TronWeekly

Crypto World News

You are here: Home / Search for "south korea"

Search Results for: south korea

Arbitrum Blockchain Deepens Ties with Lotte’s Innovative Caliverse Virtual Worlds

by

  • Arbitrum’s blockchain enhances crypto payments in Lotte’s Caliverse app.
  • Lotte integrates AI, VR, and crypto into Caliverse with Arbitrum’s help.
  • Arbitrum’s 250ms block times elevate gaming and virtual world experiences.

Arbitrum  is deepening its ties by partnering with Lotte Group, a major South Korean conglomerate. The collaboration will bring blockchain technology and crypto payments to Lotte’s Caliverse metaverse platform, which focuses on gaming and virtual experiences.

Arbitrum partners with Lotte’s Caliverse

Arbitrum plans to strengthen its collaboration with Lotte Group, a South Korean conglomerate. Lotte’s metaverse platform, Caliverse, will integrate with the Arbitrum blockchain. This partnership seeks to enable users to pay for services using cryptocurrency.

Caliverse is an AI-driven entertainment experience which offers users virtual worlds, gaming, media content, and shopping. Through this integration with Arbitrum users will be able to use crypto to make payment within the app. Arbitrum, a layer-2 Ethereum scaling solution, has gained popularity as the preferred platform for blockchain gaming.

Offchain Labs, the developer behind Arbitrum and the Arbitrum Foundation have confirmed that no agreement has been finalized. However, Lotte has illustrated its commitment to ensure a successful partnership. The two companies have expressed intentions to integrate blockchain technology into the services of Caliverse.

Offchain Labs co-founder and CEO Steven Goldfeder explained the role of Arbitrum in the partnership. Goldfeder noted that Arbitrum technology would provide Caliverse with a friendly user interface. The integration is anticipated to establish a new standard for the implementation of blockchain in the virtual space.

Impact of Lotte’s Partnership with Arbitrum

The Arbitrum blockchain offers fast transaction processing, making it suitable for gaming and virtual experiences. Arbitrum’s 250ms block times will enhance the high performance in Caliverse virtual worlds. This will improve the user experience in Caliverse especially for gaming and media content.

Arbitrum’s blockchain has gained increased popularity in the gaming sector. In 2024, the network experienced significant growth with a 72% increase in gaming transactions. The blockchain currently hosts 119 gaming titles and 23 gaming-focused blockchains.

The Arbitrum Orbit stack enables developers to design and develop custom-tailored blockchains. This customizable feature has increased the popularity and the rapid growth of the Arbitrum network. Therefore, the integration of Caliverse will further attract more attention to the platform.

Lotte has expressed interest in blockchain and metaverse products since 2022. The company entered into a strategic partnership with Arbitrum last year. This collaboration shows Lotte’s commitment to explore new and innovative technologies like AI, virtual reality and cryptocurrency.

The integration of Lotte’s Caliverse with Arbitrum signals a renewed institutional interest in blockchain-based virtual worlds. This development may trigger an increase in $ARB trading activity. Traders have highlighted that the increased adoption and use of Arbitrum will potentially boost the short term sentiment and price movement of $ARB.

Terra’s Do Kwon Pleads Not Guilty in Major $40B Fraud Case

by

  • Kwon faces multiple fraud charges linked to TerraUSD’s collapse.
  • Terraform Labs lost $40B, triggering widespread crypto market chaos.
  • Kwon remains detained as legal proceedings against him unfold.

Terraform Labs co-founder Do Kwon faces serious criminal charges related to the $40 billion collapse of the TerraUSD stablecoin. His not guilty plea marks the beginning of a high-stakes legal battle that could shake the crypto world.

Kwon Pleads Not Guilty

Terraform Labs co-founder Do Kwon pleaded not guilty to fraud charges in a U.S. court on January 2. The charges stem from his involvement in the 2022 collapse of the TerraUSD (UST) stablecoin, which resulted in the loss of approximately $40 billion. The accusations against Kwon include securities fraud, wire fraud, commodities fraud, and conspiracy to commit money laundering.

The Manhattan federal court hearing, where Kwon entered his plea, marked a major step in the legal proceedings. Kwon, 33, wore an olive green long-sleeved shirt and black sweatpants during his court appearance. His lawyer, Andrew Chesley, informed the court that Kwon would not seek bail at this time and the judge ordered him to remain detained.

