Following a price correction after a bullish trend, Arweave continues to increase in value. At the same time, the BNB Smart Chain’s Alex protocol bridge saw unauthorized withdrawals of $4.3 million due to a sudden contract update. Concurrently, BlockDAG has transitioned to a new domain, blockdag.com, as part of its ongoing presale efforts, significantly boosting the security of its users and transactions.
This crucial update and a newly improved dashboard have driven the presale revenue to nearly $28 million and facilitated the sale of more than 9.2 billion coins. Positioned as a leading alternative coin for 2024, BlockDAG is making significant strides in the cryptocurrency market, demonstrating its capacity for a 30,000x return on investment as it continues to establish itself as a dominant player.
Security Breach on BNB Smart Chain’s Alex Protocol Bridge Results in $4.3M Loss
The Alex protocol bridge on the BNB Smart Chain faced a security incident following a covert upgrade, leading to withdrawals of $4.3 million. This protocol, notable for its Bitcoin layer-2 solutions, experienced an unexpected contract modification, triggering an alert from CertiK for a potential security breach involving private keys.
The stolen assets included Binance-Pegged Bitcoin and SKO tokens. Similar suspicious activities on the Ethereum network closely followed this event. The Alex team is currently investigating the breach, which adds to a list of recent security issues in the cryptocurrency world, affecting other platforms such as Equalizer and Gnus.ai.
Arweave Marks Its Territory in Decentralized Data Storage
Arweave has witnessed a significant uptick in its price, strengthening its position in the decentralized data storage market. This rise can be attributed to its unique model offering affordable and permanent data storage, attracting diverse industries.
Strategic alliances with major tech firms and a recent network upgrade that introduced coordinated mining further support its growth, enhancing the network’s appeal to investors. With continuous technological developments and a strategic roadmap, Arweave is poised for further expansion.
BlockDAG Upgrades to a Premier Domain to Fortify User Privacy and Security
BlockDAG has strategically upgraded its domain from BlockDAG.network to BlockDAG.com, a move designed to bolster user privacy and transaction security. This domain shift aims to provide a seamless and more secure user experience and ensure enhanced protection for user data and transactional details.
As BlockDAG progresses into batch 13 of its presale, this transition is timely. It reflects nearly $28 million in sales and over 9.2 billion coins sold. The platform is positioned to transform the crypto landscape with its potential for a 30,000x ROI, as forecasted by market analysts.
Furthermore, BlockDAG has revamped its dashboard to include key features like the main Dashboard page, which hosts announcements and rankings, as well as the Leaderboard section for insights into top purchasers. It also offers comprehensive transaction details in the ‘My Transactions’ and ‘Live Transactions’ areas. Users can customize their settings on the Profile page, improving navigation and the overall user interface.
The recent updates to the domain and dashboard enhance security and make BlockDAG more user-friendly, reinforcing its position as a prominent player in the cryptocurrency market.
In A Gist
As the BNB Smart Chain navigates security challenges and Arweave’s valuation climbs thanks to its distinctive data storage solutions and key partnerships, BlockDAG is making substantial progress. The platform recently transitioned its domain from BlockDAG.network to BlockDAG.com, enhancing privacy, security, and user experience and marking a significant step forward in its development.
These enhancements have significantly boosted presale numbers, pushing them close to $28 million, confirming BlockDAG’s status as a significant entity in the market. The updated dashboard features essential tools and functionalities, providing users with a streamlined and efficient experience, and setting the stage for a bright future for BlockDAG and its growing community.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu