Invest ideasNews
1 Jun 2026, 06:02
Top Trader Says XLM Is About to See a Historic Mega Breakout. Here’s the Signal
XLM could be approaching a major technical breakout. MikybullCrypto (@MikybullCrypto), a well-known analyst, believes the next altcoin cycle could send the asset significantly higher. In a recent post, he stated that XLM could soon experience a “mega breakout,” and projected a bull market target range of $5 to $11. His chart points to a long-term structure that has developed over several market cycles. It also arrives shortly after a major catalyst for the Stellar ecosystem helped fuel the latest advance in XLM’s price . $XLM is about to experience a mega breakout in history The upcoming altcoins season will be huge The bull target price ranges between $5-$11 pic.twitter.com/v16PTNPZrJ — MikybullCrypto (@MikybullCrypto) May 31, 2026 XLM’s Repeating Structure The monthly chart highlights a series of repeating highs and lows dating back to 2017, with key turning points labeled A through E. The pattern shows XLM repeatedly finding support along a rising trendline while meeting resistance near the same horizontal zone. Points B and D mark previous peaks that reached the resistance area, while points A and C identify major lows that formed along the ascending support trendline. The latest point, labeled E, marks another successful retest of that long-term support line. XLM has once again bounced from the trendline while remaining within the broader structure that has guided price action for years. The analyst views the current setup as similar to previous periods that preceded strong upward moves. Another prominent analyst recently predicted that XRP and XLM could make millionaires soon , and the projected path on the chart shows XLM breaking above the long-standing resistance area. This would set it on a path toward substantially higher levels. XLM’s Latest Bounce The most recent upward move at point E coincided with a major development for the Stellar network. Last week, the Depository Trust & Clearing Corporation (DTCC) announced plans to connect its tokenization platform to the Stellar blockchain as part of its multi-chain strategy. The initiative aims to support tokenized representations of assets held within the traditional financial system. The announcement triggered a sharp rally, with the token posting one of its strongest advances in months. That move created the upward monthly candle visible near point E on MikybullCrypto’s chart. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The development added fresh momentum just as XLM tested a critical area of long-term support. The combination of technical strength and a major institutional blockchain integration has strengthened bullish sentiment around the asset. What’s Next for XLM? MikybullCrypto believes the current setup is the beginning of a much larger move that could culminate in a double-digit target . He expects the upcoming altcoin season to be huge, with a target range between $5 and $11 for XLM. Based on the chart, a breakout above the long-standing resistance zone would represent the next major technical milestone. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Top Trader Says XLM Is About to See a Historic Mega Breakout. Here’s the Signal appeared first on Times Tabloid .
1 Jun 2026, 05:39
Gravity Bridge Loses $5,4M in Suspected Key Compromise Attack
According to blockchain security researchers, the incident may have been caused by a compromised contract key, which allowed an attacker to withdraw millions in USDC, WETH, USDT, and PAXG. After the exploit, the Gravity Bridge team halted bridge operations and instructed validators to stop their validators and orchestrators while the incident is investigated. Hackers Steal $5.4M From Gravity Bridge Gravity Bridge, a decentralized cross-chain protocol that enables asset transfers between the Ethereum and Cosmos ecosystems, suffered a major security incident that resulted in the loss of approximately $5.4 million worth of digital assets. The exploit was first identified by on-chain analyst Specter, who reported unusual outflows from the protocol and suggested that the bridge’s contract key may have been compromised. According to Specter, the suspected compromise allowed an attacker to gain unauthorized access and drain funds from the protocol. PeckShield provided more details about the stolen assets. The firm reported that the attacker made off with roughly $4.3 million in USDC, 274 Wrapped Ether (WETH) valued at approximately $553,000, around $434,000 in USDT, and 14.164 PAX Gold (PAXG) tokens worth approximately $64,000. PeckShield further revealed that some of the stolen assets were already moved through instant asset-swapping service ChangeNow and through Binance, which could be efforts by the attacker to launder portions of the stolen funds. Despite these movements, the security firm pointed out that the primary theft wallet was still holding approximately 2,102 ETH, valued at around $4.23 million at the time of its report. After the discovery of the exploit, the Gravity Bridge team acknowledged the incident through social media and urged validators to immediately halt both their validators and orchestrators while the situation was investigated. The project later confirmed that the bridge itself had been halted as a precautionary measure to prevent any further unauthorized activity. Gravity Bridge serves as an important interoperability solution between Ethereum and Cosmos-based networks. The protocol allows users to transfer assets from Ethereum to Cosmos wallets and decentralized exchanges like Osmosis, while also enabling the movement of Cosmos-native assets back to Ethereum-based platforms, including decentralized exchanges like Uniswap. Unlike some bridge designs that rely on centralized multisignature wallets or small groups of operators, Gravity Bridge utilizes its broader validator set to authorize transfers, making it one of the more decentralized bridge architectures in the blockchain industry.
