Bitcoin Industry

2023-11-08 18:59:09 Not a week goes by without interesting news about the Sundae project.

After a post by one of the founders of the Odyssey project regarding Bitget exchange opening Sundae deposits was published, Elon Musk made a post on his X network:

"Ice cream is one of the great joys of life."

It's hard not to agree with Elon. In just two months, the Sundae token's value has increased from $0.25 to $4, making its many followers 16 times richer.

We'd like to remind you – this is at least the third mention by Musk of some "ice cream." The first mention miraculously coincided with the listing on MEXC.

So, what is Sundae? What's the secret behind the rapid token's value growth during such a depressive period of bear market rally?

The secret of this growth partly lies in rumors that Sundae senators have established an accumulation fund where about 30% of the token's sales profit goes.

The fund plans to invest in various sources of income, such as trust funds, media, online schools, IT companies, digital agencies, and even immortal canvases by world-famous authors.

The project has all chances to become revolutionary, as evidenced by its listing on major exchanges like MEXC and Bitget, the participation of bloggers with a million-strong audience and funds that previously invested in the current market "monsters."

One of the Odyssey co-founders explains: "Sundae means 'ice cream dessert.' Yesterday, the token cost only $0.25, less than ice cream. Today it's already $4, and tomorrow it could be worth thousands. Can you buy your secure future at the price of an ice cream? A foolish question, of course, you can!" Open / Comment

2023-11-08 15:01:44 Ripple Collaborates to Power Payments Corridors Between Africa and Rest of the World

Crypto payments giant Ripple has partnered with fintech Onafriq for cross-border payments between Africa and the rest of the world.

The deal would facilitate crypto-enabled cross-border payments between 27 African countries and markets including the UK, Australia, and the Gulf. Per the company press release, Onafriq utilizes Ripple’s blockchain payments technology to establish three new payment corridors.

Onafriq would establish alliances with customers of PayAngel in the U.K., Pyypl in the Gulf Cooperation Council (GCC), and Zazi Transfer in Australia. The company made the announcement on Wednesday at Swell, Ripple’s annual conference, in Dubai.

Dare Okoudjou, CEO at Onafriq, noted that the company aims to “make borders matter less” in terms of payments.

“These connections enable fast, secure and low-cost remittances at scale between Africa and the rest of the world. It represents a bold step for our crypto-strategy to leverage blockchain to amplify our impact on people and businesses.”

Onafriq is a leading mobile payments fintech in Africa, recently rebranded from MFS Africa. The rebranding mirrors Onafriq’s evolution to expand its services beyond mobile finance to become a versatile omnichannel platform, it noted. Open / Comment

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2023-11-07 16:10:54 GameFi project MetaTrace introduces a new affiliate direction with advertising account!

According to insider information, MetaTrace is gearing up to launch a game-changing advertising account. This cutting-edge tool will offer exclusive partner tasks, all conveniently available on MetaTrace Quest platform, which has already captivated the attention of nearly 2 million users. But the excitement doesn't end there!

Wondering how this benefits you?

- In the coming weeks, as an advertiser, you can integrate into the project platform, post tasks on the Quest platform with nearly 2 million registered users in the advertising account's first stage
- The entire user base will receive tokens for viewing ads and task completion, with the second stage adding banner networks, and the third stage featuring integration into targeted group advertising mailings

And it is important that the budget from advertisers will be directed to the prize fund, so that platform players will receive part of this budget in the form of prizes!

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2023-11-01 18:00:47 November promises to be a very eventful month for all participants of the Sundae project

Is this tied to the project's creator announcing an imminent token listing on a major exchange or the upcoming Sundae Day in the USA? We will find out soon.

A reminder of what is known about the project:

Sundae is a crypto token that equates to digital art. Currently, Sundae is available at the price of an ice cream, but in a month, the token's value may reach $25, and subsequently $50, $100, or even $1000.

What is remarkable it's the coincidence: one of the Sundae creators posted information about the project on Telegram, and 20 minutes later, Elon Musk posted a photo where he was eating Sundae ice cream in his childhood. It might be a coincidence, but it could also be Musk's intention.

Investing in Sundae today might resemble buying McDonald's stocks on its opening day in 1940 or accidentally purchasing a Picasso drawing for ten dollars.

The Sundae project was established by the team of Odyssey and the popular meme token Grimace.

This pathetic uptrend on the crypto market you call a pump is just a dead cat's bounce.

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2023-10-30 15:00:39 LastPass Data Breach Results in $4.4 Million Crypto Loss for 25 Victims in a Single Day

Around 25 individuals have reportedly lost $4.4 million in cryptocurrency from a total of 80 wallets, all due to the 2022 data breach that affected the password storage software LastPass.

On October 27, in a Twitter post, the on-chain sleuths ZachXBT, along with MetaMask developer Taylor Monahan, reported that they’ve tracked the movement of funds from at least 80 compromised wallets that were targeted on October 25. They also mentioned that many of the victims were long-time LastPass users who had stored their cryptocurrency wallet keys or seeds on the platform.

This security breach has been affecting LastPass since last year and continues to impact its users. In September, it was discovered that at least $35 million in cryptocurrency had been stolen from approximately 150 victims affected by the platform’s security breach that occurred in 2022.

LastPass, in its usual function, is a popular password manager designed to secure users’ login credentials. The attack on it involved unauthorized access to user accounts, with a focus on obtaining seed phrases and wallet keys used for cryptocurrency storage, indicating that they were primarily interested in exfiltrating cryptocurrencies. Open / Comment

2023-10-27 15:00:50 Blockchain for a Better Planet

As the crypto industry pushes the limits of blockchain, the constant pursuit of innovation and sustainability takes center stage, with various consensus mechanisms vying for the spotlight, among them, Proof of Authority (PoA), employed by Vechain, emerges as a growing alternative, challenging Ethereum’s widely acclaimed Proof of Stake (PoS) model.

I had the privilege of delving into these intricacies with Sunny Lu, the visionary CEO of Vechain, to unravel the potential and efficiency of PoA, and to explore how Vechain is redefining the standards of sustainable blockchain technology.

Ethereum’s transition to PoS has been amongst the most anticipated shifts in the crypto industry over the past two years, lauded for its promise of sustainability and energy efficiency. Yet, when pitted against Vechain’s PoA, it’s evident that there’s more to the story.

“One of the reasons for this is a lack of overall knowledge about the nuances of blockchain technologies and their underpinning architectures, but I expect to see understanding grow in the coming years as both education and adoption speed up,” explained Sunny. Open / Comment

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