Blockchain News - Page 165

Solana Memecoin Trump Loves Tesla Will Skyrocket 16,000% Ahead of Exchange Listings, While Dogecoin and SHIB Drop

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Trump Loves Tesla could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.

Trump Loves Tesla (TRUMPTES), a Solana memecoin launched this week, is set to explode over 16,000% in price in the coming days.

This is because TRUMPTES is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.

Currently, Trump Loves Tesla can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Trump Loves Tesla could become the next viral memecoin.

Trump Loves Tesla launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy Trump Loves Tesla on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Loves Tesla by entering its contract address – FaFJ9k5uXfXM9KWY8ptvXmYHJR4TjBtQZ2N8oo7kWgtv – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPTES.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

Musk Moon Solana Memecoin Will Surge Over 18,000% Ahead of Exchange Listings, As Shiba Inu and DOGE Lag

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Musk Moon could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.

Musk Moon (MUSKMOON), a new Solana memecoin that was launched recently, is poised to explode over 18,000% in price in the coming days.

This is because MUSKMOON is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, Musk Moon can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Musk Moon could become the next viral memecoin.

Musk Moon launched with over $3,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy Musk Moon on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk Moon by entering its contract address – EeALBZqKS9k4YCFngxwUynEpoKW8Mqf6hXDLuUHhGs1Q – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKMOON.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

Solana Memecoin Pepe Rektember (PEPEREKT) Will Surge 16,000% Before Exchange Listing, While BONK and Shiba Inu Drop

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Pepe Rektember could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.

Pepe Rektember (PEPEREKT), a Solana memecoin launched recently, is set to explode over 16,000% in price in the coming days.

This is because PEPEREKT is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.

Currently, Pepe Rektember can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Pepe Rektember could become the next viral memecoin.

Pepe Rektember launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy Pepe Rektember on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Rektember by entering its contract address – 2Ljnq1rNf2fzWwZGaHQkBteS1wrsbqiqtdVsxRhDWN6H – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPEREKT.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

$750 Million of BTC Leaves Exchanges as Supply Crunch Nears

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On September 10, Bitcoin saw a notable surge in outflows from exchanges, with roughly $750 million worth of assets being withdrawn. This marks the most significant net outflow since May, hinting at a potential shift in investor sentiment, as reported by IntoTheBlock (ITB). With Bitcoin prices hovering around $57,000, these movements are seen as indicators of investors’ confidence and strategic positioning.

Juan Pellicer, a senior researcher at ITB, explained in a discussion with Cointelegraph the implications of such large outflows. He stated, “Regulatory concerns can prompt withdrawals as users seek to avoid potential restrictions. Institutional accumulation typically involves large-scale transfers from exchanges.” This context suggests that both institutional and retail investors might be anticipating a rise in Bitcoin’s price, prompting them to move their holdings to private wallets for more control and security.

Another reason for the significant outflows could be the growing preference for transferring Bitcoin to cold storage—hardware wallets that are not connected to the internet. This method is preferred for its enhanced security features, supporting the trend of self-custody among investors concerned about the safety of their assets on exchanges.

The magnitude of the outflows, with a total volume of $2.95 billion on the previous day, suggests substantial institutional activity. Pellicer elaborated, “…retail investors rarely move such large amounts in total. However, some portion likely comes from retail.” This mix of institutional and retail movements indicates a broader consensus possibly leaning towards a bullish outlook for Bitcoin.

Historical data supports the notion that significant outflows generally precede price increases. Pellicer highlighted this pattern, saying, “As Bitcoin leaves exchanges, available supply for trading decreases. Assuming demand remains stable or increases, this supply reduction typically leads to upward price pressure.” This correlation underscores the basic supply-demand dynamics influencing Bitcoin’s market price.

For instance, on May 31, exchanges experienced a net outflow of 16,050 BTC, valued at approximately $1 billion, which was followed by a spike in Bitcoin’s price to $71,000 just five days later. This pattern suggests that large outflows could be a precursor to price rallies, reflecting a strategic shift among investors to brace for potential gains.

New Solana Memecoin Trump Loves Tesla Will Skyrocket 16,000% Ahead of Exchange Listings, While Dogecoin and SHIB Drop

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Trump Loves Tesla could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.

Trump Loves Tesla (TRUMPTES), a Solana memecoin launched this week, is set to explode over 16,000% in price in the coming days.

This is because TRUMPTES is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.

Currently, Trump Loves Tesla can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Trump Loves Tesla could become the next viral memecoin.