Kwon was extradited from Montenegro to the U.S after a lengthy battle between South Korea and the U.S on where he was to be detained. South Korea had initially requested his extradition because of his citizenship while Kwon also hoped to avoid U.S. prosecution. Montenegro’s Constitutional Court dismissed Kwon’s appeal to avoid extradition on December 26, 2023 and he was transferred to U.S. authorities five days later.

Kwon’s TerraUSD and Luna Fraud

The indictment filed in Manhattan by the U.S Attorney’s office on November 17 accused Kwon of defrauding investors in 2021. He falsely claimed that the TerraUSD stablecoin could be stabilized through the “Terra Protocol,” which he said would restore its value. Instead, the indictment says that Kwon arranged for a high-frequency trading company to make massive purchases of the tokens worth millions of dollars which supported and inflated its price.

This fraud contributed to the growth of Luna, another token created by Kwon. In 2022, the Luna token hit an all time high of $50 billion because of Kwon’s deceitful statements about Terraform Labs’ technology. However, when the value of TerraUSD stablecoin started to decline again in May 2022, the trading firm warned that it would be much more challenging to support  it.

Kwon’s actions allegedly contributed to the catastrophic collapse of the Terra ecosystem. The collapse of TerraUSD and Luna disrupted other cryptocurrencies such as Bitcoin. Investors and institutions who had been enticed by the inflated value of Luna suffered massive losses.

Kwon also faces civil consequences in addition to the criminal charges. The U.S. Securities and Exchange Commission (SEC) previously found Kwon and Terraform Labs liable for fraud which led to a $4.47 billion settlement. Terraform Labs filed for bankruptcy after these findings.

Kwon ‘s case adds to the list of other cryptocurrency tycoons who are facing legal action. Others include FTX founder Sam Bankman-Fried who now faces a potential high-profile trial amid speculations fro his pardon by President Trump. His legal battles signal a broader crackdown on fraud and misconduct within the cryptocurrency industry.

Kwon is set to return to court on January 8, 2025 for a follow-up hearing.  As the legal process continues, the crypto community continues to closely monitor the outcome of this case.

Is Bitcoin the New Gold in U.S. Economic Strategy?

by

  • Bitcoin mirrors gold’s historical role during U.S. economic dominance debates.
  • U.S. adoption of Bitcoin as a strategic asset remains speculative.
  • Trump’s stance on Bitcoin may shift based on political priorities.

Throughout history, gold has symbolized stability during economic crises. In the late 1990s, figures like Peter Schiff championed gold as the ultimate monetary standard, much like today’s Bitcoin advocates.

But the U.S. has time and again refused to go back to the gold standard despite financial crises, instead choosing new ways of doing economics. Now, BTC seems to occupy that very ideological space once reserved for gold. Ki Young Ju, Founder & CEO of CryptoQuant, made this parallel and asked whether the U.S. would position Bitcoin as a strategic asset.

While BTC adherents foresee a future whereby the US will adopt the virtual currency as a hedge against economic risk, for now, market sentiment places an exceptionally heavy premium on continued dollar dominance.

For the U.S. to seriously consider the adoption of BTC, there would need to be a real challenge to its global economic hegemony. For now, the dollar is still believed in, and global capital continues to pour into U.S. markets as a sign of confidence in its resilience.

Trump’s Ambiguous Bitcoin Stance

Former U.S. President Donald Trump has made a career out of touting American economic supremacy. On the campaign trail, the way he spoke about BTC marked him as a likely crypto ally. But if there is one thing to be taken from the Trump record, it is that he approaches virtually everything with a calculating sense of political expedience.

If Trump goes ahead with reinforcing the dollar and giving more confidence in the U.S. economic sphere, it could play second fiddle to all of his BTC advocacy. Most politicians’ priorities seem to change after election; on separate occasions, Trump has already shown the ability to take a pragmatic view of top issues without pissing off his supporters.

Bitcoin’s Role in Future U.S. Policies

The role of Bitcoin in economic strategy is far from articulated. While Trump’s BTC Conference remarks were pro-BTC, they still seemed more a function of votes than policy. In the meantime, BTC can be seen as symbolic instead of practical, like a form of gold.

