Crypto

Cardano, Big Eyes coin and PancakeSwap are on the rise – Cryptocurrencies to buy now

Published

2 years ago

October 17, 2022

Cardano, Big Eyes coin and PancakeSwap are on the rise – Cryptocurrencies to buy now

The cryptocurrency market has skilled a significant dip in latest months, and plenty of crypto followers have been eagerly awaiting the chance to make the leap in addition to spend money on platforms that may assist them exit the bearish market. Regardless of the uncertainty, the excellent news is that there are quite a few new cryptocurrencies in search of to take the crypto world by storm frequently.

For the reason that introduction of Dogecoin and Shiba Inu, the Meme Coin trade has been continuously increasing. They’ve sparked a brand new revolution of meme cash that aspire to have wonderful utility options in addition to make a distinction within the setting and the world as market heroes.

New meme cash like Large Eyes Coin (BIG), have taken the market by storm and remodeled the market’s perspective in direction of meme tasks. On this article, we’ll talk about the potential of Large Eyes Coin (BIG) to generate nice income like Cardano (ADA) and PancakeSwap (CAKE).

Source: Large Eyes (BIG)

Cardano (ADA)

Analysts imagine Cardano (ADA) is among the most vital market gamers and needs to be added to your watchlist. The open-source Cardano blockchain structure allows peer-to-peer transactions. Cardano (ADA) has just lately had some value and adoption success. It’s a good contract platform with distinct proof of stake mechanism that gives larger scalability and safety than rivals.

Cardano has been engaged on growing a decentralized market and has made progress. The confluence of those variables has resulted in larger curiosity in Cardano and a value hike. Cardano (ADA) can be a fantastic cryptocurrency choice to spend money on in order for you a variety of NFTs.

Spacebudz is one in all Cardano’s hottest NFT tasks. Because the identify implies, buyers would possibly personal their very private house companion. With over 10,000 designs to select from, you are positive to seek out one which appeals to you (or the one with a possible for enormous revenue sooner or later).

Cardano’s different vital mission is known as Pavia. It is a metaverse-inspired digital actuality sport. Gamers can receive a wide range of goodies to primarily enhance the lifetime of their digital character. Pivia is projected to turn into one of many market’s most profitable digital video games.

PancakeSwap (CAKE)

PancakeSwap (CAKE) is a decentralized alternate (DEX) constructed on the Binance Sensible Chain (BSC), and it is among the world’s largest by commerce quantity. PancakeSwap (CAKE) gives a one-of-a-kind staking scheme through which customers can earn CAKE tokens by offering finance.

Some great benefits of investing in PancakeSwap (CAKE) embody speedy transactions with low-cost prices, ease of utilization, and a powerful neighborhood. PancakeSwap (CAKE) can be among the many few DEXes that permit customers to make transactions immediately from their wallets, making it simpler to make use of.

PancakeSwap (CAKE) has emerged because the go-to DEX for a number of Binance good chain customers by permitting them to commerce their Binance native cryptocurrencies for different PancakeSwap (CAKE) listed property. Whereas Uniswap (UNI) dominates the DEX trade, PancakeSwap is at the moment on the rise.

There are numerous cryptocurrency exchanges obtainable on the coin market, however PancakeSwap (CAKE) is among the most well-known choices for sellers and purchasers. It’s based mostly on the BNB chain, enabling customers to alternate tokens with out using intermediaries.

PancakeSwap affords rather a lot to supply people who favor decentralized exchanges, together with the choice to commerce cryptocurrencies with different customers whereas preserving anonymity and management of their property. With about 3,500 cash and 4,000 commerce pairs, the platform additionally gives a number of yield farming choices. PancakeSwap (CAKE) gives choices for earnings era by way of yield farming in addition to liquidity provision.

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Large Eyes (BIG)

Large Eyes Coin (BIG) is a revolutionary meme token designed to facilitate wealth switch contained in the DeFi ecosystem. Large Eyes Coin (BIG) is a futuristic meme coin. The objective is to create a self-sustaining blockchain setting whereas additionally producing cash for the neighborhood. Large Eyes Coin (BIG) will obtain this by using NFTs to allow entry to content material in addition to occasions that can lead to elevated blockchain progress.

The next elements, in line with consultants, make Large Eyes (BIG) the most certainly meme coin reaches 10 in income:

The neighborhood will personal and function huge eyes (BIG). 90% of Large Eyes Coin (BIG) shall be obtainable upon launch. To assist safeguard the oceans, 5% of cash shall be given to charities.
Large Eyes Coin (BIG) seeks to create NFT collections that rank within the prime ten on the planet, leading to elevated token worth.
Large Eyes Coin (BIG) intends to construct NFT collections that can rank among the many prime ten on the planet, rising the token’s worth.
5% of tokens shall be spent on advertising and marketing, making certain that Large Eyes Coin’s (BIG) buzz continues within the crypto trade.

