Track market-moving stories before they get noisy

Sandisk's tokenized stock SNDK is now live on the Solana network.

According to official announcements, Sandisk’s tokenized stock SNDK has officially launched on Solana via Sunrise. SNDK is the tokenized stock representing SanDisk, the storage chip manufacturer. Users can now trade SNDK 24/7 through various wallets and applications within the Solana ecosystem, even when traditional stock markets are closed.

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Jiang Zhuoer: This round of Bitcoin bear market may bottom out in Q4 2026, with a target range of $42,000 to $44,000.

BTC.TOP founder Jiang Zhuoer wrote in a post that Strategy’s modified net asset value (mNAV) has fallen to 0.72, near the 0.7 low hit in May 2022 during the last bear market. Citing recent market sentiment events including STRC’s depegging, he noted that mNAV is now in the bottom zone of this cycle. mNAV usually bottoms roughly six months before Bitcoin’s price. Using the "four-year cycle" and volatility decay model, Jiang projected that this Bitcoin bear market will likely bottom between October and December 2026, with a target price range of $42,000 to $44,000. He added that his recent medium-short term strategy remains focused on selling spot assets and holding short positions, and will switch to buying spot and going long once the expected bottom arrives.

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The VIX Fear Index for the US stock market stands at 18.63 today, with fear sentiment intensifying in the crypto market.

According to Cboe data, the U.S. stock market's VIX Fear Index stands at 18.63 as of today, down 0.86 points from the prior reading of 19.49, marking a decline of approximately 4.41%. Separately, per Alternative data, the Crypto Fear & Greed Index is at 12 today (compared to 17 yesterday), indicating intensifying extreme fear sentiment.

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Bank of Japan Board Member: Should Accelerate Pace of Interest Rate Hikes If Upside Inflation Risks Intensify

Bank of Japan (BOJ) Policy Board member Naoki Tamura stated that if upside risks to price growth intensify further, the BOJ should not hesitate to accelerate the pace of interest rate hikes or raise rates by a larger margin. He projected that the BOJ will implement interest rate hikes every few months until its policy rate reaches the neutral level of around 2%. (Golden Ten)

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Crypto token M plunged over 80% in a short period, hitting a low near $0.5.

According to HTX market data, the token M saw a sharp short-term price plunge, with its decline once exceeding 80% and hitting a low of around $0.5, and is now trading at $0.54.

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Blockchain data infrastructure firm Cambrian has closed a $6 million funding round, jointly led by Franklin Templeton and Polychain Capital.

Blockchain data infrastructure project Cambrian has closed a $6 million seed round, co-led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, and other investors. The project previously raised a $5.9 million pre-seed round led by a16z Crypto Startup Accelerator, bringing its total funding to $11.9 million. Cambrian currently provides institutional investors and AI Agents with real-time and historical data APIs covering on-chain yields, risks, lending markets, and trading activities, and plans to further build a verifiable data oracle network. Official data shows it has indexed over $4.5 billion in lending TVL, tracks more than 320,000 DEX liquidity pools, and currently supports Base and Solana, with plans to expand to additional ecosystems including Ethereum. The funds will be used to expand on-chain data coverage, accelerate oracle network development, and team recruitment.

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PANews reported on November 25th that Coinbase will launch spot trading for Fluid (FLUID) and World Mobile Token (WMTX), according to an official announcement. In supported trading regions, the FLUID-USD and WMTX-USD trading pairs will open on or after 01:00 Beijing time on November 26, 2025, provided liquidity conditions are met. Fluid (FLUID) and World Mobile Token (WMTX) will be available for trading on the coinbase․.com website, the Coinbase app, and the Coinbase Advanced platform. Institutions can trade Fluid (FLUID) and World Mobile Token (WMTX) directly through the Coinbase exchange.

Table of contents

World Mobile Chain (WMC), a first purpose-built Layer 3 blockchain designed for decentralized physical infrastructure networks (DePIN) in the telecom industry, is pleased to announce the milestone achievement of World Mobile Token ($WMTX) on Binance. The primary purpose of this step is to enhance global access to $WMTX and lay the groundwork for World Mobile’s next phase of growth.

This step gives the $WMTX to broad level exposure, easier onboarding, and stronger market infrastructure.  $WMTX is also available on many other prominent exchanges, including MEXC, Gate.io, KuCoin, Kraken, and Coinbase. The Binance exchange is serving millions of users across more than 180 countries, which offers unparalleled global access and liquidity. World Mobile Chain has released this news through its official social media X account.

$WMTX Listing on Binance Marks a Milestone for Decentralized Connectivity WMTX’s listing via Binance Alpha enhances accessibility for people who want to engage with a decentralized community-powered mobile network. The statistical report reveals more than 3 million daily active users, and over 100000 AirNodes have been deployed globally. These marvelous reflect real-world adoption at a meaningful scale that people depend on every day for necessary connectivity.  

Micky Watkins, World Mobile CEO, expressed his thoughts. He said, “Listing WMTX within the Binance ecosystem represents an important moment for World Mobile. It expands global access to a network already operating at a planetary scale and highlights the progress our community has made in building decentralized connectivity across multiple continents.

World Mobile Scales Its Global Ecosystem with Binance Alpha The Binance Alpha listing helps in expanding participation in an ecosystem where decentralized infrastructure and daily joint ventures are tightly linked. World Mobile Chain selects famous exchange platforms for getting a seamless and secure entrance into the market. Moreover, CEO of World Mobile, Micky Watkins, said, “This listing represents another important step in expanding access to a network built by communities, for communities.”