The dollar remains the safe haven of choice globally, with South Koreans still favoring it over gold or Bitcoin, especially with the won weakening-a sign of its enduring strength. While Bitcoin may continue to attract ideological supporters, its role in the U.S. financial system depends on larger geopolitical and economic shifts. Until then, BTC remains more of a speculative asset than a strategic pillar of U.S. policy.

Related | Turn $500 Into $1 Million With These 5 Meme Crypto Picks in Christmas Heated Market

Montenegro Finally Approves Do Kwon’s Extradition to the U.S

by

  • Do Kwon faces charges over the $40B Terra-Luna collapse.
  • Montenegro’s court rejects Kwon’s appeal, clearing extradition.
  • Terraform Labs agrees to pay $4.47B in U.S. SEC settlement.

After months of legal disputes, Montenegro has cleared the path for Do Kwon’s extradition to the United States. The founder of Terraform Labs faces charges related to the $40 billion collapse of the Terra-Luna blockchain.

Do Kwon’s Extradition

Montenegro has approved the extradition of Do Kwon, the founder of Terraform Labs, to the United States. This decision comes after months of legal battle between the U.S. and South Korea over Kwon’s involvement in the collapse of the Terra-Luna blockchain. The ruling marks the conclusion of a long and complicated legal battle that started after Kwon was arrested in Montenegro in March 2023.

Kwon faces charges related to the $40 billion collapse of TerraUSD and Luna, which affected investors across the world. He is accused of misleading investors and participating in financial fraud, leading to the downfall of Terraform Labs. Montenegro’s decision to prioritize the U.S. extradition request came after a lengthy legal process and multiple reversals in court.

Montenegro’s Constitutional Court recently rejected Kwon’s appeal, clearing the way for his extradition. The country’s Justice Minister, Bojan Bozovic, confirmed that the U.S. request met most of the legal criteria for extradition. The U.S. had presented a strong case against Kwon, which contributed to the final decision.

South Korea had also requested Kwon’s extradition, but Montenegro sided with the U.S. The U.S. prosecutors argue that Kwon’s actions in the collapse of Terra-Luna caused significant financial harm. They have also raised concerns over Kwon’s alleged attempt to hide his assets and mislead investors.

Terraform Labs Collapse

The extradition decision is a critical development in the broader investigation into the collapse of Terraform Labs. Kwon had initially fled to Serbia before moving to Montenegro after the crash in 2022. However, Kwon and his associates were eventually arrested in March 2023, with Kwon using fake documents in an attempt to travel to Dubai.

Additionally, Terraform Labs reached a settlement with the U.S. Securities and Exchange Commission and agreed to pay a $4.47 billion fine. Terraform Labs has also filed for bankruptcy protection in the U.S., and a bankruptcy judge recently authorized the sale of its remaining assets.

This case shows the increased scrutiny and legal challenges facing the cryptocurrency industry. Kwon’s extradition could serve as a major step where individuals are held accountable for fraudulent activities in the cryptocurrency sector. The U.S. authorities have emphasized the need to enforce legal norms and punish financial fraud in the digital asset space.

Ethereum’s Struggle: Will Liquidity Challenges Keep ETH Price in Check?

by

Key Takeaways:

  • Ethereum’s support lies between $3,030 – $3,130, with resistance at $3,640 – $3,740.
  • Ethereum’s metrics show a sustained bullish outlook, but market performance remains volatile.
  • Without significant liquidity injections, Ethereum could test lower levels in the near future.

The price of Ethereum remains in the no-trade zone between $3,030 and $3,130 as support and $3,640 to $3,740 as resistance. According to analysts, a close above or below will determine the next trend.

A breakout above resistance would send Ethereum up toward highs, while a break into support could see further losses. On the contrary, consolidation is tight in Ethereum while it confirms its next vital move in this zone.

image 45 2

Bullish Indicators Despite Market Correction

Despite the recent market correction, Ethereum is giving several signals that are very bullish, according to CryptoQuant. Key metrics have also pointed to sustained optimism among traders. Ethereum’s Estimated Leverage Ratio is high and suggests strong interest in risk-taking, while its moderately positive funding rates suggest long positions dominate without putting the market at risk of liquidation.

image 45 4

Besides, the Korea Premium Index, which measures the price gap between South Korean and global markets, has been in the positives, which goes to point out the rising demand for Ether within the region. These elements combined, with the growing Ether fund holdings, reflect confidence among institutional and retail investors despite some challenges the market is seeing.

image 45 6

Ethereum Faces Dual Forces: Strong Support vs. Liquidity Concerns

Despite upbeat indications, Ether is struggling with liquidity. According to Alpha Extract, ETH is still trading within its fair value area in AE Global Liquidity Bands, continuing the downtrend seen for a while now.

