In recent developments, the decentralized finance (DeFi) market has demonstrated its diverse nature. The famous cross-chain protocol, Mixin Network, has offered hackers $20 million from the stolen $200 million if the larger portion of the funds is returned. This event has stunned the crypto community, leaving developers fearing security breaches.
In contrast, Monero ($XMR) boasts unrivaled privacy and security features, while a new cryptocurrency, InQubeta ($QUBE), is recognized for its pioneering artificial intelligence (AI) innovation. Their attractive features and potential profitability have led crypto whales worldwide to bet big on them. InQubeta’s ongoing presale steadily draws mainstream attention, yielding over $3.3 million so far. InQubeta is regarded as the best crypto investment because it seamlessly merges AI technology with the crypto and non-fungible token (NFT) niches.
Let’s explore why whales are betting big on InQubeta and Monero as top crypto platforms while Mixin offers hackers $20 million for fund returns.
InQubeta ($QUBE) Possesses Profitable Strategies and Growth Potential.
InQubeta is the best crypto investment that combines AI technology with cryptocurrency. The $QUBE coin is native to the InQubeta ecosystem and is currently valued at $0.0133. It is an ERC-20 token that leverages the security and efficiency of the Ethereum network to feature a distinctive tokenomics structure. It is available for purchase in the live InQubeta presale. The presale has already raised over $3.3 million and sold over 372 million $QUBE coins within four stages. This rapid growth has made crypto whales bet big on its projected rally.
Investors’ optimism surrounding the $QUBE coin is also due to its profitable strategies, guaranteed value appreciation as the presale advances through its ten stages, high security, and visionary roadmap. This guarantee further confirms why investors believe the coin will soon multiply in value, encouraging them to invest heavily in its presale. InQubeta is praised for its unique involvement in the multi-billion dollar AI sector. It provides the best DeFi platform that connects beginner AI companies with investors, aiding the startups’ crowdfunding process. Its pioneering strategy addresses transparency challenges facing traditional investment procedures.
To further appeal to investors, the platform has staking opportunities. This is funded through a 5% transaction fee on $QUBE transactions, which is transferred to a reward pool dedicated to incentivizing stakers of the $QUBE coin.
In addition, the InQubeta ecosystem features an NFT marketplace where investors can purchase the most popular NFTs, carefully curated by AI startups. The promising expansion of this NFT marketplace has also contributed to InQubeta’s progress in the DeFi market.
Monero ($XMR) is Known for Its Industry-leading Privacy Features.
Monero is renowned for the exceptional utility of its native $XMR coin. $XMR’s privacy-focused features include ring signatures and stealth addresses. Monero’s increasing adoption in darknet markets underscores its prominence as a medium of exchange. This adoption adds liquidity and demand for the $XMR coin.
Monero provides unparalleled anonymity through advanced cryptographic techniques and privacy-focused features. This service makes it highly attractive to individuals and institutions seeking enhanced privacy and security for their cryptocurrency holdings. Its potential for diversification, decentralization, resilience to regulation, and speculative growth has made crypto whales view the $XMR token as a highly valuable asset in their portfolios.
Mixin Network is Offering $20 Million to Hackers to Return Stolen Funds.
Mixin Network is a cross-chain protocol that experienced a $200 million exploit on September 24, 2023. The protocol has introduced a negotiation plan to regain a considerable amount of the lost funds. The team behind the protocol will permit the hackers to keep $20 million of the $200 million as a bug bounty reward if they refund $180 million to the network.
According to an announcement on September 25, Mixin Network confirmed that the exploitation occurred as a result of an attack on the database of the protocol’s cloud service provider. Xiaodong Feng, the project’s founder, has promised users that up to 50% of all lost funds will be refunded. The remaining debt will be settled as bond tokens, which the network will repurchase from the affected users in the future. The protocol has suspended all withdrawal and deposit services.
Conclusion
Mixin Network is navigating the struggles following a recent $200 million exploit. It has initiated a negotiation plan, offering hackers a $20 million bug bounty reward if they return $180 million of the stolen funds. Meanwhile, Monero and InQubeta’s substantial profit potential has prompted whales to bet big on the impending massive trajectory of the $XMR and the $QUBE coin. While Monero has cutting-edge privacy technology, InQubeta highlights AI innovation, top-tier protection, profitability, and the most popular NFTs.
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