HTX Loses 5,000 ETH in Hack; Crypto Reddit Recommends XRP, ATOM, and QUBE To Be Top Cryptos

Ethereum

The world of cryptocurrency is not immune to cyber threats despite enormous efforts by many networks to implement robust security measures and adhere to best practices. These cybersecurity breaches have become a pressing concern, resulting in the loss of digital assets and leaving investors vulnerable. 

HTX exchange recently reported a loss of around 5000 ETH which is equivalent to almost $8 million. Though HTX has taken full responsibility for the situation, it has created more uncertainty in the minds of the community about the safety of assets on centralized platforms. 

Amid such turmoil, there is a buzz in the crypto Reddit communities about Ripple (XRP), Cosmos (ATOM), and InQubeta (QUBE) landing among the top cryptocurrencies to invest in because they are supported by terrific use cases. For example, InQubeta is the world’s first cryptocurrency crowdfunding platform designed with the sole purpose of bridging the gap between investors and AI-driven startups. Built on the Ethereum network, the entire ecosystem is fueled by its native token QUBE.

InQubeta’s Growing Potential to Land Among the Best Altcoins for 2023

InQubeta is the world’s first cryptocurrency crowdfunding funding platform that lets users securely invest in AI-driven startups and play a vital role in shaping the future of tech innovation. The team behind the innovative platform recognizes the potential AI startups possess and has worked on a solution that conveniently fosters their growth and development. This is made possible through their NFT-dedicated marketplace and native token, QUBE. The new cryptocurrency ICO has managed to become popular in a short period of time. 

QUBE is an ERC-20 deflationary currency that acts as a utility and governance token for the network. This new altcoin enables the users to participate in the investment process, trading, and staking to earn rewards from the reward pool which is funded through a 5% buy and sell tax on every QUBE transaction. The remaining 2% is sent to a burn wallet which ensures that the token supply reduces with time, enhancing its purchase value. 

Through the process of tokenization, every investment opportunity is minted into NFTs and fractionalized, facilitating the investors to invest according to their budget. The platform has appealed not only to investors and startups but also to security firms auditing its smart contracts who believe in its potential to lead the latest ICO list of the year. Learn more about InQubeta’s investment-focused journey by visiting the presale. The QUBE presale has currently raised $3.4 million with 80% of tokens sold already. Many experts have predicted a rapid rise for the QUBE token in the long term since its presale has already managed to attract so much attention. 

XRP to Experience a Surge Especially After it Collaborates with US Berkeley for Inclusive Fintech

XRP is the native token of the Ripple (XRP) Ledger, an open-source public blockchain dedicated to making cross-border transactions faster and cheaper. This bridging currency deals with the problem of legacy financial systems by facilitating overseas payments in less than five seconds. The Ripple network is known for its low cost in processing remittances and has emerged as the most favored solution for retail customers and institutions throughout the world. 

This simple yet innovative technology has resulted in XRP heading the list of top cryptos. Other than promising low-cost and high-speed transactions, the XRP ledger also exhibits inherently green attributes and scalability with over 1,500 transactions per second. Investors claim XRP will soon witness an upward trajectory, especially after it announced a collaboration program with US Berkeley to foster a more inclusive financial economy.

Cosmos Announces the Introduction of a Super Wallet called Leap Wallet 

Cosmos is a project addressing the major problems of the blockchain industry. The team is committed to solving the issues of scalability, high fees, and environmentally harmful methods of proof-of-work (PoW) consensus protocols. The in-house token of the network is known as ATOM. 

The ATOM token provides several earning opportunities to its holders and is considered a top crypto by experts. Cosmos has gained immense popularity because of the network’s ability to become the internet of blockchains allowing it to freely share data and tokens across its ecosystem. This interoperable feature makes it easier for the blockchains to communicate with each other and prevents fragmentation of the industry. The company recently introduced one of the most advanced and user-friendly wallets called the Leap Wallet. Leap Wallet is a super wallet that allows users to secure their assets, perform staking, participate in governance, and claim airdrops at the click of a button. 

Conclusion

Amid the rising challenges of frequent hacking events, there is a need for more secure cryptocurrencies. While the market adapts, to tackle these issues, QUBE, XRP, and ATOM have emerged as highly secure and promising investment options with unique value propositions. 

However, the strong buzz created by InQubeta’s crowdfunding platform is noteworthy. The platform aims to bridge the gap between startups and investors creating a more democratic and inclusive ecosystem. The unique idea behind QUBE has led to remarkable presale success. InQubeta’s native token, QUBE, built on Ethereum is the top pick of many investors in 2023. It is backed by several use cases and has a well-planned incentive structure. Head over to the QUBE presale and get a chance to participate in the most popular presale of 2023. 

Visit InQubeta Presale 

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Source: https://www.analyticsinsight.net/htx-loses-5000-eth-in-hack-crypto-reddit-recommends-xrp-atom-and-qube-to-be-top-cryptos/