Snowfall Protocol (SNW) Shines as Cardano (ADA)-Based DEX Leverages Vasil's Plutus V2 and Solana (SOL) Foundation Warns of Security Incident

By meghana_awhale | Date: 25/01/2323

In the ever-evolving world of cryptocurrency, new projects and developments are constantly arising. Among them, Snowfall Protocol (SNW) stands out as a shining example of innovative technology and potential for growth. However, other projects in the industry are facing setbacks and challenges. Cardano (ADA) based DEX, Minswap, has recently announced the release of a new feature, Yield Farming Harvest V2, which leverages Vasil's Plutus V2. Meanwhile, the Solana Foundation has warned of a security incident involving its email service provider, Mailchimp.

Cardano (ADA) DEX Minswap releases yield farming harvest V2, but Plutus V2's reliability in question

While the launch of Yield Farming Harvest V2 by Minswap is a positive development for Cardano (ADA)-based DEX, it is worth noting that the Plutus V2 technology that powers the feature is still relatively new and untested. Thus, there is a risk that the technology may not perform as expected, leading to potential issues for users of the DEX. Additionally, while the feature aims to solve the issue of having to harvest tokens one by one, it remains to be seen how well it will work in practice, and how user-friendly it will be. At the time of writing, the price of Cardano (ADA) is $0.330073. Unfortunately, Cardano (ADA) has seen a decline of 5.52% in the past 24 hours. This decline could be due to market conditions or the potential risks associated with the new feature. As such, it's important for investors and users to keep an eye on the performance of Yield Farming Harvest V2, and the price of Cardano (ADA) in the coming days and weeks.

Solana (SOL) network's non-profit suffers data breach via mailchimp

The Solana Foundation, which is the non-profit organization behind the Solana (SOL) Network, recently disclosed a security incident involving its email service provider, Mailchimp. An unauthorized actor accessed and exported certain user data, including names and Telegram usernames. The number of users affected by the incident is unclear, and Solana (SOL) Foundation has not provided any official statement regarding the incident. This is not the first time that crypto companies like Solana (SOL) have experienced security issues with Mailchimp. In August 2022, the email marketing platform suspended its services to crypto content creators and platforms associated with crypto news or related services due to an attack targeting Mailchimp's crypto-related users. This incident highlights the ongoing challenges that companies in the crypto industry face when it comes to data security and privacy. Currently, Solana (SOL) is trading at $ 21.23.

Investors turn to Snowfall Protocol (SNW) amid setbacks of Cardano (ADA) and Solana (SOL)

In contrast to the setbacks faced by Cardano (ADA) and Solana (SOL),  Snowfall Protocol (SNW) has been gaining traction among investors. Snowfall Protocol's (SNW) unique interoperability model has helped it stand out in the crowded blockchain market. Additionally, the team behind  Snowfall Protocol (SNW) has a strong track record of delivering on their promises, which has helped to build trust among investors. Snowfall Protocol’s  (SNW) presale campaign has also been a huge success, with the value increasing over 500% in 2023 alone. Investors are anticipating up to 5000% returns upon launch. This is a clear indication of the high level of interest and confidence in Snowfall Protocol (SNW) Furthermore, Snowfall Protocol (SNW) will be listed on PancakeSwap at $0.22.The current price of Snowfall Protocol (SNW) is $0.191, which makes it a fantastic opportunity for you to invest and treap profits in the near future.

Conclusion

While projects like Cardano (ADA) and Solana (SOL) have faced setbacks, Snowfall Protocol (SNW) stands out as a promising project with a unique interoperability model and a strong team behind it. The project's presale campaign has been a huge success and investors are anticipating high returns upon launch. This is a great opportunity for investors to capitalize on this promising project by registering for the presale.

get in while you can and invest in Snowfall Protocol (SNW) today!!!

Presale: https://presale.snowfallprotocol.io

Website: https://snowfallprotocol.io

Telegram: https://t.me/snowfallcoin

Twitter: https://twitter.com/snowfallcoin

 

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