GameCredits priceGAME

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$X Empire ($X ) is a rapidly emerging cryptocurrency that has garnered significant attention since its launch in July 2024. Initially introduced as Musk Empire, the project rebranded to X Empire in September 2024 to reflect its broader vision and expanding ecosystem. Operating as a tap-to-earn (T2E) game on the Telegram platform, X Empire allows players to engage with an Elon Musk-inspired avatar, earning in-game currency that can be converted into real tokens tradable on various exchanges. The game emphasizes strategic play and community engagement, setting it apart in the play-to-earn sector. Within a few months of its debut, X Empire attracted over 50 million users, with 15 million connected wallets and 12 million daily active users, highlighting its widespread adoption and trust within the crypto community. As of February 21, 2025, X Empire is trading at approximately $0.000061 USD, with a 24-hour trading volume of $49,113,681 USD. The token has a circulating supply of 690 billion X coins, leading to a market capitalization of around $42,340,514 USD. Despite a recent 0.92% dip in the last 24 hours, the coin's performance indicates potential for growth. Analysts have noted that X Empire has experienced significant price fluctuations over the past month, with a notable decline of 59.50% against the Indian Rupee (INR). However, the token has shown resilience, with a 2.3% increase in value over the past 24 hours and an 8.8% rise over the past week. The X Empire token is available for trading on several centralized crypto exchanges, with Bitget being the most active platform, boasting a trading volume of $47,233,705 in the last 24 hours. Other notable exchanges include Bitunix and Bybit, providing traders with multiple avenues to engage with the token. While some forecasts suggest a potential rise in $X Empire's price by 226.42%, reaching $0.000182 by March 21, 2025, it's essential to approach such predictions with caution. The cryptocurrency market is inherently volatile, and while X Empire's growing user base and active community are promising indicators, potential investors should conduct thorough research and consider their risk tolerance before investing. In summary, $X Empire stands out as a trustworthy and innovative player in the cryptocurrency landscape, offering a unique blend of gaming and earning opportunities. Its rapid adoption and active community support underscore its potential for future growth. However, as with any investment, it's crucial to stay informed and exercise due diligence. $X

The SEC’s newly formed Cyber and Emerging Technologies Unit (CETU) marks a significant escalation in the agency’s efforts to combat cryptocurrency fraud. Announced on February 20, 2025, CETU replaces the previous Crypto Assets and Cyber Unit, expanding its scope to address the growing wave of scams targeting retail investors in the crypto space. With high-profile incidents like Argentine President Javier Milei’s alleged “rug pull” and meme coin launches by the Trump family fresh in mind, the unit aims to root out bad actors exploiting blockchain technology for illicit gains. Led by Laura D’Allaird, CETU will leverage a team of 30 fraud specialists and attorneys to investigate and prosecute misconduct, focusing on areas like market manipulation and hacking of crypto assets. This initiative signals a tougher stance on crypto crime, promising to enhance investor protection while fostering legitimate innovation in the sector. The SEC’s Acting Chairman Mark T. Uyeda emphasized that CETU will “clear the way for innovation to grow” by eliminating fraudulent practices that undermine trust in digital currencies. Artificial intelligence-driven fraud is another key battleground for the SEC’s new Cyber and Emerging Technologies Unit. As AI tools become more sophisticated, scammers are using machine learning and generative AI to create convincing social media scams, fake websites, and phishing schemes targeting unsuspecting investors. CETU’s expanded mandate includes combating these advanced threats, ensuring that emerging technologies aren’t misused to perpetrate financial fraud. The unit’s focus on AI scams comes at a critical time, as the rapid adoption of AI in finance has opened new vulnerabilities. By deploying its team’s substantial fintech and cyber expertise, CETU aims to stay ahead of bad actors using AI to manipulate markets or deceive investors. This proactive approach is expected to bolster cybersecurity in the financial sector, protecting retail investors from the next wave of tech-driven misconduct. Beyond crypto and AI, CETU’s broader mission includes enhancing cybersecurity across all emerging technologies, from blockchain to cloud computing. The unit will address compliance issues and cyber-related threats that could erode trust in financial markets, such as data breaches and unauthorized access to digital assets. This holistic approach reflects the SEC’s recognition that cybersecurity is integral to maintaining market efficiency and investor confidence. Under Laura D’Allaird’s leadership, CETU will complement the work of the SEC’s Crypto Task Force, led by Commissioner Hester Peirce, to create a robust defense against cyber threats. By prioritizing areas like dark web fraud and social engineering attacks, the unit aims to create a safer environment for innovation while holding perpetrators accountable. This move is seen as a game-changer for the SEC’s enforcement capabilities in an increasingly digital world. The launch of CETU underscores the SEC’s commitment to balancing technological innovation with robust regulation. While emerging technologies like AI, blockchain, and 5G offer transformative potential, they also introduce new risks that require vigilant oversight. CETU’s mandate includes facilitating capital formation and market efficiency by clearing out fraudulent actors, allowing legitimate projects to thrive without fear of misconduct tarnishing their reputation. Acting Chairman Mark T. Uyeda highlighted that CETU will “root out those seeking to misuse innovation to harm investors,” ensuring that emerging tech sectors can grow sustainably. By targeting specific threats like AI-driven fraud and crypto market manipulations, the unit aims to build a foundation of trust that encourages investment in cutting-edge technologies. This strategic focus positions the SEC as a forward-thinking regulator in the digital age.