This milestone reflects the growing momentum behind a model where communities help build and benefit from the network they rely on.” The basis of trust is ensured by listing on prominent exchanges, which helps in increasing network growth along with the global ecosystem.

AUTHOR

Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.

The cryptocurrency market is continuing its sideways trading dynamic. After falling just above the $10,000 mark, Bitcoin has staged a small recovery, rolling back its weekend losses, currently staying at $10,300. See below for our full Bitcoin price analysis.

Cryptocurrency market dynamics since August 24. Source: Coin360 Altcoins are seeing a more depressing outlook, with few of the coins in the top-50 posting any gains.

Ontology rises on MovieBloc release The weekend brought good news to the Ontology community, as the release of a public beta for MovieBloc was announced. MovieBloc is an Ontology-based movie and content distribution platform – a kind of decentralized Netflix.

The price had a strong response to the event, peaking at $0.88, a 17% increase. It has since fallen to about $0.79, placing the total gain at little over 5%.

Ontology price dynamics. Source: CoinMarketCap The other notable outlier is BAT, which after the impressive run on Wednesday corrected by more than 7% over the weekend.

Nathan on Bitcoin Bitcoin has had a lively start to the new trading week as large moves across global financial markets appear to have made an impact on the price of the number one cryptocurrency. It remains to be seen if Bitcoin can hold onto today’s gains, given the heavy rejection from just above the $10,600 level earlier today.

After testing back towards its 100-day moving average over the weekend and finding no real selling interest, Bitcoin has traded as high as $10,650 this morning, before dropping back to the $10,200 level. At present, Bitcoin is managing to outpace most of the top altcoins in terms of intraday gains, while its overall market dominance has recovered back towards 69 percent. 

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I would like to point out an interesting observation from a short-term technical standpoint for Bitcoin. The four-hour time frame is currently showing a bearish head and shoulders pattern, with a nine-hundred point downside projection.

The breakout point or the neckline of the pattern is currently found just below the $10,000 level, with the pattern remaining valid while price trades below the $10,985 level. This suggests an upcoming test of the $9,100 level, which would be a potential trend defining momentum for the BTC/USD pair if the pattern plays out to the downside.

*Technical analysis suggests that a sustained break below the $10,000 level is increasingly likely to lead to a test of the $9,100 support level.*

Bitcoin Sentiment Analysis Intraday bullish sentiment for Bitcoin has increased to 56.20%, according to data from TheTIE.io – while the long-term sentiment indicator has increased to 70.46% positive.

It is worth noting that intraday bullish sentiment has gradually been picking up through the day, despite the pullback in price from the $10,650 level.

UPSIDE POTENTIAL

Short-term bulls need to move price above the $10,700 to inspire confidence for another attempt at the $11,000 technical barrier. Key near-term resistance for the BT/USD pair is currently located at the $10,550 and $10,650 levels. 

The daily time frame is showing that the 50-day moving average capped the latest rally, while the Ichimoku indicator on the mentioned time frame highlights that the $10,870 level is the strongest form of intraday technical resistance.

DOWNSIDE POTENTIAL

The Ichimoku indicator on the four-hour time frame suggests that sellers need to push price below the $10,280 level to regain short-term control. The previously mentioned head and shoulders pattern is also dominating the technical landscape across the lower time frames.

The $10,000 level is once again absolutely key this week, particularly daily price closes under the $10,000 to $9,900 technical confluence area. The downside can easily extend towards the $9,100 level if we start to see sellers gaining control under the $9,900 level.

Disclosure: This article was edited by Andrey Shevchenko. For more information on how we create and review content, see our Editorial Policy.

MBL: Meet the Future Masters of Cinema: Cannes ‘La Cinef’ Awards Showcase on MovieBloc

MBL: 안방에서 떠나는 유럽 시네마 투어: MovieBloc x oriGine films 유럽 영화제 상영작 특별전

MBL: MovieBloc 2026 1분기 로드맵 성과 공개

MBL: 기존의 틀을 깨는 전위적 시선: MovieBloc x FUSA FILMS 특별전

Breaking Boundaries: [FIDMarseille x MovieBloc Showcase]

2 min read

Apr 29, 2026

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Bringing the Artistic Inspiration of Marseille directly to your screen.Defying cinematic conventions and embracing experimental perspectives that transcend genres — the Marseille International Film Festival (FIDMarseille), a leader in the global independent film scene, has partnered with the global platform MovieBloc.

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Out of thousands of submissions each year, only about 50 are selected through a rigorous curation process. We now open the doors to the [FIDMarseille x MovieBloc Showcase], featuring the very essence of this prestigious festival.

Why Marseille, Why Now?This showcase is more than just a collection of films. The lineup consists of five standout works from 2023 to 2025, handpicked by Artistic Director Cyril Neyrat. These films embody the most burning questions of contemporary cinema.

“The films in this selection represent an expansion of what cinema can show. I hope the Korean audience feels a deep resonance through these works and joins us in reflecting on the questions they pose.” > — Cyril Neyrat, Artistic Director of FIDMarseille

The highlight of this showcase is the unprecedented opportunity to watch the Grand Prix winners of the Short Film Competition from three consecutive years in one place. This is a rare occasion, offering a definitive look into the aesthetic evolution of modern short films.

