Crypto Crafters

Solana (SOL)

[PRESS RELEASE – Zug, Switzerland, October 24th, 2024]

• Leveraging Impossible Cloud’s web2 expertise with 1,000+ enterprise clients, Impossible Cloud Network (ICN) positions itself as the leading DePIN project globally, with its testnet facilitating the onboarding of network validators ahead of the node sale
• ICN is aiming to address large-scale demand with its open multi-service cloud platform

Today, Impossible Cloud Network (ICN), the first web3-based cloud platform with mass adoption from business customers, announced the launch of its incentivized testnet. Blockchain developers, enthusiasts, and community members are invited to participate and contribute to the future of decentralized cloud networks. The testnet, serving as the entry point for next year’s mainnet release, provides a hands-on environment for users to explore new features, contribute to platform development, and receive recognition for their participation.

The decentralized cloud platform represents a tremendous opportunity. With Impossible Cloud GmbH as the first service provider, which serves over 1,000 enterprise clients, ICN is well-positioned to leverage its web2 expertise to deliver scalable, multi-service solutions that enhance decentralization, offer more flexibility than traditional systems, and provide a seamless fiat on-ramp into web3. By integrating web3 capabilities, ICN eliminates vendor lock-in and promotes a community-driven approach to managing cloud infrastructure.

“Our testnet is designed to onboard a strong community that will help us build the next cloud leader, with a focus on driving enterprise adoption of web3,” said Kai Wawrzinek, co-founder of ICN. “By working with real clients on real projects and generating real revenue, we’re laying the foundation for something bigger – not tomorrow, but today. The mainnet is our ultimate goal, and the testnet is a step toward realizing our vision of becoming a decentralized alternative to AWS.”

ICN’s testnet is designed to achieve two primary objectives: first, to test and refine the platform for stability and functionality such as continuous SLA validation; and second, to deepen community engagement, ensuring that the platform is optimized to meet real-world needs. The testnet simulates real-world conditions and serves as a catalyst to onboard more validators, ensuring a seamless transition to mainnet. It provides participants with a risk-free environment to contribute to performance and scalability improvements while receiving recognition.

ICN will use a FairDrop mechanism, distributing points based on genuine contributions like bug reports, feature testing, and community engagement. The top 20,000 contributors will be eligible for rewards from a pool of 10.5 million ICNT tokens, representing 1.5% of the initial total supply. As the testnet progresses, new challenges and tasks will be introduced, offering ongoing opportunities to participate, receive recognition, and influence ICN’s development.

Backed by investors like 1kx, HV Capital, and Protocol Labs, Impossible Cloud has raised a total of $18 million to date, with its most recent round closing in March last year. The company’s roadmap includes node sale to further decentralize the network followed by ICN’s introduction of the native token to enable decentralized governance.

For more details, visit ICN’s website:

About Impossible Cloud Network

Impossible Cloud Network (ICN) is the first web3-based cloud platform with mass adoption from business customers. Leveraging web3 technologies, ICN delivers up to 10% faster performance than other decentralized solutions, offering an enterprise-grade alternative to traditional cloud providers. Founded by a team that previously scaled Goodgame Studios into a billion-dollar enterprise, ICN provides services such as cloud storage and GPU computing by connecting hardware providers, service users, and monitoring nodes. By leveraging service-level agreement (SLA) oracles, ICN ensures high performance and reliability. Impossible Cloud has raised $18 million from 1kx, Protocol Labs, HV Capital, TS Ventures, and Very Early Ventures.

[PRESS RELEASE – Vilnius, Lithuanian, October 24th, 2024]

BingX, a global leading cryptocurrency exchange, has fully restored its operational capacity following a recent hot wallet incident, with all deposits and withdrawals back to normal. In response to the event, BingX is unveiling its new “ShieldX” initiative, a comprehensive plan aimed at enhancing the platform’s security infrastructure.

“ShieldX” introduces an upgraded wallet firewall designed to provide advanced protection against external threats, further safeguarding user assets. BingX has also partnered with leading third-party security firms to implement extra round-the-clock monitoring and threat detection, ensuring any vulnerabilities are identified and addressed swiftly and proactively.

In addition to enhanced firewalls and partnerships, BingX will undergo regular, rigorous security audits conducted by independent security agencies. The exchange is also rolling out a new hacker bounty program, offering rewards to security researchers who help identify potential vulnerabilities, reinforcing its dedication to continuous improvement.

