🚀 LogX (LOGX): Revolutionizing DeFi Trading 🔥
🚀 Let's dive into key features and potential of $LOGX in this captivating thread! 🧵👇
1️⃣ Introduction: LogX is an on-chain consumer super app designed to elevate DeFi trading beyond centralized exchanges (CEXs). With over 50 blockchain networks supported and a gasless trading experience, it combines speed, security, and scalability to rival traditional finance. #LogX #DeFiRevolution
2️⃣ Technology: LogX’s cutting-edge platform supports 30,000+ transactions per second with 100 ms latency. Users can enjoy AI-powered trading, decentralized liquidity, and multi-chain compatibility without gas fees, offering a seamless trading experience. #Blockchain #GaslessTrading
3️⃣ Whitepaper Highlights: The LogX whitepaper emphasizes its outstanding performance and scalability, capable of supporting millions of users across more than 50 blockchain networks. The focus on user experience is evident through its fast and gasless transactions, designed to be both cost-efficient and high-speed. #Whitepaper #DeFiTech
4️⃣ Use Case: LogX supports various consumer products such as prediction markets and meme coin launchpads. $LOGX serves as both a governance token and gas fee mechanism, rewarding liquidity providers and traders within the ecosystem. #DeFi #LOGX
5️⃣ Team: Co-founded by blockchain veterans Anshu Agrawal and Akshit Bordia, LogX benefits from their experience in scaling fintech and crypto products, bringing innovation to decentralized finance. #Leadership #DeFiTeam
6️⃣ Partnerships: LogX partners with key players like GMX, Pyth Network, Arbitrum, and more, enhancing liquidity and reach across blockchain ecosystems. Strategic partnerships with top investors further bolster its DeFi positioning. #Partnerships #Blockchain
7️⃣ Security: LogX’s protocols undergo regular audits by firms like Peckshield. Advanced security measures like multi-signature wallets ensure the safety of user assets, solidifying trust in the platform. #Security #Audits
8️⃣ Tokenomics: With a supply of 1 billion $LOGX tokens, the tokenomics incentivize liquidity mining, staking, and community rewards. A portion is allocated for team and investor growth, ensuring sustainable development. #Tokenomics #Crypto
9️⃣ Exchanges: $LOGX is tradeable on major exchanges such as HTX, KuCoin, Gate.io, and many more. Cross-chain routing enables seamless trading across blockchain networks, enhancing liquidity and accessibility. #CryptoExchanges #DeFiTrading
🔟 Recent Developments: LogX secured $10.17M in funding and has surpassed $2B in trading volume. With new features and strategic partnerships, the platform is growing rapidly, shaping the future of decentralized finance. #Growth #DeFiInnovation
🌐 Conclusion: LogX (LOGX) is setting a new standard in DeFi by offering fast, secure, and scalable trading solutions. With its strong leadership, innovative tech, and commitment to improving user experience, LogX is poised to become a leading force in decentralized finance. #DeFi #LogX
🌟If You find this post useful Repost, Save, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha { linktr.ee/CryptoSimbha } 🦁🙏🏻

#BinanceTurns7 #DEFI #DEX #Layer2 #CEX $UNI
$1INCH
$STG

- Ransomware attacks experienced a significant increase in 2023, culminating in the theft of an unprecedented $1 billion in cryptocurrency, as revealed by a recent Chainalysis report.
- Notable victims of these attacks encompassed a wide range of entities including individuals, institutions, media outlets, hospitals, airlines, and governmental organizations.
- Chainalysis highlighted the emergence of novel ransomware strains such as CL0P, which employed sophisticated "big game hunting" strategies to target corporations.
- To obscure the trail of illicit gains, hackers opted for mixers and cross-chain bridges over centralized exchanges (CEXs) for laundering funds, complicating the tracking process.