The Curated Lineup: 5 Award-Winning MasterpiecesPress enter or click to view image in full size

ABORTION PARTY (2025 Grand Prix): A provocative narrative hidden behind the facade of vibrant animation.A Circle That Rolled Away (2024 Grand Prix): An awe-inspiring one-take technique capturing the vivid energy of Buenos Aires.Two Giants That Exist Here (2023 Grand Prix): A sharp dissection of social absurdities through the lens of a traditional folktale style.Control Anatomy (Special Mention): A piercing archival film that deconstructs the history of violence through recorded memory.Dead Tongue (Special Mention): A masterpiece that visualizes the fragments of tragic history through the unique aesthetics of film stock.Event DetailsRunning for just two weeks, this showcase offers more than just screenings. We are exclusively releasing behind-the-scenes interviews, where directors personally share their creative intentions. We invite you to explore the hidden layers of cinema through the voices of the creators themselves.

Period: April 29 (Wed) — May 13 (Wed), 2026Platform: MovieBloc Official Website & Mobile AppFor those who seek a moment of cinematic reflection beyond mere viewing, we invite you to immerse yourself in the deep artistic ambiance of Marseille.

[📽️ Visit the FIDMarseille Showcase] https://www.moviebloc.com/event/FIDM2026

New Non-Custodial Telegram Trading Bot Bitbot Raises $300k In First 72 Hours Of Presale

29.01.2024 - 10:03

Update: 29.01.2024 - 10:03

Cryptocurrency trading platform Unibot team made a new announcement today regarding the UNISOL token to be issued based on Solana.

At this point, Unibot, which initially came out as part of the Ethereum (ETH) ecosystem, announced that it has now adopted the Solana ecosystem and will launch a new token, UNISOL.

The new token, UNISOL, is designed to generate revenue in SOL, Solana's native currency, the team said.

This new token announcement was met with skepticism by investors and caused volatility in UNIBOT's price.

However, the developers assured in their statement that UNISOL can increase the value of UNIBOT.

The team also announced that UNIBOT holders will receive 80% of the UNISOL supply as an airdrop.

This move will allow UNIBOT holders to benefit from the 50% distribution of revenue generated by Unibot on Solana and earn additional earnings through the UNISOL airdrop.

UNIBOT, which experienced an increase of nearly 50% after the announcement, continues to be traded at $ 57 with an increase of approximately 20% at the time of writing.

//ANNOUNCEMENT

We'd like to clear the confusion around the path forward.

The revenue sharing for protocol revenue generated by @UnibotOnSolana is split 50/50 between two pools, described as follows.
Pool #1: simply being a holder of $UNIBOT on Ethereum, no strings attached.… pic.twitter.com/vqEVVhG1FI

— Unibot (@TeamUnibot) January 28, 2024

*This is not investment advice.

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January 29, 2024

Source / Sam Cooling x Unibot Trading application Unibot has announced the issuance of a native Solana ecosystem token, UNISOL, causing a stir in the market and triggering volatile price action last week. The move, which initially met criticism from long-time UNIBOT holders, is intended to accrue value back to the holders of the original Ethereum-based UNIBOT tokens.

F*CK points. Trade with Unibot, share your PNLs on @X and get $UNISOL tokens to start earning revenue on Solana. Our airdrops are kickstarting soon. 🪂

Trade now: https://t.co/Mq0O2BZB1N

Join our community: https://t.co/js1RPkujfK pic.twitter.com/udnMG72xYT

— Trojan on Solana (@TrojanOnSolana) January 26, 2024

Unibot is a trading tool built within Telegram that allows users to execute on-chain token trading activities on Uniswap through conversations on the messaging platform. The bot offers features like token swapping, copy trading, limit orders, privacy trading, and real-time alerts for new Ethereum tokens.

Unibot expanded its operations to the Solana ecosystem in late December, but introducing the UNISOL token last week raised concerns among UNIBOT holders. Fears of dilution led to a sell-off as traders seemed inclined to favor the newer UNISOL token over the original UNIBOT.

However, developers reassured the community on Monday that UNISOL could enhance UNIBOT’s value accrual, potentially alleviating recent losses as traders factored in new information. Unibot facilitates user wallets’ connection to the decentralized exchange Uniswap, enabling seamless token trading similar to messaging on popular platforms like Telegram or a terminal.

Developers explained the revenue-sharing mechanism for protocol-generated income by @UnibotOnSolana, splitting it 50/50 between two pools. The first pool benefits holders of UNIBOT on Ethereum, who link their Ethereum address to a Solana address receiving revenue in SOL. The second pool rewards holders of UNISOL on Solana.

UNIBOT holders are slated to receive approximately 80% of the UNISOL supply through a snapshot and claim mechanism. Despite the recent sell-off, developers believe this integration could enhance UNIBOT’s value proposition.

Users can interact with Unibot directly on Telegram, streamlining the process of making token trades without switching between social and decentralized finance (DeFi) applications. Unibot charges transaction fees ranging from 0.5% to 1.5% for each transaction, with 80% of its income generated from these token trading taxes.

Since its launch in early January, Unibot has attracted over 20,000 users, generating more than $130 million in total volume, according to developers. The platform’s user base has steadily increased, reaching 41,000 on Monday, up from just over 2,000 at the end of June.

