The US elections are nearing, and Donald Trump looks like a prominent candidate. The crypto market is showing a good response, as Trump has praised blockchain technology. Amid the major events shifting from the Shiba Inu (SHIB) and Polygon (MATIC), traders have been seen on the DTX Exchange.
According to the transaction reports, over $100k in funds were shifted from the traders of the Shiba Inu (SHIB) and Polygon (MATIC) communities. The shift came after the announcement of the expectation of the DTX Exchange reaching $10 very soon by prominent analysts.
WazirX Trying To Recover Millions in Shiba Inu (SHIB) and Other Coins
Last week, WazirX suffered a serious security breach. Hackers stole nearly $250 million worth of cryptocurrency through transaction exploits. After the attack, which saw millions in Shiba Inu (SHIB), Ethereum (ETH), and other coins taken, WazirX launched a bounty program to address the issue.
On July 18, malicious actors hacked WazirX and stole $234.9 million in ETH, PEPE, USDT, and other cryptocurrencies. They also swiped over $100 million worth of Shiba Inu (SHIB) tokens from the exchange’s Multisig wallet.
Polygon (MATIC) Changing To POL in September
Polygon (MATIC) has announced a big update coming on September 4, 2024. Polygon (MATIC) is migrating MATIC tokens to a new token called POL, marking a key milestone in the “Polygon 2.0” roadmap.
The shift from MATIC to POL is part of Polygon’s (MATIC) plan to evolve into a “network of networks.” POL will become the main token for paying gas fees, staking crypto on Polygon’s primary blockchain (Polygon PoS), and validating chains within Polygon’s broader ecosystem.
Before the main migration, Polygon (MATIC) ran a test on July 17, 2024, to spot and fix any potential issues. This testing helps reduce risks and ensures a smooth switch to POL. By adopting POL, Polygon (MATIC) aims to enhance its crypto ecosystem and deliver better services. MATIC holders should get ready for this change and follow Polygon (MATIC) instructions to ensure a smooth migration.
DTX Exchange Set To Disrupt The Trading Industry
DTX Exchange (DTX) is a trading platform where users can trade cryptocurrencies, forex, equities, and CFDs. According to industry experts, it is disrupting the exchange industry with unique benefits and features. DTX will be the first hybrid exchange to offer 1000X leverage and won’t require KYC checks.
Traders can benefit from low trading costs and make the most of their investments thanks to DTX’s focus on community. Members have access to potential airdrops and gain governance and voting rights. The platform provides a range of products, including the DTX wallet and multitier accounts, to meet diverse user needs and improve the overall trading experience.
DTX’s recent presale success has made a big splash, raising over $1M in stage 2. This impressive achievement has shaken up the bull market and put many new projects on alert. The crypto community sees DTX Exchange as a game-changer, quickly attracting over 5,500 holders. It’s clear that DTX is set to play a major role in driving massive growth.
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