The "Twitter Killer" banned in China
The decentralized Damus app had hardly topped the list of the most downloaded apps when the Chinese government blocked it. The Damus app has been removed from the Chinese AppStore because it "contains content that is illegal in China.” The ban was initiated by the local Cyberspace Administration. According to the CAC, Damus provides "information services capable of social mobilization.” At least it has no attribute of denazification.
Logan Paul will be held liable for his zoo scam
That’s not the first (or even tenth) case of YouTube stars and professional sportsmen being accused of promoting scam projects. Pro wrestler Logan Paul couldn't slide out of the strong arm of the law, either. He was named in a class-action suit from the CryptoZoo investors, alleging the project to be a typical Rug Pull. Paul was one of the founders of that fraudulent venture, so the plaintiffs have a pretty good chance to receive the compensation. Previously, we’ve published a complete guide to crypto analysis. Always remember to DYOR!
Bankrupt Voyager will dump Shiba?
Over the last day, Voyager Digital transferred assets worth approximately $9.6 million to Coinbase, Binance US, and Kraken, including 4.9 million VGX, 221,000 LINK, 3,050 ETH, and 270 billion SHIB. Another interesting fact: one of the addresses has 6.8 trillion SHIB, putting it in 18th place among the largest owners of the meme coins after the transfer. We've got a riddle for you: you're broke, you need money, the enemy is nearby, so you transfer 270 billion coins to the exchange. Is it for a far-off journey or an inheritance?
The Solana ecosystem is losing another player
Lending protocol Everlend Finance has announced that it has ceased operations. The reason is simple: a lack of liquidity. The codebase is left open-sourced by the developers so that others can continue working on the project. However, the team also maintains that Everlend is a fantastic product that will eventually be very convenient, and that Solana is the most effective network for its implementation. The app is now in withdrawal-only mode
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