Upbit Listing for ZETA and OMNI Leads Up to 40% Price Rally

coingapePubblicato 2024-05-03Pubblicato ultima volta 2024-05-03

Introduzione

South Korea’s largest cryptocurrency exchange Upbit recently announced the listing of two altcoins Zetachain (ZETA) and Omni Network (OMNI) leading to a strong spurt in trading volumes. This has led…

South Korea’s largest cryptocurrency exchange Upbit recently announced the listing of two altcoins Zetachain (ZETA) and Omni Network (OMNI) leading to a strong spurt in trading volumes. This has led to a strong surge in both these crypto assets with prices jumping as high as 40%.

ZetaChain (ZETA) Price Jumps 40%

Soon after the news of listing by Upbit, Zetachain’s native crypto ZETA surged by a staggering 40%. As of press time, ZETA is trading 40.51% high at $1.86 with a market cap of $494,482,651 while the daily trading volume has surged by 91% all the way to $178,546,135. As reported by Upbit, ZETA will be available for trading against Korean Won (KRW), Bitcoin (BTC), and Tether (USDT).

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ZetaChain is a layer 1 mainnet designed to facilitate omnichain smart contracts and foster interconnectivity among diverse blockchain networks. Built on the Cosmos SDK framework, we maintain multiple validators engaged in the block creation process to ensure consensus.

Additionally, we operate observers and signers to facilitate cross-chain communication. Observers gather data from external chains and transmit it to Zeta Chain, while signers manage Zeta Chain accounts on external chains in a decentralized manner using the TSS function. ZETA serves as the native digital asset of Zeta Chain, utilized for various purposes including transaction fee payments, staking and delegation, and engagement in governance processes.

Omni Network (OMNI) Price Jumps 10%

Another altcoin Omi Network (OMNI) has also surged by 10% shooting all the way past $20.5 levels. As of press time, OMNI is trading at $9.47 with a market cap of $202 million and the daily trading volume jumping 110% all the way to $93,829,009. OMNI will be available to trade on Upbit against the BTC and USDT trading pairs.

Omni Network stands as a layer 1 blockchain engineered to foster interoperability among Ethereum rollups, addressing the fragmentation of liquidity, users, and developers brought about by the rapid proliferation of such rollups.

Employing a dual chain architecture, our aim is to facilitate swift and efficient cross-chain transactions through Integrated Consensus and Dual Chain Architecture. Furthermore, as EigenLayer’s Active Validated Service (AVS), it upholds initial protocol stability by integrating an Ethereum-derived security system via ETH restaking.

OMNI, the native token of Omni Network, finds utility in payment of transaction fees, staking and delegation, and active participation in governance processes.

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Letture associate

Attention, Bitcoin Users! Today's Hack May Be Larger Than You Think. Here's What to Do

Bitcoin users are urged to take immediate action following the disclosure of a critical security vulnerability. Hardware wallet manufacturer Coinkite has revealed a flaw in the seed phrase generation process for certain Coldcard Mk3 devices running firmware versions 4.0.1 through 5.0.3. All bitcoin addresses created from seed phrases generated on these potentially affected devices are now considered at risk. This warning coincides with an ongoing investigation into a major hack that drained approximately 1,082.65 BTC (worth roughly $70.2 million at the time) from 1,196 single-signature wallets in just 41 minutes on July 30. Security analysts believe the coordinated thefts, which used identical transaction fees and left no change, were executed by an automated tool scanning for compromised private keys. Notably, this attack occurred about 30 hours before Coinkite's public disclosure of the Coldcard vulnerability, raising concerns of a possible connection. Experts strongly recommend that impacted Coldcard Mk3 users do not consider their old seed phrase safe. The advised course of action is to generate a completely new, secure seed phrase on a trusted, modern hardware wallet and then transfer all funds to addresses derived from this new seed. Simply moving the old, potentially compromised seed to a new device is not sufficient.

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Attention, Bitcoin Users! Today's Hack May Be Larger Than You Think. Here's What to Do

cryptonews.ru1 h fa

Bitcoin in August: Experts Expect Range Testing, Not a Quick Reversal

Experts anticipate Bitcoin will remain under pressure in August, lacking momentum for a sustained rally after a partial July recovery. The price, trading around $63.5k, is seen stuck in a $60-65k range. Analysts cite a challenging macro environment of high U.S. rates, persistent inflation, and a strong dollar as key headwinds, alongside record ETF outflows. Historically, August is a weak month for crypto. Experts outline three main scenarios: a base case of sideways movement between $58-68k (50% probability), a bearish drop to $50-55k (30%), or a bullish push toward $71-75k (20%). Key levels to watch are support at $60-61k and resistance at $67k. While some see current prices as attractive for long-term accumulation, most warn of potential short-term downside, with a retest of $60k or even a fall toward $53k possible. A decisive market turnaround is not expected before Q4, making August a month for testing key levels rather than a major breakout.

