Cathie Wood’s Ark Invest has significantly increased its stake in Tempus AI ($TEM) by acquiring over 600,000 shares across its funds since the star...
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Missed DOGE’s Early Days? Could Remittix Be the Next Big Crypto of 2025?
Dogecoin got its start in 2013 but took a leisurely stroll through the crypto world with little excitement until 2021. That`s when things really heated up for Dogecoin. It initially crept up and then skyrocketed, climbing a staggering 60,000% in just two months. While Dogecoin`s glory days are a thing of the past, many sharp investors have their sights set on a new venture that might witness a similar meteoric rise: Remittix . This dynamic PayFi initiative addresses significant issues in the booming cross-border payments industry, prompting analysts to anticipate substantial price hikes in the near future. So, how is Dogecoin (DOGE) performing now, and what potential does Remittix (RTX) hold for 2025? Dogecoin (DOGE) Registers 20.13% Monthly Increase Dogecoin finds itself in a new phase, currently 49.74% below its all-time high from years ago. As 2025 began, Dogecoin (DOGE) was on shaky ground due to significant volatility, but it has managed to secure a 20.15% gain over the past month. Technical analysis indicates that Dogecoin (DOGE) is forming a bullish reversal pattern known as a rounding bottom. Nonetheless, some investors are branching out into emerging projects like Remittix that offer utility and promise more stable returns over time. Remittix Revolutionizes Global Payments Remittix is simplifying global transactions in a lucrative market valued at $190 trillion today, projected to grow to $290 trillion by 2030. Combining crypto with traditional FIAT systems through its innovative PayFi system, Remittix is swiftly becoming one of the fastest-growing cryptocurrencies of 2025. Remittix (RTX) allows users to convert more than 40 cryptocurrencies into fiat, enabling direct bank account transfers worldwide. Unlike conventional payment systems bogged down with excessive fees and sluggish processing times, Remittix (RTX) offers straightforward pricing and rapid transactions. Its transparency and cost-effectiveness make it a standout in the competitive financial landscape. A highlight of Remittix (RTX) is its robust Remittix Pay API. This tool empowers businesses to accept crypto payments and convert them to fiat for deposit into their preferred bank account. This provides freelancers and merchants with greater flexibility, allowing them to handle over 40 fiat currencies and more than 50 cryptocurrency pairs. Another appealing feature is the multi-currency wallet on the platform, which lets users manage numerous fiat and crypto assets from a single account. This makes it particularly attractive for freelancers, international businesses, and digital nomads engaging in frequent cross-border transactions. Remittix Surpasses $5.2 Million in Presale Remittix (RTX) is making waves in its presale, with tokens priced attractively at just $0.0282. As projects with real-world utility gain traction in the crypto arena, Remittix stands out for addressing tangible issues. Analysts foresee a remarkable price increase of 800% by the end of the presale. Positioned to lead in the lucrative cross-border payments sector, Remittix is a project not to be ignored in 2025. Explore the future of PayFi with Remittix by visiting their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. TipRanks
Hackers Use Nasdaq’s X Account in $80M Fake Meme Coin Scam
The official X account of the global electronic marketplace Nasdaq was apparently hacked and used to promote a fake meme coin named STONKS. Blockchain data shows that the bogus token’s market cap skyrocketed to $80 million before eventually collapsing. How the Scam Unfolded According to various reports, the attackers took control of the Nasdaq account and linked it to a fake X profile, @nasdaqmeme, complete with a gold verified badge marking it as an affiliate. They then made a post promoting the fake STONKS coin and retweeted it with the Nasdaq account, which has over 133,000 followers. The retweet and the apparent connection between the two accounts created a facade of credibility, duping unsuspecting investors into buying the token. Within hours, STONK’s value soared 390 times its original price, with data from DEXscreener showing that the token reached a market capitalization of $80 million and trading volumes in excess of $185 million. However, the cryptocurrency’s meteoric rise ended abruptly as its value plummeted to zero, leaving investors with huge losses. Some accounts suggest that the scammers walked away with at least $4 million after rugging the coin. Interestingly, the fraudulent profile used in the con was a copycat of an existing Solana meme coin, STNK, with the social media handle @STONKS_SOL. The legitimate STONKS team has warned the crypto community about the rip-off and announced plans to sue the sham project. STNK was launched in April 2021 as the first-ever joke token on the Solana network. It is based on the “Stonks” meme created in 2017 by Henry Hooper and made famous by the Gamestop short squeeze saga on r/wallstreetbets. Social Accounts Under Threat The hacking incident sparked widespread reactions across the community, with many expressing disbelief at its audacity and sophistication. Crypto trader CRG described it as the “best grift” they had ever seen, while other users pointed out the alarming ease with which the fraudsters secured a verified affiliate badge. At the time of this writing, Nasdaq had not commented on the incident, although the offending post has been deleted, and the @nasdaqmeme account has been suspended. Incidents of bad actors taking over social media accounts to promote phony cryptocurrencies have been on the rise lately. Towards the end of last year, blockchain investigator ZachXBT exposed an elaborate scheme where hackers compromised 15 X accounts and used them to promote fake coins. The criminals reportedly made away with at least $500,000 from the operation. In another incident , a different group of scammers targeted the social media accounts of celebrities, including singer Usher, rapper Wiz Khalifa, and actor Dean Norris, to push a slew of counterfeit tokens on Pump.fun, stealing as much as $3.5 million in the process. The post Hackers Use Nasdaq’s X Account in $80M Fake Meme Coin Scam appeared first on CryptoPotato . TipRanks