Trump Loves Tesla launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy Trump Loves Tesla on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Loves Tesla by entering its contract address – FaFJ9k5uXfXM9KWY8ptvXmYHJR4TjBtQZ2N8oo7kWgtv – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPTES.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

Digital Identity Progression With LUKSO’s Universal Follower System

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X has been banned in Brazil. The French government has charged Telegram’s founder with some pretty outrageous crimes. Decentralized social platforms are what the world needs right now — more than DeFi and more than RWAs.

The blockchain and social media landscapes are on the cusp of a major transformation, thanks to LUKSO’s newest innovation — the Universal Follower System. 

This feature, announced recently, promises to unify social connections across decentralized platforms, offering a seamless follower experience like never before.

Introduction to LUKSO’s New Universal Follower System

LUKSO, an L1 EVM-based blockchain, has always been at the forefront of integrating blockchain technology with social, creative, and cultural use cases. 

Now, with the Universal Follower System, they are taking a massive step toward changing how users connect and interact online. This latest innovation solidifies LUKSO’s role in the ecosystem and sets a new standard for digital identity and social interactions.

How It Works

At its core, the Universal Follower System is a smart contract-based solution designed to create a unified follower registry across various decentralized applications (dApps). 

Unlike traditional social media platforms where followers are siloed within each app, LUKSO’s system allows users to retain their followers across multiple platforms. If two users follow each other on one dApp, their connection is preserved across other dApps in the LUKSO ecosystem.

The technical aspects of this system are rooted in blockchain tech, keeping follower data secure, transparent, and immutable. By recording all follower interactions on-chain, LUKSO guarantees that users have full control over their social connections, free from the constraints of centralized platforms.

Unique Features and Use Cases

The Universal Follower System boasts several unique features that set it apart from traditional follower mechanisms:

  • Automated Actions: The system supports automated actions like follow notifications, ensuring users are always informed about their social interactions.
  • Customization Options: Users can customize their follower interactions based on specific criteria, tailoring their social experience to their preferences.
  • Versatile Applications: From social networking to professional connections, the follower system can be applied across a wide range of use cases, making it a versatile tool for various online interactions.

The system has the potential to redefine how we perceive and manage our social connections in a decentralized world.

Why Blockchain?

LUKSO is a next-generation EVM Layer-1 blockchain designed to revamp social, creative, and cultural domains. The platform unlocks unprecedented opportunities for dApps and on-chain experiences using new smart contract standards. 

The introduction of the Universal Follower System aligns perfectly with LUKSO’s mission to transform how people interact with blockchain technology.

Through these initiatives, LUKSO is paving the way for a more inclusive and user-centric blockchain ecosystem.

Universal Profiles

Central to LUKSO’s vision is the concept of Universal Profiles, based on the ERC 725 standard. Introduced by Fabian Vogelsteller in 2017. ERC 725 allows for the creation of smart contract accounts that can hold any information and be controlled by multiple private keys.

LUKSO’s Universal Profile is the first fully standardized smart contract account. It is a multi-functional profile that works across websites, social accounts, and blockchain wallets. This user-centric design ensures that individuals have complete control over their digital identity, making online interactions more secure and personalized.

Deploying and Using Universal Profiles

Deploying a Universal Profile on LUKSO is a straightforward process. Here’s a step-by-step guide:

  1. Create a Profile: Visit the LUKSO platform and create your Universal Profile by entering basic information and uploading a profile picture.
  2. Customize the Profile: Add tags, links, and other details to personalize the profile. Set up control of the account on multiple devices with different permissions.
  3. Connect with Others: Follow other users and build a personalized social network across various dApps in the LUKSO ecosystem.

By deploying and using Universal Profiles, users can enhance their digital presence and make online interactions more meaningful and secure.

Decentralization Is the Foundation for the Future of Social Platforms

The introduction of the Universal Follower System and Universal Profiles has far-reaching implications for the future of social media, blockchain adoption, and digital identity. The platform will create a more interconnected and user-centric digital ecosystem where individuals have full control over social connections and online interactions.

LUKSO’s Universal Follower System will change social media. By offering a unified follower experience across decentralized platforms, LUKSO is setting a new standard for digital identity and social interactions. 

For those looking to stay ahead of the curve, now is the time to get involved with LUKSO and experience the future of digital identity firsthand.

Crypto Exchange Loses $22 Million in New Hack

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Indonesian cryptocurrency exchange Indodax experienced a significant security breach resulting in the loss of approximately $22 million in various cryptocurrencies, prompting the shutdown of its mobile and web platforms for an in-depth investigation. On September 11, blockchain investigation firms PeckShield, Cyvers, and SlowMist detected unusual activity suggesting an attack on Indodax’s hot wallets, where substantial amounts of Bitcoin, Tron, Ether, Polygon, and Shiba Inu tokens were stolen.

