April 2024

Solareum Shuts Down Amidst Security Breach

The innovative Telegram trading app designed for the seamless exchange of Solana-based tokens, has announced its closure. This decision comes in the wake of a security exploit that led to the unauthorized withdrawal of approximately $523,000 worth of SOL from user wallets. The breach, impacting over 300 Solana users, has stirred significant concern within the […]

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Wormhole’s “W” Token Set to Ignite Crypto Markets

Wormhole announces the imminent launch of its W governance token this Wednesday. This heralds a pivotal moment, not just for Wormhole but for the broader cryptocurrency ecosystem, with several leading exchanges poised to list the token, amplifying its accessibility and potential impact. Wormhole, a renowned cross-chain protocol, has set the stage for an expansive airdrop,

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Base’s Record Surge Fueled by Meme Coin Mania

Base, the Ethereum layer-2 scaling solution developed under Coinbase’s wing, has witnessed an unprecedented surge in trading volume, propelled by a fervent demand for meme coins. On Saturday, decentralized exchanges (DEXs) on Base saw a trading volume peak at an astonishing $1.22 billion. This surge is largely attributed to the meteoric rise of Base-native meme

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Tron Fights SEC Lawsuit with Focus on Foreign Operations

The Tron Foundation has taken a stand against the U.S. Securities and Exchange Commission (SEC), requesting the dismissal of a lawsuit that puts the spotlight on the regulatory reach of the U.S. over international blockchain operations. Filed on March 28 in a New York federal court, the dismissal motion by the Tron Foundation underscores a

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The POOP Token Frenzy: Hype, Controversy, and the Crypto Market

Doodles NFT brand co-founder Jordan “Poopie” Castro took the market by surprise with the launch of the POOP token. This weekend event not only stirred excitement among the crypto community but also ignited controversy, showcasing the crypto market’s enduring fascination with meme coins. Despite its humorous intent and minimal inherent value, the POOP token’s release

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IREN’s Bold Expansion Fuels Stock Surge Ahead of Bitcoin Halving

British Columbia-based Bitcoin mining company IREN revealed plans that are set to redefine its market stance. Ahead of the much-anticipated Bitcoin halving event, IREN’s stock price saw a remarkable surge on Monday, after the firm disclosed that its 2024 expansion plans are fully funded. This strategic move is poised to more than double its computer

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Telegram Adopts Toncoin for Ad Payments

Telegram, is taking a significant leap forward in the integration of cryptocurrency into its platform. In a groundbreaking move, Telegram announced that it will allow users to purchase in-platform advertisements using Toncoin (TON), coupled with a revenue share program designed to benefit channel owners. This initiative marks a pivotal moment in Telegram’s journey towards embracing

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