1 Jun 2026, 02:45
Upbit to Temporarily Halt MEGA Deposits and Withdrawals for Network Upgrade
BitcoinWorld Upbit to Temporarily Halt MEGA Deposits and Withdrawals for Network Upgrade South Korean cryptocurrency exchange Upbit has announced a temporary suspension of deposits and withdrawals for Megaether (MEGA), scheduled to take effect at 11:00 a.m. UTC on June 4. The exchange cited an upcoming network upgrade as the reason for the pause. Suspension Details and Timeline According to Upbit’s official notice, the suspension will begin at 11:00 a.m. UTC on June 4. During this period, users will be unable to deposit or withdraw MEGA tokens through the platform. The exchange has not yet specified when normal services will resume, though such suspensions typically last until the network upgrade is completed and stability is confirmed. Upbit advised users to complete any pending MEGA transactions before the cutoff time to avoid delays or processing failures. The exchange also noted that trading of MEGA on its order books may continue during the suspension, depending on market conditions. Why Network Upgrades Trigger Suspensions Network upgrades, often implemented through hard forks or protocol changes, can temporarily disrupt blockchain operations. Exchanges like Upbit routinely suspend deposits and withdrawals during such events to prevent transaction errors, double-spending risks, or the processing of transactions on an incompatible chain. This is a standard precautionary measure across major cryptocurrency trading platforms. For MEGA holders, the suspension means that tokens cannot be moved into or out of Upbit during the upgrade window. However, balances held on the exchange remain unaffected and will be credited after the network stabilizes. What This Means for Traders For active traders on Upbit, the suspension introduces a temporary liquidity constraint for MEGA. Those looking to move tokens to other exchanges or wallets should plan ahead. The suspension may also affect arbitrage opportunities between Upbit and other platforms that continue to support MEGA deposits and withdrawals. Upbit has not disclosed the exact nature of the network upgrade, but such events often involve improvements to scalability, security, or smart contract functionality. Traders are advised to monitor Upbit’s official announcements for updates on resumption timing. Conclusion Upbit’s temporary suspension of MEGA deposits and withdrawals on June 4 is a routine operational measure tied to a network upgrade. While the pause may cause short-term inconvenience for some users, it is designed to ensure transaction integrity and network stability. Affected users should complete transfers before the deadline and stay tuned for further updates from the exchange. FAQs Q1: Will my MEGA balance on Upbit be affected by the suspension? No. Your MEGA balance will remain safe and unchanged during the suspension. Only deposits and withdrawals are paused. Q2: Can I still trade MEGA on Upbit during the suspension? Yes, trading may continue as usual on Upbit’s order books, though this is subject to the exchange’s discretion. Q3: How long will the suspension last? Upbit has not specified an exact end time. Suspensions typically last until the network upgrade is completed and the exchange confirms network stability. This post Upbit to Temporarily Halt MEGA Deposits and Withdrawals for Network Upgrade first appeared on BitcoinWorld .
