SlowMist identifies a liquidity exploit vulnerability on Four.Meme, affecting its token launch and liquidity pool security. The attacker exploited Four.Meme’s smart contract, adding liquidity at unintended prices and bypassing token
Navigating the turbulent waters of cryptocurrency and Forex markets requires staying ahead of global financial shifts. Right now, all eyes are on Asia FX as it experiences downward pressure against a resurgent US dollar. This movement comes as traders brace themselves for potentially impactful interest rate decisions from two of the world’s most influential central banks: the US Federal Reserve (Fed) and the Bank of Japan (BOJ). What does this mean for the broader financial landscape, and how should you interpret these market signals? Why is Asia FX Feeling the Heat? Several factors are contributing to the current weakness in Asia FX . The primary driver is the strengthening US dollar. When the dollar gains strength, it typically exerts downward pressure on other currencies, particularly those in emerging markets like many within Asia. This phenomenon is amplified by: Anticipation of Fed Rate Hike: The US Federal Reserve is widely expected to maintain a hawkish stance on monetary policy, which could involve further interest rate hikes to combat inflation. Higher US interest rates make dollar-denominated assets more attractive to investors, increasing demand for the dollar and thus its value. BOJ Policy Uncertainty: While the Bank of Japan has maintained an ultra-loose monetary policy for a long time, there are growing expectations that they might consider adjusting their stance. Any hint of a shift in BOJ policy can create volatility in currency markets, and currently, the uncertainty seems to be favoring dollar strength over Asia FX . Global Economic Concerns: Broader global economic uncertainties, including concerns about slowing growth in major economies and geopolitical tensions, often lead investors to seek the safety of the US dollar. This ‘flight to safety’ further boosts Dollar Strength at the expense of other currencies, including those in Asia. Decoding Dollar Strength: What’s Driving the Greenback? The recent surge in Dollar Strength isn’t happening in isolation. It’s a confluence of factors painting a bullish picture for the US currency: Safe Haven Appeal: In times of global economic uncertainty, the US dollar is often perceived as a safe haven asset. Investors flock to the dollar when they become risk-averse, increasing demand and driving up its value. Interest Rate Differentials: As the Fed is expected to continue raising interest rates while other central banks might be less aggressive or even pausing, the interest rate differential favors the dollar. Higher interest rates in the US attract foreign investment, boosting Dollar Strength . US Economic Data: Relatively robust US economic data, particularly in areas like employment, provides further support for the dollar. Strong economic indicators reinforce the expectation of continued Fed tightening and overall positive sentiment around the US economy. Impact of Fed Rate Hike Expectations on Currency Markets The anticipation of a Fed Rate Hike is a major catalyst for current market movements. Here’s how it impacts currency markets, and specifically Asia FX : Impact Area Effect on Asia FX Effect on US Dollar Capital Flows Outflows from Asia FX as investors seek higher returns in dollar assets. Inflows into US dollar assets, increasing demand. Exchange Rates Depreciation of Asia FX currencies against the dollar. Appreciation of the US dollar against Asia FX. Borrowing Costs Increased borrowing costs for Asian economies with dollar-denominated debt. Potentially reduced borrowing costs in dollar terms, relatively. Inflation Imported inflation for Asian economies as goods priced in dollars become more expensive. Potential dampening of inflation in the US over time due to tighter monetary policy. BOJ Policy in Focus: Will They Shift Away from Ultra-Loose Stance? The Bank of Japan’s (BOJ) upcoming policy decision adds another layer of complexity to the Forex landscape. For years, the BOJ has maintained an ultra-loose monetary policy, characterized by negative interest rates and massive asset purchases. However, rising inflation and global central bank tightening are putting pressure on the BOJ to consider a shift. Any indication that the BOJ might be contemplating a change in policy could have significant implications for Currency Markets and, in particular, pairings involving the Japanese Yen and Asia FX . Here are potential scenarios and their impact: Scenario 1: BOJ hints at policy normalization: If the BOJ signals a potential shift towards tightening, even subtly, the Japanese Yen could strengthen. This might offer some relief to Asia FX if the dollar’s rally pauses, but it could also create new dynamics in cross-currency pairs involving the Yen. Scenario 2: BOJ maintains ultra-loose policy: If the BOJ sticks to its current ultra-loose policy, it could further reinforce Dollar Strength . The contrast between a hawkish Fed and a dovish BOJ would likely widen interest rate differentials, making