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🪙 Crypto and Blockchain News (January 29, 2024): 1️⃣ Lookonchain: Seizing the heightened buzz around the #WEN meme coin, a trader earned approximately $1.6 million in just 14 hours. Analysts at LookOnChain revealed that the trader purchased 20 billion WEN for $125,500. Subsequently, he sold 12.5 billion tokens for $807,000, securing an impressive profit of $682,000. 🚀 2️⃣ Flipside: In 2023, the #Polygon project recorded 15.24 million new user accounts, slightly surpassing Ethereum's 15.4 million. The definition of new users includes wallets that conducted at least two transactions on a specific blockchain. 📈 3️⃣ OKX: Starting January 26, the cryptocurrency exchange #OKX will cease new user registrations in its mining pool. Simultaneously, the trading platform will close all affiliated services. Existing pool participants can utilize it until February 25. 🛑 4️⃣ Deadline: #Amazon MGM Studios has initiated the production of the artistic film "Razzlekhan," narrating the story of the 2016 hack of the Bitfinex cryptocurrency exchange, involving 120,000 BTC. 🎥 5️⃣ Swan Media: Swan Bitcoin, a company focused on Bitcoin-related financial services, announced that its stealth-launched mining venture in the summer of 2023 has successfully mined 750 BTC. The firm declared the public debut of its new business and its reorganization into the Swan Institutional structure. ⛏️ 👉 If you find our channel valuable, please hit the like button!

🪙 Crypto and Blockchain News (January 29, 2024):

1️⃣ Lookonchain: Seizing the heightened buzz around the #WEN meme coin, a trader earned approximately $1.6 million in just 14 hours. Analysts at LookOnChain revealed that the trader purchased 20 billion WEN for $125,500. Subsequently, he sold 12.5 billion tokens for $807,000, securing an impressive profit of $682,000. 🚀

2️⃣ Flipside: In 2023, the #Polygon project recorded 15.24 million new user accounts, slightly surpassing Ethereum's 15.4 million. The definition of new users includes wallets that conducted at least two transactions on a specific blockchain. 📈

3️⃣ OKX: Starting January 26, the cryptocurrency exchange #OKX will cease new user registrations in its mining pool. Simultaneously, the trading platform will close all affiliated services. Existing pool participants can utilize it until February 25. 🛑

4️⃣ Deadline: #Amazon MGM Studios has initiated the production of the artistic film "Razzlekhan," narrating the story of the 2016 hack of the Bitfinex cryptocurrency exchange, involving 120,000 BTC. 🎥

5️⃣ Swan Media: Swan Bitcoin, a company focused on Bitcoin-related financial services, announced that its stealth-launched mining venture in the summer of 2023 has successfully mined 750 BTC. The firm declared the public debut of its new business and its reorganization into the Swan Institutional structure. ⛏️

👉 If you find our channel valuable, please hit the like button!

