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Bitcoin Up 3% to Recover $68K, Solana Outperforms, Ether Shows Relative Weakness
The top gainers on the CoinDesk 20 were $BTC Cash and Uniswap, each up more than 5%. Cryptocurrencies have risen after three days of moderate declines, with the CoinDesk 20 up 2.7% over the past 24 hours. $SOL 's market cap dominance is approaching an all-time high of 3.70%.
Crypto stocks also rose, with MicroStrategy shares jumping nearly 10% to a fresh 25-year high.
Cryptocurrencies rose on Thursday, reversing a brief slide that began with Bitcoin ($BTC ) failing to rebound to $70,000 early Monday. #IntroToCopytrading #BinanceTurns7 #Matic #blockaid
The top gainers on the CoinDesk 20 were $BTC Cash and Uniswap, each up more than 5%. Cryptocurrencies have risen after three days of moderate declines, with the CoinDesk 20 up 2.7% over the past 24 hours. $SOL 's market cap dominance is approaching an all-time high of 3.70%.
Crypto stocks also rose, with MicroStrategy shares jumping nearly 10% to a fresh 25-year high.
Cryptocurrencies rose on Thursday, reversing a brief slide that began with Bitcoin ($BTC ) failing to rebound to $70,000 early Monday. #IntroToCopytrading #BinanceTurns7 #Matic #blockaid
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#blockaid #condom #solana
Blockaid: 50% of meme token presales on Solana in 4 months turned out to be fraud.
What happened? About half of the presales of meme tokens on the Solana blockchain between November and February turned out to be scams, as reported by analysts at the cybersecurity company Blockaid. They noted that the boom in meme coins has become “fertile ground” for attackers who actively exploit the fear of missing out (FOMO) among traders, luring them by imitating legitimate transactions and creating fake websites.
What else is known? Launching tokens through presales has become popular in the Solana ecosystem in recent months. This method involves investors sending cryptocurrency to the creator's address and receiving a weighted distribution of tokens once the project is launched. In this case, there is no guarantee that the investor will receive new tokens in exchange for the cryptocurrency sent, which makes presale an extremely popular model for scammers.
Just last month, an anonymous blockchain researcher under the nickname ZachXBT reported several cases of scams with damages in excess of $2.5 million. Later, the creator of the CONDOM token disappeared with investor funds.
Blockaid: 50% of meme token presales on Solana in 4 months turned out to be fraud.
What happened? About half of the presales of meme tokens on the Solana blockchain between November and February turned out to be scams, as reported by analysts at the cybersecurity company Blockaid. They noted that the boom in meme coins has become “fertile ground” for attackers who actively exploit the fear of missing out (FOMO) among traders, luring them by imitating legitimate transactions and creating fake websites.
What else is known? Launching tokens through presales has become popular in the Solana ecosystem in recent months. This method involves investors sending cryptocurrency to the creator's address and receiving a weighted distribution of tokens once the project is launched. In this case, there is no guarantee that the investor will receive new tokens in exchange for the cryptocurrency sent, which makes presale an extremely popular model for scammers.
Just last month, an anonymous blockchain researcher under the nickname ZachXBT reported several cases of scams with damages in excess of $2.5 million. Later, the creator of the CONDOM token disappeared with investor funds.
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Scam Warning: Fake DeepSeek Tokens Flooding Ethereum and Solana
DeepSeek AI has become "bait" for crypto scams
The AI model #DeepSeek from China, known for its high performance and low cost, is attracting global attention. However, this popularity has also brought a wave of fake tokens on the $ETH and $SOL networks aimed at scamming cryptocurrency traders.
According to security company #Blockaid , over the past 24 hours, more than 75 fake tokens claiming to be DeepSeek have appeared. Notably, DeepSeek has never released any tokens or been involved in the crypto market.
The AI model #DeepSeek from China, known for its high performance and low cost, is attracting global attention. However, this popularity has also brought a wave of fake tokens on the $ETH and $SOL networks aimed at scamming cryptocurrency traders.
According to security company #Blockaid , over the past 24 hours, more than 75 fake tokens claiming to be DeepSeek have appeared. Notably, DeepSeek has never released any tokens or been involved in the crypto market.
Blockaid raises $50M in a Series B funding round
#Blockaid secures $50M in a Series B funding round led by Ribbit Capital, with participation from GV Google Ventures, Variant and Cyberstarts. This investment brings Blockaid 's total funds raised to $83M.
Blockaid provides leading security tools to stop malicious transactions before they happen, protecting #Web3 users from scams, phishing, and hacks.
👉 bloomberg.com/news/articles/2025-02-18/ribbit-leads-50-million-investment-in-crypto-security-platform
#Blockaid secures $50M in a Series B funding round led by Ribbit Capital, with participation from GV Google Ventures, Variant and Cyberstarts. This investment brings Blockaid 's total funds raised to $83M.
Blockaid provides leading security tools to stop malicious transactions before they happen, protecting #Web3 users from scams, phishing, and hacks.
👉 bloomberg.com/news/articles/2025-02-18/ribbit-leads-50-million-investment-in-crypto-security-platform
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Half of the meme tokens on the Solana network were issued by scammers
Half of the meme tokens on the Solana (SOL) network were issued by scammers, according to a study by cybersecurity company Blockaid.
Blockaid co-founder Ido Ben-Nathan reported an increase in scams on the SOL blockchain due to the rapid growth in popularity of meme-based cryptocurrencies. According to him, scammers accounted for 50% of organized pre-sales of meme tokens in the period from November 2023 to February 2024.
Fraudsters try to make money by taking advantage of people's fear of missing out. They use sophisticated tactics, such as imitating legitimate transactions and creating misleading websites,” Ben-Nathan said.
Ido Ben-Nathan (left)
During the bull run in March, people invested $100 million in meme tokens issued on the Solana network in three days during the pre-sale stage. In this regard, it can be assumed that the scammers' catch amounted to hundreds of millions of dollars.
#memcoin #blockaid #Solana #news
$SOL
Half of the meme tokens on the Solana (SOL) network were issued by scammers, according to a study by cybersecurity company Blockaid.
Blockaid co-founder Ido Ben-Nathan reported an increase in scams on the SOL blockchain due to the rapid growth in popularity of meme-based cryptocurrencies. According to him, scammers accounted for 50% of organized pre-sales of meme tokens in the period from November 2023 to February 2024.
Fraudsters try to make money by taking advantage of people's fear of missing out. They use sophisticated tactics, such as imitating legitimate transactions and creating misleading websites,” Ben-Nathan said.
Ido Ben-Nathan (left)
During the bull run in March, people invested $100 million in meme tokens issued on the Solana network in three days during the pre-sale stage. In this regard, it can be assumed that the scammers' catch amounted to hundreds of millions of dollars.
#memcoin #blockaid #Solana #news
$SOL
MAJOR RECENT CRYPTO FUNDRAISING EVENTS
#Blockaid #CygnusFinance $CYGNUS #Kinto #Altius #Mansa #Universal #Fluent #Primus
#Blockaid #CygnusFinance $CYGNUS #Kinto #Altius #Mansa #Universal #Fluent #Primus
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