Camp (CAMP) news

What Is SHX Crypto? The Beginner’s Guide to Stronghold Token

In the fast-evolving world of cryptocurrency, tokens are becoming more than just speculative assets—they’re becoming tools for real-world finance. One such token gaining traction is Stronghold Token (SHX). Designed to bridge the gap between traditional financial systems and blockchain technology, SHX powers a network of payment solutions with a focus on speed, accessibility, and utility. This article will help beginners understand what SHX is, how it works, its tokenomics, price history, and what the future might hold for it. What Is Stronghold Token (SHX)? Stronghold Token (SHX) is the native utility token of the Stronghold platform. Founded by Tammy Camp and Sean Bennett, Stronghold is a financial technology company that builds payment infrastructure for the digital age. SHX was launched in 2018 to support real-world financial activities such as payment processing, business rewards, and decentralized finance (DeFi) lending. Unlike many cryptocurrencies that exist primarily for trading or speculation, SHX was designed from day one to be used. At its core, SHX is a utility token, meaning it powers multiple functions within the Stronghold ecosystem. Businesses that process transactions through Stronghold’s platform can earn SHX as rewards. These tokens can then be used to reduce fees, access premium services, or be traded on exchanges. SHX also plays a key role in liquidity programs and merchant cash advances, enabling holders to support lending activities and earn returns. On top of that, SHX includes a governance component—holders can vote on proposals that influence the platform’s evolution. What makes SHX unique is its strong focus on practical application. Rather than aiming to replace fiat money or chase quick gains, SHX is designed to enhance how modern payments work—making them faster, more affordable, and more accessible for businesses of all sizes. How SHX Works Stronghold Token (SHX) was built with utility and efficiency in mind. To support its role in fast, low-cost payments and financial services, SHX operates on two major blockchain networks: Stellar and Ethereum. Stellar Network: Speed and Affordability SHX’s primary network is Stellar, a blockchain designed specifically for fast and inexpensive financial transactions. On Stellar, transactions settle in just a few seconds and cost a fraction of a cent—making it ideal for real-time payments, merchant rewards, and microtransactions. Stellar also uses an energy-efficient consensus protocol, which means SHX can operate sustainably without the environmental impact of traditional mining. Because of this infrastructure, SHX is well-suited for businesses that want instant settlement, reduced transaction fees, and more control over cash flow. Ethereum Network: Access to DeFi To expand accessibility, SHX is also available as an ERC-20 token on Ethereum. This version allows users to store, trade, or use SHX within Ethereum’s vast decentralized finance (DeFi) ecosystem. It can be listed on Ethereum-based exchanges, integrated into wallets, and used in smart contract platforms. By existing on both Stellar and Ethereum, SHX combines the efficiency of Stellar with the flexibility and reach of Ethereum, making it a cross-chain asset that can serve a wide range of use cases. SHX Tokenomics Supply and Distribution SHX has a maximum supply of 100 billion tokens, set at the time of launch in 2018. This total is fixed, meaning no additional tokens will ever be created. As of now, only a small portion—about 5–6% of the total supply—is in circulation. The rest is held by Stronghold and allocated for future use across the ecosystem. Notably, SHX did not launch through an ICO (Initial Coin Offering). Instead, the token was initially distributed via a free airdrop to early users of the Stronghold platform. This helped build an engaged user base from the start and avoided the speculative frenzy seen with many other token launches. Utility and Ecosystem Role SHX is not just a store of value—it has active roles within the platform: Rewards: Businesses earn SHX based on their transaction volume through Stronghold. Fee Discounts: SHX can be used to reduce processing and service fees. Liquidity & Lending: Token holders can contribute SHX to liquidity pools or participate in merchant cash advance programs and earn returns. Governance: Holders can vote on proposals that shape the platform’s future. This multi-purpose utility encourages holding and using SHX rather than simply trading it. Token Burn and Deflation To maintain value and manage supply, SHX includes a token burn mechanism. A portion of SHX used in platform fees—especially from lending products—is permanently removed from circulation. This helps counterbalance new token releases and creates long-term deflationary pressure, potentially increasing the value of remaining tokens over time. SHX Historical Performance and Market Activity SHX Price Source: CoinMarketCap Since its debut in 2018, Stronghold Token (SHX) has experienced significant price swings, shaped by both the overall cryptocurrency market and developments within the Stronghold platform. In its early stages, SHX traded well below a penny, with limited activity and little attention from mainstream investors. That changed in 2021, when SHX surged to an all-time high of around $0.059 during the broader crypto bull market. This rally was driven by a combination of growing interest in utility-based tokens and anticipation around Stronghold’s business-facing payment services. However, the market correction in 2022 brought SHX back down sharply, dropping below $0.001 as investor sentiment turned cautious. Despite the downturn, SHX began showing signs of recovery in 2023 and 2024, supported by new product launches, governance features, and expanding exchange listings. As of May 2025, SHX is trading around $0.01, with a circulating supply of approximately 5.79 billion tokens and a market cap around $58 million. Its price has seen a moderate rebound over the past few months, with a 30-day gain of over 18%, signaling renewed interest in the project. While it remains a volatile asset, SHX has shown the ability to recover and grow in tandem with its underlying ecosystem. Stronghold Token (SHX) Price Prediction: 2025–2030 Predicting the future price of any cryptocurrency involves analyzing various factors, including market trends, technological developments, and broader economic conditions. For Stronghold Token (SHX), several forecasts provide insights into its potential trajectory over the next few years. 2025 Outlook Analysts present a range of predictions for SHX in 2025. Some forecasts suggest a modest increase, with prices potentially reaching around $0.01026 to $0.0113, indicating a potential ROI of approximately 13.4%. Other projections are more optimistic, estimating that SHX could climb to between $0.017 and $0.0388, reflecting a 15% to 39% increase from current levels. These variations highlight the influence of market sentiment and adoption rates on SHX's price. 