the dollar even more attractive. In this case, Asia FX could face further downward pressure. Scenario 3: BOJ surprise policy tweak: A surprise policy tweak from the BOJ, such as adjusting yield curve control or hinting at future rate hikes, could trigger significant volatility in Currency Markets . This could lead to a sharp strengthening of the Yen and potentially a broader reassessment of Dollar Strength . Actionable Insights for Navigating Currency Market Volatility In this environment of heightened uncertainty and potential volatility in Currency Markets , what actionable steps can traders and investors consider? Stay Informed: Closely monitor news and analysis related to the Fed and BOJ policy decisions. Pay attention to economic data releases and central bank communications, as these can provide clues about future policy direction. Diversify Currency Exposure: Avoid over-concentration in any single currency. Diversifying your currency holdings can help mitigate risks associated with fluctuations in specific currency pairs, including those within Asia FX . Manage Risk Prudently: Employ robust risk management strategies, such as setting stop-loss orders and using appropriate position sizing. Volatile Currency Markets can lead to rapid and unexpected price swings, making risk management crucial. Consider Hedging Strategies: For businesses and investors with significant exposure to Asia FX or dollar-denominated assets, consider using hedging strategies to protect against adverse currency movements. Currency forwards, options, and other derivatives can be used for hedging purposes. Seek Expert Advice: If you are unsure about how to navigate these complex market dynamics, consider seeking advice from financial professionals who specialize in Forex and currency markets. Conclusion: Navigating the Forex Crossroads The current landscape of Asia FX and the broader Forex market is shaped by the looming decisions of the Fed and BOJ. Dollar Strength is prevailing for now, fueled by expectations of continued Fed tightening and uncertainty surrounding BOJ policy. Staying informed, adapting to evolving market conditions, and employing prudent risk management are key to navigating this period of potential volatility. The coming days and weeks promise to be critical for understanding the near-term direction of Currency Markets and the fate of Asia FX in the face of global monetary policy shifts. To learn more about the latest Forex market trends, explore our article on key developments shaping US Dollar and interest rates liquidity.
Bitcoin’s price action is under intense scrutiny as analysts present diverging viewpoints on its future trajectory amidst market volatility. While some experts forecast a bearish trend, others highlight opportunities that
The post ADA Founder Says SEC Would Have ‘Danced on Bankrupt Graves’ of Crypto Projects if They Won appeared first on Coinpedia Fintech News In a powerful statement, Charles Hoskinson, co-founder of the Cardano blockchain, declared that the “war on digital assets” in the U.S. has officially ended. Hoskinson’s remarks come after years of intense regulatory scrutiny on the crypto industry, with government agencies like the SEC launching numerous lawsuits and investigations against major cryptocurrency firms. Hoskinson criticized the SEC’s aggressive stance, stating that the regulator had branded the entire industry as criminal, suing companies from the largest firms to the smallest projects, costing the sector hundreds of millions of dollars in legal fees and wiping out billions in market cap. He also pointed out the hypocrisy of federal employees who, according to him, take no accountability for the damage caused by their actions and yet play the victim when faced with the consequences. So the SEC goes after our industry, makes us all criminals, brutally sues everyone from the largest firms to the smallest projects, costs the industry hundreds of millions of dollars in legal fees, erases hundreds of billions in market caps, then cries fowl when the industry… — Charles Hoskinson (@IOHK_Charles) March 17, 2025 “The SEC goes after our industry, makes us all criminals, and then cries foul when the industry strikes back,” Hoskinson said. He went on to call out what he described as “unelected, career federal employees” who have inflicted significant harm on the crypto sector, saying that those in charge of such actions lacked moral character. Hoskinson’s remarks were particularly pointed toward SEC Chairman Gary Gensler, whose leadership has been central to the Commission’s enforcement actions. Hoskinson’s comments come after reports suggesting that some SEC staff members are facing backlash, with law firms refusing to interview them due to their work with crypto. William McLucas, a former SEC official, criticized these attacks, saying it’s unfair to target staff members who are just doing their jobs. “We will never forget or forgive as an industry because we know what would have happened if the other side won. They would have danced on the bankrupt graves of all of our projects and used it to gain promotions and higher office,” he said.