Utilizing its new cybersecurity initiative, BingX is reaffirming its position as a leader in the cryptocurrency space by putting user safety at the forefront. This initiative not only enhances security but also emphasizes the exchange’s long-term commitment to transparency, resilience, and innovation in the face of evolving cybersecurity challenges.

Vivien Lin, Chief Product Officer at BingX, emphasized the importance of the platform’s swift recovery and ongoing commitment to user security. “We are pleased to confirm our platform has not only returned to standard operations but the platform has also been thoroughly enhanced to a higher performance level than before the incident. BingX’s quick response highlights our dedication to safeguarding user assets, with trust, efficiency, and transparency at the heart of our approach. The launch of ‘ShieldX’ marks a crucial step in proactively strengthening our platform’s defenses,” Lin said. “Our priority remains ensuring a secure environment for all users through continuous improvements and strategic partnerships. Furthermore, we are committed to collaborating with industry leaders to drive higher security standards across the crypto ecosystem.”

About BingX

Founded in 2018, BingX is a leading cryptocurrency exchange serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became Chelsea FC’s principal partner, marking an exciting debut in the world of sports.

For media inquiries, users can contact: [email protected]

For more information, users can visit:

Uniswap Labs, the company behind the leading decentralized exchange Uniswap, has announced the integration of a cross-chain swap bridge created by Across, a full stack for everything cross-chain.

According to a press release shared with CryptoPotato, the upcoming integration will enable users of the Uniswap Wallet and Uniswap Web App to swap ether (ETH), Wrapped Bitcoin (WBTC), and stablecoins like Tether (USDT), USD Coin (USDC), and Dai (DAI) across nine Ethereum Virtual Machine (EVM)-compatible chains, including Optimism, Arbitrum, Polygon, and Base.

Uniswap to Integrate Across’ Cross-Chain Bridge

Uniswap’s new feature will be powered by Across’ intent-based bridging solution, which allows users to specify their desired action in a single transaction request. It removes the complexities of cross-chain transactions by allowing Across to automatically bridge the assets and interact with smart contracts “under the hood.” This approach to cross-chain bridging removes the risk from the end user and makes such transactions friendly.

Hayden Adams, CEO of Uniswap Labs, said:

“While we’ve benefited from Ethereum’s scaling improvements, the progress has also led to some fragmentation. This collaboration builds on our shared vision of setting new standards and creating an ideal user experience for cross-chain swaps.”

Across’ intent-based bridging technology is also powered by the ERC-7683 token standard introduced earlier this year by the crypto entity and Uniswap Labs to enhance cross-chain interoperability. The token standard unifies cross-chain intents and allows a universal filler network to process transactions. It enables developers to tap into the entire EVM ecosystem while focusing on one chain, eradicating the need for multiple layer-2 deployments.

While ERC-7683 is still in its early stages, the token standard has gained recognition from the Ethereum founder Vitalik Buterin.

Laying the Groundwork for Asset-to-Asset Swaps

Uniswap said it is integrating Across’s bridging solution to lay the groundwork for swapping between any crypto assets.

Across’ co-founder and CEO Hart Lambur insisted that intents-powered solutions are the only products that give users a two-second experience between layer-2 networks. They have an average three-second time for transactions less than $10,000, representing roughly 99% of all layer-2 bridging activity.

“It can finally make the experience of using hundreds of L2s feel like one unified ecosystem. I envision a future where seamless, 1-click cross-chain transactions become the standard,” Lambur added.

Meanwhile, Uniswap recently unveiled its layer-2 network Unichain, built on the OP Stack as part of the Superchain. Across will become the chain’s bridge when the mainnet goes live.

[PRESS RELEASE – Dubai, United Arab Emirates, October 23rd, 2024]

Avenix Fzco, a fintech company based in Dubai, UAE, has recently unveiled Forexigo, an automated trading system designed for the forex market. This forex robot specifically targets trading in Gold (XAUUSD) and the British Pound/US Dollar (GBPUSD) currency pair.

Technical Features

Forexigo operates on the MetaTrader 4 (MT4) platform, utilizing a 30-minute (M30) timeframe for both Gold and GBPUSD markets. The system employs a set of algorithms to analyze market conditions and execute trades based on specific criteria.

The forex robot’s market analysis capabilities include trend identification through price action and moving averages. It also incorporates oscillator checks to assess market conditions before entering trades. Forexigo recognizes bullish and bearish engulfing candlestick patterns as part of its trade entry strategy.

To reduce the occurrence of false signals, the system filters out certain candle formations. This approach aims to focus on specific market setups that align with its trading parameters.