Traditionally, this area serves as an indication of either the price stabilizing or the acceleration toward lower levels of liquidity. After reclaiming 3.5k dollars, the rally of Ether faded because of a weak supply area, making any weak rebound vulnerable to takedown pullbacks.

Without better liquidity within the next short period of time, it would have a risk of being in an upper band-to-band low test, a level at which prices head deeper to the downside. Given low liquidity and market volatility conditions, risks in the short-term may occur despite long-term bullish expectations.

Related Reading | Best Crypto to Buy Now: 7 Gems That Could Moonshot in 2025

Top 5 Cryptos Under $1 That Look Set for 40,000% Gains

by

Exploring the world of affordable cryptocurrencies, there are hidden opportunities with the potential for extraordinary returns. Some digital coins, still priced below a dollar, are showing signs of skyrocketing growth. These undervalued assets might be poised for significant gains, capturing the attention of investors seeking the next big breakthrough in the crypto market.

CYBRO’s 260% Jump After Gate.io and MEXC Listings Signals Massive Rally Ahead

CYBRO is taking the crypto world by storm. Fresh off its launch on Gate.io and MEXC, the token’s price shot up from $0.06 to $0.16 in just 24 hours—a whopping 260% gain. The trading volume hit an impressive $15 million at its peak.

This explosive debut is backed by CYBRO’s solid fundamentals and the buzz it built before the launch. During its presale, CYBRO raised $7 million and attracted almost 20,000 early investors, showing strong market interest even before going public.

🚀 Still Early—Massive Potential Ahead

Despite this incredible rally, $CYBRO is still at a low price point, leaving room for higher highs. In the medium term, the token could add more 500-600% to its value, depending on broader crypto market conditions and adoption within its ecosystem. In the most optimistic scenario, $CYBRO could surge 1100%.

Grab the Undevalued Gem Now Before It Surges 1100%

What Makes CYBRO Special?

CYBRO is a multichain DeFi platform that uses AI to optimize earnings. Whether you’re new to DeFi or a seasoned pro, CYBRO makes investing easier and more effective.

Here are the privileges for $CYBRO holders:

  • Earn by Staking: Lock up your CYBRO and earn passive income
  • Airdrops & Rewards: Get cashback and loyalty bonuses just for being part of the community
  • Shape the Future: With just 100 CYBRO tokens, you can join the CYBRO DAO and vote on key decisions
  • Save on Fees: CYBRO holders enjoy reduced transaction costs

Community-Driven Vision and Ambitious Roadmap

CYBRO is staying true to its promise to early investors and already delivering real results. Looking ahead, the team is gearing up to roll out new AI features, open more vaults, and develop additional one-click strategies to streamline DeFi investing.

Combined with its strong launch performance and ambitious roadmap, CYBRO is shaping up to be a leader in decentralized finance.

Join CYBRO Now Before the Next Big Jump

Kaspa – A New Approach to Fast and Secure Cryptocurrency Transactions

Kaspa is a new cryptocurrency that uses proof-of-work for security. It uses the GHOSTDAG protocol, which lets blocks created at the same time coexist instead of being discarded. This means the Kaspa blockchain is a blockDAG, allowing high block rates and fast confirmations. Currently, it produces 1 block per second and aims for even more. Kaspa includes features like Reachability to check the network’s structure, block data pruning to save space, SPV proofs for verification, and plans for subnetwork support to make future layer 2 solutions easier to implement.

TRON (TRX): Decentralized Platform Empowering Content Creators

TRON (TRX) is a blockchain-based operating system launched by the Tron Foundation in 2017. Initially built on Ethereum, TRX moved to its own network a year later. The platform aims to give full ownership rights to digital content creators. By eliminating intermediaries like YouTube or Facebook, TRON allows content makers to earn more rewards directly from consumers. Users can develop decentralized applications (dApps), offer content, and receive digital assets as compensation. Transactions occur in a public ledger where operations can be tracked. TRON supports smart contracts and various blockchain systems, serving as an alternative to Ethereum. Its focus on a decentralized internet opens up new opportunities for developers and content creators.