1 Jun 2026, 02:30
Bithumb to End Multichain Support for Swell Network, Suspends Deposits and Withdrawals
BitcoinWorld Bithumb to End Multichain Support for Swell Network, Suspends Deposits and Withdrawals South Korean cryptocurrency exchange Bithumb has announced it will discontinue multichain support for Swell Network (SWELL), effectively suspending deposit and withdrawal services for the token on the Swell Chain. The decision follows the termination of the Swell Chain network service, prompting the exchange to adjust its infrastructure. Timeline and Scope of Changes According to Bithumb’s official notice, SWELL deposits and withdrawals via Swell Chain will be halted starting at 2:00 a.m. UTC on June 2. The move applies exclusively to transactions on the Swell Chain, meaning users may still be able to access SWELL through other supported networks, depending on Bithumb’s ongoing review. The exchange has not yet clarified whether it will add alternative chain support for SWELL or delist the token entirely. Why This Matters to Traders Swell Network is a liquid staking protocol built on Ethereum, and its native token SWELL has been traded on several exchanges. Bithumb’s decision to end multichain support on Swell Chain signals a shift in the exchange’s risk management and network compatibility strategy. For users holding SWELL on Bithumb, this means they must withdraw or transfer their tokens before the deadline to avoid potential fund lockups. After the suspension, deposits made via Swell Chain may not be credited, and withdrawals could fail. Impact on Market and User Confidence While the suspension is limited to one network, it underscores a broader trend among centralized exchanges reassessing multichain support amid security concerns and network instability. For Swell Network, losing support from a major Korean exchange could reduce liquidity and accessibility for Korean traders. Bithumb has not cited a specific reason for the termination, but similar decisions in the past have been linked to low transaction volumes, technical issues, or network sunsetting. Conclusion Bithumb’s termination of Swell Chain support for SWELL is a technical but consequential move for users of the exchange. With a clear deadline of June 2, affected traders should act promptly to manage their assets. The decision also reflects ongoing volatility in exchange-supported networks, reminding users to verify chain compatibility before depositing tokens. FAQs Q1: What is Bithumb changing regarding Swell Network? Bithumb is ending multichain support for SWELL on the Swell Chain, meaning deposits and withdrawals via that network will be suspended. Q2: When will the suspension take effect? The suspension begins at 2:00 a.m. UTC on June 2. Q3: Can I still trade SWELL on Bithumb after the deadline? Trading may still be possible if SWELL remains listed on other supported networks, but deposits and withdrawals on Swell Chain will be unavailable. Users should check Bithumb’s announcements for updates. This post Bithumb to End Multichain Support for Swell Network, Suspends Deposits and Withdrawals first appeared on BitcoinWorld .
1 Jun 2026, 01:00
Circle Targets Post-Quantum Security In Bold USDC Roadmap
Users who fail to migrate their accounts before quantum computers become a practical threat would not automatically lose their assets under Circle’s new plan — the company is proposing recovery frameworks tied to cryptographic proofs, seed phrase verification, exchange records, and even court orders if necessary. A Long Road, Not A Quick Fix Circle, which issues the USDC stablecoin across more than 30 blockchain networks, published a post-quantum security whitepaper on Friday outlining how it intends to prepare USDC and its upcoming Arc blockchain for an era when today’s cryptographic standards may no longer hold. The plan runs in three phases: a readiness stage to identify vulnerable systems, a transition period where old and new cryptography operate side by side, and a final migration that could see classical signature schemes retired entirely. The underlying risk is technical but significant. Most blockchains rely on elliptic curve cryptography, and a powerful enough quantum computer running Shor’s algorithm could theoretically extract private keys from public keys — a scenario Circle describes as a potential “cliff event” rather than a slow-building threat. Quantum computing introduces long-term risk for digital infrastructure, from wallet signatures to validator integrity and more. Circle’s post-quantum whitepaper explores Arc’s phased approach to resilience across: → USDC→ Smart contracts→ Validators→ Infrastructure… pic.twitter.com/niZqxTnUvX — Arc (@arc) May 29, 2026 The company was quick to add that conventional cybersecurity risks remain the more immediate concern, and that no firm timeline exists for when quantum machines capable of breaking current encryption might arrive. The Immutable Contract Problem Arc, Circle’s forthcoming blockchain, is set to launch with several protections already built in. Reports say it will support SLH-DSA signatures — a hash-based standard designed to withstand quantum attacks — along with post-quantum encrypted communications using HPKE and X-Wing technologies. Privacy on the network will be handled through trusted