AltSignals Blog

Radix, a top-performing Layer 1 blockchain, proposes a 1 billion XRD community incentives program for increased ecosystem engagement. The initiative aims to redirect funds from a previous stablecoin project to a multi-season rewards campaign. This strategic pivot seeks robust liquidity and support for dApp developers while distancing from unsustainable airdrop practices. The move comes before the launch of Radix’s Hyperscale testnet aiming for unmatched transactional throughput. The incentive campaign is designed to attract more users, capital, and liquidity, establishing Radix as a serious player in the upcoming DeFi wave.

Amid the ongoing financial turmoil, Swiss Francs and Gold outpace Bitcoin as top safe-haven assets. The Swiss Franc tumbles to 0.8100 on the USD/CHF exchange rate, making it one of the best-performing currencies this year, while Gold surges to a record high of $3,240. The analysts predict a potential global recession, with major economies warning of a drop in the US GDP and a rise in the jobless rate to 5%.

The article discusses the success of Lightchain AI in the midst of a turbulent crypto market. The company’s focus on long-term utility, smart ecosystem development, structured growth, compatibility with leading AI frameworks, and decentralized infrastructure contributes to its resilience and appeal to investors. With a unique approach, Lightchain AI turns market panic into opportunities, offering real-world viability amidst hype-based projects.

Binance launches LDUSDT, a new reward-bearing margin asset, increasing capital efficiency for users. It allows users to convert USDT to LDUSDT and use it for futures trading while earning APR rewards. The launch follows significant growth in Binance’s Earn and Futures platforms. The LDUSDT asset is set to go live in April 2025.

Ripple announces its aggressive leap into the stablecoin arena with RLUSD on Kraken, leaving investors to question the implications for XRP. Meanwhile, faster-rising altcoin Yeti Ouro is gaining considerable attention with its successful pre-sale and coupling GameFi with DeFi earning mechanisms in exciting new gaming project Yeti Go.

BlockDAG’s strategic partnership with SpaceDev aims to boost its growth and position it as a leading blockchain network by 2025. The collaboration aims to ramp up tech development and attract more developers. Additionally, initiatives such as the Ambassador Program, hackathons, and a grants program will foster innovation and community engagement. Joint marketing initiatives will strengthen BlockDAG’s brand recognition.

U.S. Treasury Secretary Scott Bessent emphasizes the need for a proactive approach to Bitcoin and crypto policy. President Trump signs an executive order to explore the establishment of a U.S. digital asset stockpile, and considers potential Bitcoin purchases for a reserve. The article also reveals that the U.S. government owns substantial Bitcoin holdings accumulated through criminal crackdowns. The proposed policy shift aims to position the U.S. as a global leader in digital asset management.

North Korean hackers steal $1.4 billion from Bybit by breaching a Mac laptop through a fake stock investment project, bypassing AWS security. The cyberattack is currently the largest crypto theft on record. The Mandiant investigation reveals various tactics used by the hacking group, including social engineering and session token hijacking. Bybit divulged that approximately 20% of the stolen funds remain untraceable. Post-attack, precautions have been put into place to enhance cybersecurity.

BlockDAG launches its first hackathon in partnership with HackerEarth, providing a $30m funds to web3 developers for creating new dApps, DeFi solutions and smart contracts. The global event offers an exclusive chance to explore and learn about decentralized applications with the chance to win funding. The program is open to all levels of developers and offers extensive networking and long-term growth opportunities.