2026–2030 Projections Looking further ahead, predictions for SHX's price become more varied: 2026: Some models anticipate a slight decline or stabilization, with prices around $0.0096 to $0.0113. Others foresee growth up to $0.0162, depending on market conditions and platform developments. 2027–2028: Optimistic forecasts suggest SHX could reach $0.0207 to $0.0454, driven by increased adoption and integration into financial systems. 2029–2030: Long-term projections vary significantly. Some analysts predict SHX could attain prices between $0.0267 and $0.0544, while more bullish estimates envision values as high as $0.1461 or even $0.3547 by 2030, assuming substantial growth and widespread use. It's important to note that these predictions are speculative and depend on numerous factors, including technological advancements, regulatory changes, and overall market dynamics. As with any investment, conducting thorough research and considering multiple perspectives is crucial before making decisions. Final Thoughts Stronghold Token (SHX) stands out in the crypto space not because of hype, but because of purpose. It’s a utility-driven token designed to support real financial infrastructure—offering rewards, facilitating payments, enabling lending, and giving users a voice through governance. While its market performance has seen highs and lows, SHX has consistently evolved alongside the Stronghold platform, showing resilience and a clear focus on long-term use rather than short-term speculation. For beginners exploring cryptocurrency with real-world applications, SHX offers an accessible starting point. Its integration into everyday business tools, its presence on both Stellar and Ethereum, and its community-focused roadmap all suggest that SHX is more than just a token—it’s part of a bigger push to modernize finance. As always, investors should stay informed, monitor project developments, and approach any crypto investment with caution and curiosity. But for those seeking a grounded, purpose-built digital asset, SHX is one to watch. Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Ready to Fight (RTF): Revolutionizing Professional Fighting with Web3 Technology

What is Ready to Fight (RTF)? Ready to Fight (RTF) is a comprehensive Web3 ecosystem designed to empower fighters, connect enthusiasts, and streamline the entire boxing experience. RTF aims to provide a gateway for fighters and teams, offering resources essential for training, career development, and personal branding. But it doesn't stop there. RTF also seeks to create an integrated social ecosystem, fostering meaningful interactions among fans, fighters, coaches, promoters, and other stakeholders. Moreover, RTF leverages advanced blockchain technology to automate key industry processes, enhancing efficiency and accessibility while ensuring transparency and trust. How Ready to Fight (RTF) Works Ready to Fight offers various services: Community Engagement RTF provides a variety of community engagement tools, including a news portal delivering up-to-date insights, a boxing social network for enthusiasts to connect and share knowledge, and a global boxer data platform with a unique rating system based on professional achievements. Additionally, RTF introduces Subring, a fight-centric SocialFi platform enabling fans to support their favorite fighters digitally. Career and Skill Development For fighters looking to enhance their skills, RTF provides a job wall connecting professionals with career opportunities, an online training camp offering virtual coaching and comprehensive training, and RTF EasyFind streamlining the organization of training camps. Moreover, RTF AI AGENT serves as a virtual assistant that delivers tailored support and insights to optimize user experience. Financial Services and Trading RTF ensures smooth financial transactions within and beyond the ecosystem through RTF WALLET, a secure storage for cryptocurrencies. There is also RTF SWAP, a decentralized exchange for trading crypto assets, and RTF Payment System for cross-border payments. RTF TOKEN, the platform's native token, is the backbone of Ready to Fight, and it facilitates fast and secure settlements. Commerce and Merchandising Through its marketplace, RTF offers quality boxing gear and exclusive sportswear, while RTF Digital Art enables the digitization of exclusive content into NFT assets, opening new avenues for athlete monetization. Health and Safety Safety is paramount in the fighting industry, and RTF addresses this through RTF Itrust, which specializes in sports insurance covering costs related to accidents and injuries. Event Management RTF manages large-scale boxing events, blending live experiences with digital reach, and provides a global platform for easy ticket purchases. Gaming and Cyber Sports For gaming enthusiasts, RTF Games Centre offers a marketplace for sports-themed games to provide interactive gaming experiences within the platform. RTF Ads Promo RTF provides targeted marketing solutions through its advertising platform and offers an integrated suite of tools for diverse marketing campaigns aimed at stimulating user activity. Charitable Initiatives Reflecting its commitment to social responsibility, RTF operates the Social Boxing Foundation, allocating a portion of platform revenue to support the boxing community and related social initiatives. RTF Chain RTF also develops its proprietary blockchain, RTF Chain, which is designed to serve as a Web3 infrastructure for the sports and entertainment sectors. RTF Goes Live on Bitget Ready to Fight stands out as the first SocialFi application created specifically for the massive $10 billion boxing industry. Led by Oleksandr Usyk and supported by the World Boxing Council, the platform operates in close partnership with Riyadh Season and the Saudi Arabia Boxing Federation. Considering the visions and extensive support of Ready to Fight, there is no better way to get a head start in the exciting intersection of sports and technology than to trade RTF token on Bitget How to Trade RTF on Bitget Listing time: April 24, 2024 Step 1: Go to RTFUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell Trade RTF on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitget Research: Overall Crypto Market Pullback, Memecoins Dominate Ethereum Chain Transaction List