The post Tether Boosts Stake in Bitdeer to 21.4%, Now Holds 32M Shares appeared first on Coinpedia Fintech News As per recent a filing with the U.S. SEC, stablecoin giant Tether has increased its stake in Bitcoin mining firm Bitdeer (BTDR). The filing shows that Tether and its subsidiaries, currently hold a total of 31,891,689 Class A common shares in Bitdeer, representing 21.4% of the company’s outstanding shares. Bitdeer Reveals SEALMINER A3 Chip Tether, known for its stablecoin USDT, has expanded into Bitcoin mining, energy, and AI investments in recent years. Bitdeer, founded by Jihan Wu, is aiming to vertically integrate its Bitcoin mining operations, covering everything from silicon to energy. The company recently announced the SEALMINER A3 chip. However, Bitdeer’s stock (BTDR) has dropped over 50% this year, trading at $10.35 as of writing. Bitdeer’s latest product, the SEALMINER A3, achieved a power efficiency of 9.7 J/TH in trials, potentially surpassing the S21XP Hydro in efficiency. However, the upcoming SEALMINER A4, which will use Bitdeer’s new chip architecture, is expected to reach an even more impressive 5 J/TH, making it the most efficient ASIC miner on the market. In May, Bitdeer received a $100 million investment from Tether to help expand its data centers and develop its own mining hardware. In June, the company acquired semiconductor design firm Desiwe for $140 million in an all-stock deal. Bitdeer Launches SEAMLINER A2 Pro Series Besides, it recently announced the launch of its latest self-developed Bitcoin mining machines, the SEALMINER A2 Pro series. The SEALMINER A2 Pro series, an updated version of the A2, includes two models: the air-cooled SEALMINER A2 Pro Air and the hydro-cooled SEALMINER A2 Pro Hyd. Both models offer impressive power efficiency at 14.9 J/TH, featuring better efficiency, advanced technology, and improved stability. Bitdeer is dedicated to improving transparency and efficiency in the mining industry by investing in research, development, and technological innovations. The company aims to provide miners with reliable, efficient solutions and will continue to focus on “Innovation, Efficiency, and Stability” to deliver high-quality products and services to global miners.
CryptoQuant’s head chief says Bitcoin’s bull market could already be over — changing his stance from earlier in the month when he said the Bitcoin bull cycle will be slow but “is still intact.” “Bitcoin bull cycle is over, expecting 6-12 months of bearish or sideways price action,” CryptoQuant founder and CEO Ki Young Ju said in a March 17 X post. All signals are currently bearish, says Ju Ju said that all Bitcoin ( BTC ) onchain metrics indicate a bear market. “With fresh liquidity drying up, new whales are selling Bitcoin at lower prices,” Ju said. It comes only days after Cointelegraph reported that Bitcoin funding rates, which reflect the cost of holding long or short positions in crypto futures , are hovering close to 0%, indicating increasing indecisiveness among traders. Ju’s claim is in stark contrast to his March 4 post, where he said the Bitcoin bull cycle will remain slow but “is still intact,” pointing to neutral readings on key indicators. “Fundamentals remain strong, with more mining rigs coming online,” Ju said in a March 4 X post. Other analysts aren’t as bearish. Swyftx lead analyst Pav Hundal told Cointelegraph that “there is no reason to panic.” Hundal explained that while investors are “spooked” by US President Donald Trump’s tariffs, “all the numbers show a global economy that is pointing in the right direction.” “Money will move to on-risk assets when the market is ready to take on risk.” At the time of publication, Bitcoin is trading at $83,030, down 14.79% over the past month, according to CoinMarketCap data. Bitcoin is down 14.89% over the past month. Source: CoinMarketCap Some analysts think that given that the global M2 money supply has just reached new highs, Bitcoin could be set for an uptrend. “I’m saying Global Money Supply just made another new ATH. We are about to see Bitcoin rally again,” crypto analyst Seth said in a recent X post. Likewise, CoinRoutes CEO Dave Weisberger said that if the historical trend persists, Bitcoin could reach all-time highs by late April. “Expect Bitcoin to hit a new ATH within a month if its BETA correlation to money supply holds,” Weisberger said in a March 17 X post. Related: Bitcoin price fails to go parabolic as the US Dollar Index (DXY) falls — Why? However, based on historical data, Bitcoin’s current price is 67% lower than the lower bound should be, according to former Phunware CEO Alan Knitowski. “At this stage of the cycle, the lower bound of the historical range should be around $250,000,” Knitowski said in a March 17 X post. Source: Alan Knitowski Swan Bitcoin CEO Cory Klippsten recently told Cointelegraph that “there’s more than a 50% chance we will see all-time highs before the end of June this year.” Bitcoin’s current all-time high of $109,000 was reached on Jan. 20, just hours before Trump was inaugurated as US President. Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
