The $SNORT token grants users access to premium features such as lower trading fees, automatic token sniping, copy-trading, staking, and community rewards. 

Team Information 

• Company: Meme Studio LAB Limited 
• Audits: SolidProof, Coinsult 
• Registered: British Virgin Islands (BVI) 
• Managing Director: Aleksandar Radev Kostov 

Project Concept

The project aims to solve challenges in meme coin trading: 

• Manual trading is slower than automated bots. 
• Honeypots and rug-pulls are common scams. 
• Trading tools are scattered, making user experience difficult. 
• Snorter Bot integrates trading directly into Telegram. Users can create a wallet with one click or import an existing wallet to perform protected trades. 

How the Project Works 

• Telegram Integration: Trade with simple chat commands. 
• High Speed & Security: Front-running protection, low latency, private mempool, sub-second execution. 
• Sniping: Automatic token purchase on new listings. 
• Copy-Trading: Real-time replication of successful wallets. 
• Portfolio Tracking: Commands for profit/loss and cost analysis. 
• Multi-Chain Support: Solana initially, then Ethereum, BNB Chain, Polygon, and Base. 

Governance

$SNORT holders can vote on: 

• Adding new blockchains 
• Adjusting bot trading fees 
• Treasury spending 
• Voting power is proportional to staked $SNORT. 

Roadmap 

• Phase 1 – Development: Market research, bot architecture, smart contracts, audits, website, whitepaper 
• Phase 2 – Token Launch: Marketing, presale, community beta test, influencer campaigns, Solana bot launch, token minting & bridge 
• Phase 3 – Multi-Chain Expansion: EVM bot launch, Telegram features, blockchain expansion, ecosystem growth, user dashboard 
• Phase 4 – Bot Expansion: Advanced trading algorithms, DeFi partnerships, DAO governance, trading API, ecosystem growth 

Token Utilities 

• Lower Trading Fees: 0.85% vs standard 1.5% 
• Sniping: Unlimited token hunting 
• Staking: Access to 25M $SNORT reward pool over 12 months 
• Governance: Staked tokens give voting rights 
• Community Incentives: Competitions, referrals, copy-trading rewards 

Token Information 

Symbol: $SNORT 

• Total Supply: 500,000,000 (fixed) 
• Chains: Solana (SPL, 9 decimals) & Ethereum (ERC-20, 18 decimals) 
• Minting: Disabled 
• Burning: Disabled 
• Presale: May 2025 → ends October 31, 2025 
• Price Range: $0.0935 → $0.1053 (60-stage sale) 
• Payment Methods: SOL, ETH, BNB, USDT, USDC, Bank/Card 

Token Distribution 

• 25% Product Development (125M) 
• 20% Marketing (100M) 
• 20% Exchange Liquidity (100M) 
• 10% Community Rewards (50M) 
• 10% Airdrop (50M) 
• 10% Treasury (50M) 
• 5% Staking Rewards (25M) 

Ecosystem & Features 

• Fast & secure trades with front-running protection 
• Automatic sniping on new token listings 
• Limit & stop-loss orders 
• Honeypot protection 
• Copy-Trading of top traders 
• Portfolio panel: profit/loss, cost, gains analysis 
• Multi-chain expansion: Solana -Ethereum, BNB Chain, other EVM networks 

Official Links 

• Website
• Telegram
• Twitter
• Whitepaper

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The post What is Snorter Token (SNORT)? Meme Coin and Bot Guide appeared first on Coin Engineer.

Zebec aims to eliminate high transaction fees, slow transfers, and reliance on intermediaries found in traditional finance. Its multi-chain payment infrastructure bridges Web2 and Web3 economies, enabling faster, secure, and low-cost capital flow. 

ZBCN Token 

• ZBCN is the governance and utility token of Zebec Network, replacing the previous ZBC token and serving as the core of the ecosystem. 
• Governance: ZBCN holders vote via Zebec DAO on decisions shaping the platform’s future. 
• Network Fees: Transaction fees are paid in ZBCN, with a portion burned to maintain a deflationary supply. 
• Staking: Users can stake ZBCN to earn passive income, incentivizing long-term holding. 
• Collateral & Services: ZBCN can be used as collateral in ecosystem applications and to access premium products or exclusive events. 

