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Exciting new cryptocurrencies set to launch soon are positioned for impressive performance this year. As the market moves past impulsive enthusiasm, it’s the perfect moment to invest in presale tokens supported by strong fundamentals and an engaged community. These critical factors are key to unlocking substantial returns. Below are three promising projects with considerable growth potential, each offering the opportunity for 10x to 100x returns post-launch. Wall Street Pepe (WEPE) The Wall Street Pepe (WEPE) is an intriguing blend of meme culture and financial rebellion. Drawing inspiration from the iconic Wall Street Bets movement, WEPE captures the same retail investor spirit that drove the GME and AMC short squeezes. At its core, the project thrives on a community-driven ethos, which resonates strongly with both retail investors and degens. A key differentiator for Wall Street Pepe is its plan to establish an exclusive “alpha” trading group. Similar to the in...

A fake digital currency wallet Scam that mimics e-CNY, the Central Bank digital currency ( CBDC ) of China , is being shared across the country’s app stores, according to the Chinese Ministry of Industry and Information Technology.  The Chinese government warned social media users of a fake variation of the ‘Digital Yuan Test Version’ being listed on app stores.  The fake wallet reportedly uses ‘dividends’ to manipulate users into sharing the app while also directing them to ‘uncommon social tools’ capable of seizing user funds.  The app copies the e-CNY app’s logo, color scheme, and user interface but differs in its package name and version number. The government’s statement didn’t disclose exactly which app store the scam wallet is being listed on. The fake app (bottom) pictured with the legitimate e-CNY one. Authorities reportedly warned users to be wary of fake apps that rely on patriotism and use get-rich-quick messaging to lur...

A crypto wallet lost $27 million in USDT following a hack. The funds were later transferred to Bitcoin via THORChain. On-chain analyst ZachXBT first noticed the breach. The hacker promptly converted the stolen Tether coins into Ethereum (ETH). Later, they were transferred through FixedFloat, ChangeNow, and other services. Ultimately, the funds were transferred to Bitcoin (BTC) using the THORChain protocol. It appears someone had 27M USDT stolen yesterday. 0x0f2183c8e415e61b4ad7774bf1097019eb2d5b85798a2a229070495131d60321 USDT was quickly swapped for ETH, then transferred to a number of services (FixedFloat, ChangeNow, etc), and bridged to Bitcoin via THORChain. pic.twitter.com/SgEBwyZZSc — ZachXBT (@zachxbt) November 12, 2023 A week ago, funds were withdrawn from the Binance exchange to the hacked wallet , ZachXBT notes. In May 2019, the address also received funds from the mentioned cryptocurrency platform. A week earlier, an unknown hacker attacked the Poloniex cryptocur...

Blockchain security firm CertiK believes the $2.4 million draining of a CoinSpot hot wallet is likely the result of a “private key compromise.” Australian crypto exchange CoinSpot has reportedly been hacked for $2.4 million in a “probable private key compromise” over at least one of its hot wallet s. According to a Nov. 8 post to his Telegram channel, blockchain sleuth ZachXBT highlighted two transactions entering the alleged hackers wallet. Afterwards, the wallet’s owner bridged the funds to the Bitcoin (BTC) network via ThorChain and Wan Bridge. In emailed comments to Cointelegraph, blockchain security firm CertiK said the alleged exploit was the result of a “probable private key compromise” on at least one CoinSpot hot wallet. According to data from Etherscan, a transaction totalling 1,262 Ether (ETH) — worth $2.4 million at current prices — came from a known CoinSpot wallet and entered the alleged hackers wallet . The presumed attacker stole 1,262 ETH from a known CoinSpot wall...

Fireblocks launched a non-custodial wallet-as-a-service aimed at catering to businesses across various sectors, reflecting a broader industry trend towards user-controlled digital assets. Fireblocks introduced a non-custodial wallet-as-a-service (WaaS) tailored for various sectors, including brands, corporates, fintechs, and web3 businesses today, Sept. 11. This development is noteworthy as it reflects a larger industry trend toward user-controlled assets, particularly in light of challenges faced by centralized platforms like FTX. The non-custodial wallet is designed to work across multiple platforms, including iOS, Android, and web browsers, facilitated by a software development kit. While there is a growing interest in defi, non-fungible tokens (NFTs), and native web3 functionalities among fintechs and brands, these innovations come with their own sets of challenges, specifically around security and compliance. Issues such as the loss of seed phrases and vulnerabilities in multi...

Decentralized Infura will consist of Infura and a decentralized market of other third-party data providers. A de centralized version of Infura will launch by the end of the year, with major Web2 cloud providers set to become part of the network, the chief strategist of ConsenSys says. “We’re looking to launch something later this year, but then there’s going to be what they call a federated phase that they’re expecting to like to last of the order of six months,” ConsenSys Head of Strategy Simon Morris told Cointelegraph at Korean Blockchain Week, referring to a trial period while the network was still under centralized control. Infura is the access point for most DApps to access real-time on-chain data from the Ethereum blockchain, but given it is controlled solely by ConsenSys, it provides a single point of failure. In November 2020, the MetaMask wallet stopped working when Infura went down, and centralized exchanges and DeFi projects were affected too. Infura also came under f...

Beam wallet uses Web3Auth and account abstraction to allow for seedless accounts, stablecoin gas payments, and other user experience features. A new wallet that has launched on Optimism (OP) allows users to generate an address without storing seed words, and the account can be saved using an ordinary Twitter login . Called “Beam wallet ” the application runs in a browser window and requires no downloads, according to a July 27 announcement from its developer. It also allows users to send transactions on Optimism without owning Ether (ETH). INTRODUCING BEAM The first self-custody payments wallet built for the mainstream — no download or signup required. Beam is the easiest way on the planet to send anyone money. Try it out with a single click — Andy Bromberg (@andy_bromberg) July 27, 2023 Beam was developed by Eco, a payments company backed by Web3 venture capital firms Andreessen Horowitz, Coinbase Ventures, Founders Fund, Lightspeed Venture Partners, and Pantera Capital. To...