Large Eyes Coin (BIG) has positioned itself as an interesting funding with giant potential income. Crypto Analysts advocate that anybody occupied with making cryptocurrency-related investments discover Large Eyes Coin (BIG), which has the potential to rank excessive.

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Crypto

North Korean hackers account for 60% of all cryptocurrency stolen in 2024

Published

4 hours ago

December 20, 2024

Press Room

North Korean hackers account for 60% of all cryptocurrency stolen in 2024

North Korean hackers have stolen $1.34bn (£1bn) in cryptocurrency in 2024, accounting for nearly 60 per cent of the total amount stolen across the world, according to a new study.

A total of $2.2bn (£1.76bn) has been stolen from crypto platforms this year, marking a rise of 21 per cent, with crypto hacks by North Korean affiliates “becoming more frequent”, a study by blockchain analysis company Chainalysis said.

The amount stolen by North Korea-affiliated saw a 102 per cent increase in value from 2023, when an estimated $660.50m was stolen.

Isolated in the global market and reeling under international sanctions, the government in North Korea is accused of turning to crypto theft to fund state-sponsored operations and support its booming nuclear arsenal.

The report said that the US and international experts have assessed that Pyongyang uses the stolen crypto money to “finance its weapons of mass destruction and ballistic missiles programs”.

“Hackers linked to North Korea have become notorious for their sophisticated and relentless tradecraft, often employing advanced malware, social engineering, and cryptocurrency theft to fund state-sponsored operations and circumvent international sanctions,” the report said.

North Korean leader Kim Jong Un (C) overseeing a simulated nuclear counterattack drill earlier this year (EPA)

Some of these attacks appeared to be linked to North Korean IT workers who have been able to infiltrate crypto and other technology firms, the report added.

“These workers often use sophisticated Tactics, Techniques, and Procedures (TTPs), such as false identities, third-party hiring intermediaries, and manipulating remote work opportunities to gain access,” it said.

The research comes at a time when the value of bitcoin, the world’s biggest and best-known cryptocurrency, has rallied to record levels ahead of US president-elect Donald Trump‘s second administration. This week Mr Trump reiterated that he plans to create a US strategic reserve of bitcoin similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls.

The US Department of Justice (DoJ) has launched a crackdown on North Korean hackers engaged in crypto theft in recent years. It indicted 14 North Korean nationals who obtained employment as remote IT workers at US companies and were accused of generating more than $88m by stealing proprietary information and extorting their employers.

In one of the most significant incidents of crypto theft, a North Korea-affiliated hack targeted the Japanese cryptocurrency exchange DMM Bitcoin. The attack led to the theft of around 4,502.9 Bitcoin, worth $305m at the time.

Crypto

North Korean hackers stole $1.3bn in crypto this year, report says

Published

12 hours ago

December 20, 2024

Press Room

North Korean hackers stole .3bn in crypto this year, report says

A total of $2.2bn (£1.76bn) in cryptocurrencies has been stolen this year, with North Korean hackers accounting for more than half that figure, according to a new study.

Research firm Chainalysis says hackers affiliated with the reclusive state stole $1.3bn of digital currencies – more than double last year’s haul.

Some of the thefts appear to be linked to North Korean hackers posing as remote IT workers to infiltrate crypto and other technology firms, the report says.

It comes as the price of bitcoin has more than doubled this year as incoming US president Donald Trump is expected to be more crypto-friendly than his predecessor, Joe Biden.

Overall, the amount of cryptocurrency stolen by hackers in 2024 increased by 21% from last year but it was still below the levels recorded in 2021 and 2022, the report said.

“The rise in stolen crypto in 2024 underscores the need for the industry to address an increasingly complex and evolving threat landscape.”

It said the majority of crypto stolen this year was due to compromised private keys – which are used to control access to users’ assets on crypto platforms.

“Given that centralised exchanges manage substantial amounts of user funds, the impact of a private key compromise can be devastating”, the study added.

Some of the most significant incidents this year included the theft of the equivalent of $300m in bitcoin from Japanese cryptocurrency exchange, DMM Bitcoin, and the loss of nearly $235m from WazirX, an India-based crypto exchange.

The US government has said the North Korean regime resorts to cryptocurrency theft and other forms of cybercrime to circumvent international sanctions and raise money.

