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Cosmos Developer Releases ‘Urgent Warning’ About ATOM Liquid Staking Model, Says North Koreans Wrote Code

The developer of interconnected blockchain network Cosmos (ATOM) is warning that the Liquid Staking Module (LSM) of the Cosmos Hub poses serious security risks. In a statement, Cosmos co-founder Jae Kwon says that when developer Zaki Manian began building the LSM in August 2021, Jun Kai and Sarawut Sanit, coders who were later linked to North Korea, wrote most of the module’s code. Kwon says the same North Korean developers also fixed the vulnerabilities identified by an Oak Security audit in July 2022. “This not only undermined the integrity of the remediation process but also gave the potential creators of the vulnerabilities the opportunity to either fix or obscure any intentional weakness they may have introduced, potentially exposing the system to further risks.” Kwon says that in March 2023, the FBI informed Manian about the involvement of North Korea in the project, but instead of disclosing the information to the Cosmos community, Manian announced in Apr

Currency: What's Happening With The USD & Former President Trump?

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The US presidential campaigns have heated up the political scene. With Harris and Trump battling for the presidential seat, an array of promises have been made to support the US economy, with both candidates going far and beyond to woo its citizens. To derail the flowing narrative of de-dollarization, Trump is changing the currency dynamics by promising a 100% tariff on countries moving away from the dollar. This development bolsters the greenback up a notch, adding prestige to the USD. Also Read: BONK & Dogecoin (Doge) Price Prediction For October End What’s Happening Between Donald Trump and USD? Source: BBC The US dollar is surprising the world markets by soaring to new highs. The greenback is on the verge of delivering fresh gains as speculators continue to bet on Trump winning the ultimate presidential title in the long haul. As the US elections draw closer, Trump has recently commented about the US dollar and how he will work to curb the rampant de-dollarization drive. Trump

MicroStrategy Stock Up 1,540% Since 2020, Outperforms S&P 500

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In what is certainly a sign of the company’s thriving strategy, Michael Saylor’s MicroStrategy (MSTR) has seen its stock increase 1,540% since 2020, outperforming all of the S&P 500 in that time. Indeed, the index has only increased 11% in that time frame, showing the monumental growth the tech company has enjoyed. A key part of MicroStrategy’s success has been its adopted Bitcoin accumulation strategy. The timing of its BTC efforts could not have been better. Through the last several years, the firm has continuously increased its holdings in the leading cryptocurrency. Thereby increasing its overall value on the stock market. Source: CryptoSlate Also Read: Barclays Raise Microstrategy Stock Price Post BTC Rally: Target $225 MicroStrategy Surging Since 2020 as It Stands Above Every S&P 500 Company 2024 has proven to be Bitcoin’s year. It became the first crypto-based ETF to get regulatory approval in the United States. Moreover, just three months into the year the token reached

NFTs Are Turning Profitable This Memecoin Season – Here’s 3 Top NFT Gainers Today October 16

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The non-fungible token market has started turning profitable again after suffering more than one year of downturn, which left over 90% of the non-fungible token collections nearly worthless as of November 2023. Earlier last month, another market Analysis revealed the devastating state of NFTs, noting that 96% of NFTs may now considered dead. This NFT Analysis highlighted the high level of unprofitability among NFT holders. Below, we have highlighted three NFT gainers today, October 16. 1. Pops NFT Collection Pops, a non-fungible token collection featuring a limited edition of 1,111 NFTs hosted on the Solana blockchains network, is today’s top NFT gainer. In the past 24 hours, this NFT collection has seen its trading sale volume pumping +3,000% from the previous day. Its floor price value has also surged +580 to 0.25 SOL during this period. In the past 30 days, Pops NFT series has surged +1000 in sales volumes. Source: coingecko.com, POPS NFT Trading Activity 2. Fluf World: T

Crypto Giant Grayscale Considering Adding Aptos (APT), Dogecoin (DOGE) and 33 Other Altcoins to Product Family

Crypto asset management giant Grayscale has released a list of altcoins that it says it’s considering for new institutional products. In a blog post, Grayscale names 35 “assets under consideration” or digital assets not currently included in its products but identified by the firm as possible candidates for inclusion in a future product. Says Grayscale, “As a leading crypto-focused asset manager, introducing investors to a diverse array of investible digital assets is an important part of our mission. Accordingly, we’re excited to share this list of assets under consideration for inclusion for future Grayscale investment products, along with an up-to-date list of assets that are already part of our product family.” Included in Grayscale’s list are smart contract platforms Aptos (APT), Arbitrum (ARB), Celestia (TIA), Cosmos (ATOM) and Toncoin (TON). Classified as “consumer culture,” Grayscale lists Dogecoin (DOGE) along with Web3 gaming platform Immutable (IMX)

