As new cryptocurrency Copium announces a 30% token burn, its price has risen over 100%. Plans to reduce the $COPIUM supply is attracting more buyers, potentially increasing the value of remaining coins. Backed by notable crypto figures, $COPIUM incorporates a meme aspect and offers NFT reward airdrops to boost interest.
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Ultimate Pizza Week Giveaway: Win Bitcoin and Debating Risks and Rewards
Join the Ultimate Pizza Week Giveaway by Cryptonews.com from May 22-26, 2023 for a chance to win daily Bitcoin prizes. Engage in fun tasks, follow the platform, and experience an enjoyable and rewarding event.
Inferno Drainer: How a Scam-as-a-Service Stole $6M and What We Can Learn From It
A scam vendor called “Inferno Drainer” has stolen $5.9 million in assets from 4,888 victims across 689 phishing websites. Specializing in multi-chain scams, Inferno Drainer provides scammers with ready-to-go code in exchange for a 20% cut of stolen funds. Crypto scams and hacks continue to pose a threat, reinforcing the importance of security and vigilance in the crypto market.
Cryptocurrency Rug-Pulls: How Swaprum’s $3M Exit Scam Exposes Trust Issues in the Crypto Space
Arbitrum-based decentralized exchange Swaprum allegedly conducted a rug-pull, swiping around $3 million of customer deposits. The culprits took 1,628 Ether from the platform’s liquidity pools and laundered it through Tornado Cash. The incident highlights challenges in crypto security and the importance of user vigilance and thorough research before investing.
Swaprum Scandal: Balancing Trust, Transparency, and Decentralization in Crypto
The recent Swaprum exit scam on Ethereum Layer 2 network Arbitrum reveals the ongoing security challenges in the crypto world. This incident highlights the importance of credible security audits, regulatory framework, and user education in addressing growing concerns about hacks, scams, and the future of cryptocurrencies.
Imitation Crypto Exchange Scam: How Millions Were Stolen, DeFi and Centralized Methods Exposed
Scammers have stolen millions of dollars in cryptocurrency by impersonating HitBTC exchange through a fake website (hitbt2c.lol). They trick users into depositing crypto into fraudulent wallets, which have allegedly accumulated over $15 million. Victims’ funds are directed to multiple blockchain addresses, with the scammers utilizing DeFi tools and centralized methods to cash out stolen crypto.
WEN Token’s Dismal Decline vs $SPONGE’s Steady Resilience: Where to Invest Next?
While WEN token faces a drastic decline, $SPONGE offers a promising alternative for crypto enthusiasts, showcasing an astounding +605.79% growth from its all-time low. High trading volumes, locked liquidity, and a growing community contribute to its credibility and potential investment opportunity in the meme coin market.
Crypto Giants Face Lawsuit: Alleged TerraUSD Manipulation and Its Impact on the Blockchain Future
Jump Trading is accused of manipulating the price of TerraUSD (UST) stablecoin in partnership with Terra Labs, violating the Commodity Exchange Act and common law. US authorities continue probing Terra stablecoin collapse, highlighting the importance of vigilance in evolving cryptocurrency markets.
Billion-Dollar Meme Crypto: PEPE Token’s Unstoppable Rise and Dark Side
The PEPE token, a meme-inspired cryptocurrency, has surpassed a $1 billion market cap, sparking both hilarity and concern. Despite promoting a positive community, the token’s growing popularity has led to harassment, toxic behavior, and diehard commitment, challenging traditional perceptions of digital currencies.
Rise of PEPE Memecoin: Attracting Investors and Fraudsters Alike
As PEPE memecoin’s popularity grows, security firms have observed a rise in scams and fraudulent activities involving meme coins. Investors must be cautious, distinguishing between genuine opportunities and scams, while remaining vigilant as the crypto market continues to expand.
Dwindling Crypto Interest vs Emerging Tokens: Navigating the Market Turmoil
Bitcoin dips below $28,000 as concerns over high withdrawal volumes arise, Ether slips under $1,900 despite Ethereum Shapella upgrade. Top cryptos worth considering: AI, RNDR, SPONGE, STX, ECOTERRA, SOL, and YPRED. Ecoterra’s blockchain-based green crypto aims to fight climate change, rewarding participants with $ECOTERRA tokens.
New Token BEN’s Wild Ride: Analyzing Market Impact and Crypto Influencer Involvement
The BEN token, linked to YouTuber Bitboy, experienced substantial volatility after its launch, with a 300% price surge followed by a 200% drop on the same day. Despite this, it traded on Uniswap with $2 million in liquidity. Amidst a frenzy of meme-inspired coins, the token raises concerns about the sustainability of such investments and highlights the responsibility of traders in volatile assets.
Meme Coin $SPONGE Bounces Back: Listings, Hype, and Future Prospects
Meme coin $SPONGE shows strong recovery after the recent crypto crash, partly attributed to its introduction on Poloniex CEX. As the token establishes itself as a leader among new meme coins, market experts recognize retracements as essential for healthy, sustainable price formation.
Yachtify: NFTs Meet Yacht Industry, Impact on BTC & WOO, and Lending Protocol Perks
Yachtify (YCHT) offers users a chance to invest in a promising token backed by real-world assets in the yacht industry. The platform aims to bring the $100B+ yacht market to low-income earners through fractional NFT investments, broadening accessibility and offering various benefits to its users.
Yachtify vs Axie Infinity & NEAR Protocol: Navigating Web3 Investment Opportunities
Yachtify, an upcoming project in the Web3 space, aims to revolutionize the sharing economy through fractional ownership in boats, providing passive income opportunities to investors. With Axie Infinity and NEAR Protocol facing value dips, Yachtify’s unique potential and early-stage presale offer an intriguing alternative in the rapidly evolving world of blockchain technology.
AI in Crypto: Balancing Innovation and Investor Protection Amid Scams and Regulations
This article highlights the recent crypto “investment scam” involving TruthGPT Coin (TRUTH), using artificial intelligence and machine learning claims, and the actions taken by various state financial regulators to halt it. The discussion extends to maintaining a delicate balance between investor safety, responsible practices, and fostering blockchain innovation.
Crypto Expert’s $3M Win in Defamation Suit: A Cautionary Tale for Influencers & Free Discourse
Cryptocurrency expert and Ava Labs CEO Emin Gün Sirer has won a crypto defamation lawsuit against influencer Emre Aksoy, who falsely accused him of affiliating with a Turkish terrorist group. The incident led to lost business opportunities and unwarranted scrutiny. This serves as a cautionary tale for influencers and highlights the importance of fostering honest dialogues about cryptocurrency.
From Fizzling Flames to Soaring Sparks: How Thorchain (RUNE) Dwindles While Convex (CVX) and Sparklo (SPRK) Shine Through in 2023
The crypto market of 2022 was a rollercoaster ride, with most coins witnessing a significant […]