Binance News: BNB and TON Show Promise as Crypto Leaders in Uncertain Economic Times
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In a volatile market with economic uncertainty looming, two cryptocurrencies are standing out: Binance Coin (BNB) and Toncoin (TON). Both are currently in positive territory and at breakout zones, hinting at potential gains in the future. Here’s a closer look at their performance and what it could mean for the crypto market in 2025.
BNB & TON At Breakout: Will They Lead Crypto Gains in 2025?
While the economic outlook is still uncertain and the stock market is down, Binance Coin (BNB) and Toncoin (TON) are showing positive signs. Both cryptocurrencies are in the green and at breakout zones. If a positive tone comes out of the FOMC meeting, BNB and TON could lead the altcoins higher. BNB has outperformed most other altcoins and even held up better than Bitcoin. The $503 horizontal level proved to be very strong support for BNB.
DeFi Hackers Exploit Four.Meme Meme Coin Launchpad on BNB Chain
DeFi hackers successfully exploited a vulnerability in Four.Meme’s smart contract, a meme coin launchpad on the BNB Chain. The attack was flagged by blockchain security firm SlowMist, which revealed the attacker purchased a small amount of tokens before launch and used a feature to send tokens to a specified PancakeSwap Pair address that hadn’t been created yet. This allowed the attacker to manipulate the liquidity pool, forcing the suspension of Four.Meme’s token liquidity pool on PancakeSwap.