Ethereum Layer 2 platform, Abstract, has released an initial post-mortem on a security incident that resulted in the compromise of approximately $400,000 worth of ETH across 9,000 wallets interacting with Cardex, a blockchain-based game on its network. The report clarified that the breach stemmed from vulnerabilities in Cardex’s frontend code rather than an issue with Abstract’s core infrastructure or session key validation contracts. Cardex Wallet Compromise The incident revolved around the misuse of session keys, a mechanism in the Abstract Global Wallet (AGW) that allows for temporary, scoped permissions to improve user experience. While session keys themselves are a well-audited security feature, Cardex made a critical error by using a shared session signer wallet for all users, a practice that is not recommended. This flaw was further amplified by the exposure of the session signer’s private key to Cardex’s frontend code, which ultimately led to the exploit. According to Abstract’s root cause analysis, attackers identified an open session from a victim, initiated a buyShares transaction on their behalf, and then used the compromised session key to transfer the shares to themselves before selling them on the Cardex bonding curve to extract ETH. Importantly, only the ETH used within Cardex was affected. Meanwhile, users’ ERC-20 tokens and NFTs remained secure due to session key permissions limitations. The timeline of events indicates that the first signs of suspicious activity were flagged at 6:07 AM EST on February 18th when a developer posted a transaction link showing an address draining funds. In less than 30 minutes, Cardex was suspected as the source of the exploit, and security teams quickly mobilized to investigate. Within hours, mitigation steps were taken. This included blocking access to Cardex, deploying a session revocation site, as well as upgrading the affected contract to prevent further transactions. Abstract has outlined several measures to prevent future incidents of this nature. Going forward, all applications listed in its portal must undergo a stricter security review, including front-end code audits to prevent the exposure of sensitive keys. Additionally, session key usage across listed apps will be reassessed to ensure proper scoping and storage practices. Documentation on session key implementation will be updated to reinforce best practices. What’s Ahead In response to this breach, Abstract is also integrating Blockaid’s transaction simulation tools into AGW, which will help users to see what permissions they are granting when creating session keys. Further collaborations with Privy and Blockaid are underway to improve session key security. A session key dashboard will also be introduced in The Portal, which is expected to give users a centralized interface to review and revoke their open sessions. The post Ethereum Layer 2 Platform Abstract Reports $400K Crypto Breach in Cardex Incident appeared first on CryptoPotato.

Fort Knox, the golden sanctuary where America hides its reserves, is suddenly in the spotlight. Donald Trump promises to uncover its secrets. Prediction markets are going wild: bets on an audit before May 2025 are skyrocketing to 70%. Between skepticism and speculative fever, one question looms: what do the walls of this legendary bunker really hide? On February 19, Trump drops a media bomb: “We will check if the gold is there.” A terse statement, but loaded with implications. Behind this announcement lies an astonishing mix of unlikely actors: the blog ZeroHedge, libertarian senator Rand Paul, and Elon Musk, who has just unveiled his Grok 3 , always on the lookout for upheavals. This trio transforms a simple bureaucratic routine into a real financial thriller, captivating attention and fueling speculation. Why this obsession ? The last audit dates back to 1974. Half a century of opacity. Trump, as a pragmatic showman, plays on two fronts: reassuring traditionalists and enticing crypto-anarchists. “If there is no gold, we will be very disappointed,” he hints, between threat and confidence. A phrase that makes the markets tremble. The crypto community rejoices. For them, Fort Knox symbolizes everything Bitcoin rejects: opacity, centralization, blind trust. “Gold can lie, the blockchain cannot,” forums proclaim. A cruel irony: the audit of an ancestral metal inadvertently becomes a marketing argument for digital assets. On Polymarket, a crypto betting platform, the event is selling like hotcakes. Odds are rising in real-time: 64% chance of an audit before May, 17% for missing reserves. Dry numbers, but revealing a latent distrust. Every dollar bet is a vote against the status quo. In the shadows, Kalshi, Polymarket’s rival, is preparing its counter-offensive. Brandon Beckhardt, head of growth, promises operational markets by February 20. The race is on: who will capture the collective anxiety better than the other? The platforms are turning uncertainty into a financial product. A dangerous game, but profitable. Meanwhile, the XRP ETF 2025 sees its approval odds jump to 81% on the same markets. Coincidence? Not really. The Fort Knox audit acts as a catalyst, revealing a thirst for transparency that benefits assets continuously audited.