Last week, a federal court in St Louis indicted 14 North Koreans for allegedly being part of a long-running conspiracy aimed at extorting funds from US companies and funnelling money to Pyongyang’s weapons programmes.

The US State Department also announced that it would offer a reward of up to $5m for anyone who could provide more information about the alleged scheme.

Crypto

New Opportunities for Businesses with Cryptocurrency Wallets | Fingerlakes1.com

Published

20 hours ago

December 19, 2024

Press Room

New Opportunities for Businesses with Cryptocurrency Wallets | Fingerlakes1.com

Cryptocurrency wallets are no longer a niche tool for tech enthusiasts, they’re quickly becoming a must-have for businesses looking to adapt and grow.

These digital wallets allow companies to store, manage, and accept cryptocurrencies securely, offering a host of advantages for businesses worldwide.

With the rise of blockchain technology, tools like a crypto wallet for your business are helping organizations unlock new opportunities for speed, security, and global expansion.

In this article, we’ll break down how cryptocurrency wallets can transform businesses, highlighting their features, benefits, and real-world applications.

Key Features of Cryptocurrency Wallets for Businesses

Security:

Cryptocurrency wallets use advanced blockchain technology to protect against fraud, hacking, and data breaches.

Each transaction is recorded on an immutable ledger, ensuring transparency and minimizing the risk of manipulation.

For businesses, this translates to a higher level of trust and reduced exposure to fraud.

Efficiency:

Speed is everything in today’s business world.

With crypto wallets, transactions are processed much faster compared to traditional banking methods.

No waiting days for wire transfers, payments are completed in minutes, whether it’s across town or across the globe.

Global Access:

Unlike traditional payment methods, cryptocurrency wallets aren’t restricted by borders or currency conversions.

Businesses can seamlessly operate in international markets, offering customers an easy and affordable way to pay without dealing with exchange rates or high transaction fees.

Opportunities Provided by Crypto Wallets

The growing popularity of cryptocurrency isn’t just hype, it’s backed by numbers.

As of 2024, approximately 562 million people own some type of cryptocurrency, which represents about 6.8% of the global population, according to a recent survey by Triple A.

For businesses, these millions of crypto wallets unlock a wide range of opportunities:

Expanding Customer Base: Tech-savvy customers and international audiences are increasingly turning to cryptocurrencies for their purchases.

Businesses that accept crypto payments can attract a wider audience, including customers in regions with limited access to traditional banking systems.

Cost Savings: Traditional payment processors and credit card networks come with hefty transaction fees.

Cryptocurrency payments, on the other hand, have significantly lower fees, especially for international transactions.

Over time, these savings can make a real impact on a company’s bottom line.

Revenue Growth: By accepting cryptocurrencies, businesses can tap into a growing market segment and create new revenue streams.

Whether it’s Bitcoin, Ethereum, or stablecoins, crypto acceptance positions businesses as forward-thinking and innovative.

Financial Independence: Crypto wallets allow businesses to operate independently of banks and intermediaries.

Companies gain full control over their finances and can send or receive payments anytime, anywhere, without relying on third-party approval.

Use Cases for Businesses

Cryptocurrency wallets are already transforming industries, helping businesses reduce costs, improve efficiency, and attract new customers.

Here are a few specific examples:

E-commerce and Online Services: Online retailers are increasingly adopting crypto wallets to reach global customers and reduce transaction fees. By accepting cryptocurrencies, e-commerce platforms eliminate middlemen and offer faster, cheaper payments.
Gaming and Entertainment: The gaming industry has embraced cryptocurrency as a payment method for in-game purchases, subscriptions, and digital goods. Crypto wallets offer gamers a seamless way to pay while enabling businesses to attract a tech-savvy audience.
Forex and Trading Platforms: Crypto wallets are a natural fit for forex and trading businesses, allowing them to accept and process digital assets quickly and securely. This improves liquidity and gives traders more flexibility with their investments.

Real-World Case Study:

In 2014, large ecommerce retail Overstock.com started accepting crypto payments and they then reported that 5.6% of all their sales for the following year were attributed to crypto.

By removing transaction barriers and offering a flexible payment option, they successfully expanded their global reach and boosted sales.

Conclusion

Cryptocurrency wallets are opening up new opportunities for businesses to grow, adapt, and thrive in a digital-first world.

From enhanced security and cost savings to faster transactions and global accessibility, the benefits are hard to ignore.

By adopting a reliable crypto wallet for your business, you’re not just staying ahead of the curve, you’re setting your company up for long-term success.

With crypto adoption on the rise, there’s never been a better time to explore the future of payments.

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