Author: Top Rated Cryptos

XRP and Tron Remain Strong Amid Market Pressure Key Points: XRP and Tron show resilience amidst a general selling pressure in the crypto market. Meme Moguls, a digital collectibles platform, secures over $1.9 million during its presale. XRP and Tron Show Resilience in the Face of Market Pressure The cryptocurrency market is experiencing selling pressure, with several coins facing a downward trend. However, XRP and Tron are displaying resilience and managing to hold their ground amidst the market turmoil. XRP, also known as Ripple, has been performing well despite the overall negative sentiment in the crypto space. As one of…

Pendle Finance Sets New Liquidity Milestone with Ondo Finance Partnership Decentralized finance platform, Pendle Finance, has achieved a groundbreaking milestone by surpassing $500 million in total liquidity. This major accomplishment comes right after Pendle Finance announced a strategic partnership with the Coinbase-backed protocol, Ondo Finance. As a result of this collaboration, the native token of Pendle Finance, PENDLE, has experienced a remarkable surge of over 18% in value. Rapid Rise in Liquidity One of the key highlights of Pendle Finance’s achievement lies in its ability to attract a significant amount of liquidity. With over $500 million now locked in on…

Polkadot’s Bullish Run, Pullix and Maker Gain Momentum Key Points: Polkadot experiences a surge in popularity and growth Pullix, a rising player in the crypto market, gains traction Maker, a decentralized finance protocol, shows promising potential Polkadot’s Soaring Popularity Polkadot, a blockchain platform that enables different blockchains to interoperate, is currently enjoying a bullish run in the market. With its unique design and innovative approach, Polkadot has been gaining significant attention from crypto enthusiasts and investors alike. One of the main reasons behind Polkadot’s popularity surge is its ability to provide interoperability between various blockchains. This interoperability allows different blockchains…

PayPal Ventures Makes First Investment with PayPal USD Stablecoin Key Points: PayPal completes its inaugural investment using its stablecoin PayPal USD (PYUSD). PayPal Ventures supports Mesh, an emerging technology firm. This move showcases PayPal’s increasing involvement in the blockchain and cryptocurrency space. PayPal’s investment in Mesh comes as the crypto market sees heightened interest and adoption. In a significant development in the world of cryptocurrencies, international payment giant, PayPal, has successfully executed its maiden investment using its stablecoin, PayPal USD (PYUSD). The San Jose-based payment company announced the venture through a press release on January 29. The investment was made…

SEC Accuses HyperFund Crypto Project Founders of Fraud Key Points: The U.S. Securities and Exchange Commission (SEC) has filed charges against the founders of the HyperFund crypto project. The SEC alleges that the founders engaged in a fraudulent operation that defrauded over one million investors. The regulators claim that the defendants promised significant returns on investments in the HyperFund project through its token, which they marketed as a wealth management tool. HyperFund founders are accused of misappropriating investor funds and using them for personal expenses, including luxury cars and homes. The SEC seeks to obtain injunctions, disgorgement of ill-gotten gains,…

The dYdX Foundation and Stride Partner to Introduce Liquid Staking on Blockchain Key Points: – The dYdX Foundation has partnered with Stride to introduce liquid staking on its blockchain. – This partnership aims to enhance staking options in the Cosmos Ecosystem. – Stride, a leading liquid staking provider in the Cosmos Ecosystem, brings expertise to this venture. – Liquid staking offers more flexibility and liquidity to stakers. Enhancing Staking Options in the Cosmos Ecosystem The dYdX Foundation, a prominent player in the blockchain space, has joined forces with Stride to introduce liquid staking on its blockchain. This partnership aims to…

Bitcoin Investors Strategize for Potential Price Breakout in February In recent market analysis, it is evident that Bitcoin investors are gearing up for a potential price breakout in the month of February. Various market trends and indicators suggest that strategic moves are being made by investors to pave the way for a significant surge in Bitcoin’s price. The Rising Demand for Bitcoin The increasing demand for Bitcoin is one of the key factors contributing to this anticipated price breakout. As more individuals and institutional investors recognize the potential of Bitcoin as a store of value and a hedge against inflation,…

Hackers Target Trust Wallet Backed by Binance: No Customer Data Compromised Introduction In a recent security breach, hackers targeted Trust Wallet, a popular cryptocurrency wallet backed by Binance. The attack occurred on January 17, but fortunately, the swift response from the Trust Wallet team prevented any significant customer data from being compromised. This incident once again highlights the importance of robust security measures in the cryptocurrency industry. The Attack Hackers launched their attack on the Trust Wallet infrastructure, with the intention of gaining access to customer data and potentially stealing funds. However, thanks to the proactive efforts of the wallet…

BlackRock and VanEck Embrace Google Ads for Bitcoin ETFs Introduction In a major development for the cryptocurrency industry, investment management giants BlackRock and VanEck have unveiled their advertising campaigns for spot Bitcoin exchange-traded funds (ETFs) on Google. This move follows Google’s recently updated ad policy, which now allows cryptocurrency-related ads, including those for ETFs. Key Points: BlackRock and VanEck have launched advertising campaigns for their spot Bitcoin ETFs on Google. The ad campaigns come in the wake of Google’s revised policy on cryptocurrency-related ads. BlackRock’s Bitcoin ETF is expected to provide investors with exposure to the world’s largest cryptocurrency. VanEck’s…

Airdrop Ends with Quarter of Supply Burned for WEN Token on Solana Key Points: – The airdrop for the Solana-based cryptocurrency WEN token has ended. – A quarter of the token’s total supply was burned due to unclaimed tokens. – WEN token holders who participated in the airdrop received their tokens based on several factors such as wallet activity and Solana network usage. – The burning of unclaimed tokens helps increase the scarcity and value of the remaining supply. – The successful completion of the airdrop indicates growing interest and adoption of the WEN token on the Solana blockchain. Airdrop…