A recent incident involving the Web3 project Munchables has seen an approximate $62.5 million worth of ether (ETH) drained due to malicious manipulation of a contract, according to blockchain data. Munchables, operating on the Blast blockchain, stated its efforts to track and halt the transactions. The project offers users the opportunity to purchase and nurture traits for digital pets in exchange for tokenized rewards. Before upgrading the platform's smart contracts, the attacker reportedly transferred users' funds to themselves. Blockchain analyst ZachXBT suggested the attacker's origin might be North Korea, based on their GitHub commit activity. #Ethereum✅#newsdaily#TrendingPredictions
BTC Maintains $65K As GBTC Outflows Hit Highest Level Ever Trending • Bitcoin remains above $65,000 despite highest-ever GBTC outflows. • GBTC outflows are occurring due to high fees and ETF competition. Bitcoin {{BTC} is down 4% and trading above $65,000 as the selling of Grayscale Bitcoin Trust (GBTC) shares hit its highest level ever. According to data compiled by BitMEX research, outflow from GBTC hit $643 million on March 18. Bitcoin ETF Flow - 18 March 2024GBTC Outflow $643m - BitMEX Research (@BitMEXResearch) March
#HotTrends#HotTrends MerlinStarter, the premier Launchpad platform within the Merlin ecosystem, has made a groundbreaking announcement regarding its inaugural IDO project, MerlinSwap, boasting an initial market valuation of $21 million.
MerlinStarter, a pivotal component of the Merlin ecosystem as per Foresight News, has unveiled its inaugural IDO venture, MerlinSwap, slated for March 25th. This initiative will offer 6% of its MP tokens, accessible through BTC, M-BTC, HUHU, and VOYA. Notably, MerlinSwap debuts with an initial market valuation pegged at $21 million. Serving as a launchpad platform, MerlinStarter facilitates the initiation of novel projects. The advent of MerlinSwap signifies a significant stride in realizing its objectives. Enabling participation through diverse cryptocurrencies such as BTC, M-BTC, HUHU, and VOYA, the project holds promise for participants seeking potential growth opportunities
MtmGate.MT, a company regulated by Malta and part of Gate Group, a leading global crypto exchange, proudly announces the successful completion of its VASP registration with Organismo Agenti e Mediatori (OAM) through its Italian subsidiary. This achievement empowers Gate.MT to provide virtual asset services to Italian customers in full compliance with local regulations via its Italian subsidiary.
Gate.MT is now authorized to offer the following services in Italy through its local subsidiary:
- Services facilitating the utilization and exchange of virtual currencies, including their conversion to or from legal tender currencies or digital representations of value, including those convertible into other virtual currencies. - Transfer and clearing services for virtual currencies. - Any other services facilitating the acquisition, trading, or intermediation in the exchange of virtual currencies. - Digital wallet services.
The registration process was conducted through Gate Technology Italia SRL, a subsidiary of Gate.MT (Gate Technology Ltd). Details of the registration are accessible on the OAM's registry for virtual currency operators under registration number PSV150.
Giovanni Cunti, CEO of Gate.MT, expressed pride and excitement about obtaining this registration in Italy. He stated, "As a regulated crypto exchange, our main goal is to gain recognition from local regulators to ensure a safe and secure trading environment for our clients."
The expansion into Italy marks a significant milestone for Gate.MT and Gate Group as a whole. Their primary aim is to establish themselves as a leading regulated crypto exchange for European clients. The company is diligently preparing for the forthcoming MiCA regulation in the region, forging enduring partnerships with local regulators, and striving to offer clients top-notch, secure, and regulatory-compliant services.