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📈 Prediction (TON and INJ): 😂 #TON/USDT - Investors in #Toncoin are at a crossroads as the asset trades above the $5.00 mark, seen by most as a positive sign. Much of this optimism is driven by the Global In/Out of the Money (GIOM) indicator. It shows that around 2.12 million #TON tokens, valued at over $10.9 million, will move into profit territory once the coin's price surpasses the $5.33 threshold. Forecast: Considering these factors, the coin is likely to retrace towards $4.80, continuing its consolidation phase. However, significant selling pressure could push the price below the support level of $4.80 and potentially down to $4.48. Conversely, if investors refrain from selling during price rallies, Toncoin could have a chance to break above the $5.44 resistance level. Achieving this mark could pave the way for the coin to reach a new all-time high, challenging bearish predictions. 🚀 #INJ/USDT - Currently, Injective is trading around $34 after correcting more than 16% over the past week. During this time, network activity has significantly increased, as evidenced by the number of daily active addresses (DAA). In cases where the price drops while DAA rises, the market signals a buy. Forecast: Injective's price is close to breaking through the $35 resistance level. By surpassing this barrier and turning it into support, the asset could head towards $40. However, if the attempt to break through fails, #INJ may drop to $30, and if it loses this level as well, it could decline to $28. 🔥 Share your thoughts with others!
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🔐 Cyber News (Apr 4, 2024): 1️⃣ Justice: A court in the USA sentenced former head of legal affairs and compliance of the #OneCoin cryptocurrency pyramid, Irina Dilkinskaya, to four years in prison and a fine of $111 million. After serving her sentence, she will spend an additional month under supervision. According to case materials, Dilkinskaya, along with Ruja Ignatova and Karl Sebastian Greenwood, was a top manager of the fraudulent scheme. She assisted in conducting daily operations of OneCoin, laundering money through offshore accounts in the Cayman Islands. 🚨 2️⃣ ZachXBT: The #URF meme coin team disappeared with 2400 SOL (~$450,000) collected during the coin's presale. 🌟 3️⃣ king.sol: The development team of the #Solareum trading bot for Telegram announced the cessation of application support. They cited insufficient funding, changing market trends, and a recent exploit as reasons. 🤖 4️⃣ Whale Insider: The COND*M meme coin team on the Solana network raised 4,965 SOL in a presale and deleted their page on X. At that time, the funds raised were estimated at $906,000. The community suspects them of committing a rug pull. This is reported by Whale Insider. 🐳 5️⃣ Bloomberg: #Google Corporation filed a lawsuit against two Chinese citizens whom it accused of spreading malicious software through its services. According to the plaintiff, hackers advertised fraudulent crypto applications and stole money from users. 🛡️ 🔥 Which news did you find most interesting? Share your opinion in the comments!
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📈 Prediction (ETH and KAS): 🤔 #ETH/USDT - Despite a recent dip, Ethereum's price attempted to recover above $3,500 but failed. On-chain data shows that currently over 96% of the token's supply is in profit, confirming the thesis of a market top. A market top refers to the highest point reached by an asset's price before the beginning of a downward trend, signifying peak investor optimism and often preceding a market correction or downturn. This is confirmed when over 95% of the asset's supply is in profit. Thus, the likelihood of #ETH continuing its decline is significant. Forecast: Ethereum's price is currently around $3,300. It has already lost support from the 50- and 100-day exponential moving averages (EMA) and is below the $3,336 support line. This makes ETH vulnerable to testing the next critical price point at $3,031. A drop to this level seems quite probable, and if the aforementioned conditions persist, ETH could fall below $3,000. However, if Ethereum bounces back from the $3,031 mark, it could potentially initiate a recovery or slow down its decline. This would give the price a chance to reclaim the $3,336 level and refute the bearish scenario. 😁 #KAS/USDT - Forecast: At the time of writing, Kaspa is trading around $0.127, unable to break resistance at $0.145. It is likely that the decline will stop after reaching $0.117. If the bearish sentiment persists even after this, the token may test the next important support level at $0.103, implying a 17% decline for KAS. The Ichimoku Cloud also supports this outcome. Considering that price candles are currently below the cloud, the coin is likely to adhere to a bearish bias. On the other hand, if Kaspa rebounds from the $0.117 support level, it may make another attempt to break above $0.145. This would also allow the price to recover above the 50- and 100-day exponential moving averages, likely nullifying the bearish scenario. 🔍 Share your review with others!
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🔐 Cyber News (Apr 3, 2024): 1️⃣ Tether: Tether, the issuer of the #USDT stablecoin, has announced the successful completion of a System and Organization Controls 2 (SOC 2) Type I audit. SOC 2 is an independent audit, control, and reporting system developed by AICPA. It assesses control procedures for managing cybersecurity risks, with special attention to data privacy and confidentiality. 🔒 2️⃣ Shual: Just days after its launch, the number of transactions on Degen Chain surpassed 272,000. According to experts, this surge in activity is linked to the creation of meme coins and speculative tokens on the network. On-chain analyst Shual reported that since the launch of Degen Chain on March 28, 2024, over 7,500 contracts and 2,300 tokens have been deployed on the network, with the majority associated with fraudulent activities. 💸 3️⃣ PeckShield: In March 2024, over 30 incidents related to cybersecurity and fraud were recorded in the cryptocurrency sphere. The total damage amounted to $138.29 million, of which $98.8 million was recovered, a decrease of 48% compared to February. 💰 4️⃣ j: Users of the Lido Finance project are unable to retrieve their #Solana (SOL) tokens staked in the protocol, totaling $24 million. 🔄 5️⃣ FixedFloat: The #FixedFloat cryptocurrency exchange experienced its second attack of the year. Experts estimated the damage to be at least $2.8 million. According to the team's statement, the platform was attacked by the same group of hackers responsible for the breach on February 16. While the exchange's infrastructure allegedly remained intact, the hackers exploited a vulnerability in a third-party service provider. ⚠️ 🔔 Subscribe to our channel to stay updated on the latest news from the world of cryptocurrency!
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