One of the top crypto games, Super Sushi Samurai (SSS), was recently targeted by a hacker who managed to pilfer over $4.6 million in tokens from the network. Super Sushi Samurai is built on Blast, a layer-2 network.
The hack led to a significant decline in the value of SS, and it dropped by more than 99% according to the blockchain security firm CertiK. The liquidity pool used for decentralized finance services on the ecosystem was drained by the hacker using an “infinite mint” attack that exploited a flaw in Blast’s code.
Meanwhile, Monero (XMR) and Celestia (TIA) challenger, InQubeta (QUBE), has brought its investors considerable returns since its presale started. Over $12.6 million has been raised as the emerging crypto’s presale enters its ninth stage, while early investors have enjoyed 300% returns.
InQubeta (QUBE) is crowned the best cryptocurrency to invest in
InQubeta’s ICO is now in the same league as some of the biggest cryptocurrencies in the world. It’s on course to raise more than the $15 million the Binance Coin (BNB), with the fourth largest market cap in the crypto space, raised during its initial coin offering.
InQubeta’s objective is to open up access to artificial intelligence (AI) investments by creating a decentralized finance space on its blockchain, which is built on the Ethereum network.
Investments in AI have grown by over 1,000% since 2015, a sign of the growing number of investors who expect the artificial intelligence space to reshape how many industries function and what everyday life looks like. These bullish attitudes toward artificial intelligence aren’t expected to go away anytime soon with projections anticipating as much as $1.5 trillion is directed into AI by 2030.
This puts InQubeta in position to see exponential growth as it offers more accessible AI investments to its users. QUBE, the project’s governance token and native currency, comes with a 1.5 billion cap and burn taxes to cut down the number of tokens circulating some more. This means QUBE’s price will skyrocket as its market cap grows.
QUBE, currently priced at $0.028 could be worth hundreds or thousands of dollars in the next several years as capital flows into the ecosystem. This makes it one of the best coins to invest in to build generational wealth.
Opening up the AI space with ERC20 coins
InQubeta’s NFT marketplace will highlight the role the tokenization of real-world assets will play in the financial space in the coming years. BlackRock, one of the largest asset managers in the world, recently launched a new fund that tokenizes the U.S. dollar on the Ethereum blockchain and many more companies will imitate InQubeta’s approach in the future.
InQubeta allows AI startups to tokenize investment opportunities they’re offering investors into non-fungible tokens (NFTs) users can purchase on the marketplace. These tokens can be resold just as easily, giving investors lots of liquidity.
Blast gets a break after $4.6 million exploit
In an interesting twist of fate, it turns out the hacker who took over $4.6 million in tokens from its blockchain did it to highlight the vulnerability in Blast’s ecosystem. The hacker has now contacted the SSS team and both parties are working on how to reimburse affected users.
Monero (XMR) could be poised for a bull run
Monero has enjoyed over 10% growth in the last month after failing to enjoy substantial gains in the past year. That might be a sign its prices are preparing to go on a long overdue bull run.
Celestia’s value drops by 18% in the past month
While Celestia has enjoyed over 554% growth in the past year, its value has shrunk by 18% in the last 30 days while most cryptos have enjoyed gains. Some analysts are now suggesting its incredible bull run might be at an end.
Summary
QUBE, XMR, and ETH are altcoins to watch right now as analysts predict exponential growth in their near future. QUBE is expected to grow by as much as 10,000% this year.
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