The $1 B meme coin that came out of nowhere! This coin popped out of nowhere in the last 2 days and quickly hit $1B market cap. People have no idea where it came from, but Binance has already announced their listing. What is it exactly? $BOME is a project that combines memes, decentralized storage solutions, and the thrill of trading and gambling. By using the power of memes, $BOME is redefining web3 culture and creating a new dimension of internet experience. In just over 48 hours since its launch, $BOME has skyrocketed to the 138th position in market cap rankings. That's right, with a trading volume of over $1 billion across both centralized and decentralized exchanges, this project is making a huge impact in the crypto world. But that's not all! The recent Binance listing has brought even more attention to $BOME . With new trading pairs like BOME/BTC, BOME/USDT, BOME/FDUSD, and BOME/TRY, it's already easıy accessible to the retail market. #HotTrends#BOME#TrendingTopic#binance
WIF Crossed $2 Amid SHIB & DOGE's 5% Dip, Meme Coins Buzz To Continue? The meme coins have gained notable traction lately, amid a price rally of the major players in the segment, especially the Solana-based dogwifhat (WIF). However, recent retreats in the prices of top contenders like Shiba Inu (SHIB) and Dogecoin (DOGE) have stirred speculation about the sustainability of the meme coin frenzy. While some view these setbacks as strategic maneuvers by investors, others question if this marks the beginning of a downturn for meme coins. dogwifhat (WIF) Crossed $2 Despite SHIB & DOGE Dip. The crypto market has been abuzz with excitement over meme coins, with last week seeing these tokens emerge as top gainers. Despite the recent dip in prices of leading mer. coins like SHIB and DOGE, market participants remain optimistic about the meme coin
phenomenon. Analysts suggest that the retreat of SHIB and DOGE could be a strategic move by investors, redirecting attention towards other meme coins. This redirection is evident in the impressive rally of lesser-known meme coins like dogwifhat (WIF), which has surpassed the $2 milestone, showcasing growing investor confidence. Meanwhile, BitMEX Co-founder Arthur Hayes had previously shown optimism for the crypto to surpass the $2 mark. Meanwhile, other meme coins like Pepe Coin (PEPE) and Floki have also witnessed significant price surges, indicating a broader enthusiasm for meme coins in the market. Considering the mixed performance, the traders are keepinga close watch on the price actions in the meme coin segment.
Despite the enthusiasm over WIF crossing the $2 mark, the retreat in Dogecoin and Shiba Inu prices has raised eyebrows among market analysts. Notably, some attribute the dip to recent liquidation data, with significant sell-offs recorded. Dogecoin saw liquidations totaling $40.85 million in the last 24 hours, while Shiba Inu noted liquidations amounting to $26.28 million. #TrendingTopic #BTC #WIF
Safeguarding Tether Tokens: A Comprehensive Approach to Blockchain Resilience and User Protection
Tether (USDT) has become the world’s largest stablecoin because it combines utility, security, and accessibility. In line with Tether’s commitment to keeping USDT accessible and secure, USDT has expanded across several blockchains. As USDT has become available on more blockchains, Tether has developed a robust blockchain recovery plan. In the event that any blockchain on which USDT is available becomes disrupted, Tether has developed and will implement its proactive measures to ensure uninterrupted accessibility for our holders, and safeguarding users accessibility to their USDT.
Tether is a lifeline for hundreds of millions of users across the globe. Tether is especially important in emerging markets and developing countries, who rely on USDT in their day-to-day lives for both savings and payments. As part of honoring our user’s trust in USDT, Tether believes it is crucial to ensure that, even in highly-unlikely worst-case scenarios, USDT will never be at risk.
USDT exists independent of blockchains, which are used only as a transport layer. This allows Tether to operate on multiple blockchains and for Tether’s customers to choose from nearly 15 blockchains, including Bitcoin, Ethereum, Polygon, Solana, Tron, and Tezos. This widespread adoption underscores Tether's commitment to interoperability and accessibility.
Before Tether begins to support a new blockchain, Tether conducts a rigorous due diligence process to assess potential risks and vulnerabilities. Despite these precautions, there is always the risk of technical difficulties. While catastrophic failures are unlikely, Tether’s commitment to user security requires it to protect user assets in any of these scenarios.
To address the risk that a blockchain could become unresponsive, unreliable or unusable, Tether has established an official recovery tool that can migrate USDT between blockchains. #TrendingTopic#BTC#usdts🔥🔥🔥🔥🔥
According to data disclosed by Bloomberg, 6 institutions in the field of non-performing investments (all of which are the world's largest non-performing asset investment institutions) have purchased a total of about $1.265 billion in FTX bonds, of which Attestor purchased $394 million in nominal claims, Farallon $259 million, Baupost $239 million, Oaktree $143 million, Diameter $128 million, Silver Point is $BTC #FTM
This is for you guys - another super success call - i hope everyone is enjoying the profit - i pinged yesterday too that this is just the begin for #COTI PUMP 🔥🔥🚀
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