The post Cardano (ADA) Price Prediction for March 18 appeared first on Coinpedia Fintech News ADA, the native token of the Cardano blockchain, appears to be continuing its ongoing consolidation. Over the past week, ADA has been trading within a tight range between $0.69 and $0.75. However, the prevailing market uncertainty has left investors and traders uncertain about building positions, as they await clearer market direction in the coming days. Cardano (ADA) Technical Analysis and Upcoming Level According to expert technical analysis, ADA is currently at the lower boundary of its consolidation zone and is poised for upside momentum, provided it holds above the $0.69 level in the coming days. Based on recent price action and historical patterns, if ADA remains above this lower boundary, there is a strong possibility it could soar by 9% to reach the $0.75 level. However, if the asset falls below the $0.68 level, it could decline further to $0.65. Source: Trading View On a lower time frame, the asset is in a downtrend, as indicated by the 200 Exponential Moving Average (EMA) on the four-hour chart. Current Price Momentum and Over-Leveraged Levels ADA is currently trading near $0.70 and has experienced a 1.5% price drop in the past 24 hours. However, during the same period, its trading volume declined by 12%, indicating traders’ and investors’ fears, as they have reduced their participation compared to the previous day. Looking at the current market sentiment, it appears that bears are dominating the asset, as reported by the on-chain analytics firm Coinglass . Source: Coinglass Data reveals that traders are currently over-leveraged at $0.69 on the lower level, where they have built $9.70 million worth of long positions. Another over-leveraged level is $0.734, where traders betting on the short side are holding $11.40 million worth of short positions.
CryptoQuant's CEO warns that Bitcoin's bullish phase has ended. On-chain metrics indicate potential downward trends for Bitcoin prices. Continue Reading: Bitcoin Faces Decline as Key Indicators Signal Market Pressure The post Bitcoin Faces Decline as Key Indicators Signal Market Pressure appeared first on COINTURK NEWS .
Last week’s Based Rollup Summit held at EthSan Francisco provided significant insights into the evolving landscape of blockchain technology. Hosted by Taiko, the summit attracted leading figures such as Vitalik
Real-world asset tokenization (RWA) is quickly gaining traction owing to the inefficiencies, limitations, and barriers of traditional finance. According to Maxime Pizzolitto, WhiteRock’s CEO, WhiteRock is combining the best of traditional finance (regulations, safety, and trust) and the crypto world (efficiency, high yields, and innovation). “Imagine a world where a pension fund holding billions in government bonds can deploy those assets in a lending pool generating yields of 20% or higher, yields that were only accessible to crypto narratives.” _ Maxime Pizzolitto. In this article, we will explore WhiteRock’s key offerings and upcoming developments and ultimately determine whether it is a legitimate product or a scam. What is WhiteRock? WhiteRock is a real-world asset (RWA) protocol designed to tokenize economic rights to traditional financial assets like stocks, bonds, property, options, and derivatives. The platform has quickly gained adoption and now boasts over $150 million of assets locked in their smart contracts and over $100 million in trading volume processed. WhiteRock’s key offerings USDX stablecoin for passive income with no lockups WhiteRock cuts the bureaucracy of investing in US treasury bills through its USDX stablecoin , which combines the stability of the US dollar and the returns of US Treasury bills. The value of each USDX token is pegged to the value of the US dollar. To achieve yield, WhiteRock invests the funds backing USDX in US Treasury bills, which then generate steady interest, creating a reliable source of passive income. The interest is distributed to all USDX holders using a rebase system where the number of tokens in your wallet increases automatically with no extra steps or lock-up periods. Tokenized stocks WhiteRock makes investing in stocks easy for anyone to invest and own