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Bitcoin in August: Experts Expect Range Testing, Not a Quick Reversal

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Coldcard Hardware Wallet Hacked: 594 Bitcoin Withdrawn in 25 Minutes

The Coldcard hardware wallet has been compromised, with hackers stealing approximately 594.5 Bitcoin (~$40 million) from 500 addresses in just 25 minutes. The root cause was a critical software bug, undetected for five years, which disabled the device's secure chip for generating true random numbers. This led to the creation of private keys based on predictable data like the processor's serial number, drastically reducing cryptographic security. The attackers exploited this offline by brute-forcing possible seed phrases, finding active addresses on the public ledger, and signing transactions. Initially, Coinkite (Coldcard's maker) claimed only older models were at risk but later admitted all devices running the compromised firmware were vulnerable. CEO Rodolphe Novak (NVK) apologized but ruled out financial compensation for affected users. To secure funds, owners must urgently update their firmware to specific safe versions, generate a completely new seed phrase on the updated device, and transfer all assets to new addresses created with that new seed. While a BIP-39 passphrase can help, it does not replace this migration process. Other Coinkite products like TAPSIGNER were not affected. This incident underscores that even specialized hardware requires rigorous, independent code audits, especially for cryptographic functions. It parallels past failures, like a 2006 OpenSSL bug in Debian, and raises questions about whether automated code analysis can ever fully replace human scrutiny in critical security areas.

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Coldcard Hardware Wallet Hacked: 594 Bitcoin Withdrawn in 25 Minutes

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Tether (USDT) Publishes Anticipated Financial Results for the Second Quarter! Here's Its Current Status and Assets

Tether, the world's largest stablecoin issuer, has published its Q2 2026 financial results. According to an independent audit by BDO, the company reported a net operating profit of approximately $1.5 billion and an excess of assets over liabilities totaling $4.11 billion. As of June 30, 2026, the circulating supply of USDT was roughly $184.6 billion, marking an increase of about $446 million from the prior quarter. Tether now holds over 60% of the global stablecoin market share. The $1.5 billion profit was primarily generated from U.S. Treasury bills and repurchase agreements. Total assets stood at approximately $187.75 billion against liabilities of $183.64 billion, with $183.62 billion of liabilities tied to issued digital tokens. Key actions during the quarter included a reduction of secured loans by $2.38 billion (down 15%) and an addition of 14 tons to its physical gold holdings, bringing the total to over 146 tons. CEO Paolo Ardoino reaffirmed that USDT remains fully backed by reserves despite market volatility. He also noted that the company is undergoing a comprehensive independent audit with one of the "Big Four" accounting firms.

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Tether (USDT) Publishes Anticipated Financial Results for the Second Quarter! Here's Its Current Status and Assets

cryptonews.ru2 h fa

Circle Reaches Major Regulatory Milestone, Receives Trust Charter from New York Department of Financial Services (NYDFS)

Circle, a financial services and stablecoin company, announced it reached a key regulatory milestone by receiving a Limited Purpose Trust Charter from the New York State Department of Financial Services (NYDFS). This charter allows Circle to expand its operations in New York to include asset custody services, issuance of NYDFS-approved stablecoins, and management of the reserves backing them. The approval positions Circle's USDC stablecoin within a regulated framework and follows the company's earlier receipt of a national trust bank charter from the U.S. OCC. CEO Jeremy Allaire stated this achievement reflects over a decade of compliance commitment and aligns with NYDFS's high standards, comparable to those for full commercial banks, as digital dollars become central to the global financial system.

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Circle Reaches Major Regulatory Milestone, Receives Trust Charter from New York Department of Financial Services (NYDFS)

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Trading

Spot

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Come comprare ZETA

Benvenuto in HTX.com! Abbiamo reso l'acquisto di ZetaChain (ZETA) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente ZetaChainZETA.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva ZetaChain (ZETA)Dopo aver acquistato ZetaChain (ZETA), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia ZetaChain (ZETA)Scambia facilmente ZetaChain (ZETA) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

140 Totale visualizzazioniPubblicato il 2024.12.12Aggiornato il 2026.06.02

Come comprare ZETA

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di ZETA ZETA sono presentate come di seguito.

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