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Fantom (FTM) introduces Sonic Labs and Sonic Foundation, entities aimed at enhancing the utility of the Sonic Network within the Web3 space. To drive growth in the Sonic Network, Fantom announces a $10 million funding program, led by Hashed and joined by prominent investors like UOB Ventures and Signum Capital. Fantom (FTM), a Directed Acyclic Graph (DAG) protocol, has unveiled two significant updates related to its Sonic Network, signaling a strategic move within the broader community. According to the Fantom…

The post Excitement Peaks as Solana ETFs Loom and Ethereum Approval Nears – How Will Furrever Token React? appeared first on Coinpedia Fintech News In the midst of Ethereum and Solana ETF anticipation, Furrever Token aims to charm crypto enthusiasts with its cute cat-themed visuals and engaging challenges. While major cryptos prepare for mainstream attention, Furrever Token banks on its unique community appeal carve its niche in the evolving landscape. With a loyal following and creative spirit, it stands poised…

The post Crypto Market Update: Solana ETF, Shiba Inu Burn Rate, and Furrever Token $20K Competition Deadline Soon appeared first on Coinpedia Fintech News The cryptocurrency market is abuzz with exciting developments across various tokens. This week, we spotlight the significant events surrounding Solana, Shiba Inu, and Furrever Token. From the anticipated approval of a Solana ETF to Shiba Inu’s impressive burn rate and Furrever Token’s lucrative competition, here’s everything you need to know. Shiba Inu’s Remarkable Burn Rate Surge…

Crypto investors renowned for their foresight in moving into Solana (SOL) during its ICO phase, have once again captured attention by making substantial investments in Retik Finance (RETIK) as its token launches on centralized exchanges (CEXs). This bold move has ignited speculation among crypto enthusiasts, prompting questions about whether Retik Finance could emerge as the next Solana. Let us delve into the details of this investor's strategy, the factors driving Retik Finance's growth, and the potential for it to replicate…

The hacker who exploited Gala Games' system to mint and sell 600 million GALA tokens returned $22 million in Ether after swift action and federal law enforcement involvement. Exploited Funds Returned Gala Games has recovered approximately $22 million in Ether following a severe exploit on May 20. The breach involved an unidentified hacker minting 5 billion new GALA tokens through compromised internal controls. The attacker subsequently sold 600 million of these tokens on decentralized exchanges, acquiring nearly 6,000 ETH tokens…

The 99Bitcoins crypto education platform is shaking up the market with its new 99BTC token. Over $1.5 million has already been raised through the presale for 99BTC - and some early backers believe its price could 10x (or more) once listed on the open market. 99Bitcoins Token & Its Disruptive Model for Crypto Education So what exactly is it about 99Bitcoins Token that has investors buzzing? The main reason is that it will power the 99Bitcoins platform’s new “Learn-to-Earn” ecosystem. Rather…

The post Ethereum ETF on the Horizon, Solana Becomes Fifth Largest Crypto, and Furrever Token to Soar appeared first on Coinpedia Fintech News As the crypto market continues to evolve, major developments are taking centre stage. Solana has recently become the fifth-largest cryptocurrency, showcasing its growing influence and resilience in a competitive landscape. Meanwhile, Ethereum is making headlines with the anticipated approval of its first ETF, which could further solidify its dominance and attract institutional investors. Amidst these significant advancements,…

The Shiba Inu community has been rife with speculation that BONE could finally be listed on Binance following the exchange’s latest call for projects to apply for a listing. BONE has gained over 9% in the past day on these speculations and the successful integration of ShibaSwap into Shibarium, the ecosystem’s layer 2 network. Could BONE be about to debut on Binance? This speculation has emerged over the past few days, leading to over 9% gains for the token, which…

In a recent security incident, Gala Games, a Web3 gaming company, fell victim to an exploit that led to the unauthorized minting of 5 billion tokens, equivalent to approximately $214 million.  The hacker behind the breach subsequently sold 592 million GALA tokens, amounting to $21.8 million in value, as blockchain analysis firm Lookonchain confirmed. CEO Of Gala Games Takes Responsibility For Breach Gala Games responded to the breach, assuring the community via social media platform X (formerly Twitter) that the…