DOGS Takes Off: How Community Support and Protests Are Inspiring Cryptocurrency Growth
In recent days, the world has been shaken by the news of the arrest of Telegram founder Pavel Durov and the global protests that followed. With freedom of speech and privacy under renewed threat, the community is uniting under the banner of #DigitalResistance. Over 2 million people have already signed the Open Letter, joining the movement in support of Durov and his fight for digital freedom.
An interesting scam exists on DEX exchanges. Some team buys telegram channels with the theme of cryptocurrency and promotes it by publishing signals and giving information on coins to warm up the audience, analysis and behaving like a trader. Next, insider signals allegedly buy and send a screenshot of the purchase to the channel. (After the screenshot they write that the signal will arrive in 10-15 minutes). Next, a link arrives where you can purchase a token and a video about purchasing a coin (the video is real since the transaction is visible in the history of the coin). Pairs and liquidity (pools) are artificially created there. The coin always goes up. But after the purchase you can see beautiful numbers, but in reality you can say goodbye to your coins that you swapped for. How does this happen: - They are looking for information on the service where the coins are in ICO status. - They create a copy and publish it on the blockchain, mainly Ethereum or Bnb. - A link to a coin swap is shared with a warmed-up audience. - After a swap (exchange), this coin cannot be exchanged. - After the dates specified in the ICO, the coin is deleted. Be careful when working with DEX exchanges and most importantly check the contracts of dubious coins!
Exciting news for owners of $PEPE ! Pepe just announced the burning of 6.9 trillion PEPE tokens, worth approximately $6 million! This update is coming to Binance soon and will be a game changer. Burning tokens means that those tokens will be permanently removed from the project's reserve, increasing the value of the remaining tokens. Additionally, the deflation mechanism used ensures that a small percentage of tokens are burned after each transaction, making them even more scarce and potentially more valuable over time. This is a significant event for PEPE holders and we can expect to see the power of scarcity and appreciation. It's time for this frog to fly😍 #binance #pepe
Cryptocurrencies Neo (NEO) and Toncoin (TON) are showing impressive growth, jumping 44% and 85% respectively over the week and month. 🚀 But they are not the only ones: KangaMoon (KANG), a new project at the pre-sale stage, has increased by 290%! - Neo (NEO) is green on all charts, up 44% for the week and 75% for the year. Neo's price also jumped 40% in a month, peaking at $23.57. - Toncoin (TON) is also showing significant gains, jumping 85% for the month and 28.4% for the week. Toncoin's annual growth was 201.6%. - KangaMoon (KANG) is a new Play-to-Earn (P2E) platform that offers Social-Fi elements and a community-based approach. The presale has reached stage 5, where KANG has raised $5 million and will surpass the $5.5 million mark by the end of the week. All three cryptocurrencies show great potential for growth, but KangaMoon is receiving particular attention due to its huge ecosystem potential. #binance
Telegram creator Pavel Durov plans to use The Open Network (TON) blockchain to expand the application's capabilities, including tokenization of emoji and stickers. 🚀📱 This could change how users interact with media by giving them access to exclusive digital recordings. Telegram also offers a profit-sharing mechanism for creators, giving half of the income from channels and advertising to those who use the TON network. This allows you to deepen relationships with users and support content creators. Following Durov's speech at the Token2049 conference, Tether announced the introduction of Tether Gold (XAUT) and USDT to the TON network, which increases the network's applicability by giving users access to widely accepted and trusted virtual money for payments. Telegram is also aiming to overcome restrictions on in-app transactions by using a blockchain platform, giving developers and merchants more freedom. #binance #ton #usdt
• The source code of the government Bitcoin wallet was hacked by hackers A group of hackers from “CiberInteligenciaSV“ posted the source code of the official El Salvador wallet Chivo Wallet On the forum, hackers presented it to the public with the words: “Remember, this is a government wallet, and as you know, we don’t sell those, we publish everything for free for you.” Previously, the same group posted the personal data of 5.1 million Salvadorans online. • The SEC postponed its decision on whether to approve or deny the launch of a spot Ethereum ETF until June 11 06/11/24 The Commission must make a decision or initiate legal proceedings • Ripple’s legal director called the SEC’s lawsuit calling for a $2 billion fine “evidence of intimidation in the crypto industry.” The SEC based its objections on “continued unregistered sales of XRP to institutional clients.” Ripple, in turn, stated that from July 2023 it will not sell coins to institutions, and the figure that the company must pay does not exceed $10 million #binance #Bitcoin #ETH
The developers of the TON blockchain announced a reduction in the commission for transactions on the network by 2.5 times. 📉 Transaction costs will depend on the value of the local cryptocurrency. Starting April 16, USDT transactions receive a special discount. In the next node update, it is planned to introduce the ability to pre-compile smart contracts. Following the announcement, the price of TON fell 2.4% to $5.55. Despite recent announcements, the coin has lost almost 10% of its value over the past week. #ton #binance #TON/USDT
After record profits on the Bitcoin halving day ($BTC ), miners are faced with a new reality: high network hashrate and declining revenues are reducing profits. The average miner's income per hash completed, known as the hash price, has reached its lowest level since October 2023. 📉 The hash price for miners fell from almost $0.12 in early April to $0.07 after the halving. Despite the drop in rewards, the overall network hashrate remained stable, suggesting that mining $BTC is still profitable at current Bitcoin prices. #Bitcoin #binance #HalvingBTC