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Cryptocurrency News Articles

Solana Disables Telegram Bot After Major Breach; Polygon Enhances Network, KangaMoon Reaches Presale Milestone

Apr 07, 2024 at 11:02 am

As the crypto industry undergoes constant shifts, a review of the latest trends reveals significant developments within top projects. Solana's Solareum bot will be shut down following a breach that resulted in a loss of over $500,000, while Polygon plans to enhance its performance with the addition of a new node to its zkEVM protocol. Additionally, KangaMoon continues to gain momentum, reaching a new milestone in its presale and offering promising growth potential for investors.

Solana Disables Telegram Bot After Major Breach; Polygon Enhances Network, KangaMoon Reaches Presale Milestone

Solana Shuts Down Telegram Bot after Major Exploit, Polygon Adds Node to zkEVM, KangaMoon Nears Milestone

Solana Suffers Breach, Discontinues Solareum Trading Bot

The Solana ecosystem has experienced a significant setback, prompting the shutdown of its Solareum trading bot. The bot, which facilitated the trading of Solana-based tokens on Telegram, was compromised in a security breach that resulted in the theft of over $523,000 worth of Solana coins on March 29th. According to estimates, over 300 users fell victim to the exploit.

In response to the breach, Solareum initially refuted user allegations of responsibility for the incident. However, a subsequent tweet acknowledged the possibility of a prior exploit that enabled the funds to be drained.

Polygon Enhances Network with New Node for zkEVM

Polygon (MATIC) is taking significant strides in enhancing its network performance and scalability. The project is poised to add the cdk-erigon RPC node to its zkEVM mainnet, a move expected to significantly improve sync times and reduce disc space requirements.

As per an announcement from the Polygon Foundation, the integration will lead to over 10 times less disc space and 150 times faster sync times. This development is part of Polygon's ongoing efforts to ensure network stability and minimize downtime. The RPC node is currently undergoing testing before its full implementation on the Polygon network.

KangaMoon Presale Surges, Raises $4 Million

KangaMoon (KANG), a popular meme project, has made significant progress in its presale, raising $4 million to date. With over 5,800 investors participating, the token has advanced to stage 5 of its presale.

KangaMoon has attracted over 20,000 members to its platform, solidifying its position as a top-performing blockchain project. Early investors have already realized over 290% ROI, and analysts anticipate a potential 700% growth before the end of the presale. This has positioned KangaMoon as a highly attractive investment opportunity.

Currently, the KANG token is available for purchase at just $0.019, with a 10% deposit bonus. Its low price and exponential growth potential have made it a sought-after asset among cryptocurrency enthusiasts. The team's plans to list the token on a major CEX in Q2 have further fueled bullish sentiment, leading analysts to project a 50x rally in the coming months.

KangaMoon's unique platform combines SocialFi and GameFi elements to facilitate interactions among meme enthusiasts. Its immersive play-to-earn gaming adventure rewards players with NFTs, collectibles, and the KANG token. As a comprehensive investment and engagement platform, KangaMoon is poised to become a major player in the cryptocurrency space.

Investing in KangaMoon: A Lucrative Opportunity

For investors seeking exposure to high-growth crypto projects, the KangaMoon presale presents an exceptional opportunity. With its strong community, impressive presale performance, and innovative platform, KangaMoon has the potential to deliver substantial returns to early investors.

Explore the Potential of the KangaMoon Presale Today:

Website: https://KangaMoon.com/

Telegram Community: https://t.me/KangaMoonofficial

Disclaimer:

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Other articles published on Jul 06, 2025