- News of the popular cryptocurrency trading platform Blum allegedly being hacked has stirred the crypto community.
- Many believed the project was genuinely compromised, but it was later understood to be part of a collaboration.
- “HACKED BY POKRAS LAMPAS” was the message encountered by participants, retweeted by Blum’s official account.
Discover the real story behind Blum’s alleged hack and explore alternative crypto investments making headlines.
Blum’s Supposed Hack: A Marketing Stunt Unveiled
Last Thursday, Blum’s official X account retweeted a post by Russian artist Pokras Lampas, causing a stir with the message “HACKED BY POKRAS LAMPAS.” The news quickly spread that Blum, which had gained significant traction with its Tap-2-Earn model on Telegram, had been hacked. However, it was soon revealed to be a planned event, part of a collaboration with the renowned calligraphy artist. Despite the intended popularity boost, this incident raised concerns among investors about the project’s security, making some exit the project hastily.
Crypto Investors’ Shift to Alternative Projects
Following the staged hack, some investors reacted with apprehension, leading to a notable exodus from Blum’s coin project. Among the primary alternatives attracting these displaced investors were Pepe Unchained, WienerAI, and 99Bitcoins. These projects promised unique value propositions, creating a buzz in the crypto space.
Pepe Unchained: A Multi-Million Dollar Venture
Pepe Unchained, a meme coin project, garnered significant attention for raising $3 million. Designed on Ethereum’s Layer-2 technology, it aims to deliver faster and more efficient transactions. The token, known for its discounted presale, allows early investors to potentially reap substantial profits, with participants currently able to buy PEPU coin at $0.0083258. With 30% of the tokens dedicated to staking, investors are given opportunities for high APY returns.
WienerAI: AI and Crypto Fusion
The fusion of AI technology and crypto through WienerAI has raised over $7.5 million in presale funding. Emphasizing a community-based approach, the project’s native WAI token is built on the Ethereum blockchain. WienerAI combines a playful dog theme with cutting-edge AI to create a potent investment bot, attracting numerous early investors. WAI tokens, currently priced at $0.000726, come with lucrative staking rewards, providing an impressive APY and consistent token rewards per ETH block.
99Bitcoins: Learn and Earn
99Bitcoins is gaining traction with its innovative Learn-to-Earn model and has raised close to $2.5 million. This platform educates newcomers to the crypto world, offering 99BTC tokens at a discounted price of $0.00112 each. Investors also benefit from a high APY staking mechanism. The 99BTC airdrop event, nearing its conclusion, has been another significant attraction, aiming to distribute a total prize pool of 99,999 BTC to 99 lucky community members by July 19.
Conclusion
In summary, while the Blum collaboration with Pokras Lampas was intended as a marketing strategy, it inadvertently sparked security concerns that drove investors to explore alternative projects. The highlighted projects—Pepe Unchained, WienerAI, and 99Bitcoins—offer diverse opportunities and continue to attract substantial investment, each promising unique benefits in the thriving world of cryptocurrency.