Terra Classic (LUNC) Bridges Fiat Stability and Blockchain Efficiency

Terra Classic (LUNC) is a blockchain protocol that uses stablecoins tied to traditional currencies. It aims to enable global payment systems with stable prices. By combining the stability of fiat money with the censorship resistance of Bitcoin, Terra Classic offers fast and affordable transactions. The network includes stablecoins pegged to the US dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund’s Special Drawing Rights. After a chain split, the original Terra became Terra Classic, and its native token LUNA was renamed LUNA Classic (LUNC). This mirrors the Ethereum and Ethereum Classic split. Terra Classic continues to focus on providing stable, global payments using blockchain technology.

Turbo Token: The First AI-Created Memecoin for the People

Turbo Token is the first memecoin created entirely by artificial intelligence. The project’s founder gave GPT-4 a challenge: to create the next great meme coin. GPT-4 designed Turbo Token, a cryptocurrency made by AI for the people. This experiment shows how AI can contribute to the creation of new digital assets. Turbo Token explores the intersection of artificial intelligence and blockchain technology. By using AI in its development, the project aims to bring innovation to the crypto space. Turbo Token represents a new approach to cryptocurrency creation, highlighting the potential of AI in this field. As an AI-generated memecoin, it invites people to engage with a novel concept in the crypto community.

Conclusion

In conclusion, while KAS, TRX, LUNC, and TURBO may have less potential in the short term, the ongoing bull run of 2024 is unveiling new opportunities. Emerging DeFi platforms are offering investors innovative ways to maximize earnings through technologies like AI-powered yield aggregation on advanced blockchains. With features such as lucrative staking rewards, exclusive airdrops, and cashback on purchases, these platforms provide a superior user experience with seamless deposits and withdrawals. By emphasizing transparency, compliance, and quality, they stand out as promising projects attracting significant interest from crypto whales and influencers.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

Turn $200 Into $500,000 With These Under-the-Radar Tokens

by

There’s a unique chance to turn a small investment into a substantial sum with certain little-known cryptocurrencies. Some undervalued tokens are poised for significant growth, offering potential for remarkable returns. This article explores these hidden digital assets that could transform a modest amount into a life-changing fortune. Discover the tokens that might be the next big thing in the crypto world.

CYBRO’s 260% Jump After Gate.io and MEXC Listings Signals Massive Rally Ahead

CYBRO is taking the crypto world by storm. Fresh off its launch on Gate.io and MEXC, the token’s price shot up from $0.06 to $0.16 in just 24 hours—a whopping 260% gain. The trading volume hit an impressive $15 million at its peak.

This explosive debut is backed by CYBRO’s solid fundamentals and the buzz it built before the launch. During its presale, CYBRO raised $7 million and attracted almost 20,000 early investors, showing strong market interest even before going public.

🚀 Still Early—Massive Potential Ahead

Despite this incredible rally, $CYBRO is still at a low price point, leaving room for higher highs. In the medium term, the token could add more 500-600% to its value, depending on broader crypto market conditions and adoption within its ecosystem. In the most optimistic scenario, $CYBRO could surge 1100%.

Grab the Undevalued Gem Now Before It Surges 1100%

What Makes CYBRO Special?

CYBRO is a multichain DeFi platform that uses AI to optimize earnings. Whether you’re new to DeFi or a seasoned pro, CYBRO makes investing easier and more effective.

Here are the privileges for $CYBRO holders:

  • Earn by Staking: Lock up your CYBRO and earn passive income
  • Airdrops & Rewards: Get cashback and loyalty bonuses just for being part of the community
  • Shape the Future: With just 100 CYBRO tokens, you can join the CYBRO DAO and vote on key decisions
  • Save on Fees: CYBRO holders enjoy reduced transaction costs

Community-Driven Vision and Ambitious Roadmap

CYBRO is staying true to its promise to early investors and already delivering real results. Looking ahead, the team is gearing up to roll out new AI features, open more vaults, and develop additional one-click strategies to streamline DeFi investing.