Top Cryptocurrencies to Buy Now October 15 – Solana, Pendle, Ondo

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Several altcoins are showing signs of a potential bullish breakout, according to recent chart Analysis . Traders are closely monitoring key technical levels, anticipating a strong upward momentum in the near term. These assets have attracted significant attention due to their rising prices and increased trading volumes. As this trend progresses, investors are particularly interested in identifying the top cryptocurrencies to buy now . This article analyzes these market indicators and price movements, listing which altcoins might be promising for investment soon. Top Cryptocurrencies to Buy Now Pendle is gaining traction in the decentralized finance (DeFi) space with its innovative approach to trading future yields. Meanwhile, market sentiment for Solana remains optimistic, as reflected in its positive price predictions. The Fear & Greed Index is 65 (Greed), indicating strong positive sentiment among traders. Additionally, Notcoin is trading at $0.008518, showing an intraday incr

BRICS Advances 'Multicurrency System' To Break US Dollar Dominance

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BRICS member Russia is pitching a new idea of a ‘multicurrency payment system’ option to break the US dollar dominance. Russia is proposing changes to cross-border transactions where all currencies of existing members will be used to settle trade. The move will bolster local currencies of member nations leading to lesser dependency on the US dollar. Also Read: North American Countries Start Applying For BRICS Membership The new BRICS multicurrency payment system will be a ring of all currencies and become a center for mutual trade. The main agenda is to circumvent the Western financial powers and usher into a new era of global authority. Russia is pitching the multicurrency system to sanction-proof its economy and that of the existing members of the alliance. Also Read: BRICS Country Rejects De-Dollarization, Embraces the US Dollar BRICS: Russia Wants ‘Multicurrency System’ To Challenge US Dollar Hegemony Source: DIRCO/GovernmentZA) Russia wants the new BRICS multicurrency payment syst

Monochrome Asset Management To Launch Australia’s First Spot Ethereum ETF

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Australian asset manager Monochrome Asset Management is gearing up to launch the country’s first spot Ethereum ETF (exchange-traded fund). The new fund comes just 4 months after the firm launched its spot Bitcoin ETF in June, and will be listed on the Australia Cboe exchange on Oct. 15 at 10:00 a.m. local time.   Monochrome Ethereum ETF Will Be More Tax Efficient Than US Funds The Monochrome Ethereum ETF is being positioned as the first ETH ETF to offer in-kind subscriptions and redemptions for the largest altcoin by market cap. According to the asset manager’s CEO, Jeff Yew, this differing model might provide greater tax efficiency to investors, making the fund more attractive than its US competitors. Through a dual-access bare trust structure, the Monochrome Ethereum ETF aims to prevent capital gains tax events for long-term investors. This structure will allow investors to transfer ETH into Monochrome’s fund without triggering a change in legal or beneficial ownership, preven

Bored Ape NFT #7940 Sells For +$1.4M – Daily NFT Sales Jump 33%

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The global non-fungible token market, once characterized by meteoric rises and sudden falls, continues to showcase strong resilience and is slowly moving from a recovery mode to a strong market revival in 2024. Just a few hours ago, a Bored Ape non-fungible token collection sold for over $1.4 million, further proving that the non-fungible token market is still alive and lively. Last month, a report from nftevening.com revealed the troubling state of the non-fungible token market, with 96% of NFTs considered dead. The report scrutinized 5,000 NFT collections and 5 million transactions to assess the current state of NFTs. This report highlighted the high rate of unprofitability among NFT holders and the fleeting lifespan of the majority of NFT collections. This report may lack relevance as the NFT market continues to record positive growth. Bored Ape #7940 NFT Sells For +$1.4M Data compiled by CryptoSlam.io, a comprehensive data aggregator platform that facilitates users with informat

Uniswap (UNI) Jumps 12% As Project Announces New Ethereum (ETH) Layer-2 Focused on DeFi