In Summary: 1.Popular Tokens: PEPE (Token) — A memecoin featuring a sad frog on its logo, currently the hottest memecoin on the market with a daily on-chain trading volume of over US$100 million and dominating community discussions. During the market pullback yesterday, it rose to a new high against the trend. According to some blockchain data analysts, some early holders earned millions with an investment of less than 1 ETH, with gains up to 1000x. Users should be aware of the risks involved in participating. Currently, the token is available for trading on Bitget. WOJAK (Token) — The MEME coin, which is closely associated with the Pepe the Frog meme and features powerful human meme imagery, has a 24-hour trading volume of $22 million and a market cap of $9.17 million on the token chain. It is currently in high demand, with Bitget offering to trade for the coin. RUGame Labs (RUG) — A community memecoin with RUG as its theme name. The project was launched yesterday and has 22,000 Twitter followers but no KOL attention. The token liquidity is 440,000, and the price has seen a 120x increase from the bottom. Its 24-hour trading volume is US$1.38 million. APED (Token) — An ape-themed memecoin. The community’s interest is high, with several KOL discussions. Its 24-hour trading volume is US$20 million, and its market cap is US$7.4 million. The price fluctuates at a high level. CHAD (Token) — CHAD is positioned as an elite memecoin and has some association with PEPE and WOJAK. Its 24-hour trading volume is US$12.47 million, with a market cap of US$2.66 million. BABYPEPE (Token) — A PEPE replica memecoin imitating the Babydoge model. Its current market cap is US$5.33 million, with a 24-hour trading volume of US$7.89 million. With only 600 Twitter followers, its overall marketing level is lower than that of PEPE and WOJAK, and the price has increased too much in the short term. Users should be aware of the risks involved. SUIBG (Token), SUI Futures Bitget — BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUI Futures Token), which will serve as a credential for the native token SUI after the Sui Network mainnet is launched in the future. According to information from BitKeep’s Twitter, the exchange rate for SUIBG and SUI is 10:1. The SUI token has a public offering price of US$0.1/SUI, and users can earn up to 1000+ free SUIBG by completing BitKeep-related tasks, which can be exchanged for 100+ $SUI token rewards after the launch of SUI (campaign ends on April 24). XEN (Token) — On April 18th, the bidding activity for XENKnights officially began. XENKnights is an experimental collection of only 100 unique art pieces inscribed on satoshis on the Bitcoin blockchain. A total of 100 XENKnight ordinals will be auctioned to the highest bidders, and the XEN tokens from the top 100 bidders will be burned. AIDOGE (Token) — An Arbitrum community memecoin project, with AI-generated code and free airdrops for ARB airdrop users. The token has a 15% trading tax, with 1% permanently burned, 2% added to the AIDOGE/ETH trading pair for increasing the depth, 3% used for AIDOGE staking rewards, 3% given to secondary market traders as rewards, 3% used to buy ARB to subsidize the protocol game and voting, currently, some ARB is used directly to incentivize users to increase liquidity, and 3% used for development purposes. The 24-hour trading volume is currently US$18.5 million, and it is available for trading on Bitget. PUF (Token) — A community memecoin project with high community engagement and KOL discussions. It has a 24-hour trading volume of US$1.06 million, a market cap of US$330,000, and experienced a significant drop in price after a period of growth. RDNT (Token) — A cross-chain lending protocol based on Layer Zero and native to Arbitrum. It has already bridged to BSC and has a total TVL of US$240 million. Recently, the staking token for its V2 version was released without significant selling pressure. Multiple KOLs have bought in, and the project has been highly popular with a 24-hour trading volume of US$120 million and a market cap of US$110 million. 2.Popular NFTs: AISHIB (NFT) — An NFT collection called AIShiba OG Collection, issued by a memecoin project with the slogan “Missed $AIDOGE? Don’t miss $SHIBAI!” It has 12,207 holders, and a floor price of only 0.021 ETH, but has achieved a trading volume of over 500 ETH. The token $SHIBAI has a similar mechanism to AIDOGE, with a 15% trading tax. However, its token distribution and reward mechanism are more complex than AIDOGE, but currently only outlined in the project’s whitepaper. LFi NFT (NFT) — A free mint NFT built on Polygon. It is available on OpenSea, with a total supply of 1.1 million and over 10,000 holders. The on-chain minting activity is very hot. XEN Torrent (NFT) — XEN NFT is currently deployed on 10 different EVM-compatible chains, with over 1 million addresses minting it. With recent price increases, on-chain arbitrage has become active again. 3.Popular DApps: MEV Bot (DApp) — jaredfromsubway.eth, a highly active sandwich trading bot on the blockchain, specializing in sandwich attacks on memecoins. It has processed over 570,000 transactions. According to data from Dune, in the past 24 hours, jaredfromsubway.eth has consumed 535.18 ETH in gas fees, worth approximately US$1,119,969, accounting for 8.3% of the total network data. In the past week, the address consumed 1007.29 ETH, worth approximately US$2,096,850, accounting for 3.79% of the total network data. Link3 (DApp) — Link3 is a Web3 social task network incubated by CyberConnect, where users can create their decentralized social network by completing on-chain and off-chain information. Recently, Link3 participated in the Web Social Hackathon organized by Binance and released a growth incentive plan. In the future, it will attract projects and users to jointly build a high-quality Web3 social network. The project has not launched its own token yet, making it an important project to keep a close watch on. Galxe (DApp) — Galxe is an on-chain task platform and a top-tier DID application that recently launched a new identity verification method allowing for one-click login using an Ethereum address. On April 19th, the project bought back tokens to mark Q1’s development journey. Key product updates include Galxe Mintlist, a loyalty point system, Telegram integration, and page access credentials. The project has already collaborated with over 2100 projects and is growing rapidly. Benji Bananas (DApp) — An F2P mobile blockchain game invested by Animoca Brands. The overall ecosystem has seen a decrease in popularity due to two big holders of Bored Ape Yacht Club (BAYC) announcing their exit recently. Nevertheless, it is still a highly active project on the BSC. Currently, it is distributing Easter campaign rewards. Lens (DApp) — A leading on-chain social platform that has yet to release its token, with expectations of an airdrop. The ecosystem currently includes a variety of projects and has become one of the most active ecosystems on the Polygon chain. GameTrade Market (DApp) — A platform on Solana blockchain specialized in discovering and trading NFTs within games, mainly targeting in-game asset trading, providing a full range of game categories and game asset trading functions. Currently, the ecosystem has many game collaborations and announced on April 20th that it is launching its own Launchpad platform, allowing users to participate with a low fee of only 2.5%. BLUR (DApp) — On April 19, BLUR platform traded a total of 5746 ETH, with OpenSea trading 1796 ETH and OpenSea Pro 941 ETH. Recently, the overall trading volume of the NFT market has started to rebound, and the short-term price of BLUR has also increased. This is due to the upcoming release of Amazon’s NFT on April 24th, which has caused NFT-related token projects to rebound. Additionally, BLUR is set to release new products in May, generating significant user anticipation. Rarible (DApp) — Rarible is a multi-chain NFT trading platform where users can create “mint” and trade digital collectibles. On April 20th, the project indicated that the auction for The Smurfs NFTs would end in a few hours. The recent auction of the highly popular Smurfs NFT on Rarible has increased UAW. Space ID (Token) — On April 18th, SPACE ID announced the formation of a DAO Treasury, which will use 50% of the total net revenue generated by the SPACE ID platform (including revenue from domain name registration, renewal, gift card purchases, and SPACE ID market fees) to buy and burn ID tokens, while the remaining 50% will be added to the DAO treasury in the form of stablecoins and managed by all eligible ID token holders. On April 20th, Space ID announced its listing on OKX, and the token has seen high levels of community activity recently. 