Unibot Expands to Solana with Unisol Aiming to Boost Revenues Amid Shift in Memecoin Trading Activity
According to Dune Analytics data, out of the current 3,280 ETH revenue captured by Unibot, 2,843 ETH comes from the UNIBOT token trading tax, with less than 20% generated from the main bot trading business. On Sunday alone, according to Dune Analytics, Unibot generated $74,000 in fees across Solana and Ethereum, with average daily volumes exceeding $5.5 million.The application’s revenue model revolves around two primary methods: bot trading fees and the trading tax of its native token, UNIBOT. The former involves the platform charging a 1% fee on each transaction, with 40% distributed to token holders. The latter is a 5% tax on all UNIBOT token transactions, with 1% allocated to token holders.However, revenues generated by Unibot are shared with token holders who possess at least 10 UNIBOT. Token holders have received over 4,496 ETH in total rewards, valued at over $11.3 million at current prices.Token holders can enhance their rewards by sharing their unique referral code, earning 25% of the total fees generated by anyone using their referral code. Stakers can expect a 9.43% annual percentage rate (APR).Unibot’s strategic expansion to the Solana blockchain comes amid a booming period for blockchain trading in December. Decentralized exchanges on Solana have now become the third-most active among traders, following those on Ethereum and Arbitrum.Last summer, Ethereum experienced a similar memecoin frenzy driven by platforms like Unibot and Maestro, leveraging Telegram trading bots. As activity metrics on Solana return to normal after a year-end surge, Unibot’s move to Solana aims to capitalize on the blockchain’s increasing popularity among traders.During its peak in August, Unibot facilitated over $8 million in daily trading volume through its Telegram interface, generating more than 11,400 Ether worth $29.5 million in lifetime fees. However, with a significant portion of memecoin trading activity shifting from Ethereum to Solana, Unibot’s revenue also experienced a decline.Popular trading bots are following the Solana trend to boost revenues, yielding positive results. Unibot’s eponymous token has surged 85% over the past month, trading around $94.

The native token of trading application Unibot (UNIBOT) sunk 40% on Monday after announcing the termination of its collaboration with the team that deployed it on Solana over security concerns.

Unibot said a breach of trust had occurred when the Solana group "launched the Blast bot named "evm_unibot" without obtaining prior permission and authorization from us," in a post on X, adding that the group refused to perform KYC and failed to honor commitments around fees.

Dear Community Members,

We are reaching out to share a significant update regarding our collaboration with the team which deployed Unibot on Solana.

After careful consideration and feedback from our partnered organizations, the Unibot core team has decided to part ways with the…

— Unibot (@TeamUnibot) March 11, 2024 "This decision is rooted in security concerns, prompting us to transition to in-house development and operation of Unibot on Solana using our secure server infrastructure," Unibot added.

From trading at a high of $77 at the start of the European morning on Monday, UNIBOT sank 40% to around $45.51 before rebounding slightly. At the time of writing, it is priced at $50.75, down just over 30% on the last 24 hours, according to data by CoinMarketCap.

Read More: Solana Client Developer Jito Ends 'Mempool' Function

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Unibot, a distinguished presence in the realm of crypto trading services on Telegram, has made the significant decision to sever ties with the Solana team. This development comes in the wake of a series of unsettling incidents that have shaken the foundation of trust within the Unibot community and raised pertinent security concerns.

Venturing onto social media platforms, Unibot’s core team has taken the proactive step of elucidating the rationale behind this decision. A pivotal factor cited in this explanation is the unauthorized rollout of “evm_unibot” by the Solana group, an action undertaken without the requisite permissions or approvals from Unibot. This breach of protocol has served as the catalyst for the dissolution of the partnership.

Unibot’s Commitment to Security and Transparency In a resolute demonstration of its commitment to the principles of security and transparency, Unibot has unveiled its strategic plan to transition towards the in-house development and management of its Solana bot. This decisive move underscores Unibot’s unwavering dedication to upholding the integrity of its services and safeguarding the interests of its loyal user base.

Furthermore, the core team at Unibot has not hesitated to hold the Solana group accountable, issuing a call for rebranding and the fulfillment of obligations pertaining to the distribution of fees pledged to Unibot holders. However, the announcement of this strategic realignment has been met with a significant market response, with the price of UNIBOT experiencing a precipitous decline of over 46% within the span of just 24 hours, now trading at $40.25.

Also Read: Court Denies Sam Altman’s Worldcoin Ban Lift Plea, WLD Price To Drop?

Partnerships and Community Response Despite the fracture in its relationship with the Solana team, Unibot has wasted no time in charting a course for the future. The unveiling of an impending partnership with a redacted entity signals Unibot’s proactive approach towards advancing the development of its proprietary Solana bot.

This collaboration is poised to elevate the user experience across prominent platforms such as Telegram and Unisol-X, while also ensuring the direct distribution of SOL reward tokens by the Unibot Core Team. However, the news of this partnership has ignited a diverse spectrum of reactions within the crypto community. While some stakeholders have expressed skepticism regarding the terminology employed in Unibot’s announcement, others have seized upon the opportunity to champion their own initiatives, including the launch of airdrop campaigns.

Also Read: Bitcoin Records $2.6B Weekly Inflow Amid Growing Wall Street Interests

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In a significant move, the Unibot core team has announced a decisive shift in its collaboration on the Solana blockchain, pointing toward a future where trust, security, and community values take center stage, per a statement on their official social media accounts. 

