BlockDAG (BDAG) CertiK Audit Fuels $233.5M Presale, Ethereum (ETH) Price Action Weakens, Tether News Pushes Security Upgrades

This week's market is a mix of hesitation, preparation, and a new wave of presale excitement. Ethereum (ETH) price action continues to lose momentum, hovering just above the danger zone as bulls look for a turnaround at $1,770.

The crypto market is brimming with anticipation this week as BlockDAG (BDAG) rapidly approaches the final stages of its presale. Having just achieved another milestone with the CertiK audit, BlockDAG is heating up.

Those who attended the recent Token2024 in Monaco had the chance to mingle with the BlockDAG team and learn more about its groundbreaking technology. But even without that opportunity, there’s still time to join in on the presale and capitalize on the huge presale discount.

The BlockDAG presale is nearing completion, but there’s still a chance to buy BlockDAG at a low price. Its price is expected to increase significantly after its listing on major exchanges later this year.

Here’s a closer look at what’s new in crypto today, from the latest on Ethereum (ETH) price prediction to an interesting development from Tether.

What happened in crypto today, Thursday, May 11

Those who prefer a more technical approach can consider the MACD, which is still below the signal line, while the RSI hovers around 39, indicating a lack of strong buying pressure.

However, it’s worth noting that Buterin recently provided an update on the rollup roadmap, aiming to introduce new trust models for Layer 2s, and the long-term vision for scaling Ethereum seems clear.

The integration of Chainalysis technology will significantly enhance Hadron's capabilities in detecting and preventing fraud.

It will also bring new compliance measures, such as Know Your Transaction (KYT) and Know Your Customer (KYC), to monitor suspicious activity and ensure safer tokenization practices.

So far, Hadron has successfully frozen over $2.7 billion in suspicious funds, and with these additions, that number is set to rise.

This partnership is a logical step in bolstering the security of the rapidly expanding tokenized asset market.

BlockDAG Cleared by CertiK, Presale Surpasses $233.5M

Another day, another audit complete. Fresh off its clean bill of health from Halborn, BlockDAG (BDAG) has now also passed the CertiK audit with flying colours.

This puts the project’s smart contracts through the wringer, testing every code path and common vulnerabilities in multiple phases. The analysis also covered BlockDAG’s Fortify multisig feature, which is designed to prevent malicious actors from draining large amounts of funds.

In addition to the technical aspects, CertiK also assessed the project’s team, website, and overall documentation to provide a comprehensive view of BlockDAG’s standing.

The full report from CertiK is now available on their website for anyone to review. It details the various stages of the audit, the methodologies used, and the results achieved.

This level of transparency is crucial for investors who want to make informed decisions about their investments.

With two major audits complete and a public beta testnet already running, BlockDAG is rapidly approaching its listing on major exchanges later this year.

The project’s native token, $BDAG, is currently available in presale at a starting price of $0.0019. However, this special price is guaranteed only until May 13. After that, the token price will shift to the next presale batch.

Those who join the presale early will benefit from the largest discount and the potential for significant returns as the token’s price is set to rise.

Those who prefer a more technical approach can consider the MACD, which is still below the signal line, while the RSI hovers around 39, indicating a lack of strong buying pressure.

However, it’s worth noting that Buterin recently provided an update on the rollup roadmap, aiming to introduce new trust models for Layer 2s, and the long-term vision for scaling Ethereum seems clear.

The integration of Chainalysis technology will significantly enhance Hadron's capabilities in detecting and preventing fraud.

It will also bring new compliance measures, such as Know Your Transaction (KYT) and Know Your Customer (KYC), to monitor suspicious activity and ensure safer tokenization practices.

So far, Hadron has successfully frozen over $2.7 billion in suspicious funds, and with these additions, that number is set to rise.

This partnership is a logical step in bolstering the security of the rapidly expanding tokenized asset market.

BlockDAG Certified by CertiK, Presale Surpasses $233.5M

Another day, another audit complete. Fresh off its clean bill of health from Halborn, BlockDAG (BDAG) has now also passed the CertiK audit with flying colours.

This puts the project’s smart contracts through the wringer, testing every code path and common vulnerabilities in multiple phases. The analysis also covered BlockDAG’s Fortify multisig feature, which is designed to prevent malicious actors from draining large amounts of funds.

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