Trade Execution and Risk Management

Forexigo’s trade execution process involves a series of checks before opening a position. The system initiates buy trades upon identifying bullish engulfing patterns, while bearish engulfing patterns trigger sell trades.

Risk management features are integrated into Forexigo’s design. Each trade is automatically assigned a stop loss to limit potential losses. The take profit levels differ between assets, with Gold trades using a higher ratio than GBPUSD trades.

The forex robot also imposes limits on open positions. It allows a specified number of open positions for Gold trading and a different number for GBPUSD trading. Additionally, Forexigo implements global stop levels as an extra measure to protect trading capital from unexpected market fluctuations.

Optimization and Development

Avenix Fzco reports that Forexigo has undergone optimization using historical tick data dating back to 2016. The company collaborated with Thinkberry SRL, which provided the Tick Data Suite used in the optimization process.

The forex robot’s programming enables users to switch between trading Gold and GBPUSD. This feature allows for adaptation to different market conditions or alignment with individual trading preferences.

User Support and Documentation

According to Avenix Fzco, Forexigo comes with documentation to assist users in understanding and implementing the forex robot. The company states that customer support is available to address inquiries and concerns related to the software.

Market Context

Forexigo enters a market where various algorithmic trading solutions exist. Its focus on Gold and GBPUSD trading represents a specific approach within the broader automated forex trading software landscape.

About Avenix Fzco

Avenix Fzco is a fintech firm based in Dubai, UAE, specializing in the development of forex trading software. The company focuses on creating automated trading solutions compatible with the MetaTrader 4 platform. Avenix Fzco’s approach involves integrating market analysis capabilities and risk management features into their forex robots. The firm aims to provide tools that can adapt to changing market conditions and incorporate recent developments in trading technology. Forex enthusiasts interested in exploring automated trading solutions may visit the Avenix Fzco website to learn more about Forexigo and test the software for themselves.

[PRESS RELEASE – Dubai, UAE, October 22nd, 2024]

The TON ecosystem, initially celebrated for its decentralized architecture and seamless integration with Telegram, is now facing significant challenges from an uptick in fraudulent activities. According to a newly published report by Match Systems, scams targeting TON users have escalated in frequency and sophistication, raising concerns across the broader blockchain community.

Match Systems’ comprehensive research highlights how cybercriminals are exploiting vulnerabilities within the TON network’s open structure. With heightened security measures on Ethereum, many scammers have shifted focus to TON, leveraging its weaker security protocols. Fraudulent schemes such as fake airdrops, phishing campaigns, and wallet drainers have surged, leading to substantial financial losses. In the first half of 2024 alone, reported fraud incidents within the TON ecosystem rose by 45%, with over $10 million stolen through fraudulent airdrop schemes.

Key factors contributing to these scams include security gaps in mini-apps and the exploitation of decentralized exchanges and mixers to launder stolen assets. The decentralized nature of the ecosystem has made it difficult to track and recover stolen funds, intensifying concerns about user safety. Despite the rapid growth of the TON ecosystem, its security infrastructure has struggled to keep pace, leaving users increasingly vulnerable to attacks.

Match Systems’ report provides a detailed analysis of the risks associated with TON and offers a practical checklist to help users avoid falling victim to scams. The report is available for download on the company’s website.

About Match Systems

Match Systems is a leading provider of anti-money laundering (AML) services, blockchain investigations, and compliance solutions for cryptocurrency projects worldwide. The company leverages cutting-edge technology and deep expertise in financial crime prevention to assist organizations in navigating regulatory challenges and minimizing the risks associated with digital assets.

TL;DR

• One viral meme coin surged substantially after Binance launched perpetual contracts for it.
• The exchange has been expanding meme coin services, recently listing Baby Doge Coin, Turbo, and Neiro.

A Double-Digit Spike

Meme coins are known for their enhanced volatility, recording substantial swings in both directions following important developments. The latest example solidifying that thesis is the price explosion of Simon’s Cat (CAT).

The meme coin, inspired by the eponymous animated series and launched on the Binance Smart Chain, witnessed a 65% rally on the daily, while its market capitalization neared $250 million.

The surge was fueled by Binance’s decision to launch 1000CATUSDT perpetual contracts on its futures program. The offering went live on October 21 and allows up to 75x leverage. It supports the multi-assets mode, enabling users to trade the contract across numerous margin assets.

“For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the aforementioned perpetual contract,” the company explained.

Perpetual contracts allow traders to speculate on the price movements of a token without actually owning it. They don’t have an expiration date and could be held indefinitely. While such contracts offer opportunities for significant rewards, the high leverage and constant exposure to liquidation make them inherently risky, especially for inexperienced traders.

