Neo’s blockchain was not compromised in the Poly network attack, and all Neo assets remain secure. Litecoin’s community is preparing for the upcoming “halving” event scheduled for August 5th, and Tradecurve is experiencing an impressive presale, already up by 80%.
NEO unaffected by Poly attack
July 2nd was a dark day for the Poly Network as it experienced an attack across 11 supported chains and had to suspend its services until further notice. About 5,190 ETH were stolen by the attacker, amounting to roughly 10 million USD.
Several Neo blockchain projects, including GhostMarket, have temporarily halted their services, and the Poly team suspended its services and called on the support of cybersecurity professionals and law enforcement to resolve the issue. This caused several projects on the Neo blockchain to temporarily pause their services while the incident was investigated and resolved.
The Neo blockchain, designed to build dApps and smart contracts that can be used for payments or store of value, officially announced the temporary suspension of all bridged services and assured users that all assets on Neo were secure.
Main projects on the Neo blockchain, like Flamingo Finance and O3 Labs, confirmed that the hack did not affect the Neo network, only causing a temporary halt of cross-chain functionality. So far, Poly Network has not provided further information on the details of the incident, and the community and the markets are waiting for further developments in the investigation.
Litecoin’s price is up ahead of the upcoming halving
Litecoin’s price rose over 30% as the community anticipates the upcoming halving on August 5th, limiting the rate of Litecoin’s issuance and serving the fundamental law of supply and demand as the main driver for expected gains.
Litecoin is up over 50% in 2023 alone and recently reached a new high of $114 but faces strong resistance at $115. At the time of writing, Litecoin trades at $103.82 with a market cap of $7.5 billion and is currently ranked at place 9 by market cap.
Litecoin is one of the most popular projects in the crypto market, and investors will have a close look over the next few months and years as Litecoin is a promising long-term investment.
The ongoing development and the fast transaction speeds set Litecoin in a perfect spot for crypto mass adoption and have the potential to make Litecoin a significant player in the future of cryptocurrency.
Tradecurve presale already up by 80%
Tradecurve’s presale has already raised over $2.8 million, and the platform shows substantial potential and demand for the revolutionary hybrid trading platform.
Tradecurve addresses the limitations of traditional centralized exchanges by eliminating the need for KYC and allowing traders to maintain complete control over their assets while providing access to all financial markets from one account.
Tradecurve implements its Proof of Reserves, protecting customers from potential losses and ensuring the platform’s integrity with Tradecurve’s smart contract fully audited. Tradecurve’s metaverse trading academy, the VIP account service, and the ability to subscribe to automated & AI trading bots are just some of the features Tradecurve’s hybrid exchange comes with.
TCRV is the native token that powers the ecosystem and is available for $0.018 in Stage 4, up by 80% already. Experts predict a 100X increase after TCRV’s listing on Uniswap.
For more information about $TCRV presale tokens:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
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- Source: https://zycrypto.com/tradecurve-neo-litecoin-which-has-a-long-term-future/