4.Twitter Hot Topics: There is no data available for today due to issues with the data source update. 5.Regional Trending Searches: PEPE (Token) — A frog-themed memecoin with a very strong wealth effect, having experienced a 4500x increase since its launch. It has been widely discussed worldwide, and OKX has released a poll where the community chooses whether it belongs to the “dog” or “frog” camp, generating expectations for PEPE listing on OKX. Currently, the trading pair is available on Bitget. ARB (Token) — Arbitrum has transferred 1 ARB token to the Curve DAO address for public testing to verify DAO’s control over funds. The decisions of the Arbitrum Foundation have a significant impact on the trend of the token. Therefore, following the development of events may reveal good trading opportunities. Why Crypto Crash (Event) — Yesterday, there was a flash crypto crash. BTC and ETH both fell by over 3% and 4% respectively within an hour, triggering a market correction. The average leverage ratio of market participants is currently high, and cryptocurrency volatility is significant, so users need to be aware of trading risks. Main Body Written by: Bitget Research Data collection time: April 20, 10:30 Data sources: Dune, DApps, Twitter, Google Note: 1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain. 2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours. 3) DApp daily activity (UAW: unique active wallets) 4) TGE (Token Generation Event) 1.Blockchain Profile — ETH Chain 1.1 User Profile 1.1.1 Core Data Total active users of ETH: 369,707 New active users of ETH: 76,035, with a daily decrease of 5.84% Existing active users of ETH: 293,672, with a daily decrease of 4.54% 1.1.2 New User Profile Core data: There were a total of 76,035 new active users on ETH yesterday, with a daily decrease of 5.84% Popular Sectors Popular Projects Key Projects: RUGame Labs (RUG) — A community memecoin with RUG as its theme name. The project was launched yesterday and has 22,000 Twitter followers but no KOL attention. The token liquidity is 440,000, and the price has seen a 120x increase from the bottom. Its 24-hour trading volume is US$1.38 million. https://www.dextools.io/app/en/ether/pair-explorer/0x0ae290bcf6a7bb134c46f8c4c7cd905fce177e24 1.1.3 Existing User Profile Core data: The number of ETH active existing users is 293,672, with a daily decrease of 4.54% Popular Sectors Popular Projects Key Projects: MEV Bot (DApp) — jaredfromsubway.eth, a highly active sandwich trading bot on the blockchain, specializing in sandwich attacks on memecoins. It has processed over 570,000 transactions. According to data from Dune, in the past 24 hours, jaredfromsubway.eth has consumed 535.18 ETH in gas fees, worth approximately US$1,119,969, accounting for 8.3% of the total network data. In the past week, the address consumed 1007.29 ETH, worth approximately US$2,096,850, accounting for 3.79% of the total network data. PEPE (Token) — A memecoin featuring a sad frog on its logo, currently the hottest memecoin on the market with a daily on-chain trading volume of over US$100 million and dominating community discussions. During the market pullback yesterday, it rose to a new high against the trend. According to some blockchain data analysts, some early holders earned millions with an investment of less than 1 ETH, with gains up to 1000x. Users should be aware of the risks involved in participating. Currently, the token is available for trading on Bitget. https://www.dextools.io/app/en/ether/pair-explorer/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f WOJAK (Token) — The MEME coin, which is closely associated with the Pepe the Frog meme and features powerful human meme imagery, has a 24-hour trading volume of $22 million and a market cap of $9.17 million on the token chain. It is currently in high demand, with Bitget offering to trade for the coin. https://www.dextools.io/app/en/ether/pair-explorer/0x0f23d49bc92ec52ff591d091b3e16c937034496e 1.2 Popular Trading Pairs 1.2.1 Uniswap V2 COPE (Token) — A memecoin with an image similar to that of PEPE. Its 24-hour trading volume is US$17.8 million, and its liquidity is only US$88,000. After an initial rise, the price has collapsed, and there are no signs of a rebound. This memecoin carries high risks. https://www.dextools.io/app/en/ether/pair-explorer/0xad1b370187aefff639442d7596fcf9a0c0661b17 APED (Token) — An ape-themed memecoin. The community’s interest is high, with several KOL discussions. Its 24-hour trading volume is US$20 million, and its market cap is US$7.4 million. The price fluctuates at a high level. https://www.dextools.io/app/en/ether/pair-explorer/0x877193009a881359e80df3ded7c6e055be9cc144 CHAD (Token) — CHAD is positioned as an elite memecoin and has some association with PEPE and WOJAK. Its 24-hour trading volume is US$12.47 million, with a market cap of US$2.66 million. https://www.dextools.io/app/en/ether/pair-explorer/0x2db388d12c56fa6bd81b101aa6ec8542e315ec5c BABYPEPE (Token) — A PEPE replica memecoin imitating the Babydoge model. Its current market cap is US$5.33 million, with a 24-hour trading volume of US$7.89 million. With only 600 Twitter followers, its overall marketing level is lower than that of PEPE and WOJAK, and the price has increased too much in the short term. Users should be aware of the risks involved. https://www.dextools.io/app/en/ether/pair-explorer/0x5b6a17d4e84b8d9b40eaaae821fc141d6158fe44 1.2.2 Uniswap V3 PEPE, WOJAK, APED (Token) — Aside from ETH, several memecoins, including PEPE, WOJAK, and APED, have taken over the top five positions in trading on UNI V3, as mentioned earlier in the report. 2.Blockchain Profile — BSC Chain 2.1 User Profile 2.1.1 Core Data Total active users on BSC: 1,264,894 New active users on BSC: 202,127, with a daily decrease of 6.14% Existing active users on BSC: 1,062,767, with a daily increase of 0.78% 2.1.2 New User Profile Core data: There were a total of 202,127 new active users on BSC yesterday, with a daily decrease of 6.14% Popular Sectors Popular Projects Key Projects: Trillioner (TLC) — A chain-based anonymous project with no liquidity pool. Currently, there are 8600 holders accumulated through transfers, which poses a high risk. https://bscscan.com/token/0x29a5daf6e3fdf964def07706ea1abee7ec03d021#balances 2.