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Binance Coin (BNB) Chain Bridge Exploiter Liquidated
In October 2022, a hacker exploited the Binance Coin (BNB) Chain bridge, resulting in a $560 million breach by minting 2 million BNB tokens. Later, during a crypto market crash on August 17, a $30 million Binance Coin (BNB) position connected to this hack was liquidated on the Venus lending protocol.
The Binance Coin (BNB) core team manually liquidated the position on Venus lending protocol as Binance Coin dropped below $220. At the end of October 2022, Binance Coin (BNB) was trading at $314 but is now trading at $216, a decrease of 36.98%. Recent crypto market volatility has also affected the Binance Coin (BNB), dropping by 9.9% in the last seven days.
Bitcoin (BTC) saw a 10% drop within a week, while BNB’s price indicators hint at maintaining its current range. Negative funding rates and a decrease in the CVD indicate a bearish outlook for Binance Coin (BNB). Overall, crypto experts believe the current market situation is not favoring Binance Coin (BNB).
Clover (CLV) Integrates PolygonID
On June 22, Clover (CLV) Wallet was integrated with PolygonID via GateKeeper to enhance digital identity management. This integration empowers users to better manage their crypto assets and dApp interactions. It ensures authenticity and increases the adoption of PolygonID credentials within the Clover (CLV) wallet environment.
Currently, Clover (CLV) is priced at $0.032 and has seen an 18.75% decrease since June 22. The trading volume of CLV has also dropped by over 50% in the same period. The recent crypto market decline has also affected Clover (CLV), as its down by 14.86% in the past seven days. Naturally, Clover (CLV) investors are worried about its future due to the bearish environment.
Technical predictions indicate a dip in Clover Finance’s 200-day SMA, expected to touch $0.028 by the close of September. The RSI is positioned near 40, hinting at a neutral Clover (CLV) market. Given this, potential investors should exercise caution before purchasing Clover (CLV) in the short-term.
Investors’ Eyes on VC Spectra (SPCT) For A Higher Return
VC Spectra (SPCT) stands out with its decentralized hedge fund model, bringing exclusive perks for users. Operating on the BRC-20 standard, the VC Spectra–SPCT token enables benefits such as quarterly dividends and ICO access, setting a new standard in the crypto realm.
Amidst an array of cryptocurrencies, VC Spectra (SPCT) distinguished itself as a top contender. The token’s transformative features and tangible utility have attracted keen investors and positioned it for future profitability.
VC Spectra’s SPCT token demonstrated its strong potential by updating its price to $0.025 early, even in Stage 2 of its public presale. VC Spectra Stage 1 investors relished a gain of 212.5%, while those who bought early in Stage 2 enjoyed a 127.27% profit. These milestones underscore the project’s impressive growth and the continued trust of its investors.
As these insights emerge, it becomes clear that now is an opportune moment for investors to capitalize on VC Spectra’s prospective ascent in the crypto world. By purchasing SPCT tokens at the current price of $0.025, VC Spectra investors are poised for a potential 220% surge by the conclusion of the presale.
Learn more about the VC Spectra (SPCT) presale:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Disclaimer:
The views expressed on this page are those of the author and not of The Portugal News.
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