Blockchain hacks drained nearly $2 billion from decentralized finance (DeFi) protocols in the past year, as disclosed in a report by Chainalysis, a prominent blockchain security firm. However, a significant revelation within the same report points out that approximately $1 billion of cryptocurrency payments to hackers originated from ransomware attacks.
The escalation in ransomware attacks, reaching an unprecedented high in 2023, has caught the attention of cybersecurity experts. Chainalysis attributes this surge to the emergence of 538 new ransomware variants, with the notorious CL0P being the most prominent among them. The attackers adopted diverse strategies, including the "big game hunting" tactic to target major entities, like hospitals, media outlets, and government institutions.
CL0P, in particular, stood out for exploiting "zero-day vulnerabilities" to access victims' data, opting to publicly expose it instead of encrypting it. Other ransomware variants, such as Phobos, operated on a ransomware-as-a-service (RaaS) model, enabling cybercriminals to share profits with collaborators.
Chainalysis revealed the challenges in tracking and halting ransomware funds, as hackers employed cross-chain bridges, instant exchangers, mixers, and underground exchanges to obfuscate the source and destination of funds. In 2023, only 7% of ransomware payments were directed to centralized exchanges (CEXs), while the majority flowed into alternative platforms with lower Know Your Customer (KYC) requirements and reduced accountability.
The report underscores the need for the crypto community to address the rising threat of ransomware, emphasizing the complexity of criminal strategies and the importance of collaborative efforts in tracking and preventing illicit activities. The fluid movement of funds across different blockchains and platforms highlights the ongoing challenge for law enforcement agencies. As the crypto landscape continues to evolve, vigilance, research, and informed decision-making remain essential in navigating this volatile financial space.
Disclaimer: While Voice of Crypto aims to provide accurate and current information, readers are advised to conduct their research and make independent financial decisions due to the high volatility of cryptocurrencies. The platform is not liable for any missing facts or inaccuracies in the provided information.

#Rasomware #CEX #Chainalysis #cryptocurrency #Crypto2024

Post By: CryptosHeadlines.com

Centralized and decentralized exchange aggregator Orion has introduced a fee model for DEX trades that sets it apart from Uniswap. In contrast to many DEX platforms, Orion does not charge any fees on trades, providing users with a cost-effective way to manage their crypto assets.Uniswap recently introduced a 0.15% fee on certain asset swaps, including ETH, WBTC, and USDC. This fee adds to protocol fees that can be set through governance. Orion, on the other hand, maintains its zero percent fee for DEX trades and offers rates as low as 0.25% for CEX trades. This makes Orion a more cost-effective option compared to many AMMs and even Uniswap. Orion also supports stablecoin swaps with a pricing fee as low as 0.03%, making it an economical choice compared to platforms like Curve.
Stephane Doueihi, DAO Ambassador of Orion, emphasized the importance of users retaining more value from their trades, as fees on DEXs can accumulate over time. Orion’s 0% fee structure for DEX trades and a fee as low as 0.25% for CEX trades position it as a highly cost-efficient aggregator in the market.
Orion provides access to tier-one exchanges such as Binance, OKX, and KuCoin, offering deep liquidity through its single terminal. This allows traders to access desired assets at their preferred price without experiencing the slippage seen on other DEX platforms. For onchain swaps, Orion’s zero-fee approach lets users bypass Uniswap’s 0.15% tax and retain more value in their personal wallets.
About Orion
Orion is a platform that combines liquidity from major centralized and decentralized exchanges worldwide. It’s designed to help traders access a wide range of crypto assets and get the most favorable prices. Orion stands out because it offers lower fees compared to other aggregators. For instance, it charges nothing for decentralized exchange (DEX) trades, making it more cost-effective than AMMs like Uniswap and Curve. This means traders can keep more of their crypto when they make swaps. If you want to learn more, you can visit their website: (https://orion.xyz).
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #CryptoNews #Orion #CEX #Uniswap

