@donkarlione Cryptocurrencies are transforming the financial landscape by enabling decentralized transactions.😂 😂
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@rubinovitz Many investors are turning to decentralized finance (DeFi) to earn passive income through staking and yield farming.
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Sony's Soneium blockchain faces backlash over alleged blacklisting of memecoins on launch day The developers of Sony’s Layer 2 blockchain, Soneium, have sparked controversy due to their alleged action of blacklisting a few memecoins for infringing on intellectual property rights. This action, reported to have occurred on the network’s launch day, apparently resulted in some tokens being restricted, making them unsupported on the network This has caused frustration among some users, as expressed in several posts on X, showing their sudden inability to trade or access these memecoins on the Soneium network and the block explorer. The blacklisting specifically targets tokens that mimic or use branding which Sony or Soneium deems protected, and their activities have been restricted on the network. As a result, the trading of these memecoins has been reportedly impacted. Users attempting to access these tokens receive a forbidden alert on Soneium’s official block explorer.
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