Unibot Core Team Emphasizes Commitment To Transparency and Security This pivot comes as the team ends its partnership with the group that previously deployed Unibot on Solana, citing a misalignment with Unibot’s foundational principles of transparency, security, and honesty.

According to a recent Unibot’s official X account update, this separation was fueled by “trust and commitment breaches.” Notably, an unauthorized launch of a Blast bot under Unibot’s name without prior approval and a consistent refusal to adhere to Know Your Customer (KYC) protocols “raised red flags.”

Moreover, the Solana group’s failure to fulfill financial obligations to Unibot holders prompted the core team to take decisive action to “protect its community and uphold its standards.”

Despite these challenges, Unibot is turning a new page by announcing a proprietary Solana bot in collaboration with a new partner, which will soon be revealed.

This partnership aims to ensure that Unibot users on the Telegram and Unisol-X platforms can continue engaging with the trading bot securely and efficiently, with the promise of SOL reward tokens directly from the Unibot Core Team.

UNIBOT’s price trends to the downside on the daily chart. Source: UNIBOTUSDT on Tradingview Unibot Announces Billion-Dollar Milestone And New User-Centric Features The shift comes at a time of notable achievement for Unibot, having crossed an impressive $1 billion in lifetime trading volume. This milestone, coupled with a daily record of $20 million in volume and an active user base of 10,000, underscores the vibrant growth and potential of Unibot’s platform.

The team is also exploring innovative features to enhance user experience, including trading directly through Telegram for fast transactions, integrating leveraged trades with decentralized exchanges, and expanding trading strategies through options.

As the project embarks on this new chapter, the focus remains squarely on fostering a secure and empowering user environment. With an eye on the future, the Unibot team is committed to “pioneering the next wave of trading bot technology,” guided by the values that have always set them apart.

For those new to the platform or seeking to deepen their engagement, Unibot offers a wealth of resources to get started and maximize their trading experience. According to a community member speaking about the project:

UNIBOT is a pretty incredible invention. Trading with MM (market makers) or a ledger is slow and clunky. Trading directly through telegram is great for fast swaps, scalps, etc. Some things that would blow Team Unibot out of the water…

Cover image from Dall-E, chart from Tradingview

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Bitbot has generated FOMO due to its self-custodial features. The project runs a $100,000 airdrop with $1,000 rewards. $BITBOT carries a 100x potential amid presale frenzy and unique strengths. Crypto trading on Telegram bots gathered phase in 2023. This came after the launch of popular tokens such as Banana Gun and Unibot. Both saw unprecedented gains, cementing the status of Telegram bots as an unstoppable crypto phenomenon. Bitbot launches when this frenzy is still alive while guaranteeing added security advantages. This has created a frenzy for the token, with the presale raising more than $1.16 million through stage 6. Consequently, Bitbot has been labelled a 100x token amid its self-custodial features. Let’s investigate more about this token.

Bitbot generates FOMO: What is its unique value proposition? The key to Bitbot’s popularity is intense speculation. This is the first Telegram trading bot project offering self-custodial features. But what does this mean?

Trading on Telegram trading bots has been beset with controversy. The exploits of leading projects such as Unibot and Banana Gun showed how less protected investors are. This has been caused by the fact that these projects are custodial. They hold users’ private keys and assets, exposing them to potential losses if their accounts are compromised.

With self-custodial features, Bitbot allows users complete control over their assets. Users control their private keys, meaning no one can steal their assets if the platforms are exploited. This is an advantage to users seeking greater control and peace of mind when trading on Telegram trading bots. 

Owing to the self-custodial features, Bitbot has generated a frenzy that the token could explode when listed. Similar price trends have been recorded in other Telegram trading bots launched earlier. As such, Bitbot’s superior strengths could fuel higher price movements and return more to investors.

In addition to being self-custodial, the project is attractive with its enhanced security mechanisms. The wallet is secured by KnightSafe security protocols for institutional-grade reinforcement. There are other safety enhancements, such as anti-rug features. 

The all-around protections have created an expectation that $BITBOT is a huge potential token. The frenzy is underlined by the rapid presale and token predictions, which are as high as 100x. 

Bitbot: Profitable token with up to $100K airdrops and 50% revenue shares The number of followers on Bitbot’s socials has grown rapidly, thanks to profitable offers. An example is Twitter, which has over 114,000 followers. The attraction has been due to the profitable opportunities posted on the platforms. The notable one is the $100,000 airdrop that has attracted fans. 

The competition is open to all fans globally. Winners stand a chance to walk away with $1,000 worth of Bitbot tokens from a $100,000 prize pool.

The prelaunch offer is ongoing, with users needing to act on Bitbot to win odds. One just needs to participate in Bitbot, share about the project, subscribe to its mailing list, and more. Winners will be rewarded right before the project kicks off. 

Bitbot is also a source of long-term passive income generation. Token holders get a share of 50% of transaction fee revenue generated from the platform. Aside from enjoying seamless trading through an app, one grows their investment over time. The unique advantage over rivals makes Bitbot a very attractive trading platform. This generates value for the token, unlocking its future potential.

Can $BITBOT rise by 100x? Telegram trading bots represent the future of trading, and statistics back this up. The sector has witnessed over $13.6 million in cumulative trading volumes. This is an advantage to the Bitbot token, debuting when a market frenzy unfolds. As such, the debut could be met with wild price movements.

Whether $BITBOT can rise 100x is speculative. However, rival tokens, which carry lesser superior features, have risen by approximately similar margins. As such, $BITBOT carries the potential to claim a 100x gain. A robust presale and speculation cement the token’s status as a potential big gainer.