In the vibrant world of Solana’s meme coins, a new star is rising, promising not just a wave but a tsunami of opportunities for the keen investor. Byat ($BYAT), affectionately known as “$BONK Goes Gyat,” is setting the crypto world alight with its current presale. As the saying goes, “The early dog gets the Byat,” and this couldn’t be truer for those ready to leap into its presale phases, each offering a golden ticket to be part of the next big success story in the $SOL ecosystem.IntroductionAgainst the backdrop of Solana’s dynamic and sometimes tumultuous crypto landscape, Byat emerges as a beacon of innovation and resilience. Drawing inspiration from the legendary success of Bonk, Byat is not just another memecoin; it’s a tribute and a testament to the power of community, innovation, and the untapped potential within the Solana network. With a presale that’s about to change the rules of the game, Byat stands as a bold invitation to investors seeking not just profits, but a place in crypto history.Presale: Catch the Wave Early!Presale has already begun! 60% of presale has been sold. Grab a bag at 20% off listing price now. Get ready to be part of crypto history!The Phases of OpportunityAs momentum builds, the price is set to $0.00008.Before you know it, Byat reaches $0.0001, still a bargain before its imminent explosion onto DEX & CEX platforms.Immediate Listings: The Promise of LiquidityPost-presale, Byat won’t keep you waiting. DEX & CEX listings are immediate, setting the stage for unprecedented accessibility and liquidity. “The only problem you’re gonna have is that you didn’t buy more,” a sentiment that will resonate with those who seize this moment.Presale Funds Allocation: Transparency Meets StrategyA Glimpse into the TreasuryByat’s commitment to transparency shines with all funds being publicly viewable at the Presale Funds Address: ByatyqXiTCVNEkL4Hifq8XLjxSwhV4w4r2n2D6xYX6nx (byatcoin.sol). This move not only builds trust but invites investors to witness the strategic deployment of their contributions firsthand.Allocation Breakdown50% to #DEX & #CEX Liquidity: Ensuring robust and sustainable order books is paramount. Byat is gearing up to create bustling markets on Raydium & Orca for DEXs, while CEX strategies include in-house market making for smaller exchanges and collaborating with top-tier market makers & LPs for the big leagues.13.3% to Bonk Holdings: Embracing its roots, Byat will DCA purchase Bonk tokens post-presale, holding a significant 13.3% of its funds in the meme coin that started it all.6.7% to Marketing & Hype: The team is set to turbocharge Byat’s visibility, aiming to eclipse the Solana community’s excitement seen during Bonk’s rise.30% to CEX Listings: Navigating the costly waters of CEX listings, this allocation ensures Byat’s global tradability, aiming for partnerships with reputable exchanges.Project Features & Tokenomics: A Legacy of InnovationProject FeaturesByat sets itself apart through a series of distinctive features and ambitious goals, rooted in the success story of Bonk but with an eye towards pioneering its own path:Bonk Symmetry: Byat aims to offer latecomers to the Bonk phenomenon a chance to partake in similar opportunities for profit, establishing a symbiotic relationship with Bonk’s market movements.DEX Offering: The introduction of $BYAT on decentralized exchanges, paired with $BONK , is designed to potentially mirror or even exceed Bonk’s success trajectory.Bonk Reserves: Committing to holding 13.3% of its value in Bonk, Byat ensures transparency and confidence in its financial strategies, with holdings verifiable on its website and through its wallet address.Community Focus: A cornerstone of Byat’s strategy is rewarding community engagement through contests, AMAs, and discussions, recognizing the vital role the community plays in a project’s success.Interoperability Ambitions: Looking to create products that are interoperable with Bonk’s offerings, Byat is not just another memecoin but a project with tangible goals in the ecosystem.These features underscore Byat’s commitment to not only thriving within the Solana ecosystem but also contributing to its growth and sustainability.Project TokenomicsThe tokenomics of Byat are meticulously designed to promote fairness, growth, and sustainability. The total supply, allocation strategies, and mechanisms for maintaining the coin’s value are all crafted with an eye towards long-term viability and community benefit:A finite supply ensures scarcity and value preservation.Strategic allocation for development, marketing, and community rewards fosters growth and engagement.Reserves in Bonk provide a tangible asset base, enhancing investor confidence.These tokenomics principles reflect a balanced approach to fostering a healthy economic environment for Byat, promoting both stability and growth.Conclusion: Byat The Meme Coin Revolution ContinuesByat stands as a monument to what meme coins can achieve when backed by a robust community, innovative features, and strategic foresight. As the presale looms, the anticipation is palpable, not just for the profits it promises but for the continuation of a legacy that Bonk began. Byat is more than an investment; it’s a journey into the heart of Solana’s meme coin revolution. The early dog gets the Byat, and the wise investor gets a piece of the future.Official LinksWebsite: https://byatcoin.com/PreSale site: https://presale.byatcoin.com/Twitter: https://twitter.com/byatcoinTelegram: https://t.me/byatcoinWhitepaper: https://byat.gitbook.io/byats-whitepaper/🪷#MemeCoinAnalysis #memecoin $1000SATS #100xgems Disclaimer:This content is sponsored by BYAT. I am not a financial advisor.