Combined with its strong launch performance and ambitious roadmap, CYBRO is shaping up to be a leader in decentralized finance.

Join CYBRO Now Before the Next Big Jump

SUI: A Scalable and User-Friendly Layer-1 Blockchain Platform

SUI is a layer-1 blockchain platform designed for global adoption. It offers a secure and scalable development platform. By using an object-centric data model and the Move programming language, SUI addresses inefficiencies in current blockchain systems. It emphasizes user experience by removing common barriers in blockchain interactions. Innovations like zkLogin, sponsored transactions, and programmable transaction blocks make applications accessible and user-friendly. SUI aims to raise the standard for user experience in Web3, potentially enhancing adoption and engagement.

Kaspa – A New Approach to Fast and Secure Cryptocurrency Transactions

Kaspa is a new cryptocurrency that uses proof-of-work for security. It uses the GHOSTDAG protocol, which lets blocks created at the same time coexist instead of being discarded. This means the Kaspa blockchain is a blockDAG, allowing high block rates and fast confirmations. Currently, it produces 1 block per second and aims for even more. Kaspa includes features like Reachability to check the network’s structure, block data pruning to save space, SPV proofs for verification, and plans for subnetwork support to make future layer 2 solutions easier to implement.

JasmyCoin: Empowering Users with Secure Data Control on IoT Devices

JasmyCoin (JASMY) is the cryptocurrency of Jasmy Corporation, a Tokyo-based Internet of Things provider. The platform combines IoT technology with blockchain to give users full control over their personal data. It connects service providers and data users, allowing data to be exchanged securely and without trust issues. Jasmy aims to create a safe environment where data can be used smoothly and transformed into personal assets. By decentralizing data storage with IPFS and using edge computing, it ensures data is securely protected and owned by the user. Service providers can promote their services using data owned by users, creating a democratic data model.

Terra Classic (LUNC) Bridges Fiat Stability and Blockchain Efficiency

Terra Classic (LUNC) is a blockchain protocol that uses stablecoins tied to traditional currencies. It aims to enable global payment systems with stable prices. By combining the stability of fiat money with the censorship resistance of Bitcoin, Terra Classic offers fast and affordable transactions. The network includes stablecoins pegged to the US dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund’s Special Drawing Rights. After a chain split, the original Terra became Terra Classic, and its native token LUNA was renamed LUNA Classic (LUNC). This mirrors the Ethereum and Ethereum Classic split. Terra Classic continues to focus on providing stable, global payments using blockchain technology.

Conclusion

In conclusion, while tokens like SUI, KAS, JASMY, and LUNC may have less short-term potential, CYBRO offers unparalleled opportunities for investors. CYBRO is an advanced DeFi platform on the Blast blockchain that uses AI-powered yield aggregation to maximize earnings. With lucrative staking rewards, exclusive airdrops, and cashback on purchases, it provides a superior user experience with seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO stands out as a promising project. It has attracted strong interest from crypto whales and influencers, making it a noteworthy prospect for significant returns in the current bullish market.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

Massive Altseason Alert: Top 5 Cryptos That Could Generate 15,000% Profits

by

The cryptocurrency market is stirring with anticipation as altcoins show signs of explosive potential. Investors are turning their attention to digital currencies that could deliver remarkable returns. This article delves into five standout cryptos that analysts suggest might soar in value, offering gains as high as 8,000%. Explore these promising assets that could redefine investment fortunes.

CYBRO’s 260% Jump After Gate.io and MEXC Listings Signals Massive Rally Ahead

CYBRO is taking the crypto world by storm. Fresh off its launch on Gate.io and MEXC, the token’s price shot up from $0.06 to $0.16 in just 24 hours—a whopping 260% gain. The trading volume hit an impressive $15 million at its peak.

This explosive debut is backed by CYBRO’s solid fundamentals and the buzz it built before the launch. During its presale, CYBRO raised $7 million and attracted almost 20,000 early investors, showing strong market interest even before going public.

🚀 Still Early—Massive Potential Ahead

Despite this incredible rally, $CYBRO is still at a low price point, leaving room for higher highs. In the medium term, the token could add more 500-600% to its value, depending on broader crypto market conditions and adoption within its ecosystem. In the most optimistic scenario, $CYBRO could surge 1100%.