Founders & Leadership 

• Simon – CEO 
• Elena – CMO 
• Kian – CTO 
• Ashish – Head of Web3 Product Development 

Investors & Partnerships 

• Institutional Investors: Circle Ventures, Coinbase Ventures, Lightspeed, Solana Ventures, Republic Capital 
• Partners: Mastercard, VISA, JP Morgan, Coinbase, Solana, Binance Labs, Polygon – providing global financial integration and Web3 access. 

Project Purpose

• Zebec enables seamless, low-cost payments every second. 
• For Businesses: Real-time payroll, RWA payments, corporate account management. 
• For Users: Crypto card integration (150+ tokens), fiat conversion, everyday usability. 
• For Ecosystem: AI-powered data analytics, security, and compliance solutions. 

How It Works 

• Zebec Pay: Real-time payroll, global transfers, on-chain payments. 
• Zebec Card: Spend crypto, ATM withdrawals, POS usage. 
• Zebec Vaults: Treasury and corporate asset management. 
• ZBCN Token: Governance, staking, cashback, ecosystem incentives. 

Token Information 

• Name: Zebec Network (ZBCN) 
• Total Supply: 99.99B ZBCN 
• Max Supply: 100B ZBCN 
• Circulating Supply: 90.92B ZBCN 
• Chains: Solana, BNB Chain, Ethereum, other multi-chain networks 
• TGE: 2024 

Governance

• Zebec uses a hybrid governance model combining on-chain voting and off-chain consultation. 
• On-chain: ZBCN holders vote on proposals proportional to token ownership. Quorum requires 33% of circulating supply. 
• Off-chain: Community discussion via forums and social channels informs official voting. 

Token Distribution 

• Community & Rewards: 50% 
• Team & Advisors: 20% 
• Private Sale: 11% 
• Seed Sale: 9% 
• Public Sale: 6% 
• Market Making: 4% 

Ecosystem & Features 

• Zebec Pay → Real-time payroll & payments 
• Zebec Card → Crypto card for daily spending 
• Zebec Vaults → On-chain asset management 
• ZBCN Staking → Rewards for long-term holders 
• AI-powered ZAI → Security, privacy & compliance solutions 

2025 Roadmap 

• Zebec Pay: Multi-chain payroll, global transfers, crypto-fiat swaps 
• Zebec Cards: White-label card programs, licenses, payout solutions 
• ZBCN: Staking, cashback, long-term value model 
• Zepin: Hardware & software validation, network performance testing 
• ZAI: AI-driven payment security & privacy 
• Zebec Vaults: On-chain treasury management 

Official Links 

• Discord
• Telegram
• Medium
• X

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The post What is Zebec Network (ZBCN)? appeared first on Coin Engineer.

Later proven to be a hack, the Chinese cross-chain protocol Multichain Foundation observed shockingly high outflows in July 2023. Many protocols connected to the chain therefore became victims of the attack, resulting in the loss of about $210 million in assets spanning several chains, including Fantom, Ethereum, BND, Cronos, Polygon, Arbitrum, zkSync, Optimism, and Moonbeam.

After declaring its financial losses to the Singapore High Court, Fantom Foundation sought reimbursement for the damages endured.

While Multichain’s officials missed the recent court hearing on June 3, Fantom’s representatives submitted evidence gathered over the year to the Singapore court.

“The Claimant’s position is that the CEO of the First Defendant had ultimate privileges and control over the cryptocurrency assets stored in the Multichain Bridge,” says the statement.

Multichain admitted this claim on X and violated the user agreement as well, the court said.

The court decided on July 8 to award Fantom $2.187 million for losses experienced during the hack. Fantom earlier claimed, though, that the losses in her ecosystem accounted for about one-third of all losses totaling $210 million.

Research on blockchain security company Immunefi shows that crypto losses from hacks and scams more than doubled in the second quarter of 2024 compared to the same period the previous year.

Comparatively to just $220 million in Q2 2023, hacks cost over $572 million in Q2. Most of the losses in the quarter came from centralized exchange hacking.

Hacker and scam losses had been dropping before the second quarter; Immunefi notes a 23% drop in Q1. This drop persisted through April and most of May, then peaked at the end of June.

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The post Multichain to Compensate Fantom $2.187M for Hack appeared first on Coin Engineer.