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Next Cryptocurrency to Explode, 20 January — Near Protocol, Hedera, EigenLayer, Compound

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The altcoin market looks promising, and many altcoins are recording gains. Late last year, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things have mostly been on the green side for many investors since November. Investors need to stay alert during this consolidation phase, as it could be a chance to catch a ride on a rising trend. Prices of various altcoins are already showing positive movements, even before the market takes off entirely. This article is dedicated to identifying the next cryptocurrencies to explode and inform investors and traders about each token. Next Cryptocurrency To Explode Savvy investors capitalized on this year’s boom in the altcoin market and taking positions in upcoming tokens like the Meme Index. Meme Index simplifies investing in meme coins by offering exposure to a curated collection of meme coins, reducing individual risks. 1. Near Protocol (NEAR) NEAR Protocol is making wav...

Compound Finance and Celer Network websites compromised in ‘front-end’ attacks

The websites of crypto lending platform Compound Finance and Celer Network have been attacked, redirecting users to a malicious phishing site, according to multiple security researchers. Compound, one of the longest-established decentralized finance (DeFi) applications, holds assets worth over $2B, according to data from DeFiLlama. Celer’s cBridge allows users to send tokens between 14 blockchains, processing over $200M in volume last month. Security advisor to the Compound DAO, Michael Lewellen, posted a community alert via X (formerly Twitter), urging users to avoid the platform’s website . Compound Finance confirmed the attack 90 minutes later. The breach was highlighted earlier by ZachXBT via Telegram. ALERT: The https://t.co/vSAGYl6wwJ URL has been compromised and is currently hosting a phishing site. DO NOT interact with the https://t.co/vSAGYl6wwJ website until further notice. The Compound protocol itself is not impacted and all smart contract funds are safe. — Mich...