Grab the Undevalued Gem Now Before It Surges 1100%

What Makes CYBRO Special?

CYBRO is a multichain DeFi platform that uses AI to optimize earnings. Whether you’re new to DeFi or a seasoned pro, CYBRO makes investing easier and more effective.

Here are the privileges for $CYBRO holders:

  • Earn by Staking: Lock up your CYBRO and earn passive income
  • Airdrops & Rewards: Get cashback and loyalty bonuses just for being part of the community
  • Shape the Future: With just 100 CYBRO tokens, you can join the CYBRO DAO and vote on key decisions
  • Save on Fees: CYBRO holders enjoy reduced transaction costs

Community-Driven Vision and Ambitious Roadmap

CYBRO is staying true to its promise to early investors and already delivering real results. Looking ahead, the team is gearing up to roll out new AI features, open more vaults, and develop additional one-click strategies to streamline DeFi investing.

Combined with its strong launch performance and ambitious roadmap, CYBRO is shaping up to be a leader in decentralized finance.

Join CYBRO Now Before the Next Big Jump

Aave Offers Decentralized Lending and Instant Flash Loans on Ethereum

Aave is a cryptocurrency that lets users lend and borrow crypto assets without intermediaries. Built on Ethereum, it uses smart contracts to handle loans and interest. Users can lend or borrow 17 different cryptocurrencies, earning interest through aTokens. A standout feature is flash loans, which allow instant borrowing with no collateral, provided the loan is repaid within the same blockchain block. The AAVE token is central to the platform, offering benefits like fee reductions and voting on protocol changes. It can also be used as collateral with extra perks. Aave’s Safety Module allows staking to mitigate risks. Its limited supply and token-burning reduce the number of tokens in circulation.

Aptos: A New Layer-One Blockchain Focused on Scalability and Safety

Aptos is a new blockchain that focuses on scalability and safety. It aims to solve problems like high transaction fees and network congestion that blockchains like Ethereum have faced. Developed by Aptos Labs, founded by key contributors from Meta’s Diem project, it uses a Proof-of-Stake system. Aptos employs the Move programming language for its smart contracts, which emphasizes safety and flexibility. It supports many Web3 applications. Aptos is designed to be scalable, safe, reliable, and upgradable.

Terra Classic (LUNC) Bridges Fiat Stability and Blockchain Efficiency

Terra Classic (LUNC) is a blockchain protocol that uses stablecoins tied to traditional currencies. It aims to enable global payment systems with stable prices. By combining the stability of fiat money with the censorship resistance of Bitcoin, Terra Classic offers fast and affordable transactions. The network includes stablecoins pegged to the US dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund’s Special Drawing Rights. After a chain split, the original Terra became Terra Classic, and its native token LUNA was renamed LUNA Classic (LUNC). This mirrors the Ethereum and Ethereum Classic split. Terra Classic continues to focus on providing stable, global payments using blockchain technology.

BNB: Exploring the Utility Token Powering the Binance Ecosystem

BNB is the native cryptocurrency of the Binance ecosystem. It started as an ERC-20 token. Now, it works across Binance Chain and Binance Smart Chain. BNB is used to pay fees, issue tokens, and move assets. It also supports smart contracts with Proof-of-Staked Authority consensus. Users can earn rewards by staking BNB. Its utility goes beyond transactions on the chain. BNB offers fee discounts on exchanges like Binance.com and is used on third-party services. The supply of BNB is reduced through quarterly burns. This aims to cut the original 200 million supply in half to enhance its value.

Conclusion

In conclusion, while established tokens like AAVE, APT, LUNC, and BNB may have growth potential, their short-term prospects are limited compared to emerging platforms. CYBRO, an advanced DeFi platform, offers investors exceptional opportunities to maximize earnings through AI-powered yield aggregation on the Blast blockchain. With features such as lucrative staking rewards, exclusive airdrops, and cashback on purchases, CYBRO ensures a superior user experience with seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO stands out as a promising project attracting strong interest from crypto whales and influencers.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

XRP Skyrockets 370%, Crushing Bitcoin’s 46% Gain

by

  • XRP soared 370% since Trump’s election victory, surpassing Bitcoin’s 46% and the market’s 93%.
  • Institutional interest grows, with ETF applications from major firms like Grayscale and Bitwise pending SEC approval.
  • Trading volume surged 5.4%, with Binance and Upbit leading XRP’s $6.78 billion daily turnover.

