Author: Top Rated Cryptos
Key Points: – XRP whales are increasing their holdings, suggesting bullish sentiment. – Analysts recommend considering investments in Shiba Inu and NuggetRush (NUGX) meme coins. – Shiba Inu has gained popularity due to its meme coin status, while NuggetRush aims to promote a cryptocurrency-backed online gaming platform. – Investors should carefully research and assess the risks associated with meme coins before considering any investments. XRP Whales Accumulating: Bullish Sentiment in the Market In a recent development, XRP whales have been accumulating more of the cryptocurrency, indicating a potential bullish sentiment in the market. XRP, the digital asset used by Ripple,…
Tether Launches Tether Edu to Enhance Digital Product Development Skills Key Points: – Tether, the issuer of the stablecoin USDT, has unveiled a new educational program called Tether Edu. – The program aims to expand the availability of digital product development skills and coordinate educational initiatives. – Participants of Tether Edu will have access to a range of learning resources and workshops. Tether, one of the leading stablecoin issuers, has taken a step towards empowering individuals with the necessary skills to navigate the digital landscape. In its recent announcement, Tether revealed the launch of Tether Edu, an educational program designed…
Pullix May Overtake Uniswap in Trading Volume, Supporters Say Key Points: Supporters believe Pullix has the potential to surpass Uniswap in trading volume A report highlights the ongoing, unresolved Binance-SEC legal dispute According to passionate supporters, Pullix, a rising cryptocurrency exchange platform, is poised to outpace Uniswap in terms of trading volume. This bold claim comes as the cryptocurrency market continues to evolve and attract new investors. Pullix, known for its user-friendly interface and innovative features, has gained popularity within the crypto community. As its user base expands, supporters argue that it has the potential to overtake Uniswap, one of…
FTX Crypto Exchange Loses $400M in SIM-Swap Hack Overview Prosecutors claim that FTX, a defunct crypto exchange, suffered a massive loss of over $400 million in cryptocurrency. The significant loss occurred due to a SIM-swap hack, allegedly orchestrated by three individuals. FTX experienced this devastating incident shortly after filing for bankruptcy. The SIM-Swap Hack In a shocking turn of events, FTX, a prominent crypto exchange, became the victim of a SIM-swap hack resulting in a loss of over $400 million in cryptocurrency. Prosecutors have accused three individuals of orchestrating this hack, which has caused significant financial turmoil for the defunct…
Sophisticated Deepfake Video of Andrew “Twiggy” Forrest Promoting Fraudulent Crypto Trading Platform Overview Introduction to the alert issued by Cybertrace The discovery of a deceptive deepfake video on Facebook Andrew “Twiggy” Forrest’s involvement in the video endorsing a fraudulent crypto trading platform The enticement and potential risk to viewers The Alert Cybersecurity experts at Cybertrace have recently raised an alarm regarding a highly sophisticated deepfake video that has emerged on social media platforms. The video features prominent Australian mining tycoon and entrepreneur, Andrew “Twiggy” Forrest, endorsing a fraudulent cryptocurrency trading platform. The Deceptive Video The manipulated video was discovered on…
Crypto Trader Turns Five Ethereum into $3.3 Million with PORK Token Key Points: A talented trader demonstrates incredible financial acumen with a $3.3 million profit from PORK token. The trader managed to turn just five Ethereum (ETH) into this staggering amount. Such success highlights the lucrative potential and volatility of the cryptocurrency market. PORK token proves to be a highly profitable investment for this trader. This achievement showcases the opportunities and risks in the crypto trading world. A cryptocurrency trader recently showcased their exceptional trading skills by turning a modest investment of five Ethereum (ETH) into a staggering $3.3 million…
The End of Open Exchange: Cryptocurrency Derivatives Platform Shutting Down Key Points: Open Exchange (OPNX) is a cryptocurrency derivatives and bankruptcy claims platform. Su Zhu and Kyle Davies, the founders of OPNX, are also known for their involvement in the bankrupt hedge fund Three Arrows Capital (3AC). OPNX will be shutting down in February, as announced in an email sent to customers. The reasons behind the decision to close the platform remain undisclosed at this time. The closure raises concerns about the overall stability and security of cryptocurrency derivative platforms. Open Exchange (OPNX), the cryptocurrency derivatives and bankruptcy claims platform,…
Valkyrie Becomes First Spot Bitcoin ETF Issuer to Utilize Multiple Crypto Custodians Key Points: – Valkyrie, a leading asset management firm, has made history as the first spot Bitcoin Exchange-Traded Fund (ETF) issuer to collaborate with two different crypto custodians. – The company has signed a deal with BitGo, a renowned cryptocurrency custodian, to further enhance the security and accessibility of its Bitcoin ETF. – By using multiple custodians, Valkyrie aims to diversify risk and provide investors with enhanced protection and peace of mind. – The move highlights the growing importance of robust custodial solutions in the cryptocurrency industry as…
Why Former BitMEX CEO Arthur Hayes is Bullish on Solana’s Recovery and Growth Key Points: Former BitMEX CEO Arthur Hayes believes in Solana’s potential for recovery and growth in the crypto market. Hayes highlights the opportunity for Solana to thrive following the downfall and corruption scandals related to FTX. Solana’s technological advancements and high scalability make it an attractive option for investors. The network’s ability to handle a large number of transactions and low fees enhance its potential for future success. Hayes predicts Solana’s price to surge as more investors recognize its value and utility. Former BitMEX CEO and Solana’s…
Valkyrie to Diversify Custody of Bitcoin ETF Assets Across BitGo and Coinbase Key Points: Valkyrie has become the first spot Bitcoin Exchange-Traded Fund (ETF) to diversify the custody of its coins. The investment firm will work with custodian providers BitGo and Coinbase to safeguard their funds. The move aims to enhance security and reliability for the Valkyrie Bitcoin ETF. The collaboration with BitGo allows for the diversification of the fund’s bitcoin holdings. The decision sets a precedent for other Bitcoin ETF issuers to protect their customers’ assets. Valkyrie’s choice to diversify assets aligns with the industry’s focus on security measures…