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Beware: Uniswap Now Hosting a Dubious Meme Token
Amidst the Ethereum ETF speculation frenzy, a surge in dubious coins and new assets targets investors caught up in the hype. A new token on Uniswap seems to fit this pattern, with its name indicating a reliance on potential Ethereum ETF approval news to boost its value.
The fiat gateway from Advcash made it possible for users to transfer their money stored in Russian banks, which have fallen under sanctions, to the exchange.
The user base is spreading this news, having gotten notifications from the exchange about it.
Nevertheless, Advcash representatives assert that they haven’t received any communications from Binance concerning updates to their partnership.
Stated to be a staggering 10 times faster than Solana, the network accomplishes transaction finality in just 250 milliseconds.
Trading of the blockchain's native token (SEI) has started on different centralized exchanges, and it's now valued at approximately $0.19.
There's also news of an airdrop, but claiming will be permitted only after the "initial warm-up period."
The time frame for this warm-up has not yet been revealed.
Prominent Israeli journalists Miri Michaeli and Amit Segal have fashioned their own digital avatars for the ACT News channel on TikTok, thanks to artificial intelligence.
While the artificial voices of Michaeli and Segal exhibit some deviation from their real-life vocal tones and there are minor lip-sync discrepancies, audiences readily accept the news as genuine.
Initially focused on championing Israeli interests, the brains behind ACT News now plan to harness these AI-powered avatars to cover "uplifting events from around the world".
The SEI token, having just been released, now finds itself in the 85th spot in terms of market capitalization, as reported by Coinmarketcap. It's also making its presence felt in daily trading, occupying the seventh position with a volume of $1,6 billion.
While current metrics paint a promising picture for the project, it's worth noting that the cryptocurrency arena frequently sees such developments. Therefore, it's wise to approach this news with measured optimism.
The largest copycat token was launched shortly after the news and managed to amass a trading volume of $2.6 million within just eight hours, experiencing an astonishing surge of 12,000%. However, its price has since significantly dropped.
Another noteworthy token, going by the name PepeYieldUnibotSatoshiDoge, also exhibited remarkable growth of 3,000%.
Most of these fake PYUSD tokens are probably created as "honeypots."
Get ready, crypto fans, because in just two days, WhiteBIT is about to make a major announcement regarding the release of their mainnet, WB Network!
The blockchain explorer is already up and running, allowing you to keep track of the countdown to the launch.
Also, good news for participants in the testing phase — the developers have confirmed a retroactive airdrop for you! Once the release is live, you'll be eligible to receive the airdrop.
The total loss incurred surpassed $50 million, causing the Total Value Locked (TVL) of the project to drop by over 40% following the news.
CRV price also plummeted by over 20%.
Security analysts at Beosin reported that the attacker specifically targeted Curve’s factory pools associated with several projects, including Alchemix, JPEG’d, MetronomeDAO, deBridge, and Ellipsis. 










