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UAE investors may invest $200 billion in altcoins in the near future

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01.07.2024

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As the cryptocurrency market attempts to recover and may soon end its bearish trend, investors around the world are looking for new investment options. They are particularly interested in utility tokens such as DTX Exchange, as well as the cryptocurrencies Cardano (ADA) and Bitcoin Cash (BCH) due to their attractive features and potentially high returns. Cardano (ADA) suffered a DDoS attack Recently, the Cardano (ADA) blockchain suffered a DDoS attack, but it had little impact on the main network. According to insiders, the attack began in block 10,487,530 of Cardano (ADA). Despite ongoing attacks targeting smart contracts, Cardano's (ADA) design kept the network fully operational by balancing the load and avoiding a single point of failure.

This attack was characterized by a surge in malicious activity to disrupt operations. It started at block 10,487,530 and included transactions that were executed by 194 REWARD smart contracts, each spending 0.9 ADA per transaction. Despite the attacker's attempts to overload the network with complex transactions, the Cardano (ADA) structure prevented any major disruptions.

Gox will pay out Bitcoins, Bitcoin Cash (BCH) Once the world's largest Bitcoin exchange Mt. Gox is finally ready to pay Bitcoin (BTC) and Bitcoin Cash (BCH) to its creditors after almost a decade. Exchange trustee Nobuaki Kobayashi announced that payments in Bitcoin (BTC) and Bitcoin Cash (BCH) will begin in early July 2024. This decision follows extensive preparations to ensure the security and compliance of transactions.

A total of 142,000 BTC, 143,000 Bitcoin Cash (BCH) and $432 million in various fiat currencies will be paid out. The total US dollar value of the bitcoins exceeds $9.4 billion and will go to approximately 127,000 creditors who waited more than 10 years for a refund after the collapse of Mt. Gox in 2014.