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,062,767, with a daily increase of 0.78% Popular Sectors Popular Projects Key Projects: Link3 (DApp) — Link3 is a Web3 social task network incubated by CyberConnect, where users can create their decentralized social network by completing on-chain and off-chain information. Recently, Link3 participated in the Web Social Hackathon organized by Binance and released a growth incentive plan. In the future, it will attract projects and users to jointly build a high-quality Web3 social network. The project has not launched its own token yet, making it an important project to keep a close watch on. Galxe (DApp) — Galxe is an on-chain task platform and a top-tier DID application that recently launched a new identity verification method allowing for one-click login using an Ethereum address. On April 19th, the project bought back tokens to mark Q1’s development journey. Key product updates include Galxe Mintlist, a loyalty point system, Telegram integration, and page access credentials. The project has already collaborated with over 2100 projects and is growing rapidly. 2.2 Popular Trading Pairs 2.2.1 PancakeSwap V2 There is no data available for today due to issues with the data source update. 3.Blockchain Profile — Polygon Chain 3.1 User Profile 3.1.1 Core Data Total active users on Polygon: 389,528 New active users on Polygon: 86,068, with a daily decrease of 5.34% Existing active users on Polygon: 303,460, with a daily increase of 0.04% 3.1.2 New User Profile Core data: There were a total of 86,068 new active users on Polygon yesterday, with a daily decrease of 5.34% Popular Sectors Popular Projects Key Projects: Benji Bananas (DApp) — An F2P mobile blockchain game invested by Animoca Brands. The overall ecosystem has seen a decrease in popularity due to two big holders of Bored Ape Yacht Club (BAYC) announcing their exit recently. Nevertheless, it is still a highly active project on the BSC. Currently, it is distributing Easter campaign rewards. SUIBG (Token), SUI Futures Bitget — BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUI Futures Token), which will serve as a credential for the native token SUI after the Sui Network mainnet is launched in the future. According to information from BitKeep’s Twitter, the exchange rate for SUIBG and SUI is 10:1. The SUI token has a public offering price of US$0.1/SUI, and users can earn up to 1000+ free SUIBG by completing BitKeep-related tasks, which can be exchanged for 100+ $SUI token rewards after the launch of SUI (campaign ends on April 24). 3.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 303,460, with a daily increase of 0.04% Popular Sectors Popular Projects Key Projects: Lens (DApp) — A leading on-chain social platform that has yet to release its token, with expectations of an airdrop. The ecosystem currently includes a variety of projects and has become one of the most active ecosystems on the Polygon chain. 3.2 Popular Trading Pairs 3.2.1 Uniswap V3 XEN (Token) — On April 18th, the bidding activity for XENKnights officially began. XENKnights is an experimental collection of only 100 unique art pieces inscribed on satoshis on the Bitcoin blockchain. A total of 100 XENKnight ordinals will be auctioned to the highest bidders, and the XEN tokens from the top 100 bidders will be burned. 4.Blockchain Profile — Arbitrum Chain 4.1 User Profile 4.1.1 Core Data Arbitrum Active Users: 345,350 Arbitrum New Active Users: 80,741, with a daily increase of 47.44% Arbitrum Existing Active Users: 264,609, with a daily increase of 5.97% 4.1.2 New User Profile Core data: There were a total of 80,741 new active users on Arbitrum yesterday, with a daily increase of 47.44% Popular Sectors Popular Projects Key Projects: AISHIB (NFT) — An NFT collection called AIShiba OG Collection, issued by a memecoin project with the slogan “Missed $AIDOGE? Don’t miss $SHIBAI!” It has 12,207 holders, and a floor price of only 0.021 ETH, but has achieved a trading volume of over 500 ETH. The token $SHIBAI has a similar mechanism to AIDOGE, with a 15% trading tax. However, its token distribution and reward mechanism are more complex than AIDOGE, but currently only outlined in the project’s whitepaper. https://www.dextools.io/app/en/arbitrum/pair-explorer/0xbb1554b79d49327f6f000fb8057a972bfee4afca 4.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 264,609, with a daily increase of 5.97% Popular Sectors Popular Projects Key Projects: AIDOGE (Token) — An Arbitrum community memecoin project, with AI-generated code and free airdrops for ARB airdrop users. The token has a 15% trading tax, with 1% permanently burned, 2% added to the AIDOGE/ETH trading pair for increasing the depth, 3% used for AIDOGE staking rewards, 3% given to secondary market traders as rewards, 3% used to buy ARB to subsidize the protocol game and voting, currently, some ARB is used directly to incentivize users to increase liquidity, and 3% used for development purposes. The 24-hour trading volume is currently US$18.5 million, and it is available for trading on Bitget. 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 PUF (Token) — A community memecoin project with high community engagement and KOL discussions. It has a 24-hour trading volume of US$1.06 million, a market cap of US$330,000, and experienced a significant drop in price after a period of growth. RDNT (Token) — A cross-chain lending protocol based on Layer Zero and native to Arbitrum. It has already bridged to BSC and has a total TVL of US$240 million. Recently, the staking token for its V2 version was released without significant selling pressure. Multiple KOLs have bought in, and the project has been highly popular with a 24-hour trading volume of US$120 million and a market cap of US$110 million. 5.DApp Ecosystem — All Chains Iskra (DApp) — Iskra is a blockchain gaming platform built on Klaytn, bringing together gamers and game studios. The platform allows gamers to explore and enjoy high-quality blockchain games and create their own communities. Users can access new gaming projects through the platform’s Launchpad. On April 20th, it was announced that Iskra will be conducting its second promotional activity on Zealy, where users who complete tasks will have the chance to win a share of 5400 ISK and 5400 USDT in rewards. GameTrade Market (DApp) — A platform on Solana blockchain specialized in discovering and trading NFTs within games, mainly targeting in-game asset trading, providing a full range of game categories and game asset trading functions. Currently, the ecosystem has many game collaborations and announced on April 20th that it is launching its own Launchpad platform, allowing users to participate with a low fee of only 2.5%. TT Prize (DApp) — A mini-game platform built on Thundercore that uses TT for gaming. Currently, it has 455 Twitter followers and Similarweb shows a monthly traffic of less than 5000. It is essential to monitor this project. 