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Nigerian authorities have arrested nearly 800 individuals linked to crypto "pig butchering" scams that targeted North American and European victims. These scams involve building trust with victims online to lure them into investing in fake opportunities, after which the fraudsters disappear with their funds. A recent raid in Lagos uncovered a call center where foreign nationals trained Nigerian accomplices to execute these scams, utilizing high-end technology and fake profiles to engage victims.
Toncoin has seen a price increase of 3.6% to $6.39, despite a significant decline in decentralized exchange activity, raising concerns about the sustainability of this trend. While Open Interest has risen, indicating trader confidence, the number of active addresses has dropped sharply from 3.8 million to 1 million since October. With a market cap of $15.24 billion and a projected average price of $7.25 by the end of 2024, Toncoin's future remains uncertain amid market volatility.
Tradable NFT stickers have launched on Telegram through The Open Network (TON), allowing users to purchase limited edition digital sticker packs with the platform's native currency, Stars. These stickers can be shared in chats and traded as NFTs, creating scarcity for collectors. The Sticker Shop will feature collaborations with popular projects like Pudgy Penguins and Bored Ape Yacht Club, while the Earn launchpool platform enables token holders to earn rewards simply by holding their tokens.
Fintopio is revolutionizing Web3 adoption by merging centralized and decentralized finance through its versatile wallet and payment platform. With the upcoming HOLD token, users gain fee reductions, governance rights, and access to gamified engagement, fostering an inclusive financial ecosystem. The platform's multi-channel accessibility, including Telegram, iOS, Android, and web, ensures that users from all backgrounds can easily navigate the digital finance landscape.
The Financial Conduct Authority (FCA) is seeking industry feedback on a discussion paper aimed at enhancing regulations in the UK crypto market to combat abuse and improve transparency. With 12% of UK adults now owning crypto, the FCA emphasizes the need for robust internal measures among trading platforms to ensure market integrity and protect consumers. Stakeholders are invited to provide input by March 14, 2025, ahead of a forthcoming Consultation Paper.
OKX Ventures has invested $5 million in the Toncoin ecosystem to foster the development of Telegram-native applications, boosting Toncoin's value by 4.4% to $6.2. Meanwhile, Filecoin is hosting a developer summit in Buenos Aires, celebrating a 51% surge in value over the past month, now at $6.43. Rollblock ($RBLK) is gaining traction in the GambleFi sector, surpassing $7 million in investments and promising significant price appreciation as it enhances the casino model with blockchain and AI technology.
This weekend presents a prime opportunity for investors in the crypto market, with several promising coins to consider. Qubetics ($TICS) stands out for its innovative approach to real-world asset tokenization, while Avalanche (AVAX), Polygon (MATIC), and Cardano (ADA) offer strong growth potential through their unique technologies and partnerships. Analysts predict significant price increases for these coins, making now the ideal time to invest.
5thScape (5SCAPE) is poised to revolutionize the VR landscape by integrating blockchain technology, offering immersive experiences in gaming, education, and entertainment. With its upcoming exchange debut in January 2025 and a successful presale raising over $8 million, investor interest is surging.Ethereum (ETH) continues to lead in smart contracts, while Ripple (XRP) streamlines cross-border payments. Other notable mentions include Solana (SOL) for scalability, Chainlink (LINK) for real-world data integration, and Toncoin (TON) leveraging Telegram's ecosystem.
As major cryptocurrencies like Solana and Toncoin pause, Cybro is set to debut on exchanges following a remarkable presale that raised $7 million and saw a 450% surge in token price. Launching at $0.06 on December 14th, Cybro aims to democratize decentralized finance with innovative tools and a strong roadmap through 2025, attracting significant interest from investors.
Tomarket, a popular Telegram game, is shifting its token launch from The Open Network (TON) to the Aptos blockchain, with the TOMA token set to debut on December 20. The game, which boasts 50 million users, will conduct an airdrop for players meeting specific criteria. Meanwhile, TapSwap plans to launch its TAPS token on TON in January 2025, offering rewards based on player engagement.
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nigeria arrests nearly 800 in major crypto scam targeting foreign victims
18:55 18.12.2024
toncoin price surge overshadowed by declining decentralized exchange activity
15:30 17.12.2024
telegram launches sticker shop with tradable nft decals on ton
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Fintopio Wallet Revolutionizes Web3 with Seamless CeFi and DeFi Integration
08:50 17.12.2024
FCA seeks industry feedback to enhance UK crypto market regulations
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05:40 17.12.2024
OKX Ventures invests in Toncoin as Filecoin and Rollblock gain traction
18:15 16.12.2024
top cryptocurrency picks for weekend investment to maximize growth
17:15 16.12.2024
5thScape emerges as top crypto investment with innovative VR and blockchain technology
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cybro exchange debut generates excitement with strong presale performance and projections
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Tomarket shifts token launch to Aptos ahead of December airdrop
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