SlowMist’s preliminary analysis indicated a vulnerability in Indodax’s withdrawal system, which allowed the hackers to siphon funds from the exchange’s hot wallet. Cyvers pointed to additional compromised elements, including the signature machine used by the exchange. The stolen assets included over $1.42 million in Bitcoin, $2.4 million in Tron tokens, more than $14.6 million in various ERC-20 tokens, $2.58 million in Polygon, and $0.9 million in Ether from the Optimism blockchain.

Following the breach, Cyvers identified over 150 suspicious transactions across multiple networks, noting that the hacker began converting the stolen assets to Ether. The culprits then reportedly used crypto mixing services like Tornado Cash to launder the funds, making it difficult to trace the stolen assets.

In response to the security incident, Indodax took immediate action by halting all operations and issuing a statement to its users: “Currently, we are conducting a complete maintenance to ensure the entire system is operating properly. During this maintenance process, the INDODAX web platform and application are temporarily inaccessible.”

Amid the investigation, there is speculation about the perpetrators’ identity. Yosi Hammer, head of AI at Cyvers, suggested a link to North Korea’s notorious Lazarus Group, known for its sophisticated cyberattacks on financial institutions. He observed, “The pattern and the characteristics of the (Indodax) attack highly resemble those of North Korea’s Lazarus Group.”

Despite the significant financial impact of the hack, Indodax, with a reserve balance of $369 million as reported by CoinMarketCap, reassured investors of the safety of their assets, hinting at potential measures to compensate for the losses.

Musk Moon Memecoin Will Surge Over 18,000% Ahead of Exchange Listings, As Shiba Inu and DOGE Lag

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Musk Moon could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.

Musk Moon (MUSKMOON), a new Solana memecoin that was launched today, is poised to explode over 18,000% in price in the coming days.

This is because MUSKMOON is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.

Currently, Musk Moon can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Musk Moon could become the next viral memecoin.

Musk Moon launched with over $3,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy Musk Moon on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk Moon by entering its contract address – EeALBZqKS9k4YCFngxwUynEpoKW8Mqf6hXDLuUHhGs1Q – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKMOON.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

New Memecoin Trump Loves Tesla Will Skyrocket 16,000% Ahead of Exchange Listings, While Dogecoin and SHIB Drop

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Trump Loves Tesla could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.

Trump Loves Tesla (TRUMPTES), a Solana memecoin launched this week, is set to explode over 16,000% in price in the coming days.

This is because TRUMPTES is set to soon be listed on numerous crypto exchanges, according to reports.

This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.

Currently, Trump Loves Tesla can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.

Early investors in SHIB and DOGE made astronomical returns, and Trump Loves Tesla could become the next viral memecoin.

Trump Loves Tesla launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.

To buy Trump Loves Tesla on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Loves Tesla by entering its contract address – FaFJ9k5uXfXM9KWY8ptvXmYHJR4TjBtQZ2N8oo7kWgtv – in the receiving field.

If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.

Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.

If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.

The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.

This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPTES.

Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.

Bitcoin Erases Gains as Donald Trump Struggles in Debate Against Kamala Harris

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On September 11, Bitcoin faced a downturn, erasing recent gains as the U.S. Presidential debate left investors wanting more clear support for cryptocurrency policy. The BTC/USD pair saw a sharp $1,000 decline within an hour at the daily close, touching lows of $56,099 on Bitstamp according to data from Cointelegraph Markets Pro and TradingView.

The debate, featuring Donald Trump and Kamala Harris, did not provide the crypto-specific assurances that investors had hoped for. Trading firm QCP Capital expressed disappointment, noting on Telegram, “The crypto market was also disappointed by the lack of comments related to crypto policy.” The firm also hinted at potential volatility as the U.S. Presidential election approaches, suggesting a “risk-off move in risk assets” could be likely.

Attention in the crypto market has begun shifting from the debate to economic indicators, with the August Consumer Price Index (CPI) figures due for release. QCP Capital remarked, “With this macro event behind us, attention now turns to tonight’s CPI release,” anticipating the CPI to register at 2.55% compared to the previous 2.9%. They speculated on a possible upside surprise but expected minimal market impact as focus shifts towards unemployment data.

Crypto trader Michaël van de Poppe commented on the potential for Bitcoin’s momentum post-CPI and Producer Price Index (PPI) releases, suggesting that the day’s price movement was a typical pre-event correction. “Just a regular correction happening currently with CPI coming up. We’ll be good if $55-56K holds,” he stated on X.

Adding to the technical analysis, Daan Crypto Trades pointed out Bitcoin’s struggle to breach the 200-period simple (SMA) and exponential moving average (EMA) on the 4-hour chart, identifying these averages at $59,200 and $58,840 respectively. He argued that Bitcoin’s position relative to these averages could indicate the overall market strength or weakness, noting, “Bulls would want to retake those to get a further bounce going.”

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