↑ RAD Coin Emerges as a Popular Cryptocurrency in the Market
Radicle (RAD) - an open-source network for software collaboration - has been on the spotlight recently in the crypto market . Investors are...
The recent movements in the cryptocurrency market have been driven by a mix of positive and negative events. WazirX, a major exchange, has suffered a large-scale hack, leading to the loss of $32M in Ether. Intriguingly, the illicit funds were transferred to Tornado Cash, a privacy-focused Ethereum mixer. On a more encouraging note, Burton has collaborated with the US Mint to create a unique dollar coin featuring a snowboarder.
Radworks (RAD) has achieved some significant milestones. RAD was listed on INDODAX, Indonesia's largest crypto exchange, and attracted substantial new investments from Ayre Ventures. Radworks has been busily expanding its ecosystem, notably with a deal to power ROW8's premium movie streaming service through NFT technology. Rad NFTV, Radworks' innovative streaming platform, has highlighted BSV (Bitcoin Satoshi Vision) as its chosen ledger and hard drive solution.
However, the market has not been kind to some crypto enterprises. DeFi protocol Penpie experienced an exploit resulting in a $27M loss, sending PNP token prices spiraling by 40%. Other tokens like Radicle (RAD) have also been hit hard, facing a steep drop in trading volume due to investors' migration to rival tokens.
In line with ongoing trends, NFTs continue to pervade different industries, including Hollywood and movies. The RAD-ROW8 deal exemplifies this, as NFTs are used to power ROW8's streaming service. Radix also unveiled RadQuest, a game-changing platform for onboarding users into the Web3 and DeFi realms.
However, the crypto market still has to address vulnerabilities like hacks, token minting exploits, and illicit fund transfers, all of which have been highlighted in recent events.
RAD Coin News Analytics from Tue, 04 Mar 2014 08:00:00 GMT to Wed, 25 Sep 2024 11:56:00 GMT - Rating 4 - Innovation 3 - Information 6 - Rumor 1