fractions of stocks regardless of their geographical background or capital through tokenized stocks. Tokenized stocks are digital copies of company stocks coded into the blockchain. By leveraging the blockchain, the stocks remain tamper-proof and transparent while mirroring both the value and price movements of company stocks. Registration and my initial impressions The WhiteRock application is a simple yet feature-rich platform with a black-and-white theme and a signup process that cuts out crypto jargon. The application is user-friendly, and I was able to create an account in minutes. Email and phone are supported sign-up methods. Other options include social media sign-up methods like Telegram, X (formerly Twitter), Discord, and LinkedIn. WhiteRock application sign-in methods On signing in, I was assigned an Ethereum crypto address for making USDT deposits. Once deposited, they were automatically converted to USDX at a 1:1 ratio. ‘Assigned USDT deposit address’ The deposits are credited once the transactions are confirmed on the blockchain. While the sign-up process is a breeze, you must pay a one-off ‘Meta-transaction’ fee, 3.87 USDX at press time. While it may sound inconvenient, the fee allows you to settle transaction fees on the platform in USDX. WhiteRock application interface $WHITE token $WHITE is the native currency that will be used throughout the WhiteRock ecosystem. Notably, $WHITE has maintained an impressive price run since its inception, outperforming most major cryptocurrencies this year, including $BTC and $ETH. $WHITE token performance The bull run contributed to WHITE’s market cap, which is now at $404 million and rising. In addition to the WhiteRock platform, you can purchase WHITE tokens on MEXC and BingX cryptocurrency exchanges. Future outlook for WhiteRock The blockchain space is evolving constantly, with emerging trends every season amidst growing adoption and acceptance across many jurisdictions. This year, we saw the approval of cryptocurrency ETFs and a pro-crypto administration win the US elections. This means that it is paramount that every crypto project adapts to the changing trends and developments. WhiteRock is set to roll out new developments and features in 2025 in its bid to unlock a tokenized future in this fast-evolving space. Decentralized exchange WhiteRock is in the process of launching a fast and cost-effective decentralized crypto exchange that will use an order book system. An order book system comprises a list of buy and sell orders that execute at the best prices or market orders, similar to centralized exchanges. WhiteRock DEX WhiteRock will use the DEX to provide users with a seamless and secure trading experience that satisfies global financial regulations. XRP Ledger integration – for more institutional adoption WhiteRock is working on completing their XRP ledger integration following a successful testnet that reportedly outperformed “expectations in both adoption and volume.” XRP Ledger is a fast and cost-effective blockchain system that is increasingly being integrated into various institutional frameworks, particularly in finance. Use cases have included the creation of Central Bank Digital Currencies and a settlement layer for remittances and international payments. The integration has received considerable traction from the investing public. WhiteRock reported a combined $1.8M in AUM from submitted applications in the mainnet whitelist. Funds representing a combined $1.8B AUM have submitted applications to our whitelist. Demand for our XRPL integration has surpassed all projections. Sign up now! https://t.co/V7sTF0VVzr pic.twitter.com/zxIrAxpmvd — WhiteRock (@WhiteRock_Fi) March 12, 2025 Is WhiteRock a scam? WhiteRock is a fast-growing RWA ecosystem attracting interest from both institutional and individual investors. In an AMA on X , Pizzolitto, WhiteRock’s CEO, came out and explained WhiteRock’s vision and cleared all rumors of WhiteRock being a scam. The company’s contract is also audited and approved by PeckShield, a top-tier blockchain security firm. In conclusion, WhiteRock is leveraging the best of traditional finance and the crypto world to simplify access to diverse investments, promote transparency, and enhance liquidity on a global scale. As the lines between traditional finance and the blockchain continue to Blur, WhiteRock’s offerings and impact on the financial ecosystem is both significant and inspiring. WhiteRock official links: Website: https://WhiteRock.Fi/ X: https://x.com/WhiteRock_fi Telegram: @WhiteRock_Finance Subreddit: https://www.reddit.com/r/WhiteRock_Fi/ Discord: https://discord.com/invite/w6pmny7uFX Medium: https://medium.com/@WhiteRock_Fi