6.DApp Ecosystem — ETH Chain BLUR (DApp) — On April 19, BLUR platform traded a total of 5746 ETH, with OpenSea trading 1796 ETH and OpenSea Pro 941 ETH. Recently, the overall trading volume of the NFT market has started to rebound, and the short-term price of BLUR has also increased. This is due to the upcoming release of Amazon’s NFT on April 24th, which has caused NFT-related token projects to rebound. Additionally, BLUR is set to release new products in May, generating significant user anticipation. DexView (DApp) is a website that provides real-time price charts and market sentiment for various chains, including Ethereum, BSC, Arbitrum, Polygon, etc. The Twitter account has only 14 followers, and usage is still relatively low. It is essential to monitor this project. 7.DApp Ecosystem — BSC Chain MOBOX (Dapp) — A cross-chain Metaverse game platform that integrates Web3 elements such as NFT and DeFi to assist game development within the project. At present, its token $MBOX is available on Bitget, and Mobox users can trade this asset on Bitget. AutoShark Finance (DApp) — A one-stop DeFi platform that supports functions such as Swap, Farm, Launchpad, etc. It has been audited by Certik, but its overall TVL is only US$388,000. It is essential to stay updated on this project. 8.DApp Ecosystem — Polygon Chain Flip Coin (DApp) — In the Flip Coin and Lottery application, users can toss a coin and earn double or participate in the lottery and earn ten times the amount. It has been marked as a high-risk DApp by DappRadar, so users are advised to be cautious and monitor the project. Rarible (DApp) — Rarible is a multi-chain NFT trading platform where users can create “mint” and trade digital collectibles. On April 20th, the project indicated that the auction for The Smurfs NFTs would end in a few hours. The recent auction of the highly popular Smurfs NFT on Rarible has increased UAW. 9.DApp Ecosystem — WAX Chain Neftyblocks(DApp) is an NFT trading platform on the WAX blockchain. According to data from third-party data websites, the platform’s traffic ranks behind SuperRare and LooksRare in the NFT space, with more popularity in the European and American regions. 10.DApp Ecosystem — Solana Chain MeanFi (DApp) — A permissionless, self-custodial bank on Solana, with main modules including a payment stream system, an aggregated DEX, etc. The project has been a top DeFi application on Solana for a long time, with many ecosystem collaborations. However, there is no recent significant update about the project. 11.DApp Ecosystem — Arbitrum Chain Space ID (Token) — On April 18th, SPACE ID announced the formation of a DAO Treasury, which will use 50% of the total net revenue generated by the SPACE ID platform (including revenue from domain name registration, renewal, gift card purchases, and SPACE ID market fees) to buy and burn ID tokens, while the remaining 50% will be added to the DAO treasury in the form of stablecoins and managed by all eligible ID token holders. On April 20th, Space ID announced its listing on OKX, and the token has seen high levels of community activity recently. 12.DApp Ecosystem — GameFi Sector Across All Chains Nine Chronicles (DApp) — A blockchain game supported by Ubisoft, with 129,000 Twitter followers including 91 KOLs. On April 10th, the monthly report was released, showing a monthly active user base of 32,000. The game is running campaigns, but there are no recent significant updates. 13.Gas Fee Consumption — ETH Chain PEPE (Token) — A frog-themed memecoin with a very strong wealth effect, having experienced a 4500x increase since its launch. It has been widely discussed worldwide, and OKX has released a poll where the community chooses whether it belongs to the “dog” or “frog” camp, generating expectations for PEPE listing on OKX. Currently, the trading pair is available on Bitget. 14.Gas Fee Consumption — BSC Chain XEN (Token) — On April 18th, the bidding activity for XENKnights officially began. XENKnights is an experimental collection of only 100 unique art pieces inscribed on satoshis on the Bitcoin blockchain. A total of 100 XENKnight ordinals will be auctioned to the highest bidders, and the XEN tokens from the top 100 bidders will be burned. 15.Gas Fee Consumption — Polygon Chain LFi NFT (NFT) — A free mint NFT built on Polygon. It is available on OpenSea, with a total supply of 1.1 million and over 10,000 holders. The on-chain minting activity is very hot. https://opensea.io/collection/lfi-nft-1 XEN Torrent (NFT) — XEN NFT is currently deployed on 10 different EVM-compatible chains, with over 1 million addresses minting it. With recent price increases, on-chain arbitrage has become active again. https://opensea.io/collection/xenft-by-xen-crypto/activity 16.Gas Fee Consumption — Arbitrum Chain Camelot Router (DApp) has seen a significant increase in usage frequency and gas fee burn, thanks to the positive market sentiment for trading memecoins such as Aidoge and Shibai. Historical data shows that every significant increase in the amount of gas burned by DEXs is often accompanied by active trading of certain hot tokens. 17.Twitter Trends Token Top 20 There is no data available for today due to issues with the data source update. 18.Token Mentioned Frequency by KOLs on Twitter There is no data available for today due to issues with the data source update. 19.Token Mentioned Frequency by VCs on Twitter There is no data available for today due to issues with the data source update. 20.Google Trends — Global The most frequently mentioned Google search terms: PEPE, ARB, Why Crypto Crash PEPE (Token) — A frog-themed memecoin with a very strong wealth effect, having experienced a 4500x increase since its launch. It has been widely discussed worldwide, and OKX has released a poll where the community chooses whether it belongs to the “dog” or “frog” camp, generating expectations for PEPE listing on OKX. Currently, the trading pair is available on Bitget. ARB (Token) — Arbitrum has transferred 1 ARB token to the Curve DAO address for public testing to verify DAO’s control over funds. The decisions of the Arbitrum Foundation have a significant impact on the trend of the token. Therefore, following the development of events may reveal good trading opportunities. Why Crypto Crash (Event) — Yesterday, there was a flash crypto crash. BTC and ETH both fell by over 3% and 4% respectively within an hour, triggering a market correction. The average leverage ratio of market participants is currently high, and cryptocurrency volatility is significant, so users need to be aware of trading risks. 21.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: BTC, OLYMP Pakistan Trending Tokens: BTC, XEN b) Southeast Asia Region Philippines Trending Tokens: FTX, BTC Vietnam Trending Keywords: Crypto news Indonesia Trending Tokens: Luna, BTC, MEME Malaysia Trending Keywords: AVAX Singapore Trending Tokens: Gala, Crypto Crash c) East Asia and Hong Kong, Macau, and Taiwan Trending Tokens: WTK, XDC 22.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: Watchlist, Crypto News b) English-speaking Countries UK Trending Tokens: XRP, INJ Australia Trending Tokens: BTTC, GRT, IRC, ETH USA Trending Keywords: Why crypto crashing, Crypto Drop, Crypto Down Canada Trending Tokens: FILM, XRD, (radix), CHZ, ICP, PEPE, XEN, HBAR c) Europe Spain Trending Tokens: ETH, ADA, CASH, BTC, CTSI, UNI Italy Trending Tokens: PEPE, BTC, BRISE, HBAR, LITE France Trending Tokens: UNI, XRP, PEPE, FIL, FTT Germany Trending Tokens: BTC, XRP, TRON Belgium Trending Tokens: TAMADOGE, WAVES, ETH Turkey Trending Tokens: BTC 23.Google Trends Surge — Middle East, Latin America, Africa a) Africa Trending Tokens: Shib; Trending Keywords: why crypto falling, coinbase, crypto jobs, dca b) Middle East Trending Tokens: BTC; Trending Keywords: Crypto Market, Binance, Crypto Bubbles, Crypto Crash c) Latin America Brazil Trending Tokens: BTC, ARB, RIO, UNI Argentina Trending Tokens: XRP, BTC