To purchase $BITBOT while on presale, investors can visit the project’s website page.

Meme Coin Snipers’ Secrets to Making Millions Revealed

Solana Telegram Bots Hit $211M in Volume, Trojan Leads the Way

In South Korea, a Blockchain-based social karaoke platform called Somesing was hacked last weekend. The platform announced that 730 million Somesing (SSX) tokens worth $11.58 million were stolen.

Altcoin’s Price Plummets After Hack AttackAccordingly, the stolen tokens were part of the 504 million undistributed SSX tokens planned to be released into circulation by the end of 2025, and included 226 million SSX tokens held by the Somesing Foundation, which are already part of the current circulating supply. Following the attack, the price of SSX fell by more than 10%, from $0.01851 to $0.015.

Somesing confirmed that “the hack attack has no connection with any member of the Somesing team and is presumed to have been carried out by professional hacker(s) specialized in the theft of virtual assets.” The platform reported the hack to the National Police Agency for investigation and announced plans to notify Interpol. Somesing also added that it is tracking the attacker with the help of the local Blockchain organization Klaytn Foundation and Interpol’s partner company Uppsala Security. After identifying the perpetrator, Somesing intends to freeze the assets and initiate legal proceedings.

Leading South Korean crypto exchanges such as Upbit, Bithumb, and Coinone have suspended deposit and withdrawal services for SSX at Somesing’s request and warned users about increased price volatility due to the security breach. On the other hand, other leading centralized crypto exchanges that list SSX, such as HTX and Gate.io, have not taken any action.

Cybersecurity remains a critical concern in the crypto sector, as seen in the recent hack of the Klaytn-linked protocol Orbit Bridge, which resulted in a loss of $81.5 million earlier this month. Despite this incident, the total volume of crypto hacks in 2023 has dropped by over 50% compared to 2022.

What is Somesing and How Does It Work?Operating on the Klaytn Blockchain, Somesing incentivizes users to upload karaoke recordings by rewarding them with tokens. These rewards are financed by other users who donate tokens to their favorite karaoke singers.

Singers receive 60% of the donated tokens, 20% goes to Somesing, and the remainder is allocated for copyright fees and the community.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

The South Korean karaoke blockchain platform Somesing lost access to 730 million SSX tokens worth $11.58 million due to a hack.

According to a blog post by Somesing, the hack occurred on Jan. 27. Among the stolen SSX tokens, 504 million were still unallocated tokens that were initially scheduled to go into circulation by the end of 2025, and 226 million SSX tokens were in the possession of the fund.

“As a result, 489 million SSX tokens have been over-circulated compared to the circulation volume under the original circulation supply plan as of the end of January 2024.”

Somesing team The project team stressed that the hacking incident is not associated with any member of the Somesing squad and is believed to have been carried out by professional hacker(s) who specialize in hacking virtual assets.

The platform team involved the police to investigate the incident. The Klaytn Foundation (Somesing operates on the organization’s blockchain) and Interpol partner Uppsala Security are also helping the karaoke platform find the scammer. Major South Korean exchanges responded to the incident by stopping SSX deposits and withdrawals.

Last week, another project, GAMEE, became the victim of a hacker attack. On January 22, unknown persons gained access to contracts for tokens of the gaming platform (GMEE) and stole a total of $7 million. Amid the news, GMEE collapsed by almost 50%. The investigation showed that unknown persons hacked the GitLab service, which is used for storing and managing repositories. Thus, they managed to gain unauthorized access to contracts for GMEE tokens.

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Over the weekend, South Korean Karaoke service SOMESING suffered a hack that stole hundreds of millions of SSX tokens. This hack has made crypto exchanges in South Korea alert users and take provisionary actions to minimize investors’ risks.

Upbit Alerts Over Security Risks On January 29, a press release from the largest South Korean crypto exchange Upbit alerted its users of the SSX tokens hack and the following measures to be taken. The exchange warned the community about the potential security risks and the price volatility the token has faced since the attack.

This announcement came after several crypto exchanges, including Bithumb and Coinone, followed SOMESING’s request to suspend SSX token deposits and withdrawals from crypto exchanges.

The press release stated that Upbit has also suspended deposits and withdrawals of the SSX token following the Foundation’s request and explained that the decision is based on the digital asset becoming a ‘cautionary asset’ according to the Digital Asset Exchange Association (DAXA) designation to protect investors.

As the report details, the ‘cautionary asset’ designation is founded on the security issue that the suspicious movements from SOMESING Foundation wallets represent, as well as the change in distribution volume compared to the distribution plan previously submitted by the foundation.

Consequently, Upbit also labeled the SSX token as a ‘cautionary asset’ and has designated a review period from January 19, 2024, until February 14, 2024, to examine the SSX token. Upbit will conduct a detailed review of the digital asset during this period to determine whether to extend or lift the ‘cautionary asset’ designation or terminate the transaction support.

730 Million Tokens Withdrawn To An Unknown Crypto Wallet On January 27, the decentralized blockchain music platform SOMESING notified its community and holders and revealed the details of the hack that occurred in the early hours of that day.

The hack saw 730 million SSX tokens, worth approximately $11 million at the time, withdrawn to unknown wallets. The foundation detailed on its Medium post that 504 million of the stolen SSX tokens were undistributed tokens originally planned to be circulated by the end of 2025.