XRP has taken the spotlight in the crypto world, outshining its peers during the Trump-led market rally. CNBC recently hailed Ripple token as the biggest winner in the wake of Donald Trump’s election victory. The asset surged an astonishing 370% since November, far surpassing Bitcoin’s 46% gain and the broader market’s 93% rise.

Before the rally, XRP traded around $0.50, a low point after the SEC appealed the Ripple ruling. However, the election acted as a catalyst. By December 3, Ripple altcoin soared to a remarkable $2.86, marking a meteoric rise. At its peak, Ripple dethroned Solana (SOL) and Tether (USDT) to claim the third spot in market capitalization.

Driving Factors Behind XRP’s Rally

Speculation surrounding Trump’s victory played a crucial role in Ripple’s price surge. Investors bet on the election resolving Ripple’s legal woes with the SEC. A federal judge’s ruling that the altcoin isn’t inherently a security further boosted confidence.

This favorable legal climate ignited institutional interest. Major players like Bitwise, Canary Capital, and Grayscale are now competing to launch XRP ETFs. Analysts believe the SEC may approve one soon, potentially making the altcoin the third cryptocurrency to gain ETF approval in the U.S.

Despite its success, The altcoin’s journey hasn’t been without hurdles. After testing $2.86, it faced a correction, dropping to $1.9 on December 10. Yet, the announcement of NYDFS’ approval for Ripple’s RLUSD stablecoin fueled a swift rebound to $2.4.

As of now, XRP trades at $2.41, slightly down by 0.97% in the last 24 hours. Over the past day, its trading volume grew by 5.4%, reaching $6.78 billion. Binance led the trading activity with $884.13 million in volume, followed by South Korea’s Upbit at $700.82 million.

While XRP recently lost its third spot to USDT, the competition remains fierce. Bulls view the asset’s minor dips as buying opportunities, reflecting strong confidence in its potential.

Upbit Expands Offerings: MOCA Markets Now Live with KRW, BTC, USDT

by

Key Takeaways

  • Upbit launches Moca Network (MOCA) markets in KRW, BTC, and USDT.
  • Deposit and withdrawal support is limited to the Ethereum network.
  • Trading restrictions will apply for the first few minutes post-launch.

Upbit, South Korea’s leading cryptocurrency exchange, has announced the introduction of the Moca Network (MOCA) into its trading ecosystem. Starting from December 16, MOCA will be traded against the Korean Won (KRW), Bitcoin (BTC), and Tether (USDT). This will also be a milestone for Upbit and Moca alike in accordance with Upbit’s policy to list more digital assets for users.

Important Trading Restrictions

Upbit has, in its announcement, highlighted a few of the key trading restrictions for the launch. First, buy orders will be limited for about five minutes post-launch and sell orders below 10% of the previous day’s closing price will face a temporary restriction.

Moreover, market and reservation orders will not be available one hour after trading opens. These measures are put into place in order to avoid chaos within the trading atmosphere at the opening of the MOCA market.

According to Upbit, the latest prices of MOCA have reached the previous day’s closing price of 139.4 KRW and are currently at 137.5 KRW. Traders are therefore advised to reconfirm the closing price and, based on that, strategize before the commencement of trading.

MOCA Network: A Web3 Ecosystem with Cultural Interoperability

Moca Network tries to fill the gap in the field of cultural interoperability within the Web3 space, using its MOCA token to increase the utility and functionality of its ecosystem. The project is about knitting three areas together: education, gaming, and development, providing value added in an NFT holdership scenario for MOCAbus.

MOCA also fuels platform governance, staking, and reward mechanisms. The MOCA ID is Moca Network’s identity authentication mechanism. It applies blockchain technology and has already been implemented on the Mainnet. It is designed for users to interact safely within an ecosystem to claim rewards or participate in various functions.

The MOCA token is used for platform fees and as a medium of exchange throughout the wider ecosystem of interconnected projects. However, the beginning of MOCA trading through Upbit brings digitized assets to grow user investment and participation with one more avenue into the greater and growing Web3 ecosystem.

Related Reading | FASB Fair Value Rule Unlocks Bitcoin’s Corporate Growth Potential