ParaSwap launches intent-based protocol to curb MEV attacks

Popular MEV attacks, such as sandwich transactions, have netted attackers nearly $17 billion in the past 30 days.

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Crypto Scam? PolitiFi Token RTR Plummets 95% After Trump Family Denies Link

This week, a new PolitFi token made the headlines amid the crypto market recovery. Restore The Republic (RTR) caught the attention of investors after rumors of being linked to the Trump family surged. The Trump-themed token saw a massive surge after its launch. However, its price quickly plunged after the former US presidents camp denied any links with it. Related Reading: Toncoin Soars 14.8% After Binance Listing, Is TON Poised For A Breakout? Trump-Themed Token Turns Out Fake On Thursday night, a PolitiFi token was surrounded by controversy after it plummeted by over 95% just hours after launching. Restore The Republic was described as a token to ensure that our nation remains a beacon of freedom, justice, and opportunity. The memecoin created a buzz among investors as it was suspected to be the Trump Familys highly anticipated crypto project announcement. As a result, RTRs price surged over 14,500% following its launch, going from trading at $0.001 to as high as $0.15. The token also hit a market capitalization of $155 million three hours after launching. However, the rapid surge was quickly met with a massive drop after Eric Trump claimed the project wasnt related to the former US president. In an X post, Eric warned crypto investors of fake tokens, stating that the only official Trump project has NOT been announced. He also emphasized that the news would come directly from their camp first. Immediately after, RTRs market cap nosedived, going from $125 million to $13 million. The token went from trading around the $0.12 mark to $0.007 in less than an hour, leaving many investors with massive losses. On-chain data analysis firm Lookonchain revealed that a crypto whale lost over $800,000 after FOMO-buying the token. Per the report, the investor spent 5,800 SOL, worth $916,400, to buy 7.2 million RTR at its highest price. Due to the price crash, the whale sold the RTR tokens for only 118 SOL, worth around $18,000, resulting in a loss of $898,500 in four hours. Crypto Scam Déjà Vu Online reports revealed that insiders made over $4 million from the memecoin. The newly created wallets bought millions of RTR as it opened trading. The insiders sold the token right after Trumps camp denied ties to the memecoin. After the price crash, the crypto community discussed the tokens shady launch and promotion. Students for Trump groups co-founder and chairman, Ryan Fournier, suggested in a now-deleted post that RTR was the official Trump token. Moreover, several KOLs (Key opinion leaders) promoted RTR to their followers, claiming it was the highly anticipated Trump project. After the collapse, some of these influencers affirm to have lost large sums of money. One KOL also claims to possess legal documentation that proves Donald Trump Jr.s involvement with the launch. The crypto community quickly compared this incident to the last official token linked to the Republican presidential candidate. Nearly two months ago, DJT made the headlines after being rumored to have been launched by 18-year-old Barron Trump. At the time, other Trump-inspired tokens crashed by over 30%, including the MAGA (TRUMP). However, it was later revealed that the token was created and run by Pharma bro Martin Shkreli. Related Reading: Solana Faces Uncertainty: Expert Explains Impact Of Jumps Rumored Exit Following the RTR debacle, Donald Trump Jr. spoke about cryptocurrencies inspired by his father. He stated that he has nothing to talk about regarding these tokens. He also deemed people assuming that all Trump-themed tokens are linked to the family as the problem. The businessman clarified that he loves and respects memecoin culture, but they are not the crypto project they have been teasing. Featured Image from Unsplash.com, Chart from TradingView.com

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How Solana is transforming cross-border agricultural trade

AgriDexs blockchain-based platform enabled a South African farm to complete a trade with a London importer, showcasing the benefits of onchain settlements.

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StarkWare verifies first zero-knowledge proof on Bitcoin

StarkWares milestone opens the door for ZK-based layer-2 solutions, enhancing Bitcoins scalability and global payment capabilities.

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Solana emerges as an institutional favorite following PayPal USD launch

Solana could emerge as a leading blockchain for payment institutions. Is a Solana-based ETF next?

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Master Of Scams: Metallicas Hacked X Account Promotes Solana Token

Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, [...]

The post Master Of Scams: Metallicas Hacked X Account Promotes Solana Token appeared first on Crypto Breaking News.

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Ghanas crypto stamps honor kings Silver Jubilee

Ghana Post launched a crypto stamp collection to showcase its kings 25-year-long journey of persevering in traditional values and adopting new-age technology.

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Rwandan central bank proceeds with ambitious retail CBDC project

The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy.

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Analysts Predict New Bitcoin All-Time High in 100 Days Based on Data and Macroeconomic Charts

The latest analysis of Bitcoin data shows promising signs for the cryptocurrency’s future performance. Macroeconomic charts indicate a potential new all-time high for Bitcoin in the next 100 days, according to analysts. Bitcoin has been on a rollercoaster ride in recent months, experiencing significant price fluctuations. However, experts are optimistic about the digital currency’s outlook [...]

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Based Doge hit with 'same as Normie exploit as 91.4M BOGE is drained

An attacker minted 91 million BOGE tokens and crashed its price, relying on a similar vulnerability as the Normie exploit one day earlier.

