🤯 Polkadot spent $37 million USD on outreach during the first half of 2024, targeting new users, developers, and businesses:
- $10 million on ads and sponsorships - $4.4 million on influencers - $4 million on digital ads
Despite this investment, Polkadot still seems invisible on X and other platforms. Polkadot's treasury has about two years of runway left at the current burn rate of $87 million USD per six months.
These blockchain links connect the entire internet to Solana, meaning Anywhere you can share a link, you can initiate Solana Onchain actions.
This incredible innovation will onboard the next 1 billion Users! This brings Web3 functionalities to every web platform, enhancing user accessibility and interaction with the blockchain.
We've been actively developing an EVM wallet inside MemeFi Coin for quite a while now. $MEMEFI is going to be a Linea token based on the Layer Zero OFT format, possibly launching on several other blockchains.
The wallet will be accessible before the listings and will pave the wave for TGE.
You will receive your guaranteed airdrop thru this wallet.
MemeFi is the first project that is implementing mass EVM infrastructure on Telegram. Our strategic partnership will Linea and EVM integration is not just a matter of MemeFi; it's a huge deal for the whole EVM ecosystem.
Solana 🪙 is super fast and handles millions of transactions daily, more than many major banks. It often surpasses Ethereum in daily activity. However, it has experienced several network outages.
Did you also know this?
🔘Ethereum 🔹 is the granddaddy of smart contract platforms, and hosts more value than Ford's market cap. And it's home to DeFi and NFTs. The catch? Transactions can be quite expensive.
🔘Tron 🔴: processes more transactions daily than Visa in Canada and Australia combined. It focuses on high throughput and low transaction costs, making it ideal for dApps and gaming. On the flip side, it has faced criticism over centralization.
🔘Polygon 🟣: Known for its fast and low-cost transactions. It’s a layer 2 solution for Ethereum, perfect for scaling up projects efficiently. Fun fact: Polygon teamed up with Google Cloud, Adidas, and Prada 🚀 The downside is it still relies on Ethereum’s security.
🔘Arbitrum 📶: A layer 2 solution for Ethereum. It helps Ethereum manage high volumes of transactions without the high costs. Yet, it’s still relatively new and less battle-tested.
Tether Discontinues Issuance of USDT on EOS and Algorand Blockchains Due to Low Interest
💵The total supply volume on the two chains is just over $102 million. The exchange will be available for a year. During this time, Tether may change its decision.
🔼Meanwhile, the amount of issued USDT on the TON network has exceeded 580 million tokens.
Old and unnecessary blockchains are fading into the past, replaced by more progressive ones.
Many phishing links are being spread in Telegram groups under the pretext of airdrops, and other deceptive methods are also being used, experts at SlowMist have warned. The attacks are aimed at hacking wallets and stealing assets from TON users.
◾️Binance Labs invested in Infrared, a protocol focused on giving users access to Berachain’s Proof of Liquidity (PoL) mechanism in one click.
◾️Infrared's mission is to maximize value capture within the Berachain network by offering user-friendly liquid staking solutions for the Berachain Governance Token (BGT) and BERA (Berachain Gas Token).
Tapswap: A Million-Dollar Scam Preying on Latecomers with Empty Promises
In recent months, the cryptocurrency and digital earning community has been shaken by the emergence of Tapswap, a platform promising to double users' earnings. However, allegations are surfacing that Tapswap is nothing more than a sophisticated scam, exploiting users with vague promises and a complete lack of transparency.
The Allure of Easy Money
Tapswap enticed users with the allure of quick and substantial returns on investment. The platform targeted individuals who joined Tap 2 Earn late, suggesting that despite their delayed entry, they could still make significant profits. This proposition seemed too good to pass up, particularly for those looking to capitalize on the burgeoning digital economy.
Red Flags and Empty Promises
Despite its attractive promises, Tapswap quickly began to show signs of a scam. Users reported a severe lack of clear communication from the Tapswap team. Questions about the platform's operations, financial model, and future plans were met with vague responses or, in many cases, complete silence.
Key warning signs included: - Lack of Transparency: The Tapswap team provided little to no information about who was behind the project or how the funds were being managed. - No Customer Support: Users facing issues had no reliable support channel, with many reporting that their concerns were ignored.
🚨 CoinStats urges users to move funds after security breach
◾️CoinStats, a popular cryptocurrency portfolio tracking app, has warned users who created wallets on the app to move their funds immediately following a "security incident" affecting the platform.
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