The Foundation held the other 226 million withdrawn tokens for their circulation supply plans, and as a result, 489 million SSX tokens are over-circulating.

SOMESING’s investigation determined that no member of its team seemed to be involved in the attack, as the methods used suggest that it was most likely conducted by a professional hacker or group of hackers specialized in targeting digital assets.

As part of the emergency measures taken, the Foundation informed that the case was immediately reported to the Cyber Investigation Unit of the National Police Agency, and the incident would also be reported to Interpol.

Additionally, SOMESING urgently requested that domestic and foreign exchanges temporarily suspend deposits and withdrawals of the SSX token where it was listed to prevent further damage to users.

Lastly, the Foundation detailed its plan to track the transaction history of the stolen SSX tokens in collaboration with the Klaytn Foundation and Official Interpol-partner cyber security company Uppsala Security. The goal is to identify the final destination of the stolen funds and identify the hacker’s wallet to potentially freeze the seized assets and unveil the hacker’s identity to take further legal action.

According to CoinGecko data, the SSX token traded around the $0,017-$0,018 range before the hack, falling to $0,015 in the following hours. At writing time, the SSX token trades at $0.01413, a 12.4% price drop in the last 24 hours.

BTC is trading at $ on the hourly chart. Source: BTCUSDT on TradingView.com Featured image from Unsplash.com, Chart from Tradingview.com

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Synthetix’s algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. 

According to CoinGecko’s price data, sUSD has dropped to $0.7924 as of Apr. 17, down more than 8% in the past 24 hours. Its market cap has fallen from $30 million at the beginning of April to $25 million as of press time. Due to the ongoing depeg, market activity has increased, as shown by the 320% rise in 24-hour trading volume to $794,081.

sUSD is a synthetic asset issued on the Synthetix (SNX) protocol, backed by its native token SNX and designed to track the price of the U.S. dollar using Chainlink (LINK) oracles. However recent protocol changes have disrupted that stability.

The ongoing depeg started in March and deepened following the implementation of Synthetix Improvement Proposal 420, which aims to increase capital efficiency. SIP-420  introduced a protocol-owned staking pool, also known as the “420 Pool.” This new structure allows SNX holders to delegate their stake to a shared pool rather than manage their own debt positions.

SIP-420 also slashed the required collateralization ratio from 500% to 200%, making it easier to mint sUSD. This change has led to a sharp increase in sUSD supply without a corresponding increase in demand. Now, with some Curve (CRV) pools showing over 90% sUSD, the oversupply has caused the price to fall further.

The Synthetix team has acknowledged the issue, calling it a “transition period.” In a Discord statement, the team said it plans to enhance Curve pool incentives, extend the Infinex deposit campaign, and introduce new use cases like Snaxchain to absorb excess sUSD.

Still, DeFi analysts remain skeptical. “I don’t see who would want to underwrite the risk of holding $sUSD,” said one analyst in a post on X, pointing to the lack of a clear repeg strategy backed by treasury capital.

TLDR Table of Contents

TLDRThe Root of the ProblemCurve Pools and Collateral ChangesSynthetix’s Response and Future Plans sUSD has fallen significantly below its $1 peg, trading as low as $0.66 before recovering to around $0.70-$0.80 The depegging began after the implementation of SIP-420, which reduced collateralization ratio from 500% to 200% Synthetix team says they have short, medium, and long-term plans to address the stability issues Market cap of sUSD has declined from $30 million to approximately $24.5 million Despite sUSD’s troubles, the SNX token has shown resilience, even gaining 7.5% in a 24-hour period Synthetix’s native stablecoin, sUSD, continues to drift further from its intended $1 peg, reaching all-time lows below $0.70. The crypto-collateralized stablecoin, which is backed by SNX tokens, has been experiencing instability since the beginning of 2025, with recent price action showing a concerning downward trend.

According to CoinMarketCap data, sUSD is currently trading around $0.70, representing a 30% deviation from its target peg with the US dollar. The stablecoin reportedly reached as low as $0.66 before showing a slight recovery. This decline marks a stark contrast to what users expect from a stablecoin, which is designed to maintain a stable value relative to its peg.

The depegging crisis began in mid-March 2025 and has progressively worsened over the past month. By April 9, the stablecoin had fallen to approximately $0.84, and it has continued its downward trajectory since then. The market capitalization of sUSD has also decreased from $30 million at the start of April to around $24.5 million at press time.

sUSD Price on CoinGecko The Root of the Problem The primary cause of sUSD’s instability appears to be linked to recent protocol changes, particularly the implementation of Synthetix Improvement Proposal 420 (SIP-420). This proposal was designed to enhance capital efficiency but has led to unintended consequences for the stablecoin’s stability.

SIP-420 introduced a new staking pool called the “420 Pool” and reduced the collateralization ratio from 500% to 200%. While this change was intended to improve efficiency, it has resulted in an oversupply of sUSD that has outpaced market demand.

The proposal also shifts debt risk from stakers to the protocol itself, creating what Synthetix describes as “structural shifts” in the ecosystem. These changes have removed the primary driver of sUSD buying, contributing to the current volatility.

Kain Warwick, founder of Synthetix, addressed the situation on April 2, explaining that the volatility is largely due to transitions in the protocol’s mechanisms. “New mechanisms are being introduced, but in this transition, there will be some volatility,” Warwick stated in a post on X.

