KuCoin Postpones Baby Doge Trading Until April 19, Hosts $50K ‘Landing Party’
KuCoin offers $50K giveaway to celebrate $BabyDoge’s listing.
KuCoin Throws $BabyDoge Party
Sorry, Baby Doge Coin fam, you’re going to have to wait one more day until $BabyDoge is able to be traded on KuCoin. According to the Centralized Exchange, they decided to postpone active trading of $BabyDoge until 10 a.m. UTC on Wednesday, April 19, at “the request of the BABYDOGE project.”
According to the request of the BABYDOGE project, we have decided to postpone the market opening of the BABYDOGE/USDT trading pair to 10:00 on April 19, 2023 (UTC).
— KUCOIN (@kucoincom) April 18, 2023
👉https://t.co/k7JvfOEJ99 https://t.co/0WYDCAmFgQ
As BSC News reported previously, the KuCoin listing is the largest to-date for the BNB Chain MemeFi project and the first time $BabyDoge will be available on a top 5 Centralized Exchange, although the dog-themed token is listed on three other top 10 exchanges.
While trading is on hold, KuCoin has given the Baby Doge community something to wag their tails about. The exchange is hosting a “Baby Doge Landing Party” with a prize pool totaling $50,000 in $BabyDoge.
Whose ready for some paw-some news!
— KUCOIN (@kucoincom) April 18, 2023
To mark the listing of @BabyDogeCoin, we’re thrilled to announce a campaign that will give away a prize pool worth $50,000 in $BABYDOGE to qualified KuCoin users.
⏰ 10:00 on April 18 to 10:00 on April 25, 2023 (UTC)
Don't miss out 🔥
Meanwhile, Baby Doge is getting in on the celebration, too, by hosting a $500 giveaway to one lucky follower of the project’s official Twitter account.
Still have 24 hours before @kucoincom lists #BabyDoge !
— BabyDogeSwap.com LIVE (@BabyDogeCoin) April 18, 2023
To celebrate we will giveaway $500 to 1 lucky user who
1. Retweets this tweet
2. Follows @BabyDogeCoin https://t.co/ZmSOmPUYcb pic.twitter.com/nHD1F25NXJ
Deposits of $BabyDoge were enabled on KuCoin on Monday. The 24-hour postponement only affects the market opening of trading pair BabyDoge/USDT.
What is Baby Doge Swap:
Baby Doge Swap is the acclaimed “son” of the popular meme token, DOGE. Baby Doge Swap started out as Baby Doge Coin and is a hyper-deflationary system that progressively increases its scarcity and increases its liquidity. The project is now a fully Decentralized Exchange with swaps, liquidity pools, yield farming, and more. Baby Doge considers its primary utility as building a fun meme community to spread awareness of animal adoption.
Where to find Baby Doge Swap:
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Related News
Prisma Finance Reportedly Hit by $9M Hack: What to Know
Prisma Finance paused its protocol operations for investigation and advised vault owners to disable delegate approval.
Reports have emerged indicating that DeFi platform Prisma Finance, fell victim to a hacking attack amounting to approximately $9 million. Cyvers, a web3 security platform, raised the alert after it detected suspicious transactions linked to the breach.
🚨UPDATE🚨Our system has detected multiple suspicious transactions with @PrismaFi and still ongoing!
— 🚨 Cyvers Alerts 🚨 (@CyversAlerts) March 28, 2024
Total loss so far is around $9M. Attacker has funded by @FixedFloat!
Our system has detected the malicious contract 2 min earlier than hack transactions!👇
Our system would… https://t.co/9myoV8DL22 pic.twitter.com/SxT5yYZy7U
Initial estimates suggest a loss of $9 million, with the attacker reportedly utilizing funds from the crypto exchange FixedFloat.
Backing up Cyvers' findings, blockchain security firm PeckShield has confirmed the attack, providing details on the assets targeted by the hacker. Among the stolen assets are Prisma mkUSD and wrapped stETH.
In response to the breach, Prisma Finance issued a statement on X acknowledging the potential exploit. The project reportedly halted its protocol operations to conduct a thorough investigation into the incident.
Additionally, Prisma Finance advised vault owners to disable delegate approval as a precautionary measure.
We are aware of a possible exploit on Prisma.
— Prisma Finance (@PrismaFi) March 28, 2024
Core engineering contributors will pause the protocol and investigate.
We'll share an update and a post-mortem.
From DeFi Future to Security Concerns
Prisma Finance was initially hailed as the future of decentralized finance (DeFi), offering solutions in the form of a new LSTFi protocol. It enabled users to mint a fully collateralized non-custodial and decentralized stablecoin, mkUSD, using Ethereum liquid staking tokens (LSTs) as collateral.
However, the recent exploit paints a stark contrast to the platform's previous reputation, raising concerns regarding cybersecurity in the DeFi space.
Rising Trends in Crypto Hacks
The hack on Prisma Finance adds to a concerning trend in the cryptocurrency space. According to a Feb. 29 report by blockchain security firm Immunefi, over $200 million worth of cryptocurrency was lost to hacks and rug pulls last February, across 32 individual incidents.
This represents a 15.4% increase compared to the same period in 2023. Ethereum remains the most targeted blockchain, with 12 attacks accounting for over 85% of the total value lost in February.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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