Solana's $6M Hack: How to Protect Your Money with the Bitget Protection Fund

August 3, 2022 was a dark day for the crypto world. Panic and chaos struck as a mass attack swept the burgeoning Solana blockchain. A total of 8,000 wallets were hacked and 6 million USD drained. What happened that day and how could we avoid such a horrendous attack from happening again? When A Mid-Summer Dream Turned Nightmare Solana was a new and thriving blockchain. It was ranked the top 5 blockchain by total value locked. It was a night in Solana Summer Camp Hackathon that promised 5 million USD in prize and funding. Thousands of people rejoiced around the world to "meet up with hackathon builders, find teammates, and learn about developing on Solana". All was going well… At approximately midnight of August 2 (UTC), words started to circulate about wallets on the flourishing Solana blockchain being drained. As more and more people came to social media to report their lost funds, fear quickly casted a looming shadow over the whole crypto market. Fear led to panic, panic led to questions and rumors. Is it a targeted attack? Or is it done indiscriminately? How many wallets have been affected? Will the attack stop? When will it stop? Is a Solana-specific bug the cause? Or what are the contributing factors? Words began to spread mid-night August 2 that a widespread attack on Solana was happening The commotions were bewildering. Getting truth from noise at that time was no easy feat. But one thing was becoming crystal clear: that a specially designed smart contract to alter the network or wallets for mass attack was not the case; the affected wallets were signing and approving transactions as the very owners. The reality was a far more worrying case, as thousands of wallets' private keys were compromised. Did Solana have an innate bug that disclosed private keys? Since most hacked wallets were on mobile, was it a mobile-specific vulnerability? Or since many hacked wallets were Slope's, was it a certain wallet's error? While people were flocking to find the cause of leaked private keys, a Github widespread malware attack was discovered at the same time, targeting many crypto-related projects and making that night a mid-summer nightmare. Information about Github malware attack happening simultaneously as the Solana wallet hack added fuel to the chaotic fire. The Github team was quick to jump in and resolve the problem. It turned out that one developer found a problem with Github and was attempting to test-exploit it on one variable. That developer even claimed to be able to prove the attack server was his and he could prove it. In the end, the Github attack was blown out of proportion and had nothing to do with the Solana one. But talk about perfect timing, it sure added to the chaos and fear. As the crypto community flocked to understand the Solana hack, a heroic individual took it upon himself to overwhelm the network and slow down the attacker in a DDOS attack. People on crypto Twitter hailed him as "the hero we need but don't deserve". The massacre slowly came to an end while the sun was peeking over the horizon. When the sun glared at the top of our head, Solana left everyone with a promise to gather "[e]ngineers from across several ecosystems, in conjunction with audit and security firms, [...] to investigate the root cause of [the] incident". Solana Co-founder and Solana Lab CEO, Anatoly Yakovenko, was quick to blame iOS and Android for the attack on his personal Twitter account. Then after a seemingly more profound investigation, Solana concluded that: "it appears affected addresses were at one point created, imported, or used in Slope mobile wallet applications." Slope Finance since then has issued an official statement regarding the attack on their Medium and put up a bounty worth 10% of the total hacked amount with the condition that the original hacker returned 90% of the total hacked amount. Whether that desperate bounty is effective, we shall see. The Solana Foundation also created a form to collect information about the compromised wallets during the mass attack. Affected users should fill out the form here. The Aftermath Solana's backers like Chamath Palihapitiya and Andreessen Horowitz said that Solana could be a great challenger to Ethereum, since the former is superior in speed and fee. But after this attack, a good old question is raised: "Is cheaper and faster necessarily better when that makes the blockchain a perfect target for hackers?" Even though the SOL price dropped only 3% since the massacre happened and the activity was restored to normal, crypto users are still bugged with how to better protect their money. How to Protect Your Money Against Malicious Crypto Attacks Crypto and DeFi are often boasted as the future of finance by many believers, but it cannot be denied that security is still a problem for both crypto users and non-crypto users. Regulations are starting to be implemented in different parts of the world to better protect crypto investors. Yet, in this wild-west industry, DYOR (do-your-own-research) and protecting yourself should be the first thing that comes to mind. For new investors, you should read about different kinds of crypto wallets here. After the recent Solana incident, many users have come to social media to demand Solana and Slope return their money. While it is difficult for users to lose their hard-earned money, it is also difficult for such projects to churn out millions of dollars to compensate their users all at once. That's probably why Slope has that bounty in vain. Instead of telling the attacker to pay back your money, you should think about insurance or other types of protection that 100% guarantee to mitigate the risk of money loss. Bitget's 200- million-USD Protection Fund is a notable example. The fund, which consists of 6000 BTC and 80 million USDT, will have its value secured for the next three years. It will cover loss for users if such loss is not a consequence of the user's or the platform's behaviour. In that case, the user may contact support@bitget.com within 30 days of the incident, and the Bitget team will conduct a thorough investigation to ensure fairness and security for the user. To best protect our user's money, 80 million USDT is available in the Fund to reduce volatility and the Fund is totally self-funded to work efficiently without external bureaucracy. Also, Bitget implements stringent KYC and AML policies, and rigorously follows local compliance regulations, with the aim of strengthening its standards, establishing utmost security, and maintaining a regulated operation. To find out more about Bitget's Protection Fund, please visit here. Follow Bitget Academy for more insights: Twitter | Telegram | LinkedIn | Facebook | Instagram

