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$NOT #Write2Earn! NOTCoin's Significant Moves in the Last 3 Days NOTCoin has experienced a dramatic price surge over the past three days. Initially priced at $0.0112, the altcoin soared to a peak of $0.0294, marking an impressive 162.13% increase. However, after reaching this high, the price began to decline. As of today, NOTCoin is trading at $0.0213. This volatile movement highlights the rapid fluctuations commonly seen in the cryptocurrency market. Investors are closely watching to see if NOTCoin will stabilize or continue to exhibit significant price swings. For further updates, follow @crypto_elevation

$NOT #Write2Earn!

NOTCoin's Significant Moves in the Last 3 Days

NOTCoin has experienced a dramatic price surge over the past three days. Initially priced at $0.0112, the altcoin soared to a peak of $0.0294, marking an impressive 162.13% increase.

However, after reaching this high, the price began to decline. As of today, NOTCoin is trading at $0.0213.

This volatile movement highlights the rapid fluctuations commonly seen in the cryptocurrency market. Investors are closely watching to see if NOTCoin will stabilize or continue to exhibit significant price swings.

For further updates, follow @CryptoElevation

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Velocore Hacked for $6.8 Million in Ether Velocore, a prominent platform in the decentralized finance (DeFi) space, has suffered a major security breach, resulting in the theft of $6.8 million in Ether. The hacker exploited a critical vulnerability within Velocore's smart contract system, highlighting ongoing security challenges in the rapidly evolving DeFi sector. The breach was detected when unusual activity was noticed on the platform, leading to an immediate investigation. It was discovered that the hacker had manipulated a flaw in the smart contract, enabling the unauthorized transfer of funds. Such vulnerabilities are particularly concerning in the DeFi space, where smart contracts are meant to operate autonomously and securely. In response to the hack, Velocore has offered a 10% bounty to the hacker for the safe return of the stolen funds. This approach, though unconventional, has been used in the crypto world as a way to recover assets and mitigate losses. By incentivizing the hacker to return the funds, Velocore aims to minimize the impact on its users and restore trust in its platform. The Velocore team has assured users that they are taking steps to enhance security measures to prevent future breaches. This includes a comprehensive audit of their smart contracts and collaboration with leading cybersecurity firms to identify and patch potential vulnerabilities. Additionally, they are working closely with authorities and the broader crypto community to track the stolen funds and bring the perpetrator to justice. This incident has sparked a broader discussion about the security of DeFi platforms. While DeFi offers many advantages, such as greater accessibility and the potential for high returns, it also comes with significant risks. The reliance on smart contracts, which are still a relatively new technology, means that vulnerabilities can be exploited with severe consequences. Velocore's breach underscores the importance of rigorous security practices and continuous monitoring in the DeFi space. Follow for more @CryptoElevation
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#StartInvestingInCrypto #Write2Earn! $BTC $SOL Market Movements: Bitcoin and Solana Bitcoin's price is approaching a critical resistance level at $72,000, a point of significant interest for traders and analysts alike. Breaking this threshold could potentially trigger a new all-time high, as it would liquidate a substantial amount of leveraged shorts, estimated to be around $800 million. This liquidation could act as a catalyst, driving the price further upward as short sellers are forced to cover their positions. Analysts from various firms, including CryptoQuant, highlight the importance of this level in determining Bitcoin's near-term market direction​​. On the other hand, Solana is gaining substantial attention as a leading blockchain for institutional payment solutions. This momentum follows the launch of PayPal USD (PYUSD) on the Solana network. The integration of PYUSD is expected to enhance Solana's ecosystem by providing a reliable and efficient stablecoin for transactions. Institutional interest in Solana is growing, with speculations about the potential launch of a Solana-based exchange-traded fund (ETF). This could further cement Solana's status as a major player in the financial and payments sectors, positioning it as a robust competitor to Ethereum and other blockchain networks​. In summary, the cryptocurrency market is witnessing dynamic shifts with Bitcoin approaching a critical price level and Solana emerging as a favorite among institutional investors. These developments underscore the rapidly evolving landscape of digital assets and their growing integration into mainstream financial systems. For more detailed insights and the latest updates, follow@CryptoElevation
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#StartInvestingInCrypto #Write2Earn! Nigeria's Crypto Regulation Landscape Nigeria continues to navigate a complex and evolving regulatory environment regarding cryptocurrencies. Recently, the country has been embroiled in legal proceedings against Binance and its executives over allegations of tax evasion. These developments come amid broader efforts by the Nigerian government to regulate the crypto industry more stringently. Despite these regulatory challenges, interest in cryptocurrencies remains robust among Nigerians. Bitcoin and other digital assets are still popular, driven by factors such as economic instability, currency devaluation, and the need for financial inclusion. Lagos, Nigeria's commercial hub, continues to see significant crypto trading activity, reflecting the resilience and adaptability of the market. The regulatory scrutiny is part of a global trend where governments are increasingly focusing on the crypto sector to ensure compliance with financial laws and prevent illicit activities. Nigeria's approach includes efforts to clarify legal frameworks, enhance consumer protection, and foster a safer trading environment. However, these measures have also led to uncertainty and frustration among crypto enthusiasts and businesses. As Nigeria seeks to balance regulation with innovation, the outcome of these legal cases and regulatory initiatives will significantly impact the future of the country's crypto landscape. Stakeholders are hopeful that clear and supportive regulations will emerge, promoting growth while safeguarding users' interests​.Follow for more @CryptoElevation
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