Curve Pools and Collateral Changes The situation has been particularly evident in Curve pools, where sUSD now reportedly accounts for over 90% of the total supply. This imbalance has further contributed to the depreciation of the stablecoin as it struggles to maintain demand relative to other cryptocurrencies.

Warwick has also disclosed that Synthetix had divested 90% of its ETH position while increasing its SNX holdings. This adjustment in the protocol’s collateral composition may be having unexpected effects on investor perception of sUSD’s stability.

It’s worth noting that despite sUSD’s troubles, the SNX token has shown resilience. While SNX has fallen approximately 26% over the past 30 days amid the broader crypto market downturn, it has remained relatively stable in recent weeks, even gaining 7.5% in a 24-hour period according to one report.

⚓️The depegging of the stablecoin $sUSD has intensified, currently trading at $0.8030, Why?

According to market data, the depegging of $sUSD has worsened, with its current price at $0.803 — a 24-hour drop of 5.0%, bringing its market capitalization down to $25.46 million.$sUSD… pic.twitter.com/h3wC27MWcy

— Followin (@followin_io) April 17, 2025

Synthetix’s Response and Future Plans The Synthetix team has acknowledged the challenges facing sUSD but emphasizes that this isn’t the first time the asset has experienced stress. “Synthetix and sUSD have weathered multiple bear markets and periods of stablecoin volatility; this is not the first resilience test,” a spokesperson from Synthetix told Cointelegraph.

The team has outlined a three-tiered approach to address the current situation. In the short term, they will continue supporting liquidity for sUSD through Curve pools and deposit campaigns on their derivatives platform, Infinex.

For the medium term, Synthetix has introduced “simple debt-free” SNX staking that they say will “encourage individual debt repayment.” This measure aims to address some of the structural imbalances created by the protocol changes.

Long-term plans include making capital efficiency changes through the 420 Pool, taking over protocol-level management of sUSD supply, and introducing new “adoption-focused mechanisms” across Synthetix products.

Warwick has emphasized that “sUSD is not an algo stable, it is a pure crypto collateralized stable, the peg can and does drift, but there are mechanisms to push it back in line if it goes above or below the peg.”

The future of sUSD and the broader Synthetix ecosystem will depend on how effectively these measures can restore stability to the stablecoin. For now, users and investors are advised to monitor the situation closely as the protocol navigates this challenging transition period.

Synthetix protocol’s sUSD stablecoin fell to a new low of $0.66 this week, over 30% below its intended $1 peg, extending a month-long depegging trend that has raised concerns about the protocol’s stability.

“It is worth pointing out that sUSD is not an algo stable, it is a pure crypto collateralised stable,” Synthetix founder Kain Warwick wrote in an April 2 tweet thread. “The peg can and does drift but there are mechanisms to push it back in line... These mechanisms are being transitioned right now, hence the drift.”

It is worth pointing out that sUSD is not an algo stable, it is a pure crypto collateralised stable, the peg can and does drift but there are mechanisms to push it back in line if it goes above or below the peg. These mechanism are being transitioned right now, hence the drift.

— kain.depeg (@kaiynne) April 2, 2025

In the same thread, Warwick tried to contextualize the situation by comparing sUSD’s volatility to other stablecoins like Tether’s USDT and MakerDAO’s DAI. “Here is sUSD, definitely much more volatile than both Tether and DAI, especially when you factor in the scale of the chart,” he said.

The volatility follows the implementation of the SIP-420 upgrade on March 7, a major update that restructured how debt is handled in the protocol.

The change moved from individual SNX stakers backing sUSD to a shared debt pool, slashing the collateralization ratio from 750% to 200%, a move that weakened key peg-support incentives.

On March 20, sUSD dropped to around $0.98, dropping to lows of $0.91 at the end of the month before continuing its downward trend through April, per data from CoinGecko.

“This new design improves capital efficiency but it broke an important stabilization mechanism,” Mrinal Thakur, modular blockchain Okto’s head of ecosystem, tweeted. “There is no longer a strong incentive for stakers to buy cheap sUSD and repay debts.”

“If enough fear builds, users rush to exit, creating more SNX sell pressure and feeding a cascading loop,” Thakur warned last week.

Thakur noted how the “liquidity is thin,” AMM pools are “heavily sUSD-weighted,” and “small moves cause outsized price swings.”

Meanwhile, Warwick said sUSD’s current instability is temporary, claiming that, “I’m actually not worried about Synthetix for the first time in years, which is why I have been buying SNX this year.”

Despite his optimism, he warned holders, “It would be horrible to get shaken out here. I’m not saying this is the bottom—it very likely will get worse before it gets better.”

Decrypt has reached out to Kain Warwick and will update this article should he respond.

sUSD’s instabilityThe sUSD stablecoin’s recent depegging follows persistent instability since the start of the year. It first dropped to $0.96 in January, struggled through February, and only briefly stabilized in March before diving again in April.

Following its crash to $0.66, the price of sUSD recovered to $0.83 on Friday, per CoinGecko data—but volatility remains high.

In the short term, Synthetix is bolstering liquidity through Curve pools and deposit incentives on its derivatives platform Infinex.

Medium-term fixes include “debt-free” staking to encourage individual debt repayment. Long-term, it plans to manage sUSD supply directly and add new adoption incentives across its product suite.

While the Synthetix treasury reportedly holds $30 million in sUSD and other reserve assets like USDC and OP, Thakur cautioned that the situation is “fragile.”

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