Blockchain 101: Different Blockchain Consensus Mechanisms

This article will explain how consensus mechanisms determine the characteristics of a blockchain and what it means for us - enthusiastic adopters of the blockchain technology. Blockchain and Consensus Mechanisms Here is a quick reminder: The blockchain technology allows us to encrypt records of data into blocks then chain them together to create a chronological single source of truth. What makes blockchain powerful is its decentralised nature; blockchain-based databases are publicly accessible but no adjustments can be made without the agreement of a quorum of the network participants, ensuring trust, security and transparency. So we did mention the network participants. Also referred to as the “nodes”, they are indeed the stakeholders of decentralised networks, whose tasks contribute to the secure and proper functioning of the whole network, such as verifying, confirming transactions, acting as communication centres and staying alert for any potential data alterations. A consensus mechanism is defined to make sure that all nodes work in sync with each other. It also dictates the particular security and incentive scheme of one network. Please note that we focus on public blockchains only, for we are more likely to interact with this blockchain type in our daily transactions. Two representatives of public blockchains are the legendary Bitcoin and Ethereum. Not just PoW and PoS Both Bitcoin and Ethereum use the Proof-of-Work (PoW) mechanism to regulate the state of the network since their genesis, but Ethereum is gradually moving to Proof-of-Stake (PoS) with their Ethereum 2.0 plan. Bitcoin, however, will stick with PoW as its code is immune to consensus change and, just as important, Bitcoin’s ties to energy consumption will keep its value always connected to real-life costs. Other types of blockchain consensus are less common and mainly adopted to match a network’s strategic priorities. Proof-of-Work (PoW) As the name suggests, this type of consensus requires an arduous amount of “work”. Network participants, called miners, are equipped with sophisticated software and powerful computers to find the solution to extremely complicated mathematical problems, through which a new, valid block is created. Normally, cryptocurrency difficulty is positively correlated with the number of miners, that is, the difficulty level is designated to rise when there are more miners joining the network, meaning a) higher security is achieved with more miners and b) fairness is guaranteed for all miners. Moreover, PoW blockchains are truly decentralised in terms of the organisation as well as the location, because miners will set up camp where there is cheap electricity in pursuit of maximum incentives. Electricity is available at a small charge in several places around the world, hence mining activities are scatteredly distributed worldwide. Proof-of-Stake (PoS) More environmentally friendly than PoW is PoS, which relies completely on financial staking. To become a “node” in a PoS network is to lock up funds in a special smart contract and receive the chance to publish a new block. The PoS algorithm selects stakers randomly based on their shares of funds in the network, for example a staker whose funds make up 10% of the total staked funds has a 10% chance of new block production. Incentives are also distributed to stakers proportionally to the ratio between their staking and the total staked funds. As a result, this mechanism is a main driver of value for PoS cryptocurrencies. Examples: Avalanche, Cardano, Algorand. Delegated Proof-of-Stake (DPoS) DPoS adds a democratic refinement to the somewhat centralised PoS. While economic resources directly affect the validation process in PoS, stakers have the power to vote on block producers in the DPoS network. These block producers, also known as delegators/witnesses, will be elected based on the amount of staking delegated to them, which reflects their reliability and trustworthiness. Incentives as well as penalties will be shared between stakers and delegators, promoting greater democratisation within the network. Delegators usually stay active in order to remain accountable, which can significantly speed up the transaction process. Examples: EOS, Tron. Nominated Proof-of-Stake (NPoS) NPoS is similar to DPoS but the voting process is more cultivated. The stakers, called the nominators, will choose a set of validators by assigning their token collaterals. Validators with the most collaterals will be granted the responsibility of producing new blocks, but the final set of validators can be quite different from the sets nominated. This ensures that every nominator has a good chance of receiving rewards and validators also need to deem themselves worthy of community trust. Examples: Polkadot, Kusama. Proof-of-Authority (PoA) Another consensus mechanism that puts great emphasis on the social capital of node validators is PoA. The community selects and gives most reliable users and strategic partners of the project, i.e. users with a vested long-term interest in the future success of the network, the right to produce new blocks. Of course it is not all about the “social status”; these approved validators should as well stake their funds as proof of their pure motive. Examples: VeChain, TomoChain. Proof-of-History (PoH) Solana was the first to introduce a hybrid of PoS and PoH in 2018 with a promise of faster, more efficient and secure validating process. A cryptographic clock is integrated into each node in the Solana network, whereby each piece of data is recorded in verifiably chronological order and with a specific timestamp. Instead of waiting for responses from other nodes, each validator can decide on the validity of block messages independently, thus accelerating the consensus process for Solana transactions. Above are the most common consensus mechanisms in the blockchain space, each utilised by a number of projects whose names should definitely ring a bell with you. There is, of course, a non-exhaustive list of consensus mechanisms existing and to be soon created following the growth of the blockchain sector. No matter how different their design is, the ultimate goal of consensus is simply to maintain effective operations of blockchains. That being the case, developments in consensus algorithms are expected to protect data integrity with its key attributes of uniqueness, consistency and honesty.