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$10,000 XRP Theory: Factors Analyst Shares Scenarios That Could Drive Growth

XRP’s current price has been highlighted by a range of around $2.5 in the past three days. However, this low price hasn’t stopped the idea of an extravagant XRP price from being in the hearts of XRP bull traders and enthusiasts. Against this backdrop of growing confidence, a bold theory suggesting that XRP could surge to $10,000 has come up from a crypto analyst. This extravagant price point is much higher than most predictions based on technical analysis. Notably, this analyst leaned on XRP fundamentals with XRP to show a scenario where its price reaches this point. Analyst Predicts XRP Could Hit $10,000 Between 2027 And 2030 The theory, introduced by a crypto analyst named Remi Relief on the social media platform X, centers on a long-term vision of XRP reaching $10,000 due to widespread adoption in financial institutions and complete activation of its utility features. Related Reading: Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? In a post dated May 12, the analyst predicted that this massive XRP price point of $10,000 could materialize between 2027 and 2030. He clarified that the prediction wasnt dependent on sudden events or institutional price setting but on the natural outcome of XRP functioning at its full potential in global financial systems. However, he also stated that such a price point could manifest as early as 2026. Building on the original post, the analyst has recently expanded on a more detailed vision of a $10,000 XRP. He claimed the existence of two separate XRP ledgers: one for the retail market and another accessible only to around 1,700 institutions and private entities operating under NDAs. According to him, these private participants could already be running tests with drastically different price levels, possibly including the $10,000 mark. He linked this development to recent progress in CBDC trials, especially in France. The analyst also referred to a report discussing the efficiency and performance of various digital currency and payment platforms in terms of Transactions Per Second (TPS) back in 2022. The report focused on CBDC (Central Bank Digital Currency) test networks. According to the report, the Ripple Private Ledger had a TPS of 1,500 in 2022 during tests for the digital Euro. Although Ripple is not yet at the operational scale of AliPay or the Hamilton Project, future projections of the blockchains TPS are still unknown. The Possibility Of A $10,000 Basement Price For The Altcoin The crypto analyst’s theory is based on a future where XRP underpins major financial operations at fixed high values across private networks. The most provocative element of the theory involves Ripple potentially setting a basement price for XRP at $10,000, which would never be breached. Related Reading: XRP Price At $10-$20 Only The Beginning, Its Headed For $1,000 Analyst Reveals In this scenario, if the price ever threatened to fall below that mark, decentralized technologies like Chainlink oracles and IOTA-based AI mechanisms would intervene to stabilize it through automatic trading.  At the time of writing, XRP is trading at $2.40, down by 2.2% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com

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Solana-based Cypher developer confesses to gambling away $300K of user funds

The insiders exploit went unnoticed for months, despite over 36 individual transactions.

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Exciting News: First XRP-Based ETF Set to Launch on NYSE Arca in the US

Teucrium to Introduce Groundbreaking Leveraged XRP ETF in US Markets Teucrium Trading, an innovative investment firm, is set to launch the first leveraged XRP Exchange-Traded Fund (ETF) in the United States financial markets. The new ETF will provide investors with a unique opportunity to amplify their exposure to XRP, a popular digital asset known for [...]

The post Exciting News: First XRP-Based ETF Set to Launch on NYSE Arca in the US appeared first on Crypto Breaking News.

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Introducing Velora: ParaSwaps Exciting Rebrand with New Intent-Based DEX Trading Feature

Velora, a cryptocurrency exchange, has rebranded and is now known as ParaSwap. The platform recently introduced new features and improvements to enhance the overall user experience. ParaSwap aims to provide a seamless and efficient way for users to swap different cryptocurrencies at the best possible rates. The platform aggregates liquidity from various decentralized exchanges to [...]

The post Introducing Velora: ParaSwap’s Exciting Rebrand with New Intent-Based DEX Trading Feature appeared first on Crypto Breaking News.

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Non-Playable Coin, Osaka Protocol, and a Meme Coin With Claws: 4 Crypto Picks Catching Early-Stage Hype

What if the next crypto gem isnt on TikTok or trending on Twitter, but still purring beneath the radar, gearing up to pounce? Meme coins have taken over timelines, Discord alpha threads, and degen chats. And while the usual suspects dominate headlines, the real plays are often those still in stealth.

The post Non-Playable Coin, Osaka Protocol, and a Meme Coin With Claws: 4 Crypto Picks Catching Early-Stage Hype appeared first on Kanalcoin.

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Top Meme Coins to Invest in Now: Arctic Pablo, Miggles, Banana

Explore Arctic Pablo Coins thrilling meme coin presale, plus the latest news from Mr. Miggles and Banana for Scale. Top New Meme Coins to Invest in Now.

The post Top Meme Coins to Invest in Now: Arctic Pablo, Miggles, Banana appeared first on Kanalcoin.

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Predictions: Bitcoin Price Expected to Soar to $138K in Next 3 Months Based on Macro Analysis

Bitcoin is poised to potentially surge to $138,000 within the next three months, according to macro indicators pointing toward bullish momentum for the cryptocurrency. With significant upside potential, Bitcoin has been gaining traction in the market, drawing attention from investors and traders alike. This forecast comes on the heels of increasing adoption and interest in [...]

The post Predictions: Bitcoin Price Expected to Soar to $138K in Next 3 Months Based on Macro Analysis appeared first on Crypto Breaking News.

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IOTA Price Surge Imminent? Rare Bullish Signal Appears Before Rebase Launch

IOTA forms a bullish wedge as Rebased upgrade nears, promising 15% staking yields, faster TPS, and strong price momentum.

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Memecoin mania hits Base: Obscure tokens skyrocket amid rug pulls and FOMO

Memecoin traders have been buying up obscure tokens such as Bald and Based, which have each seen staggering price gains despite questionable utility.

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Seychelles Crypto Exchange OKX to Expand Services to Australia

OKX, the Seychelles-based crypto exchange, plans to expand its services to Australia due to the country's strong uptake of cryptocurrency. The exchange sees Australia as an essential part of its growth strategy and intends to build a strong local office. (Read More)

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