes dark after dumping 9M SYN tokens, community calls it VC rug

The VC firm had received a grant from the project in return for locking $40 million worth of liquidity in SYN. The price of the native token of the decentralized finance (DeFi) cross-chain bridge Synapse (SYN) plummeted on Sept. 5 after an unknown liquidity provider on the platform dumped nearly 9 million SYN token s and pulled all stablecoin liquidity from the bridge. The official X account for Synapse acknowledged the liquidity rug by an “unknown liquidity provider,” while clarifying that the Synapse bridge didn’t face any security breach. A Synapse liquidity provider sold their SYN token s and removed liquidity today. We're investigating unusual activity on their wallets and are working to get in touch with them. Will update once there is more info. There was no security breach of the protocol or bridge. 4 — Synapse Labs (@SynapseProtocol) September 5, 2023 The unknown liquidity provider in question was traced to Nima Capital, one of the long-term capital partners of the pro...

How the Bitcoin network can solve the pitfalls of DeFi token bridges

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As DeFi bleeds billions of dollars annually due to token bridge attacks, a new layer-2 solution seeks a solution from within the Bitcoin blockchain. Decentralized finance (DeFi) saw a record inflow from centralized exchanges as crypto users flocked to self-custody solutions following the FTX collapse. Over 100,000 Bitcoin (BTC) left crypto exchanges so investors could avoid third-party custody. True to the “not your keys, not your coins” mantra of Bitcoin, DeFi solves a wide array of problems associated with centralized entities. However, several reports indicate DeFi is not a fail-safe environment, as high-profile protocol exploits like Wormhole, Nomad and Ronin made headlines in 2022 for the wrong reasons. Source: Token Terminal DeFi exploiters particularly target cross-chain bridges. In fact, cross-chain bridge exploits account for more than half of all DeFi exploits since September 2020, with approximately $2.5 billion lost to these attacks. A Chainalysis report shows that token b...