Uniswap’s native token, UNI, ignored a stagnant crypto market and surged by more than 12% on Thursday as the decentralized exchange (DEX) project announced a new Ethereum (ETH) layer-2 project. Uniswap Labs says the new project, called “Unichain,” aims to facilitate decentralized finance (DeFi) and liquidity across chains. “Unichain is designed to leverage and accelerate Ethereum’s scaling roadmap, moving execution to an L2. In practice, this means Unichain will lower transaction costs by ~95% compared to Ethereum L1 in the short term, and even more over time. Unichain will soon introduce a decentralized validation network that allows nodes to verify blocks. This adds an additional layer of finality and reduces the risk of conflicting or invalid blocks.” Hayden Adams, the chief executive of Uniswap Labs, says the new layer-2 is a result of “six years of designing and building in the DeFi space.” “Unichain is built on top of the Superchain – with a few new addit

MicroStrategy’s endgame is to be the leading Bitcoin bank: Michael Saylor

MicroStrategy aims to become the world’s leading Bitcoin bank, holding 252,220 BTC. The company invests borrowed funds in Bitcoin, expecting 29% annual returns. Saylor’s goal is to grow MicroStrategy into a trillion-dollar bitcoin-driven entity. Michael Saylor, founder and executive chairman of MicroStrategy, in an interview with analysts at research and brokerage firm Bernstein outlined a clear vision for the future of his company. According to Saylor, MicroStrategy aims to become the world’s leading Bitcoin bank. Saylor believes that Bitcoin (BTC) is not only the top-performing asset of the 21st century but also the cornerstone of a revolutionary financial system and his ultimate goal is for MicroStrategy to transform into a trillion-dollar company by leveraging the potential of Bitcoin (BTC). MicroStrategy’s Bitcoin accumulation strategy MicroStrategy’s recent acquisition of 7,420 BTC demonstrates its aggressive approach toward bitcoin accumulation, usi

GameFi Meme Coin Memebet Token Rakes In $430K In One Month – Only Hours Left Before A Price Hike

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Memebet ($MEMEBET) token has already raised over $430,000 in its presale as this new GameFi project aims to put idle meme coins to use. In the crypto world, it’s all about returns – massive returns, that is. That’s why meme coins have been the stars of 2024, as they have consistently offered accelerated returns that outshine the industry’s top assets. Of course, the digital asset space is just as volatile as traditional finance, but with even more wild swings thanks to the industry’s nascency. As such, meme coin lulls can go on for an extended period. Enter the Memebet token project, which has developed a way for the industry’s whimsical assets to potentially yield big payouts by allowing the most degen investors to win big in its upcoming meme coin casino. That’s right, the Memebet token is launching an online casino where users can wager with meme coins. Holders of Dogecoin ($DOGE), Shiba Inu ($SHIB), Pepe ($PEPE), and others now have a new way to feed

Dogs Price Prediction: DOGS Drops 5% As Traders Pivot To This New Meme Coin Rival With 691% APY

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The Dogs price has plunged 6% in the last 24 hours to trade at $0.0006754 as of 00:31 a.m. EST on trading volume that surged 51% to $281 million. Dogs Price Aiming For A Breakout The Dogs price is in a downtrend, characterized by a series of lower highs and lower lows since early September. The falling wedge pattern drawn on the chart reinforces this downtrend. However, toward the right side of the chart, we see that the Dogs price is consolidating in a sideways range within the $0.000690 range, which could indicate the formation of a potential reversal pattern or accumulation phase, according to data from GeckoTerminal . The price of Dogs now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the recent downtrend. The RSI is currently at 43.26, which is in the neutral to slightly bearish zone (30-50 range). This suggests that the asset is not oversold or overbought, but it’s leaning toward bearish momentum. If the bears win the struggle for domina

Moo Deng Price Prediction: MOODENG Soars 11% Amid Whale FOMO Frenzy Around Pepe Unchained ICO

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The Moo Deng price soared more than 11% in the last 24 hours to trade at $0.1654 as of 7:22 a.m. EST as investors rush to buy the meme coin. With the recent surge in the MOODENG price, the crypto has skyrocketed more than 377% over the past 30 days. The Moo Deng Price Approaching A Major Resistance 4-hour chart for MOODENG/USD (Source: GeckoTerminal ) A positive trend line has emerged on the 4-hour chart for Moo Deng, with the meme coin now attempting to flip the resistance level at $0.2290 into support. Should the crypto clear this technical barrier, it could have the foundation needed to keep climbing through the course of the next trading day. MOODENG might subsequently climb to as high as $0.3785 in the short term. On the other hand, the Moo Deng price failing to break above the $0.2290 obstacle within the next 24 hours could prevent a bullish move from happening. In this alternative case, traders might end up panicking and potentially dump their holdings in the meme coin.