The Upbit Exchange experienced a major Aptos scandal, but $APT is still stable. On the other hand, Litecoin is struggling with increased selling pressure, pushing $LTC lower. However, Borroe.Finance ($ROE) is offering solace for worried investors, delivering profits in its presale, making it a good crypto to buy now.
Can Litecoin recover, and Aptos keep rising to compete with Borroe.Finance in the long term? Let’s explore here.
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Upbit Exchange Falls Victim to A Mega Scandal, Aptos ($APT) Still Stable
South Korea’s top cryptocurrency exchange, Upbit, was hit by a fraudulent deposit on its platform. Scammers presented a fake coin resembling the genuine Aptos ($APT) token, resulting in one of the biggest cryptocurrency security breaches in recent history.
On September 24, 2023, Upbit’s sophisticated security system mistakenly identified the fraudulent coin as Aptos ($APT), enabling an automated bot to deposit a substantial quantity of the counterfeit tokens into many user accounts.
This breach is of immense magnitude, affecting approximately 100,000 accounts, all of which had Aptos ($APT) deposits. Remarkably, the combined value of these counterfeit Aptos ($APT) tokens amounts to a staggering $3.4 billion.
Furthermore, many Korean crypto investors have reported receiving unsolicited Aptos ($APT) tokens.
In response to the seriousness of the fake Aptos ($APT) situation, Upbit took swift action to protect its extensive user community. This action involved the immediate suspension of all Aptos ($APT) deposits and withdrawals, citing essential wallet system maintenance as the reason for the temporary halt.
On September 26, 2023, Aptos ($APT) was trading at $5.40. Analysts expect $APT to surge to $5.68 by the end of 2023, supported by investor confidence in the token.
Litecoin ($LTC) Keeps Sliding In A Bearish Market
Litecoin ($LTC) keeps struggling for relevance in the cryptocurrency industry. Previously standing as the silver to Bitcoin’s ($BTC) gold status, Litecoin ($LTC) dropped 82% of its value in the past two years.
This massive loss was evident during the August 2023 Litecoin ($LTC) halving event. Before that halving event, Litecoin ($LTC) had gained nearly 100% to peak at $114. Unfortunately, the post-halving period was negative, with Litecoin’s (LTC) price sliding to a recent low of $58.
In the past week, Litecoin (LTC) was trading within a narrow price range, with its value persistently remaining near the mid-range zone of $64. In September, LTC’s price action favored bearish trends, with sellers dominating the market.
On September 26, 2023, Litecoin ($LTC) was trading at $63.85. Analysts expect Litecoin ($LTC) to keep dropping to $61.55 in October, suppressed by increased selling pressure in the market.
Borroe.Finance ($ROE) Delivers Profits in A Bearish Market
Borroe.Finance ($ROE) is the premier global web3 blockchain invoice discounting NFT marketplace. Functioning as a decentralized fundraising platform, Borroe.Finance ($ROE) empowers web3 participants and businesses to swiftly acquire essential capital by trading their forthcoming earnings.
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Within Borroe.Finance’s ($ROE) ecosystem, users can smoothly transform future subscriptions, royalties, invoices, and digital payments into non-fungible tokens (NFTs). These NFTs are subsequently made available at discounted prices within supportive communities.
Additionally, Borroe.Finance ($ROE) NFTs can resell in robust peer-to-peer secondary markets. Hence, the platform offers the best NFT marketplace for all investors.
Borroe.Finance ($ROE) has recently obtained validation from BlockAudit, affirming the platform’s security against cyber threats and malware. Furthermore, Borroe.Finance ($ROE) has made its smart contract address accessible, highlighting its dedication to transparency and openness.
As a web3 enterprise, Borroe.Finance ($ROE) provides scalability, low fees, and a transparent fee structure. The ability to sell discounted NFTs equivalent to a year’s income depends on a business’s AI credit rating. Consequently, buyers enjoy low-risk investments because Borroe.Finance ($ROE) assesses income sources before approving loans.
Currently, $ROE is in Stage 2 of its public presale trading at $0.0150, a 50% ROI on the Beta Stage price of $0.0100. The token will reach $0.0400 by the end of the presale, a 167% profit for the current investors, making it the best crypto investment today.
Learn more about Borroe.Finance ($ROE) here:
Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter
The post South Korea’s Upbit Falls Victim to A Billion Dollar Scandal, $LTC Hovers At $65 After Support Levels Dropped, $ROE Surges 50% appeared first on Analytics Insight.
Source: https://www.analyticsinsight.net/south-koreas-upbit-falls-victim-to-a-billion-dollar-scandal-ltc-hovers-at-65-after-support-levels-dropped-roe-surges-50/