execution environments, including AWS Nitro Enclaves, which process encrypted transactions and shield balance data from outside view. Upgrading existing USDC smart contracts presents a harder challenge. Circle plans to modify contracts that allow upgrades so they can accept both traditional and post-quantum signatures at the same time, letting users migrate at their own pace. But immutable contracts are a different story — particularly Ethereum’s widely used “ecrecover” function, which is baked into countless deployed contracts that cannot be changed. According to Circle, protocol-level intervention may be the only path forward there. Regulatory Questions Left Open The account recovery proposals are among the more forward-looking parts of the whitepaper. Circle also flagged longer-term risks around blockchain history itself, warning that compromised validator keys on proof-of-stake networks could potentially be used to tamper with historical records. To counter that, the roadmap calls for validator migration, post-quantum-secured checkpoints, and mechanisms to validate chain history going forward. Featured image from Unsplash, chart from TradingView
31 May 2026, 23:30
Upbit Suspends Deposits and Withdrawals for Six Sui-Based Assets After Network Halt
BitcoinWorld Upbit Suspends Deposits and Withdrawals for Six Sui-Based Assets After Network Halt South Korean cryptocurrency exchange Upbit has temporarily suspended deposits and withdrawals for six assets operating on the Sui (SUI) network, following an unexpected halt in the network’s block production. The exchange announced the suspension on March 27, 2025, citing the need to protect user funds during the disruption. Affected Assets and Scope of Suspension The suspension applies to the following Sui-based cryptocurrencies: DeepBook (DEEP), Haedal Protocol (HAEDAL), LumiWave (LWA), Momentum (MMT), Sui (SUI), and Walrus (WAL). Upbit stated that the decision was made to prevent potential losses or processing errors while the Sui network remains unstable. The exchange will resume services once the network confirms stable block production and the team verifies transaction safety. Network Halt Details and Causes The Sui network experienced a temporary halt in block production earlier on March 27. According to the Sui Foundation, the issue was caused by a bug in a transaction scheduling logic that affected the network’s ability to produce new blocks. The team deployed a fix and the network has since resumed operation. However, Upbit has chosen to maintain the suspension as a precautionary measure while it conducts its own internal review. Impact on Traders and Market Activity The suspension affects traders who hold these assets on Upbit, one of the largest cryptocurrency exchanges in South Korea by trading volume. Users attempting to deposit or withdraw the listed tokens will see their transactions blocked until further notice. Trading on the exchange’s order books for these assets remains active, but users cannot move funds on or off the platform. This situation creates a liquidity bottleneck for affected holders, potentially impacting short-term trading strategies. Broader Implications for Sui Ecosystem The incident highlights ongoing risks associated with newer blockchain networks that are still maturing. Sui, a Layer 1 blockchain developed by former Meta engineers, has gained traction for its high throughput and low fees. However, network halts, even temporary ones, can shake user confidence and prompt exchanges to impose stricter due diligence before supporting native assets. The suspension on Upbit could slow adoption among South Korean retail investors, who are a significant demographic in the global crypto market. Conclusion Upbit’s suspension of Sui-based assets is a prudent risk management response to a network-level failure. While the Sui team has resolved the underlying bug, the exchange’s cautious approach underscores the importance of operational reliability for blockchain platforms. Users holding affected tokens should monitor Upbit’s official announcements for updates on when normal services will resume. The incident serves as a reminder that even high-performance networks are not immune to technical disruptions, and that exchange policies can significantly influence asset accessibility. FAQs Q1: Why did Upbit suspend deposits and withdrawals for Sui-based assets? Upbit suspended services due to a halt in block production on the Sui network, which could have caused transaction errors or fund losses. The exchange is waiting for network stability before resuming operations. Q2: Which assets are affected by the suspension? The suspension affects DeepBook (DEEP), Haedal Protocol (HAEDAL), LumiWave (LWA), Momentum (MMT), Sui (SUI), and Walrus (WAL). Q3: Can I still trade these assets on Upbit during the suspension? Yes, trading on Upbit’s order books for these assets remains active. Only deposits and withdrawals are temporarily blocked. Q4: When will Upbit resume normal services? Upbit has not provided a specific timeline. The exchange will announce resumption after confirming the Sui network is stable and transaction safety is assured. This post Upbit Suspends Deposits and Withdrawals for Six Sui-Based Assets After Network Halt first appeared on BitcoinWorld .