Binance and Meme Coins

The world’s biggest crypto exchange has been quite open to the meme coin sector lately, adding various services involving such assets.

Most recently, it expanded the list of options offered on Binance Spot by including trading bot services for PEPE/FDUSD. The firm initially embraced the frog-themed coin in May last year.

Last month, Binance listed three additional meme coins on its platform: Baby Doge Coin (BABYDOGE), Turbo (TURBO), and Neiro (NEIRO). Their prices skyrocketed shortly after the disclosure. NEIRO’s spike was the most substantial, with its valuation exploding by 500% on a 24-hour scale.

It is worth mentioning that Binance added the meme coins with seed tags. Tokens in that section represent “innovative projects that may exhibit higher volatility and risks” than other listed assets. The exchange cautioned users to conduct proper due diligence before entering the ecosystem.

Riding the recent wave of AI interest among crypto investors, the Worldcoin price has shot up 8% this week.

Meanwhile, the new meme coin Flockerz and its ‘Flocktopia’ DAO shows significant strength in its ICO as an analyst backs it explode.

Traders Look Toward Further Gains As WLD Breaks Key Structural Level

The AI meta is back – and traders are not overlooking Worldcoin.

Despite a rocky past, the project is seeing considerable inflows, with an 8% pump this week and 48% this month. Its market cap sits at $1.3 billion, while its 24-hour trading volume is $249 million.

Analyst Miles Duetscher highlighted that, based on Kaito AI data, AI is dominating over 50% of crypto’s total “mindshare. “

Mindshare refers to public awareness, illustrating that a lot of attention is currently on the AI sector.

FIFTY PERCENT MINDSHARE for AI.

I’ve never seen anything like this before. pic.twitter.com/iBTyygop4H

— Miles Deutscher (@milesdeutscher) October 20, 2024

This was also highlighted by prominent trader Bluntz, saying that “everyone’s going crazy over AI coins again.”

As such, Bluntz points to a recent breakout on the WLD chart, with its price making higher highs, potentially indicating a reversal after a multi-month downtrend.

since everyone’s going crazy over AI coins again, im just gonna leave this here, i think it speaks for itself.$WLD pic.twitter.com/cl6oephQRs

— Bluntz (@Bluntz_Capital) October 19, 2024

Analyst Solberg Invest suggests that Worldcoin has broken from a falling wedge chart pattern. This is typically a bullish sign, indicating a momentum shift after a period of decreasing price and volatility.

The trader targets $21, marking an 800% gain from its current price.

He also notes that there is confluence between technical analysis and market sentiment, which strengthens his bullish thesis.

$WLD to $20+?

$WLD‘s giant falling wedge hints at an 800% rally to $21 if it breaks out!

-Technical and market sentiment suggest potential.

Stay tuned for more! #Crypto #WLD #Bullish pic.twitter.com/JylAcCKor9

— Solberg Invest (@SolbergInvest) October 20, 2024

It’s also worth noting that Worldcoin has just launched a layer 2 blockchain. This opens the project to more use cases and provides extra ammunition for its ongoing bullish ascent.

$WLD Nobody is ready for the V reversal thats about to happen @worldcoin pic.twitter.com/8j742bEXaL

— BTCmask (@BTCmask_AI) October 19, 2024

Projects that consistently add innovative features can more easily retain user attention, helping them grow faster.

This is also why the new meme coin Flockerz is turning heads. It is building the first Vote-to-Earn decentralized autonomous exchange (DAO) and is showing significant strength amid its presale.

Flockerz Tipped to Pump By Analyst As Its Presale Surpasses $900K Raise

Flockerz is not your average meme coin.

Imagine being able to shape the future of a cryptocurrency by being a holder. Better yet, imagine getting paid for it.

This is what Flockerz is creating. It’ll be the world’s first Vote-to-Earn DAO.

Users will vote on all decisions relating to the project—big and small—and they’ll earn tokens for doing so.

Self-appointed, centralized teams lead most meme coin projects. This can create conflict of interests between projects and the communities and can lead to major problems. For example, rogue Pepe team members stole $15 million from the project’s treasury last year.

Flockerz solves this by implementing decentralization and aligning user incentives with the project’s success, a recipe analysts think has huge potential.

For instance, ClayBro says it can 100x, dubbing it a “truly decentralized gem.”

The analyst also noted that Flockerz holders can stake their tokens. Moreover, staking rewards are currently huge.

They’re valued at 1,800% APY, but they’ll will decrease as the staking pool grows.

