What’s next for Mono Protocol: Reward hub expansion, beta launch, MONO presale growth

Ripple has launched an Advisory Council aimed at advancing its XRPL, DeFi initiatives, and quantum research. This move is significant as it highlights Ripple's commitment to innovation and leadership in the blockchain space, potentially paving the way for new developments in decentralized finance and technology.

BOB has launched an innovative Bitcoin Vault Liquidation Engine that allows bitcoin holders to borrow stablecoins using their BTC as collateral. This development is significant as it enhances the security of assets on the Bitcoin network while addressing a key challenge in the decentralized finance (DeFi) space. By facilitating BTC-backed lending, BOB is paving the way for more users to engage with DeFi, potentially increasing the adoption of cryptocurrencies.

Yucky Ducks is making waves by bridging digital collectibles with real-world impact through innovative Web3 technology. This initiative not only enhances the value of digital assets but also emphasizes the importance of community engagement and social responsibility. As more people embrace digital collectibles, Yucky Ducks stands out by ensuring that their creations contribute positively to society, making this development significant for both collectors and the broader community.

Mono Protocol has reached an exciting milestone by entering Stage 15, securing a $2.8 million raise, launching its Reward Hub, and completing a Smart Contract Audit. These developments are significant as they enhance the safety and connectivity of web3 and decentralized finance (DeFi) experiences, setting the stage for a more robust digital economy in 2025.

SharpLink is making waves in the crypto world with its plan to deploy $200 million in Ethereum through a partnership with Linea. This move is expected to significantly impact Ethereum's scaling and decentralized finance (DeFi) landscape, paving the way for greater institutional adoption and improved governance. As the crypto market continues to evolve, such strategic partnerships are crucial for driving innovation and enhancing the overall ecosystem.

Today's crypto news highlights the latest trends and events affecting Bitcoin prices and the broader cryptocurrency landscape. With ongoing developments in blockchain technology, decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3, it's crucial for investors and enthusiasts to stay informed. Understanding these changes can help navigate the evolving market and make better investment decisions.

A recent hack involving 402bridge has resulted in over 200 users losing their USDC due to unauthorized transactions. GoPlus Security, a web3 security firm, raised the alarm on October 28, warning users about the excessive authorizations linked to the protocol. This incident highlights the vulnerabilities in decentralized finance platforms and underscores the importance of robust security measures to protect users' assets.

Althea crypto is making waves in the DeFi and telecom sectors, with its native token skyrocketing by over 190% in just a week. This surge comes as interest in altcoins grows, driven by FOMO among investors. Althea aims to provide a decentralized alternative to traditional telecom services, potentially challenging the monopoly held by companies like Starlink. This development is significant as it highlights the increasing demand for decentralized solutions in the telecom industry.

Dogecoin is experiencing a significant surge in trading activity, with a 60% increase in volume over the last 24 hours, surpassing $2 billion in total traded value. While the price remains relatively stable at around $0.21, this spike in volume suggests a potential rally could be on the horizon. This is particularly noteworthy as it indicates growing interest and activity in the cryptocurrency market, which could lead to price movements in the near future.

Sequans, a company known for its Bitcoin treasury management, has transferred 970 BTC to Coinbase Prime. This move could indicate a strategic shift in how they manage their crypto assets, which may influence market dynamics and affect investor confidence. As the cryptocurrency landscape continues to evolve, such actions by companies can signal broader trends and shifts in the market.

Maple Finance is making a significant move towards sustainability by ending SYRUP staking and adopting a buyback model, a decision supported by its community. This shift is important as it aims to create a more stable revenue stream, enhancing the long-term viability of the platform and potentially benefiting its users.

In a remarkable undercover operation, law enforcement recovered $700,000 worth of Bitcoin miners and thwarted a $75,000 frozen turkey heist. This incident highlights the growing intersection of cryptocurrency and crime, showcasing the innovative methods used by authorities to combat theft in the digital age. The successful sting not only prevents significant losses but also sends a strong message about the seriousness of cybercrime and the importance of vigilance in protecting valuable assets.

World Liberty Financial is making waves by announcing an airdrop of 8.4 million WLFI tokens to early users of its USD1 stablecoin. This initiative not only rewards early adopters but also strengthens the community around the stablecoin, encouraging more participation and investment. It's a significant move that highlights the company's commitment to its users and the growth of its ecosystem.

XRP's price has recently softened after a brief increase above $2.550, now facing resistance around $2.650. This shift indicates potential weakness in momentum, raising concerns about a possible decline in the near term. The price is currently trading below $2.60 and has broken below a key bullish trend line, which could limit any upward movement. Understanding these fluctuations is crucial for investors as they navigate the volatile cryptocurrency market.