Meanwhile, the presale price will gradually increase. The current price is $0.0058161, but it will increase in one day.

Another analyst Cilinix Crypto, who foresaw the Worldcoin price rise this week, also positively reviewed Flockerz as a ‘new promising memecoin’.

Visit Flockerz Presale

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Monday started on a positive note for bitcoin as it jumped to a new multi-month peak of $69,500 but failed to continue upward toward the coveted $70,000 level.

Some altcoins have charted gains over the past day, which has helped the total crypto market cap near $2.5 trillion for the first time since July.

BTC Still Can’t Touch $70K

The past week or so went quite positively for the primary cryptocurrency. It began with a price surge from $62,400 to $66,400 last Monday before the bulls and the bears collided on Tuesday in a move that resulted in massive $3,000 fluctuations.

However, the bulls turned out to be the winners of this battle and continued to push the asset north. The weekly culmination came on Friday when BTC touched $69,000 for the first time since late July.

The weekend was expectedly calmer, with bitcoin trading sideways around $68,500. However, it went on the offensive during the early Asian trading hours on Monday when it pumped to $69,500 to chart a new three-month peak.

Still, it failed to overcome that level and continue toward $70,000 and the subsequent rejection pushed it south by around a grand. Nevertheless, its market cap remains above $1.350 trillion, while its dominance over the alts has taken a major hit and is down to 54.5% from 55.1%.

SOL Up 5.5%

The biggest gainer yesterday in the crypto industry was ApeCoin’s APE. The asset exploded by triple digits daily and soared to a six-month high of $1.7 before retracing to its current level of around $1.5. This came after a major development announced by the team.

Most alts are with minor gains today, with ETH soaring past $2,700 after a 3% increase. BCH, LINK, UNI, and ADA have marked similar price jumps, while SOL has emerged as today’s top performer from the larger-cap alts.

These gains have helped the total crypto market cap add around $35 billion overnight. The metric is now close to $2.5 trillion for the first time in about three months.

[PRESS RELEASE – Los Angeles, USA, October 19th, 2024]

$DOG of Bitcoin announces the release of its limited-edition $DOG Plushie, set to launch on October 19, 2024, an occasion now being called “$DOGTOBER 19.” These collectible plush toys provide fans and newcomers with a tangible connection to the $DOG ecosystem, bridging the digital world of cryptocurrency with a physical collectible designed for both enjoyment and community engagement.

This exclusive collection, featuring 100,000 individually serialized plushies, will be available globally on launch day. Each plushie will wear one of three hoodie colors—Common, Uncommon, or Rare, each inspired by milestones in $DOG’s journey within the Bitcoin blockchain. This release aims to offer fans a unique, tangible keepsake while marking $DOG’s entry into physical products, a move that distinguishes it within the cryptocurrency landscape.

In addition to being a collectible, the $DOG plushies come with exclusive benefits for holders. Owners will gain entry to the $DOG Millionaire Raffle, where they have the chance to win up to 10 million $DOG tokens, currently valued at over $100,000. The first 1,000 buyers will also receive a complimentary Ordinals Profile Picture (PFP) NFT. As part of its community-focused mission, $DOG of Bitcoin will donate 10% of plushie sales to children’s orphanages and dog shelters.

The $DOG project, which launched after the activation of the Runes Protocol on Bitcoin, distinguishes itself through its fair distribution model, releasing all 100 billion tokens to holders of Runestone Ordinals NFTs. This upcoming plushie release further establishes $DOG’s presence both on-chain and in the real world, reinforcing its commitment to innovation and community engagement within the Bitcoin space.

Plushies will be shipped worldwide, allowing collectors and fans to connect with the $DOG brand wherever they are. For further information about the $DOGTOBER 19 launch and to purchase, visit the official $DOG shop.

For the latest updates, users can follow $DOG of Bitcoin on X.

About $DOG of Bitcoin

$DOG of Bitcoin is a pioneering meme coin project launched on the Bitcoin blockchain following the activation of the Runes Protocol. The project is designed with a strong commitment to fairness and decentralization, distributing its entire supply of 100 billion $DOG tokens to holders of Runestone Ordinals NFTs. As the first meme coin to establish itself on the Bitcoin network, $DOG of Bitcoin aims to foster a community-driven ecosystem that celebrates Bitcoin’s principles while engaging fans through unique initiatives. With its innovative distribution model and community-focused values, $DOG of Bitcoin is setting new standards within the meme coin space, offering both digital and physical connections to its growing community.

For more information, users can visit

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